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HomeMy WebLinkAboutSoutheast Alaska Integrated Resource Plan-Vol 3 Appendices B&VProject172744 12-2011-A  DRAFT   SOUTHEAST ALASKA INTEGRATED  RESOURCE PLAN  Volume 3 ‐ Appendices  B&V PROJECT NO. 172744    PREPARED FOR    Alaska Energy Authority  DECEMBER 2011        ® ®©Black & Veatch Holding Company 2011. All rights reserved.  Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix A A-1 Appendix A. Additional Fuel Price Projections ($/MMBtu) Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix A 2 Table A-1 Low Case Diesel Price Projections ($/MMBtu) Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix A 3 Table A-2 Medium Case Diesel Price Projections ($/MMBtu) Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix A 4 Table A-3 High Case Diesel Price Projections ($/MMBtu) Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix A A-5 Table A-4 Low Case Heating Oil Price Projections ($/MMBtu) Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix A A-6 Table A-5 Medium Case Heating Oil Price Projections ($/MMBtu) Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix A A-7 Table A-6 High Case Heating Oil Price Projections ($/MMBtu) Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-1 Appendix B. Financial Models Case 1. Conventional Financing 1. Input Sheet 1 2. Input Sheet 2 3. Cash Flow Sheet 1 4. Cash Flow Sheet 2 5. NPV and Capacity Rate Summary Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-2 Case:Case 1 Description of Project Utility Finacing 100% Number of Units 1 Operating Period (max 50 years)50 Unit 1 Construction Period (max 60 months)48 Construction Start Date (calculated from COD & const. period)Jan-2014 Start of Commerical Operation (month/1/year)Jan-2018 Interest Rate on Construction Loan (%)5.50% Overall Percent Debt 100.0% Overall Percent Equity 0.0% Percent Debt:% of Unit Debt % of Unit Cost ($) % Tranche A 100.0%100.0%306,890,758 % Tranche B 0.0%0.0%0 % Tranche C 0.0%0.0%0 Unit 1 Long Term Debt (should equal overall debt percentage)100.0%100.0%306,890,758 Percent Equity:% of Unit Equity % Investor 1 100.0%0.0%0 Total Equity Contribution (should equal overall equity percentage)100.0%0.0%0 Total Sources of Funds (Unit 1)306,890,758 Target Debt Service Coverage Ratio (DSCR)1.2 Total Debt Percentage (weighted average, based on capital cost)100% Total Equity Percentage (weighted average, based on capital cost)0% Total Long Term Debt 306,890,758 Total Equity Contribution 0 Total Sources of Funds (All Units)306,890,758 Unit 1 Overall Equity Discount Rate (required rate of return on equity) (%)0%0% (Overall input affects only PV of cash flows on Combined Cash Flow tab) UNIT 1 Tranche A Tranche B Tranche C (Senior)(Senior)(Subordinate) Term (year)30 30 30 Payments per Year (1,2,4)2 2 2 Interest Rate (%)5.50%5.50%5.50% First Payment (month/year)*Jun-2018 Jun-2018 Jun-2018 Last Payment (month/year)*Jun-2048 Jun-2048 Jun-2048 Payment ($000s) * Debt payments occur at end of each payment period and last day of displayed month * Debt payments occur at end of each payment period and last day of displayed month (all units are US Dollars, $)Unit 1 Total Depr. %($)($) EPC + Owner's Costs 100%250,000,000 250,000,000 EPC Cost 250,000,000 Amount of State Grant 0 Owner's Costs: Site/Permits 100%0 Infrastructure 100%0 0 Start Up (not incl. fuel)100%0 Spare Parts/Inventory 100%0 Construction Mgmt/Mobilization Expenses 100%0 Staff (pre-operation)100%0 Consultants/Studies/Legal 100%0 Contingency (Owner's Reserve)100%0 Other Owner's Costs 100%0 Total 100%0 0 Financing Fees: Up Front 100%4,603,361 4,603,361 Commitment 100%0 0 Subtotal Financing Fees 100%4,603,361 4,603,361 Initial Contribution to Funds: Debt Service 0%21,003,614 21,003,614 Working Capital 0%206,760 206,760 Major Maintenance 0%0 0 Subtotal Initial Contributions to Funds 0%21,210,374 21,210,374 Interest During Construction 100%31,077,023 31,077,023 Total Capital Cost 306,890,758 306,890,758 Total Depreciable Amount 285,680,385 285,680,385 Unit 1 No. Months of P&I for Debt Service Fund 12 No. Days of Oper. Exp. For Working Capital Fund 45 Financing Fees: Up Front (%)1.50% Commitment (%)0.00% Interest Rate (Before-Tax) on Reserve Funds (%)3.0% Unit 1 Taxes (%): State 0.0% Federal 0.0% Effective 0.0% Tax Loss Treatment:Credit Current Year Overall Depreciable Amount 285,680,385 Depreciation Asset Life (Years)20 Depreciation Method: Straight-Line (SLN), Normal Unit 1 Project Description Debt/Equity Information Construction Information Reserve Fund Information Inputs Column 1 Depreciation & Tax Parameters Project Use of Funds Cost of Funds Totals Unit 1 Use Effective Tax Rate Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-3 Unit 1 Electrical Output: Initial Net Plant Output (MW)25.0 Annual Average Capacity Factor (%, calculated as average from 'Annual Generation' tab)65.0% Plant Output Degradation (% / year Cumulative, Recoverable after Major Maintenance)0.0% Major Maintenance Interval (years, fully recovers Plant Output)8 Heat Rate (metric, kJ/kWh)0 Heat Rate (Standard, Btu/kWh)0 Heat Rate Degradation (%/year Cumulative, Recoverable after Major Maintenance)0.0% Secondary Major Maintenance Interval (years, fully recovers Heat Rate)0 Item Units Price Unit 1 Energy Rate (First Year, not used if dropdown cell is "Yes")$/MWh 75.00 Energy Rate = Fuel + Variable O & M Pass-Through?Yes 3.00 Pass-Through Energy Rate Only (First Year)$/MWh 3.00 Energy Escalation 3.0% Capacity Rate (First Year)$/kW-yr 814.94 Capacity Charge = Fixed O&M Pass Through?Combined 50.00 Capacity Charge, Less FOM $/kW-yr 764.94 Capacity Escalation 0.0% Other Revenues: Item 1 $ Item 2 $ Item 3 $ Item 4 $ Item Units Unit 1 Escalation Variable Expenses: Variable O&M $/MWh 3.00 3.0% Water $/MWh Wastewater $/MWh Chemicals $/MWh Ash Disposal $/MWh Start Costs $/MWh Other Variable Expenses: Item 1 $/MWh Item 2 $/MWh Item 3 $/MWh Fixed Expenses:Unit 1 Escalation Fixed O&M (Annual, not including major maintenance / new capital costs)$/kW-yr 50.00 3.0% Property Taxes $ Insurance $ General & Administrative $ Major Maintenance Interval Unit 1 Escalation Major Maintenance Service Interval (as reported above)8 Recurring Major Maintenance Cost (stated in $ at COD)$0 3.0% Secondary Major Maintenance Interval 0 Recurring Secondary Major Maintenance Cost $0 3.0% One-Time Capital Investment Year of Operation that Investment Occurs 0 Amount of Investment $0 3.0% Other Fixed Expenses: Item 1 $ Item 2 $ Item 3 $ Units Unit 1 Escalation $/MBtu 0.0 Fuel Price $/GJ 0.00 2.5% $/ton 0.00 $/tonne 0.00 Heat Content of Fuel Btu/lb 0 Heat Content of Fuel (metric)kCal/kg 0 Revenues Electric/Cogeneration (E/C) Performance Non-Fuel Operating Expenses Fuel Operating Expenses Inputs Column 2 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-4 Calendar Year 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 Operation Year (Unit 1)1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Months in Operation Year (Unit 1)12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 Year Fraction 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Months in Operation Check: 600 / 600 Revenue FOM Portion of Capacity Revenue 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Capacity Charge Portion of Capacity Revenue 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 Total Capacity Revenues (Unit 1)21,623,506 21,661,006 21,699,631 21,739,414 21,780,392 21,822,598 21,866,071 21,910,848 21,956,968 22,004,472 22,053,401 22,103,798 22,155,707 22,209,173 22,264,243 22,320,965 22,379,389 22,439,565 22,501,547 22,565,388 22,631,145 22,698,874 22,768,635 22,840,489 22,914,498 Total Capacity Revenues 21,623,506 21,661,006 21,699,631 21,739,414 21,780,392 21,822,598 21,866,071 21,910,848 21,956,968 22,004,472 22,053,401 22,103,798 22,155,707 22,209,173 22,264,243 22,320,965 22,379,389 22,439,565 22,501,547 22,565,388 22,631,145 22,698,874 22,768,635 22,840,489 22,914,498 VOM Portion of Energy Revenue 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Energy Charge Portion of Energy Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Energy Revenues (Unit 1)427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Total Energy Revenues 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Debt Service Coverage Fund Buildup Revenue 4,200,723 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Operating Revenues 26,251,279 22,100,867 22,152,688 22,206,064 22,261,040 22,317,666 22,375,991 22,436,066 22,497,942 22,561,676 22,627,321 22,694,935 22,764,578 22,836,310 22,910,194 22,986,295 23,064,679 23,145,414 23,228,571 23,314,223 23,402,445 23,493,313 23,586,907 23,683,309 23,782,603 Interest Income Debt Reserve Fund 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 630,108 Working Capital Fund 0 6,203 6,389 6,581 6,778 6,981 7,191 7,406 7,629 7,858 8,093 8,336 8,586 8,844 9,109 9,382 9,664 9,954 10,252 10,560 10,877 11,203 11,539 11,885 12,242 Major Maintenance / Additional Capital Investment Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Interest Income 630,108 636,311 636,497 636,689 636,886 637,090 637,299 637,515 637,737 637,966 638,202 638,444 638,695 638,952 639,217 639,491 639,772 640,062 640,361 640,668 640,985 641,311 641,647 641,994 642,350 Total Revenue 26,881,387 22,737,178 22,789,185 22,842,752 22,897,927 22,954,756 23,013,290 23,073,581 23,135,680 23,199,641 23,265,522 23,333,380 23,403,273 23,475,262 23,549,412 23,625,786 23,704,451 23,785,476 23,868,932 23,954,891 24,043,430 24,134,624 24,228,554 24,325,303 24,424,953 Operating Expenditures Operating Expenditures (Unit 1) Fuel 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VOM 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Water Wastewater Chemicals Ash Disposal Start Costs Other TOTAL VOM 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 FOM 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Property Taxes Insurance General & Administrative Other One-Time Capital Investment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL FOM 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Total Operating Expenses 1,677,050 1,727,362 1,779,182 1,832,558 1,887,535 1,944,161 2,002,485 2,062,560 2,124,437 2,188,170 2,253,815 2,321,429 2,391,072 2,462,804 2,536,689 2,612,789 2,691,173 2,771,908 2,855,065 2,940,717 3,028,939 3,119,807 3,213,401 3,309,803 3,409,097 Major Maintenance Costs Major Maintenance Unit 1 (Not included in O&M expenses) Recurring Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Secondary Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Major Maintenance Costs 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service 25,204,337 21,009,817 21,010,003 21,010,195 21,010,392 21,010,595 21,010,805 21,011,021 21,011,243 21,011,472 21,011,707 21,011,950 21,012,200 21,012,458 21,012,723 21,012,996 21,013,278 21,013,568 21,013,866 21,014,174 21,014,491 21,014,817 21,015,153 21,015,499 21,015,856 Debt Service Coverage Fund Balance 0 4,263,734 4,391,646 4,523,395 4,659,097 4,798,870 4,942,836 5,091,121 5,243,855 5,401,170 5,563,205 5,730,102 5,902,005 6,079,065 6,261,437 6,449,280 6,642,758 6,842,041 7,047,302 7,258,721 7,476,483 7,700,777 7,931,801 8,169,755 8,414,847 Cash Available for Debt Service with Debt Service Coverage Fund 25,204,337 25,273,551 25,401,649 25,533,590 25,669,489 25,809,465 25,953,641 26,102,142 26,255,097 26,412,642 26,574,913 26,742,052 26,914,205 27,091,523 27,274,160 27,462,276 27,656,036 27,855,609 28,061,168 28,272,895 28,490,974 28,715,594 28,946,954 29,185,254 29,430,703 Debt Service (Principal & Interest) Interest Accrual in Operation Year 16,822,278 16,589,143 16,343,008 16,083,150 15,808,804 15,519,160 15,213,368 14,890,525 14,549,683 14,189,836 13,809,925 13,408,832 12,985,375 12,538,308 12,066,314 11,568,004 11,041,910 10,486,483 9,900,087 9,280,996 8,627,387 7,937,334 7,208,808 6,439,661 5,627,630 Principal Payments in Operation Year 4,181,336 4,414,472 4,660,606 4,920,464 5,194,810 5,484,454 5,790,246 6,113,089 6,453,932 6,813,779 7,193,689 7,594,782 8,018,239 8,465,306 8,937,300 9,435,610 9,961,704 10,517,131 11,103,527 11,722,618 12,376,228 13,066,280 13,794,806 14,563,953 15,375,984 Total Unit 1 Debt Service Payments 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 Total Principal & Interest Payments 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 Cash Flow net Debt Service 4,200,723 6,203 6,389 6,581 6,778 6,981 7,191 7,406 7,629 7,858 8,093 8,336 8,586 8,844 9,109 9,382 9,664 9,954 10,252 10,560 10,877 11,203 11,539 11,885 12,242 Annual Depreciation Expenses (Unit 1)14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 14,284,019 0 0 0 0 0 Adjusted Taxable Income (5,901,960)(9,863,345)(9,617,024)(9,356,975)(9,082,431)(8,792,584)(8,486,582)(8,163,524)(7,822,459)(7,462,383)(7,082,237)(6,680,901)(6,257,194)(5,809,870)(5,337,611)(4,839,027)(4,312,651)(3,756,934)(3,170,240)(2,550,841)12,387,104 13,077,483 13,806,345 14,575,838 15,388,226 Unit 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 After Tax Operating Cash Flow 4,200,723 6,203 6,389 6,581 6,778 6,981 7,191 7,406 7,629 7,858 8,093 8,336 8,586 8,844 9,109 9,382 9,664 9,954 10,252 10,560 10,877 11,203 11,539 11,885 12,242 Reserve Fund Transfers Debt Reserve Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers 0 (6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (Unit 1)0 (6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) Debt Service Coverage Fund Transfers (4,200,723)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (4,200,723)(6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) Distributions to Project Participants 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 After Tax Cash Flow / Funds 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cumulative Funds From DSCR & Reserves, with Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Remaining Debt 306,890,758 302,709,422 298,294,951 293,634,345 288,713,881 283,519,070 278,034,617 272,244,370 266,131,282 259,677,350 252,863,572 245,669,882 238,075,100 230,056,861 221,591,555 212,654,255 203,218,645 193,256,941 182,739,810 171,636,282 159,913,664 147,537,436 134,471,157 120,676,350 106,112,397 Present Value of After Tax Cash Flow / Funds at 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Required Rate of Return (0.00 %) Sum 0 Annual DSCR 1.200 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.001 1.001 1.001 1.001 1.001 1.001 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-5 Calendar Year 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 Operation Year (Unit 1)26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 Months in Operation Year (Unit 1)12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 Year Fraction 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Months in Operation Check: 600 / 600 Revenue FOM Portion of Capacity Revenue 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Capacity Charge Portion of Capacity Revenue 20,373,506 20,373,506 20,373,506 20,373,506 20,373,506 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Capacity Revenues (Unit 1)22,990,728 23,069,245 23,150,117 23,233,415 23,319,213 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Total Capacity Revenues 22,990,728 23,069,245 23,150,117 23,233,415 23,319,213 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 VOM Portion of Energy Revenue 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Energy Charge Portion of Energy Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Energy Revenues (Unit 1)894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Total Energy Revenues 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Debt Service Coverage Fund Buildup Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Operating Revenues 23,884,876 23,990,217 24,098,718 24,210,475 24,325,584 4,070,641 4,192,760 4,318,543 4,448,099 4,581,542 4,718,988 4,860,558 5,006,374 5,156,566 5,311,263 5,470,600 5,634,718 5,803,760 5,977,873 6,157,209 6,341,925 6,532,183 6,728,149 6,929,993 7,137,893 Interest Income Debt Reserve Fund 630,108 630,108 630,108 630,108 630,108 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund 12,609 12,987 13,377 13,778 14,192 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Major Maintenance / Additional Capital Investment Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Interest Income 642,717 643,096 643,485 643,887 644,300 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Total Revenue 24,527,593 24,633,313 24,742,204 24,854,361 24,969,884 4,085,258 4,207,816 4,334,050 4,464,072 4,597,994 4,735,933 4,878,011 5,024,352 5,175,082 5,330,335 5,490,245 5,654,952 5,824,601 5,999,339 6,179,319 6,364,699 6,555,640 6,752,309 6,954,878 7,163,524 Operating Expenditures Operating Expenditures (Unit 1) Fuel 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VOM 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Water Wastewater Chemicals Ash Disposal Start Costs Other TOTAL VOM 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 FOM 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Property Taxes Insurance General & Administrative Other One-Time Capital Investment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL FOM 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Total Operating Expenses 3,511,370 3,616,711 3,725,213 3,836,969 3,952,078 4,070,641 4,192,760 4,318,543 4,448,099 4,581,542 4,718,988 4,860,558 5,006,374 5,156,566 5,311,263 5,470,600 5,634,718 5,803,760 5,977,873 6,157,209 6,341,925 6,532,183 6,728,149 6,929,993 7,137,893 Major Maintenance Costs Major Maintenance Unit 1 (Not included in O&M expenses) Recurring Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Secondary Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Major Maintenance Costs 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service 21,016,223 21,016,601 21,016,991 21,017,392 21,017,806 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Debt Service Coverage Fund Balance 8,667,293 8,927,311 9,195,131 9,470,985 9,755,114 10,047,768 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service with Debt Service Coverage Fund 29,683,516 29,943,913 30,212,122 30,488,377 30,772,920 10,062,385 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Debt Service (Principal & Interest) Interest Accrual in Operation Year 4,770,322 3,865,215 2,909,642 1,900,790 835,688 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Principal Payments in Operation Year 16,233,292 17,138,399 18,093,972 19,102,824 20,167,926 