USVI Public Records

Document text

VIWAPA Transformation Plan RECOVER . REBUILD . RESTORE March 25, 2022 VIWAPA 5-Year Transformation Plan FY 2020-2024 The Authority’s 5-year transformation plan is designed to improve the reliability and efficiency of our operations by continuing our disaster recovery initiatives, rebuilding and improving our electrical and water infrastructure, and restoring our commitment to the community. Transformation Plan (FY 2020 – 2024) Mitigation Projects • Underground projects – 50% of customers will have underground power. • Composite pole projects in STX, STJ, STT and Water Island. • Substation Upgrades, Submarine Cables, AMI Network Hardening. • St. John Emergency Generators and Microgrid Projects. Maximize Renewables with Battery Storage • Currently 4 MW Utility Scale (STX) • Target 25% Renewable Penetration by FY2024 • 5 MW Utility Scale Solar Generation (STT) • 20 MW of solar generation on STX and 20 MW of battery storage • 15 MW of wind generation on STT and 30 MW of battery storage Efficient Generation • The Authority’s generation fleet will be upgraded to smaller, more efficient and renewable compatible generators using clean burning propane as primary fuel. Improved Resiliency Improved Efficiency Greater Renewable Penetration Hazard Mitigation Projects STX / STJ / STT / WI • Harden Remaining Overhead System • Lightly Populated Areas • Terrain Prohibitive Areas STX / STJ / STT • Primary Backbones • Critical Facilities • Densely Populated Areas STX / STT • Replace aging units with smaller more efficient generators per IRP • Install Battery storage at Generation Site STJ / STT / STX • Integrate solar & wind • Install smart controls • Install Battery Storage Underground Infrastructure Composite Poles New Generation Renewable Energy Disaster Recovery Funding to Date FED AGENCY PROGRAM OBLIGATED AMOUNT EXPENDED AVAILABLE FEMA 406 $ 1,442,724,250.09 $ 1,032,467,149.33 $ 410,257,100.75 FEMA 404 $ 7,217,444.00 $ - $ 7,217,444.00 HUD CDBG-DR $ 84,152,141.20 $ 42,112,457.06 $ 42,039,684.14 TOTAL $ 1,534,093,835.29 $ 1,074,579,606.39 $ 459,514,228.90 REVENUE ESTIMATE SNAPSHOT NUE ESTIMATE SNAPSHOT VIWAPA – Electric System REVENUE BREAKDOWN Revenue Category Project Count (If Applicable) Est. Revenue Fiscal Year Randolph Harley New Generation Project 1 $ 862,650.00 2023 Composite Pole Installation 3 $4,001,334.12 2023 Microgrid Projects 3 $5,291,821.99 2023 Composite Pole Installation 3 $ 426,805.61 2024 Undergrounding Projects 5 $3,345,630.32 2024 Undergrounding Projects 8 $5,077,971.29 2024 FY23 and FY24 Total Estimated Revenue Revenue Summary FY23: $18,686,902.40 Highlight 1: Composite Pole Installation Highlight 2: Randolph Harley New Generation FY24: $ 4,303,685.93 Highlight 3: Undergrounding Highlight 4: Microgrid Electric System Budgeted/Forecasted Capital Projects * Includes internal capitalized labor 0.00 50,000,000.00 100,000,000.00 150,000,000.00 200,000,000.00 250,000,000.00 300,000,000.00 350,000,000.00 400,000,000.00 FY 2023 Project Cost FY 2024 Project Cost Electric System Major Capital Projects Projects Proposed Start Date Reliability Efficiency Improvements System Improvements Fiscal Year 2023 Project Cost Fiscal Year 2024 Project Cost Composite Poles Installation STT