Pioneer Community Energy Board of Directors
December 19, 2024

Board of Directors
Chair: Alice Dowdin Calvillo
Vice Chair: Tom Ivy
City of Auburn
Alice Dowdin Calvillo
Sandra Amara, Alternate
City of Colfax
Sean Lomen
Kim Douglass, Alternate
County of El Dorado
John Hidahl
Lori Parlin, Alternate
City of Grass Valley
Tom Ivy
Jan Arbuckle, Alternate
City of Lincoln
Dan Karleskint
Holly Andreatta, Alternate
Town of Loomis
David Ring
Danny Cartwright, Alternate
Nevada City
Gary Petersen
Lou Ceci, Alternate
County of Placer
Jim Holmes
Suzanne Jones
Bonnie Gore, Alternate
City of Placerville
David Yarbrough
John Clerici, Alternate
City of Rocklin
Greg Janda
David Bass, Alternate
Pioneer Community Energy
Board of Directors
December 19, 2024

SPECIAL MEETING
2:30 PM - CLOSED SESSION
3:00 PM - PUBLIC HEARING and REGULAR SESSION
Pioneer Community Energy Board Room
2510 Warren Drive, Suite B, Rocklin, CA 95677

PUBLIC HEARING
Public Hearing and Consideration of Adopting a Resolution Authorizing a Rate Adjustment in 2025
Persons may address the Board in person at the address above; by remitting written comment by mail or by email to: [email protected] received no later than 1:00 PM on day of meeting; or, by accessing the Zoom webinar link listed below. Comments are limited to three minutes.

This regular meeting will convene in person at the address printed above, be accessible on the Zoom platform at the following link:
https://us06web.zoom.us/j/89020017279;
and live streamed for viewing on the Pioneer website:
https://pioneercommunityenergy.org/about-us/meetings-and-agendas/.

Members of the public may participate in person or by remote audio/visual access.

Those who participated remotely and wish to comment should be prepared to use the Zoom platform via computer or telephone. Public comment will be opened for each agenda item in sequence.

How to Participate Using Zoom
You can join the meeting using the following link:
https://us06web.zoom.us/j/89020017279.

When you join the meeting, you will be muted by default. To inform the Clerk that you would like to make a public comment, you will use the “Raise Hand” feature.

Public Comment via Computer or Smartphone
If you would like to make a comment, you will use the “Raise Your Hand” feature.

Please note that you should only raise your hand during the item to which you will comment. Instructions for using the “Raise Hand” feature when using a computer or mobile device can be found at the link:
https://support.zoom.us/hc/en-us/articles/205566129-Raising-your-hand-in-a-webinar Public Comment via telephone (Audio Only Option)

1. Dial 1 (699) 900-6833

2. When asked for the meeting ID, enter 890 2001 7279#

3. When asked for your participant ID, press # to continue.

You will be muted by default. To inform the Clerk that you would like to make a comment, during each agenda item, dial *9 to “Raise your hand.” When it is your turn to speak, the Clerk will identify you by the last three digits of your phone number; at that time, dial *6 to unmute yourself and state your name and comment for the record. Please note that you should only raise your hand during the item to which you will comment.

Plf)NEER

COMMUNITY ENERGY
I. GENERAL ADMINISTRATIVE FUNCTION – PART 1
A. CALL TO ORDER

1. Roll Call
B. ADJOURN TO CLOSED SESSION

CLOSED SESSION
1) Public Employee Performance Evaluation - GC §54957
Title: Chief Executive Officer
2) Conference with Labor Negotiators - GC §54957.6
Agency Negotiator: Board Chair
Unrepresented Employee: Chief Executive Officer

OPEN SESSION
A. ROLL CALL
B. PUBLIC REPORT OF CLOSED SESSION
C. AGENDA REVIEW
D. PRESENTATIONS BY THE PUBLIC ON MATTERS NOT ON THE AGENDA WITHIN THE

JURISDICTION OF THE BOARD
Persons may address the Board on items not on this agenda. Please limit comments to 3 minutes per person. According to State Law (the Brown Act), items must first be noticed on the agenda before any discussion or action. The Board is prohibited from discussing issues not on the agenda brought to them at this time.

II. CONSENT AGENDA
1) APPROVAL OF THE CONSENT AGENDA
All items on the Consent Agenda have been recommended for approval by the Chief Executive Officer.

All Consent items will be approved by a single vote. Anyone may ask to address Consent items prior to the Board acting, and the item may be moved for discussion. a) ADMINISTRATION
Approve the minutes of the November 21, 2024 meeting. (ECKERT) b) FINANCE & ADMINISTRATION
Receive Fiscal Year 2024-25 Draft Financial Reports through October 2024. (KOEHN) c) FINANCE & ADMINISTRATION
Adopt Resolution authorizing the Director of Finance and Administration to periodically perform the steps necessary to take possession of unclaimed funds pursuant to Government Code 50050-50057.(KOEHN)
d) LEGISLATIVE & REGULATORY AFFAIRS
Adopt resolution to authorize an increase of staffing positions by one to a total twenty-one (21) full time staffing positions and authorize a fiscal year 2024-25 budget increase of $110,000 to the Regulatory and Legislative Division. (KOEHN)
e) ADMINISTRATION
Adopt Resolution establishing a Governance Committee for Pioneer Community Energy.(ACTION-ECKERT)

PUBLIC HEARING
Persons may address the Board in person; by remitting written comment by mail or by email to:[email protected] received no later than 1:00 PM on day of meeting; or, by accessing the Zoom webinar link: https://us06web.zoom.us/j/89020017279. Comments are limited to three minutes. 2) PUBLIC HEARING
Public Hearing and Consideration of Adopting a Resolution Authorizing a Rate Adjustment in 2025 (ACTION-ECKERT)
Recommendation: 1) Conduct the public hearing; and, 2) Adopt Resolution approving implementation of Pioneer Community Energy’s (“Pioneer”) Customer Generation Rate changes effective February 1, 2025.

III. REGULAR AGENDA
3) ADMINISTRATION
Update on Administrative Changes and Approval of a 30-day Notice to Amend the Joint Exercise of Powers Agreement Therewith
Recommendation: Receive update on Administrative Changes and Approve the 30-Day Notice to Amend the Joint Exercise of Powers Agreement for Pioneer Community Energy. 4) ADMINISTRATION
Update on Expansion and Approval of a 30-day Notice to Amend the Joint Exercise of Powers Agreement (ACTION-ECKERT)
Recommendation: Receive an update on expansion efforts and approve the 30-day notice for a vote of the Board of Directors regarding Amendment No. 7 for Membership to the Joint Exercise of Powers Agreement for Pioneer Community Energy.
5) ADMINISTRATION
Adopt Resolution Commending Director Jim Holmes for His Dedicated Service to Pioneer Community Energy (ACTION-ECKERT)
Recommendation: Adopt Resolution in recognition of Director Jim Holmes for his dedication and outstanding service in directing Pioneer Community Energy.

IV. GENERAL ADMINISTRATIVE FUNCTION – PART 2
A. BOARD MEMBER COMMUNICATIONS
B. CHIEF EXECUTIVE OFFICER COMMUNICATIONS
C. ITEMS FOR INFORMATION

1. Glossary of Terms
D. ADJOURNMENT
Upcoming Meeting of the Board:

January 16, 2025 at 2:30 PM
Accommodations
Pioneer Community Energy is committed to ensuring that persons with disabilities are provided with the resources to participate fully in its public meetings. If you are hearing impaired, we have listening devices available. If you require additional disability-related modifications or accommodations, including auxiliary aids or services, please contact the Clerk of the Board. If requested, the agenda shall be provided in appropriate alternative formats for persons with disabilities. All requests must be in writing and must be received by the Clerk five business days prior to the scheduled meeting for which you are requesting accommodation. Requests received after such time will be accommodated only if time permits.

Affidavit of Posting
I, Teresa Willock, Board Secretary, declare under penalty of perjury that the foregoing agenda for the December 19, 2024 meeting of the Pioneer Community Energy Governing Board was posted and available for public review on December 16, 2024 at the offices of Pioneer Community Energy, 2510 Warren Drive, Suite B, Rocklin, CA 95677; was accessible for viewer participation on the Zoom platform at the following link:
https://us06web.zoom.us/j/89020017279; and, was live streamed for viewing on the Pioneer website at:
https://pioneercommunityenergy.org/about-us/meetings-and-agendas/.

All public materials related to an item on this agenda submitted to the Governing Board after distribution of the agenda packet are also made available for public inspection on Pioneer’s website at:
https://pioneercommunityenergy.org/about-us/meetings-and-agendas/. Any document provided at the meeting by staff or by the public will be provided by the Board Clerk upon request by phone at (916) 758-8946, or by email at: [email protected].

DRAFT

PIONEER COMMUNITY ENERGY

GOVERNING BOARD

MINUTES
November 21, 2024
Entry No. 1
Heard General Administrative Functions – Part I
Call to Order
Pioneer Community Energy Governing Board met in regular session at 3:00 PM on November 21, 2024. The Members convened in person and the meeting was accessible to the public at Pioneer Community Energy, 2510 Warren Drive, Suite B, Rocklin, California 95677; at remote location: Nevada City-City Hall, Wetherall Conference Room, 317 Broad Street, Nevada City, CA 95959; the meeting was accessible for viewer participation on the Zoom platform at the following link: https://us06web.zoom.us/j/89020017279; and, was live streamed for viewing on the Pioneer website at:
https://pioneercommunityenergy.org/about-us/meetings-and-agendas/.

Roll Call (7:0:4)

Present: City of Auburn (Dowdin Calvillo), City of Colfax (Lomen), City of Lincoln (Karleskint), Town of Loomis (Ring), Nevada City (Petersen), City of Placerville (Yarbrough), City of Rocklin (Janda).

Absent: County of El Dorado (Parlin), City of Grass Valley (Ivy), County of Placer (Holmes), County of Placer (Jones).

Chair Dowdin Calvillo presided over the meeting.

Agenda Review
Reviewed and made no revision to the meeting agenda for November 21, 2024.

Public Comment
There were no comments from members of the public on items not listed on this agenda.

Entry No. 2
Acted on the Consent Agenda as follows:

Approved the minutes of the October 24, 2024 meeting.

Adopted Resolution 2024-31 approving and authorizing the Chief Executive Officer to receive funds from Participate.Energy LLC for program participation and apply such funds to Pioneer’s General Fund.

MOTION: Lomen/Janda. Vote: 7:0:4
ROLL CALL: Dowdin Calvillo, Janda, Karleskint, Lomen, Petersen, Ring, Yarbrough.

Absent: Holmes, Ivy, Jones, Parlin.

Directors Ivy, Jones, and Parlin joined the meeting following the Consent Agenda. (10:0:1) ITEM 1a
DRAFT – November 21, 2024 – page 2
Entry No. 3
Honoring the Memory of John Hidahl
Adopted Resolution 2024-32 honoring the memory of Director John Hidahl for his dedication and outstanding service in directing Pioneer Community Energy.

MOTION: Karleskint/Jones. Vote: 10:0:1
ROLL CALL: Dowdin Calvillo, Ivy, Janda, Jones, Karleskint, Lomen, Parlin, Petersen, Ring, Yarbrough.

Absent: Holmes.

Entry No. 4
Discussion on Board Governance of Amendments to the Joint Exercise of Powers Agreement of Pioneer Community Energy
Provided direction to staff on Governance of Amendments to Pioneer Community Energy’s Joint Exercise of Powers Agreement to 1) Establish a Governance Committee; 2) Discuss JPA Amendments in Committee and provide a recommendation to the Board; and 3) Bring back this JPA Amendment with cleanup only for the Board to approve a 30-day Notice for a two-thirds vote of the Board.

Entry No. 5
Pacific Gas & Electric Hourly Flex Pricing Pilot for Agriculture Customers Received presentation regarding the Pacific Gas & Electric Hourly Flex Pricing Pilot for Agriculture Customers.

Director Jones excused herself from the meeting at 4:04 PM.

Entry No. 6
Draft Fiscal Year 2024-25 Quarterly Financial Reports through September 30, 2024 Received Draft Fiscal Year 2024-25 Quarterly Financial Reports through September 30, 2024; and commended staff on achieving and going beyond the minimum of 160-days of liquidity.

Entry No. 7
Increase the Days of Liquidity Target and Update the Cash Reserves Policy The Board received and discussed this item, then directed staff to bring the item back for consideration along with the next Budget and Reserves discussion.

Entry No. 8
Commending Director Dan Karleskint for His Dedicated Service to Pioneer Community Energy Adopted Resolution 2024-34 in recognition of Director Dan Karleskint for his dedication and outstanding service in directing Pioneer Community Energy.

MOTION: Janda/Ring. Vote: 8:0:2, Abstain: 1.

ROLL CALL: Dowdin Calvillo, Ivy, Janda, Lomen, Parlin, Petersen, Ring, Yarbrough.

Abstain: Karleskint.

Absent: Holmes, Jones.

Entry No. 9
Heard General Administrative Function – Part II
Board Member Communications
Committee Chair Greg Janda reported that on November 6, 2024, Alice Dowdin Calvillo, John Hidahl, Gary Petersen, attended the Ad Hoc Energy Procurement Review Committee with him. Pioneer staff and support including Commercial Counsel and General Counsel were also in attendance. The Committee reviewed, discussed, asked questions, and accepted a Power Purchase Agreement (PPA) with ICE Energy and a Power Purchase Agreement (PPA) with Aypa Energy for the Chief Executive Officer to execute. The Committee also DRAFT – November 21, 2024 – page 3
reviewed, discussed, and asked questions regarding a structured product with Direct Access Account. And, the Committee reviewed, discussed, asked questions, and recommended the Governing Board approve an Amendment to Feed-in Tariff to include Biomass NEM Accounts up to 500 kW and Solar Plus Storage Projects up to 3 MW.

Chair Dowdin Calvillo reported that she had been in Washington D.C. to attend the Placer Business Alliance on behalf of Pioneer Community Energy. She participated on the “Water to Spark” panel along with representatives from PG&E, Roseville Electric, SMUD, Placer County Water Agency, and Nevada County Irrigation District. Discussions included Biomass and looking at large hydro as a renewable. Chair Dowdin Calvillo suggested that Pioneer leadership plan to attend future Alliance meetings. Director Janda had also attended on behalf of City of Rocklin.

Chief Executive Officer Communications
Chief Executive Officer Eckert informed the Board that Generation Rates discussion is generally conducted in December, however it looks like PG&E will be delayed in announcing their rates. So, staff will prepare to bring the Rates discussion to the Board in early 2025.

Chief Executive Officer Eckert also announced that the first project for the GridGen project installation is up and running in Lincoln; and commended El Dorado Irrigation District for their time and preparations to provide Pioneer staff with a fantastic tour of their operations; and, in closing, wished everyone a Happy Thanksgiving.

Items for Information
Received the Glossary of Terms.

Adjournment
At 5:15 PM, Chair Dowdin Calvillo adjourned the meeting in memory of John Hidahl.

Staff Report – Item 1b
To: The Governing Board
From: Brad Koehn, Director of Finance and Administration Item 1b: Receive Fiscal Year 2024-25 Draft Financial Reports Through October 2024 Date: 12/19/2024

RECOMMENDATION
Receive Fiscal Year 2024-25 Draft Financial Reports through October 2024.

BACKGROUND
The Year-To-Date (YTD) financial reports are produced by Maher Accountancy for Board member and management review. Although these reports are unaudited, they provide the most up-to-date financial data for Pioneer Community Energy. The mPOWER program accepted its last application August 2021 and mPOWER activity is now limited to the administering the outstanding mPOWER Bonds. Financials for the mPOWER program will be included in the audited year end reports. For October 2024, the financial reporting package includes the following reports for the CCA Fund only:
• Statement of Net Position (Balance Sheet) – Accounting of Assets, Liabilities and Net Position as of the reporting period end date for the CCA program. • Statement of Revenues, Expenses, and Changes in Net Position (P&L) – Accounting of all revenues, expenses, and changes in net position on a YTD basis through the reporting period end date for the CCA program.
• Budgetary Comparison Schedule (Budget to Actuals) – Comparison of budget to actuals on a YTD basis through the reporting period end date for the CCA program.

STRATEGIC PLAN
Strategic Priority 5: Financial Stability & Strategic Growth

FISCAL IMPACT
The YTD change in net position through four months of the fiscal year is $14.0 million.

ATTACHMENTS

1. Financial Reports through October 31, 2024
Plf)NEER

COMMUNITY ENERGY
1 ACCOUNTANTS’ COMPILATION REPORT
Management
Pioneer Community Energy
Management is responsible for the accompanying financial statements of the CCA Fund of Pioneer Community Energy (a California Joint Powers Authority) which comprise the statement of net position as of October 31, 2024, and the related statement of revenues, expenses, and changes in net position for the four months then ended in accordance with accounting principles generally accepted in the United States of America. We have performed a compilation engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the AICPA. We did not audit or review the accompanying statements nor were we required to perform any procedures to verify the accuracy or completeness of the information provided by management. Accordingly, we do not express an opinion, conclusion, nor provide any assurance on these financial statements.

Management has elected to omit substantially all of the disclosures and the statement of cash flows required by accounting principles generally accepted in the United States of America in these interim financial statements. Pioneer Community Energy’s annual audited financial statements include the note disclosures and statement of cash flows omitted from these interim statements. If the omitted disclosures and the statement of cash flows were included in these financial statements, they might influence the user’s conclusions about Pioneer Community Energy’s financial position, results of operations, and cash flows. Accordingly, these financial statements are not designed for those who are not informed about such matters.

We are not independent with respect to Pioneer Community Energy because we performed certain accounting services that impaired our independence.

Maher Accountancy
San Rafael, CA
December 12, 2024
1101 Fifth Avenue, Suite 200 San Rafael, CA 94901 415 459 1249 mahercpa.com CCA Program
ASSETS
Current assets
Cash and cash equivalents 37,113,825$
Investments 99,663,831
Accounts receivable, net of allowance 24,094,347
Accrued revenue 8,882,704
Other receivables 424,560
Interest receivable 267,000
Prepaid expenses 1,126,447
Deposits 1,170,058
Total current assets 172,742,772
Noncurrent assets
Capital assets, net of depreciation and amortization 1,224,927 Deposits 219,609
Total noncurrent assets 1,444,536
Total assets 174,187,308

LIABILITIES
Current liabilities
Accrued cost of electricity 16,477,677
Accounts payable 458,022
Other accrued liabilities 369,308
Lease liability 119,552
Note payable 774,316
Interest payable 14,006
Total current liabilities 18,212,881
Noncurrent liabilities
Lease liability 852,699
Note payable 3,450,229
Supplier security deposits 1,512,000
Total noncurrent liabilities 5,814,928
Total liabilities 24,027,809

NET POSITION
Net investment in capital assets 252,676
Unrestricted net position 149,906,823
Total net position $ 150,159,499

PIONEER COMMUNITY ENERGY

STATEMENT OF NET POSITION
As of October 31, 2024

CCA PROGRAM
See accountants' compilation report. 2
CCA Program

OPERATING REVENUES
Electricity sales, net 98,285,489$
Total operating revenues 98,285,489

OPERATING EXPENSES
Cost of electricity 81,554,471
Contract services 1,896,156
Staff compensation 1,229,593
Other operating expenses 743,446
Depreciation and amortization 62,177
Total operating expenses 85,485,843
Operating income (loss) 12,799,646

NONOPERATING REVENUES (EXPENSES)
Investment income 2,211,743
Interest and financing expense (69,609)
Nonoperating revenues (expenses), net 2,142,134

NET POSITION
Change in net position 14,941,780
Net position at beginning of period 135,217,719
Net position at end of period 150,159,499$
Four Months Ended October 31, 2024

AND CHANGES IN NET POSITION

STATEMENT OF REVENUES, EXPENSES

CCA PROGRAM

PIONEER COMMUNITY ENERGY
See accountants' compilation report. 3
1 ACCOUNTANTS’ COMPILATION REPORT

Board of Directors
Pioneer Community Energy
Management is responsible for the accompanying special purpose budgetary comparison schedule for the CCA Program of Pioneer Community Energy, a California Joint Powers Authority, for the four months ended October 31, 2024, and for determining that the budgetary basis of accounting is an acceptable financial reporting framework. We have performed a compilation engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the AICPA. We did not audit or review the accompanying statement nor were we required to perform any procedures to verify the accuracy or completeness of the information provided by management. Accordingly, we do not express an opinion, a conclusion, nor provide any assurance on this special purpose budgetary comparison statement.

The special purpose statement is prepared in accordance with the budgetary basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the United States of America. This report is intended for the information of the Board of Directors of Pioneer Community Energy.

Management has elected to omit substantially all of the note disclosures required by accounting principles generally accepted in the United States of America in these interim financial statements.

Pioneer Community Energy’s annual audited financial statements include the note disclosures omitted from these interim statements. If the omitted disclosures were included in these financial statements, they might influence the user’s conclusions about Pioneer Community Energy’s financial position, results of operations, and cash flows. Accordingly, these financial statements are not designed for those who are not informed about such matters.

We are not independent with respect to Pioneer Community Energy because we performed certain accounting services that impaired our independence.

