Central Coast Community Energy (3CE) Policy Board
February 21, 2024

-$17.5
-$3.0
Act
Bud
$53.3
$52.2
$0.0
$10.0
$20.0
$30.0
$40.0
$50.0
$60.0
$70.0
$80.0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Actual
$452.2 Budget
$455.6
$0.0
$100.0
$200.0
$300.0
$400.0
$500.0
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Actual
Budget
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Actual (T48/T8) 415 407 429 406 370 383 362 399 389 424 442 409 Budget 453 425 424 431 393 432 396 419 426 442 456 435
0 50
100
150
200
250
300
350
400
450
500

CUSTOMERS

SALES VOLUME
409 GWh

STD MARGIN
-$17.5M (45%)
Δ in NET ASSETS
-$20.4M

REVENUE
$39.8M
Cumulative YTD Electricity Sales
Cumulative YTD Direct Margin
(Electricity Sales less Cost of Energy)
Data Definitions:

CUSTOMERS: Count of active customers from Calpine.

REPORTED / SALES VOLUME: Best available estimate of actual meter volume. Currently based on T+8 SQMD Report and T+48 when available.

REVENUE: Total Operating Revenue, net of uncollectible, (excludes Miscellaneous and Interest income).

NON-OP REV: Other uses, primarily Interest Income
ELECTRICITY SALES: Sales from electricity (net of uncollectible).

STD MARGIN: Electricity Sales less cost of energy (Forecasting & scheduling included in Cost of Energy to match budget) ACTUAL: Same as sales volume above
BUDGET: Volumes from FY22/23 budget (no update for amended budget) Monthly Sales Volume (GWh)
Financial Dashboard: September 2023
Margin %

CUSTOMERS
457,000
ACTIVE
September revenue of $39.8M accounts for
409 GWh in net retail consumption.

Fiscal Year electricity revenue is $452M
compared to an amended budget of $456M.

YTD Direct Margin (defined as Electricity
Sales less Cost of Energy) of $53M is ahead
of amended budget by $1.1M.

The chart to the right shows volume
comparison to budgeted volume.

The charts below display cumulative
revenue and margin $ vs budget.
31%
48%
21%
37%
46%
16%
Res
Com
Ag
YTD Month
33%
47%
19%
39%
44%
16%
Res
Com
Ag
YTD Month
Revenue $39.8
C.O.E. $56.4
OpEx $3.9
Net Income -
-44.9% $20.4
-7.5%
Act
Bud
Margin $
10 Page 150 of 169
Return of Investments YTD Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep CASH AND CASH EQUIVALENTSRiver City Bank - Money Market and other Interest Earning AccountsFunds Invested - Average Balance $ 70,230,463 68,793,882 $ 70,636,473 $ 68,570,477 $ 76,819,998 $ 92,274,506 $ 104,647,869 $ 105,080,118 $ 111,614,272 $ 114,000,514 $ 119,614,629 $ 126,865,152 $ Gains/Losses/Interest $ 85,008 2,528,887 $ 94,651 $ 119,286 $ 123,533 $ 137,627 $ 205,218 $ 240,392 $ 257,694 $ 273,188 $ 302,124 $ 332,859 $ 357,308 Average APY 1.48% 1.62% 2.03% 2.16% 2.15% 2.67% 2.76% 2.94% 2.94% 3.18% 3.34% 3.38%INVESTMENTSRiver City Bank - Treasury-indexed productsFunds Invested - Average Balance $ 45,259,882 40,162,814 $ 55,127,902 $ 47,699,367 $ 47,828,254 $ 42,893,075 $ 42,856,284 $ 42,594,899 $ 42,768,287 $ 32,732,944 $ 47,754,493 $ 40,000,000 $ Gains/Losses/Interest $ 67,213.37 2,052,288 146,549.22 207,805 214,163 186,551 167,504 148,003 185,195 177,344 206,535 224,925 $ 120,500 Average APY 2.01% 3.89% 4.52% 5.39% 4.68% 4.69% 4.14% 5.22% 4.98% 7.57% 5.65% 3.62%RBC GAM / Principal Financal/ Schwab/ ChaseFunds Invested - Average Balance $ 75,641,706 75,380,564 $ 75,948,593 $ 76,212,285 $ 76,458,827 $ 76,851,697 $ 77,101,019 $ 77,341,109 $ 77,675,387 $ 77,988,923 $ 78,339,918 $ 78,686,011 $ Gains/Losses/Interest $ 143,733.97 3,461,134 261,142.30 306,886.17 266,301.86 246,542.46 392,869.54 252,509.11 240,089.34 334,278.08 316,486.41 350,995 $ 349,299 Average APY 2.29% 4.14% 4.85% 4.19% 3.87% 6.13% 3.93% 3.73% 5.16% 4.87% 5.38% 5.33%