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Unit 1 Debt Service Payments 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Principal & Interest Payments 21,003,614 21,003,614 21,003,614 21,003,614 21,003,614 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Flow net Debt Service 12,609 12,987 13,377 13,778 14,192 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Annual Depreciation Expenses (Unit 1)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Adjusted Taxable Income 16,245,901 17,151,386 18,107,349 19,116,602 20,182,117 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Unit 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 After Tax Operating Cash Flow 12,609 12,987 13,377 13,778 14,192 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Reserve Fund Transfers Debt Reserve Fund Net Transfers 0 0 0 0 0 21,003,614 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers (12,609)(12,987)(13,377)(13,778)(14,192)(14,617)(15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (Unit 1)(12,609)(12,987)(13,377)(13,778)(14,192)20,988,997 (15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 Debt Service Coverage Fund Transfers 0 0 0 0 0 10,047,768 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (12,609)(12,987)(13,377)(13,778)(14,192)31,036,765 (15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 Distributions to Project Participants 0 0 0 0 0 (31,051,382)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (880,014) After Tax Cash Flow / Funds 0 0 0 0 0 0 (0)0 0 0 (0)(0)0 0 (0)0 0 (0)(0)0 (0)(0)(0)0 0 Cumulative Funds From DSCR & Reserves, with Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Remaining Debt 90,736,413 74,503,121 57,364,722 39,270,750 20,167,926 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Present Value of After Tax Cash Flow / Funds at 0 0 0 0 0 0 (0)0 0 0 (0)(0)0 0 (0)0 0 (0)(0)0 (0)(0)(0)0 0 Required Rate of Return (0.00 %) Sum Annual DSCR 1.001 1.001 1.001 1.001 1.001 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-6 Unit 1 Total PV of A-T Cash Flows at Discount Rate 0 0 FV of Equity Contributions at Discount Rate 0 0 Project NPV at Discount Rate 0 0 Discount Rate = 0% Case 1 Solves for Capacity payment based on P&I Obligation Current Project NPV Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-7 Case 2. Grant Financing 1. Input Sheet 1 2. Input Sheet 2 3. Cash Flow Sheet 1 4. Cash Flow Sheet 2 5. NPV and Capacity Rate Summary Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-8 Case:Case 2 Description of Project Grant 50%, Util 50% Number of Units 1 Operating Period (max 50 years)50 Unit 1 Construction Period (max 60 months)48 Construction Start Date (calculated from COD & const. period)Jan-2014 Start of Commerical Operation (month/1/year)Jan-2018 Interest Rate on Construction Loan (%)5.50% Overall Percent Debt 100.0% Overall Percent Equity 0.0% Percent Debt:% of Unit Debt % of Unit Cost ($) % Tranche A 100.0%100.0%153,559,173 % Tranche B 0.0%0.0%0 % Tranche C 0.0%0.0%0 Unit 1 Long Term Debt (should equal overall debt percentage)100.0%100.0%153,559,173 Percent Equity:% of Unit Equity % Investor 1 100.0%0.0%0 Total Equity Contribution (should equal overall equity percentage)100.0%0.0%0 Total Sources of Funds (Unit 1)153,559,173 Target Debt Service Coverage Ratio (DSCR)1.2 Total Debt Percentage (weighted average, based on capital cost)100% Total Equity Percentage (weighted average, based on capital cost)0% Total Long Term Debt 153,559,173 Total Equity Contribution 0 Total Sources of Funds (All Units)153,559,173 Unit 1 Overall Equity Discount Rate (required rate of return on equity) (%)0%0% (Overall input affects only PV of cash flows on Combined Cash Flow tab) UNIT 1 Tranche A Tranche B Tranche C (Senior)(Senior)(Subordinate) Term (year)30 30 30 Payments per Year (1,2,4)2 2 2 Interest Rate (%)5.50%5.50%5.50% First Payment (month/year)*Jun-2018 Jun-2018 Jun-2018 Last Payment (month/year)*Jun-2048 Jun-2048 Jun-2048 Payment ($000s) * Debt payments occur at end of each payment period and last day of displayed month * Debt payments occur at end of each payment period and last day of displayed month (all units are US Dollars, $)Unit 1 Total Depr. %($)($) EPC + Owner's Costs 100%125,000,000 125,000,000 EPC Cost 250,000,000 Amount of State Grant 125,000,000 Owner's Costs: Site/Permits 100%0 Infrastructure 100%0 0 Start Up (not incl. fuel)100%0 Spare Parts/Inventory 100%0 Construction Mgmt/Mobilization Expenses 100%0 Staff (pre-operation)100%0 Consultants/Studies/Legal 100%0 Contingency (Owner's Reserve)100%0 Other Owner's Costs 100%0 Total 100%0 0 Financing Fees: Up Front 100%2,303,388 2,303,388 Commitment 100%0 0 Subtotal Financing Fees 100%2,303,388 2,303,388 Initial Contribution to Funds: Debt Service 0%10,509,595 10,509,595 Working Capital 0%206,760 206,760 Major Maintenance 0%0 0 Subtotal Initial Contributions to Funds 0%10,716,355 10,716,355 Interest During Construction 100%15,539,430 15,539,430 Total Capital Cost 153,559,173 153,559,173 Total Depreciable Amount 142,842,818 142,842,818 Unit 1 No. Months of P&I for Debt Service Fund 12 No. Days of Oper. Exp. For Working Capital Fund 45 Financing Fees: Up Front (%)1.50% Commitment (%)0.00% Interest Rate (Before-Tax) on Reserve Funds (%)3.0% Unit 1 Taxes (%): State 0.0% Federal 0.0% Effective 0.0% Tax Loss Treatment:Credit Current Year Overall Depreciable Amount 142,842,818 Depreciation Asset Life (Years)20 Depreciation Method: Straight-Line (SLN), Normal Unit 1 Reserve Fund Information Inputs Column 1 Depreciation & Tax Parameters Project Use of Funds Cost of Funds Totals Unit 1 Project Description Debt/Equity Information Construction Information Use Effective Tax Rate Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-9 Unit 1 Electrical Output: Initial Net Plant Output (MW)25.0 Annual Average Capacity Factor (%, calculated as average from 'Annual Generation' tab)65.0% Plant Output Degradation (% / year Cumulative, Recoverable after Major Maintenance)0.0% Major Maintenance Interval (years, fully recovers Plant Output)8 Heat Rate (metric, kJ/kWh)0 Heat Rate (Standard, Btu/kWh)0 Heat Rate Degradation (%/year Cumulative, Recoverable after Major Maintenance)0.0% Secondary Major Maintenance Interval (years, fully recovers Heat Rate)0 Item Units Price Unit 1 Energy Rate (First Year, not used if dropdown cell is "Yes")$/MWh 75.00 Energy Rate = Fuel + Variable O & M Pass-Through?Yes 3.00 Pass-Through Energy Rate Only (First Year)$/MWh 3.00 Energy Escalation 3.0% Capacity Rate (First Year)$/kW-yr 407.77 Capacity Charge = Fixed O&M Pass Through?Combined 50.00 Capacity Charge, Less FOM $/kW-yr 357.77 Capacity Escalation 0.0% Other Revenues: Item 1 $ Item 2 $ Item 3 $ Item 4 $ Item Units Unit 1 Escalation Variable Expenses: Variable O&M $/MWh 3.00 3.0% Water $/MWh Wastewater $/MWh Chemicals $/MWh Ash Disposal $/MWh Start Costs $/MWh Other Variable Expenses: Item 1 $/MWh Item 2 $/MWh Item 3 $/MWh Fixed Expenses:Unit 1 Escalation Fixed O&M (Annual, not including major maintenance / new capital costs)$/kW-yr 50.00 3.0% Property Taxes $ Insurance $ General & Administrative $ Major Maintenance Interval Unit 1 Escalation Major Maintenance Service Interval (as reported above)8 Recurring Major Maintenance Cost (stated in $ at COD)$0 3.0% Secondary Major Maintenance Interval 0 Recurring Secondary Major Maintenance Cost $0 3.0% One-Time Capital Investment Year of Operation that Investment Occurs 0 Amount of Investment $0 3.0% Other Fixed Expenses: Item 1 $ Item 2 $ Item 3 $ Units Unit 1 Escalation $/MBtu 0.0 Fuel Price $/GJ 0.00 3.0% $/ton 0.00 $/tonne 0.00 Heat Content of Fuel Btu/lb 0 Heat Content of Fuel (metric)kCal/kg 0 Non-Fuel Operating Expenses Fuel Operating Expenses Inputs Column 2 Revenues Electric/Cogeneration (E/C) Performance Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-10 Calendar Year 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 Operation Year (Unit 1)1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Months in Operation Year (Unit 1)12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 Year Fraction 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Months in Operation Check: 600 / 600 Revenue FOM Portion of Capacity Revenue 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Capacity Charge Portion of Capacity Revenue 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 Total Capacity Revenues (Unit 1)11,444,307 11,481,807 11,520,432 11,560,216 11,601,193 11,643,400 11,686,873 11,731,650 11,777,770 11,825,274 11,874,203 11,924,600 11,976,508 12,029,974 12,085,044 12,141,767 12,200,190 12,260,367 12,322,349 12,386,190 12,451,946 12,519,675 12,589,437 12,661,290 12,735,300 Total Capacity Revenues 11,444,307 11,481,807 11,520,432 11,560,216 11,601,193 11,643,400 11,686,873 11,731,650 11,777,770 11,825,274 11,874,203 11,924,600 11,976,508 12,029,974 12,085,044 12,141,767 12,200,190 12,260,367 12,322,349 12,386,190 12,451,946 12,519,675 12,589,437 12,661,290 12,735,300 VOM Portion of Energy Revenue 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Energy Charge Portion of Energy Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Energy Revenues (Unit 1)427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Total Energy Revenues 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Debt Service Coverage Fund Buildup Revenue 2,101,919 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Operating Revenues 13,973,276 11,921,669 11,973,490 12,026,865 12,081,842 12,138,468 12,196,793 12,256,867 12,318,744 12,382,477 12,448,122 12,515,737 12,585,380 12,657,112 12,730,996 12,807,096 12,885,480 12,966,215 13,049,373 13,135,025 13,223,246 13,314,114 13,407,708 13,504,110 13,603,405 Interest Income Debt Reserve Fund 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 Working Capital Fund 0 6,203 6,389 6,581 6,778 6,981 7,191 7,406 7,629 7,858 8,093 8,336 8,586 8,844 9,109 9,382 9,664 9,954 10,252 10,560 10,877 11,203 11,539 11,885 12,242 Major Maintenance / Additional Capital Investment Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Interest Income 315,288 321,491 321,677 321,868 322,066 322,269 322,479 322,694 322,916 323,145 323,381 323,624 323,874 324,132 324,397 324,670 324,952 325,242 325,540 325,848 326,164 326,491 326,827 327,173 327,530 Total Revenue 14,288,564 12,243,159 12,295,166 12,348,733 12,403,908 12,460,737 12,519,271 12,579,562 12,641,661 12,705,622 12,771,503 12,839,361 12,909,253 12,981,243 13,055,393 13,131,767 13,210,432 13,291,457 13,374,913 13,460,872 13,549,411 13,640,605 13,734,535 13,831,284 13,930,934 Operating Expenditures Operating Expenditures (Unit 1) Fuel 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VOM 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Water Wastewater Chemicals Ash Disposal Start Costs Other TOTAL VOM 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 FOM 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Property Taxes Insurance General & Administrative Other One-Time Capital Investment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL FOM 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Total Operating Expenses 1,677,050 1,727,362 1,779,182 1,832,558 1,887,535 1,944,161 2,002,485 2,062,560 2,124,437 2,188,170 2,253,815 2,321,429 2,391,072 2,462,804 2,536,689 2,612,789 2,691,173 2,771,908 2,855,065 2,940,717 3,028,939 3,119,807 3,213,401 3,309,803 3,409,097 Major Maintenance Costs Major Maintenance Unit 1 (Not included in O&M expenses) Recurring Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Secondary Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Major Maintenance Costs 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service 12,611,514 10,515,798 10,515,984 10,516,176 10,516,373 10,516,576 10,516,786 10,517,002 10,517,224 10,517,453 10,517,688 10,517,931 10,518,181 10,518,439 10,518,704 10,518,977 10,519,259 10,519,549 10,519,847 10,520,155 10,520,472 10,520,798 10,521,134 10,521,480 10,521,837 Debt Service Coverage Fund Balance 0 2,133,448 2,197,451 2,263,375 2,331,276 2,401,214 2,473,251 2,547,448 2,623,872 2,702,588 2,783,665 2,867,175 2,953,191 3,041,786 3,133,040 3,227,031 3,323,842 3,423,557 3,526,264 3,632,052 3,741,014 3,853,244 3,968,841 4,087,907 4,210,544 Cash Available for Debt Service with Debt Service Coverage Fund 12,611,514 12,649,246 12,713,435 12,779,550 12,847,649 12,917,791 12,990,037 13,064,450 13,141,095 13,220,040 13,301,354 13,385,107 13,471,372 13,560,225 13,651,744 13,746,009 13,843,101 13,943,106 14,046,112 14,152,207 14,261,485 14,374,042 14,489,975 14,609,387 14,732,381 Debt Service (Principal & Interest) Interest Accrual in Operation Year 8,417,377 8,300,722 8,177,564 8,047,539 7,910,264 7,765,335 7,612,325 7,450,784 7,280,236 7,100,179 6,910,083 6,709,388 6,497,502 6,273,803 6,037,631 5,788,291 5,525,049 5,247,130 4,953,714 4,643,939 4,316,892 3,971,610 3,607,077 3,222,218 2,815,902 Principal Payments in Operation Year 2,092,218 2,208,873 2,332,031 2,462,056 2,599,331 2,744,260 2,897,270 3,058,811 3,229,359 3,409,416 3,599,512 3,800,207 4,012,093 4,235,792 4,471,964 4,721,304 4,984,546 5,262,465 5,555,881 5,865,656 6,192,703 6,537,985 6,902,518 7,287,377 7,693,694 Total Unit 1 Debt Service Payments 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 Total Principal & Interest Payments 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 Cash Flow net Debt Service 2,101,919 6,203 6,389 6,581 6,778 6,981 7,191 7,406 7,629 7,858 8,093 8,336 8,586 8,844 9,109 9,382 9,664 9,954 10,252 10,560 10,877 11,203 11,539 11,885 12,242 Annual Depreciation Expenses (Unit 1)7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 0 0 0 0 0 Adjusted Taxable Income (2,948,003)(4,927,065)(4,803,721)(4,673,504)(4,536,031)(4,390,899)(4,237,680)(4,075,923)(3,905,153)(3,724,868)(3,534,536)(3,333,598)(3,121,462)(2,897,505)(2,661,068)(2,411,455)(2,147,931)(1,869,722)(1,576,008)(1,265,925)6,203,579 6,549,188 6,914,057 7,299,262 7,705,935 Unit 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 After Tax Operating Cash Flow 2,101,919 6,203 6,389 6,581 6,778 6,981 7,191 7,406 7,629 7,858 8,093 8,336 8,586 8,844 9,109 9,382 9,664 9,954 10,252 10,560 10,877 11,203 11,539 11,885 12,242 Reserve Fund Transfers Debt Reserve Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers 0 (6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (Unit 1)0 (6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) Debt Reserve Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Debt Service Coverage Fund Transfers (2,101,919)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (2,101,919)(6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) Distributions to Project Participants 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 After Tax Cash Flow / Funds (0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0) Cumulative Funds From DSCR & Reserves, with Interest (0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0) Remaining Debt 153,559,173 151,466,954 149,258,082 146,926,050 144,463,994 141,864,663 139,120,402 136,223,132 133,164,321 129,934,962 126,525,546 122,926,034 119,125,827 115,113,734 110,877,943 106,405,979 101,684,675 96,700,129 91,437,664 85,881,783 80,016,127 73,823,424 67,285,440 60,382,921 53,095,545 Present Value of After Tax Cash Flow / Funds at (0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0) Required Rate of Return (0.00 %) Sum (0) Annual DSCR 1.200 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-11 Calendar Year 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 Operation Year (Unit 1)26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 Months in Operation Year (Unit 1)12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 Year Fraction 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Months in Operation Check: 600 / 600 Revenue FOM Portion of Capacity Revenue 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Capacity Charge Portion of Capacity Revenue 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Capacity Revenues (Unit 1)12,811,530 12,890,046 12,970,918 13,054,217 13,140,014 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Total Capacity Revenues 12,811,530 12,890,046 12,970,918 13,054,217 13,140,014 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 VOM Portion of Energy Revenue 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Energy Charge Portion of Energy Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Energy Revenues (Unit 1)894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Total Energy Revenues 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Debt Service Coverage Fund Buildup Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Operating Revenues 13,705,678 13,811,019 13,919,520 14,031,276 14,146,385 4,070,641 4,192,760 4,318,543 4,448,099 4,581,542 4,718,988 4,860,558 5,006,374 5,156,566 5,311,263 5,470,600 5,634,718 5,803,760 5,977,873 6,157,209 6,341,925 6,532,183 6,728,149 6,929,993 7,137,893 Interest Income Debt Reserve Fund 315,288 315,288 315,288 315,288 315,288 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund 12,609 12,987 13,377 13,778 14,192 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Major Maintenance / Additional Capital Investment Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Interest Income 327,897 328,275 328,665 329,066 329,479 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Total Revenue 14,033,574 14,139,294 14,248,185 14,360,342 14,475,865 4,085,258 4,207,816 4,334,050 4,464,072 4,597,994 4,735,933 4,878,011 5,024,352 5,175,082 5,330,335 5,490,245 5,654,952 5,824,601 5,999,339 6,179,319 6,364,699 6,555,640 6,752,309 6,954,878 7,163,524 Operating Expenditures Operating Expenditures (Unit 1) Fuel 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VOM 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Water Wastewater Chemicals Ash Disposal Start Costs Other TOTAL VOM 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 FOM 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Property Taxes Insurance General & Administrative Other One-Time Capital Investment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL FOM 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Total Operating Expenses 3,511,370 3,616,711 3,725,213 3,836,969 3,952,078 4,070,641 4,192,760 4,318,543 4,448,099 4,581,542 4,718,988 4,860,558 5,006,374 5,156,566 5,311,263 5,470,600 5,634,718 5,803,760 5,977,873 6,157,209 6,341,925 6,532,183 6,728,149 6,929,993 7,137,893 Major Maintenance Costs Major Maintenance Unit 1 (Not included in O&M