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HomeMy WebLinkAboutBOARD STANDING COMMITTEES - 12122016 - Internal Ops Cte Min            INTERNAL OPERATIONS COMMITTEE December 12, 2016 11:00 A.M. Note Location Change: 651 Pine Street, Room 107, Martinez Supervisor John Gioia, Chair Supervisor Candace Andersen, Vice Chair Agenda Items: Items may be taken out of order based on the business of the day and preference of the Committee              1.Introductions   2.Public comment on any item under the jurisdiction of the Committee and not on this agenda (speakers may be limited to three minutes).   3. RECEIVE and APPROVE the Record of Action for the October 24, 2016 IOC meeting. (Julie DiMaggio Enea, IOC Staff)   4. INTERVIEW candidates for the At Large #3 and #4 seats on the Fish and Wildlife Committee for four-year terms ending on December 31, 2020, and DETERMINE recommendations for Board of Supervisors consideration. (Maureen Parkes, Conservation and Development Department)   5. INTERVIEW candidates for one vacancy on the Contra Costa Resource Conservation District Board of Directors and DETERMINE recommendation for Board of Supervisors consideration. (Julie DiMaggio Enea, County Administrator's Office)   6. INTERVIEW candidates for two At Large seats on the Aviation Advisory Committee and DETERMINE recommendations for Board of Supervisors consideration. (Keith Freitas, Airports Director)   7. CONSIDER recommending the reappointment of incumbent Nolan Armstrong to the Member of the Bar seat on the Contra Costa County Law Library Board of Trustees. (Julie DiMaggio Enea, County Administrator's Office)   8. CONSIDER recommending the reappointment of incumbents Chris Cowen to the At Large #2 seat and Darryl Young to the At Large #3 seat on the Contra Costa Mosquito & Vector Control District Board of Trustees to new four-year terms ending on January 2, 2021. (Julie DiMaggio Enea, County Administrator's Office)   9. REVIEW draft technical study of Community Choice Energy options for possible implementation by the County and participating cities. (Jason Crapo, Conservation and Development Department) 1   10. CONSIDER a draft ordinance to authorize administrative penalties for animal noise violations and to prohibit the harboring of more than four roosters on private property. (Beth Ward, Animal Services Director)   11. REVIEW the Committee's work for 2016 and identify issues to be referred to the 2017 Internal Operations Committee. (Julie DiMaggio Enea, County Administrator's Office)   12.Adjourn   The 2016 Internal Operations Committee has no additional meetings scheduled this year.   The Internal Operations Committee will provide reasonable accommodations for persons with disabilities planning to attend Internal Operations Committee meetings. Contact the staff person listed below at least 72 hours before the meeting. Any disclosable public records related to an open session item on a regular meeting agenda and distributed by the County to a majority of members of the Internal Operations Committee less than 96 hours prior to that meeting are available for public inspection at 651 Pine Street, 10th floor, during normal business hours. Staff reports related to items on the agenda are also accessible on line at www.co.contra-costa.ca.us. Public comment may be submitted via electronic mail on agenda items at least one full work day prior to the published meeting time. For Additional Information Contact: Julie DiMaggio Enea, Committee Staff Phone (925) 335-1077, Fax (925) 646-1353 julie.enea@cao.cccounty.us 2 INTERNAL OPERATIONS COMMITTEE-SPECIAL MEETING 3. Meeting Date:12/12/2016   Subject:RECORD OF ACTION FOR THE OCTOBER 24, 2016 IOC MEETING Submitted For: David Twa, County Administrator  Department:County Administrator Referral No.: N/A   Referral Name: RECORD OF ACTION  Presenter: Julie DiMaggio Enea, IOC Staff Contact: Julie DiMaggio Enea (925) 335-1077 Referral History: County Ordinance requires that each County body keep a record of its meetings. Though the record need not be verbatim, it must accurately reflect the agenda and the decisions made in the meeting. Referral Update: Attached is the Record of Action for the October 24, 2016 IOC meeting. Recommendation(s)/Next Step(s): RECEIVE and APPROVE the Record of Action for the October 24, 2016 IOC meeting. Fiscal Impact (if any): None. Attachments DRAFT Record of Action for 10-24-16 IOC Meeting 3 D R A F T INTERNAL OPERATIONS COMMITTEE RECORD OF ACTION FOR October 24, 2016 11:00 A.M.   Supervisor John Gioia, Chair Supervisor Candace Andersen, Vice Chair   Present: John Gioia, Chair      Candace Andersen, Vice Chair    Staff Present:Julie DiMaggio Enea, Staff  Attendees: Allison Picard, Chief Asst CAO  Jami Napier, Sr Deputy CAO, Clerk of the Board  David Gould, County Purchasing Services Manager  CeCe Selgren                   1.Introductions    Chair Gioia convened the meeting at 11:00 a.m.. Self-introductions were made around the room.   2.Public comment on any item under the jurisdiction of the Committee and not on this agenda (speakers may be limited to three minutes).    No members of the public asked to speak during the Public Comment period.   3.RECEIVE and APPROVE the Record of Action for the September 26, 2016 IOC meeting.       The Record of Action for the September 26, 2016 meeting was approved as presented.    AYE: Chair John Gioia, Vice Chair Candace Andersen  Passed  4.INTERVIEW candidates for the Contra Costa Resource Conservation District Board of Directors, and DETERMINE recommendations for appointment to three seats with terms ending on November 30, 2020.         4  None of the four candidates attended the meeting. Staff advised the Committee that candidates Igor Skaredoff and Tom Brumleve were unable to attend due to prior commitments. CeCe Selgren spoke in favor of reappointing Igor Skaredoff and Tom Brumleve. The Committee decided to recommend their reappointment and directed staff to obtain the attendance records of the candidates, and invite the remaining candidates Bob Case and Jency James to the December 12 IOC meeting for further consideration.    AYE: Chair John Gioia, Vice Chair Candace Andersen  Passed  5.ACCEPT the Small Business Enterprise and Outreach Report covering the period January - December 2015 and CONSIDER staff recommendations on the Small Business Enterprise Program.       Allison Picard presented the Small Business Enterprise and Outreach Program reports covering the period January 1, 2015 through June 30, 2016. The Committee accepted the report and findings, directed staff to forward the report to the Board of Supervisors on Consent, and requested the Purchasing Services Manager to return with a follow-up report in February 2017 showing the top 50-100 commodities less than $100,000 purchased by the County.    AYE: Chair John Gioia, Vice Chair Candace Andersen  Passed  6.The next meeting is currently scheduled for November 28, 2016.    The Committee decided cancel the November 28, 2016 meeting due to a schedule conflict with the CSAC Conference, and scheduled a special meeting for December 12, 2016 at 11:00 a.m.    AYE: Chair John Gioia, Vice Chair Candace Andersen  Passed  7.Adjourn    Chair Gioia adjourned the meeting at 11:20 a.m.     For Additional Information Contact:  Julie DiMaggio Enea, Committee Staff Phone (925) 335-1077, Fax (925) 646-1353 julie.enea@cao.cccounty.us 5 INTERNAL OPERATIONS COMMITTEE-SPECIAL MEETING 4. Meeting Date:12/12/2016   Subject:FISH & WILDLIFE COMMITTEE RECRUITMENT Submitted For: John Kopchik, Interim Director, Conservation & Development Department  Department:Conservation & Development Referral No.: IOC 16/5   Referral Name: ADVISORY BODY RECRUITMENT  Presenter: Maureen Parkes Contact: Maureen Parkes 925-674-7831 Referral History: Per IOC policy, the IOC conduct interviews for At Large seats on the following bodies: Retirement Board, Fire Advisory Commission, Integrated Pest Management Advisory Committee, Planning Commission, Treasury Oversight Board, Airport Land Use Commission, Aviation Advisory Committee and the Fish & Wildlife Committee; and delegates the screening and nomination fill At Large seats on all other eligible bodies to each body or a subcommittee thereof. Referral Update: The Fish & Wildlife Committee was established by the Board in December 1994 to advise the Board on fish and wildlife issues, make recommendations for the expenditure of funds from the Fish and Wildlife Propagation Fund, and to address issues surrounding the enforcement of fish and game laws and regulations of the County. The Committee comprises ten members: one nominated by each County Supervisor, four At Large seats, and one At Large Alternate seat. Seat terms are two years. The IOC conducts interviews for the At Large and At Large Alternate seats. On December 31, 2016, the terms for the At Large #3 and #4 seats will expire. The Conservation & Development Department recruited for applicants as described in the attached transmittal memo. Six applications were received and are attached hereto along with a report from the Fish & Wildlife Committee staff. Recommendation(s)/Next Step(s): INTERVIEW the following candidates for the At Large #3 and #4 seats for four-year terms 6 INTERVIEW the following candidates for the At Large #3 and #4 seats for four-year terms ending on December 31, 2020, and DETERMINE recommendations for Board of Supervisors consideration: Scott Cashen (Walnut Creek) Edmond Linscheid (Orinda) Joshua Porter (Kensington) Heather Rosmarin (Pleasant Hill) Jeffrey Skinner, incumbent (Martinez) Rodney Smith (Danville) Fiscal Impact (if any): None. Attachments F&W Cte Staff Report and Candidate Applications 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 12/5/2016 FISH AND WILDLIFE COMMITTEE ROSTER Appointment Date Term Expires Vacant (District 1) Susan Heckly (District II) Pleasant Hill April 14, 2015 February 28, 2018 Clark Dawson (District III) Antioch March 31, 2015 February 28, 2018 Brett Morris (District IV) Walnut Creek March 3, 2015 February 28, 2019 Daniel Pellegrini (District V) Martinez March 3, 2015 February 28, 2019 Roni Gehlke (At-Large 1) Oakley January 5, 2016 December 31, 2018 Kathleen Jennings (At-Large 2) Concord January 5, 2016 December 31, 2018 Jeff Skinner(At-Large 3) Martinez December 9, 2014 December 31, 2016 Scott Stephan (At-Large 4) San Ramon December 9, 2014 December 31, 2016 Dawn Manley (At-Large Alternate 1) Walnut Creek September 13, 2016 January 1, 2017 December 31, 2016 December 31, 2021 32 INTERNAL OPERATIONS COMMITTEE-SPECIAL MEETING 5. Meeting Date:12/12/2016   Subject:INTERVIEW CANDIDATES FOR ONE VACANCY ON THE CONTRA COSTA RESOURCE CONSERVATION DISTRICT BOARD OF DIRECTORS Submitted For: David Twa, County Administrator  Department:County Administrator Referral No.: IOC 16/5   Referral Name: Advisory Body Recruitment  Presenter: Julie DiMaggio Enea Contact: Julie DiMaggio Enea (925) 335-1077 Referral History: Contra Costa Resource Conservation District (RCD) director recruitment is conducted by the County pursuant to a 1998 RCD resolution ordering that all future directors shall be appointed by the County Board of Supervisors in lieu of election (Public Resources Code Section 9314). The mission of the RCD is to carry out natural resources conservation projects through voluntary and cooperative efforts. The RCD is a non-regulatory agency that works with individuals, growers, ranchers, public agencies, non-profit organizations and corporations to accomplish its mission. The USDA Natural Resource Conservation Service provides technical support for the RCD's programs. Referral Update: On November 30, 2016, the terms of office for three of the five RCD Director seats will expired: President, Director 1, and Director 3. Following a five-week recruitment that garnered four applications, the IOC, on October 24, decided to recommend the reappointment of incumbents Tom Brumleve and Igor Skaredoff, and directed staff to obtain the attendance records of the candidates and invite the remaining candidates Bob Case and Jency James to the December 12 IOC meeting for further consideration. Consequently, the current sitting RCD members are:  Igor Skaredoff (Martinez) Tom Brumleve (Walnut Creek) Bethallyn Black (Walnut Creek) Tom Bloomfield (Brentwood) One Director seat remains vacant. Terms of office are four years beginning on December 1. 33 Recommendation(s)/Next Step(s): INTERVIEW the following candidates for one vacancy on the Contra Costa Resource Conservation District Board of Directors and DETERMINE recommendation for Board of Supervisors consideration:  Bob Case, incumbent (Concord) Jency James (Martinez) Attachments Candidate Application_Bob Case_CCRCD Candidate Application_Jency James_CCRCD 34 35 36 37 38 39 40 41 42 43 44 INTERNAL OPERATIONS COMMITTEE-SPECIAL MEETING 6. Meeting Date:12/12/2016   Subject:NOMINATIONS TO THE AVIATION ADVISORY COMMITTEE Submitted For: Keith Freitas, Airports Director  Department:Airports Referral No.: IOC 16/5   Referral Name: Advisory Body Recruitment  Presenter: Keith Freitas Contact: Judith Evans (925) 681-4200 Referral History: The Aviation Advisory Committee was established by the Board of Supervisors in 1977. It's current charge is to provide advice and recommendations to the Board of Supervisors on the aviation issues related to the economic viability and security of airports in Contra Costa County. The Committee may initiate discussions, observations, or investigations, in order to make its recommendations to the Board. The Committee may hear comments on airport and aviation matters from the public or other agencies for consideration and possible recommendations to the Board of Supervisors or their designees. The Aviation Advisory Committee shall cooperate with local, state, and national aviation interests for the safe and orderly operation of airports. The Aviation Advisory Committee shall advance and promote the interests of aviation and protect the general welfare of the people living and working near the airport and the County in general. In conjunction with all of the above, the Aviation Advisory Committee shall provide a forum for the Director of Airports regarding policy matters at and around the airports. Referral Update: In March 1, 2017, the At Large 2 seat term of office will expire. Additionally, the former Diablo Valley College seat was converted to an At Large seat and is currently vacant. The Airports Director opened a four-week recruitment on October 27, 2016 to fill the current and pending vacancies, garnering four applications, attached. All candidates were invited to the IOC meeting today to be interviewed, as per the IOC's policy. Seat terms are three years. The term for the next At Large 2 appointment will be March 2, 2017-March 1, 2020. The current term for the At Large 3 (formerly DVC) seat will expire on March 1, 2019. Recommendation(s)/Next Step(s): 45 INTERVIEW the following candidates for two At Large seats on the Aviation Advisory Committee and DETERMINE recommendations for Board of Supervisors consideration: Emily Barnett, Pleasant Hill Christopher Hansen, Concord DeWitt Hodge (incumbent), Pittsburg Geoffrey Logan, Walnut Creek Fiscal Impact (if any): None. AAC members are not compensated. Attachments Airports Director Transmittal Memo Candidate Application_AAC_Emily Barnett Candidate Application_AAC_Christopher Hansen Candidate Application_AAC_DeWitt Hodge Candidate Application_AAC_Geoffrey Logan 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 INTERNAL OPERATIONS COMMITTEE-SPECIAL MEETING 7. Meeting Date:12/12/2016   Subject:NOMINATION TO THE CONTRA COSTA COUNTY LAW LIBRARY BOARD OF TRUSTEES Submitted For: David Twa, County Administrator  Department:County Administrator Referral No.: IOC 16/5   Referral Name: Advisory Body Recruitment  Presenter: Julie DiMaggio Enea Contact: Julie DiMaggio Enea (925) 335-1077 Referral History: The Public Law Library Board of Trustees was established by State law and County Ordinance to maintain a law library in Martinez and a branch library in Richmond. The Board of Trustees is the governing body for the Law Library with the authority to determine personnel, fiscal, and administrative policies to fulfill the legal information needs of the community. The Internal Operations Committee annually reviews the appointment to the Member of the Bar seat, which term expires each December 31. Referral Update: The IO Committee is asked to consider re-appointing Nolan Armstrong to the Member of the Bar seat to a new one-year term expiring December 31, 2017. The Law Librarian recruited for the seat and received interest only from Mr. Armstrong, who wishes to be reappointed. Recommendation(s)/Next Step(s): APPROVE recommendation to re-appoint Nolan Armstrong to the Member of the Bar seat on the Law Library Board of Trustees to a new one-year term expiring December 31, 2017. Fiscal Impact (if any): None. Attachments Letter of Interest_Nolan Armstrong_Law Library 68 69 70 INTERNAL OPERATIONS COMMITTEE-SPECIAL MEETING 8. Meeting Date:12/12/2016   Subject:NOMINATION TO THE MOSQUITO & VECTOR CONTROL DISTRICT BOARD OF TRUSTEES Submitted For: David Twa, County Administrator  Department:County Administrator Referral No.: IOC 16/5   Referral Name: ADVISORY BODY RECRUITMENT  Presenter: Julie Enea Contact: Allison Nelson 925-685-9301 Referral History: The Contra Costa Mosquito & Vector Control District was established in 1986 through the consolidation of two such districts. The boundaries of the current District are all of Contra Costa County. The District provides Countywide public health services through the control of mosquitoes, rats, skunks, yellowjackets and other vectors. Of the 22 members of the Board of Trustees, the Board of Supervisors appoints three to represent the unincorporated area. The Internal Operations Committee (IOC) screens the nominations for the three County seats. Referral Update: On January 2, 2017, the terms of office of the At Large 2 and 3 seats will expire. New appointments to the seats may be made for either two or four years, at the discretion of the Board of Supervisors. Staff initiated a four-week recruitment on October 3, 2016 that garnered two applications, attached, from incumbents Chris Cowen and Darryl Young. Recommendation(s)/Next Step(s): CONSIDER recommending the reappointment of incumbents Chris Cowen (San Pablo) to the At Large #2 seat and Darryl Young (XXX) to the At Large #3 seat on the Contra Costa Mosquito & Vector Control District Board of Trustees to new four-year terms ending on January 2, 2021. Attachments MVCD Press Publication Candidate Application_Chris Cowen_MVCD 71 Contra Costa County County Administrator’s Office • 651 Pine Street • Martinez, CA 94553 • www.co.contra-costa.ca.us Media Release FOR IMMEDIATE RELEASE Contact: Julie DiMaggio Enea Monday, October 3, 2016 Phone: (925) 335-1077 Email: julie.enea@cao.cccounty.us WOULD YOU LIKE TO SERVE ON THE CONTRA COSTA MOSQUITO & VECTOR CONTROL DISTRICT BOARD OF TRUSTEES ? The Contra Costa Mosquito & Vector Control District was established in 1986. The boundaries of the current District are all of Contra Costa County. The District provides Countywide public health services through the control of mosquitoes, rats, skunks, yellowjackets and other vectors. This is important to prevent the transmission of disease and to minimize vector population outbreaks, which would interfere with recreational, residential, agricultural, and industrial activities. The District Board of Trustees meets on the second Monday of every other month at 7 p.m. in Concord. The County is recruiting for volunteers to fill two vacancies for four-year terms ending on January 2, 2021. The County Board of Supervisors will make the appointments. County residents are encouraged to apply. Application forms can be obtained from the Clerk of the Board of Supervisors by calling (925) 335-1900 or by visiting the County webpage at www.co.contra-costa.ca.us. Applications should be returned to the Clerk of the Board of Supervisors, Room 106, County Administration Building, 651 Pine Street, Martinez, CA 94553 no later than Friday, November 4, 2016 by 5 p.m. Applicants should plan to be available for public interviews in Martinez on Monday, November 28. More information about the Contra Costa Mosquito & Vector Control District can be obtained by visiting the District’s website at http://www.contracostamosquito.com/ . # # # # 72 73 74 75 INTERNAL OPERATIONS COMMITTEE-SPECIAL MEETING 9. Meeting Date:12/12/2016   Subject:REVIEW OF DRAFT TECHNICAL STUDY OF COMMUNITY CHOICE ENERGY OPTIONS Submitted For: Jason Crapo, County Building Official  Department:Conservation & Development Referral No.: IOC 16/11   Referral Name: COMMUNITY CHOICE ENERGY  Presenter: Jason Crapo Contact: Jason Crapo, 925-674-7722 Referral History: On March 15, 2016, the Board of Supervisors directed staff to work with interested cities in Contra Costa County to obtain electrical load data from PG&E and conduct a technical study of the following three CCE alternatives: Form a new joint powers authority of the County and interested cities within Contra Costa County for the purpose of implementing Community Choice Energy Join Marin Clean Energy (MCE) Form a new joint powers authority with Alameda County and the interested group of cities in the two-county region The Board directed County staff to request that each participating city contribute financially towards the cost of the technical study in an amount proportional to the size of that city's population. During the spring of 2016, County staff negotiated a memorandum of understanding (MOU) with the 14 cities within the County that are currently not members of a CCE program (five cities within the County are members of the CCE program initiated in Marin County known as MCE Clean Energy). On April 12, the Board approved a non-disclosure agreement with PG&E to obtain electrical load data within Contra Costa County to inform the study; and on June 21, the Board approved an MOU with participating cities to initiate a technical study. The MOU was executed by 13 of the 14 cities named in the MOU (the City of Orinda did not execute the MOU).  Nine of the cities that are parties to the MOU are designated in the MOU as Funding Cities and have agreed to contribute financially towards the cost of the technical study in an amount proportional to their population size. As described in the MOU, these Funding Cities will reimburse the County for their share of cost following completion of the technical study. The nine 76 cities contributing financially towards the cost of the technical study are Brentwood, Clayton, Concord, Danville, Martinez, Moraga, Pittsburg, Pleasant Hill and San Ramon. The 5 cities that contributed data but decided to not contribute funding for the technical study are Antioch, Hercules, Oakley, Orinda and Pinole. MRW was selected as the consultant to perform the technical study through a competitive process following the release of a Request for Proposals (RFP) that was administered by the County Department of Conservation and Development and the County's Purchasing Division in the Public Works Department. As specified in the MOU, responses to the RFP were reviewed by an Evaluation Committee comprised of representatives from the County Department of Conservation and Development, the County Administrator's Office, and the cities of Brentwood, Danville and Pittsburg. The Evaluation Committee was unanimous in its selection of MRW as the most qualified of the responsive firms to perform the technical study. Following the selection of MRW by the Evaluation Committee, the County negotiated a contract with MRW to perform the technical study. This contract was approved by the Board of Supervisors on August 16, 2016. Referral Update: Attached is the draft of the CCE technical study and its findings (Attachment A). Background Community Choice Energy (CCE) is described in State law as Community Choice Aggregation. CCE involves cities, counties, or a joint powers authority (JPA) comprised of cities and/or counties, pooling ("aggregating") retail electricity customers for the purpose of procuring and selling electricity. Under a CCE program, the CCE entity would become the default electricity provider to all electricity customers within the service area. Costumers would have the ability to opt out of service from the CCE program and return to service from the incumbent electrical utility. In Contra Costa County, the incumbent electrical utility is Pacific Gas and Electric (PG&E). Following the launch of CCE programs in Marin County in 2010 and Sonoma County in 2014, most other counties in the Bay Area and many counties throughout California are now in the process of studying or implementing CCE programs. Napa County joined the CCE program initiated in Marin County, MCE Clean Energy, in early 2016. The City and County of San Francisco launched a CCE program in May 2016, and San Mateo County launched its program in October 2016. Alameda County and Santa Clara County are both establishing JPAs for this purpose, with the intent to launch programs in 2017. Scope of the Technical Study Consistent with direction County staff received from the Board of Supervisors when the Board authorized the technical study on March 15, 2016, the scope of the technical study includes a comparison of 3 different CCE program alternatives that could be implemented by participating jurisdictions in Contra Costa County to the fourth option of remaining with existing service from PG&E. The 3 CCE alternatives considered in the study are: Form a new joint powers authority (JPA) of the County and interested cities within Contra Costa County for the purpose of implementing Community Choice Energy; 1. 77 Join MCE Clean Energy (MCE) by seeking to become a members of its JPA;2. Join the new JPA known as East Bay Community Energy (EBCE), along with Alameda County and the interested group of cities in the two-county East Bay region, for the purpose of CCE. 3. The technical study analyzes electrical load data that the County has requested and obtained from PG&E for the unincorporated area and the 14 participating cities. The technical study projects the electricity rates that might be charged by a new CCE program in Contra Costa County to its customers under several energy procurement scenarios and compares these projected rates to PG&E’s projected rates. The study assesses the potential for a CCE program to lower greenhouse gas emissions generated from energy use within the participating jurisdictions compared to current PG&E service, and the extent to which a CCE program could stimulate economic activity within the County through reduced electricity rates and construction of local renewable energy generation facilities. Finally, the study includes a comparison among the 3 CCE program alternatives considered and the option of continuing with existing PG&E service, and presents the tradeoffs associated with each of these 4 options. Main Findings of the Draft Technical Study The main findings of the Draft Technical Study (found in its Executive Summary) are as follows: Jurisdictions in Contra Costs County studied in the Draft Technical Study have several options for implementing a Community Choice Energy (CCE) program that would likely result in lower GHG emissions, increased local renewable energy generation, and increased local job creation compared to remaining with current electricity service from the Pacific Gas and Electric Company (PG&E).  1. The electricity rates charged under various CCE scenarios available to the jurisdictions covered in the Draft Technical Study would likely be similar or less than the rates charged by PG&E for comparable service. The degree to which CCE rates are reduced below comparable PG&E rates depends in large part on the extent to which the CCE pursues policy objectives other that rate minimization in its energy procurement practices. Competing policy objectives may include increasing the supply of locally generated renewable energy, promoting energy efficiency, and maximizing local employment generated from a CCE program. 2. The Draft Technical Study finds that Contra Costa County includes enough technically feasible locations to meet a significant proportion of electricity demand for the area studied through locally generated renewable energy. Forty percent of the technically feasible sites fall within the Northern Waterfront Economic Development Initiative area. 3. The implementation of a CCE program within the studied area is projected to create between 500 and 1000 new jobs within Contra Costa County compared to remaining with current PG&E service, depending on the CCE option implemented. 4. The Draft Technical Study compares three CCE program alternatives to current PG&E service and identifies the tradeoffs associated with these four alternatives. The decision of which program alternative to implement will require policy makers to balance costs and 5. 78 potential risks and benefits of each option. Recommendation(s)/Next Step(s): Next Steps The Draft Technical Study had been distributed to the participating cities and the general public for comment. The comment period will close on January 31, 2017. Seven of the participating cities have so far requested presentations of the Draft Technical Study at upcoming City Council meetings in early 2017. Several community groups have also expressed interest in receiving presentations of the Draft Study results. Following conclusion of the comment period, County staff will work with MRW and Associates to finalize the technical study in February 2017. The final technical study will then be presented to the Board and the City Councils in March and April 2017 for further action, and potentially for direction to implement one of the CCE options considered in the study. Recommendations   Accept this report and direct staff to present the Draft Technical Study to the Board of Supervisors and receive comments and direction from the Board at its meeting on January 17, 2017. 1. Recommend to the Board of Supervisors that the Board direct DCD staff to request terms of membership in EBCE from the EBCE Board of Directors on behalf of the County. 2. Fiscal Impact (if any): There is no fiscal impact associated with today's recommendations. Although financial considerations were not the primary focus of the analysis, the Draft Technical Study briefly describes the financial implications of the options evaluated. These financial implications are summarized as follows: Contra Costa JPA Option Creating a new JPA of the County and cities solely within Contra Costa County for the purpose of CCE would require the County and participating cities to identify a funding source to support approximately $2 million in additional start-up costs and secure a source of credit, or “working capital,” on the order of $20 million to bridge the new JPA to the point where it generates sufficient revenue from customer electricity accounts to become self-supporting. Out-of-pocket expenses incurred by these jurisdictions would be reimbursable by the newly created JPA. The most likely source of funding for the estimated $2 million in additional start-up costs for a Contra Costa JPA option would be a loan from the County to the JPA, which could be repaid to the County by the JPA, potentially with interest, within the first year or two after the JPA is established.  The County and/or the other member jurisdictions of the JPA would also likely be required to provide a credit guarantee for all or a portion of the “working capital” line of credit (estimated at $20 million) which would be used to secure power purchase contracts and other necessary expenses prior to the JPA becoming financially self-sufficient.  79 A budget for the various start-up activities associated with the implementation of a new Contra Costa JPA for the purpose of CCE are outlined in more detail in Attachment B to this report, which was prepared by the County’s CCE consultant, LEAN Energy, based on LEAN’s direct experience with start-up costs for recently created CCE JPAs in neighboring Bay Area counties. MCE, EBCE and PG&E Options The options of joining MCE or EBCE, or remaining with existing PG&E service, are all likely to involve little or no additional direct costs to the County or cities within the County that decide to implement one of these options. However, under these options it is unlikely the County and Contra Costa cities will be reimbursed for any of the consulting expenses and County staff costs already incurred to evaluate CCE options, which so far total approximately $400,000. MCE has recently provided clarification of its membership process, known as its Open Inclusion Period, to the County and cities within the County that are not currently MCE members (see Attachment C). This process involves no direct cost to the County, but does require the County or other interested jurisdictions within the County to adopt a resolution, an ordinance, and execute a memorandum of understanding with MCE, among other actions. The costs associated with joining EBCE are not currently defined, but are expected to be low or none. EBCE is still in the process of forming its JPA, with the first meeting of the JPA Board of Directors expected in late January. Alameda County has funded the start-up costs for EBCE, and cities in Alameda County have not been required to pay any costs to join EBCE. Based on this experience to date, Alameda County staff anticipate that Contra Costa jurisdictions seeking to join EBCE are likely to be granted membership at no cost or at a very low cost. However, the terms of membership for jurisdictions outside of Alameda County seeking to join EBCE will ultimately need to be decided by the EBCE Board of Directors, once it is seated.  If the Board of Supervisors is interested in giving consideration to joining EBCE, staff recommends that the Board requests clarification on the terms of membership in EBCE from the EBCE Board of Directors. Staff recommends that the Internal Operations Committee (IOC) recommend to the Board of Supervisors that the Board direct DCD to request terms of membership in EBCE from the EBCE Board of Directors on behalf of the County. Regarding continuation of current PG&E service, the financial implications are very transparent. No expense or action of any kind from the County or other Contra Costa jurisdictions is required. Attachments Attachment A_Draft Community Choice Energy Technical Study Attachment B_Draft CCE Implementation Budget Attachment C_MCE Membership Requirements_11-8-16 80 DRAFT Technical Study for Community Choice Aggregation Program in Contra Costa County Prepared by: With MRW & Associates, LLC 1814 Franklin Street, Ste 720 Oakland, CA 94612 Economic Development Research Group Boston, MA Sage Renewables San Francisco, CA November 30, 2016 Attachment A 81 Draft Community Choice Aggregation Technical Analysis Contra Costa County November 2016 . MRW & Associates, LLC Table of Contents Executive Summary ................................................................................................................ i Loads and Forecast ........................................................................................................................ ii CCE Power Supplies ....................................................................................................................... iii CCE Rate Analysis Results .............................................................................................................. iv Macroeconomic and Job Impacts ................................................................................................... vi Comparative Analysis of CCE Options .......................................................................................... viii Conclusions ................................................................................................................................... x Chapter 1: Introduction ......................................................................................................... 1 What is a CCE? ...............................................................................................................................1 Assessing CCE Feasibility ................................................................................................................2 Chapter 2: Economic Study Methodology and Key Inputs ....................................................... 3 Contra Costa County Loads and CCE Load Forecasts ........................................................................5 CCE Supplies ..................................................................................................................................8 Power Supply Cost Assumptions ........................................................................................................ 11 Local Solar Analysis ............................................................................................................................ 13 Local Solar Modeled in the CCE Scenarios ......................................................................................... 19 Greenhouse Gas Costs ....................................................................................................................... 19 Other CCE Supply Costs ...................................................................................................................... 19 PG&E Rate and Exit Fee Forecasts ................................................................................................. 20 PG&E Bundled Generation Rates ....................................................................................................... 20 PG&E Exit Fee Forecast ...................................................................................................................... 21 Pro Forma Elements and CCE Costs of Service ............................................................................... 22 Pro Forma Elements ........................................................................................................................... 22 Startup Costs ...................................................................................................................................... 23 Administrative and General Cost Inputs ............................................................................................ 24 Cost of Service Analysis and Reserve Fund ........................................................................................ 24 Chapter 3: Cost and Benefit Analysis .................................................................................... 26 Scenario 1 (Minimum RPS Compliance)......................................................................................... 26 CCE Average Costs .............................................................................................................................. 26 Residential Bill Impacts ...................................................................................................................... 27 Greenhouse Gas Emissions ................................................................................................................ 28 Scenario 2 (Accelerated RPS) ........................................................................................................ 29 CCE Average Costs .............................................................................................................................. 29 Residential Bill Impacts ...................................................................................................................... 30 GHG Emissions ................................................................................................................................... 31 Scenario 3 (Minimum RPS Compliance plus Local Procurement) .................................................... 32 CCE Costs ............................................................................................................................................ 32 Residential Bill Impacts ...................................................................................................................... 33 GHG Emissions ................................................................................................................................... 33 Scenario 4 (Accelerated RPS plus Local Procurement).................................................................... 34 CCE Average Costs .............................................................................................................................. 34 Residential Bill Impacts ...................................................................................................................... 35 GHG Emissions ................................................................................................................................... 36 82 Draft Community Choice Aggregation Technical Analysis Contra Costa County November 2016 . MRW & Associates, LLC Chapter 4: Sensitivity of Results to Key Inputs ...................................................................... 37 Lower Participation Sensitivity ..................................................................................................... 37 Higher Local Renewable Power Prices Sensitivity .......................................................................... 38 Higher Renewable Power Prices Sensitivity ................................................................................... 38 Higher Exit Fee (PCIA) Sensitivity .................................................................................................. 39 Lower PG&E Portfolio Cost Sensitivity .......................................................................................... 39 Higher Natural Gas Prices Sensitivity ............................................................................................ 40 Stress Case and Sensitivity Comparisons ....................................................................................... 40 Conclusions ................................................................................................................................. 43 Chapter 5: Macroeconomic Impacts ..................................................................................... 44 How a CCE interacts with the Surrounding Economy ..................................................................... 44 Job Impacts of Proposed CCE Scenarios ........................................................................................ 45 Overview of Scenario Effects ............................................................................................................. 45 Resulting Impacts on Jobs .................................................................................................................. 48 Allocation of Earned Income Gains ............................................................................................... 54 Chapter 6: Other Risks ......................................................................................................... 57 Financial Risks to CCE Members .................................................................................................... 57 Procurement-Related Risks .......................................................................................................... 58 Legislative and Regulatory Risks ................................................................................................... 59 PCIA Uncertainty .......................................................................................................................... 59 Impact of High CCE Penetration on the PCIA ................................................................................. 59 Impact of High CCE Penetration on Low-Carbon Resources ............................................................ 60 Bonding Risk ................................................................................................................................ 60 Chapter 7: Comparative Analysis of CCE Options .................................................................. 62 Rates ........................................................................................................................................... 63 GHG Reduction ............................................................................................................................ 64 Local Economic Benefits ............................................................................................................... 65 CCE Governance: Voting ............................................................................................................... 65 CCE Governance: Other ................................................................................................................ 68 Timing and Process to Join/Form .................................................................................................. 69 Costs to Join the CCE .................................................................................................................... 71 Exiting the CCE ............................................................................................................................. 71 Remaining With PG&E .................................................................................................................. 72 Summary ..................................................................................................................................... 72 Chapter 8: Other Issues Investigated .................................................................................... 75 Synergies on the Northern Waterfront ......................................................................................... 75 “Minimum” CCE Size? .................................................................................................................. 76 Individuals and Communities Self-Selecting 100% Renewables ...................................................... 77 Competition with a PG&E Solar Choice Program ........................................................................... 78 Differences Between the Analyses for Contra Costa and Alameda Counties ................................... 79 Chapter 9: Conclusions ....................................................................................................... 82 83 Draft Community Choice Aggregation Technical Analysis Contra Costa County November 2016 . MRW & Associates, LLC List of Acronyms AAEE Additional Achievable Energy Efficiency CAISO California Independent System Operator CBA Collective Bargaining Agreement CCA Community Choice Aggregation CCE Community Choice Energy CEC California Energy Commission CPUC California Public Utilities Commission EE Energy Efficiency EBCE East Bay Community Energy ESPs Energy Service Providers FY Fiscal Year GHG Greenhouse Gas GRP Gross Regional Product GWh Gigawatt-hour (= 1,000 MWhs) IOU Investor-Owned Utility I/T Information Technology JEDI Jobs and Economic Impact (model) JPA Joint Powers Authority kWh Kilowatt-hour MW Megawatt MWh Megawatt-hour NREL National Renewable Energy Laboratory PCIA Power Charge Indifference Adjustment PEIR Programmatic Environmental Impact Report PG&E Pacific Gas & Electric REC Renewable Energy Credit REMI Regional Economic Modeling Inc RPS Renewable Portfolio Standard SB 350 Senate Bill 350 TURN The Utility Reform Network 84 Draft Community Choice Aggregation Technical Analysis Contra Costa County November 2016 . MRW & Associates, LLC 85 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November 2016 i MRW & Associates, LLC Executive Summary Main Findings 1. This study finds that the jurisdictions in Contra Costs County studied in this report have several options for implementing a Community Choice Energy (CCE) program that would likely result in lower GHG emissions, increased local renewable energy generation, and increased local job creation compared to remaining with current electricity service from the Pacific Gas and Electric Company (PG&E). 2. The electricity rates charged under various CCE scenarios available to the jurisdictions covered in this study would likely be similar or less than the rates charged by PG&E for comparable service. The degree to which CCE rates are reduced below comparable PG&E rates depends in large part on the extent to which the CCE pursues policy objectives other that rate minimization in its energy procurement practices. Competing policy objectives may include increasing the supply of locally generated renewable energy, promote energy efficiency, and maximizing local employment generated from a CCE program. 3. This study finds that Contra Costa County includes enough technically feasible locations to meet a significant proportion of electricity demand for the area studied through locally generated renewable energy. Forty percent of the technically feasible sites fall within the Northern Waterfront Economic Development Initiative area. 4. The implementation of a CCE program within the studied area is projected to create between 500 and 1000 new jobs within Contra Costa County compared to remaining with current PG&E service, depending on the CCE option implemented. 5. This study compares three CCE program alternatives to current PG&E service and identifies the tradeoffs associated with these four alternatives. The decision of which program alternative to implement will require policy makers to balance costs and potential risks and benefits of each option, which are described in detail. Purpose of this Study California Assembly Bill 117, passed in 2002, established Community Choice Aggregation in California to provide the opportunity for local governments or special jurisdictions to procure or provide electric power for their residents and businesses. On March 15, 2016, the Contra Costa County (County) Board of Supervisors directed County staff to work with cities within the County to obtain electrical load data from PG&E for conducting a technical study of options for implementing CCE within the County’s unincorporated area and the 14 cities within the County not currently participating in a CCE program. The Board of Supervisors further directed the CCE technical study to compare alternatives for implementing CCE (i.e., establishing a Contra Costa County-Only CCE or joining one of the neighboring CCEs – MCE Clean Energy or East Bay Community Energy) to the option of remaining with PG&E. 86 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November 2016 ii MRW & Associates, LLC To assess whether a stand-alone CCE is “feasible” in Contra Costa County, the local objectives must be laid out and understood. Based on the specifications of the initial request for proposals and input from the County, this study:  Quantifies the electric loads that a Contra Costa County CCE would serve;  Includes analysis of in-county renewable generation;  Compares the rates that could be offered by the CCE to PG&E’s rates;  Calculates the macroeconomic development and employment benefits of CCE formation; and  Compares the benefits and risks of forming a CCE or joining a neighboring CCE versus remaining on PG&E bundled service. Loads and Forecast Figure ES-1 provides a snapshot of Contra Costa County bundled electric load in 2015 by city and by rate class.1 As the figure shows, total bundled electricity load in 2014 from Contra Costa County was approximately 4,000 GWh. The unincorporated areas of the County represented 25% of County load, and the cities of Concord and Pittsburg were together responsible for another 25%. Residential and commercial customers made up most the County load, with smaller contributions from the industrial and public sectors. Figure ES-1. PG&E’s 2015 Bundled Load in Contra Costa County by Jurisdiction and Rate Class 1 “Bundled” load includes only load for which PG&E supplies the power; it excludes load from Direct Acces s customers, load in the jurisdiction of another CCA provider, and load met by customer self -generation. This excludes load originating in the cities of El Cerrito, Lafayette, Richmond, San Pablo, and Walnut Creek, which are served by Marin Clean Energy. 87 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November 2016 iii MRW & Associates, LLC CCE Power Supplies The CCE’s primary function is to procure supplies to meet the electrical loads of its customers. By law, the CCE must also supply a certain portion of its sales to customers from eligible renewable resources. This Renewable Portfolio Standard (RPS) requires 33% renewable energy supply by 2020, increasing to 50% by 2030. The CCE may additionally choose to source a greater share of its supply from renewable sources than the minimum requirements, or may seek to otherwise reduce the environmental impact of its supply portfolio. The CCE may also use its procurement function to meet other objectives, such as sourcing a portion of its supply from local projects to promote economic development in the County. The four supply scenarios considered in this analysis are summarized in Table ES-1. Table ES-1: Four Scenarios Modeled2 Scenario: 1 2 3 4 % RPS-Eligible in 2020 33% 50% 33% 50% % RPS-Eligible in 2030 50% 80% 50% 80% Share of RPS-Eligible from Local Resources 0% 0% 50% 50% Local Renewable Development The CCE may choose to contract with or develop renewable projects within Contra Costa County to promote economic development or reap other benefits. This study found 1,395 parcels that met the established criteria and 1,875 individual sites within the identified parcels where either a solar shade structure, large rooftop or ground mounted system could be developed. Table ES-2 shows the total solar PV generation capacity within the County based on the methodology and assumptions Chapter 3. Table ES-2. Total PV Solar Generation Potential and Build Cost Ground Mount Shade Structure Roof Mounted Total PV Capacity (MW) 1,891 1,320 144 3,355 PV Production (GWh) 3,025 2,113 230 5,369 Build Cost ($ Millions) $3,417 $3,977 $371 $7,660 Build Cost ($/Watt) $1.99 $3.10 $2.62 $2.56 No of PV Systems 845 886 144 1,875 2 Customer-sited solar is not considered RPS-eligible in California and is not included in the RPS procurement in these scenarios. Customer-sited solar is incorporated in this analysis as a reduction to the CCE’s load. 88 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November 2016 iv MRW & Associates, LLC CCE Rate Analysis Results Scenarios 1 and 3 (Simple Renewable Compliance) In Scenario 1, the CCE meets the mandated 33% RPS requirement in 2020 and the 50% RPS requirement in 2030, plus the 55% proposed target between 2030 and 2038. Annual GHG emissions are 50% lower on average than PG&E’s forecasted annual GHG emissions by assuming a fraction of the non-RPS power is provided by large hydroelectric resources. Figure ES-2 summarizes the results of Scenario 1. The figure shows the total average cost of the Contra Costa County CCE to serve its customers (vertical bars) and the comparable PG&E generation rate (line).3 Of the CCE cost elements, the greatest cost is for non-renewable generation (including large hydroelectric), followed by the cost for renewable generation, which increases over the years per the RPS requirements. Another important CCE customer cost is the Power Charge Indifference Adjustment (PCIA), which is the CPUC-mandated charge that PG&E must impose on all CCE customers.4 Under Scenario 1, the differential between PG&E generation rates and the average cost for the Contra Costa County CCE to serve its customers (aka the CCE rates) is positive in each year (i.e., CCE rates are lower than PG&E rates). As a result, Contra Costa County CCE customers’ average generation rate (including contributions to the reserve fund) can be set at a level that is lower than PG&E’s average customer generation rate in each year. Scenario 3 is the same as Scenario 1 except that by 2028 one-half of the renewable power is provided by local resources. The differential between PG&E generation rates and Contra Costa County CCE customer rates in Scenario 3 is lower than in Scenario 1; however, the expected Contra Costa County CCE rates continue to be lower than the forecast PG&E generation rates for all years from 2018 to 2038. 3 All rates are in nominal dollars. Note that these are NOT the full rates shown on PG&E bills. They are only the generation portion of the rates. Other parts of the rate, such as transmission and distribution, are not included, as customers pay the same charges for these components regardless of who is providing their power. 4 Per current regulations, the PCIA fee is expected to decrease in most years beginning in 2019 and to have less of an impact on CCE customer rates over time as resources expire from PCIA-eligibility for CCE customers. However, given that PCIA regulations are subject to change, the possibility that PCIA rates may not fall as expected is considered in the High PCIA scenario. 89 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November 2016 v MRW & Associates, LLC Figure ES-2. Scenario 1 Forecast Average CCE Cost and PG&E Rates, 2018-2038 Scenarios 2 and 4 (Accelerated RPS) Under Scenario 2, the Contra Costa County CCE starts with 50% of its load being served by renewable sources in 2017, and increases this at a quick pace to 80% renewable energy content by 2030. Scenario 4 is the same as Scenario 2 except that by 2027 one-half of the renewable power is provided by local resources. The differential between PG&E generation rates and Contra Costa County CCE customer rates in Scenario 2 and 4 is lower than in Scenarios 1 and 3; however, the expected Contra Costa County CCE rates continue to be lower than the forecast PG&E generation rates for all years from 2018 to 2038. Greenhouse Gas Emissions Under Scenarios 1 and 3, we include enough GHG-free hydroelectric power so that the Contra Costa County CCE’s GHG emissions rate is about half of PG&E’s GHG emissions rate. This requires using large hydroelectric power for 35% of the CCE’s generation portfolio, on average from 2018 to2038. Though this large hydroelectric power would not qualify for RPS requirements, it is considered a non-GHG emitting resource. 5 Under Scenario 2 and 4 these additions of large hydro power are not needed once the high renewable targets are met. The result is a portfolio that averages 20% large hydro from 2018 to 2028. 5 While there is a limited supply of uncontracted large hydroelectric power, Marin Clean Energy a nd Sonoma Clean Power have been successful in procuring this resource. To account for the limited supply, we added a 10% premium to the cost of this power. 90 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November 2016 vi MRW & Associates, LLC Figure ES-4 compares the Scenario 2 GHG emissions from 2018-2038 for the Contra Costa County CCE with what PG&E’s emissions would be for the same load if no CCE were formed. Since Scenario 2 has a higher renewable generation target (80% by 2030), the hydroelectric generation necessary to achieve the same GHG emissions reduction is lower. Because of trading off large hydro for RPS-eligible energy, GHG emissions in Scenario 2 are the same as Scenario 1 through 2030, after which the CCE's portfolio will produce half the GHG emissions compared to PG&E. Note that the analysis assumes “normal” hydroelectric output for PG&E. During the drought years, PG&E’s hydro output has been at about 50% of normal, and the utility has made up these lost megawatt-hours through additional gas generation. This means that the “normal” PG&E emissions shown here are lower than the “current” emissions. If, as is expected by many experts, the recent drought conditions are closer to the “new normal”, then PG&E’s GHG emissions in the first 8 years would be approximately 30% higher. Depending on whether the CCE were similarly affected by limited hydroelectric supply, the CCE’s emissions may increase as well. Table ES-4. Comparative GHG total emissions for PG&E and Contra Costa CCA GHG emissions PG&E (KTonnes)6 Contra Costa CCA (KTonnes) Savings (%) Scenario 1 5,882 2,957 50% Scenario 2 5,882 2,693 54% Scenario 3 5,882 2,957 50% Scenario 4 5,882 2,693 54% Macroeconomic and Job Impacts The local economic development and jobs impacts for the four scenarios were analyzed using the dynamic input-output macroeconomic model developed by Regional Economic Models, Inc. (REMI). The model accounts for not only the impact of direct CCE activities (e.g., local project installations for two of the four scenarios, program administration), but also how the rate savings that County households and businesses might experience with a CCE ripple through the local economy, creating more jobs and regional economic growth. A CCE can also offer positive economic development and employment benefits to the County. The CCE could create approximately 500 to 1000 additional annual jobs in the County plus an additional 80 to 700 jobs in the neighboring counties depending on the scenario. The job 6 Thousands of metric tons 91 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November 2016 vii MRW & Associates, LLC impacts include not just the stimulus from program-related effects but jobs resulting from multiplier effects and competitiveness effects. Scenario 4 – with the smallest of net rate savings for the County’s electric customers poses the largest investment for small-solar across the local economy. Figure ES-3 illustrate this through high-level results expressed as annual job changes for the Scenario 4. Figure ES-3. Scenario 4 Regional Annual Jobs Impacts, 2018 to 2038 The economic activity generated by the CCE results in incremental employment in a variety of sectors. Figure ES-4 shows the job impacts (direct and indirect) by sector for Scenario 4 in 2021 (the year in which the CCE’s assumed solar investment is maximum). 0 200 400 600 800 1000 1200 201820192020202120222023202420252026202720282029203020312032203320342035203620372038JobsContra Costa Surr. Region 92 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November 2016 viii MRW & Associates, LLC Figure ES-4. Contra Costa Job Impacts by Sector Scenario 4, 2021 and 2038 Comparative Analysis of CCE Options Having the County and its cities form its own Joint Powers Authority (JPA) and CCE Program is not the only possibility for CCE participation. First, the Counties and/or its cities may join MCE Clean Energy (MCE). In fact, five cities in the County—El Cerrito, Lafayette, Richmond, San Pablo, and Walnut Creek—are already members of MCE. These cities joined between 2012 and 2016, and have full standing on MCE’s board of directors. Second, the County and/or its cities could join East Bay Community Energy (Alameda County, EBCE). While this CCE has not formally been formed—the Alameda County Board of Supervisors and the respective city Councils are currently taking up the matter, and the JPA board may be seated as early as January 2017, with delivery of power beginning in late 2017. Furthermore, the County and each city need not join one or other CCE en masse, but instead can join one or the other CCEs individually (or neither). Table ES-6 below provides a qualitative summary of the differences and similarities among these options. While a quantitative comparison would appear to provide more rigor, in this case it would provide only false precision. First and foremost, two of the potential CCE options are with entities which, while potentially viable, do not yet exist. Without power contracts, portfolios or procurement guidelines and policies, it would be unwise to claim that EBCE or a potential Contra Costa-only CCE would have rates or greenhouse gas emissions higher or lower than the other. Comparisons against MCE can be somewhat more reasonably asserted; however, its stated goals—greater renewable energy content, lower greenhouse gas emissions, local generation, and comparable rates—are nearly identical to those stated by EBCE, so as to make long-range rate and emissions distinctions immaterial. Thus, the qualitative comparisons 0 50 100 150 200 250 Forestry, Fishing, & Rel. Activities Mining Utilities Construction Manufacturing Wholesale Trade Retail Trade Transportation & Warehsg Information Finance & Insur. Real Estate & Rental-Leasing Professl, Scientific, & Tech Srvcs Management of Companies &… Admin. & Waste Mngmnt Srvcs Educ. Srvcs Health Care & Social Assist Arts, & Recreation Hotels & Food Services Other Services Local Govt 2021 Direct non-direct 93 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November 2016 ix MRW & Associates, LLC provided in the table do not provide sharp distinctions between the CCE options.7 All these options are expected to provide similar rates and GHG emissions, with differences arising from variations in the priorities and procurement decisions of the individual governance boards. What truly distinguishes these options are primarily governance options (i.e., in-county only versus shared with other entities) and the amount of risk assumed (i.e., developing or signing on with a new CCE versus joining one with a record of satisfactory performance). Table ES-5. Comparison of Contra Costa CCE Options Criterion Form CCCo JPA Join MCE Join EBCE Stay with PG&E Rates Likely lower Likely Lower Likely Lower Base GHG Reduction Potential Over Forecast Period Some Some Some Base Local Control/Governance Greatest Some Greater None Local Economic Benefits Greatest Some Greater Minimal Start Up Costs/Cost to Join Low, but greater risk8 None Unknown, but likely to be none None Level of Effort Greatest Minimal Greater None Program Risks Greatest Minimal Some Base Timing (earliest) Mid-Late- 2018 Late-2017 Mid-2018 N/A 7 Differences between the CCE options and the option to stay with PG&E are more marked and better quantifiable, given that information on PG&E’s power portfolios, procurement plans, and costs are at least partially available through various filings and applications PG&E has made before the CPUC. The comparisons provided above between the CCE’s rates and PG&E’s rates takes advantage of this information and market data on power procurement costs to develop quantitative comparisons between the CCE and PG&E opti ons. 8 Start-up costs incurred by the County or others are likely to be reimbursed by the JPA. 94 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November 2016 x MRW & Associates, LLC Conclusions Overall, a CCE in Contra Costa County appears feasible. Given current and expected market and regulatory conditions, a Contra Costa County CCE should be able to offer its residents and businesses electric rates that are less than those available from PG&E. Sensitivity analyses suggest that these results are relatively robust. Only when very high amounts of renewable energy are assumed in the CCE portfolio, combined with other negative factors, such as higher PCIA rates, higher prices for local renewable power, and lower PG&E costs, do PG&E’s rates become consistently more favorable than the CCE’s. A Contra Costa County CCE would also be well positioned to help facilitate greater amounts of renewable generation to be installed in the County. Because the CCE would have a much greater interest in developing local solar than PG&E, it is much more likely that such development would occur with a CCE in the County than without it. The CCE can also reduce the amount greenhouse gases emitted by the County if the CCE prioritizes this goal. Because PG&E’s supply portfolio has significant carbon-free generation (from large hydroelectric and nuclear generators), the CCE would need to contract for significant amounts of hydroelectric or other carbon-free power above and beyond the required qualifying renewables to reduce the County’s GHG footprint from electricity use. This analysis assumes that the CCE procures enough GHG-free generation to halve PG&E’s GHG emissions rate, subject to constraints on the minimum share of market supplies in the CCE portfolio. A CCE can also offer positive economic development and employment benefits to the County. At the peak, the CCE could create approximately 500 to 1000 new jobs in the County plus additional jobs in neighboring counties. What may be surprising is that much of the economic benefits come from reduced rates: residents and, more importantly, businesses can spend and reinvest their bill savings, and thus generate greater economic impacts. While the analytical focus of this report has been on a stand-alone Contra Costa County CCE, that is not the only choice for Contra Costa communities. Overall, there is insufficient data to suggest that a stand-alone Contra Costa CCE would offer lower rates or greater GHG savings than joining MCE or EBCE. Either forming or joining a CCE would likely offer modestly lower rates, more local economic development, and similar or lower GHG emissions than remaining with PG&E. Joining MCE would likely result in the quickest path to CCE implementation, however at a loss of local control and CCE policy formation. Because it has yet to be formed, joining with EBCE would take longer than joining the already-established MCE, but would offer greater input into the CCE’s policies and formation. Although all the CCE program options available to the jurisdictions studied would likely provide both environmental and economic benefits compared to PG&E, continuing service from PG&E remains an option for not only a community but also for any individual or business whose community has selected CCE service. PG&E is an experienced power provider and is regulated by the state. Furthermore, remaining with PG&E takes no city action. Lastly, simply because a Contra Costa community does not join a CCE in 2017 or 2018 does not necessarily preclude it from doing so in the future, although waiting may result in an “entry fee” or perhaps a high PCIA rate. 95 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 1 MRW & Associates, LLC Chapter 1: Introduction On March 15, 2016, the Contra Costa County (County) Board of Supervisors directed County staff to work with cities within the County to obtain electrical load data from the Pacific Gas and Electric Company (PG&E) for the purpose of conducting a technical study of options for implementing Community Choice Energy (CCE) within the County’s unincorporated area and the 14 cities within the County not currently participating in a CCE program. The Board of Supervisors further directed the CCE technical study to compare the following alternatives for implementing CCE to the option of remaining with current electrical service from PG&E: 1. Form a new Joint Powers Authority (JPA) of the County and interested cities within Contra Costa County for the purpose of CCE; 2. Form a new JPA in partnership with Alameda County and interested cities in both counties; and 3. Join the existing CCE program initiated in Marin County, known as Marin Clean Energy (MCE). The County and the 14 Contra Costa cities not currently participating in a CCE program all authorized the collection of load data from PG&E for this technical study. In addition, the County and the cities of Brentwood, Clayton, Concord, Martinez, Pleasant Hill, Pittsburg and San Ramon, and the Towns of Danville and Moraga, contributed funding for the completion of this study. What is a CCE? California Assembly Bill 117, passed in 2002, established Community Choice Aggregation (also known as Community Choice Energy or “CCE”) in California, for the purpose of providing the opportunity for local governments or special jurisdictions to procure or provide electric power for their residents and businesses. Under existing rules administered by the California Public Utilities Commission, PG&E must use its transmission and distribution system to deliver the electricity supplied by a CCE in a non- discriminatory manner. That is, it must provide these delivery services at the same price and at the same level of reliability to customers taking their power from a CCE as it does for its own full-service customers. By state law, PG&E also must provide all metering and billing services such that customers receive a single electric bill each month from PG&E, which would differentiate the charges for generation services provided by the CCE from the charges for PG&E delivery services. Money collected by PG&E on behalf of the CCE must be remitted in a timely fashion (e.g., within 3 business days). As a power provider, the CCE must abide by the rules and regulations placed on it by the State and its regulating agencies, such as maintaining demonstrably reliable supplies, fully cooperating with the State’s power grid operator, and meeting renewable procurement requirements. However, the State has no rate-setting authority over the CCE; the CCE may set rates as it sees fit so as to best serve its constituent customers. 