HomeMy WebLinkAbout2024-06-21 BPMC Agenda and docsBRADLEY LAKE PROJECT MANAGEMENT COMMITTEE MEETING AGENDA - UPDATED
Friday, June 21, 2024
10:00 am
To participate dial 1-888-585-9008 and use code 212-753-619#
1. CALL TO ORDER
2. ROLL CALL (for Committee members)
3. PUBLIC ROLL CALL (for all others present)
4. AGENDA APPROVAL
5. PUBLIC COMMENTS
6. APPROVAL OF MEETING MINUTES – May 17, 2024
7. NEW BUSINESS
8. OLD BUSINESS
A. Railbelt Reliability Coordination Update
i. GRIP 3, Phase 1 Update Jim Mendenhall
ii. GRIP 3, Phase 2 Brian Hickey
B. Amended Consultants Agreement Joel Paisner
9. OPERATOR’S REPORT HEA
10. COMMITTEE REPORTS
A. Budget to Actuals Report Budget Subcommittee
B. O&D Report HEA
11. EXECUTIVE SESSION – (Bylaws Section 5.11.4) – To discuss confidential financial matters and
required Project Work and financing, the immediate knowledge of which may have an adverse
effect on the Authority or Project.
12. MEMBERS’ COMMENTS
13. NEXT MEETING DATE – July 26, 2024
14. ADJOURNMENT
813 W Northern Lights Blvd, Anchorage, AK 99503 Phone: (907) 771-3000 Fax: (907) 771-3044 Email: info@akenergyauthority.org
REDUCING THE COST OF ENERGY IN ALASKA AKENERGYAUTHORITY.ORG
RGYAUTHORITY.ORG
MEMORANDUM
TO: Bradley Lake Project Management Committee
FROM: Jim Mendenhall, P.E., Program Manager
DATE: June 6, 2024
SUBJECT: Railbelt Innovation and Resliency Project, Phase 1
GRIP Topic 3, Round 1 - Update
We have been working on meeting all requirements for the DOE to make an award. AEA has
submitted the following:
1. Cyber Security Plan
2. Statement of Project Objectives (SOPO)
3. Statement of NEPA Compliance
4. Budget for initial budget period
5. Community Benefits Plan Objectives (CBPO)
6. Summary of projected Pre-Award Costs - Pending
AEA has received Sample Terms & Conditions and are awaiting specific Terms & Conditions for
our project.
A number of the project awardees have requested clarifications and waivers related to the Davis
Bacon Act. AEA believes that since the State of Alaska already requires weekly payroll and Certified
payroll we will not have an issue.
DOE recognizes that an award need to be made before the end of the Federal fiscal year. DOE
will make a project award with a limitied scope. The scope will be capped at an amount relative
to dedicated State funds. The State has dedicated $32.7M in funds and we estimated spending
for the initial budget period is ~$14-1/2M. DOE has been given the budget justification for the
first year. The DOE plans to authorize additional Federal funds will be released as more matching
funds are dedicated to the project.
AEA, in cooperation with the Railbelt utilities is working on the Railbelt Strateigic Asset Plan. This
plan will, along with other deliverables, will develop a Railbelt Strategic Transmission Plan. The
study will evaluate power flows and transient Stbility Analysis and develop a list of N-1
contingencies. The plan will identity possible improvements to the transmission system and
propose a final transmission system.
AEA is looking at engaging a contractor to help develop a preliminary project budget, schedule
and work plan. Deliverables would include recommendations on technology (LCC vs VSC, bipolar,
symmetrical monopole, etc) converter stations, converter transformers, transmission options as
well as a summary of control schemes and protection equipment.
We continue to have weekly check-in meetings with the DOE
1
Bradley Lake Project Management Committee Report on Railbelt
Regional Coordination
June 21, 2024
Overview:
The Bradley Lake Project Management Committee is focused on two main objectives: expanding
the project's capacity from 90 MW to its full potential of 120 MW and ensuring the reliable and
resilient delivery of energy and capacity to all stakeholders. Moreov er, the committee is
committed to addressing and eliminating large-scale, small-signal instability oscillations that
arise when the Bradley Project interacts with the summer valley during periods of low lake
levels. To achieve these objectives, a comprehen sive regional transmission plan, named the Grid
Modernization and Resiliency Plan (GMRP), has been developed.
The implementation of GMRP is expected to yield several ancillary benefits, including a more
resilient and robust grid capable of withstanding ext reme weather events and other disruptions.
The modernization efforts will enhance power transfer capabilities between regions, reduce the
need for thermal reserves, decrease fuel consumption, and cut carbon emissions. Additionally,
the upgraded grid will better accommodate variable clean energy sources.
This report outlines our activities related to these efforts over the months of February and
March
Contractors:
• None
Grant Efforts:
State Match efforts
I continued working with the lobbying team to complete a comprehensive financial package to
fund the entire suite of Railbelt upgrades.
Based on input, we are updating our spreadsheet model to better represent depreciation rates
and replacement costs for shorter-lived assets. Additionally, we are continuing to evaluate
various funding, application, and match strategies to meet the cost -share requirements for
GRIP and other Railbelt projects.
We are working to develop consensus and an agreement to mo ve this concept forward.
Independent of these efforts Joel Paisner and I have continued to work on battery funding
strategies.
2
Concept Papers:
• The DOE declined our Topic 1, Grid Resilience concept paper.
• We were asked to proceed to a full application with our Topic 3 Grid Innovation concept paper.
Federal Application
The primary focus was on developing and completing the GRIP Topic 3 Funding Cycle 2 (T-3) (F-
2)
• We completed drafts of the T-3, F-2; Tech volume (TV) and Statement of Project
Objectives (SOPO) and Community benefit plan (CBP), WBS, Gannt chart, milestone, and
Go No go docs. Special thanks to MEA for assistance in completing the environmental
form, and to AEA for revamping our introductory figure and the budget justification
workbook. LSI did an outstanding job working through the editing and revision process
with me.
• Review sessions were held on April 4, 9, and 11, 2024, with the combined utility review
committee.
o We completed the first draft of the CBP on 4-3-24 and it was reviewed by the
broader group on the 4th.
o Subsequently I completed the first draft TV and SOPO on the 9 th and they were
reviewed by the broader group on the 9th. Comments were incorporated.
o I completed the WBS, Gantt Chart TV, Milestone and Go No -Go tables and this
package was reviewed on the 11th.
o The final was submitted to AEA on Monday the 15th at noon.
o Subsequent comments were incorporated on the 15th and 16 and the package
was approved by AEA/AIDEA Bod on the 17th and filed.
o Notably through Doug Tansy’s efforts we secured a letter of support from the
IBEW Ninth district in support of our F-2 application (this was forwarded directly
to Secretary Granholm and included in our package) and the RRC declined to
provide a letter of support for this round of funding.
• Special thanks to this who participated given the tight turnaround (3-22 to 4-15) I think
we produced a highly competitive application.
Activity Summary:
• My update to the RCA was postponed until later this summer.
• I was on annual leave from May 13-17 and June 17th.
• Attended the Alaska Sustainable Energy Conference from May 21-24.
• Attended the APA Fly-in in Washington, DC, from June 3-7.
Looking Forward:
• A decision on our Topic 3 Funding Cycle 2 application is anticipated in Fall 2024.
3
• The final GRIP Funding Cycle 3 concept paper and application process likely to kick off in
late Fall/early winter of 2024
Other Activities:
• On April 3rd, I have transitioned to a reduced (40%) role at EDRRC as I begin assisting the
Seward Electric System with their utility management. However, I will continue to
oversee the Federal Grant applications process and aid as required in state and utility
match efforts.