expenses) Recurring Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Secondary Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Major Maintenance Costs 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service 10,522,204 10,522,582 10,522,972 10,523,373 10,523,787 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Debt Service Coverage Fund Balance 4,336,860 4,466,966 4,600,975 4,739,004 4,881,174 5,027,610 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service with Debt Service Coverage Fund 14,859,064 14,989,548 15,123,947 15,262,377 15,404,961 5,042,227 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Debt Service (Principal & Interest) Interest Accrual in Operation Year 2,386,930 1,934,041 1,455,900 951,100 418,154 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Principal Payments in Operation Year 8,122,665 8,575,554 9,053,695 9,558,495 10,091,441 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Unit 1 Debt Service Payments 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Principal & Interest Payments 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Flow net Debt Service 12,609 12,987 13,377 13,778 14,192 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Annual Depreciation Expenses (Unit 1)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Adjusted Taxable Income 8,135,274 8,588,542 9,067,072 9,572,273 10,105,633 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Unit 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 After Tax Operating Cash Flow 12,609 12,987 13,377 13,778 14,192 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Reserve Fund Transfers Debt Reserve Fund Net Transfers 0 0 0 0 0 10,509,595 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers (12,609)(12,987)(13,377)(13,778)(14,192)(14,617)(15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (Unit 1)(12,609)(12,987)(13,377)(13,778)(14,192)10,494,978 (15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 Debt Reserve Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Debt Service Coverage Fund Transfers 0 0 0 0 0 5,027,610 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (12,609)(12,987)(13,377)(13,778)(14,192)15,522,587 (15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 Distributions to Project Participants 0 0 0 0 0 (15,537,205)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (880,014) After Tax Cash Flow / Funds (0)(0)(0)(0)(0)0 (0)0 0 0 (0)(0)0 0 (0)0 0 (0)(0)0 (0)(0)(0)0 0 Cumulative Funds From DSCR & Reserves, with Interest (0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0) Remaining Debt 45,401,851 37,279,186 28,703,632 19,649,936 10,091,441 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Present Value of After Tax Cash Flow / Funds at (0)(0)(0)(0)(0)0 (0)0 0 0 (0)(0)0 0 (0)0 0 (0)(0)0 (0)(0)(0)0 0 Required Rate of Return (0.00 %) Sum Annual DSCR 1.001 1.001 1.001 1.001 1.001 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-12 Unit 1 Total PV of A-T Cash Flows at Discount Rate (0)(0) FV of Equity Contributions at Discount Rate 125,000,000 125,000,000 Project NPV at Discount Rate (125,000,000)(125,000,000) Discount Rate = 0% Case 2 Solves for Capacity payment based on P&I Obligation Current Project NPV Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-13 Case 3. Bradley Lake Financing Model 1. Input Sheet 1 2. Input Sheet 2 3. Cash Flow Sheet 1 4. Cash Flow Sheet 2 5. NPV and Capacity Rate Summary Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-14 Case:Case 3 Description of Project Util 50%, St. Eq. 50% Number of Units 1 Operating Period (max 50 years)50 Unit 1 Construction Period (max 60 months)48 Construction Start Date (calculated from COD & const. period)Jan-2014 Start of Commerical Operation (month/1/year)Jan-2018 Interest Rate on Construction Loan (%)5.50% Overall Percent Debt 100.0% Overall Percent Equity 0.0% Percent Debt:% of Unit Debt % of Unit Cost ($) % Tranche A 100.0%100.0%153,559,173 % Tranche B 0.0%0.0%0 % Tranche C 0.0%0.0%0 Unit 1 Long Term Debt (should equal overall debt percentage)100.0%100.0%153,559,173 Percent Equity:% of Unit Equity % Investor 1 100.0%0.0%0 Total Equity Contribution (should equal overall equity percentage)100.0%0.0%0 Total Sources of Funds (Unit 1)153,559,173 Target Debt Service Coverage Ratio (DSCR)1.2 Total Debt Percentage (weighted average, based on capital cost)100% Total Equity Percentage (weighted average, based on capital cost)0% Total Long Term Debt 153,559,173 Total Equity Contribution 0 Total Sources of Funds (All Units)153,559,173 Unit 1 Overall Equity Discount Rate (required rate of return on equity) (%)0%0% (Overall input affects only PV of cash flows on Combined Cash Flow tab) UNIT 1 Tranche A Tranche B Tranche C (Senior)(Senior)(Subordinate) Term (year)30 30 30 Payments per Year (1,2,4)2 2 2 Interest Rate (%)5.50%5.50%5.50% First Payment (month/year)*Jun-2018 Jun-2018 Jun-2018 Last Payment (month/year)*Jun-2048 Jun-2048 Jun-2048 Payment ($000s) * Debt payments occur at end of each payment period and last day of displayed month * Debt payments occur at end of each payment period and last day of displayed month (all units are US Dollars, $)Unit 1 Total Depr. %($)($) EPC + Owner's Costs 100%125,000,000 125,000,000 EPC Cost 250,000,000 Amount of State Grant 125,000,000 Owner's Costs: Site/Permits 100%0 Infrastructure 100%0 0 Start Up (not incl. fuel)100%0 Spare Parts/Inventory 100%0 Construction Mgmt/Mobilization Expenses 100%0 Staff (pre-operation)100%0 Consultants/Studies/Legal 100%0 Contingency (Owner's Reserve)100%0 Other Owner's Costs 100%0 Total 100%0 0 Financing Fees: Up Front 100%2,303,388 2,303,388 Commitment 100%0 0 Subtotal Financing Fees 100%2,303,388 2,303,388 Initial Contribution to Funds: Debt Service 0%10,509,595 10,509,595 Working Capital 0%206,760 206,760 Major Maintenance 0%0 0 Subtotal Initial Contributions to Funds 0%10,716,355 10,716,355 Interest During Construction 100%15,539,430 15,539,430 Total Capital Cost 153,559,173 153,559,173 Total Depreciable Amount 142,842,818 142,842,818 Unit 1 No. Months of P&I for Debt Service Fund 12 No. Days of Oper. Exp. For Working Capital Fund 45 Financing Fees: Up Front (%)1.50% Commitment (%)0.00% Interest Rate (Before-Tax) on Reserve Funds (%)3.0% Unit 1 Taxes (%): State 0.0% Federal 0.0% Effective 0.0% Tax Loss Treatment:Credit Current Year Overall Depreciable Amount 142,842,818 Depreciation Asset Life (Years)20 Depreciation Method: Straight-Line (SLN), Normal Unit 1 Reserve Fund Information Inputs Column 1 Depreciation & Tax Parameters Project Use of Funds Cost of Funds Totals Unit 1 Project Description Debt/Equity Information Construction Information Use Effective Tax Rate Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-15 Unit 1 Electrical Output: Initial Net Plant Output (MW)25.0 Annual Average Capacity Factor (%, calculated as average from 'Annual Generation' tab)65.0% Plant Output Degradation (% / year Cumulative, Recoverable after Major Maintenance)0.0% Major Maintenance Interval (years, fully recovers Plant Output)8 Heat Rate (metric, kJ/kWh)0 Heat Rate (Standard, Btu/kWh)0 Heat Rate Degradation (%/year Cumulative, Recoverable after Major Maintenance)0.0% Secondary Major Maintenance Interval (years, fully recovers Heat Rate)0 Item Units Price Unit 1 Energy Rate (First Year, not used if dropdown cell is "Yes")$/MWh 75.00 Energy Rate = Fuel + Variable O & M Pass-Through?Yes 3.00 Pass-Through Energy Rate Only (First Year)$/MWh 3.00 Energy Escalation 3.0% Capacity Rate (During Debt Term)$/kW-yr 407.77 Capacity Charge = Fixed O&M Pass Through?Combined 50.00 Capacity Charge, Less FOM $/kW-yr 357.77 Capacity Escalation 0.0% Capacity Rate (Post Debt)$/kW-yr 217.17 Other Revenues: Item 1 $ Item 2 $ Item 3 $ Item 4 $ Item Units Unit 1 Escalation Variable Expenses: Variable O&M $/MWh 3.00 3.0% Water $/MWh Wastewater $/MWh Chemicals $/MWh Ash Disposal $/MWh Start Costs $/MWh Other Variable Expenses: Item 1 $/MWh Item 2 $/MWh Item 3 $/MWh Fixed Expenses:Unit 1 Escalation Fixed O&M (Annual, not including major maintenance / new capital costs)$/kW-yr 50.00 3.0% Property Taxes $ Insurance $ General & Administrative $ Major Maintenance Interval Unit 1 Escalation Major Maintenance Service Interval (as reported above)8 Recurring Major Maintenance Cost (stated in $ at COD)$0 3.0% Secondary Major Maintenance Interval 0 Recurring Secondary Major Maintenance Cost $0 3.0% One-Time Capital Investment Year of Operation that Investment Occurs 0 Amount of Investment $0 3.0% Other Fixed Expenses: Item 1 $ Item 2 $ Item 3 $ Units Unit 1 Escalation $/MBtu 0.0 Fuel Price $/GJ 0.00 3.0% $/ton 0.00 $/tonne 0.00 Heat Content of Fuel Btu/lb 0 Heat Content of Fuel (metric)kCal/kg 0 Non-Fuel Operating Expenses Fuel Operating Expenses Inputs Column 2 Revenues Electric/Cogeneration (E/C) Performance Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-16 Calendar Year 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 Operation Year (Unit 1)1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Months in Operation Year (Unit 1)12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 Year Fraction 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Months in Operation Check: 600 / 600 Revenue FOM Portion of Capacity Revenue 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Capacity Charge Portion of Capacity Revenue 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 Total Capacity Revenues (Unit 1)11,444,307 11,481,807 11,520,432 11,560,216 11,601,193 11,643,400 11,686,873 11,731,650 11,777,770 11,825,274 11,874,203 11,924,600 11,976,508 12,029,974 12,085,044 12,141,767 12,200,190 12,260,367 12,322,349 12,386,190 12,451,946 12,519,675 12,589,437 12,661,290 12,735,300 Total Capacity Revenues 11,444,307 11,481,807 11,520,432 11,560,216 11,601,193 11,643,400 11,686,873 11,731,650 11,777,770 11,825,274 11,874,203 11,924,600 11,976,508 12,029,974 12,085,044 12,141,767 12,200,190 12,260,367 12,322,349 12,386,190 12,451,946 12,519,675 12,589,437 12,661,290 12,735,300 VOM Portion of Energy Revenue 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Energy Charge Portion of Energy Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Energy Revenues (Unit 1)427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Total Energy Revenues 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Debt Service Coverage Fund Buildup Revenue 2,101,919 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Operating Revenues 13,973,276 11,921,669 11,973,490 12,026,865 12,081,842 12,138,468 12,196,793 12,256,867 12,318,744 12,382,477 12,448,122 12,515,737 12,585,380 12,657,112 12,730,996 12,807,096 12,885,480 12,966,215 13,049,373 13,135,025 13,223,246 13,314,114 13,407,708 13,504,110 13,603,405 Interest Income Debt Reserve Fund 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 315,288 Working Capital Fund 0 6,203 6,389 6,581 6,778 6,981 7,191 7,406 7,629 7,858 8,093 8,336 8,586 8,844 9,109 9,382 9,664 9,954 10,252 10,560 10,877 11,203 11,539 11,885 12,242 Major Maintenance / Additional Capital Investment Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Interest Income 315,288 321,491 321,677 321,868 322,066 322,269 322,479 322,694 322,916 323,145 323,381 323,624 323,874 324,132 324,397 324,670 324,952 325,242 325,540 325,848 326,164 326,491 326,827 327,173 327,530 Total Revenue 14,288,564 12,243,159 12,295,166 12,348,733 12,403,908 12,460,737 12,519,271 12,579,562 12,641,661 12,705,622 12,771,503 12,839,361 12,909,253 12,981,243 13,055,393 13,131,767 13,210,432 13,291,457 13,374,913 13,460,872 13,549,411 13,640,605 13,734,535 13,831,284 13,930,934 Operating Expenditures Operating Expenditures (Unit 1) Fuel 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VOM 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Water Wastewater Chemicals Ash Disposal Start Costs Other TOTAL VOM 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 FOM 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Property Taxes Insurance General & Administrative Other One-Time Capital Investment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL FOM 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Total Operating Expenses 1,677,050 1,727,362 1,779,182 1,832,558 1,887,535 1,944,161 2,002,485 2,062,560 2,124,437 2,188,170 2,253,815 2,321,429 2,391,072 2,462,804 2,536,689 2,612,789 2,691,173 2,771,908 2,855,065 2,940,717 3,028,939 3,119,807 3,213,401 3,309,803 3,409,097 Major Maintenance Costs Major Maintenance Unit 1 (Not included in O&M expenses) Recurring Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Secondary Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Major Maintenance Costs 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service 12,611,514 10,515,798 10,515,984 10,516,176 10,516,373 10,516,576 10,516,786 10,517,002 10,517,224 10,517,453 10,517,688 10,517,931 10,518,181 10,518,439 10,518,704 10,518,977 10,519,259 10,519,549 10,519,847 10,520,155 10,520,472 10,520,798 10,521,134 10,521,480 10,521,837 Debt Service Coverage Fund Balance 0 2,133,448 2,197,451 2,263,375 2,331,276 2,401,214 2,473,251 2,547,448 2,623,872 2,702,588 2,783,665 2,867,175 2,953,191 3,041,786 3,133,040 3,227,031 3,323,842 3,423,557 3,526,264 3,632,052 3,741,014 3,853,244 3,968,841 4,087,907 4,210,544 Cash Available for Debt Service with Debt Service Coverage Fund 12,611,514 12,649,246 12,713,435 12,779,550 12,847,649 12,917,791 12,990,037 13,064,450 13,141,095 13,220,040 13,301,354 13,385,107 13,471,372 13,560,225 13,651,744 13,746,009 13,843,101 13,943,106 14,046,112 14,152,207 14,261,485 14,374,042 14,489,975 14,609,387 14,732,381 Debt Service (Principal & Interest) Interest Accrual in Operation Year 8,417,377 8,300,722 8,177,564 8,047,539 7,910,264 7,765,335 7,612,325 7,450,784 7,280,236 7,100,179 6,910,083 6,709,388 6,497,502 6,273,803 6,037,631 5,788,291 5,525,049 5,247,130 4,953,714 4,643,939 4,316,892 3,971,610 3,607,077 3,222,218 2,815,902 Principal Payments in Operation Year 2,092,218 2,208,873 2,332,031 2,462,056 2,599,331 2,744,260 2,897,270 3,058,811 3,229,359 3,409,416 3,599,512 3,800,207 4,012,093 4,235,792 4,471,964 4,721,304 4,984,546 5,262,465 5,555,881 5,865,656 6,192,703 6,537,985 6,902,518 7,287,377 7,693,694 Total Unit 1 Debt Service Payments 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 Total Principal & Interest Payments 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 Cash Flow net Debt Service 2,101,919 6,203 6,389 6,581 6,778 6,981 7,191 7,406 7,629 7,858 8,093 8,336 8,586 8,844 9,109 9,382 9,664 9,954 10,252 10,560 10,877 11,203 11,539 11,885 12,242 Annual Depreciation Expenses (Unit 1)7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 7,142,141 0 0 0 0 0 Adjusted Taxable Income (2,948,003)(4,927,065)(4,803,721)(4,673,504)(4,536,031)(4,390,899)(4,237,680)(4,075,923)(3,905,153)(3,724,868)(3,534,536)(3,333,598)(3,121,462)(2,897,505)(2,661,068)(2,411,455)(2,147,931)(1,869,722)(1,576,008)(1,265,925)6,203,579 6,549,188 6,914,057 7,299,262 7,705,935 Unit 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 After Tax Operating Cash Flow 2,101,919 6,203 6,389 6,581 6,778 6,981 7,191 7,406 7,629 7,858 8,093 8,336 8,586 8,844 9,109 9,382 9,664 9,954 10,252 10,560 10,877 11,203 11,539 11,885 12,242 Reserve Fund Transfers Debt Reserve Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers 0 (6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (Unit 1)0 (6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) Debt Reserve Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Debt Service Coverage Fund Transfers (2,101,919)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (2,101,919)(6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) After Tax Cash Flow / Funds (0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0) Remaining Debt 153,559,173 151,466,954 149,258,082 146,926,050 144,463,994 141,864,663 139,120,402 136,223,132 133,164,321 129,934,962 126,525,546 122,926,034 119,125,827 115,113,734 110,877,943 106,405,979 101,684,675 96,700,129 91,437,664 85,881,783 80,016,127 73,823,424 67,285,440 60,382,921 53,095,545 Present Value of After Tax Cash Flow / Funds at (0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0)(0) Required Rate of Return (0.00 %) Sum 125,000,000 Annual DSCR 1.200 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 1.001 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-17 Calendar Year 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 Operation Year (Unit 1)26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 Months in Operation Year (Unit 1)12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 Year Fraction 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Months in Operation Check: 600 / 600 Revenue FOM Portion of Capacity Revenue 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Capacity Charge Portion of Capacity Revenue 10,194,307 10,194,307 10,194,307 10,194,307 10,194,307 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 Total Capacity Revenues (Unit 1)12,811,530 12,890,046 12,970,918 13,054,217 13,140,014 8,463,217 8,554,239 8,647,993 8,744,558 8,844,021 8,946,467 9,051,987 9,160,672 9,272,618 9,387,923 9,506,686 9,629,013 9,755,009 9,884,785 10,018,454 10,156,134 10,297,944 10,444,008 10,594,454 10,749,413 Total Capacity Revenues 12,811,530 12,890,046 12,970,918 13,054,217 13,140,014 8,463,217 8,554,239 8,647,993 8,744,558 8,844,021 8,946,467 9,051,987 9,160,672 9,272,618 9,387,923 9,506,686 9,629,013 9,755,009 9,884,785 10,018,454 10,156,134 10,297,944 10,444,008 10,594,454 10,749,413 VOM Portion of Energy Revenue 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Energy Charge Portion of Energy Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Energy Revenues (Unit 1)894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Total Energy Revenues 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Debt Service Coverage Fund Buildup Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Operating Revenues 13,705,678 13,811,019 13,919,520 14,031,276 14,146,385 9,499,780 9,621,899 9,747,682 9,877,238 10,010,681 10,148,127 10,289,697 10,435,513 10,585,705 10,740,402 10,899,740 11,063,858 11,232,899 11,407,012 11,586,348 11,771,064 11,961,322 12,157,288 12,359,132 12,567,032 Interest Income Debt Reserve Fund 315,288 315,288 315,288 315,288 315,288 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund 12,609 12,987 13,377 13,778 14,192 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Major Maintenance / Additional Capital Investment Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Interest Income 327,897 