January-24 x x 15,749,868.98 1,312,489.08 Composite Pole Installation STJ May-24 x x 23,476,774.92 7,223,623.06 Composite Pole Installation STX December-23 x x 40,800,038.55 Randolph Harley New Generation - Phase II January-23 x 17,253,000.00 Cruz Bay 8E Undergrounding March-24 x x 17,898,889.03 14,913,333.66 St. John Underground 9E May-24 x x 44,750,000.00 35,800,000.00 STJ Microgrid Phase II PV Array and BESS March-23 x x x 9,990,000.00 Estate Richmond New Generation April-24 x x 69,062,500.00 10,625,000.00 STX West Microgrid - Solar, BESS and Wind October-23 x x 82,105,263.20 STT East Microgrid - (Wind) and BESS May-23 x x 13,741,176.52 Hannah's Rest Undergrounding Project January-23 x x 4,214,285.71 Smithfield Undergrounding Project January-23 x x 12,642,857.10 STT Feeder 5A Undergrounding June-23 x x 1,876,666.66 STT Feeder 9A Undergrounding July-23 x x 4,704,000.00 STT Feeder Ridge Road/L#-0D0E2 Undergrounding June-24 x x 5,545,454.55 6,654,545.46 STT Feeder 7B/9B Undergrounding April-21 x x 720,000.00 1,872,000.00 STT Feeder 7C Undergrounding to Cassi Hill June-24 x x 9,207,272.73 7,672,727.27 Totals $ 373,738,047.95 $ 86,073,718.53 TERRITORY MITIGATION & REHABILITATION PROJECTS -WATER St.Croix • Christiansted & Frederiksted Rehabilitation • Clifton Hill Rehabilitation • Hannah’s Rest Rehabilitation • Campo Rico Rehabilitation • Strawberry & Baron Stop Waterline • System Wide Water Line Replacement • Concordia to Kingshill Waterline Rehabilitation • Richmond to Concordia Waterline Rehabilitation • Kingshill Waterline Rehabilitation St. Thomas • Anna’s Retreat Waterline Extension • Slope Stabilization • Smith Bay & Frydendahl Waterline Extension Nazareth Waterline Extension • Bolongo Waterline Extension • Wintberg Waterline Extension FY23 and FY24 Total Estimated Revenue Revenue Summary FY23: $ 450,000.00 Highlight 1: EPA Drinking Water Capital Improvement Project (DWCIP) Grant Highlight 2: American Rescue Plan Act (ARPA) FY24: $1,217,054.00 Highlight 3: Housing & Urban Development (CDBG – MIT) Highlight 4: REVENUE BREAKDOWN Revenue Category Project Count (If Applicable) Est. Revenue Fiscal Year DWCIP 5 $450,000.00 2023 DWCIP 5 $134,012.00 2024 ARPA 2 $400,000.00 2024 CDBG-MIT 2 $683,042.00 2024 REVENUE ESTIMATE SNAPSHOT VIWAPA – Water System Water System Budgeted/Forecasted Capital Projects - 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 2023 2024 Water System Major Capital Projects Projects System Improvements Fiscal Year 2023 Project Cost Fiscal Year 2024 Project Cost Clifton Hill Waterline Rehabilitation (DPNR) Rehabilitation 2,000,000.00 480,250.00 Hannah’s Rest Waterline Rehabilitation (DPNR) Rehabilitation 2,000,000.00 700,000.00 Campo Rico Waterline Rehabilitation (DPNR) Rehabilitation 2,000,000.00 750,000.00 Blackbeard’s Hill Waterline Rehabilitation (DPNR) Rehabilitation 2,000,000.00 250,000.00 Mahogany Estate Waterline Rehabilitation (DPNR) Rehabilitation 1,000,000.00 500,000.00 Annas Retreat PH 2 Waterline Extension (HUD CDBG) Extension 5,760,850.00 Smith Bay & Frydendahl Waterline Extension (HUD CDBG) Extension 7,900,000.00 Veteran’s Drive Rehabilitation (ARPA) Rehabilitation 4,000,000.00 Nazareth Waterline Extension (ARPA) Extension 4,000,000.00 Totals $ 9,00,000.00 $24,341,100.00