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HomeMy WebLinkAboutItem No. 13 WCECC Aggreation ProgramText File City of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake-elsinore.org File Number: ID# 17-545 Agenda Date: 2/27/2018 Status: BusinessVersion: 1 File Type: ReportIn Control: City Council / Successor Agency Agenda Number: 13) Page 1 City of Lake Elsinore Printed on 2/22/2018 Page 1 of 2 REPORT TO CITY COUNCIL To:Honorable Mayor and Members of the City Council From:Grant Yates, City Manager Prepared by: Nicole Dailey, Senior Management Analyst Date:February 27, 2018 Subject:Western Community Energy Community Choice Aggregation Program Recommendation Receive and file. Background In 2002, the California legislature passed Assembly Bill 117 (this bill amended by Senate Bill 790 in 2011), which allows all cities, counties, or groups of cities and counties to provide electric service to customers currently served by Investor-Owned Utilities (IOUs) such as Southern California Edison (SCE). Community Choice Aggregation (CCA) is the legislative organization empowered to provide this service. California CCAs are customer opt-out programs that provide power supply, data management and behind the meter services, while the incumbent IOUs continue to provide transmission and distribution (wires) service. To summarize, CCAs allow cities and counties to aggregate their buying power to secure electrical energy supply contracts on a region-wide basis. In 2016, the Western Riverside Council of Governments (WRCOG) completed a Feasibility Study to explore the potential formation of a Community Choice Aggregation (CCA) and its potential benefits. Using conservative numbers and assumptions, this study indicated that forming a CCA would be favorable for the sub-region. Several local jurisdictions throughout California have or are currently exploring the formation of CCAs to lower energy costs and/or provide a “greener” energy supply. Western Community Energy CCA Program Page 2 of 2 Discussion Based on its Feasibility Study, WRCOG has developed a proposed CCA program called the Western Community Energy (WCE): Your Neighborhood Power Authority to serve interested communities in Western Riverside County. WRCOG’s program objectives include: Provide local control over programs, rates, and power supply/generation options. Provide consumers a choice in energy supply. Offer competitive utility rates. Provide economic development through implementation of renewable energy projects. WRCOG anticipates launching its WCE program in late 2018 with several participating jurisdictions. Initially, WRCOG will administer the WCE program while it establishes a Joint Powers Authority (JPA) and Governing Board. The City’s Energy Subcommittee, comprised of Mayor Natasha Johnson and Mayor Pro-Tem Steve Manos, have met with both WRCOG and SCE regarding the proposed program and/or CCAs. WRCOG staff will provide an informational presentation on WCE and respond to any questions from the City Council or members of the community at the meeting. Fiscal Impact There is no fiscal impact associated with this presentation. Exhibits A – PowerPoint Presentation B – Frequently Asked Questions for Local Governments W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M Community Choice Aggregation Program Summary Overview CITY OF LAKE ELSINORE COUNCIL MEETING February 27, 2017 1 W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 2 What is Community Choice Aggregation (CCA)? AB 117 allows local governments to provide electricity to customers as an alternative to the current energy provider (SCE) ANSWER HOW LOCAL ENERGY AGGREGATION WORKS Buying and building electricity supply Delivering energy, maintaining lines, billing customers Benefitting from affordable rates, local control, cleaner energy source CCA delivery UTILITY customer YOU W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 3 Why are jurisdictions participating in CCA’s? •Creates local control over programs, rates, power supply/generation options •Provides customers with choices •Lower / competitive rates and greener mix, if desired •Creates favorable economic development opportunities by offering energy at reduced rates ANSWER W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 4 The concept is NOT new MCE Clean Energy (includes Marin and Napa County and parts of Contra Costa Solana Counties Sonoma Clean Power (includes Mendocino County) Lancaster Choice Energy Clean Power San Francisco Peninsula Clean Energy (San Mateo County) Pico Rivera Innovative Municipal Energy Redwood Coast Energy Authority (Humboldt County) Silicon Valley Clean Energy (Santa Clara