328,275 328,665 329,066 329,479 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Total Revenue 14,033,574 14,139,294 14,248,185 14,360,342 14,475,865 9,514,397 9,636,955 9,763,189 9,893,211 10,027,133 10,165,073 10,307,151 10,453,491 10,604,221 10,759,474 10,919,384 11,084,091 11,253,740 11,428,478 11,608,458 11,793,838 11,984,779 12,181,448 12,384,017 12,592,663 Operating Expenditures Operating Expenditures (Unit 1) Fuel 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VOM 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Water Wastewater Chemicals Ash Disposal Start Costs Other TOTAL VOM 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 FOM 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Property Taxes Insurance General & Administrative Other One-Time Capital Investment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL FOM 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Total Operating Expenses 3,511,370 3,616,711 3,725,213 3,836,969 3,952,078 4,070,641 4,192,760 4,318,543 4,448,099 4,581,542 4,718,988 4,860,558 5,006,374 5,156,566 5,311,263 5,470,600 5,634,718 5,803,760 5,977,873 6,157,209 6,341,925 6,532,183 6,728,149 6,929,993 7,137,893 Major Maintenance Costs Major Maintenance Unit 1 (Not included in O&M expenses) Recurring Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Secondary Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Major Maintenance Costs 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service 10,522,204 10,522,582 10,522,972 10,523,373 10,523,787 5,443,756 5,444,195 5,444,647 5,445,112 5,445,591 5,446,084 5,446,593 5,447,116 5,447,656 5,448,211 5,448,783 5,449,373 5,449,980 5,450,605 5,451,249 5,451,912 5,452,595 5,453,299 5,454,024 5,454,771 Debt Service Coverage Fund Balance 4,336,860 4,466,966 4,600,975 4,739,004 4,881,174 5,027,610 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service with Debt Service Coverage Fund 14,859,064 14,989,548 15,123,947 15,262,377 15,404,961 10,471,366 5,444,195 5,444,647 5,445,112 5,445,591 5,446,084 5,446,593 5,447,116 5,447,656 5,448,211 5,448,783 5,449,373 5,449,980 5,450,605 5,451,249 5,451,912 5,452,595 5,453,299 5,454,024 5,454,771 Debt Service (Principal & Interest) Interest Accrual in Operation Year 2,386,930 1,934,041 1,455,900 951,100 418,154 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Principal Payments in Operation Year 8,122,665 8,575,554 9,053,695 9,558,495 10,091,441 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Unit 1 Debt Service Payments 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Principal & Interest Payments 10,509,595 10,509,595 10,509,595 10,509,595 10,509,595 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Flow net Debt Service 12,609 12,987 13,377 13,778 14,192 5,443,756 5,444,195 5,444,647 5,445,112 5,445,591 5,446,084 5,446,593 5,447,116 5,447,656 5,448,211 5,448,783 5,449,373 5,449,980 5,450,605 5,451,249 5,451,912 5,452,595 5,453,299 5,454,024 5,454,771 Annual Depreciation Expenses (Unit 1)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Adjusted Taxable Income 8,135,274 8,588,542 9,067,072 9,572,273 10,105,633 5,443,756 5,444,195 5,444,647 5,445,112 5,445,591 5,446,084 5,446,593 5,447,116 5,447,656 5,448,211 5,448,783 5,449,373 5,449,980 5,450,605 5,451,249 5,451,912 5,452,595 5,453,299 5,454,024 5,454,771 Unit 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 After Tax Operating Cash Flow 12,609 12,987 13,377 13,778 14,192 5,443,756 5,444,195 5,444,647 5,445,112 5,445,591 5,446,084 5,446,593 5,447,116 5,447,656 5,448,211 5,448,783 5,449,373 5,449,980 5,450,605 5,451,249 5,451,912 5,452,595 5,453,299 5,454,024 5,454,771 Reserve Fund Transfers Debt Reserve Fund Net Transfers 0 0 0 0 0 10,509,595 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers (12,609)(12,987)(13,377)(13,778)(14,192)(14,617)(15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (Unit 1)(12,609)(12,987)(13,377)(13,778)(14,192)10,494,978 (15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 Debt Reserve Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Debt Service Coverage Fund Transfers 0 0 0 0 0 5,027,610 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (12,609)(12,987)(13,377)(13,778)(14,192)15,522,587 (15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 After Tax Cash Flow / Funds (0)(0)(0)(0)(0)20,966,344 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 6,309,153 Remaining Debt 45,401,851 37,279,186 28,703,632 19,649,936 10,091,441 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Present Value of After Tax Cash Flow / Funds at (0)(0)(0)(0)(0)20,966,344 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 5,429,139 6,309,153 Required Rate of Return (0.00 %) Sum Annual DSCR 1.001 1.001 1.001 1.001 1.001 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-18 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-19 Case 4. Inflation Indexed Bradley Lake Model 1. Input Sheet 1 2. Input Sheet 2 3. Cash Flow Sheet 1 4. Cash Flow Sheet 2 5. NPV and Capacity Rate Summary Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-20 Case:Case 3 Description of Project St. Eq. 50%, Indexed Number of Units 1 Operating Period (max 50 years)50 Unit 1 Construction Period (max 60 months)48 Construction Start Date (calculated from COD & const. period)Jan-2014 Start of Commerical Operation (month/1/year)Jan-2018 Interest Rate on Construction Loan (%)5.50% Overall Percent Debt 100.0% Overall Percent Equity 0.0% Percent Debt:% of Unit Debt % of Unit Cost ($) % Tranche A 100.0%100.0%65,240,179 % Tranche B 0.0%0.0%0 % Tranche C 0.0%0.0%0 Unit 1 Long Term Debt (should equal overall debt percentage)100.0%100.0%65,240,179 Percent Equity:% of Unit Equity % Investor 1 100.0%0.0%0 Total Equity Contribution (should equal overall equity percentage)100.0%0.0%0 Total Sources of Funds (Unit 1)65,240,179 Target Debt Service Coverage Ratio (DSCR)1.2 Total Debt Percentage (weighted average, based on capital cost)100% Total Equity Percentage (weighted average, based on capital cost)0% Total Long Term Debt 65,240,179 Total Equity Contribution 0 Total Sources of Funds (All Units)65,240,179 Unit 1 Overall Equity Discount Rate (required rate of return on equity) (%)0%0% (Overall input affects only PV of cash flows on Combined Cash Flow tab) UNIT 1 Tranche A Tranche B Tranche C (Senior)(Senior)(Subordinate) Term (year)30 30 30 Payments per Year (1,2,4)2 2 2 Interest Rate (%)5.50%5.50%5.50% First Payment (month/year)*Jun-2018 Jun-2018 Jun-2018 Last Payment (month/year)*Jun-2048 Jun-2048 Jun-2048 Payment ($000s) * Debt payments occur at end of each payment period and last day of displayed month * Debt payments occur at end of each payment period and last day of displayed month (all units are US Dollars, $)Unit 1 Total Depr. %($)($) EPC + Owner's Costs 100%53,000,000 53,000,000 EPC Cost 250,000,000 Amount of State Grant 197,000,000 Owner's Costs: Site/Permits 100%0 Infrastructure 100%0 0 Start Up (not incl. fuel)100%0 Spare Parts/Inventory 100%0 Construction Mgmt/Mobilization Expenses 100%0 Staff (pre-operation)100%0 Consultants/Studies/Legal 100%0 Contingency (Owner's Reserve)100%0 Other Owner's Costs 100%0 Total 100%0 0 Financing Fees: Up Front 100%978,603 978,603 Commitment 100%0 0 Subtotal Financing Fees 100%978,603 978,603 Initial Contribution to Funds: Debt Service 0%4,465,040 4,465,040 Working Capital 0%206,760 206,760 Major Maintenance 0%0 0 Subtotal Initial Contributions to Funds 0%4,671,800 4,671,800 Interest During Construction 100%6,589,777 6,589,777 Total Capital Cost 65,240,179 65,240,179 Total Depreciable Amount 60,568,380 60,568,380 Unit 1 No. Months of P&I for Debt Service Fund 12 No. Days of Oper. Exp. For Working Capital Fund 45 Financing Fees: Up Front (%)1.50% Commitment (%)0.00% Interest Rate (Before-Tax) on Reserve Funds (%)3.0% Unit 1 Taxes (%): State 0.0% Federal 0.0% Effective 0.0% Tax Loss Treatment:Credit Current Year Overall Depreciable Amount 60,568,380 Depreciation Asset Life (Years)20 Depreciation Method: Straight-Line (SLN), Normal Unit 1 Reserve Fund Information Inputs Column 1 Depreciation & Tax Parameters Project Use of Funds Cost of Funds Totals Unit 1 Project Description Debt/Equity Information Construction Information Use Effective Tax Rate Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-21 Unit 1 Electrical Output: Initial Net Plant Output (MW)25.0 Annual Average Capacity Factor (%, calculated as average from 'Annual Generation' tab)65.0% Plant Output Degradation (% / year Cumulative, Recoverable after Major Maintenance)0.0% Major Maintenance Interval (years, fully recovers Plant Output)8 Heat Rate (metric, kJ/kWh)0 Heat Rate (Standard, Btu/kWh)0 Heat Rate Degradation (%/year Cumulative, Recoverable after Major Maintenance)0.0% Secondary Major Maintenance Interval (years, fully recovers Heat Rate)0 Item Units Price Unit 1 Energy Rate (First Year, not used if dropdown cell is "Yes")$/MWh 75.00 Energy Rate = Fuel + Variable O & M Pass-Through?Yes 3.00 Pass-Through Energy Rate Only (First Year)$/MWh 3.00 Energy Escalation 3.0% Capacity Rate (During Debt Term)$/kW-yr 173.42 Capacity Charge = Fixed O&M Pass Through?Combined 50.00 Capacity Charge, Less FOM $/kW-yr 123.42 Capacity Escalation 1.5% Capacity Rate (Post Debt)$/kW-yr 173.42 Other Revenues: Item 1 $ Item 2 $ Item 3 $ Item 4 $ Item Units Unit 1 Escalation Variable Expenses: Variable O&M $/MWh 3.00 3.0% Water $/MWh Wastewater $/MWh Chemicals $/MWh Ash Disposal $/MWh Start Costs $/MWh Other Variable Expenses: Item 1 $/MWh Item 2 $/MWh Item 3 $/MWh Fixed Expenses:Unit 1 Escalation Fixed O&M (Annual, not including major maintenance / new capital costs)$/kW-yr 50.00 3.0% Property Taxes $ Insurance $ General & Administrative $ Major Maintenance Interval Unit 1 Escalation Major Maintenance Service Interval (as reported above)8 Recurring Major Maintenance Cost (stated in $ at COD)$0 3.0% Secondary Major Maintenance Interval 0 Recurring Secondary Major Maintenance Cost $0 3.0% One-Time Capital Investment Year of Operation that Investment Occurs 0 Amount of Investment $0 3.0% Other Fixed Expenses: Item 1 $ Item 2 $ Item 3 $ Units Unit 1 Escalation $/MBtu 0.0 Fuel Price $/GJ 0.00 3.0% $/ton 0.00 $/tonne 0.00 Heat Content of Fuel Btu/lb 0 Heat Content of Fuel (metric)kCal/kg 0 Non-Fuel Operating Expenses Fuel Operating Expenses Inputs Column 2 Revenues Electric/Cogeneration (E/C) Performance Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-22 Calendar Year 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 Operation Year (Unit 1)1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Months in Operation Year (Unit 1)12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 Year Fraction 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Months in Operation Check: 600 / 600 Revenue FOM Portion of Capacity Revenue 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Capacity Charge Portion of Capacity Revenue 4,335,496 4,400,529 4,466,536 4,533,535 4,601,538 4,670,561 4,740,619 4,811,728 4,883,904 4,957,163 5,031,520 5,106,993 5,183,598 5,261,352 5,340,272 5,420,376 5,501,682 5,584,207 5,667,970 5,752,990 5,839,285 5,926,874 6,015,777 6,106,014 6,197,604 Total Capacity Revenues (Unit 1)5,585,496 5,688,029 5,792,661 5,899,443 6,008,424 6,119,653 6,233,184 6,349,071 6,467,367 6,588,129 6,711,416 6,837,285 6,965,799 7,097,019 7,231,009 7,367,836 7,507,565 7,650,267 7,796,012 7,944,872 8,096,924 8,252,242 8,410,906 8,572,997 8,738,597 Total Capacity Revenues 5,585,496 5,688,029 5,792,661 5,899,443 6,008,424 6,119,653 6,233,184 6,349,071 6,467,367 6,588,129 6,711,416 6,837,285 6,965,799 7,097,019 7,231,009 7,367,836 7,507,565 7,650,267 7,796,012 7,944,872 8,096,924 8,252,242 8,410,906 8,572,997 8,738,597 VOM Portion of Energy Revenue 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Energy Charge Portion of Energy Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Energy Revenues (Unit 1)427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Total Energy Revenues 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Debt Service Coverage Fund Buildup Revenue 893,008 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Operating Revenues 6,905,554 6,127,890 6,245,719 6,366,092 6,489,072 6,614,721 6,743,104 6,874,288 7,008,341 7,145,333 7,285,335 7,428,422 7,574,670 7,724,156 7,876,961 8,033,166 8,192,855 8,356,115 8,523,036 8,693,707 8,868,224 9,046,681 9,229,178 9,415,817 9,606,701 Interest Income Debt Reserve Fund 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 133,951 Working Capital Fund 0 6,203 6,389 6,581 6,778 6,981 7,191 7,406 7,629 7,858 8,093 8,336 8,586 8,844 9,109 9,382 9,664 9,954 10,252 10,560 10,877 11,203 11,539 11,885 12,242 Major Maintenance / Additional Capital Investment Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Interest Income 133,951 140,154 140,340 140,532 140,729 140,932 141,142 141,358 141,580 141,809 142,044 142,287 142,537 142,795 143,060 143,333 143,615 143,905 144,203 144,511 144,828 145,154 145,490 145,836 146,193 Total Revenue 7,039,505 6,268,044 6,386,059 6,506,624 6,629,801 6,755,654 6,884,246 7,015,646 7,149,921 7,287,141 7,427,380 7,570,710 7,717,208 7,866,951 8,020,021 8,176,499 8,336,470 8,500,020 8,667,239 8,838,218 9,013,051 9,191,835 9,374,668 9,561,653 9,752,894 Operating Expenditures Operating Expenditures (Unit 1) Fuel 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VOM 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 Water Wastewater Chemicals Ash Disposal Start Costs Other TOTAL VOM 427,050 439,862 453,057 466,649 480,649 495,068 509,920 525,218 540,974 557,203 573,919 591,137 608,871 627,137 645,951 665,330 685,290 705,849 727,024 748,835 771,300 794,439 818,272 842,820 868,105 FOM 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Property Taxes Insurance General & Administrative Other One-Time Capital Investment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL FOM 1,250,000 1,287,500 1,326,125 1,365,909 1,406,886 1,449,093 1,492,565 1,537,342 1,583,463 1,630,966 1,679,895 1,730,292 1,782,201 1,835,667 1,890,737 1,947,459 2,005,883 2,066,060 2,128,041 2,191,883 2,257,639 2,325,368 2,395,129 2,466,983 2,540,993 Total Operating Expenses 1,677,050 1,727,362 1,779,182 1,832,558 1,887,535 1,944,161 2,002,485 2,062,560 2,124,437 2,188,170 2,253,815 2,321,429 2,391,072 2,462,804 2,536,689 2,612,789 2,691,173 2,771,908 2,855,065 2,940,717 3,028,939 3,119,807 3,213,401 3,309,803 3,409,097 Major Maintenance Costs Major Maintenance Unit 1 (Not included in O&M expenses) Recurring Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Secondary Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Major Maintenance Costs 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service 5,362,455 4,540,683 4,606,877 4,674,066 4,742,267 4,811,493 4,881,761 4,953,086 5,025,484 5,098,972 5,173,565 5,249,280 5,326,135 5,404,147 5,483,332 5,563,710 5,645,297 5,728,112 5,812,174 5,897,501 5,984,112 6,072,028 6,161,267 6,251,850 6,343,797 Debt Service Coverage Fund Balance 0 906,403 933,595 961,603 990,451 1,020,165 1,050,770 1,082,293 1,114,762 1,148,204 1,182,651 1,218,130 1,254,674 1,292,314 1,331,084 1,371,016 1,412,147 1,454,511 1,498,146 1,543,091 1,589,383 1,637,065 1,686,177 1,736,762 1,788,865 Cash Available for Debt Service with Debt Service Coverage Fund 5,362,455 5,447,086 5,540,472 5,635,669 5,732,718 5,831,658 5,932,531 6,035,379 6,140,246 6,247,176 6,356,215 6,467,410 6,580,809 6,696,461 6,814,416 6,934,726 7,057,443 7,182,623 7,310,320 7,440,592 7,573,496 7,709,093 7,847,444 7,988,612 8,132,662 Debt Service (Principal & Interest) Interest Accrual in Operation Year 3,576,153 3,526,592 3,474,268 3,419,026 3,360,705 3,299,131 3,234,124 3,165,493 3,093,035 3,016,537 2,935,774 2,850,508 2,760,488 2,665,448 2,565,110 2,459,177 2,347,337 2,229,262 2,104,604 1,972,995 1,834,048 1,687,353 1,532,480 1,368,971 1,196,346 Principal Payments in Operation Year 888,887 938,448 990,772 1,046,014 1,104,336 1,165,909 1,230,916 1,299,547 1,372,005 1,448,503 1,529,266 1,614,532 1,704,552 1,799,592 1,899,930 2,005,863 2,117,703 2,235,778 2,360,436 2,492,045 2,630,993 2,777,687 2,932,560 3,096,069 3,268,694 Total Unit 1 Debt Service Payments 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 Total Principal & Interest Payments 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 Cash Flow net Debt Service 897,415 75,642 141,836 209,026 277,227 346,453 416,721 488,046 560,444 633,931 708,525 784,240 861,095 939,107 1,018,292 1,098,670 1,180,257 1,263,072 1,347,134 1,432,461 1,519,072 1,606,988 1,696,227 1,786,810 1,878,757 Annual Depreciation Expenses (Unit 1)3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 3,028,419 0 0 0 0 0 Adjusted Taxable Income (1,242,117)(2,014,329)(1,895,811)(1,773,379)(1,646,857)(1,516,057)(1,380,782)(1,240,826)(1,095,970)(945,985)(790,629)(629,647)(462,772)(289,721)(110,196)76,114 269,540 470,431 679,151 896,087 4,150,065 4,384,675 4,628,787 4,882,879 5,147,451 Unit 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 After Tax Operating Cash Flow 897,415 75,642 141,836 209,026 277,227 346,453 416,721 488,046 560,444 633,931 708,525 784,240 861,095 939,107 1,018,292 1,098,670 1,180,257 1,263,072 1,347,134 1,432,461 1,519,072 1,606,988 1,696,227 1,786,810 1,878,757 Reserve Fund Transfers Debt Reserve Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers 0 (6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (Unit 1)0 (6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) Debt Reserve Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Debt Service Coverage Fund Transfers (893,008)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (893,008)(6,203)(6,389)(6,581)(6,778)(6,981)(7,191)(7,406)(7,629)(7,858)(8,093)(8,336)(8,586)(8,844)(9,109)(9,382)(9,664)(9,954)(10,252)(10,560)(10,877)(11,203)(11,539)(11,885)(12,242) After Tax Cash Flow / Funds 4,407 69,440 135,448 202,446 270,449 339,472 409,530 480,639 552,815 626,074 700,431 775,904 852,509 930,263 1,009,183 1,089,287 1,170,593 1,253,118 1,336,881 1,421,901 1,508,196 1,595,785 1,684,688 1,774,925 1,866,515 Remaining Debt 65,240,179 64,351,293 63,412,845 62,422,073 61,376,059 60,271,724 59,105,815 57,874,899 56,575,352 55,203,347 53,754,844 52,225,578 50,611,046 48,906,493 47,106,902 45,206,971 43,201,108 41,083,406 38,847,628 36,487,191 33,995,146 31,364,153 28,586,467 25,653,906 22,557,837 Present Value of After Tax Cash Flow / Funds at 4,407 69,440 135,448 202,446 270,449 339,472 409,530 480,639 552,815 626,074 700,431 775,904 852,509 930,263 1,009,183 