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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 09/23/2008 - DRAFT ENERGY POLICY DATE: September 23, 2008 STAFF: Brian Janonis WORK SESSION ITEM Patty Bigner FORT COLLINS CITY COUNCIL Steve Catanach SUBJECT FOR DISCUSSION Draft Energy Policy. EXECUTIVE SUMMARY The City of Fort Collins Electric Board, together with Utilities staff, has drafted the 2008 Energy Policy for Council consideration. This policy is intended to replace the 2003 Policy. GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED 1. The proposed 2008 Energy Policy reflects substantial changes current policy. Are there additional revisions to the proposed policy? 2. Staff plans to conduct public outreach prior to adoption of the Draft policy. What specific information about community support for the concepts in the policy is needed for Council consideration? 3. What additional information does Council need in order to consider adoption of the Draft 2008 Energy Policy? BACKGROUND In 2003, City Council adopted the Electric Energy Supply Policy, Resolution 2003-038,providing direction and guidance in the areas of competitive rates, high system reliability, and the environment—specifically related to Demand-Side Management (DSM) or energy efficiency and renewable energy. Following the adoption of the Policy, Council adopted an ordinance increasing rates 1% for implementation of energy efficiency measures and 1%for renewable energy purchases.The Policy directed staff to provide progress updates, since provided annually from 2004 to 2007. Although this Policy integrated the three elements of rates,reliability and the environment,previous Councils supported other related environmental programs that included energy efficiency, and supported the development of the Medicine Bow Wind Farm in the late 1990s. Other programs include: September 23, 2008 Page 2 • In April 1997, the Council adopted Resolution 1997-051, reaffirming the need for energy conservation in the operation of City facilities and City vehicles, and promoting energy conservation for its customers,in order to reduce the consumption of fossil fuels. • In July 1998, the Council adopted Resolution 1998-103, authorizing an integrated energy design assistance program to encourage the efficient use of energy. • In November 1999,the Council adopted Resolution 1999-137,establishing a policy to take cost-effective actions that benefit the community by reducing local greenhouse gas emissions. The City of Fort Collins Electric Board, together with Utilities staff, has drafted the 2008 Energy Policy for Council consideration. This policy is intended to replace the 2003 Policy. The Draft 2008 Energy Policy updates the concepts and language of the original policy, while remaining true to the fundamentals of electric distribution system reliability and energy affordability for the community. Some of the changes include: • Updated metrics and calibration of the policy to align with industry best practices; • Support for a shift in the language and framework to align with carbon reduction goals (Climate Action Plan); • Emphasis on the need to protect the reliability of our distribution system; and • Addition of an economic component with the "affordability" concept rather than a "lowest rates"target. Next Steps • Public Outreach: September—October. • City Council consideration of the 2008 Energy Policy: Later this year,to be determined. • City Council consideration of Policy implementation strategies: January—February 2009. ATTACHMENTS 1. Draft 2008 Energy Policy. 2. 2003 Electric Energy Supply Policy. 3. PowerPoint presentation. ATTACHMENT . Draft Energy Policy September 2008 Background The citizens of Fort Collins created the municipal electric utility in 1935. In 1973, Fort Collins joined with Estes Park, Longmont and Loveland to create Platte River Power Authority, a joint action agency charged with meeting the electric generation and transmission needs of the four cities. These organizations have demonstrated progressive long-term planning throughout their history. In 2003, City Council adopted the Electric Energy Supply Policy which recognized the interrelated planning goals of high reliability, low rates and minimizing environmental impacts. This revised Electric Energy Policy reflects five years of experience implementing the 2003 policy, the evolving electric utility industry and the interests of Fort Collins citizens. In May 2008, Fort Collins City Council adopted greenhouse gas emissions goals of 20%. below 2005 levels by 2020 and 80% below 2005 levels by 2050. The purpose of this policy is to provide strategic planning guidance for the Fort Collins Utilities' Light & Power Service Unit and the Energy Services group. The policy describes a mid-century vision and three goals, each with associated objectives and • metrics. 