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Home My WebLink AboutPostStage4FundingAllocation_25M_010813Alaska Renewable Energy Fund Regional Summary Round 6 Ranking $25 million Allocation Post Stage 4 Regional Spread DRAFT 1/8/2013 Round 6 Energy Region Grant Funding % Total Aleutians $2,630,000 11% Bering Straits $1,744,789 7% Bristol Bay $1,191,000 5% Copper River/Chugach $2,463,809 10% Kodiak $0 0% Lower Yukon-Kuskokwim $1,201,550 5% North Slope $0 0% Northwest Arctic $985,805 4% Railbelt $0 0% Southeast $13,682,000 55% Yukon-Koyukuk/Upper Tanana $1,101,047 4% Statewide $0 0% TOTAL $25,000,000 100% Cumulative Rounds 1-6 Energy Region Total Rounds 1-6 Funding % of Total Funding Average cost power ($/kWh) Allocation cost of power basis Additional funding needed to reach 50% Aleutians $17,386,009 8%0.46 23,557,526 (5,607,246) Bering Straits $20,355,815 9%0.47 24,382,170 (8,164,730) Bristol Bay $11,514,491 5%0.53 27,579,498 2,275,258 Copper River/Chugach $17,673,075 8%0.34 17,460,506 (8,942,822) Kodiak $16,762,500 7%0.21 10,687,086 (11,418,957) Lower Yukon-Kuskokwim $27,542,252 12%0.56 28,879,143 (13,102,680) North Slope $2,502,912 1%0.16 8,502,090 1,748,133 Northwest Arctic $23,221,256 10%0.54 27,861,366 (9,290,573) Railbelt $24,384,054 11%0.16 8,364,017 (20,202,046) Southeast $52,523,386 23%0.15 7,594,119 (48,726,327) Yukon-Koyukuk/Upper Tanana $11,586,089 5%0.60 30,900,875 3,864,349 Statewide $565,439 0%0.20 10,248,882 TOTAL $226,017,278 100%226,017,278 Recommendation Recommendation Cost of Power Highlighted in blue indicates that the region does not meet the goal of 50% allocation based on relative cost of power.