CENTRAL COAST COMMUNITY ENERGY
Investment Summary
October 1, 2022 through September 30, 2023

Current 0 - 30 Days 31 - 60 Days 61 - 90 Days > 91 Days A/R Balance 9,802,764 19,424,430 2,510,135 608,982 412,964 32,759,275

CENTRAL COAST COMMUNITY ENERGY
Summary of Accounts Receivable, Net of Bad Debt Allowance As of September 30, 2023

Report Item 14
TO: 3CE Policy Board of Directors
FROM: Seth Capron, Community Advisory Council Chair
SUBJECT: CAC Report
DATE: February 21, 2024
February 7, 2024 Community Advisory Council Meeting
Energy Affordability & Arrearage Management Plan – Discussion Item  Update on impending potential wave of customer shutoffs  A great deal of concern about possible outcomes for low-income customers FY 2022-23 Energy Programs Portfolio Evaluation – Discussion Item  Thorough report covering completed fiscal year
 Look back to identify areas for program improvement
 Of the $14.9 million budgeted for incentives, only $8.3 million, or 56%, was spent. o Each program’s percent of budgeted incentive dollars spent was reported  Electrify Your Ride - $$3.7M or 91%
 Electric Bus - $875K or 44%
 New Construction Electrification - $616K or 41%
 Electrify Your Home - $848K or 59%
 Ag Electrification – $732K or 37%
 Charge Your Fleet - $208K or 17%
 Electrify Your Fleet – $757K or 38%
 Approximately $3.7 million, 44% of funds distributed, were for equity-focused projects o Income-qualified customers, Title 1 schools, and small to medium-sized agricultural businesses.
o Programs rated on uptake by underserved communities
 Programs resulted in 4,732 metric tons of CO2
o Each program analyzed for the cost per ton of GHG eliminated o GHG reduction needs to be analyzed wholistically, estimating program effects beyond customers actually receiving incentives.
 Notable recommendations
o Continue Electrify Your Ride’s focus on targeting lower income customers o Focus EVCE installation at workplaces and in low income residential areas o Staff is considering implementing a direct-install program for building electrification

 Broaden reach of program beyond middle and upper income homeowners  Target income-qualified customers for no-cost installation  Combine with 3rd party energy efficiency programs to result in lower electric bills
o Update Underserved Communities Outreach and Engagement Plan to better connect o Consider expanding New Construction Electrification to include market rate housing o Consider focusing additional incentive levels for electrifying nonprofit low income multi-family housing o Use data analysis to correlate effective outcomes from specific outreach activities  Report is still in draft state – Please read when presented to the Board 3CE’s Demand Response Strategy Considerations – Workplan Discussion Item  Staff provided a brief report on RFP responses submitted by vendors on a Behind-the-Meter Battery Energy Storage Solution and Demand Response offering  Staff analyzing a range of possibilities offered, including advanced analytics, research-driven customer targeting, flexible platforms for distributed energy resources, and tailored incentives Update on FY 2023-24 Energy Programs – Workplan Discussion Item  Regular update on current fiscal year participation levels in different programs  Highlights include:
o Electrify Your Ride continues to show strong customer participation o Electric Bus Program – Availability of buses continues to impact program o New Construction Electrification – Slow uptake in initial months of fiscal year o Member Agency Electrify Your Fleet – Only 1 application received this fiscal year  Vehicle availability is still an issue
o Member Agency Charge Your Fleet – Only 1 application received this fiscal year o Member Agency Plan Your Fleet – Only 2 agencies have expressed interest this fiscal year
December 6, 2023 Community Advisory Council Meeting
Workplan Demand Response Presentation and Panel Discussion  Key Take-Aways
o Technology with smart devices is advancing rapidly, creating new opportunities. o Demand Response holds the potential to significantly shift loads into hours served by renewable energy, avoiding some of the high cost of battery storage. o Virtual Power Plants created by aggregating customer behind-the-meter batteries is currently the most impactful DR program. This program’s potential will be vastly increased as EV V2G comes online over the next few years. o Demand Response programs are being administered by Investor Owned Utilities, for profit vendors, and CCA’s.
o 3CEnergy is working to determine our appropriate role: developing programs on our own, with third party aggregators, and/or with PG&E.
 Speakers from PG&E Demand Response and Clean Power Alliance (LA/SoCal CCA)  PG&E
o Long history of demand response programs
o Supply Side & Load Modifying