96 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 2 MRW & Associates, LLC Per California law, when a CCE is formed all the electric customers within its boundaries will be placed, by default, onto CCE service. However, customers retain the right to return to PG&E service at will, subject to whatever administrative fees the CCE may choose to impose. California currently has five active CCE Programs: MCE, serving Marin County and selected neighboring jurisdictions; Sonoma Clean Power, serving Sonoma County; CleanPowerSF, serving San Francisco City and County; Peninsula Clean Energy, serving San Mateo County; and Lancaster Choice Energy, serving the City of Lancaster (Los Angeles County). Numerous other local governments are also investigating CCE formation, including Alameda County; Los Angeles County; Monterey Bay region; Santa Barbara, San Luis Obispo and Ventura Counties; and Humbolt County to name but a few. Assessing CCE Feasibility In order to assess whether a CCE is “feasible” in Contra Costa County, the local objectives must be laid out and understood. Based on the specifications of the initial request for proposals and input from the County, this study:  Quantifies the electric loads that a Contra Costa County CCE would serve;  Estimates the costs to start-up and operate the CCE;  Considers four scenarios with differing assumptions concerning the amount of GHG-free power and local renewable power being supplied to the CCE so as to assess the costs, greenhouse gas emissions reductions, and local economic development opportunities possible with the CCE;  Includes analysis of in-county renewable generation;  Compares the rates that could be offered by the CCE to PG&E’s rates;  Quantitatively explores the rate competitiveness of the four scenarios to key input variables, such as the cost of natural gas;  Calculates the macroeconomic development and employment benefits of CCE formation; and  Compares the benefits and risks of forming a CCE or joining a neighboring CCE versus remaining on PG&E bundled service. For comparison, the differences in the results between this study and that conducted for Alameda County will be described and underlying reasons explained. This study was conducted by MRW & Associates, LLC (MRW). MRW was assisted by Sage Renewables, which conducted the local renewable energy potential study, and by Economic Development Research Group, which conducted the macroeconomic and jobs analysis contained in the study. This study is based on the best information available at the time of its preparation, using publicly available sources for all assumptions to provide an objective assessment regarding the prospects of CCE operation in the County. It is important to keep in mind that the findings and recommendations reflected herein are substantially influenced by current market conditions within the electric utility industry, which are subject to sudden and significant changes. 97 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 3 MRW & Associates, LLC Chapter 2: Economic Study Methodology and Key Inputs This Chapter summarizes the key inputs and methodologies used to evaluate the cost- effectiveness and cost-competitiveness of a Contra Costa CCE relative to PG&E under different scenarios.9 It considers the regulatory requirements that a Contra Costa County CCE would need to meet (e.g., compliance with renewable portfolio standard (RPS) requirements), the resources that the County has available or could obtain to meet these requirements, and the PG&E rates against which the CCE would be compete. It also describes the pro forma analysis methodology that is used to evaluate the financial feasibility of the CCE. The load and rate forecasts go out twenty years—through 2038. While all forecasting contains an element of uncertainty, the years beyond 2030 are particularly uncertain and should be seen as broadly indicative and not predictive. Understanding the interrelationships of all the tasks and using consistent and coherent assumptions throughout are critical to developing a meaningful analysis. Figure 1 shows the analysis elements (blue boxes) and major assumptions (red ovals) and how they relate to each other. As the figure illustrates, there are numerous interrelationships between the tasks. For example, the load forecast is a function of not only the load analysis, but also of projections of economic activity in the County. Two important points are highlighted in this figure. First, it is critical that wholesale power market assumptions are consistent between the CCE and PG&E. While there are reasons that one might have lower or higher costs than the other for a particular product (e.g., CCEs can use tax-free debt to finance generation projects while PG&E cannot), both will participate in the wider Western US gas and power markets and therefore will be subject to the same underlying market forces. Applying different power cost assumptions to the CCE than to PG&E, such as simply escalating PG&E rates while deriving the CCE rates using a bottom-up approach, would produce erroneous results. Second, virtually all elements of the analysis feed into the economic and jobs assessment. As is described in detail in Chapter 5, this Study uses a state-of-the art macroeconomic model that can account for numerous activities in the economy, which allows for a much more comprehensive—and accurate—assessment than a simple input-output model. 9 The relative costs and merits of joining CCEs in neighboring counties are addressed in Chapter 7.) 98 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 4 MRW & Associates, LLC Figure 1. Task Map 99 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 5 MRW & Associates, LLC Contra Costa County Loads and CCE Load Forecasts MRW used PG&E bills from 2015 for all PG&E bundled service customers within the Contra Costa County region as the starting point for developing electrical load and peak demand forecasts for the Contra Costa County CCE program.10 Figure 2 provides a snapshot of Contra Costa County bundled load in 2015 by city and by rate class. PG&E’s total electricity load in 2015 from these customers was approximately 4,000 GWh.11 The unincorporated areas of the county represented 25% of county load, and the cities of Concord and Pittsburg were together responsible for another 25%. Residential and commercial customers made up most of the County load, with smaller contributions from the industrial and public sectors (Figure 3). This same sector-level distribution of load is also apparent at the jurisdictional level for most cities, except for the city of Pittsburg, which has a significant industrial-sector footprint. Figure 2. PG&E’s 2015 Bundled Load in Contra Costa County by Jurisdiction and Rate Class 10 Detailed monthly usage data provided by PG&E to Contra Costa County. “Bundled” load includes only load for which PG&E supplies the power; it excludes load from Direct Access customers, load in the jurisdiction of another CCA provider, and load met by customer self-generation. This excludes load originating in the cities of El Cerrito, Lafayette, Richmond, San Pablo, and Walnut Creek, which are served by Marin Clean Energy. 11 As determined from bill data provided by PG&E. 100 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 6 MRW & Associates, LLC Figure 3. PG&E’s 2015 Bundled Load in Contra Costa County by Rate Class To estimate CCE loads from PG&E’s 2015 bundled loads, MRW assumed a CCE participation rate of 85% (i.e., 15% of customers opt to stay with PG&E) and a three-year phase in period from 2018 to 2020, with 33% of potential CCE load included in the CCE in 2018, 67% in 2019, and 100% in 2020. To forecast CCE loads through 2038, MRW used a 0.4% annual average growth rate, consistent with the California Energy Commission’s most recent electricity demand forecast for PG&E’s planning area.12 The CCE load forecast is summarized in Figure 4, which shows annual projected CCE loads by class. To estimate the CCE’s peak demand in 2015,13 MRW multiplied the load forecast for each customer class by PG&E’s 2015 hourly ratio of peak demand to load for that customer class.14 MRW extended the peak demand forecast to 2038 using the same growth rates used for the load forecast. The peak demand forecast is summarized in Figure 5. 12 California Energy Commission. Form 1.1c California Energy Demand Updated Forecast, 2015 - 2025, Mid Demand Baseline Case, Mid AAEE Savings. January 20, 2015 http://www.energy.ca.gov/2014_energypolicy/documents/demand_forecast_cmf/LSE_and_BA/ 13 Peak demand is the maximum amount of power the CCE would use at any time during the year. It is measu red in megawatts (MW). The CCE must have enough power plants on (or contracted with) at all times to meet 115% of the expected peak demand. 14 Data obtained from PG&E’s dynamic load profiles for Public, Industrial, Commercial and Residential customers (https://www.pge.com/nots/rates/tariffs/energy_use_prices.shtml) and static load profiles for Pumping and Streetlight customers (https://www.pge.com/nots/rates/2016_static.shtml#topic2). 101 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 7 MRW & Associates, LLC Figure 4: CCE Load Forecast by Class, 2018-203815 Figure 5. CCE Peak Demand Forecast, 2017-2038 15 Load forecasted assumes 85% participation and three -year phase-in. 102 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 8 MRW & Associates, LLC CCE Supplies The CCE’s primary function is to procure supplies to meet the electrical loads of its customers. This requires balancing energy supply and demand on an hourly basis. It also requires procuring generating capacity (i.e. the ability to provide energy when needed) to ensure that customer loads can be met reliably.16 In addition to meeting the energy and capacity needs of its customers, the CCE must meet other procurement objectives. By law, the CCE must supply a certain portion of its sales to customers from eligible renewable resources. This Renewable Portfolio Standard (RPS) requires 33% renewable energy supply by 2020, increasing incrementally to 50% by 2030. According to PG&E’s Diablo Canyon nuclear plant retirement application, PG&E may commit to purchasing additional renewable supply, targeting up to 55% of the total generation between 2030 and 2038, which the CCE would presumably at least match. The CCE may additionally choose to source a greater share of its supply from renewable sources than the minimum requirements, or may seek to otherwise reduce the environmental impact of its supply portfolio. The CCE may also use its procurement function to meet other objectives, such as sourcing a portion of its supply from local projects to promote economic development in the County. The Contra Costa County CCE would be taking over these procurement responsibilities from PG&E for those customers who do not opt out of the CCE to remain bundled customers of PG&E. To retain customers, the CCE’s offerings and rates must compete favorably with those of PG&E. The CCE’s specific procurement objectives, and its strategy for meeting those objectives, will be determined by the CCE through an implementation plan, startup activities, and ongoing management of the CCE. A primary purpose of this portion of the study is to assess the feasibility of establishing a CCE to serve Contra Costa County based on a forecast of costs and benefits. This forecast requires making certain assumptions about how the CCE will operate and the objectives it will pursue. To address the uncertainty associated with these assumptions, we have evaluated four different supply scenarios and have generally made conservative assumptions about the ways in which the CCE would meet the objectives discussed above. In no way does this study prescribe actions to be taken by the CCE should one be established. The four supply scenarios that we considered in this analysis are summarized in Table 1 and described as follows: 1. Minimum RPS Compliance: The CCE meets the mandated 33% RPS requirement in 2020 and the 50% RPS requirement in 2030, plus the 55% RPS target after 2030. Annual GHG emissions from the CCE portfolio are halved relative to PG&E’s bundled portfolio 16 The California Public Utilities Commission (CPUC) requires that CCEs and other load serving entities demonstrate that they have procured resource adequacy capacity to meet at least 115% of their expected peak load. Since Contra Costa County falls within the Greater Bay Area Local Reliability Area, the Contra Costa County CCE must also meet its share of local resource adequacy requirements. 103 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 9 MRW & Associates, LLC through the addition of large hydroelectric power purchases, subject to a constraint that 5% of the CCE supply come from non-renewable market sources.17 2. Accelerated RPS: The CCE’s supply portfolio is set at 50% RPS in the first year and increases to 80% RPS by 2030. As in Scenario 1, the remaining supply is a mix of hydroelectric power and market purchases aimed at halving PG&E’s annual emissions subject to a 5% minimum supply from market purchases. 3. Minimum RPS Compliance plus Local: The CCE meets the mandated 33% RPS requirement in 2020 and the 50% RPS requirement in 2030, plus the 55% RPS target after 2030. In addition, 50% of the total RPS generation is provided by local resources by 2030. Large hydroelectric and market supplies, and thus GHG emissions, are the same as in Scenario 1. 4. Accelerated RPS plus Local: The CCE’s supply portfolio is set at 50% RPS in the first year and increases to 80% RPS by 2030. In addition, 50% of the total RPS generation is provided by local resources by 2030. Large hydroelectric and market supplies, and thus GHG emissions, are the same as in Scenario 2. Table 1: RPS-Eligible Procurement and GHG Emissions in Each Scenario18 Scenario 1 Scenario 2 Scenario 3 Scenario 4 Percent RPS-Eligible in 2020 33% 50% 33% 50% Percent RPS-Eligible in 2030 50% 80% 50% 80% Share of RPS-Eligible from Local Resources 0% 0% 50% 50% GHG Emissions compared to PG&E 50% Lower 54% Lower 50% Lower 54% Lower To evaluate these scenarios, we assumed a simple portfolio consisting of RPS-eligible resources and additional GHG-free resources in an amount dictated by the particular scenario, with the balance of supply provided by non-renewable wholesale market purchases. In each case, we 17 For all scenarios we assume a minimum 5% non-renewable market supply to reflect operating constraints that require flexible, dispatchable generation on the system and in local areas. The CCE may be able to reduce emissions further through the use of energy storage or other measures to reduce the need for non -renewable power supplies, likely at additional cost. 18 Customer-sited solar is not considered RPS-eligible in California and is not included in the RPS procurement in these scenarios. Customer-sited solar is incorporated in this analysis as a reduction to the CCE’s load. 104 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 10 MRW & Associates, LLC assumed that the RPS portfolio was predominately supplied with solar and wind resources, which are currently the low-cost sources of renewable energy. We assumed that solar and wind each contributes 45% of the renewable energy supply on an annual basis. To provide resource diversity and partly address the need for supply at times when solar and wind production are low, we assumed the remaining 10% of renewable supply would be provided by higher-cost baseload resources, such as geothermal or biomass. In the early years, the CCE would have to purchase its required renewable power from the market and existing resources. However, the study assumes that the CCE would contract with new renewable resources, such that by 2030 most of its renewable power would come from new resources. Figures 6 and 7 show the assumed build-out of these new resources under the first (Minimum RPS Compliance) and the fourth (Accelerated RPS plus Local) scenarios described above. Figure 6. Senario 1 CCE Build-Out 105 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 11 MRW & Associates, LLC Figure 7. Scenario 4 CCE Build-Out Power Supply Cost Assumptions As discussed above, the CCE would procure a portfolio of resources to meet its customers’ needs, which would consist of a mix of renewable and non-renewable (i.e., wholesale market) resources. As shown in Figure 8, the products to be purchased by the CCE consist generally of energy, capacity and renewable attributes (which for counting purposes take the form of renewable energy credits, or RECs).19 19 RECs are typically bundled with energy deliveries from renewable energy projects, with each REC representing 1 MWh of renewable energy. A limited number of unbundled RECs may be used to meet RPS requirements. For the purpose of this study we have not considered unbundled RECs and have rather estimated costs based on renewable energy contracts where the RECs are bundled. 106 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 12 MRW & Associates, LLC Figure 8. Power Supply Cost Elements The CCE will procure supplies from the same competitive market for resources as PG&E. Thus, we assume that the costs for renewable and non-renewable energy and for resource adequacy (RA) capacity for the CCE are the same as for new purchases made by PG&E (discussed further in our forecast of PG&E rates). Wholesale market prices for electricity in California are largely driven by the cost of operating natural gas power plants, since these plants typically have the highest operating costs and are the marginal units. Market prices are a function of the efficiency of the marginal generators, the price of natural gas and the cost of GHG allowances. MRW developed forecasts of these elements to derive a power price forecast to determine costs for the CCE and PG&E. Large hydroelectric power prices are based on the market price forecast with a 10% premium to reflect the value of GHG benefits, flexibility and increasing demand from load serving entities seeking clean power like the CCE. Capacity prices are based on prices for RA contracts reported by the CPUC and on the cost to build a new combustion turbine power plant. MRW developed a forecast of non-local utility scale renewable generation prices starting from an assessment of the current market price for renewable power. For the current market price, MRW relied on wind and solar contract prices reported by California municipal utilities and CCEs in 2015 and early 2016, finding an average price of $49/MWh for the solar contracts, $55/MWh for wind power and $80/MWh for geothermal.20 We used these prices as the starting point for our forecast of CCE renewable energy procurement costs. For geothermal, which is a relatively mature technology, we assumed that new contract prices would simply escalate with inflation. 20 MRW relied exclusively on prices from municipal utilities and CCEs because investor -owned utility contract prices from this period are not yet public. We included all reported wind and solar power purchase agreements, excluding local builds (which generally come at a price premium), as reported in California Energy Markets, an independent news service from Energy Newsdata, from January 2015-January 2016 (see issues dated July 31, August 14, October 16, October 30, 2015, and January 15, 2016). Power Supply Costs Renewable Power Energy Excess Supply Capacity RECs Non- Renewable Power Energy Natural Gas Greenhouse Gas Allowances Capacity 107 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 13 MRW & Associates, LLC Solar and wind prices are a function of technology costs, which have generally been declining over time; financing costs, which have been very low in recent years; and tax incentives, which significantly reduce project costs, but phase out over time. In the near-term we would not expect prices to increase as technology costs and continued tax incentives provide downward pressure and likely offset any increase in financing costs or other competitive pressure from an increasing demand for renewable energy in California. For utility scale wind prices, we relied on an expert elicitation survey21 developed by Lawrence Berkeley National Laboratory (LBNL). According to this survey, wind prices will decrease 24% by 2030 and 35% by 2050.22 For solar, we held prices constant in nominal dollars through 2020. Beyond 2020, with increasing competitive pressure due to the drive to a 50% RPS and the anticipated phase-out of federal tax incentives (offset in part by declining technology costs), we would expect prices to increase somewhat and have assumed they escalate at the rate of inflation. In addition, we also considered a high solar cost scenario based on work performed by LBNL on the value of tax incentives. In the high scenario, we assume that costs increase with the phase-out of federal tax incentives, without being offset by declining technology costs. Figure 9 shows the resulting solar price forecasts for the two scenarios. Figure 9. Large-Scale Non-Local Solar Price Forecast Local Solar Analysis Pivotal to the evaluation of the local economic impacts of a Contra Costa CCE is an understanding how much renewable energy can be developed within the County. This 21 “Expert elicitation survey on future wind and energy costs,” Nature Energy, September 12, 2016. 22 Relative to the 2014 wind prices. MRW also added the annual inflation increase. 108 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 14 MRW & Associates, LLC assessment focused on identifying local solar photovoltaic (PV) siting potential. Wind and biomass energy were also evaluated, but were determined to be less feasible for Contra Costa County. The solar PV assessment is based on a comprehensive desktop review of countywide parcel data, geographic features and solar energy potential. Table 2 shows the total solar PV generation capacity within the County based on the methodology and assumptions described below. Table 2. Total PV Solar Generation Potential and Build Cost Ground Mount Shade Structure Roof Mounted Total PV Capacity (MW23) 1,891 1,320 144 3,355 PV Production (GWh) 3,025 2,113 230 5,369 Build Cost ($ Millions) $3,417 $3,977 $371 $7,660 Build Cost ($/Watt) $1.99 $3.10 $2.62 $2.56 No of PV Systems 845 886 144 1,875 Generation capacity was determined for the three types of possible solar PV installations: Ground Mount, Shade Structure/Carport, and Roof Mount. The findings show that the County has a solar PV generation capacity of 3,355 MW and annual solar electricity production potential of 5,369 GWh. Figure 10 shows the aggregate Solar PV supply curve for all County jurisdictions. 23 Local solar PV capacity measured at the panel (i.e., pre-inverter). 109 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 15 MRW & Associates, LLC Figure 10. Aggregate Solar PV Supply Cost Curve, All County Siting Analysis To assess the potential locations in Contra Costa County where solar PV could be developed, this study utilized a Geographic Information System (GIS)-based desktop review, incorporating aerial imagery and land-based data. The collected data was analyzed and potential solar PV development sites were identified from criteria established through industry knowledge and input from County stakeholders. The agreed upon criteria are as follows:  The minimum acceptable parcel size is three acres. Smaller parcels will not be able to hold an economically viable project. If a potential solar PV system size is below 500 kW it was excluded from the list of potentially feasible sites and overall solar energy capacity.24 Again, this measure ensures only realistic and economically feasible sites are identified.  Based on input from the County, only specific tax codes and zoning areas were evaluated. For example, areas such as Open Space or Parks have sufficient land area for solar PV 24 Residential and other small rooftop solar are accounted for in the California Energy Commission sales forecast used to develop the CCE’s demand forecast. 110 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 16 MRW & Associates, LLC projects, but zoning restrictions would not allow for the development of these projects, and these areas were removed from the approved scope.  In addition, to size and tax/zoning code designations, areas with poor ground quality (marshland), excessive tree density or excessive sloping would prohibit cost-effective solar PV development and were removed from the analysis.  Lastly, sites with existing solar were removed from the pool of potential parcels/sites. Within each identified parcel is the potential for three different types of solar PV development. On impervious land, such as a parking lot, it was assumed that solar PV carports would be installed. On grassland or bare land areas, this analysis assumed a ground-mounted solar PV system would be installed. Lastly, roof-mounted solar PV was assumed for any buildings found in the parcel data that matched the approved criteria. Countywide, 92% of potential installation sites were found to be either carport or ground-mount sites, with only 8% of the sites amenable to roof-mounted PV (Figure 11). The size of the estimated solar PV system was found by analyzing the total land area against the needed land required for solar PV development. Figure 11. Potential Solar PV Sites by Installation Type This study found 1,395 parcels that met the established criteria and 1,875 individual sites within the identified parcels where either a solar shade structure, rooftop or ground-mounted system could be developed. Table 3 shows the individual sites organized by type of solar PV system for each jurisdiction in Contra Costa County.25 25 For maps, please see https://www.dropbox.com/s/cb3rig66shny68j/Contra%20Costa%20CCE%20Solar%20Sitin g%20DRAFT%20Repor t%20SA%202016-11-15%20Reduced%20Size.pdf?dl=0. Carport 47% Ground- mount 45% Rooftop 8% 111 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 17 MRW & Associates, LLC This assessment also calculated the amount of solar energy production for each of the potential sites identified. The amount of energy production was found by multiplying the estimated system size by an average solar yield. The average solar energy yield was created by designing sample projects that matched the estimated system size in the solar software platform Helioscope. Because Contra Costa County has a variety of solar exposure, multiple sites across the County were designed/tested to find an average yield. Based on our testing, the average yield for Contra Costa County is 1,600 (kWh/kW). The resulting amount of potential PV production per jurisdiction is also provided in Table 3. Table 3. Potential PV Production and Build Cost by Location Jurisdiction PV Potential (MW) PV Production (GWh) Build Cost ($ Millions) Alamo 14 23 $30,779,000 Antioch 462 739 $1,010,374,000 Brentwood 287 460 $599,685,000 Clayton 38 62 $71,171,000 Concord 370 593 $900,603,000 Crockett 58 93 $125,187,000 Danville 80 129 $177,801,000 El Cerrito 29 48 $73,161,000 El Sobrante 19 31 $42,020,000 Hercules 90 144 $200,511,000 Lafayette 8 13 $23,641,000 Martinez 313 502 $654,701,000 Moraga 24 39 $55,957,000 Oakley 121 194 $285,786,000 Orinda 22 36 $43,554,000 Pinole 47 77 $126,870,000 Pittsburg 314 502 $705,202,000 Pleasant Hill 60 96 $164,364,000 Port Costa 8 13 $13,501,000 Richmond 502 804 $1,261,541,000 Rodeo 35 57 $85,874,000 San Pablo 191 307 $459,784,000 San Ramon 158 254 $384,634,000 Walnut Creek 95 152 $269,795,000 Grand Total 3,355 5,369 $7,766,496,000 112 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 18 MRW & Associates, LLC Ranking After the feasible solar sites and the corresponding solar PV capacity were identified, each site was ranked. The ranking was weighted based on how important it was to the actual feasibility of developing the site for solar PV and based on input from County stakeholders. The ranking consisted of the following measures: Figure 12. Weighted Ranking Categories An overall ranking score was then applied to each individual site to illustrate the best and worst sites for solar PV development. Sites were then grouped in tiers one through five, with one being the best. In addition to the ranking score, industry knowledge indicates the best sites to develop a feasible solar PV project will be larger than 1 MW, located on government land and will be a ground-mounted solar array, the most cost-effective installation type. Below is a table showing the key characteristics of the ranking analysis. Table 4. Ranking Values for All Sites Ranking Tier Sum of PV Production (GWh) Sum of Total Price Average Price per Watt 1 1,309 $1,591,810,000 $2.13 2 1,167 $1,578,770,000 $2.37 3 1,105 $1,622,236,000 $2.57 4 868 $1,251,547,000 $2.56 5 919 $1,722,142,000 $3.07 Carport 47% Ground- mount 45% Rooftop 8% 113 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 19 MRW & Associates, LLC Local Solar Modeled in the CCE Scenarios To estimate the contribution of local solar to Contra Costa CCA's supply costs, we used the supply curve shown in Figure 10. To translate the $/kW costs in the figure to $/MWh generation costs, we used the pro forma model contained in the CPUC's RPS Calculator and the cost and performance assumptions provided by Sage for the County. For example, the lowest-cost projects at $1350/kW were estimated to have a generation cost of $68/MWh. The generation cost was assumed to scale with installed cost. Since it is unlikely that all of the identified sites would be developed in order of their increasing cost (and some sites may never be developed regardless of economics), we assumed that 50% of the capacity identified in the cost curve would be developed for the purpose of conservatively estimating average costs at each level of local solar penetration. We calculated the average price for the cumulative developed capacity forecast for each year (again, counting only 50% of the capacity of each developed project towards the cumulative total). For Scenarios 3 and 4, we assumed that 50% of the CCA's RPS supply would be provided by local solar by 2027, adding 620 MW of local solar under Scenario 3 and 990 MW under Scenario 4 by 2030. (Scenarios 1 and 2 do not include any local solar.) Greenhouse Gas Costs MRW estimated that the price of GHG allowances would equal the auction floor price stipulated by the California Air Resources Board’s cap-and-trade regulations, consistent with recent auction outcomes.26 Table 5. GHG Allowances price27 Total GHG costs were calculated by multiplying the allowance price by the amount of carbon emitted per megawatt-hour for each assumed resource. For “system” purchases, MRW assumed that the GHG emissions corresponded to a natural gas generator operating at the market heat rate. This worked out to be, on average over 2018-2038, approximately $1.5/MWh delivered.28 Other CCE Supply Costs The CCE is expected to incur additional costs associated with its procurement function. For example, if the CCE relies on a third-party energy marketing company to manage its portfolio it will likely incur broker fees or other expenses equal to roughly 5% of the forecasted contract costs. The CCE would also incur costs charged by the California Independent System Operator (CAISO) for ancillary services (activities required to ensure reliability) and other expenses. 26 California Code of Regulations, Title 17, Article 5, Section 95911 . Auction results available at http://www.arb.ca.gov/cc/capandtrade/auction/results_summary.pdf. 27 For 2017, the amount listed corresponds to the GHG allowance price for PG&E according to the most recent ERRA 2017 update. Pacific Gas & Electric ERRA 2017, A.16-06-003, Testimony November 2, 2016, Table 12-1. 28 The amount GHG emissions will depend on the generation portfolio. $1.5/MWh corresponds to the GHG emissions costs under Scenario 1. 2017 2018 2019 2025 2030 2035 2038 $/tonne 13.2 14.7 15.9 24.4 34.7 49.8 61.8 114 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 20 MRW & Associates, LLC MRW added 5.5% to the CCE’s power supply cost to cover these CAISO costs. Finally, we added an expense associated with managing the CCE’s renewable supply portfolio. Based on an analysis of the expected CCE load shape and the typical generation profile of California solar and wind resources, we observed that there will be hours in which the expected deliveries from renewable contracts will be greater than the CCE’s load in that hour. This results from the amount of renewable capacity that must be contracted to meet annual RPS targets and the variability in renewable generation that leads to higher deliveries in some hours and lower deliveries in other hours. When high renewable energy deliveries coincide with low loads, the CCE will need to sell the excess energy, likely at a loss, or curtail deliveries, and potentially have to make up those renewable energy purchases during higher load hours to comply with the RPS. The result is that the procurement costs will be somewhat higher than simply contracting with sufficient capacity to meet the annual RPS. PG&E Rate and Exit Fee Forecasts MRW developed a forecast of PG&E’s bundled generation rates and CCE exit fees in order to compare the projected rates that customers would pay as Contra Costa County CCE customers to the projected rates and fees they would pay as bundled PG&E customers. PG&E Bundled Generation Rates To ensure a consistent and reliable financial analysis, MRW developed a 20-year forecast of PG&E’s bundled generation rates using market prices for renewable energy purchases, market power purchases, greenhouse gas allowances, and capacity that are consistent with those used in the forecast of Contra Costa County CCE’s supply costs. MRW additionally forecast the cost of PG&E’s existing resource portfolio, adding in market purchases only when necessary to meet projected demand. MRW assumed that near-term changes to PG&E’s generation portfolio would be driven primarily by increases to the Renewable Portfolio Standard requirement in the years leading up to 2030 and by the retirement of the Diablo Canyon nuclear units at the end of their current license periods in 2024 and 2025. More information about this forecast is provided in Appendix B. MRW forecasts that, on average, PG&E’s generation rates will increase faster than inflation through 2038, with 2038 rates more than 20% higher than today’s rates when considered on a constant dollar basis (i.e., assuming zero inflation). Underlying this result are three distinct rate periods: 1. An initial period of faster rate growth from 2018 to 2022 (1% annually above inflation); 2. A period of rate decline from 2023 to 2025 (3.5% annually below inflation), primarily due to the retirement of Diablo Canyon29; and 3. A period of steeper rate growth between 2026 and 2030 (3.5% annually above inflation), primarily due to the replacement of Diablo Canyon with more expensive resources: energy efficiency, renewable generation, and fuel-fired generation. In addition, the retirement of Diablo Canyon increases the demand in capacity with a consequent increase in capacity prices. 29 More information can be found in the Appendix C 115 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 21 MRW & Associates, LLC 4. A final period of moderate rate growth through 2038 (1% annually above inflation), primarily due to the replacement of high-cost renewable power contracts currently in PG&E’s portfolio with new lower-priced contracts (reflecting the significant fall in renewable power prices in recent years). PG&E’s bundled generation rates in each year of MRW’s forecast are shown in Figure 13, on both a nominal and constant-dollar basis. Figure 13: PG&E Bundled Generation Rates, nominal and constant-dollar forecasts PG&E Exit Fee Forecast In addition to the bundled rate forecast, MRW developed a forecast of the Power Charge Indifference Adjustment (“PCIA”), which is a PG&E exit fee that is charged to CCE customers. The PCIA is intended to pay for the above-market costs of PG&E generation resources that were acquired, or which PG&E committed to acquire, prior to the customer’s departure to CCE. The total cost of these resources is compared to a market-based price benchmark to calculate the “stranded costs” associated with these resources, and CCE customers are charged what is determined to be their fair share of the stranded costs through the PCIA. MRW forecasted the PCIA charge by modeling expected changes to PCIA-eligible resources and to the market-based price benchmark through 2038, using assumptions consistent with those used in the PG&E rate model. Based on our modelling, we expect the PCIA to decline in most years until it drops off completely around 2034. MRW’s forecast of the residential PCIA charge through 2038 is summarized in Table 6. 116 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 22 MRW & Associates, LLC Table 6. PG&E Residential PCIA Charges 2018 2019 2020 2025 2030 2035 2038 ¢/kWh 2.4 1.9 2.3 1.3 0.5 0.0 0.0 Pro Forma Elements and CCE Costs of Service MRW conducted a pro forma analysis to evaluate the expected financial performance of the CCE and the CCE’s competitive position vis a vis PG&E. The analysis was conducted on a forward- looking basis from the expected start of CCE operations in 2018 through the year 2038, with several cases considered to address uncertainty in future circumstances. Pro Forma Elements Figuer 14 provides a schematic of the pro forma analysis, outlining the input elements of the analysis and the output results. The analysis involves a comparison between the generation- related costs that would be paid by Contra Costa County CCE customers and the generation- related costs that would be paid by PG&E bundled service customers. Costs paid by CCE customers include all CCE-related costs (i.e., supply portfolio costs and administrative and general costs) and exit fee payments that CCE customers will be required to make to PG&E. As discussed in previous sections, supply portfolio costs are informed and affected by CCE loads, by the requirements the CCE will need to meet (or will choose to meet) such as with respect to renewable procurement, and by CCE participation levels, which can vary depending on whether or not all cities in the County choose to join the CCE. Administrative and general costs are discussed further below. 117 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 23 MRW & Associates, LLC Figure 14. Pro forma Analysis Startup Costs Table 7 shows the estimated CCE startup costs. They are based on the experience of existing CCEs as well as from other CCE technical and feasibility assessments. Working capital is set to equal one hundred days of CCE revenue30, or approximately $22 million. This amount would cover the timing lag between when invoices for power purchases (and other account payables) must be remitted and when income is received from the customers. Initially, the working capital is provided to the CCE on credit from a bank. Typical power purchase contracts require payment for the prior month’s purchases by the 20th of the current month. Customers’ payments are typically received 60 to 90 days from when the power is delivered. These startup costs are assumed to be financed over 5 years at 5% interest. 30 The working capital has been calculated in base to Scenario 1. Inputs: selection of cities, scenarios, and sensitivity cases Load Forecast PG&E Generation Rate Forecast Supply Costs Forecast Adm. Costs Forecast Assessment of CCE viability and CCE customer rates vs. PG&E customer rates (also accounts for reserve fund contributions) Exit fees Forecast Local renewable cost forecast Generation Rates paid by Contra Costa County CCE Customers (also accounts for debt interest) 118 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 24 MRW & Associates, LLC Table 7. Estimated Start-Up Costs Item Cost Technical Study $200,000 JPA Formation/Development $100,000 Implementation Plan Development $50,000 Power Supplier Solicitation & Contracting $75,000 Staffing $700,000 Consultants and Legal Counsel $400,000 Marketing & Communications $250,000 PG&E Service Fees $75,000 CCA Bond $100,000 Miscellaneous $300,000 Total $2,250,000 Working Capital $21,500,000 Total $23,750,000 Administrative and General Cost Inputs Administrative and general costs cover the everyday operations of the CCE, including costs for billing, data management, customer service, employee salaries, contractor payments, and fees paid to PG&E. MRW conducted a survey of the financial reports of existing CCEs to develop estimates of the costs that would be faced by a Contra Costa County CCE. Administrative and general costs are phased in from 2018 to 2020, as the CCE operations expand to cover the entire territory of the County; after that, costs are escalated by 2% each year to account for the effects of inflation. Administrative and general costs are unchanged under the three renewable level scenarios, but do vary based on how many cities join the CCE and the number of participating customer accounts. As previously mentioned, a 15% opt-out rate has been assumed for customer participation. Cost of Service Analysis and Reserve Fund To determine annual CCE costs and the rates that would need to be charged to CCE customers to cover these costs, MRW summed the two categories of CCE costs (i.e., supply portfolio costs, and administrative and general costs) and added in debt financing to cover start-up costs and initial working capital. Financing was assumed to be for a five-year period at an interest rate of 5%. These costs were divided by projected CCE loads to develop the average rate the CCE would need to charge customers to cover its costs (“minimum CCE rate”). To establish the Contra Costa County CCE rate, MRW adjusted the minimum CCE rate, if needed, based on the competitive position of the CCE. In particular, when the total CCE 119 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 25 MRW & Associates, LLC customer rate (i.e., the minimum CCE rate plus the PG&E exit fee) was below the projected PG&E generation rate,31 MRW increased the minimum CCE rate up to the amount needed to meet the reserve refund targets while still maintaining a discount. MRW used the surplus CCE revenue from these rate increases (“Reserve Fund”) in order to maintain Contra Costa County CCE competitiveness with PG&E rates in years in which total CCE customer rates would otherwise be higher than PG&E generation rates.32 31 For this analysis, MRW used the average of the projected PG&E generation rates across all rate classes, weighted by the projected Contra Costa County CCE load in each rate class. 32 MRW applied a Reserve Fund cap of 15% of the annual operating cost. After this cap was reached, no further rate increases were applied for the purpose of Reserve Fund contributions. 120 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 26 MRW & Associates, LLC Chapter 3: Cost and Benefit Analysis As described in the prior chapter, as part of the pro forma analysis, MRW calculated Contra Costa County CCE rates that would, where feasible, cover CCE costs and maintain long-term competitiveness with PG&E. This chapter uses those rates to compare the costs and benefits of the Contra Costa County CCE across four scenarios: (1) Minimum RPS Compliance, (2) Accelerated RPS, (3) Minimum RPS Compliance plus Local Procurement, and (4) Accelerated RPS plus Local Procurement. Costs and benefits are evaluated by comparing total CCE customer rates (including PG&E exit fees) to PG&E generation. Scenario 1 (Minimum RPS Compliance) Under Scenario 1, the Contra Costa County CCE meets all RPS requirements (including California State Senate Bill 350 and Diablo Canyon retirement proposal requirements), and 35% of the total load over the 20-year period is met through large hydroelectricity33. CCE Average Costs Figure 15 summarizes the results of this scenario. The vertical bars represent the total Contra Costa County CCE customer rate and the green line represents a comparable PG&E generation rate.34 Non-renewable generation (including large hydroelectric) is responsible for the bulk of the CCE's costs. Renewable generation costs will continue to increase throughout the forecast period due to the increasing RPS standards. Regarding customer costs, the PCIA exit fee is expected to decrease after 2020. Finally, the GHG allowance purchases represent a small portion of the total costs because 60% of the non-renewable generation is met by hydroelectricity. This non-carbon emitting resource therefore limits the need to purchase GHG allowances. Note that this figure and the analogous ones to follow do not account for contributions to a rate reserve fund or other potential CCE activities such as efficiency or other community programs. Under Scenario 1, the differential between PG&E generation rates and Contra Costa County CCE customer rates is positive in each year (i.e., CCE rates are lower than PG&E rates). As a result, Contra Costa County CCE customers’ average generation rates (including contributions to the reserve fund) can be set at a level that is lower than PG&E’s average customer generation rate in each year. The annual differential between the PG&E rate and the total CCE customer rate is expected to vary significantly over the course of this period (Figure 15). During the initial period from 2018-2022, the differential between the two rates increases (i.e., the CCE becomes more cost-competitive) as PG&E’s rates rise, and the exit fees charged to Contra Costa County CCE customers fall as PG&E-owned gas plants expire from PCIA eligibility. Beginning in 2024, the rate differential narrows due to a decrease in PG&E generation rates stemming from the closure of the Diablo Canyon nuclear plant. After 2026, the difference between the two rates is expected to increase as PG&E’s generation rates continue to increase and exit fees decline with the expiration of additional resources from PCIA eligibility. 33 60% of the non-RPS generation in average for 2018-2038. 34 All rates are in nominal dollars 121 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 27 MRW & Associates, LLC Figure 15. Scenario 1 Forecast Average CCE Cost and PG&E Rates, 2018-203835 Residential Bill Impacts Table 8 shows the average annual savings for Residential customers under Scenario 1. The average annual bill for the residential customer on the Contra Costa County CCE program will be on average 8% lower than the same bill on PG&E rates. Note that these rate impacts assume that a rate stabilization reserve is funded during the first few years of the CCE’s existence. Table 8. Scenario 1 Savings for Residential CCE Customers Residential Monthly Consumption (kWh) Bill with PG&E ($) Bill with Contra Costa County CCA ($) Savings ($) Savings (%) 2018 500 121 121 0 0% 2020 500 129 124 5 4% 2030 500 189 171 18 10% 2038 500 254 227 27 11% 35 This chart doesn’t include the reserve fund. 122 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 28 MRW & Associates, LLC Greenhouse Gas Emissions Under Scenario 1, we model the Contra Costa County CCE to be 50% below PG&E’s GHG emission rate. It can meet this goal by using large hydroelectric power to meet 35% of its resource needs (60% of the non-RPS load). Though this large hydro power would not qualify for RPS requirements, it is nevertheless a non-carbon emitting resource. Figure 16 shows Contra Costa CCE’s generation portfolio mix (vertical bars) and GHG emissions rate (brown line) under Scenario 1, along with PG&E’s GHG emissions rate for comparison (blue line). Additional GHG savings can occur if additional renewables are added to the portfolio (see Scenarios 2 and 4) or if a greater fraction of GHG-free resources (like large hydro) is used. PG&E GHG emissions are relatively low due to the diversity in PG&E’s electric mix. In addition to renewable generation, over 40% of PG&E’s supply portfolio is made up of nuclear and large hydroelectric generation, both of which are considered GHG-free generation technologies. PG&E’s GHG emissions rate is expected to fall between 2018 and 2020 due to increases in RPS procurement. In 2025, the retirement of the Diablo Canyon nuclear generation plant is expected to more than double PG&E’s GHG emission rate as the utility increases its gas-fired generation to make up for a share of the loss.36 In the following years PG&E’s GHG emissions are expected to decrease as PG&E ramps up renewable procurement to meet its mandated RPS goals and the additional RPS procurement required under the Diablo Canyon retirement proposal.37 In this scenario, the CCA’s emissions rate is set to be approximately 50% of PG&E’s in each year, subject to a 5% minimum supply from market purchases. 36 Even if PG&E replaces the nuclear generation with renewable power and other GHG -free resources, as proposed, the new renewable resources will need to be balanced by flexible resources, which are likely to be at least in part provided by fossil-fueled power and which will therefore increase PG&E’s GHG emissions. 37 Starting in 2030, the required RPS increases from 50% to 55% under PG&E’s proposal. 123 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 29 MRW & Associates, LLC Figure 16. Scenario 1 Contra Costa County CCE Supply Portfolio (vertical bars) and GHG Emissions (lines) (“Normal” PG&E Hydro Conditions) Scenario 2 (Accelerated RPS) Scenario 2, from a renewable procurement perspective, is a more aggressive scenario. Under this scenario, the Contra Costa County CCE starts with 50% of its load served by renewable sources in 2018, and rapidly increases to 80% of its load served by renewable sources in 2030. In addition, between 2018 and 2038 Contra Costa County will provide an average of 20% of its supply though large hydroelectric sources38. CCE Average Costs Figure 17 summarizes the results for this scenario. The vertical bars represent the Contra Costa County CCE customer rate, and the green line represents the PG&E generation rate. In this scenario, the renewable power cost is the single largest element of the CCE rate, reflecting the higher renewable content of this scenario. Non-renewable generation and the PCIA exit fee are the second and third most expensive components, respectively. As in Scenario 1, the PCIA exit fee is expected to decrease in most years beginning in 2020. Because of this scenario's larger share of GHG-free generation between 2028 and 2038, the GHG allowance purchases are an even lower portion of the total costs. Compared to Scenario 1, Scenario 2 exhibits a lower differential between PG&E's and the CCE's customer generation rates between 2018 and 2033. After 2033, the price of renewable generation is expected to undercut the wholesale electricity market for non-RPS supplies, rendering a higher differential in Scenario 2 than in Scenario 1. With respect to PG&E's rates, this differential will 38 50% of the non-RPS generation for 2018-2028 124 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 30 MRW & Associates, LLC continue to follow a similar pattern: positive for all years from 2018 to 2038. And as was the case in Scenario 1, Scenario 2 enables the CCE to reliably price its average generation rates lower than those of PG&E. Figure 17. Scenario 2 Forecast Average CCE Cost and PG&E Rates, 2018-203839 Residential Bill Impacts Table 9 summarizes the average annual savings for residential customers under Scenario 2. For the 2018-2038 period, the average annual bill for a residential customer of the Contra Costa County CCE program will be 8% lower than the same bill under PG&E rates. This is a little less than, but close to, the bill savings under Scenario 1. Note that these rate impacts assume that a rate stabilization reserve is funded during the first few years of the CCE’s existence. Thus, even though a “gap” between the CCE costs and PG&E rates can be seen in Figure 17, the bill savings in 2018 is zero, as the additional CCE funds are assume to go to the reserve rather than as a customer bill savings. 39 This chart doesn’t include the reserve fund. 125 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 31 MRW & Associates, LLC Table 9. Scenario 2 Savings for Residential CCE Customers Residential Monthly Consumption (kWh) Bill with PG&E ($) Bill with Contra Costa County CCE ($) Savings ($) Savings (%) 2018 500 121 121 0 0% 2020 500 129 125 4 3% 2030 500 189 172 17 9% 2038 500 254 225 29 11% GHG Emissions Under Scenario 2, we model the Contra Costa County CCE to at least as much carbon-free generation as PG&E. As in Scenario 1, in years where the assumed renewables would not result in the CCE halving PG&E’s GHG emissions, we add large hydroelectric generation to the CCE’s resource portfolio to make up the difference, subject to a 5% minimum supply from market purchases. In other years when the CCE’s RPS targets are sufficient to provide GHG savings relative to PG&E, we assume that emissions are further reduced by sourcing 50% of the non- RPS supply from large hydro. The end result is a portfolio that averages 20% large hydro. Figure 18 compares the Scenario 2 GHG emissions from 2018-2038 for the Contra Costa County CCE with what PG&E’s emissions would be for the same load if no CCE were formed. Since Scenario 2 has a higher renewable generation target (80% by 2030), the hydroelectric generation necessary to achieve the same GHG emissions reduction is lower. As a result of trading off large hydro for RPS-eligible energy, GHG emissions in Scenario 2 are the same as Scenario 1 through 2027, after which the CCE's portfolio will produce less than half the GHG emissions compared to PG&E. 126 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 32 MRW & Associates, LLC Figure 18. Scenario 2 Contra Costa County CCE Supply Portfolio (vertical bars) and GHG Emissions (lines) (“Normal” PG&E Hydro Conditions) Scenario 3 (Minimum RPS Compliance plus Local Procurement) Scenario 3 is identical to Scenario 1, save for a greater portion of locally sourced renewables. Under Scenario 3, local renewables increase annually, reaching 50% of the renewable supply by 2027 and continues at 50% through 2038. CCE Costs Figure 19 summarizes the results for this scenario. The vertical bars represent the Contra Costa County CCE customer rate, and the green line represents the PG&E generation rate. As with Scenario 1, the non-renewable cost is the largest component of the CCE’s rates, followed by renewable generation costs. The latter are greater than in Scenario 1 due to the higher prices of local generation resources. As with previous scenarios, the PCIA exit fee is the third largest expenditure and it is expected to decrease most years after 2020. As with Scenario 1, the costs associated with GHG allowance purchases are responsible for a marginally larger percentage of the CCE's total costs between 2028 and 2038. This is mostly due to the lower share of GHG-free emissions. The Scenario 3 differential between PG&E generation rates and Contra Costa County CCE falls in the middle of Scenario 1 and 2 until 2028. Afterwards, the Scenario 3 differential, decreases further, pushing it below Scenarios 1 and 2. However, the CCE rates are expected to be lower than PG&E's generation rates for the entire forecast period, which will allow the CCE to collect reserve fund contributions annually from 2018 to 2038. 127 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 33 MRW & Associates, LLC Figure 19. Scenario 3: Forecast Average CCE Cost and PG&E Rates, 2018-2038 Residential Bill Impacts Table 10 summarizes the average residential bill impacts under Scenario 3. Between 2018 and 2038, the annual bill for a residential customer of the Contra Costa County CCE program will be, on average, 6% lower than a corresponding PG&E bill. Table 10. Scenario 3 Savings for Residential CCE Customers Residential Monthly Consumption (kWh) Bill with PG&E ($) Bill with Contra Costa County CCE ($) Savings ($) Savings (%) 2018 500 121 121 0 0% 2020 500 129 125 4 3% 2030 500 189 175 14 7% 2038 500 254 231 23 9% GHG Emissions The emissions pattern for Scenario 3 is identical to Scenario 1 due to the equal GHG-free generation proportion. The only difference is that part of this generation is provided by local sources. Figure 20 shows the GHG emissions from 2018-2038 for the Contra Costa County CCE under Scenario 3. Note that GHG emissions from the Contra Costa CCE supply and PG&E supply are the same as in Scenario 1. 128 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 34 MRW & Associates, LLC Figure 20. Scenario 3 Contra Costa County CCE Supply Portfolio (vertical bars) and GHG Emissions (lines) (“Normal” PG&E Hydro Conditions) Scenario 4 (Accelerated RPS plus Local Procurement) Scenario 4 is the same scenario as Scenario 2 but with a more substantial portion of the generation sourced from local renewable sources: increasing annually and achieving 50% of the total RPS supply by 2027 through 2038. CCE Average Costs Figure 21 summarizes the results for this scenario. The vertical bars represent the Contra Costa County CCE customer rate, and the green line represents the PG&E generation rate. Under Scenario 4, the cost for renewables forms the largest component of the CCE’s rates and grows steadily to account for nearly 60% of the total CCE rate in 2030. Non-renewable generation is the next largest cost component of the rate, followed by the PCIA exit fee, which is expected to decrease in most years beginning 2020. As with Scenario 2, the costs for GHG allowance purchases in Scenario 4 are a smaller portion of total costs because of more RPS power. The differential between PG&E generation rates and Contra Costa County CCE customer rates in Scenario 4 is the lowest of the four scenarios between 2018 and 2028. This is because Scenario 4 has the most expensive supply portfolio, comprised of more locally sources renewables. However, after 2028, when the price of the renewable generation is expected to be lower than the wholesale electric market, the differential in Scenario 4 will be higher than the differential in Scenarios 1 and 3, but lower than Scenario 2. Similar to the other scenarios, the Contra Costa County CCE rates in Scenario 4 are forecasted to be lower than expected PG&E generation rates for all years from 2018 to 2038. And as such, this enables the collection of reserve fund contributions through the CCE's rates in every year of the forecast period. 129 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 35 MRW & Associates, LLC Figure 21. Scenario 4: Forecast Average CCE Cost and PG&E Rates, 2017-2030 Residential Bill Impacts Table 11 summarizes the average residential bill impacts under Scenario 4. Over the 2018-2038 study period, the annual bill for a residential customer of the Contra Costa County CCE program will be, on average, 4% lower than the same bill under PG&E rates under Scenario 4. Again, note that these rate impacts assume that a rate stabilization reserve is funded during the first few years of the CCE’s existence. Thus, even though a “gap” between the CCE costs and PG&E rates can be seen in Figure 21, the bill savings in 2018 is zero, as the additional CCE funds are assume to go to the reserve rather than as a customer bill savings. Table 11. Scenario 4 Savings for Residential CCE Customers Residential Monthly Consumption (kWh) Bill with PG&E ($) Bill with Contra Costa County CCE ($) Savings ($) Savings (%) 2018 500 121 121 0 0% 2020 500 129 126 3 2% 2030 500 189 182 7 4% 2038 500 254 235 19 7% 130 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 36 MRW & Associates, LLC GHG Emissions The GHG emissions pattern for Scenario 4 is to the same as Scenario 2 due to the scenarios having the same shares of GHG-free generation; the only difference being that local solar generation is assumed to replace solar supplies from more distant locations. . Figure 22 compares the GHG emissions from 2018-2038 for the Contra Costa County CCE under Scenario 4 with what PG&E’s emissions would be for the same load were no CCE formed. Figure 22 Scenario 4 Contra Costa County CCE Supply Portfolio (vertical bars) and GHG Emissions (lines) (“Normal” PG&E Hydro Conditions) 131 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 37 MRW & Associates, LLC Chapter 4: Sensitivity of Results to Key Inputs In addition to the base case forecast described above, MRW has assessed alternative cases to evaluate the sensitivity of the results to possible conditions that would have an impact on Contra Costa County CCE’s technical study. The metric considered to compare the alternative sensitivity cases to the base case is the differential between the annual average generation rates for PG&E bundled customers and for Contra Costa County CCE customers over the first ten years (2018-2028).40 The latter 10 years were not included as they are both uncertain and skew the average results due to the widening gap between modeled PG&E’s rates and the CCE’s average cost. The base-case analysis (Chapter 3 –Scenario 1) was developed as a reasonable and conservative assessment of the Contra Costa County CCE. In addition to the base case analysis, MRW analyzed alternative cases to address seven risks: (1) low participation, (2) higher local renewable power prices, (3) higher renewable power prices, (4) higher natural gas prices, (5) lower PG&E portfolio costs, (6) higher PCIA charges, and (7) a combination of these six risks (stress scenario). Lower Participation Sensitivity This sensitivity case evaluates the impact of lower participation on the CCE program. Lower Participation could be due to a higher customer opt-out rates, or if some of the cities included in the study choose not to participate in the CCE program. If fewer customers join, CCE rates will generally be higher because about $7 million of annual CCE costs are invariant to the amount of CCE load. In Lower Participation sensitivity, we assume that the load for the Contra Costa County CCE is 70% of the potential load.41 Average administration costs in this scenario are 12% higher than in the base case scenario. These higher administration costs don’t have a big impact on the CCE rates due to the fact that administration costs are a small part of the total CCE rate (5% in average). The impact of this sensitivity case is to reduce the 2018-2028 average rate differential by 0.07¢/kWh relative to the base case. Table 12. Lower Participation Sensitivity Results, 2018-2028 Period 2018-2028 Average Admin costs (¢/kWh) Average rate differential (¢/kWh) Base 0.45 1.86 Low participation 0.51 1.79 40The Contra Costa County CCE rate includes the PG&E exit fees (PCIA charges) that will be charged to CCE customers but does not include the rate adjustment for the reserve fund or other possible CCE activities. 41 In the Base case we considered 85% of the potential load. 132 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 38 MRW & Associates, LLC Higher Local Renewable Power Prices Sensitivity This sensitivity case evaluates the impact of higher local renewable power prices on the CCE’s financial viability. As discussed in Appendix B, in the base case, solar local renewable power price starts at $68/MWh in 2018 and it increases following the price curve. In the Higher Local Renewable Power Prices sensitivity, we assume that local renewable prices would be 20% higher than the base case prices. These higher prices affect only CCE rates for Scenario 3 and Scenario 4 (Scenario 1 and Scenario 2 don’t include local generation), reducing the 2018-2028 average rate differential by 0.21¢/kWh relative to the base case. Table 13. Higher Local Renewable Power Prices Sensitivity Results, 2018-202842 Period 2018-2028 Average local renewable prices ($/MWh) Average rate differential (¢/kWh) Base 69.30 1.57 High local renewable prices 83.20 1.36 Higher Renewable Power Prices Sensitivity This sensitivity case evaluates the impact of higher renewable power prices on the CCE’s financial viability. As discussed in Appendix B, in the base case, renewable power prices are flat in nominal dollars through 2022, based on the assumption that projected declines in renewable development costs will offset increases associated with the planned expiration of federal renewable tax credits.43,44 In the Higher Renewable Power Prices sensitivity, we assume that renewable prices would be flat in nominal dollars through 2022 if it were not for the tax credit expirations and add the impact of the tax credit expirations to the base case prices. Average renewable power prices in this scenario are 0-10% higher than in the base case scenario through 2021, about 20% higher in 2021 and 2022, and 30% higher after 2022 when the solar investment tax credit is reduced to 10%. These higher prices affect both the CCE and PG&E, but they have a greater effect on the CCE because PG&E has significant amounts of renewable resources under 42 Results for Scenario 3 43 Investment Tax Credit (ITC) which is commonly used by solar developers, is scheduled to remain at its current level of 30% through 2019 and then to fall over three years to 10%, where it is to remain. The federal Production Tax Credit (PTC), which is commonly used by wind developers, is scheduled to be reduced for facilities commencing construction in 2017-2019 and eliminated for subsequent construction. U.S. Department of Energy. Business Energy Investment Tax Credit (ITC). http://energy.gov/savings/business- energy-investment-tax-credit-itc; U.S. Department of Energy. Electricity Production Tax Credit (PTC). http://energy.gov/savings/renewable-electricity-production-tax-credit-ptc 44 The base case forecast would also be consistent with a scenario in which the tax credit expirations are delayed. 133 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 39 MRW & Associates, LLC long-term contract. The impact of this stress case is to reduce the 2018-2028 average rate differential by 0.35¢/kWh relative to the base case. Table 14. Higher Renewable Power Prices Sensitivity Results, 2018-2028 Average RPS prices ($/MWh) Resulting average rate differential (¢/kWh) Base 53.2 1.86 High renewable prices 65.1 1.51 Higher Exit Fee (PCIA) Sensitivity PG&E’s PCIA exit fees are subject to considerable uncertainty. Under the current methodology, PCIA rates can swing dramatically from one year to the next, and this methodology is currently under review and may be adjusted in the coming years. MRW therefore evaluated a stress case in which PCIA rates don’t fall after 2018, as anticipated in the base case, but instead remain at 2018 levels through 2028. This increases the 2028 PCIA more than 300% of its base case value. The impact of this stress case is to reduce the 2018-2028 average rate differential by 0.86¢/kWh relative to the base case. Table 15. Higher PCIA Exit Fee Sensitivity Results, 2018-2028 Average PCIA prices (¢/kWh) Resulting average rate differential (¢/kWh) Base 1.5 1.86 High PCIA 2.4 1.00 Lower PG&E Portfolio Cost Sensitivity While changes to natural gas prices and renewable power prices affect both the CCE and PG&E, dampening the impact on the CCE’s cost competitiveness, reductions to the costs to operate and maintain PG&E’s nuclear and hydroelectric facilities would provide cost savings to PG&E that would not be offset by cost savings to the CCE. MRW considered a case in which PG&E’s overall generation rates are 10% below the base case, driven by reductions to PG&E’s nuclear, and hydroelectric portfolio costs. Under such a scenario, the 2018-2028 average rate differential would be reduced by 1.12¢/kWh relative to the base case scenario. 134 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 40 MRW & Associates, LLC Table 16. Lower PG&E Portfolio Sensitivity Results, 2018-2038 Average PG&E Rate (¢/kWh) Resulting average rate differential (¢/kWh) Base 11.2 1.86 Low PG&E portfolio costs 10.1 0.74 Higher Natural Gas Prices Sensitivity Natural gas prices have been low and relatively steady over the last few years, but they have historically been quite volatile and subject to significant swings from local supply disruptions (e.g., Hurricanes Katrina and Rita in 2005). MRW analyzed a gas price sensitivity case using the U.S. Energy Information Administration’s High Scenario natural gas prices forecast,45 which is in average 50% higher than MRW’s base case forecast for the period 2018-2028. Natural gas price increases affect power supply costs for both Contra Costa County CCE and PG&E; however, the nuclear and hydroelectric capacity in PG&E’s resource mix makes PG&E less sensitive than Contra Costa County CCE to changes in natural gas prices. The net effect of higher natural gas prices is therefore to increase CCE rates relative to PG&E rates46 (i.e., reduce the average rate differential). Under the sensitivity conditions considered, the 2018-2038 average rate differential decreases relative to the base case by 1.68¢/kWh. Table 17. Higher Natural Gas Prices Sensitivity Results, 2018-2028 Average PG&E Rate (¢/kWh) Resulting average rate differential (¢/kWh) Base 11.2 1.86 Low PG&E portfolio costs 10.1 0.18 Stress Case and Sensitivity Comparisons All rate differentials (i.e., the CCE’s competitive positions) are lower in the sensitivity cases than in the base case scenario for all years from 2018 to 2028 (Table 18). To evaluate a more extreme scenario, MRW developed a stress case that combines all the sensitivity cases: (1) low participation, (2) higher local renewable power prices, (3) higher renewable power prices, (4) higher natural gas prices, (5) lower PG&E portfolio costs, and (6) higher PCIA charges. The 45 U.S. Energy Information Administration. “2015 Annual Energy Outlook,” Table 13 46 For the Scenario 2 and 4 the high gas natural prices case has less negative impact due to the high proportion of renewable generation. 135 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 41 MRW & Associates, LLC 2018-2028 average rate differential for this stress case is negative, at -4.08¢/kWh, meaning that CCE customer costs would exceed PG&E customer costs under this scenario. Table 18. Stress Test Results, 2018-2028 Resulting average rate differential (¢/kWh) Base 1.86 Stress Scenario -2.3 Figure 23. Difference Between PG&E Customer Rates and CCE Customer Rates Under Each Sensitivity Case, 2018-2028 Figure 23 shows the difference between the PG&E customer rates and the Contra Costa County CCE customer rates (including exit fees) in the base case, and in each of the sensitivity scenarios, for each year from 2018 to 2028. As Figure 23 illustrates, CCE customer rates are lower than PG&E customer rates in each of the individual sensitivity cases in each year.47 Under the Stress Scenario case, the rate differential is negative for each year (i.e., CCE rates are higher than PG&E generation rates). 47 For High Natural Gas Price sensitivity case, in 2023 the rate differential drops following the decrease on PG&E rate. The decrease on PG&E rate in 2023 under the high natural gas price case is due to an increase on the PCIA. PCIA is highly sensitive to the natural gas prices. 136 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 42 MRW & Associates, LLC The results shown above reflect the Minimum RPS Compliance supply scenario (Scenario 1). MRW additionally evaluated each sensitivity scenario under the four alternative supply scenarios: (1) Minimum RPS Compliance, (2) Accelerated RPS, (3) Minimum RPS Compliance plus Local Procurement, and (4) Accelerated RPS plus Local Procurement. Figure 24 depicts the average rate differentials for 2018-2028 for each sensitivity case under the four supply scenarios. Figure 24. Difference Between PG&E Customer Rates and CCE Customer Rates Under Each Sensitivity Case and Supply Scenario, 2018-2028 Average Looking at 2018-2028, Scenario 1 (Minimum RPS Compliance) is the least costly scenario for the CCE, and therefore has the highest rate differential under most of the sensitivity cases considered.48 Scenario 2 (Accelerated RPS), though still quite competitive with PG&E, fares slightly worse, with a rate differential approximately 10-20% lower than in Scenario 1 for most of the sensitivity cases considered. The one exception is the High Natural Gas Price sensitivity case, in which Scenario 1 has lower results than Scenario 2. This is due to the higher gas-fired generation content in Scenario 1, which makes the supply portfolio more susceptible to volatility in natural gas prices than Scenario 2. For most the sensitivity cases, rate differentials for Scenario 3 are lower than Scenario 1 and Scenario 2. Scenario 4 is the costliest scenario, with rate differentials much lower than those in Scenario 1, Scenario 2, and Scenario 3. 