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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. 290,000-400,000 gallons depending on prices of
feedstock
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 Over 1400
ii. Rated capacity of generators/boilers/other Various
iii. Generator/boilers/other type
iv. Age of generators/boilers/other unknown
v. Efficiency of generators/boilers/other unknown
b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank)
i. Annual O&M cost for labor $116,390
ii. Annual O&M cost for non-labor $757,315
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] 40,000
ii. Fuel usage
Diesel [gal] 2,000 gallons of biodiesel
Other 1,000 gallons of glycerin (free byproduct of process)
iii. Peak Load
iv. Average Load
v. Minimum Load
vi. Efficiency
vii. Future trends
d) Annual heating fuel usage (fill in as applicable)
i. Diesel [gal or MMBtu]
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
ii. Electricity [kWh]
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 296,000 gallons
b) Annual renewable electricity generation
i. Diesel [gal or MMBtu]
ii. Electricity [kWh]
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 $278,850.00
b) Development cost $44,616
c) Annual O&M cost of new system $901,590 (O+M labor, non-labor, and 10%
depreciation/maintenance)
d) Annual fuel cost $6,280.00
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity
ii. Heat 296,000 gallons
iii. Transportation
b) Price of displaced fuel $1,536,240
c) Other economic benefits Warrants further study- Health, Environmental, etc.
d) Amount of Alaska public benefits
6. Power Purchase/Sales Price
Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 3
a) Price for power purchase/sale
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio $296,000/annually
Payback 5 ½ years ROI