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.
![Page 1: Community Choice Energy In San Mateo County County CCE Advisory Committee May 28, 2015.](https://reader036.fdocuments.us/reader036/viewer/2022070407/56649e105503460f94afbb69/html5/thumbnails/1.jpg)
Community Choice EnergyIn San Mateo County
County CCE Advisory CommitteeMay 28, 2015
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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
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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.
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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
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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
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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
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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
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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
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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