• I will be on annual leave from July 15-19.
• I will be working with the team to schedule a nother consensus building strategic
planning session for the group in August.
This report reflects our continuous commitment to enhancing the Railbelt region's energy infrastructure
and resilience, marking significant milestones in our journey towards a more sustainable and efficient
energy future.
Bradley Lake Operator Report Page 1
Bradley Lake Operator Report
BPMC
June 2024
Unit Statistics:
Generation Unit 1 (MWhrs) Unit 2 (MWhrs) Total (MWhrs)
Apr. 2024
May 2024
June 2024
24,828
22,663
11,312
12,769
18,515
1,306
37,598
41,178
12,618
Hydraulics Avg. Lake Level (ft.) Bradley Fishwater
(ac ft.)
Battle Creek MIF
(ac ft.)
Apr. 2024
May 2024
June 2024
1,109
1,097
1,097
1,549
746
138
0
0
210
Battle Creek Inflows to Bradley (ac
ft.)
Apr. 2024
May 2024
June 2024*
0
0
2,929
*Lake Level – 1,104.0’ As of June 17, 2024
Activities
• Forced outage – None to report.
• Dam – Completed the monthly safety inspections for June.
• Dam Access Road –The road up to the dam is accessible.
• Battle Creek Diversion – Put in service June 1,2024. The road to the diversion is
snowed in.
• Bradley Lake New Residence – Plumber is working on final trim out. Fire alarm system
needs to be commissioned. Blinds need to be installed. Minor painting on outside trim
needs to be completed.
• Needle Valve Purchase – On schedule for delivery by end of June 2024.
• 40 Ton Crane –Upon final inspection we found the thermostat housing developed a
minor leak, main boom tube lock and cable needs to be replaced. I expect it to be in
service by the end of June 2024.
• Fire System- Nothing new to report.
• Safety- There have been no lost time or reportable accidents for the month of May. Next
Safety meeting is scheduled for June 19, 2024.
• Barge trip – The next barge will be scheduled for July 2024 to bring over the needle valves
and fuel for the project.
• Barge Dock- HEA’s Environmental Compliance Officer has secure permits for the repair to
Bradley Lake Operator Report Page 2
the dock sheet pilings. Repairs are scheduled to start in Sept 2024.
Contractors/ Visitors on site:
• HEA- Larry Jorgensen out for the Safety Meeting on 15 May 2024.
• AK Carpentry final trim out on new residence.
• Statewide Machinery- 40 Ton crane repair.
• Homer Plumbing final trim out on new residence.
• CIC General -Digging power and water service trench to the new residence.
• On Point- Microwave AC replacement.
• Chris Harlan BBG Appraisal Services.
• Dynamic Defense Solutions- Operator Emergency Trauma Response Training.
• AEA conducted a tour of the project.
• DOWL Engineering- Yearly dam survey.
Bradley Lake Dam June 2, 2024
Bradley Lake Operator Report Page 3
Battle Creek Diversion 1 June 2024
Bradley Lake Operator Report Page 4
Housing Septic Line Repair 40 Ton Crane
Emergency Trauma Response Trenching in the Electrical
Bradley Lake Operator Report Page 5
New Residence
Bradley Lake Operator Report Page 6
Bradley Lake Operator Report Page 7
Page 1 of 13
Alaska Energy Authority
Bradley Lake
Budget to Actual Expenses
07/01/2023 to 04/30/2024
Page 2 of 13
FY22 FY22 FY23 FY23 FY24 FY24
BUDGET ACTUALS BUDGET ACTUALS BUDGET ACTUALS
Upgrade Crews Quarters and Residents Kitchen 139,000 7,318 159,000 67,395 - 183,693
Battle Creek Bridge Repair 80,000 112,337 - - - -
IRIS Air Gap Monitoring System (computer) 45,000 86,805 65,000 18,491 - -
Replace Dump Truck and Sander 20,000 - - 29,493 - -
Heavy Duty trailer for equipment 20,000 - 20,000 20,000 - -
ABB Replace GIS Actuators 240,000 - 309,000 310,245 - -
Replacement pickup truck 45,000 - - 46,299 - -
Needle Valve rebuild 150,000 29,727 150,000 - - -
Start new servo design 100,000 - 250,000 396,171 - -
Soldotna SVC Battery Replacement 70,000 76 - - - -
North Fork Improvements - - 5,000 - - -
Mini Excavator - - 100,000 94,465 - -
Install New Bradley Microwave System - - 500,000 280,356 518,000 24,487
Brush Hog for Front End Loader - - - - 150,000 -
JLG All Terrain Fork Lift- New Purchase - - - - 190,000 213,942
Replace BL#5 2009 F150 Crew Cab Pickup - - - - 45,000 -
Warhouse Heaters x2 (Replace) - - - - 5,000 4,617
ISO Shipping Containers x2 (Replace) - - - - 40,000 30,700
Total Non R&C Capital Purchases 909,000 236,264 1,558,000 1,262,914 948,000 457,439
BRADLEY LAKE
CAPITAL PURCHASES NOT FUNDED BY R&C FUND
ALASKA ENERGY AUTHORITY
BRADLEY LAKE HYDROELECTRIC PROJECT
Schedule A
Expenses for the period 07/01/23 to 04/30/24
Page 3 of 13
ALASKA ENERGY AUTHORITY
BRADLEY LAKE OPERATIONS & MAINTENANCE
SCHEDULE B
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 04/30/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
04/30/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
Summary by expense type
Staff Professional Services (Direct)387,700 323,083 - - 267,540 267,540 55,544 277,000 289,268
Labor & Benefits 2,023,067 1,685,889 893,785 38,585 485,021 1,417,391 268,498 1,997,876 1,801,438
Travel 78,500 65,417 1,893 - 13,008 14,902 50,515 84,950 12,894
Training 50,000 41,667 9,848 - 144 9,992 31,675 49,300 19,549
Contractual 1,181,381 984,484 523,662 1,364 276,969 801,995 182,489 1,215,727 1,068,101
Consulting-Administrative 265,000 220,833 - - 123,767 123,767 97,067 249,375 248,684
Supplies & Materials 330,332 275,277 143,223 1,410 - 144,633 130,644 329,232 133,087
Other Costs 79,318 66,098 29,509 24,317 240 54,065 12,033 79,318 64,623
Equipment, Furniture & Machinery 165,000 137,500 93,425 - - 93,425 44,075 24,000 7,877
Administrative Costs 1,553,800 1,294,833 41,575 - 1,220,933 1,262,507 32,326 1,492,905 1,549,774
Indirect Costs 1,480,105 1,233,421 1,092,358 - - 1,092,358 141,062 1,486,285 1,364,672
O&M 4% Allocation to Battle Creek (303,768) (253,140) - - - - (253,140) (236,473) -
Total Bradley Lake Budget 7,290,435 6,075,363 2,829,277 65,676 2,387,621 5,282,575 792,788 7,049,495 6,559,966
FERC 535 - Operation Supervision & Engineering
Operations Sup/Eng
Bradley Lake Operating
