Board of Directors Meeting
November 21, 2024
Item 1: Solar Plus Program
Expansion
2 Why Solar Plus Changes?
• Current Program has limited pricing options
• Tesla, inc. has several process limitations
• Certain Roof Types Ineligible
• Customer Sales Support Limited
• Customer Feedback on Rate Structure
• Flat Fee Battery Rate Structure Unattractive
• Lacks the ability to compare with other solar providers’ proposals 3 Solar Plus Connect
• Addresses Customer recommendations
• Allows Local Installers (Channel Partners)
• Channel Partners must be approved to participate
• Channel Partners increase Customer Acquisition
• Channel Partners provide White Glove Service
• Channel Partners provide services in different languages 4 Proposed Rates
• Adding a lower upfront battery rate to current offerings • $93.55/month for first battery plus 1.9% escalator vs $115/Month • Introducing blended rates based on custom system design • Range from $0.16/kWh - $0.32/kWh based on customer needs 5 Blended Rate Examples
Customer Offer
Powerwall(s) 1 2 2 1 3
Solar System Size (kW) 7 12 17 13.5 12
Blended Rate ($/kWh) $0.220 $0.215 $0.195 $0.160 $0.320 6 SGIP Background
• California's Self-Generation Incentive Program (SGIP) provides financial incentives to residential and commercial customers who install solar and energy storage systems
• AB 209 expanded access to incentives for low-income
customers
• SGIP incentive covers approximately 85% of the average energy storage system
7 Solar Plus SGIP Offering
• Approval of Solar Plus Connect & the Channel Partner
Agreements would allow the Solar Plus program to
incorporate SGIP incentives for income qualified customers. • Customers must be participating in CARE or FERA rate. • Average CARE customer electricity cost: $0.30/kWh
• Solar Plus SGIP rates would further reduce customer costs & provide clean energy:
• $0.07/kWh for systems < 10KW
• $0.096/kWh for systems > 10KW
8 Proposed Agreements & Rates
• Approval of the Solar Plus Connect & Solar Plus SGIP Rate Schedules will:
• Add a lower upfront battery rate with a 1.9% escalator • Expand the reach of Solar Plus by adding Channel
Partners
• Establish a blended rate structure providing more choice • Establish an SGIP rate for CARE/FERA customers
9 Questions/Discussion
10 Item 4: CEO Report
11 Oceanside & Vista Enrollment
Stats
12 City # of Eligible
Customers
# of Opt-Downs to
50%
Renewable
# of Opt-Ups to
100%
Renewable
# of Opt-Outs
Participation
Rate
Oceanside 70,540 198 70 3,951 94.4%
Vista 37,910 82 266 1,596 95.8%
TOTAL 108,450 280 336 5,547 94.9%
CEA Enrollment Stats
13 Member City Clean Impact – 50%
Renewable
Clean Impact Plus -
75% Carbon Free
Green Impact – 100%
Renewable
Carlsbad 160 49,98 214
Del Mar 4 2,784 67
Escondido 138 53,149 61
Oceanside 177 64,022 65
San Marcos 119 34,612 63
Solana Beach 15 6,911 157
Vista 75 34,697 263
TOTAL ACCOUNTS 688 243,673 890
Battery Retrofit RFP
• Program will be designed for residential customers
• Deploys batteries for existing solar systems
• Makes battery storage affordable
• Enhances peak load management
• Increases local resiliency and reliability
• Supports overall grid health
14 Battery Retrofit RFP Timeline
15 Task: Date:
Issue RFP November 25, 2024
Deadline for written questions to be submitted December 20, 2024, 5:00 PM PDT Responses to written questions (posted to website) January 10, 2025 Submittal due date January 17, 2025, 5:00 PM PDT
Evaluate Proposals (oral interviews if needed) January 20-February 14, 2025 Results to Board for Selection February 28, 2025
Power Source Disclosure Program
• California Energy Commission requirement of retail suppliers • Annual Power Source Disclosure (PSD) Reports disclose the mix of energy sources used to provide electricity during the previous calendar year