 Some programs run directly by PG&E; others allow participation by third party demand response third party aggregators
 Economic – Shift loads to times of lower wholesale power cost (& cleaner energy)
 Lower customer costs
 System reliability – both system wide and on local distribution circuits  PG&E is credited with reductions to their Resource Adequacy requirements.
 Many third party aggregators are using technology to connect a large variety of devices, making more loads controllable & dispatchable  Emergency Load Reduction – Reduce loads during times of grid stress  Voluntary load reductions
 Through PG&E or third party aggregators
 Includes Virtual Power Plants with:
o Behind the Meter batteries
o Curtailing charging on aggregated groups of EV’s
 EV’s include load time shifting as well as initial V2G programs under emergency grid stress
 Will include considerable Vehicle to Grid in the future  During grid stress events power is valued up to $2 per kWh!  CAISO counts on these DR GW reductions in balancing supply & demand  Clean Power Alliance (CPA)
o DR programs are difficult to manage in-house. CPA engaged Autogrid to administer their programs
o Three DR Programs
 Smart Home
 Automated load reductions/shifting using Smart Connected Devices  Substantial incentives for each enrolled device – $85 - $400  Ongoing participation incentives per device - $25 to $300  Power Response - Homes
 Manual adjustments of home loads (no smart devises)
 Enrollment incentive for CARE/FERA of $20
 Participation incentives (all customers) of $2/kWh in reductions  Reductions calculated based on comparison to historical usage  Power Response – Commercial (and public agencies)
 Businesses with regular loads between 4pm & 9pm
 Automated with smart devises or manual load reductions  Incentives based on monthly average kW reduction
 Up to $80 per kW each year for power reduction during events  No penalties for opting out of events (some PG&E programs have penalties)
 Multi-Family Communities
 For affordable rental housing developments
 Autogrid serves as third party program implementer
 Enrolls customers, monitors market pricing, manages bids, and dispatches resources
 Enrollees commit to a certain number of events per year

 20 for residential programs
 15 for commercial programs
 Events up to four hours
 Customers notified by text and/or email
 Customers can opt out of automated curtailments
o CPA has budgeted for extensive brand & program awareness  Included billboard & transit ads
 Social media & digital ads
 Radio ads
 Direct outreach to commercial & multi-family
 Program promotion includes emphasis on brand awareness by the public Update on the FY 23/24 Communications & Outreach Plan for Energy Programs  Similar to presentation provided to Ops Board earlier by Dawn Mathis-Park, 3CE Director of Communications & Outreach
Update on FY 2023-24 Energy Programs
Information provided on the release of the FY2023-24 updates to our public and member agency programs
COO Report – Discussion Item
COO Shaw & CCO Catherine Stedman provided updates on:
 Staffing Updates
o CCA concerns about departure of Program Department leadership o Jon Griesser and Dan Bertoldi did an outstanding job of significantly ramping up our energy programs, and they leave behind some big shoes to fill.  Yellow Pine Solar 1 Ribbon Cutting
 Operations Board Approves 15 Year SunZia Wind PPA
o 3CE’s most important energy supply contract to date
o Part of largest renewable energy project in the world - Will supply 12% of 3CE load o Time zone delta and evening wind production hours complement CA solar  PG&E General Rate Case Approval Impacts Customer Bills o Concerns about overall increase in electricity costs and impacts on electrification o Our customers will tend to blame 3CE for PG&E’s increase distribution & transmission charges
 Operations Board Approves $1.5 Amendment For Electrify Your Home o Great that state program is up and running again
o Starting to get some traction with this building electrification program o CAC would like to see additional expanded, innovative programs adopted in building electrification space
 3CE Seeks Qualified Salesforce CRM Vendor to Support Energy Programs and Customers o A needed move to efficiently administer customer communications, programs & track progress on customer engagement

Staff Report Item 15
TO: 3CE Policy Board of Directors
FROM: Robert M. Shaw, Chief Executive Officer
PREPARED BY: Dawn Mathes-Park, Director of Communications and Outreach SUBJECT: Receive the 2023 Annual Impact Report
DATE: February 21, 2024
RECOMMENDATION:

This memorandum recommends that the Board receive the 2023 Annual Impact Report.

DISCUSSION:

The 2023 Annual Impact Report illustrates 3CE’s progress in 4 focus areas: (1) reducing emissions, (2) supporting a cleaner more reliable grid, (3) investing in our communities, and (4) delivering stable and responsible rates.

The report highlights the agency’s investment in several innovative geothermal, wind, and solar plus storage renewable energy projects, including:
- Mammoth Casa Diablo, California’s first major geothermal project in 30 years. - SunZia Wind, the largest clean energy infrastructure project in US History. SunZia’s wind energy will peak at night when solar energy fades, providing important balance for the grid (expected to be online in 2026).
- Willow Rock Energy Storage Center, the largest compressed air energy storage project in the world (expected online in 2028). This innovative technology reduces environmental impact and hazards of traditional batteries. Building new energy storage capacity is essential to maximizing the benefits of 3CE’s renewables portfolio and is also critical to making California’s grid more reliable.
- Yellow Pine and San Luis West, both solar plus storage projects.