48 This is only looking at the period 2018-2028. If we consider the period 2018-2038, Scenario 2 would be the least costly scenario. After 2028 the prices of renewable generation are expected to be lower than the wholesale electric market, which makes Scenario 2 less costly than Scenario 1 in the period 2028-2038. 137 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 43 MRW & Associates, LLC In the stress case, Contra Costa County CCE customer rates exceed PG&E customer rates on average over the 2018-2028 period for all four scenarios, with the rate differential being highest in Scenario 4 at -3.8¢/kWh. Conclusions Under Scenarios 1 and 2, Contra Costa County CCE customer rates compare quite favorably to PG&E rates in all years from 2018 to 2038 under all four supply scenarios. Furthermore, under Scenario (Minimum RPS compliance), Contra Costa County CCE customer rates remain below PG&E rates under all but the most extreme sensitivity case considered (however at the price of possible higher GHG emissions). Under the stress case, irrespective of the supply scenario considered, CCE rates are higher than PG&E rates. While the stress case may appear extreme given that it involves seven adverse sensitivities simultaneously occurring, cost volatility in the power industry is well established, and the possibility of adverse conditions arising should be understood and planned for in any CCE venture. 138 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 44 MRW & Associates, LLC Chapter 5: Macroeconomic Impacts This chapter discusses the job impacts within Contra Costa County for each of the four scenarios. All four scenarios modeled showed positive economic and job impacts. The mix and amount of jobs created would depend upon policy decisions made by the CCE board, primarily trading off the economic stimulus from lower electricity bills versus the direct jobs created by local (higher cost) renewable energy projects sponsored by the CCE. To understand just how job impacts can come about, and the extent of those changes (positive or negative), a brief description of elements associated with the CCE and how they influence the existing economy is provided. How a CCE interacts with the Surrounding Economy The establishment and operation of a CCE creates a new set of spending elements (also referred to as “demands”) as a community changes the type of electricity generation they want to purchase, where the new mix of generation is to be located, adjustments necessary for existing generating assets of the provider utility, and implications on customers’ bills because of retail rate differentials. Some of these new elements have temporary effects, while others have long- term effects. Investment in locally sited solar will result in temporary direct creation of jobs whereas subsequent maintenance will support some on-going direct jobs. Regardless of the duration, when a direct job is created in a sector, there will be a multiplier response on “backwardly-linked” jobs with supplier businesses if the supplier is present in the economy. The new elements include:  Administration – [direct jobs, long-term effect] county staffing, professional-technical services and I/T-database services  Net Rate Savings (or bill savings) – [long-term effect] county households have an increase in their spending ability, county commercial and industrial energy customers experience a reduction in their costs-of-doing business which makes them each more competitive, garnering more business that requires more employees, and municipal energy customers can provide more local services which requires more local government staff.  New Renewable Capacity Investment within County & Surrounding counties – [direct jobs, short-term, two of the four scenarios]  New Renewable Operations within County & Surrounding counties – [direct jobs, long-term, two of the four scenarios]  Net Generating Capacity and Operations offsets for PG&E outside of county – [direct jobs, short & long-term, none since we are not focused on the rest of CA economy] To frame expectations around how many direct jobs can be created in the County from the above CCE elements, consideration must be given to (a) how much of the spending associated with the CCE scenario is fulfilled by a within county business or resident workforce, and (b) what do 139 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 45 MRW & Associates, LLC these locally-fulfilled dollars represent in terms of current annual county business activity (e.g., is this a large spending event?). Job Impacts of Proposed CCE Scenarios We examine each of the four scenarios for their influence on the County economy and the economy of the four surrounding counties combined (a ring region comprised of Alameda, Sacramento, San Joaquin and Solano counties). The basis for including the surrounding counties is (i) interdependence of the economies in terms of business-to-business transactions (in part due to proximity) and labor commuting flows (both in and out), as well as (ii) the siting of 50 percent of the proposed CCE funded small-scale solar projects beyond Contra Costa county. The scenario structures assume no electric customer participation from beyond Contra Costa County therefore the proposed bill savings are allocated across customer segments solely within Contra Costa County. The possible sources of initial job change in any of the scenarios include:  CCE Administration spending 2018 to 2038 (within Contra Costa County)  Bill Savings less Customer’s expense for on-site solar deployed 2018 to 2038 (within Contra Costa County)  Investment in small-scale Solar 2018 to 2030 (Contra Costa and the 4-county ring region)  O&M spending on small-scale Solar 2018 to 2038 (Contra Costa and the 4-county ring region) Only scenarios 3 and 4 include investment for small-solar projects in Contra Costa County and the surrounding region of counties. Once each regional economy experiences its initial change related to any of the above scenario elements, a macroeconomic forecasting tool (the REMI model49) captures impacts from inter-regional transactions (of commuters, of business sales), and impacts from changes in Contra Costa County’s relative cost-of-living and cost-of-doing business resulting from bill savings, and impacts associated with multiplier effects. Overview of Scenario Effects It is helpful to understand how the various scenarios “stack up” in terms of the four sources that will exert an influence on the local economies. Table 19 presents the cumulative (2018 to 2038) stimuli - bill savings, administrative spending, and where relevant, demands related to investment, O&M. The amounts are a roll-up of nominal values. Scenario 1 poses the greatest amount of Rate Savings for county CCE customers ($2,390 million), and Scenario 4 poses the largest amount of solar investment demand ($827 million) for in-county installations. Ensuing O&M spending (Scenarios 3 and 4) will increase as the investment demand increases. None of the displaced renewable capacity by PG&E (investments under the “business-as-usual” or “without CCE” case) occurs in either Contra Costa or the surrounding 4 counties. 49 Regional Economic Models, Inc. of Amherst, MA. www.remi.com 140 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 46 MRW & Associates, LLC Table 19. CCE Scenario Economic Characteristics (2018-2038, Millions of nominal dollars)50 Scen. Net Rate savings County customers CCE Small Solar Investment CCE Small Solar O&M Contra Costa County Neighboring Counties Contra Costa County Neighboring Counties 1 $2,390 $0 $0 $0 $0 2 $2,251 $0 $0 $0 $0 3 $1,656 $456 $456 $234 $234 4 $614 $827 $827 $375 $375 Figure 25 Figure 25presents the estimated net rate savings for various customer-segments in the County by CCE scenario. The rate savings benefit accrues foremost to the residential segment, followed by the Commercial segment. The Municipal segment has fairly constant rate savings regardless of scenario. In addition to the magnitude of overall net rate savings and local solar- related business opportunities, this segment distribution across customer segments influences part of the job impact response (amidst solar investments). Households spend money saved on electric bills on other consumer basket items, which would include a mix of goods and services; some local, some imported, which all rely on different jobs at different wages. Commercial or Industrial electric customers experience a savings as making their operations more cost competitive, which returns some positive (though not equal across all type of activities) market share growth (e.g., more sales which means more jobs and other inputs to their operations.) Municipal segment savings allow the state/local government entity to redirect dollars into other forms of public spending. 50 Net Rate Savings are net of customer out-of-pocket for on-site solar additions. under scenarios 3 and 4. For the County projects, 25 percent of the investment is paid by Industrial customers, 25 percent by Commercial customers, with the balance funded by outside investors. Small-solar projects in the surrounding counties are assumed to be funded by outside investors. Under scenarios 1 and 2 net is equal to gross rate savings. 141 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 47 MRW & Associates, LLC Figure 25. Cumulative net Rate Savings in Contra Costa County, Proposed CCE structures The opportunity for the small-solar investment episode (2018 through 2030), for scenarios 3 and 4, to generate “within region” job requirements is determined by how much of the investment dollars connect with (procure from) ‘within region’ construction labor and businesses that provide project components. The allocations of small-solar investment dollars into these two major types of purchases (with additional breakdown on non-labor expenditures) is done using the National Renewable Energy Laboratory (NREL) Jobs and Economic Development Impact (JEDI) small-solar PV JEDI model51 (CA) allocation. As shown in Table 20 for scenarios 3 and 4, no less than 50 percent of the various budgets enlists local workforce, and firms that provide supplies or services. Manufacturing of solar panels is outside of the 5-county economy but within region wholesale distributors are assumed to bring “product local.” 51 The Jobs and Economic Development Impact (JEDI) models are user -friendly screening tools that estimate the economic impacts of constructing and operating power plants, fuel production facilities, and other projects at the local (usually state) level. JEDI results are intended to be estimates, not precise predictions. See: http://www.nrel.gov/analysis/jedi/about_jedi.html -$500 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 SC1 Sc2 Sc3 Sc4 RESID COMMRCL INDSTRL MUNIC 142 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 48 MRW & Associates, LLC Table 20. Local Fulfillment of CCE Budgets (millions of nominal dollars) CCA Admin Solar Invest Solar O&M CCA Admin Solar Invest Solar O&M Scenario 1 Scenario 3 Budget $316 na na $316 $456 $233 In-County locally procured $189 na na $189 $234 $146 % capture local 60% na na 60% 51% 63% Surrounding Counties locally procured na na na na $234 $146 % capture local na na na na 51% 63% Scenario 2 Scenario 4 Budget $316 na na $316 $ 827 $375 In-County locally procured $189 na na $189 $425 $235 % capture local 60% na na 60% 51% 63% Surrounding Counties locally procured na na na na $450 $219 % capture local na na na na 51% 63% Resulting Impacts on Jobs This section will present several views of the job impacts by scenario. As shown in Table 21, Scenario 1 yields the largest annual job impact for the County over the interval – the result of the maximum rate savings under the CCE program. Job impacts are not limited to the direct job requirements from a CCE but include jobs resulting from multiplier effects and competitiveness effects. Scenario 4 – with the smallest of net rate savings for the County’s electric customers poses the largest investment for small-solar across the 5-county economy. This more than compensates for the reduced role of the rate savings and thus Scenario 4 yields the greatest annual job gain for the 5-county economy, 941 jobs (compared to Scenario 1 with 731). As the amount of small-solar investment increases (with subsequent O&M spending to follow), the percent of job impact that occurs within the surrounding multi-county region increases (Scenario 4 has 44%). The county’s annual job increase under Scenario 4 however is moderated (by 160 jobs) when compared to Scenario 1. This is understood by (i) all CCE customers’ realizing smaller rate savings when the CCE attempts to invest in local solar, combined with (ii) commercial/industrial businesses in the County picking up 50 percent of the solar investment cost. Also, influencing the “surrounding county region” job impact is the fact that a neighboring economy (the County) is experiencing lower electric bills (regardless of the magnitude) and a solar installation “boom” – namely, economic stimulating events. This can create a positive bounce for the surrounding counties on some of the background business (supplier) transactions 143 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 49 MRW & Associates, LLC as well as with working-age households who commute into the County (this point is illustrated in Figure 26) And when the surrounding region is host to its own solar installation boom, this will engage the Contra Costa County economy as well. Table 21. Average Annual Employment Impacts 2018 through 2038 (Jobs) Scenario Contra Costa Surrounding 4 Counties All 5 counties % in Region 1 681 50 731 7% 2 638 48 686 7% 3 654 268 922 29% 4 529 412 941 44% For Scenario 4 (with the smallest net rate savings and the highest local solar-investment/O&M spend) a time-path of the resulting job impacts is shown in Figure 26. To be clear, the results are not depicting cumulative job impacts, simply a plot of each year’s resulting impact. After 2030 no more solar installations occur in either region52. The surrounding region remains slightly buoyed with job impacts due to some continued O&M spending and feedback from the Contra Costa economy that is still benefitting now from gross rate savings (no more project expenses) and some O&M spending. Figure 26. Scenario 4 – Annual Job Impacts, 2018 to 2038 Figure 27 helps explain ‘the dip’ in the above blue series of positive job impacts (for Contra Costa) between 2024 and 2030. The estimated forecast of net rate savings follows such a trajectory (becoming negative between 2024 and 2028 when some customers bear a portion of 52 This is because the targeted renewable penetration was met and not new generation is needed by the CCE. If the study looked further out, then replacement solar would being to have an effect and generate jobs. 0 200 400 600 800 1000 1200 201820192020202120222023202420252026202720282029203020312032203320342035203620372038JobsContra Costa Surr. Region 144 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 50 MRW & Associates, LLC the investment cost) and even the local capture on the solar investment comes off a local maximum in 2020 and a global maximum in 2027 (the latter occurs in the surrounding region as well). Figure 27. Scenario 4 – Contra Costa’s “Local” Benefit Figure 28 shows what contributes to Contra Costa’s job impact under Scenario 4. The dark blue line is the line from Figure 26. Through 2030 largest influence on the County’s positive job impacts is the stimulus of solar project investment. Afterwards it is the role of net Rate Savings exerted through the customers’ roles in the local economy that creates local jobs. Figure 28. Scenario 4 – Contra Costa Job Impact by Source -$80,000,000 -$60,000,000 -$40,000,000 -$20,000,000 $0 $20,000,000 $40,000,000 $60,000,000 $80,000,000 $100,000,000 $120,000,000 $140,000,000 201820192020202120222023202420252026202720282029203020312032203320342035203620372038net rate savings INV/OM/Admin -400 -200 0 200 400 600 800 1000 1200 201820192020202120222023202420252026202720282029203020312032203320342035203620372038Thousandsfrom INV/om/Admin from net Bill Savings total 145 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 51 MRW & Associates, LLC A look at two points in the policy interval illustrates of the types of jobs that comprise the impact results. In 2020 there are 704 additional jobs (when solar investment is at a maximum with little of the net rate savings realized) and 2038, 989 additional jobs in the County (after the investment hang-over is past and only a small influence is exerted through O&M and administrative spending, and the County economy is still experiencing a ramp up of rate savings). Figure 29 shows a pattern and an amplitude for each of the snapshot years that is indicative of the major CCE influence on the County’s industry base. In 2020 there was approximately $26 million of local benefit for the County based on the scenario’s structure ($53 million was invest/O&M/admin spend, and -$26 million of early stage dis-benefit via net rate savings). By 2038 the local benefit to the County was $157 million ($29 million as O&M/admin spend and $128 million as gross rate savings). These amounts can be approximated looking back at Figure 27 and summing the height of the orange and blue points for 2020 and again for 2038. In 2020, county job additions are explained foremost by the predominant effect emanating from the CCE scenario – namely solar project investment and program administration (net rate savings are negative at this point as a result of C/I customers paying for part of the solar investment cost). So, jobs occur in Construction, in State/Local Government, in Professional Technical Services, and with Wholesale suppliers. Project developer overhead payments (part of the investment cost) is why job additions are showing for Management of Companies and Enterprises. But not all of the job additions in these sectors are directly related to solar installations. Some of these – as well as jobs gains in other non-investment sectors like health care, and food establishments, and retail- are the result of the initial labor income gains (construction paychecks) which drives added household spending (the induced stage of economic multiplier effects), and some are the result of increases in “within county” business-to- business transactions and elevated business needs from the adjacent region (the indirect stage of multiplier effects.) 146 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 52 MRW & Associates, LLC Figure 29. Scenario 4 - Jobs added Among Contra Costa Sectors, 2020 and 2038 In 2038 (the orange series) the predominant ‘economy’ effect from the CCE is the net rate savings with a majority benefitting the residential segment. Households will redirect these savings into additional household spending (e.g. health care, retail, food establishments). But the municipal segment receives savings as well which drives additional public spending and requires some growth in staff in addition to the local government staff to administer the CCE (an average of 23 administrative staff). Commercial and industrial sectors also experience some job increases as their bill savings improve their bottom lines and grow their respective market shares for business. The pronounced gain in local government jobs is more than the (averaged) 23 staff mentioned above. By 2038 the County will have retained a significant number of its working- age residents that would otherwise out-migrated (under the business-as-usual case) due to a combination of relative employment opportunities and inflation adjusted wages. The CCE activity creates job opportunity, mitigates in-county inflation (vis a vis bill savings) so there is real wage appreciation, and helps stem the tide of out-migration of key working-age cohorts. This further bolsters the positive population growth the County was forecast to have (under the BAU case), and local government spending (and staffing) increase on a per capita basis. In addition, the S/L government activity increases as the productive capacity of the County grows (in terms of dollars of gross regional product). The Construction sector posts strong job increases but now it is more the response to growth in the County (due to CCE influences) and this sector is key during investment (for both residential and non-residential structures) responses to close the gap between actual and optimal capital requirements in a growing economy. 0 50 100 150 200 250 Forestry, Fishing, and Related Activities Mining Utilities Construction Manufacturing Wholesale Trade Retail Trade Transportation and Warehousing Information Finance and Insurance Real Estate and Rental and Leasing Professional, Scientific, and Technical… Management of Companies and Enterprises Administrative and Waste Management… Educational services; private Health Care and Social Assistance Arts, Entertainment, and Recreation Accommodation and Food Services Other Services, except Public Administration Local Govt 2038 2020 147 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 53 MRW & Associates, LLC Figure 30 shows for 2020 which of the affected sectors’ job increases (a total of 704 added jobs) are due to direct involvement (blue bars) with some aspect of the CCE and which are the result of subsequent economic responses. The gray line series is read off the right-hand axis and indicates the annual pay quality (nominal and with benefits) of a job in a specific sector. The Construction jobs have annual earnings of $90,000, the Local Government positions approximately $112,000, Wholesale trade $115,000, Retail trade $46,000, Professional Technical Services $90,000 and Management of Enterprises (solar developer overhead) $189,000. Figure 30. Scenario 4 – Contra Costa Job Creation by Sector, Impact Stage & Pay-scale, 2020 $- $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00 $160.00 $180.00 $200.00 0 50 100 150 200 250 Forestry, Fishing, & Rel. ActivitiesMiningUtilitiesConstructionManufacturingWholesale TradeRetail TradeTransportation & WarehsgInformationFinance & Insur.Real Estate & Rental-LeasingProfessl, Scientific, & Tech SrvcsMngmnt of Companies & EnterprisesAdmin. & Waste Mngmnt SrvcsEduc. SrvcsHealth Care & Social AssistArts, & RecreationHotels & Food ServicesOther ServicesLocal GovtJob Impact2020 DIRECT 2020 other sources Annual Earnings per Job (thous.) 148 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 54 MRW & Associates, LLC Allocation of Earned Income Gains A majority but not all jobs added in Contra Costa County will be held by the County’s working- age resident households. The same is true for jobs added in the 4-county surrounding region. Which means the household spending effects from the take-home pay on the above impacted jobs occur where the worker resides. The above job impacts are measured by place-of-work. The commuter from another county registers the induced effects of their earned income on a place-of-residence basis. Again, we focus on Scenario 4 in the year 2020 (year of maximum investment activity that is split 50:50 across both regions). Before we even allocate the impacts across the County boundary, it is helpful to reveal the broad commuting propensity (this is not industry-specific but rather across all activities within an economy) for these two interconnected regions. These relationships are captured in county data on personal (earned) income flows and the journey-to- work data – both federally collected. Table 22 shows the extent of linkage on earned income generated in one region and where its workers reside. Table 22. Earnings-Commuter Reliance between Contra Costa County and the Surrounding region Earnings Place-of-Work Contra Costa Surrounding region Worker resides Contra Costa 79% 8.5% Surrounding Counties 15% 73% Elsewhere 6% 18% 100% 100% Based on each of the model region’s reliance on jobs situated beyond their border there will be “earned income” imported for both Contra Costa and the Surrounding region since both economies experience job increases under the CCE activity. For workplace earnings generated in Contra Costa County, 15 percent is earned by residents of the surrounding counties (we ignore the elsewhere since it is not part of our macroeconomic consideration). Likewise, of workplace earnings generated in the surrounding counties region, 8.5 percent is by commuters from Contra Costa County. Table 23 shows for 2020 the extent of extra jobs and earnings that will be held by a worker who resides in the other region. Of the 704 jobs added in Contra Costa County in 2020, 83 of these jobs (and $7 million of earnings) belong to commuters from the adjacent region. Of the 584 jobs added in the surrounding region in 2020, 41 of these jobs (and $4 million of earnings) belong to commuters from Contra Costa County. 149 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 55 MRW & Associates, LLC Table 23. Scenario 4 - Earnings Impact by Place-of-Residence, 202053 Scenario 4, Year 2020 Place-of-Work Contra Costa County Surrounding region Job impact 704 584 Earnings impact $48 million $42 million Earnings per Job $86,290 $87,560 % Commuter earnings (Surrounding counties) 15% na % Commuter earnings (Contra Costa) na 8.5% Impact Commuter earnings for Surrounding counties $7 million na Impact Commuter earnings for Contra Costa na $4 million Equiv. # of Surrounding County Commuters 83 na Equiv. # of Contra Costa Commuters na 41 Last, a high-level decomposition of the job impact result in the County is shown in Figure 30 for the scenario 1 (the highest customer savings, no investment in local solar capacity) and scenario 4. Under Scenario 1 the County realizes most job creation through the effects of rate savings on the County’s economy. This response is 3.5-fold of what Scenario 4 would show as a job impact from rate savings. Yet Scenario 4 exhibits a more than 5-fold job creation impact from the combined investment/O&M/administration effects. Including job creation impacts in the adjacent region of the 4-surrounding counties, scenario 4 produces over 200 more jobs (average annual) than Scenario 1. This is predominantly explained by the surrounding region being the location for 50 percent of the small-solar investment that the CCE might choose to fund. 53 Earnings per Job are weighted estimates. 150 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 56 MRW & Associates, LLC Figure 30. Average Annual Job Impact in Contra Costa County by Source 68 613 681 731 358 171 529 941 0 100 200 300 400 500 600 700 800 900 1000 INV?/Admin_OM net Energy Savings All fx 5-county economyJobs Scenario 1 Scenario 4 151 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 57 MRW & Associates, LLC Chapter 6: Other Risks Aside from the risks identified above, the CCE or the political jurisdictions that are part of the CCE could be at risk for several other reasons. This section addresses some of those risks, which are summarized in Table 24.54 Table 24. Summary of CCE Risks Risk Magnitude Mitigation Financial Risks to CCE Members Low Keep CCE JPA’s financial obligations separate from jurisdiction’s/ Procurement-Related Risks (i.e., can’t meet rate or GHG targets) Medium-low Enter into balanced portfolio of power contracts Legislative and Regulatory Risks High Monitor and advocate at legislature and CPUC PCIA Uncertainty High Establish rate-stabilization fund to account for volatile PCIA PCIA Policy Uncertainty High Monitor and advocate at legislature and CPUC Availability/price of low-carbon resources Medium Enter into balanced portfolio of power contracts Bonding Risk Low Monitor and advocate at CPUC Financial Risks to CCE Members A CCE is effectively an association of various political subdivisions. The formation documents for the CCE define the rights and responsibilities of each member of the CCE. Given the large number of political subdivisions that might participate in a Contra Costa County CCE, MRW assumes that the Contra Costa County CCE would be formed under a Joint Powers Authority, in much the same way as MCE Clean Energy and Sonoma Clean Power. The CCE will ultimately take on various financial obligations. These include obtaining start-up financing, establishing lines of credit, and entering into contracts with suppliers. Because a CCE will take on such financial obligations, it is likely very important to the prospective member political subdivisions that the financial obligations of the CCE cannot be assigned to the members. 54 Note that this section does not provide legal opinion regarding specific risks , especially those related to the formation or the structure of the Joint Powers Authority under which MRW assumes the CCE will be established. 152 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 58 MRW & Associates, LLC As a result, it is critical that the Joint Powers Authority and any other structuring documents are carefully drafted to ensure that the member agencies are not jointly obligated on behalf of the CCE (unless a member agency chooses to bear such obligations). The CCE should obtain competent legal assistance when developing the formation documents.55 Procurement-Related Risks Because a CCE is responsible for procurement of supply for its customers, the CCE must develop a portfolio of supply that meets the resource preferences of its customers (e.g., ratio of renewable versus non-renewable supply) while controlling risks (e.g., ratio of short-term versus long-term purchase agreements) and meeting regulatory mandates (e.g., resource adequacy and RPS requirements). Thus, it is tempting to assume that customers would prefer a fully hedged supply portfolio. However, such insurance comes at a cost and a CCE must be mindful of the potential competition from PG&E. Thus, the CCE’s portfolio must be both flexible while meeting the needs of its customers. The CCE will likely need to negotiate a flexible supply arrangement with its initial set of suppliers. Such an arrangement is important since the CCE’s loads are highly uncertain during CCE ramp-up. Without such an arrangement, the CCE faces the risk of either under- or over- procuring renewable or non-renewable supplies. Excessive mismatches between supply and demand of these different products would expose the CCE’s customers to major purchases or sales in the spot markets. These spot purchases could have a major impact on the CCE’s financials. The CCE will by necessity have to procure a certain amount of short-term supplies. These short- term supplies bring with them price volatility for that element of the supply portfolio. While this volatility is not unexpected, the CCE must be mindful that such volatility could increase the need for reserve funds to help buffer rate volatility for the CCE’s customers. Funding such reserve funds could be challenging in this time of low gas prices (resulting in high PCIA charges). The CCE will be entering the renewable market at an interesting time. While all LSEs must meet the expanded RPS targets by 2030, at least the IOUs are currently over-procured relative to their 2020 RPS targets. Whether the IOUs will attempt to sell off some of their near-term renewable supplies is unknown. However, if the IOUs believe that this is a good time to acquire additional renewables, the CCE could face stiff competition for renewable supplies, meaning that the green portfolio costs for the CCE might be higher than expected. Finally, it should be noted that as greater levels of renewables are developed to meet the State’s very aggressive RPS goals, it is possible that the traditional peak period will change. Adding significant amounts of solar could depress prices during the middle of the day. This could result in the need to try to sell power to out-of-state market participants during the middle of the day, possibly even at a loss. It could also result in the curtailment of renewable resources (even 55 Cities such as El Cerrito and Benicia have conducted legal analyses when they were considering joining MCE. which should also be consulted. 153 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 59 MRW & Associates, LLC resources owned or controlled by the CCE). This could force the CCE to acquire greater levels of renewable supplies, thereby increasing costs. Legislative and Regulatory Risks As noted above, the CCE must meet various procurement requirements established by the state and implemented by the CPUC or other agencies. These include procuring sufficient resource adequacy capacity of the proper type and meeting RPS requirements that are evolving.56 Additional rules and requirements might be established. These could affect the bottom line of the CCE. PCIA Uncertainty Assembly Bill 117, which established the CCE program in California, included a provision that states that customers that remain with the utility should be “indifferent” to the departure of customers from utility service to CCE service. This has been broadly interpreted by the CPUC to mean that the departure of customers to CCE service cannot cause the rates of the remaining utility “bundled” customers to go up. To maintain bundled customer rates, the CPUC has instituted an exit fee, known as the “Power Charge Indifference Adjustment” or “PCIA” that is charged to all CCE customers. The PCIA is intended to ensure that generation costs incurred by PG&E before a customer transitions to CCE service are not shifted to remaining PG&E bundled service customers. Even though there is an explicit formula for calculating the PCIA, forecasting the PCIA is difficult, since many of the key inputs to the calculation are not publicly available, and the results are very sensitive to these key assumptions. For PG&E, the PCIA has varied widely; for example, at one time the PCIA was negative. Current CCEs have chosen to have customers bear the financial risk associated with the level of exit fees they will pay to PG&E. Thus, for a customer taking CCE service to be economically better off (i.e., pay less for electricity), the sum of the CCE charges plus the PCIA must be lower than PG&E’s generation rate. This risk can be mitigated in two ways. First, as discussed in more detail elsewhere, a rate stabilization fund can be created. Second, the CCE can actively monitor and vigorously participate in CPUC proceedings that impact cost recovery and the PCIA. Impact of High CCE Penetration on the PCIA Currently, the PCIA calculation is based on the cost and value of a utility's portfolio, without regard to how much of that portfolio is to be paid for by bundled customers and how much by Direct Access (DA) and CCE customers. As such, the PCIA is not affected by the number of DA/CCE customers. 56 Rules to establish RPS requirements under the new 50% RPS mandate are currently being debated at the CPUC. 154 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 60 MRW & Associates, LLC Currently, for bundled customers the rate impacts associated with fluctuating PCIAs are relatively small, but this will change as the number of DA/CCE customers grows. At some point, bundled customers' rates may experience marked volatility as the impacts of the annual PCIA rate swings reverberate to bundled rates. This may be unacceptable to ratepayer advocates and the Commission. The PCIA rate volatility in part reflects changes to the utilities’ generation costs, which is appropriately reflected in bundled customers’ rates. But, often to a large degree, it reflects changes to the market price benchmark, which should not be relevant to bundled customer rates. For example, for a utility with flat RPS costs, a reduction to the market price benchmark for renewable power would increase the RPS-related PCIA, which would reduce bundled rates, even though there was no change in RPS costs. This could also happen in the reverse direction, increasing bundled rates when there is no increase in underlying generation costs. Once DA/CCE load gets large enough that there are real stranded contracts, we suspect that the Commission is going to look much more closely at the value of these stranded contracts (and how to get the most value for them). Impact of High CCE Penetration on Low-Carbon (Hydro) Resources Virtually all the CCEs forming in California include carbon reduction as a goal. As the analysis has shown, CCEs will likely need to purchase both RPS-eligible power and other carbon-free power to meet their goals, namely large hydropower. This has been the approached used by MCE and Peninsula Clean Power, who both beat PG&E’s GHG emissions rate through contracts for hydropower. This increased demand for carbon-free hydropower a can change the “supply- demand” balance and in theory increase the cost of these resources. To address this risk, the Contra Costa County CCE should consider locking in longer-term contracts for non-RPS eligible resources early in the process so as to guarantee their availability in the longer term when there could be greater demand for them. Bonding Risk Pursuant to CPUC Decision 05-12-041, a new CCE must include in its registration packet evidence of insurance or bond that will cover such costs as potential re-entry fees, specifically, the cost to PG&E if the CCE were to suddenly fail and be forced to return all its customers back to PG&E bundled service. Currently, a bond amount for CCEs is set at $100,000. This $100,000 is an interim amount. In 2009, a Settlement was reached in CPUC Docket 03-10- 003 between the three major California electric utilities (including PG&E), two potential CCEs (San Joaquin Valley Power Authority and the City of Victorville) and The Utility Reform Network (TURN) concerning how a bonding amount would be calculated. The settlement was vigorously opposed by MCE and San Francisco and never adopted. Since then, the issue of CCE bond requirements has not been revisited by the CPUC. If it is, the bonding requirement will likely follow that set for Energy Service Providers (ESPs) serving direct access customers. This ESP bond amount covers PG&E’s administrative cost to 155 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 61 MRW & Associates, LLC reintegrate a failed ESP’s customers back into bundled service, plus any positive difference between market-based costs for PG&E to serve the unexpected load and PG&E’s retail generation rates. Since the ESP bonding requirement has been in place, retail rates have always exceeded wholesale market prices, and thus the ESP’s bond requirement has been simply the equal to a modest administrative cost. If the ESP bond protocol is adopted for CCEs, during normal conditions, the CCE Bond amount will not be a concern. However, during a wholesale market price spike, the bond amount could potentially increase to millions of dollars. But the high bond amount would likely be only short term, until more stable market conditions prevailed. Also, it is important to note that high power prices (that would cause a high bond requirement) would also depress PG&E’s exit fee and would also raise PG&E rates, which would in turn likely provide the CCE sufficient headroom to handle the higher bonding requirement and keep its customers’ overall costs competitive with what they would have paid had they remained with PG&E. As discussed above, JPA member entities would not be individually liable for any increase in the bond amount. 156 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 62 MRW & Associates, LLC Chapter 7: Comparative Analysis of CCE Options Having the County and its cities form its own JPA and CCE Program is not the only possibility for CCE participation. First, the Counties and/or its cities may join Marin Clean Energy (MCE). In fact, 5 cities in the County—El Cerrito, Lafayette, Richmond, San Pablo, Walnut Creek—are already members of MCE. These cities joined in 2015 and 2016, and have full standing on MCE’s Board of Directors. Second, the County and/or its cities could possibly join the East Bay Community Energy (Alameda County) CCE. While this CCE has not formally been formed—the Alameda County Board of Supervisors and the respective city Councils are currently taking up the matter—the Alameda CCE Steering Committee is aiming to have the JPA board seating in January 2017, with delivery of power beginning in late 2017. Furthermore, the County and each city need not joint one or other CCE en masse, but instead can join one or the other CCEs individually (or neither). This chapter presents the benefits and drawbacks of joining either MCE or EBCE, forming a new CCE with the County and its cities (which has been the focus of most of the analysis in this report), or remaining with PG&E. This chapter considers the rate-competitiveness, GHG reduction, local economic development, local control and governance, cost risks, and CCE formation timing of each option. Some of the benefits may depend upon how much of the County chooses which path. Each community chooses for itself; thus, it is perfectly reasonable to have some join MCE, some join EBCE, and others remain on PG&E service. To the extent that it matters, this will be highlighted in the sections that follow. Note that MRW & Associates are not attorneys, and that the MCE and EBCE JPA agreements are legal documents. Therefore, nothing herein should be interpreted as a legal opinion – only an informed lay-reading of the documents. MRW would strongly recommend that Contra Costa County and any city considering becoming a member of MCE or EBCE have its counsel conduct a thorough review of the respective JPA and related documents prior to committing to a CCE. Table 25, below summarizes our results. While it is desirable to quantify some (or all) of the criteria, to do so would be an exercise in false precision. First and foremost, two of the potential CCE options are with entities which, while potentially viable, do not exist. Without power contracts, portfolios or procurement guidelines and policies, it would be unwise to claim that EBCE or a potential Contra Costa-only CCE would have rates or greenhouse gas emissions higher or lower than the other. Comparisons against MCE can be somewhat more reasonably asserted; however, its stated goals—greater renewable energy content, lower greenhouse gas emissions, local generation, and comparable rates—are nearly identical to those stated by EBCE, so at to make long-range rate and emissions distinctions immaterial. This is in contrast to PG&E, whose power portfolios, procurement plans and costs are readily available through various filings and applications it has made before the CPUC. Thus, the qualitative comparisons provided in the table do not provide sharp distinctions between the CCE options. All these options are expected to provide similar rates and GHG emissions, with differences arising from variations in the priorities and procurement decisions of the individual governance boards. What truly distinguish these options are primarily governance options (i.e., in-county only versus shared with other entities) and the amount of risk assumed (i.e., developing or signing on with a new CCE versus joining one with a record of satisfactory performance). 157 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 63 MRW & Associates, LLC Each of the lines on the table are discussed in greater detail in the sections that follow. Table 25. Comparison of Contra Costa CCE Options Criterion Form CCCo JPA Join MCE Join EBCE Stay with PG&E Rates Likely lower Likely Lower Likely Lower Base GHG Reduction Potential Over Forecast Period Some Some Some Base Local Control/Governance Greatest Some Greater None Local Economic Benefits Greatest Some Greater Minimal Start Up Costs/Cost to Join Low, but greater risk57 None Unknown, but likely to be none None Level of Effort Greatest Minimal Greater None Program Risks Greatest Minimal Some Base Timing (earliest) Mid-Late- 2018 Late-2017 Mid-2018 N/A Rates In general, any of the three CCE options can result, in the long run, with rates that are at or slightly below those of PG&E. This is not to say that in some years PG&E’s rates may be lower, or that one CCE would consistently have rates that are lower than the others. Rather, given that a CCE’s rates are a function if its communities’ values—amount of local renewable generation, promotion of energy efficiency or distributed generation, overall rate minimization— and that two of the three CCEs being compared do not yet exist, let alone have rate or procurement 57 Start-up costs provided by the County or others are likely to be reimbursed by the JPA. 158 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 64 MRW & Associates, LLC policies, MRW cannot assert that one CCE option will have lower rates that the other two. Both MCE and EBCE have commitments to higher-cost local renewable development, which suggest that they are willing to trade off somewhat lower rates for other benefits. A Contra Costa CCE that focuses more on rate reduction could in principle offer marginally lower rates than the other two. GHG Reduction For climate action planning and reporting purposes, the amount of GHG reduction that can be attributed to a CCE formation is a function of the difference between the average GHG emissions from PG&E and that of the CCE. PG&E’s power portfolio is already relatively “clean,” with large fractions coming from not only qualifying renewables but also nuclear power (through 2024) and large hydroelectric generators. As Table 26 shows, 59% of PG&E’s 2015 power came from GHG-Free resources. This number would be closer to 67% GHG-free but for the poor hydroelectric generation due to the ongoing drought.58 Therefore, for any CCE to have a reduced average carbon footprint requires not only the same or greater amount of qualifying renewable generation, but additional sources of GHG-free generation. Table 26. PG&E and MCE Power Content (2015) PG&E 2015 MCE 2015 Eligible renewable 30% 56% Large Hydro 6% 12% Nuclear 23% 0% GHG-Free subtotal 59% 68% Unspecified/Market 17% 25% Natural Gas 25% 12% Fossil subtotal 41% 32% An approach taken by some of the currently operating Northern California CCEs is to (a) use more qualifying renewable generation than PG&E, and (b) contract with and use power from large hydroelectric resources. This is shown in MCE’s power content mix, and to the extent possible, what was modeled here for Contra Costa County and for MRW’s study of an Alameda County CCE. Given that both MCE and EBCE have made GHG reductions a very high priority, one can reasonably assume that either will have some GHG-emissions benefit relative to PG&E, but there is no concrete rationale to assume that either MCE or EBCE will have a significantly-lower GHG emissions rate than the other. 58 However given climate change, one can sensibly argue that the lower-than-historic-average hydroelectric output in California seen over the past few years may be more predictive than the historical average. 159 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 65 MRW & Associates, LLC Local Economic Benefits As noted earlier in the report, the amount of local economic benefits is a function of rate reduction and local construction and CCE staffing. The number of local renewable energy projects will be a function of at least two factors. The first is any cost competitiveness advantage of renewable resources in the County; i.e., others will want to build renewable generation in the County because of cost advantages (including interconnection ease). Second, local generation development will be fostered by a preference for local generation by the CCE serving Contra Costa County. While all three CCE options have expressed a preference for “local” renewables, what the extent of “local” is will contribute to Contra Costa development. MRW would expect that a Contra Costa CCE would have the greatest interest in developing in-county renewables and thus could potentially have the greatest positive economic impact. Teaming with either of the other CCEs would dilute the interest. Given the particularly strong interest of the EBCE group in local renewables, the notion that “local” might encompass the whole “East Bay,” and the fact that Contra Costa cities might have greater say in the formation of generation polities with a new group like EBCE than a more established one like MCE all suggest that EBCE might be more responsive in developing in-county renewables than MCE. Contra Costa County makes up but a small fraction of PG&E’s service area. While PG&E’s local community engagement is admirable, it cannot focus on the County in a way that a smaller CCE can. As such, any of the three CCE scenarios will likely result in greater local economic benefits than remaining with PG&E. CCE Governance: Voting Per its current proposed JPA, EBCE would have a two-stage vote. Under most circumstances, each board member (each representing a single entity) would have one vote, regardless of his or her entity’s size. That is, both Oakland and Piedmont would have an equal vote. In the event of a non-unanimous affirmative vote, three cities can call for a weighted vote. In that case, each Representative Board Member’s vote would be weighted according to the size (in kilowatt- hours) of the entity being represented. These two voting shares are shown in Table 27. 160 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 66 MRW & Associates, LLC Table 27. EBCE Voting Shares, With and Without Contra Costa County Simple Voting Load-Weighted Voting* Alameda Only Alameda + Contra Costa Alameda Only Alameda + Contra Costa Oakland 7.1% 3.4% 24.8% 16.4% Fremont 7.1% 3.4% 16.2% 10.7% Hayward 7.1% 3.4% 10.1% 6.6% Berkeley 7.1% 3.4% 8.5% 5.6% Pleasanton 7.1% 3.4% 6.6% 4.3% San Leandro 7.1% 3.4% 6.4% 4.2% Livermore 7.1% 3.4% 6.2% 4.1% Unincorporated Ala. 7.1% 3.4% 6.4% 4.2% Other Alameda Cities 42.9% 20.7% 14.9% 9.9% Alameda Total 100.0% 48.3% 100.0% 66.0% Unincorporated C.C. 3.4% 8.4% Concord 3.4% 4.8% Pittsburg 3.4% 4.3% Antioch 3.4% 3.4% San Ramon 3.4% 3.0% Brentwood 3.4% 2.0% Danville 3.4% 1.6% Martinez 3.4% 1.3% Pleasant Hill 3.4% 1.3% Oakley 3.4% 1.0% Orinda 3.4% 0.9% Hercules 3.4% 0.7% Pinole 3.4% 0.6% Moraga 3.4% 0.4% Clayton 3.4% 0.3% Contra Costa Total N/A 51.7% N/A 34.0% *Only in cases where called upon by 3 Board Members As noted in Table 28 if EBCE consisted of Alameda County alone, the combination of the three largest entities (Oakland, Fremont, and Hayward) could carry the weighted vote. If all of Contra Costa county joined EBCE, then it would take the six largest entities (Oakland, Fremont, and Hayward plus Berkeley, Concord and Unincorporated Contra Costa county) to carry the vote. 161 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 67 MRW & Associates, LLC Table 28. EBCE Minimum Cities Needed to Carry Weighted Vote Alameda Only 3 cities (Oakland, Fremont Hayward) Alameda + Contra Costa 6 cities (Oakland, Fremont, Hayward, Unincorporated CC, Berkeley, Concord) MCE’s voting structure differs from EBCE’s in two important ways. First, each board member’s vote is a weighted. Half of each board member’s weighting is equal to his or her entity’s share of MCE’s total load. The other half is an equal share for each entity. Thus, if a community is one of 26 members representing 18% of MCE’s load, the board member’s vote would be 10.9% (18%x(1/2) + (1/26)x(1/2)= 9% + 1.9% = 9.9%) Second, multiple entities have the option to be represented by a single board member. For example, Napa County and all the towns/cities within the County are represented by a single board member. While this may dilute the voting share of each entity represented by the single board member, it allows for less administrative burden on the represented entities and “streamlines communication and policy setting.” Table 29 shows what the voting shares might be if all the Contra Costa communities joined MCE and each claimed its own board member. Together, the Contra Costs communities would represent 47.4% of MCE’s load and have a total 42.9% of the voting share. Table 29. MCE Voting Shares With Each Contra Costa Community Having Its Own Board Member VOTING SHARES Load Share Entity Share Voting Share Antioch 4.8% 2.6% 3.7% Brentwood 2.7% 2.6% 2.6% Clayton 0.4% 2.6% 1.5% Concord 6.7% 2.6% 4.6% Danville 2.3% 2.6% 2.4% Hercules 1.0% 2.6% 1.8% Martinez 1.8% 2.6% 2.2% Moraga 0.6% 2.6% 1.6% Oakley 1.5% 2.6% 2.0% Orinda 1.3% 2.6% 1.9% Pinole 0.8% 2.6% 1.7% Pittsburg 5.9% 2.6% 4.3% Pleasant Hill 1.8% 2.6% 2.2% San Ramon 4.1% 2.6% 3.4% Unincorporated Contra Costa County 11.7% 2.6% 7.1% TOTAL CONTRA COSTA COUNTY 47.4% 38.5% 42.9% Rest of MCE 52.6% 61.5% 57.1% 162 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 68 MRW & Associates, LLC Table 30 shows what the voting and load shares might be if all or 1/3 of the Contra Costa communities joined MCE but opted to be represented by a single board member. In these cases, the entity share would be low—4%—while the load share would remain pro-rata, resulting in somewhat lower overall Contra Costa representation. Table 30. MCE Voting Shares With Contra Costa Communities Sharing a Single Board Member VOTING SHARES Load Share Entity Share Voting Share All of Contra Costa represented by 1 Board Member 47.4% 4% 25.7% Rest of MCE 52.6% 96% 74.3% 1/3 of Contra Costa load joins and is represented by 1 Board Member 23.1% 4% 13.5% Rest of MCE 76.9% 96% 86.5% CCE Governance: Other The proposed EBCE JPA Agreement also calls for a formal Community Advisory Committee (Section 4.9). The relevant section states that the Committee: “shall be to advise the Board of Directors on all subjects related to the operation of the CCA Program … with the exception of personnel and litigation decisions. The Community Advisory Committee is advisory only, and shall not have decision-making authority… The Board shall appoint members of the Community Advisory Committee from those individuals expressing interest in serving, and who represent a diverse cross- section of interests, skill sets and geographic regions.” The Chair of the Community Advisory Committee will serve as a non-voting ex officio member of the EBCE Board of Directors. MCE has no analogous official community advisory committee originating from its JPA agreement. Nonetheless, there is a “Community Power Coalition” that provides input to MCE (see, https://www.mcecleanenergy.org/community-power-coalition/). The Coalition works “on a variety of issues ranging from local renewable energy project development – like MCE Solar One in Richmond – to outreach for MCE’s Spanish-speaking constituents, to environmental justice and consumer protection issues affecting MCE’s low-income customers.” The recitals to EBCE’s JPA agreement lay out what can be described as its envisioned values. Besides offering competitive rates and lowering greenhouse gasses, this includes (Recitals, Section 6): 163 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 69 MRW & Associates, LLC  Establishing an energy portfolio that prioritizes the use and development of local renewable resources and minimizes the use of unbundled renewable energy credits;  Promoting an energy portfolio that incorporates energy efficiency and demand response programs and has aggressive reduced consumption goals;  Demonstrating quantifiable economic benefits to the region (e.g. union and prevailing wage jobs, local workforce development, new energy programs, and increased local energy investments);  Recognize the value of workers in existing jobs that support the energy infrastructure of Alameda County and Northern California. The Authority, as a leader in the shift to a clean energy, commits to ensuring it will take steps to minimize any adverse impacts to these workers to ensure a “just transition” to the new clean energy economy;  Delivering clean energy programs and projects using a stable, skilled workforce through such mechanisms as project labor agreements, or other workforce programs that are cost effective, designed to avoid work stoppages, and ensure quality;  Promoting personal and community ownership of renewable resources, spurring equitable economic development and increased resilience, especially in low income communities;  Provide and manage lower cost energy supplies in a manner that provides cost savings to low-income households and promotes public health in areas impacted by energy production; and  Create an administering agency that is financially sustainable, responsive to regional priorities, well managed, and a leader in fair and equitable treatment of employees through adopting appropriate best practices employment policies, including, but not limited to, promoting efficient consideration of petitions to unionize, and providing appropriate wages and benefits. Contra Costa communities considering joining EBCE should consider these enunciated values prior to committing to membership. Timing and Process to Join/Form The timing required to serve Contra Costa businesses and residents vary markedly among the CCE options. The quickest path the CCE service would be to join with MCE. Based on MCE’s currently Inclusion Period, Contra Costa County and its cities could begin MCE service as early as late 2017. The first step for a community to join MCE is for its governing body or representative (e.g., city manager) to provide MCE a non-binding letter of interest. The entity’s governing body would then need to adopt a resolution requesting MCE membership; have a first reading of an ordinance to join MCE; execute a memorandum of understanding between the entity and MCE to address preliminary data and communication issues; and provide a signed request for PG&E to provide MCE its load data. These steps would need to occur during MCE’s “inclusion period” which currently runs from December 1, 2016 through May 31, 2017. Only communities in Contra Costa County are eligible to request MCE membership during this period. MCE would then evaluate the impact of the new load on its system. If the net result of adding the new community is that MCE’s rates would increase, then that community’s membership 164 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 70 MRW & Associates, LLC would be tabled until a future date. If the MCE analysis shows that adding the community is favorable, then the MCE Board would vote to accept (or not) the community into MCE. At that point, the local ordinance for MCE membership would receive a second reading and adoption. MCE would them modify its official Implementation Plan to reflect the new community, and submit the updated plan to the California Public Utility Commission. Once approved (none have been rejected), the phase-in of community into MCE can occur. The timing and process to join EBCE is more speculative. While the Steering Committee has strongly suggested that Contra Costa County entities would be welcome to join in, so far, the EBCE efforts have been solely aimed at getting the CCE going in Alameda County. The current (draft) JPA documents states in Section 3.1, Addition of Parties: Subject to Section 2.2, relating to certain rights of Initial Participants, other incorporated municipalities and counties may become Parties upon (a) the adoption of a resolution by the governing body of such incorporated municipality or county requesting that the incorporated municipality or county, as the case may be, become a member of the Authority, (b) the adoption by an affirmative vote of a majority of all Directors of the entire Board satisfying the requirements described in Section 4.12, of a resolution authorizing membership of the additional incorporated municipality or county, specifying the membership payment, if any, to be made by the additional incorporated municipality or county to reflect its pro rata share of organizational, planning and other pre-existing expenditures, and describing additional conditions, if any, associated with membership, (c) the adoption of an ordinance required by Public Utilities Code Section 366.2(c)(12) and execution of this Agreement and other necessary program agreements by the incorporated municipality or county, (d) payment of the membership fee, if any, and (e) satisfaction of any conditions established by the Board.. Thus, a Contra Costa Community would need to adopt a resolution requesting membership in the EBCE, the board of Directors of EBCE would have to vote to authorize the applying community’s membership, followed by the applying entity passing an ordinance to join. The EBCE can charge the applying entity fee or subject it to other restrictions, although given the likely receptivity to new East Bay membership, it is doubtful that those fees or restrictions would be onerous. Furthermore, given its intent to create a JPA—solely with Alameda County representation—in January, and the further intent to begin its first phase of service as soon as practicable, 3rd or 4th quarter 2017, it is unlikely that any Contra Costa County city would be enrolled into EBCE service prior to the middle of 2018. It is also possible that the EBCE JPA would want to get the program established with Alameda County members before integrating in members from another county. In this case, EBCE service to Contra Costa County and its cities might not occur until 2019 or 2020. Implementing a Contra Costa County only CCE would likely have a time line similar to joining EBCE. If the County and its cities were committed to this path, it could potentially begin service as early as 2018. This is consistent with Peninsula Clean Energy, which went from putting out an RFP for a technical study to phase-1 implementation in 18 months (April 2, 2015 to October 1, 165 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 71 MRW & Associates, LLC 2016). A more measured timeline would suggest that a new Contra Costa CCE would spend much of 2017, planning and generating local support, with implementation beginning in late 2018 or 2019. Costs to Join the CCE This section discusses direct, non-reimbursable costs to cities for joining either EBCE or MCE. So far, cities joining MCE have not had to pay for any of the costs incurred by MCE to plan for or integrate their load. They have often spent on the order of $10,000 to $15,000 for consultants to evaluate the risks to the city and its residents and businesses that could come from joining MCE. As EBCE has not seated its board or set any bylaws, one cannot say if, or how much, EBCE would charge any Contra Costa cities to join. Given its Steering Committee’s interest in including Contra Costa into its program, one can assume that it would be minimal or zero. The start-up costs for a new Contra Costa CCE would be significant—Alameda County has committed $3.4 million to its effort. However, consistent with other CCEs, these costs would be initially reimbursed to the County and funding cities by a loan taken out by the CCE’s JPA, which would in turn be paid down via CCE rates over the initial few years. As such, the only “cost to join” a Contra Costa CCE felt by any individual city would be indirect at best (i.e., asked to backstop any CCE loads with the entities’ credit. Exiting the CCE MCE’s JPA Section 7.0 lays out the process and ramifications of a MEC member withdrawing from the JPA. First, an entity may withdraw from the JPA within 30 days of its notification of joining the JPA, assuming that MCE has not entered into any wholesale power agreements to serve the entity. (Section 7.1.1.1) After MCE has entered into wholesale power agreements to serve the entity, the entity may withdraw from MCE, effective the beginning of the JPA’s fiscal year by giving at least 6 months’ written notice of its intent to withdraw. The withdrawing entity may be subject to “certain continuing liabilities” as laid out in Section 7.3: 7.3 Continuing Liability; Refund. Upon a withdrawal or involuntary termination of a Party, the Party shall remain responsible for any claims, demands, damages, or liabilities arising from the Party’s membership in the Authority through the date of its withdrawal or involuntary termination, it being agreed that the Party shall not be responsible for any claims, demands, damages, or liabilities arising after the date of the Party’s withdrawal or involuntary termination. In addition, such Party also shall be responsible for any costs or obligations associated with the Party’s participation in any program in accordance with the provisions of any agreements relating to such program provided such costs or obligations were incurred prior to the withdrawal of the Party. The Authority may withhold funds otherwise owing to the Party or may require the Party to deposit sufficient funds with the Authority, as reasonably determin ed by the Authority, to cover the Party’s liability for the costs described above. Any amount of the Party’s funds held on deposit with the Authority above that which is required to pay any liabilities or obligations shall be returned to the Party. 166 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 72 MRW & Associates, LLC Neither the precise calculation of the liabilities nor now it would be collected is specified. The proposed EBCE JPA Agreement contains no language concerning a community’s exit from EBCE or the JPA. Remaining With PG&E Although this study suggests CCE program options would likely produce both environmental and economic benefits for the jurisdictions included in the study, continuing service with PG&E remains an option for not only a community but also for any individual or business whose community has selected CCE service (i.e., each individual account maintains its right to opt-out of CCE service). There are benefits of remaining with PG&E, even at a community level. First, remaining with PG&E takes no city action. Thus, a city’s leadership and staff can concentrate their limited resources on matters that may be more pressing. Second, PG&E is regulated by the state via the California Public Utilities Commission (CPUC), which oversees its power procurement and approves its rates. While CCEs are partially regulated by the CPUC (e.g., ensuring that the CCE complies with any applicable laws), they are not subject to rate regulation. Some may see state oversight as a benefit, with an official “watchdog” overseeing power supply and procurement, while others might see the local CCE board accountability as a benefit. Third, PG&E is much larger than any of the CCE options that Contra Costa Communities might pursue, which (as discussed) might reduce community input and value but also provides some economies of scale. For example, one poor power contract entered might have significant rate or operational ramifications for a CCE. For PG&E, given its size, the impact of that same poor contract would be diluted. Lastly, simply because a Contra Costa community does not join a CCE in 2017 or 2018 does not necessarily preclude it from doing so in the future, although waiting may result in an “entry fee” or perhaps a high PCIA rate. Summary The following lays out the principal benefits and risks of each of the options considered. Potential Benefits of Forming Contra Costa CCE (relative to joining MCE or EBCE)  More local control (voting shares not diluted)  Can form JPA and policies to fully reflect County interests and values  Greatest potential for local economic development (due largely to more local control)  Even if formed, individuals may still select PG&E as their power provider Potential Risks/Downsides of Forming Contra Costa CCE (relative to joining MCE or EBCE)  Commitment of County and city resources to establish a new CCE agency  Higher risks due lack of experience, fewer partners  Would need to establish programs, contractors, credit, etc.  Longest time line to begin enrolling customers 167 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 73 MRW & Associates, LLC Potential Benefits of joining MCE (relative to joining EBCE)  5 other Contra Costa County communities have already joined  Established, successful program with credit capacity and programs in place  Likely easier transition/implementation  Likely will be able to enroll customers sooner than EBCE Potential Risks/Downsides of joining MCE (relative to joining EBCE)  May have less Board representation (if all of Contra Costa County and its jurisdictions are represented by a shared seat)  May be less of a “fit” compared to East Bay identification and sensibilities (or, for some cities, this may be a benefit)  Programs are already in place; less/minimal input into their formation  joining a large Board serving a very diverse customer base and geography Potential Benefits of joining EBCE (relative to joining MCE)  Coming in closer to the “ground floor" — opportunity to influence policy direction and program development  May be more mission or cultural alignment (East Bay vs. Marin) (or perhaps for some communities, not)  Board will more likely be one seat per member jurisdiction (not a shared seat)  Weighted voting process is a little clearer  EBCE working on a local development business plan with emphasis on local power production in the East Bay Potential Risks/Downsides of joining EBCE (relative to joining MCE)  Likely to take longer to enroll County communities  Path to joining is not clear  May be a small fish among some very large fishes (Oakland, Hayward)  Union focused policies may be difficult for some Potential Benefits of Remaining with PG&E (relative to joining or forming a CCE)  Experienced provider  State regulatory protection  Continuity- same firm provides all services  No action needed by City/County—status quo  May be able to join a CCE at a later date (but perhaps at some cost) 168 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 74 MRW & Associates, LLC Potential Risks/Downsides Benefits of Remaining with PG&E (relative to joining or forming a CCE)  Higher GHG emissions  Less local renewable generation  Higher electricity rates than CCE rates under most scenarios  Less local control  Less local input into policies and offerings  Less local economic development  Individuals can remain on bundled PG&E service even though their community is a CCE member. 169 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 75 MRW & Associates, LLC Chapter 8: Other Issues Investigated Synergies on the Northern Waterfront Contra Costa County has an ongoing initiative to economically develop its Northern Waterfront. The Northern Waterfront stretches from the City of Hercules at San Pablo Bay, along the southern shore of the Carquinez Straight and Suisun Bay, and out to the San Joaquin Delta region of Oakley. The County’s Northern Waterfront Economic Development Initiative is a regional cluster-based economic development strategy with a goal of creating 18,000 new jobs by 2035. The Initiative leverages existing competitive advantages and assets by focusing on advanced manufacturing sub-sectors in five targeted clusters (advanced transportation fuels, bio- tech/bio medical, diverse manufacturing, food processing, and clean tech). To assess the potential positive impacts a CCE might have on this Area, the study looked at the Northern Waterfront to assess local generation potential within the area. Of the potential 3,350 MW of solar resources in the County, approximately 40% lies within the Northern Waterfront. As shown in Table 31, there are over 700 potential solar sites in the Area, which could theoretically generate over 2,000 GWhs. Of these sites, over 800 MW have the highest potential ranking, meaning that they are the most appropriate for actual development. In fact, all the local solar capacity specified in Scenarios 3 or 4 could be met at sites in the Northern Waterfront alone. Table 31 Solar Potential in the Northern Waterfront Location Solar Sites PV Potential (MW) PV Production (GWh) Build Cost ($ Thousands) Antioch 189 327 524 $747,130 Concord 108 191 306 $442,015 Crockett 21 58 93 $125,187 Hercules 52 90 144 $200,512 Martinez 139 300 480 $629,130 Oakley 43 76 121 $178,390 Pinole 17 24 39 $57,208 Pittsburg 153 298 477 $679,851 Rodeo 14 35 57 $85,875 Grand Total 736 1,400 2,241 $3,145,298 How much solar could actually be sited in the Northern Waterfront would depend upon (a) the degree to which there is competition for sites for perhaps higher-value projects (b) the CCE’s policies toward fostering local projects. 