• Product Content Label
• Act as a summary of the annual PSD Reports
• Provides a side-by-side comparison of CEA product offerings and California’s utility average (similar to a nutrition label) • Must be mailed to CEA customers by January 31, 2025
• Mailer graphics include a Green Impact advertisement this year 16 2023 Power Content Label
17 Completed Community Events
18 DATE DESCRIPTION
November 13, 2024 Dr. Bronner’s Green Team Presentation November 19, 2024 Vista Unified School District Climate Action Committee Presentation November 19, 2024 Community Climate Conversations at CSUSM November 20, 2024 Power Association of California (PANC) “Fireside Chat” – Evolving Landscape of Energy Storage in the San Diego Region
Upcoming Community Events
19 DATE DESCRIPTION
December 2024 Various Tree Lighting Ceremonies for Member Agencies Solar Plus Update
20 • 15 Active / 3 Complete Contracts (as of 11/13/24)
• Solana Beach 1 Active, 0 Complete
• Carlsbad 1 Active, 1 Complete
• Escondido 3 Active, 0 Complete
• San Marcos 4 Active, 0 Complete
• Oceanside 3 Active, 1 Complete
• Vista 3 Active, 1 Complete
Questions/Discussion
21 Item 5: Regulatory Update
22 Clean Energy Alliance: Regulatory Update
Tim Lindl – Keyes & Fox LLP
November 21, 2024
Overview
● SDG&E 2025 Energy Resource Recovery Account (ERRA)
Forecast Case (A.24-05-010)
● SDG&E Phase I General Rate Case
24 25
Setting PCIA Rates
YEAR-END
PABA BALANCE
FORECASTED
INDIFFERENCE
AMOUNT
PCIA REVENUE
REQUIREMENT
26 Setting PCIA Rates
TOTAL COST
OF UTILITY
PORTFOLIO
MARKET
VALUE OF
UTILIY
PORTFOLIO
INDIFFERENCE
AMOUNT
(PCIA)
RPS ADDER
($/GWH) *
GWh
MARKET
VALUE OF
UTILITY
PORTFOLIO
ENERGY
INDEX
($/GWH) *
GWh
RA ADDER
($/MW) *
MW
Developments in the ERRA
● Recall earlier when:
○ Commission ruled capping the RA Adder was out of scope ○ Judge’s October 8 Ruling renewed questions re the RA Adder ● SDG&E filed its October Update on October 21
○ Followed the Scoping Ruling – used published MPBs
○ No comments filed
27 Developments in the ERRA
● November 6: Updated RA Adder published by Energy Division ○ The RA Adders decreased overall, increasing PCIA rates and decreasing bundled customer rates
○ Net result was:
■ Bundled rates: Decrease by $0.0025/kWh
■ PCIA rates: Increase by $0.0006-$0.0009/kWh
● November 15: SDG&E files first of two advice letters with 1/1/2025 rates
28 Most Up-To-Date Rates
29 SDG&E Phase I General Rate Case
● Proposed Decision denied Miramar investments and (largely) supports CCA position on vintaging.
● Oral arguments and the filing of Opening Comments and Reply Comments have occurred
● Parties mostly silent on the vintaging issue.
● Next Steps: Possible adoption at December 5th Meeting 30 QUESTIONS?
Tim Lindl
[email protected]
(510) 314-8385
31 Item 7: Power Source
Disclosure/Power Content Label
32 Power Source Disclosure Program
• California Energy Commission requirement of retail suppliers • Annual Power Source Disclosure (PSD) Reports disclose the mix of energy sources used to provide electricity during the previous calendar year
• Product Content Label
• Act as a summary of the annual PSD Reports
• Provides a side-by-side comparison of CEA product offerings and California’s utility average (similar to a nutrition label) • Must be mailed to CEA customers by January 31, 2025
• Mailer graphics include a Green Impact advertisement this year 33 Power Source Disclosure Program
Recommendation:
• That the CEA Board adopt Resolution No. 2024-024 attesting to the veracity of the 2023 Power Source Disclosure Reports and Power Content Label addressing the Clean Impact,
Clean Impact Plus and Green Impact Retail Electric Service Offerings
34