Loading...
HomeMy WebLinkAboutMemo - Mail Packet - 12/25/2018 - Memorandum From John Phelan Re: Riverside Community Solar Project: Time Of Day (Tod) Rate AlignmentUtilities electric · stormwater · wastewater · water 700 Wood Street PO Box 580 Fort Collins, CO 80522 970.212.2900 V/TDD 711 utilities@fcgov.com fcgov.com/utilities M E M O R A N D U M DATE: December 14, 2018 TO: Mayor Troxell and Councilmembers FROM: John Phelan, Energy Services Senior Manager THROUGH: Darin Atteberry, City Manager Jeff Mihelich, Deputy City Manager Kevin R. Gertig, Utilities Executive Director RE: Riverside Community Solar Project: Time of Day Rate Alignment Bottom Line Fort Collins Utilities and Clean Energy Collective (CEC) are collaborating on the implementation of the time of day (TOD) rate structure to the electricity generated by the Riverside Community Solar Project (CSP). Due to the current power purchase agreement (PPA), the application of the new rate structure was delayed from October 1, 2018 to January 1, 2019, with deminimis cost impact, and in support of the CSP participants. Background Staff have been collaborating with CEC since early 2018 regarding the transition to the TOD rate structure for the Riverside Community Solar Project customers production compensation. The transition has focused on: • Notifying CSP customers in August of the pending transition of both their home consumption and the production of their solar panels to TOD (see attached letter and flyer). • Utilities and CEC have tested a new procedure for the handling of data and associated bill credits. • The PPA included a specific date for the revision of energy payment rates on the first day of January each year. Utilities extended the 2018 flat rate from October 1 through December 31 accordingly. Next steps are to coordinate with CEC on communications with CSP customers, and to amend the PPA to specifically address TOD. Currently CSP customers are compensated at 100% of the retail energy rate for energy returned to the distribution system at the time it is delivered, resulting in. CSP customers being compensated for the value they are providing. Staff anticipates CSP customers in the summer months able to earn additional credit because the solar is producing during on-peak periods. This applies to both the CSP and residential rooftop solar customers. CC: Lisa Rosintoski, Deputy Director, Utilities Customer Connections Cyril Vidergar, Assistant City Attorney Leland Keller, Energy Services Engineer DocuSign Envelope ID: 723897F4-3E94-4F71-930A-1854ED4746FD                          !  Fort Collins Utilities is Transitioning to Time-of-Day (TOD) Electric Pricing for All Residential Customers With TOD pricing, when you use electricity is just as important as how much electricity you use. The price you pay changes based on the time of day and includes off-peak and on-peak hours. Off-peak hours cost less than what you currently pay with higher prices during on-peak hours. YOUR ELECTRIC RATE IS CHANGING SUMMER MAY–SEPTEMBER WEEKDAYS ONLY 2PM 7PM O N - P E A K H O U R S O F F - P E A K H O U R S ( L O W E S T E L E C T R I C P R I C E ) ( A P P X . 3 X H I G H E R P R I C E ) 5PM 9PM O N - P E A K H O U R S ( A P P X . 3 X H I G H E R P R I C E ) O F F - P E A K H O U R S ( L O W E S T E L E C T R I C P R I C E ) NON-SUMMER OCTOBER–APRIL WEEKDAYS ONLY Here’s How It Works TOD has two levels of pricing: off-peak and on-peak, and two seasons: non-summer and summer. Off-peak hours cost approximately 30 percent less than current electric rates. On-peak prices are approximately three times higher than off-peak prices because that’s when both demand and utility costs for electricity increase. • Off-peak: 19–20 hours each weekday, all weekend hours and major holidays • On-peak non-summer (October–April) hours: 5–9 p.m., weekdays only • On-peak summer (May–September) hours: 2–7 p.m., weekdays only Aids and services are available for persons with disabilities. Esta información puede ser traducida, sin costo para usted, 970-212-2900. 8/18 18-19259 Utilities fcgov.com/time-of-day | 970-212-2900 | V/TDD 711 EFFECTIVE OCTOBER 2018 WEEKENDS AND MAJOR HOLIDAYS ARE OFF-PEAK. Net Metering Credits As a community solar customer, you will continue to receive credit for your share of solar energy returned to the grid. Net metering credits will have the same off-peak and on-peak hours as your energy charges (according to the season). You will earn at least three times more per kWh during on-peak hours than in off-peak hours. The best way to lower your bill is to minimize your energy load during on-peak hours. Details: fcgov.com/TOD (see TOD Pricing - Solar Credits; scroll to Community Solar chart) Need Help Paying Your Bill? Fort Collins Utilities partners with local organizations to provide efficiency, conservation and bill payment assistance programs. Details: fcgov.com/utilities-affordability DocuSign Envelope ID: 723897F4-3E94-4F71-930A-1854ED4746FD !     "#$  ! %                      !"    #$ %&#&%’()%%$* + ,    !"   -  .                       Your Electric Rate is Changing   Fort Collins Utilities is transitioning all residential customers to Time-of-Day (TOD) electric pricing in October. This will affect how you are billed for energy you use from the grid, as well as the net metering energy credits you receive through the Community Solar program. The TOD structure will have a lower charge for energy for the 19-20 off-peak weekday hours and higher on-peak charges for 4-5 hours on weekdays (depending on the season). Your solar credits follow the same pattern. During on-peak hours, both your energy charge and credit for energy returned to the grid are approximately 3x higher than the off-peak rate. See the attached flyer and fcgov.com/TOD for details.  DocuSign Envelope ID: 723897F4-3E94-4F71-930A-1854ED4746FD