170 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 76 MRW & Associates, LLC In addition to this renewable potential, the Northern Waterfront also hosts six major power plants (Table 32). In addition to these, the refineries in the area also generate much of their own power. A Contra Costa CCE could contract with one of more of these facilities to provide the CCE’s Resource Adequacy Requirements or a portion of its energy needs. Alone, a Contra Costa CCE would not be able to use all—or even most—of the power produced by any of these or other major power plant of this magnitude (e.g., the cancelled Oakley power plant). Table 32. Natural Gas Power Plants in the Northern Waterfront Plant Location Capacity (MW) Year in Service Owner Type Crockett Cogen Crocket 275 1995 Steam-Cogen Los Medanos Pittsburg 555 2001 Calpine Combined cycle -Cogen Delta Energy Facility Pittsburg 887 2002 Calpine Combined cycle Gateway Antioch 530 2009 PG&E Combined cycle March Landing Antioch 760 2013 Mirant combined cycle Pittsburg Pittsburg 1,029 1970s NRG Steam, combined cycle “Minimum” CCE Size? MRW’s analysis above assumed that all eligible Contra Costa County cities join the Contra Costa County CCE program with a participation rate of 85% from each city, resulting in an anticipated CCE load of about 3.6 million MWh per year.59 If fewer customers join, CCE rates will generally be higher because about $7 million of annual CCE costs are invariant to the amount of CCE load. Along with the number of customers, the customer make-up is also important. For example, a higher share of residential customers would improve the competitiveness of the CCE, while a higher share of commercial customers or industrial customers would weaken the competitiveness of the CCE. Since cities vary in their distribution of customers by rate class, a city opting out of the CCE could affect the competitiveness of the CCE due to both the reduction in CCE load and the shift in customer make-up. To identify the “minimum” load needed for CCE customer rates to be no higher than PG&E customer rates, we will analyze only the period between 2018 and 2030. The “minimum” load for this period is approximately 440,000 MWh per year, assuming the average customer portfolio for Contra Costa County and Supply Scenario 1. This value was estimated by assuming that the fixed costs remained the same (i.e., did not scale with sales) and then lowering the sales until the hypothetical reduced CCE’s rates were equal to PG&E’s. As shown in Figure 31, this is roughly the load from the big cities (Concord and Pittsburg) and is much smaller than the load from the unincorporated area. As long as two medium-sized cities or one larger city joins the CCE, this “minimum” load will be met. It is not a true minimum, however, because the true minimum depends on the make-up of the customer portfolio; for example, for the stand-alone city of 59 In the alternate supply scenarios, the “minimum” annual load assuming the average customer portfolio for Contra Costa County and the base case is 550,000 MWh (Scenario 2). 171 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 77 MRW & Associates, LLC Pittsburg60, due to its load with more industrial proportion, the CCE program wouldn’t be cost- competitive. Figure 31. Potential load (85% participation) per city Individuals and Communities Self-Selecting 100% Renewables The existing CCEs all offer customers an option to choose to receive 100% of their power from renewable resources in exchange for a rate premium. However, each CCE’s program is different. MCE Clean Energy has offered its “Deep Green” at a rate premium of 1¢/kWh since its inception. Sonoma Clean Power offers its “Evergreen” option at approximately the same price as PG&E’s “Solar Choice” rate. Lancaster Choice Energy offers its Smart Choice as a fixed monthly premium rather than a variable rate. In all cases, only a very modest number of CCE customers—on the order of a few percent—have selected the 100% green rate option. Table 33. CCE 100% Green Rate Premiums CCE Rate Option Increment Above Default Rate Marin Clean Energy Deep Green 1¢/kWh Sonoma Clean Power EverGreen 3.5¢/kWh Lancaster Choice Energy Smart Choice $10/month Peninsula Clean Energy ECO100 1¢/kWh Potential Contra Costa Co. CCE TBD ~1.5¢/kWh 60 See Figure 2. Pittsburg is the only city with this highly industrial profile. 172 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 78 MRW & Associates, LLC Any full renewable pricing option offered by the Contra Costa County CCE would have to be set by the CCE’s management. The value shown in Table 33, ~1.5¢/kWh, is the average incremental cost of green power used in the CCE supply assessment (Scenario 2) over the study period. (Initially, it would have to be ~1.9¢/kWh.) The number of customers selecting the rate would not impact the economics of the CCE customer who remain on the standard rate.  Separate CCE opt-out notifications would be needed. A key feature of the opt-out notification is the price comparisons against PG&E. As the default rate would be different for these communities, a different notice would have to be sent. This would simply increase the start-up cost for the CCE, the increment could be paid for by the city electing a different default rate.  Having a higher default rate might increase the number of oft-outs in the community.  PG&E’s billing system would have to be able to handle city- or zip code-specific default options. That is, as new residential or businesses move to a self-selected green community, the billing system would need to know to default them on a different rate schedule than a customer in a different CCE community. This may or may not be an issue. Competition with a PG&E Solar Choice Program PG&E has been offering a solar choice program known as Green Tariff Shared Renewable Program since February 2015.61 The program was established under Senate Bill 43, and pursuant to Decision 15-01-051 from the CPUC, to extend access to renewable energy to ratepayers that are currently unable to install onsite generation.62 It offers homes and businesses the option to purchase 50% or 100% of their energy use from solar resources. The program provides those with homes or apartments or businesses that cannot support rooftop solar the opportunity to meet their electricity requirements through renewable energy and support the growth of renewable energy resources. PG&E’s current Solar Choice program costs residential customers an additional 3.58¢/kWh. Given that MRW projects that the CCE can offer 100% green power at ~1.5¢/kWh over its own Scenario 1 or Scenario 2 rate (which is projected to be less than PG&E’s), we do not believe PG&E’s Community Solar Program will be price competitive with similar CCE product options. The program is open for enrollment until subscriptions reach 272 MW or January 1, 2019, whichever comes first.63 While this does limit the ability for PG&E to provide a 100% renewable 61 PG&E website http://www.pge.com/en/b2b/energysupply/wholesaleelectricsuppliersolicitation/RFO/CommunitySolarCho ice.page? WT.mc_id=Vanity_communitysolarchoice . Accessed 5/16/2016 62 California Public Utilities Commission, Decision 15-01-051, p.3 63 Solar Choice Program FAQs website, https://www.pge.com/en/myhome/saveenergymoney/solar/choice/faq/index.page Accessed, 5/16/2016 173 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 79 MRW & Associates, LLC option in the long-run, at the start of the CCE this program it provides an opportunity for customers who desire 100% renewable power to remain with PG&E. Differences Between the Analyses for Contra Costa and Alameda Counties In the first half of 2016, MRW prepared a similar CCE analysis for Alameda County. 64 Although the fundamental approach and results of study and this one are the same, there are several differing assumptions resulting in differing results. If we compare the results of the present study with the results obtained in the Alameda CCE study, we observe that the savings for CCE customers are very similar in both studies, though PG&E rates and CCE rates are both approximately 1¢/kWh higher in the current study than in the prior study (Table 34). Table 34. Average prices for 2018-2030 Scenario 1 for Contra Costa and Alameda County CCE programs Average Period 2018-2030 Contra Costa County Alameda County Price natural gas ($/MMBtu) 5.70 4.90 Wholesale ($/MWh) 51.30 44.80 PG&E Capacity ($/MWh) 74 39 CCE Capacity ($/MWh) 52 39 Wind ($/MWh) 56 57 Solar Distant ($/MWh) 51 51 Solar Local ($/MWh) 70 74 % Local Solar by 2030 25% 10% PG&E rate (¢/kWh) 11.7 10.4 PCIA rate (¢/kWh) 1.4 1.4 CCE rate (¢/kWh) 9.4 8.3 Difference CCE-PGE (¢/kWh) 2.3 2.1 The results of the present study for Contra Costa County differ from the prior results for Alameda County because we updated our forecast to reflect new PG&E rate fillings and other public forecasts. The main changes between the models are as follows:  Bundled Load Forecast: As a result of increased interest in CCE, PG&E’s most recent bundled load forecasts are 3% below the previously available forecasts for 2017 and an average of 25% below the previously available forecasts over the 2018-2030 period (see 64 The final version of the Alameda CCE technical study was published on July 1, 2016. https://www.acgov.org/cda/planning/cca/documents/Feas -TechAnalysisDRAFT5312016.pdf 174 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 80 MRW & Associates, LLC Figure 32).65 Less load reduces PG&E’s procurement costs, increases the share of fixed costs paid by remaining bundled customers, and increases the revenue provided to bundled customers from CCE exit fees. These effects mostly offset each other, resulting in little net change to bundled rates.66  Natural gas prices: Projections for natural gas prices are about $0.80/MMBtu higher than they were in the spring when the Alameda County report was developed. The higher natural gas prices increase wholesale market prices by $7/MWh (14%).  Diablo Canyon Retirement application: In July 2016, PG&E, together with other entities, submitted a proposal to retire the two units of Diablo Canyon when their licenses expire in November 2024 and August 2025. Per the proposal, PG&E would replace Diablo Canyon production with energy efficiency and greenhouse gas-free generation resources. These resources would include the following: (1) 2,000 GWh of load reduction from additional energy efficiency to be installed by January 2025, (2) 2,000 GWh of load reduction or generation from GHG-free generation resources to be on-line between 2025 and 2030, and (3) a voluntary commitment from PG&E to meet a 55% RPS for 2031-2045 (instead of the 65 The sources for the 2017 bundled load forecasts are PG&E’s 2017 preliminary and final ERRA forecasts. (The June 2016 preliminary forecast was used in the Alameda County CCE study, and the November 2016 final forecast was used in the present study.) The sources for the 2018-2030 bundled load forecasts are PG&E’s RPS plans for 2015 (filed in January 2016, used for Alameda County) and for 2016 (draft filed in August 2016, used for Contra Costa). 66 CCE exit fees are designed so that bundled customers’ rates are not affected by CCE departures. In practice, some impact is likely in one direction or the other, and the magnitude and direction of this impact may each vary year by year. Figure 32: Bundled Load Forecasts used in the Alameda and Contra Costa County Analyses 175 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 81 MRW & Associates, LLC 50% requirement currently in effect). The joint proposal estimated that the retirement of Diablo Canyon would result in a need for new generation capacity (“load-resource balance”) around 2030, which is about five years earlier than previously anticipated. The new energy efficiency resources together with other costs of the nuclear plant retirement would be recovered through non-generation rates (mostly Public Purpose Program and Nuclear Decommissioning charges), and the new RPS resources would be recovered through a new “Clean Energy Charge” applied to all PG&E retail customers. For those load serving entities that are willing to commit to procuring the equivalent new RPS resources, PG&E has proposed a “self-provision” option that would exempt existing DA and CCE loads from the Clean Energy Charge. In the analysis for Contra Costa County, MRW assumed that Contra Costa CCE would choose the “self-provision” option. MRW assumed for this study that the Diablo Canyon retirement proposal would be adopted, though the proposal is under evaluation by the Commission and is subject to modification. Based on this proposal, we modified the PG&E and Contra Costa County CCE power supply forecasts as follows:67 1) PG&E’s RPS requirements were increased for 2030-2038 from 50% to 55%,68 2) Contra Costa County CCE’s RPS requirements were increased for 2030-2038 to 55% (vs. the 50% that was used in the Alameda County CCE study), and 3) We began increasing the price of capacity five years earlier than we had in the Alameda County CCE study, reflecting the earlier load-resource balance date due to the retirement of Diablo Canyon. For both Alameda and Contra Costa counties, MRW assumed that the CCEs would build their own power plants (alone or in combination with other public entities) in place of purchasing market capacity when market prices rise above the cost of a new self-build. 67 We also accounted for the changes in the Public Purpose Program and Nuclear Decommissioning fees in our calculation of the Residential bills. 68 The generation share of the 2025-2030 commitment for 2,000 GWh of load reduction or GHG -free generation was assumed to be subsumed by procurement needed to meet a 50% RPS by 20 30 and therefore did not result in incremental renewable generation in our model. 176 Draft Community Choice Aggregation Technical Analysis Contra Costa County Draft November, 2016 82 MRW & Associates, LLC Chapter 9: Conclusions Overall, a CCE in Contra Costa County appears feasible. Given current and expected market and regulatory conditions, a Contra Costa County CCE should be able to offer its residents and business electric rates that are less than that available from PG&E. Sensitivity analyses suggest that these results are relatively robust. Only when very high amounts of renewable energy are assumed in the CCE portfolio (Scenario 3), combined with other negative factors, do PG&E’s rates become consistently more favorable than the CCEs. A Contra Costa County CCE would also be well positioned to help facilitate greater amounts renewable generation to be installed in the County. Because the CCE would have a much greater interest in developing local solar than PG&E, it is much more likely that such development would actually occur with a CCE in the County than without it. The CCE can also reduce the amount greenhouse gases emitted by the County, but only under certain circumstances. Because PG&E’s supply portfolio has significant carbon-free generation (large hydroelectric and nuclear generators), the CCE must contract for significant amounts of carbon-fee power above and beyond the required qualifying renewables in order to actually reduce the County’s electric carbon footprint. Therefore, if carbon reductions are a high priority for the CCE, a concerted effort to contract with hydroelectric or other carbon-free generators would be needed. A CCE can also offer positive economic development and employment benefits to the County. At the peak, the CCE could create approximately 500 to 1000 new jobs in the County, plus an additional 200 jobs in the neighboring counties if local renewable development is prioritized. While the analytical focus of this report has been on a stand-alone Contra Costa County CCE, that is not the only, nor necessarily best, choice for Contra Costa Communities. Overall, there is insufficient data to suggest that a stand-alone Contra Costa CCE would offer lower rates or greater GHG savings that joining MCE or EBCE. Either forming or joining a CCE would likely offer modestly lower rates and more local economic development that remaining with PG&E. Joining MCE would likely result in the quickest path to CCE implementation, however at a loss of local control and CCE policy formation. Because it has yet to be formed, joining with EBCE would take longer than joining the already-established MCE, but would offer greater input into the CCE’s policies and formation. Although this study suggests CCE program options would likely produce both environmental and economic benefits for the jurisdictions included in the study, continuing service with PG&E remains an option for not only a community but also for any individual or business whose community has selected CCE service. PG&E is an experienced power provider, and is regulated by the state. Furthermore, remaining with PG&E takes no city action. Lastly, simply because a Contra Costa community does not join a CCE in 2017 or 2018 does not necessarily preclude it from doing so in the future, although waiting may result in an “entry fee” or perhaps a high PCIA rate. 177 DRAFT FOR REVIEW Technical Study for Community Choice Aggregation Program in Costa County Appendices Prepared by: With MRW & Associates, LLC 1814 Franklin Street, Ste 720 Oakland, CA 94612 Economic Development Research Group Boston, MA Sage Renewables San Francisco, CA November 30, 2016 178 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County Appendix A. Loads and Forecast Appendix B. Power Supply Cost Appendix C. Forecast of PG&E’s Generation Rates Appendix D. Detailed Pro Forma and CCA Rates Appendix E. Greenhouse Gas Emissions and Costs Appendix F. Macroeconomic Analysis Appendix G. Proforma Appendix H. MCE and EBCE’s Joint Power Agreements Appendix I. MCE’s approval for inclusion of Contra Costa 179 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC A-1 Appendix A. Loads and Forecast 2014 Load (MWh) Residential Commercial Industrial Public Street lights + Pumping UNINCORPORATED 454,716 252,156 237,085 63,574 19,925 CONCORD 269,024 242,584 53,969 18,228 885 PITTSBURG 145,304 134,197 225,362 14,807 1,635 ANTIOCH 270,761 109,487 18,340 18,694 1,077 SAN RAMON 172,364 140,696 32,012 14,458 4,461 BRENTWOOD 150,827 66,635 0 16,407 4,970 DANVILLE 133,085 51,478 0 11,944 1,394 MARTINEZ 86,638 61,730 6,372 6,121 1,140 PLEASANT HILL 82,411 67,087 0 5,905 1,270 OAKLEY 96,389 18,236 0 12,431 901 ORINDA 58,779 14,719 0 39,747 215 HERCULES 48,162 32,749 0 2,751 700 PINOLE 36,629 26,028 0 5,877 963 MORAGA 40,593 8,818 0 3,701 456 CLAYTON 31,795 4,759 0 1,808 661 TOTAL 2,077,476 1,231,360 573,139 236,454 40,652 180 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC B-1 Appendix B. Power Supply Cost MRW has developed a bottoms-up calculation of Costa County CCA’s power supply costs, separately forecasting the cost of each power supply element. These elements are renewable energy, non-renewable energy (including power production costs and greenhouse gas costs), resource adequacy (RA) capacity (both renewable and non-renewable supplies) and related costs (e.g., CAISO expenses and broker fees).1 Figure 1 illustrates the components of Costa County CCA’s expected supply costs. Figure 1: Power Supply Cost Forecast Renewable Power Cost Forecast MRW developed a forecast of renewable generation prices starting from an assessment of the current market price for renewable power. For the current market price, MRW relied on wind and solar contract prices reported by California municipal utilities and Community Choice Aggregation (CCA) entities in 2015 and early 2016, finding an average price of $52 per MWh for these contracts.2 1 MRW included a 5.5% adder in the power supply cost for CAISO costs (ancillary services, etc.), and a 5% premium for contracted supplies to reflect broker fees and similar expenses. 2 MRW relied exclusively on prices from municipal utilities and CCAs because investor-owned utility contract prices from this period are not yet public. We included all reported wind and solar power purchase agreements, excluding local builds (which generally come at a price premium), as reported in California Energy Markets, an Power Supply Costs Renewable Power Energy and Capacity Over- generation Non- Renewable Power Energy Power Production Greenhouse Gas Capacity 181 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC B-2 To forecast the future price of renewable purchases, MRW considered a number of factors:  Researchers from the National Renewable Energy Laboratory (NREL) and Lawrence Berkeley National Laboratory (LBNL) developed a set of forecasts of utility-scale solar costs based on market data and preliminary data from other research efforts.3 Their base case forecast predicts a 3.8% annual decline in utility-scale solar capital costs on a nominal basis, from $1,932/kW-DC in 2016 to $1,652/kW-DC in 2020, with costs then remaining roughly constant in nominal dollars through 2030.4 Additional scenarios predict even steeper price declines, with the most aggressive scenario predicting an 11% annual nominal decline through 2020, with increases at the rate of inflation after that.  The federal Investment Tax Credit (ITC), which is commonly used by solar developers, is scheduled to remain at its current level of 30% through 2019 and then to fall over three years to 10%, where it is to remain.5 The federal Production Tax Credit, which is commonly used by wind developers, is scheduled to be reduced for facilities commencing construction in 2017-2019 and eliminated for subsequent construction.6 The loss of these credits would put upward pressure on prices.  NREL and LBNL researchers predicted in 2015 that the cost increase associated with an ITC reduction would be roughly offset by other solar cost reductions even if the full reduction to 10% were to be implemented by 2018, rather than spread out through 2022 as is currently planned.7  Lawrence Berkeley National Laboratory researchers conducted a study anticipating a reduction of the wind costs of 24% by 2030 and 35% by 2050.8 independent news service from Energy Newsdata, from January 2015-January 2016 (see issues dated July 31, August 14, October 16, October 30, 2015, and January 15, 2016). 3 National Renewable Energy Laboratory. Impact of Federal Tax Policy on Utility-Scale Solar Deployment Given Financing Interactions, September 28, 2015, Slide 16. http://www.nrel.gov/docs/fy16osti/65014.pdf 4 Ibid. Costs converted to nominal dollars using the inflation forecast used throughout the rate forecast model (U.S. EIA’s forecast of the Gross Domestic Product Implicit Price Deflator). 5 U.S. Department of Energy. Business Energy Investment Tax Credit (ITC). http://energy.gov/savings/business- energy-investment-tax-credit-itc 6 U.S. Department of Energy. Electricity Production Tax Credit (PTC). http://energy.gov/savings/renewable- electricity-production-tax-credit-ptc 7 National Renewable Energy Laboratory. Impact of Federal Tax Policy on Utility-Scale Solar Deployment Given Financing Interactions, September 28, 2015, Slide 28. 8 Lawrence Berkeley National Laboratory . Expert elicitation survey on future wind and energy costs. Nature Energy, September 12th, 2016. 182 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC B-3  The production tax credit has been extended six times from 2000-2014,9 and the solar ITC has been extended three times since 2007.10 Further tax credit extensions are therefore plausible.  The major California investor-owned utilities have significantly slowed their renewable procurement because lower-than-expected customer sales and higher-than-expected contracting success rates have led to procurement in excess of the RPS requirements through 2020. When the utilities start ramping their procurement back up to meet the 50%-by-2030 RPS requirement, the supply-demand balance in the market may shift, resulting in higher-than-expected prices unless an increase in suppliers and development opportunities matches the increase in demand. Given the potential upward price pressures from tax credits that are currently expected to expire and from higher demand for renewable power to meet the 50%-by-2030 requirement and the potential downward price pressures from falling renewable development costs, the possibility for lower cost procurement through the use of RECs, and the possibility that the expiry of the tax credits will be further delayed, it is unclear whether renewable prices will continue to fall (as NREL, LBNL, and others are predicting) or will start to stabilize and rise. MRW has addressed this uncertainty by considering two scenarios for this sensitivity case:  In the solar base renewable cost forecast, MRW used the $48.5 per MWh average price of recent municipal utility and CCA solar contracts as the price through 2022 (in nominal dollars), which will increase with inflation in subsequent years. This results in a solar price of $57 per MWh in 2030, and of $67 per MWh in 2038. In the wind base renewable cost forecast, MRW used the $55.0 per MWh average price of recent municipal utility and CCA solar contracts as starting point, and extended it applying an annual decrease of 2% through 2030 and 1% through 2038, offset by inflation. This results in a wind price of $57 per MWh in 2030, and of $62 per MWh in 2038.  In the high renewable cost scenario, MRW increased both wind and solar base case prices to account for the expected expiration of the tax credits, resulting in average a price of $75 per MWh in 2030 and $86 per MWh in 2038. These scenarios provide a reasonable window of renewable price projections based on current market conditions and analysts’ expectations. MRW used these same renewable prices to calculate PG&E’s renewable power costs. However, as described in Appendix B in the PG&E forecast, these renewable energy prices are used only 9 Union of Concerned Scientists. Production Tax Credit for Renewable Energy. http://www.ucsusa.org/clean_energy/smart-energy-solutions/increase-renewables/production-tax-credit-for.html 10 Solar Energy Industries Association. Solar Investment Tax Credit. http://www.seia.org/policy/finance-tax/solar- investment-tax-credit; and U.S. Department of Energy. Business Energy Investment Tax Credit (ITC). http://energy.gov/savings/business-energy-investment-tax-credit-itc 183 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC B-4 for incremental power that is needed above PG&E’s existing RPS contracts. For Costa County CCA, these prices are used as the basis for its entire RPS-eligible portfolio. MRW additionally included a premium for the portion of Costa County CCA’s RPS portfolio assumed in each scenario to be located in Costa County County. While solar energy is anticipated to provide the largest share of incremental supply located in-county, the solar resource in Costa County is not as strong as in the areas being developed to supply the contracts discussed above. As a result, the cost of solar generation in Costa County is expected to be higher than the assumed contract prices for non-Costa County supplies. Based on information provided in the CPUC’s current RPS calculator, combined with SAGE inputs (performance assumptions and capital cost of the projects11), the current cost for solar generation in Costa County is expected to be approximately $68 per MWh. In addition, it is assumed the local solar generation cost will scale with installed capacity, resulting in a local solar generation cost of $82 per MWh for 1000 MW of installed capacity. Non-Renewable Energy Cost Forecast MRW separated the costs of non-renewable energy generation into two components: power production costs and greenhouse gas costs. The forecast methodologies for these cost elements, described below, are consistent with the forecast methodologies used for these cost elements in the PG&E rate forecast. Since natural gas generation is typically on the margin in the California wholesale power market, power production costs for market power are driven by the price for natural gas. MRW forecasted natural gas prices based on current NYMEX market futures prices for natural gas, projected long-term natural gas prices in the EIA’s 2016 Annual Energy Outlook,12 and PG&E’s tariffed natural gas transportation rates.13 MRW used a standard methodology of multiplying the natural gas price by the expected heat rate for a gas-fired unit and adding in variable operations and maintenance costs to calculate total power production costs. In addition to power production costs, the cost of energy generated in or delivered to California also includes the cost of greenhouse gas allowances that, per the state’s cap-and-trade program, must be procured to cover the greenhouse gases emitted by the energy generation. MRW estimated the price of GHG allowances to equal the auction floor price stipulated by the ARB’s cap-and-trade regulation, consistent with recent auction outcomes.14 MRW estimated the 11 Capital cost for local solar projects in Contra Costa County, according to SAGE price curve, is $1,350 per kW installed for the first 400MW solar installed in the county. MRW calculated the average price for the cumulative developed capacity forecast for each year (counting only 50% of the capacity of each developed project towards the cumulative total). 12 U.S. Energy Information Administration. “2016 Annual Energy Outlook,” Table 13. 13 Pacific Gas & Electric, Burnertip Transporation Charges. Tariff G-EG, Advice Letter 3664-G, January 2016 and Tariff G-SUR, Advice Letter 3699-G, April 2016. 14 California Code of Regulations, Title 17, Article 5, Section 95911. 184 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC B-5 emissions rate of Costa County CCA non-renewable power supply based on an estimated heat rate for market power multiplied by the emissions factor for natural gas combustion.15 Capacity Cost Forecast for Non-Renewable Power To estimate Costa County CCA’s capacity requirements, MRW developed a forecast of Costa County CCA’s peak demand in each year and subtracted the net qualifying capacity credits provided by Costa County CCA’s renewable power purchases. This is appropriate because the renewable energy prices used in this analysis reflect prices for contracts that supply both energy and capacity. If Costa County CCA purchases renewable energy via energy-only contracts, Costa County CCA’s need for capacity will be greater than forecasted here, but these higher costs will be fully offset by the lower costs for the renewable energy. MRW estimated current peak demand for Costa County CCA’s load using the 2015 monthly bills for all the current PG&E clients in Costa County county16 and PG&E’s class-average load profiles. We forecasted changes to this peak demand based on the Contra Costa load forecast.17 We calculated capacity requirements as 115% of the expected peak demand in order to include sufficient capacity to fulfill resource adequacy requirements. We applied a consistent methodology to obtain the peak demand growth rates and capacity requirements for PG&E. To estimate the cost of Costa County CCA’s capacity needs, MRW priced capacity purchases at the median price of recent Resource Adequacy purchases, escalated with inflation.18 To estimate the cost of Costa County CCA’s capacity needs, MRW considered two time periods: the period before system load-resource balance when there is excess capacity on the system, and the period following system-load resource balance when additional supply must be developed. MRW assumed a system load-resource balance year of 2030.19 Through 2025, MRW priced capacity at the median price of recent resource adequacy purchases, escalated with inflation. MRW increased the capacity price incrementally starting in 2026 to reflect an increase in the market price for capacity during the transition from the lower near-term prices to the higher post- load-resource balance prices. MRW assumed that Costa County CCA would build its own power plant (alone or in combination with other public entities) in place of purchasing market capacity when market prices rise above the cost of a new self-build. In MRW’s model, this occurs in 15 U.S. EIA. Electric Power Annual (EPA), February 16, 2016, Table A.3. https://www.eia.gov/electricity/annual/html/epa_a_03.html 16 Monthly bills corresponding to 2015 for all the clients in Contra Costa County provided by PG&E. 17 California Energy Commission. Demand Forecast. PG&E Forecast Zone Results Mid Demand Case, Sales Forecast, Central Valley Region. December 14, 2015. 18 CPUC 2013-2014 Resource Adequacy Report Final, August 5, 2015, page 23 Table 11. 19 According to the assumption adopted by the CPUC in December 2015 for long-term forecasting purposes, the load resource balance year was 2035. MRW opted to advance this to 2030 due to the retirement of the Diablo Canyon nuclear facility. 185 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC B-6 2030. From this point on, MRW assumed that the market price for Costa County CCA’s capacity would be equal to the levelized fixed cost of a new advanced combustion turbine developed by a publicly owned utility, minus levelized gross margins from energy sales. A similar methodology was used to forecast the cost of capacity for PG&E; however, PG&E’s post-load-resource balance price forecast is based on the price of a combustion turbine developed by a merchant developer (see Appendix C). 186 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC C- 1 Appendix C. Forecast of PG&E’s Generation Rates MRW developed a forecast of PG&E’s generation rates for comparison with the rates that Costa County CCA will need to charge to cover its costs of service. MRW developed the forecast for the years 2018-2038 using publicly available inputs, including cost and procurement data from PG&E, market price data, and data from California state regulatory agencies and the U.S. Energy Information Administration. The structure of the rate forecast model and the basic assumptions and inputs used are described below. Generation Charges PG&E’s generation costs fall into four broad categories: (1) renewable generation costs, (2) fixed costs of non-renewable utility-owned generation, (3) fuel and purchased power costs for non- renewable generation, and (4) capacity costs. Each of these categories is evaluated separately in the rate forecast model, and underlying these forecasts is a forecast of PG&E’s generation sales. Sales Forecast PG&E’s generation cost forecast is driven in large part by the amount of generation that PG&E will need to obtain to meet customer demand. To forecast PG&E’s electricity sales, MRW started with the 2016-2030 sales forecast that PG&E provided in its August 2016 Renewable Energy Procurement Plan (“RPS Plan”) filing with the CPUC.20 This forecast predicts an 8% annual sales reduction through 2020, a 2% reduction per year from 2021-2028, and a rather anemic sales growth of 0.2% per year from 2029-2030.21 MRW extended the sales forecast through 2038, maintaining this 0.2% increase per year. Renewable Generation The starting point for MRW’s analysis is PG&E’s “RPS Plan,” in which PG&E discusses its plan for meeting California’s Renewable Portfolio Standard (RPS) targets and provides the annual amount and cost of renewable generation currently under contract through 2030. PG&E’s RPS Plan shows that PG&E’s current renewable procurement is in excess of the RPS requirement in each year through 2026. After 2022, PG&E’s renewable generation from current contracts falls below the RPS requirements, but PG&E is projected to have enough banked Renewable Energy Credits (RECs) from excess renewable procurement in prior years to meet the RPS requirements until 2034. 20 Pacific Gas & Electric. Renewables Portfolio Standard 2016 Renewable Energy Procurement Plan (Draft Version). August 8, 2016. Appendix D. 21 The near-term decline in sales in PG&E’s forecast is likely attributable to the growth in CCA, in which a municipality procures electric power on behalf of its constituents instead of having them purchase their power from PG&E. While customers in the jurisdictions of these municipalities have the option to opt-out of CCA and to continue to procure power from PG&E, so far, most CCA-eligible customers have not elected for this option. CCA customers continue to procure electricity delivery services from PG&E; it is only generation services that they obtain through the CCA. 187 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC C- 2 MRW adopted PG&E’s RPS Plan forecast of the amount and cost of renewable generation that is currently under contract. For the period starting in 2034 when PG&E’s RPS Plan shows a need for incremental renewable procurement to meet RPS requirements, MRW added in the necessary renewable generation to meet current statutory requirements (i.e., 33% of procurement in 2020, increasing to 50% of procurement in 2030, and to 55% of procurement in 2031).22 To project PG&E’s cost of this incremental renewable generation, MRW used the same renewable prices used for Costa County CCA’s renewable power cost forecast (see Appendix B). Fixed Cost of Non-Renewable Utility-Owned Generation PG&E’s rates include payment for the fixed costs of the PG&E-owned non-renewable generation facilities, which are primarily natural gas, nuclear, and hydroelectric power plants. Because these costs are not tied to the volume of electricity that PG&E sells, their annual escalation is not driven by the price of fuel and other variable inputs. Instead, they escalate at a rate that stems from a combination of cost increases and depreciation reductions. These escalation rates are determined in General Rate Case (GRC) proceedings, which occur roughly every three years. As a starting point for the forecast, MRW used the proposed 2017 fixed costs for these facilities.23 For the period between 2018 and 2020, MRW increased the fixed cost based on PG&E’s 2017 GRC settlements.24 For subsequent years, MRW estimated in the base case that PG&E’s generation fixed costs would increase by the 6.2% annual average growth rate approved and implemented for these cost over the last ten years.25 These escalation rates are in nominal dollars (i.e., some of the escalation is accounted for by inflation). 22 MRW additionally allowed for the purchase of additional renewable generation when renewable prices are below market prices, subject to some purchase limits, including a 50% cap on renewable generation relative to the entire generation portfolio. This leads to additional renewable purchases from 2027-2029 in the Low Renewable Price scenario. Starting in 2030, the RPS requirement is 50%, and no additional renewable purchases are allowed, per the rules of the model, in order to maintain grid reliability. 23 Pacific Gas & Electric. Annual Electric True-Ups for 2017. Advice Letter 4902 E-A. September 13, 2016. Table 2 and Pacific Gas & Electric 2017 GRC Settlements, A.15-09-001, Appendix A and B. 24 Pacific Gas & Electric 2017 GRC Settlements, A.15-09-001, Appendix A and B 25 Historic growth rates calculated from Pacific Gas & Electric Advice Letters 2706-E-A, AL 3773-E, 4459-E, 4647- E, and 4755-E. New power plant costs were excluded from these calculations since costs of new plants are offset, at least in part, by a reduction in fuel and purchased power costs. 188 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC C- 3 Table 1: PG&E’s Generation Fixed Costs, 2011-201626 (Nominal $ Million) 2011 2012 2013 2014 2015 2016 Generation Fixed Costs 1,400 1,530 1,550 1,710 1,860 1,840 Annual Cost Increase 9% 1% 10% 9% -1% MRW made adjustments to this GRC forecast to account for the retirement of the Diablo Canyon nuclear units at the end of the units’ current licenses in 2024 and 2025. Fuel and Purchased Power Costs for Non-Renewable Generation Each spring, PG&E files a forecast with the CPUC of its fuel and purchased power costs for the upcoming year in its “ERRA” filing, which PG&E updates and finalizes in November. MRW relied on PG&E’s November 2017 ERRA testimony,27 adjusted to remove renewable generation costs, as the starting point for the forecast of fuel and purchased power costs for PG&E’s non- renewable generation. To escalate these costs through the forecast period, MRW forecasted changes to natural gas prices and greenhouse gas cap-and-trade program compliance costs, which are the major drivers of change to these costs. The natural gas price forecast is based on current NYMEX market futures prices for natural gas, forecasted natural gas prices in the U.S. EIA’s 2016 Annual Energy Outlook, and PG&E’s tariffed natural gas transportation rates. This forecast is the same forecast used in the forecast of Costa County CCA’s wholesale power costs (see Appendix B). Cap-and-trade program compliance costs are estimated based on (1) PG&E’s forecast of carbon dioxide emissions in 2017;28 (2) a forecast of PG&E’s fossil generation supply, developed by subtracting expected renewable, hydroelectric, and nuclear generation from PG&E’s projected wholesale power requirement; and (3) a forecast of greenhouse gas allowance prices. The greenhouse gas allowance price forecast is the same as used in the forecast of Costa County CCA wholesale power costs and is based on the auction floor price stipulated by the ARB’s cap-and- trade regulation (see Appendix B). 26 2011-2013: CPUC Decision 11-05-018, pages 2 and 15; and 2014-2016: CPUC Decision 14-08-032, Appendix C, Table 1 and Appendix D, Table 1. 27 PG&E Update To Prepared 2017 Energy Resource Recovery Account and Generation Non-Bypassable Charges Forecast and Greenhouse Gas Forecast Revenue and Reconciliation, filed with the CPUC in proceeding A.1 6-06- 003 on Nov 2, 2016, Table 11-3. 28 PG&E Update To Prepared 2017 Energy Resource Recovery Account and Generation Non-Bypassable Charges Forecast and Greenhouse Gas Forecast Revenue and Reconciliation, filed with the CPUC in proceeding A.1 6-06- 003 on Nov 2, 2016, Table 12-2. 189 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC C- 4 The MRW rate model calculates total fuel and purchased power costs by escalating natural gas prices based on the natural gas price forecast described above, escalating nuclear fuel prices based on the EIA forecast of fuel costs for nuclear plants, escalating water costs for hydroelectric projects and the capacity costs of power purchase contracts with inflation, and pricing market power at the same market power price used for Costa County CCA’s purchases. The model then sums the cost for each of these resources and adds in projected cap-and-trade compliance costs to this total cost. Capacity Costs PG&E must procure capacity to meet 115% of its anticipated peak demand in order to fulfill its resource adequacy requirement. PG&E’s own power plants can be used to meet this requirement, as can power plants with which PG&E has contracts. To estimate PG&E’s capacity requirements, MRW started with the Capacity Supply Plan that PG&E submitted to the California Energy Commission in 2015,29 which forecasts PG&E’s peak demand and existing capacity resources for each of the years 2013-2024. With limited exception,30 MRW used PG&E’s data where publicly available and extended the forecasts to 2038. In extending these forecasts, we used assumptions that are consistent with those used in our assessments of energy sales and costs, including load growth escalation and the projected retirement of PG&E’s nuclear plant. We also added in anticipated capacity from new renewable procurement and from new energy storage and adjusted the calculation to account for the portion of Resource Adequacy credits that is allocated to non-bundled customers. As with the Costa County CCA’s capacity cost forecast, MRW priced capacity at the median price of recent Resource Adequacy capacity sales, escalated with inflation.31 Rate Development Following the methodologies described above, MRW developed a forecast of PG&E’s generation revenue requirement and divided these expenses by the expected PG&E sales in order to obtain a forecast of the system-average generation rate. We calculated annual escalators based on these system-average rates and applied them to the generation rates that are currently in effect for each customer class.32 29 California Energy Commission, Energy Almanac, Utility Capacity Supply Plans from 2015. September 4, 2015 30 The two main exceptions are that 1) MRW increased energy efficiency and demand response growth to comply with SB 350 requirements to double energy efficiency by 2030 and the anticipated continuation of CPUC demand response initiatives, and 2) MRW accounted for the energy efficiency and renewable capacity expected to be installed because of the Diablo Canyon retirement application. 31 CPUC 2013-2014 Resource Adequacy Report Final, August 5, 2015, page 23 Table 11. 32 PG&E Advice Letter AL-4805-E, effective March 24, 2016. 190 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC D- 1 Appendix D. Detailed Pro Forma and CCA Rates Case-Legend Base BASE Low participation LP High price local LOC High renewable prices RPS High natural gas price GAS Low PG&E portfolio costs LPGE High PCIA PCIA Stress Scenario STRS 191 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC D- 2 Scenario Sensitivity Case Rates (¢/kWh) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 1 BASE CCA gen 7.0 7.1 7.1 7.4 7.6 7.8 7.9 8.0 8.4 8.8 9.3 9.9 10.5 10.8 11.1 11.4 11.7 12.0 12.4 12.7 13.1 1 BASE Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 1 BASE CCA Res Fund 0.8 0.7 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 1 BASE PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 1 LP CCA gen 7.1 7.2 7.2 7.5 7.7 7.9 8.0 8.1 8.5 8.9 9.4 9.9 10.5 10.8 11.1 11.4 11.8 12.1 12.4 12.8 13.2 1 LP Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 1 LP CCA Res Fund 0.6 0.8 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 1 LP PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 1 LOC CCA gen 7.0 7.1 7.1 7.4 7.6 7.8 7.9 8.0 8.4 8.8 9.3 9.9 10.5 10.8 11.1 11.4 11.7 12.0 12.4 12.7 13.1 1 LOC Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 1 LOC CCA Res Fund 0.8 0.7 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 1 LOC PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 1 RPS CCA gen 7.1 7.2 7.3 7.8 8.1 8.5 8.6 8.8 9.2 9.7 10.2 10.8 11.4 11.8 12.2 12.5 12.9 13.2 13.6 14.0 14.4 1 RPS Exit fees 2.4 1.9 2.3 1.6 1.6 1.5 1.3 1.1 0.9 0.7 0.6 0.5 0.5 0.4 0.3 0.1 0.0 0.0 0.0 0.0 0.0 1 RPS CCA Res Fund 0.7 0.7 0.4 0.1 0.0 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 1 RPS PG&E gen 10.1 10.6 10.7 11.3 11.6 11.5 11.4 11.1 11.5 12.2 12.9 13.8 14.9 15.7 16.5 17.3 17.3 17.8 18.4 18.7 19.4 1 GAS CCA gen 8.1 8.5 8.8 9.2 9.5 9.4 9.4 9.6 10.0 10.4 10.8 11.3 11.9 12.3 12.6 12.9 13.3 13.7 14.2 14.6 15.0 1 GAS Exit fees 2.2 2.6 2.7 2.8 2.6 3.4 2.4 1.7 0.8 0.7 0.7 0.6 0.5 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.1 1 GAS CCA Res Fund 0.2 -0.1 0.0 0.0 0.0 0.0 0.0 1.4 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 1 GAS PG&E gen 10.5 10.9 11.0 11.4 11.9 11.0 11.3 11.8 12.3 12.9 13.5 14.3 15.3 15.4 15.8 16.2 16.7 17.1 17.7 18.3 19.0 1 LPGE CCA gen 7.0 7.1 7.1 7.4 7.6 7.8 7.9 8.0 8.4 8.8 9.3 9.9 10.5 10.8 11.1 11.4 11.7 12.0 12.4 12.7 13.1 1 LPGE Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 1 LPGE CCA Res Fund 0.0 1.1 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 1 LPGE PG&E gen 9.1 9.5 9.6 10.1 10.4 10.2 10.2 9.8 10.2 10.7 11.4 12.1 13.0 13.2 13.6 14.0 14.5 14.9 15.3 15.8 16.4 1 PCIA CCA gen 7.0 7.1 7.1 7.4 7.6 7.8 7.9 8.0 8.4 8.8 9.3 9.9 10.5 10.8 11.1 11.4 11.7 12.0 12.4 12.7 13.1 1 PCIA Exit fees 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 192 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC D- 3 1 PCIA CCA Res Fund 0.8 0.7 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 1 PCIA PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 1 STRS CCA gen 8.2 8.7 9.1 9.6 9.9 10.1 10.2 10.3 10.8 11.2 11.7 12.3 12.9 13.3 13.7 14.1 14.6 15.0 15.4 15.9 16.4 1 STRS Exit fees 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 1 STRS CCA Res Fund 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1 STRS PG&E gen 9.4 9.8 9.9 10.2 10.7 9.9 10.2 10.6 11.3 11.8 12.4 13.2 14.0 14.3 14.8 15.3 15.7 16.2 16.8 17.4 18.1 193 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC D- 4 Scenario Sensitivity Case Rates (¢/kWh) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2 BASE CCA gen 7.2 7.3 7.3 7.6 7.8 8.0 8.0 8.3 8.6 9.1 9.5 10.0 10.6 10.8 11.1 11.3 11.6 11.9 12.1 12.4 12.7 2 BASE Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 2 BASE CCA Res Fund 0.6 0.8 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 2 BASE PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 2 LP CCA gen 7.3 7.4 7.4 7.6 7.8 8.1 8.1 8.3 8.7 9.1 9.6 10.1 10.6 10.9 11.1 11.4 11.7 11.9 12.2 12.5 12.8 2 LP Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 2 LP CCA Res Fund 0.5 0.9 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 2 LP PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 2 LOC CCA gen 7.2 7.3 7.3 7.6 7.8 8.0 8.0 8.3 8.6 9.1 9.5 10.0 10.6 10.8 11.1 11.3 11.6 11.9 12.1 12.4 12.7 2 LOC Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 2 LOC CCA Res Fund 0.6 0.8 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 2 LOC PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 2 RPS CCA gen 7.3 7.5 7.6 8.2 8.5 9.1 9.2 9.5 10.0 10.5 11.0 11.6 12.3 12.5 12.8 13.1 13.4 13.7 14.0 14.4 14.7 2 RPS Exit fees 2.4 1.9 2.3 1.6 1.6 1.5 1.3 1.1 0.9 0.7 0.6 0.5 0.5 0.4 0.3 0.1 0.0 0.0 0.0 0.0 0.0 2 RPS CCA Res Fund 0.5 0.9 0.4 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 2 RPS PG&E gen 10.1 10.6 10.7 11.3 11.6 11.5 11.4 11.1 11.5 12.2 12.9 13.8 14.9 15.7 16.5 17.3 17.3 17.8 18.4 18.7 19.4 2 GAS CCA gen 8.0 8.3 8.7 9.0 9.3 8.9 9.0 9.2 9.6 9.9 10.3 10.8 11.3 11.6 11.9 12.2 12.5 12.8 13.1 13.4 13.8 2 GAS Exit fees 2.2 2.6 2.7 2.8 2.6 3.4 2.4 1.7 0.8 0.7 0.7 0.6 0.5 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.1 2 GAS CCA Res Fund 0.3 0.0 -0.1 0.0 1.4 -1.4 0.0 1.4 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 2 GAS PG&E gen 10.5 10.9 11.0 11.4 11.9 11.0 11.3 11.8 12.3 12.9 13.5 14.3 15.3 15.4 15.8 16.2 16.7 17.1 17.7 18.3 19.0 2 LPGE CCA gen 7.2 7.3 7.3 7.6 7.8 8.0 8.0 8.3 8.6 9.1 9.5 10.0 10.6 10.8 11.1 11.3 11.6 11.9 12.1 12.4 12.7 2 LPGE Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 2 LPGE CCA Res Fund 0.0 1.1 0.0 0.4 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 2 LPGE PG&E gen 9.1 9.5 9.6 10.1 10.4 10.2 10.2 9.8 10.2 10.7 11.4 12.1 13.0 13.2 13.6 14.0 14.5 14.9 15.3 15.8 16.4 2 PCIA CCA gen 7.2 7.3 7.3 7.6 7.8 8.0 8.0 8.3 8.6 9.1 9.5 10.0 10.6 10.8 11.1 11.3 11.6 11.9 12.1 12.4 12.7 2 PCIA Exit fees 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 194 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC D- 5 2 PCIA CCA Res Fund 0.6 0.8 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 2 PCIA PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 2 STRS CCA gen 8.2 8.6 9.0 9.7 9.9 10.1 10.2 10.5 10.9 11.4 11.9 12.4 13.0 13.4 13.7 14.0 14.4 14.7 15.1 15.4 15.8 2 STRS Exit fees 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2 STRS CCA Res Fund 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2 STRS PG&E gen 9.4 9.8 9.9 10.2 10.7 9.9 10.2 10.6 11.3 11.8 12.4 13.2 14.0 14.3 14.8 15.3 15.7 16.2 16.8 17.4 18.1 195 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC D- 6 Scenario Sensitivity Case Rates (¢/kWh) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 3 BASE CCA gen 7.0 7.1 7.2 7.5 7.8 8.1 8.2 8.5 8.9 9.5 10.0 10.5 11.1 11.5 11.8 12.1 12.4 12.8 13.1 13.4 13.8 3 BASE Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 3 BASE CCA Res Fund 0.7 0.7 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 3 BASE PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 3 LP CCA gen 7.2 7.3 7.3 7.6 7.9 8.2 8.3 8.5 8.9 9.5 10.0 10.5 11.1 11.5 11.8 12.1 12.4 12.8 13.1 13.4 13.8 3 LP Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 3 LP CCA Res Fund 0.6 0.8 0.4 0.1 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 3 LP PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 3 LOC CCA gen 7.1 7.2 7.3 7.7 8.0 8.3 8.5 8.7 9.3 9.9 10.4 11.0 11.6 12.0 12.3 12.6 13.0 13.3 13.6 14.0 14.4 3 LOC Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 3 LOC CCA Res Fund 0.7 0.7 0.4 0.1 0.1 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 3 LOC PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 3 RPS CCA gen 7.1 7.2 7.4 7.9 8.3 8.9 9.1 9.4 10.0 10.6 11.2 11.8 12.5 12.9 13.3 13.7 14.1 14.4 14.8 15.2 15.6 3 RPS Exit fees 2.4 1.9 2.3 1.6 1.6 1.5 1.3 1.1 0.9 0.7 0.6 0.5 0.5 0.4 0.3 0.1 0.0 0.0 0.0 0.0 0.0 3 RPS CCA Res Fund 0.7 0.7 0.4 0.1 0.1 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 3 RPS PG&E gen 10.1 10.6 10.7 11.3 11.6 11.5 11.4 11.1 11.5 12.2 12.9 13.8 14.9 15.7 16.5 17.3 17.3 17.8 18.4 18.7 19.4 3 GAS CCA gen 8.1 8.5 8.9 9.3 9.5 9.6 9.8 10.0 10.5 11.0 11.5 12.0 12.6 13.0 13.3 13.7 14.1 14.5 14.9 15.3 15.8 3 GAS Exit fees 2.2 2.6 2.7 2.8 2.6 3.4 2.4 1.7 0.8 0.7 0.7 0.6 0.5 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.1 3 GAS CCA Res Fund 0.2 -0.1 0.0 0.0 0.0 0.0 0.0 1.5 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 3 GAS PG&E gen 10.5 10.9 11.0 11.4 11.9 11.0 11.3 11.8 12.3 12.9 13.5 14.3 15.3 15.4 15.8 16.2 16.7 17.1 17.7 18.3 19.0 3 LPGE CCA gen 7.0 7.1 7.2 7.5 7.8 8.1 8.2 8.5 8.9 9.5 10.0 10.5 11.1 11.5 11.8 12.1 12.4 12.8 13.1 13.4 13.8 3 LPGE Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 3 LPGE CCA Res Fund 0.0 1.1 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 3 LPGE PG&E gen 9.1 9.5 9.6 10.1 10.4 10.2 10.2 9.8 10.2 10.7 11.4 12.1 13.0 13.2 13.6 14.0 14.5 14.9 15.3 15.8 16.4 3 PCIA CCA gen 7.0 7.1 7.2 7.5 7.8 8.1 8.2 8.5 8.9 9.5 10.0 10.5 11.1 11.5 11.8 12.1 12.4 12.8 13.1 13.4 13.8 3 PCIA Exit fees 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 196 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC D- 7 3 PCIA CCA Res Fund 0.7 0.7 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 3 PCIA PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 3 STRS CCA gen 8.3 8.8 9.2 9.8 10.2 10.8 11.0 11.4 12.1 12.8 13.3 14.0 14.7 15.2 15.7 16.2 16.7 17.1 17.6 18.1 18.6 3 STRS Exit fees 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 3 STRS CCA Res Fund 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3 STRS PG&E gen 9.4 9.8 9.9 10.2 10.7 9.9 10.2 10.6 11.3 11.8 12.4 13.2 14.0 14.3 14.8 15.3 15.7 16.2 16.8 17.4 18.1 197 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC D- 8 Scenario Sensitivity Case Rates (¢/kWh) 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 4 BASE CCA gen 7.3 7.4 7.5 7.9 8.2 8.6 8.8 9.3 10.0 10.7 11.2 11.8 12.5 12.7 13.0 13.2 13.5 13.8 14.1 14.3 14.6 4 BASE Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 4 BASE CCA Res Fund 0.5 0.8 0.4 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 4 BASE PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 4 LP CCA gen 7.4 7.5 7.6 7.9 8.2 8.6 8.8 9.3 9.9 10.7 11.2 11.7 12.3 12.6 12.8 13.1 13.3 13.6 13.9 14.2 14.5 4 LP Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 4 LP CCA Res Fund 0.4 0.9 0.4 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 4 LP PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 4 LOC CCA gen 7.3 7.5 7.6 8.0 8.4 8.9 9.2 9.8 10.6 11.4 12.0 12.6 13.3 13.5 13.8 14.1 14.4 14.7 14.9 15.2 15.6 4 LOC Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 4 LOC CCA Res Fund 0.5 0.9 0.4 0.1 0.1 0.1 0.1 -0.2 -0.1 -0.3 0.0 1.2 0.1 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 4 LOC PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 4 RPS CCA gen 7.3 7.6 7.8 8.5 9.0 9.9 10.3 11.0 11.8 12.7 13.4 14.1 14.9 15.2 15.5 15.8 16.1 16.5 16.8 17.1 17.5 4 RPS Exit fees 2.4 1.9 2.3 1.6 1.6 1.5 1.3 1.1 0.9 0.7 0.6 0.5 0.5 0.4 0.3 0.1 0.0 0.0 0.0 0.0 0.0 4 RPS CCA Res Fund 0.4 0.9 0.4 0.1 0.1 0.1 -0.2 -0.9 -0.3 0.0 0.0 0.0 0.0 2.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1 4 RPS PG&E gen 10.1 10.6 10.7 11.3 11.6 11.5 11.4 11.1 11.5 12.2 12.9 13.8 14.9 15.7 16.5 17.3 17.3 17.8 18.4 18.7 19.4 4 GAS CCA gen 8.0 8.4 8.8 9.1 9.4 9.5 9.8 10.3 11.0 11.7 12.2 12.7 13.3 13.6 13.9 14.3 14.6 14.9 15.2 15.5 15.9 4 GAS Exit fees 2.2 2.6 2.7 2.8 2.6 3.4 2.4 1.7 0.8 0.7 0.7 0.6 0.5 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.1 4 GAS CCA Res Fund 0.2 -0.1 0.0 0.0 0.0 0.0 0.0 0.0 1.6 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 4 GAS PG&E gen 10.5 10.9 11.0 11.4 11.9 11.0 11.3 11.8 12.3 12.9 13.5 14.3 15.3 15.4 15.8 16.2 16.7 17.1 17.7 18.3 19.0 4 LPGE CCA gen 7.3 7.4 7.5 7.9 8.2 8.6 8.8 9.3 10.0 10.7 11.2 11.8 12.5 12.7 13.0 13.2 13.5 13.8 14.1 14.3 14.6 4 LPGE Exit fees 2.4 1.9 2.3 1.7 1.7 1.6 1.5 1.3 0.9 0.8 0.7 0.6 0.5 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 4 LPGE CCA Res Fund 0.0 1.1 -0.2 0.7 0.1 0.1 -0.1 -0.8 -0.4 0.0 0.0 0.0 0.0 1.9 0.0 0.0 0.0 0.0 0.0 0.1 0.1 4 LPGE PG&E gen 9.1 9.5 9.6 10.1 10.4 10.2 10.2 9.8 10.2 10.7 11.4 12.1 13.0 13.2 13.6 14.0 14.5 14.9 15.3 15.8 16.4 4 PCIA CCA gen 7.3 7.4 7.5 7.9 8.2 8.6 8.8 9.3 10.0 10.7 11.2 11.8 12.5 12.7 13.0 13.2 13.5 13.8 14.1 14.3 14.6 4 PCIA Exit fees 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 198 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC D- 9 4 PCIA CCA Res Fund 0.5 0.8 0.4 0.1 0.1 0.1 0.0 -0.8 -0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2.0 0.0 0.0 0.1 0.1 4 PCIA PG&E gen 10.1 10.6 10.7 11.3 11.6 11.4 11.3 10.9 11.3 11.9 12.6 13.4 14.4 14.7 15.1 15.6 16.1 16.5 17.1 17.6 18.3 4 STRS CCA gen 8.3 8.8 9.3 10.0 10.5 11.4 11.8 12.7 13.6 14.7 15.4 16.1 16.8 17.2 17.6 18.0 18.4 18.9 19.3 19.7 20.2 4 STRS Exit fees 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 4 STRS CCA Res Fund 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4 STRS PG&E gen 9.4 9.8 9.9 10.2 10.7 9.9 10.2 10.6 11.3 11.8 12.4 13.2 14.0 14.3 14.8 15.3 15.7 16.2 16.8 17.4 18.1 199 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC E- 1 Appendix E. Greenhouse Gas Emissions and Costs In Chapter 3 of the report, MRW provided an estimate of Costa County CCA’s annual Greenhouse Gas (GHG) emissions and compared these with the emissions for the same load under the PG&E supply portfolio. The methodology used to calculate both figures is included in this appendix, along with an estimate of Costa County CCA’s cost of emissions from purchased power (“indirect emissions”). Methodology for calculating Costa County CCA’s indirect GHG emissions GHG emissions for Costa County CCA will be indirect since the CCA does not plan to generate its own power (i.e., the emissions are embedded in fossil-fuel power that the CCA purchases). These emissions are estimated based on (1) a forecast of the emissions rate for Costa County CCA’s fossil generation supply and (2) a forecast of the amount of Costa County CCA’s fossil generation supply, developed by subtracting expected renewable and hydroelectric generation from the projected wholesale power requirement to serve the CCA’s load.33 MRW calculated the emissions rate for Costa County CCA’s fossil generation supply by estimating the amount of natural gas that will need to be burned to generate the CCA’s fossil generation and the GHG emissions rate for natural gas combustion.34 The amount of natural gas needed was estimated based on the average heat rate for the marginal generation plants on the CAISO system. MRW used public data from CAISO’s OASIS platform and Platt’s Gas Daily reports to calculate this average heat rate for 2015.35 MRW extended the forecast to 2030 using the expected changes to the average heat rate in California from the EIA’s 2016 Annual Energy Outlook.36 MRW estimated the total annual GHG emissions for the Costa County CCA program as a product of the total energy purchased at wholesale electric market (kWh) and the rate of GHG emissions (tonnes CO2-equivalent/kWh). 33 MRW assumed no GHG emissions for the renewable and hydroelectric supply. 34 The GHG emissions rate for natural gas combustion is obtained from U.S. EIA. Electric Power Annual (EPA), February 16, 2016, Table A.3. https://www.eia.gov/electricity/annual/html/epa_a_03.html 35 MRW calculated the average heat rate of the marginal generation plants in 2015 by dividing the monthly average wholesale electric market price, net of operations and maintenance costs and GHG emissions costs, by the monthly average natural gas price. For the electricity prices, we used the average of the 2015 hourly locational marginal price for node TH_NP15_GEN-APND; for the natural gas prices, we used the average of burnertip natural gas price for PG&E. 36 U.S. Energy Information Administration. “2016 Annual Energy Outlook,” Table 55.20, Western Electricity Coordinating Council. (Note that EIA does not provide a forecast of the marginal heat rate.) 200 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC E- 2 Methodology for calculating GHG emissions under PG&E’s supply portfolio MRW calculated the GHG emissions for the Costa County CCA load under the PG&E supply portfolio by summing the emissions from all resources in PG&E’s portfolio. MRW assumed no GHG emissions from renewable power, hydroelectric power, or nuclear generation. In order to maintain a consistent comparison, MRW used the same emissions rate to calculate the emissions from PG&E’s fossil-fuel power as used for the Costa County CCA wholesale market purchases. In order to support the analysis on Chapter 3 of the report, Figure 2 shows the PG&E portfolio. Before the closure of the Diablo Canyon, MRW estimated 80%-90% of PG&E’s generation portfolio based on non-fuel-fired resources. After 2025, the non-fuel-fired resources share falls to 70% according MRW estimates. Figure 2 PG&E’s generation portfolio37 GHG allowance prices and GHG indirect costs 37 Before 2025 the hydroelectric generation is below its potential because MRW estimated that PG&E sells the over- procurement in hydroelectric power. MRW has assumed a minimum of fuel -fired generation to facilitate the RPS integration according to PG&E’s Diablo Canyon retirement application, A.16 -08-006. Table 2-3. In addition, after 2026 MRW estimated the price of the wholesale electric market below PG&E’s new RPS prices. In those conditions, according to MRW assumptions, PG&E would procure up to 50% of its portfolio from renewable resources. 201 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC E- 3 MRW developed a forecast of the prices for GHG allowances based on the auction floor price stipulated by the ARB’s cap-and-trade regulation, consistent with recent auction outcomes.38 Table 2 GHG Allowances price, $ per allowance39 2017 2018 2019 2025 2030 2035 2038 $/tonne 13.2 14.7 15.9 24.4 34.7 49.8 61.8 MRW used these GHG allowances prices to calculate both PG&E’s GHG allowances costs (direct and indirect), which are included in the PG&E rate forecast, and Costa County CCA’s indirect GHG costs. The indirect GHG costs for Costa County CCA will be included in the cost of the wholesale market energy purchases. MRW estimated that these costs will be, on average, $12 per MWh delivered over the 2018-2038 period. 38 California Code of Regulations, Title 17, Article 5, Section 95911. 39 For 2017, the amount listed corresponds to the GHG allowance price for PG&E according to the most recent ERRA 2017 update. Pacific Gas & Electric ERRA 2017, A.16-06-003, Testimony November 2, 2016, Table 12-1. 