Maher Accountancy
San Rafael, CA
December 12, 2024
1101 Fifth Avenue, Suite 200 San Rafael, CA 94901 415 459 1249 mahercpa.com 2024/25 YTD
Amended
Budget
2024/25 YTD
Actual
2024/25 YTD
Variance
(Under) Over
2024/25
YTD
Actual/
Budget %
2024/25
Amended
Budget
2024/25
Amended
Budget
Remaining

ENERGY REVENUES
Energy Sales $ 95,858,000 $ 99,605,432 $ 3,747,432 104% $ 235,801,000 $ 136,195,568 Green100 Sales 78,000 25,067 (52,933) 32% 200,000 174,933 Congestion Revenue Rights and Battery Optimization 2,702,381 2,377,592 (324,789) 88% 10,000,000 7,622,408 Less Uncollectible Accounts (1,295,000) (1,345,012) (50,012) 104% (3,186,000) (1,840,988) Total Operating Revenues 97,343,381 100,663,080 3,319,699 242,815,000 142,151,920

ENERGY EXPENSES
Power Supply 88,607,708 83,932,064 (4,675,643) 95% 208,976,000 125,043,936 OPERATING MARGIN 8,735,673 16,731,015 7,995,342 33,839,000 17,107,984

OPERATING EXPENSES
Administration
Compensation 230,462 216,479 (13,983) 94% 691,385 474,906 Contract services 106,108 42,741 (63,368) 40% 318,325 275,584 Operating expenses 625,445 255,380 (370,066) 41% 941,796 686,416 Total Administration expenses 962,015 514,599 (447,416) 53% 1,951,506 1,436,907 Finance
Compensation 367,017 295,230 (71,787) 80% 1,101,050 805,820 Contract services 197,000 92,032 (104,968) 47% 591,000 498,968 Operating expenses 96,100 81,741 (14,360) 85% 357,700 275,960 Total Finance expenses 660,117 469,003 (191,114) 71% 2,049,750 1,580,747 Power Procurement
Compensation 410,864 208,856 (202,008) 51% 1,232,592 1,023,736 Contract services 1,254,912 576,373 (678,539) 46% 3,343,538 2,767,165 Operating expenses 20,500 57,937 37,437 283% 61,500 3,563 Total Power Procurement expenses 1,686,276 843,166 (843,110) 50% 4,637,630 3,794,464 Customer Care
Compensation 133,001 129,066 (3,934) 97% 399,002 269,936 Contract services 906,667 963,254 56,587 106% 2,720,000 1,756,746 Operating expenses 71,583 56,300 (15,283) 79% 214,750 158,450 Total Customer Care expenses 1,111,251 1,148,620 37,369 103% 3,333,752 2,185,132 Marketing & Communications
Compensation 247,315 184,059 (63,256) 74% 741,946 557,887 Contract services 171,000 1,362 (169,638) 1% 420,000 418,638 Operating expenses 282,117 46,270 (235,847) 16% 846,350 800,080 Total Marketing expenses 700,432 231,691 (468,741) 33% 2,008,296 1,776,605 Legislative & Regulatory
Compensation 147,890 124,504 (23,386) 84% 443,670 319,166 Contract services 131,570 72,967 (58,603) 55% 377,807 304,840 Operating expenses 2,767 1,758 (1,008) 64% 8,300 6,542
Total Legislative expenses 282,227 199,229 (82,998) 71% 829,777 630,548 Programs
Compensation 97,782 65,265 (32,517) 67% 293,345 228,080 Contract services 41,667 - (41,667) 0% 125,000 125,000
Operating expenses 636,602 256,326 (380,276) 40% 1,909,805 1,653,479 Total Programs expenses 776,050 321,591 (454,459) 41% 2,328,150 2,006,559 Total Operating Expenses 6,178,368 3,727,898 (2,450,469) 60% 17,138,861 13,410,963

NON-OPERATING REVENUES (EXPENSES)
Investment gains (losses) 717,750 2,211,743 1,493,993 2,871,000 659,257 Term Loan Debt Service (316,667) (307,157) 9,510 97% (950,000) (642,843) Additional Term Loan Principal - - - (2,100,000) (2,100,000) Line/Letter of Credit Fees (375,000) (205,959) 169,041 55% (750,000) (544,041) Financial Security Requirement - - - (800,000) (800,000) Nonoperating revenues (expenses), net 26,083 1,698,627 1,672,544 (1,729,000) (3,427,627) Total Expenses and Non-Operating Activity 94,759,992 85,961,336 (8,798,657) 227,843,861 141,882,526 Contribution to/(from) Reserves 2,583,389$ 14,701,744$ 12,118,355$ 14,971,139$ 269,394$

BUDGETARY COMPARISON SCHEDULE
Four Months Ended October 31, 2024

PIONEER COMMUNITY ENERGY

CCA PROGRAM
Participation Rates – October 2024
Participation Rate July 2024 August 2024 September 2024 October 2024 AUBURN INC 85.40% 85.14% 85.12% 85.34%
COLFAX INC 88.21% 87.84% 87.85% 88.33%
GRASS VALLEY INC 93.68% 97.18% 97.12% 95.23%
LINCOLN INC 82.82% 82.53% 82.22% 82.49%
LOOMIS INC 87.18% 87.10% 86.92% 86.86%
NEVADA CITY INC 95.69% 97.96% 98.30% 96.47%
PLACERVILLE INC 85.46% 85.16% 85.24% 85.42%
ROCKLIN INC 90.43% 90.25% 90.26% 90.19%
UNINC EL DORADO CO 79.71% 79.62% 79.61% 79.66%
UNINC PLACER CO 84.64% 84.54% 84.41% 84.64%
Grand Total 84.16% 84.19% 84.12% 84.13%

Staff Report – Item 1c
To: The Governing Board
From: Steve Lund, Internal Operations Coordinator
Item 1c: Adopt a Resolution Authorizing the Director of Finance and Administration to Periodically Perform the Steps Necessary to take Possession of Unclaimed Funds Pursuant to Government Code 50050-50057.

Date: 12/19/2024

ACTION REQUESTED
Adopt a Resolution Authorizing the Director of Finance and Administration to Periodically Perform the Steps Necessary to take Possession of Unclaimed Funds Pursuant to Government Code 50050-50057.

BACKGROUND
California’s Unclaimed Property Law requires businesses, financial institutions, insurance companies, corporations, and certain other entities to report and submit their customers’ unclaimed property to the State Controller’s Office (SCO) when the property has been inactive or there has been no contact with the owner for a specified period of time, generally three years. The Unclaimed Property Law applies to any payment made to any vendor or customer that remains unclaimed for the three-year period.

California Government Code Section 50050-50057 allows, except as otherwise provided by law, money, excluding restitution to victims, that is not the property of a local agency that remains unclaimed in its treasury or in the official custody of its officers for three years is the property of the local agency after notice if not claimed or if no verified complaint is filed and served instead of forwarding to the State.

ANALYSIS & DISCUSSION
Any payment made by Pioneer that is not reconciled, is classified as unclaimed funds/property. The Unclaimed Funds policy will cover any payment that remains unclaimed in Pioneer’s possession for the period defined by California Government Code Section 50050-50057. For example, Pioneer routinely sends payments to Net Energy Metering (NEM) customers whose electricity generation systems produce more electricity than they used over the NEM cashout period. Pioneer also sends payments to participants of programs that include a rebate or credit for participation. Some of these payments are returned with no forwarding address provided or remain uncashed.

Adopting an Unclaimed Funds policy will guide staff in the process required to take possession of these unclaimed funds based on the requirements of California Government Code Sections 50050-50057 and avoid sending these funds to the SCO. Included in the policy are the steps required, and the positions delegated authority to approve the transfer of the property once the steps are complete.

STRATEGIC PLAN
Strategic Priority 5: Financial Stability & Strategic Growth

FISCAL IMPACT
The fiscal impact will vary from year to year depending on the total of unclaimed funds. Additionally, these funds will now stay with Pioneer rather than sent to the State.

Plf)NEER

COMMUNITY ENERGY
Agenda Item: 1c Agenda Date: 12/19/2024

ATTACHMENTS

1. Unclaimed Funds Policy
Before the Governing Board of
Pioneer Community Energy
Resolution No.: ____________
The following Resolution was duly passed by the Governing Board of Pioneer Community Energy at a regular meeting held December 19, 2024, by the following vote on roll call:

Ayes:

Noes:

Absent:

Signed and approved by me after its passage.
______________________________
Chair of the Governing Board
Attest:
_______________________
Secretary
WHEREAS, it is best practice to establish finance policies; and WHEREAS, California Government Code Section 50050-50057 allows local agencies to take possession of unclaimed property instead of forwarding the unclaimed property to the State; and WHEREAS, it is in the interest of Pioneer Community Energy (“Pioneer”) to establish Unclaimed Funds policy to establish authority to take possession of unclaimed funds; and WHEREAS, the Board of Pioneer Community Energy desires to delegate authority to the Director of Finance and Administration, as Pioneer’s Treasurer to perform the required actions in California Government Code Section 50050-50057 to take possession of unclaimed property; and NOW THEREFORE, BE IT RESOLVED, the Governing Board of Pioneer Community Energy, State of California, hereby finds, declares, and resolves as follows:

1. The above recitals are true and correct.

2. The Unclaimed Funds Policy is established as provided in Exhibit A attached to this resolution and incorporated herein.

3. This Resolution shall take effect immediately upon its adoption.

Exhibit A: Unclaimed Funds Policy
In the matter of: ADOPT A RESOLUTION

AUTHORIZING THE DIRECTOR OF FINANCE AND

ADMINISTRATION TO PERIODICALLY PERFORM THE

STEPS NECESSARY TO TAKE POSSESSION OF

UNCLAIMED FUNDS PURSUANT TO GOVERNMENT
CODE 50050-50057
Page | 1
381527.2
Unclaimed Funds Policy
I. Purpose
To establish a process for taking possession of unclaimed payments in accordance with California Government Code Section 50050-50057.

II. Background
California’s Unclaimed Property Law requires businesses, financial institutions, insurance companies, corporations, and certain other entities to report and submit their customers’ unclaimed property to the State Controller’s Office (SCO) when the property has been inactive or there has been no contact with the owner for a specified period of time, generally three years. The Unclaimed Property Law applies to any payment made to any vendor or customer that remains unclaimed for the three-year period.

Additionally, California Government Code Section 50050 states that, except as otherwise provided by law, money, excluding restitution to victims, that is not the property of a local agency that remains unclaimed in its treasury or in the official custody of its officers for three years is the property of the local agency after notice if not claimed or if no verified complaint is filed and served.

Pioneer routinely sends payments to Net Energy Metering (NEM) customers whose electricity generation systems produce more electricity than they used over the NEM cashout period. Staff also sends payments to participants of programs that include a rebate or credit for participation. Some of these payments are returned with no forwarding address provided or remain uncashed. The payments are then set aside as unclaimed funds. This policy will allow Pioneer to take possession of these unclaimed funds based on the requirements of California Government Code Sections 50050-50057 and avoid sending these funds to the SCO.

III. Policy
Pioneer’s finance department will annually review returned payments that are more than three years old in the unclaimed funds account. Eligible accounts will be processed according to California Government Code Section 50050-50057 by taking the following steps.

A. Individual items of less than fifteen dollars ($15), or any amount if the depositor’s name is unknown, which remain unclaimed in the treasury or in the official custody of an officer of a Pioneer for the period of one year or upon an order of the court may be transferred to the general fund by the Plf)NEER

COMMUNITY ENERGY
Page | 2
381527.2
legislative body without the necessity of publication of a notice in a newspaper.

B. Where subsection III.A does not apply, staff shall publish notice once a week for two consecutive weeks in a newspaper of general circulation. o The notice must include the total amount of money, name of the fund it is held in, and that it is proposed the money becomes the property of Pioneer on a designated date not less than forty-five days nor more than sixty days after the first publication of the notice. o Any party of interest may file a claim with the Pioneer which must include the claimant's name, address, amount of claim, the grounds on which the claim is founded, and any other information that may be required by Pioneer.
o Any claim must be filed before the date the unclaimed money becomes the property of Pioneer as provided in the notice. The Director of Finance and Administration shall either accept or reject the claim under Government Code Sections 50052-50053 as may be amended from time to time.

After the date the unclaimed money becomes the property of Pioneer as provided in the notice, staff will produce a final list of unclaimed funds accounts to the Director of Finance and Administration for final approval. Upon final approval, the Director of Finance and Administration as the Pioneer Treasurer will move the funds to the general fund.

Plf)NEER

COMMUNITY ENERGY

Staff Report – Item 1d
To: The Governing Board
From: Brad Koehn, Director of Finance and Administration Item 1d: Adopt Resolution to Authorize an Increase of Staffing Positions by One to a Total 21 Full Time Staffing Positions and Authorize a Fiscal Year 2024-25 Budget Increase of $110,000 to the Regulatory and Legislative Division
Date: 12/19/2024

RECOMMENDATION
Adopt resolution to authorize an increase of staffing positions by one to a total twenty-one (21) full time staffing positions and authorize a fiscal year 2024-25 budget increase of $110,000 to the Regulatory and Legislative Division.

BACKGROUND
Pioneer currently has twenty (20) authorized staffing positions for the 2024-25 Fiscal Year with eighteen (18) filled positions, an employment offer that has been accepted for the Power Supply Contracts Manager, and one active recruitment for the Project Development Manager.

Over the course of the previous fiscal year both positions in the Regulatory & Legislative Division (Legislative and Regulatory Analyst 1; and the Legislative and Regulatory Manager) became vacant. Only the Analyst position was successfully recruited before the end of the Fiscal Year; and the Manager position was not filled or funded in the current fiscal year.

ANALYSIS & DISCUSSION
The risks associated with the Regulatory and Legislative areas are a significant threat to Community Choice Aggregators in general and to Pioneer specifically. Some of the division’s key responsibilities include:

Representing Pioneer’s interests at the CPUC, Calif. Energy Commission and Calif. Legislature; Identifying and promoting legislation to further Pioneer’s interests; Tracking legislation and regulations through multiple amendments; Providing policy issues/program updates on legislative and regulatory proceedings; Preparing and presenting findings and recommendations for Pioneer’s positions; Representing Pioneer in regulatory proceedings;
Preparing data requests, written responses, position papers, and testimony; Reviewing and drafting comments and briefs;
Providing high level technical and/or analytic input on regulatory and legislative matters; Participating in administrative hearings;
Tracking, reviewing, analyzing and summarizing filings prepared by utilities and other entities that could impact Pioneer and its customers; and
Coordinating with technical experts and external regulatory Counsel.

Completing the staffing build out of the Regulatory and Legislative division will strengthen Pioneer’s presence and influence in both the Legislative and Regulatory arenas. It will also position Pioneer to be a leader for the Plf)NEER

COMMUNITY ENERGY
Agenda Item: 1d Agenda Date: 12/19/2024
383532.1 Page 2 of 2
issues that are Pioneer priorities, such as the BioMAT program and production of Biomass energy.

The following chart compares Pioneer’s staffing to other CCA’s and demonstrates that Pioneer staffing would remain lean with the addition of the Legislative and Regulatory Manager.

STRATEGIC PLAN
One of Pioneer’s strategic goals is to “Be a Community Partner” with the Objective for Pioneer to have Legislative and Regulatory Representation.

FISCAL IMPACT
Authorizing a 21st position to add the Legislative and Regulatory Manager is estimated to cost (salary and benefits) $110 thousand for Fiscal Year 2024-25, but a full year estimated cost in Fiscal Year 2025-26 of $265,000. The Manager position could result in potential acquisition of State funding for BioMAT which would benefit customer rates. A Fiscal Year budget increase of $110 thousand is incorporated into the resolution.

ATTACHMENTS

1. Resolution to Authorize an Increase of Staffing Positions by One to a total 21 Full Time Staffing Positions and Authorize a Fiscal Year 2024-25 budget increase of $110,000 to the Regulatory and Legislative Division

2. Legislative and Regulatory Manager Job Description

3. Updated Pioneer Organization Chart

4. Approved Salary Schedule
# of Full-Time Employees per TWh of Load
70 60
50 40
30 20
10 0
3CE Pioneer Pioneer VCE AVA SVCE PCE MCE SCP RCEA
(Current) (Proposed)
*Data gathered 3CE I Pioneer I Pioneer VCE AVA SVCE PCE MCE SCP RCEA December 2024 (Current) (Proposed) FTEs 56 1 20! 21 9 98 62 61 103 41 37 . . .. . ..... .. .. ...............

TWh 5.L 1.8 : 1.8 0.7 6.6 3.9 3.4 5.6 2.2 0.6
Ratio 11.0 : 11.2! 11.7 13.8 15.0 15.8: 18.0 : 18.3 19.0 58.7 383533.1 Page 1 of 2
Before the Governing Board of
Pioneer Community Energy
Resolution No.: ____________
The following Resolution was duly passed by the Governing Board of Pioneer Community Energy at a regular meeting held December 19, 2024, by the following roll call:

Ayes:

Noes:

Absent:

Signed and approved by me after its passage.
______________________________
Chair of the Governing Board
Attest:
_______________________
Secretary
WHEREAS, the Fiscal Year 2024-25 Budget authorized funding and a full-time staffing of 20 positions; and
WHEREAS, the 2025-27 Strategic Plan identified Legislative and Regulatory Representation as a Pioneer Objective; and
WHEREAS, the Legislative and Regulatory arenas present risks both to Pioneer as a Community Choice Aggregator and Pioneer’s customers; and WHEREAS, a Legislative and Regulatory Manager would represent Pioneer’s issues and interests to the CPUC, CA Energy Commission and the California Legislature; and WHEREAS, the Board has determined that it is in the best interest of Pioneer to build out the Legislative and Regulatory staffing to represent Pioneer’s issues and interests; and WHEREAS, the BioMat program and Biomass energy are Pioneer priorities that the Legislative and Regulatory Manager would be an advocate; and
WHEREAS, the Job Description and Salary schedule for the Legislative and Regulatory Manager have previously been approved by the Board; and In the matter of: ADOPT RESOLUTION TO AUTHORIZE

AN INCREASE OF FULL TIME STAFFING POSITIONS
BY ONE TO A TOTAL 21 FULL TIME STAFFING
POSITIONS AND AUTHORIZE A FISCAL YEAR 2024-25
BUDGET INCREASE OF $110,000 TO THE

REGULATORY AND LEGISLATIVE DIVISION
Resolution 2024-__
December 19, 2024
383533.1 Page 2 of 2
WHEREAS, funding for the Legislative and Regulatory Manager position was not included in the Fiscal Year 2024-25 Budget.

BE IT RESOLVED, the Governing Board of Pioneer Community Energy hereby finds, declares, and resolves as follows:

1. The above recitals are true and correct.

2. The Position Listing/Control as presented in Exhibit A is approved.

3. A Legislative and Regulatory Compensation budget increase of $110,000 is authorized.

4. The Resolution shall take effect immediately upon its adoption.

Exhibit A: Position Listing/Control
POSITION TITLE # Of Positions
Board Clerk/Executive Assistant 1
Chief Executive Officer 1
Chief Operating Officer 1
Communications Coordinator 2
Community Outreach Manager 1
Customer Care Coordinator 1
Customer Care Manager 1
Director of Finance & Administration 1
Director of Communications 1
Financial & Administrative Analyst I 1
Information Technology Analyst 1
Internal Operations Coordinator 1
Legislative and Regulatory Analyst I 1
Legislative and Regulatory Manager 1
Power Supply Contracts Manager 1
Power Resources Manager 1
Program Manager 1
Project Development Manager 1
Senior Financial Analyst 1
Senior Manager, Quantitative Analysis & Modeling 1
Total Authorized Full-Time Positions 21
Intern (Part-Time) 1
Total Authorized Part-Time Positions 1

POSITION LISTING/CONTROL
The position highlighted below is the requested
and any Vacant positions are authorized to be filled.
new position -- all other positions are funded in the Fiscal Year 2024-25 Budget

EXHIBIT A
Pioneer Community Energy
Job Description
Job Title: Legislative and Regulatory Manager
Department: Legislative & Regulatory Division
Reports To: Chief Operating Officer
FLSA Status: Exempt
Prepared Date: June 2021
Summary: To organize, assign, review and participate in the performance of a wide range of professional duties related to Pioneer Community Energy regulatory and legislative matters, with particular emphasis on representation of Pioneer’s interests at the California Public Utilities Commission (CPUC); to develop Pioneer positions on complex issues, and develop analyses, written reports, and presentation materials to support Pioneer’s position; and to provide administrative support to the Chief Operating Officer.

Essential Duties and Responsibilities: include the following. Other duties may be assigned. • Plans, prioritizes, and reviews the performance of professional staff involved in the research and analysis of legislation and regulatory issues.
• Develops methods and schedules to accomplish assignments, ensures work is completed in a timely and accurate manner.
• Tracks complex legislation and regulations through multiple amendments and prepares drafts of legislative and regulatory updates on policy issues and programs. • Performs a variety of complex research projects on legislative and regulatory policy issue areas; prepares and presents findings and recommendations of Pioneer's position. • Represents Pioneer in regulatory proceedings through preparation of data requests, written responses, position papers, analytical models, testimony, and exhibits. • Reviews and drafts comments and briefs, providing high level technical and/or analytic input on regulatory and legislative matters.
• Oversees the preparation of data requests, testimony, and hearing exhibits and participates in administrative hearings.
• Tracks, reviews, analyzes and summarizes filings prepared by utilities and other entities that could impact Pioneer and its customers.
• Coordinates and works closely with technical experts and external regulatory counsel to develop effective and persuasive communications before the CPUC, CA Energy Commission, CA Legislature and any other legal or regulatory body as may be needed. • Builds and maintains positive working relationships with co-workers, Board of Directors, other Authority employees and the public using principles of good customer service. • Performs related duties as assigned.
• Regular, predictable attendance is required.
• Ability to get along and work effectively with others.

Supervisory Responsibilities: May exercise technical and functional supervision over assigned staff in accordance with the organization's policies and applicable laws. Duties may include interviewing, Pl NEER COMMUNITY ENERGY
hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Measures of Performance: The Legislative and Regulatory Manager shall be considered to be performing in an acceptable manner when the following have been accomplished:

1. Oral Communication – Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Tailors the content of speech to the level and experience of the audience; Uses appropriate grammar and choice of words in oral speech; Organizes ideas clearly in oral speech; Responds well to questions; Remains open to other’s ideas and tries new things; Participates in meetings.

2. Written Communication – Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively; Able to read and interpret written information.

3. Teamwork – Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed; Listens and responds constructively to other team members’ ideas; Offers support for others’ ideas and proposals; Is open with other team members about his/her concerns; Expresses disagreement constructively.

4. Professionalism – Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments.

5. Quality – Demonstrates accuracy and thoroughness; Looks for ways to improve and promote quality; Applies feedback to improve performance; Monitors own work to ensure quality.

6. Attendance/Punctuality – Is consistently at work and on time; Ensures work responsibilities are covered when absent; Arrives at meetings and appointments on time.

7. Dependability – Follows instructions, responds to management direction; Takes responsibility for own actions; Keeps commitments; Commits to long hours of work when necessary to reach goals. Completes tasks on time or notifies appropriate person with an alternate plan.

8. Judgment - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.

9. Delegation - Delegates work assignments; Matches the responsibility to the person; Gives authority to work independently; Sets expectations and monitors delegated activities; Provides recognition for results.

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10. Leadership - Exhibits confidence in self and others; Inspires and motivates others to perform well; Effectively influences actions and opinions of others; Accepts feedback from others; Gives appropriate recognition to others.

11. Managing People - Includes staff in planning, decision-making, facilitating and process improvement; Takes responsibility for subordinates' activities; Makes self available to staff; Provides regular performance feedback; Develops subordinates' skills and encourages growth; Solicits and applies customer feedback (internal and external); Fosters quality focus in others; Improves processes, products and services.; Continually works to improve supervisory skills.

12. Business Acumen - Understands business implications of decisions; Displays orientation to profitability; Demonstrates knowledge of market and competition; Aligns work with strategic goals.

13. Cost Consciousness - Works within approved budget; Develops and implements cost saving measures; Contributes to profits and revenue; Conserves organizational resources.

14. Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values; Supports affirmative action and respects diversity.

15. Strategic Thinking - Develops strategies to achieve organizational goals; Understands organization's strengths & weaknesses; Has an in-depth understanding of competitive products and services within the marketplace; Develops and proposes a long term strategy for the organization based on an analysis of the industry and marketplace.

