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Home My WebLink AboutPostStage4FundingAllocation_50M_010813Alaska Renewable Energy Fund Regional Summary Round 6 Ranking $50 million Allocation Post 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 5%0.46 5,458,984 99,492 1.18%589,803 4,545,455 Bering Straits $1,819,789 4%0.47 5,650,079 1,005,250 1.32%662,153 4,545,455 Bristol Bay $1,334,000 3%0.53 6,390,996 1,861,498 1.04%519,185 4,545,455 Copper River/Chugach $6,574,000 13%0.34 4,046,122 (4,550,939)1.28%637,713 4,545,455 Kodiak $356,400 1%0.21 2,476,518 881,859 1.28%638,267 4,545,455 Lower Yukon-Kuskokwim $13,090,116 26%0.56 6,692,162 (9,744,035)3.48%1,741,370 4,545,455 North Slope $0 0%0.16 1,970,189 985,094 1.27%633,974 4,545,455 Northwest Arctic $1,232,905 2%0.54 6,456,313 1,995,252 1.01%504,299 4,545,455 Railbelt $5,513,274 11%0.16 1,938,193 (4,544,177)74.91%37,452,886 4,545,455 Southeast $14,379,700 29%0.15 1,759,785 (13,499,808)9.26%4,630,914 4,545,455 Yukon-Koyukuk/Upper Tanana $3,069,816 6%0.60 7,160,658 510,513 0.93%467,121 4,545,455 Statewide $0 0%0.20 0 TOTAL $50,000,000 100%50,000,000 96.96%50,000,000 50,000,000 Cumulative Rounds 1-6 Even Split Energy Region Total Rounds 1-6 Funding % of Total Funding Average cost power ($/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 7%0.46 26,163,248 (4,304,385)1.18%2,961,016 22,819,753 Bering Straits $20,430,815 8%0.47 27,079,106 (6,891,262)1.32%3,324,235 22,819,753 Bristol Bay $11,657,491 5%0.53 30,630,094 3,657,556 1.04%2,606,487 22,819,753 Copper River/Chugach $21,783,266 9%0.34 19,391,830 (12,087,351)1.28%3,201,540 22,819,753 Kodiak $17,118,900 7%0.21 11,869,196 (11,184,302)1.28%3,204,321 22,819,753 Lower Yukon-Kuskokwim $39,430,818 16%0.56 32,073,494 (23,394,071)3.48%8,742,279 22,819,753 North Slope $2,502,912 1%0.16 9,442,515 2,218,345 1.27%3,182,771 22,819,753 Northwest Arctic $23,468,356 9%0.54 30,943,140 (7,996,786)1.01%2,531,757 22,819,753 Railbelt $29,897,328 12%0.16 9,289,169 (25,252,743)74.91%188,026,432 22,819,753 Southeast $53,221,086 21%0.15 8,434,112 (49,004,030)9.26%23,248,790 22,819,753 Yukon-Koyukuk/Upper Tanana $13,554,858 5%0.60 34,318,852 3,604,568 0.93%2,345,108 22,819,753 Statewide $565,439 0%0.20 11,382,521 TOTAL $251,017,278 100%251,017,278 96.96%251,017,278 251,017,278 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.