Labor & Benefits 105,451 87,876 90,340 - - 90,340 (2,464) 108,311 112,787
Travel 5,000 4,167 1,692 - - 1,692 2,475 10,450 590
Training 5,000 4,167 581 - - 581 3,586 9,300 -
Contractual 3,000 2,500 - - - - 2,500 1,000 -
Supplies & Materials 4,000 3,333 243 - - 243 3,091 4,000 314
Indirect Costs 155,698 129,748 125,981 - - 125,981 3,767 155,698 150,349
Bradley Lake Operating Total 278,149 231,791 218,837 - - 218,837 12,954 288,759 264,040
FERC 535 - Operation Supervision & Engineering Total 278,149 231,791 218,837 - - 218,837 12,954 288,759 264,040
FERC 537 - Hydraulic Expenses
Hydraulic Expenses
Bradley Lake Operating
Labor & Benefits 95,262 79,385 59,949 - - 59,949 19,436 90,192 75,953
Contractual 60,000 50,000 - - - - 50,000 123,000 87
Supplies & Materials 2,000 1,667 2,461 - - 2,461 (794) 32,000 1,804
Indirect Costs 109,250 91,042 82,738 - - 82,738 8,303 114,320 105,908
Bradley Lake Operating Total 266,512 222,093 145,148 - - 145,148 76,945 359,512 183,752
FERC 537 - Hydraulic Expenses Total 266,512 222,093 145,148 - - 145,148 76,945 359,512 183,752
FERC 538 - Electric Expenses
Electric Expenses
Bradley Lake Operating
Labor & Benefits 218,044 181,703 175,322 - - 175,322 6,381 218,044 228,803
Travel 7,000 5,833 201 - - 201 5,632 7,000 2,039
Training 30,000 25,000 9,267 - - 9,267 15,733 25,000 17,786
Contractual 5,000 4,167 2,506 - - 2,506 1,661 2,000 -
Supplies & Materials 13,732 11,443 11,322 - - 11,322 121 9,732 4,319
Indirect Costs 262,004 218,337 203,080 - - 203,080 15,257 262,004 256,573
Bradley Lake Operating Total 535,780 446,483 401,698 - - 401,698 44,785 523,780 509,520
FERC 538 - Electric Expenses Total 535,780 446,483 401,698 - - 401,698 44,785 523,780 509,520
FERC 539 - Misc. Hydraulic Power Generation Expenses
Misc Hydro Power Exp
Bradley Lake Operating
Labor & Benefits 105,742 88,118 68,775 - - 68,775 19,343 105,742 90,508
Training 15,000 12,500 - - - - 12,500 15,000 1,009
Contractual 360,067 300,056 335,651 - - 335,651 (35,595) 315,867 229,130
Supplies & Materials 25,000 20,833 27,294 - - 27,294 (6,461) 17,900 20,976
Other Costs - - 6,663 5,491 - 12,154 (12,154) - -
Indirect Costs 114,320 95,267 94,766 - - 94,766 501 114,320 120,737
Bradley Lake Operating Total 620,129 516,774 533,150 5,491 - 538,640 (21,866) 568,829 462,360
BRADLEY CIRCUITS/RADIO TO BERNICE LK
Other Costs 35,695 29,746 22,845 - - 22,845 6,900 35,695 34,149
BRADLEY CIRCUITS/RADIO TO BERNICE LK Total 35,695 29,746 22,845 - - 22,845 6,900 35,695 34,149
BRADLEY CIRCUITS BERNICE LK TO ANCH
Other Costs 29,773 24,811 - 18,826 - 18,826 5,985 29,773 28,471
BRADLEY CIRCUITS BERNICE LK TO ANCH Total 29,773 24,811 - 18,826 - 18,826 5,985 29,773 28,471
FERC 539 - Misc. Hydraulic Power Generation Expenses Total 685,597 571,331 555,995 24,317 - 580,312 (8,981) 634,297 524,980
FERC 541 - Maintenance Supervision & Engineering
Maint Supervision/Eng
Bradley Lake Operating
Labor & Benefits 110,451 92,043 93,245 - - 93,245 (1,202) 116,171 113,497
Indirect Costs 155,698 129,748 126,916 - - 126,916 2,832 155,698 150,349
Bradley Lake Operating Total 266,149 221,791 220,161 - - 220,161 1,630 271,869 263,847
FERC 541 - Maintenance Supervision & Engineering Total 266,149 221,791 220,161 - - 220,161 1,630 271,869 263,847
FERC 542 - Maintenance of Structures
Maintenance of Structures
Bradley Lake Operating
Labor & Benefits 89,710 74,758 59,134 - - 59,134 15,625 86,639 69,437
Contractual 56,000 46,667 25,364 - - 25,364 21,303 56,000 59,713
Supplies & Materials 78,000 65,000 14,063 - - 14,063 50,938 94,000 9,592
Equipment, Furniture & Machinery 15,000 12,500 10,428 - - 10,428 2,072 19,000 6,693
Indirect Costs 102,350 85,292 79,060 - - 79,060 6,232 105,421 96,693
Bradley Lake Operating Total 341,060 284,217 188,048 - - 188,048 96,169 361,060 242,128
FERC 542 - Maintenance of Structures Total 341,060 284,217 188,048 - - 188,048 96,169 361,060 242,128
FERC 543 - Maintenance of Reservoirs, Dams & Waterways
Maint Res, Dams, WWays
Bradley Lake Operating
Labor & Benefits 51,783 43,153 2,675 - - 2,675 40,477 53,744 1,507
Travel - - - - - - - 1,000 -
Contractual 6,500 5,417 - - - - 5,417 22,500 5,114
Page 4 of 13
ALASKA ENERGY AUTHORITY
BRADLEY LAKE OPERATIONS & MAINTENANCE
SCHEDULE B
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 04/30/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
04/30/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
Supplies & Materials 20,000 16,667 - - - - 16,667 20,000 -
Indirect Costs 58,650 48,875 3,859 - - 3,859 45,016 56,689 1,511
Bradley Lake Operating Total 136,933 114,111 6,534 - - 6,534 107,576 153,933 8,132
BRADLEY POWER TUNNEL MAINT (Dam)
Contractual 15,000 12,500 - - - - 12,500 - -
BRADLEY POWER TUNNEL MAINT (Dam) Total 15,000 12,500 - - - - 12,500 - -
FERC 543 - Maintenance of Reservoirs, Dams & Waterways Total 151,933 126,611 6,534 - - 6,534 120,076 153,933 8,132
FERC 544 - Maintenance of Electric Plant
Maintenance of Elec Plant
Bradley Lake Operating
Labor & Benefits 309,110 257,592 218,091 - - 218,091 39,501 309,110 276,280
Travel 4,500 3,750 - - - - 3,750 4,500 -
Contractual 40,000 33,333 38,909 - - 38,909 (5,576) 58,000 3,180
Supplies & Materials 40,000 33,333 36,164 - - 36,164 (2,830) 43,000 28,310
Indirect Costs 423,178 352,648 301,246 - - 301,246 51,403 423,178 384,985
Bradley Lake Operating Total 816,788 680,657 594,409 - - 594,409 86,247 837,788 692,754
FERC 544 - Maintenance of Electric Plant Total 816,788 680,657 594,409 - - 594,409 86,247 837,788 692,754
FERC 545 - Maintenance of Misc. Hydraulic Plant
Maint of Misc Hydr Plant
Bradley Lake Operating
Labor & Benefits 69,297 57,748 53,910 - - 53,910 3,837 69,297 70,628
Contractual 45,000 37,500 42,077 - - 42,077 (4,577) 3,900 7,276
Supplies & Materials 68,000 56,667 51,225 - - 51,225 5,441 29,000 41,166
Equipment, Furniture & Machinery 150,000 125,000 82,997 - - 82,997 42,003 5,000 1,184
Indirect Costs 98,957 82,464 74,712 - - 74,712 7,752 98,957 97,565