Additionally, the report highlights 3CE’s investments in our communities through Energy Program rebates and incentives, including:
- New Construction Electrification at Sparrow Terrace and the Alfred Diaz Infante apartments. - The growth of 3CE’s Electrify Your Home program.
- Support for electric buses and vans in communities of need, including the City of Guadalupe and The Gateway Center.

- 30 Ag Electrification projects in all 5 counties.

Altogether, the report demonstrates consistent progress toward agency goals and highlights positive, customer-focused community impact.

ATTACHMENT(S):

1. 2023 Annual Impact Report

ANNUAL

IMPACT REPORT

CONTENTS
03 Welcome
04 Our Focus
06 Year at a Glance
08 Renewable, Reliable Grid
10 Community Investment
16 Responsible Rates and Cost Savings
17 3CE in the Community
19 2023 Boards of Directors
Dear Boards and community members,
I am pleased to present Central Coast
Community Energy’s (3CE) 2023 Impact
Report. As we move ever closer to 100%
clean and renewable energy, 3CE is
making a positive change in the lives of
our customers and providing opportunities
to actively participate in the fight against
climate change.

This year, 3CE celebrated five years of
service and hit many significant milestones.

We welcomed San Luis Obispo County
and the City of Atascadero as members.

We invested in the largest clean energy
project in U.S. history and saw power
delivered from the first new geothermal
power plant built in the last 30 years
within the California Independent System
Operator (CAISO) power grid.

With the support of local labor and
community stakeholders, 3CE formally
adopted Project Selection Methodology
that ensure our investments in renewable
energy projects, meet our clean energy
goals, reflect the demand for a skilled
workforce, encourage innovation, and
engage communities where projects will
be located.

Our progress has been significant, but
there remains work to do in acquiring
additional sources of renewable energy,
bringing investment to our communities,
and being purposeful in our commitment
to energy equity and affordability.

As we look ahead, we can’t lose sight
of the differences 3CE is making today,
not only through the procurement of
clean energy, but through our community
programs that have helped over 1,000
customers adopt clean electric vehicles,
improved air quality through all-electric
homes, removed diesel buses, and are
spurring a fundamental change toward
electrification among our agricultural
communities.

Together with our dedicated staff, I am
honored to carry out the mission of 3CE
and to earn the support of the more
than one million customers we serve.

We invite everyone in our Central Coast
community to enjoy this report and to let
us know how we can better empower you
to take meaningful climate action. We are
committed to accelerating the path to a
clean and sustainable future.

Thank you,
Robert M. Shaw
Chief Executive Officer
February 2024

Our Focus
3CE is focused on reducing greenhouse gas
emissions caused by burning fossil fuels. By
sourcing cost-effective clean and renewable
energy and providing customers with tools and
financial resources to electrify their transportation,
homes, and businesses, we are making powerful
progress toward this goal.

On behalf of our customers and the planet, 3CE
supports additional, new renewable energy and
energy storage projects that make California’s
grid cleaner and more reliable. Together with our
customers, we’re on a path to 100% clean and
renewable energy.
3CE responsibly serves California’s Central
Coast ensuring that our programs and
operations invest equitably in our local
communities. Next to procuring clean and
renewable energy, investing in customers and
communities we serve is the driving force for all
3CE does.

As a public agency, 3CE is committed to a transparent and inclusive process for all operations and policies. Nowhere is this more apparent than in the rate-setting process where the goals are clear and consistent: covering the costs to generate electricity from clean and renewable energy,
ensuring stable and prudent fiscal customers, and investing in our customers and communities.
05 “3CE is leading by example
to make the grid cleaner
and more reliable for all
Californians. Our procurement
strategy is based on the
idea of additionality: real
progress toward 100% clean
and renewable energy means
adding new resources to the
grid. One of my priorities as
Board Chair is to invest in
more projects that are local
and fully satisfy our labor
and environmental justice
criteria. Cost savings for
our customers is also top
of mind, and measures like
our pre-payment bonds will
keep rates responsible and
competitive. At an individual
level, helping customers
electrify their vehicles,
homes, and businesses
with rebates and technical
assistance rounds out our
commitment to serve our
local communities and
drive progress towards our
renewable energy goals.”
– Das Williams
3CE Policy Board Chair,
County of Santa Barbara
Supervisor

2023 Year at a Glance
Ag Electrification
$700,000 in rebates
24 rebates for all-electric utility
vehicles/tractors, irrigation pumps,
harvesters, forklifts, scissor lifts,
generators and chillers
17 of 30 projects supported
designated Small Business farms
Supporting the Largest
Compressed Air Energy Storage
Project in the World
Willow Rock Energy Storage Center will
provide 200 MW annually for 25 years
Innovative technology reduces environmental
impact and hazards of traditional batteries
Expected online in 2028. Enough clean
energy storage to power 150,000 homes
5YEARS

OF SERVICE

AND POWERFUL PROGRESS
“It’s impressive to see the progress 3CE helps
make possible, both locally and statewide. In
this past year, we brought a new solar-plus-storage facility online, and we invested in an innovative compressed-air project that will store
energy longer than conventional batteries.

