Federal grant · project grant (b)
The Metlakatla Indian Community (MIC) With Its Tribal Electric Utility, Metlakatla Power and Light (MP&L), Will Install One Direct Drive Wind Turbine With Approximate Capacity of 1.85 Megawatts (MW) on Annette Islands Reserve (AIR) Outside the Town of Metlakatla, Alaska. the Direct Drive Turbine Will Produce Approximately 4.15 Million Kilowatt Hours (KWH) of Electricity Per Year. Energy From This Installed Wind Turbine Will Displace Diesel Generation Currently Used to Provide Energy to About 245 Tribal Facilities and Approximately 707 Residential Consumers. This Will Save Roughly $0.35 Per KWH on an Average 2.6 Million KWH Generated by Diesel, for an Estimated Savings of $910,000 Annually. Excess Generation of Approximately 1.55 Million KWH Will Be Sold to Neighboring Utilities at Roughly $0.055/KWH, Creating an Estimated $85,000 of Revenue Annually. the Result Is a Weighted Average Value of Roughly $0.24/KWH for All Wind Energy Generated Which Translates to a Six-year Simple Payback Period for This Project.
Committed
$5.0 Million
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