Bradley Lake Operating Total 431,254 359,378 304,922 - - 304,922 54,456 206,154 217,819
FERC 545 - Maintenance of Misc. Hydraulic Plant Total 431,254 359,378 304,922 - - 304,922 54,456 206,154 217,819
FERC 556 - System Control & Load Dispatching
System Cntl & Load Disp
Bradley Lake Operating
Labor & Benefits 20,174 16,812 9,973 - - 9,973 6,838 20,174 22,342
Contractual 85,500 71,250 46,040 - - 46,040 25,210 85,500 97,154
Supplies & Materials 12,000 10,000 452 - - 452 9,548 12,000 4,242
Bradley Lake Operating Total 117,674 98,062 56,465 - - 56,465 41,597 117,674 123,738
Snow Measurement
Bradley Lake Operating
Contractual 10,000 8,333 - - 9,600 9,600 (1,267) 10,000 9,600
Bradley Lake Operating Total 10,000 8,333 - - 9,600 9,600 (1,267) 10,000 9,600
Seismic Service
Bradley Lake Operating
Contractual 62,000 51,667 - - 36,089 36,089 15,578 62,000 63,456
Bradley Lake Operating Total 62,000 51,667 - - 36,089 36,089 15,578 62,000 63,456
Streamguaging Serv
Bradley Lake Operating
Contractual 278,014 231,678 - - 151,920 151,920 79,758 218,000 191,173
Bradley Lake Operating Total 278,014 231,678 - - 151,920 151,920 79,758 218,000 191,173
Permits
Bradley Lake Operating
Other Costs 350 292 - - 240 240 52 350 240
Bradley Lake Operating Total 350 292 - - 240 240 52 350 240
FERC 556 - System Control & Load Dispatching Total 468,038 390,032 56,465 - 197,849 254,314 135,717 408,024 388,208
FERC 562 - Station Expenses
Station Expenses
Bradley Lake Operating
Labor & Benefits 102,043 85,036 18,578 38,585 - 57,163 27,873 98,418 58,186
Travel 3,500 2,917 - - 336 336 2,581 3,500 -
Contractual 80,300 66,917 33,115 1,364 - 34,479 32,438 87,960 63,979
Supplies & Materials 19,600 16,333 - 1,410 - 1,410 14,923 44,600 9,918
Other Costs 1,500 1,250 - - - - 1,250 1,500 -
Bradley Lake Operating Total 206,943 172,453 51,693 41,359 336 93,388 79,064 235,978 132,082
FERC 562 - Station Expenses Total 206,943 172,453 51,693 41,359 336 93,388 79,064 235,978 132,082
FERC 571 - Maintenance of Overhead Lines
Maint of OH Lines
Bradley Lake Operating
Labor & Benefits 16,000 13,333 43,793 - - 43,793 (30,459) 39,954 39,373
Contractual 75,000 62,500 - - - - 62,500 150,000 171,636
Supplies & Materials 30,000 25,000 - - - - 25,000 5,000 1,108
Bradley Lake Operating Total 121,000 100,833 43,793 - - 43,793 57,041 194,954 212,117
FERC 571 - Maintenance of Overhead Lines Total 121,000 100,833 43,793 - - 43,793 57,041 194,954 212,117
FERC 920 & 930 - Administrative Expense
AEA Bradley Fixed Admin Fees
Bradley Lake Operating
Staff Professional Services (Direct)387,700 323,083 - - 267,540 267,540 55,544 277,000 270,305
Travel - - - - 12,672 12,672 (12,672) - 3,888
Training - - - - 144 144 (144) - 754
Consulting-Administrative - - - - 15,948 15,948 (15,948) - 2,390
Supplies & Materials - - - - - - - - 4,246
Administrative Costs 2,500 2,083 - - 76,757 76,757 (74,674) 2,500 166,004
Bradley Lake Operating Total 390,200 325,167 - - 373,061 373,061 (47,895) 279,500 447,588
Bradley Lake Bond Financing
Staff Professional Services (Direct)- - - - - - - - 18,962
Bradley Lake Bond Financing Total - - - - - - - - 18,962
BRADLEY HEA BESS Preliminary Study
BRADLEY HEA BESS Preliminary Study Total - - - - - - - - -
General & Administrative Costs
Supplies & Materials - - - - - - - - 154
Page 5 of 13
ALASKA ENERGY AUTHORITY
BRADLEY LAKE OPERATIONS & MAINTENANCE
SCHEDULE B
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 04/30/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
04/30/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
Administrative Costs - - - - - - - - (350)
General & Administrative Costs Total - - - - - - - - (196)
Operating Committee Exp-Audit
Bradley Lake Operating
Administrative Costs 22,000 18,333 - - 35,030 35,030 (16,697) 19,900 32,520
Bradley Lake Operating Total 22,000 18,333 - - 35,030 35,030 (16,697) 19,900 32,520
Operating Committee Exp-Legal
Bradley Lake Operating
Administrative Costs 80,000 66,667 - - 113,701 113,701 (47,035) 70,000 153,966
Bradley Lake Operating Total 80,000 66,667 - - 113,701 113,701 (47,035) 70,000 153,966
Operat Committee Exp-Arbitrage
Bradley Lake Operating
Administrative Costs - - - - - - - 5,000 -
Bradley Lake Operating Total - - - - - - - 5,000 -
Trust & Account Fees
Bradley Lake Operating
Administrative Costs 13,000 10,833 - - - - 10,833 13,000 -
Bradley Lake Operating Total 13,000 10,833 - - - - 10,833 13,000 -
Misc Admin
Bradley Lake Operating
Administrative Costs 13,000 10,833 - - 13,663 13,663 (2,830) 12,000 13,604
Bradley Lake Operating Total 13,000 10,833 - - 13,663 13,663 (2,830) 12,000 13,604
Professional Consultants
Bradley Lake Operating
Labor & Benefits 730,000 608,333 - - 485,021 485,021 123,313 682,080 642,139
Travel 58,500 48,750 - - - - 48,750 58,500 6,376
Contractual - - - - 79,360 79,360 (79,360) 20,000 166,602
Consulting-Administrative - - - - - - - - 4,458
Supplies & Materials 18,000 15,000 - - - - 15,000 18,000 6,940
Other Costs 12,000 10,000 - - - - 10,000 12,000 1,762
Bradley Lake Operating Total 818,500 682,083 - - 564,381 564,381 117,702 790,580 828,277
FERC 920 & 930 - Administrative Expense Total 1,336,700 1,113,917 - - 1,099,837 1,099,837 14,079 1,189,980 1,494,722
FERC 924 & 925 - Insurance Premiums
Insurance Premiums
Bradley Lake Operating
Administrative Costs 1,138,300 948,583 41,575 - 938,367 979,942 (31,358) 1,015,505 974,625
Bradley Lake Operating Total 1,138,300 948,583 41,575 - 938,367 979,942 (31,358) 1,015,505 974,625
FERC 924 & 925 - Insurance Premiums Total 1,138,300 948,583 41,575 - 938,367 979,942 (31,358) 1,015,505 974,625
FERC 923 - Outside Services Employed
Outside Services Employed
Bradley Lake Operating
Consulting-Administrative 265,000 220,833 - - 107,819 107,819 113,015 249,375 241,836
Bradley Lake Operating Total 265,000 220,833 - - 107,819 107,819 113,015 249,375 241,836
FERC 923 - Outside Services Employed Total 265,000 220,833 - - 107,819 107,819 113,015 249,375 241,836
FERC 928 - Regulatory Commission Expenses