202 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC F- 1 Appendix F. Macroeconomic Analysis About the REMI Policy Insight Model A software analysis forecasting model developed by Regional Economic Models, Inc. (REMI) of Amherst Massachusetts in the mid 1980’s. It has a broad national customer base among public agencies, academic institutions, and the private-sector. It is also used in Canada (NRCan), and among other international clients. The model configuration used for this study consisted of 18 aggregate private-sector industries, plus a farm sector, a combined state/local government sector and two federal government sectors. Economic Impacts Identified with the REMI Model The REMI Model Alternative Forecast Compare Forecasts Control Forecast What are the effects of the Proposed Action? Baseline values for all Policy Variables Policy Action 203 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC F- 2 In the above figure, the central box “The REMI model” is the engine for predicting the economic and demographic dimensions of a region-of-impact (here Costa County County) under no-action (or Control forecast) and with a proposed CCA (alternative forecast). The engine is a combination structural econometric model, part input-output transactions, all with general equilibrium features – meaning an economy can encounter a disruption (positive or negative), and over time (typically 1-3 years depending on the scale of the region and the size of the shock) re-adjust back to an equilibrium. The diagram below depicts the organization of the REMI regional model in terms of the major blocks functioning in an economy and the arrows denote the feedback accounted for. Keep in mind this portrayal is at a very high-level, sparing the industry-specific details. Scenario specific changes are inserted through policy variable levers into the appropriate block of the model. There is another important dimension of economic response for the key region-of-impact that effectively layers on top of the below diagram – interactions with another regional economy. That additional region - rest of California -was explicitly modeled at the same time. The REMI model captures the flows of monetized goods and services, and commuter labor between regions when one (or both) is shocked by introduction of a CCA. Core Logic of the REMI Model 204 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC G- 1 Appendix G. Proforma Scenario 1 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Expenses Cost of Power (including losses)$73,495,453 $151,069,291 $238,312,375 $248,611,457 $257,237,071 $265,886,720 $274,183,543 $279,728,463 $294,209,869 $310,824,883 $329,903,546 $350,515,984 $373,621,644 $386,946,608 $399,254,590 $411,812,091 $425,651,977 $439,658,506 $454,135,582 $468,721,683 $484,831,280 O&M/A&G Costs $9,081,989 $11,047,477 $14,037,456 $14,312,982 $14,596,957 $14,871,929 $15,146,845 $15,425,482 $15,722,408 $16,025,074 $16,333,641 $16,648,197 $16,968,859 $17,295,746 $17,628,978 $17,968,678 $18,314,999 $18,668,042 $19,027,938 $19,394,819 $19,768,820 Energy Efficiency Programming Costs Total Expenses $82,577,443 $162,116,767 $252,349,831 $262,924,440 $271,834,028 $280,758,650 $289,330,388 $295,153,945 $309,932,277 $326,849,957 $346,237,187 $367,164,181 $390,590,503 $404,242,354 $416,883,567 $429,780,769 $443,966,976 $458,326,548 $473,163,520 $488,116,502 $504,600,100 Debt Service $0 $5,489,006 $5,489,006 $5,489,006 $5,489,006 $5,489,006 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Revenue Requirement $82,577,443 $167,605,774 $257,838,838 $268,413,446 $277,323,035 $286,247,656 $289,330,388 $295,153,945 $309,932,277 $326,849,957 $346,237,187 $367,164,181 $390,590,503 $404,242,354 $416,883,567 $429,780,769 $443,966,976 $458,326,548 $473,163,520 $488,116,502 $504,600,100 Total Load, MWh 1,177,121 2,366,944 3,607,181 3,623,598 3,641,698 3,652,169 3,659,921 3,666,956 3,680,582 3,694,258 3,707,985 3,721,763 3,735,593 3,749,473 3,763,406 3,777,390 3,791,426 3,805,514 3,819,655 3,833,848 3,848,093 Contra Costa CCA Customer Charges, $/MWh (before Reserve Fund Adjustment) Average Contra Costa CCA generation $70.2 $70.8 $71.5 $74.1 $76.2 $78.4 $79.1 $80.5 $84.2 $88.5 $93.4 $98.7 $104.6 $107.8 $110.8 $113.8 $117.1 $120.4 $123.9 $127.3 $131.1 PG&E average exit fees for CCA load $23.7 $19.1 $22.9 $16.6 $16.6 $15.7 $14.6 $12.6 $9.1 $8.0 $7.0 $6.0 $5.1 $3.1 $1.7 $0.6 $0.0 $0.0 $0.0 $0.0 $0.0 Total CCA customer rate $93.8 $89.9 $94.3 $90.6 $92.7 $94.1 $93.6 $93.1 $93.3 $96.4 $100.4 $104.6 $109.7 $110.9 $112.4 $114.4 $117.1 $120.4 $123.9 $127.3 $131.1 PG&E average gen rate for CCA load, $/MWh $101.5 $105.7 $106.6 $112.7 $115.5 $113.8 $113.3 $109.2 $113.2 $119.2 $126.3 $134.2 $144.0 $146.7 $151.0 $155.7 $160.8 $165.0 $170.5 $176.0 $182.5 Reserve Fund Adjustment Target $12,386,616 $25,140,866 $38,675,826 $40,262,017 $41,598,455 $42,937,148 $43,399,558 $44,273,092 $46,489,842 $49,027,494 $51,935,578 $55,074,627 $58,588,575 $60,636,353 $62,532,535 $64,467,115 $66,595,046 $68,748,982 $70,974,528 $73,217,475 $75,690,015 Reserve Fund Adjustment Potential Reserve potential $9,037,817 $37,373,117 $44,318,310 $79,873,437 $82,994,739 $72,190,684 $72,076,358 $58,860,584 $73,135,250 $84,142,452 $96,221,651 $110,201,860 $128,194,145 $134,215,487 $145,270,805 $156,288,619 $165,801,447 $169,687,264 $178,229,235 $186,523,044 $197,789,460 Potential Reserve additions $9,037,817 $16,103,049 $13,534,960 $1,586,191 $1,336,438 $1,338,693 $462,410 $873,533 $2,216,750 $2,537,652 $2,908,084 $3,139,049 $3,513,948 $2,047,778 $1,896,182 $1,934,580 $2,127,931 $2,153,936 $2,225,546 $2,242,947 $2,472,540 Subtractions from reserve fund $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Reserve fund total $9,037,817 $25,140,866 $38,675,826 $40,262,017 $41,598,455 $42,937,148 $43,399,558 $44,273,092 $46,489,842 $49,027,494 $51,935,578 $55,074,627 $58,588,575 $60,636,353 $62,532,535 $64,467,115 $66,595,046 $68,748,982 $70,974,528 $73,217,475 $75,690,015 Contra Costa CCA Customer Charges, $/MWh (with Reserve Fund Adjustment) Rate adjustment from Reserve Fund $7.7 $6.8 $3.8 $0.4 $0.4 $0.4 $0.1 $0.2 $0.6 $0.7 $0.8 $0.8 $0.9 $0.5 $0.5 $0.5 $0.6 $0.6 $0.6 $0.6 $0.6 Average Contra Costa CCA rate $77.8 $77.6 $75.2 $74.5 $76.5 $78.7 $79.2 $80.7 $84.8 $89.2 $94.2 $99.5 $105.5 $108.4 $111.3 $114.3 $117.7 $121.0 $124.5 $127.9 $131.8 PG&E average exit fees for CCA load $23.7 $19.1 $22.9 $16.6 $16.6 $15.7 $14.6 $12.6 $9.1 $8.0 $7.0 $6.0 $5.1 $3.1 $1.7 $0.6 $0.0 $0.0 $0.0 $0.0 $0.0 Total CCA customer rate $101.5 $96.7 $98.1 $91.1 $93.1 $94.4 $93.8 $93.4 $93.9 $97.1 $101.2 $105.5 $110.6 $111.5 $112.9 $114.9 $117.7 $121.0 $124.5 $127.9 $131.8 Note: Reserve fund revenue is used to reduce CCA rates if (i) CCA rates are lower than PG&E rates or (ii) the reserve fund reaches the ceiling of half a year of expenses. Contra Costa CCA CO2 emissions Emissions (Tonnes/MWh)0.04 0.03 0.02 0.02 0.02 0.02 0.02 0.04 0.05 0.05 0.05 0.05 0.05 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 Total emissions (Tonnes)48,104 76,449 70,394 71,051 71,298 72,351 73,983 158,002 195,517 194,741 195,332 196,074 197,642 162,803 163,997 165,333 166,460 167,595 168,634 170,197 171,328 205 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC G- 2 Scenario 2 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Expenses Cost of Power (including losses)$75,667,208 $155,562,573 $244,603,605 $253,936,224 $262,178,133 $270,821,465 $279,147,605 $288,420,808 $302,569,437 $318,621,199 $336,840,252 $356,586,893 $378,456,407 $388,844,347 $399,378,659 $410,314,502 $421,560,027 $432,993,327 $444,699,721 $456,541,793 $469,291,025 O&M/A&G Costs $9,081,989 $11,047,477 $14,037,456 $14,312,982 $14,596,957 $14,871,929 $15,146,845 $15,425,482 $15,722,408 $16,025,074 $16,333,641 $16,648,197 $16,968,859 $17,295,746 $17,628,978 $17,968,678 $18,314,999 $18,668,042 $19,027,938 $19,394,819 $19,768,820 Energy Efficiency Programming Costs Total Expenses $84,749,197 $166,610,049 $258,641,061 $268,249,207 $276,775,090 $285,693,394 $294,294,450 $303,846,289 $318,291,846 $334,646,273 $353,173,892 $373,235,090 $395,425,266 $406,140,093 $417,007,637 $428,283,180 $439,875,026 $451,661,369 $463,727,659 $475,936,612 $489,059,845 Debt Service $0 $5,489,006 $5,489,006 $5,489,006 $5,489,006 $5,489,006 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Revenue Requirement $84,749,197 $172,099,056 $264,130,067 $273,738,213 $282,264,096 $291,182,400 $294,294,450 $303,846,289 $318,291,846 $334,646,273 $353,173,892 $373,235,090 $395,425,266 $406,140,093 $417,007,637 $428,283,180 $439,875,026 $451,661,369 $463,727,659 $475,936,612 $489,059,845 Total Load, MWh 1,177,121 2,366,944 3,607,181 3,623,598 3,641,698 3,652,169 3,659,921 3,666,956 3,680,582 3,694,258 3,707,985 3,721,763 3,735,593 3,749,473 3,763,406 3,777,390 3,791,426 3,805,514 3,819,655 3,833,848 3,848,093 Contra Costa CCA Customer Charges, $/MWh (before Reserve Fund Adjustment) Average Contra Costa CCA generation $72.0 $72.7 $73.2 $75.5 $77.5 $79.7 $80.4 $82.9 $86.5 $90.6 $95.2 $100.3 $105.9 $108.3 $110.8 $113.4 $116.0 $118.7 $121.4 $124.1 $127.1 PG&E average exit fees for CCA load $23.7 $19.1 $22.9 $16.6 $16.6 $15.7 $14.6 $12.6 $9.1 $8.0 $7.0 $6.0 $5.1 $3.1 $1.7 $0.6 $0.0 $0.0 $0.0 $0.0 $0.0 Total CCA customer rate $95.7 $91.8 $96.1 $92.1 $94.1 $95.4 $95.0 $95.5 $95.6 $98.5 $102.2 $106.2 $111.0 $111.4 $112.5 $114.0 $116.0 $118.7 $121.4 $124.1 $127.1 PG&E average gen rate for CCA load, $/MWh $101.5 $105.7 $106.6 $112.7 $115.5 $113.8 $113.3 $109.2 $113.2 $119.2 $126.3 $134.2 $144.0 $146.7 $151.0 $155.7 $160.8 $165.0 $170.5 $176.0 $182.5 Reserve Fund Adjustment Target $12,712,380 $25,814,858 $39,619,510 $41,060,732 $42,339,614 $43,677,360 $44,144,167 $45,576,943 $47,743,777 $50,196,941 $52,976,084 $55,985,264 $59,313,790 $60,921,014 $62,551,146 $64,242,477 $65,981,254 $67,749,205 $69,559,149 $71,390,492 $73,358,977 Reserve Fund Adjustment Potential Reserve potential $6,866,063 $32,879,835 $38,027,080 $74,548,670 $78,053,677 $67,255,940 $67,112,296 $50,168,239 $64,775,682 $76,346,136 $89,284,946 $104,130,951 $123,359,382 $132,317,748 $145,146,736 $157,786,207 $169,893,397 $176,352,443 $187,665,096 $198,702,934 $213,329,715 Potential Reserve additions $6,866,063 $18,948,796 $13,804,652 $1,441,222 $1,278,883 $1,337,746 $466,807 $1,432,776 $2,166,833 $2,453,164 $2,779,143 $3,009,180 $3,328,526 $1,607,224 $1,630,132 $1,691,331 $1,738,777 $1,767,951 $1,809,944 $1,831,343 $1,968,485 Subtractions from reserve fund $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Reserve fund total $6,866,063 $25,814,858 $39,619,510 $41,060,732 $42,339,614 $43,677,360 $44,144,167 $45,576,943 $47,743,777 $50,196,941 $52,976,084 $55,985,264 $59,313,790 $60,921,014 $62,551,146 $64,242,477 $65,981,254 $67,749,205 $69,559,149 $71,390,492 $73,358,977 Contra Costa CCA Customer Charges, $/MWh (with Reserve Fund Adjustment) Rate adjustment from Reserve Fund $5.8 $8.0 $3.8 $0.4 $0.4 $0.4 $0.1 $0.4 $0.6 $0.7 $0.7 $0.8 $0.9 $0.4 $0.4 $0.4 $0.5 $0.5 $0.5 $0.5 $0.5 Average Contra Costa CCA rate $77.8 $80.7 $77.1 $75.9 $77.9 $80.1 $80.5 $83.3 $87.1 $91.2 $96.0 $101.1 $106.7 $108.7 $111.2 $113.8 $116.5 $119.2 $121.9 $124.6 $127.6 PG&E average exit fees for CCA load $23.7 $19.1 $22.9 $16.6 $16.6 $15.7 $14.6 $12.6 $9.1 $8.0 $7.0 $6.0 $5.1 $3.1 $1.7 $0.6 $0.0 $0.0 $0.0 $0.0 $0.0 Total CCA customer rate $101.5 $99.8 $99.9 $92.5 $94.4 $95.8 $95.1 $95.9 $96.1 $99.2 $103.0 $107.1 $111.9 $111.9 $112.9 $114.4 $116.5 $119.2 $121.9 $124.6 $127.6 Note: Reserve fund revenue is used to reduce CCA rates if (i) CCA rates are lower than PG&E rates or (ii) the reserve fund reaches the ceiling of half a year of expenses. Contra Costa CCA CO2 emissions Emissions (Tonnes/MWh)0.04 0.03 0.02 0.02 0.02 0.02 0.02 0.04 0.05 0.05 0.05 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 Total emissions (Tonnes)48,104 76,449 70,394 71,051 71,298 72,351 73,983 158,002 195,517 194,741 179,036 161,586 144,182 144,830 145,465 146,223 146,793 147,369 147,857 148,803 149,369 206 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC G- 3 Scenario 3 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Expenses Cost of Power (including losses)$73,821,840 $152,481,196 $241,777,679 $253,556,146 $264,094,600 $275,032,738 $285,950,513 $294,594,258 $312,594,056 $333,441,830 $353,576,083 $374,999,146 $398,607,664 $412,772,050 $425,891,475 $439,246,520 $452,905,747 $466,709,445 $480,979,253 $495,335,405 $511,232,007 O&M/A&G Costs $9,081,989 $11,047,477 $14,037,456 $14,312,982 $14,596,957 $14,871,929 $15,146,845 $15,425,482 $15,722,408 $16,025,074 $16,333,641 $16,648,197 $16,968,859 $17,295,746 $17,628,978 $17,968,678 $18,314,999 $18,668,042 $19,027,938 $19,394,819 $19,768,820 Energy Efficiency Programming Costs Total Expenses $82,903,829 $163,528,673 $255,815,136 $267,869,129 $278,691,558 $289,904,667 $301,097,358 $310,019,739 $328,316,464 $349,466,905 $369,909,723 $391,647,343 $415,576,523 $430,067,796 $443,520,453 $457,215,198 $471,220,746 $485,377,487 $500,007,190 $514,730,224 $531,000,828 Debt Service $0 $5,489,006 $5,489,006 $5,489,006 $5,489,006 $5,489,006 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Revenue Requirement $82,903,829 $169,017,679 $261,304,142 $273,358,135 $284,180,564 $295,393,673 $301,097,358 $310,019,739 $328,316,464 $349,466,905 $369,909,723 $391,647,343 $415,576,523 $430,067,796 $443,520,453 $457,215,198 $471,220,746 $485,377,487 $500,007,190 $514,730,224 $531,000,828 Total Load, MWh 1,177,121 2,366,944 3,607,181 3,623,598 3,641,698 3,652,169 3,659,921 3,666,956 3,680,582 3,694,258 3,707,985 3,721,763 3,735,593 3,749,473 3,763,406 3,777,390 3,791,426 3,805,514 3,819,655 3,833,848 3,848,093 Contra Costa CCA Customer Charges, $/MWh (before Reserve Fund Adjustment) Average Contra Costa CCA generation $70.4 $71.4 $72.4 $75.4 $78.0 $80.9 $82.3 $84.5 $89.2 $94.6 $99.8 $105.2 $111.2 $114.7 $117.9 $121.0 $124.3 $127.5 $130.9 $134.3 $138.0 PG&E average exit fees for CCA load $23.7 $19.1 $22.9 $16.6 $16.6 $15.7 $14.6 $12.6 $9.1 $8.0 $7.0 $6.0 $5.1 $3.1 $1.7 $0.6 $0.0 $0.0 $0.0 $0.0 $0.0 Total CCA customer rate $94.1 $90.5 $95.3 $92.0 $94.6 $96.6 $96.8 $97.2 $98.3 $102.6 $106.8 $111.2 $116.4 $117.8 $119.5 $121.6 $124.3 $127.5 $130.9 $134.3 $138.0 PG&E average gen rate for CCA load, $/MWh $101.5 $105.7 $106.6 $112.7 $115.5 $113.8 $113.3 $109.2 $113.2 $119.2 $126.3 $134.2 $144.0 $146.7 $151.0 $155.7 $160.8 $165.0 $170.5 $176.0 $182.5 Reserve Fund Adjustment Target $12,435,574 $25,352,652 $39,195,621 $41,003,720 $42,627,085 $44,309,051 $45,164,604 $46,502,961 $49,247,470 $52,420,036 $55,486,459 $58,747,101 $62,336,479 $64,510,169 $66,528,068 $68,582,280 $70,683,112 $72,806,623 $75,001,079 $77,209,534 $79,650,124 Reserve Fund Adjustment Potential Reserve potential $8,711,430 $35,961,212 $40,853,005 $74,928,748 $76,137,209 $63,044,667 $60,309,388 $43,994,789 $54,751,063 $61,525,504 $72,549,115 $85,718,698 $103,208,125 $108,390,045 $118,633,920 $128,854,190 $138,547,677 $142,636,325 $151,385,564 $159,909,323 $171,388,732 Potential Reserve additions $8,711,430 $16,641,221 $13,842,969 $1,808,099 $1,623,364 $1,681,966 $855,553 $1,338,357 $2,744,509 $3,172,566 $3,066,423 $3,260,643 $3,589,377 $2,173,691 $2,017,899 $2,054,212 $2,100,832 $2,123,511 $2,194,456 $2,208,455 $2,440,591 Subtractions from reserve fund $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Reserve fund total $8,711,430 $25,352,652 $39,195,621 $41,003,720 $42,627,085 $44,309,051 $45,164,604 $46,502,961 $49,247,470 $52,420,036 $55,486,459 $58,747,101 $62,336,479 $64,510,169 $66,528,068 $68,582,280 $70,683,112 $72,806,623 $75,001,079 $77,209,534 $79,650,124 Contra Costa CCA Customer Charges, $/MWh (with Reserve Fund Adjustment) Rate adjustment from Reserve Fund $7.4 $7.0 $3.8 $0.5 $0.4 $0.5 $0.2 $0.4 $0.7 $0.9 $0.8 $0.9 $1.0 $0.6 $0.5 $0.5 $0.6 $0.6 $0.6 $0.6 $0.6 Average Contra Costa CCA rate $77.8 $78.4 $76.3 $75.9 $78.5 $81.3 $82.5 $84.9 $89.9 $95.5 $100.6 $106.1 $112.2 $115.3 $118.4 $121.6 $124.8 $128.1 $131.5 $134.8 $138.6 PG&E average exit fees for CCA load $23.7 $19.1 $22.9 $16.6 $16.6 $15.7 $14.6 $12.6 $9.1 $8.0 $7.0 $6.0 $5.1 $3.1 $1.7 $0.6 $0.0 $0.0 $0.0 $0.0 $0.0 Total CCA customer rate $101.5 $97.5 $99.1 $92.5 $95.1 $97.0 $97.1 $97.5 $99.0 $103.4 $107.6 $112.1 $117.3 $118.4 $120.1 $122.2 $124.8 $128.1 $131.5 $134.8 $138.6 Note: Reserve fund revenue is used to reduce CCA rates if (i) CCA rates are lower than PG&E rates or (ii) the reserve fund reaches the ceiling of half a year of expenses. Contra Costa CCA CO2 emissions Emissions (Tonnes/MWh)0.04 0.03 0.02 0.02 0.02 0.02 0.02 0.04 0.05 0.05 0.05 0.05 0.05 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 Total emissions (Tonnes)48,104 76,449 70,394 71,051 71,298 72,351 73,983 158,002 195,517 194,741 195,332 196,074 197,642 162,803 163,997 165,333 166,460 167,595 168,634 170,197 171,328 207 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC G- 4 Scenario 4 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Expenses Cost of Power (including losses)$76,298,847 $158,353,376 $251,613,719 $264,966,652 $277,857,664 $291,930,494 $307,270,279 $327,315,270 $351,172,361 $379,984,062 $400,711,371 $422,894,433 $448,135,664 $459,135,226 $470,252,191 $481,804,642 $493,681,157 $505,723,842 $518,057,626 $530,499,789 $543,962,195 O&M/A&G Costs $9,081,989 $11,047,477 $14,037,456 $14,312,982 $14,596,957 $14,871,929 $15,146,845 $15,425,482 $15,722,408 $16,025,074 $16,333,641 $16,648,197 $16,968,859 $17,295,746 $17,628,978 $17,968,678 $18,314,999 $18,668,042 $19,027,938 $19,394,819 $19,768,820 Energy Efficiency Programming Costs Total Expenses $85,380,836 $169,400,852 $265,651,176 $279,279,634 $292,454,621 $306,802,423 $322,417,124 $342,740,752 $366,894,769 $396,009,136 $417,045,012 $439,542,630 $465,104,523 $476,430,971 $487,881,169 $499,773,320 $511,996,156 $524,391,884 $537,085,564 $549,894,608 $563,731,016 Debt Service $0 $5,489,006 $5,489,006 $5,489,006 $5,489,006 $5,489,006 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Revenue Requirement $85,380,836 $174,889,859 $271,140,182 $284,768,640 $297,943,628 $312,291,430 $322,417,124 $342,740,752 $366,894,769 $396,009,136 $417,045,012 $439,542,630 $465,104,523 $476,430,971 $487,881,169 $499,773,320 $511,996,156 $524,391,884 $537,085,564 $549,894,608 $563,731,016 Total Load, MWh 1,177,121 2,366,944 3,607,181 3,623,598 3,641,698 3,652,169 3,659,921 3,666,956 3,680,582 3,694,258 3,707,985 3,721,763 3,735,593 3,749,473 3,763,406 3,777,390 3,791,426 3,805,514 3,819,655 3,833,848 3,848,093 Contra Costa CCA Customer Charges, $/MWh (before Reserve Fund Adjustment) Average Contra Costa CCA generation $72.5 $73.9 $75.2 $78.6 $81.8 $85.5 $88.1 $93.5 $99.7 $107.2 $112.5 $118.1 $124.5 $127.1 $129.6 $132.3 $135.0 $137.8 $140.6 $143.4 $146.5 PG&E average exit fees for CCA load $23.7 $19.1 $22.9 $16.6 $16.6 $15.7 $14.6 $12.6 $9.1 $8.0 $7.0 $6.0 $5.1 $3.1 $1.7 $0.6 $0.0 $0.0 $0.0 $0.0 $0.0 Total CCA customer rate $96.2 $93.0 $98.0 $95.1 $98.4 $101.2 $102.7 $106.1 $108.8 $115.2 $119.5 $124.1 $129.6 $130.2 $131.3 $132.9 $135.0 $137.8 $140.6 $143.4 $146.5 PG&E average gen rate for CCA load, $/MWh $101.5 $105.7 $106.6 $112.7 $115.5 $113.8 $113.3 $109.2 $113.2 $119.2 $126.3 $134.2 $144.0 $146.7 $151.0 $155.7 $160.8 $165.0 $170.5 $176.0 $182.5 Reserve Fund Adjustment Target $12,807,125 $26,233,479 $40,671,027 $42,715,296 $44,691,544 $46,843,714 $48,362,569 $51,411,113 $55,034,215 $59,401,370 $62,556,752 $65,931,394 $69,765,678 $71,464,646 $73,182,175 $74,965,998 $76,799,423 $78,658,783 $80,562,835 $82,484,191 $84,559,652 Reserve Fund Adjustment Potential Reserve potential $6,234,424 $30,089,033 $31,016,965 $63,518,242 $62,374,145 $46,146,910 $38,989,622 $11,273,777 $16,172,758 $14,983,272 $25,413,827 $37,823,411 $53,680,125 $62,026,869 $74,273,204 $86,296,068 $97,772,267 $103,621,928 $114,307,191 $124,744,938 $138,658,544 Potential Reserve additions $6,234,424 $19,999,055 $14,437,549 $2,044,269 $1,976,248 $2,152,170 $1,518,854 $3,048,544 $3,623,103 $4,367,155 $3,155,381 $3,374,643 $3,834,284 $1,698,967 $1,717,530 $1,783,823 $1,833,425 $1,859,359 $1,904,052 $1,921,357 $2,075,461 Subtractions from reserve fund $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Reserve fund total $6,234,424 $26,233,479 $40,671,027 $42,715,296 $44,691,544 $46,843,714 $48,362,569 $51,411,113 $55,034,215 $59,401,370 $62,556,752 $65,931,394 $69,765,678 $71,464,646 $73,182,175 $74,965,998 $76,799,423 $78,658,783 $80,562,835 $82,484,191 $84,559,652 Contra Costa CCA Customer Charges, $/MWh (with Reserve Fund Adjustment) Rate adjustment from Reserve Fund $5.3 $8.4 $4.0 $0.6 $0.5 $0.6 $0.4 $0.8 $1.0 $1.2 $0.9 $0.9 $1.0 $0.5 $0.5 $0.5 $0.5 $0.5 $0.5 $0.5 $0.5 Average Contra Costa CCA rate $77.8 $82.3 $79.2 $79.2 $82.4 $86.1 $88.5 $94.3 $100.7 $108.4 $113.3 $119.0 $125.5 $127.5 $130.1 $132.8 $135.5 $138.3 $141.1 $143.9 $147.0 PG&E average exit fees for CCA load $23.7 $19.1 $22.9 $16.6 $16.6 $15.7 $14.6 $12.6 $9.1 $8.0 $7.0 $6.0 $5.1 $3.1 $1.7 $0.6 $0.0 $0.0 $0.0 $0.0 $0.0 Total CCA customer rate $101.5 $101.4 $102.0 $95.7 $98.9 $101.8 $103.1 $106.9 $109.7 $116.3 $120.3 $125.0 $130.6 $130.6 $131.8 $133.4 $135.5 $138.3 $141.1 $143.9 $147.0 Note: Reserve fund revenue is used to reduce CCA rates if (i) CCA rates are lower than PG&E rates or (ii) the reserve fund reaches the ceiling of half a year of expenses. Contra Costa CCA CO2 emissions Emissions (Tonnes/MWh)0.04 0.03 0.02 0.02 0.02 0.02 0.02 0.04 0.05 0.05 0.05 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 Total emissions (Tonnes)48,104 76,449 70,394 71,051 71,298 72,351 73,983 158,002 195,517 194,741 179,036 161,586 144,182 144,830 145,465 146,223 146,793 147,369 147,857 148,803 149,369 208 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC H- 1 Appendix H. MCE and EBCE’s Joint Power Agreements 209 MARIN CLEAN ENERGY ADDENDUM NO. 4 TO THE REVISED COMMUNITY CHOICE AGGREGATION IMPLEMENTATION PLAN AND STATEMENT OF INTENT TO ADDRESS MCE EXPANSION TO THE CITIES OF AMERICAN CANYON, CALISTOGA, LAFAYETTE, NAPA, SAINT HELENA, WALNUT CREEK, AND THE TOWN OF YOUNTVILLE April 21, 2016 For copies of this document contact Marin Clean Energy in San Rafael, California or visit www.mcecleanenergy.org 210 i April 2016 – Addendum No. 4 Table of Contents CHAPTER 1 – Introduction ............................................................................................................................... 2 CHAPTER 2 – Changes to Address MCE Expansion ........................................................................... 4 Aggregation Process ............................................................................................................................................. 5 Program Phase-In ................................................................................................................................................. 6 Sales Forecast ......................................................................................................................................................... 7 Financial Plan ...................................................................................................................................................... 11 Expansion Addendum Appendices ................................................................................................................. 11 211 CHAPTER 1 – Introduction The purpose of this document is to make certain revisions to the Marin Clean Energy Implementation Plan and Statement of Intent in order to address the expansion of Marin Clean Energy (“MCE”) to the Cities of American Canyon, Calistoga, Lafayette, Napa, Saint Helena, Walnut Creek, and the Town of Yountville. MCE is a public agency that was formed in December 2008 for purposes of implementing a community choice aggregation (“CCA”) program and other energy-related programs targeting significant greenhouse gas emissions (“GHG”) reductions. At that time, the Member Agencies of MCE included eight of the twelve municipalities located within the geographic boundaries of Marin County: the cities/towns of Belvedere, Fairfax, Mill Valley, San Anselmo, San Rafael, Sausalito and Tiburon and the County of Marin (together the “Members” or “Member Agencies”). In anticipation of CCA program implementation and in compliance with state law, MCE submitted the Marin Energy Authority Community Choice Aggregation Implementation Plan and Statement of Intent (“Implementation Plan”) to the California Public Utilities Commission (“CPUC” or “Commission”) on December 9, 2009. Consistent with its expressed intent, MCE successfully launched its CCA program, Marin Clean Energy (“MCE” or “Program”), on May 7, 2010 and has been serving customers since that time. During the second half of 2011, four additional municipalities within Marin County, the cities of Novato and Larkspur and the towns of Ross and Corte Madera, joined MCE, and a revised Implementation Plan reflecting updates related to said expansion was filed with the CPUC on December 3, 2011. Subsequently, the City of Richmond, located in Contra Costa County, joined MCE, and a revised Implementation Plan reflecting updates related to this expansion was filed with the CPUC on July 6, 2012. A revision to MCE’s Implementation Plan was then filed with the Commission on November 6, 2012 to ensure compliance with Commission Decision 12-08-045, which was issued on August 31, 2012. In Decision 12-08-045, the Commission directed existing CCA programs to file revised Implementation Plans to conform to the privacy rules in Attachment B of this Decision. During 2015, the County of Napa and the Cities of Benicia, El Cerrito, and San Pablo joined MCE; service was extended to customers in unincorporated Napa County during February, 2015 and to customers in Benicia, El Cerrito and San Pablo during May, 2015. To address the anticipated effects of these expansions, MCE filed with the Commission a revision to its Implementation Plan on July 18, 2014 to address expansion to the County of Napa (the Commission subsequently certified this revision on September 15, 2014); following this revision, MCE submitted Addendum #1 to the Revised Community Choice Aggregation Implementation Plan and Statement of Intent to Address MCE Expansion to the City of San Pablo (Addendum #1) on September 25, 2014 (the Commission subsequently certified Addendum #1 on October 29, 2014); and Addendum #2 to the Revised Community Choice Aggregation Implementation Plan and Statement of Intent to Address MCE Expansion to the City of Benicia (Addendum #2) on November 21, 2014 (the Commission subsequently certified Addendum #2 on December 1, 2014); and Addendum #3 to the Revised Community Choice Aggregation Implementation Plan and Statement of Intent to Address MCE Expansion to the City of El Cerrito (Addendum #3) on January 8, 2015 (the Commission subsequently certified Addendum #3 on January 16, 2015) 212 2 April 2016 – Addendum No. 4 Numerous communities continue to contact MCE regarding membership opportunities, including specific requests to join MCE and initiate related CCA service within these various jurisdictions. In response to these inquiries, MCE’s governing board adopted Policy 007, which establishes a formal process and specific criteria for new member additions. In particular, this policy identifies several threshold requirements, including the specification that any prospective member evaluation demonstrate rate-related savings (based on prevailing market prices for requisite energy products at the time of each analysis) as well as environmental benefits (as measured by anticipated reductions in greenhouse gas emissions and increased renewable energy sales to CCA customers) before proceeding with expansion activities, including the filing of related revisions/addenda to this Implementation Plan. As MCE receives new membership requests, staff will follow the prescribed evaluative process of Policy 007 and will present related results at future public meetings. To the extent that membership evaluations demonstrate favorable results and any new community completes the process of joining MCE, this Implementation Plan will be revised through a related addendum, highlighting key impacts and consequences associated with the addition of such new community/communities. The MCE program now provides electric generation service to approximately 170,000 customers, including a cross section of residential and commercial accounts. During its more than five-year operating history, non-member municipalities have monitored MCE progress, evaluating the potential opportunity for membership, which would enable customer choice with respect to electric generation service. In response to public interest and MCE’s successful operational track record, the each of Cities of American Canyon, Calistoga, Lafayette, Napa, Saint Helena, Walnut Creek and the Town of Yountville requested MCE membership, consistent with MCE Policy 007, and adopted the requisite ordinance for joining MCE. MCE’s Board of Directors approved the membership requests at a duly noticed public meeting on April 21, 2016 through the approval of Resolution No. 2016-01. This Addendum No. 4 to the Marin Clean Energy Community Choice Aggregation Implementation Plan and Statement of Intent (“Addendum No. 3”) describes MCE’s expansion plans to include the Cities of American Canyon, Calistoga, Lafayette, Napa, Saint Helena, Walnut Creek and the Town of Yountville. According to the Commission, the Energy Division is required to receive and review a revised MCE implementation plan reflecting changes/consequences of additional members. With this in mind, MCE has reviewed its revised Implementation Plan, which was filed with the Commission on July 18, 2014, as well as previous Addendums, and has identified certain information that requires updating to reflect the changes and consequences of adding the new municipalities as well as other forecast modifications reflecting the most recent historical electric energy use within MCE’s existing service territory. This Addendum No. 4 reflects pertinent changes related to the new member additions as well as projections that account for MCE’s planned expansion and recent operations. This document format, including references to MCE’s most recent Implementation Plan revision (filed with the Commission on July 18, 2014 and certified by the Commission on September 15, 2014), which is incorporated by reference and attached hereto as Appendix D, addresses all requirements identified in PU Code Section 366.2(c)(4), including universal access, reliability, equitable treatment of all customer classes and any requirements established by state law or by the CPUC concerning aggregated service, while streamlining public review of pertinent changes related to MCE expansion. CHAPTER 2 – Changes to Address MCE Expansion to the Cities of American Canyon, Calistoga, Lafayette, Napa, Walnut Creek, and the Town of Yountville 213 3 April 2016 – Addendum No. 4 This Addendum No. 4 addresses the anticipated impacts of MCE’s planned expansion to the Cities of American Canyon, Calistoga, Lafayette, Napa, Walnut Creek, and the Town of Yountville, as well as other forecast modifications reflecting the most recent historical electric energy use within MCE’s existing service territory. As a result of these member additions, certain assumptions regarding MCE’s future operations have changed, including customer energy requirements, peak demand, renewable energy purchases, revenues and expenses as well as various other items. The following section highlights pertinent changes related to this planned expansion. To the extent that certain details related to membership expansion are not specifically discussed within this Addendum No. 4, MCE represents that such information shall remain unchanged relative to the July 18, 2014 Implementation Plan revision, which was certified by the Commission on September 15, 2014. With regard to the defined terms Members and Member Agencies, the following communities are now signatories to the MCE Joint Powers Agreement and represent MCE’s current membership: Member Agencies City of American Canyon City of Belvedere City of Benicia City of Calistoga Town of Corte Madera City of El Cerrito Town of Fairfax City of Lafayette City of Larkspur City of Mill Valley County of Marin City of Napa County of Napa City of Novato City of Richmond Town of Ross Town of San Anselmo City of San Pablo City of San Rafael City of Sausalito Town of Tiburon City of Walnut Creek Town of Yountville Throughout this document, use of the terms Members and Member Agencies shall now include the aforementioned communities. To the extent that discussion addresses the process of aggregation and MCE organization, each of these communities is now an MCE Member and its electric customers will be offered CCA service consistent with the noted phase-in schedule. Aggregation Process 214 4 April 2016 – Addendum No. 4 MCE’s aggregation process was discussed in Chapter 2 of MCE’s July 18, 2014 Revised Implementation Plan. This first paragraph of Chapter 2 is replaced in its entirety with the following verbiage: As previously noted, MCE successfully launched its CCA Program, MCE, on May 7, 2010 after meeting applicable statutory requirements and in consideration of planning elements described in its initial Implementation Plan. At this point in time, MCE plans to expand agency membership to include the Cities of American Canyon, Calistoga, Lafayette, Napa, Saint Helena, Walnut Creek and the Town of Yountville. These communities have requested MCE membership, and MCE’s Board of Directors subsequently approved the membership requests at a duly noticed public meeting on April 21, 2016. Program Phase-In Program phase-in was discussed in Chapter 5 of MCE’s July 18, 2014 Revised Implementation Plan. Chapter 5 is replaced in its entirety with the following verbiage: MCE will continue to phase-in the customers of its CCA Program as communicated in this Implementation Plan. To date, six phases have been successfully implemented, and a seventh phase will commence in September 2016. The seventh phase will now include service commencement to customers located within the Cities of American Canyon, Calistoga, Lafayette, Napa, Saint Helena, Walnut Creek and the Town of Yountville, as reflected in the following table. MCE Phase No. Status & Description of Phase Implementation Date Phase 1 Complete: MCE Member (municipal) accounts & a subset of residential, commercial and/or industrial accounts, comprising approximately 20 percent of total customer load within MCE’s original Member Agencies. May 7, 2010 Phase 2 Complete: Additional commercial and residential accounts, comprising approximately 20 percent of total customer load within MCE’s original Member Agencies (incremental addition to Phase 1). August 2011 Phase 3 Complete: Remaining accounts within Marin County. July 2012 Phase 4 Complete: Residential, commercial, agricultural, and street lighting accounts within the City of Richmond. July 2013 Phase 5 Complete: Residential, commercial, agricultural, and street lighting accounts within the unincorporated areas of Napa County, subject to economic and operational constraints. February 2015 215 5 April 2016 – Addendum No. 4 MCE Phase No. Status & Description of Phase Implementation Date Phase 6 Complete: Residential, commercial, agricultural, and street lighting accounts within the City of San Pablo, the City of Benicia and the City of El Cerrito, subject to economic and operational constraints. May 2015 Phase 7 September 2016: Residential, commercial, agricultural, and street lighting accounts within the Cities of American Canyon, Calistoga, Lafayette, Napa, Saint Helena, Walnut Creek and the Town of Yountville, subject to economic and operational constraints. September 2016 This approach has provided MCE with the ability to start slow, addressing any problems or unforeseen challenges on a small manageable program before gradually building to full program integration for an expected customer base of approximately 256,000 accounts, following completion of Phase 7 customer enrollments. This approach has also allowed MCE and its energy supplier(s) to address all system requirements (billing, collections, payments) under a phase-in approach to minimize potential exposure to uncertainty and financial risk by “walking” prior to ultimately “running”. The Board may evaluate other phase-in options based on then- current market conditions, statutory requirements and regulatory considerations as well as other factors potentially affecting the integration of additional customer accounts. Sales Forecast With regard to MCE’s sales forecast, which is addressed in Chapter 6, Load Forecast and Resource Plan, MCE assumes that total annual retail sales will increase to approximately 2,800 GWh following Phase 7 expansion. The following tables have also been updated to reflect the impacts of planned expansion to MCE’s new membership. 216 6 April 2016 – Addendum No. 4 Chapter 6, Resource Plan Overview 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 MCE Demand (GWh) Retail Demand -91 -185 -570 -1,110 -1,252 -1,710 -2,103 -2,802 -2,816 -2,830 Distributed Generation 0 2 4 5 9 14 19 24 31 40 Energy Efficiency 0 0 0 0 1 1 22 31 43 58 Losses and UFE -5 -11 -34 -66 -74 -102 -124 -165 -165 -164 Total Demand -97 -195 -601 -1,172 -1,315 -1,796 -2,185 -2,913 -2,906 -2,897 MCE Supply (GWh) Renewable Resources Generation 0 0 0 0 0 0 0 0 0 0 Power Purchase Contracts 23 50 289 564 645 927 1,130 1,602 1,695 1,784 Total Renewable Resources 23 50 289 564 645 927 1,130 1,602 1,695 1,784 Conventional Resources Generation 0 0 0 0 0 0 0 0 0 0 Power Purchase Contracts 74 145 312 608 670 869 1,056 1,310 1,212 1,112 Total Conventional Resources 74 145 312 608 670 869 1,056 1,310 1,212 1,112 Total Supply 97 195 601 1,172 1,315 1,796 2,185 2,913 2,906 2,897 Energy Open Position (GWh)0 0 0 0 0 0 0 0 0 0 2010 to 2019 Marin Clean Energy Proposed Resource Plan (GWH) Chapter 6, Customer Forecast May-10 Aug-11 Jul-12 Jul-13 Feb-15 May-15 Sep-16 MCE Customers Residential 7,354 12,503 77,345 106,510 120,204 149,610 225,128 Commercial & Industrial 579 1,114 9,913 13,098 15,316 19,147 27,274 Street Lighting & Traffic 138 141 443 748 1,014 1,219 1,866 Ag & Pumping - <15 113 109 1,467 1,625 1,700 Total 8,071 13,759 87,814 120,465 138,001 171,601 255,968 Marin Clean Energy Enrolled Retail Service Accounts Phase-In Period (End of Month) 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 MCE Customers Residential 7,354 12,503 77,345 106,510 106,510 149,610 225,128 225,128 226,254 227,385 Commercial & Industrial 579 1,114 9,913 13,098 13,098 19,147 27,274 27,274 27,410 27,547 Street Lighting & Traffic 138 141 443 748 748 1,219 1,866 1,866 1,875 1,885 Ag & Pumping - <15 113 109 109 1,625 1,700 1,700 1,709 1,717 Total 8,071 13,759 87,814 120,465 120,465 171,601 255,968 255,968 257,248 258,534 Marin Clean Energy Retail Service Accounts (End of Year) 2010 to 2019 217 7 April 2016 – Addendum No. 4 Chapter 6, Sales Forecast 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 MCE Energy Requirements (GWh) Retail Demand 91 185 570 1,110 1,252 1,710 2,103 2,802 2,816 2,830 Distributed Generation 0 -2 -4 -5 -9 -14 -19 -24 -31 -40 Energy Efficiency 0 0 0 0 -1 -1 -22 -31 -43 -58 Losses and UFE 5 11 34 66 74 102 124 165 165 164 Total Load Requirement 97 195 601 1,172 1,315 1,796 2,185 2,913 2,906 2,897 2010 to 2019 Marin Clean Energy Energy Requirements (GWH) Chapter 6, Capacity Requirements 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Demand (MW) Retail Demand 28 46 182 233 234 318 447 499 501 504 Distributed Generation - (1) (2) (3) (5) (8) (11) (14) (18) (23) Energy Efficiency - - - (0) (0) (0) (5) (7) (10) (13) Losses and UFE 2 3 11 14 14 19 26 29 28 28 Total Net Peak Demand 30 47 191 244 243 328 457 507 502 496 Reserve Requirement (%)15% 15% 15% 15% 15% 15% 15% 15% 15% 15% Capacity Reserve Requirement 4 7 29 37 36 49 69 76 75 74 Capacity Requirement Including Reserve 34 55 220 281 279 377 526 583 578 571 2010 to 2019 Marin Clean Energy Capacity Requirements (MW) Chapter 6, Renewable Portfolio Standards Energy Requirements 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Retail Sales 91,219 183,741 566,640 1,105,385 1,240,992 1,694,449 2,061,766 2,747,986 2,741,727 2,732,840 Baseline - 18,244 36,748 113,328 221,077 269,295 394,807 515,442 741,956 795,101 Incremental Procurement Target 18,244 18,504 76,580 107,749 48,218 125,511 120,635 226,515 53,145 52,080 Annual Procurement Target 18,244 36,748 113,328 221,077 269,295 394,807 515,442 741,956 795,101 847,180 % of Current Year Retail Sales 20% 20% 20% 20% 22% 23% 25% 27% 29% 31% 2010 to 2019 Marin Clean Energy RPS Requirements (MWH) 218 8 April 2016 – Addendum No. 4 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Retail Sales (MWh)91,219 183,741 566,640 1,105,385 1,240,992 1,694,449 2,061,766 2,747,986 2,741,727 2,732,840 Annual RPS Target (Minimum MWh)18,244 36,748 113,328 221,077 269,295 394,807 515,442 741,956 795,101 847,180 Program Target (% of Retail Sales)25% 27% 51% 51% 52% 55% 55% 58% 62% 65% Program Renewable Target (MWh)22,805 49,610 288,986 563,746 645,316 926,796 1,129,889 1,602,464 1,694,720 1,784,435 Surplus In Excess of RPS (MWh)4,561 12,862 175,658 342,669 376,021 531,989 614,448 860,508 899,619 937,255 Annual Increase (MWh)22,805 26,805 239,376 274,760 81,569 281,480 203,094 472,575 92,256 89,715 2010 to 2019 Marin Clean Energy RPS Requirements and Program Renewable Energy Targets (MWH) Chapter 6, Energy Efficiency 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 MCE Retail Demand 91 185 570 1,110 1,252 1,710 2,103 2,802 2,816 2,830 MCE Energy Efficiency Goal 0 0 0 0 -1 -1 -22 -31 -43 -58 Energy Efficiency Savings Goals (GWH) 2010 to 2019 Marin Clean Energy Chapter 6, Demand Response 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Total Capacity Requirement (MW)34 55 220 281 279 377 526 583 578 571 Greater Bay Area Capacity Requirement (MW)5 9 35 44 44 40 56 62 61 61 Demand Response Target - - - - - - - 7 14 29 Percentage of Local Capacity Requirment 0% 0% 0% 0% 0% 0% 0% 12% 23% 47% Marin Clean Energy Demand Response Goals (MW) 2010 to 2019 Chapter 6, Distributed Generation 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 DG Capacity - 1 2 3 5 8 11 14 18 23 Marin Clean Energy Distributed Generation Projections (MW) to 219 Financial Plan With regard to MCE’s financial plan, which is addressed in Chapter 7, Financial Plan, MCE has updated its expected operating results, which now include projected impacts related to service expansion within MCE’s new member communities. The following table reflects updated operating projections in consideration of these planned expansions. Chapter 7, CCA Program Implementation Feasibility Analysis Expansion Addendum Appendices Appendix A: Marin Clean Energy Resolution 2016-01 Appendix B: Joint Powers Agreement Appendix C: Member Ordinances Appendix D: Marin Clean Energy Revised Implementation Plan and Statement of Intent (July 18, 2014) CATEGORY 2013 2014 2015 2016 2017 2018 2019 2020 2021 I. REVENUES FROM OPERATIONS ($) ELECTRIC SALES REVENUE 79,097,747 96,963,884 135,021,092 169,271,724 216,452,212 213,543,823 214,611,542 220,764,561 228,524,436 LESS UNCOLLECTIBLE ACCOUNTS (395,489) (484,819) (675,105) (846,359) (1,082,261) (1,067,719) (1,073,058) (1,103,823) (1,142,622) LESS NET ENERGY METERING CREDITS (314,809) (385,916) (546,879) (362,202) (425,212) (427,338) (429,475) (431,621) (433,781) TOTAL REVENUES 78,702,259 96,479,065 134,345,986 168,425,365 215,369,951 212,476,104 213,538,484 219,660,739 227,381,813 II. COST OF OPERATIONS ($) (A) ADMINISTRATIVE AND GENERAL (A&G) STAFFING 1,386,303 1,825,000 2,710,500 4,598,125 5,485,201 5,649,757 5,819,250 5,993,828 6,173,642 CONTRACT SERVICES 4,457,964 4,572,751 4,838,757 6,351,549 7,383,653 7,477,211 7,572,972 7,670,983 7,771,338 IOU FEES (INCLUDING BILLING)584,729 660,114 877,953 1,101,770 1,444,734 1,495,516 1,548,084 1,602,499 1,658,827 OTHER A&G 302,806 373,125 610,500 519,624 472,850 486,017 499,579 513,549 527,937 SUBTOTAL A&G 6,731,802 7,430,990 9,037,711 12,571,067 14,786,438 15,108,502 15,439,885 15,780,858 16,131,744 (B) COST OF ENERGY 67,886,604 82,928,413 115,624,967 142,856,566 183,655,605 166,704,670 175,122,240 182,541,059 190,601,655 (C) DEBT SERVICE 1,195,162 1,195,162 2,450,457 455,000 455,000 455,000 455,000 455,000 455,000 TOTAL COST OF OPERATION 75,813,568 91,554,564 127,113,135 155,882,633 198,897,043 182,268,172 191,017,125 198,776,917 207,188,399 CCA PROGRAM SURPLUS/(DEFICIT)2,888,691 4,924,500 7,232,851 12,542,733 16,472,908 30,207,932 22,521,359 20,883,822 20,193,415 Marin Clean Energy Summary of CCA Program Phase-In (January 2013 through December 2021) 220 APPENDIX A 221 222 10 April 2016 – Addendum No. 4 APPENDIX B Marin Energy Authority - Joint Powers Agreement - Effective December 19, 2008 As amended by Amendment No. 1 dated December 3, 2009 As further amended by Amendment No. 2 dated March 4, 2010 As further amended by Amendment No. 3 dated May 6, 2010 As further amended by Amendment No. 4 dated December 1, 2011 As further amended by Amendment No. 5 dated July 5, 2012 As further amended by Amendment No. 6 dated September 5, 2013 As further amended by Amendment No. 7 dated December 5, 2013 As further amended by Amendment No. 8 dated September 4, 2014 As further amended by Amendment No. 9 dated December 4, 2014 As further amended by Amendment No. 10 dated April 21, 2016 Among The Following Parties: City of American Canyon City of Belvedere City of Benicia City of Calistoga Town of Corte Madera City of El Cerrito Town of Fairfax City of Lafayette City of Larkspur City of Mill Valley City of Napa City of Novato City of Richmond Town of Ross Town of San Anselmo City of San Pablo City of San Rafael City of Sausalito City of St. Helena Town of Tiburon City of Walnut Creek Town of Yountville County of Marin County of Napa 223 11 April 2016 – Addendum No. 4 MARIN ENERGY AUTHORITY JOINT POWERS AGREEMENT This Joint Powers Agreement (“Agreement”), effective as of December 19, 2008, is made and entered into pursuant to the provisions of Title 1, Division 7, Chapter 5, Article 1 (Section 6500 et seq.) of the California Government Code relating to the joint exercise of powers among the parties set forth in Exhibit B (“Parties”). The term “Parties” shall also include an incorporated municipality or county added to this Agreement in accordance with Section 3.1. RECITALS 1. The Parties are either incorporated municipalities or counties sharing various powers under California law, including but not limited to the power to purchase, supply, and aggregate electricity for themselves and their inhabitants. 2. In 2006, the State Legislature adopted AB 32, the Global Warming Solutions Act, which mandates a reduction in greenhouse gas emissions in 2020 to 1990 levels. The California Air Resources Board is promulgating regulations to implement AB 32 which will require local government to develop programs to reduce greenhouse emissions. 3. The purposes for the Initial Participants (as such term is defined in Section 2.2 below) entering into this Agreement include addressing climate change by reducing energy related greenhouse gas emissions and securing energy supply and price stability, energy efficiencies and local economic benefits. It is the intent of this Agreement to promote the development and use of a wide range of renewable energy sources and energy efficiency programs, including but not limited to solar and wind energy production. 4. The Parties desire to establish a separate public agency, known as the Marin Energy Authority (“Authority”), under the provisions of the Joint Exercise of Powers Act of the State of California (Government Code Section 6500 et seq.) (“Act”) in order to collectively study, promote, develop, conduct, operate, and manage energy programs. 5. The Initial Participants have each adopted an ordinance electing to implement through the Authority Community Choice Aggregation, an electric service enterprise agency available to cities and counties pursuant to California Public Utilities Code Section 366.2 (“CCA Program”). The first priority of the Authority will be the consideration of those actions necessary to implement the CCA Program. Regardless of whether or not Program Agreement 1 is approved and the CCA Program becomes operational, the parties intend for the Authority to continue to study, promote, develop, conduct, operate and manage other energy programs. 224 12 April 2016 – Addendum No. 4 AGREEMENT NOW, THEREFORE, in consideration of the mutual promises, covenants, and conditions hereinafter set forth, it is agreed by and among the Parties as follows: ARTICLE 1 CONTRACT DOCUMENTS 1.1 Definitions. Capitalized terms used in the Agreement shall have the meanings specified in Exhibit A, unless the context requires otherwise. 1.2 Documents Included. This Agreement consists of this document and the following exhibits, all of which are hereby incorporated into this Agreement. Exhibit A: Definitions Exhibit B: List of the Parties Exhibit C: Annual Energy Use Exhibit D: Voting Shares 1.3 Revision of Exhibits. The Parties agree that Exhibits B, C and D to this Agreement describe certain administrative matters that may be revised upon the approval of the Board, without such revision constituting an amendment to this Agreement, as described in Section 8.4. The Authority shall provide written notice to the Parties of the revision of any such exhibit. ARTICLE 2 FORMATION OF MARIN ENERGY AUTHORITY 2.1 Effective Date and Term. This Agreement shall become effective and Marin Energy Authority shall exist as a separate public agency on the date this Agreement is executed by at least two Initial Participants after the adoption of the ordinances required by Public Utilities Code Section 366.2(c)(10). The Authority shall provide notice to the Parties of the Effective Date. The Authority shall continue to exist, and this Agreement shall be effective, until this Agreement is terminated in accordance with Section 7.4, subject to the rights of the Parties to withdraw from the Authority. 2.2 Initial Participants. During the first 180 days after the Effective Date, all other Initial Participants may become a Party by executing this Agreement and delivering an executed copy of this Agreement and a copy of the adopted ordinance required by Public Utilities Code Section 366.2(c)(10) to the Authority. Additional conditions, described in Section 3.1, may apply (i) to either an incorporated municipality or county desiring to become a Party and is not an Initial Participant and (ii) to Initial Participants that have not executed and delivered this Agreement within the time period described above. 225 13 April 2016 – Addendum No. 4 2.3 Formation. There is formed as of the Effective Date a public agency named the Marin Energy Authority. Pursuant to Sections 6506 and 6507 of the Act, the Authority is a public agency separate from the Parties. The debts, liabilities or obligations of the Authority shall not be debts, liabilities or obligations of the individual Parties unless the governing board of a Party agrees in writing to assume any of the debts, liabilities or obligations of the Authority. A Party who has not agreed to assume an Authority debt, liability or obligation shall not be responsible in any way for such debt, liability or obligation even if a majority of the Parties agree to assume the debt, liability or obligation of the Authority. Notwithstanding Section 8.4 of this Agreement, this Section 2.3 may not be amended unless such amendment is approved by the governing board of each Party. 2.4 Purpose. The purpose of this Agreement is to establish an independent public agency in order to exercise powers common to each Party to study, promote, develop, conduct, operate, and manage energy and energy-related climate change programs, and to exercise all other powers necessary and incidental to accomplishing this purpose. Without limiting the generality of the foregoing, the Parties intend for this Agreement to be used as a contractual mechanism by which the Parties are authorized to participate as a group in the CCA Program, as further described in Section 5.1. The Parties intend that subsequent agreements shall define the terms and conditions associated with the actual implementation of the CCA Program and any other energy programs approved by the Authority. 2.5 Powers. The Authority shall have all powers common to the Parties and such additional powers accorded to it by law. The Authority 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: 2.5.1 make and enter into contracts; 2.5.2 employ agents and employees, including but not limited to an Executive Director; 2.5.3 acquire, contract, manage, maintain, and operate any buildings, works or improvements; 2.5.4 acquire by eminent domain, or otherwise, except as limited under Section 6508 of the Act, and to hold or dispose of any property; 2.5.5 lease any property; 2.5.6 sue and be sued in its own name; 2.5.7 incur debts, liabilities, and obligations, including but not limited to loans from private lending sources pursuant to its temporary borrowing powers such as Government Code Section 53850 et seq. and authority under the Act; 2.5.8 issue revenue bonds and other forms of indebtedness; 2.5.9 apply for, accept, and receive all licenses, permits, grants, loans or other aids from any federal, state or local public agency; 226 14 April 2016 – Addendum No. 4 2.5.10 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; 2.5.11 adopt rules, regulations, policies, bylaws and procedures governing the operation of the Authority (“Operating Rules and Regulations”); and 2.5.12 make and enter into service agreements relating to the provision of services necessary to plan, implement, operate and administer the CCA Program and other energy programs, including the acquisition of electric power supply and the provision of retail and regulatory support services. 2.6 Limitation on Powers. As required by Government Code Section 6509, the power of the Authority is subject to the restrictions upon the manner of exercising power possessed by the County of Marin. 2.7 Compliance with Local Zoning and Building Laws. Notwithstanding any other provisions of this Agreement or state law, any facilities, buildings or structures located, constructed or caused to be constructed by the Authority within the territory of the Authority shall comply with the General Plan, zoning and building laws of the local jurisdiction within which the facilities, buildings or structures are constructed. ARTICLE 3 AUTHORITY PARTICIPATION 3.1 Addition of Parties. Subject to Section 2.2, relating to certain rights of Initial Participants, other incorporated municipalities and counties may become Parties upon (a) the adoption of a resolution by the governing body of such incorporated municipality or such county requesting that the incorporated municipality or county, as the case may be, become a member of the Authority, (b) the adoption, by an affirmative vote of the Board satisfying the requirements described in Section 4.9.1, of a resolution authorizing membership of the additional incorporated municipality or county, specifying the membership payment, if any, to be made by the additional incorporated municipality or county to reflect its pro rata share of organizational, planning and other pre-existing expenditures, and describing additional conditions, if any, associated with membership, (c) the adoption of an ordinance required by Public Utilities Code Section 366.2(c)(10) and execution of this Agreement and other necessary program agreements by the incorporated municipality or county, (d) payment of the membership payment, if any, and (e) satisfaction of any conditions established by the Board. Notwithstanding the foregoing, in the event the Authority decides to not implement a CCA Program, the requirement that an additional party adopt the ordinance required by Public Utilities Code Section 366.2(c)(10) shall not apply. Under such circumstance, the Board resolution authorizing membership of an additional incorporated municipality or county shall be adopted in accordance with the voting requirements of Section 4.10. 227 15 April 2016 – Addendum No. 4 3.2 Continuing Participation. The Parties acknowledge that membership in the Authority may change by the addition and/or withdrawal or termination of Parties. The Parties agree to participate with such other Parties as may later be added, as described in Section 3.1. The Parties also agree that the withdrawal or termination of a Party shall not affect this Agreement or the remaining Parties’ continuing obligations under this Agreement. ARTICLE 4 GOVERNANCE AND INTERNAL ORGANIZATION 4.1 Board of Directors. The governing body of the Authority shall be a Board of Directors (“Board”) consisting of one director for each Party appointed in accordance with Section 4.2. 4.2 Appointment and Removal of Directors. The Directors shall be appointed and may be removed as follows: 4.2.1 The governing body of each Party shall appoint and designate in writing one regular Director who shall be authorized to act for and on behalf of the Party on matters within the powers of the Authority. The governing body of each Party also shall appoint and designate in writing one alternate Director who may vote on matters when the regular Director is absent from a Board meeting. The person appointed and designated as the Director or the alternate Director shall be a member of the governing body of the Party. 4.2.2 The Operating Rules and Regulations, to be developed and approved by the Board in accordance with Section 2.5.11, shall specify the reasons for and process associated with the removal of an individual Director for cause. Notwithstanding the foregoing, no Party shall be deprived of its right to seat a Director on the Board and any such Party for which its Director and/or alternate Director has been removed may appoint a replacement. 4.3 Terms of Office. Each Director shall serve at the pleasure of the governing body of the Party that the Director represents, and may be removed as Director by such governing body at any time. If at any time a vacancy occurs on the Board, a replacement shall be appointed to fill the position of the previous Director in accordance with the provisions of Section 4.2 within 90 days of the date that such position becomes vacant. 4.4 Quorum. A majority of the Directors shall constitute a quorum, except that less than a quorum may adjourn from time to time in accordance with law. 228 16 April 2016 – Addendum No. 4 4.5 Powers and Function of the Board. The Board shall conduct or authorize to be conducted all business and activities of the Authority, consistent with this Agreement, the Authority Documents, the Operating Rules and Regulations, and applicable law. 4.6 Executive Committee. The Board may establish an executive committee consisting of a smaller number of Directors. The Board may delegate to the executive committee such authority as the Board might otherwise exercise, subject to limitations placed on the Board’s authority to delegate certain essential functions, as described in the Operating Rules and Regulations. The Board may not delegate to the Executive Committee or any other committee its authority under Section 2.5.11 to adopt and amend the Operating Rules and Regulations. 4.7 Commissions, Boards and 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. 4.8 Director Compensation. Compensation for work performed by Directors on behalf of the Authority shall be borne by the Party that appointed the Director. The Board, however, may adopt by resolution a policy relating to the reimbursement of expenses incurred by Directors. 4.9 Board Voting Related to the CCA Program. 4.9.1. To be effective, on all matters specifically related to the CCA Program, a vote of the Board shall consist of the following: (1) a majority of all Directors shall vote in the affirmative or such higher voting percentage expressly set forth in Sections 7.2 and 8.4 (the “percentage vote”) and (2) the corresponding voting shares (as described in Section 4.9.2 and Exhibit D) of all such Directors voting in the affirmative shall exceed 50%, or such other higher voting shares percentage expressly set forth in Sections 7.2 and 8.4 (the “percentage voting shares”), provided that, in instances in which such other higher voting share percentage would result in any one Director having a voting share that equals or exceeds that which is necessary to disapprove the matter being voted on by the Board, at least one other Director shall be required to vote in the negative in order to disapprove such matter. 4.9.2. Unless otherwise stated herein, voting shares of the Directors shall be determined by combining the following: (1) an equal voting share for each Director determined in accordance with the formula detailed in Section 4.9.2.1, below; and (2) an additional voting share determined in accordance with the formula detailed in Section 4.9.2.2, below. 4.9.2.1 Pro Rata Voting Share. Each Director shall have an equal voting share as determined by the following formula: (1/total number of 229 17 April 2016 – Addendum No. 4 Directors) multiplied by 50, and 4.9.2.2 Annual Energy Use Voting Share. Each Director shall have an additional voting share as determined by the following formula: (Annual Energy Use/Total Annual Energy) multiplied by 50, where (a) “Annual Energy Use” means, (i) with respect to the first 5 years following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWhs”), within the Party’s respective jurisdiction and (ii) with respect to the period after the fifth anniversary of the Effective Date, the annual electricity usage, expressed in kWhs, of accounts within a Party’s respective jurisdiction that are served by the Authority and (b) “Total Annual Energy” means the sum of all Parties’ Annual Energy Use. The initial values for Annual Energy use are designated in Exhibit C, and shall be adjusted annually as soon as reasonably practicable after January 1, but no later than March 1 of each year 4.9.2.3 The voting shares are set forth in Exhibit D. Exhibit D may be updated to reflect revised annual energy use amounts and any changes in the parties to the Agreement without amending the Agreement provided that the Board is provided a copy of the updated Exhibit D. 4.10 Board Voting on General Administrative Matters and Programs Not Involving CCA. Except as otherwise provided by this Agreement or the Operating Rules and Regulations, each member shall have one vote on general administrative matters, including but not limited to the adoption and amendment of the Operating Rules and Regulations, and energy programs not involving CCA. Action on these items shall be determined by a majority vote of the quorum present and voting on the item or such higher voting percentage expressly set forth in Sections 7.2 and 8.4. 4.11 Board Voting on CCA Programs Not Involving CCA That Require Financial Contributions. The approval of any program or other activity not involving CCA that requires financial contributions by individual Parties shall be approved only by a majority vote of the full membership of the Board subject to the right of any Party who votes against the program or activity to opt-out of such program or activity pursuant to this section. The Board shall provide at least 45 days prior written notice to each Party before it considers the program or activity for adoption at a Board meeting. Such notice shall be provided to the governing body and the chief administrative officer, city manager or town manager of each Party. The Board also shall provide written notice of such program or activity adoption to the above-described officials of each Party within 5 days after the Board adopts the program or activity. Any Party voting against the approval of a program or other activity of the Authority requiring financial contributions by individual Parties may elect to opt-out of participation in such program or activity by 230 18 April 2016 – Addendum No. 4 providing written notice of this election to the Board within 30 days after the program or activity is approved by the Board. Upon timely exercising its opt-out election, a Party shall not have any financial obligation or any liability whatsoever for the conduct or operation of such program or activity. 4.12 Meetings and Special Meetings of the Board. 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 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. All meetings of the Board shall be conducted in accordance with the provisions of the Ralph M. Brown Act (California Government Code Section 54950 et seq.). 4.13 Selection of Board Officers. 4.13.1 Chair and Vice Chair. The Directors shall select, from among themselves, a Chair, who shall be the presiding officer of all Board meetings, and a Vice Chair, who shall serve in the absence of the Chair. The term of office of the Chair and Vice Chair shall continue for one year, but there shall be no limit on the number of terms held by either the Chair or Vice Chair. The office of either the Chair or Vice Chair shall be declared vacant and a new selection shall be made if: (a) the person serving dies, resigns, or the Party that the person represents removes the person as its representative on the Board or (b) the Party that he or she represents withdraws form the Authority pursuant to the provisions of this Agreement. 4.13.2 Secretary. The Board shall appoint a Secretary, 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 Authority. 4.13.3 Treasurer and Auditor. The Board shall appoint a qualified person to act as the Treasurer and a qualified person to act as the Auditor, neither of whom needs to be a member of the Board. If the Board so designates, and in accordance with the provisions of applicable law, a qualified person may hold both the office of Treasurer and the office of Auditor of the Authority. Unless otherwise exempted from such requirement, the Authority shall cause an independent audit to be made by a certified public accountant, or public accountant, in compliance with Section 6505 of the Act. The Treasurer shall act as the depositary of the Authority and have custody of all the money of the Authority, from whatever source, and as such, shall have all of the duties and responsibilities specified in Section 6505.5 of the Act. The Board may require the Treasurer and/or Auditor to 231 19 April 2016 – Addendum No. 4 file with the Authority an official bond in an amount to be fixed by the Board, and if so requested the Authority shall pay the cost of premiums associated with the bond. The Treasurer shall report directly to the Board and shall comply with the requirements of treasurers of incorporated municipalities. The Board may transfer the responsibilities of Treasurer to any person or entity as the law may provide at the time. The duties and obligations of the Treasurer are further specified in Article 6. 4.14 Administrative Services Provider. The Board may appoint one or more administrative services providers to serve as the Authority’s agent for planning, implementing, operating and administering the CCA Program, and any other program approved by the Board, in accordance with the provisions of a written agreement between the Authority and the appointed administrative services provider or providers that will be known as an Administrative Services Agreement. The Administrative 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 CCA Program and other approved programs. The Administrative Services Agreement shall set forth the term of the Agreement and the circumstances under which the Administrative Services Agreement may be terminated by the Authority. This section shall not in any way be construed to limit the discretion of the Authority to hire its own employees to administer the CCA Program or any other program. ARTICLE 5 IMPLEMENTATION ACTION AND AUTHORITY DOCUMENTS 5.1 Preliminary Implementation of the CCA Program. 5.1.1 Enabling Ordinance. Except as otherwise provided by Section 3.1, prior to the execution of this Agreement, each Party shall adopt an ordinance in accordance with Public Utilities Code Section 366.2(c)(10) for the purpose of specifying that the Party intends to implement a CCA Program by and through its participation in the Authority. 5.1.2 Implementation Plan. The Authority shall cause to be prepared an Implementation Plan meeting the requirements of Public Utilities Code Section 366.2 and any applicable Public Utilities Commission regulations as soon after the Effective Date as reasonably practicable. The Implementation Plan shall not be filed with the Public Utilities Commission until it is approved by the Board in the manner provided by Section 4.9. 232 20 April 2016 – Addendum No. 4 5.1.3 Effect of Vote On Required Implementation Action. In the event that two or more Parties vote to approve Program Agreement 1 or any earlier action required for the implementation of the CCA Program (“Required Implementation Action”), but such vote is insufficient to approve the Required Implementation Action under Section 4.9, the following will occur: 5.1.3.1 The Parties voting against the Required Implementation Action shall no longer be a Party to this Agreement and this Agreement shall be terminated, without further notice, with respect to each of the Parties voting against the Required Implementation Action at the time this vote is final. The Board may take a provisional vote on a Required Implementation Action in order to initially determine the position of the Parties on the Required Implementation Action. A vote, specifically stated in the record of the Board meeting to be a provisional vote, shall not be considered a final vote with the consequences stated above. A Party who is terminated from this Agreement pursuant to this section shall be considered the same as a Party that voluntarily withdrew from the Agreement under Section 7.1.1.1. 5.1.3.2 After the termination of any Parties pursuant to Section 5.1.3.1, the remaining Parties to this Agreement shall be only the Parties who voted in favor of the Required Implementation Action. 5.1.4 Termination of CCA Program. Nothing contained in this Article or this Agreement shall be construed to limit the discretion of the Authority to terminate the implementation or operation of the CCA Program at any time in accordance with any applicable requirements of state law. 5.2 Authority Documents. The Parties acknowledge and agree that the affairs of the Authority will be implemented through various documents duly adopted by the Board through Board resolution, including but not necessarily limited to the Operating Rules and Regulations, the annual budget, and specified plans and policies defined as the Authority Documents by this Agreement. The Parties agree to abide by and comply with the terms and conditions of all such Authority Documents that may be adopted by the Board, subject to the Parties’ right to withdraw from the Authority as described in Article 7. 233 21 April 2016 – Addendum No. 4 ARTICLE 6 FINANCIAL PROVISIONS 6.1 Fiscal Year. The Authority’s fiscal year shall be 12 months commencing July 1 and ending June 30. The fiscal year may be changed by Board resolution. 6.2 Depository. 6.2.1 All funds of the Authority shall be held in separate accounts in the name of the Authority and not commingled with funds of any Party or any other person or entity. 6.2.2 All funds of the Authority 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 Authority shall be open to inspection by the Parties at all reasonable times. The Board shall contract with a certified public accountant or public accountant to make an annual audit of the accounts and records of the Authority, which shall be conducted in accordance with the requirements of Section 6505 of the Act. 6.2.3 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. 6.3 Budget and Recovery Costs. 6.3.1 Budget. The initial budget shall be approved by the Board. The Board may revise the budget from time to time through an Authority Document as may be reasonably necessary to address contingencies and unexpected expenses. All subsequent budgets of the Authority shall be prepared and approved by the Board in accordance with the Operating Rules and Regulations. 6.3.2 County Funding of Initial Costs. The County of Marin shall fund the Initial Costs of the Authority in implementing the CCA Program in an amount not to exceed $500,000 unless a larger amount of funding is approved by the Board of Supervisors of the County. This funding shall be paid by the County at the times and in the amounts required by the Authority. In the event that the CCA Program becomes operational, these Initial Costs paid by the County of Marin shall be included in the customer charges for electric services as provided by Section 6.3.4 to the extent permitted by law, and the County of Marin shall be reimbursed from the 234 22 April 2016 – Addendum No. 4 payment of such charges by customers of the Authority. The Authority may establish a reasonable time period over which such costs are recovered. In the event that the CCA Program does not become operational, the County of Marin shall not be entitled to any reimbursement of the Initial Costs it has paid from the Authority or any Party. 6.3.3 CCA Program Costs. The Parties desire that, to the extent reasonably practicable, all costs incurred by the Authority that are directly or indirectly attributable to the provision of electric services under the CCA Program, including the establishment and maintenance of various reserve and performance funds, shall be recovered through charges to CCA customers receiving such electric services. 6.3.4 General Costs. Costs that are not directly or indirectly attributable to the provision of electric services under the CCA Program, as determined by the Board, shall be defined as general costs. General costs shall be shared among the Parties on such basis as the Board shall determine pursuant to an Authority Document. 6.3.5 Other Energy Program Costs. Costs that are directly or indirectly attributable to energy programs approved by the Authority other than the CCA Program shall be shared among the Parties on such basis as the Board shall determine pursuant to an Authority Document. ARTICLE 7 WITHDRAWAL AND TERMINATION 7.1 Withdrawal. 7.1.1 General. 7.1.1.1 Prior to the Authority’s execution of Program Agreement 1, any Party may withdraw its membership in the Authority by giving no less than 30 days advance written notice of its election to do so, which notice shall be given to the Authority and each Party. To permit consideration by the governing body of each Party, the Authority shall provide a copy of the proposed Program Agreement 1 to each Party at least 90 days prior to the consideration of such agreement by the Board. 7.1.1.2 Subsequent to the Authority’s execution of Program Agreement 1, a Party may withdraw its membership in the Authority, effective as of the beginning of the Authority’s fiscal year, by giving no less than 6 235 23 April 2016 – Addendum No. 4 months advance written notice of its election to do so, which notice shall be given to the Authority and each Party, and upon such other conditions as may be prescribed in Program Agreement 1. 7.1.2 Amendment. Notwithstanding Section 7.1.1, a Party may withdraw its membership in the Authority following an amendment to this Agreement in the manner provided by Section 8.4. 7.1.3 Continuing Liability; Further Assurances. A Party that withdraws its membership in the Authority may be subject to certain continuing liabilities, as described in Section 7.3. The withdrawing Party and the Authority shall execute and deliver all further instruments and documents, and take any further action that may be reasonably necessary, as determined by the Board, to effectuate the orderly withdrawal of such Party from membership in the Authority. The Operating Rules and Regulations shall prescribe the rights if any of a withdrawn Party to continue to participate in those Board discussions and decisions affecting customers of the CCA Program that reside or do business within the jurisdiction of the Party. 7.2 Involuntary Termination of a Party. This Agreement may be terminated with respect to a Party for material non-compliance with provisions of this Agreement or the Authority Documents upon an affirmative vote of the Board in which the minimum percentage vote and percentage voting shares, as described in Section 4.9.1, shall be no less than 67%, excluding the vote and voting shares of the Party subject to possible termination. Prior to any vote to terminate this Agreement with respect to a Party, written notice of the proposed termination and the reason(s) for such termination shall be delivered to the Party 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 the Authority Documents that the Party has allegedly violated. The Party 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 Party that has had its membership in the Authority terminated may be subject to certain continuing liabilities, as described in Section 7.3. In the event that the Authority decides to not implement the CCA Program, the minimum percentage vote of 67% shall be conducted in accordance with Section 4.10 rather than Section 4.9.1. 7.3 Continuing Liability; Refund. Upon a withdrawal or involuntary termination of a Party, the Party shall remain responsible for any claims, demands, damages, or liabilities arising from the Party’s membership in the Authority through the date of its withdrawal or involuntary termination, it being agreed that the Party shall not be responsible for any claims, demands, damages, or liabilities arising after the date of the Party’s withdrawal or involuntary termination. In addition, such 236 24 April 2016 – Addendum No. 4 Party also shall be responsible for any costs or obligations associated with the Party’s participation in any program in accordance with the provisions of any agreements relating to such program provided such costs or obligations were incurred prior to the withdrawal of the Party. The Authority may withhold funds otherwise owing to the Party or may require the Party to deposit sufficient funds with the Authority, as reasonably determined by the Authority, to cover the Party’s liability for the costs described above. Any amount of the Party’s funds held on deposit with the Authority above that which is required to pay any liabilities or obligations shall be returned to the Party. 7.4 Mutual Termination. This Agreement may be terminated by mutual agreement of all the Parties; provided, however, the foregoing shall not be construed as limiting the rights of a Party to withdraw its membership in the Authority, and thus terminate this Agreement with respect to such withdrawing Party, as described in Section 7.1. 7.5 Disposition of Property upon Termination of Authority. Upon termination of this Agreement as to all Parties, any surplus money or assets in possession of the Authority 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 Parties in proportion to the contributions made by each. ARTICLE 8 MISCELLANEOUS PROVISIONS 8.1 Dispute Resolution. The Parties and the Authority shall make reasonable efforts to settle all disputes arising out of or in connection with this Agreement. Should such efforts to settle a dispute, after reasonable efforts, fail, the dispute shall be settled by binding arbitration in accordance with policies and procedures established by the Board. 8.2 Liability of Directors, Officers, and Employees. The Directors, officers, and employees of the Authority shall use ordinary care and reasonable diligence in the exercise of their powers and in the performance of their duties pursuant to this Agreement. No current or former Director, officer, or employee will be responsible for any act or omission by another Director, officer, or employee. The Authority shall defend, indemnify and hold harmless the individual current and former Directors, officers, and employees for any acts or omissions in the scope of their employment or duties in the manner provided by Government Code Section 995 et seq. Nothing in this section shall be construed to limit the defenses 237 25 April 2016 – Addendum No. 4 available under the law, to the Parties, the Authority, or its Directors, officers, or employees. 8.3 Indemnification of Parties. The Authority shall acquire such insurance coverage as is necessary to protect the interests of the Authority, the Parties and the public. The Authority shall defend, indemnify and hold harmless the Parties 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 Authority under this Agreement. 8.4 Amendment of this Agreement. This Agreement may be amended by an affirmative vote of the Board in which the minimum percentage vote and percentage voting shares, as described in Section 4.9.1, shall be no less than 67%. The Authority shall provide written notice to all Parties of amendments to this Agreement, including the effective date of such amendments. A Party shall be deemed to have withdrawn its membership in the Authority effective immediately upon the vote of the Board approving an amendment to this Agreement if the Director representing such Party has provided notice to the other Directors immediately preceding the Board’s vote of the Party’s intention to withdraw its membership in the Authority should the amendment be approved by the Board. As described in Section 7.3, a Party that withdraws its membership in the Authority in accordance with the above-described procedure may be subject to continuing liabilities incurred prior to the Party’s withdrawal. In the event that the Authority decides to not implement the CCA Program, the minimum percentage vote of 67% shall be conducted in accordance with Section 4.10 rather than Section 4.9.1. 8.5 Assignment. Except as otherwise expressly provided in this Agreement, the rights and duties of the Parties may not be assigned or delegated without the advance written consent of all of the other Parties, and any attempt to assign or delegate such rights or duties in contravention of this Section 8.5 shall be null and void. This Agreement shall inure to the benefit of, and be binding upon, the successors and assigns of the Parties. This Section 8.5 does not prohibit a Party from entering into an independent agreement with another agency, person, or entity regarding the financing of that Party’s contributions to the Authority, or the disposition of proceeds which that Party receives under this Agreement, so long as such independent agreement does not affect, or purport to affect, the rights and duties of the Authority or the Parties under this Agreement. 