2050 Vision To serve the community with highly reliable, carbon neutral electric service, guided by an ethic of sustainable, innovative and responsible management. Goals Goal #1 Provide highly reliable electric service Highly reliable electric service is a core responsibility of the electric utility, defined by reliability statistics, power quality and customers' perception of "up-time". Reliable service is critical for the physical and economic welfare of the community. Long-term planning, high standards and qualified staff responsible for the planning and maintenance of the electric infrastructure are the primary drivers of high reliability. Exemplary service from knowledgeable, responsive and courteous staff is a part of customers' perception of Light & Power's reliability. Light and Power demonstrates the value of skilled and qualified employees through long-term planning for hiring, retention and succession. Continued financial health and adequate investment in Light and Power supports the reliable electric service goal. • Smart grid innovations are expected to have an increasing role in the electric system. Smart grid is the integration of an electric transmission or distribution system, a Page 1 communications network, software, and hardware to monitor, control and manage the reliability and efficiency of the generation, distribution, storage and consumption of energy. Goal #1 Objectives and Metrics • Demonstrate and communicate the high reliability of the Fort Collins electric system by maintaining annual reliability metrics of: o Average System Availability Index (ASAI) greater than 99.9886% o Customer Average Interruption Index (CAIDI) less than 60 minutes o System Average Interruption Frequency Index (SAIFI) less than 1.0 • Apply appropriate construction standards and material spec fications for long- term reliability. • Create an asset management plan by 2010 for the long-term integrity of the electric utility infrastructure. • Create a smart grid roadmap by the end of 2009, defining specific smart grid objectives and implementation plans. • Manage peak loads to reduce demands on the distribution system, optimize infrastructure investment and reduce purchased power costs. o Maintain energy efficiency and demand side management programs targeting peak loads. o Increase the power managed by loads management, smart grid and distributed generation to at least 5% of 2005 system peak demand by 2015 and at least 10% by 2020. Develop a methodology for tracking load management as a percentage of peak demand, considering utility programs,.cu: tom?3r response and weather normalizativil o Support customer efforts to reduce electric costs through managing peak loads. • Annually report on human resources benchmarks designed to sustain a skilled and qualified Light & Power workforce. • Coordinate with Platte River Power Authority in the design, operation and maintenance of their electric transmission and generation system to minimize the risk of system outages. Goal #2 Support the community's carbon emissions goal of reducing the City's carbon footprint 20% below 2005 levels by 2020 and 80% by 2050. Fort Collins citizens place a high value on a healthy and sustainable environment. The City of Fort Collins Utilities goal is to continuously move in the direction of sustainability, reducing impact on ecological systems while improving the well-being of the community. Energy use, water use and transportation are major components of the community environmental footprint, and solutions which integrate the relationship between these sectors will result in optimal long-term outcomes. All energy sources have environmental impacts related to resource exploration, extraction, transportation, emissions and land use. Carbon emissions related to the provision of electric energy, Page 2 • including energy supply resources and operations, is a meaningful and pragmatic metric for measuring the community environmental footprint. Fort Collins Utilities are committed to first maximizing the benefits of efficiency and conservation, moving toward clean and renewable energy sources, and adapting to the opportunities brought by innovation and emerging technologies in the electric utility industry. Goal #2 Objectives and Metrics • Develop a methodology for reporting carbon emissions and savings related to: o Overall electricity consumption; o Reductions in energy use from efficiency programs; o Substitution of fossil fuel based electricity with renewable or clean resources, and o