County) Town of Apple Valley OPERATIONAL CCA’S9 City of San Jacinto City of Solano Beach Coachella Valley East Bay Community Energy (Alameda County) Los Angeles Community Choice Monterrey Bay Community Power City of Rancho Mirage Sierra Valley Energy (Placer County) Riverside County unincorporated Valley Clean Energy Alliance (Yolo County, Cities of Davis and Woodland 2018 LAUNCH10 Butte County City of Corona City of Hermosa Beach City of San Jose Inyo County Kings County Nevada County WRCOG San Diego County San Joaquin County Tri-County (San Luis Obispo, Santa Barbara, and Ventura Counties EXPLORING11+ W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 5 Current process for how electricity gets to you? HOW LOCAL ENERGY AGGREGATION WORKS Buying and building electricity supply Delivering energy, maintaining lines, billing customers Benefitting from affordable rates, local control, cleaner energy source SCE delivery SCE customer YOU W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 6 What would a CCA do? HOW LOCAL ENERGY AGGREGATION WORKS Buying and building electricity supply Delivering energy, maintaining lines, billing customers Benefitting from affordable rates, local control, cleaner energy source CCA delivery SCE customer YOU W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 7 Do CCA’s save money for consumers? •Marin and Sonoma County (SCP) residents saved $6 million in utility costs combined in 2014 •City of San Rafael saved $47,000 in its municipal facility utility costs the first year (3% savings from PG&E) •SCP was net positive in 60 days. After 18 months, reserve built up to $36 million •For WCE (our) region, feasibility study indicates that savings to consumers could be up to approximately $30 million annually depending on the number of jurisdictions participating ANSWER W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 8 What are the potential residential savings? ANSWER ~2% Savings –Residential $16.83 per year = $2,474,336 for 147,000 residential units $16.83 per year = ~$306,000 for Lake Elsinore residential units (~18,000) ~4% Savings –Residential $33.66 per year = $4,948,673 for 147,000 residential units $33.66 per year = ~$612,000 for Lake Elsinore residential units (~18,000) Is it worth the effort? ANSWER •Yes ~2% Savings in 10 years = $24+ million (residential only) ~4% Savings in 10 years = $49+ million (residential only) W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 9 What would my bill look like if I was a CCA customer? ANSWER W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M Revenue and Expenses Summary (millions)CY 2019 CY 2020 Total Electric Sales Revenues $126.0 $133.1 Operating Expenses Power Supply $93.2 $101.3 SCE Fees, Billing and Data Management $2.7 $2.7 Staffing, General & Admin $1.5 $1.4 Debt Service $2.1 $0.2 Total Operating Expenses $99.5 $105.6 Operating Reserves $8.4 $9.0 CCA Program Surplus $18.1 $18.5 Cumulative Program Surplus $26.7 $45.2 •Revenues include rate savings of 2% vs. SCE 2018 rates Proforma Summary W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 11 How will it work? Must all residents and businesses participate? •Per state law, CCA is an “opt out” program –once City joins, it is joining on behalf of its residents and businesses •CCA required to notify consumers 2 times prior to program launch and 2 times after program launch •Provides consumers an opportunity to opt out if they wish •After that, customers can still opt out at any time •Customers can opt-out / join at any time ANSWER W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 12 Will I be able to compare CCA vs. SCE rates? •Yes •Annual statement provided to customers •Prepared mutually by the CCA and the utility (SCE) •Provides comparison of energy bills •Annual rate comparisons will be posted on WCE’s website ANSWER W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 13 What are additional CCA benefits? •Enhance existing SCE Programs: 1.Income Qualified Programs 2.Comprehensive Mobile/Manufactured Home Program 3.CARE and FERA program outreach and incentives 4.Demand Response outreach programs 5.Flex Alert outreach 6.Commercial/Municipal Direct Install Programs ANSWER •Develop new Energy programs, initiative pilots: 1.Incentive and support electric vehicle (EV) and EV infrastructure deployment 2.Develop and pilot Innovative energy measures/projects: a)Energy Storage (Batteries) b)Thermal Storage (Ice, natural gas) c)Existing building Weatherization products 3.Micro-grid development/support 4.Zero Net Energy incentives/development/support 5.School and Community Energy outreach/education programs 6.LED Holiday Light Exchange