FERC Admin Fees
Bradley Lake Operating
Administrative Costs 165,000 137,500 - - - - 137,500 150,000 126,085
Bradley Lake Operating Total 165,000 137,500 - - - - 137,500 150,000 126,085
FERC Related Prof Services
Bradley Lake Operating
Administrative Costs - - - - (352) (352) 352 - -
Bradley Lake Operating Total - - - - (352) (352) 352 - -
BRADLEY FERC PART 12 INSPECTION
Administrative Costs - - - - - - - 25,000 435
BRADLEY FERC PART 12 INSPECTION Total - - - - - - - 25,000 435
BRADLEY CONTRACTUAL ENGINEER-FERC LICENSE ISSUES
Administrative Costs 120,000 100,000 - - 43,765 43,765 56,235 180,000 82,883
BRADLEY CONTRACTUAL ENGINEER-FERC LICENSE ISSUES Total 120,000 100,000 - - 43,765 43,765 56,235 180,000 82,883
FERC 928 - Regulatory Commission Expenses Total 285,000 237,500 - - 43,414 43,414 194,086 355,000 209,404
O&M 4% Allocation to Battle Creek (303,768) (253,140) - - - - (253,140) (236,473) -
Total Bradley Lake Budget 7,290,435 6,075,363 2,829,277 65,676 2,387,621 5,282,575 792,788 7,049,495 6,559,966
Page 6 of 13
Actual Projected Actual Projected Actual Projected
@ 6/30/22 TO REPAY Budget @ 6/30/23 TO REPAY Budget @ 6/30/24 TO REPAY Budget
Description Expense @6/30/22 FY22 Expense @6/30/23 FY23 Expense @6/30/24 FY24
R&C FUND PROJECTS
Governor - 4,052,070 - - 4,052,070 - - 4,052,070 -
Replace RFLS - 251,093 - - 251,093 - - 251,093 -
Replace Runners - 1,946,733 - - 1,946,733 - - 1,946,733 -
Replace cable from dam to power house - 2,321,923 - - 2,321,923 - - 2,321,923 -
Replace power system stabilizer - 619,205 - - 619,205 - - 619,205 -
Replace two RTUs - 86,905 - - 86,905 - - 86,905 -
Culvert Repairs - 675,967 - - 675,967 - - 675,967 -
Tower Repair for Jack Frost Heaves - 887,597 - - 887,597 - - 887,597 -
Replace Plant and SCADA Controls - 1,344,683 - - 1,344,683 - - 1,344,683 -
Vibration Monitoring System - 490 - - 490 - - 490 -
Fire Alarm System Replacement 28,593 134,225 150,000 3,173 137,397 1,500,000 33,942 171,339 1,338,000
Battle Creek Diversion - 1,170,000 - - 1,170,000 - - 1,170,000 -
Bradley Replace Electro-Mechanical Relays - 1,277,197 - - 1,277,197 - - 1,277,197 -
Fishwater Screen Debris Removal - 312,236 - - 312,236 - - 312,236 -
Turbine Nozzel Repair - 1,428,861 - - 1,428,861 - - 1,428,861 -
SVC replacement Daves Creek | Soldotna - 8,517,991 - - 8,517,991 - - 8,517,991 -
Equipment Storage Shed - 510,550 - - 510,550 - - 510,550 -
Emerson Operating System Upgrade - 622,665 - - 622,665 - - 622,665 -
Generator #2 Replacement - 953,213 - - 953,213 - - 953,213 -
Road Grader 342,330 342,330 - - 342,330 - - 342,330 -
Battle Creek Construction - 3,739,591 - - 3,739,591 - - 3,739,591 -
Battle Creek Cash Call-Expended - 750,000 - - 750,000 - - 750,000 -
Battle Creek Cash Call-Paid by Utilities - (750,000) - - (750,000) - - (750,000) -
Needle Repairs - 1,482,791 - - 1,482,791 - - 1,482,791 -
Construct Additional Residence 69,594 69,594 980,000 125,175 194,769 - 513,199 707,967 910,000
Spillway Raise & Expansion Project (aka Dixon Diversion)**547,699 547,699 800,000 661,031 1,208,731 1,500,000 145,668 1,354,398 252,000
Needle Valve Rebuild - - - - - - 198,086 198,086 1,579,535
988,217 33,295,609 1,930,000 789,379 34,084,987 3,000,000 890,894 34,975,881 4,079,535
Current Year R&C Repayment (2,435,902) (2,757,013) (3,338,646)
Adjust balance to $5 million - - -
Interest in Fund Applied to Repayment (42,921) (100,912) (122,003)
Net Transfer from Revenue Fund (2,478,823) (2,857,925) (3,460,649)
Cumulative Prior Years R&C Repayments (27,707,352) (29,808,017) (31,677,137)
Due to (from) Utilities 378,159 988,805 1,471,818
Adjust Due to R&C Actual - - -
(27,329,193) (28,819,211) (30,205,319)
NET DUE TO R&C FUND 3,487,592 2,407,851 1,309,914
R&C FUND CASH FLOW PROJECTION
Beginning Investment Balance 1,069,523 2,363,808 4,370,333
Disbursements-current year -Accrual (514,976) - -
Disbursements-prior year accrued (379,977) (473,241) (789,379)
Utilities' R&C Refund (289,586) (378,159) (988,805)
Net other cash inflow(outflow)- - -
Current year interest earnings 42,921 100,912 122,003
Participants Contributions to R&C Fund 2,435,902 2,757,013 3,338,646
Ending Investment Balance 2,363,808 4,370,333 6,052,798
Accrued Due to (from) Utilities (378,159) (988,805) (1,471,818)
R&C payable back to the revenue fund - - -
Accrued R&C vendor Payable at Year End (473,241) (789,379) (890,894)
PROJECTED NET DUE + ENDING INVESTMENT BALANCE 5,000,000 5,000,000 5,000,000
REPAYMENT AMOUNT
$1,649,677 X 25%
$4,139,810 X 25%**Spillway Raise & Expansion Project (aka Dixon Diversion)
$238,606.15 X 25%
$954,181.79 x 25%Paid with Bradley Lake R&C Fund 1,354,398
$756,665.11 x 25% all 4 years Paid with Renewable Energy Fund Grant ($1MM)684,360
$1,455,830.05 x 25% all 4 years Total Project Cost at 04/30/24 2,038,759
$1,401,948.53 x 25% all 4 years
$1,834,499.92 x 25% yr 1 | 25% yr 2 | 50% yr 3
$3,330,802.80 x 25% yr 1 | 32% yr 2 | 25% yr 3 |18% yr4
$5,644,193.08 x 25% all 4 years
$1,341,405.96 x 25% all 4 years (FY18)
$1,715,556.80 x 25% all 4 years (FY19)4th 428,889
$412,050.13 x 25% all 4 years (FY20)3rd 103,013 4th 103,013
$5,286,834.31 x 25% all 4 years (FY21)2nd 1,321,709 3rd 1,321,709 4th 1,321,709
FY22 ACTUALS 1st 247,054 2nd 247,054 3rd 247,054
1st 197,345 2nd 197,345
1st 222,723
2,100,664 1,869,120 1,988,831
BRADLEY LAKE
R&C FUND DISBURSEMENTS AND REPAYMENTS
SCHEDULE D
Expenses for the period 07/01/23 to 04/30/24
Page 7 of 13
FY22 FY22 FY23 FY23 FY24 FY24
Budget Actual Budget Actual Budget Actual
Battle Creek Diversion - - - - - -
Battle Creek Associated Costs 15,000 22,196 15,000 11,986 15,000 -
Vent Enlargment 50,000 13,077 50,000 32,407 - -
Pressure Sensor w SCADA 25,000 2,807 25,000 27,030 - -
Power feed to LBC Bridge 25,000 19,548 - - - -
Survey and Monument DNR Lease - - - - 150,000 77,789
Total Non R&C Capital Purchases 115,000 57,628 90,000 71,423 165,000 77,789
BATTLE CREEK
CAPITAL PURCHASES NOT FUNDED BY R&C FUND
ALASKA ENERGY AUTHORITY
BRADLEY LAKE HYDROELECTRIC PROJECT