1,089,287 1,170,593 1,253,118 1,336,881 1,421,901 1,508,196 1,595,785 1,684,688 1,774,925 1,866,515 Required Rate of Return (0.00 %) Sum 197,000,000 Annual DSCR 1.201 1.017 1.032 1.047 1.062 1.078 1.093 1.109 1.126 1.142 1.159 1.176 1.193 1.210 1.228 1.246 1.264 1.283 1.302 1.321 1.340 1.360 1.380 1.400 1.421 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix B B-23 Calendar Year 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 Operation Year (Unit 1)26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 Months in Operation Year (Unit 1)12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 Year Fraction 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Months in Operation Check: 600 / 600 Revenue FOM Portion of Capacity Revenue 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Capacity Charge Portion of Capacity Revenue 6,290,568 6,384,926 6,480,700 6,577,911 6,676,580 6,776,728 6,878,379 6,981,555 7,086,278 7,192,572 7,300,461 7,409,968 7,521,117 7,633,934 7,748,443 7,864,670 7,982,640 8,102,379 8,223,915 8,347,274 8,472,483 8,599,570 8,728,564 8,859,492 8,992,385 Total Capacity Revenues (Unit 1)8,907,790 9,080,666 9,257,312 9,437,820 9,622,286 9,810,806 10,003,480 10,200,408 10,401,697 10,607,454 10,817,789 11,032,816 11,252,651 11,477,413 11,707,227 11,942,217 12,182,513 12,428,249 12,679,561 12,936,589 13,199,478 13,468,375 13,743,433 14,024,807 14,312,659 Total Capacity Revenues 8,907,790 9,080,666 9,257,312 9,437,820 9,622,286 9,810,806 10,003,480 10,200,408 10,401,697 10,607,454 10,817,789 11,032,816 11,252,651 11,477,413 11,707,227 11,942,217 12,182,513 12,428,249 12,679,561 12,936,589 13,199,478 13,468,375 13,743,433 14,024,807 14,312,659 VOM Portion of Energy Revenue 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Energy Charge Portion of Energy Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Energy Revenues (Unit 1)894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Total Energy Revenues 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Debt Service Coverage Fund Buildup Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Operating Revenues 9,801,938 10,001,638 10,205,913 10,414,880 10,628,658 10,847,369 11,071,139 11,300,097 11,534,377 11,774,114 12,019,449 12,270,526 12,527,492 12,790,500 13,059,706 13,335,270 13,617,358 13,906,139 14,201,788 14,504,483 14,814,408 15,131,753 15,456,712 15,789,485 16,130,277 Interest Income Debt Reserve Fund 133,951 133,951 133,951 133,951 133,951 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund 12,609 12,987 13,377 13,778 14,192 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Major Maintenance / Additional Capital Investment Reserve Fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Interest Income 146,560 146,938 147,328 147,729 148,143 14,617 15,056 15,507 15,973 16,452 16,945 17,454 17,977 18,517 19,072 19,644 20,234 20,841 21,466 22,110 22,773 23,456 24,160 24,885 25,631 Total Revenue 9,948,498 10,148,576 10,353,241 10,562,609 10,776,800 10,861,986 11,086,195 11,315,605 11,550,350 11,790,566 12,036,394 12,287,979 12,545,469 12,809,016 13,078,778 13,354,915 13,637,592 13,926,980 14,223,254 14,526,593 14,837,181 15,155,210 15,480,872 15,814,370 16,155,909 Operating Expenditures Operating Expenditures (Unit 1) Fuel 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VOM 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 Water Wastewater Chemicals Ash Disposal Start Costs Other TOTAL VOM 894,148 920,972 948,601 977,060 1,006,371 1,036,562 1,067,659 1,099,689 1,132,680 1,166,660 1,201,660 1,237,710 1,274,841 1,313,086 1,352,479 1,393,053 1,434,845 1,477,890 1,522,227 1,567,894 1,614,931 1,663,378 1,713,280 1,764,678 1,817,619 FOM 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Property Taxes Insurance General & Administrative Other One-Time Capital Investment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL FOM 2,617,222 2,695,739 2,776,611 2,859,910 2,945,707 3,034,078 3,125,100 3,218,853 3,315,419 3,414,882 3,517,328 3,622,848 3,731,533 3,843,479 3,958,784 4,077,547 4,199,874 4,325,870 4,455,646 4,589,315 4,726,995 4,868,805 5,014,869 5,165,315 5,320,274 Total Operating Expenses 3,511,370 3,616,711 3,725,213 3,836,969 3,952,078 4,070,641 4,192,760 4,318,543 4,448,099 4,581,542 4,718,988 4,860,558 5,006,374 5,156,566 5,311,263 5,470,600 5,634,718 5,803,760 5,977,873 6,157,209 6,341,925 6,532,183 6,728,149 6,929,993 7,137,893 Major Maintenance Costs Major Maintenance Unit 1 (Not included in O&M expenses) Recurring Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Secondary Major Maintenance Cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Major Maintenance Costs 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service 6,437,128 6,531,865 6,628,028 6,725,640 6,824,722 6,791,346 6,893,435 6,997,062 7,102,251 7,209,024 7,317,406 7,427,422 7,539,095 7,652,451 7,767,515 7,884,314 8,002,874 8,123,220 8,245,381 8,369,384 8,495,256 8,623,027 8,752,724 8,884,377 9,018,016 Debt Service Coverage Fund Balance 1,842,531 1,897,807 1,954,741 2,013,383 2,073,785 2,135,998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Available for Debt Service with Debt Service Coverage Fund 8,279,659 8,429,672 8,582,770 8,739,024 8,898,507 8,927,344 6,893,435 6,997,062 7,102,251 7,209,024 7,317,406 7,427,422 7,539,095 7,652,451 7,767,515 7,884,314 8,002,874 8,123,220 8,245,381 8,369,384 8,495,256 8,623,027 8,752,724 8,884,377 9,018,016 Debt Service (Principal & Interest) Interest Accrual in Operation Year 1,014,096 821,684 618,544 404,078 177,654 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Principal Payments in Operation Year 3,450,944 3,643,356 3,846,496 4,060,962 4,287,386 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Unit 1 Debt Service Payments 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Principal & Interest Payments 4,465,040 4,465,040 4,465,040 4,465,040 4,465,040 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Flow net Debt Service 1,972,088 2,066,825 2,162,988 2,260,600 2,359,682 6,791,346 6,893,435 6,997,062 7,102,251 7,209,024 7,317,406 7,427,422 7,539,095 7,652,451 7,767,515 7,884,314 8,002,874 8,123,220 8,245,381 8,369,384 8,495,256 8,623,027 8,752,724 8,884,377 9,018,016 Annual Depreciation Expenses (Unit 1)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Adjusted Taxable Income 5,423,032 5,710,181 6,009,484 6,321,562 6,647,068 6,791,346 6,893,435 6,997,062 7,102,251 7,209,024 7,317,406 7,427,422 7,539,095 7,652,451 7,767,515 7,884,314 8,002,874 8,123,220 8,245,381 8,369,384 8,495,256 8,623,027 8,752,724 8,884,377 9,018,016 Unit 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Income Taxes 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 After Tax Operating Cash Flow 1,972,088 2,066,825 2,162,988 2,260,600 2,359,682 6,791,346 6,893,435 6,997,062 7,102,251 7,209,024 7,317,406 7,427,422 7,539,095 7,652,451 7,767,515 7,884,314 8,002,874 8,123,220 8,245,381 8,369,384 8,495,256 8,623,027 8,752,724 8,884,377 9,018,016 Reserve Fund Transfers Debt Reserve Fund Net Transfers 0 0 0 0 0 4,465,040 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers (12,609)(12,987)(13,377)(13,778)(14,192)(14,617)(15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (Unit 1)(12,609)(12,987)(13,377)(13,778)(14,192)4,450,423 (15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 Debt Reserve Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Working Capital Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Major Maintenance Fund Net Transfers 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Debt Service Coverage Fund Transfers 0 0 0 0 0 2,135,998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Net Reserve Fund Transfers (12,609)(12,987)(13,377)(13,778)(14,192)6,586,421 (15,056)(15,507)(15,973)(16,452)(16,945)(17,454)(17,977)(18,517)(19,072)(19,644)(20,234)(20,841)(21,466)(22,110)(22,773)(23,456)(24,160)(24,885)854,383 After Tax Cash Flow / Funds 1,959,479 2,053,838 2,149,611 2,246,822 2,345,491 13,377,767 6,878,379 6,981,555 7,086,278 7,192,572 7,300,461 7,409,968 7,521,117 7,633,934 7,748,443 7,864,670 7,982,640 8,102,379 8,223,915 8,347,274 8,472,483 8,599,570 8,728,564 8,859,492 9,872,399 Remaining Debt 19,289,143 15,838,199 12,194,843 8,348,348 4,287,386 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Present Value of After Tax Cash Flow / Funds at 1,959,479 2,053,838 2,149,611 2,246,822 2,345,491 13,377,767 6,878,379 6,981,555 7,086,278 7,192,572 7,300,461 7,409,968 7,521,117 7,633,934 7,748,443 7,864,670 7,982,640 8,102,379 8,223,915 8,347,274 8,472,483 8,599,570 8,728,564 8,859,492 9,872,399 Required Rate of Return (0.00 %) Sum Annual DSCR 1.442 1.463 1.484 1.506 1.528 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-1 Appendix C. Comprehensive Potential Hydro Project List Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-2 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 1 a 1a 1947 Document Salmon River near Hyder 5 North of Hyder 50 FPC-668 Rejected by Federal Power Commission 10-9-1926: doubtful feasibility, owing to the glacial character of the bed of Salmon River and to silt and boulder carrying capacity of the River, ability to store water in appreciable amount, economic feasibility of dam height for amount of storage. 1,119 3,593 Storage 2 a 2a 1947 Document Granite Creek near Hyder 3 North of Hyder 2 55 954; 1043 Project generation began 1-15-1929, but the transmission line failed before end of year. License was surrendered in 1933 because the corporation no longer wanted the development and power needs were being supplied elsewhere. 93 457 Run-of-River 3 a 3a 1947 Document Fish Creek near Hyder 5 North of Hyder 3 66 340 504; 580 Application No. 504 was received for project, then withdrawn in 1924. Application No. 580 was received for only the lowest of the 3 dams, but anticipated mine requirements didn't materialize and the permit expired. 447 Run-of-River 4 a 4a 1947 Document Thumb Creek near Hyder 7 North of Hyder 1,000 (estimated) 363; 511 Preliminary permit issued in 1923, but cancelled by permittee. App No. 511 rejected when applicant failed to obtain required stream flow data, Seasonal. 1,491 Run-of-River 5 a 5a 1947 Document Bonanza and Canyon Creeks near Hyder 17 By Road From Hyder 513 Permit canceled due to being less than 100 hp to allow for application for a license. No further app was pursued. 75 N/A 6 a 6a 1947 Document Soule Glacier River near Hyder 2 Northwest of Hyder 150 1,000 (estimated) 689; 383 Application No. 689 rejected pending amendment for inclusion of more detail. 7,457 13,065 Storage 6 c 6c Forest Service Soule River 2nd FERC prelim permit 09/22/2009. Draft license application and draft EA filed; comments, prelim 4(e)s must be to FERC by May 2, 2011. Roadless 530. -- -- Yes 6 d 6d HDR Soule River Hyder P13528 78,400 281,300 Storage Yes 6 w 6w Application for License Soule River 77,400 288,000 Yes 7 a 7a 1947 Document Davis River near Hyder 12 From Hyder 37.7 918 190 917 Surveys and plans prepared. License issued for initial development only. Company was sold and license was surrendered due to licensee inability to pursue construction with due diligence. 17,897 35,275 Storage 8 a 8a 1947 Document Halibut Bay Lakes near Portland Canal 50 East of Metlakatla Estimated from air photographs. N/A 9 a 9a 1947 Document Harrison Lakes near Portland Canal 50 East of Metlakatla Estimated from air photographs. N/A 10 a 10a 1947 Document Reef Point Lake near Portland Canal 50 East of Metlakatla Estimated from air photographs. N/A 11 a 11a 1947 Document Hidden Inlet Lake near Pearse Canal 50 East of Metlakatla 155 50 Forest Service 27; 509 Permit priority issued to Hidden Inlet Packing Company. Development included a diversion dam, penstock, and wood-stave pipe, 110 kVa 3-phase, 2,200 volt generator. Energy was transmitted 2 miles to a cannery. License surrendered for non-use in 1934. 2,535 16,331 Storage 12 a 12a 1947 Document Humback Lake at Mink Bay 30 East of Metlakatla 285 25 Lake and dam can be reached over an improved trail, partly submerged at high tide. 4,250 35,275 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-3 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 13 a 13a 1947 Document Marten Arm Lake near Marten Arm 50 East of Metlakatla Estimated from air photographs. 6,532 14 a 14a 1947 Document Quadra Lakes near Boca De Quadra 50 East of Metlakatla Estimated from air photographs. 15 a 15a 1947 Document Badger Bay Lake near Badger Bay 41 By Water From Ketchikan 85 56 1,790 14,371 Storage 16 a 16a 1947 Document Bakewell Arm near Smeaton Bay 42 By Water From Ketchikan 220 35 2,163 14,371 Storage 17 a 17a 1947 Document Wilson Lake near Wilson Arm 45 By Water From Ketchikan 820 100 11,185 55,525 Storage 18 a 18a 1947 Document Winstanley Creek at Behm Canal 37 From Ketchikan 142 50 2,983 23,516 Storage 19 a 19a 1947 Document Checats Upper Lake near Behm Canal 43 From Ketchikan 95 15-acre bond near conduit location, might be used for forebay with some economy if a low load factor is anticipated, otherwise, loss of head can be avoided only by the construction of a dam at the outlet of the pond. 1,864 16,331 Storage 20 a 20a 1947 Document Punchbowl Lakes at Rudyerd Bay 49 By Water From Ketchikan 35.8 153 21 and 36 547, 758, 769 Transmission line 3 miles long needed to connect both powerhouses. Preliminary Permit lapsed in 1930. Report from Forest Service in 1927 says that applicant submitted data from J.G. White Engineering showing max capacity of 10,400 horsepower. 9,321 81,654 Storage 21 a 21a 1947 Document Nooya Lake at Rudyerd Bay 52 By Water From Ketchikan 15 85 25 Blazed, but unimproved trail along right bank of the creek to a point on the short of the lake. 1,491 11,758 Storage 22 a 22a 1947 Document Granite Lakes near Behm Canal 55 By Water From Ketchikan 75 60 769 Two powerhouses. Application received and rejected in 1927. 7,159 55,525 Storage 23 a 23a 1947 Document Leduc Lake near Leduc River 50 From Ketchikan Estimated from air photographs. 24 a 24a 1947 Document Short Creek at Short Bay 60 By Water From Ketchikan 218 45 Two developments. 5,518 34,621 25 a 25a 1947 Document Shelokum Lake at Bailey Bay 52 By Water From Ketchikan 23.5 218 40 Forest Service 19 Permit withheld pending negotiations for a timber sale. Negotiations not arranged and permit expired in 1920. 5,220 31,355 Storage 26 a 26a 1947 Document Anan Lake near Bradfield Canal 30 By Water From Wrangell 250 60 157 App in 1921 proposed 60 foot dam. Executive Secretary of Commission in a letter Feb 6, 1923 received a letter objecting to the power development at Anan creek because salmon spawning grounds would be adversely affected. A letter from the Forest Service indicated that Anan Creek is one of the important salmon spawning streams in SE AK. 5,220 30,049 Storage 27 a 27a 1947 Document Tyee Lake near Bradfield Canal 40 By Water From Wrangell 178 100 157 App in 1921 proposed 100 foot damn. Expired March 1925. 16,778 146,977 Storage 27 x 27x existing Tyee Lake Wrangell 3015 20,000 120,000 Storage 28 a 28a 1947 Document White River near Bradfield Canal 40 From Wrangell 60 530 100 157 App 157 for Anan and Tyee amended to include White River. Expired March 1925. 11,931 16,984 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-4 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 29 a 29a 1947 Document Harding River near Bradfield Canal 42 From Wrangell 1100 190 61 App received Jul 18, 1921 for preliminary permit. Expired in 1925. Permittee installed a stream gage, but did not record discharge measurements. Plan of development assumed 9 to 10 k horsepower. 17,524 128,034 Storage 30 a 30a 1947 Document Tom Creek near Bradfield Canal 30 From Wrangell 209 50 61 App received in 1921 amended for Tom Creek. AKA Big-Headed Tom's Creek, Grant Creek. Expired 1925. 5,220 20,903 Storage 31 a 31a 1947 Document Marten Creek near Bradfield Canal 29 From Wrangell 24 5 Surveyed by topographers of US Geo Survey in 1922. 3,057 20,250 Run-of-River 32 a 32a 1947 Document Aaron Creek near Blake Channel 23 By Water From Wrangell 1100 50 257 Preliminary permit issued in 1922. Proposed to construct 100 ft dam. Applicant failed to establish required stream gaging and permit was canceled in 1923. Surveys have not revealed any lakes in the watershed. Valley should be carefully investigated for storage, since the present plan would principally develop seasonal power. AKA Oern's Creek. 5,593 7,839 Storage 33 a 33a 1947 Document Mill Creek near Wrangell 8 By Water From Wrangell 441 50 Forest Service 15, 153, 269, 611, 61, 1905 App 153 proposed 40 ft dam, commission denied. App 269 filed by city of Wrangell, was issued and expired 2 years later in 1922. App 611 filed and withdrawn in 1921. Withdrawal reason: "…the said streams will not furnish sufficient power to warrant the necessary expenditures for development." 3,430 18,291 Storage 34 a 34a 1947 Document Crittenden Creek near Wrangell 8 By Water From Wrangell 11 66 61 App filed in 1921, site was withdrawn in 1921. AKA 33 Mill Creek near Wrangell. 671 1,306 Run-of-River 35 a 35a 1947 Document Delta Creek near Thomas Bay 23 By Water From Petersburg 80 40 Milky appearance from glacial silt, but believe would be satisfactory for water supply for pulp mill. 6,711 22,863 Storage 36 a 36a 1947 Document Cascade Creek near Thomas Bay 22 By Water From Petersburg 21.1 256 100 275 Two options for building. One for Falls Lake and one for Swan Lake. License issued in 1926 conditional upon the applicant's securing a timber award. Timber award lapsed and license voided in 1926. Dort estimated the cost @ $54 per prime mechanical hp at 70 percent efficiency. Using 1922-23 data. 21,252 186,171 Storage 36 d 36d HDR Cascade Creek Petersburg P12495 70,000 204,600 Storage Yes 36 k 36k Proposed Judgment on Roadless Cascade Creek -- -- Yes 36 Y 36y FERC 12485 Cascade Creek 70,000 204,000 Yes 37 a 37a 1947 Document Scenery Creek near Thomas Bay 24 by Water From Petersburg 215 45 18,270 160,042 Storage 37 d 37d HDR Scenery Creek Petersburg P13365 30,000 130,000 Storage Yes 37 Z 37z FERC Preliminary Permit Scenery Creek 12621 60,000 60,000 38 a 38a 1947 Document Glory Creek near Farragut Bay 36 north of Petersburg 2 30 1035 Preliminary permit issued, but applicant mining venture was suspended and permit expired. 