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience: Bachelor’s degree from an accredited college or university with major course work in Public Administration, Business Administration, Law, or a related field. Two years of experience similar to that of a Legislative and Regulatory Analyst II with Pioneer Community Energy.

Language Skills: Ability to read, analyze and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries, or complaints from customers, regulatory agencies or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups and/or boards of directors.

Mathematical Skills: Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

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Reasoning Ability: Ability to define problems, collect data, establish facts, and draw valid conclusions.

Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Computer Skills: To perform this job successfully, an individual should have knowledge of Internet software and the Microsoft Office Suite of products. Knowledge of basic office equipment should include: Internet and email, copy and fax machines, postage meter and telephone.

Certificates, Licenses, Registrations: Possession of, or ability to obtain, a valid California driver’s license.

Other Skills and Abilities:

Ability to:
• Manage multiple priorities and quickly adapt to changing priorities in a fast paced dynamic environment.

Other Qualifications:

Knowledge of:
• California electric utility regulatory issues, CPUC regulatory practices, protocols, and procedures.
• California utility rate design, electric resource planning, demand resource solutions and regulatory relations.
• Procedures, operations and functions of legislative and regulatory agencies, including processes for the promulgation of regulations.
• Advanced scientific research methods and procedures.
• Advanced technical report writing procedures and grant proposal development. • Pertinent local, State, and Federal ordinances, rules, and regulations.

Physical and Emotional Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The inability to cope with a stressful work environment does not constitute a protected disability.

While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is occasionally required to walk and use hands to finger, handle, or feel. The employee is occasionally required to stand, reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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The noise level in the work environment is usually quiet.

Acknowledgements: I have reviewed and understand the above job description and believe it to be accurate and complete. I also understand that the company retains the right to change this job description at any time. I also understand that this job description is not a contract for work.

I certify that I possess all of the “Essential Requirements” of the job outlined herein, except as noted here (If none, so state):

I certify that I am fully capable (with or without a reasonable accommodation) of performing all of the essential functions documented herein, and I do not have a physical or mental disability that would jeopardize the health and or safety of my co-workers.

I do not require an accommodation in order to perform the essential functions of this job as indicated in this job description.

I require an accommodation in order to perform the essential function of this job as indicated on this job description. The accommodation I require is:
__________________________________________________________________ I understand, and fully agree, that this job description does not constitute a written or implied contract for employment and that my employment relationship with the company is “at will,” for an unspecified duration, and may be terminated at any time by me or the company as specified by Section 2922 of the California Labor Code.

I understand that I am an exempt employee and therefore, may be required to work in excess of 40 hours per week without overtime compensation.

Employee’s Signature Date
Supervisor’s Signature Date
PII~ NIEER

COMMUNITY ENERGY
Staff Organization Chart
Governing
Board
Financial
Auditor
Chief
Executive
Officer
Director of
Communications
Customer Care
Manager
Customer Care
Coordinator
Community
Outreach
Manager
Intern
(Part-time)
Communication
Coordinator (2)
Customer
Billing (PG&E)
Data
Management
Services
Customer Call
Center
Marketing
Services
Programs
Manager
Director of
Finance &
Administration
Senior
Financial
Analyst
Internal
Operations
Coordinator
Financial &
Administrative
Analyst I
Information
Technology
Analyst
Human
Resources
(Employee
Relations)
Human
Resources
(Recruitment)
Financial
Advisor
Information
Technology
Services
Custodial
Services IT Auditor
Controller
Chief
Operating
Officer
Power
Resources
Manager
Legislative &
Regulatory
Manager
Legislative &
Regulatory
Analyst I
Project
Development
Manager
CalCCA
(Advocacy
Services)
Power Supply
Contracts
Manager
Legislative/
Regulatory Legal
Counsel
Scheduling
Coordinator State Lobbyist
Power
Procurement
Consulting
Power
Procurement
Legal Counsel
CRR Broker
Battery
Optimization
Service
Manager, Quant.

Analysis &
Modeling
Board Clerk/
Executive
Assistant
General
Counsel
 21 Full-time Positions
 1 Added Positions
 1 Part-time Position
 Key Consultant Services
Plf)NEER

COMMUNITY ENERGY
SALARY SCHEDULE (Board Approved July 2024)
FISCAL YEAR 2024-25
Class/Position Title Minimum Maximum
Administrative Assistant , $54,741 , $81,838
-------------------------------------------------------------------------r-----------------------------,----------------------------- ACCOUnt Representative I : $83,277 i $124,500 -------------------------------------------------------------------------r-----------------------------,----------------------------- ACCOUnt Representative II : $91,605 : $136,949 -------------------------------------------------------------------------r-----------------------------,----------------------------- Board Clerk/Executive Assistant : $79,900 : $119,450 -------------------------------------------------------------------------r----------------------------- ➔----------------------------- Chief Executive Officer : $253,673 : $379,239 -------------------------------------------------------------------------~-----------------------------➔----------------------------- Chief Operating Officer : $217,916 : $325,785 -------------------------------------------------------------------------~-----------------------------➔----------------------------- Commercial Coordinator : $94,492 : $141,263 -------------------------------------------------------------------------~-----------------------------t----------------------------- Community Outreach Manager : $128,166 : $191,606 -------------------------------------------------------------------------~-----------------------------➔----------------------------- Communications Coordinator : $76,832 : $114,863 -------------------------------------------------------------------------L-----------------------------~----------------------------- Customer Care Coordinator i $94,492 ! $141,263 -------------------------------------------------------------------------~-----------------------------1----------------------------- Customer Care Manager : $115,800 : $173,120 ~------------------------------------------------------------------------L-----------------------------J----------------------------- Director of Finance and Administration i $175,034 : $261,663 -------------------------------------------------------------------------L-----------------------------J----------------------------- Director of Communications : $175,034 i $261,663
Financial and Administrative Analyst I ! $76,832 1 $114,863 -------------------------------------------------------------------------~-----------------------------~----------------------------- Financial and Administrative Analyst II : $84,515 ! $126,349 Information Technology Administrator ! $122,890 1 $183,721 -------------------------------------------------------------------------~-----------------------------~----------------------------- Information Technology Analyst : $76,832 ! $114,863 Internal Operations Coordinator ! $108,666 1 $162,453 -------------------------------------------------------------------------~-----------------------------~----------------------------- Key Accounts Manager i $115,800 i $173, 120 Legislative and Regulatory Analyst I ! $97,146 1 $145,235 Legislative and Regulatory Analyst II f $106,861 1 $159,758 -------------------------------------------------------------------------►----------------------------- ◄----------------------------- Legislative and Regulatory Manager ! $128,165 i $191,606 -------------------------------------------------------------------------►----------------------------- ◄----------------------------- Management Analyst i $97,146 : $145,235 Manager, Quantitative Analysis and Modeling i $122,890 i $183,721 Power Resources Manager i $122,890 i $183,721 -------------------------------------------------------------------------~-----------------------------1----------------------------- Power Resources Analyst I : $96,579 i $144,385
Power Supply Contract Manager i $122,890 i $183,721 -------------------------------------------------------------------------~-----------------------------~----------------------------- Program Manager i $108,666 : $162,453 Program Specialist I f $98,786 i $147,686
Project Development Manager f $122,890 i $183,721
-------------------------------------------------------------------------r-----------------------------,----------------------------- Residential Coordinator i $94,492 i $141,263 -------------------------------------------------------------------------r-----------------------------,----------------------------- Senior Commercial Coordinator i $108,666 i $162,453 -------------------------------------------------------------------------r-----------------------------,----------------------------- SeniOr Financial Analyst ! $107,378 : $160,524 -------------------------------------------------------------------------r-----------------------------,----------------------------- SeniOr Manager, Quantitative Analysis and i $135,179 i $202,093 -------------------------------------------------------------------------r-----------------------------,----------------------------- Senior Residential Coordinator : $108,666 : $162,453
383933.3 Page 1 of 1
Staff Report – Item 1e
To: The Governing Board
From: Donald Eckert Jr., Chief Executive Officer
Item 1e: Establishment of Governance Committee
Date: 12/19/2024

RECOMMENDATION
Adopt Resolution establishing a Governance Committee for Pioneer Community Energy (“Pioneer”).

BACKGROUND
At the November 21, 2024, Governing Board meeting, the Board desired the formation of a Governance Committee and directed staff to bring a Governance Committee policy at the subsequent Board meeting.

ANALYSIS & DISCUSSION
The Governance Committee will play a key role in Pioneer’s success and growth. Responsibilities include:
• Review potential amendments to the Joint Exercise of Powers Agreement and make recommendations to the Board.
• Review potential amendments to the CEO’s contract and make recommendations to the Board. • Review and make recommendations on matters referred to by the Committee by a majority vote of the Board present.
• Review the Board’s policies and procedures to ensure maximum efficiency and effectiveness and propose changes to the Board, as needed.
• At the request of the CEO, review proposed policies and make recommendations to the Board.

Membership
The Governance Committee will be comprised of the Board Chair, Board Vice Chair, and the Chairs of each of Pioneer’s committees, with the prior year’s Board Chair (unless already serving as the Chair of one of these committees) serving in a non-voting ex officio capacity.

From Pioneer, the Governance Committee will have the support of the Chief Executive Officer, the Chief Operating Officer, the Director of Finance and Administration, and the Board Clerk.

Brown Act
As a standing committee, the Governance Committee will be subject to the Brown Act. The Committee will convene as needed.

STRATEGIC PLAN
The report supports the Operational Optimization goal.

FISCAL IMPACT
There is no fiscal impact with the recommendation.

ATTACHMENTS

1. Resolution Establishing Governance Committee
Plf)NEER

COMMUNITY ENERGY
Before the Governing Board of
Pioneer Community Energy
Resolution No.: ____________
The following Resolution was duly passed by the Governing Board of Pioneer Community Energy at a regular meeting held December 19, 2024, by the following vote on roll call:

Ayes:

Noes:

Absent:

Signed and approved by me after its passage.
______________________________
Chair of the Governing Board
Attest:
_______________________
Secretary
WHEREAS, on November 21, 2024, the Governing Board of Pioneer Community Energy desired the formation of a Governance Committee; and
WHEREAS, the purpose of the Governance Committee is to make policy recommendations and provide strategic direction to the Governing Board of Pioneer Community Energy; and WHEREAS, membership of the Governance Committee will include the Board Chair, Board Vice Chair, Chair of the Audit & Finance Committee, the Chair of the Energy Procurement Review Committee, and the Chair of Expansion Committee with the prior year’s Board Chair as an ex officio member; and
WHEREAS, the Governance Committee has no final decision-making authority unless otherwise delegated by resolution of the Governing Board; and WHEREAS, the Governance Committee will be a permanent standing committee and subject to the Brown Act.

In the matter of: ADOPT RESOLUTION

ESTABLISHING THE GOVERNANCE COMMITTEE

FOR PIONEER COMMUNITY ENERGY
2 383930.4
BE IT RESOLVED, the Governing Board of Pioneer Community Energy, State of California, hereby finds, declares, and resolves as follows:

1. The above recitals are true and correct.

2. The Governing Board does hereby establish the Governance Committee for Pioneer Community Energy

3. This Resolution shall take effect immediately upon its adoption.

Exhibit A: Governance Committee Policy
Resolution 2024-__
December 19, 2024

Category: Administration
Page | 1 Proposed: December 19, 2024

383931.6

GOVERNANCE COMMITTEE
I. PURPOSE
The purpose of the Governance Committee is to make policy recommendations and provide strategic direction to the Governing Board of Pioneer Community Energy (“Pioneer”), as needed.

II. BROWN ACT REQUIREMENT
The Governance Committee is a permanent standing committee and is subject to the Brown Act for all meetings.

III. MEMBERSHIP
A. From the Governing Board:

1. Board Chair

2. Board Vice Chair

3. Chair of Audit & Finance Committee

4. Chair of Energy Procurement Review Committee

5. Chair of Expansion Committee

6. The immediate past Board Chair shall serve as a non-voting ex officio member unless he/she is serving on the Committee as the Chair of one of the advisory committees listed above.

B. The following staff shall provide support to the Governance Committee:

1. Chief Executive Officer

2. Chief Operating Officer

3. Director of Finance & Administration

4. Board Clerk
IV. DUTIES OF THE GOVERNANCE COMMITTEE
A. Duties and Responsibilities include but not limited to:

PIG~NEER

COMMUNITY ENERGY

Category: Administration
Page | 2 Proposed: December 19, 2024

383931.6

1. Review potential amendments to the Joint Powers
Agreement and make recommendations to the Board.

2. Review potential amendments to the CEO’s contract and make recommendations to the Board.

3. Review and make recommendations on matters referred to by the Committee by a majority vote of the Board present.

4. Review the Board’s policies and procedures to ensure maximum efficiency and effectiveness and propose
changes to the Board, as needed.

5. At the request of the CEO, review proposed policies and make recommendations to the Board.

B. Such other duties and responsibilities as delegated by the Governing Board by resolution.

V. LIMITATION OF GOVERNANCE COMMITTEE
The Governance Committee has no final decision-making authority unless otherwise delegated by resolution of the Governing Board.

PIG~NEER

COMMUNITY ENERGY

Staff Report – Item 2
To: The Governing Board
From: Donald Eckert Jr., Chief Executive Officer
Item 2: Adopt Resolution Authorizing a Rate Adjustment in 2025 Date: 12/19/2024

RECOMMENDATION
Adopt Resolution approving implementation of Pioneer Community Energy’s (“Pioneer”) Customer Generation Rate changes effective February 1, 2025.

BACKGROUND
There is an inverse relationship between the PCIA and the power markets. When the powers markets are high, as they are currently, then the value of PG&E’s assets, whether it is physical or power purchase agreements, are most likely priced below market which results in a higher value assigned to those assets. Subsequently, the PCIA would decrease.

A rates discussion was expected in Spring 2025 due to Pacific Gas & Electric (“PG&E”) protesting the current methodologies, they agreed to several years ago, that impact their rates but more significantly the Power Charge Indifference Adjustment (“PCIA”) or exit fee. The California Public Utilities Commission (“CPUC”) ruled against PG&E’s protest. As a result of that decision, PG&E is scheduled to release new rates effective January 1, 2025, which prompts the need for the Board to discuss rates as well.

From 2025 through summer of 2027, the power supply markets, specifically resource adequacy and renewable energy credits, are expected to stay at high levels with an eventual correction in late 2027 as projects begin to go online. While we have seen recent declines in the PCIA, these current market conditions have resulted in significant decreases in the PCIA for all vintages in 2025. The table below illustrates the change from 2024 to 2025:

While the direction of PG&E’s generation rates also impacts our competitiveness, the change is expected to be less than 2% and for purposes of this discussion are not included. The actuals generation rates by PG&E will be released during the last week of the December.

ANALYSIS & DISCUSSION
Rate setting for a Community Choice Aggregator (“CCA”) is unique from traditional utility ratemaking due to a CCA’s having a defined service territory but not a captive customer base. Customers can opt out from our service, so rate setting includes consideration of not just the CCA’s revenue needs but also how competitive its rates are compared to the incumbent Investor-Owned-Utility.

Vintage Territory Current 2025 Change %
2017 Placer 0.01208 0.00850 0.00358 -30%
2021 El Dorado 0.00399 0.02262 0.01863 -467%
2023 NC/GV 0.00906 0.02625 0.03531 -390%
($/kWH)
Plf)NEER

COMMUNITY ENERGY
I I
I I
Agenda Item: 2 Agenda Date: 12/19/2024

Rate design principles should include:

1. Revenue sufficiency – Rates must cover operating expenses, any debt service requirements, and prudent reserves.

2. Rate Competitiveness – Rates must allow Pioneer to successfully retain and attract customers.

3. Rate Stability – Rate changes should be minimized to reduce customer bill impacts.

4. Customer Understanding – Rates should be simple, transparent, and easily understood.

5. Equity Among Customers – Rate difference among customers should be justified by factors such as usage characteristics and cost of service.

With rate setting principles in mind, when we set rates, we must consider covering our cost to serve, competitiveness to PG&E and approach this from a three-year view to support rate stability.

The projected movement with the PCIA does put Pioneer in a strong position to set rates that improves our competitiveness. There are two options for consideration:

Option 1: Minimum 3% Discount
In this scenario, Pioneer’s rates would be set to be no less than 3% compared to PG&E’s generation rate.

The table below illustrates the discount by territory and the projected impact to contribution margin over the next three fiscal years:

This option maintains Member Agencies within Placer County at 3% while smoothing out any budget deficits over the next three years.

Option 2: Minimum 5% Discount
In this scenario, Pioneer’s rates would be set to be no less than 5% compared to PG&E’s generation rate.

The table below illustrates the discount by territory and the projected impact to contribution margin over the next three fiscal years:

This is not the preferred option as it contributes to a larger deficit in Fiscal Year 2026. For every 1% discount above the 3% in Option 1 increases the deficit in Fiscal Year 2026 by $2.6 million.

While this option is more risky, it is included for discussion as there is expected sensitivity to the difference in discounts in 2025 and offers some compromise.

Risk Consideration
The following are risk factors to consider when choosing Option 2:

Option 1: Minimum 3% Discount
FY25 FY26 FY27
Contribution Margin $10.8 $1.0 $7.7
Placer El Dorado NC/GV
Discount to PG&E 3% 23% 24%
($ in Millions)
Option 2: Minimum of 5% Discount
FY25 FY26 FY27
Contribution Margin $8.5 $6.4 $2.2
Placer El Dorado NC/GV
Discount to PG&E 5% 25% 27%
($ in Millions)
Agenda Item: 2 Agenda Date: 12/19/2024

1. PG&E may have lost the battle this year on the methodology that impacts the PCIA but they will be back protesting this issue in 2025. If there is a reversal next year, there will challenges to our rate competitiveness and smoothing out future deficits puts Pioneer in a stronger position to respond.

2. While it is unlikely a one year deficit would impact our credit rating, it will raise attention from Global S&P, Umpqua Bank, and Power Suppliers. Option 1 shields Pioneer from that attention.

Next Steps
The recommendation provided is based on expectation of the PCIA rates and does not include any change to PG&E’s generation rate. If the actual rates released by PG&E in late December land at or near the assumptions used for this discussion, then staff would proceed with rate changes based on a minimum discount decided by the Board and the rate adjustments would become effective February 1, 2025. This avoids any rebilling issues in January that creates confusion for our customers whose bill is read before the new rates are in the billing system.

If the actual rates are significantly different than expected, staff will apprise the Board, suspend any rate change activity, and bring the discussion back to the Board at a future date.

STRATEGIC PLAN
The recommendation supports both the Fiscally Strong & Resilient and Provide an Exceptional Customer Experience goals.

FISCAL IMPACT
There is no fiscal impact from the recommendation.

ATTACHMENTS

1. Resolution Authorizing Implementation of Pioneer’s Customer Generation Rate Changes Effective February 1, 2025.
383947.1
Before the Governing Board of
Pioneer Community Energy
Resolution No.: ____________
The following Resolution was duly passed by the Governing Board of Pioneer Community Energy at a regular meeting held December 19, 2024, by the following vote on roll call:

Ayes:

Noes:

Absent:

Signed and approved by me after its passage.
______________________________
Chair of the Governing Board
Attest:
_______________________
Secretary
WHEREAS, Pioneer Community Energy (“Pioneer”) was formed for the purpose of providing local control of energy resources, to provide competitive and stable rates, and to provide programs to foster economic development, energy efficiency, and resource conservation; and WHEREAS, Pioneer has the authority to aggregate electric load to purchase and supply electricity for customers within its jurisdiction; and
WHEREAS, Pioneer has provided electric generation service to its customers since initiating service on February 1, 2018; and
WHEREAS, Pioneer has a need to adopt customer generation rates that are competitive and contribute to Pioneer’s cash reserves to allow Pioneer to respond to risk, and provide competitive and stable rates; and
WHEREAS, on July 18, 2024, the Governing Board adopted Resolution No. 2024-25 which approved the most recent customer generation rates that are currently in effect; and WHEREAS, due to the expected changes in the Power Charge Indifference Adjustment (“PCIA”), and the expected increase in PG&E’s customer generation rates, and the expected increase to power supply costs for Pioneer, and for the reasons described in more detail in the agenda report, an increase is necessary to Pioneer’s customer generation rates that also results in a discount to PG&E’s customer generation rate; and
In the matter of: APPROVE IMPLEMENTATION OF

PIONEER GENERATION RATE CHANGES
EFFECTIVE FEBRUARY 1, 2025
Resolution No. ___
December 19, 2024
2 383947.1
WHEREAS, on December 19, 2024, the Board conducted a public hearing and reviewed, considered, discussed rate adjustment scenarios; and
WHEREAS, all the rate adjustment scenarios considered by the Board offered Pioneer customers savings compared to the PG&E Preliminary Annual Electric True-Up (AET) generation rates filed November 15, 2024.

BE IT RESOLVED, the Governing Board of Pioneer Community Energy, State of California, hereby finds, declares, and resolves as follows:

1. The above recitals are true and correct.

2. Upon the release of PG&E’s final Annual Electric True-Up customer generation rates, the Chief Executive Officer is hereby authorized to amend Pioneers’ current Electric Generation Rates Schedule authorized by Resolution 2024-25 so that Pioneer’s customer generation rates will be at least 3% lower than the sum of PG&E’s generation rates and the 2017 Vintage PCIA,

3. If the final approved PG&E customer generation rates result in Pioneer’s ability to offer a larger discount than stated in Section 2 above while maintaining a positive projected contribution to Pioneer’s Net Position in Fiscal Year 2025-26 the discount in Section 2 above will be increased by a percentage equal to the discount difference between the Preliminary AET and the Final AET .

4. If the final approved PG&E customer generation rates are materially less than the estimated Annual Electric True-Up and it would cause the discount stated in Section 2 above to cause Pioneer’s 2025 rates to be adjusted downward, a Pioneer rate adjustment will be deferred until the Board is able to reconsider the rate adjustment.

5. Pioneer’s electric generation rates, as adjusted by the Chief Executive Officer per this Resolution above, shall become effective on February 1, 2025, or within 30 days after PG&E releases its final 2025 customer generation rates, whichever is later.

6. Pioneer’s adjusted electric generation rates shall be set forth in the 2025 Electric Generation Rates Schedule. The Chief Executive Officer shall provide a copy of the 2025 Electric Generation Rates Schedule to the Governing Board at its first meeting after the 2025 electric generation rates are implemented.

7. Resolution No. 2024-25 is hereby rescinded upon the effective date of the updated 2025 Electric Generation Rates Schedule.
384032.1 Page 1 of 2
Staff Report – Item 3
To: The Governing Board
From: Donald Eckert Jr., Chief Executive Officer
David Ruderman, General Counsel
Item 3: Update on Administrative Changes and Approval of a 30-day Notice to Amend the Joint Exercise of Powers Agreement with Such Changes
Date: 12/19/2024

RECOMMENDATION
Receive update on Administrative Changes and Approve the 30-Day Notice to Amend the Joint Exercise of Powers Agreement (“JPA”) for Pioneer Community Energy (“Pioneer”).

