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RFA AEA 09-004 Application Cost Worksheet 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. At least 5,880 MBF of commercially-available wood
from Haines State Forest. Recent annual uses
have been around 700 MBF.
Unit depends on project type (e.g. windspeed, hydropower output, biomass fuel)
Biomass fuel
2. Existing Energy Generation
a) Basic configuration (if system is part of the railbelt grid, leave this section blank)
i. Number of generators/boilers/other Four wood-fired boilers
ii. Rated capacity of generators/boilers/other 425,000 BTU/hr each
iii. Generator/boilers/other type Garn WHS 2000
iv. Age of generators/boilers/other new
v. Efficiency of generators/boilers/other 84%
b) Annual O&M cost
i. Annual O&M cost for labor $15,000.00
ii. Annual O&M cost for non-labor $22,000.00
c) Annual electricity production and fuel usage (fill in as applicable) – N/A
d) Annual heating fuel usage (fill in as applicable)
i. Diesel [gal or MMBtu] 11,520 gal
ii. Electricity [kWh]
iii. Propane [gal or MMBtu]
iv. Coal [tons or MMBtu]
v. Wood [cords, green tons, dry tons] 100 cords
vi. Other
3. Proposed System Design
a) Installed capacity 425,000 MBTU/hr X4 – 1,700,000
b) Annual renewable electricity generation – N/A
Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet Page 2
4. Project Cost
a) Total capital cost of new system $441,229.00
b) Development cost $47,444.00
c) Annual O&M cost of new system $15,000.00
d) Annual fuel cost $22,000.00
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity
ii. Heat 11,520 gal
iii. Transportation
b) Price of displaced fuel $57,600.00/yr
c) Other economic benefits Local resource, local employment, less dependence on
petroleum fuels
d) Amount of Alaska public benefits Using local resources, independence from foreign oil
6. Power Purchase/Sales Price
a) Price for power purchase/sale
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio Cost: $139,400.00 more to construct wood system
Benefits: $24,850.00/year fuel cost savings
14,500.00/year wages for maintenance
39,350.00/year
Payback 3.5 years