Since its inception, 3CE has spawned billions
in investment in renewable carbon-free energy.

Meanwhile, 3CE customers put more than 1,000
new EVs on the road with help from the agency’s
rebates. I’m especially heartened by the County
of San Luis Obispo and the City of Atascadero’s
decision to join 3CE – these are important votes
of confidence in the work we’re doing and bring
unity to local energy policy across
the Central Coast.”
– Derek Johnson
3CE Operations Board Chair and
Director of Community Development
for the City of San Luis Obispo
When 3CE provided the tools
and financial resources to
help customers electrify their
transportation, buildings, and
our iconic ag industry, our
customers leaned in.
3CE Customers Make 2023 a
Record Year for Energy Programs
San Luis Obispo County Votes to Join 3CE
140,000 new customers to enroll January 2025
Transportation Electrification
$3.7 million in rebates
750 EV chargers
1,000 new or used EVs
600 “readiness” electric
panel updates
Building Electrification
$1.97 million in rebates
78 all-electric water heaters
412 all-electric heating or air
conditioning units
200 newly built all-electric
affordable housing units
Supporting the Largest Clean Energy
Infrastructure Project in U.S. History
More than 1.1 million customers and
33 Central Coast communities served
$2.8 billion invested in renewable
energy and energy storage projects
$26 million made available to customers
through 3CE Energy Programs
SunZia Wind Project will provide 3CE 200 MW
annually for 15 years
Wind energy typically peaks when solar
energy fades, providing balance for grid
Expected online in 2026. Enough clean energy
generation to power 150,000 homes
07 “3CE delivers economic
and environmental benefits
throughout the Central
Coast region and in
communities that need
it most. Our cities and
counties save money and
lower emissions when they
purchase and operate
electric buses and electric
street sweepers. Residents
and local businesses, too,
experience cost savings
and environmental benefits
when they electrify their
own transportation. It’s
through programs like these
that we improve air quality
and quality of life in our
communities.”
– Yvette Lopez Brooks
3CE Policy Board Vice Chair,
Vice Mayor of Capitola

Renewable, Reliable Grid
OUR PROGRESS TO 100% RENEWABLE
27%
Online
39%
Under Construction
12%
In Negotiations
22%
Left to Procure
20% 40% 60% 80% 100%
Central Coast Community Energy customers helped move the agency to several major renewable energy milestones in 2023. Investment in these new renewable energy projects allows our community to make incremental progress towards our shared goal of 100% renewable energy. Reliable and renewable energy requires a diverse portfolio of renewables coupled with innovative energy storage capacity. Here’s what we’ve done this year to bring renewable and reliable energy to the Central Coast community.

To do so, 3CE is partnering with Willow Rock
Energy Storage Center, one of the world’s
most advanced compressed-air energy storage
facilities, located right here in California.

Building new energy storage capacity is essential to maximizing the benefits of our renewables portfolio, and it’s also critical to making California’s grid more reliable. • When solar energy fades, the wind turbines keep spinning. SunZia, our largest wind energy contract to date, will supply 11% of 3CE’s total load for the next 15 years. • No matter the weather or time of day, California’s first major geothermal project in 30 years is now online and provides clean energy to 3CE customers 24/7. • Two new solar-plus-energy-storage projects, Yellow Pine Solar Energy Center and San Luis West Solar and Storage, will provide enough renewable energy to power more than 100,000 homes annually.
“A clean, reliable electric
grid is critical to reducing
emissions and building
community resilience to
climate change. With the
right investments in clean
technology and customer
engagement, we can
harness renewable energy
that is generated and
stored locally. This will bring
more control to customers
and communities and keep
energy costs affordable.”
“3CE continues to weave diverse clean
and renewable energy resources into
the grid. From geothermal to solar and
wind, we’ve invested boldly in projects
that bring clean, emission-free power
online. This commitment has made 3CE
a major contributor to the renewable
energy landscape.” – Garrett Wong
Climate Program Manager,
County of Santa Barbara
– Bruce McPherson
Santa Cruz County Supervisor,
3CE Policy Board Member
How can we reduce emissions at existing, active non-renewable facilities? Deploying battery technology at natural-gas facilities is a key strategy to reduce emissions for our communities and build reliability for California. 3CE will continue to explore and invest in new technologies that not only bring new renewable energy to the market, but also reduce emissions of the conventional grid.