BACKGROUND
At the November 21, 2024, Governing Board meeting, the Board discussed the Board’s role in governance with respect to amendments to the JPA. The Board then directed staff to bring back to the Board the administrative changes to the JPA proposed earlier in the year.

ANALYSIS & DISCUSSION
In 2015, Placer County and the City of Colfax entered a JPA to establish the Sierra Valley Energy Authority to operate a Property Assessed Clean Energy (PACE) program. In 2017, the JPA was amended and restated to create a community choice aggregation program, add the cities of Auburn, Lincoln, Rocklin, and the Town of Loomis as member agencies, and later that year was renamed Pioneer Community Energy. Since then, that First Amended and Restated JPA has been amended five times to make text changes and add new members.

The following are the proposed administrative changes to the JPA:
• Name. Change name of agency to Pioneer Community Energy throughout (this was legally effectuated by a resolution adopted in 2017 but references to Sierra Valley Energy Authority remained in the First Amended and Restated); likewise changed references to “the Authority” to “Pioneer” for ease of reading.
• Prior Amendments. Updated the title page with a listing of the prior amendments with effective dates.
• Exhibit A for List of Members. Remove references to specific member agencies in Sections 2 and 5 and of the JPA, moving the list of the members to a new Exhibit A for easier reference and updating.
• Special Voting Requirements. Revised Section 8 to correct erroneous cross-references but did not change the requirement that amendments of the JPA require a 2/3 vote of the Governing Board.
• Amendments. Revise Section 19, Amendments, to provide clarity on the procedure for approval of such amendments.
• Satisfied/completed obligations. Revise sections that have now been completed to indicate they are satisfied (for example, Section 9E, which describes the provision of start-up funding by Placer County). • Clean-up. Fix incorrect cross references, revise confusing references and typos.

Plf)NEER

COMMUNITY ENERGY
Agenda Item: X Agenda Date: 12/19/2024
384032.1 Page 2 of 2
• Change Title of Executive Director to Chief Executive Officer. Per the Employment Agreement recently entered with the Executive Director changing his title to Chief Executive Officer, this change will ratify the change in title for the Executive Director.

Next Steps
Upon approval by the Board, staff will issue the 30-day notice to Pioneer’s Members that will include this staff report and attachments. The next available Board meeting following 30 days is February 2025. Subsequently, staff will bring this item back to the Board to adopt a resolution to effectuate the proposed changes.

STRATEGIC PLAN
The report supports the Operational Optimization goal.

FISCAL IMPACT
There is no fiscal impact from the recommendation.

ATTACHMENTS

1. Redline showing changes made between the proposed administrative changes and the current JPA (as amended by Amendments 1-5).
3 383338.1 1
Pioneer Community Energy
Joint Exercise of Powers Agreement
Effective September 9, 2015
As amended and restated effective February 22, 2017
As amended by Amendment No. 1 dated December 27, 2020
As further amended by Amendment No. 2 dated January 21, 2021 As further amended by Amendment No. 3 dated April 15, 2021 As further amended by Amendment No. 4 dated January 20, 2022 As further amended by Amendment No. 5 dated November 17, 2022 Among the Following Parties:

City of Auburn
City of Colfax
County of El Dorado
City of Grass Valley
City of Lincoln
Town of Loomis
City of Nevada City
County of Placer
City of Placerville
City of Rocklin
383338.1 2

AMENDED AND RESTATED JOINT EXERCISE OF

POWERS AGREEMENT FOR THE SIERRA

VALLEYPIONEER COMMUNITY ENERGY AUTHORITY
THIS Amended and Restated Joint Exercise of Powers Agreement (hereafter “Agreement”) amends and restates the Joint Exercise of Powers Agreement for the SIERRA VALLEY ENERGY AUTHORITY, (hereafter "Authority") originally entered as of September 9, 2015, (the "Original Agreement") which was by and between the COUNTY OF PLACER, and the CITY OF COLFAX, both public entities of the State of California.

By this amendment and restatement it becomes a Joint Exercise of Powers Agreement for PIONEER COMMUNITY ENERGY (hereafter “Pioneer”) by and among Voting Members (including New Voting Members) and the Associate Members listed in Exhibit A to this Agreement, all public entities of the State of California between the COUNTY OF PLACER, the CITY OF COLFAX and the cities of Rocklin, Lincoln and Auburn and the town of Loomis within the County of Placer who become signatories to this Agreement (the "New Voting Members", and together with the County of Placer and the City of Colfax, the "Voting Members"), as well as those local agencies that become signatories to this Agreement as Associate Members, and relates to the joint exercise of powers among all of the signatories hereto either as Voting Members or Associate Members (hereafter collectively referred to as the “Members”).

RECITALS:

A. Whereas, each of the Members has a vested interest in the economic well-being of its respective jurisdiction and the region as a whole as well as energy efficiency and clean energy growth and development; B. Whereas, the Members desire to enter into this Agreement to provide for local control of energy resources, the adoption of programs to foster economic development, energy efficiency, and resource conservation, and to further define and describe the scope of powers to be exercised by the AuthorityPioneer;
C. Whereas, the Members share various powers under California law, including but not limited to the power to aggregate electric load, to purchase and supply electricity for themselves and customers within their jurisdictions, and the power to enter into voluntary contractual assessments with property owners to provide financing for the installation of public and private improvements authorized within their jurisdictions;
D. Whereas, the purposes for entering into this restated Agreement include, but are not limited to:
383338.1 3
1) Providing electric power and other forms of energy to customers at a competitive cost;
2) Promoting long-term electric rate stability and energy security and reliability for residents through local control of electric generation resources and the overall power supply portfolio.
3) Carrying out programs to reduce energy consumption;
4) Stimulating and sustaining the local economy by developing local jobs in renewable energy; and
5) Reducing greenhouse gas emissions related to the use of electric power and other forms of energy in Placer County and neighboring regions;
E. Whereas, it is the intent of this Agreement to promote the development and use of a wide range of energy sources and energy efficiency programs, including but not limited to hydroelectric, biomass, landfill gas, conversion of waste-to-energy, solar, and wind energy production;
F. Whereas, Pacific Gas and Electric and Liberty Energy are the investor owned providers of retail electric service throughout the Voting Member jurisdictions and a Community Choice Aggregator is authorized to aggregate electrical load served by such investor owned providers within its members’ jurisdiction. Each of the Voting Members must adopt an ordinance electing to implement through the AuthorityPioneer a common Community Choice Aggregation pursuant to California Public Utilities Code Sections 331.1(b) and 366.2(12)(A).

NOW THEREFORE, in consideration of the mutual promises, covenants and conditions herein, the Members hereto agree to establish a joint powers authority as follows:

Section 1. Authority for this Joint Exercise of Powers Agreement This Agreement is made pursuant to Chapter 5 of Division 7 of Title 1 of the Government Code of the State of California (commencing with Section 6500) relating to the joint exercise of power common to the counties and public agencies and other powers specified therein (hereinafter the “Act”). Under Sections 6505 and 6507 of the Act, the AuthorityPioneer is a public agency separate from its Members. As provided by Section 6508.1 of the Act, and Section 12 hereof the debts, liabilities or obligations of the AuthorityPioneer shall not be the debts, liabilities or obligations of the individual Members, unless the governing body of a Member agrees in writing to assume any of those debts, liabilities or obligations.

The Members are each empowered by the laws of the State of California to exercise, in their respective jurisdictions, the powers set forth herein, including but not limited to the power to aggregate electric load, to purchase and supply electricity for themselves and customers 383338.1 4
within their jurisdictions, and the power to enter into voluntary contractual assessments with properties owners for authorized improvements within their jurisdictions.

Section 2. Purpose of Agreement
The purpose of this Agreement is to establish an independent public agency in order to exercise powers common to the Members and other powers granted to the AuthorityPioneer under the Act, to study, promote, develop, conduct, operate, and manage energy, energy efficiency and conservation, and other energy-related programs, to exercise all other powers necessary and incidental to accomplishing these purposes, and to provide a Community Choice Aggregation (hereinafter “CCA”) Program, pursuant to California Public Utilities Code Sections 331.1 and 366.2, and as further described in Section 10.

Without limiting the generality of the foregoing, the Members also intend for this Agreement to be used as a mechanism by which Voting Members and non-voting Associate Members may authorize the AuthorityPioneer to provide Property Assessed Clean Energy (“PACE”) Programs pursuant to Chapter 29 of the Improvement Bond Act of 1911, Division 7 of the California Streets and Highways Code (“Chapter 29”). The AuthorityPioneer may provide PACE Programs pursuant to Chapter 29 within the boundaries of each Voting Member as set forth in Section 10(C) herein, and within the boundaries of each non-voting Associate Member as set forth in Sections 16 herein. The Members intend that other agreements with Associate Members shall define the terms and conditions associated with the implementation of the CCA Program, the PACE Program, and any other energy programs approved by the AuthorityPioneer within the territorial jurisdiction of such Associate Members. As of the Effective Date of this Agreement, the Associate Members include the County of Nevada, County of Sacramento, City of Grass Valley, City of Folsom, City of Nevada City and Town of Truckee.

Section 3. Effective Date and Term
This Agreement shall be effective as an amendment and restatement of the Original Agreement, and the AuthorityPioneer shall continue to exist as a separate public agency under the terms of this Agreement upon execution by the County of Placer and the City of Colfax. This Agreement shall be in full force and effect until terminated in the manner herein provided, subject to the rights of the Members to withdraw from the AuthorityPioneer.

Section 4. Powers
The AuthorityPioneer shall have all powers common to the Members, and such additional powers accorded to it by law, including the power to develop and implement comprehensive energy and resource development and conservation programs, as described herein. Unless state or federal law provides otherwise, any facilities, buildings or structures located, constructed, or caused to be constructed by the AuthorityPioneer within the territory of the AuthorityPioneer shall comply with the General Plan, zoning and building laws of the local jurisdiction within which the facilities, buildings or structures are constructed and comply with the California Environmental Quality Act (CEQA). As required by Government Code 383338.1 5
Section 6509, the power of the Authority Pioneer is subject to the restrictions upon the manner of exercising power possessed by the City of Colfax.

The AuthorityPioneer is authorized, in its own name, to exercise all powers and do all acts necessary and proper to carry out the provisions of this Agreement and fulfill its purposes, including, but not limited to, each of the following powers, subject to the voting requirements set forth in Section 5C and Section 8:

A. to make and enter into contracts;
B. to employ agents and employees, including but not limited to an Chief Executive DirectorOfficer;
C. to acquire, contract, manage, maintain, and operate any buildings, infrastructure, works, or improvements;
D. to acquire property by eminent domain, or otherwise, except as limited under Section 6508 of the Act, and to hold or dispose of any property; E. to lease any property;
F. to sue and be sued in its own name;
G. to incur debts, liabilities, obligations and to issue bonds, and to make and enter into agreements and other documents of any nature whatsoever as may be necessary or convenient in the exercise of the powers provided under the Marks- Roos Local Bond Pooling Act of 1985, as amended, and other provisions of California law that authorize public agencies to issue bonds and incur indebtedness, including but not limited to loans from private lending sources pursuant to its temporary borrowing powers such as Government Code Sections 53850 et. seq.;
H. to form subsidiary or independent corporations or entities, if necessary to carry out energy supply and energy conservation programs and to take advantage of legislative or regulatory changes;
I. to deposit its money pursuant to Section 6505.5 of the Act and to invest its money which is not required for the immediate use of the AuthorityPioneer, as the AuthorityPioneer determines is advisable in the same manner and upon the same conditions as local agencies, pursuant to Section 53635 of the California Government Code;
J. to apply for, accept, and receive all licenses, permits, grants, loans or other aids from any federal, state, or local public agency;
K. to submit documentation and notices, register, and comply with orders, tariffs and agreements for the establishment and implementation of the CCA Program and other energy programs;
383338.1 6
L. to adopt rules, regulations, policies, bylaws and procedures governing the operation of the Authority Pioneer (“Operating Rules and Regulations”); M. to establish and operate a CCA program, and make and enter into service agreements relating to the provision of services necessary to plan, implement, operate and administer the CCA Program, including the acquisition of electric power supply and the provision of retail and regulatory support services;
N. to establish and operate one or more PACE programs pursuant to Chapter 29, and to enter into one or more agreements, including without limitation, participation agreements, implementation agreements and joint powers agreements and amendments thereto to fulfill such programs both within and outside the jurisdictional boundaries of the AuthorityPioneer; O. to establish a non-voting “Associate Member” status that provides membership in the AuthorityPioneer to jurisdictions that are outside jurisdictional boundaries of the Authority'sPioneer’s Voting Members, but within whose boundaries a PACE, CCA, or other energy program is established and implemented by the AuthorityPioneer on behalf of the Associate Member. Said jurisdictions shall adopt one or more agreements (a “PACE Agreement”, “CCA Agreement”, or other energy program agreement, as applicable) on terms and conditions established by the AuthorityPioneer. The rights of Associate Members shall be limited solely to those terms and conditions expressly set forth in the PACE Agreement, CCA Agreement or other energy program agreement for the purposes of implementing the PACE Program, CCA Program or other energy program, respectively, within the jurisdictional boundaries of the Associate Member.

Except as expressly provided for by the PACE Agreement, CCA Agreement or other energy program agreement, Associate Members shall not have any rights otherwise granted to AuthorityPioneer Members by this Agreement, including but not limited to the right to vote, the right to amend this Agreement and the right to sit on committees or boards established under this Agreement;
P. to execute agreements for the purpose of authorizing the AuthorityPioneer to implement, manage and administer area-wide and regional programs in the interest of providing energy supply, development of energy generation, energy efficiency, resource conservation, local public welfare and other economically related energy programs. The costs incurred by the AuthorityPioneer in implementing a program, including indirect costs, shall be costs of the AuthorityPioneer and shall not be assessed to the Members, unless approved by the Governing Body of the Member.

Section 5. Governance and Internal Organization
383338.1 7
A. Governing Board. The governing body of the AuthorityPioneer shall consist of up to a eleven (11) person Board, consisting of two (2) members of the Placer County Board of Supervisors, and one (1) member each for all other Voting Members, appointed respectively by the El Dorado County Board of Supervisors, the Cities of Auburn, Colfax, Grass Valley, Rocklin, Lincoln, Nevada City, Placerville and the Town of Loomiseach Voting Member that is or becomes a signatory to this Agreement (“Board Member”). The total number of Board Members shall equal the total number of Voting Members listed in Exhibit A plus one (1).

The Boards of Supervisors from Placer County, the Board of Supervisors from El Dorado County, and the, City/Town Councils set out above shall respectfullyand Town Councils of the Voting Members listed in Exhibit A shall respectively appoint such member(s) set out above and not less than one alternate member per Board Member. The term of office of each Board Member and respective alternate may be terminated at any time by the appointing Board of Supervisors, City Council or City/Town Council. The designated alternate shall have authority to attend, participate, and vote at any meeting of the Board or committee whenever the regular member, for whom they are designated to act as an alternate, is absent from the meeting.

B. Quorum. The majority of the members of the Board shall constitute a quorum. No action may be taken by the Board unless a quorum is present, except that less than a quorum may adjourn a meeting from time to time.

C. Powers and Function of Board. The Board will exercise governance, policy guidance and oversight over the business and activities of the AuthorityPioneer, consistent with this Agreement and applicable law.

ActionUnless otherwise specified in Section 8, action by the AuthorityPioneer Board will be taken by majority vote of the Board Members present.

D. Chairperson. The Chairperson and Vice Chairperson of the Board shall be selected by the Board from its members. The term of office of the Chairperson and Vice Chairperson shall each be one calendar year.

E. Secretary. The Board shall appoint a Secretary to the Board who need not be a member of the Board, who shall be responsible for keeping the minutes of all meetings of the Board and all other official records of the AuthorityPioneer.

F. Meetings. All meetings of the Board shall be held subject to the provisions of the Ralph M. Brown Act, Division 2, Chapter 9 of the California Government Code (hereafter, the “Brown Act”). The Board shall hold at least four regular meetings per year, but the Board may provide for the holding of regular meetings at more frequent intervals. The date, hour and place of each regular meeting shall be fixed by resolution or ordinance of the Board. Regular meetings may be adjourned to another meeting time. Special 383338.1 8
meetings of the Board may be called in accordance with the provisions of California Government Code Section 54956. Directors may participate in meetings telephonically, with full voting rights, only to the extent permitted by law.

G. Bylaws. The Board shall adopt bylaws for the conduct of business that shall not be inconsistent with the provisions of this Agreement, and the laws of the State of California.

H. Board Member Compensation. Board Members shall serve without compensation from the AuthorityPioneer. However, Board Members may be compensated by their respective appointing authorities. The Board, however, may adopt by resolution a policy relating to the reimbursement by the AuthorityPioneer of expenses incurred by Board Members.

Section 6. Chief Executive Director Officer and Other Staff A. Chief Executive DirectorOfficer. The Board shall appoint an Chief Executive Director Officer for the AuthorityPioneer, who shall be responsible for the day-to-clay operation and management of the Authority.Pioneer. The Chief Executive Director Officer may exercise all powers of the AuthorityPioneer, except the powers specifically set forth in Section 4, or those powers that by law must be exercised by the Board. The Chief Executive Director Officer shall hire and supervise any AuthorityPioneer employees or consultants.

B. Chief Executive Director Officer Reports to the Board. The Chief Executive Director Officer shall prepare, no later than the 20th day of each first month of each fiscal quarter, a report to the Board on the operations of the AuthorityPioneer during the preceding fiscal quarter. The Bylaws shall specify the information to be included in the Chief Executive Director’s Officer’s reports.

C. Services Providers. The Chief Executive Director Officer may appoint one or more services providers to serve as the Authority'sPioneer’s agent(s) for planning, implementing, operating and administering the PACE Program, the CCA Program, and any other program approved by the Board, in accordance with the provisions of a written agreement between the AuthorityPioneer and the appointed administrative services provider or providers (a “Services Agreement”). The appointed services provider may be one of the Voting Members. A Services Agreement shall set forth the terms and conditions by which the appointed administrative services provider shall perform or cause to be performed all tasks necessary for planning, implementing, operating and administering the PACE Program, the CCA Program and other approved programs. The Services Agreement shall set forth the term of the Agreement and the circumstances under which the Services Agreement may be terminated by the Authority.Pioneer. This section shall not in any way be construed to limit the discretion of the AuthorityPioneer to hire its own 383338.1 9
employees to administer the PACE Program, the CCA Program or any other program.

D. Independent Monitor. The Board may appoint or contract for the services of an independent monitor to review programs operated by the AuthorityPioneer and to report to the Board.

E. Advisory Commissions, Boards or Committees. The Board may establish any advisory commissions, boards, and committees as the Board deems appropriate to assist the Board in carrying out its functions and implementing the CCA Program, other energy programs and the provisions of this Agreement which shall comply with the requirements of the Brown Act. The Board may establish rules, regulations, policies, bylaws or procedures to govern any such commissions, boards, or committees.

Section 7. Treasurer and Auditor-Controller
The Governing Board shall appoint a Treasurer for the Authority.Pioneer. The Treasurer shall be the depository of the AuthorityPioneer and shall have all of the duties and responsibilities specified in Section 6505.5 of the Act. The duties and obligations of the Treasurer are further specified in Section 9. The Governing Body shall appoint an Auditor-Controller for the AuthorityPioneer in compliance with the Act. The Auditor-Controller of the AuthorityPioneer shall make or contract with a certified public accountant to cause an annual audit in compliance with Section 6506 of the Act. The authorityPioneer of the Board to appoint a Treasurer and Auditor/Controller shall include the authorityPioneer to combine both offices to be held by one officer or employee pursuant to section 6505.6 of the Act.

Section 8. Special Voting Requirements and Voting Shares A. Involuntary Termination or Amendment. Action of the Board on the matters set forth in Section 14A15A (involuntary termination of a Member), or Section 18 19 (amendment of this Agreement) shall require the affirmative vote of at least two-thirds of the Board Members; provided, however, that for votes to involuntarily terminate a Member under Section 14A15A, the Board Member(s) for the Member subject to involuntary termination may not vote, and the number of Board Members constituting two-thirds of all Board Members shall be recalculated as if the Voting Member subject to possible termination were not a Voting Member.

B. Eminent Domain. A decision to exercise the power of eminent domain on behalf of the AuthorityPioneer to acquire any property interest other than an easement, right-of-way, or temporary construction easement shall require a vote of at least two-thirds of all Board Members.

C. Contributions by Members. The imposition on any Member of any obligation to make contributions or pledge assets as a condition of continued participation in the PACE Program, the CCA Program, or other energy programs shall require a vote of at least two-thirds of all Board Members and 383338.1 10
the approval of the governing boards of the Members and Associate Members who are being asked to make such contribution or pledge.

Section 9. Financial Provisions
A. Fiscal Year. For the purposes of this Agreement, the AuthorityPioneer shall have such fiscal year from July 1 to and including the following June 30.

B. Depository. All funds of the AuthorityPioneer shall be held in separate accounts in the name of the AuthorityPioneer and not commingled with funds of any Member or any other person or entity. All funds of the AuthorityPioneer shall be strictly and separately accounted for, and regular reports shall be rendered of all receipts and disbursements, at least quarterly during the fiscal year. The books and records of the AuthorityPioneer shall be open to inspection by the Members at all reasonable times. The Board shall contract with a certified public accountant to make an annual audit of the accounts and records of the AuthorityPioneer, which shall be conducted in accordance with the requirements of Section 6505 of the Act.

C. Expenditures. All expenditures shall be made in accordance with the approved budget and upon the approval of any officer so authorized by the Board in accordance with its Operating Rules and Regulations. The Treasurer shall draw checks or warrants or make payments by other means for claims or disbursements not within an applicable budget only upon the prior approval of the Board.

D. Budget. The initial budget shall be approved by the Board. The Board may revise the budget from time to time through an AuthorityPioneer Document as may be reasonably necessary to address contingencies and unexpected expenses. All subsequent budgets of the Authority Pioneer shall be approved by the Board in accordance with the Operating Rules and Regulations.

E. Funding of Initial Costs. The County of Placer has funded certain activities necessary to implement the CCA Program. If the CCAThese costs were repaid in full when the CCA Program becomesbecame operational, these initial costs paid by the County of Placer shall be included in the customer charges for electric services as provided by Section 14 to the extent permitted by law, and the County of Placer shall be reimbursed from the payment of such charges by customers of the Authority. Prior to such reimbursement, the County of Placer shall provide such documentation of costs paid as the Board may request. In the event that the CCA Program does not become operational, the County of Placer shall not be entitled to any reimbursement of the initial costs it has paid from the Authority or any Member.

