HomeMy WebLinkAboutRexburg_Rapids_CHP_Analysis_2tie_20190708_man_v1.5Customer Rexburg Rapids Water Park
Site Location Idaho, US
Estimate Date 7/8/2019
Estimator Nolan Hill
Dealer Highland West Energy
YES Proforma Rev.10.16
System Output Unavailable 8,760 Payback
5 kW Units Non 100%Project Term
10 kW Units Yes 100%
35 kW units Load Follow 88%Cum. Savings
Rated Temp
Max. Heat Recovery 2.04 Btu/hr
Gas Consumption (LHV)3.67 thm/hr Hardware Price $78,994 2,257 $/kW
Gas Consumption (HHV)4.11 thm/hr $2,300.00 66 $/kW
Installation Price $75,000 1,571 $/kW
Electric Savings $17,432 240,340 kWh Sales Tax $0 0.00%
Avoided Electric Rate Thermal Energy Savings $19,929 35,748 thrm/hr YES Product Protection Package $0 0.00 ¢/kWh
Electric Escalation Rate Generation Gas Cost ($17,660)31,677 thm/hr Tax Credit $0 N/A
Heating Fuel Rate $0.56 thm/hr Loan Payment N/A Incentives/Equipment Offset $0 0 $/kW
mCHP Gas Rate $0.56 thm/hr Net Savings $19,702 Net Installed Cost $156,294 4,465 $/kWh
Gas Escalation Rate
Current Heating System
Current Heating Efficiency 50 %
Loan Term
Monthly Rate Factor
Financed Amount
Estimated Loan Payment
Year 0 1 2 3 4 5 6 7 8 9 10
Capital Cost (Hardware, Shipping, & Install) ($156,294)
($2,600)
$17,432 $17,868 $18,315 $18,773 $19,242 $19,723 $20,216 $20,722 $21,240 $21,771
($17,660)($17,748)($17,837)($17,926)($18,016)($18,106)($18,196)($18,287)($18,379)($18,471)
$19,929 $20,029 $20,129 $20,230 $20,331 $20,432 $20,535 $20,637 $20,740 $20,844
Annual Maintenance
Electric Savings
Generation Fuel Cost
Thermal Fuel Savings
MACRS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
$17,101 $17,471 $17,849 $15,077 $18,632 $19,037 $19,453 $16,532 $20,043 $20,758Cash flow ($156,294)
Cumulative Cash flow ($156,294)($139,193)($121,722)($103,873)($88,796)($70,164)($51,127)($31,674)($15,142)$4,901 $25,659
Year 11 12 13 14 15 16 17 18 19 20
$22,315 $22,873 $23,445 $24,031 $24,631 $25,247 $25,878 $26,525 $27,188 $27,868
($18,563)($18,656)($18,749)($18,843)($18,937)($19,032)($19,127)($19,223)($19,319)($19,415)
Annual Maintenance
Electric Savings
Generation Fuel Cost
Thermal Fuel Savings $20,948 $21,053 $21,158 $21,264 $21,370 $21,477 $21,585 $21,693 $21,801 $21,910
Cash flow $21,213 $10,270 $22,158 $22,646 $23,144 $19,975 $24,181 $24,706 $25,263 $30,363
Cumulative Cash flow $46,872 $57,142 $79,300 $101,946 $125,090 $145,065 $169,246 $193,952 $219,215 $249,578
Utility & Site Data
Tax Data
0.00%
7.2 ¢/kWh
2.50%
0.5%
N/A
N/A
0.00%
0.00%
Hitachi Financing
0 Years
0.0203
Customer Cash flow
All figures are presented to the best of our ability and knowledge of facts and forecasts and are non-binding to HWE. We are not financial advisors. Verification with an independent third party financial analysis expert is recommended. This document may contain statements concerning taxation. These statements or any other estimated amounts are provided for standard illustrative purposes. They
are not intended to constitute tax advice, and are not intended to be used or relied upon to avoid penalties. Consult your tax advisor for verification on your specific circumstance.
Project Costs
Financial Summary
8.7 Years
Year 1 Savings Summary
Customer Cash flow
29 kW
0
0
1 Gas Consumption Ratio
20 Years
$249,578
Nat. Gas
System Configuration System Operation Pattern
Electrical Utilization
Annual Hours of Operation
Thermal Utilization
Electric Output Ctrl
Designed Hot water Temp.
Net Metering
Schedule Operation
Heat Demand Ctrl
Estimated Shipping Costs
Valid until 8/8/1935 kW Combined Heat and Power 2 System Tie In
($2,678)($2,758)($6,000)($2,925)($3,012)($3,102)($6,540)($3,288)($3,386)
($3,487)($15,000)($3,696)($3,806)($3,920)($7,717)($4,155)($4,279)($4,407)
Total
($89,756)
$445,233
($370,490)
$417,458
$249,578
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
Cash Flow
Cash flow Cumulative Cash flow