Each year, through innovation and shared accomplishments, we move farther along the road to 100% clean and renewable energy.

Innovating to Reduce Emissions

Community Investment Through
Energy Programs
Communities throughout the Central Coast are facing challenges in increasing housing supplies and building new housing to meet regional needs. Equipping these new homes with all-electric appliances is the best way to improve residents’ health by reducing greenhouse gas emissions and improving indoor air quality, while future-proofing against the need for costly retrofits. 3CE is helping to ensure that new housing is built all-electric by offering incentives through our New Construction Electrification Program.

Reducing Emissions Through New, All-Electric Affordable and Farmworker Housing
As a local public agency, 3CE’s core mission is to
serve customers and the community. By investing
in our communities, 3CE gives our customers tools
and resources to make energy choices that reflect
their personal values and lifestyles. Customers can
apply for rebates to electrify their transportation,
homes, and work spaces. Demonstrating 3CE’s
commitment to equity in community investment,
more than one-third of program dollars this
year went to projects supporting underserved
customers or communities.

Electrifying the Central Coast is not only good
for business and for the environment, it also
makes our lives healthier. Last year, rebates from
our Energy Programs helped reduce estimated
carbon dioxide emissions equivalent to taking
almost 700 cars off the road – and that’s in
addition to the nearly 1,000 new electric vehicles
3CE helped fund.

In October, Sparrow Terrace, a development
of 72 new affordable rental apartments in
Watsonville, reached a construction milestone
with a wall-raising ceremony, a powerful
symbol of hope for its future residents. The
development will include a community center,
green spaces, garden boxes, and a playground,
and will receive a portion of its power from a
solar energy system. The project is funded in
part by a $180,000 contribution from 3CE.

Farmworker families are preferred for 35 homes, and six homes are reserved for individuals who have been unhoused. Residents will receive free onsite services such as help with employment, exercise and nutrition, and access to community resources, and those with supportive housing needs will be provided with case management.
“CHISPA is starting to move
66 families into our affordable
Alfred Diaz-Infante Apartment
building. We are happy to
hear the sounds of children
on the play equipment! It is
comforting to know that our
property will not contribute
to Monterey County’s
greenhouse gas load – our
heating, kitchens, and laundry
facilities are all electric. Thank
you to 3CE for helping us fund
this clean-energy complex!”
– Dana Cleary
Director of Real Estate
Development, CHISPA
Looking ahead, the New Construction Electrification
Program will support 17 new affordable housing projects in our communities – totaling 200 new units – with completion dates ranging from 2024 to 2026. Projects underway
include the Cienega Heights development in Watsonville, expected to complete construction in February 2024;
Riverview Estates II in Hollister; and the Lower Stilwell project for military families in Seaside.

Homeowners can make their home
spaces safer, healthier, and more
comfortable by switching gas-fired
water heaters and HVAC equipment
to all-electric heat-pump technology.

This year, an unprecedented number
of customers received rebates
from 3CE’s Electrify Your Home
Program, with $1.4 million in
funding reserved for 590 residential
heat-pump projects.

Making Homes Healthier, Safer and More Efficient
“Electrify Your Home” Program Growth

Over the 40 years that Mickey
Larsen has lived in his Santa
Cruz County home, his heating
system has progressed with the
latest in clean technology. He
first transitioned from a wood to
a gas fireplace for cleaner and
more efficient heating. Now
most recently, with the help of a
3CE rebate, he added an electric
heat pump to his home. “The
electric heat floats very nicely
and quietly throughout the
house,” Larsen says. “The gas
heat, which I’ve had for 20 years
or so, is more of a rush of heat
and it’s rougher.” Larsen says his
new system is more convenient,
efficient, and economical than
his old gas stove: “Who wouldn’t
want to save money? The rebate
tipped the scale for me and I’m
happy I did it.”
“As far as the electrification part – I just really want to be on the cutting edge using the best available
technologies as well as being the most efficient.

Heat pumps are quieter and provide a pathway
for customers to be comfortable all the time. The
general feedback is one of two things: ‘I am more
comfortable all the time and it does not cost me
any more than the gas heater did.’ OR – ‘I am
comfortable all the time and it is costing me less
than the gas heater did.’ In general, this program
has made my company. At the start I had two
employees, now I have seven and four trucks.