F. CCA Program Costs. The Members desire that all costs incurred by the AuthorityPioneer that are directly or indirectly attributable to the provision of electric, conservation, efficiency, incentives, financing, or other services 383338.1 11
provided under the CCA Program, including but limited to the establishment and maintenance of various reserves and performance funds and administrative, accounting, legal, consulting, and other similar costs, shall be recovered through charges to CCA customers receiving such electric services, or from revenues from grants or other third-party sources.

Section 10. Implementation Action and AuthorityPioneer Documents A. Each Member shall adopt an ordinance or resolution in accordance with Public Utilities Code Section 366.2(c)(12) for the purpose of specifying that the Member intends to implement a CCA Program by and through its participation in the AuthorityPioneer.

B. Each Member that wishes to participate in the CCA Program shall adopt a resolution expressing its desire to become a Member to this Agreement, and its intention to have the territory of the Member's jurisdiction included in the service territory of the CCA.

C. Each New Voting Member that wishes to participate in the PACE Program shall adopt a resolution authorizing it to become a Voting Member under this Agreement. Execution by such New Voting Member of this Agreement shall constitute consent to AuthorityPioneer undertaking contractual assessment proceedings under Chapter 29 for all of the properties in such New Voting Member’s incorporated area and to the contractual assessment financing of certain improvements (as enumerated from time to time in Chapter 29, “Improvements”) by AuthorityPioneer, upon the request by and voluntary agreement of owners of such properties, in compliance with the laws, rules and regulations applicable to the Authority'sPioneer’s PACE Program, and to the assumption of jurisdiction thereover by AuthorityPioneer for the purposes thereof. Execution by such New Voting Member of this Agreement shall also serve to authorize AuthorityPioneer to take each step required for it to provide contractual assessment financing for the Improvements, including the levying, collecting and enforcement of contractual assessments to finance the Improvements and the issuance and enforcement of bonds and other financing instruments to represent and be secured by such contractual assessments. The New Voting Members shall not be required to adopt a PACE Agreement and shall not be subject to the rights and obligations set forth therein, but shall instead, upon becoming Voting Members hereunder, be subject to the rights and obligations expressly set forth herein.

The AuthorityPioneer may additionally provide PACE Programs pursuant to Chapter 29 within the boundaries of non-voting Associate Members, as described further in Section 16 herein.

D. Implementation Plan and Statement of Intent. The AuthorityPioneer shall cause to be prepared an Implementation Plan and Statement of Intent meeting the requirements of California Public Utilities Code Section 366.2 383338.1 12
and any applicable California Public Utilities Commission regulations. The Implementation Plan and Statement of Intent shall specify the service territory of the CCA to be within the boundaries of the Member jurisdictions that have taken the actions specified in A and B above. The Implementation Plan and Statement of Intent shall not be filed with the California Public Utilities Commission until it is approved by the Board in the manner provided inby Section 5.

If a City or County adopts an ordinance and resolution pursuant to A and B above, expressing its desire to become a Member to this Agreement subsequent to the filing of the then most recently filed Implementation Plan and Statement of Intent, the Board shall direct the preparation and filing of a new or amended Implementation Plan and Statement of Intent to include the territory of the County or City as soon as reasonably practicable. The Board may require the County or City to pay the cost of preparation and submission of the Implementation Plan and Statement of Intent. Upon California Public Utilities Commission certification of the new or amended Implementation Plan and Statement of Intent, the Board shall take action to approve membership of the County or City. The County or City shall then be entitled to all rights under this Agreement, including a seat on the Board and voting rights pursuant to Section 5.A and Section 8.

E. Termination of CCA and PACE Program. Nothing contained in this Article or this Agreement shall be construed to limit the discretion of the AuthorityPioneer to terminate the implementation or operation of the CCA or the PACE Program at any time in accordance with any applicable requirements of state law.

F. AuthorityPioneer Documents. The Members acknowledge and agree that the affairs of the AuthorityPioneer will be implemented through various documents duly adopted by the Board through Board resolution. The Members agree to abide by and comply with the terms and conditions of all such documents that may be adopted by the Board, subject to the Members’ right to withdraw from the AuthorityPioneer as described in Section 14.

Section 11. Records and Reports
The Board shall establish reporting requirements and direct staff to maintain such reports, including, but not limited to, funds and accounts as may be required by good accounting practice or by law. All books and records of the AuthorityPioneer shall be open to inspection at all reasonable times by any Member to this Agreement or its representatives.

Annual audits of the Authority'sPioneer’s accounts and records shall be made by an independent CPA firm, and reports shall be filed in the manner provided in Section 6505 of the California Government Code.

Section 12. Debts, Liabilities and Obligations
383338.1 13
The AuthorityPioneer is a public agency separate from the Members. Pursuant to Sections 6508.1 of the Act, the debts, liabilities or obligations of the AuthorityPioneer shall not be debts, liabilities or obligations of the individual Members unless the governing board of a Member agrees in writing to assume any of the debts, liabilities or obligations of the Authority.Pioneer. A Member who has not agreed to assume an Authoritya Pioneer debt, liability or obligation shall not be responsible in any way for such debt, liability or obligation even if a majority of the Members agree to assume the debt, liability or obligation of the Authority.Pioneer. Should any debt, liability or obligation of the AuthorityPioneer not be waived or allowed payable through assets of the AuthorityPioneer, none of the County or City members shall be liable, except as provided by Government Code sections 895 through 895.8.

Section 13. Insurance and Indemnity
The AuthorityPioneer shall acquire and maintain such insurance coverage as is necessary to protect the interests of the AuthorityPioneer, the Members, and the public. The insurance shall also contain a written endorsement to such policy or policies, which names each of the [Voting Members] as additional insureds. The AuthorityPioneer shall defend, indemnify, and hold harmless the Members, and each of their respective Board or Council members, officers, agents and employees, from any and all claims, losses, damages, costs, injuries, and liabilities of every kind arising directly or indirectly from the conduct, activities, operations, acts, and omissions of the AuthorityPioneer under this Agreement.

Section 14. Withdrawal
A. Right to Withdraw by Voting Member. A Voting Member may withdraw its participation in the CCA Program, effective as of the beginning of the Authority'sPioneer’s fiscal year, by giving no less than 12 months advance written notice of its election to do so, which notice shall be given to the AuthorityPioneer and each Voting Member. Withdrawal of a Voting Member shall require an affirmative vote of its governing board.

B. Right to Withdraw By Voting Member After Amendment. Notwithstanding Section 14A, a Voting Member may withdraw its membership in the AuthorityPioneer following an amendment to this Agreement adopted by the Board which the Board Member appointed as the representative of a Voting Member voted against provided such notice is given in writing within thirty (30) days following the date of the vote. Withdrawal of a Member shall require an affirmative vote of its governing board and shall not be subject to the twelve month advance notice provided in Section 14A. In the event of such withdrawal, the Member shall be subject to the provisions of Section 15B.

C. Continuing Liability; Further Assurances. A Voting Member that withdraws its participation in the CCA Program may be subject to certain continuing liabilities, as described in Section 15B. The withdrawing Voting Member and the AuthorityPioneer shall execute and deliver all further instruments and documents, and take any further action that may be reasonably 383338.1 14
necessary, as determined by the Board, to effectuate the orderly withdrawal of such Voting Member from participation in the CCA Program.

D. Withdrawal of Associate Member. The rights of an Associate Member to withdraw from the AuthorityPioneer shall be governed by the applicable PACE Agreement or CCC Agreement.

Section 15. Termination
A. Involuntary Termination of a Member. Participation of a Member in the CCA program may be terminated for material non-compliance with provisions of this Agreement or any other agreement relating to the Member’s participation in the CCA Program upon a vote of Board Members as provided in Section 8A. Prior to any vote to terminate participation with respect to a Member, written notice of the proposed termination and the reason(s) for such termination shall be delivered to the Member whose termination is proposed at least 30 days prior to the regular Board meeting at which such matter shall first be discussed as an agenda item. The written notice of proposed termination shall specify the particular provisions of this Agreement or other agreement that the Member has allegedly violated. The Member subject to possible termination shall have the opportunity at the next regular Board meeting to respond to any reasons and allegations that may be cited as a basis for termination prior to a vote regarding termination. A Member that has had its participation in the CCA Program terminated may be subject to certain continuing liabilities, as described in Section 15B.

B. Continuing Liability; Refund. Upon a withdrawal or involuntary termination of a Member, the Member shall remain responsible for any claims, demands, damages, or liabilities arising from the Member’s membership or participation in the CCA Program through the date of its withdrawal or involuntary termination, it being agreed that the Member shall not be responsible for any liabilities arising after the date of the Member’s withdrawal or involuntary termination. Claims, demands, damages, or liabilities for which a withdrawing or terminated Member may remain liable include, but are not limited to, losses from the resale of power contracted for by the AuthorityPioneer to serve the Member’s load. With respect to such liability, upon notice by an Member that it wishes to withdraw from the program, the AuthorityPioneer shall notify the Member of the minimum waiting period under which the Member would have no costs for withdrawal if the Member agrees to stay in the CCA Program for such period. The waiting period will be set to the minimum duration such that there are no costs transferred to remaining ratepayers. If the Member elects to withdraw before the end of the minimum waiting period, the charge for exiting shall be set at a dollar amount that would offset actual costs to the remaining ratepayers, and may not include punitive charges that exceed actual costs. In addition, such Member also shall be responsible for any costs or obligations associated with the Member’s participation in any program in accordance 383338.1 15
with the provisions of any agreements relating to such program provided such costs or obligations were incurred prior to the withdrawal of the Member. The AuthorityPioneer may withhold funds otherwise owing to the Member or may require the Member to deposit sufficient funds with the AuthorityPioneer, as reasonably determined by the AuthorityPioneer and approved by a vote of the Board, to cover the Member’s liability for the costs described above. Any amount of the Member’s funds held on deposit with the AuthorityPioneer above amounts not required to pay any liabilities or obligations shall be returned to the Member. The liability of any Member under this section 15B is subject and subordinate to the provisions of Section 12, and nothing in this section 15B shall reduce, impair, or eliminate any immunity from liability provided by Section 12.

C. Mutual Termination. This Agreement may be terminated by mutual agreement of all the Voting Members; provided, however, the foregoing shall not be construed as limiting the rights of a AssociateVoting Member to withdraw its participation in the CCA Program, as described in Section 14A.

Disposition of Property upon Termination of AuthorityPioneer. Upon termination of this Agreement, any surplus money or assets in possession of the AuthorityPioneer for use under this Agreement, after payment of all liabilities, costs, expenses, and charges incurred under this Agreement and under any program documents, shall be returned to the then-existing Voting Members in proportion to the contributions made by each. If no such contributions have been made, then such surplus after payment of all liabilities, costs, expenses, and charges shall be distributed to each Voting Member based on Annual Energy Use Divided by Total Annual Energy, multiplied by 100. “Annual Energy Use” means the annual electricity usage, expressed in kilowatt hours (“kWh”) within the Voting Member’s respective jurisdiction, and “Total Annual Energy” means the sum of all the Members Annual Energy Use. All measures of kilowatt hours shall be set using the electric load forecast upon which the current annual budget was based. If a Member has more than one Board Member, the distribution will be made pursuant to the above calculation as it relates to the respective jurisdiction.

D. Negotiations with Associate Members. If the Voting Members wish to terminate this Agreement, or if the Voting Members elect to withdraw from the CCA Program following an amendment to this Agreement as provided in Section 14B, but two or more Associate Members wish to continue to participate in the CCA Program, the Voting Members will negotiate in good faith with such Associate Members to allow the Associate Members to become the Voting Members to this Agreement or to effect a transfer of CCA Program operations to another entity.

Section 16. Associate Members
A. With the approval of the Board, any qualified public agency (as defined by Section 6500 of the JPA law) may become a non-voting Associate Member 383338.1 16
of this Agreement for purposes of participating in the CCA Program. A public agency requesting such membership may apply by presenting to the AuthorityPioneer a resolution of the public agency approving of this form of participation.

B. Any qualified public agency (as defined by Section 6500 of the JPA law) may become a non-voting Associate Member of this Agreement for purposes of participating in the PACE Program upon (i) such qualified public agency (a) adopting a resolution expressing its desire to become a non-voting Associate Member to this Agreement and authorizing the implementation of a PACE Program within the boundaries of its jurisdiction and (b) executing a PACE Agreement and (ii) the Board approving the qualified public agency as a non- voting Associate Member.

C. The date and terms upon which the applying public agency will become a non- voting Associate Member will be determined by the Board and set forth in a CCA Agreement or PACE Agreement, as applicable.

Section 17. Termination of Powers
The AuthorityPioneer shall continue to exercise the powers herein conferred upon it until termination of this Agreement, and thereafter shall continue to exercise only such powers as to enable it to pay and discharge all costs, expenses, and charges legally incurred hereunder, and to dispose of, divide and distribute any property required as a result of the joint exercise of such powers.

Section 18. Disposition of Assets; Property and Money
Upon termination of this Agreement under Section 1415, all costs, expenses, and charges legally incurred by the AuthorityPioneer shall be paid and discharged; and the AuthorityPioneer shall sell such property as may be necessary and shall distribute to the federal or State government such property and funds as are lawfully required; the balance of such property and any surplus money on hand shall be distributed or returned in proportion to contributions made by the affected Members except to the extent otherwise agreed upon by the affected Members.

Section 19. Amendments
This Agreement may notonly be amended except by a written amendment approved by a vote of Board membersMembers as provided in Section 8. The AuthorityPioneer shall provide written notice to all Members of amendments to this Agreement, including the effective date of such amendments, at least 30 days prior to the date upon which the Board votes on such amendments. Anyproposed amendment required to add a new Voting Member shall only be executed by the Voting Members. Anyis being considered by the Board. If the proposed amendment requiredis adopted by the Board, the Authority shall provide prompt written notice to addall Members of the effective date of such amendment along with a new Associate Member shall only be executed by the new Associate Member and the Authoritycopy of the amendment.
383338.1 17
Section 20. Severability
Should any part, term or provision of this Agreement be decided by a court of competent jurisdiction to be illegal or in conflict with any law of the State of California, or otherwise be rendered unenforceable or ineffectual, the validity of the remaining portions of provisions shall not be affected thereby.

Section 21. Entire Agreement
This Agreement contains the entire agreement between the Members and supersedes all prior understanding between them with respect to the subject matter of this Agreement.

There are no promises, terms, conditions or obligations, oral or written, between or among the Members relating to the subject matter of this Agreement that are not fully expressed in this Agreement. This Agreement may not be modified, changed, supplemented or terminated, nor may any obligation under this Agreement be waived, except as provided in Section 19.

Section 22. Counterparts and Effective Date
This Agreement may be executed in counterparts and be as valid and binding as if each Member signed the same copy. A faxed copy of the executed signature page shall be sufficient to cause the terms of this Agreement to become fully operative. The effective date of the Agreement shall be the date the second member has executed the Agreement.

WITNESS THE AGREEMENT HEREOF the date set opposite our respective entities:
383338.1 18
Exhibit A
Voting Members and Associate Members
Section A.1 Voting Members
City of Auburn
City of Colfax
City of Grass Valley
City of Lincoln
City of Nevada City
City of Placerville
City of Rocklin
County of El Dorado
County of Placer
Town of Loomis
Section A.2 Associate Members
City of Folsom
County of Sacramento
Town of Truckee
384030.1 Page 1 of 2
Staff Report – Item 4
To: The Governing Board
From: Donald Eckert Jr., Chief Executive Officer
Item 4: Update on Expansion and Approval of a 30-Day Notice to Amend the Joint Exercise of Powers Agreement
Date: 12/19/2024

RECOMMENDATION
Receive an update on expansion efforts and approve the 30-day notice for a vote of the Board of Directors (“Board”) regarding Amendment No. 7 for Membership to the Joint Exercise of Powers Agreement (“JPA”) for Pioneer Community Energy (“Pioneer”).

EXPANSION COMMITTEE RECOMMENDATION
At the December 11, 2024, Expansion Committee meeting, the Committee received a presentation by staff on the status of expansion efforts including expected launch date, recent communications with new member applicants, and power supply resources. The Committee approved the recommendation to the Board.

BACKGROUND
At the September 19, 2024, Governing Board meeting, the Board received a presentation on the results of the Impact Assessment Study (“IAS”). The IAS concluded the projected power supply markets compared against current rates would support an October 2027 launch for the new members applicants. The Board directed staff to (1) Confirm the potential new members were agreeable to the launch date; (2) Confirm if the power supply resources could support a launch at the same time or would a phase-in approach be required.

ANALYSIS & DISCUSSION
The past seven months have been busy with expansion efforts. Since the September Board meeting, another three potential new members have expressed interest in joining. The following is the list of the potential thirteen (13) new members:

1. City of Chico

2. City of Live Oak

3. City of Orland*

4. City of Orville

5. City of Sonora

6. City of Willows*

7. Yuba City

8. Butte County

9. Glenn County*

10. Nevada County

11. Sutter County

12. Tuolumne County

13. Town of Paradise
*IAS will be completed by mid-January.

There are two issues that need to be addressed at the September Board meeting.

Plf)NEER

COMMUNITY ENERGY
Agenda Item: X Agenda Date: 12/19/2024
384030.1 Page 2 of 2
Issue #1 - With an expected October 2027 launch, are new members still interested? The IAS projected power supply cost compared to current rates and concluded the best launch date is October 2027 which avoids expensive power supply in the summer months.

Staff presented the results of the IAS to potential new members staff and in some instances, governing bodies. The reaction was similar. All were disappointed with the later launch date but understood the financial prudence of the recommendation. All potential new members are still enthused to join Pioneer and remain in the process.

Issue #2 – Does Pioneer have enough powers supply resources to serve the expansion? This expansion is massive and will double our customer accounts and our electrical load to serve. The power supply markets, especially resource adequacy and renewable energy credits, have been impacted by project delays due to supply chain issues, permitting, and interconnections issues.

While the IAS can look at forward price curves to determine the optimal time to launch, it cannot determine if resources will be available at time of launch. To overcome that challenge, staff issued a Request for Offer (“RFO”) for energy, resource adequacy, and renewable energy credits to test the market. The responses to the RFP were strong. Staff is confident the resources will be available, and the pricing will be at or below what is referenced in the IAS.

With these two issues having favorable outcomes, staff recommends moving forward with the expansion process. There is urgency to close the submittal process to the California Public Utilities Commission (“CPUC”) by March to allow staff to act on the responses we received to the RFO and lock in favorable prices. The table below illustrates the schedule:

STRATEGIC PLAN
The report supports the Fiscally Strong & Resilient goal.

FISCAL IMPACT
There is no commitment to expansion with this recommendation, therefore no fiscal impact.

ATTACHMENTS
There are no attachments to the report.

Dec-24 Jan-25 Feb-25 Mar-25 Jun-25 Oct-27
Board approves moving forward with expansion
process and issue 30-day notice to existing members
of intention to amend the JPA to allow new members
=====
New Member Applicants adopt Ordinances and
Resolution with intention to join Pioneer ===== =====
Board adopts Amendment No. 7 to the JPA allowing
new members to join =====
Board approves Addendum No. 3 to the
Implementation Plan and Statement of Intent =====
Staff files intention to expand with the CPUC =====
CPUC responds with decision =====
Staff confirms with new members if still committed
before procuring power =====
New Members begin receiving electricity from Pioneer ===== 4

Staff Report – Item 5
To: The Governing Board
From: Donald Eckert Jr., Chief Executive Officer
Item 5: Adopt Resolution Commending Director Jim Holmes for His Dedicated Service to Pioneer Community Energy
Date: 12/19/2024

RECOMMENDATION
Adopt Resolution commending Director Jim Holmes for his dedication and outstanding service in directing Pioneer Community Energy (“Pioneer”).

BACKGROUND
The Placer County Board of Supervisors appointed Jim Holmes as Director to the Pioneer Governing Board beginning May 2019. Director Holmes also served as Chairperson for the Board of Directors; and as a Member of the Expansion ad hoc Committee.

ANALYSIS & DISCUSSION
Director Holmes has demonstrated outstanding commitment, representation, and leadership for Pioneer and its ratepayers.

STRATEGIC PLAN
The recommendation supports the Local Engagement Priority.

FISCAL IMPACT
There is no fiscal impact with the recommendation.

ATTACHMENTS

1. Resolution commending Director Jim Holmes.

Plf)NEER

COMMUNITY ENERGY
Before the Governing Board of
Pioneer Community Energy
Resolution No.: ____________
The following Resolution was duly passed by the Governing Board of Pioneer Community Energy at a regular meeting held December 19, 2024, by the following vote on roll call:

Ayes:

Noes:

Absent:

Signed and approved by me after its passage.
______________________________
Chair of the Governing Board
Attest:
_______________________
Secretary
WHEREAS, Pioneer Community Energy is a Community Choice Aggregation Program serving the cities of Auburn, Colfax, Grass Valley, Lincoln, Nevada City, Placerville, and Rocklin, the town of Loomis, and unincorporated Placer and El Dorado Counties; and WHEREAS, the Placer County Board of Supervisors appointed Jim Holmes as Director to the Pioneer Community Energy Governing Board beginning May 2019; and WHEREAS, Jim Holmes also served as Chairperson for the Board of Directors; and WHEREAS, Jim Holmes also served on the Expansion ad hoc Committee of Pioneer Community Energy; and
WHEREAS, Jim Holmes has provided outstanding leadership, representation, and guidance for the ratepayers and staff of Pioneer Community Energy.

BE IT RESOLVED, the Governing Board of Pioneer Community Energy, State of California, hereby finds, declares, and resolves as follows:

1. The above recitals are true and correct.

2. The Governing Board hereby commends Jim Holmes for his dedication and outstanding public service in directing Pioneer Community Energy.

3. This Resolution shall take effect immediately upon its adoption.

In the matter of: RESOLUTION IN APPRECIATION

OF DIRECTOR JIM HOLMES FOR OUTSTANDING

SERVICE TO PIONEER COMMUNITY ENERGY

Staff Report – Item IV-B
To: The Governing Board
From: Donald Eckert Jr., Chief Executive Officer
Item IV-B: CEO Report
Date: 12/19/2024

PERSONNEL
An offer has been accepted for the Power Contracts Manager position with an expected start date in January.

We ended the year with nineteen of twenty positions filled.

There is an active recruitment for the Project Development Manager.

CHIEF EXECUTIVE OFFICER AGREEMENTS EXECUTED (NON-POWER SUPPLY) The following agreements have been executed by the Chief Executive Officer, consistent with the authority delegated by the Board:
• Seats and Stations (SAS) quote to order new office furniture in the amount of $4,153.79. • Aiqueous, LLC Amendment No. 1 to Consultant Services Agreement of November 14, 2022, for Customer Relationship Management Platform, increasing the not-to-exceed amount to $45,850.