Battle Creek Capital Purchases
Schedule E
Expenses for the period 07/01/23 to 04/30/24
Page 8 of 13
BATTLE CREEK OPERATIONS & MAINTENANCE
SCHEDULE F
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 04/30/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
04/30/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
Summary by expense type
Staff Professional Services (Direct)50,000 41,667 - - 42,486 42,486 (819) - 58,017
Labor & Benefits - - 33,771 1,608 20,209 55,588 (55,588) - 82,339
Travel - - 76 - 973 1,049 (1,049) - 537
Training - - 410 - 6 416 (416) - 940
Contractual 125,000 104,167 17,243 57 113,058 130,358 (26,191) 126,000 164,132
Consulting-Administrative - - - - 5,157 5,157 (5,157) - 17,560
Supplies & Materials - - 4,618 59 - 4,677 (4,677) - 5,862
Other Costs - - 238 196 10 444 (444) - 2,920
Equipment, Furniture & Machinery - - 3,880 - - 3,880 (3,880) - 346
Administrative Costs 11,500 9,583 1,483 - 50,507 51,990 (42,407) 54,900 78,084
Indirect Costs - - 40,887 - - 40,887 (40,887) - 62,821
O&M 4% Allocation to Battle Creek 303,768 253,140 - - - - 253,140 236,473 -
Total Battle Creek Budget 490,268 408,557 102,607 1,919 232,405 336,932 71,625 417,373 473,557
FERC 535 - Operation Supervision & Engineering
Operations Sup/Eng
Battle Creek Operating
Labor & Benefits - - 3,337 - - 3,337 (3,337) - 5,090
Travel - - 68 - - 68 (68) - 25
Training - - 24 - - 24 (24) - -
Supplies & Materials - - - - - - - - 13
Indirect Costs - - 4,656 - - 4,656 (4,656) - 6,803
Battle Creek Operating Total - - 8,086 - - 8,086 (8,086) - 11,931
FERC 535 - Operation Supervision & Engineering Total - - 8,086 - - 8,086 (8,086) - 11,931
FERC 537 - Hydraulic Expenses
Hydraulic Expenses
Battle Creek Operating
Labor & Benefits - - 2,282 - - 2,282 (2,282) - 3,557
Contractual 70,000 58,333 - - 62,923 62,923 (4,589) 81,000 65,278
Supplies & Materials - - 103 - - 103 (103) - 75
Indirect Costs - - 3,113 - - 3,113 (3,113) - 4,911
Battle Creek Operating Total 70,000 58,333 5,497 - 62,923 68,420 (10,087) 81,000 73,821
FERC 537 - Hydraulic Expenses Total 70,000 58,333 5,497 - 62,923 68,420 (10,087) 81,000 73,821
FERC 538 - Electric Expenses
Electric Expenses
Battle Creek Operating
Labor & Benefits - - 6,660 - - 6,660 (6,660) - 10,507
Travel - - 8 - - 8 (8) - 85
Training - - 386 - - 386 (386) - 867
Contractual - - 104 - - 104 (104) - -
Supplies & Materials - - 327 - - 327 (327) - 184
Indirect Costs - - 7,642 - - 7,642 (7,642) - 11,814
Battle Creek Operating Total - - 15,128 - - 15,128 (15,128) - 23,457
FERC 538 - Electric Expenses Total - - 15,128 - - 15,128 (15,128) - 23,457
FERC 539 - Misc. Hydraulic Power Generation Expenses
Misc Hydro Power Exp
Battle Creek Operating
Labor & Benefits - - 2,623 - - 2,623 (2,623) - 4,197
Training - - - - - - - - 42
Contractual - - 12,577 - - 12,577 (12,577) - 10,529
Supplies & Materials - - 736 - - 736 (736) - 918
Other Costs - - 238 196 - 434 (434) - 2,836
Indirect Costs - - 3,579 - - 3,579 (3,579) - 5,578
Battle Creek Operating Total - - 19,753 196 - 19,949 (19,949) - 24,101
FERC 539 - Misc. Hydraulic Power Generation Expenses Total - - 19,753 196 - 19,949 (19,949) - 24,101
FERC 541 - Maintenance Supervision & Engineering
Maint Supervision/Eng
Battle Creek Operating
Labor & Benefits - - 3,458 - - 3,458 (3,458) - 5,120
Indirect Costs - - 4,695 - - 4,695 (4,695) - 6,803
Battle Creek Operating Total - - 8,154 - - 8,154 (8,154) - 11,923
FERC 541 - Maintenance Supervision & Engineering Total - - 8,154 - - 8,154 (8,154) - 11,923
FERC 542 - Maintenance of Structures
Maintenance of Structures
Battle Creek Operating
Labor & Benefits - - 2,265 - - 2,265 (2,265) - 3,242
Contractual - - 1,041 - - 1,041 (1,041) - 2,488
Supplies & Materials - - 537 - - 537 (537) - 470
Equipment, Furniture & Machinery - - 421 - - 421 (421) - 296
Indirect Costs - - 2,989 - - 2,989 (2,989) - 4,474
Battle Creek Operating Total - - 7,254 - - 7,254 (7,254) - 10,970
FERC 542 - Maintenance of Structures Total - - 7,254 - - 7,254 (7,254) - 10,970
FERC 543 - Maintenance of Reservoirs, Dams & Waterways
Maint Res, Dams, WWays
Battle Creek Operating
Labor & Benefits - - 98 - - 98 (98) - 73
Contractual - - - - - - - - 213
Indirect Costs - - 139 - - 139 (139) - 79
Battle Creek Operating Total - - 237 - - 237 (237) - 366
FERC 543 - Maintenance of Reservoirs, Dams & Waterways Total - - 237 - - 237 (237) - 366
FERC 544 - Maintenance of Electric Plant
Maintenance of Elec Plant
Battle Creek Operating
Labor & Benefits - - 8,204 - - 8,204 (8,204) - 12,941
Contractual - - 1,205 - - 1,205 (1,205) - 132
Supplies & Materials - - 1,506 - - 1,506 (1,506) - 1,248
Indirect Costs - - 11,262 - - 11,262 (11,262) - 17,850
ALASKA ENERGY AUTHORITY
Page 9 of 13
BATTLE CREEK OPERATIONS & MAINTENANCE
SCHEDULE F
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 04/30/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
04/30/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
ALASKA ENERGY AUTHORITY
Battle Creek Operating Total - - 22,177 - - 22,177 (22,177) - 32,171
FERC 544 - Maintenance of Electric Plant Total - - 22,177 - - 22,177 (22,177) - 32,171
FERC 545 - Maintenance of Misc. Hydraulic Plant
Maint of Misc Hydr Plant
Battle Creek Operating
Labor & Benefits - - 2,052 - - 2,052 (2,052) - 3,293
Contractual - - 993 - - 993 (993) - 303
Supplies & Materials - - 1,405 - - 1,405 (1,405) - 1,756
Equipment, Furniture & Machinery - - 3,458 - - 3,458 (3,458) - 49
Indirect Costs - - 2,812 - - 2,812 (2,812) - 4,508
Battle Creek Operating Total - - 10,720 - - 10,720 (10,720) - 9,909
FERC 545 - Maintenance of Misc. Hydraulic Plant Total - - 10,720 - - 10,720 (10,720) - 9,909
FERC 556 - System Control & Load Dispatching
System Cntl & Load Disp
Battle Creek Operating
Labor & Benefits - - 387 - - 387 (387) - 969
Contractual - - 194 - - 194 (194) - 6,273
Supplies & Materials - - 5 - - 5 (5) - 177
Battle Creek Operating Total - - 586 - - 586 (586) - 7,418
Snow Measurement
Battle Creek Operating
