HomeMy WebLinkAboutCostworksheet ver 2KL 2 Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 1
Application Cost Worksheet Kenny Lake School
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. DNR 4 million acres with 20 tons of wood
fiber/acre, 1,000 acres N. Tonsina Ag. Subdivision,
BLM 144,000 acres with 20 tons of wood fiber/acre
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 2 Burnham V1111 oil fired boilers
ii. Rated capacity of generators/boilers/other 1.87 MBH
iii. Generator/boilers/other type
iv. Age of generators/boilers/other 9
v. Efficiency of generators/boilers/other 80%
b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank)
i. Annual O&M cost for labor $94,281 School
$9,428 heating estimate
ii. Annual O&M cost for non-labor $124,358 School
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]
ii. Fuel usage
Diesel [gal]
Other
iii. Peak Load
iv. Average Load
v. Minimum Load
vi. Efficiency
vii. Future trends
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
d) Annual heating fuel usage (fill in as applicable)
i. Diesel [gal or MMBtu] 20,039 gallons
ii. Electricity [kWh] 259,706 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 1.6 million BTU/HR
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 $1.2 million
b) Development cost $120,000
c) Annual O&M cost of new system $ 3,200
d) Annual fuel cost $27,446
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity
ii. Heat 18,035 gallons
iii. Transportation
b) Price of displaced fuel $60,598
c) Other economic benefits Reduce hazard fuels, increase jobs and opportunities
for local businesses
d) Amount of Alaska public benefits $32.82/acre for wild land fire suppression.
20 acres/year = $656.40
Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 3
Save $27,500/year in heating cost.
$3,000,000 saved in 20 years.
6. Power Purchase/Sales Price
a) Price for power purchase/sale N/A
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio 10 year B/C ratio is 0.53, 15 year B/C ratio is 1.22, 30 year B/C ratio is
9.32. A B/C > 1.0 is achieved in year 14.
Payback 1,200,000/27,446 = 44 years
Note: This is simple payback, no inflation. Actual is 14 years. See KL
Fuel Oil Chips Spreadsheet.xls.