Programs 7.Residential LED Light exchange program W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 14 What are the risks? •Legislation and regulatory changes •Increased energy costs •Decrease in SCE generation charges ANSWER How can the risks be minimized? •Active engagement with State agencies •Due diligence in contract management and oversight •Creation of a rate stabilization fund ANSWER W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 15 What are start-up the costs? •~$4 million •WRCOG will cover these costs or WCE (once established) can take out a loan •Start-up costs would be recouped by revenues realized during the first year of operation and would be returned to WRCOG or applied towards loan repayment ANSWER W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 16 How do cities join? •Council action to join the JPA •Council holds public hearing for CCA ordinance ANSWER What happens next? •Once a few cities have joined the JPA (~2.2 m MWh) •Staff begins to engage outreach to the Community •Conduct 1st WCE Board meeting •Adopt Implementation Plan at 2nd WCE Board meeting •Staff submits Plan to CPUC ANSWER What are City staff impacts? •Provide information at front counters •Direct any phone calls to WCE staff ANSWER W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M 17 Next steps and draft timetable DEVELOP AND BEGIN IMPLEMENTING MARKETING STRATEGYJuly 2017 DETERMINE WHO IS “IN”Ongoing FORM NEW JPA HOUSE AND THE CCAOngoing JURISDICTIONS PASS ORDINANCE TO JOIN March 2018+ ESTABLISH INITIAL GOVERNING BOARDApril 2018 DEVELOP IMPLEMENTATION PLAN FOR CPUC FILINGApril 2018 TRANSMIT OPT-OUT NOTICES TO CCA CUSTOMERS May –Sept. 2018 POTENTIAL LAUNCH PHASE 1 (~170,000 accounts)October 2018 W E S T E R N C O M M U N I T Y E N E R G Y A C O M M U N I T Y C H O I C E A G G R E G A T I O N P R O G R A M Contacts RICK BISHOP Executive Director 951-405-6701 rbishop@wrcog.us BARBARA SPOONHOUR Director of CCA Development 951-405-6760 bspoonhour@wrcog.us TYLER MASTERS Program Manager 951-405-6732 tmasters@wrcog.us FAQ: LOCAL GOVERNMENTS WESTERN COMMUNITY ENERGY1 Western Riverside Council of Governments 3390 University Avenue, Suite 450 | Riverside, CA 92501 www.wrcog.us | (951) 405-6760 WRCOG is developing a Program, Western Community Energy (WCE), which will provide the community a choice in the energy supply it receives, enable local control over rate setting and customer programs, and offer rates competitive to Southern California Edison (SCE). In 2016, WRCOG completed a Feasibility Study to identify the potential benefits of implementing a Community Choice Aggregation (CCA) Program. Using conservative numbers and assumptions, the Feasibility Study indicates a CCA will reduce costs, yield positive environmental impacts, and increase local control. The Program will give residents and business owners control over their rates, power supply and generation options. A CCA will also offer local investment opportunities, compounding the economic benefits of the Program throughout the community and economy as a whole. WCE is anticipated to launch in late 2018 with five or six jurisdictions, representing over 160,000 residential and commercial accounts. Initially, the Western Riverside Council of Governments (WRCOG) will administer WCE while it establishes its Joint Powers Authority (JPA) and Governing Board. Frequently Asked Questions for Local Governments WESTERN COMMUNITY ENERGY HAS ECONOMIC AND ENVIRONMENTAL BENEFITS PROGRAM OBJECTIVES 1. Provide local control over programs, rates, power supply/generation options. 2. Provide consumers a choice in energy supply. 3. Offer competitive utility rates. 4. Provide economic development through implementation of renewable energy projects. FAQ: LOCAL GOVERNMENTS WESTERN COMMUNITY ENERGY2 Western Riverside Council of Governments 3390 University Avenue, Suite 450 | Riverside, CA 92501 www.wrcog.us | (951) 405-6760 What is a “Community Choice Aggregation” Program? ANSWER Community Choice Aggregation (CCA) enables local governments (alone or with others through a JPA) to buy electricity and offer it to customers in their communities. The electricity will still be distributed and delivered over the existing Southern California Edison (SCE) electricity lines. Essentially, a CCA provides consumers with choices in their energy sources instead of being locked into the choices and rates set by SCE. What is Western Community Energy? ANSWER Western Community Energy (WCE) will be a JPA that local governments can join to provide a choice of energy generation to its residents and businesses. What are the benefits of WCE? ANSWER 1. Consumers (residents and businesses) can choose what type of energy resources are serving the community. 