Increases in use of electricity for transportation. • Continuously reduce energy use through verifiable energy efficiency programs, independent of population growth and economic trends. o Achieve annual energy efficiency and conservation program savings of at least 1% of annual energy use (based on a three year average history). • For renewable energy resource investments, balance the interrelated factors of • carbon reduction cost-effectiveness, impact on power plant operations and local economic benefits. o Maintain a minimum fraction of renewable energy in compliance with State of Colorado requirements. n coordination %with Plefte riiver Power Authority,develop generation resources and the delivery of renewable energy to meet minimum requirements. o Offer voluntary renewable energy programs, fostering customer's purchase of increased renewable energy and support for local renewable energy projects. o Increase the contribution of renewable energy to reach the 20% by 2020 carbon reduction goal, after accounting for the contributions of energy efficiency, conservation, minimum renewable energy requirements and voluntary renewable energy programs. o Include dispatchable renewable resources as part of the portfolio to maintain system stability and reliability. • Promote sustainable practices in homes and businesses by supporting highly energy efficient new and existing buildings. • Participate in research, development and demonstration efforts to remain at the forefront of emerging technologies and innovative solutions. • Develop a plan for reporting and continuous improvement on the sustainability of electric utility operations. • Page 3 Goal #3 Enhance local economic vitality Fort Collins Utilities' Light and Power Service Unit supports local economic vitality with highly reliable service, and a history of low and stable electric rates. Low cost electricity and effective energy efficiency and conservation programs result in a lower community energy bill, supporting economic activity in other arenas. Fort Collins Utilities' Light and Power Service Unit business activities also support the local economy as a direct and indirect employer, as a contributor to the City's general fund, by leveraging customer investment for energy efficiency, acquiring funding for research and demonstration projects and as a participant in clean energy collaborations. Goal #3 Objectives and Metrics • Maintain the financial health of Fort Collins Utilities' Light and Power Service Unit to support the vision of the Electric Energy Policy. o Continue to meet the Utilities Light and Power fund financial policies. o Maintain sufficient revenues through biennial budget planning for on-going operation and maintenance of the electric system and meet the projected requirements of the asset management plan. • Maintain regionally competitive rates which promote energy efficiency and conservation, • Maintain programs and services that help customers maintain affordable energy bills. Develop a metric reflecting the affordability of electric-bills for Fort Collins cu< ;comers • Promote the benefits of clean energy solutions to existing and potential businesses. Reporting and Policy Update The Utilities Executive Director will provide the City Manager, Electric Board and City Council with an annual status report on the goals and objectives included in the Electric Energy Policy. The Electric Energy Policy will be reviewed and revised in the fifth year after adoption. Page 4 ATTACHMENT 2 City of Fort Collins Electric Energy Supply Policy March 25 , 2003 Introduction Motivated by their concern for the welfare of the community, the citizens of Fort Collins created the electric utility in 1935 . During the years that followed , the electric system grew both in size and sophistication . In 1973 , Fort Collins joined with Estes Park , Longmont and Loveland to create the Platte River Power Authority ( PRPA) , a joint action agency charged with meeting the electric generation and transmission needs of the four cities . The City now has a state of the art electric system that provides citizens with highly reliable service at an affordable and competitive price . However, getting to this point did not happen without a lot of effort and thoughtful guidance . The future will be no different . There will be many challenges to overcome if the city is to continue to provide its citizens with a high level of service . The most significant of these challenges will be addressing both important environmental issues and increasing demand , while maintaining high system reliability and competitive pricing . The purpose of this policy is to provide strategic objectives regarding system reliability , rates and the environment to guide the electric utility into the future as it continues to provide the citizens of Fort Collins with reliable and competitively priced electric service , in partnership with PRPA. System Reliability System reliability is the core of providing electric service . It is critical for the welfare of the community . It should not be compromised . The Utilities must continue to provide businesses and residents with highly reliable electric service consistent with established reliability goals . Objectives for the Future 1 . Continue to design , build and maintain the electric system utilizing the high standards that have been developed . 