Community Choice Energy In San Mateo County County CCE Advisory Committee May 28, 2015.
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Transcript of Community Choice Energy In San Mateo County County CCE Advisory Committee May 28, 2015.
Community Choice EnergyIn San Mateo County
County CCE Advisory CommitteeMay 28, 2015
Goals of a Countywide CCA Program
1. Lower greenhouse gas intensity than PG&E2. Lower electricity rates3. Priority on local power development, local energy programs and
minimal/no use of unbundled RECs4. Quantifiable and equitable economic development benefits; local
jobs, local business partnerships, low-income communities5. Different energy options, customer choice6. Stimulate growth of new renewable power development7. Promote energy conservation and demand reduction8. Foster community resilience; local ownership of energy resources9. Well managed, fiscally sound, publicly transparent organization10. Foster inter-jurisdictional cooperation, consumer benefit and local
business opportunity
Structure of Countywide CCE Program
Organizational Structure: Joint Powers Agency • Common legal structure for multi-jurisdictional programs• Creates a legal firewall between assets and liabilities of the JPA and those of
municipal general funds; municipalities protected from contract and program risk• Administrative overhead currently between 4-6% for existing JPAs• Local yet scalable approach to achieve community goals and objectives
Statutory/Regulatory Requirements • Load data/customer protections, enabling ordinance, implementation plan, utility
service agreement, customer enrollment, resource adequacy, renewable portfolio Standard (RPS) and other regulatory reporting.
Governance/Staffing • Local elected officials provide local accountability. Two-tier voting structure. Board
oversight of Agency operations, all revenues/expenses, power supply decisions, rate setting, and related energy programs. 10 – 20 staffers depending on size and scope.
Surplus Revenues • Can be leveraged for broad community benefit -- new energy and environmental
programs, local power development, held in reserves for long-term rate stabilization.
Elements of CCE Formation & Operations
1. Local Policy, State Statutory & Regulatory
Requirements
2. Community Engagement/Marketing
3. CCA Program & JPA Development
4. Technical – power procurement, rate-setting,
forecasting
5. Financial/Legal
Overview of SMC Formation Timeline
San Mateo County could launch a CCA by Q3 2016.
Phase 1 Phase 2
January -September 2015 Sept. 2015 - April 2016 May – September 2016
Pre-Planning & Due Diligence
Community Outreach; CCA Planning & Development
Preparing for Launch
• Internal planning team• Initial outreach to cities
and key stakeholders• Workshops & education• CCE technical study• Formation of CCE
advisory committee
• CCE Program design, JPA formation
• Public outreach• Local ordinances• Implementation Plan • RFP for Energy Services • JPA staffing/working
capital
• Energy supply and other service contracts
• Utility Service Agreement
• Regulatory registrations• Call Center & Customer
Enrollment
Phase 3
Proposed CCA Formation Budget
Phase I Phase II Phase III TOTALS:
Internal Planning; CCA JPA Development $60,000 $220,000 $100,000 $370,000
External Affairs/ Community Engagement $75,000 $350,000 $210,000 $635,000
Technical & Energy Services
$150,000-$160,000 $220,000 $80,000 $470,000
Financing Partner(s) $5,000 $10,000 $10,000 $25,000
TOTALS $300,000 $800,000 $400,000 $1.5M*
* Includes ~$200,000 in contingency funding
County is sponsoring start-up investment; all start-up costs are recoverable through early CCE revenues
Existing CCE Financial Conditions
Both Marin and Sonoma’s programs are fiscally sound; All financials are audited/public
MCE (FY15-16 Budget) SCP (FY15-16 Budget)
Total Revenue $145,933,000 $165,495,000
Expenses $141,433,000 $148,588,000
Cost of Energy $129,522,000 $130,100,000
Cost of Administration 4% 3.5%
Net Increase in Reserves
$4,500,000 $16,907,000
Accomplishments Thus Far
Focused outreach to all 20 cities; unanimous participation in Countywide Technical Study
Formed internal staff + consultant team to manage process Unanimous Board agreement to fund CCA program development Robust community engagement: Stakeholder database, e-notifications,
website, educational workshops and community events First Advisory Committee meeting on May 28 Technical Study underway in June Return to BOS in early September for study results and Phase II funding
Next Up Through August
Technical Study Load analysis/demand forecast, can program be price competitive; can
program significantly reduce GHGs, projected rates 10 years out; power supply options; projected economic devt impacts
Evaluation of program options
Advisory Committee Mtgs – continued education, prep for Phase II
Continued local government, business and community outreach