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HomeMy WebLinkAbout2021-06-24; Clean Energy Alliance JPA; ; Exhibits-2021-06-24CLEAN ENERGY ALLIANCE Regular Board Meeting June 24, 2021 CLEAN ENERGY ALL Item 2: CEA Fiscal Year 21/22 Budget Adoption Item 2: CEA FY 21/22 Budget Adoption •Recommendation: - Adopt Clean Energy Alliance Fiscal Year 21/22 Budget. CLEAN ENERGY ALLIANCE 6/24/21 4 Item 2: CEA FY 21/22 Budget Adoption •Background: •Draft FY 21/22 Budget presented to Board at 5/27/21 meeting for input. •Proposed Budget reflects direction from Board. CLEAN ENERGY ALLIANCE 6/24/21 5 Item 2: CEA FY 21/22 Budget Adoption •Assumptions: •7% opt out rate - current opt out rate 6% •Power supply costs based on actual executed contracts and April forward price curves •Consulting services based on approved contracts •Reserve contribution to achieve 5% of revenue •Reflects Board direction to continue existing contracts through FY 21/22 •No new additions to budget . CLEAN •Sufficient revenue generated to cover costs based on assumpti ERGy listed above ALLIANCE 6/24/21 6 Item 2: CEA FY 21/22 Budget Adoption •Current Energy Market •Forward price curves have been increasing •Concerns about summer reliability •Impacts of Texas winter weather events on gas prices •Low California reservoir levels •Diablo Canyon unit 2 concerns •If prices continue to increase, CEA will need to adjust rates to cover costs •Staff is monitoring market and anticipates bringing updatettstAN Board in fall ENERGY _ ALLIANCE 6/24/21 7 Item 2: CEA FY 21/22 Budget Adoption Projected Revenue from Energy Sales Estimated Expenditures Net Results of Operations Beginning Reserves Projected Ending Reserves % of Revenue $53,573 000 $51,547,500 $2,025,500 $1,050,000 $3,075,500 5.74% CLEAN ENERGY ALLIANCE 6/24/21 8 CLEAN ENERGY ALLIANCE Questions/Discussion CLEAN ENERGY 011111b- ALLIANCE Item 3: Administrative and Regulatory Update Item 3: Administrative Et Regulatory Update •Recommendation: •Receive and File Operational a Administrative Update Report. •Receive CCA Regulatory Affairs Report. CLEAN ENERGY ALLIANCE 6/24/21 11 Item 3: Administrative a Regulatory Update Calls to Cali Center cc CLEAN ENERGY ALLIANCE 6/24/21 12 Item 3: Administrative Et Regulatory Update Call Center Avg Seconds to Answer Avg Call Duration 77 30 7% 20 10 6/24/21 Ap7 71 May.11 rwv 'N9007777771 CLEAN ENERGY ALLIANCE 13 Opt-OutSthts Non-SEA Customers 1 Item 3: Administrative ft Regulatory Update stO May /I June thrarti 611112: Total Participation Rate with prior SEA customers — 93.89% CLEAN ENERGY ALLIANCE 14 6/24/21 Item 3: Administrative a Regulatory Update• •Green Impact Opt Ups 6/24/21 •124 customers •Clean Impact Opt Downs •55 customers •Customer Outreach •Electric Vehicle Association of San Diego •Outreach to Community •Where to get info on Clean Energy Alliance •Social Media Activity CLEAN ENERGY 04pit ALLIANCE 15 Item 3: Administrative a Regulatory Update •Return to In-Person Board Meetings •Temporary Brown Act amendments to be lifted 9/30/21 •Return to normal Brown Act requirements re: in-person public participation •Return to normal in-person meetings October 28, 2021 •Staff to coordinate with Member Agency staff regarding in-person meetings, broadcast Et recording of meetings. CLEAN ENERGY eat ALLIANCE 16 Item 3: Administrative a Regulatory Update •Expansion of Clean Energy Alliance •County of San Diego •Response letter sent. •County data being analyzed •Initial results •Next Steps •City of Oceanside •Response letter sent •Cities of Escondido, San Marcos, Vista •Feasibility study completed 6/24/21 CLEAN ENERGY ALLIANCE 17 1 Item 3: Administrative a Regulatory Update •Amendment to The Energy Authority (TEA) Agreement Executed •TEA providing credit solution for activity with CAISO •Amendment executed to reflect TEA posting on Behalf of CEA, and •credit posting terms •No change to cost of services 6/24/21 CLEAN ENERGY Woos. ALLIANCE 18 Item 3: Administrative Et Regulatory Update •Regulatory Update - Ty Tosdal, Tosdal APC CLEAN ENERGY ALLIANCE 6/24/21 19