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Presentation - CCA Primer SB finalPresented by: EES Consulting, A GDS Associates Company AAdvantage Communications, LLC www.EESConsulting.com Consulting, A GDS EES Background on Community Choice Energy (CCE) Associates Company How does Community Choice Energy (CCE) operate? 2 4 •Utility bills and collects from customer on behalf of CCE, then pays CCE for power supplied. •CCE replaces Investor-Owned Utility (IOU -e.g., SCE) as purchaser of power for customers. •Utilities still responsible for delivery of power to customers. How does Community Choice Energy (CCE) Operate? (cont’d) 3 •All customers are “in” the CCE program unless they actively “opt out.” •CCEs design customer rates and have greater flexibility than IOUs. •CCEs acquire public funding for customer efficiency and assistance programs. •CCEs typically buy more renewable power. •CCEs have greater regulatory flexibility than IOU on buying power. •CCEs receive customer revenues from IOU, pay off operating expenses, retain net revenues. •CCEs can still work with IOUs to develop reliable electric grids in their communities. 4 Orange County Power Authority –4 cities & county 5 CCA Coverage Net Position Financial Report End Period Year of Initial Operations Customers Marin Clean Energy Marin County, Mendocino County and various cities $203MM 3/31/2022 2010 470K 3C Energy Monterey and adjacent counties, cities $241MM 12/31/2022 2018 296K Peninsula Clean Energy San Mateo County and cities $168MM 6/30/2022 2016 296K East Bay Clean Energy Alameda County and cities $233MM 6/30/2022 2017 613K Silicon Valley Clean Energy Santa Clara County and cities (minus San Jose)$213MM 6/30/2022 2017 270K Sonoma Clean Power Sonoma, Napa Counties and cities $131MM 6/30/2022 2014 227K Clean Power San Francisco City and County of San Francisco $84MM 6/30/2022 2017 385K Clean Power Alliance L.A., Ventura Counties and misc. cities within $141MM 6/30/2022 2018 973K San Jose Clean Energy City of San Jose $48MM 6/30/2022 2018 350K Redwood Coast Clean Energy Humboldt County and cities $32MM 9/30/2022*2017 63K Valley Clean Energy Yolo County, City of Davis, other cities $16MM 12/31/2022*2018 54K Desert Community Energy Cities of Palm Springs, Palm Desert $5MM 6/30/2022 2019 33K Lancaster Choice Energy City of Lancaster $5MM 6/30/2022 2015 52K Pico Rivera Municipal Energy City of Pico Rivera $5MM 6/30/2022 2017 17K Pomona Choice Energy City of Pomona $4.5MM 12/31/2022*2018 40K Clean Energy Alliance City of Solana Beach (expanded in 2021/22 with other cities) $(2.3MM)6/30/2021 2021 60K San Diego Community Power City of San Diego, County of San Diego, other cities $54MM 12/31/2022 2021 930K Orange County Power Authority Irvine, Fullerton, Huntington Beach, Buena Park $41MM net contribution to reserves 2022-23 Mid Year Operating Budget 2022 250K CCAs’ Net Positions (latest annual audited financial reports or Quarterly report*) Recommended Next Steps Our Team is working with multiple cities in the Inland Empire on CCA We are asking cities of their interest in exploring CCA through an RFQ for multiple cities ◦RFQ seeks a consultant “partner” to continue guiding cities about CCA ◦If “Go,” cities work with partner on CCA; if “No Go,” end of investigation ◦Includes technical feasibility study for all cities interested ◦No financial commitment by cities for study, on moving forward, or on how to work together –all TBD Multiple possibilities for Inland Empire City to lead RFQ investigation ◦Cities may simply request of the RFQ-lead city to be included in an investigation ◦Investigation will determine CCA economic viability using the data from SCE ◦Investigation will describe options for financing, starting and operating a CCA 8 Presented by: HOWARD CHOY, Executive Consultant, EES Consulting, howard.choy@gdsassociates.com, 323 204 6134 JOHN VALDIVIA, AADVANTAGE Communications, jv.2015@yahoo.com, 909 362-7937 Consulting, A GDS Associates CompanyEES Background on Community Choice Energy (CCE)