8.6 Severability. If one or more clauses, sentences, paragraphs or provisions of this Agreement shall be held to be unlawful, invalid or unenforceable, it is hereby agreed by the Parties, that the remainder of the Agreement shall not be affected thereby. Such clauses, sentences, paragraphs or provision shall be deemed reformed so as to be lawful, valid and enforced to the maximum extent possible. 238 26 April 2016 – Addendum No. 4 8.7 Further Assurances. Each Party agrees to execute and deliver all further instruments and documents, and take any further action that may be reasonably necessary, to effectuate the purposes and intent of this Agreement. 8.8 Execution by Counterparts. This Agreement may be executed in any number of counterparts, and upon execution by all Parties, each executed counterpart shall have the same force and effect as an original instrument and as if all Parties had signed the same instrument. Any signature page of this Agreement may be detached from any counterpart of this Agreement without impairing the legal effect of any signatures thereon, and may be attached to another counterpart of this Agreement identical in form hereto but having attached to it one or more signature pages. 8.9 Parties to be Served Notice. Any notice authorized or required to be given pursuant to this Agreement shall be validly given if served in writing either personally, by deposit in the United States mail, first class postage prepaid with return receipt requested, or by a recognized courier service. Notices given (a) personally or by courier service shall be conclusively deemed received at the time of delivery and receipt and (b) by mail shall be conclusively deemed given 48 hours after the deposit thereof (excluding Saturdays, Sundays and holidays) if the sender receives the return receipt. All notices shall be addressed to the office of the clerk or secretary of the Authority or Party, as the case may be, or such other person designated in writing by the Authority or Party. Notices given to one Party shall be copied to all other Parties. Notices given to the Authority shall be copied to all Parties. 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 APPENDIX C 264 265 CITY OF BELVEDERE ORDINANCE NO.2OO8.5 AÀI ORDINA¡ICE OF TIIE CITY COTJNCIL OF TIIE CITY OF BELVEDERE APPROVING TIIE MARIN EATERGY AUTIIORITY JOINT POWERS AGREEMENT AIYD AUTHORIZING TITE IMPLEMENTATION OF' A COMMI,J]\IITY CHOICE AGGREGATION PROGRAM TIIE CITY COTJNCIL OF TIIE CITY OF BELVEDERE DOES ORDAIN AS FOLLOWS: SECTION f. The City of Belvedere has been actively investigating options to provide electric services to constituents within its service area with the intent of achieving greater local involvement over the provisions of electric services and promoting competitive and renewable energy. SECTION 2. On September 24,2002, the Governor signed into law Assembly Bill I l7 (Stat. 2002, ch. 838; see Califomia Public Utiiities Code section366.2; hereinafter referred to as the "Act'), which authorizes any Califomià city or county, whose governing body so elects, to combine the electricity load of its residents and businesses in a community-wide electricity aggregation program known as Community Choice Aggregation. SECTION 3. The Act expressly authorizes participation in a Community Choice Aggregation (CCA) program through a joint powers agency, and to this end the City has been participating since 2003 in the evaluation of a CCA program for the County of Marin and the cities and towns within it. SECTION 4. On lune 22, 2006, the City joined a Local Government Task Force (LG'|F), which was comprised of elected officials and representatives of the County of Marin and each municipality in the County. The purpose of the LGTF was to jointly participate in the investigation of CCA for Marin communities and customers. The LGTF had f,rve meetings with the frnal meeting taking place on March 6, 2008. The LGTF meetings looked at issues including: A. B. The costs, benefits and risks of a CCA including legal liability issues. The governance and business planning of a CCA. The feasibility of a CCA and deciding whether to pursue formation of a countywide CCA organization. Public education. C. D. 266 Ordinance No. 2008-5 City of Belvedere Page2 SECTION 5. Through Docket No. R.03-10-003, the Califomia Public Utilities Commission has issued various decisions and rulings addressing the implementation of Community Choice Aggregation programs, including the recent issuance of a procedure by which the California Public Utilities Commission will review "Implementation Plans," which are required for submittal under the Act as the means of describing the Community Choice Aggregation program and assuring compliance with various elements contained in the Act. SECTION 6. Representatives from the City along with the other LGTF members have developed the Marin Energy Authority Joint Powers Agreement ("Joint Powers Agreement") (attached hereto as Exhibit A) in order to accomplish the following: A. B. energy Choice To fbrm a Joinl Powers Authority (JPA) known as "Marin Energy." To specify the terms and conditions by which participants may participate as a group in programs, including but not limited to the preliminary implementation of a Community Aggregation program. SECTION 7. Representatives from the Business Plan (attached hereto as Exhibit and the Community Choice Aggregation Energy Authority. City along with the LGTF members have developed a B) that describes the formation of Marin Clean Energy program to be implemented by and through the Marin A. B. SECTION 8. A final Implementation Plan will be submitted for revierv and adoption by the Board of Directors of the Marin Energy Authority as soon after the formation of the Authority as reasonabl y practicable. SECTION 9. As described in the Business Plan, Community Choice Aggregation by and through the Marin Energy Authority appears to provide a reasonable opportunity to accomplish all of the following: To provide greater levels of local involvement in and collaboration on energy decisions. To increase significantly the amount of renewable energy available to Marin customers. C. To provide initial price stability, long-term electricity cost savings and other benefits for the community. D. To reduce green house gases that are emitted by creating electricity fbr the community. SECTION 10. The Act requires Community Choice Aggregation program participants to individually adopt an ordinance ("CCA Ordinance") electing to implement a Community Choice Aggregation program within its jurisdiction by and through its participation in the Marin Energy Authority. 267 Ordinance No. 2008-5 City of Belvedere Page 3 SECTION ff. The Joint Powers Agreement expressly allows the City to withdraw its membership in the Marin Energy Authority (and its participation in the Community Choice Aggregation program) prior to the actual implementation of a Comrnunity Choice Aggregation program through Program Agreement L SECTION 12. A city, town or county may not participate in the Marin Energy Joint Powers Authority without also participating in the Community Choice Aggregation program unless the Board of Directors of the Marin Energy Joint Powers Authority decides to not implement or operate a Community Choice Aggregation program after the Authority is established. SECTION 13. Based upon all of-the above, the Council approves the Joint Powers Agreement attached hereto as Exhibit A and elects to implement a Cornmunity Choice Aggregation program within the City's jurisdiction by and through the City's participation in the Marin Energy Authority, as described in the Business Plan in substantially the form attached hereto as Exhibit B, and subject to the City's right to forego the actual implementation of a Community Choice Aggregation program pursuant to specifred withdrawal rights described in the Joint Powers Agreement. The Mayoi is hereby authorized to execute the attached Joint Powers Agreement. SECTION 14. This ordinance shall take effèct and be in force thirty (30) days after the date of its passage. Wilhin fìfteen (15) days following its passage, a summary of the ordinance shall be published with the names of those city councilmembers voting for and against the ordinance and the city clerk shall post in the office of the city clerk a certified copy of the full text of the adopted ordinance along with the names of the members voting for and against the ordinance. INTRODUCED AT A PUBLIC HEARING on November 10, 2008, and adopted at a regular meeting of the Belvedere City Council on December 8,2008, by the following vote: AYES: NOES: ABSENT: ABSTAIN: Gerald None Barbara Morrison None I Butler, Sandra Donnell, John C. Telischak, and Mayor Thomas Cromwell APPRO Thomas Cromwell, Mayor ie Carpentiers,y City Clerk 268 Appendix D269 Appendix D270 271 272 273 274 275 276 277 ORDINANCE NO. 739 AN ORDINANCE OF THE TOWN COTINCIL OF THE TOWN OF FAIRFAX APPROVING THE MARIN ENERGY AUTHOzuTY JOINT POWERS AGREEMENT AND AUTHORIZING THE IMPLEMENTATION OF A COMMLTNITY CHOICE AGGREGATION PROGRAM The Town Councilof the Town of Fairfax ordains as follows: SECTION L The Town of Fairfax has been actively investigating options to provide electric services to constituents within its service area with the intent of achieving greater local involvement over the provisions of electric services and promoting competitive and renewable energy. SECTION 2. On September 24,2002, the Governor signed into law Assembly Bill I 17 (Stat. 2002, ch. 838; see California Public Utilities Code section 366.2: hereinafter referred to as the "Act"), which authorizes any California city or county, whose governing body so elects, to combine the electricity load of its residents and businesses in a community-wide electricity aggregation program known as Communify Choice Aggregation SECTION 3. The Act expressly authorizes participation in a Community Choice Aggregation (CCA) program through a joint powers agency, and to this end the Town has been participating since 2003 in the evaluation of a CCA program for the County of Marin and the cities and towns within it. SECTION 4. On June22,2006, the Town joined a Local Government Task Force (LGTF), which was comprised of elected officials and representatives of the County of Marin and each municipality in the County. The purpose of the LGTF was to jointly participate in the investigation of CCA for Marin communities and customers. The LGTF had frve meetings with the final meeting taking place on March 6, 2008. The LGTF meetings looked at issues including: (a) The costs, benefits and risks of a CCA including legal liability issues. (b) The governance and business planning of a CCA. (c) The feasibility of a CCA and deciding whether to pursue formation of a countywide CCA organization. (d) Public education. SECTION 5. Through Docket No. R.03-10-003, the California Public Utilities Commission has issued various decisions and rulings addressing the implementation of Communify Choice Aggregation programs, including the recent issuance of a procedure by which the California Public Utilities Commission will review "Implementation Plans," which are required for submittal under the Act as the means of describing the Community Choice Aggregation program and assuring compliance with various elements contained in the Act. SECTION 6. Representatives from the Town along with the other LGTF members have developed the Marin Energy Authority Joint Powers Agreement ("Joint Powers Agreement',) (attached hereto as Exhibit A) in order to accomplish the following: (a) To form a Joint Powers Authorify (JpA) known as ,,Marin Energy" and Item 8(b) Ord 739.DOC l- 278 (b) To speci$ the terms and conditions by which participants may participate as a group in energy programs, including but not limited to the preliminary implementation of a Community Choice Aggregation program. SECTION 7, Representatives from the Town along with the LGTF members have developed a Business PIan (attached hereto as Exhibit B that describes the formation of Marin Clean Energy and the Communiry Choice Aggregation program to be implemented by and through the Marin Energy Authority. SECTION L A final Implementation Plan will be submitted for review and adoption by the Board of Directors of the Marin Energy Authority as soon after the formation of the Authority as reasonably practicable. SECTION 9. As desuibed in the Business Plan, Community Choice Aggregation by and through the Marin Energy Authority appears to provide a reasonable opportunity to accomplish all of the following: (a) To provide greater levels of localinvolvement in and collaboration on energy decisions, (b) To increase significantly the amount of renewable energy available to Marin customers, (c) To provide initial price stability, long-term electricity cost savings and other benefits for the community, and (d) To reduce green house gases that are emitted by creating electricity for the communify. SECTION 10. The Act requires Community Choice Aggregation program participants to individually adopt an ordinance ("CCA Ordinance") electing to implement a Community Choice Aggregation program within its jurisdiction by and through its participation in the Marin Energy Authority. SECTION I l. The Joint Powers Agreement expressly allows the Town to withdraw its membership in the Marin Enerry Authorify (and its participation in the Community Choice Aggregation program) prior to the actual implementation of a Community Choice Aggregation program through Program Agreement L SECTION 12. A city, town or county may not participate in the Marin Energy Joint Powers Authority without also participating in the Community Choice Aggregation program unless the Board of Directors of the Marin Energy Joint Powers Authority decides to not implement or operâte a Community Choice Aggregation program after the Authority is established. SECTION 13. Based upon all of the above, the Council approves the Joint Powers Agreement attached hereto as Exhibit A and elects to implement a Community Choice Aggregation program within the Town's jurisdiction by and through the Town's participation in the Marin Energy Authority, as described in the Business Plan in substantially the form attached hereto as Exhibit B, and subject to the Town's right to forego the actual implementation of a Community Choice Aggregation program pursuant to specified withdrawal rights described in the Joint Powers Agreement. The Mayor is hereby authorized to execute the attached Joint Powers Agreement. SECTION 14. This ordinance shall take effect and be in force 30 days after its adoption. Item 8(b) Ord 739.DOC -2- 279 Copies of the foregoing ordinance shall, within fifteen (15) days after its final passage and adoption, be posted in three public places in the Town of Fairfax, to wit: Bulleting Board, Fairfax Town Offices, Town Hall; Bulletin Board, Fairfax Post Office; and Bulletin Board, Fairfax Women's Club Building, which said places are hereby designated for that purpose. The foregoing ordinance was duly and regularly introduced at a regular meeting of the Town Council of the Town of Fairfax held in said town on the 5"'day of November, 2008, and thereafter adopted on the 19th day of November, 2008 by the following vote, to wit: AYES: NOES: ABSENT: The foregolngdoctment ls a or¡ct copy of the orlglnal on reod Bragman, Brandborg, Maggiore, Tremaine None Weinsoff !, MAGGIO Aftest: Item 8(b) Ord 739.DOC -3- 280 281 282 283 284 ORDINANCE NO. I.237 AN ORDINANCE OF THE CITY COUNCIL OF THB CITY OF MILL VALLEY APPROVING THB MARIN ENERGY AUTHORITY JOINT POWERS AGREEMENT AND AUTHORIZING THE IMPLEMENTATION OF A COMMI.INITY CHOICE AGGREGATION PROGRAM The City Council of the City of Mill Valley ordains as follows: SECTION 1. The City of Mill Valley has been actively investigating options to provide electric services to constituents within its service area with the intent of achieving greater local involvement over the provisions of electric services and promoting competitive and renewable energy. SECTION 2. On September 24,2002, the Governor signed into law Assembly Bill I 17 (Stat. 2002, ch. 838; see California Public Utilities Code section366.2; hereinafter referred to as the "Act"), which authorizes any California city or county, whose governing body so elects, to combine the electricity load of its residents and businesses in a community-wide electricity aggregation program known as Community Choice Aggregation. SECTION 3. The Act expressly authorizes participation in a Community Choice Aggregation (CCA) program through a joint powers agençy, and to this end the City has been participating since 2003 in the evaluation of a CCA program for the County of Marin and the cities and towns within it. SECTION 4. On June 22, 2006, the City joined a Local Government Task Force (LGTF), which was comprised of elected officials and representatives of the County of Marin and each municipality in the County. The purpose of the LGTF was to jointly participate in the investigation of CCA for Marin communities and customers. The LGTF had five meetings with the final meeting taking place on March 6,2008, The LGTF meetings looked at issues including: (a) The costs, benefi.ts and risks of a CCA including legal liability issues. (b) The governance and business planning of a CCA. (c) The feasibility of a CCA and deciding whether to pursue formation of a countywide CCA organization. (d) Public education. SECTION 5. Through Docket No, R.03-10-003, the California Public Utilities Commission has issued various decisions and rulings addressing the implementation of Community Choice Aggregation programs, including the recent issuance of a procedure by which the California Public Utilities Commission will review "Implementation Plans," which are required for submittal under the Act as the means of describing the Community Choice Aggregation program and assuring compliance with various elements contained in the Act, 285 SECTION 6. Representatives from the City along with the other LGTF members have developed the Marin Energy Authority Joint Powers Agreement ("Joint Powers Agreement") (attached hereto as Exhibit A) in order to accomplish the following: (a) To form a Joint Powers Authority (JPA) known as "Marin Energy" and (b) To specify the terms and conditions by which participants may participate as a group in energy programs, including but not limited to the preliminary implementation of a Community Choice Aggregation prcgram. SECTION 7. Representatives from the City along with the LGTF members have developed a Business Plan (attached hereto as Exhibit B that describes the formation of Marin Clean Energy and the Community Choice Aggregation program to be implemented by and through the Marin Energy Authority). SECTION 8. A final Implementation Plan will be submitted for review and adoption by the Board of Directors of the Marin Energy Authority as soon after the formation of the Authority as reasonably practicable. SECTION 9. As described in the Business Plan, Community Choice Aggregation by and through the Marin Energy Authority appears to provide a reasonable opportunity to accomplish all of the following: (a) To provide greater levels of local involvement in and collaboration on energy decisions. (b) To increase significantly the amount of renewable energy available to Marin customers, (c) To provide initial price stability, long - term electricity cost savings and other benefits for the community, and (d) To reduce green house gases community. that are emitted by creating electricity for the SECTION 10, The Act requires Community Choice Aggregation program participants to individually adopt an ordinance ("CCA Ordinance") electing to implement a Community Choice Aggregation program within its jurisdiction by and through its participation in the Marin Energy Authority. SECTION I L The Joint Powers Agreement expressly allows the City to withdraw its membership in the Marin Energy Authority (and its participation in the Community Choice Aggregation program) prior to the actual implementation of a Community Choice Aggregation program through Program Agreement l, 286 SECTION 12. A city, town or county may not participate in the Marin Energy Joint Powers Authority without also participating in the Community Choice Aggregation progrcm unless the Board of Directors of the Marin Energy Joint Powers Authority decides to not implement or operate a Community Choice Aggregation program after the Authority is established. SECTION 13. Based upon all of the above, the Council approves the Joint Powers Agreement attached hereto as Exhibit A and elects to implement a Community Choice Aggregation program within the City's jurisdiction by and through the City's participation in the Marin Energy Authority, as described in the Business Plan in substantially the form attached hereto as Exhibit B, and subject to the City's right to forego the actual implementation of a Community Choice Aggregation program pursuant to specified withdrawal rights described in the Joint Powers Agreement. The Mayor is hereby authorized to execute the attached Joint Powers Agreement. SECTION 14. This ordinance shall take effect and be in force 30 days after its adoption, and, before the expiration of 30 days after its passage, a summary of this ordinance shall be published once with the names of the members of the Council voting for and against the same in the Marin lndependent Journal, a newspaper of general circulation published in the County of Marin. THE FOREGOING ORDINANCE was first read at a regular meeting of the Mill Valley City Council on 17tr'day of November, 2008, and adopted at a regular meeting of the Mill Valley City Council on 1't day of December, 2008, by the following vote: AYES: Councilmember Beman, Lion, Wachtel and Mayor Marshall NOES: None ABSTAIN: CouncilmemberMoulton-Peters ABSENT: None Marshall, Kimberly Wilson,y City Clerk 287 ORDINANCE 02016-3 ORDINANCE OF THE CITY COUNCIL OF THE CITY OF NAPA, STATE OF CALIFORNIA, APPROVING THE MARIN CLEAN ENERGY JOINT POWERS AGREEMENT AND AUTHORIZING THE IMPLEMENTATION OF A COMMUNITY CHOICE AGGREGATION PROGRAM WHEREAS, the City of Napa has been actively investigating options to provide electric services to constituents within its service area with the intent of promoting use of renewable energy and reducing energy related greenhouse gas emissions; and WHEREAS, on September 24, 2002, the Governor signed into law Assembly Bill 117 (Stat. 2002, ch. 838; see California Public Utilities Code section 366.2; hereinafter referred to as the "Act"), which authorizes any California city or county, whose governing body so elects, to combine the electricity load of its residents and businesses in a community-wide electricity aggregation program known as Community Choice Aggregation; and WHEREAS, the Act expressly authorizes participation in a Community Choice Aggregation (CCA) program through a joint powers agency, and on December 19, 2008, the Mahn Clean Energy (MCE) was established as a joint power authority pursuant to a Joint Powers Agreement, as amended from time to time; and WHEREAS, on February 2, 2010, the California Public Utilities Commission certified the "Implementation Plan" of the MCE, confirming the MCE's compliance with the requirements of the Act; and WHEREAS, in order to become a member of the MCE, the Act requires the City of Napa to individually adopt an ordinance electing to implement a Community Choice Aggregation program within its jurisdiction by and through its participation in the MCE; and WHEREAS, the City Council has considered all information related to this matter, as presented at the public meeting of the City Council identified herein, including any supporting reports by City Staff, and any information provided during public meetings. NOW, THEREFORE, BE IT ORDAINED, by the City Council of the City of Napa as follows: SECTION 1: Based upon all of the above, the City Council elects to implement a Community Choice Aggregation program within the City of Napa's jurisdiction by and through the City of Napa's participation in Mahn Clean Energy. The City Manager is hereby authorized to execute the MCE Joint Powers Agreement. SECTION 2: Severabilitv. If any section, sub-section, subdivision, paragraph, clause or phrase in this Ordinance, or any part thereof, is for any reason held to be invalid 02016-3 Page 1 of 2 February 2, 2016 288 or unconstitutional, such decision shall not affect the validity of the remaining sections or portions of this Ordinance or any part thereof. The City Council hereby declares that it would have passed each section, sub-section, subdivision, paragraph, sentence, clause or phrase of this Ordinance, irrespective of the fact that any one or more sections, sub- sections, subdivisions, paragraphs, sentences, clauses or phrases may be declared invalid or unconstitutional. SECTION 3: Effective Date. This Ordinance shall become effective on the later of (a) the date the Board of Directors of MCE adopts a Resolution adding the City of Napa as a member of MCE, or (b) 30 days after the adoption of this ordinance. City of Napa, a municipal corporation MAYOR :c., (SUS ATTEST: CLER OF E. THE 1;41-Y624UPA LiBIS sa :Inca. STATE OF CALIFORNIA COUNTY OF NAPA 1- SS: CITY OF NAPA I, Dorothy Roberts, City Clerk of the City of Napa, foregoing Ordinance had its first reading and was introduced of the City Council on the 19 th day of January, 2016, and had adopted and passed during the regular meeting of the City February, 2016, by the following vote: do hereby certify that the during the regular meeting its second reading and was Council on the 2nd day of AYES: Inman, Luros, Mott. Sedgley, Techel NOES: None ABSENT: None ABSTAIN: None ATTEST: Approved as to Form: Michael W. Barrett City Attorney LILL Jilibulalanon,tion_ Defiecuutvty ity Clot Dorothy Roberts City Clerk 02016-3 Page 2 of 2 February 2, 2016 289 290 291 292 293 TO\ryN OF ROSS ORDINANCE NO. 612 ORDINANCE OF THE TOWN COUNCIL OF THE TO\ryN OF ROSS APPROVING THE MARIN ENERGY AUTHORITY JOINT POWERS AGREEMENT AND AUTHORIZING THE IMPLEMENTATION OF A COMMUNITY CHOICE AGGREGATION PROGRAM The Town Council of the Town of Ross ordains as follows: SECTION 1. The Town of Ross has been actively investigating options to provide electric services to constituents within its service area with the intent of achieving greater local involvement over the provisions of electric services and promoting competitive and renewable enefgy. SECTION 2. On September 24,2002, the Governor signed into law Assembly Bill 117 (Stat.2002, ch. 838; see California Public Utilities Code section 366.2; hereinafter referred to as the "Act"), which authorizes any California city or county, whose goveming body so elects, to combine the electricity load of its residents and businesses in a community-wide electricity aggregation program known as Community Choice Aggregation. SECTION 3. The Act expressly authorizes participation in a Community Choice Aggregation (CCA) program through a joint powers agency, and to this end the Town has been participating since 2003 inthe evaluation of a CCA program for the County of Marin and the cities and towns within it. SECTION 4. On June22,2006, the Town joined a Local Government Task Force (LGTF), which was comprised of elected officials and representatives of the County of Marin and each municipality in the County. The purpose of the LGTF was to jointly participate in the investigation of CCA for Marin communities and customers. The LGTF had five meetings with the final meeting taking place on March 6,2008. The LGTF meetings looked at issues including: (a) The costs, benefits and risks of a CCA including legal liability issues. (b) The governance and business planning of a CCA. (c) The feasibility of a CCA and deciding whether to pursue formation of a countywide CCA organization. (d) Public education. SECTION 5. Through Docket No. R.03-10-003, the California Public Utilities Commission has issued various decisions and rulings addressing the implementation of Community Choice Aggregation programs, including the recent issuance of a procedure by 294 which the California Public Utilities Commission will review o'Implementation Plans," which are required for submittal under the Act as the means of describing the Community Choice Aggregation program and assuring compliance with various elements contained in the Act. SECTION 6. Representatives from the Town along with the other LGTF members have developed the Marin Energy Authority Joint Powers Agreement ("Joint Powers Agreement") (attached hereto as Exhibit A) in order to accomplish the following: (a) To form a Joint Powers Authority (JPA) known as "Marin Energy" and (b) To specify the terms and conditions by which participants may participate as a group in energy programs, including but not limited to the preliminary implementation of a Community Choice Aggregation program. SECTION 7. Representatives from the Town along with the LGTF members have developed a Business Plan (attached hereto as Exhibit B that describes the formation of Marin Clean Energy and the Community Choice Aggregation program to be implemented by and through the Marin Energy Authority. SECTION 8. A final Implementation Plan will be submitted for review and adoption by the Board of Directors of the Marin Energy Authority as soon after the formation of the Authority as reasonably practicable. SECTION 9. As described in the Business Plan, Community Choice Aggregation by and through the Marin Energy Authority appears to provide a reasonable opportunity to accomplish all of the following: (a) To provide greater levels of local involvement in and collaboration on energy decisions, (b) To increase significantly the amount of renewable energy available to Marin customers, (c) To provide initial price stability, long - term electricity cost savings and other benefits for the community, and (d) To reduce green house gases that are emitted by creating electricity for the communitv. SECTION 10. The Act requires Community Choice Aggregation program participants to individually adopt an ordinance ("CCA Ordinance") electing to implement a Community Choice Aggregation program within its jurisdiction by and through its participation in the Marin Energy Authority. SECTION 11. The Joint Powers Agreement expressly allows the Town to withdraw its membership in the Marin Energy Authority (and its participation in the Community Choice 295 Aggregation program) prior to the actual implementation of a Community Choice Aggregation program through Program Agreement 1. SECTION 12. A city, town or county may not participate in the Marin Energy Joint Powers Authority without also participating in the Community Choice Aggregation program unless the Board of Directors of the Marin Energy Joint Powers Authority decides to not implement or operate a Community Choice Aggregation program after the Authority is established. SECTION 13. Based upon all of the above, the Council approves the Joint Powers Agreement attached hereto as Exhibit A and elects to implement a Community Choice Aggregation program within the Town's jurisdiction by and through the Town's participation in the Marin Energy Authority, as described in the Business Plan in substantially the form attached hereto as Exhibit B, and subject to the Town's right to forego the actual implementation of a Community Choice Aggregation program pursuant to specified withdrawal rights described in the Joint Powers Agreement. The Mayor is hereby authorized to execute the attached Joint Powers Agreement. SECTION 14. This ordinance shall take effect and be in force 30 days after its adoption, and, before the expiration of 30 days after its passage, a summary of this ordinance shall be published once with the names of the members of the Council voting for and against the same in the Marin Independent Journal, a newspaper of general circulation published in the county of Marin. The foregoing ordinance was introduced at a meeting of the Town Council of the Town of Ross held on November 13, 2008, and adopted at ameeting held on December 11, 2008, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: Council members Cahill. Hunter. Martin. Skall. Strauss A¡/da- b-¿*-z'-^-Í Gary Broad, Town Manager 296 ORDINANCE NO. I Oó7 ORDINANCE OF TIIE TOWN COTINCIL OF TIIE TOWN OF SAN ANSELMO APPROVING TIIE MARIN ENERGY AUTHORITY JOINT POWERS AGREEMENT AND AUTHORIZING THE IMPLEMENTATION OF A COMMTINITY CHOICE AGGREGATION PROGRAM The Town Council of the Town of San Anselmo ordains as follows: SECTION 1. The Town of San Anselmo has been actively investigating options to provide electric services to constituents within its service area with the intent of achieving greater local involvement over the provisions of electric services and promoting competitive and renewable energy. SECTION 2. On September 24,2002, the Governor signed into law Assembly Bill 117 (Stat.2002, ch. 838; see California Public Utilities Code section366.2; hereinafter referred to as the "Act"), which authorizes any California city or county, whose governing body so elects, to combine the electricity load of its residents and businesses in a community-wide electricity aggregation program known as Community Choice Aggregation. SECTION 3. The Act expressly authorizes participation in a Community Choice Aggregation (CCA) program through a joint powers agency, and to this end the Town has been participating since 2003 in the evaluation of a CCA program for the County of Marin and the cities and towns within it. SECTION 4. On June 22, 2006, the Town joined a Local Government Task Force (LGTF), which was comprised of elected officials and representatives of the County of Marin and each municipality in the County. The purpose of the LGTF was to jointly participate in the investigation of CCA for Marin communities and customers. The LGTF had five meetings with the final meeting taking place on March 6,2008. The LGTF meetings looked at issues including: (a) The costs, benefits and risks of a CCA including legal liability issues. (b) The governance and business planning of a CCA. (c) The feasibility of a CCA and deciding whether to pursue formation of a countywide CCA organization. (d) Public education. SECTION 5. Through Docket No. R.03-10-003, the California Public Utilities Commission has issued various decisions and rulings addressing the implementation of Community Choice Aggregation programs, including the recent issuance of a procedure by which the California Public Utilities Commission will review "Implementation Plans," which are required for submittal under the Act as the means of describing the Community Choice Aggregation program and assuring compliance with various elements contained in the Act. 297 SECTION 6. Representatives from the Town along with the other LGTF members have developed the Marin Energy Authority Joint Powers Agreement ("Joint Powers Agreement") (attached hereto as Exhibit A) in order to accomplish the following: (a) To form a Joint Powers Authority (JPA) known as "Marin Energy" and (b) To specify the terms and conditions by which participants may participate as a group in energy programs, including but not limited to the preliminary implementation of a Community Choice Aggregation program. SECTION 7. Representatives from the Town along with the LGTF members have developed a Business Plan (attached hereto as Exhibit B that describes the formation of Marin Clean Energy and the Community Choice Aggregation program to be implemented by and through the Marin Energy Authority. SECTION 8. A final Implementation Plan will be submitted for review and adoption by the Board of Directors of the Marin Energy Authority as soon after the formation of the Authority as reasonably practicable. SECTION 9. As described in the Business Plan, Community Choice Aggregation by and through the Marin Energy Authority appears to provide a reasonable opportunity to accomplish all of the following: (a) To provide greater levels of local involvement in and collaboration on energy decisions. (b) To increase significantly the amount of renewable energy available to Marin customers, (c) To provide initial price stability, long - term electricity cost savings and other benefits for the community, and (d) To reduce green house gases that are emitted by creating electricity for the communitv. SECTION 10. The Act requires Community Choice Aggregation program participants to individually adopt an ordinance ("CCA Ordinance") electing to implement a Community Choice Aggregation program within its jurisdiction by and through its participation in the Marin Energy Authority. SECTION I 1. The Joint Powers Agreement expressly allows the Town to withdraw its membership in the Marin Energy Authority(and its participation in the Community Choice Aggregation program) prior to the actual implementation of a Community Choice Aggregation program through Program Agreement 1. SECTION 12. A city, town or county may not participate in the Marin Energy Joint Powers Authority without also participating in the Community Choice Aggregation program unless the Board of Directors of the Marin Energy Joint Powers Authority decides to not 298 implement or operate a Community Choice Aggregation program after the Authority is established. SECTION 13. Based upon all of the above, the Council approves the Joint Powers Agreement attached hereto as Exhibit A and elects to implement a Community Choice Aggregation program within the Town's jurisdiction by and through the Town's participation in the Marin Energy Authority, as described in the Business Plan in substantially the form attached hereto as Exhibit B, and subject to the Town's right to forego the actual implementation of a Community Choice Aggregation program pursuant to specified withdrawal rights described in the Joint Powers Agreement. The Mayor is hereby authorized to execute the attached Joint Powers Agreement. SECTION 14. This ordinance shall take effect and be in force 30 days after its adoption, and, before the expiration of 30 days after its passage, a summary of this ordinance shall be published once with the names of the members of the Council voting for and against the same in the Marin IJ, a newspaper of general circulation published in the County of Marin. The foregoing ordinance was introduced at a meeting of the Town Council of the Town of San Anselmo. held on November 25. 2008. and at a meeting held on December 9, 2008, by the following vote: AYES: Freeman, Greene, Thornton NOES: Breen. House ABSENT: None Chambers. Town Clerk 299 300 301 ORDINANCE NO. 187I (Uncodified) AN ORDINANCE OF THE CITY OF SAN RAFAEL APPROVING THE MARIN ENERGY AUTHORITY JOINT POWERS AGREEMENT AND AUTHOzuZING THE IMPLEMENTATION OF A COMMUNITY CHOICE AGGREGATION PROGRAM The City Council of the City of San Rafael does hereby ordain as follows: SECTION 1. The City of San Rafael has been actively investigating options to provide electric services to constituents within its service area with the intent of achieving greater local involvement over the provisions of electric services and promoting competitive and renewable energy. SECTION 2. On September 24,2002, the Governor signed into law Assembly Bill I 17 (Stat. 2002, ch. 83 8; see California Public Utilities Code section 366.2; hereinafter referred to as the "Act"), which authorizes any Califomia city or counQr, whose governing body so elects, to combine the electricity load of its residents and businesses in a community-wide electricity aggregation program known as Community Choice Aggregation. SECTION 3. The Act expressly authorizes participation in a Community Choice Aggregation (CCA) program through ajoint powers agency, and to this end the City of San Rafael has been participating since 2003 in the evaluation of a CCA program for the County of Marin and the cities and towns within it. SECTION 4. On |une22,2006, the City of San Rafaeljoined a Local GovernmentTask Force (LGTF), which was comprised of elected officials and representatives of the County of Marin and each municipality within the County of Marin, The purpose of the LGTF was to jointly participate in the investigation of CCA for Marin communities and customers. The LGTF had five meetings with the final meeting taking place on March 6, 2008, The LGTF meetings looked at issues including: (a) The costs, benefits and risks of a CCA including legal liability issues, (b) The governance and business planning of a CCA. (c) The feasibility of a CCA and deciding whether to pursue formation of a countywide CCA organization. (d) Public education. SECTION 5. Through Docket No. R.03-10-003, the California Public Utilities Commission has issued various decisions and rulings addressing the implementation of Community Choice Aggregation programs, including the recent issuance of a procedure by which the California Public Utilities Commission will review "lmplementation Plans," which are required for submittal under the Act as the means of describing the Community Choice Aggregation program and assuring compliance with various elements contained in the Act. 302 SECTION 6. Representatives from the Cþ of San Rafael along with the other LGTF members have developed the Marin Energy Authority Joint Powers Agreement ("Joint Powers Agreement", attached hereto as Exhibit A) in order to accomplish the following: (a) To form a Joint Powers Authority (JPA) known as "Marin Eneigy Authority" and, (b) To specifl, the terms and conditions by which participants may participate as a group in energy programs, including but not limited to the preliminary implementation of a Community Choice Aggregation program. SECTION 7. Representatives from the Cþ of San Rafael along with the LGTF members have developed a Business Plan (attached hereto as Exhibit B) that describes the formation of Marin Clean Energy and the Community Choice Aggregation program to be implemented by and tlrough the Marin Energy Authority. SECTION 8. A final Implementation Plan will be submitted for review and adoption by the Board of Directors of the Marin Energy Authority as soon after the formation of the Authority as reasonably practicable. SECTION 9. As described in the Business Plan, Community Choice Aggregation by and through the Marin Energy Authority appears to provide a reasonable opportunity to accomplish all of the following: (a) To provide greater levels of local involvement in and collaboration on energy decisions. (b) To increase significantly the amount of renewable energy available to Marin customers, (c) To provide initial price stability, long - term electricity cost savings and other benefits for the community, and (d) To reduce green house gases which are emitted by creating electricity for the communitv. SECTION 10. The Act requires Community Choice Aggregation program participants to individually adopt an ordinance ("CCA Ordinance") electing to implement a Community Choice Aggregation program within its jurisdiction by and through its participation in the Marin Energy Authority. SECTION 1 1. The Joint Powers Agreement expressly allows the City of San Rafael to withdraw its membership in the Marin Energy Authority (and its participation in the Community Choice Aggregation program) prior to the actual implementation of a Community Choice Aggregation program through Program Agreement l. SECTION 12. A city, town or county may not participate in the Marin Energy Joint Powers Authority without also participating in the Community Choice Aggregation program 303 unless the Board of Directors of the Marin Energy Joint Powers Authority decides to not implement or operate a Community Choice Aggregation program after the Authority is established. SECTION 13. Based upon all of the above, the City Council of the City of San Rafael approves the Joint Powers Agreement attached hereto as Exhibit A and elects to implement a Community Choice Aggregation program within the City's jurisdiction by and through the City's participation in the Marin Energy Authorify, as described in the Business Plan in substantially the form attached hereto as Exhibit B, and subject to the City's right to forego the actual implementation of a Community Choice Aggregation program pursuant to specified withdrawal rights described in the Joint Powers Agreement. The Vice Mayor is hereby authorized to execute the attached Joint Powers Asreement. SECTION 14. A summary of this Ordinance shall be published and a certified copy of the full text of this Ordinance shall be posted in the office of the City Clerk at least five (5) days prior to the City Council meeting at which it is adopted. This Ordinance shall be in full force and effect thirry (30) days after its final passage, and the summary of this Ordinance shall be published within fifteen ( l5) days after the adoption, together with the names of the Councilmembers voting for or against same, in the Marin Independent Journal, a newspaper of general circulation published and circulated in the City of San Rafael, County of Marin, State of California. Within fifteen (15) days after adoption, the City Clerk shall also post in the office of the City Clerk, a certified copy of the fulltext of this Ordinance along with the names of those Councilmembers voting for or against the Ordinance ATTEST: ,futæ* fu-a^- ESTHER BEIRNE. Ciw Clerk The foregoing Ordinance No. 1871 was read and introduced at a Regular Meeting of the City Council of the City of San Rafael, held on the I't day of December, 2008 and ordered passed to print þy the following vote, to wit: AYES: NOES: Councilmembers: Brockbank, Connolly and Heller Councilmembers: Vice-MayorMiller ABSENT: Councilmembers: Mayor Boro, due to potential conflict of interest, and will come up for adoption as an Ordinance of the Cify of San Rafael at a Regular Meeting of the Council to be held on the l5th dav of December. 2008. -41 -2St*-¡z lk¿ P,-<-o MILLER, Vice Mayor ESTHER BEIRNE, City Clerk 304 ORDINANCE NO. 1193 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAUSALITO APPROVING THE MARIN ENERGY AUTHORITY JOINT PO\üERS AGREEMENT AND AUTHORIZING THE IMPLEMENTATION OF A COMMUNITY CHOICE AGGREGATION PROGRAM The City Council of the City of Sausalito ordains as follows: SECTION 1. The City of Sausalito has been actively investigating options to provide electric services to constituents within its service area with the intent of achieving greater local involvement over the provisions of electric services and promoting competitive and renewable energy. SECTION 2. On September 24,2002, the Governor signed into law Assembly Bill 117 (Stat,2002, Ch 838; see California Public Utilities Code section366.2; hereinafter referred to as the "Act"), which authorizes any Califomia City or County, whose goveming body so elects, to combine the electricity load of its residents and businesses in a community-wide electricity aggregation program known as Community Choice Aggregation. SECTION 3. The Act expressly authorizes parlicipation in a Community Choice Aggregation (CCA) program through a joint powers ageîcy, and to this end the City has been participating since 2003 in the evaluation of a CCA program for the County of Marin and the cities and towns within. SECTION 4. On Jtne22,2006, the City joined a Local Government Task Force (LGTF), which was comprised of elected officials and representatives of the County of Marin and each municipality in the County. The purpose of the LGTF was to jointly participate in the investigation of CCA for Marin Communities and customers. The LGTF had five meetings with the final meeting taking place on March 6,2008. The LGTF meetings looked at issues including: (a) The costs, benefits and risks of a CCA including legal liability issues. (b) The govemance and business planning of a CCA. (c) The feasibility of a CCA and deciding whether to pursue formation of a countywide CCA organization. (d) Public education. 305 SECTION 5. Through Docket No. R.03-10-003, the California Public Utilities Commission has issued various decisions and rulings addressing the implementation of community choice Aggregation programs, including the recent issuance of a procedure by which the California Public Utilities commission will review "Implementation Plans", which are required for submittal under the Act as the means of describing the Community Choice Aggregation program and assuring compliance with various elements contained in the Act. SECTION 6. Representatives from the City along with the other LGTF members have developed the Marin Energy Authority Joint Powers Agreement ("Joint Powers Agreement") (attached hereto as Exhibit A) in order to accomplish the following: (a) To form a Joint Powers Authority (JPA) known as "Marin Energy''and (b) To specify the terms and conditions by which participants may participate as a group in energy programs, including but not limited to the preliminary implementation of a Community Choice Aggregation program. SECTION 7. Representatives from the City along with the LGTF members have developed a Business Plan (attached hereto as Exhibit B) that describes the formation of Marin clean Energy and the Community Choice Aggregation program to be implemented by and through the Marin Energy Authority. SECTION 8. A final lmplementation Plan will be submitted for review and adoption by the Board of Directors of the Marin Energy authority as soon after the formation of the authority as reasonably practicable. SECTION 9. As described in the Business Plan, Community Choice Aggregation by and through the Marin Energy authority appears to provide a reasonable opportunity to accomplish all the following. (a) To provide greater levels of local involvement in and collaboration on energy decisions, (b) To increase significantly the amount of renewable energy avallable to Marin customers, (c) To provide initial price stability, long-term electricity cost savings and other benefits for the community, and (d) To reduce green house gases that are emitted by creating electricity for the communitv. SECTION ,0. ,n. Act requires Community Choice Aggregation program participants to individually adopt an ordinance ("CCA Ordinance") electing to implement a Community Choice Aggregation program within its jurisdiction by and through its participation in the Marin Energy Authority. 306 SECTION 11. The Joint Powers Agreement expressly allows the city to withdraw its membership in the Marin Energy Authority (and its participation in the Community Choice Aggregation program) prior to the actual implementation of a Community Choice Aggregation program through Program Agreement 1. SECTION 12. A city, town or county may not participate in the Marin Energy Joint Powers Authority without also participating in the Community Choice Aggregation program unless the Board of Directors of the Marin Energy Joint Powers Authority decides to not implement or operate a Community Choice Aggregation program after the Authority is established. SECTION 13. Based upon all of the above, the Council approves the Joint Powers Agreement attached hereto as Exhibit A and elects to implement a Community Choice Aggregation program within the City's jurisdiction by and through the City's participation in the Marin Energy Authority, as described in the Business Plan in substantially the form attached hereto as Exhibit B, and subject to the City's right to forego the actual implementation of a Community Choice Aggregation program pursuant to specified withdrawal rights described in the Joint Powers Agreement. The Mayor is hereby authorized to execute the attached Joint Powers Agreement. SECTION 14. This ordinance shall take effect and be in force 30 days after its adoption, and, before the expiration of 30 days after its passage, a summary of this ordinance shall be published once with the names and the members of the Council voting for and against the same in the Marin Scope, a newspaper of general circulation published in the City of Sausalito. The foregoing ordinance was introduced at a meeting of the City Council of the City of Sausalito held on November 18, 2008, and adopted at meeting held on November 25,2008, by the followins vote: AYES: NOES: ABSTAIN: ABSENT: Councilmembers: Councilmembers: Councilmembers: Councilmembers: Albritton, Kelly, Leone, Weiner, and Mayor Belser None None None MAYOR OF CITY OF SAUSALITO 307 308 309 ORDINANCE NO. 513 N.S, AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF TIBURON APPROVING THE MARIN ENERGY AUTHORITY JOINT POWERS AGREEMENT AND AUTHORIZING THE IMPLEMENTATION OF A COMMLINTTY CHOICE AGGREGATION PROGRAM The Town Council of the Town of Tiburon ordains as follows: SECTION 1. The Town of Tiburon has been actively investigating options to provide electric services to constituents within its service area with the intent of achieving greater local involvement over the provisions of electric services and promoting competitive and renewable energy. SECTION 2. Onseptember 24,2002,the Governor signed into law Assembly Bill 117 (Stat.2002, ch. 838; see California Public Utilities Code section366.2; hereinafter referred to as the "Act"), which authorizes any Califomia city or county, whose governing body so elects, to combine the elechicity load of its residents and businesses in a community-wide elechicity aggregation progtam lcrown as Community Choice Aggregation. SECTION 3. The Act expressly authorizes participation in a Community Choice Aggregation (CCA) program through a joint powers agency, and to this end the Town has been participating since 2003 in the evaluation of a CCA program for the County of Marin and the cities and towns within it. SECTION 4. On June 22, 2006, the Town joined a Local Govemment Task Force (LGTF), which was comprised of elected officials and representatives of the County of Marin and each municipality in the County. The purpose of the LGTF was to jointly participate in the investigation of CCA for Marin communities and customers. The LGTF had five meetings with the final meeting taking place on March 6, 2008. The LGTF meetings looked at issues including: (a) The costs, benefits and risks of a CCA including legal liability issues. (b) The governance and business planning of a CCA, (c) The feasibility of a CCA antl deciding whether to pursue formation of a countywide CCA organization. (d) Public education. SECTION 5. Through Docket No. R.03-10-003, the Califomia Public Utilities Commission has issued various decisions and rulings addressing the impiementation of Community Choice Aggregation programs, including the recent issuance of a procedure by which the Califomia Public Utilities Commission will review "Implementation Plans," which are required for submittal under the Act as the means of describing the Community Choice Aggregation program and assuring compliance with various elements contained in the Act. Town Council Ordinance No. 513 N.S. Adopted 1I/19/08 Page 1 of3 310 SECTION 6. Representatives from the Town along with the other LGTF members have developed the Marin Energy Authority Joint Powers Agreement ("Joint Powers Agreement") (attached hereto as Exhibit A) in order to accomplish the following: (a) To form a Joint Powers Authority (JPA) known as "Marin Energy" and (b) To speci$r the terms and conditions by which participants may participate as a gfoup in energy programs, including but not limited to the preliminary implementation of a Community Choice Aggregation program. SECTION 7. Representatives from the Town along with the LGTF members have developed a Business Plan (attached hereto as Exhibit B) that describes the formation of Marin Clean Energy and the Community Choice Aggregation program to be implemented by and through the Marin Energy Authonty. SECTION 8. A final Implementation Plan will be submitted for review and adoption by the Board of Directors of the Marin Energy Authority as soon after the formation of the Authority as reasonably practicable, SECTION 9. As described in the Business Plan, Community Choice Aggregation by and th'rough the Marin Energy Authority appears to provide a reasonable opportunity to accomplish all of the following: (a) To provide greater levels of local involvement in and collaboration on energy decisions. (b) To increase significantly the amount of renewabie energy available to Marin customers, (c) To provide initial price stability, long-term electricity cost savings and other benefits for the community, and (d) To reduce green house gases that are emitted by creating electricity for the communifv. SECTION 10. The Act requires Community Choice Aggregation program participants to individually adopt an ordinance ("CCA Ordinance") electing to implement a Community Choice Aggregation program within its jurisdiction by and through its participation in the Marin Energy Authority. SECTION 11. The Joint Powers Agreement expressly allows the Town to withdraw its membership in the Marin Energy Authority (and its participation in the Communify Choice Aggregation program) prior to the actual implementation of a Community Choice Aggregation program through Program Agreement 1. SECTION 12. ^ city, town or county may not participate in the Marin Energy Joint Powers Authority without also participating in the Community Choice Aggregation program unless the Board of Directors of the Marin Energy Joint Powers Authority decides to not implement or operate a Community Choice Aggregation program after the Authority is established. Town Council Ordinqnce No. 513 N.S. Adopted 1l/19/08 Page 2 ofj 311 SECTION 13. Based upon all of the above, the Council approves the Joint Powers Agreement attached hereto as Exhibit A and elects to implement a Community Choice Aggregation program within the Town's jurisdiction by and through the Town's participation in the Marin Energy Authority, as described in the Business Plan in substantially the form attached hereto as Exhibit B, and subject to the Town's right to forego the actual implementation of a Community Choice Aggregation program pursuant to specified withdrawal rights described in the Joint Powers Agreement. The Mayor is hereby authorized to execute the attached Joint Powers Agreement. SECTION 14. This ordinance shall take effect and be in force 30 days after its adoption, and, before the expiration of 30 days after its passage, a summary of this ordinance shall be published once with the names of the members of the Council voting for and against the same in a newspapff of general circulation published in the Town of Tiburon. The foregoing ordinance was introduced at a meeting of the Town Council of the Town of Tiburon held on November 5, 2008, and adopted at a meeting held on November 19, 2008, by the following vote: AYES: COUNCILMEMBERS: NOES: COLINCILMEMBERS: ABSENT: COI.JNCILMEMBERS: Berger, Fredericks, Gram, Slavitz None Collins TFil$ ¡ CE Town Council Ordinance No. 513 N.S.Adopted I I/19/08 Page 3 of 3 312 313 314 315 316 ORDINANCE NO.3505 ORDINANGE OF THE MARIN GOUNTY BOARD OF SUPERVISORS APPROVING THE MARIN ENERGY AUTHORITY JOINT POWERS AGREEMENT AND AUTHORIZING THE IMPLEMENTATION OF A COMMUNITY CHOICE AGGREGATION PROGRAM THE BOARD OF SUPERVISORS OF THE COUNTY OF MARIN ORDAINS AS FOLLOWS: SECTION l. The County of Marin has been actively investigating options to provide electric services to constituents within its service area with the intent of achieving greater local involvement over the provisions of electric services and promoting competitive and renewable energy. SECTION 2. On September 24, 2002, the Governor signed into law Assembly Bill 117 (Stat. 2002, ch. 838; see California Public Utilities Code section 366.2; hereinafter referred to as the "Act"), which authorizes any California city or county, whose governing body so elects, to combine the electricity load of its residents and businesses in a community-wide electricity aggregation program known as Community Choice Aggregation. SECTION 3. The Act expressly authorizes participation in a Community Choice Aggregation (CCA) program through a joint powers agency, and to this end the Gounty has been participating since 2003 in the evaluation of a CCA program for the County and the cities and towns within it. SECTION 4. On June 22,2006, the County of Marin joined a Local Government Task Force (LGTF), which was comprised of elected officials and representatives of each municipality in the County. The purpose of the LGTF was to jointly participate in the investigation of CCA for Marin communities and customers. The LGTF had five meetings with the final meeting taking place on March 6, 2008. The LGTF meetings looked at issues including: (a) The costs, benefits and risks of a CCA including legal liability issues. (b) The governance and business planning of a CCA. (c) The feasibility of a CCA and deciding whether to pursue formation of a countywide CCA organization. (d) Public education. SECTION 5. Through Docket No. R.03-10-003, the California Public Utilities Commission has issued various decisions and rulings addressing the implementation of Community Choice Aggregation programs, including the.recent issuance of a procedure by which the California Public Utilities Commission will review "lmplementation Plans," which are required for submittal under the Act as the means of describing the Ordinance No.3505 Page 1 of3 317 Community Choice Aggregation program and assuring compliance with various elements contained in the Act. SECTION 6. Representatives from the County along with the other LGTF members have developed the Marin Energy Authority Joint Powers Agreement ("Joint Powers Agreement") (attached hereto as Exhibit A) in order to accomplish the following: (a) To form a Joint Powers Authority (JPA) known as "Marin Energy" and (b) To specify the terms and conditions by which participants may participate as a group in energy programs, including but not limited to the preliminary implementation of a Community Choice Aggregation program. SECTION 7. Representatives from the County along with the LGTF members have developed a Business Plan (attached hereto as Exhibit B that describes the formation of Marin Clean Energy and the Community Choice Aggregation program to be implemented by and through the Marin Energy Authority. SECTION 8. A final lmplementation Plan will be submitted for review and adoption by the Board of Directors of the Marin Energy Authority as soon after the formation of the Authority as reasonably practicable. SECTION 9. As described in the Business Plan, Community Choice Aggregation by and through the Marin Ener:gy Authority appears to provide a reasonable opportunity to accomplish all of the following: (a) To provide greater levels of local involvement in and collaboration on energy decisions. (b) To increase significantly the amount of renewable energy available to Marin customers, (c) To provide initial price stability, long - term electricity cost savings and other benefits for the community, and (d) To reduce green house gases that are emitted by creating electricity for the communitY. SEGTION 10. The Act requires Community Choice Aggregation program participants to individually adopt an ordinance ("CCA Ordinance") electing to implement a Community Choice Aggregation program within its jurisdiction by and through its participation in the Marin Energy Authority. SECTION 11. The Joint Powers Agreement expressly allows the County to withdraw its membership in the Marin Energy Authority (and its participation in the Community Choice Aggregation program) prior to the actual implementation of a Community Choice Aggregation program through Program Agreement 1. Ordinance No. 3505 Page 2 of 3 318 SECTION 12. A city, town or county may not participate in the Marin Energy Joint Powers Authority without also participating in the Community Choice Aggregation program unless the Board of Directors of the Marin Energy Joint Powers Authority decides to not implement or operate a Community Choice Aggregation program after the Authority is established SECT¡ON 13. Based upon all of the above, the Board approves the Joint Powers Agreement attached hereto as Exhibit A and elects to implement a Community Choice Aggregation program within the County's jurisdiction by and through the County's participation in the Marin Energy Authority, as described in the Business Plan in substantially the form attached hereto as Exhibit B, and subject to the County's right to forego the actual implementation of a Community Choice Aggregation program pursuant to specified withdrawal rights described in the Joint Powers Agreement. The Chairman of the Board is hereby authorized to execute the attached Joint Powers Agreement. SECTION 14. This ordinance shall take effect and be in force 30 days after its adoption, and, before the expiration of 30 days after its passage, a summary of this ordinance shall be published once with the names of the members of the Board of Supervisors voting for and against the same in the Marin lndependent Journal, a newspaper of general circulation published in the County of Marin. PASSED AND ADOPTED at a regular meeting of the Board of Supervisors of the County of Marin held on this 18th day of November, 2008, by the following vote: AYES:SUPERVISORS Steve Kinsey, Harold C. Brown, Jr., Judy Arnold, Susan L. Adams. Charles McGlashan NOES: NONE ABSENT: NONE Ø'funæ PRESIDENT, BOARD OF SUPERVISORS Ordinance No. 3505 Page 3 of 3 319 320 321 322 MARIN CLEAN ENERGY REVISED COMMUNITY CHOICE AGGREGATION IMPLEMENTATION PLAN AND STATEMENT OF INTENT July 18, 2014 For copies of this document contact Marin Clean Energy in San Rafael, California or visit www.mcecleanenergy.org APPENDIX D 323 i July 2014 Table of Contents CHAPTER 1 – Introduction ..................................................................................................................................... 3 Organization of this Implementation Plan ........................................................................................................ 6 CHAPTER 2 – Aggregation Process ....................................................................................................................... 8 Introduction ........................................................................................................................................................... 8 Process of Aggregation ........................................................................................................................................ 8 Consequences of Aggregation ............................................................................................................................ 9 Rate Impacts ................................................................................................................................................ 9 Renewable Energy Impacts ....................................................................................................................... 9 Energy Efficiency Impacts ....................................................................................................................... 10 CHAPTER 3 – Organizational Structure ............................................................................................................. 11 Organizational Overview .................................................................................................................................. 11 Governance .......................................................................................................................................................... 12 Officers ................................................................................................................................................................. 12 Committees .......................................................................................................................................................... 12 Addition/Termination of Participation ............................................................................................................ 12 Agreements Overview ....................................................................................................................................... 13 Joint Powers Agreement .................................................................................................................................... 13 Program Agreement No. 1................................................................................................................................. 13 Agency Operations ............................................................................................................................................. 14 Resource Planning .............................................................................................................................................. 14 Portfolio Operations ........................................................................................................................................... 14 Operations & Local Energy Programs ............................................................................................................. 15 Rate Setting .......................................................................................................................................................... 16 Financial Management/Accounting ................................................................................................................. 16 Customer Services .............................................................................................................................................. 16 Legal and Regulatory Representation .............................................................................................................. 17 Roles and Functions ........................................................................................................................................... 17 Staffing ................................................................................................................................................................. 18 CHAPTER 4 – CCA Startup .................................................................................................................................. 20 Staffing Requirements ........................................................................................................................................ 20 CHAPTER 5 – Program Phase-In ......................................................................................................................... 22 CHAPTER 6 - Load Forecast and Resource Plan ............................................................................................... 23 Introduction ......................................................................................................................................................... 23 Resource Plan Overview .................................................................................................................................... 24 Supply Requirements ......................................................................................................................................... 25 Customer Participation Rates ............................................................................................................................ 25 Customer Forecast .............................................................................................................................................. 26 Sales Forecast ....................................................................................................................................................... 27 Capacity Requirements ...................................................................................................................................... 27 Renewable Portfolio Standards Energy Requirements ................................................................................. 28 Basic RPS Requirements .......................................................................................................................... 28 MCE’s Renewable Portfolio Standards Requirement .......................................................................... 29 Resources ............................................................................................................................................................. 29 Purchased Power ................................................................................................................................................ 30 Renewable Resources ......................................................................................................................................... 30 APPENDIX D 324 ii July 2014 Medium and Long-Term Renewable Potential .................................................................................... 31 Energy Efficiency ................................................................................................................................................ 