820 2,286 Storage 39 a 39a 1947 Document Drake Lake near Farragut Bay 25 by Water From Petersburg 10 100 373 457 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-5 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 40 a 40a 1947 Document Spruce Creek near Windham 40 east of Angoon 8 28 15 Forest Service 23, 840 Application priority 23 made to Forest Service in 1917 and permit issued. Project was constructed and power used intermittently for mine and sawmill work. Permit was canceled in 1924 when the property changed ownership. App 840 was filed in 1927 and rejected in 1929. 1,342 915 Run-of-River 41 a 41a 1947 Document Anmer Cascade near Stephens Passage 40 Northeast of Angoon & Southeast of Juneau 3 50 1,491 3,919 Storage 42 a 42a 1947 Document Sweetheart Falls Creek near Port Snettisham 42 By water From Juneau 31 328 90 246, 586, 698, 753, 797 Applications received and withdrawn. Other applications dependent upon timber awards, but applications were rejected when bids weren't presented. 12,975 113,663 Storage 43 a 43a 1947 Document Tease Lake near Port Snettisham 41 By water From Juneau 150 80 Permits issued by the Forest Service in 1914. Construction authorized in 1920, first stage was completed in 1921. Project was no longer in used after 1923. License was revoked for non-payment. Construction as it appeared in 1922 indicated that a buttress-type timber dam was built in 1922 and failed in 1925. Construction also included a timber flume, penstock, and turbines. 10,291 60,097 Storage 44 a 44a 1947 Document Speel River near Port Snettisham 42 By water From Juneau 2740 157 Preliminary application was rejected in 1924. A report was submitted in 1921 that would change the diversion dam height to 35 feet as an alternative development. 38,031 235,164 Storage 45 a 45a 1947 Document Long Lake near Port Snettisham 42 By water From Juneau 37.8 445 50 755 App 755 made by George Cameron received 1926. Contingent upon timber award and preliminary permit issued June 1927. Cameron planned to transmit power to thane via 43.6 miles of overhead and 3.9 miles across the Taku Inlet. License authorized 1930, but rescinded in 1933 when applicant failed to execute the plan. 23,490 205,768 Storage 46 a 46a 1947 Document Crater Lake near Port Snettisham 42 By water From Juneau 14.9 193 65 4, 246, 586, 698, 753, 755, 797 Various applications list varying levels of capacity and plans. 12,826 107,783 Storage 47 a 47a 1947 Document Bear Creek near Taku Harbor 24 By water From Juneau 25 10 A log and timber dam was constructed at 10 ft in 1902. Water was conveyed to a cannery and cold storage plant. The property was sold to Libbly, Mcneil & Libby, who obtained license priority No. 30 from the Forest Service in 1920. 1,417 9,798 Storage 48 a 48a 1947 Document Dorothy Lake near Taku Inlet 16 By water From Juneau 146 Application 1,038 filed in 1929. Preliminary permit was authorized and then terminated. 17,002 148,937 Storage 49 a 49a 1947 Document Turner Lake near Taku Inlet 22 By water From Juneau 440 70 Survey of Turner Lake site done by engineers of Alaska Treadwell Gold Mining Company. An incomplete application was filed in 1914, but no further action was taken. 3,952 34,621 Storage 50 a 50a 1947 Document Davidson Creek near Taku Inlet 23 By water From Juneau 20 300 60 In app for Turner Lake, it was proposed to divert the water from Davidson Creek. Mr. R.R. Rowe believes that the development of Davidson is remote. 1,790 1,110 Run-of-River 51 a 51a 1947 Document Yehring Lake near Taku Inlet 40 By water From Juneau 160 10,813 39,194 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-6 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 52 a 52a 1947 Document Boundary Creek near Taku River 47 By water From Juneau 250 45 Informal application proposing to develop site for mining purposes received in 1926. Reconnaissance was obtained by the Forest Service. 6,711 13,065 Storage 53 a 53a 1947 Document Annex Creek near Taku Inlet 21 By water From Juneau 63.2 Framed, timber-buttress dam was re-constructed in 1936. Transmission line carries energy 15 miles via Thane to interconnect with a 23 kV station owned by Gold Mining Company. Total installed cap is 5,075 hp. Estimated that 5 percent is sold to AELP from Juneau. Remaining load used by the mining company. 3,378 28,350 Storage 53 x 53x existing Annex Creek Juneau 3,600 26,000 Run-of-River 54 a 54a 1947 Document Carlson Creek near Taku Inlet 20 By water From Juneau 319 Application was received and preliminary permit issued in 1914, but development was not carried out and the permit expired. It's estimated that 2 miles of transmission line from the Annex powerhouse would have to relocated if this project is developed. 9,321 56,178 Storage 55 a 55a 1947 Document Rhine Creek near Juneau 10.3 By water From Juneau 5.7 45 Preliminary permit issued in 1915. Development was never undertaken. 1,193 2,090 Run-of-River 56 a 56a 1947 Document Grindstong Creek near Juneau 10 By water From Juneau 4.64 36.3 Application received in 1915 746 1,306 Run-of-River 57 a 57a 1947 Document Sheep Creek near Thane 4.1 From Juneau 5.5 48 180 Several surveys have been done with varying results. There is an existing development that consists of a low diversion dam and an installed capacity of 4,100 hp, average 2,090 hp, and primary 425 hp. 2,386 20,903 Storage 58 a 58a 1947 Document Gold Creek at Juneau 0 From Juneau 105 A penstock carrie water to a powerhouse located in Juneau where there are 2, 600 hp hydro units. 3,728 2,744 Run-of-River 58 x 58x existing Gold Creek Juneau 1,600 4,500 Run-of-River 59 a 59a 1947 Document Salmon Creek near Juneau 0 From Juneau 55 170 There are 3 developments at the site. The dam was constructed in 1915 by Alaks Gastineau Mining Company. Permit was jointly issued with Annex Creek. Ownership was passed to Juneau Gold Mining Company in 1934. 5,369 36,124 Storage 59 x 59x existing Salmon Creek Juneau 10300 10,300 29,500 Storage 60 a 60a 1947 Document Lemon Creek near Juneau 6 From Juneau 300 200 There would be 2 developments. A application with the forest service was authorized in 1913. The company developed some power via small diversion dam, but the project was abandoned shortly thereafter. 9,321 23,516 Storage 61 a 61a 1947 Document Nugget Creek near Juneau 14.5 From Juneau 163 120 A permit was issued by the forest service in 1916. Two units were constructed, but only a 23 foot timber dam was constructed. 5,593 23,516 Storage 62 a 62a 1947 Document Peterson Lake near Juneau 10 From Juneau 65 30 Lake may be reached by a 3.5 mile trail from the Glacier Hwy. 2,834 15,678 Storage 63 a 63a 1947 Document Cowee Creek near Berners Bay 50 From Juneau 7 80 Application was received, but not completed. 2,237 1,960 Run-of-River 64 a 64a 1947 Document Davies Creek near Berners Bay 50 From Juneau 15 180 Application received in 1915. Preliminary permit issued and canceled in 1917. 3,356 22,210 Storage 65 a 65a 1947 Document Sawmill Creek near Berners Bay 50 From Juneau 65 Notice of appropriation was posted at the waterfall, but application was never filed. Possible to take initial development near the falls for furnishing power during construction. 1,417 6,532 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-7 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 66 a 66a 1947 Document Antler Lake near Berners Bay 50 From Juneau 46 6,189 54,218 Storage 67 a 67a 1947 Document Sherman Creek near Comet 25 South of Haines 5.5 31 Application was filed with the forest service in 1916. Preliminary permit was issued in 1917 and expired 1918. 820 1,306 Run-of-River 68 a 68a 1947 Document Dewey Creek near Skagway 5 Northwest of Skagway 29 2 hydroelectric units existed before 1940. License number 1,051 was issued in 1930 for Skagway Public Service Company. 447 1,045 Storage 68 x 68x Existing Dewey Lakes Skagway 1051 940 3,400 Run-of-River 69 a 69a 1947 Document Skagway River near Skagway 6 Northwest of Skagway 9 200 50 353 Application received in 1922. Preliminary permit was issued in 1923. License was surrendered in 1944. 1,715 9,341 Storage 70 a 70a 1947 Document Endicott River near Lynn Canal 20 South of Haines 60 investigating company concluded that the 3 projects were feasible, but required a 63 mile transmission line to reach the mines. Application was never filed, but survey was made publicly available. 17,151 84,920 Storage 71 a 71a 1947 Document Beardslee Creek near Lynn Canal 30 Northeast of Gustavus 37 35 63 AKA Beardslee River. License was issued in 1922 and site was developed for sending power to a mining company. The mines were abandoned, corporation dissolved, and license terminated in 1929. 1,268 8,165 Storage 72 a 72a 1947 Document Waterfall Lake near Waterfall Bay 20 Southwest of Hydaburg 40 1,342 11,758 Storage 73 a 73a 1947 Document Sukkwan Lake near Kasook Inlet 2 Southeast of Hydaburg 80 40 2,013 10,452 Storage 74 a 74a 1947 Document Karheen Lake near Karheen Passage 20 Southeast of Edna Bay 56 20 209 719 Storage 75 a 75a 1947 Document Shipley Lake near Shipley Bay 15 Between Whale Pass and Edna Bay 68 45 1,044 9,145 Storage 76 a 76a 1947 Document Klakas Lake near Klakas Inlet 25 Southeast of Hydaburg 130 50 3,579 31,355 Storage 77 a 77a 1947 Document Hetta Lake near Hetta Inlet 15 East of Hydaburg 90 70 522 3,919 Storage 78 a 78a 1947 Document Reynolds Creek at Copper Harbor 15 East of Hydaburg 382 39 132, 186, 664 App 664 was to be used for mining, but operations were suspended and the permit expired in 1928. Alaskan Copper company used power from Reynolds Creek without a permit from 1905 to 1908 by diverting a part of the stream into a 22-inch pipe. 6,189 54,218 Storage 78 c 78c Forest Service Reynolds Creek Prince of Wales Island Project is on private land and is not expected to affect NFS resources. -- -- Not Required 78 d 78d HDR Reynolds Creek Prince of Wales Island 11480 5,000 15,100 Storage Yes 78 f 78f Preliminary Appraisal Report Hydroelectric Potential, Retherford, 1977 Reynolds Creek 20 -- 2,100 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-8 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 78 aa 78aa Order Issuing Original License Reynolds Creek 11480 5,000 6,380 Yes Yes 78 q 78q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Reynolds Creek Hydaburg 2003 estimate of 9.4 million. 5000 1,880 79 a 79a 1947 Document Jumbo Creek near Copper Harbor 15 East of Hydaburg Some development was constructed. Incomplete application was received in 1928. Reported that the generator was burned out in 1929 and property was inactive. 373 653 Storage 80 a 80a 1947 Document Beaver Creek at Sulzer Passage 15 Northeast of Hydaburg 12 100 Application was received in 1905. Plant was active until 1921, and permit was canceled in 1926 for non-use. 746 1,306 Run-of-River 81 a 81a 1947 Document Klawak Lake at Klawak 2 East of Klawock 30 170 9 261 1,960 Storage 82 a 82a 1947 Document Neck Island Lake near Whale Passage 1 Southeast of Whale Pass 170 55 2,013 17,637 Storage 83 a 83a 1947 Document Linkum Creek at Kasaan 0 Kasaan 1 9 7 1082 App was received and issued in 1930. Two wheels were installed. Power was used for cannery. 75 131 Run-of-River 84 a 84a 1947 Document Goodro Lake near Kasaan 10 Northwest of Kasaan 5.4 9 App issued by forest service in 1917. Power used for mining and permit was termination in 1925 when the owner sold the mining property. 60 327 Storage 85 a 85a 1947 Document Karta River near Kasaan 8 West of Kasaan 117 444 43 243, 896 Application received and withdrawn in 1922. Another app filed in 1928, but was rejected. Applicant had opportunity to appeal objections, but didn't. Assumed 9 months of seasonal operation due to salmon spawning. 2,088 10,452 Storage 86 a 86a 1947 Document Harris River near Kasaan 3 Southeast of Hollis 40 260 7 812 Application fined in 1927 for minor part license. Issued in 1927. Mining operations suspended in 1929, and license surrendered in 1936. There is some existing development. 298 392 Storage 87 a 87a 1947 Document Marys Lake near Polk Inlet 10 Southeast of Hollis and South of Kasaan 35 240 30 1,864 11,758 Storage 88 a 88a 1947 Document Clover Creek at Clover Bay 25 West of Ketchikan and South of Kasaan 115 5,966 33,968 Storage 89 a 89a 1947 Document Chomly Creek at Cholmondeley Sound 30 Between Ketchikan, Kasaan, Hydaburg, Hollis 2 15 783 License issued in 1927. License surrendered in 1941 because "buildings have been torn down and power plant disposed of." 45 196 Storage 90 a 90a 1947 Document Tunnel Creek near Dolomi Harbor 20 West of Metlakatla 40 1,286 Operation of project intermittent. Entire plant was replaced in 1935 and includes 500 hp, 74-inch pelton wheel and drives 350 kW generator. 522 1,372 Storage 91 a 91a 1947 Document Aiken Lake near Moira Sound 25 West of Metlakatla 9 20 597 5,226 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-9 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 92 a 92a 1947 Document Collinson Creek near Moira Sound 25 West of Metlakatla 0.8 5 8 876 Licensed issued in 1928. Fire destroyed the cannery in 1929, and license was surrendered in 1932. 75 131 Storage 93 a 93a 1947 Document Myrtle Creek near Niblack Anchorage 25 West of Metlakatla 76 21 Multi-phase project w/2 damns and 3 stations. Permit issues in 1917. Gaging station installed, but permit expired in 1918. 2,364 20,707 Storage 94 a 94a 1947 Document Kegan Creek at Moira Sound 25 West of Metlakatla 40 2,983 19,597 Storage 95 a 95a 1947 Document Kugel Lake near Dickman Bay 35 West of Metlakatla 95 40 3,430 24,823 Storage 96 a 96a 1947 Document Waterfall Creek near Metlakatla 1 Southeast of Metlakatla 21 50 Small dam was constructed at outlet of Chester Lake. Installed cap was 230 hp turbine to a 187 kVa generator. 1,193 10,452 Storage 97 a 97a 1947 Document Melanson Lake near Metlakatla 2 Southeast of Metlakatla 18 30 298 2,613 Storage 98 a 98a 1947 Document Trout Lake near Metlakatla 2.3 Northeast of Metlakatla 100 20 485 3,266 Storage 99 a 99a 1947 Document Nadzaheen Lake near Revillagigedo Channel 10 Between Ketchikan and Metlakatla 60 40 746 5,552 Storage 100 a 100a 1947 Document Hassler Lake near Revillagigedo Channel 9 Northeast of Metlakatla 50 30 1,491 13,065 Storage 101 a 101a 1947 Document Purple Lake near Tamgas Harbor 5 East of Metlakatla 70 Not required 1,491 13,065 Storage 101 x 101x existing Purple Lake Metlakatla 3,600 14,639 Storage 102 a 102a 1947 Document Tamgas Lake near Felice Strait 7 South of Metlakatla 75 20 373 2,613 Storage 103 a 103a 1947 Document Cascade Creek near Wacker 6 Northwest of Ketchikan 10 10 821 Application filed in 1927, to generate 30 kW. Licensed in 1928 and terminated in 1932 due to failure to begin construction. 149 196 Storage 104 a 104a 1947 Document Mahoney Creek near George Inlet 10 Northeast of Ketchikan and Saxman 123 9 420, 758, 769, 1245 2 dam system. Various applications issued and expired from 1927 through 1933 due to failure to perform action or acquire necessary timber contracts required by forest service. 5,444 42,460 Storage 104 c 104c Forest Service Mahoney Lake 8 Northeast of Ketchikan and Saxman Licensed, unconstructed. Stay of license since 2004. Project is on private land but planned access road might be on NF. -- -- Yes 104 d 104d HDR Mahoney Lake Ketchikan 11393 9,600 41,700 Storage Yes 104 bb 104bb Order Issuing Original License Mahoney Lake 11393 9,600 46,000 Yes Yes Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-10 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 104 Q 104q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Mahoney Lake Ketchikan 105 a 105a 1947 Document Beaver Falls Creek near George Inlet 10 Northeast of Ketchikan and Saxman 85 136, 206, 758, 769, 1,245, 1,922 Initial development consisted of a tunnel, 3 ft diversion dam, transmission line to existing power plant. 5,667 48,339 Storage 105 x 105x existing Beaver Falls Ketchikan 1922 5,400 42,200 Storage 106 a 106a 1947 Document Lake Whitman near Ketchikan 3 Northeast of Saxman 18 26 90 1,138 License issued in 1932. original plant had timber crib dam 20 ft. Replaced w/reinforced concrete dam 35 ft high. Two units of 1,100 hp each. Interconn w/City of Ketchikan Electric System. 2,312 18,617 Storage 106 c 106c Forest Service Whitman Lake 2 Northeast of Saxman Project was licensed in May 2009. Construction funding still pending. Roadless 524. -- -- Yes 106 d 106d HDR Whitman Lake Ketchikan 11841 4,600 16,000 Storage Yes 106 k 106k Proposed Judgment on Roadless Whitman Lake -- -- Yes 106 cc 106cc Order Issuing Original License Whitman Lake 11841 4,600 -- Yes Storage Yes 106 o 106o AEA Renewable Energy Fund Applications/Rankings Whitman Lake 3 North of Ketchikan AEA recommends partial funding in the amount of $700,000 for final design and notes that final decision of funding will be based on the SE IRP. 4,600 Yes Storage 106 q 106q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Whitman Lake Ketchikan 107 a 107a 1947 Document Ketchikan Creek near Ketchikan 0 North of Ketchikan 153 22 420 There have been eight stages of development for the 3 dams and 4 units. Application 420 was filed in 1923, amended several times and was purchased by the city of Ketchikan in 1935. 2,349 13,065 Storage 108 a 108a 1947 Document Walsh Creek near Wacker 6 Northwest of Ketchikan 4 19 1,222 There's an existing rock dam. Application 1,222 proposed to replace the dam. License issued in 1933 and transferred in 1942 to a packing company. 30 65 Storage 109 a 109a 1947 Document Lake Perseverance near Wacker 10 North of Ketchikan 37.4 35 724, 420, 1135 Four possible plans for the project. Permit issued in 1931 to develop the area based on obtaining the combined energy from Perseverance and Ketchikan Lakes. Application was withdrawn. 1,342 11,758 Storage 110 a 110a 1947 Document Naha River near Naha Bay 30 North of Ketchikan 255 40 3,505 26,129 Storage 111 a 111a 1947 Document Orchard Lake Near Shrimp Bay 35 East of Meyers Chuck 573 60 60, 93, 94, 758, 769 Early permits were withdrawn/rejected/denied for various reasons including failure to obtain timber awards, failure to begin construction in time. 6,711 52,912 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-11 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 112 a 112a 1947 Document Claude Lake near Behm Canal 50 East of Meyers Chuck 70 40 2,535 20,903 Storage 113 a 113a 1947 Document Lake Grace near Behm Canal 50 Northeast of Ketchikan and Saxman 398 70 758, 769 Application 769 was rejected. Application 758 resulted in preliminary permit, but expired in 1926. 11,484 99,945 Storage 114 a 114a 1947 Document Manzanita and Ella Creeks near Manzanta Bay 50 Northeast of Ketchikan and Saxman 953 547, 758, 769 Applications were rejected/denied. 