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FundingAllocationStage3_25M_010813
Alaska Renewable Energy Fund Regional Summary Round 6 Ranking $25 million Allocation Post Stage 3 (Prior to Stage 4 Regional Spread) DRAFT 1/8/2013 Rounds 1-5 Awarded Funding as of 1/2/13 Energy Region Total Rounds 1-5 Funding % of Total Funding Aleutians $14,756,009 7% Bering Straits $18,611,026 9% Bristol Bay $10,323,491 5% Copper River/Chugach $15,209,266 8% Kodiak $16,762,500 8% Lower Yukon-Kuskokwim $26,340,702 13% North Slope $2,502,912 1% Northwest Arctic $22,235,451 11% Railbelt $24,384,054 12% Southeast $38,841,386 19% Yukon-Koyukuk/Upper Tanana $10,485,042 5% Statewide $565,439 0% TOTAL $201,017,278 100% Round 6 Even Split Energy Region Grant Funding % Total Average cost power ($/kWh) Allocation cost of power basis Additional funding needed to reach 50%% Total Allocation per capita basis Allocation per region basis Aleutians $2,630,000 11%0.46 2,729,492 (1,265,254)1.18%294,902 2,272,727 Bering Straits $1,744,789 7%0.47 2,825,039 (332,269)1.32%331,076 2,272,727 Bristol Bay $1,191,000 5%0.53 3,195,498 406,749 1.04%259,592 2,272,727 Copper River/Chugach $3,114,468 12%0.34 2,023,061 (2,102,937)1.28%318,857 2,272,727 Kodiak $0 0%0.21 1,238,259 619,130 1.28%319,133 2,272,727 Lower Yukon-Kuskokwim $1,201,550 5%0.56 3,346,081 471,491 3.48%870,685 2,272,727 North Slope $0 0%0.16 985,094 492,547 1.27%316,987 2,272,727 Northwest Arctic $985,805 4%0.54 3,228,157 628,273 1.01%252,150 2,272,727 Railbelt $0 0%0.16 969,097 484,548 74.91%18,726,443 2,272,727 Southeast $13,682,000 55%0.15 879,892 (13,242,054)9.26%2,315,457 2,272,727 Yukon-Koyukuk/Upper Tanana $450,388 2%0.60 3,580,329 1,339,777 0.93%233,560 2,272,727 Statewide $0 0%0.20 0 TOTAL $25,000,000 100%25,000,000 96.96%25,000,000 25,000,000 Cumulative Rounds 1-6 Even Split Energy Region Total Rounds 1-6 Funding % of Total Funding Average cost power ($/kWh) Allocation cost of power basis Additional funding needed to reach 50%% Total Allocation per capita basis Allocation per region basis Aleutians $17,386,009 8%0.46 23,557,526 (5,607,246)1.18%2,666,114 20,547,025 Bering Straits $20,355,815 9%0.47 24,382,170 (8,164,730)1.32%2,993,159 20,547,025 Bristol Bay $11,514,491 5%0.53 27,579,498 2,275,258 1.04%2,346,894 20,547,025 Copper River/Chugach $18,323,734 8%0.34 17,460,506 (9,593,481)1.28%2,882,683 20,547,025 Kodiak $16,762,500 7%0.21 10,687,086 (11,418,957)1.28%2,885,187 20,547,025 Lower Yukon-Kuskokwim $27,542,252 12%0.56 28,879,143 (13,102,680)3.48%7,871,594 20,547,025 North Slope $2,502,912 1%0.16 8,502,090 1,748,133 1.27%2,865,784 20,547,025 Northwest Arctic $23,221,256 10%0.54 27,861,366 (9,290,573)1.01%2,279,608 20,547,025 Railbelt $24,384,054 11%0.16 8,364,017 (20,202,046)74.91%169,299,989 20,547,025 Southeast $52,523,386 23%0.15 7,594,119 (48,726,327)9.26%20,933,333 20,547,025 Yukon-Koyukuk/Upper Tanana $10,935,430 5%0.60 30,900,875 4,515,008 0.93%2,111,548 20,547,025 Statewide $565,439 0%0.20 10,248,882 TOTAL $226,017,278 100%226,017,278 96.96%226,017,278 226,017,278 Recommendation Cost of Power Population Recommendation Cost of Power Population Highlighted in blue indicates that the region does not meet the goal of 50% allocation based on relative cost of power.