HomeMy WebLinkAboutATTACHMENT B, Costworksheet ver 2 Renewable Energy Fund
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. Near 99.5%
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 NA
ii. Rated capacity of
generators/boilers/other
NA
iii. Generator/boilers/other type NA
iv. Age of generators/boilers/other NA
v. Efficiency of generators/boilers/other NA
b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank)
i. Annual O&M cost for labor NA
ii. Annual O&M cost for non-
labor
NA
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] NA
ii. Fuel usage
Diesel NA
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
[gal]
Other NA
iii. Peak Load NA
iv. Average Load NA
v. Minimum Load NA
vi. Efficiency NA
vii. Future trends NA
d) Annual heating fuel usage (fill in as applicable)
i. Diesel [gal or MMBtu] NA
ii. Electricity [kWh] NA
iii. Propane [gal or MMBtu] NA
iv. Coal [tons or MMBtu] NA
v. Wood [cords, green tons, dry
tons]
NA
vi. Other NA
3. Proposed System Design
a) Installed capacity 1,200 kW
b) Annual renewable electricity generation
i. Diesel [gal or MMBtu] -
ii. Electricity [kWh] 6,000,000 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 $3,087,000
Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 3
b) Development cost $3,087,000
c) Annual O&M cost of new system $35,600
d) Annual fuel cost 0
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity 58.8 MMCF/yr, value Present worth $8,067,000
ii. Heat -
iii. Transportation -
b) Price of displaced fuel $411,600/yr
c) Other economic benefits -
d) Amount of Alaska public
benefits
$4,062,000
6. Power Purchase/Sales Price
a) Price for power purchase/sale $0.05/kWh
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio 3.92
Payback < 30 years