Contractual - - - - 400 400 (400) - 400
Battle Creek Operating Total - - - - 400 400 (400) - 400
Seismic Service
Battle Creek Operating
Contractual - - - - 1,317 1,317 (1,317) - 2,804
Battle Creek Operating Total - - - - 1,317 1,317 (1,317) - 2,804
Streamguaging Serv
Battle Creek Operating
Contractual 55,000 45,833 - - 46,530 46,530 (697) 45,000 67,062
Battle Creek Operating Total 55,000 45,833 - - 46,530 46,530 (697) 45,000 67,062
Permits
Battle Creek Operating
Other Costs - - - - 10 10 (10) - 10
Battle Creek Operating Total - - - - 10 10 (10) - 10
FERC 556 - System Control & Load Dispatching Total 55,000 45,833 586 - 48,257 48,842 (3,009) 45,000 77,693
FERC 562 - Station Expenses
Station Expenses
Battle Creek Operating
Labor & Benefits - - 580 1,608 - 2,188 (2,188) - 2,596
Travel - - - - 14 14 (14) - -
Contractual - - 1,129 57 - 1,185 (1,185) - 2,785
Supplies & Materials - - - 59 - 59 (59) - 482
Battle Creek Operating Total - - 1,709 1,723 14 3,446 (3,446) - 5,864
FERC 562 - Station Expenses Total - - 1,709 1,723 14 3,446 (3,446) - 5,864
FERC 571 - Maintenance of Overhead Lines
Maint of OH Lines
Battle Creek Operating
Labor & Benefits - - 1,825 - - 1,825 (1,825) - 1,641
Contractual - - - - - - - - 7,152
Supplies & Materials - - - - - - - - 46
Battle Creek Operating Total - - 1,825 - - 1,825 (1,825) - 8,838
FERC 571 - Maintenance of Overhead Lines Total - - 1,825 - - 1,825 (1,825) - 8,838
FERC 920 & 930 - Administrative Expense
AEA Bradley Fixed Admin Fees
Battle Creek Operating
Staff Professional Services (Direct)50,000 41,667 - - 42,486 42,486 (819) - 58,017
Travel - - - - 959 959 (959) - 162
Training - - - - 6 6 (6) - 31
Consulting-Administrative - - - - 665 665 (665) - 100
Supplies & Materials - - - - - - - - 203
Administrative Costs - - - - 2,823 2,823 (2,823) 43,000 3,379
Battle Creek Operating Total 50,000 41,667 - - 46,939 46,939 (5,272) 43,000 61,891
Operating Committee Exp-Audit
Battle Creek Operating
Administrative Costs - - - - 1,460 1,460 (1,460) - 1,355
Battle Creek Operating Total - - - - 1,460 1,460 (1,460) - 1,355
Operating Committee Exp-Legal
Battle Creek Operating
Administrative Costs 5,000 4,167 - - 4,513 4,513 (346) 5,000 7,042
Battle Creek Operating Total 5,000 4,167 - - 4,513 4,513 (346) 5,000 7,042
Operat Committee Exp-Arbitrage
Bradley Lake Operating
Administrative Costs - - - - - - - - 1,690
Bradley Lake Operating Total - - - - - - - - 1,690
Battle Creek Operating
Administrative Costs - - - - - - - 2,000 -
Battle Creek Operating Total - - - - - - - 2,000 -
Trust & Account Fees
Battle Creek Operating
Administrative Costs 5,500 4,583 - - 4,000 4,000 583 4,800 4,000
Battle Creek Operating Total 5,500 4,583 - - 4,000 4,000 583 4,800 4,000
Misc Admin
Battle Creek Operating
Administrative Costs 1,000 833 - - 569 569 264 100 567
Battle Creek Operating Total 1,000 833 - - 569 569 264 100 567
Professional Consultants
Page 10 of 13
BATTLE CREEK OPERATIONS & MAINTENANCE
SCHEDULE F
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 04/30/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
04/30/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
ALASKA ENERGY AUTHORITY
Battle Creek Operating
Labor & Benefits - - - - 20,209 20,209 (20,209) - 29,115
Travel - - - - - - - - 266
Contractual - - - - 1,889 1,889 (1,889) - (1,288)
Consulting-Administrative - - - - - - - - 186
Supplies & Materials - - - - - - - - 289
Other Costs - - - - - - - - 73
Battle Creek Operating Total - - - - 22,098 22,098 (22,098) - 28,641
FERC 920 & 930 - Administrative Expense Total 61,500 51,250 - - 79,578 79,578 (28,328) 54,900 105,186
FERC 924 & 925 - Insurance Premiums
Insurance Premiums
Battle Creek Operating
Administrative Costs - - 1,483 - 35,109 36,592 (36,592) - 44,104
Battle Creek Operating Total - - 1,483 - 35,109 36,592 (36,592) - 44,104
FERC 924 & 925 - Insurance Premiums Total - - 1,483 - 35,109 36,592 (36,592) - 44,104
FERC 923 - Outside Services Employed
Outside Services Employed
Battle Creek Operating
Consulting-Administrative - - - - 4,492 4,492 (4,492) - 17,274
Battle Creek Operating Total - - - - 4,492 4,492 (4,492) - 17,274
FERC 923 - Outside Services Employed Total - - - - 4,492 4,492 (4,492) - 17,274
FERC 928 - Regulatory Commission Expenses
FERC Admin Fees
Battle Creek Operating
Administrative Costs - - - - - - - - 5,254
Battle Creek Operating Total - - - - - - - - 5,254
FERC Related Prof Services
BRADLEY CONTRACTUAL ENGINEER-FERC LICENSE ISSUES
Administrative Costs - - - - 227 227 (227) - -
BRADLEY CONTRACTUAL ENGINEER-FERC LICENSE ISSUES Total - - - - 227 227 (227) - -
Battle Creek Operating
Administrative Costs - - - - 1,806 1,806 (1,806) - 10,695
Battle Creek Operating Total - - - - 1,806 1,806 (1,806) - 10,695
FERC 928 - Regulatory Commission Expenses Total - - - - 2,033 2,033 (2,033) - 15,948
O&M Allocation to Battle Creek 303,768 253,140 - - - - 253,140 236,473 -
Total Battle Creek Budget 490,268 408,557 102,607 1,919 232,405 336,932 71,625 417,373 473,557
Page 11 of 13
FY22 FY22 FY23 FY23 FY24 FY24
Amended Amended Amended
Budget Actuals Budget Actuals Budget Actuals
SSQ Line Access Documentation - 144,482 - 23,555 - -
SSQ Line Acquisition Costs - 2,026 - - - -
SSQ Soldotna-Qtz Ck 230kV Construction 750,000 91,051 - 441,262 - -
Total Non R&C Capital Purchases 750,000 237,559 - 464,817 - -
SSQ LINE CAPITAL PURCHASES NOT FUNDED BY R&C FUND
ALASKA ENERGY AUTHORITY
BRADLEY LAKE HYDROELECTRIC PROJECT
SSQ Line Capital Purchases
Schedule H
Expenses for the period 07/01/23 to 04/30/24
Page 12 of 13
ALASKA ENERGY AUTHORITY
SSQ LINE OPERATIONS & MAINTENANCE
SCHEDULE I
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 04/30/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
04/30/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
Summary by expense type
Staff Professional Services (Direct)15,000 12,500 - - 33,264 33,264 (20,764) 53,000 50,664
Labor & Benefits 50,000 41,667 - - - - 41,667 56,999 521
Contractual 175,000 145,833 - - - - 145,833 200,000 12,768