2. Local elected officials will be in charge of energy resources, rate- setting, and administration, which provides local accountability and transparency. 3. Energy can be provided at lower and/or competitive rates through negotiation of energy prices below those offered by SCE. 4. Communities can spur economic development by investing in the development of local renewable energy production. Are there any CCAs in California? ANSWER Yes. There are eight CCA programs up and running in California: Marin Clean Energy, Sonoma Clean Power, Lancaster Choice Energy, CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, Silicon Valley Clean Energy, and Apple Valley Choice Energy. Are existing CCAs successful? ANSWER Yes. These CCAs are offering their customers 20-30% more renewable energy than the incumbent utility at prices that are competitive and in most cases lower than the utility rates. Marin and Sonoma are also procuring and co-developing in-state and local renewable resources and offering specialized energy programs designed for its local service areas. How would a local government join Western Community Energy? ANSWER A local government would take formal action to join the WCE JPA and then adopt an ordinance to participate. The 2nd reading to the ordinance could be waived. Templates are available Are all local governments in the subregion required to participate? ANSWER No. WCE does not have the authority to compel any local government to participate; any local government can choose to remain with SCE. A local government may also decide to join WCE after it has been established. Can a local government opt-out of a CCA after it joins? How does that work? ANSWER Yes. A member would have the ability to opt-out and could do so for only its municipal facilities or for its entire community. Who will manage WCE? ANSWER WRCOG will provide management and administrative services for the first three years of operation, or until the WCE Governing Board determines the JPA is prepared to take on full administration. What does WCE need to “start business”? ANSWER Once its Governing Board is established, WCE must prepare and submit an Implementation Plan to the California Public Utilities Commission (CPUC) for certification. What is an Implementation Plan? ANSWER The Implementation Plan outlines how WCE will function, set rates, purchase electricity, and carry out all other functions required under CPUC regulations. FAQ: LOCAL GOVERNMENTS WESTERN COMMUNITY ENERGY3 Western Riverside Council of Governments 3390 University Avenue, Suite 450 | Riverside, CA 92501 www.wrcog.us | (951) 405-6760 What start-up costs are needed? ANSWER Start-up costs (consultants, administration functions, legal, staffing, data management, etc.) are estimated to be between $3-7 million. WRCOG will cover these costs or WCE (once established) can take out a loan. Start-up costs would be recouped by revenues realized during the first year of operation and would be returned to WRCOG or applied towards loan repayment. What are the working capital requirements? ANSWER Power procurement is estimated to be between $21-50 million, depending on the number of WCE customers. Only 5-10% will be needed to cover the initial months of operations (billing, staffing, legal, and internal operations, etc.) until a revenue stream is established through customer utility bill payments. The remainder will accumulate over time in a reserve to build credit worthiness for WCE. The majority of the working capital funds can be realized from WCE bonding and/or securing a loan, which will be built into the rates. How have other CCAs dealt with working capital costs? ANSWER Existing CCAs in California secured loans for the initial capital and repaid the loans within the first three years. Are municipal General Funds at risk? ANSWER No. There is no risk to local government general funds. A CCA’s budget is completely separate from the general funds of participating local governments. Is this an “Opt-in” or an “Opt-out” Program? ANSWER California law states that CCAs are “Opt-out” Programs, meaning once a local government takes action, all the residents and businesses will be automatically enrolled in the CCA. Residents can choose to opt-out at any time and stay with SCE. What if a jurisdiction joins the CCA but individual businesses or residents desire to stay with SCE? ANSWER Every customer can choose to remain with SCE for their energy supply. State law requires that customers receive several notifications so they can “opt-out” and remain with SCE at no charge, both before and