HOLIDAY OFFICE CLOSURE
A reminder that the Pioneer office will be closed during the week of Christmas through New Years. Our customer service number will still be available through the Calpine call center and staff will be available for issues that require elevation.

FEEDING THE FOOTHILLS
Feeding the Foothills (formerly known as Placer County Food Bank) distributes food to those in need for Placer, El Dorado, and Nevada counties. Pioneer has developed a great relationship with Feeding the Foothills. On December 17th, it will mark the 3rd volunteer event this year with Feeding the Foothills and nearly 100 hours of volunteer time in 2024. Staff always feel good about helping there and Feeding the Foothills staff are wonderful to work with. We are proud of that relationship.

CHIEF EXECUTIVE OFFICER POWER SUPPLY CONTRACTS EXECUTIED The following agreements have been executed by the Chief Executive Officer, consistent with the authority delegated by the Board:

Presentations and Relevant Meetings attended by the Chief Executive Officer

1. Participated in CalCCA Weekly/Monthly Board meetings.

2. Participated in the ribbon cutting event for Yellow Pine project that includes solar + battery

3. Presented to Glenn County Board of Supervisors regarding expansion

4. Participated with staff from South Lake Tahoe regarding expansion Counterparty Name
Execution
Date Type Product Start Date End Date Notional Value
Boston Energy Trading and Marketing 11/7/2024 Sell Resource Adequacy - Flex 1/1/2025 1/31/2025 $21,500 Plf)NEER

COMMUNITY ENERGY
Agenda Item: IV-B Agenda Date: 12/19/2024

ATTACHMENTS

1. Agenda Planning Document

2. Legislative and Regulatory Report

3. Communications Report

4. Programs Report
Agenda Planning Document – Pioneer Community Energy Updated 12-13-2024

BOARD OF

DIRECTORS
DECEMBER 19, 2024

SPECIAL MEETING
2:30 PM
(Post Agenda: December 16)
JANUARY 16, 2025

SPECIAL MEETING
2:30 PM
(Post Agenda: January 10)
FEBRUARY 20, 2025

REGULAR MEETING
3:00 PM
(Post Agenda: February 14)

IN THE FUTURE
General Function I Closed Session (1 item) Closed Session (1 item) Selection of Officers
- 2025 Board Workshop
- CalCCA presentation (Vaughn)
Consent 1a Minutes for Approval-NOV 21, 2024 Minutes for Approval-DEC 19, 2024 Minutes for Approval-JAN 16, 2025 1b Receive Draft Financials: OCT 2024
(Koehn)
Receive Draft Financials: NOV 2024
(Koehn)
Receive Draft Financials: DEC 2024
(Koehn)
1c RES Unclaimed Funds Policy (Koehn)
1d RES approving funding for Leg/Reg
Manager (Koehn)
RES Adopt 2025 Governing Board
Meeting Schedule through JAN 2026
(Eckert)
(MAR) AMI audit (Koehn)
1e RES to establish a Governance
Committee & appoint members
(action-Eckert)
RES amending Resolution 2021-1
executing Long-term PPAs not exceeding

1.5% of Pioneer’s annual procurement
budget as a maximum annual notional
amount, together with a maximum of a
20-year term (action-Kang)
Regular 2 PUBLIC HEARING_RES Rates
(action-Eckert)
Financial Audit Report (discussion-Koehn) P&BAffirm & Appoint Committee Members (action-Eckert)
(JAN/FEB) RES CEO contract Amendment
No. 4 (action)
3 JPA Update and Approve 30-day
Notice for Board Vote re: JPA
Amendment No. 6 (action-Ruderman)
2/20/25 vote GC
LCFS update (discussion-Stassi-Vanacore) guestRES Marketing Contract (action - Stassi-Vanacore)
(MAR/APR) Legislative Platform (Kang)
4 Expansion Update and Approve 30-day
Notice for Board Vote re: JPA
Amendment No. 7 - Membership
(action-Eckert) 2/20/25 vote PEA
ICE Energy (discussion- Stassi-Vanacore)
guest
RES approving Amendment No. 6 to
the Amended & Restated JPA (action-Eckert)
Toolkit program (Stassi-Vanacore)
5 RES Board Member Recognition
(Holmes) (action-Eckert)
RES Amendment to RES 2023-33 Feed-in Tariff (FiT) re: adding Biomass NEM and solar + storage (action-Kang)
RES approving Amendment No. 7 to
the Amended & Restated JPA -
Membership (action-Eckert)
RES Revised NEM Policy
(action-Koehn)
6 Receive an update on biomass
development at Western Placer Waste
Management Authority (discussion- Kang)
RES approving Addendum No. 3 to the
Community Choice Aggregation
Implementation Plan & Statement of
Intent (action-Eckert)
Community Choice Power membership
(Eckert)
7 Mid-Year Budget (Koehn)
General Function II Chief Executive Officer’s Report
REG Reports: Leg/Reg; Communications;
Programs; personnel introduction;
Chief Executive Officer’s Report
REG Reports: Leg/Reg; Communications;
Programs;
QTRLY Updates: Strategic Plan Objectives;
Sponsorship Activity
Chief Executive Officer’s Report
REG Reports: Leg/Reg; Communications;
Programs;
Chief Executive Officer’s Report
-QTRLY Updates requested by the Board
JAN – APR – JULY – OCT
 Strategic Plan Objectives
 Sponsorship Activity
Informational Items
Glossary of Terms
Informational Items
Glossary of Terms
Informational Items
Glossary of Terms
-
n
-
n
Agenda Planning Document – Pioneer Community Energy Updated 12-13-2024

AUDIT/FINANCE COMMITTEE
JANUARY 9, 2025
3:00 PM
in-person & remote locations

IN THE FUTURE
Greg Janda, Chair
Gary Petersen
David Ring
John Hidahl
o Financial Audit

ENERGY PROCUREMENT REVIEW

AD HOC COMMITTEE TO BE SCHEDULED - JANUARY
zoom only

IN THE FUTURE
Greg Janda, Chair
Gary Petersen, Vice Chair
Alice Dowdin Calvillo
John Hidahl
o Review of EPRC Authority in Approval of Long-Term
PPAs
o Approve long-term PPA (2)

EXPANSION

AD HOC COMMITTEE TO BE SCHEDULED
zoom only

IN THE FUTURE
Alice Dowdin Calvillo, Chair
David Yarbrough, Vice Chair
Jim Holmes

COMMUNITY ADVISORY COMMITTEE

TO THE CHIEF EXECUTIVE OFFICER IN THE FUTURE
Meets on the 4th Wednesday
(even-numbered months)

Attachment 2: Legislative and Regulatory Update
Date: 12/19/2024

Legislative Affairs
• In preparation for the 2025 Legislative Session, Pioneer is engaging in early talks within the Legislature, whose primary objective this year is to address the energy affordability crisis as outlined in Governor Newsom’s Executive Order N-5-24. Pioneer will advocate for biomass development by educating legislators on its potential to be an integral tool in facilitating cost effective wildfire mitigation, which has been the main contributor in the sharp rise of utility bills over the last few years.

Pioneer aims to support a legislative proposal that will provide funding for biomass development, through existing sources of funding.
• Pioneer is planning a Lobby Day on February 26, 2025 to introduce our organization to our new constituent representatives including Assemblymembers Heather Hadwick and David Tangipa and Senator Christopher Cabaldon. Pioneer will also meet with our existing delegation members to brief them on our legislative priorities in the 2025 session, and garner support for our policy initiatives. • Pioneer is planning a Legislator Biomass Education Tour at Sierra Pacific Industries in Lincoln, CA on March 7, 2025. Legislators will have the opportunity to tour a biomass facility and learn about the importance of biomass in producing renewable and reliable energy, while maintaining our forest health and protecting our communities from wildfire risk.

Election Results for Current Member Agencies
• As of December 2, 2024, the following legislators who represent Pioneer’s current service territories have been sworn in to the California State Legislature:
o Assembly District 1 – Heather Hadwick
o Assembly District 5 – Joe Patterson
o Senate District 1 – Megan Dahle
o Senate District 4 – Marie Alvarado-Gil
o Senate District 6 – Roger Niello
• As of December 3, 2024, the election results have been certified for the following local representatives in Pioneer’s service territory:
o Auburn – Alice Dowdin Calvillo
o Grass Valley - Janet Arbuckle, Joe Bonomolo, Thomas Ivy o Lincoln - Whitney Eklund
o Rocklin - Ken Broadway, David Bass, Greg Janda
o Placer County- Anthony Demattei
o Loomis - James Cartwright and Jan Clark-Crets
o El Dorado County - Greg Ferraro
Election Results for Future Member Agencies
• As of December 2, 2024, the following legislators who represent Pioneer’s prospective future service territories have been sworn in to the California State Legislature:
o Nevada County (Assembly District 1) – Heather Hadwick o Butte County, Chico, Oroville, Paradise, Sutter County, Live Oak, Yuba City, Glenn County, Willows, Orland (Assembly District 3) – James Gallagher o Tuolumne County, Sonora (Assembly District 8) – David Tangipa o West Sacramento (Senate District 3) - Christopher Cabaldon Plf)NEER

COMMUNITY ENERGY
Attachment 2 Agenda Date: 12/19/2024

Regulatory Proceedings
Below is a summary table of the key issues, followed by further details on activities since our last Board Meeting on a few ongoing priority Pioneer regulatory Proceedings and matters. More updates will follow at future Board meetings as regulatory proceedings and matters evolve.

Proceeding Issue Pioneer Position
R.22-07-005 Order Instituting Rulemaking
(OIR) to advance Demand
Flexibility through electric rates
Limit negative impacts of the
Income Based Graduated Fixed
Charge and educate Pioneer
Board and customers prior to
the rollout.

R.22-10-010 Order Instituting Rulemaking to
Implement AB 843 (2022) –
The Bioenergy Adjusting Tariff
Program
Expeditiously implement AB
843 to allow CCA access to the
BioMAT program for future
subsidies for biomass
procurement
A.20-02-009; A.21-03-008;
A.21-06-001; A.22-05-029;
A.24-05-009
PG&E 2019 Energy Resource
Recovery Account (ERRA)
Compliance Application; PG&E
2020 ERRA Compliance
Application; 2021 ERRA
Compliance Application; 2022
ERRA Compliance Application;
2023 ERRA Compliance
Application; 2023 ERRA
Forecast Application; 2024
ERRA Forecast Application;
2025 ERRA Forecast Application
Reduce the ERRA impact on the
PCIA; increase data
transparency from the IOUs
R.20-08-020 Rulemaking to develop a
successor to existing Net
Energy Metering (NEM) tariffs
and to review and refine
existing NEM tariffs
Mitigate impacts to Pioneer NBT
customers and inform
customers of upcoming changes
to the program
R.21-03-011 Provider of Last Resort (POLR)
Order Instituting Rulemaking
Limit the impacts of changes to
the Financial Security
Requirement (FSR)
R.17-09-020; R.19-11-009;
R.21-10-002
Resource Adequacy (RA)
Reform & Implementation
Tracks
Refine the current RA Program
construct; reduce volatility of
RA prices; increase RA
procurement availability and
grid reliability
R.18-12-005 Utility De-energization, Public
Safety Power Shutoffs (PSPS),
and Enhanced Powerline Safety
Settings (EPSS)
Reduce impacts of PSPS and
EPSS events; increase
coordination and
communications with IOUs to
ensure public safety during de-energization; limit PSPS and EPSS impacts on CCA load
scheduling
Attachment 2 Agenda Date: 12/19/2024

CEC - OIR – 21-OIR-03, 23-
LMS-01
Load Management Standards
(LMS)
Ensure Pioneer Maintains
compliance with CEC mandates
and requirements
AB 843 OIR:
• October 20, 2022- The OIR was opened to examine the implementation of AB 843. • April 28, 2023- Workshop held.
• November 30, 2023- CPUC voted to approve the revised Proposed Decision, which clarified many of the issues raised in the comments of the PD, while retaining the favorable outcome for CCAs. • January 2, 2024- the IOUs submitted their Tier 2 ALs modifying the BioMAT Tariff to incorporate CCAs. • January 29, 2024- 60 days from the Decision- CCAs finalized two provisions with Accion for website work and third-party administrator. In addition, CCAs submitted a revised tariff, a program participation request, power purchase agreement, rate schedule, and balancing statement as part of a Tier II AL to the CPUC. • February 1, 2024- Tier III ALs were submitted by 4 CCAs indicating interest in participating in the BioMAT program (3CE, Pioneer, RCEA, and OCPA).
• February 23, 2024- CalCCA submitted a 15-day extension until March 14 to meet the requirement for the central BioMAT Accion webpage and standard framework for individual CCA webpages within 90 days of the decision due to an issue raised by Accion in the third-party administrator Statement of Work that the CCAs, IOUs, and Accion are attempting to resolve.
• February 25, 2024- RCRC submitted reply comments in support of the Joint CCAs proposal to consider extending the BioMAT program sunset date.
• March 1, 2024- A group of CCAs (Pioneer, RCEA, 3CE, OCPA, MCE, and VCE) submitted comments in the RPS proceeding asking the CPUC to consider expediting consideration of an extension to the BioMAT program beyond 2025.
• March 5, 2024- There is an agreement with Accion as the Third-Party Administrator. The agreement has been reviewed and signed by Pioneer as well as the other 3 CCAs. • On March 13, 2024- CalCCA submitted a second request for extension of time for an additional 15-day extension.
• March 20, 2024- CPUC granted CalCCA’s first request for a 15-day extension of time. • March 21, 2024- There was a meeting with CPUC staff on implementation of AB 843. Brad Hill will be moving over to Natural Resources Agency.
• March 28, 2024- Assembly Member Aguiar-Curry submitted a letter of support to the CPUC for the extension of the BioMAT program. This letter included the support of other legislators: Senator Alvarado-Gil, Senator Dahle, Senator Talamantes Eggman, and Assembly Member Dahle. • March 28, 2024- CalCCA submitted a third request for extension of time for an additional 31-day extension of time (until April 29) for the central BioMAT Accion webpage and standard framework for individual CCA webpages to be completed within 90 day of the effective date of the decision. Work has been delayed pending final agreement from all parties to revisions to the third-party administrator Statement of Work. • April 4, 2024- There was a prehearing conference to address the preliminary scope of issues in the OIR for IRP where the Joint CCAs are asking for an extension of the BioMAT program. During this conference, Scott Blaising represented the Joint CCAs and asked for 1) the CPUC to expedite the extension of the BioMAT program and 2) broadly review the program.
• May 1, 2024- CPUC approved the joint CCAs Tier 2 Advice Letter which approved the BioMAT standard program documentation which included the tariff, the pro-forma power purchase agreement, program participation request forms, BioMAT program website and portal development contracts, independent third-party contracts, initial balancing account statements, and non-bypassable charge rate scheduled. • Pioneer has completed the implementation of the BioMAT program. The website and all necessary documents for BioMAT are live.
• June 20, 2024- CPUC issued a Draft Resolution to approve participating CCAs’ forecast revenue requirements, which is $0 for 2024-2026 for all participating CCAs, since no BioMAT projects are forecasted Attachment 2 Agenda Date: 12/19/2024

to COD before then.
• September 1, 2024- CPUC granted the joint CCAs’ extension request for the BioMAT application for prudent contract management, since there are no BioMAT contracts to report on. The new deadline will be 6 months after the first BioMAT contract is executed or September 1, 2025, whichever date comes first.

Demand Flexibility:
• June 30, 2022- AB 205 passed giving the CPUC the authority to approve a pricing structure that incorporates an Income Based Graduated Fixed Electricity Charge (IGFC). • July 14, 2022- The Commission issued an OIR to begin this proceeding to establish demand flexibility policies and modify electric rates to advance the following objectives: 1) enhance the reliability of California’s electric system; 2) make electric bills more affordable and equitable; 3) reduce the curtailment of renewable energy and greenhouse gas emissions associated with meeting the state’s future system load; 4) enable widespread electrification of buildings and transportation to meet the state’s climate goals; 5) reduce long-term system costs through more efficient pricing of electricity; and 6) to enable participation in demand flexibility by both bundled and unbundled customers. • July 31, 2023- Parties submitted Comments on the IGFC Implementation Pathways considering the ALJ Ruling’s questions.
• August 21, 2023- CalCCA submitted Reply Comments to refute parties’ arguments regarding including the PCIA or Competitive Transition Charge (CTC) as fixed costs eligible for inclusion in the IGFC. • October 27, 2023- 22 Democratic lawmakers sent a letter to the CPUC asking for an extension of the timeline for the proceeding and require public participation hearings before implementing an IGFC. • November 3, 2023- Track A (IGFC)- CalCCA filed a reply brief continuing to refute party proposals that the PCIA be included in the IGFC and noting that the parties advocating for inclusion of the PCIA have not addressed the arguments put forth by CalCCA.
• December 15, 2023- Track B (demand flexibility)- The CPUC issued a PD which directs PG&E to expand the Valley Clean Energy Ag-Fit pilot program. CCAs that participate in the expanded pilot may receive $20/kW for each year of customer enrollment in the PGE Ag-Fit pilot as an incentive. The incentive is capped at $1.8 million for PG&E’s territory. The budgets are for all the CCAs wanting to participate to share. PG&E will be administering the pilot so there will be no administrative costs, but several of the CCAs want to have a say in how the pilot is administered and the education and outreach of the pilot. December 18, 2023- Track A (IGFC)- CPUC issued a ruling requesting implementation information from the IOUs on the IGFC. The ruling directs the IOUs to file additional information about the proposed budgets for implementing the first income-graduated fixed charges by January 24, 2024. • January 23, 2024- (Track B) There was a revised PD on the expanded pilots. Pioneer is considering offering the expanded Ag-Fit program to its customers. The pilot will be administered by PG&E so it will involve minimal work on behalf of Pioneer staff, but it will also bolster our Load Management Standards program and keep us competitive with PG&E.
• January 26, 2024- The CPUC approved the expanded pilots revised decision. In D.24-01-032 to Advance Demand Flexibility Through Electric Rates, the CPUC directed PG&E to expand the Valley Clean Energy Ag Real Time Pricing Pilot (VCE AgFIT Pilot). The decision orders PG&E to extend the duration and expand participation of the VCE AgFIT Pilot to agricultural customers throughout PG&E’s service territory. • January 30, 2024- (Track A)- There was a press conference held by a group of 20 Democratic Legislators calling for the repeal of income-graduated fixed charge. AB 1999 would repeal the income-graduated fixed charge approved under AB 205 (2022) and replace it with a $5 fixed charge for CARE customers and a $10 fixed charge for all other residential customers.
• February 13, 2024- Pioneer staff sent PG&E an email indicating interest in possibly participating in the expanded pilot expansion program, particularly the Ag Pilot. • February 13, 2024- at the Senate Utilities, Energy and Communications hearing the IGFC was brought up by CPUC president, Alice Reynolds, who indicated the CPUC was working on an IGFC decision possibly by the end of Q1.
• March 1, 2024- There is an expanded pilot workshop to address dual participation, since some demand flexibility programs are dual enrollment prohibited. Dual Participation is allowed for- Critical Peak Pricing:

Attachment 2 Agenda Date: 12/19/2024

(Peak Day Pricing and SmartRate), Electrification Rates: (E-ELEC), TOU Rates (E-TOU, E-TOU-D), Simple NEM and NBT, and ELRP Subgroup A: (A1-A6). Dual Participation is Prohibited- Supply-Side DR Programs (BIP, CBP, ART, DRAM, non-DRAM DR RA Contracts, DSGS Option 2), Flex Market Pilot, DAHRTP, ELRP Subgroup B: B1-B2, and Other Event-Based Load-Modifying Programs (OBMC, SLRP). • March 25, 2024- PG&E submitted their Tier 2 AL for implementation plans for PG&E’s Expanded Ag Pilot. 5 CCAs have expressed an interest in participating in PG&E’s Ag Pilot in 2024 (Ava, SVCE, VCE, 3CE, and Pioneer). PG&E will launch the pilot in June of 2024. Participants will continue to pay their current bill and will receive the shadow bill, which they will not pay. The shadow bill will illustrate a customer’s potential savings under the dynamic pilot rate. There is also a $20 per unbundled kW per year incentive, subject to a $1.8 million cap for all CCA incentives.
• March 27, 2024- The CPUC issued a proposed decision addressing AB 205 (Income Graduated Fixed Charge) requirements for electric utilities. The earliest this proposed decision could be adopted is May 9, 2024. This decision authorizes all IOUs to shift the recovery of a portion of fixed costs from volumetric rates to a separate, fixed amount on bills without changing the total costs that utilities may recover from customers.

As a result, this decision reduces the volumetric price of electricity (in cents per kilowatt hour) for all residential customers of IOUs. The CPUC did not adopt the IOUs’ proposal and instead the proposal would have Tier 1 (customers enrolled in CARE) pay $5 a month, Tier 2 (customers enrolled in FERA or who live in affordable housing restricted to residents with incomes at or below 80% of Area Median Income) pay $12 a month, and Tier 3 (all other customers) pay $24.15 per month. This new billing structure would apply to all residential rates of the IOUs, except for master-meter rates that are not sub-metered. • May 9, 2024- CPUC approved implementation of the Income Graduated Fixed Charge without any changes to the structure described in the previous bullet.
• June 12, 2024- CalCCA filed reply comments on the Track B Proposal, urging the CPUC to reconsider the process for updating marginal cost values and to clarify a cost recovery structure that ensures CCA customers do not get double-charged for being unbundled.

Net Billing Tariff (NBT):
• December 15, 2022- The CPUC issued a PD that was voted out unanimously. New solar customers that sign up after April 14, 2023, will be placed on NBT. This Proceeding created a successor Program to NEM 2.0 to address some of the identified issues with the existing Program. The objective is to increase equity and eliminate cost shifts onto lower income customers who are subsidizing, to some degree, residential solar owners.
• August 2, 2023- The CPUC issued a Proposed Decision on the remaining issues in the NBT proceeding, including virtual NEM, enhanced consumer protection, and fuel cell participation. • August 8 ,2023- Comments were filed by Joint CCAs: SDCP, PCE, Pioneer, SCP, RCEA, and SJCE. The comments argued that the Proposed Decision, with some adjustments, can improve bill clarity for NEM customers and future NBT customers.
• September 14, 2023- A California appeals court will hear a lawsuit seeking to overturn the CPUC’s rooftop solar decision which would significantly reduce the credits customers receive. • September 16, 2023- There was a letter signed by members of the Legislature on the NEM program for agricultural users.
• October 26, 2023- Joint CCAs have held ex parte meetings with the CPUC, and President Reynolds, who recommended meeting with the Energy Division.
• October 30, 2023- Energy Division released a Proposed Resolution approving the IOUs NBTs, with modifications.
• November 2, 2023- CPUC has delayed their decision implementing Virtual Net Energy Metering (VNEM) and other aspects of NBT until November 16, 2023, at the earliest. • November 16, 2023- CPUC adopted revision 2 of the VNEM Decision. • November 20, 2023- PG&E requested an extension of time to comply with the Residential Net Billing Tariff to August 31, 2024. Pioneer led a coalition of CCAs that submitted a letter to the CPUC in support of the extension request to allow for a more enhanced customer service process. • December 14, 2023- CPUC granted an extension for PG&E until April 15, 2024.