Over the two years, I finally made all the right
contacts to get anything figured out and I am a
supporter of the program.”
– Dana Cleary
Director of Real Estate
Development, CHISPA – Dave Brown
Contractor and Electrician,
DB Heating Cooling
Contractors participating in the Electrify Your Home program receive free, high-quality education and training, project support including pre-installation analysis, and hands-on support for those who serve and hire workers in low-income communities.
“The City of Guadalupe is grateful to be part of
Central Coast Community Energy. Through 3CE,
our energy needs are heard, and our community
receives direct benefits from the clean energy and
electrification programs offered by 3CE.”
– Todd Bodem
Guadalupe City Administrator
“The all-electric van helps save hundreds
of dollars in weekly fuel costs when
transporting residents, clients, and
students throughout the community.

Beyond reducing our costs and carbon
footprint, the bus is a source of comfort
and pride for our clients.”
– Robert Freiri
Executive Director of Gateway Center
Affordable, accessible transportation helps the people of the Central Coast live fuller lives and enjoy a wider range of activities. Electrifying the buses and vans that travel our roads improves local transportation services and air quality, a win-win for the community and the environment. Moreover, bus electrification means greater capacity to participate in future vehicle-to-grid technologies. But for many underserved communities and nonprofits on the Central Coast, electric buses seemed a luxury unattainable…until 3CE’s Electric Bus Program rolled into town.
• In September 2023, the City of Guadalupe debuted its first all-electric transit bus with the help of a $250,000 rebate from 3CE. The bus is operated in partnership between the City and Smooth to serve a small Central Coast community where nearly one-third of residents live at or below the state poverty line. In addition to providing critical transportation services, the new bus is projected to reduce greenhouse gas emissions by more than 85 metric tons of CO2 each year – equivalent to taking 18 gas-powered passenger vehicles off the road. 3CE has offered incentives and rebates for electric buses for two years now, awarding nearly • $1.1 million in funds for 24 new, clean-running vehicles. Guadalupe transit-system ridership is projected to grow by nearly 23% year over year in 2023-24.
• In August, the Gateway Center of Monterey County, which serves adults with developmental disabilities, held a ribbon-cutting for its new, wheelchair-accessible transport van. Gateway’s mission is to empower its participants to live full and productive lives with dignity and independence within the community, and the new E-van will let the Center help more people while providing a healthier ride. The purchase was made possible with a $2,000 rebate from 3CE’s Electrify Your Ride Program. Gateway Center of Monterey County is a nonprofit, community-based organization that provides a wide range of services, including residential care, developmental training, and activity programs.

Electric Buses Support Those in Need

California farms are an iconic source of health and natural bounty, planting the seeds of a sustainable future for generations to come. The fruit, vegetable, and wine growing operations of the Central Coast are leading innovators in the state and have proved themselves to be ripe for electrification.

Growing a Sustainable Future
Anatum Winery sits quietly in rolling hills along Falcon View Terrace in Watsonville. Contributing to the peacefulness, owner Chris Broaddus operates all-electric equipment throughout the property. He decided to remove diesel-powered equipment from the vineyard to reduce both fossil-fuel emissions and noise. Broaddus has applied for and received an equipment rebate every year since 3CE launched our innovative Ag Electrification Program in 2019. Together, his all-electric equipment – including a standard-size tractor, utility vehicle, forklift, and steam box – spares about 982 gallons of diesel per year, equivalent to taking two gas-fueled cars off the road and showing how even smaller farms can make a difference.
“3CE’s ag electrification rebates for our
vineyard and winery equipment, paired
with the ability to charge off solar and
batteries, have been a game-changer,”
said Broaddus. “We’re not only reducing
business costs but also reducing our
environmental footprint. Embracing these
incentives has helped our family business
to grow in a way that aligns with our
values of protecting the land we rely on.”
– Chris Broaddus
Anatum Winery
New electric equipment can require training to install and operate. In September, 3CE Policy Board Director Steve
McShane along with agency staff met with the Ag and Land Based Training Association (ALBA) in Salinas. ALBA is an organic farm incubator, providing workforce development and education to aspiring farmers through hands-on training. Two small farmers who went through ALBA’s training received 3CE rebates for all-electric “micro-tractors,” and ALBA received an incentive to purchase the same model for its training courses. for farms in all five counties the
agency serves, with most of the
participating farms being small
local businesses.
“We’re grateful for the rebate because we’re always
trying to improve our carbon footprint and our mission
aligns with 3CE.

A lot of ag tech is out of the price range for small farms like ALBA. Incentives like the 3CE Ag Electrification
Program have made this equipment possible.”
– Nathan Harkleroad
ALBA Program Director
This year, 3CE approved
$700,000
30 to
fund
Ag Electrification projects
28%
32%
40%
Irrigation Pumps,
Portable Power &
Other Harvest Equipment
Tractors & Forklifts
Utility Vehicles
To support their new electric equipment, customers
participating in the Ag Electrification Program can
receive no-cost concierge service for installing
charging stations, and farms are also eligible to receive incentives for EV chargers and readiness through the
Electrify Your Ride Program.

