Federal award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Grid Deployment Office - Other Direct Funding Mechanisms/Identified Transactions to

Kodiak Electric Association, Inc.

This Project Will Receive an Incentive Payment for 44,516,000 Kilowatt-hours of Hydroelectricity Generated and Sold During Calendar Year 2023 at the Terror Lake Hydroelectric Project - Third Unit in Alaska. the Third Unit Added a Third Vertical-shaft Pelton Turbine Rated at 15,087 Horsepower to 2 Units of 15,666 Horsepower Each at the Kizhuyak River in February 2014.

Committed

$1.0 Million

Paid to

UEI T991W7L2NHE9

1614 Mill Bay RD, Kodiak, AK, 99615

Department of Energy

Place

KODIAK, AK, UNITED STATES

AK-00

Performance

Jan 1, 2023 → Dec 31, 2023

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Department of Energy

Grid Deployment Office - Other Direct Funding Mechanisms/Identified Transactions to

Kodiak Electric Association, Inc.

Committed

$1.0 Million

Paid to

Kodiak Electric Association, Inc.

UEI T991W7L2NHE9

1614 Mill Bay RD, Kodiak, AK, 99615

Department of Energy

Place

KODIAK, AK, UNITED STATES

AK-00

Performance

Jan 1, 2023 → Dec 31, 2023

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