19,783 167,162 Storage 115 a 115a 1947 Document Gokchan River near Thorne Arm 25 East of Ketchikan 130 31 A mining company developed some of the area to provide power to a mill. The developments are unlicensed since they were located on valid mining claims. 2,908 23,516 Storage 116 a 116a 1947 Document Fish Creek near Thorne Arm 25 East of Ketchikan 116 60 140, 758, 759 Applications were denied, canceled, and rejected for various reasons. 2,312 18,944 Storage 117 a 117a 1947 Document Swan Lake near Carroll Inlet 35 North of Ketchikan 440 83 50, 60, 140, 547, 758, 769, 1246 Applications were denied, canceled, and rejected for various reasons. 8,650 71,856 Storage 117 q 117q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Swan Lake Petersburg 117 x 117x existing Swan Lake Ketchikan 2911 22,000 75,700 Storage 118 a 118a 1947 Document McHenry Lake near McHenry Inlet 30 East of Coffman Cove 160 50 61 Application filed in 1921, but was withdrawn. 3,207 19,597 Storage 119 a 119a 1947 Document Navy Lake near Burnett Inlet 30 East of Coffman Cove 85 1,193 7,839 Storage 120 a 120a 1947 Document Burnett Lake near Burnett Inlet 30 East of Coffman Cove 80 1,193 7,839 Storage 121 a 121a 1947 Document Kunk Lake near Zimovia Strait 20 South of Wrangell 86 Two phase project. 3,579 31,355 Storage 122 a 122a 1947 Document Olive Lake near Zimovia Strait 20 South of Wrangell 65 30 2,461 13,718 Storage 123 a 123a 1947 Document Menefee Lake near Menefee Inlet 35 Between Wrangell, Coffman Cove, Meyers Chuck 42 2,088 18,291 Storage 124 a 124a 1947 Document Thoms Lake near Zimovia Strait 15 South of Wrangell 160 20 2,685 16,331 Storage 125 a 125a 1947 Document Crystal Lake near Petersburg 20 South of Petersburg 14 8.5 201 License issued in 1924. Went into operation in 1925 for Town of Petersburg. Amendment proposed in 1945 to make several changes. 1,044 7,055 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-12 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 126 a 126a 1947 Document Point Sullivan Lake near Bay of Pillars 50 North of Juneau 10 1,119 9,798 Storage 127 a 127a 1947 Document Goemere Creek at Washington Bay 40 Southwest of Kake 1.5 11 6 1357 License issued 1937. There was some development at the site for a packing company. 75 196 Storage 128 a 128a 1947 Document Ledge Lake near Saginaw Bay 12 West of Kake 35 20 410 3,266 Storage 129 a 129a 1947 Document Gunnock Creek at Kake 2 South of Kake 10 90 10 Sanborn Cutting Company applied for a permit in 1920. Canceled in 1926 when the property was sold. License has been transferred 3 times since. Last was effective in 1940. There is a development at the site with a diversion dam. 298 451 Storage 130 a 130a 1947 Document Andean Lake near Little Branch Bay 7 North of Port Alexander 24 1,790 15,678 Storage 131 a 131a 1947 Document Baturin Lake near Big Branch Bay 12 North of Port Alexander 50 2,237 19,597 Storage 132 a 132a 1947 Document Tumakof Lake near Redfish Bay 10 North of Port Alexander 45 60 410 3,593 Storage 133 a 133a 1947 Document Snipe Lake near Snipe Bay 10 North of Port Alexander 23 30 522 3,593 Storage 134 a 134a 1947 Document Kekur Lake near Sandy Bay 20 North of Port Alexander 25 559 4,899 Storage 135 a 135a 1947 Document Maksoutof River near Sandy Bay 20 North of Port Alexander 400 70 It’s a 2 part project. There is an unpublished report describing the proposed system based on a recon study and photographs. 18,642 163,308 Storage 136 a 136a 1947 Document Banks Lake near Port Banks 20 North of Port Alexander 55 15 373 2,286 Storage 137 a 137a 1947 Document Lake Plotnikf near Port Banks 20 North of Port Alexander 250 4,474 32,662 Storage 138 a 138a 1947 Document Lake Avoss near Great Arm 25 Between Sitka and Port Alexander 50 2,237 19,597 Storage 139 a 139a 1947 Document Benzeman Lake at Necker Bay 15 South of Sitka 400 30 High and low developments. Any developments must consider the habits of fish that use the lake for spawning. 2,237 19,597 Storage 140 a 140a 1947 Document Lake Ekaterina near Shamrock Bay 15 South of Sitka 160 30 Air photographs indicate the terrain would make transmission line construction difficult. 895 7,839 Storage 141 a 141a 1947 Document Redoubt Lake near Goddard 10 South of Sitka 400 12 Turbine designed to operate on this range of head would have low efficiencies at the extremes of head. Would probably be necessary to install auxiliary power to meet the peak demand at high tide. 447 3,266 Storage 142 a 142a 1947 Document Green Lake near Silver Bay 10 Southeast of Sitka 293 160 244 Application received in 1921. Proposed development of 3 sites. 4,474 19,597 Storage 142 x 142x existing Green Lake Sitka 2818 18,600 60,000 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-13 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 143 a 143a 1947 Document Medvejia Lake near Silver Bay 10 Southeast of Sitka 60 30 In low water years the storage capacity of the lake might not be completed filled. 820 6,206 Storage 143 q 143q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Medvejie Lake Sitka 144 a 144a 1947 Document Medvetcha River near Sitka 5 East of Sitka 486 160 408 App received in 1923 and issued in 1924. First development constructed in 1913, but destroyed the diversion dam in 1936. 2 Units installed at the power house. Second was installed in 1937. 10,067 68,589 Storage 145 a 145a 1947 Document Indian River at Sitka 20 West of Angoon 15 150 There is a unit installed consisting of a 120 hp turbine. 224 196 Run-of-River 145 d 145d HDR Indian River at Sitka Sitka 100 -- Run-of-River Yes 146 a 146a 1947 Document Lake Eva near Hanus Bay 20 West of Angoon 20 150 298 457 Storage 147 a 147a 1947 Document Hidden Falls Falkes near Kasnyku Bay 25 Northeast of Sitka 80 833, 1502 Two part project. Application issued in 1940. Application mentions that no electricity is currently generated, but the water wheels are connected directly to sawmill machinery by belts. 2,759 24,170 Storage 148 a 148a 1947 Document Kasnyku Lake near Waterfall Cove 25 Northeast of Sitka 65 20 2,237 19,597 Storage 149 a 149a 1947 Document Takatz Lake near Takatz Bay 25 Northeast of Sitka 165 75 11,185 97,985 Storage 149 C 149c Forest Service Takatz Lake Sitka FERC prelim permit on 09/19/2008. Semi-remote recreation, roadless 330, 331. -- -- Yes 149 d 149d HDR Takatz Lake Sitka P13234 27,700 106,900 Storage Yes 149 k 149k Proposed Judgment on Roadless Takatz Lake -- -- Yes 149 Dd 149dd AEA Application for Renewable Energy Grant Takatz Lake 20 East of Sitka 166 27,600 106,900 Yes 149 o 149o AEA Renewable Energy Fund Applications/Rankings Takatz Lake Sitka 200 AEA does not recommend any funding for the feasibility study of this project. The project was awarded approximately $1.2 million in funds during round 1, and the round 4 document is requesting an additional $2 million. AEA notes that this project would follow other, less expensive alternatives for power. AEA noted the existing grant would be amended to be increased to $2 million since there were funds remaining from Round 1. 13,800 106900 Yes Storage 149 q 149q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Takatz Lake Sitka 150 a 150a 1947 Document Waxman Lakes near Baranof 20 East of Sitka 35 Information application made in 1926, but not followed by a formal app. 895 5,226 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-14 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 151 a 151a 1947 Document Baranof Lake at Baranof 20 East of Sitka 430 60 244, 1189, 1165 Application made and withdrawn in 1921. App 1189 issued in 1932 to Martin Olsen, but dismissed due to death. App 1165 renewed in 1845. Water was diverted from River and power wheel used to drive a 3 kW generator to light a residence and mink pens. 4,474 24,823 Storage 152 a 152a 1947 Document Carbon Lake near Cascade Bay 15 East of Sitka 463 244 Four dam system. Application received for 3 dams. Application was withdrawn. 6,711 36,581 Storage 153 a 153a 1947 Document Four Falls Lake near Cascade Bay 20 East of Sitka 23 1,864 16,331 Storage 154 a 154a 1947 Document Milk Lake near Nelson Bay 140 50 3,728 21,557 Storage 155 a 155a 1947 Document Nelson Lakes at Nelson Bay 20 East of Sitka 85 2,237 17,637 Storage 156 a 156a 1947 Document Deep Lake at Red Bluff Bay 30 Southeast of Sitka 50 40 793 Application received in 1927. AKA red bluff creek. Issued in 1927. The plant was destroyed by fire in 1937. 820 4,573 Storage 157 a 157a 1947 Document Waterfall Lake at Red Bluff Bay 30 Southeast of Sitka 33 40 1,342 9,145 Storage 158 a 158a 1947 Document Barry Lake near Patterson Bay 25 North of Port Alexander 125 2,983 14,371 Storage 159 a 159a 1947 Document Brentwood Lakes near Patterson Bay 25 North of Port Alexander 135 30 5,444 45,726 Storage 160 a 160a 1947 Document Blanchard Lake near Patterson Bay 25 North of Port Alexander 65 1,566 7,839 Storage 161 a 161a 1947 Document Finger Lake near Patterson Bay 25 North of Port Alexander 28 1,342 11,758 Storage 162 a 162a 1947 Document Fiddle Lake near Patterson Bay 25 North of Port Alexander 22 25 671 3,266 Storage 163 a 163a 1947 Document Banner Lakes near Patterson Bay 25 North of Port Alexander 70 20 895 5,879 Storage 164 a 164a 1947 Document Cliff Lake near Deep Cove 20 North of Port Alexander 110 20 1023 App issued in 1929 and surrendered in 1943. There is a temporary dam with machinery and water wheels at the plant. 895 4,899 Storage 165 a 165a 1947 Document Deer Lake near Mist Cove 20 North of Port Alexander 150 40 3,803 33,315 Storage 166 a 166a 1947 Document Maga Lake near Mist Cove 20 North of Port Alexander 35 10 350 1,437 Storage 167 a 167a 1947 Document Rositlaf Lakes near Chatham Strait 15 North of Port Alexander 80 20 A rock slide at the outlet of the lake would present some difficulties during construction. 2,983 26,129 Storage 168 a 168a 1947 Document Nakvassin Lakes near Port Herbert 10 North of Port Alexander 70 66 820 6,859 Storage 169 a 169a 1947 Document Lake Osprey near Port Walter 10 North of Port Alexander 54 1232 License issued in 1933 and surrendered in 1943. Log dam built in 1919 was 7.5 feet high and 45 feet long. 895 6,990 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-15 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 170 a 170a 1947 Document Lake Borodino near Big Port Walter 10 North of Port Alexander 72 5 377 License issues in 1923 and transferred to Port Walter Herring and Packing Co. Project diverts water from the largest branch of the cascade into a flume 76 ft long. 1,969 17,245 Storage 171 a 171a 1947 Document Sashin Lake near Little Port Walter 10 North of Port Alexander 18 15 1,641 5,879 Storage 172 a 172a 1947 Document Lucy Lake near Port Lucy 7 North of Port Alexander 36 20 1,119 7,839 Storage 173 a 173a 1947 Document Scheckley Lakes near Port Armstrong 5 North of Port Alexander 26 15 576, 1526 License issued in 1938. An original dam and diversion dam were constructed. Two wheels drive 2 generators of 14 and 11 kW. 1,790 14,371 Storage 174 a 174a 1947 Document Conclusion Creek near Port Conclusion 2 West of Port Alexander 5 25 1162 License issued for a cannery in 1931. Machinery has been removed and the plant not operated since 1938. 298 653 Storage 175 a 175a 1947 Document Lake Surprise near Kalinin Bay 10 Southwest of Angoon 17 20 447 3,266 Storage 176 a 176a 1947 Document Rust Lake near Chichagof 20 South of Pelican 85 3 951 Permit was issued in 1915. Power was used mostly for mining. Chichagof Power Company received a license in 1930 to take over the existing development. Description says there is a dam 3 ft high and two powerhouses. 2,983 25,476 Storage 177 a 177a 1947 Document Didrickson Lakes near Didrickson Bay 12 South of Pelican 180 36 212 Permit was issued in 1922 and expired in 1925 without any development. 1,193 8,492 Storage 178 a 178a 1947 Document Goulding Lakes near Goulding Harbor 12 South of Pelican 340 26 3 dam project. 4,176 33,315 Storage 179 a 179a 1947 Document Falls Creek near Davison Bay 10 South of Pelican 32 35 Prelim permit issued in 1918 and expired in 1919. 634 5,226 Storage 180 a 180a 1947 Document Porcupine Creek near Porcupine Harbor 10 Southwest of Pelican 128 30 2 dam project. Refer to Falls Creek project for application information. 3,878 33,968 Storage 181 a 181a 1947 Document Cann Creek near Lisianski Inlet 1 West of Pelican 30 25 129, 213 3 phase project. License issued in 1922. Report indicates a small diversion dam and two powerhouses were constructed. 1,491 6,532 Storage 182 a 182a 1947 Document Margret Creek near Port Althrop 5 South of Elfin Cove 5 45 794 License issued in 1927. Transferred in 1934 and surrendered in 1942. There is a concrete dam to divert the primary flow to a flume and ending at the cannery. 373 523 Storage 182 s 182s Crooked Creek and Jim's Creek Feasibility Study 2011 Margret Creek across Port Althrop 6.4 South of Elfin Cove Regional reconnaissance study completed for U.S. Army Corps of Engineers by CH2M Hill in October 1979. 310 Run-of-River 183 a 183a 1947 Document Gart-hee-ne Creek near Hoonah 2 East of Hoonah 12 90 No record of application. But It is believed the town of Hoonah applied in 1947. The plan has 100 hp turbine 60 kW generator. Dam was construction and machinery purchased, but installation not completed. Transmission line has not been construction. 298 392 Storage 184 a 184a 1947 Document Steve Kane Creek at Hoonah 1 North of Hoonah 1 6 1382 License issued in 1937. License transferred in 1938. A fire in 1944 destroyed the village of Hoonah and the residence and the building housing the generator at the plant. 30 65 Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-16 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 185 a 185a 1947 Document Shotter Creek at Hoonah 10 East of Hoonah 1 6 The project is located on privately owned land. 30 65 Run-of-River 186 a 186a 1947 Document Pavlof Lake at Freshwater Bay 10 Northeast of Tenakee Springs 23 170 8 241 Project constructed in 1915 and license was canceled in 1923. 261 327 Storage 187 a 187a 1947 Document Harley Creek near Tenakee 5 East of Tenakee Springs 4 30 831 License issued in 1927. Dam acts as a forebay. Power drives plant machinery and a 10 kW generator. 224 327 Storage 188 a 188a 1947 Document Kook Lake near Basket Bay 15 Southeast of Tenakee Springs 130 20 Development must consider migratory fish for spawning purposes. 746 4,573 Storage 189 a 189a 1947 Document Shitok Lake near Chatham 20 West of Angoon 85 Development must consider migratory fish for spawning purposes. 1,044 8,492 Storage 190 a 190a 1947 Document Suloia Lake near Suloia Bay 30 North of Sitka 100 10 Prelim permit issued and terminated in 1916. 1,417 11,758 Storage 191 a 191a 1947 Document North Arm Creek near Hood Bay 15 Southeast of Angoon 22 In 1934 a small dam was constructed along with a wheel developing 5 hp to drive a 2.5 kW generator. 336 1,960 Storage 192 a 192a 1947 Document Dahl Creek near Hood Bay 10 Southeast of Angoon 0.7 5 1315 Development constructed in 1920, license issued in 1935. Project not used in 1936. 15 -- Storage 193 a 193a 1947 Document Hasselborg River near Mitchell Bay 15 Northeast of Angoon 700 63 There are 3 separate possible plans. 12,528 104,517 Storage 194 a 194a 1947 Document Crescent Lake near Mitchell Bay 10 Northeast of Angoon 170 2,461 16,331 Run-of-River 195 a 195a 1947 Document Thayer Lake near Chatham Strait 15 North of Angoon 420 8,948 73,815 Storage 196 a 196a 1947 Document Lake Florence near Chatham Strait 25 East of Tenakee Springs 310 30 2,237 14,698 Storage 197 a 197a 1947 Document Lake Kathleen near Chatham Strait 25 East of Tenakee Springs 235 20 6,488 52,259 Storage 198 a 198a 1947 Document Eliza Lake near Eliza Harbor 35 South of Angoon 55 20 1,044 7,186 Storage 199 a 199a 1947 Document Treadwell Ditch near Douglas 4 West of Juneau 80 License for project was not required. There are 2 powerhouses. 4,474 4,573 Run-of-River 200 a 200a 1947 Document Pelican Cove Creek 25 South of Juneau 150 22 1521 Permit issued in 1939. There is a 700 hp turbine wheel connected to a 300v generator. 447 3,919 201 b 201b Bradfield AK-BC Craig River Complex 30 East of Wrangell 300 3 phase project. 18,000 -- Storage 202 b 202b Bradfield AK-BC North Fork Bradfield Complex 30 East of Wrangell 400 4 phase project. 24,000 -- Run-of-River 203 b 203b Bradfield AK-BC East Fork Bradfield Complex 45 East of Wrangell 525 4 phase project. 23,000 -- Run-of-River 204 b 204b Bradfield AK-BC Jekill River (British Columbia) 100 East of Wrangell 800 Located in BC, likely closer to the BC grid than the Alaska grid. 20,000 -- Run-of-River 205 b 205b Bradfield AK-BC Etolin-Zimovia Complex 30 South of Wrangell 180 10 phase project. Mostly lake tap storage (7 phases), but some tidal hydrokinetic (3 phases). 26,000 -- Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-17 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 206 b 206b Bradfield AK-BC Eastern Passage Complex 25 Southeast of Wrangell 960 3 phase project. 2 phases lake-tap storage, 1 phase tidal hydrokinetic. 16,000 -- Storage 207 b 207b Bradfield AK-BC Fools Inlet Complex 30 Southeast of Wrangell 50 3 phase project. All lake-tap storage. 9,000 -- Storage 208 b 208b Bradfield AK-BC Blake-Marten Complex 30 Southeast of Wrangell 82 6 phase project. 4 lake-tap storage, 1 run of River, 1 tidal hydrokinetic. 20,000 -- Storage 209 b 209b Bradfield AK-BC Anan-Hoya Complex 35 Southeast of Wrangell 200 Lake-tap storage. 19,000 -- Storage 210 c 210c Forest Service Schubee Lake Upper Lynn Canal FERC issued prelim permit 11/30/2010. AP&T seeking funding from AEA. Roadless #302. - -- Yes 210 d 210d HDR Schubee Lake Haines - -- Storage 210 k 210k Proposed Judgment on Roadless Schubee Lake - -- Yes 210 l 210l Bob Grimm AP&T Schubee Lake Funded in Round IV of AEA Renewable Energy Fund. 210 o 210o AEA Renewable Energy Fund Applications/Rankings Schubee Lake Upper Lynn Canal This project is presented as an alternative to Connelly Lake. AEA has given partial funding in the amount of $80,000 for conceptual design and feasibility work. 6,000 Yes Storage 210 t 210t FERC Preliminary Permit List Schnubee Lake P13645 4,900 Yes 211 c 211c Forest Service Lace River 50 South of Skagway FERC issued prelim permit 09/15/2010, roadless 301. -- -- Yes 211 d 211d HDR Lace - Lake 3160 25 Southeast of Haines Would serve Kensington Mine. FERC has not issued a preliminary permit. 