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RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 1
Application Cost Worksheet
Please note that some fields might not be applicable for all technologies or all project
phases. Level of information detail varies according to phase requirements.
1. Renewable Energy Source
The Applicant should demonstrate that the renewable energy resource is available on a
sustainable basis.
Annual average resource availability. Wind Resource 16 mph average, Wind Class 6
Unit depends on project type (e.g. windspeed, hydropower output, biomasss fuel)
2. Existing Energy Generation
a) Basic configuration (if system is part of the Railbelt 1 grid, leave this section blank)
i. Number of generators/boilers/other 5 90 kWe Wind Turbines, 350 kWe Electric
Thermal Stoves
ii. Rated capacity of generators/boilers/other
iii. Generator/boilers/other type Diesels, Wind Turbines , Electric Thermal Storage
iv. Age of generators/boilers/other upgrade in progress
v. Efficiency of generators/boilers/other Now 10kwhrs/gal ,,, target 13- 14 kWhr/gal 2010
b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank)
i. Annual O&M cost for labor 139,000
ii. Annual O&M cost for non-labor 48,000
c) Annual electricity production and fuel usage (fill in as applicable) (if system is part of the
Railbelt grid, leave this section blank)
i. Electricity [kWh] 1,000,000 kWhrs to 1,500,000 kWhrs/yr
ii. Fuel usage
Diesel [gal] 130,000 gal
Other Heating fuel, 300,000
iii. Peak Load 280 kW, now, projected 450 kW, yr 2015
iv. Average Load 150
v. Minimum Load 100
vi. Efficiency 10 kWhr/gal
vii. Future trends Projected peak, 2015 = 450 kW, average
d) Annual heating fuel usage (fill in as applicable)
1 The Railbelt grid connects all customers of Chugach Electric Association, Homer Electric
Association, Golden Valley Electric Association, the City of Seward Electric Department,
Matanuska Electric Association and Anchorage Municipal Light and Power.
Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 2
i. Diesel [gal or MMBtu] 766 gallons/ household x 90 households = 68,900
ii. Electricity [kWh] 500,000 kWhrs, residential consumption
iii. Propane [gal or MMBtu]
iv. Coal [tons or MMBtu]
v. Wood [cords, green tons, dry tons]
vi. Other
3. Proposed System Design
a) Installed capacity 475 kWe wind turbines, 350 kWe Electric Thermal
Stoves, 785 kWe diesel
b) Annual renewable electricity generation
i. Diesel [gal or MMBtu] 75,000 electrical, 200,000 heating
ii. Electricity [kWh] 00,000 kWhrs
iii. Propane [gal or MMBtu]
iv. Coal [tons or MMBtu]
v. Wood [cords, green tons, dry tons]
vi. Other
4. Project Cost
a) Total capital cost of new system $ 3,360,000
b) Development cost n/a
c) Annual O&M cost of new system $ 31000
d) Annual fuel cost $ 650,000 (139,000 gallon x $5.00)
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity 53,938 gallons
ii. Heat 23659 gallons
iii. Transportation Energy available for plug in four wheeler in next phase
b) Price of displaced fuel $5.00 power generation, $ 8.00 heating fuel
c) Other economic benefits In creased revenues to utility $55,000, Increased
employment $ 20,000, reduced heating fuel costs
Decreased residential heating costs $77,900
d) Amount of Alaska public benefits $ 503,000 annually
Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 3
6. Power Purchase/Sales Price
a) Price for power purchase/sale Utility owned
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio 1.25, NPV Benefits/ Cost, 3%,20 years
Payback 6.68 years