31 Baseline Energy Efficiency Potential Estimates .................................................................................... 32 CCA Program Energy Efficiency Goals ................................................................................................. 32 Demand Response .................................................................................................................................... 33 Distributed Generation ...................................................................................................................................... 34 CHAPTER 7 – Financial Plan ................................................................................................................................ 36 Description of Cash Flow Analysis .................................................................................................................. 36 Cost of CCA Program Operations .................................................................................................................... 36 Revenues from CCA Program Operations ...................................................................................................... 36 Cash Flow Analysis Results .............................................................................................................................. 37 CCA Program Implementation Feasibility Analysis ..................................................................................... 37 Marin Clean Energy Financings ....................................................................................................................... 38 CCA Program Start-up and Working Capital (Phases 1 and 2) ................................................................... 38 CCA Program Working Capital (Phase 3) ....................................................................................................... 38 CCA Program Working Capital (Phase 4) ....................................................................................................... 39 Renewable Resource Project Financing ........................................................................................................... 39 CHAPTER 8 - Ratesetting and Program Terms and Conditions ...................................................................... 40 Introduction ......................................................................................................................................................... 40 Rate Policies ......................................................................................................................................................... 40 Rate Competitiveness ......................................................................................................................................... 40 Rate Stability ........................................................................................................................................................ 41 Equity among Customer Classes ...................................................................................................................... 41 Customer Understanding .................................................................................................................................. 41 Revenue Sufficiency ........................................................................................................................................... 41 Rate Design .......................................................................................................................................................... 42 Net Energy Metering .......................................................................................................................................... 42 Disclosure and Due Process in Setting Rates and Allocating Costs among Participants ......................... 42 CHAPTER 9 – Customer Rights and Responsibilities ....................................................................................... 44 Customer Notices ............................................................................................................................................... 44 Termination Fee .................................................................................................................................................. 45 Customer Confidentiality .................................................................................................................................. 46 Responsibility for Payment ............................................................................................................................... 46 Customer Deposits ............................................................................................................................................. 46 CHAPTER 10 - Procurement Process ................................................................................................................... 48 Introduction ......................................................................................................................................................... 48 Procurement Methods ........................................................................................................................................ 48 Key Contracts ...................................................................................................................................................... 48 Electric Supply Contract .......................................................................................................................... 48 Data Management Contract .................................................................................................................... 49 Electric Supply Procurement Process .................................................................................................... 50 Shell Energy North America ................................................................................................................... 50 CHAPTER 11 – Contingency Plan for Program Termination .......................................................................... 51 Introduction ......................................................................................................................................................... 51 Termination by Marin Clean Energy ............................................................................................................... 51 Termination by Members .................................................................................................................................. 52 CHAPTER 12 – Appendices .................................................................................................................................. 53 APPENDIX D 325 3 July 2014 CHAPTER 1 – Introduction Marin Clean Energy (“MCE”; MCE was formerly known as the “Marin Energy Authority” or “MEA”), a public agency, was formed in December 2008 for the purposes of implementing a community choice aggregation (“CCA”) program and other energy-related programs targeting significant greenhouse gas emissions (“GHG”) reductions. At that time, the Member Agencies of MCE included eight of the twelve municipalities located within the geographic boundaries of Marin County: the cities/towns of Belvedere, Fairfax, Mill Valley, San Anselmo, San Rafael, Sausalito and Tiburon and the County of Marin (together the “Members” or “Member Agencies”). In anticipation of CCA program implementation and in compliance with state law, MCE submitted the Marin Energy Authority Community Choice Aggregation Implementation Plan and Statement of Intent (“Implementation Plan”) to the California Public Utilities Commission (“CPUC” or “Commission”) on December 9, 2009. Consistent with its expressed intent, MCE successfully launched its CCA program, Marin Clean Energy (“MCE” or “Program”), on May 7, 2010 and has been successfully serving customers since that time. During the second half of 2011, four additional municipalities within Marin County, the cities of Novato and Larkspur and the towns of Ross and Corte Madera, joined MCE, and a revised Implementation Plan reflecting updates related to said expansion was filed with the CPUC on December 3, 2011. Subsequently, the City of Richmond, located in Contra Costa County, joined MCE, and a revised Implementation Plan reflecting updates related to this expansion was filed with the CPUC on July 6, 2012. A revision to MCE’s Implementation Plan was then filed with the Commission on November 6, 2012 to ensure compliance with Commission Decision 12-08-045, which was issued on August 31, 2012. In Decision 12-08-045, the Commission directed existing CCA programs to file revised Implementation Plans to conform to the privacy rules in Attachment B of this Decision. Since its expansion to the City of Richmond, numerous communities have contacted MCE regarding membership opportunities, including specific requests to join MCE and initiate related CCA service within these respective jurisdictions. In response to these inquiries, MCE’s governing board adopted Policy 007, which establishes a formal process and specific criteria for new member additions. In particular, this policy identifies several threshold requirements, including the specification that any prospective member evaluation demonstrate rate-related savings (based on prevailing market prices for requisite energy products at the time of each analysis) as well as environmental benefits (as measured by anticipated reductions in greenhouse gas emissions and increased renewable energy sales to CCA customers) before proceeding with expansion activities, including the filing of related revisions to this Implementation Plan. As MCE receives new membership requests, staff will follow the prescribed evaluative process of Policy 007 and will present related results at future public meetings. To the extent that membership evaluations demonstrate favorable results and any new community completes the process of joining MCE, this Implementation Plan will be APPENDIX D 326 4 July 2014 revised through an amendment to highlight key impacts and consequences related to the addition of the new community/communities. Also, consistent with MCE’s mission statement, MCE launched its first energy efficiency portfolio in late 2012, initially providing multi-family energy efficiency services to MCE customers only. In early 2013, MCE launched a portfolio of energy efficiency programs available to all ratepayers in its service territory, not just MCE customers. Energy efficiency and other local programs continue to be a robust and growing portion of MCE’s operating activities. MCE gives electric customers of the Member Agencies an opportunity to procure electricity from competitive suppliers, with such electricity being delivered over PG&E’s trans mission and distribution system. To date, the electricity delivered to MCE customers has included over 27 percent Renewables Portfolio Standard (“RPS”) qualifying renewable energy, an amount which has surpassed all reporting entities, including the incumbent utility. Over the course of MCE’s phased implementation schedule, all current PG&E customers within MCE’s service area will receive information describing the Program and will have multiple opportunities to express their desire to remain bundled customers of PG&E, in which case they will not be enrolled in the Program. Thus, participation in the CCA Program is completely voluntary; however, customers, as provided by law, will be automatically enrolled unless they affirmatively elect to opt-out of the CCA Program. The MCE program has received considerable interest from other communities in response to its innovative, environmentally-focused energy service alternative, which now provides electric generation service to approximately 120,000 customers, including a cross section of residential and commercial accounts. During its four-year operating history, non-member municipalities have monitored MCE progress, evaluating the potential opportunity for membership, which would enable customer choice with respect to electric generation service. In response to public interest and MCE’s successful operational track record, the County of Napa has requested MCE membership, consistent with MCE Policy 007, and adopted the requisite ordinances for joining MCE. MCE’s Board of Directors approved the County of Napa’s membership request at a duly noticed public meeting on June 5, 2014 (through the approval of Resolution No. 2014-03) and the County of Napa’s Board of Supervisors completed its final reading of the requisite CCA ordinance (Ordinance No. 1391) on July 15, 2014. This revision of the Marin Clean Energy Community Choice Aggregation Implementation Plan and Statement of Intent (“Revised Implementation Plan”) describes MCE’s expansion plans to include the County of Napa. According to the Commission, the Energy Division is required to receive and review a revised MCE implementation plan reflecting changes/consequences of additional members. With this in mind, MCE has reviewed its revised Implementation Plan, which was filed with the Commission on November 6, 2012, and has identified certain information that requires updating to reflect the changes and consequences of adding the new member and to address MCE’s name change (from MEA to MCE), which occurred via Resolution No. 2013-11 of MCE’s Governing Board on December 5, 2013. This Revised Implementation Plan reflects such changes and includes related projections that account for MCE’s planned expansion. APPENDIX D 327 5 July 2014 Implementation of MCE has enabled customers within MCEs service area to take advantage of the opportunities granted by Assembly Bill 117 (“AB 117”), the Community Choice Aggregation Law. MCE’s primary objective in implementing this Program continues to focus on increased utilization of renewable energy supplies for the purpose of promoting significant GHG emissions reductions. To date, MCE has achieved this objective by offering customers two energy supply options: 1) a minimum 50 percent renewable content, which will be the default service option for participating customers1; or 2) 100 percent renewable content. The prospective benefits to consumers include a substantial increase in renewable energy supply, stable and competitive electric rates, public participation in determining which technologies are utilized to meet local electricity needs, and local/regional economic benefits. To ensure successful operation of the MCE program, MCE has received assistance from experienced energy suppliers and contractors in providing energy services to Program customers. As a result of a competitive solicitation process and subsequent contract negotiations, a highly qualified firm, Shell Energy North America (“SENA”) was selected as MCE’s initial energy services provider and scheduling coordinator. Since this initial solicitation, MCE has completed numerous procurement activities in an effort to accommodate the increasing electric energy requirements of a growing customer base, including the execution of various power purchase agreements with new and existing renewable energy projects. Such purchases have served to diversify MCE’s energy supply portfolio, reflecting the use of multiple fuel sources, contract term lengths and resource locations, among other considerations. To serve the increasing energy requirements resulting from expanded membership MCE anticipates that its existing supply agreement with SENA may be amended and/or supplemented with additional purchases from other qualified suppliers of requisite energy products to reflect the Program’s increased future needs. Information regarding SENA is contained in Chapter 10. MCE’s Implementation Plan reflects a collaborative effort among MCE, its Members, and the private sector to bring the benefits of competition and choice to Member residents and businesses. By exercising its legal right to form a CCA Program, MCE has enabled its Members’ constituents to access the competitive market for energy services and obtain access to increased renewable energy supplies and resultant reductions in GHG emissions. Absent action by MCE or its individual Members, most customers would have no ability to choose an electric supplier and would remain captive customers of their incumbent utility. The California Public Utilities Code provides the relevant legal authority for MCE to become a Community Choice Aggregator and invests the California Public Utilities Commission (“CPUC” or “Commission”) with the responsibility for establishing the cost recovery mechanism that must be in place before customers can begin receiving electrical service through MCE’s CCA Program. The CPUC has also registered MCE as a Community Choice Aggregator and continues to ensure compliance with basic consumer protection rules. The Public Utilities Code requires that an Implementation Plan be adopted at a duly noticed public hearing and 1 MCE customers received nearly 29 percent RPS-qualifying renewable energy in 2013. The default renewable energy content, which includes RPS-qualifying renewable energy and supplemental renewable energy credit purchases, was voluntarily increased from 25% to 50% beginning in January, 2012. APPENDIX D 328 6 July 2014 that it be filed with the Commission in order for the Commission to determine the cost recovery mechanism to be paid by customers of the Program in order to prevent shifting of costs. Each of these milestones has been accomplished. The Commission has established the methodology that will be used to determine the cost recovery mechanism, and PG&E now has approved tariffs for imposition of the cost recovery mechanism. Finally, each of MCE’s Members has adopted an ordinance to implement a CCA program through its participation in MCE (copies of the ordinance adopted by MCE’s newest member, the County of Napa, is included as Appendix D). Following the CPUC’s certification of its receipt of this Revised Implementation Plan and resolution of any outstanding issues, MCE will take the final steps needed to expand CCA service to MCE’s new member, including customer notification and enrollment. Organization of this Implementation Plan The content of this Revised Implementation Plan complies with the statutory requirements of AB 117. Because MCE has already successfully implemented its CCA program, this Revised Implementation Plan includes narrative discussion, updates and projections focused on on- going operation and expansion of the MCE program rather than previously completed implementation efforts. As a result, certain sections of this document are now substantially abbreviated. Consistent with requirements identified in PU Code Section 366.2(c)(4), this Revised Implementation Plan addresses:  Universal access;  Reliability;  Equitable treatment of all customer classes; and  Any requirements established by state law or by the CPUC concerning aggregated service. To promote consistency with MCE’s original January 25, 2010 Implementation Plan, the remainder of this Revised Implementation Plan is organized as follows: Chapter 2: Aggregation Process Chapter 3: Organizational Structure Chapter 4: CCA Startup Chapter 5: Program Phase-In Chapter 6: Load Forecast and Resource Plan Chapter 7: Financial Plan Chapter 8: Ratesetting Chapter 9: Customer Rights and Responsibilities Chapter 10: Procurement Process Chapter 11: Contingency Plan for Program Termination Appendix A: Marin Clean Energy Resolution 2014-03 Appendix B: County of Napa, Resolution 2014-59 Appendix C: Joint Powers Agreement Appendix D: County of Napa, CCA Ordinance – Ordinance No. 1391 The requirements of AB 117 are cross-referenced to Chapters of this Implementation Plan in the following table. APPENDIX D 329 7 July 2014 AB 117 Cross References AB 117 REQUIREMENT IMPLEMENTATION PLAN CHAPTER Process and consequences of aggregation Chapter 2: Aggregation Process Organizational structure of the program, its operations and funding Chapter 3: Organizational Structure Chapter 4: Startup Plan and Funding Chapter 7: Financial Plan Ratesetting and other costs to participants Chapter 8: Ratesetting Chapter 9: Customer Rights and Responsibilities Disclosure and due process in setting rates and allocating costs among participants Chapter 8: Ratesetting Methods for entering and terminating agreements with other entities Chapter 10: Procurement Process Participant rights and responsibilities Chapter 9: Customer Rights and Responsibilities Termination of the program Chapter 11: Contingency Plan for Program Termination Description of third parties that will be supplying electricity under the program, including information about financial, technical and operational capabilities Chapter 10: Procurement Process Statement of Intent Chapter 1: Introduction APPENDIX D 330 8 July 2014 CHAPTER 2 – Aggregation Process Introduction As previously noted, MCE successfully launched its CCA Program, MCE, on May 7, 2010 after meeting applicable statutory requirements and in consideration of planning elements described in its January 25, 2010 Implementation Plan. At this point in time, MCE plans to expand agency membership to include the County of Napa. This community has requested MCE membership, and MCE’s Board of Directors subsequently approved the membership request at a duly noticed public meeting. As planned, the residents and businesses within MCE’s expanded service territory will be offered electric generation service from MCE’s currently operating CCA program, MCE, which represents a culmination of planning efforts that are responsive to the expressed needs and priorities of the citizenry and business community within the region. Through the MCE program eligible customers have received expanded energy choices, including the creation of a 100% renewable energy product and 100% local solar product. In effect, MCE provides Marin residents and businesses with four electric service options, which include: 1) the default 50% (minimum) renewable energy service option – Light Green; 2) a 100% renewable energy service option – Deep Green – which can be chosen on a voluntary basis; 3) a 100% local solar energy service option – Sol Shares – in which customers can enroll on a voluntary basis2; or 4) bundled energy service from the incumbent utility. It remains MCE’s long-term goal to supply its customers entirely with clean, renewable energy, subject to economic and operational constraints. Each of the Member Agencies has adopted an ordinance to implement a CCA program through its participation in MCE. A Revised Implementation Plan was adopted at a duly noticed public hearing of MCE on June 5, 2014. Process of Aggregation All customers currently enrolled in the MCE program were appropriately noticed. Before additional phases of customers are enrolled in the Program, MCE will mail at least two written notices to customers, beginning at least two calendar months, or sixty days, in advance of the date of commencing automatic enrollment, that will provide information needed to understand the Program’s terms and conditions of service and explain how these customers can opt-out of the Program, if desired. All customers that do not follow the opt-out process specified in the customer notices will be automatically enrolled, and service will begin at their next regularly scheduled meter read date at least one calendar month, or thirty days following the date of automatic enrollment, subject to the service phase-in plan described in Chapter 5. At least two follow-up opt-out notices will be mailed to these customers within the first two calendar months, or sixty days, of service. 2 The Sol Shares program is currently accepting customer enrollments but will not begin delivering electric power to participating customers until the 2015 calendar year. In the meantime, Sol Shares enrollees may continue taking MCE service under the Light Green or Deep Green service options. APPENDIX D 331 9 July 2014 Customers enrolled in the Program will continue to have their electric meters read and be billed for electric service by the distribution utility (PG&E). The electric bill for Program customers will show separate charges for generation procured by the Program and all other charges related to delivery of the electricity and other utility charges that will continue to be assessed by PG&E. After service cutover, customers will be given two additional opportunities to opt-out of the Program and return to the distribution utility (PG&E) following receipt of their first and second bills. Customers that opt-out between the initial cutover date and the close of the post enrollment opt-out period will be responsible for program charges for the time they were served by MCE but will not otherwise be subject to any penalty for leaving the program. Customers that have not opted-out within thirty days of the fourth opt-out notice will be deemed to have elected to become a participant in the Program and to have agreed to the Program’s terms and conditions, including those pertaining to requests for termination of service, as further described in Chapter 8. Consequences of Aggregation Rate Impacts Customers will pay the generation charges set by MCE and no longer pay the costs of PG&E generation. Customers enrolled in the Program will be subject to the Program’s terms and conditions, including responsibility for payment of all Program charges as described in Chapter 9. MCE’s rate setting policies are described in Chapter 7. MCE will establish rates sufficient to recover all costs related to operation of the Program, and actual rates will be adopted by MCE’s governing board. Information regarding current Program rates will be disclosed along with other terms and conditions of service in the pre-enrollment opt-out notices sent to potential customers. Program customers are not expected to be responsible in any way for costs associated with the utilities’ future electricity procurement contracts or power plant investments that are made on behalf of utility bundled service customers. Certain pre-existing generation costs will continue to be charged by PG&E to CCA customers through a separate rate component, called the Cost Responsibility Surcharge or CRS. This charge is shown in PG&E’s tariff, which can be accessed from the utility’s website. Renewable Energy Impacts The MCE program has substantially increased the proportion of energy generated and supplied to its customers by renewable resources. The resource plan includes procurement of renewable energy sufficient to meet a minimum of 50 percent of the Program’s electricity needs. Customers of MCE may voluntarily participate in a 100 percent renewable supply option. To the extent that customers choose to participate in this voluntary program, the renewable content of MCE’s power supply would increase. The renewable energy requirements of MCE customers are being supplied through contractual arrangements, but may be delivered, at an indeterminate point in the future, by new renewable generation resources developed by or for APPENDIX D 332 10 July 2014 MCE subject to then-current considerations (such as development costs, regulatory requirements and other concerns). Energy Efficiency Impacts Energy efficiency is an important component of the MCE mission statement. MCE currently administers over $4 million in ratepayer funded energy efficiency programs under the purview of the California Public Utilities Commission. MCE launched energy efficiency programs in late 2012 under the authority of Public Utilities Code section 381.1 (e-f). This 2012 plan focused specifically on providing multi-family energy efficiency services to MCE customers only. In early 2013, MCE launched a full portfolio of energy efficiency services, available to all ratepayers in MCE service territory, under the authority in PUC 381.1 (a-d). Energy efficiency is included in the MCE Integrated Resources Plan, and both local energy efficiency potential and energy efficiency accomplishments are utilized to inform future estimates of procurement needs. This relationship is described further in Chapter 6. APPENDIX D 333 11 July 2014 CHAPTER 3 – Organizational Structure This section provides an overview of the organizational structure of MCE Organizational Overview The MCE program is governed by MCE’s Board of Directors (“Board”), appointed by the Members. MCE is a joint powers agency created in December 2008 and formed under California law. Originally, the County of Marin and eight municipalities within the geographic boundaries of the County became Members of MCE and elected to offer the Program to their constituents. Since that time, the remaining four municipalities within Marin, which include the cities of Novato and Larkspur and the towns of Ross and Corte Madera, have requested and received approval for MCE membership as has the City of Richmond and, most recently, the County of Napa. MCE (formerly known as “The Marin Energy Authority”) is the CCA entity that has registered with the CPUC and has been responsible for implementing and managing the program pursuant to MCE’s Joint Powers Agreement (“JPA Agreement” or “Agreement”). The Program is operated under the direction of an Executive Officer, who has been appointed by the Board. The Executive Officer reports to the Board comprised of one representative from each participating Member of MCE. Those who are eligible to serve as representatives on the Board include elected officials from the then-current County Board of Supervisors representing Marin County as well as the County of Napa (one Board representative has been selected from the Marin County Board of Supervisors; another Board representative, who will soon begin serving on MCE’s governing board, has been selected by the County of Napa’s Board of Supervisors) and the City and Town Councils (one representative has been selected from each of the City and Town Councils) of the Members. The Board’s primary duties are to establish program policies, set rates and provide policy direction to the Executive Officer, who has general responsibility for program operations, consistent with the policies established by the Board. The Board has also determined necessary staffing levels, individual titles and related compensation ranges for the organization. The Board may also adjust staffing levels and compensation over time in response to varying workloads, specific programs and/or general responsibilities of MCE. The Executive Officer is an employee of MCE, and the Board is responsible for evaluating the Executive Officer’s performance. The Board has established a Chairman and other officers from among its membership and has established an Executive Committee and Technical Committee and may establish other committees and sub-committees as needed to address issues that require greater expertise in particular areas (e.g., finance or contracts). MCE may also establish an “Energy Commission” formed of Board-selected designees. The Energy Commission would have responsibility for evaluating various issues that may affect MCE and its customers, including rate setting, and would provide analytical support and recommendations to the Board in these regards. APPENDIX D 334 12 July 2014 The Executive Officer has responsibilities over the functional areas of Finance, Regulatory Affairs, and Operations. In performing these responsibilities, the Executive Officer utilizes a combination of internal staff and contractors. Certain specialized functions needed for program operations, namely the electric supply and customer account management functions described below, are performed by experienced third-party contractors. Governance MCE has a Board of Directors consisting of one representative from each Member. Following satisfaction of certain administrative conditions, the Board will soon add an additional representative from the County of Napa. The Board meets at regular intervals to provide the overall management and guidance for MCE. All Board meetings are public and held in accordance with the Ralph M. Brown Act. Decisions by MCE are under voting procedures defined in the JPA Agreement, attached hereto as Appendix C. All votes on a particular matter are subject to the two-tiered approval process described in the JPA Agreement. Officers MCE has a Chair and Vice-Chair elected to one-year terms by the Board of Directors. Both the Chair and Vice-Chair must be members of the Board. In addition, MCE has a Board Clerk and Auditor; neither of which will be members of the Board of Directors. The JPA Agreement provides further detail with respect to each of these positions. Committees MCE may form various committees comprised of Board designees from the Member communities. Appointments would be made based on various skill sets and expertise that will be useful in evaluating matters affecting MCE and its customers, specifically issues related to rate setting, procurement of energy products and other technical matters. These committees would provide the Board with recommendations and related analysis to support policy-level decisions of the Board. MCE may elect to have additional committees or working groups to address various topics. Any additional committees and their functions will be determined by the Board of Directors at the time each committee is created. At present, MCE has formed the following standing committees: 1) the Executive Committee; and 2) the Technical Committee. MCE also utilizes Ad Hoc Committees from time to time on an as-needed basis. Addition/Termination of Participation The JPA Agreement provides for the addition of new participants subject to the affirmative vote of MCE’s Board of Directors pursuant to the voting structure described in the Agreement. The Board has determined the specific terms and conditions under which new Members can be admitted and has recently approved the membership request received from the County of Napa. Following the satisfaction of certain administrative requirements determined by the APPENDIX D 335 13 July 2014 Board, a representative from the new Member will be added to the Board and will begin participating in governance activities. A JPA Member can withdraw itself from the JPA subject to the specific terms and conditions contained in the JPA Agreement. Agreements Overview There are two principal agreements that govern MCE and the initial operation of its CCA Program: the JPA Agreement and Program Agreement No. 1 (PA-1). Each of these agreements and its functions are discussed below. Joint Powers Agreement The JPA Agreement created MCE and delineates a broad set of powers related to the study, promotion, development, and conduct of electricity-related projects and programs. The JPA Agreement describes MCE as having broad powers, but a very limited role without implementing agreements (“program agreements”) to carry out specific programs. This structure is intended to provide flexibility for MCE to undertake other programs in the future that may be unrelated to CCA on behalf of all or a subset of MCE’s Members. The Board has limited decision making authority regarding land use within the Member communities. Any issues involving land use within Member communities will be raised with the potentially affected Member. The land use and building regulations of each Member shall apply to any JPA facilities located within the jurisdiction of that Member. Any amendments to the JPA Agreement will be subject to prior approval by the Board. The first program agreement or PA-1, discussed in greater detail below, provides for electric generation service to customers of the CCA Program. At MCE’s Members’ discretion, future program agreements could provide for other energy related programs or subsequent energy transactions. Program Agreement No. 1 PA-1 consists of three components: 1) the Edison Electric Institute (“EEI”) Master Power Purchase & Sale Agreement (“Master EEI Agreement”), which is a standard industry contract used by public and private utilities across the United States; 2) the EEI Master Power Purchase & Sale Agreement Cover Sheet, which provides additional detail related to MCE’s specific transaction, identifying exceptions, clarifications and areas of applicability that modify the standard terms and conditions of the Master EEI Agreement; and 3) one or more Confirmations, inclusive of any amendments thereto, which is referenced in the Master EEI Agreement and defines the commercial terms of MCE’s transaction. PA-1 is the agreement under which MCE currently procures a significant portion of the electric supply services for MCE customers. PA-1 specifies a five year delivery period, which commenced on May 7, 2010 and ends on May 6, 2015. PA-1 specifies a full requirements energy product, including electric energy, renewable energy, capacity, ancillary services and scheduling coordination services. Based on contract negotiations, PA-1 specifies fixed annual prices for each year of the delivery period and APPENDIX D 336 14 July 2014 insulates municipal funds/budgets of the Member Agencies before, during and after the delivery period. PA-1 was executed by MCE and its energy supplier, SENA, on February 5, 2010 and has since incorporated a series of amendments to accommodate Program expansion. It is MCE’s intent to provide for the additional energy requirements of future MCE customers by negotiating other contracts for requisite energy products and/or subsequent amendments to PA-1, which will be completed prior to commencement of service to CCA customers located within the unincorporated areas of the County of Napa. MCE anticipates that SENA will continue in its role as MCE’s primary energy supplier and scheduling coordinator over the near-term (through December 31, 2016) but will also pursue supply arrangements with renewable energy generators to supplement planned renewable energy deliveries from SENA. Agency Operations MCE conducts program operations through its own internal staff and through contracts for services with third parties. MCE has its own General Counsel to manage its legal affairs. MCE’s Executive Officer will have responsibility for day-to-day operations of the Program. To assist the Executive Officer, MCE has hired a full-time Administrative Assistant and a Clerk. Other staff positions may be added as necessary to include positions in finance, customer services, energy efficiency and other local energy programs, and operations. Major MCE functions that are performed and managed by the Executive Officer are summarized below. Resource Planning MCE is charged with developing both short (one and two-year) and long-term resource plans for the program. The Executive Officer manages staff and contractors to develop the resource plan under the guidance provided by the Board and in compliance with California Law, and other requirements of California regulatory bodies (CPUC and CEC). Long-term resource planning includes load forecasting and supply planning on a ten- to twenty-year time horizon. MCE’s technical team develops integrated resource plans that meet program supply objectives and balance cost, risk and environmental considerations. Integrated resource planning considers demand side energy efficiency and demand response programs as well as traditional supply options. The CCA Program requires an independent planning function despite day-to-day supply operations being contracted to a third party energy supplier. Plans are updated and adopted by the Board on an annual basis. Portfolio Operations Portfolio operations encompass the activities necessary for wholesale procurement of electricity to serve end use customers. These highly specialized activities include the following:  Electricity Procurement – assemble a portfolio of electricity resources to supply the electric needs of program customers. APPENDIX D 337 15 July 2014  Risk Management – standard industry techniques are employed to reduce exposure to the volatility of energy markets and insulate customer rates from sudden changes in wholesale market prices.  Load Forecasting – develop accurate load forecasts, both long-term for resource planning and short-term for the electricity purchases and sales needed to maintain a balance between hourly resources and loads.  Scheduling Coordination – scheduling and settling electric supply transactions with the CAISO. MCE has initially contracted with an experienced and financially sound third party, SENA, to perform most of the portfolio operation requirements for the CCA Program. These requirements include the procurement of energy and ancillary services, scheduling coordinator services, and day-ahead and real-time trading. PA-1 is the contractual instrument that has been developed for this purpose; additional detail related to PA-1 is provided in the preceding discussion. MCE will approve and adopt a set of Program Controls that will serve as the risk management tools for the Executive Officer and any third party involved in the program’s portfolio operations. Program Controls will define risk management policies and procedures and a process for ensuring compliance throughout the organization. During initial operations, SENA will bear the majority of program operational risks, pursuant to the terms and conditions of PA- 1. Operations & Local Energy Programs A key focus of the CCA Program will be the development and implementation of local energy programs for its Members, including energy efficiency programs, net energy metering, distributed generation programs and other energy programs responsive to Member interests. The Executive Officer is responsible for further development of these Programs. To assist the Executive Officer in this regard, MCE has hired additional staff to oversee program operations and local energy program administration as well as develop energy efficiency marketing strategies, perform customer outreach and conduct related analyses to support chosen courses of action. As experience is gained from the retail energy side of the CCA Program, MCE will continue enhancing its local energy programs to achieve MCE’s desired goals and objectives. MCE is currently administering energy efficiency and distributed (solar) generation programs that can be used as alternatives to procurement of supply-side resources. MCE may also implement demand response programs in the future. For the time being, MCE has launched various small-scale pilot projects to explore demand response opportunities within its service territory. MCE will attempt to consolidate existing demand side programs into this organization and leverage the structure to expand energy efficiency offerings to customers throughout its service territory. APPENDIX D 338 16 July 2014 Rate Setting The Board of Directors has the ultimate responsibility for setting the electric generation rates for the Program’s customers. The Executive Officer in cooperation with technical staff and appropriate advisors, consultants and committees of the Board is responsible for developing proposed rates and options for the Board to consider before finalization. The final approved rates must, at a minimum, meet the annual revenue requirement developed by the Executive Officer, including any reserves or coverage requirements set forth in electric supply agreements and/or bond covenants. The Board has the flexibility to consider rate adjustments within certain ranges, provided that the overall revenue requirement is achieved; this provides an opportunity for economic development rates or other rate incentives. Financial Management/Accounting The Executive Officer in cooperation with technical staff, advisors and consultants is responsible for managing the financial affairs of MCE, including the development of an annual budget and revenue requirement; managing and maintaining cash flow requirements; potential bridge loans and other financial tools; and a large volume of billing settlements. The Executive Officer uses contractors and/or staff in support of these activities, as appropriate. The Finance function arranges financing for capital projects, prepares financial reports, and ensures sufficient cash flow for the Program. This function also plays an important role in risk management by monitoring the credit of suppliers so that credit risk is properly understood and mitigated by the Program. In the event that changes in a supplier’s financial condition and/or credit rating are identified, the Program will be able to take appropriate action, as would be provided for in the electric supply agreement. The Finance function establishes credit policies that the program must follow. The retail settlements (customer billing) is contracted out to an organization with the necessary infrastructure and capability to handle in excess of 138,000 accounts during full Program phase- in and near-term expansion (to the County of Napa), which is scheduled to occur in February 2015. This function is described under Customer Services, below. Customer Services In addition to general program communications and marketing, a significant focus on customer service, particularly representation for key accounts, is necessary. This includes both a call center designed to field customer inquiries and routine interaction with customer accounts. The Executive Officer is responsible for the Customer Services function and uses staff and/or contractors in support of these activities as appropriate. The Customer Account Services function performs retail settlements-related duties and manages customer account data. It processes customer service requests and administers customer enrollments and departures from the Program, maintaining a current database of customers enrolled in the Program. This function coordinates the issuance of monthly bills through the distribution utility’s billing process and tracks customer payments. Activities APPENDIX D 339 17 July 2014 include the electronic exchange of usage, billing, and payments data with the distribution utility and MCE, tracking of customer payments and accounts receivable, issuance of late payment and/or service termination notices, and administration of customer deposits in accordance with MCE credit policies. The Customer Account Services function also manages billing related communications with customers, customer call centers, and routine customer notices. MCE has initially contracted with a third party, Noble Americas Energy Solutions (“Noble”), which has demonstrated the necessary experience and administers appropriate computer systems (customer information system), to perform the customer account and billing services functions. MCE conducts Program marketing and key customer account management functions. These responsibilities will include the assignment of account representatives to key accounts, which will ensure high levels of customer service to these businesses, and implementation of a marketing strategy to promote customer satisfaction with the CCA Program. Effectively administering communications, marketing messages, and delivering information regarding the CCA Program to all customers is critical for the overall success of the CCA Program. Legal and Regulatory Representation The CCA Program requires ongoing regulatory representation to file resource plans, resource adequacy, compliance with California RPS, and overall representation on issues that will impact MCE, its Members and MCE customers. MCE maintains an active role at the CPUC, CEC, and, as necessary, FERC and the California legislature. Day-to-day analysis and reporting of pertinent legal and regulatory issues is completed by the Program’s in-house legal and regulatory staff and/or qualified contractors. MCE also retains legal services, as necessary, to administer MCE, review contracts, and provide overall legal support to the activities of MCE. Roles and Functions The Board performs the functions inherent in its policy-making, management and planning roles. MCE is the public face of the Program and has a direct role in marketing, communications and customer service. Other highly specialized functions, such as energy supply and data management, are contracted out to third parties with sufficient experience, technical and financial capabilities. The functions that are currently being performed by MCE’s Board of Directors, the Executive Officer and third parties are specified below: APPENDIX D 340 18 July 2014 Organization Roles/Functions/Activities MCE Board of Directors Executive/Policy/Legal Executive Officer Finance Legal and Regulatory - Legal support - Participation in regulatory proceedings - Regulatory reporting Marketing/Communications Rates & Support - Rate policy - Rate design - Cost-of-service planning Resource Planning - Load research - Load forecasting - Supply-side/Demand side portfolio planning Supply Operations - Procurement - Contract Negotiation - Invoice Reconciliation Contract Management - RFP/RFQ Administration - Invoice Reconciliation & Issue Resolution - Project Development Status Monitoring Customer Service - Account representatives - Energy efficiency/DG program management Energy Suppliers Supply Operations - Procurement - Scheduling coordination - Settlements (ISO/Wholesale) - Short-term load forecasting Customer Account Services Provider/Data Manager (Noble) Account Management (Customer Information System) - Customer switching - New customer processing - Data exchange (EDI) - Payment processing (AR/AP) - Billing and retail settlements - Call center Staffing Staffing requirements for the above MCE functions will be approximately ten full time equivalent positions, once the customer phase-in is complete and the program is fully operational. These staffing requirements are in addition to the services provided by the third party energy suppliers and the data manager. The Executive Officer will have discretion whether to internally staff these required functions or to contract for these services. APPENDIX D 341 19 July 2014 The following table shows the staffing plan for Marin Clean Energy at initial full-scale operational levels, following full phase-in. Customer service for the mass market residential and small commercial customers will be provided by the Program’s third party customer account services provider. Current Staffing for the Marin Clean Energy Community Choice Aggregation Program Longer-term staffing needs will include additional energy efficiency and distributed generation activities and potentially the creation of an internal organization to perform the portfolio operations and account services functions that are currently performed under contract arrangements. Position Staff (Full Time Equivalents) Executive Officer 1 Director of Internal Operations 1 Business Analyst 1 Clerk 1 Human Resources Coordinator 0.5 Administrative Associate 1 Communications Director 1 Manager of Account Services 1 Account Manager 1 2 Community Affairs Coordinator 1 Communications Associate 1 Energy Efficiency Director 1 Energy Efficiency Specialist 2 Legal Director 1 Regulatory Counsel 1 Regulatory Analyst 1 Regulatory Assistant 1 Director of Power Resources 1 Program Specialist 1 Special Assignment Intern 0.5 Total Staffing 21 Internal Operations Public Affairs Energy Efficiency Legal & Regulatory Electric Supply APPENDIX D 342 20 July 2014 CHAPTER 4 – CCA Startup As previously noted, MCE successfully launched the MCE program on May 7, 2010. To ensure successful operation during the implementation and start-up period, MCE utilized a mix of staff and contractors in its CCA Program implementation. The following table illustrates start-up responsibilities as well as expectations for near-term (two to five years), and long-term staffing roles. Expectations for Staffing Roles Function Start-Up Near-Term (2 to 5 Years) Long-Term Program Governance MCE Board MCE Board MCE Board Program Management MCE EO MCE EO MCE EO Outreach MCE EO MCE EO MCE EO Customer Service MCE EO MCE EO MCE EO Key Account Management MCE EO MCE EO MCE EO Regulatory Third Party (MCE EO support) MCE EO (Regulatory Analyst support) MCE EO (Regulatory Analyst support) Legal MCE EO MCE EO MCE EO Finance MCE EO MCE EO MCE EO Rates: Develop & Approve MCE EO (third Party support) MCE Board MCE EO (third Party support) MCE Board MCE EO (third party support) MCE Board Resource Planning Third Party (MCE EO support) MCE EO (third party support) MCE EO (third party support) Energy Efficiency MCE EM (third Party Support) MCE EO (Program Energy Efficiency Staff) MCE EO (Program Energy Efficiency Staff) Resource Development MCE EO (third party support) MCE EO (third party support) MCE EO (third party support) Portfolio Operations Third Party Third Party (MCE EO support) MCE EO (third party support) Scheduling Coordinator Third Party Third Party Third Party (potentially MCE EO) Data Management Third Party Third Party Third Party (potentially MCE EO) Staffing Requirements Staff will be added incrementally to match workloads involved in forming the new organization, managing contracts, and initiating customer outreach/marketing during the pre- operations period. Actual staff will be dependent upon several factors, including the ability to APPENDIX D 343 21 July 2014 recruit and hire qualified staff and personnel policies ultimately established by the Executive Officer and the Board of Directors. APPENDIX D 344 22 July 2014 CHAPTER 5 – Program Phase-In MCE will continue to phase-in the customers of its CCA Program as communicated in this Implementation Plan. To date, four phases have been successfully implemented, and a fifth phase will commence in February 2015. Phase 1. Complete: MCE Member (municipal) accounts & a subset of residential, commercial and/or industrial accounts, comprising approximately 20 percent of total customer load. Phase 2. Complete: Additional commercial and residential accounts, comprising an approximately 20 percent of total customer load (incremental addition to Phase 1). Phase 3. Complete: Remaining accounts within Marin County. Phase 4. Complete: Residential, commercial, agricultural, and street lighting accounts within the City of Richmond. Phase 5. February 2015: Residential, commercial, agricultural, and street lighting accounts within the unincorporated areas of Napa County, subject to economic and operational constraints. This approach has provided MCE with the ability to start slow, addressing any problems or unforeseen challenges on a small manageable program before gradually building to full program integration for an expected customer base of approximately 138,000 accounts, following service commencement to customers within the unincorporated areas of the County of Napa. This approach has also allowed MCE and its energy supplier(s) to address all system requirements (billing, collections, payments) under a phase-in approach to minimize potential exposure to uncertainty and financial risk by “walking” prior to ultimately “running”. MCE will offer service to all customers on a phased basis expected to be completed within twenty four to thirty six months of initial service to Phase 1 customers, which occurred on May 7, 2010. Phase 2 was implemented in August, 2011. Phase 3 of the Program began in July, 2012. Phase 4 was implemented in July, 2013 and included all residential, commercial, agricultural, and street lighting customers within the City of Richmond. Phase 5 is planned to begin in February 2015 and will include all residential, commercial, agricultural, and street lighting customers within the unincorporated areas of Napa County. The Board may evaluate other phase-in options based on then-current market conditions, statutory requirements and regulatory considerations as well as other factors potentially affecting the integration of additional customer accounts. APPENDIX D 345 23 July 2014 CHAPTER 6 - Load Forecast and Resource Plan Introduction This Chapter describes MCE’s proposed ten-year integrated resource plan, which will create a highly renewable, diversified portfolio of electricity supplies capable of meeting the electric demands of MCE’s retail customers, plus sufficient reliability reserves. This integrated resource plan reflects a progression towards MCE’s long-term, programmatic goal of 100 percent renewable energy supply. Within five years of program commencement (2015), this significant commitment to renewable resources is projected to result in MCE meeting approximately 52 percent of its total electric needs through renewable resources. As the Program moves forward, incremental renewable supply additions will be made based on resource availability as well as economic goals of the Program. MCE’s aggressive commitment to renewable generation adoption may involve both direct investment in new renewable generating resources through partnerships with experienced public power developers/operators, significant purchases of renewable energy from third party suppliers and the purchase of Renewable Energy Certificates (“RECs”) from the market. The resource plan also sets forth ambitious targets for improving customer side energy efficiency as well as for potential deployment of approximately 14 MW of new distributed solar capacity within the jurisdictional boundaries of MCE by 2019 (year ten of Program operations). The plan described in this section would accomplish the following by 2019:  Procure energy needed to offer two generation rate tariffs: 100 percent Deep Green and 50 percent (minimum) Light Green.  Increase the aggregate RPS-eligible renewable energy supply of the Program to a minimum 33 percent by 2020.  Continue increasing renewable energy supplies of the Program to approximately 52 percent by 2015 based on resource availability and economic goals of the program.  Develop partnership(s) with experienced public power developer(s) to responsibly evaluate development opportunities for Program-owned/controlled renewable generating capacity.  Achieve significant reductions in greenhouse gas emissions within the Member Agencies. MCE is responsible for complying with regulatory rules applicable to California load serving entities. MCE has arranged for the scheduling of sufficient electric supplies to meet the hour- by-hour demands of its customers. MCE has adhered to capacity reserve requirements established by the CPUC and the CAISO designed to address uncertainty in load forecasts and potential supply disruptions caused by generator outages and/or transmission contingencies. These rules also ensure that physical generation capacity is in place to serve the Program’s customers, even if there were to be a need for the Program to cease operations and return customers to PG&E. In addition, MCE is responsible for ensuring that its resource mix contains sufficient production from renewable energy resources needed to comply with the statewide APPENDIX D 346 24 July 2014 renewable portfolio standards. The resource plan will meet or exceed all of the applicable regulatory requirements related to resource adequacy and the renewable portfolio standard. Resource Plan Overview The criteria used to guide development of the proposed resource plan included the following:  Environmental responsibility and commitment to renewable resources;  Price/rate stability;  Reliability and maintenance of adequate reserves; and  Cost effectiveness. To meet these objectives and the applicable regulatory requirements, MCE’s resource plan includes a diverse mix of power purchases, renewable energy, new energy efficiency programs, demand response, and distributed generation. A diversified resource plan minimizes risk and volatility that can occur from over-reliance on a single resource type or fuel source. The ultimate goal of MCE’s resource plan is to maximize use of renewable resources subject to economic and operational constraints. The result is a resource plan that will source approximately 52 percent of MCE’s resource mix from renewable resources by 2015. The planned resource mix is initially comprised of power and renewable energy credit purchases from third party electric suppliers and, in the longer-term, may also include renewable generation assets owned and/or controlled by MCE. Eventually, MCE may begin evaluating opportunities for investment in renewable generating assets, subject to then-current market conditions, statutory requirements and regulatory considerations. Any renewable generation owned by MCE or controlled under long-term power purchase agreement with a proven public power developer, could provide a portion of MCE’s electricity requirements on a cost-of-service basis. Electricity purchased under a cost-of- service arrangement should be more cost-effective than purchasing renewable energy from third party developers, which will allow the Program to pass on cost savings to its customers through competitive generation rates. Any investment decisions will be made following thorough environmental reviews and in consultation with the Marin Communities’ financial advisors, investment bankers, attorneys, and potentially with customer input. As an alternative to direct investment, MCE may consider partnering with an experienced public power developer and enter into a long-term (20-to-30 year) power purchase agreement that would support the development of new renewable generating capacity. Such an arrangement could be structured to greatly reduce the Program’s operational risk associated with capacity ownership while providing Program customers with all renewable energy generated by the facility under contract. This option may be preferable to MCE as it works to achieve increasing levels of renewable energy supply to its customers. MCE’s resource plan will integrate supply-side resources with programs that will help customers reduce their energy costs through improved energy efficiency and other demand- side measures. As part of its integrated resource plan, MCE will actively pursue, promote and ultimately administer a variety of customer energy efficiency programs that can cost-effectively APPENDIX D 347 25 July 2014 displace supply-side resources. Included in this plan is a targeted deployment of over 14 MW of distributed solar by 2019. MCE’s proposed resource plan for the years 2010 through 2019 is summarized in the following table: Supply Requirements The starting point for MCE’s resource plan is a projection of participating customers and associated electric consumption. Projected electric consumption is evaluated on an hourly basis, and matched with resources best suited to serving the aggregate of hourly demands or the program’s “load profile”. The electric sales forecast and load profile will be affected by MCE’s plan to introduce the Program to customers in phases and the degree to which customers choose to remain with PG&E during the customer enrollment and opt-out periods. It is anticipated that MCE’s contracted energy supplier will bear a portion of the financial risks associated with deviations from the electric sales forecast during the initial operating period. It will be the obligation of this energy supplier to appropriately reflect these risks in the full requirements energy price. MCE’s phased roll-out plan and assumptions regarding customer participation rates are discussed below. Customer Participation Rates Customers will be automatically enrolled in MCE’s electricity program unless they opt-out during the customer notification process conducted during the 60-day period prior to enrollment and continuing through the 60-day period following commencement of service. MCE anticipated an overall customer participation rate of approximately 80 percent during Phase 1, when service is being offered to the service accounts that are affiliated with MCE’s participating members (municipal accounts) and a subset of residential, commercial and/or industrial customers, totaling approximately 20 percent of total customer load. The actual participation rate for Phase 1 was very similar to MCE’s projection. Participation rates for 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 MCE Demand (GWh) Retail Demand -91 -185 -570 -1,110 -1,294 -1,545 -1,582 -1,582 -1,582 -1,582 Distributed Generation 0 1 1 5 12 16 22 23 25 25 Energy Efficiency 0 0 0 6 6 4 8 12 16 16 Losses and UFE -5 -11 -34 -66 -77 -91 -93 -93 -92 -92 Total Demand -96 -196 -603 -1,166 -1,353 -1,616 -1,646 -1,640 -1,634 -1,634 MCE Supply (GWh) Renewable Resources Generation 0 0 0 0 0 0 0 219 219 219 Power Purchase Contracts 23 50 291 566 673 803 838 635 651 667 Total Renewable Resources 23 50 291 566 673 803 838 854 870 886 Conventional Resources Generation 0 0 0 0 0 0 0 0 0 0 Power Purchase Contracts 73 146 312 599 680 813 807 786 764 748 Total Conventional Resources 73 146 312 599 680 813 807 786 764 748 Total Supply 96 196 603 1,166 1,353 1,616 1,646 1,640 1,634 1,634 Energy Open Position (GWh)0 0 0 0 0 0 0 0 0 0 2010 to 2019 Marin Clean Energy Proposed Resource Plan (GWH) APPENDIX D 348 26 July 2014 Phase 2 were approximately 80 percent of bundled service customers and 0 percent of direct access customers. Participation rates for Phases 3 and 4 are projected to range from 70 percent to 80 percent, with the lower figure used as the basis for load projections contained in this plan . The participation rate is not expected to vary significantly among customer classes, in part due to the fact that MCE will offer two distinct rate tariffs that will address the needs of cost- sensitive customers within the Marin Communities as well as the needs of both residential and business customers that prefer a highly renewable energy product. The assumed participation rates will be refined as MCE’s public outreach and market research efforts continue to develop. Customer Forecast Once customers enroll in each phase, they will be switched over to service by MCE on their regularly scheduled meter read date over an approximately thirty day period. The number of accounts served by MCE at the end of each phase is shown in the table below. Marin Clean Energy Enrolled Retail Service Accounts Phase-In Period (End of Month) May-10 Aug-11 Jul-12 Jul-13 Feb-15 MCE Customers Residential 7,354 12,503 77,345 106,510 120,204 Small Commercial 522 605 8,934 11,829 13,761 Medium And Large Commercial And Industrial 57 509 949 1,269 1,555 Street Lighting & Traffic 138 141 443 748 1,014 Ag & Pump. - < 15 113 109 1,467 Total 8,071 13,759 87,814 120,465 138,001 MCE assumes that MCE customer growth will generally offset customer attrition (opt-outs) over time, resulting in a relatively stable customer base over the noted planning horizon. Because MCE is the first program of its kind within California, it is very difficult to anticipate with any precision the actual levels of customer participation within this CCA program. MCE believes that its assumptions regarding the offsetting effects of growth and attrition are reasonable in consideration of the limited build-out potential within a significant portion of MCE’s service territory and the observed rate of customer opt-outs following mandatory customer notification periods. The forecast of service accounts (customers) served by MCE for each of the referenced ten-year planning periods is shown in the following table: APPENDIX D 349 27 July 2014 Marin Clean Energy Retail Service Accounts (End of Year) 2010 to 2019 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 MCE Customers Residential 7,354 12,503 77,345 106,510 106,510 120,204 120,204 120,204 120,204 120,204 Small Commercial 522 605 8,934 11,829 11,829 13,761 13,761 13,761 13,761 13,761 Medium And Large Commercial And Industrial 57 509 979 1,269 1,269 1,555 1,555 1,555 1,555 1,555 Street Lighting & Traffic 138 141 443 748 748 1,014 1,014 1,014 1,014 1,014 Ag & Pump. - < 15 113 109 109 1,467 1,467 1,467 1,467 1,467 Total 8,071 13,759 87,814 120,465 120,465 138,001 138,001 138,001 138,001 138,001 Sales Forecast MCE’s forecast of kWh sales reflects the roll-out and customer enrollment schedule shown above. The annual electricity needed to serve MCE’s retail customers increases from approximately 200 GWh in 2011 to approximately 1,600 GWh at full roll-out, which includes planned expansion to the County of Napa. Annual energy requirements are shown below. Capacity Requirements The CPUC’s resource adequacy standards applicable to MCE require a demonstration one year in advance that MCE has secured physical capacity for 90 percent of its projected peak loads for each of the five months May through September, plus a minimum 15 percent reserve margin. On a month-ahead basis, MCE must demonstrate 100 percent of the peak load plus a minimum 15 percent reserve margin. A portion of MCE’s capacity requirements must be procured locally, from the Greater Bay area as defined by the CAISO and another portion must be procured from local reliability areas outside the Greater Bay Area. MCE must also meet requirements for flexible capacity such that a portion of MCE’s resource adequacy requirements are met from qualifying flexible resources. MCE is required to demonstrate its local and flexible capacity requirements for each month of the following calendar year. MCE must demonstrate compliance or request a waiver from the 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 MCE Energy Requirements (GWh) Retail Demand 91 185 570 1,110 1,294 1,545 1,582 1,582 1,582 1,582 Distributed Generation 0 -1 -1 -5 -12 -16 -22 -23 -25 -25 Energy Efficiency 0 0 0 -6 -6 -4 -8 -12 -16 -16 Losses and UFE 5 11 34 66 77 91 93 93 92 92 Total Load Requirement 96 196 603 1,166 1,353 1,616 1,646 1,640 1,634 1,634 2010 to 2019 Marin Clean Energy Energy Requirements (GWH) APPENDIX D 350 28 July 2014 CPUC requirement as provided for in cases where local capacity is not available. MCE complies with the forward and monthly resource adequacy requirements administered by the state regulatory agencies. MCE’s plan ensures sufficient reserves are procured to meet its peak load at all times. MCE’s annual peak capacity requirements are shown in the following table: MCE will continue to coordinate with PG&E and appropriate state agencies to manage the transition of responsibility for resource adequacy from PG&E to MCE following load migration to CCA service. For system resource adequacy requirements, MCE will make month-ahead showings for each month that MCE plans to serve load, and any load migration issues will be addressed through the CPUC’s approved procedures. MCE will work with the California Energy Commission and CPUC prior to commencing service to additional customers to ensure it meets its local, system and flexible resource adequacy obligations through its agreements with its chosen electric suppliers. Renewable Portfolio Standards Energy Requirements Basic RPS Requirements As a CCA, MCE is required by law and ensuing CPUC regulations to procure a certain minimum percentage of its retail electricity sales from qualified renewable energy resources. For purposes of determining MCE’s renewable energy requirements, the same standards for RPS compliance that are applicable to the distribution utilities are assumed to apply to MCE. California’s RPS program is currently undergoing reform. On April 12, 2011, Governor Jerry Brown signed SB x1 2, requiring public and private utilities as well as community choice aggregators to obtain 33 percent of their electricity from renewable energy sources by December 31, 2020. MCE is familiar with California’s new RPS, including certain procurement quantity 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Demand (MW) Retail Demand 28 46 182 233 233 286 286 286 286 286 Distributed Generation (0) (1) (4) (8) (11) (15) (15) (17) (17) (17) Energy Efficiency - - - (1) (1) (1) (2) (3) (3) (3) Losses and UFE 2 3 11 13 13 16 16 16 16 16 Total Net Peak Demand 30 47 189 237 235 287 285 283 282 282 Reserve Requirement (%)15% 15% 15% 15% 15% 15% 15% 15% 15% 15% Capacity Reserve Requirement 4 7 28 36 35 43 43 42 42 42 Capacity Requirement Including Reserve 34 55 218 273 270 330 328 325 324 324 2010 to 2019 Marin Clean Energy Capacity Requirements (MW) APPENDIX D 351 29 July 2014 requirements identified in D.11-12-020 (December 1, 2011). To date, MCE has significantly exceeded California’s RPS, providing MCE customers with over 29 percent RPS-eligible renewable energy delivered to MCE customers in 2012. A similar renewable energy percentage, approximating 28.7 percent, was supplied to MCE customers in 2013. MCE’s Renewable Portfolio Standards Requirement MCE’s annual RPS requirements are shown in the table below. When reviewing this table, it is important to note that MCE projects increases in energy efficiency savings as well as increases in locally situated distributed generation capacity (an additional 14 MW by 2019), resulting in a slight downward trend in projected retail electricity sales. Based on planned renewable energy procurement objectives, MCE anticipates that it will significantly exceed the minimum RPS requirements as shown below. Resources MCE has begun evaluating opportunities for future investment in renewable generating assets. Such opportunities will be evaluated on a case by case basis in consideration of resource location, market conditions, statutory requirements and regulatory considerations. Any renewable generation owned by MCE or controlled under long-term power purchase agreement with a proven public power developer, could provide a portion of MCE’s electricity 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Retail Sales 91,219 185,493 570,144 1,110,487 1,293,681 1,544,971 1,581,999 1,581,999 1,581,999 1,581,999 Baseline - 18,244 37,099 114,029 222,097 280,729 359,978 395,500 427,140 458,780 Incremental Procurement Target 18,244 18,855 76,930 108,069 58,631 79,249 35,522 31,640 31,640 31,640 Annual Procurement Target 18,244 37,099 114,029 222,097 280,729 359,978 395,500 427,140 458,780 490,420 % of Current Year Retail Sales 20% 20% 20% 20% 22% 23% 25% 27% 29% 31% 2010 to 2019 Marin Clean Energy RPS Requirements (MWH) 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Retail Sales (MWh)91,219 185,493 570,144 1,110,487 1,293,681 1,544,971 1,581,999 1,581,999 1,581,999 1,581,999 Annual RPS Target (Minimum MWh) 18,244 37,099 114,029 222,097 280,729 359,978 395,500 427,140 458,780 490,420 Program Target (% of Retail Sales)25% 27% 51% 51% 52% 52% 53% 54% 55% 56% Program Renewable Target (MWh)22,805 50,083 290,773 566,348 672,714 803,385 838,459 854,279 870,099 885,919 Surplus In Excess of RPS (MWh)4,561 12,984 176,745 344,251 391,985 443,407 442,960 427,140 411,320 395,500 Annual Increase (MWh)22,805 27,278 240,690 275,575 106,366 130,671 35,075 15,820 15,820 15,820 2010 to 2019 Marin Clean Energy RPS Requirements and Program Renewable Energy Targets (MWH) APPENDIX D 352 30 July 2014 requirements on a cost-of-service basis. Electricity purchased under a cost-of-service arrangement should be more cost-effective than purchasing renewable energy from third party developers, which will allow the Program to pass on cost savings to its customers through competitive generation rates. Any investment decisions will be made following thorough environmental reviews and in consultation with MCE’s financial advisors, investment bankers, attorneys, and potentially with customer input. As an alternative to direct investment, MCE may consider partnering with an experienced public power developer and enter into a long-term (20-to-30 year) power purchase agreement that would support the development of new renewable generating capacity. Such an arrangement could be structured to greatly reduce the Program’s operational risk associated with capacity ownership while providing Program customers with all renewable energy generated by the facility under contract. This option may be preferable to MCE as it works to achieve increasing levels of renewable energy supply to its customers. Purchased Power Power purchased from utilities, power marketers, public agencies, and/or generators will likely be the predominant source of supply from 2010 to 2015 (MCE may consider the development of certain renewable energy projects, subject to Board approval, which may supply electric generation to MCE customers as soon as January 2016) and may still remain a significant source of power in the event that MCE considers the development of its own renewable generation assets. During the period from 2010 – 2016, MCE plans to contract with SENA for a substantial portion of its electricity needs under a full requirements power supply agreement, and SENA will be responsible for procuring a mix of power purchase contracts, including specified renewable energy targets, to provide a stable and cost-effective resource portfolio for the Program. Deliveries under this agreement have been supplemented with purchases of other energy products from qualified renewable project developers, asset owners and power marketers. Based on terms established in this third-party contract, MCE will continue to substitute electric energy generated by MCE-owned/controlled renewable resources for contract quantities in the event that such resources become operational during the delivery period. Renewable Resources MCE will initially secure necessary renewable power supply from SENA. MCE has supplemented the renewable energy provided under the initial full requirements contract with direct purchases of renewable energy from renewable energy facilities. For planning purposes, MCE should anticipate procurement from the following types of large scale renewable resources in the near to midterm, which would require little or no transmission expansion to ensure deliverability:  Local resources (solar, wind, biogas, biomass);  Wind resources in Solano County;  Existing Qualifying Facilities with expiring PG&E contracts;  Expansion and re-powering of wind resources in Alameda County;  Geothermal in Lake and Sonoma Counties;  Local biomass projects; and APPENDIX D 353 31 July 2014  Renewable Energy Certificates. Medium and Long-Term Renewable Potential For mid and long term planning purposes, MCE should anticipate procurement from the following types of large scale renewable resources3:  Wind imports from the Tehachapi Area;  Wind imports from the Pacific Northwest;  Geothermal imports from Nevada;  Geothermal imports from the Imperial Valley;  Photovoltaic solar imports from California’s Central Valley; and  Solar CSP imports from Southern California (Riverside and San Bernardino Counties). Although this resource plan identifies likely resource types and locations, it is not possible to predict what projects might be proposed in response to MCE’s future solicitations for renewable energy or that may stem from discussions with other public agencies. Renewable projects that are located virtually anywhere in the Western Interconnection can be considered as long as the electricity is deliverable to the CAISO control area, as required to meet the Commission’s RPS rules and any additional guidelines ultimately adopted by MCE’s Board of Directors. The costs of transmission access and the risk of transmission congestion costs would need to be considered in the bid evaluation process if the delivery point is outside of MCE’s load zone, as defined by the CAISO. Energy Efficiency This section addresses the treatment of energy efficiency as a component of MCE’s integrated resource plan. As described below there are opportunities for significant cost effective energy efficiency programs within the region, and MCE will seek to maximize end-use customer energy efficiency to the greatest extent practical. MCE first received funding to implement energy efficiency programs through the ‘elect to administer’ portion of the Public Utilities Code (section 381.1 e-f), wherein MCE has the authority to collect funds which have already been collected from MCE customers to support an energy efficiency plan that complies with the legislative intent. MCE submitted a plan for the use of 2012 program funding, focusing exclusively on multi-family customers; this plan was certified by the Commission in August, 2012.4 On a parallel track, MCE submitted an application to administer funds as an independent program administrator, an option which was clarified by SB 790 (2011) and reinforced in a recent CPUC Decision on CCA and Energy Efficiency5. This suite of programs offers energy efficiency services for multi-family, small commercial and single family sectors with financing 3 In the long term, new technologies such as wave or tidal energy may become economically feasible as well. 4 Resolution E-4815 California Public Utilities Commission. August 23, 2012. 