just after a CCA Program launches. All customers can choose which electricity provider is best for them. Will customers be able to switch back and forth between WCE and SCE? ANSWER Yes. Pursuant to state law, once a CCA becomes active, all customers are automatically transferred under the CCA. However, customers may go back to SCE at any time. SCE may charge a fee to accept the customers back and will require the customers to stay with SCE service for one year. What if customers don’t want their energy provided by WCE and just want to stay with SCE? ANSWER Every customer can choose to remain with SCE for both power resources and delivery. State law requires that customers receive several notifications so they can “opt-out” and remain with SCE at no charge, both before and just after WCE launches. All customers will now have a choice in which electricity provider is best for them. Does SCE have a say in whether or not a CCA can be formed? ANSWER No. What is SCE’s role in WCE? ANSWER SCE will: • Continue to own and operate the distribution lines. • Be responsible for the reliable and safe delivery of electricity to the customer. • Continue metering services. • Continue meter reading and usage data acquisition. • Handle billing and payment services. • Provide customer care and account maintenance. FAQ: LOCAL GOVERNMENTS WESTERN COMMUNITY ENERGY4 Western Riverside Council of Governments 3390 University Avenue, Suite 450 | Riverside, CA 92501 www.wrcog.us | (951) 405-6760 What will WCE do? ANSWER WCE will: • Procure and provide the generation portion of customer electricity needs. • Ensure that power generated is delivered to the necessary grid location required to service the customers. • Comply with the Resource Adequacy and Renewable Portfolio Standards (RPS) requirements. • Respond to customer inquiries regarding energy supply, management, and oversight of WCE. What role does the CPUC have in a CCA? ANSWER The CPUC has limited jurisdiction over CCA operations. The CPUC will certify WCE’s Implementation Plan and ensure WCE is meeting its Renewable Portfolio Standards (RPS) requirements. WCE must annually file proof of resource adequacy / capacity and submit a number of regulatory reports to other agencies. The CPUC will oversee the relationship between SCE and WCE. You say that WCE can provide energy at lower cost, but how can I know for sure? ANSWER The CCA Feasibility Study prepared for Western Riverside County concluded that a CCA could offer cost savings as compared to SCE. While there is no guarantee, other CCAs operating in California are experiencing savings compared to their respective investor owned utilities (IOUs). Each year WCE will work with SCE to compare the energy costs offered by both energy providers. This information will be distributed to all WCE customers. For information on additional benefits beyond cost savings, please see page 2. How will the rates be set? ANSWER Energy rates will be set regularly, based on the projected cost of energy. Unlike SCE rates, which are set by the CPUC, WCE’s energy rates will be set by local elected officials representing the participating communities. The public will be encouraged to attend and participate at rate setting meetings to ensure a more transparent process. Will taxes increase? ANSWER No. WCE does not have the ability to tax and there are no impacts on taxes. WCE will be funded entirely by revenues from the ratepayers, requiring zero tax dollars from customers or participating communities. Isn’t renewable power more expensive than non-renewable electricity? Wouldn’t a CCAs rates be higher? ANSWER In today’s markets, that is not the case. To date, CCAs in California have been able to offer 25-30% cleaner energy at lower costs to customers compared to higher carbon-based energy sources. What’s the catch? ANSWER There are risks involved with any CCA. These include a potential reduction in SCE rates, higher “opt-out” rates than estimated (i.e., over 25%; current CCAs in CA have opt-out rates between 4% and 16%), higher exit fees charged by SCE, or legislative and/or regulatory changes. These scenarios were contemplated in the Feasibility Study. Does this mean the CCA would be in the commodity market? How risky is this? ANSWER Yes. Electricity is a commodity and markets exist where electricity is traded daily with multiple buyers and sellers. While electricity can be purchased on a daily spot market with variable pricing, this is not how WCE would purchase its power needs. WCE would enter into contracts on the wholesale energy market. ADDITIONAL QUESTIONS? Contact WRCOG at 951.405.6760 or www.wrcog.us for additional information