4,990 40,100 Storage 212 c 212c Forest Service Gastineau Channel Tidal Juneau-SE Intertie FERC prelim permit 04/30/2010. Will probably not affect NFS lands/resources. -- -- Yes 213 c 213c Forest Service Sweetheart Lake Juneau-SE Intertie Applicant is developing study plans and Scoping Doc 1, roadless 302. -- -- 213 d 213d HDR Sweetheart Lake Juneau P13563 30,000 136,000 Storage Yes 214 c 214c Forest Service Angoon Hydro/Thayer Angoon NEPA completed., non-FERC project, wilderness. -- -- Not Required 215 c 215c Forest Service Killisnoo/Angoon Tidal Angoon FERC prelim permit app 08/2010. Will probably not affect NFS lands/resources. -- -- 216 c 216c Forest Service Icy Passage Tidal Hoonah FERC prelim permit 04/30/2010. Will probably not affect NFS lands/resources. -- -- Yes 217 c 217c Forest Service Gartina Creek 5 South of Hoonah FERC ruled that licensing is required. Project improvements on Sealaska land. Upper reaches of watershed on NFS lands. -- -- Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-18 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 217 q 217q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Gartina Creek Hoonah 2003 estimate of 3.75 million. 600 6,250 218 c 218c Forest Service Port Frederick Tidal Hoonah Is a hydroelectric project, rather than hydrokinetic. FERC prelim permit 11/18/2009. Old-growth habitat, roadless 343. -- -- Yes 219 c 219c Forest Service Neka Geothermal Site nomination rec’d 8/30/2010. FS working with BLM. TNF minerals group has the lead, non-FERC. -- -- 220 c 220c Forest Service Upper Tenakee Geothermal No recent activity. TNF minerals group has the lead, non-FERC, roadless 311. -- -- 221 c 221c Forest Service Tenakee Springs/Indian River Tenakee Springs Project is on State/City but will impact FS fishpass. Upper reaches of watershed on NFS lands. FERC determined licensing not needed 5/26/2010, non-FERC. -- -- Not Required 221 d 221d HDR Indian River Tenakee Springs 120 916 Run-of-River 221 o 221o AEA Renewable Energy Fund Applications/Rankings Indian River/Tenakee Springs Tenakee Springs AEA recommends full funding in the amount of $203,000 for the design phase. 120 Yes Run-of-River 221 p 221p Joel Groves - Polar Consult Indian River Tenakee Springs 41 Feasibility Study provided by Joel Groves. 120 839 Yes Storage 222 c 222c Forest Service Blue Lake Modification Sitka Sitka applied to FERC to amend existing license and increase capacity. Would raise dam by 83 feet and inundate additional 362 ac of NFS lands. FERC expected to request 4(e)s very soon. Municipal watershed, roadless 331. -- -- Yes 222 d 222d HDR Blue Lake Expansion Sitka 2230 8,000 34,000 Storage Yes 222 ee 222ee Order Issuing New License Blue Lake Modification -- -- Yes 222 r 222r Chris Brewton, Sitka, 7-14-2011 Blue Lake Expansion Sitka 425 Raise existing dam 83 ft. Increase Fish Valve from 670 kW to 1 MW. 18300 34500 5410 Yes 224 c 224c Forest Service Baranof Chinook ADF&G and NSRAA not involved in salmon facility; appears to be private project. FERC determined licensing is required 6/2010. -- -- 225 c 225c Forest Service Little Port Walter/Osprey 15 Northwest of Port Alexander Federally-owned project. Non-FERC. -- -- Not Required 225 k 225k Proposed Judgment on Roadless Little Port Walter -- -- Yes 226 c 226c Forest Service Cascade Creek 2nd FERC prelim permit expired 1/31/2011. Applicant applied for new prelim permit on 2/1/2011. No decision yet by FERC. Draft license application and draft EA filed and comments, prelim 4(e)s must be to FERC by May 19, 2011. -- -- 227 c 227c Forest Service Ruth Lake Angoon FERC prelim permit on 11/05/2009. -- -- Yes Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-19 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 227 d 227d HDR Ruth Lake Petersburg P13366 20,000 70,000 Storage Yes 227 Ff 227ff Order Issuing Preliminary Permit Ruth Lake 12619 20,000 60,000 Yes 228 c 228c Forest Service Scenery Lake Angoon FERC prelim permit on 10/01/2009. -- -- Yes 228 d 228d HDR Scenery Lake 17 17 miles northeast of Petersburg P13365 Yes 228 q 228q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Scenery Lake Petersburg 229 c 229c Forest Service Sunrise Lake Wrangell Project is inactive. No FERC correspondence since 2008. City wishes to keep FS inv permit in effect. -- -- 230 c 230c Forest Service Neck Lake Whale Pass Project is on State land with FS road reservation. FERC determined licensing is required11/04/2010. -- -- 230 o 230o AEA Renewable Energy Fund Applications/Rankings Neck Lake Whale Pass Alaska Power and Telephone has decided to no longer pursue the activity at Neck Lake. Therefore funding is not recommended by AEA. 124 Yes 232 c 232c Forest Service Lake Shelokum 30 Southeast of Wrangell FERC prelim permit 05/01/2009. -- -- Yes 232 d 232d HDR Shelokum Lake Wrangell P13281 10,000 40,000 Storage Yes 232 j 232j Barbara Stanley - Forest Service Lake Shelokum Wrangell E-Mail from Barbara Stanley date 5-23-11 indicated that Alaska Power & Telephone surrendered the preliminary permit in 4-28-11. --- -- Yes No 232 k 232k Proposed Judgment on Roadless Lake Shelokum -- -- Yes 233 c 233c Forest Service Bell Island Geothermal NEPA in progress. TNF minerals group has lead (non-FERC), roadless 529. -- -- Not Required 237 d 237d HDR Thayer Creek Angoon Not Required 1,000 8,500 Run-of-River Not Required 237 f 237f Preliminary Appraisal Report Hydroelectric Potential, Retherford, 1977 Thayer Creek 2 East of Angoon 465 575 -- Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-20 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 237 o 237o AEA Renewable Energy Fund Applications/Rankings Thayer Lake Gen and Transmission 5 North of Angoon 25 370 AEA has setup partial funding of the $30 million combined generation and transmission project in the amount of $1 million for design/ permitting/ construction. AEA notes that the IPP also received $1.1 million from the USDOE for preconstruction activities. AEA also notes that the scope must be consisted with the recommendations of the Southeast Alaska IRP. Ranked 3 among REF projects in the southeast for Round 4. 1,000 Yes Storage 237 q 237q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Thayer Creek Angoon 2003 estimate of 8.7 million. 1000 8,700 238 d 238d HDR Connelly Lake Haines 13,700 48,100 Storage 238 o 238o AEA Renewable Energy Fund Applications/Rankings Connelly Lake 10 Southwest of Skagway AEA recommends partial funding in the amount of $468,000 for design/feasibility activities. Notes that it is dependent upon the scope being consistent with the findings of the Southeast Alaska IRP. 12,000 Yes Storage 238 q 238q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Connelly Lake Haines 239 d 239d HDR Gartina Falls Hoonah P14066 440 1,770 Run-of-River Yes 239 gg 239gg Exhibit A - Project Description Gartina Falls 3.5 Southeast of Hoonah 76 445 1,810 13,033.71 Yes Run-of-River 240 d 240d HDR Water Supply Creek Hoonah 400 1,480 Run-of-River 240 hh 240hh Hoonah Hydroelectric Conceptual Design Report Water Supply Creek 3.5 Southeast of Hoonah 11 400 1,480 16,250 Yes Run-of-River 240 q 240q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Water Supply Creek Hoonah 2003 estimate of 3.32 million. 600 5,550 241 d 241d HDR Lace Lake Juneau P13599 4,990 40,100 Storage Yes 242 d 242d HDR Triangle Lake Metlakatla 4,000 17,324 Storage 242 o 242o AEA Renewable Energy Fund Applications/ Rankings Triangle Lake Metlakatla AEA recommends full funding in the about of $500,000 for a feasibility study. The project would be located near the proposed Ketchikan - Metlakatla Intertie. 4,000 Yes Storage 243 x 243x Existing Falls Creek Gustavus 11659 800 2,160 Run-of-River 244 x 244x Existing Lutak Haines 250 780 Run-of-River Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-21 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 245 x 245x Existing 10 mile Haines 550 1,050 Run-of-River 246 x 246x Existing Snettisham Juneau 78,200 325,000 Storage 247 q 247q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Lake Dorothy Juneau 247 x 247x Existing Lake Dorothy Juneau 14300 14,300 74,500 Storage 248 x 248x Existing Ketchikan Lakes Ketchikan 420 4,200 22,200 Run-of-River 249 x 249x Existing Silvis Lake Ketchikan 1922 2,100 12,400 Storage 250 x 250x Existing Chester Lake Metlakatla 1,000 7,170 Storage 251 o 251o AEA Renewable Energy Fund Applications/ Rankings Pelican Upgrade 0 Pelican AEA recommends full funding in the amount of $1,896,836 for the project. The project is aimed at rebuilding an obsolete hydro project from the 1940s. Ranked 5th among projects in the Southeast. 650 Yes Run-of-River 251 x 251x Existing Pelican Pelican 10198 700 -- Run-of-River 252 x 252x Existing Blind Slough Petersburg 201 2,000 1,000 Run-of-River 253 f 253f Preliminary Appraisal Report Hydroelectric Potential, Retherford, 1977 Black Bear Lake 25 South of Petersburg -- -- 253 x 253x Existing Black Bear Lake Prince of Wales 10440 4,500 22,300 Storage 254 q 254q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 South Fork Craig 254 x 254x Existing South Fork Prince of Wales 2,000 6,000 Run-of-River 255 x 255x Existing Pulp Mill Feed Unit Sitka 2230 870 -- Run-of-River 256 x 256x Existing Fish Valve Unit Sitka 2230 670 -- Run-of-River 257 k 257k Proposed Judgment on Roadless Blue Lake -- -- Yes 257 x 257x Existing Blue Lake Sitka 2230 6,000 62,500 Storage 258 x 258x Existing Goat Lake Skagway 11077 4,000 20,600 Storage 259 x 259x Existing Kasidaya Creek Skagway 11588 3,000 10,200 Run-of-River Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-22 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 260 f 260f Preliminary Appraisal Report Hydroelectric Potential, Retherford, 1977 Kootznahoo 0 Angoon 30,000 -- 260 l 260l Bob Grimm AP&T West Creek 7 Northwest of Skagway The West Creek Hydroelectric Project would be located about 7 miles northwest of Skagway near the community of Dyea. The Community of Skagway is considering development of the West Creek Project to provide shore power to cruise ships during the summer tourist season, in order to lessen the air pollution caused by the ship’s self-generation. Project facilities would include a dam, tunnel, surface powerhouse, and transmission line. Additional study is necessary to define capacities and dimensions of the various features. The generating capacity is likely to be in the 10-25 MW range. 20,000 -- Yes Storage 261 f 261f Preliminary Appraisal Report Hydroelectric Potential, Retherford, 1977 Game Creek 310 1,100 -- 261 f 261f Preliminary Appraisal Report Hydroelectric Potential, Retherford, 1977 Gunnuk Creek 1 Southeast of Kake 86 875 -- 262 f 262f Preliminary Appraisal Report Hydroelectric Potential, Retherford, 1977 Cathedral Falls Creek 10 Southeast of Kake 25 195 70 350 -- 262 q 262q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Cathedral Falls Creek Kake 2003 estimate of 5.3 million. 800 6,625 263 f 263f Preliminary Appraisal Report Hydroelectric Potential, Retherford, 1977 Chilkoot River Tributary 10 East of Klukwan 34.5 40 3,150 -- 264 f 264f Preliminary Appraisal Report Hydroelectric Potential, Retherford, 1977 Pelican Creek 3,560 -- 265 n 265n Annette Island - Rural Southeast, Oct 2010 Chester/Edgecumbe Lake 2 Southeast of Metlakatla 19.68333333 17,500 11,518 Run-of-River Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-23 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 266 n 266n Annette Island - Rural Southeast, Oct 2010 Helen Todd Lakes 10 North of Metlakatla 87.34166667 12,800 8,404 Run-of-River 267 n 267n Annette Island - Rural Southeast, Oct 2010 Cascade Lakes 6 Northeast of Metlakatla 22.75 6,000 3,970 Run-of-River 268 n 268n Annette Island - Rural Southeast, Oct 2010 Un-Named - Lower Lake Tap 8 East of Metlakatla 30.60833333 13,700 9,053 Run-of-River 269 n 269n Annette Island - Rural Southeast, Oct 2010 Un-Named - Upper Lake Tap 8 East of Metlakatla 22.15 10,300 6,791 Run-of-River 270 n 270n Annette Island - Rural Southeast, Oct 2010 Kwain Lake 10 Southeast of Metlakatla 10.8 9,500 6,280 Run-of-River 271 n 271n Annette Island - Rural Southeast, Oct 2010 Crater Lake 11 Southeast of Metlakatla 11.575 6,500 4,261 Run-of-River 272 o 272o AEA Renewable Energy Fund Applications/Rankings Elfin Cove Elfin Cove AEA recommends full funding in the amount of $347,000 for the design phase. Run of River at 50 kW for the upper and storage at 150 kW for the lower project. FERC License will be required since it's on USFS land. 200 Yes Storage 272 p 272p Joel Groves - Polar Consult Elfin Cove 1 South of Elfin Cove 160 672.2 11,563 Yes 272 s 272s Crooked Creek and Jim's Lake Feasibility Study 2011 Crooked Creek and Jim's Lake Elfin Cove APA Supplement to Hatch's reconnaissance study. 80 272 s 272s Crooked Creek and Jim's Lake Feasibility Study 2011 Crooked Creek and Jim's Lake Elfin Cove Alaska Energy and Engineering, Inc. 100 15,000 272 s 272s Crooked Creek and Jim's Lake Feasibility Study 2011 Crooked Creek and Jim's Lake 1 mile south of Elfin Cove Elfin Cove 0.2 2.9 1 160 597.7 11,562 Yes Storage/Run-of-River 273 o 273o AEA Renewable Energy Fund Applications/ Rankings Excursion Inlet 3 Excursion Inlet AEA recommends partial funding in the amount of $93,000 for reconnaissance. AEA notes that there are barriers to development that include anadromous fish concerns. Study will include consideration of fish habitat. 3,000 Yes Storage Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-24 NUMBER SOURCE INDICATOR UNIQUE NUMBER SOURCE NAME LOCATION LENGTH (MI) LOCATION NOMINAL FLOW (CU FT/SEC) AVERAGE STREAM FLOW (CU FT/SEC) DAM HEIGHT (FT) PERMIT # REMARKS CAPACITY KW ANNUAL GENERATION (MWH) CAPITAL COST ($/KW) RECENT DEVELOPMENT ACTIVITY? DISTANCE (GREATER/LESS THAN X MILES FROM LOAD CENTER/ TRANSMISSION) STORAGE/RUN-OF -RIVER LICENSED/ PERMITTED 274 o 274o AEA Renewable Energy Fund Applications/Rankings Port St. Nick Fish Enhancement Coffman Cove AEA does not recommend any funding for this project. It notes that AEA has already recommended funding for two projects that should provide all electrical needs for the island for the foreseeable future and that one of the projects is expected to spill water for the next decade. It also notes that the application doesn't provide much information about recon, feasibility, design, or business arrangements. 55 Yes Storage 275 p 275p Joel Groves - Polar Consult Burro Creek Skagway 1,500 Yes Run-of-River 276 q 276q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Lake Diana Sitka 276 q 276q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Walker Lake Klukwan 2003 estimate of 9.4 million. 1900 5430 5,684 277 q 277q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 Chicago Harbor Yakutat 2003 Estimate of 9.3 million. 1400 7500 6,643 278 d 278d HDR Lake Connell Ketchikan 1900 11640 Storage 279 d 279d HDR Tyee New Dam Construction Wrangell 1400 9100 Storage 280 d 280d HDR Tyee New Third Turbine Wrangell 10000 Storage 281 d 281d HDR Virginia Lake Wrangell 12000 Storage 282 s 282s Crooked Creek and Jim's Lake Feasibility Study 2011 Roy's Creek Elfin Cove Hatch America Inc. for the Alaska Power Authority 1984. 20 to 60 Run-of-River 283 s 283s Crooked Creek and Jim's Lake Feasibility Study 2011 Ernie's Creek Elfin Cove 284 u 284u Lake Redfield Hydroelectric Preliminary Permit Application Lake Redfield 12.2 Yakutat NA 01685-000 2000 10,000 285 v 285v AEL&P Yaldagalga Creek 16 Kensington P-14115 8000 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix C C-25 a 1947 Document b Bradfield AK-BC c Forest Service d HDR e Public Comments f Preliminary Appraisal Report Hydroelectric Potential, Retherford, 1977 g AK-BC Intertie Feasibility Study Draft Final, Supplemental Information Regional Planning Model and Avoided GHG Emissions h SE AK Energy Export Study, D Hittle & Assoc, May 1, 2006 i B&V Presentation SE IRP Advisory Workgroup - May 20, 2011 j Barbara Stanley - Forest Service k Proposed Judgment on Roadless l Bob Grimm AP&T m Documentum n Annette Island - Rural Southeast, Oct 2010 o AEA Renewable Energy Fund Applications/Rankings p Joel Groves - Polar Consult q Comprehensive Renewable Energy for Sealaska Corporation, Dec 2005 r Chris Brewton, Sitka, 7-14-2011 s Crooked Creek and Jim's Lake Hydroelectric Feasibility Study Final Report, Polarconsult Alaska, Inc., June 2011 t www.ferc.gov/industries/hydropower/gen-info/licensing/issued-pre-permits.xls u Lake Redfield Hydroelectric Project Preliminary Permit Application - November 2, 1988 v AEL&P w Application for License Soule River Hydroelectric Project FERC No. P-13528-000 and P-12615-001 x Existing y Cascade Creek Hydroelectric Project, FERC No. 12495 License Application for Major Unconstructed Project - Exhibit B z FERC Order Issuing Preliminary Permit, P-12621-000 aa FERC Order Issuing Original License - October 24, 2000, P-11480-001 bb FERC Order Issuing Original License - January 22, 1998, P-11393-001 cc FERC Order Issuing Original License - March 17, 2009, P-11841-002 dd AEA Application for Renewable Energy Grant, Takatz Lake Project - Alaska ee FERC Order Issuing New License - July 10, 2007, P-2230-034 ff FERC Order Issuing Preliminary Permit, P-12619-000 gg Exhibit A - Project Description, Pre-Application Document hh Hoonah Hydroelectric Conceptual Design Report, February 2011 Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix D D-1 Appendix D. Advisory Work Group Resolution Alaska Energy Authority | SOUTHEAST ALASKA INTEGRATED RESOURCE PLAN BLACK & VEATCH | Appendix E E-1 Appendix E. Description of Strategist® Black & Veatch used Ventyx’s Strategist® optimal generation expansion model to evaluate the various alternatives and scenarios. The Strategist® model is capable of evaluating a large number of plans with generating, transmission, and DSM/EE alternatives by using probabilistic dispatch, dynamic programming, and elimination of factors that typically are not taken into account when comparing thousands (or millions) of plans, such as ramp-up and ramp-down rates and start-up energy and start-up fuel costs. The model utilizes a typical week methodology and evaluates the relative economics between all possible plans within a given set of criteria and minimizes utility costs through optimization. The model checks all feasible combinations in every year of the study period using dynamic programming. At the end of the study period, the model traces back through the matrix of feasible states to find the plans with the best financial or other operational criteria (cumulative present worth cost in this case) and ranks these plans according to this criteria.