Electrical Power for Valdez and the Copper River Basin-1981

REVENUE/KWH (¢/KWH)YEAR VALDEZ GLENNALLEN TOTAL CVEAR C/I Total R C/I Total R C/I Total1970 N/A N/A 9.1 7.0 7.51971 8.4 6.2 6.8 9.9 8.1 8.6 9.1 7.1 7.61972 N/A N/A 9.0 7.3 7.81973 N/A N/A 8.9 7.1 7.61974 8.1 6.3 6.8 9.5 7.9 8.4 8.7 6.9 7.41975 7.6 6.2 6.6 10.5 9.3 9.7 8.6 7.1 7.61976 9.6 6.6 7.6 11.1 11.7 11.5 10.2 8.4 8.91977 9.4 7.7 8.3 1101 9.8 9.9 9.9 8.8 9.01978 10.8 9.3 9.7 12.5 11.5 11.7 11.4 10.4 10.61979 12.7 10.9 11.5 14.1 13.4 13.5 13.1 12.1 12.4Note: 1975 and 1976 include sllrcharge revenue--other years the surchargewas not separately specified.R = ResidentialC/I= Commercial/IndustrialThe annual generation cost rates are shown on the following table whichis a summary of Table VIII-3. These values were compiled from datasubmitted by the utility to the Alaska Public Utilities Commission(APUC). The annual investment cost was calculated using productionplant-in-service data times the capital recovery factor for 7.5 percentdiscount· rate and. assumed 20-year diesel generator life.Energy Production Expense Rates (¢/kWh)1974 1975 1976 1977 1978O&M Excluding Fuel 1.0 103 104 106 2.0O&M Including Fuel 3.2 3.9 4.1 4.7 5.2Investment Cost/Year 104 102 2.0 106 1.7Total Annual Cost 4.6 5.1 6.1 6.3 6.919792.16.31.88.1Data for 1977-1979 indicates about 55 percent of the total operation andmaintenance expenses, including fuel, occur at Valdez. In 1975, it was66 percent. Data for the other years is not available.The last line of the production expense table shows that total annualcosts had about a 15 percent average annual growth during the pipelineconstruction years. The average from 1974 through 1979 is 12 percent.A large increase in fuel cost occurred in 1979.16