2 . Maintain an emphasis on system safety for the benefit of employees and citizens . 3 . Complete the electric system undergrounding program by the end of 2006 ( revised from 2004 ) . 4 . Reduce peak electric use in order to minimize overloading of the electric system . 5 . Encourage Platte River Power Authority to design , operate and maintain their electric transmission and generation system to minimize the risk of system outages . 6 . Encourage Platte River Power Authority to maintain a diverse source of electric generation capacity . 7 . Investigate the merits of distributed generation as a method of reducing system peak demands . Electric Rates For many years the citizens of Fort Collins have benefited from low electric rates . During the past 18 years , there have been two electric rate increases and two electric rate decreases . Electric rates today are only 0 . 2 percent more than they were in 1983 , while the consumer price index has increased 77 . 8 % . The City's residential electric rates are lower than 88 % of the 51 Colorado utilities surveyed by the Colorado Association of Municipal Utilities . In order for the City to continue being a viable provider of electric service , it will be essential to maintain competitive rates in the future . Objectives for the Future 1 . Continue to design and implement electric rates that allocate costs between customer classifications in an equitable manner. 2 . Design and implement electric rates that encourage conservation (e . g . market based incentives , block pricing ) and demand side management . 3 . Maintain rates that are regionally competitive and are below Xcel Energy . 4 . Maintain long-term rate stability . 5 . Establish alternative cost based rate structures that reflect the community's interest in and benefit from renewable energy (green pricing , net metering , system benefit charges ) . 6 . Increase productivity and efficiency throughout the Utilities . 7 . Work with Platte River Power Authority to delay or mitigate the expected rate impact associated with the construction of new base load generation facilities . 8 . Work with Platte River Power Authority to develop a process whereby the avoided generation capacity costs , associated with demand side management ( DSM ) programs developed by the City, can be passed along to the City . The Environment Fort Collins 2000 Greenhouse Gas Audit There is a growing awareness of 2.04 million tons CO2 and concern about global climate change solid and the harmful contributing effects of Natural greenhouse gases . In 1999 , the Fort Gas Waste ° Collins CityCouncil adopted a local action 20% ° p Electricity plan to reduce greenhouse gas emissions . 44% In the City's 2000 Climate Protection Status Report , the use of electricity, generated *ii i from facilities fueled with either coal or Transport natural gas , was identified as the largest 35% contributor of carbon dioxide (CO2 ) to the environment . Although there are new and evolving technologies to reduce fossil fuel pollutants such as sulfur dioxide and nitrogen oxides ( NOX ) emissions , there are presently no feasible methods of reducing CO2 emissions at the generating facility . However, CO2 emissions could be reduced by decreasing the consumption of electricity generated with CO2 producing fuels and/or generating electricity with energy sources that do not produce CO2 , such as wind , solar, and water. Decreasing consumption and using these energy sources would also reduce the negative environmental impacts (e . g . habitat destruction , air and water pollution ) associated with fossil fuel exploration , mining and transportation . Objectives for the Future 1 . Reduce per capita electric consumption 10 % , from the baseline of 2002 , by the year 2012 . The10 % per capita consumption reduction target will reduce overall electric 2 consumption approximately 17% by 2012 (see the following graph ) . During this time period (2002-2012 ) , the overall reduction in electric consumption amounts to approximately 1 . 