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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. 1,700,000 kWh
December to April 87.4 cfs, June to October 74.8cfs
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 3 generators
ii. Rated capacity of generators/boilers/other 2-98kWh and 1-66kWh
iii. Generator/boilers/other type Diesel generators
iv. Age of generators/boilers/other 2 years
v. Efficiency of generators/boilers/other 13 kW per gallon
b) Annual O&M cost
i. Annual O&M cost for labor $20,000
ii. Annual O&M cost for non-labor $6000 (lubrication) $5000 (overhaul and replacement)
c) Annual electricity production and fuel usage
i. Electricity [kWh] 345,000 kWh
ii. Fuel usage
Diesel [gal] 33,000
Other 250 (lube oils)
iii. Peak Load 75kW
iv. Average Load 44kW
v. Minimum Load 32kW
vi. Efficiency 13 kW/gallon
vii. Future trends stable
d) Annual heating fuel usage (fill in as applicable)
i. Diesel [gal or MMBtu] 20,000 gallons
ii. Electricity [kWh]
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] 20
vi. Other
3. Proposed System Design
a) Installed capacity 270kW
b) Annual renewable electricity generation
i. Diesel [gal or MMBtu]
ii. Electricity [kWh] 1,700,000 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 $1,800,000
b) Development cost $700,000
c) Annual O&M cost of new system $20,000
d) Annual fuel cost 0
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity 33,000 gallons
ii. Heat 20,000 gallons
iii. Transportation Potential
b) Price of displaced fuel Currently $5.00/gallon
c) Other economic benefits Reduction in costs for lubrication, maintenance,
overhaul and replacement of diesel generators
d) Amount of Alaska public benefits
6. Power Purchase/Sales Price
a) Price for power purchase/sale Estimates $0.15-0.20 kWh
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 1.7:1
Payback 12 years