Current system

See: Generation for more details of the current generation systems

Modeled wind power

Capital cost (total): $7,910,388

Capital cost (cost per kW): $7,319/kW

Lifetime energy cost savings: $11,616,602

Net lifetime savings: $3,706,214

Benefit-cost ratio: 1.5

Proposed nameplate capacity: 950 kW

Expected yearly generation: 2,663,040 kWh/year

Estimated wind class: 6

Estimated capacity factor: 0.32

Estimated wind penetration level: 61.78%

Notes: None

source: unknown

Point hope wind project 0

Capital cost (total): $3,112,231

Capital cost (cost per kW): Value not determined as capital cost of project was known

Lifetime energy cost savings: $10,513,192

Net lifetime savings: $7,400,961

Benefit-cost ratio: 3.4

Proposed nameplate capacity: 900 kW

Expected yearly generation: 2,522,880 kWh/year

Estimated wind class: 6

Estimated capacity factor: 0.32

Estimated wind penetration level: 56.14%

Notes: Grantee has not taken action to advance to construction phase

source: link

This component calculates the potential cost savings from changes in the amount of diesel fuel used for electricity generation from the installation of new wind power infrastructure.