7 billion kilowatt- hours of electricity and the avoided production of over 1 . 8 million tons of CO2 . Energy Consumption Policy Target, 10% Per Capita Reduction 13 , 000 11 , 000 U 9 , 000 w " 10% Decrease U CL 7 , 000 in 2012 E a N Historical Data Projected Data c 5 , 000 � o Base Case � U c Q 3 000 — Policy Target 1 , 000 OD O N � (.0 CO O N � f0 00 O (N � 00 M M a) O) a) O O O O O M M M O M O O O O O O O O O N N N N N N N N Year 2 . Reduce per capita peak day electric demand 15% , from the baseline of 2002 , by the year 2012 . The 15 % per capita demand reduction target will reduce the peak demand by approximately 80 MW by 2012 (see the following graph ) . This projected reduction in peak day demand is approximately equal to the output of one combustion turbine , which presently costs about $25 million . 3 Peak Demand Policy Target, 15% Per Capita Reduction 2 . 5 2 . 0 E m 0 R 1 . 5 15% Decrease 0 a in 2012 R w MEL 1 . 0 M Historical Data Proiected Data U � Base Case L d 0 . 5 ( policy c Target c a 0 .0 00 O N (O 00 O (V Mt (0 00 O (V 00 M a) O M d7 O O O O O O O O O (3) O O O O O O O O O N N N N N N N N Year 3 . Develop and implement effective demand side management ( DSM ) programs . 4 . Develop a strategic plan by July 1 , 2003 for reaching the consumption and demand reduction targets outlined in this policy . The approaches to be evaluated will include , without limitation , a systems benefit charge , efficiency programs , incentive programs , educational programs , revolving loan programs and innovative rate structures . 5 . Increase community awareness and understanding of DSM and renewable energy programs . 6 . Encourage Platte River Power Authority to continue reducing emissions from fossil fuels and to avoid the use of coal in any new generation facilities ( Rawhide Unit 2 or other potential generation facilities that PRPA may pursue) . 7 . Work with Platte River Power Authority to continue to diversify the portfolio of energy sources that serve the City . 8 . Work with Platte River Power Authority to increase the City's percentage of renewable energy (in addition to the existing large hydro from WAPA) to 2 % by the end of 2004 and to 15 % by the year 2017 . 9 . Develop and implement policies and programs that support : • the development and use of renewable resources , • sustainable practices , • the City's effort to reduce global warming , and • the design and construction of energy efficient buildings 10 . Develop and implement policies that require the use of energy efficient design principles in the renovation and construction of all City facilities . 11 . Whenever possible , integrate efforts related to energy efficiency , renewable resources , green buildings (energy code ) , sustainable practices and education . Annual Report On an annual basis , the City Manager will provide the City Council and the Electric Board with a status report on the objectives included in the Electric Energy Supply Policy . 4 DRAFT 2008 ENERGY POLICY CITY COUNCIL WORK SESSION SEPTEMBER 23 , 2008 Patty Bigner Utilities Customer and Employee Relations Manager [tins QUESTIONS FOR CITY COUNCIL • Are additional revisions to the proposed policy needed ? • What public input is needed for Council consideration ? • What additional information is needed for Council consideration for adoption of the Draft 2008 Energy Policy? F� [tins Tonight' s Discussion Continuing from April , August and September Work Sessions • April discussion of renewable energy purchases with Platte River Power Authority • August Climate Action Plan discussion included staff and consultant review of Climate Task Force recommendations related to Energy Policy implementation • September presentation on Energy Efficiency and Renewable Energy Certificates ( RECS ) • Tonight' s discussion on concepts in new draft policy F�t Development of Draft 2008 Energy Policy • Process included Electric Board sub-committee and Utilities staff • Discussion of policy concepts linked to Climate Task Force process through Electric Board and staff participation • Initial public review included Electric Board , Air Quality Board , Natural Resources Advisory Board — with favorable comments F� [tins Tonight's Review of Draft 2008 Energy Policy • 2003 Electric Energy Supply Policy • Summary of changes within 2008 Draft policy • Brief update on progress with current policy implementation • Discussion of next steps F�t Highlights of Major Changes • Updated metrics and calibration of the policy to align with industry best practices • Support for a shift in the language and framework to align with carbon reduction goals ( Climate Action Plan ) • Emphasis on the need to protect