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Kotzebue Electric Association Waste Heat Recovery & Power 5. Project Benefit 5.1. Environmental Benefits Environmental benefits and impacts of the project are based on reduction of hydrocarbon use, include reduced potential for fuel spills/contamination episodes in transport, storage, or use (thus protecting vital water and subsistence food sources), improved air quality, decreased contribution to global climate change from fossil fuel use, and decreased coastal erosion due to climate change. 5.2. Financial Benefits The avoided cost of diesel, based upon 2008 prices, will be $950,317 per year. 5.3. Non-Income Benefits Faced with the challenges of high costs, limited local employment options, and the need to support their families, rural Alaskans are being faced with the choice of leaving village life behind in order to relocate to larger cities in search of employment and affordable living. The proposed projects will offer new solutions for Alaska villages. With more affordable energy in the villages, more of our region’s households will be able to afford to stay in their communities, promoting community stability and wellness and helping to stem the tide of rural migration. Renewable Energy Fund Grant November 10th 2008 Page 45 of 48PDF Image | Alaska Energy Grant Renewable Energy
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