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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. 90+%
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 Railbelt1 grid, leave this section blank)
i. Number of generators/boilers/other 5 wind turbines, 90kw, 4 diesel gensets
ii. Rated capacity of generators/boilers/other 4 gensets, 230/230/190/150
iii. Generator/boilers/other type Diesel
iv. Age of generators/boilers/other 2005
v. Efficiency of generators/boilers/other 12 kWhrs/gallon
b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank)
i. Annual O&M cost for labor $80,000
ii. Annual O&M cost for non-labor $ 40,000
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] 1,065,000 kWhrs presently to 1,500,000 kWhrs 2015
ii. Fuel usage
Diesel [gal] 180,000 gallon
Other Wood heat unknown
iii. Peak Load 345 kW
iv. Average Load 210 kW
v. Minimum Load 140 kW
vi. Efficiency 13 kW/gal
vii. Future trends Increase electrical load by 20% by year 2010-11, fuel price instability
d) Annual heating fuel usage (fill in as applicable)
i. Diesel [gal or MMBtu] 138,500 btu/gal,,, 80% efficiency, practically 100%
ii. Electricity [kWh] none
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
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 450 kW of installed wind capacity
b) Annual renewable electricity generation
i. Diesel [gal or MMBtu]
ii. Electricity [kWh] 1,200,000 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 $3,300,000
b) Development cost Completed
c) Annual O&M cost of new system $ 150,000, with new system
d) Annual fuel cost $4.66/gallon,
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity 50,000
ii. Heat 20,000 gallons
iii. Transportation Tbd.
b) Price of displaced fuel Last year $4.66/gallon
c) Other economic benefits Lower heating fuel costs for elders, increased wages
for local operators, dollars stay in community
d) Amount of Alaska public benefits At least $250,000 annually
6. Power Purchase/Sales Price
a) Price for power purchase/sale 15% less for electricity, 50% for heat,
Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 3
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio 3.0
Payback 6.4 years