Attachment 2 Agenda Date: 12/19/2024

• December 20, 2023- An appeals court in San Francisco upholds the CPUC decision on the vote to overhaul rooftop solar rules. Protect Our Communities Foundation, Center for Biological Diversity, and the Environmental Working Group filed the lawsuit. This decision could be taken to the Supreme Court. • Week of April 22, 2024- Pioneer will send a postcard to all customers impacted or potentially impacted by the Solar Billing Plan. Themed as “Top 5 Things to Know About the Sollar Billing Plan,” this mailer clarifies information provided in PG&E’s required mailers and will arrive before customers receive bills that reflect changes due to the Solar Billing Plan. Roughly 175 customers in Pioneer’s service area will be immediately affected. The mailer will go to all 723 customers with interconnection applications pending, as well as those who will see billing changes over the next year (about 1,800).

PG&E ERRA Compliance and ERRA Forecast:
• The ERRA Proceedings act as a review of an IOU’s prior year portfolio management and accounting and seeks to identify errors and discrepancies between PG&E’s revenue requirements vis-à-vis collected revenues through the IOUs’ General Rate Case (GRC) which ultimately affects CCA rates through the Power Charge Indifference Adjustment (PCIA).
• May 14, 2023- PG&E’s 2023 – 2024 ERRA Forecast and Testimony was released. • June 1, 2023- NewGen sent over the new rate forecast spreadsheet. The forecast looks good with the PCIA remaining negative over many vintages, but this will change before the October Update. • June 16, 2023- Keyes and Fox filed a Protest to PG&E's Forecast Application. • August 10, 2023- CalCCA filed a Protest to PG&E’s ERRA Trigger Application proposing a rate increase in November to correct and account for under-collections.
• September 6, 2023- CalCCA provided Testimony on the 2024 PG&E ERRA Forecast case and touched upon the fixed generation cost issue.
• October 16, 2023- PG&E’s October Update to its 2024 ERRA Forecast came out. Energy prices have softened relative to PG&E’s original forecast (which would, all else equal, cause PCIA rates to increase), but RA and RPS benchmarks have increased significantly since PG&E's filing (dampening the impact of energy prices).

All told, forecast rates increased relative to the original forecast across the board, but forecast rates remain negative for vintages 2021 and later.
• November 1, 2023- Keyes and Fox submitted comments on PG&E’s ERRA Trigger proposal and comments on PG&E’s October update.
• November 16, 2023- The CPUC unanimously approved the Alternate Proposed Decision and indicated that “the decision balances a myriad of competing interests- affordability, feasibility, safety, and reliability.” PG&E requested $15.4 billion for 2023 and the decision reduced that amount by $1.8 billion to $13.5 billion.

This is an 11% increase from the authorized 2022 revenue requirement. For the typical residential customer, their combined monthly electric and natural gas bill will increase by $32.62 or 12.8%, compared to PG&E’s request of $38.73 or 17.9% increase.
• November 30, 2023- The PD for the PG&E ERRA Forecast came out. There were a couple of disputed issues including whether to amortize the 2023 trigger balance over 6 months or 12. CalCCA was asking for 12 and PG&E was asking for 6 months. The CPUC adopted PG&E’s recommendation. The second issue was whether PG&E should apply a first-in-first-out methodology to the use of excess prior year RECs or a last-in-first-out methodology. The CPUC ruled with PG&E on a last-in-first-out methodology. • December 12, 2023- A revision to the proposed decision came out and CalCCA won its argument on first-in-first-out, meaning the CPUC is requiring PG&E to use a first-in-first-out methodology for RECs banked in or after 2019.
• December 29, 2023- PG&E submitted their Annual True-Up to change PG&E’s electric rates on January 1, 2024.
• March 21, 2024- There was a Preliminary Issue Review with Keyes and Fox. 2021 ERRA proceeding is still open but coming to an end, 2022 is still busy and 2023 is just starting up. Some of the big issues to watch include PG&E’s RA Sales and Accounting; DWR reimbursement to PG&E; and Retained, Sold and Unsold RPS. • June 12, 2024- The Assigned Commissioner issued the Scope Ruling in PG&E’s 2023 ERRA Compliance proceeding. The ruling does not adopt CalCCA’s recommendation to expressly clarify that the Attachment 2 Agenda Date: 12/19/2024

reasonableness of PG&E’s record year RA activities and sales is within the scope of this proceeding. It excludes the RA scoping issue out of this proceeding altogether, possibly in hopes the issue will be settled in PG&E’s 2022 ERRA Compliance proceeding. The Scope Ruling also lays out the procedural schedule. NewGen and Keyes & Fox will continue to work on discovery and reconvene with CalCCA before Intervenor testimony is due in September.
• June 17, 2024- CalCCA filed a protest to PG&E’s 2025 ERRA Forecast application. In this proceeding, the 2025 levels for the PCIA will be established. Due to forecasted low brown energy prices and high RA prices, the PCIA is expected to decrease, which will result in increased generation rates for PG&E’s bundled customers. PG&E’s 2025 ERRA Forecast application proposes a new ratemaking method to ensure reasonable rates for bundled ratepayers, by freezing the RA market price benchmark (MPB) at its 2024 forecast level, rather than using the 2025 forecast or the 2024 actual RA MPBs. CalCCA responded, urging the Commission against considering these broad policy questions, which fall outside the scope of the ERRA Forecast proceeding. CalCCA also argues that implementing an RA value cap would inappropriately inflate PCIA rates, shifting costs to unbundled customers, in violation of the PCIA ratemaking framework that has been established.
• July 25, 2024- The CPUC issued an ALJ ruling in PG&E’s 2022 ERRA Compliance proceeding, re-opening discovery to examine potential RA withholding actions taken by PG&E. • August 1, 2024- Assigned Commissioner issued a Scoping Memo and Ruling in PG&E’s 2025 ERRA Forecast application, supporting CalCCA’s protest that this proceeding is not the correct venue to address the RA MPB issue.
• September 3, 2024- CalCCA filed a direct testimony, prepared by Brian Dickman, in PG&E’s 2025 ERRA Forecast proceeding on behalf of CCAs. The testimony urges the CPUC to reject PG&E’s proposed change to its common cost allocation method and its proposal to create a new category of RPS-eligible resources outside of the previously recognized context of the PCIA calculation. The testimony also calls upon PG&E to make corrections to their calculation of “negative retained system RA” and “amount included as the amortization of the gain on the sale of its San Francisco General Office headquarters”. • October 4, 2024- CalCCA filed an opening brief, prepared by Keyes and Fox, in PG&E’s 2022 ERRA Compliance proceeding regarding the issue of PG&E withholding excess RA. CalCCA urged the Commission to revisit PG&E’s Bundled Procurement Plan in the IRP proceeding to ensure PG&E is making its excess RA available to the market in a timely and comprehensive manner, which is critical due to current RA market shortages. The brief incorporated the new discovery responses received from PG&E, once the ALJ re-opened the discovery window for CalCCA in July 2024.
• October 4, 2024- Energy Division released the 2024 Final MPBs and 2025 Forecast MPBs that are used to calculate the PCIA in PG&E’s 2025 ERRA Forecast proceeding. They have since issued corrections to the MPBs several times.
• October 8, 2024- In the PG&E 2025 ERRA Forecast proceeding, the ALJ issued an email ruling asking for comments regarding the impact of the recently released MPBs. The questions posed ask parties whether they expect the released MPBs to have a significant impact on the issues within the scope of the proceeding, and to offer any procedural options to address these impacts. • October 14, 2024- PG&E and CalCCA replied to the ALJ ruling asking for party comments relating to the impact of the released MPBs. PG&E stated the released RA MPBs will result in a $500 million increase to the bundled customer generate revenue requirement, while departed load customers would see a net reduction of $500 million through their PCIA. Furthermore, the released RPS MPB would increase the bundled service customer generation revenue requirement by an additional $250 million, with a corresponding reduction to departed load customers. For these reasons, PG&E asks the Commission to delay the procedural timeline and consider various mitigation methods such as producing additional rate-setting scenarios and establishing a tracking account to remediate any potential cost shifts while further investigating this issue.

CalCCA stated in their replies that the RA MPB is operating as the Commission intended, therefore, no modifications to the ratemaking process in this proceeding are warranted. CalCCA reiterated that proposals to modify the PCIA revenue requirement calculation methodology are outside the scope of this proceeding and should not be considered in response to the ALJ ruling.

Attachment 2 Agenda Date: 12/19/2024

• October 23, 2024- PG&E filed their Fall Update, in which they argue the recently released MPBs were wrongly calculated and inflated. Considering how the high price of the RA MPB does not appropriately incentivize procurement compliance, PG&E urges the Commission to consider mitigation measures. They present various mitigation proposals which involve freezing the RA and/ or RPS MPBs to 2024 forecast levels and tracking the differences in a balancing account.
• October 31, 2024- CalCCA filed a motion to strike PG&E’s MPB discussion and mitigation proposals from the record, as they were already deemed out of scope for this proceeding in a previous ALJ ruling. CalCCA also filed a reply brief which reiterates that the Commission should not consider MPB mitigation measures in this proceeding, and argues that the “gross revenue requirement” methodology equitably allocates common costs to customers.
• November 15, 2024- CalCCA held an ex parte and met with Maria Sotero from Commissioner Reynold’s office to discuss the MPB issues and better understand what strategies the CPUC wants to pursue in this case. The CPUC expressed understanding of CalCCA’s recommendation to maintain consistent usage of the MPB methodology in PG&E’s 2025 ERRA Forecast proceeding, but did indicate a desire to open a new rulemaking to consider changes to the MPB methodology.
• November 15, 2024- PG&E submitted their Annual Electric True-Up to change PG&E’s electric rates on January 1, 2025.
• November 25, 2024- The CPUC issued a PD for the PG&E 2025 ERRA Forecast proceeding which maintained that PG&E’s RA mitigation proposal is out of scope, securing CalCCA’s win in preventing $1B in costs to the PCIA. PG&E was ordered to use the 2024 MPBs that ED released. However, the PD states that the CPUC may open a new rulemaking to consider modifications to MPB methodology, with possible retroactive rate collections in PG&E’s 2025 Annual Electric True-Up. Furthermore, the PD adopts PG&E’s common cost allocation proposal, but sides with CalCCA that the change should be applied prospectively in 2025 and forward, not to 2024 costs.
• December 2, 2024- CalCCA filed opening comments to the PD in PG&E’s 2025 ERRA Forecast proceeding, emphasizing the importance of providing adequate timelines and discovery rights for non-IOU parties in any future proceeding that will deal with modifications to the RA MPB methodology. Considering recent changes in the RA market including System RA scarcity and sharp price increases in short-term RA, CalCCA does not oppose revisiting the RA MPB methodology, but urges the Commission to consider a more comprehensive evaluation of the methodology. CalCCA’s comments also push back on the CPUC’s adoption of PG&E’s common cost allocation methodology and urges the CPUC to instead adopt CalCCA’s proposal based on gross revenue requirements.

Resource Adequacy:
• May 25, 2023- The CPUC issued a PD barring non-compliant LSEs from expansion for two calendar years following a system RA deficiency.
• June 14, 2023- CalCCA filed Opening Comments recommending the CPUC fully reject the PD’s restrictions on LSE expansion due to RA deficiencies and modify the RA deficiency penalty. • June 19, 2023- CalCCA filed reply comments on June 19, 2023. • June 27, 2023- a Redlined PD was issued. The revisions included: adopting a one percent minimum threshold for RA deficiencies that would limit CCA expansions; clarifying that if an LSE “cures” its year-ahead RA deficiency in the month-ahead timeframe, the year-ahead deficiency will not be applied to the expansion requirement.
• June 29, 2023- The PD was adopted by the Commission.
• July 26, 2023- CalCCA and CCCE filed two Applications for Rehearing (AfR) of the decision to limit CCA expansion for two years due to uncured RA deficiencies. CalCCA’s PfR cited a lack of CPUC statutory authority to limit CCA expansion, and that it gives itself new unauthorized powers to needlessly discriminate against CCAs to prevent their growth; it also asserted, that without credible evidence, the CPUC determined that addition of new CCA load would be detrimental to grid reliability, and that the decision violates the CPUC’s legal requirement to apply RA enforcement measures in a nondiscriminatory manner, not just to CCAs.

Attachment 2 Agenda Date: 12/19/2024

• October 5, 2023- CalCCA filed a Petition for Writ of Review of Resolution E-5258 and D.23-08-052 over the decision with the First Appellate District.
• On September 19, 2023, PG&E and SCE submitted their annual CPE reports. PG&E is short RA for all months - up to 4,400 MW.
• October 12, 2023- The Commission opened the new RA proceeding through its Order Instituting Rulemaking (OIR). The OIR proposes the scope, schedule, and administration of this next RA proceeding. • November 9, 2023- CalCCA submitted comments recommending additional scoping items for the RA proceeding, including additional refinements to the RA program for the local RA CPE, compliance and penalty structure, SOD transactability, and RA import rules.
• December 14, 2023- CPUC denied CalCCA’s request for a rehearing of the decision on RA procurement obligations and the prohibition against CCA expansion for failure to comply. • January 17, 2024- Petition for Writ of Review prohibition of CCA expansion filed. Shell also filed a petition for somewhat different reasons. CPUC is seeking to consolidate since there are two filings. CalCCA did not oppose the motion.
• January 19, 2024- Proposals due in the RA proceeding for Track 1, addressing time-sensitive issues that must be resolved for the 2025 RA compliance year. CalCCA has identified 3 major problems that the RA proposals should address: RA market scarcity, the potential exercise of market power, and removing the economic incentives not to comply. CalCCA is seeking to remove the prohibition from CCA expansion in the event of noncompliance and add the ability for the CPUC to waive penalties if CCAs can show reasonable efforts to comply were unsuccessful. The RA proposal approved by CalCCA’s Board included a temporary waiver proposal for system and flexible RA from 2025 to 2027. Partial waivers would waive the penalty points and non-fiscal consequences, and a full waiver would also be available that would waive financial penalties as well under certain circumstances. A slice of day waiver would also be available. • February 14, 2024- There was Proposal Workshop to discuss the various proposals. Since not everyone was able to make a presentation, there was a second workshop on February 28 where CalCCA presented its proposal.
• February 23, 2024- There was a SOD proposal workshop. CalCCA is asking for a delay in SOD implementation from 2025 until 2026 because the showing and compliance tools are not working properly. • March 22, 2024- CalCCA submitted comments on the RA Program with regards to considering RA reforms and refinements and establishing forward RA procurement obligations. CalCCA believes the focus should be to adopt proposals that protect customers against excessive RA costs and increase RA capacity availability. • March 22, 2024- The CPUC issued a response to CalCCA’s Writ Petition #2 and denied that a writ should be issued. Comments are due May 16.
• June 6, 2024- CalCCA filed comments on the CPUC’s RA Track 1 Proposed Decision (PD), regarding key issues with SOD implementation. CalCCA emphasized how customer affordability will be put at risk due to the hourly transactability issue, and the CPUC’s refusal to delay SOD implementation or offer system RA waivers. The comments also included a host of other issues including the CPUC’s insistence on using a higher than necessary planning reserve margin (PRM), exclusion of existing resources in cure period extensions, restrictions on the amount of RA imports allowed, and concerns about the resource counting methodology.
• June 14, 2024- CalCCA filed comments on the Assigned Commissioner’s Scoping Memo and Ruling on Track 2, proposing an adjustment of the central procurement entity (CPE) timeline. Currently, the Commission authorizes the CPE to procure local RA until 2 months before LSEs must submit their year-ahead RA showings. This leaves LSEs with limited time to fill their shortages in response to CPE allocation. CalCCA’s proposal urges the Commission to require the CPE provide their LSEs with their local RA allocations at least 1 year prior to their year-ahead RA filings.
• June 20, 2024- The CPUC issued a decision to adopt local capacity requirements for 2025-2027, flexible capacity requirements for 2025, and refinements to the RA program as scoped in Track 1. The Commission maintains that the 2025 RA compliance year will be the first year for the new SOD framework, but remains open to considering hourly transactability after implementation, should any issues arise. • August 23, 2024- CalCCA filed reply comments on the ALJ ruling modifying the Track 2 schedule, expressing Attachment 2 Agenda Date: 12/19/2024

concerns about the upcoming loss of load expectation (LOLE) study and how it will be used to set the PRM for SOD implementation, and the proposed changes to the CPE framework and timeline. • August 30, 2024- Energy Division (ED) published the revised version of their RA LOLE study, which the CPUC will use to calibrate the PRM for the 2026 SOD implementation. Based on the LOLE study, ED staff recommended the CPUC adopt a 26.5% PRM during the months of January to May and a 23.5% PRM during the months of June through December, to maintain the target reliability level of 1 day in 10 years (0.1 LOLE). This recommended PRM is much higher than the originally set 17% PRM in the 2025 SOD implementation framework.
• September 9, 2024- CalCCA filed comments on the published RA LOLE study, urging the Commission to conduct further analysis before adopting the recommended PRM of 26.5% PRM during the months of January to May and a 23.5% PRM during the months of June through December. CalCCA cited concerns with potential study methodology flaws and significant impacts to ratepayer affordability associated with the recommended PRM.
• September 19, 2024- PG&E released their 2024 Central Procurement Entity Annual Compliance report. The report shows they are short in their centralized procurement of RA for 3 years forward. • October 29, 2024- The CPUC issued a proposed decision (PD) for RA Track 2, which deals with the PRM and CPE framework. Regarding the proposed PRM, the Commission agreed additional vetting and further analysis is needed, authorizing ED to undertake a further revision of the 2026 PRM analysis which will be considered in Track 3 of the proceeding. As for the CPE framework, the Commission successfully adopted CalCCA’s proposal to lock in CPE allocations one year earlier, giving LSEs more time to self-procure, along with various other revisions.
• November 18, 2024- CalCCA filed comments on the RA Track 2 PD, recommending that the CPUC recognize the significant impact that changes to the PRM can have on reliability and affordability, and allow for earlier adoption of the 2026 PRM if thorough analysis is completed by all relevant stakeholders in advance of the Track 3 timeline. CalCCA also urged the CPUC to adopt revisions to the CPE framework as outlined in the PD, with an opportunity to review their effectiveness at the end of 2027.

Utility Deenergization, PSPS, and EPSS:
• July 12, 2022-Pioneer, along with Joint CCAs, Joint Local Governments, and Rural County Representatives of California (RCRC), filed a motion with the CPUC on July 12, 2022, to consider EPSS issues in the Deenergization or its own Proceeding. The arguments in the motion seek to treat EPSS events with the same regulations and oversight as Public Safety Power Shutoff (PSPS) events. • September 21, 2023- The CPUC approved a PSPS citation program for violations of the established PSPS guidelines.
• August 30-31, 2023- PG&E provided a post PSPS report. A total of 3,928 customers were deenergized. • October 10, 2023- The Joint CCAs, RCRC, and Joint Local Governments had a meeting with the Public Advocates Office to see if there is agreement on the need to further do more with regards to Fast Trips. The Public Advocates Office indicated that the CPUC and Office of Energy Infrastructure Safety are not inclined to act to regulate Fast Trips and that more data is needed. The Public Advocates Office is looking to submit a report in the beginning of 2024.
• January 16, 2024- The data for December’s Fast Trips and YTD data came out. These are the following circuits in Pioneer’s territory with 8 or more outages in 2023:
o Placerville 2106 (EDH)- 19
o Apple Hill 2102 (EDH)- 18
o Shingle Springs 2109 (EDH)- 11
o Mountain Quarries 2101 (EDH)- 11
o El Dorado PH 2101 (EDH)- 11
o Clarksville 2104 (EDH)- 9
o Apple Hill 2104 (EDH)- 9
o Lincoln 1101 (Placer)- 8
o Penryn 1103 (Placer)- 8
o Penryn 1107 (Placer)- 8
Attachment 2 Agenda Date: 12/19/2024

o Brunswick 1105 (Nevada)- 17
o Brunswick 1106 (Nevada)- 15
• January 29, 2024- A data request was made by joint CCAs (including Pioneer) using the circuits listed above to PG&E requesting the number of customers served by each circuit, the number of life support customers, the number of medical baseline customers, and the number of critical facilities served by each circuit. • March 8, 2024- Part of the information we were seeking regarding the data request came back. Pioneer staff will be reviewing this information.
• August 23, 2024- PG&E completed our data request made in January, except for information regarding hardening projects on the circuit including their pole numbers, project location and timeline, and type of hardening work to be completed, on the grounds these questions are out of scope and are unduly burdensome. Pioneer staff will be reviewing the rest of the data request provided.

Provider of Last Resort (POLR):
• October 2, 2019- SB 520 passed requiring the establishment of a Provider of Last Resort (POLR). As part of the proceeding to implement SB 520, the CPUC is seeking to establish new policies to plan for and prevent catastrophic failures in the event of an unplanned return en masse of CCA customers to IOU service.

Additionally, the CPUC will review and update existing procedures and policies for Financial Security Requirements (FSR), reentry fees, and LSE deregistration process and compliance requirements. • July 31, 2023- CalCCA's Reply Briefs were submitted and address PG&E’s proposal to modify the FSR to reflect two months of forecast energy costs, other parties’ recommendations on elements of the existing FSR calculation, mandatory contract assignments, financial monitoring, and the duration of POLR service. • March 14, 2024- the CPUC came out with a proposed decision. April 18 is the first opportunity the CPUC could adopt the decision. The proposed decision has a mix of favorable and unfavorable decisions. For example, it rejected PG&E’s proposal to require FSR postings to reflect 2 months of POLR service, it maintains the ability to use service bonds, and it keeps confidential the information about LSEs that trigger financial monitoring. However, the proposed decision also approved using PG&E’s Administrative Fee ($4.24) without sufficient evidence of the costs, the CPUC should clarify that November 2024 FSR Calculation would be the earliest possible calculation under the new rules, and the CPUC should clarify the timing of the second tier of reporting requirements so CCAs know when to evaluate their metrics. The biggest issue the proposed decision addressed was updating the FSR requirements. The minimum remains $147,000, but now CCAs must use the IOU’s Administrative and multiply that figure by the number of accounts the CCA has.

The higher of that amount or the $147,000 will be the new FSR. For CCAs that are in PG&E’s territory the administrative fee is $4.24 per customer, while the other IOUs’ administrative fees are significantly less (around $.50 per customer). If the final decision requires CCAs within PG&E’s service territory to use PG&E’s administrative fee, all CCAs within PG&E’s service territory will likely be paying an FSR well over the $147,000 minimum.
• April 23, 2024- CPUC adopted a revised POLR Decision inclusive of several of CalCCA’s requests.