Permitting 40,000 33,333 - - 2,969 2,969 30,364 - -
Supplies & Materials 25,000 20,833 - - - - 20,833 25,000 2,808
Other Costs - - - - 1,250 1,250 (1,250) - 103,186
Equipment, Furniture & Machinery - - - - - - - - 29
Administrative Costs 2,000 1,667 - - 11,582 11,582 (9,915) 2,000 100,387
Total SSQ Line Budget 307,000 255,833 - - 49,064 49,064 206,769 336,999 270,363
FERC 540 - Rents
FERC Land Use Fee
SSQ Line Operating
Other Costs - - - - 1,250 1,250 (1,250) - 103,186
SSQ Line Operating Total - - - - 1,250 1,250 (1,250) - 103,186
FERC 540 - Rents Total - - - - 1,250 1,250 (1,250) - 103,186
FERC 556 - System Control & Load Dispatching
Permits
SSQ Line Operating
Permitting 40,000 33,333 - - 2,969 2,969 30,364 - -
SSQ Line Operating Total 40,000 33,333 - - 2,969 2,969 30,364 - -
FERC 556 - System Control & Load Dispatching Total 40,000 33,333 - - 2,969 2,969 30,364 - -
FERC 571 - Maintenance of Overhead Lines
Maint of OH Lines
SSQ Line Operating
Labor & Benefits 50,000 41,667 - - - - 41,667 56,999 521
Contractual 175,000 145,833 - - - - 145,833 200,000 12,768
Supplies & Materials 25,000 20,833 - - - - 20,833 25,000 -
Equipment, Furniture & Machinery - - - - - - - - 29
SSQ Line Operating Total 250,000 208,333 - - - - 208,333 281,999 13,318
FERC 571 - Maintenance of Overhead Lines Total 250,000 208,333 - - - - 208,333 281,999 13,318
FERC 920 & 930 - Administrative Expense
AEA Bradley Fixed Admin Fees
Battle Creek Operating
Staff Professional Services (Direct)- - - - 171 171 (171) - -
Battle Creek Operating Total - - - - 171 171 (171) - -
SSQ Line Operating
Staff Professional Services (Direct)15,000 12,500 - - 33,093 33,093 (20,593) 53,000 50,664
Supplies & Materials - - - - - - - - 2,417
Administrative Costs - - - - 9,582 9,582 (9,582) - 87,510
SSQ Line Operating Total 15,000 12,500 - - 42,674 42,674 (30,174) 53,000 140,590
General & Administrative Costs
Supplies & Materials - - - - - - - - 391
Administrative Costs - - - - - - - - 10,877
General & Administrative Costs Total - - - - - - - - 11,268
Trust & Account Fees
SSQ Line Operating
Administrative Costs 2,000 1,667 - - 2,000 2,000 (333) 2,000 2,000
SSQ Line Operating Total 2,000 1,667 - - 2,000 2,000 (333) 2,000 2,000
FERC 920 & 930 - Administrative Expense Total 17,000 14,167 - - 44,845 44,845 (30,679) 55,000 153,858
Total SSQ Line Budget 307,000 255,833 - - 49,064 49,064 206,769 336,999 270,363
Page 13 of 13
Source
Construction Funds
at 12/17/20
Investment
Expenses
Calculated Capital
Reserve at 12/17/20
Purchase of HEA
SSQ Line and 69kV
Remediation
Released from
Capital Reserve
Total Available
Funding
SSQ Line Series 10 Bond Proceeds 17,000,000 (225,252) (1,239,986) (13,566,179) 832,416 2,801,000
SSQ Line Bond Series 10 Funded Capital Projects Allocate Total Funding Project Budget Encumbered Total Actual Costs
(Over) / Under
Project Budget
(Over) / Under
Total Funding
SSQ Line - 69kV Remediation 1,239,490 - 1,239,490 (0)
SSQ Line Due Diligence Inspect/Repair O/S Fire ZNE 2,350 - 2,350 0
SSQ Line Sterling-Qtz Ck 230kV Construction 1,534,669 - 1,448,684 85,985
Soldotna-Sterling 230kV Construction 22,747 - 22,747 0
Bradley RPW - Bond Series 10 1,744 - 1,744 (0)
Total SSQ Line Projects 2,801,000 2,801,000 - 2,715,015 85,985 85,985
Source
Construction Funds
at 11/30/22
Investment
Expenses
Calculated Capital
Reserve at 11/30/22
Earnings (Interest
Income)
Released from
Capital Reserve
Total Available
Funding
Required Project Work Bond Series 11 Funding 166,013,134 (157,250) (12,454,346) 9,442,799 557,196 163,401,532
BESS Required Project Work Bond Series 11 Funded Capital
Projects Allocate Total Funding Project Budget Encumbered Total Actual Costs
(Over) / Under
Project Budget
(Over) / Under
Total Funding
BRADLEY HEA BESS Preliminary Study 35% 57,190,536 75,000 22,473 958 74,042 57,167,105
Total BESS Capital Projects 57,190,536 75,000 22,473 958 74,042 57,167,105
Transmission Required Project Work Bond Series 11 Funded
Capital Projects Allocate Total Funding Project Budget Encumbered Total Actual Costs
(Over) / Under
Project Budget
(Over) / Under
Total Funding
SSQ Line Sterling-Qtz Ck 230kV Construction - - 279,335 (279,335)
Soldotna-Sterling 230kV Construction - - 18,502 (18,502)
Bradley RPW - Bond Series 11 - - 64,628 (64,628)
Total Transmission Capital Projects 106,210,996 - - 362,466 (362,466) 105,848,530
Total Required Project Work 163,401,532 75,000 22,473 363,424 (288,424) 163,015,635
ALASKA ENERGY AUTHORITY
BRADLEY LAKE HYDROELECTRIC PROJECT
Capital Projects Funded by Bond Proceeds
Appendix A
04/30/24
85,985
105,848,530
NA 2,801,000
65% 106,210,996
Bradley Operation and Dispatch Committee Report
June 2024
Meeting Dates:
May 24 & June 07, 2024
Notable Discussions and Items:
Transmission Work and Islanding Length Discussion:
To clarify the O&D support and challenges of extended 115kV transmission work,
the O&D developed the attached resolution. This resolution was passed
unanimously at the June 7th committee meeting.
Water Tracking & Lake Level:
The Water-Year began on June1 with 25,206 MWh carried over from the prior Water-
Year. This is considered Water-At-Risk in the event spill occurs later in the year. Lake
levels began increasing on May 30th, which is notably later than normal.
Committee Assignments:
□ CEA continues work to address SCADA challenges to allow HEA wheeling capacity as
defined in the existing Bradley agreement.
□ CEA investigating methodology for placing units in condense mode.
• CEA provided a draft analysis following the June 7th meeting which indicates
value to the Railbelt when units are placed in condense.
□ BPMC approved - CEA & HEA investigating appropriate relay settings - $15k spend limit.
• HEA is currently collecting documents requested by CEA who will be helping
draft the scope of work a contractor will use to develop their relay
recommendations. Data collection is anticipated to be completed by June 21st.
Next Meeting:
July 19th at Bradley Lake