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Home My WebLink AboutSpecial Presentation - Howard ChoyPresented by: EES Consulting, A GDS Associates Company www.EESConsulting.com Consulting, A GDS EES Background on Community Choice Energy (CCE) Associates Company How does Community Choice Energy (CCE) Operate? (cont’d) 2 •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. 3 Orange County Power Authority – 4 cities & county 4 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 reports) CCA Coverage Net Financial Position Financial Report Period End Year of Initial Operations Meters (1000s) Clean Power Alliance L.A., Ventura Counties and Misc. Cities Within $328MM 6/30/2024 2018 973 San Diego Community Power City/County of San Diego, Other Cities $427MM 12/31/2024 2021 930 East Bay Clean Energy Alameda County and Cities $652MM 12/31/2024 2017 613 Marin Clean Energy Marin County, Mendocino County, Other Cities $457MM 12/31/2024 2010 470 Clean Power San Francisco City and County of San Francisco $179MM 6/30/2024 2017 385 San Jose Clean Energy City of San Jose $260MM 6/30/2024 2018 350 3C Energy Monterey and Adjacent Counties, Cities $284MM 6/30/2024 2018 296 Peninsula Clean Energy San Mateo County and Cities $403MM 3/31/2025 2016 296 Silicon Valley Clean Energy Santa Clara County and Cities (minus San Jose)$485MM 9/30/2024 2017 270 Orange County Power Authority Irvine, Fullerton, Huntington Beach, Buena Park $45MM 6/30/2024 2022 250 Clean Energy Alliance Solana Beach (2022 added Other Cities)$28MM 12/31/2024 2021 248 Sonoma Clean Power Sonoma, Napa Counties and Cities $230MM 6/30/2024 2014 227 Redwood Coast Clean Energy Humboldt County and Cities $55MM 9/30/2024 2017 63 Valley Clean Energy Yolo County, City of Davis, Other Cities $63MM 12/31/2024 2018 54 Lancaster Choice Energy City of Lancaster $9MM 6/30/2023 2015 52 Palmdale Energy City of Palmdale $3MM 6/30/2023 2023 46 Pomona Choice Energy City of Pomona $8MM 6/30/2023 2018 40 Santa Barbara Clean Energy City of Santa Barbara $12MM 12/31/2023 2021 34 Desert Community Energy Cities of Palm Springs, Palm Desert $42MM 3/31/2025 2019 33 Apple Valley Clean Energy City of Apple Valley $13MM 9/30/2023 2017 26 Pico Rivera Municipal Energy City of Pico Rivera $15MM 12/31/2023 2017 17 Rancho Mirage Energy Authority City of Rancho Mirage $20MM 6/30/2024 2018 15 San Jacinto Clean Energy City of San Jacinto $5MM 12/31/2023 2018 15 Pre-Operation and 10-Year Operating Financial Pro Forma 5 Year End of Year Cash Available (Cumulative $Million) 3 Cities End of Year Cash Available (Cumulative $Million)) Fontana Comment 2025 $0 $0 Pre operation, reflected as zero but the cities may consider a small budget item to continue outreach, investigation and formation of a CCA. 2026 $2 $0.4 First year of the CCA existence and required 1-CY wait period of not serving customers as mandated by the State. Net cash represents CCA start-up loan of $2MM. 2027 $31 $12 First year of CCA operations serving customers. Net cash represents receipt of CCA start-up loan and operations loan or line of credit. 2028 $46 $17 Net cash includes payments from operating revenues to loan debt. 2029 $62 $23 Net cash includes payments from operating revenues to loan debt. 2030 $74 $26 Net cash includes payments from operating revenues to loan debt. 2031 $94 $33 Loan debt paid off in 5 years. 2032 $116 $41 2033 $139 $49 2034 $161 $57 2035 $184 $66 2036 $207 $74 Cities of Fontana, Grand Terrace, and Rancho Cucamonga ◦130,000 Eligible Accounts ◦2,100 GWh Annual Load 6 Load Information Service Accounts Load, GWH Fontana 61,351 894,384 Residential 50% Small Commercial 5% Medium Commercial 13% Large Commercial 7% Industrial 22% Pumping and Agriculture 3% Lighting 0% Presented by: Howard Choy, Executive Consultant, EES Consulting, howard.choy@gdsassociates.com, 323 204 6134 Consulting, A GDS Associates CompanyEES Background on Community Choice Energy (CCE)