Specifically:
o Reducing RA costs in the FSR by accounting for returning CPE RA allocations, in addition to the CAM and DR RA allocations.
o Nets PCIA in the FSR whether the PCIA is positive or negative. o Affirms current timing for calculating FSRs.
o Provides CCAs with an additional 60 days to file first FSR following IOU tariffs implementing this decision.
o Requires CCAs to file the Tier 1 audited financial report to Energy Division once a year, in January or July, whichever comes earlier relative to the availability of the audited financial statement.
o Allows 90 days for CCAs to submit joint advice letter on new CCA registration process • July 12, 2024- CalCCA, on behalf of Pioneer, filed a Tier 2 AL to formalize the Financial Monitoring and Reporting Guidance document. The CPUC requires financial reporting to be done on a 2-tier system. Tier 1 requires every CCA to submit an annual audited financial report. Tier 2 requires CCAs to submit additional financial reporting, if certain trigger events such as a change in credit rating occur. This document clarifies the process and procedures CCAs must follow to comply with Tier 2 financial reporting conditions.

Attachment 2 Agenda Date: 12/19/2024

o July 22, 2024- The joint IOUs filed a protest to the joint CCAs’ AL on Financial Monitoring and Reporting Guidance, insisting CCAs’ use “lines of credit” instead of “letters of credit” as the primary financial instrument to demonstrate days of liquidity of hand (DLOH). The IOUs also insisted CCAs report financial triggers 10 days after they occur, instead of the proposed 60 days.
o September 6, 2024- CalCCA met with Energy Division to express that CCAs agree to comply with the joint IOUs’ request to use “lines of credit” to calculate DLOH. On the issue of minimum days required to report financial trigger events, CCAs insist on keeping 60 days, as this is the minimum amount of time required to prepare accurate financial statements due to complex billing and accounting systems.
• July 17, 2024- CalCCA, on behalf of Pioneer, filed a Tier 2 AL to clarify requirements for the new CCA registration process and implementation plan. These requirements include (1) submission of a feasibility study and pro forma financial statement with the Implementation Plan, (2) establishment of annual assumptions to be included in the pro forma financial statement, (3) establishment of milestones for critical implementation action and review progress, and (4) submission of an updated proforma financial statement six months prior to launch. The AL served to provide additional examples for annual assumptions and critical milestones.
o August 6, 2024- PG&E filed a protest to the joint CCAs’ AL on additional implementation plan requirements, citing the proposal would limit the CPUC’s ability to assess whether enhancements to the implementation plan would result in cost shifts to bundled customers. o August 13, 2024- CalCCA filed a reply to PG&E’s protest on the additional implementation plan requirements, citing the additional requirements proposed are correctly slotted under the umbrella of CPUC authority to certify implementation plans and determine a cost-recovery mechanism for CCA customers that prevents cost shifts to bundled customers. • August 6, 2024- An ALJ Ruling was issued to define the scoping issues in Phase 2 of the POLR proceeding, which will be primarily concerned with clarifying requirements for an application for a non-IOU LSE to become the POLR.
• August 23, 2024- The prehearing conference for Phase 2 was held, in which CalCCA filed a statement agreeing with the current set of questions proposed in the Phase 2 scope. In its statement, CalCCA also urged the CPUC to reject PG&E’s request to scope in issues regarding the liquidity needs of the POLR and analysis of seasonal RA pricing.
• October 24, 2024- The CPUC issued a scoping ruling for Phase 2 of the POLR proceeding which sets two primary topic areas. The first is establishing the regulatory framework for non-IOU POLRs and the second is the development of the joint application for a non-IOU LSE to serve as POLR. • November 12, 2024- The IOUs filed their ALs for the bi-annual FSR updates. CalCCA compiled the IOU ALs and confirmed they all made their FSR calculations consistent with the current authorization. Given that the IOU ALs implementing Phase 1 are still pending resolution, the FSR updates use the methodology in place without the Phase 1 Decision modifications. Due to the hold on the ALs, all CCAs will be obliged to post the minimum FSR of $147,000 come January 1, 2025.
• November 26, 2024- The CalCCA Regulatory Committee voted in favor of CalCCA engaging in Phase 2 of the POLR proceeding on behalf of its members, to ensure CCAs have a voice in the discussion for how a non-IOU POLR will be established and regulated. CalCCA will present the results of the Regulatory Committee’s vote to the Executive Committee on December 3, 2024, and to the CalCCA Board on December 12, 2024.

CEC Load Management Standards (LMS):
• October 12, 2022- The CEC adopted the Load Management Standards regulation which requires the development of a statewide standard tool for authorized rate data access by third parties that is compatible with each IOU, large POUs, and large CCAs with the idea that electricity customers or their authorized third-party agents can look at rates that the customer is eligible to switch and allow the customer to change the customer’s current rate to rates they are eligible for. • June 8, 2023- CEC staff provided a schedule of the key LMS adoption and compliance dates. • August 1, 2023- Pioneer, through Calpine, uploaded its rates and will continue to work with Calpine on Attachment 2 Agenda Date: 12/19/2024

uploading all time dependent rates to meet deadlines.
• January 17, 2024- Workshop on implementation of LMS. Comments on the workshop are due on January

31. • March 21, 2024- Pioneer’s LMS plan presented to the Pioneer’s Board for approval. • March 26, 2024- Pioneer submitted the Board-approved LMS plan. • April 1, 2024- All large CCAs are required to file their plan for compliance with LMS regulations. • April 16, 2024- CEC held a scoping meeting to discuss development of the statewide rate access tool.

Discussions on how the tool will be funded are ongoing. • May 31, 2024- CPUC granted PG&E’s request to delay commencement of enrollment in its dynamic rates pilots from June 1, 2024 to November 1, 2024.
• July 15, 2024- The CEC requires LSEs to jointly develop and submit a Single Statewide Tool (SST) for their review by October 1, 2024. The joint IOUs, led by SDG&E, released a 50-page draft of a proposed model for the SST, and will host weekly workshops to receive input from CCAs and POUs. • September 4, 2024- Pioneer met with CEC staff to receive feedback on our LMS Compliance Plan and discuss the development of our LMS programs.
• October 1, 2024- In compliance with LMS regulation requirements, Pioneer filed the Single Statewide Tool concept design, terms and conditions, and pleading document, jointly with the IOUs, Large CCAs, and POUs.

In addition, Pioneer submitted our individual LMS Load Flexibility Programs List to the CEC. 1 Attachment 3 Communications and Outreach Updates
Date: 12/19/2024
NOTABLE ACHIEVEMENTS – NOVEMBER 2024:
• Customer satisfaction ratings are strong, with 95.7% of customers taking the post-call survey reporting that their questions were answered, and 97.1% reporting they were satisfied with the service received.
• Social media engagement during the month of November on all channels far surpassed our previous average and has remained steady.
• The November 18 tour of El Dorado Irrigation District enabled our team to engage with a key partner and customer and led social engagement on Facebook, Instagram and LinkedIn.

SOCIAL MEDIA FOLLOWING AND ENGAGEMENT INCREASES
Engagement across all channels far surpassed Pioneer’s average to date and remained steady throughout the month. Social media posts featured Board and staff members, resulting in increased following and engagements. The consistent theme of excellence in leadership and community engagement drove increased interest.

Key engagements include:
• LinkedIn generated more than 2,000 impressions with 66 reactions across all November posts; almost 1,000 of those impressions came just from EID tour post. • There was consistent engagement from Colfax and Lincoln Chambers of Commerce. • Engagement from other CCAs and CCA staff increased:
o OCPA engaged with Pioneer more than other CCAs.
o Peninsula Clean Energy was a new engagement this month. o CalCCA now steadily provides engagement.
o Staff from Silicon Valley Clean Energy are now following Pioneer. • Two Community Advisory Committee members are now following Pioneer • Clarke and Rush HVAC followed us on Instagram, creating a positive starting point for our 2025 HVAC program relaunch
November’s most popular posts:

Yellow Pine II Ribbon cutting EID Tour Board Chair participation in PBA DC Summit
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COMMUNITY ENERGY
2 CUSTOMER INTERACTION
Both calls and chatbot interactions decreased significantly, likely due to a pause in paid ads, no identifiable customer issues, and the Thanksgiving holiday. • Call Volume: November call volume decreased by 57%, with 232 total calls lasting an average of 9:54 minutes, and strong customer satisfaction ratings from those who took the post-call survey.
• Chatbot: Live chat conversations decreased by 73% in November, with 14 total conversations, and an average satisfaction rating of 4.3/5. • Webinars: Pioneer held two webinars in November (“How to Read Your Bill” and “How to Read Your NEM Bill”) to offer updated, relevant information. Webinars have been posted on the website for customer reference.

WEBSITE
Traffic was noticeably lighter, also likely because of a pause in paid media and no email marketing pushes. We have been working to comb through the newly organized website to ensure continuity and troubleshoot. Top five pages visited were: Grid Gen, Home Page, Career Opportunities, Residential Rates, and About Us.

Web traffic visits came primarily through paid and organic search (traffic that comes through a search or other browser), as well as direct acquisition (visitors who arrive at a website by directly typing the URL). Traffic spikes coincided with social media posts that earned strong engagement, such as the EID tour.

OUTREACH AND ENGAGEMENT:

Pioneer continues to strengthen its efforts and heighten visibility in our existing service area, as well as focus on providing information to prospective new members.

Community Outreach
• Auburn Senior Center Field Day
• Rocklin Chamber of Commerce GRC meeting
• Loomis Chamber of Commerce GRC meeting
• PG&E Virtual North Valley and Sierra Town Hall
• Rocklin Chamber of Commerce monthly morning meeting
• Lincoln Chamber of Commerce Field Day
• El Dorado Irrigation District Tour
• Sunrise with the Rocklin Chamber of Commerce
• Developed and posted student internship opportunity with Sierra College and Jessup University (t) ~:~ommunity foergy
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Expansion
• Introductory meeting with Glenn County, Orland and Willows staff • Meeting with City of Willows staff regarding Pioneer Impact Assessment Study • Presentations to Glenn County Board of Supervisors, Orland City Council, Willows City Council Impact Assessment Study Findings Review Meetings:
• Nevada County Board of Supervisors
• Town of Paradise
• Tuolumne County

PAID MEDIA
Paid media is paused during the busy election and holiday advertising cycles.

Attachment 4 Program Updates
Date: 12/19/2024

2024 Program Summary
As a reminder, Pioneer began 2024 with zero programs and will close out 2024 with five successful programs launched:
• HVAC Tune-Up (rebates for AC tune-up)
o The HVAC rebate program saw nearly 1,000 participants in its first year and generated the support of area contractors and and appreciative feedback from Pioneer customers. o The tune-up program will relaunch April 1, 2025.
• GridGen (solar + storage)
o The GridGen program launch exceeded expectations with 40 customers signing up during the first launch phase. We are ending the year with 75 customers in the pipeline, one customer installed, and 5 more on their way to installations.
• PowerShift Rewards (incentives for energy conservation) o The PowerShift Rewards pilot program had a rapid and successful response once announced and had more than 200 customers enrolled within the first month. The program ends the year with over 400 customers enrolled and an estimated $10,000 in incentives being paid out to customers who participated in the 3 conservation events called. o PowerShift Rewards will relaunch May 1, 2025.
• LED Discount (discounted LEDs at local hardware stores) o The LED Discount program will be expanding into Dollar Trees Stores in the next several weeks, which will expand this program into areas of our territory that the program was unable to reach before. While we will not renew this program in 2025, the program will continue until all available inventory is depleted.
• Online Marketplace (solar and/or battery storage purchasing) o Sixteen (16) leads have been generated through the Electrum Marketplace. o Pioneer is working with Electrum to address improving local contractor participation in the program to increase customer satisfaction and utilization of the marketplace in 2025. • Hourly Plex Pricing Pilot (credits for energy conservation for Ag customers) • Pioneer is participating in the pilot program for PG&E’s Hourly Flex Pricing program. This program is tailored to agricultural customers who can save money by shifting energy use to times when power is more available and less expensive. The program also provides access to automation technology to streamline operations to help customers save even more.

Community Advisory Committee
o The Community Advisory Committee will continue to meet in alternating months in 2025. The next meeting is scheduled for February 2025.
2025 Program Planning
• The 2025 program cycle will include the re-launch and possible expansion of existing programs like GridGen and PowerShift Rewards and the return of the HVAC Tune-Up Rebate program. • 2025 will also include the introduction of new programs that advance Pioneer’s strategic objectives and support our mission.

Plf)NEER

COMMUNITY ENERGY
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Pioneer Community Energy
Glossary of Terms
CAISO - California Independent System Operator - a non-profit independent system operator that oversees the operation of the California bulk electric power system, transmission lines and electricity market generated and transmitted by its members (~80% of California's electric flow). Its stated mission is to "operate the grid reliably and efficiently, provide fair and open transmission access, promote environmental stewardship and facilitate
effective markets and promote infrastructure development. CAISO is regulated by FERC and governed by a five-member governing board appointed by the governor.

CALCCA - California Community Choice Association -Association made up of Community Choice Aggregation {CCA) groups which represents the interests of California's community choice electricity providers.

CARB - California Air Resources Board - The CARB is charged with protecting the public from the harmful effects of air pollution and developing programs and actions to fight climate change in California.

CEC- California Energy Commission
CPUC - California Public Utility Commission
C&I - Commercial and Industrial - Business customers
CP - Compliance Period -Time period to become RPS compliant, set by the CPUC {California Public Utilities Commission)
DA- Direct Access - An option that allows eligible customers to purchase their electricity directly from third party providers known as Electric Service Providers (ESP).

DA Cap- the maximum amount of electric usage that may be allocated to Direct Access customers in California, or more specifically, within an Investor-Owned Utility service territory.

DA Lottery - a random drawing by which DA waitlist customers become eligible to enroll in DA service under the currently-applicable Direct Access Cap.

DA Waitlist - customers that have officially registered their interest in becoming a DA customer but are not yet able to enroll in service because of DA cap limitations.

DAC - Disadvantaged Community
DASR - Direct Access Service Request - Request submitted by C&I to become direct access eligible.

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Demand - The rate at which electric energy is delivered to or by a system or part of a system, generally expressed in kilowatts {kW), megawatts {MW), or gigawatts {GW), at a given instant or averaged over any designated interval of time. Demand should not be confused with Load or Energy.

DER - Distributed Energy Resource -A small-scale physical or virtual asset {e.g., EV charger, smart thermostat, behind-the-meter solar/storage, energy efficiency) that operates locally and is connected to a larger power grid at the distribution level.

Distribution - The delivery of electricity to the retail customer's home or business through low voltage distribution lines.

DLAP- Default Load Aggregation Point- In the CAISO's electricity optimization model, DLAP is the node at which all bids for demand should be submitted and settled. Pioneer settles its CAISO load at the PG&E DLAP as Pioneer is in the PG&E transmission access charge area.

DR - Demand Response - An opportunity for consumers to play a significant role in the operation of the electric grid by reducing or shifting their electricity usage during peak periods in response to time-based rates or other forms of financial incentives.

DWR - Department of Water Resources - DWR manages California's water resources, systems, and infrastructure in a responsible, sustainable way.

ELCC- Effective Load Carrying Capacity -The additional load met by an incremental generator while maintaining the same level of system reliability. For solar and wind resources the ELCC is the amount of capacity which can be counted for Resource Adequacy purposes.

EPIC - Electric Program Investment Charge -The EPIC program was created by the CPUC to support investments in clean energy technologies that provide benefits to the electricity ratepayers of PG&E, San Diego Gas & Electric Company {SDG&E), and Southern California Edison Company {SCE) ERRA - Energy Resource Recovery Account - ERRA proceedings are used to determine fuel and purchased power costs which can be recovered in rates. The utilities do not earn a rate of return on these costs, and only recover actual costs. The costs are forecast for the year ahead. If the actual costs are lower than forecast, then the utility gives money back, and vice versa.

ESP- Energy Service Provider - An energy entity that provides service to a retail or end-use customer.

EV - Electric Vehicle
GHG - Greenhouse gas - water vapor, carbon dioxide, tropospheric ozone, nitrous oxide, methane, and chlorofluorocarbons (CFCs). A gas that causes the atmosphere to trap heat radiating from the earth. The most common GHG is Carbon Dioxide, though Methane and others have this effect as well.

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GRC- General Rate Case - Proceedings used to address the costs of operating and maintaining the utility system and the allocation of those costs among customer classes. For California's three large IOUs, the GRCs are parsed into two phases. Phase I of a GRC determines the total amount the utility is authorized to collect, while Phase II determines the share of the cost each customer class is responsible and the rate schedules for each class. Each large electric utility files a GRC application every three years for review by the Public Advocates Office and interested parties and approval by the CPUC.

GWh - Gigawatt-hour - The unit of energy equal to that expended in one hour at a rate of one billion watts. One GWh equals 1,000 megawatt-hours.

IEP - Independent Energy Producers - California's oldest and leading nonprofit trade association, representing the interest of developers and operators of independent energy facilities and independent power marketers.

IOU - Investor Owned Utility- A private electricity and natural gas provider.

IRP- Integrated Resource Plan -A plan which outlines an electric utility's resource needs in order to meet expected electricity demand long-term.
kW - Kilowatt - Measure of power where power (watts)= voltage (volts) x amperage (amps) and 1 kW= 1000 watts
kWh - Kilowatt-hour - This is a measure of consumption. It is the amount of electricity that is used over some period of time, typically a one-month period for billing purposes. Customers are charged a rate per kWh of electricity used.

LCFS- Low Carbon Fuel Standard -A CARB program designed to encourage the use of cleaner low-carbon fuels in California, encourage the production of those fuels, and therefore, reduce greenhouse gas emissions.

LCR - Local (RA) Capacity Requirements -The amount of Resource Adequacy capacity required to be demonstrated in a specific location or zone.

LMP - Locational Marginal Price - Each generator unit and load pocket is assigned a node in the CAISO optimization model. The model will assign a LMP to the node in both the day- ahead and real time market as it balances the system using the least cost. The LMP is comprised of three components: the marginal cost of energy, congestion, and losses. The LMP is used to financially settle transactions in the CAISO.

Load - An end use device or customer that receives power from an energy delivery system. Load should not be confused with Demand, which is the measure of power that a load receives or requires.

See Demand.

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SE - Load-serving Entity- Entities that have been granted authority by state, local law, or regulation to serve their own load directly through wholesale energy purchases and have chosen to exercise that authority.

NEM - Net Energy Metering -A program in which solar customers receive credit for excess electricity generated by solar panels.

NRDC- Natural Resources Defense Council
OIR - Order Instituting Rulemaking - A procedural document that is issued by the CPUC to start a formal proceeding. A draft OIR is issued for comment by interested parties and made final by vote of the five Commissioners of the CPUC.

MW - Megawatt - measure of power. A megawatt equals 1,000 kilowatts or 1 million watts.

MWH - Megawatt-hour- measure of energy
NP-15 - North Path 15 - NP-15 is a CAISO pricing zone usually used to approximate wholesale electricity prices in northern California in PG&E's service territory.

PCCl - RPS Portfolio Content Category 1- Bundled renewables where the energy and REC are dynamically scheduled into a California Balancing Authority (CBA) such as the CAISO. Also known as "in-state" renewables.

PCC2 - RPS Portfolio Content Category 2 - Bundled renewables where the energy and REC are from out-of-state and not dynamically scheduled to a CBA.

PCC3 - RPS Portfolio Content Category 3 - Unbundled REC PCIA or "exit fee" - Power Charge Indifference Adjustment (PCIA) is an "exit fee" based on stranded costs of utility generation set by the California Public Utilities Commission. It is calculated annually and assessed to customers of CCAs and paid to the IOU that lost those customers as a result of the formation of a CCA.

PCL - Power Content Label - A user-friendly way of displaying information to California consumers about the energy resources used to generate the electricity they sell, as required by AB 162 (Statue of 2009) and Senate Bill 1305 (Statutes of 1997).

PD- Proposed Decision -A procedural document in a CPUC Rulemaking process that is formally commented on by Parties to the proceeding. A PD is a precursor to a final Decision voted on by the five Commissioners of the CPUC.

Pnode - Pricing Node - In the CAISO optimization model, it is a point where a physical injection or withdrawal of energy is modeled and for which a LMP is calculated.

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PPA- Power Purchase Agreement -A contract used to purchase the energy, capacity, and attributes from a renewable resource project.

RA - Resource Adequacy - Under its Resource Adequacy (RA) program, the California Public Utilities Commission (CPUC) requires load-serving entities-both independently owned utilities and electric service providers-to demonstrate in both monthly and annual filings that they have purchased capacity commitments of no less than 115% of their peak loads.

RE - Renewable Energy - Energy from a source that is not depleted when used, such as wind or solar power.

REC - Renewable Energy Certificate - A REC is the property right to the environmental benefits associated with generating renewable electricity. For instance, homeowners who generate solar electricity are credited with 1 solar REC for every MWh of electricity they produce. Utilities obligated to fulfill an RPS requirement can purchase these RECs on the open market.

RPS - Renewable Portfolio Standard - Law that requires CA utilities and other load serving entities (including CCAs) to provide an escalating percentage of CA qualified renewable power (culminating at 33% by 2020) in their annual energy portfolio.

SCE - Southern California Edison
SDG&E - San Diego Gas & Electric
SGIP - Self-Generation Incentive Program - A program which provides incentives to support existing, new, and emerging distributed energy resources (storage, wind turbines, waste heat to power technologies, etc.)
TCR EPS Protocol - The Climate Registry Electric Power Sector Protocol - Online tools and resources provided by The Climate Registry to assist organizations to measure, report, and reduce carbon emissions.

Time-of-Use (TOU) Rates - The pricing of delivered electricity based on the estimated cost of electricity during a particular time-block. Time-of-use rates are usually divided into three or four time-blocks per 24-hour period (on-peak, mid-peak, off-peak and sometimes super off­ peak) and by seasons of the year (summer and winter). Real time pricing differs from TOU rates in that it is based on actual (as opposed to forecasted) prices that may fluctuate many times a day and are weather sensitive, rather than varying with a fixed schedule.

TURN - The Utility Reform Network - A ratepayer advocacy group charged with ensuring that California IOUs implement just and reasonable rates.

Unbundled RECs - Renewable energy certificates that verify a purchase of a MWH unit of renewable power where the actual power and the certificate are "unbundled" and sold to different buyers.

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VPP - Virtual Power Plant - A cloud-based network that leverages an aggregation of distributed energy resources (DERs) to shift energy demand or provide services to the grid. For example, thousands of EV chargers could charge at a slower speed and hundreds of home batteries could discharge to the grid during a demand peak to significantly reduce the procurement of traditional supply resources.