the reliability of our distribution system • Addition of an economic component with the "affordability" concept rather than a " lowest rates" target F� [ins Work Session Discussion . Key Points • Moving from an energy reduction to carbon reduction framework • Emphasis on energy efficiency , reliability and affordability • Focus on local investments — both energy efficiency and renewable energy — when cost effective • Focus on meeting the Colorado Renewable Portfolio Standard ( RPS ) in the short term , rather than a Fort Collins RPS Ilins Work Session Discussion — Key Points • Emphasis on achieving and maintaining best- practice level leadership • Coordinated development of low income energy efficiency projects • Regional collaboration with Platte River members and others to optimize energy use reduction across electric and gas utilities • Long -term and short term programs — improving both existing and new buildings • Renewed focus on community education and participation Frt�1 Next Steps to Consider - Collaboration Since 2004, Fort Collins has rapidly increased savings from energy efficiency programs. • 2008 results put Fort Collins at the utility best practices level , with energy efficiency program savings reaching approximately 1 % of retail electricity sales • Platte River is an critical partner for energy efficiency programs (funding , planning , implementation ) • Other partnerships offer additional benefits — natural gas savings , emphasis on low income sector, greater program participation : ex. Clean Energy Cluster, FortZED , Department of Local Affairs ( DOLA) , Governor's Energy Office (GEO) Next Steps to Consider - Funding Next year's electricity use (2009) will be nearly 3 % less than it would have been without savings from energy efficiency programs • Savings equivalent to approximately 40 , 000 megawatt- hours • Purchased power cost savings will be approximately $ 1 . 6M • Savings are achieved with existing staff and funding levels , but not expected to be sustainable without additional staff and program funding F� [tins Next Steps to Consider — Overcoming Barriers to Community Participation • Increase customer awareness of energy efficiency benefits through education and program incentives • Assist in development of community capacity — especially training needed to increase the ability to deliver energy efficiency services [tins Next Steps to Consider — More • New technologies such as Advanced Meter Infrastructure (AMI ) offer many benefits for reliability , smart grid integration and energy efficiency • Continued opportunities to improve Energy Code in collaboration with Neighborhood and Building Services • Federal and State Legislation will continue to involve local efforts • Evolving customer-sponsored programs and projects will offer more opportunities for City collaboration F� [ins We look forward to answering your questions on September 23 , 2008 • John Phelan from our Energy Services staff will provide additional background on the Draft 2008 Energy Policy Fit, [tins Draft 2008 Energy Policy City Council September 23 , 2008 City Of Fort Coltins Agenda • Compare current and proposed policy goals , objectives and metrics • Provide 2007 and 2008 year-to -date energy policy update �t11 Energy Policy History • 2003 : policy adopted March , • Strategic Plan for Demand Side Management ( DSM ) , rate ordinance authorizing 2 % increase ( December) • 2004 through 2008 : Energy efficiency and renewable energy funding , new programs and services , annual reporting • 2007 and 2008 : Electric Board and Utilities staff develop new policy • 2007 and 2008 : Coordination of Climate Task Force and Energy Policy efforts Fit,f Energy Policy : Big Picture 1 1 ' . Fort Collins , 1992 to 2007 111 ' . 44% morepeople % more energy co 4 1 1 ' IL 1 1 ' . +� 1992 1994 1996 1998 2000 2002 20062004 11 ' 1 1 ' . PopulationYear Energy Policy Review Electric Energy Supply PolicyElectric Board 2007 work plan 2007 Annual Update 4+ years of implementation • Kickoff meeting , November 2007 , five formal meetings , numerous informal • Current trends overview • Develop vision , goals , objectives � �' , and metrics . ;�:v� Close collaboration between staff and E-board sub-committee ` Alignment with Climate Task .._. �,. Force • Draft 2008 Energy Policy 16 J Energy Policy Overview Reliability Climate Economic Vitality `, . Industry metrics Efficiency Financial health . Asset management Conservation Competitive rates . Smart grid Smart grid Affordable bills Peak demand Rates Clean energy economy Renewables FL tf� Comparing Current and Proposed Policies • For the 2003 policy (current ) and revised policy ( proposed ) — Vision — Goals — Objectives • Reliability • Environment • Economics — Metrics • What does a carbon based energy policy look like? • Includes 2007 and 2008 year to date results [tins Energy Policy : Current and Proposed Current Proposed Vision Vision • No formal vision articulated 2050 Vision —"to guide the electric utility into the future" . To serve the community with highly reliable , carbon neutral electric service , guided by an ethic of sustainable , innovative and responsible management . F� [tins Energy Policy : Current and Proposed Current Proposed Goals Goals • More "themes" than "goals" • Provide highly reliable electric —System Reliability service ; — Electric Rates • Support the community' s carbon emissions goal of —The Environment reducing the City' s carbon • Energy efficiency and footprint 20 % below 2005 levels demand side by 2020 and 80 % by 2050 , and management • Enhance local economic • Renewables vitality . Fit,f Energy Policy : Current and Proposed Current Proposed Objectives - Reliability Objectives = Reliability • Continue to design , build and • Reliability statistical metrics maintain the electric system • Construction standards and utilizing the high standards that material specifications have been developed • Asset management plan • Complete the electric system . Smart grid roadmap undergrounding program • Reduce peak electric use • Reduce peak demands • Encourage . . . — Efficiency programs target peak • Encourage . . . — Load management targets • Investigate . . . • 5 % of 2005 peak by 2015 • 10% of 2005 peak by 2020 • Skilled and qualified workforce * Coordinate with PRPA F�t Electric Energy Policy : Reliability • 2007 Reliability Highlights — Electric system reliability was 99 . 9965% (goal 99 . 9886% ) ; — The average outage duration was 26 minutes (goal <60 min . ) , and — On average , individual customers experienced 0 . 7 interruptions . Average System Availability Index (ASAI) 99 , . . .. �■ �1 ; ; I - ■7 ■ � l� � ■ � 1 .9 .. . ,. , Irl� ■ ■ ■ � � � � ■ ■71 .999 ,. , I ■ r� � ■ ■ ■ � � � ■ � ■ ■ ■ 1 .999 , , I ■ ■ ■ � � ■ ■ ■ ww� r■ ■ � ■ ■ ■ 1 .999 , , I ■ ■ ■ � � ■ ■ ■ � ■ � ■ ■ ■ � ■ ■ ■ 1 .. ..,, . 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Energy Policy : Current and Proposed 12 Current Proposed Objectives - The Environment Objectives - Reduce Footprint • Reduce per capita electric • References new City carbon consumption 10% , from the baseline emissions goal of 2002 , by the year 2012 • Develop carbon methodology • Reduce per capita peak day electric • Efficiency programs reach 1 . 0% of demand 15% , from the baseline of annual retail energy sales 2002 , by the year 2012 • Renewables to reach carbon goal , • Develop and implement DSM after effects of resource mix, • Increase community awareness efficiency, rates, RPS and voluntary • Work with PRPA . . . renewables • Increase renewables to 2% in 2004 • Green building and 15% by 2017 • Research & demonstration • City policies and programs . . . • Sustainable Utility operations Energy Efficiency Highlights • 8 , 200 megawatt-hours annual energy savings from 2007 programs , at a cost of 1 . 3 cents per kilowatt- hour • 11 , 500 megawatt-hours annual energy savings from 2008 year-to-date programs • Electric energy savings in 2009 will be approximately 40 , 000 megawatt- hours (2002 through 2008 programs ) • Electric peak demand savings , our conservation power plant , in 2009 will be approximately 7 . 5 megawatts (2002 through 2008 programs ) • 2008 year-to-date electric consumption is 1 % lower than 2007 • 2008 summer peak electric demand was 4 . 6 % lower than 2007 Fit,f Fort Collins Demand Side Energy Efficiency Results Management,Annual MWh Saved , , . , , , . : 111 . 111 ----- N . , „ El LighterUP Program TurbineElectric Efficiency • . 94 Integrated Design Assistance Program Refrigerator and Freezer Recycling Program Cooling Rebate Program E:1 Clothes Washer Rebate Program 14 ■ Residential Lighting Program Fort Collins Demand Side Management, Annual kW Saved (Summer Peak) 3000 2500 3 a 2000 c CO 1500 E E 0 1000 c C Q 500 0 2002 2003 2004 2005 2006 2007 2008 ■ LightenUP Program Z CSU Steam Turbine B Electric Efficiency Program ® Integrated Design Assistance Program IF Refrigerator and Freezer Recycling Program m Cooling Rebate Program ❑ Clothes Washer Rebate Program ❑ Residential Lighting Program Fort Collins Utilities Efficiency Energy Savings and Percent of Retail Sales 15,000 1 .00% O Industrial 0 Commercial rn 12,500 Residential t EE energy savings - % of retail sales m a 0.75% N t 10,000 v o: 0 H O O t C a > 7,500 0.50% w 3 A n s E 5,000 m c T O 025% u M 2,500 w 0 p 40.00% 2002 2003 2004 2005 2006 2007 2008 Year 8 Year Utility Electric EE EE EE Energy Revenue Expenditures Expenditures Savings - % as % of of Retail Revenue Sales 2002 $67 ; 162 ,688 $ 113 , 515 0 .2% 0 . 