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HomeMy WebLinkAboutR4 Regional Summary $25MAlaska Renewable Energy Fund Regional Summary Round 4 Ranking $25 million Allocation Preliminary 1/04/11 Rounds 1-3 Rounds 1-3 Grant Funding % of Total Funding Aleutians 11,593,784 6% Bering Straits 11,997,448 9% Bristol Bay 7,431,915 4% Copper River/Chugach 14,057,970 7% Kodiak 4,973,160 3% Lower Yukon-Kuskokwim 24,064,078 17% North Slope 1,266,912 1% Northwest Arctic 22,117,405 13% Railbelt 19,193,454 17% Southeast 20,211,588 17% Yukon-Koyukuk/Upper Tanana 12,128,901 5% Statewide 565,439 0% TOTAL 149,602,054 100% Round 4 Even Split Energy Region Grant Funding % Total Average cost power ($/kWh) Allocation cost of power basis Additional funding needed to reach 50%% total Allocation per capita basis Allocation per region basis Aleutians 198,150 1%0.51 3,085,536 1,344,618 1%328,074 2,272,727 Bering Straits 1,468,217 6%0.51 3,052,087 57,827 1%366,163 2,272,727 Bristol Bay 619,900 2%0.49 2,927,243 843,721 1%250,000 2,272,727 Copper River/Chugach 914,500 4%0.25 1,525,392 (151,804) 1%250,000 2,272,727 Kodiak 3,989,340 16%0.17 1,048,218 (3,465,231) 1%250,000 2,272,727 Lower Yukon-Kuskokwim 1,216,619 5%0.61 3,653,618 610,190 4%933,343 2,272,727 North Slope 210,000 1%0.14 835,470 207,735 1%297,248 2,272,727 Northwest Arctic 420,000 2%0.59 3,557,775 1,358,887 1%262,911 2,272,727 Railbelt 6,459,752 26%0.16 968,310 (5,975,597) 76%18,939,765 2,272,727 Southeast 8,306,258 33%0.15 931,081 (7,840,718) 11%2,750,000 2,272,727 Yukon-Koyukuk/Upper Tanana 1,197,264 5%0.57 3,415,269 510,371 1%372,498 2,272,727 Statewide - 0%0.20 - TOTAL 25,000,000 100%0.20 25,000,000 100%25,000,000 25,000,000 Cumulative Rounds 1-4 Even Split Energy Region Total Rounds 1-4 Funding % of Total Funding Average cost power ($/kWh) Allocation cost of power basis Additional funding needed to reach 50%% total Allocation per capita basis Allocation per region basis Aleutians 11,791,934 7%0.51 20,567,744 (1,508,062) 1%2,291,296 15,872,914 Bering Straits 13,465,665 8%0.51 20,344,779 (3,293,275) 1%2,557,313 15,872,914 Bristol Bay 8,051,815 5%0.49 19,512,583 1,704,476 1%1,746,021 15,872,914 Copper River/Chugach 14,972,470 9%0.25 10,168,043 (9,888,449) 1%1,746,021 15,872,914 Kodiak 8,962,500 5%0.17 6,987,274 (5,468,863) 1%1,746,021 15,872,914 Lower Yukon-Kuskokwim 25,280,697 14%0.61 24,354,496 (13,103,449) 4%6,518,541 15,872,914 North Slope 1,476,912 1%0.14 5,569,124 1,307,650 1%2,076,003 15,872,914 Northwest Arctic 22,537,405 13%0.59 23,715,620 (10,679,595) 1%1,836,193 15,872,914 Railbelt 25,653,206 15%0.16 6,454,616 (22,425,898) 76%132,276,875 15,872,914 Southeast 28,517,846 16%0.15 6,206,452 (25,414,620) 11%19,206,226 15,872,914 Yukon-Koyukuk/Upper Tanana 13,326,165 8%0.57 22,765,697 (1,943,316) 1%2,601,555 15,872,914 Statewide 565,439 0%0.20 7,955,624 TOTAL 174,602,054 100%0.20 174,602,054 100%174,602,054 174,602,054 (Highlighted in blue indicates additional allocations needed to reach the 50% goal of regional spread) Recommendation Cost of Power Population Recommendation Cost of Power Population