
Speaker A
68:52 - 69:21
"74% Paid for and enables the load and enables us to sell the power in the future date. The project goes over 48 months. So, with the first year, it would be the engineering and the planning, and the years 1, 2, and 3 would be the construction and the commissioning in the very last year."
“74% Paid for and enables the load and enables us to sell the power in the future date. The project goes over 48 months. So, with the first year, it would be the engineering and the planning, and the years 1, 2, and 3 would be the construction and the commissioning in the very last year.”
Okay. And so this is where the heavy dollars do the lifting. 74% Paid for and enables the load and enables us to sell the power in the future date. The project goes over 48 months. So, with the first year, it would be the engineering and the planning, and the years 1, 2, and 3 would be the construction and the commissioning in the very last year.
Ketchikan City Council voted Friday to authorize applying for a $23 million U.S. Department of Energy grant that would upgrade the city's 34-kV transmission backbone, increase capacity from 20 to 35 megawatts, and enable future shore power for cruise ships, with the federal government covering 74% of project costs.