1 % 2003 $68 , 960 ,447 $ 175, 047 0 . 3% 0 . 1 % 2004 $72 , 959 , 272 $448, 885 0 . 6% 0 . 3% 2005 $78 , 875 ,097 $ 1 , 014 , 755 1 . 3% 0 . 5% 2006 $80 , 2347143 $ 1 , 139,414 1 .4% 0 .4% 2007 $81 , 883 ,286 $ 1 ,622 ,459 2 . 0% 0 . 5% 2008" $81 , 058 ,532 $2 , 312 , 918 2 .9% 1 . 0% * estimated through the end of the year Fort Collins Demand Side Management, Cumulative Annual MWh Saved 45,000 40,000 r 35,000 m m 30,000 y T T 25,000 d C W 20,000 C C m 15,000 E 10,000 0 U 5,000 0 2002 2003 2004 2005 2006 2007 2008 Year 9 Energy Efficiency Results Management,Fort Collins Demand Side Cumulative Annual kW Saved : . , , Conservation Power Plant »» 7.5 megawatts . � � � � � � � � � � � 100 0 - \ �\ Renewable Energy Results • 2007 Renewable Energy Reporting — 93 , 000 megawatt-hours , total renewable energy purchased electricity — 57 , 660 MWh rate based renewables • 62 % of total renewables purchased electricity is 19 Year • 3 . 9 % renewable electricity for all customers — 35 , 340 MWh voluntary program renewables • 38% of total renewables purchased energy • 3 . 9 % up to 100% renewable electricity for voluntary green energy customers (depending on subscription level ) — Informational reporting of carbon benefits based on marginal regional emissions rate . — Proposed Energy Policy calls for carbon methodology to be developed , including for indirect emissions benefits from renewable energy sources . Fit 10 Renewable Energy Results . Renewable 100,000 90000 80,000 I 70,000 60,000 I 111 1 111 30,000 , 10,00 I I/ #z 111 2001 200211 114 2005 2006 2007 iVoluntary MWh 0 Rate based 21 Colorado Renewable Portfolio Standard 22 for Fort Collins • HB 07- 1281 establishes the standard for electricity generation from eligible energy sources for municipal utilities serving over 40 , 000 customers at: — 1 percent for 2008 through 2010 ; — 3 percent for 2011 through 2014 ; — 6 percent for 2015 through 2019 ; — 10 percent for 2020 and after. F�tf Energy Policy : Current and Proposed Current Proposed Objectives — Rates Objectives — Economic Vitality • Continue to design and implement • Maintain the financial health of equitable rates Fort Collins Utilities •Design and implement rates that • Maintain regionally competitive encourage conservation rates that promote energy efficiency • Maintain rates that are regionally and conservation competitive and are below Xcel Energy • Maintain programs and services • Maintain long-term rate stability that help customers maintain • Establish alternative cost based rate affordable energy bills (new metric) structures for renewable energy • Promote the benefits of clean • Increase productivity and efficiency energy solutions to existing and throughout the Utilities. potential businesses. • Work with PRPA . . . FO�rt COI�'tns Electric Energy Policy : Rates • 2007 Rates Highlights — No electric rate increases in 2007 , and Table 3.11 : 2007 Electric Rates Comparison PercentageRate Class Ranking of Fort Collins Fort Collins Utilities ResidentialUtilities lower than Xcel Energy • 1 ' 38% lower CommercialSmall • - st 16% 38% lower Large Commercial Lowest 8% 22% lower Industrial Lowest 4% 25% lower based on CAMU report, January 2007 CAMIJ Residential Electric Rate Comparison January 2007 -- Cost for 700 kWh 00 8024 00 1 [I Municipal M REA 0 . Electric Energy Policy : Rates • 2008 residential rates compared ( Colorado Association of Municipal Utilities ) te Survey July 1 , ,0 1 ,CAMU Residential kWh per month $90 IOU :, , , , , 0 --- 25 Energy Policy Metrics Current Proposed Metrics Metrics • Reliability » continue to . . . ' Reliability • Utility statistics • Environment • Load management Is of peak — Per capita energy • Workforce - - - - - - - - It of energy • Rates • Economic vitality 26 13 — Lower than Xcel • Utility financial health • Rates benchmark • Affordability FL tf� Carbon Based • Policy What does the carbon goal look like? 2005 • . 1 , 250 , 000 tons 1 % reduction > > 2020 • • . 1 , 000 , 000 tons - - • annual reductionsof 1 111 in 2020 . With projected growth , - - • 650 , 000 1 1 City of IM&Fort Collins 000000 27 Fort Collins Utilities, Carbon Forecast (hypothetical) 1 ,800,000 2020 BAU 1 ,600,000 1 ,6507000 tons ❑ Energy efficiency 1 ,400,000 ----_- reductions ■ Energy c11200,000 conservation reductions w 01 ,001) 000 2005 ❑ Renewable Baseline energy y 800,000 1 ,250,000 reductions c tons 2020 Goal ao 1 ,000.000 ■ Additional 600,000 tons reductions to U meet target 400,000 ❑ Annual emissions 200,000 0 Oh 06 O'� 0^ ry0 �O �O (O rp (f, �O �O �O ry0 ry0 rp ry0 rp ry0 Year 14