Responsible Rates and Cost Savings
Doing More with Your Energy
Amidst a year of continued volatility in the energy
market, 3CE maintained stability and cost savings.

Despite steady increases in statewide and national
energy costs during recent years, 2023 marked yet
another year when 3CE customers saved money
relative to our investor-owned utility counterparts. In the latest rate comparison, 3CE customers saved an
average of 24% in 2023.

To continue cost savings for customers over time,
3CE secured its first prepay bond issuance to
finance clean-energy supplies. The $647.8 million
bond issuance is projected to save 3CE customers
nearly 11.4% in energy costs, which translates to
$32.9 million in the cost of energy over the initial
seven-year period of the bonds.

The value of choosing 3CE for clean energy goes
beyond responsible rates and cost savings. This
year, 3CE allocated $6 million in community
investment through energy program customer
rebates.

When 3CE customers pay their bills, they’re
doing more with their energy than ever before.

Revenue generated by customers stays local
and helps keep electricity rates affordable,
while also funding innovative renewable energy
projects and energy programs designed to
lower greenhouse gas emissions and stimulate
economic development. Together with our
customers, we’re using power for good.
3CE is an integral part of the communities we
serve. We are dedicated to being a leading voice
in California’s statewide clean-energy transition, as
well as providing public education, outreach, and
participating in local events.

This year, at the agency’s annual meeting celebrating
five years of service, 3CE helped lead the state-level
dialogue on renewable energy by hosting discussion
panels that included officials from the California
Public Utilities Commission, the state Department
of Water Resources, the state Air Resources Board,
and the California Farm Bureau Federation. 3CE
membership gives our communities a literal seat
at the table by convening panels like “Community
Electrification Exchange: Leaders in Dialogue,”
moderated by the Sustainability & Natural
Resources Official for the City of San Luis Obispo.

This was also the year when the San Luis Obispo
County Board of Supervisors voted to join
3CE, bringing the unincorporated area of the
county into membership and completing the
agency’s planned expansion following the City
of Atascadero voting to join last year.

A Voice for Our Customers
3CE in the
Community
Currently Enrolled Enrolling January 2025 Not Enrolled

Community Outreach and Education
3CE employees live, work, and play in the Central Coast community. We’re your neighbors, your colleagues, and your friends. Our outreach team conducts and sponsors a wide variety of events throughout the year to support a thriving Central Coast. This year, 3CE staff participated in or sponsored almost 70 outreach events in partnership with community-based organizations and local agencies. We provided our expertise at the California Public Utilities Commission Small and Diverse Business Expo, participated in local television, radio and digital media features, sponsored multiple regional Earth Day celebrations, and hosted a series of bilingual educational webinars. We served as an informational, educational, and funding resource to 33 local cities and counties. As we march towards 100% renewable energy and invest in our communities, we’re building a bright, sustainable future for the Central Coast.
“It’s incredibly rewarding to see the shared
successes 3CE and its customers have achieved
during my past three years as Policy Board Chair.

With the remarkable dedication and passion
among the members and current leadership of
the board, and the talent and professionalism
of agency staff, 3CE will continue on the way
toward a sustainable energy future for the
Central Coast.”
– Steve McShane
3CE Policy Board Member,
Salinas City Council Member
Table/Booth
Sponsored/Hosted
Farmworker Outreach
with Radio Partner
Presentations
Educational Webinars
2023
Outreach
Events
2023
BOARD

MEMBERS

POLICY BOARD
Steve McShane, Chair;
Das Williams, Vice Chair
Mary Adams, Jeff Baron,
Yvette Lopez Brooks,
Scott Donaldson, Jimmy Dutra,
John Freeman, John Hamon,
Fred Keeley, Kollin Kosmicki,
Jan Marx, Bruce McPherson,
Wade Nomura, Claudia Orona,
Dawn Ortiz-Legg, Alice Patino,
Jose Rios, Ed Waage

OPERATIONS BOARD
Derek Johnson, Chair;
Jamie Goldstein, Vice Chair
Rebecca Campbell,
Sonia De La Rosa, Ray Espinosa,
Jorge Garcia, John Guertin,
Matt Huffaker, Peter Imhof,
Ty Lewis, Rene Mendez,
Mona Miyasato, Randy Murphy,
Carlos Palacios, Jim Pia,
Don Reynolds, Jason Stilwell,
Paul Wood

POWER FOR GOOD
Farmers Market, San Luis Obispo
Farmers Market, San Luis Obispo