5 Decision 14-01-033. Decision Enabling Community Choice Aggregators to Administer Energy Efficiency Programs. January 16, 2014. APPENDIX D 354 32 July 2014 programs available to support all programs. MCE plans to grow the energy efficiency and local program department over time. Baseline Energy Efficiency Potential Estimates The National Action Plan for Energy Efficiency states among its key findings “consistently funded, well-designed efficiency programs are cutting annual savings for a given program year of 0.15 to 1 percent of energy sales.”6 The American Council for an Energy-Efficient Economy (ACEEE) reports for states already operating substantial energy efficiency programs energy efficiency goals of one percent, as a percentage of energy sales, is a reasonable level to target.7 Forecast achievable energy efficiency equal to one percent of the CCA’s forecast energy sales, as indicated in the table below, appears to be a reasonable and conservative baseline for the demand-side portion of CCA’s resource plan. Targeted program savings would be in addition to the savings achieved by PG&E administered programs. CCA Program Energy Efficiency Goals The Program’s energy efficiency goals reflect a strong commitment to increa sing energy efficiency within the County and expanding beyond the savings achieved by PG&E’s programs. MCE’s goal is to increase annual savings through energy efficiency programs to two percent (combined MCE and PG&E programs) of annualized electric sales, as has been adopted by the State of New York, by the end of 2018. Achieving this goal would mean at least a doubling of energy savings relative to the status quo situation without the CCA program. MCE programs will focus on closing the gap between the vast economic potential of energy efficiency within MCE’s service territory and what is actually achieved, while designing programs based on community input that align with MCE’s mission statement. The following table summarizes the estimated energy efficiency potential for each type of energy efficiency initiative:8 6 National Action Plan for Energy Efficiency, July 2006, Section 6: Energy Efficiency Program Best Practices (pages 5- 6) 7 Energy Efficiency Resource Standards: Experience and Recommendations, Steve Nadel, March 2006, ACEEE Report E063 (pages 28 - 30). 8 California Energy Efficiency Potential Study Volume 1, California Measurement Advisory Council (CALMAC) Study ID: PGE0211.01, May 24, 2006, Figure 12-2: Distribution of Electric Energy Market Potential, Existing Incentive Levels through 2016. 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 MCE Retail Demand 91 185 570 1,110 1,294 1,545 1,582 1,582 1,582 1,582 MCE Energy Efficiency Goal 0 0 0 -6 -6 -4 -8 -12 -16 -16 Energy Efficiency Savings Goals (GWH) 2010 to 2019 Marin Clean Energy APPENDIX D 355 33 July 2014 California Energy Efficiency Market Potential EXISTING RESIDENTIAL 53.0% Existing Commercial 18.0% Existing Industrial 14.0% Residential New Construction 1.0% Commercial New Construction 6.0% Industrial New Construction 1.0% Emerging Technologies 7.0% The retrofit of existing buildings represents 85 percent of the total forecast energy efficiency market potential. Studies show that the residential customer sector presents the largest untapped efficiency gains. MCE has ramped up the Energy Efficiency department since the first funding authorization in late 2012. MCE’s energy efficiency department continues to refine energy savings estimates and develop portfolios in line with customer expectations and local patterns of energy use. Additional details of MCE’s energy efficiency plans are set forth in a separate planning document.9 Demand Response Demand response programs provide incentives to customers to reduce demand upon request by the load serving entity (i.e., MCE), reducing the amount of generation capacity that must be maintained as infrequently used reserves. Demand response programs can be cost effective alternatives to capacity otherwise needed to comply with the resource adequacy requirements. The programs also provide rate benefits to customers who have the flexibility to reduce or shift consumption for relatively short periods of time when generation capacity is most scarce. Like energy efficiency, demand response can be a win/win proposition, providing economic benefits to the electric supplier and customer service benefits to the customer. In its ruling on local resource adequacy, the CPUC found that dispatchable demand response resources as well as distributed generation resources should be allowed to count for local capacity requirements. MCE has launched several small scale pilots to explore the possibilities for local DR programs. This resource plan anticipates that MCE’s demand response programs would partially offset its local capacity requirements beginning in 2016. PG&E offers several demand response programs to its customers, and MCE intends to recruit those customers that have shown a willingness to participate in utility programs into MCE’s demand response programs.10 The goal for this resource plan is to meet 5 percent of the Program’s total capacity requirements (by 2018) through dispatchable demand response 9 Marin Energy Authority’s Proposal to Administer Energy Efficiency Programs Pursuant to Public Utilities Code 381.1(e) and (f) for 2012, June 22, 2012. 10 These utility programs include the Base Interruptible Program (E-BIP), the Demand Bidding Program (E-DBP), Critical Peak Pricing (E-CPP), Optional Binding Mandatory Curtailment Plan (E-OBMC), the Scheduled Load Reduction Program (E-SLRP), and the Capacity Bidding Program (E-CBP). MCE has started to develop and implement its own demand response programs on a pilot basis. APPENDIX D 356 34 July 2014 programs that qualify to meet local resource adequacy requirements. This goal translates into approximately 13 MW of peak demand enrolled in MCE’s demand response programs. Achievement of this goal would displace approximately 32 percent of MCE’s local capacity requirement within the Greater Bay Area. MCE’s initial DR pilots offer the opportunity to explore DR programs and develop administrative capabilities related to this component of the MCE service offering. MCE plans to leverage experiences and lessons learned from these initial pilots to develop a demand response program that enables it to request customer demand reductions during times when capacity is in short supply or spot market energy costs are exceptionally high. The level of customer payments should be related to the cost of local capacity that can be avoided as a result of the customer’s willingness to curtail usage upon request. Appropriate limits on customer curtailments, both in terms of the length of individual curtailments and the total number of curtailment hours that can be called should be included in MCE’s demand response program design. It will also be important to establish a reasonable measurement protocol for customer performance of its curtailment obligations. Performance measurement should include establishing a customer specific baseline of usage prior to the curtailment request from which demand reductions can be measured. MCE will likely utilize experienced third party contractors to design, implement and administer its demand response programs. Distributed Generation Consistent with MCE’s environmental policies and the state’s Energy Action Plan, clean distributed generation is a significant component of the integrated resource plan. MCE will work with state agencies and PG&E to promote deployment of photovoltaic (PV) systems within MCE’s jurisdiction, with the goal of maximizing use of the available incentives that are funded through current utility distribution rates and public goods surcharges. MCE has also implemented an aggressive net energy metering program to promote local investment in distributed generation. There are significant associated environmental benefits and strong customer interest in distributed PV systems. The economics of PV should improve over time as utility rates continue to increase and the costs of the systems decline with technological improvements and added manufacturing capacity. MCE can also promote distributed PV without providing direct financial assistance by being a source of unbiased consumer information and by facilitating customer purchases of PV systems through established networks of pre-qualified vendors. It may also provide direct financial incentives from revenues funded by customer rates to further support use of solar power within the Marin Communities. As previously noted, MCE has 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Total Capacity Requirement (MW)34 55 218 273 270 330 328 325 324 324 Demand Response Target - - - - - - 4 12 16 16 Percentage of Local Capacity Requirment 0% 0% 0% 0% 0% 0% 8% 24% 32% 32% Marin Clean Energy Demand Response Goals (MW) 2010 to 2019 APPENDIX D 357 35 July 2014 provided direct incentives for PV by offering an aggressive net metering rate to customers who install PV systems so that customers are able to sell excess energy to MCE. MCE’s CCA customers will contribute funds to the California Solar Initiative (CSI) through the public goods charge collected by PG&E, and will be eligible for the incentives provided under that program for installation of PV systems. The California Solar Initiative provides $2.2 billion of funding to target installation of 1,940 MW of solar systems within the investor owned utility service areas by 2017. All electric customers of PG&E, SCE, and SDG&E are eligible to apply for incentives. Approximately 44 percent of program funding is allocated to the PG&E service territory. Assuming solar deployment would be proportionate to funding, the program is intended to yield approximately 775 MW of solar within the PG&E service area. A minimum of 17 MW should be deployed within the service territory of MCE. MCE will work to ensure that customers within its jurisdiction take full advantage of this solar incentive and will develop programs of its own with the goal of doubling the CSI deployment targets shown above. 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 IOU Territory Target (MW)705 882 1,058 1,235 1,411 1,587 1,764 1,940 1,940 1,940 Total Funding ($Millions)240 240 240 160 160 160 5 0 0 0 PG&E Funding ($Millions)105 105 105 70 70 70 2 0 0 0 PG&E Incentives Share 44% 44% 44% 44% 44% 44% 40% 40% 40% 40% PG&E Area Deployment (MW)309 386 463 540 617 694 705 776 776 776 MCE Share of PG&E Load 0.1% 0.3% 0.8% 1.5% 1.8% 2.1% 2.1% 2.1% 2.1% 2.1% MCE Solar Deployment (MW)0 1 4 8 11 15 15 17 17 17 California Solar Initiative Deployment APPENDIX D 358 36 July 2014 CHAPTER 7 – Financial Plan This Chapter examines the monthly cash flows expected during the phase-in period of the CCA Program and identifies the anticipated financing requirements for the overall CCA Program by MCE. It also describes the requirements for working capital and long-term financing for the potential investment in renewable generation, consistent with the resource plan contained in Chapter 6. Description of Cash Flow Analysis This cash flow analysis estimates the level of working capital that will be required during the phase-in period. In general, the components of the cash flow analysis can be summarized into two distinct categories: (1) Cost of CCA Program Operations, and (2) Revenues from CCA Program Operations. The cash flow analysis identifies and provides monthly estimates for each of these two categories. A key aspect of the cash flow analysis is to focus primarily on the monthly costs and revenues associated with the CCA Program phase-in period, and specifically account for the transition or “Phase-In” of CCA Customers from PG&E’s service territory described in Chapter 5. Cost of CCA Program Operations The first category of the cash flow analysis is the Cost of CCA Program Operations. To estimate the overall costs associated with CCA Program Operations, the following components were taken into consideration:  Electricity Procurement;  Ancillary Service Requirements;  Exit Fees;  Staffing Requirements;  Contractor Costs;  Infrastructure Requirements;  Billing Costs;  Scheduling Coordination;  Grid Management Charges;  CCA Bond Premiums;  Interest Expense; and  Franchise Fees. The focus of this cash flow analysis is during the phase-in period. Revenues from CCA Program Operations The cash flow analysis also provides estimates for revenues generated from CCA operations or from electricity sales to customers. In determining the level of revenues, the cash flow analysis assumes the customer phase-in schedule noted above, and assumes that MCE’s CCA Program provides a Light Green Tariff at comparable generation rates to those of the existing distribution utility for each customer class and a 100 percent Green Tariff at a premium reflective of APPENDIX D 359 37 July 2014 incremental renewable power costs. A third service option, which is planned to begin serving customers during the 2015 calendar year, is Sol Shares. The voluntary Sol Shares service option will supply participating customers with 100 percent locally generated solar electricity – MCE is currently accepting enrollments in the Sol Shares program. Over time, MCE’s preference for renewable energy will significantly reduce its exposure to volatile input costs (fuel – natural gas) associated with natural gas-fired generation, which are expected to increase steadily, and potentially significantly, for the foreseeable future. Because a significant portion of MCE’s power supply will be from renewable energy sources, upward price pressures on its power supply should be significantly reduced over long-term operations. Projected long-term cost savings can be passed on to Program customers in the form of lower generation rates or can be applied to the procurement of additional renewable energy supplies (moving the program’s renewable energy supply closer to its 100 percent goal), energy efficiency programs or other energy/climate initiatives within the scope of broad-based powers established for MCE. Ultimately, MCE will have flexibility when making these decisions and can respond to the evolving needs of local residents and businesses when developing rate tariffs and energy/climate-focused programs. Cash Flow Analysis Results The results of the cash flow analysis provide an estimate of the level of working capital required for MCE to move through the CCA phase-in period. This estimated level of working capital is determined by examining the monthly cumulative net cash flows (revenues from CCA operations minus cost of CCA operations) based on assumptions for payment of costs by MCE, along with an assumption for when customer payments will be received. This identifies, on a monthly basis, what level of cash flow is available in terms of a surplus or deficit. With the assumptions regarding payment streams, the cash flow analysis identifies funding requirements while recognizing the potential lag between payments received and payments made during the phase-in period. The estimated financing requirements for the phase-in period, including working capital, based on the phase-in of customers as described above is approximately $3 million. Working capital requirements reach this peak immediately after enrollment of the Phase 3 customers. CCA Program Implementation Feasibility Analysis In addition to developing a cash flow analysis which estimates the level of working capital required to get MCE through full CCA phase-in, a summary analysis that evaluates the feasibility of the CCA program during the phase-in period has been prepared. The difference between the cash flow analysis and the CCA feasibility analysis is that the feasibility analysis does not include a lag associated with payment streams. In essence, costs and revenues are reflected in the month in which service is provided. All other items, such as costs associated with CCA Program operations and rates charged to customers remain the same. The results of the feasibility analysis are shown in the following table. Under these assumptions, over the entire phase-in period the CCA program is projected to accrue a reserve account balance of approximately $17 million. APPENDIX D 360 38 July 2014 The surpluses achieved during the phase-in period serve as operating reserves for MCE in the event that operating costs (such as power purchase costs) exceed collected revenues for short periods of time. Marin Clean Energy Financings It is anticipated that three financings may be necessary in support of the CCA Program. The anticipated financings are listed below and discussed in greater detail. CCA Program Start-up and Working Capital (Phases 1 and 2) As previously discussed, the start-up and working capital requirements for the CCA Program were approximately $2 million. These costs are currently being recovered from retail customers through retail rates. CCA Program Working Capital (Phase 3) Working capital for Phase 3 was $3 million financed through a short term credit agreement from a commercial bank. CCA Program Working Capital (Phase 4) MCE utilized existing, internally generated funds to cover costs associated with the Phase 4 customer expansion. CATEGORY 2010 2011 2012 2013 2014 2015 I. REVENUES FROM OPERATIONS ($) ELECTRIC SALES REVENUE 10,610,804 16,454,790 44,052,111 79,097,747 100,075,912 125,116,985 LESS UNCOLLECTIBLE ACCOUNTS (21,453) (102,807) (220,261) (395,489) (500,380) (625,585) TOTAL REVENUES 10,589,351 16,351,983 43,831,851 78,702,259 99,575,532 124,491,400 II. COST OF OPERATIONS ($) (A) ADMINISTRATIVE AND GENERAL (A&G) STAFFING 321,117 430,659 1,077,759 1,386,303 1,825,000 1,993,875 CONTRACT SERVICES 1,035,333 848,063 3,131,840 4,457,964 4,611,420 4,898,007 IOU FEES (INCLUDING BILLING)19,548 60,794 287,618 584,729 660,114 745,569 OTHER A&G 191,261 189,204 249,729 302,806 373,125 398,084 SUBTOTAL A&G 1,567,259 1,528,720 4,746,946 6,731,802 7,469,659 8,035,535 (B) COST OF ENERGY 7,418,662 11,881,494 35,566,066 69,037,682 85,826,553 111,605,979 (C) DEBT SERVICE 654,595 394,777 747,729 1,195,162 1,195,162 1,151,494 TOTAL COST OF OPERATION 9,640,516 13,804,991 41,060,742 76,964,646 94,491,374 120,793,009 CCA PROGRAM SURPLUS/(DEFICIT)948,835 2,546,992 2,771,109 1,737,613 5,084,158 3,698,392 Marin Clean Energy Summary of CCA Program Phase-In (January 2010 through December 2015) APPENDIX D 361 39 July 2014 CCA Program Working Capital (Phase 5) MCE anticipates it will have sufficient internally generated funds to fund the Phase 5 customer expansion. If additional funds are required, a short term credit agreement would be used to support the expansion. Renewable Resource Project Financing MCE’s CCA Program may consider large project financings for renewable resources (likely wind, solar, biomass or geothermal), which may total as much as $375 million (combined). These financings would only occur after a sustained period of successful Program operation and after appropriate project opportunities are identified and subjected to appropriate environmental review. Such financing would likely occur after several successful years of operating history have been observed and following MCE’s receipt of an institutional credit rating. In the event that such financing becomes necessary, funds would include any short-term financing for the renewable resource project development costs, and would extend over a 20- to 30-year term. The security for such bonds would likely be a hybrid of the revenue from sales to the retail customers of MCE, including a Termination Fee as described in Chapter 9, and the renewable resource project itself. The following table summarizes the potential financings in support of the CCA Program: Proposed Financing Estimated Total Amount Estimated Term Estimated Issuance Start-Up and Working Capital $2 million No longer than 7 years Early 2010 Working Capital Phase 3 $3 million No longer than 5 years Mid 2012 Potential Renewable Resource Project Financings $375 million (aggregate) 20 to 30 years Undetermined APPENDIX D 362 40 July 2014 CHAPTER 8 - Ratesetting and Program Terms and Conditions Introduction This Chapter describes MCE’s rate setting policies for electric aggregation services. These include policies regarding rate design, objectives, and provision for due process in setting Program rates. Program rates are ultimately approved by the Board. The Board would retain authority to modify program policies from time to time at its discretion. Rate Policies MCE has established rates sufficient to recover all costs related to operation of the program, including any reserves that may be required as a condition of financing and other discretionary reserve funds that may be approved by the Board of Directors. As a general policy, rates will be uniform for all similarly situated customers enrolled in the Program throughout the service area of MCE, comprised of the jurisdictional boundaries of its members. The primary objectives of the ratesetting plan are to set rates that achieve the following:  100 percent renewable energy supply option – Deep Green Tariff;  100 percent local solar energy supply option – Sol Shares Tariff  Rate competitive tariff option – Light Green Tariff (at 50 percent renewable energy);  Rate stability;  Equity among customers in each tariff;  Customer understanding; and  Revenue sufficiency. Each of these objectives is described below. Rate Competitiveness The goal is to offer competitive rates for the electric services MCE provides to participating customers. For Deep Green participants, the goal is to offer the lowest possible customer rates with an incremental monthly cost premium of approximately 10 percent. For Sol Shares customers, the goal is to offer rates that are generally reflective of local, small utility scale solar development costs, which will initially relate to prices paid under MCE’s Feed-In Tariff. Competitive rates will be critical to attracting and retaining key customers. As discussed above, the principal long-term Program goal is to achieve 100 percent renewable energy supply subject to economic and operating constraints. As previously discussed, the Program will significantly increase renewable energy supply to Program customers, relative to the incumbent utility, by offering two distinct rate tariffs. The default tariff for Program customers will be the Light Green service option, which will maximize renewable energy supply (minimum 50 percent) while maintaining competitive generation rates to those currently offered by PG&E. MCE will also offer its customers a voluntary Deep Green Tariff, which will supply participating APPENDIX D 363 41 July 2014 customers with 100 percent renewable energy supply at rates that reflect the Program’s cost for procuring necessary energy supplies. As previously noted, MCE will be offering a third service option, Sol Shares, which is planned to begin serving customers during the 2015 calendar year. The voluntary Sol Shares service option will supply participating customers with 100 percent locally generated solar electricity – MCE is currently accepting enrollments in the Sol Shares program. As previously suggested, the default tariff for Program customers will be the Light Green Tariff. Consistent with this MCE policy, participating qualified low- or fixed-income households, such as those currently enrolled in the California Alternate Rates for Energy (CARE) program, will be automatically enrolled in the Light Green Tariff and will continue to receive related discounts on monthly electricity bills. Based on projected participation in each tariff, the amount of renewable energy supplied to Program customers as a percentage of the Program’s total energy requirements is projected to approximate 52 percent in 2015. Rate Stability MCE will offer stable rates by hedging its supply costs over multiple time horizons. Rate stability considerations may mean that program rates relative to PG&E’s may differ at any point in time from the general rate targets set for the Program. Although MCE’s rates will be stabilized through execution of appropriate price hedging strategies, the distribution utility’s rates can fluctuate significantly from year-to-year based on energy market conditions such as natural gas prices, the utilities’ hedging strategies, and hydro-electric conditions; and from rate impacts caused by periodic additions of generation to utility rate base. MCE will have more flexibility in procurement and ratesetting than PG&E to stabilize electricity costs for customers. Equity among Customer Classes MCE’s policy will be to provide rate benefits to all customer classes relative to the rates that would otherwise be paid to the local distribution utility. Rate differences among customer classes will reflect the rates charged by the local distribution utility as well as differences in the costs of providing service to each class. Rate benefits may also vary among customers within the major customer class categories, depending upon the specific rate designs adopted by the Board of Directors. Customer Understanding The goal of customer understanding involves rate designs that are relatively straightforward so that customers can readily understand how their bills are calculated. This not only minimizes customer confusion and dissatisfaction but will also result in fewer billing inquiries to MCE’s customer service call center. Customer understanding also requires rate structures to make sense (i.e., there should not be differences in rates that are not justified by costs or by other policies such as providing incentives for conservation). Revenue Sufficiency MCE’s rates must collect sufficient revenue from participating customers to fully fund MCE’s annual budget. Rates will be set to collect the adopted budget based on a forecast of electric APPENDIX D 364 42 July 2014 sales for the budget year. Rates will be adjusted as necessary to maintain the ability to fully recover all of MCE’s costs, subject to the disclosure and due process policies described later in this chapter. Rate Design MCE will generally match the rate structures from the utilities’ standard rates to avoid the possibility that customers would see significantly different bill impacts as a result of changes in rate structures when beginning service in MCE’s program. MCE may also introduce new rate options for customers, such as rates designed to encourage economic expansion or business retention within MCE’s service area. Net Energy Metering Customers with on-site generation eligible for net metering from PG&E will be offered a net energy metering rate from MCE. Net energy metering allows for customers with certain qualified solar or wind distributed generation to be billed on the basis of their net energy consumption. The PG&E net metering tariff (E-NEM) requires the CCA to offer a net energy metering tariff in order for the customer to continue to be eligible for service on Schedule E- NEM. The objective is that MCE’s net energy metering tariff will apply to the generation component of the bill, and the PG&E net energy metering tariff will apply to the utility’s portion of the bill. MCE will pay customers for excess power produced from net energy metered generation systems in accordance with the rate designs adopted by the MCE Board. Disclosure and Due Process in Setting Rates and Allocating Costs among Participants The Executive Officer, with support of appropriate staff, advisors and committees, will prepare an annual budget and corresponding customer rates and submit these as an application for a change in rates to the Board of Directors. The rates will be approved at a public meeting of the Board of Directors no sooner than thirty one (31) days following public posting of the proposed rates (which shall occur on MCE’s website) - during this thirty one-day review period, affected customers will be able to provide comment on the proposed rate changes. MCE will initially adopt customer noticing requirements similar to those the CPUC requires of PG&E. These notice requirements are described as follows: Notice of rate changes will be published at least once in a newspaper of general circulation within the respective jurisdictions of MCE’s Member Agencies. This notice will be published within ten days of MCE’s public posting of the subject rate change. Such notice will state that a copy of said application and related exhibits may be examined at the offices of MCE and shall include the locations of such offices MCE will furnish notice of its application to its customers affected by the proposed increase, either by including such notice as an on-bill message with the regular bill for charges transmitted to such customers or by mailing such notice postage prepaid to such customers. APPENDIX D 365 43 July 2014 The notice will state the amount of the proposed increase expressed in percentage terms, a brief statement of the reasons the increase is required or sought, and the mailing address of MCE to which any customer inquiries relative to the proposed increase, including a request by the customer to receive notice of the date, time, and place of any hearing on the application, may be directed. APPENDIX D 366 44 July 2014 CHAPTER 9 – Customer Rights and Responsibilities This chapter discusses customer rights, including the right to opt-out of the CCA Program and the right to privacy of customer energy usage information, as well as obligations customers undertake upon agreement to enroll in the CCA Program. All customers that do not opt out within 30 days of the fourth opt-out notice will have agreed to become full status program participants and must adhere to the obligations set forth below, as may be modified and expanded by the MCE Board from time to time. By adopting this Implementation Plan, the MCE Board approved the customer rights and responsibilities policies contained herein to be effective at Program initiation. The Board retains authority to modify program policies from time to time at its discretion. Customer Notices As part of the customer enrollment process, at least four notices will be provided to customers describing the Program, informing them of their opt-out rights to remain with utility bundled generation service, and containing a simple mechanism for exercising their opt-out rights. MCE will mail at least two written notices to customers, beginning at least two calendar months, or sixty days, in advance of the date of commencing automatic enrollment. MCE will likely use its own mailing service for requisite opt-out notices rather than including the notices in PG&E’s monthly bills. This is intended to increase the likelihood that customers will read the opt-out notices, which may otherwise be ignored if included as a bill insert. Customers may opt out by notifying MCE using MCE’s designated, telephone-based opt out processing service. Should customers choose to initiate an opt-out request by contacting PG&E, they will be transferred to MCE’s call center to complete the opt-out request. Consistent with CPUC regulations, notices returned as undelivered mail would be treated as a failure to opt out, and the customer would be automatically enrolled. Following automatic enrollment, at least two notices will be mailed to customers within the first two calendar months, or sixty days, of service. Opt-out requests made on or before the sixtieth day following start of MCE service would result in customer transfer to bundled utility service with no penalty. Such customers will be obligated to pay MCE’s charges for electric services provided during the time the customer took service from the Program, but will otherwise not be subject to any penalty or transfer fee from MCE. New customers who establish service within the Program service area will be automatically enrolled in the Program. Such customers will be mailed two opt-out notices within two calendar months, or sixty-days, of enrollment. MCE’s Board of Directors will have the authority to implement entry fees for customers that initially opt out of the Program, but later decide to participate. Entry fees, if deemed necessary, would help prevent potential gaming, particularly by large customers, and aid in resource planning by providing additional control over the Program’s customer base. Entry fees would not be practical to administer, nor would they be necessary, for residential and other small customers. APPENDIX D 367 45 July 2014 Termination Fee Customers that are automatically enrolled in the Program can elect to transfer back to the incumbent utility without penalty within the first two months of service. After this free opt-out period, customers will be allowed to terminate their participation subject to payment of a Termination Fee. The Termination Fee may apply to all Program customers that elect to return to bundled utility service or elect to take “direct access” service from an energy services provider. Program customers that relocate within the Program’s service territory would have their CCA service continued at the new address. If a customer relocating to an address within the Program service territory elected to cancel CCA service, the Termination Fee may apply. Program customers that move out of the Program’s service territory would not be subject to the Program’s Termination Fee. The Termination Fee will consist of two parts: an Administrative Fee set to recover the costs of processing the customer transfer and other administrative or termination costs and a Cost Recovery Charge (“CRC”) that would apply in the event MCE is unable to recover the costs of supply commitments attributable to the customer that is terminating service. PG&E will collect the Administrative Fee from returning customers as part of the final bill to the customer from the CCA Program and will collect the CRC as a lump sum or on a monthly basis pursuant to a negotiated servicing agreement between MCE and PG&E. The Administrative Fee would vary by customer class as set forth in the table below. Administrative Fee for Service Termination Customer Class Fee Residential $5 Non-Residential $25 The customer CRC will be equal to a pro rata share of any above market costs of MCE’s actual or planned supply portfolio at the time the customer terminates service. The proposed CRC is similar in concept to the Cost Responsibility Surcharge charged by PG&E, and it is designed to prevent shifting of costs to remaining Program customers. The CRC will be set on an annual basis by MCE’s Governing Board as part of the annual ratemaking process. At this time, MCE’s CRC is set to zero. If customers terminate service, MCE anticipates it will re-market the excess supply and recover all or the majority of its costs. Depending upon market conditions, the CRC may not be needed for recovery of stranded costs. However, MCE’s ability to assess a Cost Recovery Charge, if necessary, can be an important condition for obtaining financing for MCE’s power supply. The low cost financing will, in turn, enable MCE to charge rates that are competitive with PG&E’s. The Termination Fee will be clearly disclosed in the four opt-out notices sent to customers during the sixty-day period before automatic enrollment and following commencement of APPENDIX D 368 46 July 2014 service. The fee could be changed prospectively by MCE’s Board of Directors, subject to MCE’s customer noticing requirements. As previously noted, customers that opt-out during the statutorily mandated notification period will not pay the Termination Fee that may be imposed by MCE. Customers electing to terminate service after the initial notification period that provided them with at least four opt-out notices would be transferred to PG&E on their next regularly scheduled meter read date if the termination notice is received a minimum of fifteen days prior to that date. Customers who voluntarily transfer back to PG&E after the initial notification period that provided them with at least four opt-out notices would also be liable for the nominal reentry fees imposed by PG&E as set forth in the applicable utility CCA tariffs. Such customers would also be required to remain on bundled utility service for a period of one year, as described in the utility tariffs. Customer Confidentiality MCE has established policies covering confidentiality of customer data. These policies are fully compliant with the California Public Utility Commission’s required privacy protection rules for CCA customer energy usage information detailed within Decision D.12-08-045. MCE’s policies will maintain confidentiality of individual customer data. Confidential data includes individual customers’ name, service address, billing address, telephone number, account number and electricity consumption. Aggregate data may be released at MCE’s discretion or as required by law or regulation. Responsibility for Payment Customers will be obligated to pay MCE charges for service provided through the date of transfer including any applicable Termination Fees. Pursuant to current CPUC regulations, MCE will not be able to direct that electricity service be shut off for failure to pay MCE’s bill. However, PG&E has the right to shut off electricity to customers for failure to pay electricity bills, and Rule 23 mandates that partial payments are to be allocated pro rata between PG&E and the CCA. In most circumstances, customers would be returned to utility service for failure to pay bills in full and customer deposits would be withheld in the case of unpaid bills. PG&E would attempt to collect any outstanding balance from customers in accordance with Rule 23 and the related CCA Service Agreement. The proposed process is for two late payment notices to be provided to the customer within 30 days of the original bill due date. If payment is not received within 45 days from the original due date, service would be transferred to the utility on the next regular meter read date, unless alternative payment arrangements have been made. Consistent with the CCA tariffs, Rule 23, service cannot be discontinued to a residential customer for a disputed amount if that customer has filed a complaint with the CPUC, and that customer has paid the disputed amount into an escrow account. Customer Deposits Customers may be required to post a deposit equal to two months’ estimated bills for MCE’s charges to obtain service from the Program. MCE has adopted a related policy, Rule No. 002, which specifies the circumstances under which a customer deposit will be required. This policy APPENDIX D 369 47 July 2014 specifies that “An applicant who previously has been a customer of PG&E or MCE and whose electric service has been discontinued by PG&E or MCE during the last twelve months of that prior service because of nonpayment of bills, may be required to reestablish credit by depositing the amount prescribed in Rule 003 (Deposits) for that purpose.” Rule No. 002 also states that, “A customer who fails to pay bills before they become past due as defined in PG&E Electric Rule 11 (Discontinuance and Restoration of Service), and who further fails to pay such bills within five days after presentation of a discontinuance of service notice for nonpayment of bills, may be required to pay said bills and reestablish credit by depositing the amount prescribed in Rule 003 (Deposits). This rule will apply regardless of whether or not service has been discontinued for such nonpayment11.” Rule 003 specifies that the amount of deposit for such a customer shall be equal to two months’ estimated charges for MCE service. Failure to post deposit as required would cause the account service transfer request to be rejected, and the account would remain with PG&E. To date, MCE has not collected any customer deposits. 11 A customer whose service is discontinued by MCE is returned to PG&E generation service. APPENDIX D 370 48 July 2014 CHAPTER 10 - Procurement Process Introduction This Chapter describes MCE’s initial procurement policies and the key third party service agreements by which MCE has obtained operational services for the CCA Program. By adopting the original Implementation Plan, MCE’s Board of Directors approved general procurement policies to be effective at Program initiation. The Board retains authority to modify Program policies from time to time at its discretion. Procurement Methods MCE has entered into agreements for a variety of services needed to support program development, operation and management. It is anticipated MCE will utilize Competitive Procurement, Direct Procurement or Sole Source Procurement, depending on the nature of the services to be procured. Direct Procurement is the purchase of goods or services without competition when multiple sources of supply are available. Sole Source Procurement is generally to be performed only in the case of emergency or when a competitive process would be an idle act. MCE utilized a competitive solicitation process to enter into agreements with SENA, which provides electrical services for the program. Agreements with entities that provide professional legal or consulting services, and agreements pertaining to unique or time sensitive opportunities, may be entered into on a direct procurement or sole source basis at the discretion of MCE’s Executive Officer or Board of Directors. The Executive Officer periodically reports (e.g., quarterly) to the Board a summary of the actions taken with respect to the delegated procurement authority. Authority for terminating agreements will generally mirror the authority for entering into the agreements. Key Contracts Electric Supply Contract MCE successfully negotiated an electricity supply contract with SENA (through December 31, 2016). For the initial years of program operations (, SENA will supply a significant portion of the electricity delivered to MCE customers. For the post-2016 period, MCE will be obligated to complete additional solicitations to secure its resource requirements. In anticipation of this future obligation, MCE has initiated procurement efforts, focusing on necessary renewable energy supply and resource adequacy capacity, to facilitate the transition from full requirements service to a managed portfolio of contracts/resources. This proactive, ongoing approach will avoid dependence on market conditions existing at any single point in time. Under the initial full requirements contract, SENA has committed to serving the composite electrical loads of customers in the Program. SENA also serves as MCE’s certified Scheduling APPENDIX D 371 49 July 2014 Coordinator and will schedule the loads of all customers in the Program, providing necessary electric energy, capacity/resource adequacy requirements, renewable energy and ancillary services. SENA is wholly responsible for the Program’s portfolio operations functions and managing the predominant supply risks for the term of the contract. SENA must also meet the Program’s renewable energy goals and comply with all applicable resource adequacy and regulatory requirements imposed by the CPUC or FERC. Certain financial risks related to changes in Program loads during the term of the agreement are borne by SENA, within the ranges specified in the electric supply agreement. The supplier has also committed to deliver a specific quantity of RPS-eligible renewable energy, as determined by MCE, during each year of the agreement term. The supplier is also required to procure sufficient renewable energy to meet the requirements of serving customers enrolled in the Deep Green MCE service option. Data Management Contract Noble Americas Energy Solutions will provide the retail customer services of billing and other customer account services (electronic data interchange or EDI with PG&E, billing, remittance processing, and account management). Recognizing that some qualified wholesale energy suppliers do not typically conduct retail customer services whereas others (i.e., direct access providers) do, the data management contract is separate from the electric supply contract...12 The data manager is responsible for the following services:  Data exchange with PG&E;  Technical testing;  Customer information system;  Customer call center;  Billing administration/retail settlements; and  Reporting and audits of utility billing. Utilizing a third party for account services eliminates a significant expense associated with implementing a customer information system. Such systems can cost from five to ten million dollars to implement and take significant time to deploy. A longer term contract is appropriate for this service because of the time and expense that would be required to migrate data to a new system. Separation of the data management contract from the energy supply contract gives MCE greater flexibility to change energy suppliers, if desired, without facing an expensive data migration issue. 12 The contractor performing account services may be the same entity as the contractor supplying electricity for the program. APPENDIX D 372 50 July 2014 Electric Supply Procurement Process As previously noted, MCE selected SENA as its energy supplier through a competitive solicitation process, which was administered in mid-2009. Additional information regarding SENA is provided below. Shell Energy North America Shell Energy North America (US), L.P. (SENA) is a leading supplier of energy and associated services in North America. SENA provides natural gas, electrical energy and capacity, scheduling and asset optimization, risk management, and renewable energy and environmental products to a wide variety of customers. SENA is 100% owned by Royal Dutch Shell Company and its subsidiaries. SENA owns and manages a variety of energy assets in the West, including generation, a portfolio of renewable energy, transmission capacity, natural gas production, liquefied natural gas capacity, natural gas storage capacity, and natural gas pipeline capacity. SENA’s West Region operation includes regional offices in San Diego, Portland, Spokane, Berkeley, Salt Lake City, Denver and Mexico City, with 7 X 24 power and gas operations in San Diego and Spokane. SENA has an extensive list of public and privately owned customers in the West, including all WECC region investor-owned utilities, twenty-five publicly owned (municipal) electric utilities/other public agencies in California, and publicly owned utilities/public agencies in neighboring states. SENA’s West Region full requirements power experience includes provision of retail electric service, including provision of resource adequacy, for direct access customers in California. Renewable energy products offered by SENA include renewable energy, bundled renewable energy, landfill gas, biogas and renewable energy credits. SENA states it is actively developing renewable portfolios and provides related services such as scheduling and shaping of intermittent energy. SENA’s affiliate, Shell WindEnergy, develops and owns wind generation in California and other parts of North America. SENA also offers a variety of environmental products including emission offsets and other carbon reducing products. SENA is rated A- by S&P and A2 by Moody’s. APPENDIX D 373 51 July 2014 CHAPTER 11 – Contingency Plan for Program Termination Introduction This Chapter describes the process to be followed in the case of Program termination. By adopting the original Implementation Plan, MCE’s Board of Directors approved the general termination process contained herein to be effective at Program initiation. In the unexpected event that MCE would terminate the Program and return its customers to PG&E service, the proposed process is designed to minimize the impacts on its customers and on PG&E. The proposed termination plan follows the requirements set forth in PG&E’s tariff Rule 23 governing service to CCAs. The Board retains authority to modify program policies from time to time at its discretion. Termination by Marin Clean Energy MCE will offer services for the long term with no planned Program termination date. In the unanticipated event that the majority of the Member’s governing bodies (County Board of Supervisors and/or City/Town Councils) decide to terminate the Program, each governing body would be required to adopt a termination ordinance or resolution and provide adequate notice to MCE consistent with the terms set forth in the JPA Agreement. Following such notice, MCE would vote on Program termination subject to a two-tiered vote, as described in the JPA Agreement. In the event that the Board affirmatively votes to proceed with JPA termination, the Board would disband under the provisions identified in its JPA Agreement. After any applicable restrictions on such termination have been satisfied, notice would be provided to customers six months in advance that they will be transferred back to PG&E. A second notice would be provided during the final sixty-days in advance of the transfer. The notice would describe the applicable distribution utility bundled service requirements for returning customers then in effect, such as any transitional or bundled portfolio service rules. At least one year advance notice would be provided to PG&E and the CPUC before transferring customers, and MCE would coordinate the customer transfer process to minimize impacts on customers and ensure no disruption in service. Once the customer notice period is complete, customers would be transferred en masse on the date of their regularly scheduled meter read date. MCE will post a bond or maintain funds held in reserve to pay for potential transaction fees charged to the Program for switching customers back to distribution utility service. Reserves would be maintained against the fees imposed for processing customer transfers (CCASRs). The Public Utilities Code requires demonstration of insurance or posting of a bond sufficient to cover reentry fees imposed on customers that are involuntarily returned to distribution utility service under certain circumstances. The cost of reentry fees are the responsibility of the energy services provider or the community choice aggregator, except in the case of a customer returned for default or because its contract has expired. MCE will post financial security in the APPENDIX D 374 52 July 2014 appropriate amount as part of its registration materials and will maintain the financial security in the required amount, as necessary. Termination by Members The JPA Agreement defines the terms and conditions under which Members may terminate their participation in the program. APPENDIX D 375 53 July 2014 CHAPTER 12 – Appendices Appendix A: MCE Resolution 2014-03 Appendix B: County of Napa, Resolution 2014-59 Appendix C: Marin Clean Energy Joint Powers Agreement Appendix D: County of Napa, CCA Ordinance – Ordinance No. 1391 APPENDIX D 376 27 April 2016 – Addendum No. 4 Exhibit A To the Joint Powers Agreement Marin Energy Authority -Definitions- “AB 117” means Assembly Bill 117 (Stat. 2002, ch. 838, codified at Public Utilities Code Section 366.2), which created CCA. “Act” means the Joint Exercise of Powers Act of the State of California (Government Code Section 6500 et seq.) “Administrative Services Agreement” means an agreement or agreements entered into after the Effective Date by the Authority with an entity that will perform tasks necessary for planning, implementing, operating and administering the CCA Program or any other energy programs adopted by the Authority. “Agreement” means this Joint Powers Agreement. “Annual Energy Use” has the meaning given in Section 4.9.2.2. “Authority” means the Marin Energy Authority. “Authority Document(s)” means document(s) duly adopted by the Board by resolution or motion implementing the powers, functions and activities of the Authority, including but not limited to the Operating Rules and Regulations, the annual budget, and plans and policies. “Board” means the Board of Directors of the Authority. “CCA” or “Community Choice Aggregation” means an electric service option available to cities and counties pursuant to Public Utilities Code Section 366.2. “CCA Program” means the Authority’s program relating to CCA that is principally described in Sections 2.4 and 5.1. “Director” means a member of the Board of Directors representing a Party. “Effective Date” means the date on which this Agreement shall become effective and the Marin Energy Authority shall exist as a separate public agency, as further described in Section 2.1. “Implementation Plan” means the plan generally described in Section 5.1.2 of this Agreement that is required under Public Utilities Code Section 366.2 to be filed with the 377 28 April 2016 – Addendum No. 4 California Public Utilities Commission for the purpose of describing a proposed CCA Program. “Initial Costs” means all costs incurred by the Authority relating to the establishment and initial operation of the Authority, such as the hiring of an Executive Director and any administrative staff, any required accounting, administrative, technical and legal services in support of the Authority’s initial activities or in support of the negotiation, preparation and approval of one or more Administrative Services Provider Agreements and Program Agreement 1. Administrative and operational costs incurred after the approval of Program Agreement 1 shall not be considered Initial Costs. “Initial Participants” means, for the purpose of this Agreement, the signatories to this JPA as of May 5, 2010 including City of Belvedere, Town of Fairfax, City of Mill Valley, Town of San Anselmo, City of San Rafael, City of Sausalito, Town of Tiburon and County of Marin. “Operating Rules and Regulations” means the rules, regulations, policies, bylaws and procedures governing the operation of the Authority. “Parties” means, collectively, the signatories to this Agreement that have satisfied the conditions in Sections 2.2 or 3.2 such that it is considered a member of the Authority. “Party” means, singularly, a signatory to this Agreement that has satisfied the conditions in Sections 2.2 or 3.2 such that it is considered a member of the Authority. “Program Agreement 1” means the agreement that the Authority will enter into with an energy service provider that will provide the electricity to be distributed to customers participating in the CCA Program. “Total Annual Energy” has the meaning given in Section 4.9.2.2. 378 29 April 2016 – Addendum No. 4 Exhibit B To the Joint Powers Agreement Marin Energy Authority -List of the Parties- City of American Canyon City of Belvedere City of Benicia City of Calistoga Town of Corte Madera City of El Cerrito Town of Fairfax City of Larkspur City of Lafayette City of Mill Valley City of Napa City of Novato City of Richmond Town of Ross Town of San Anselmo City of San Pablo City of San Rafael City of Sausalito City of St. Helena Town of Tiburon City of Walnut Creek Town of Yountville County of Marin County of Napa 379 30 April 2016 – Addendum No. 4 Exhibit C To the Joint Powers Agreement Marin Clean Energy - Annual Energy Use - This Exhibit C is effective as of April 21, 2016. Party kWh* City of American Canyon 83,543,443 City of Belvedere 9,973,170 City of Benicia 272,731,094 City of Calistoga 27,989,218 Town of Corte Madera 62,093,107 City of El Cerrito 109,836,169 Town of Fairfax 24,700,647 City of Lafayette 126,334,082 City of Larkspur 63,174,199 City of Mill Valley 69,176,164 City of Napa 386,262,547 City of Novato 286,565,119 City of Richmond 581,012,267 Town of Ross 13,529,793 Town of San Anselmo 46,642,417 City of San Pablo 97,383,170 City of San Rafael 347,362,327 City of Sausalito 48,099,763 City of St. Helena 55,556,737 Town of Tiburon 40,913,144 City of Walnut Creek 465,644,787 Town of Yountville 34,502,172 County of Marin 330,023,521 County of Napa 348,095,521 Authority Total Energy Use 3,931,144,578 *Data Provided by PG&E 380 31 April 2016 – Addendum No. 4 Exhibit D To the Joint Powers Agreement Marin Clean Energy - Voting Shares - This Exhibit D is effective as of April 21, 2016. Party kWh* Section 4.9.2.1 Section 4.9.2.2 Voting Share City of American Canyon 83,543,443 2.08% 1.06% 3.15% City of Belvedere 9,973,170 2.08% 0.13% 2.21% City of Benicia 272,731,094 2.08% 3.47% 5.55% City of Calistoga 27,989,218 2.08% 0.36% 2.44% Town of Corte Madera 62,093,107 2.08% 0.79% 2.87% City of El Cerrito 109,836,169 2.08% 1.40% 3.48% Town of Fairfax 24,700,647 2.08% 0.31% 2.40% City of Lafayette 126,334,082 2.08% 1.61% 3.69% City of Larkspur 63,174,199 2.08% 0.80% 2.89% City of Mill Valley 69,176,164 2.08% 0.88% 2.96% City of Napa 386,262,547 2.08% 4.91% 7.00% City of Novato 286,565,119 2.08% 3.64% 5.73% City of Richmond 581,012,267 2.08% 7.39% 9.47% Town of Ross 13,529,793 2.08% 0.17% 2.26% Town of San Anselmo 46,642,417 2.08% 0.59% 2.68% City of San Pablo 97,383,170 2.08% 1.24% 3.32% City of San Rafael 347,362,327 2.08% 4.42% 6.50% City of Sausalito 48,099,763 2.08% 0.61% 2.70% City of St. Helena 55,556,737 2.08% 0.71% 2.79% Town of Tiburon 40,913,144 2.08% 0.52% 2.60% City of Walnut Creek 465,644,787 2.08% 5.92% 8.01% Town of Yountville 34,502,172 2.08% 0.44% 2.52% County of Marin 330,023,521 2.08% 4.20% 6.28% County of Napa 348,095,521 2.08% 4.43% 6.51% *Data Provided by PG&E 3,931,144,578 50.00% 50.00% 100.00% 381 APPENDIX C 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 October 4, 2016 County Approval Agreement East Bay Community Energy Authority - Joint Powers Agreement – Effective _____________ Among The Following Parties: 397 October 4, 2016 County Approval Agreement -1- EAST BAY COMMUNITY ENERGY AUTHORITY JOINT POWERS AGREEMENT This Joint Powers Agreement (“Agreement”), effective as of _________, is made and entered into pursuant to the provisions of Title 1, Division 7, Chapter 5, Article 1 (Section 6500 et seq.) of the California Government Code relating to the joint exercise of powers among the parties set forth in Exhibit A (“Parties”). The term “Parties” shall also include an incorporated municipality or county added to this Agreement in accordance with Section 3.1. RECITALS 1. The Parties are either incorporated municipalities or counties sharing various powers under California law, including but not limited to the power to purchase, supply, and aggregate electricity for themselves and their inhabitants. 2. In 2006, the State Legislature adopted AB 32, the Global Warming Solutions Act, which mandates a reduction in greenhouse gas emissions in 2020 to 1990 levels. The California Air Resources Board is promulgating regulations to implement AB 32 which will require local government to develop programs to reduce greenhouse gas emissions. 3. The purposes for the Initial Participants (as such term is defined in Section 1.1.16 below) entering into this Agreement include securing electrical energy supply for customers in participating jurisdictions, addressing climate change by reducing energy related greenhouse gas emissions, promoting electrical rate price stability, and fostering local economic benefits such as jobs creation, community energy programs and local power development. It is the intent of this Agreement to promote the development and use of a wide range of renewable energy sources and energy efficiency programs, including but not limited to State, regional and local solar and wind energy production. 4. The Parties desire to establish a separate public agency, known as the East Bay Community Energy Authority (“Authority”), under the provisions of the Joint Exercise of Powers Act of the State of California (Government Code Section 6500 et seq.) (“Act”) in order to collectively study, promote, develop, conduct, operate, and manage energy programs. 5. The Initial Participants have each adopted an ordinance electing to implement through the Authority a Community Choice Aggregation program pursuant to California Public Utilities Code Section 366.2 (“CCA Program”). The first priority of the Authority will be the consideration of those actions necessary to implement the CCA Program. 6. By establishing the Authority, the Parties seek to: (a) Provide electricity rates that are lower or competitive with those offered by PG&E for similar products; 398 October 4, 2016 County Approval Agreement -2- (b) Offer differentiated energy options (e.g. 33% or 50% qualified renewable) for default service, and a 100% renewable content option in which customers may “opt-up” and voluntarily participate; (c) Develop an electric supply portfolio with a lower greenhouse gas (GHG) intensity than PG&E, and one that supports the achievement of the parties’ greenhouse gas reduction goals and the comparable goals of all participating jurisdictions; (d) Establish an energy portfolio that prioritizes the use and development of local renewable resources and minimizes the use of unbundled renewable energy credits; (e) Promote an energy portfolio that incorporates energy efficiency and demand response programs and has aggressive reduced consumption goals; (f) Demonstrate quantifiable economic benefits to the region (e.g. union and prevailing wage jobs, local workforce development, new energy programs, and increased local energy investments); (g) Recognize the value of workers in existing jobs that support the energy infrastructure of Alameda County and Northern California. The Authority, as a leader in the shift to a clean energy, commits to ensuring it will take steps to minimize any adverse impacts to these workers to ensure a “just transition” to the new clean energy economy; (h) Deliver clean energy programs and projects using a stable, skilled workforce through such mechanisms as project labor agreements, or other workforce programs that are cost effective, designed to avoid work stoppages, and ensure quality; (i) Promote personal and community ownership of renewable resources, spurring equitable economic development and increased resilience, especially in low income communities; (j) Provide and manage lower cost energy supplies in a manner that provides cost savings to low-income households and promotes public health in areas impacted by energy production; and (k) Create an administering agency that is financially sustainable, responsive to regional priorities, well managed, and a leader in fair and equitable treatment of employees through adopting appropriate best practices employment policies, including, but not limited to, promoting efficient consideration of petitions to unionize, and providing appropriate wages and benefits. 399 October 4, 2016 County Approval Agreement -3- AGREEMENT NOW, THEREFORE, in consideration of the mutual promises, covenants, and conditions hereinafter set forth, it is agreed by and among the Parties as follows: ARTICLE 1 CONTRACT DOCUMENTS 1.1 Definitions. Capitalized terms used in the Agreement shall have the meanings specified below, unless the context requires otherwise. 1.1.1 “AB 117” means Assembly Bill 117 (Stat. 2002, ch. 838, codified at Public Utilities Code Section 366.2), which created CCA. 1.1.2 “Act” means the Joint Exercise of Powers Act of the State of California (Government Code Section 6500 et seq.) 1.1.3 “Agreement” means this Joint Powers Agreement. 1.1.4 “Annual Energy Use” has the meaning given in Section 1.1.23. 1.1.5 “Authority” means the East Bay Community Energy Authority established pursuant to this Joint Powers Agreement. 1.1.6 “Authority Document(s)” means document(s) duly adopted by the Board by resolution or motion implementing the powers, functions and activities of the Authority, including but not limited to the Operating Rules and Regulations, the annual budget, and plans and policies. 1.1.7 “Board” means the Board of Directors of the Authority. 1.1.8 “Community Choice Aggregation” or “CCA” means an electric service option available to cities and counties pursuant to Public Utilities Code Section 366.2. 1.1.9 “CCA Program” means the Authority’s program relating to CCA that is principally described in Sections 2.4 and 5.1. 1.1.10 “Days” shall mean calendar days unless otherwise specified by this Agreement. 1.1.11 “Director” means a member of the Board of Directors representing a Party, including an alternate Director. 1.1.12 “Effective Date” means the date on which this Agreement shall become effective and the East Bay Community Energy Authority shall exist as a separate public agency, as further described in Section 2.1. 400 October 4, 2016 County Approval Agreement -4- 1.1.13 “Ex Officio Board Member” means a non-voting member of the Board of Directors as described in Section 4.2.2. The Ex Officio Board Member may not serve on the Executive Committee of the Board or participate in closed session meetings of the Board. 1.1.14 “Implementation Plan” means the plan generally described in Section 5.1.2 of this Agreement that is required under Public Utilities Code Section 366.2 to be filed with the California Public Utilities Commission for the purpose of describing a proposed CCA Program. 1.1.15 “Initial Costs” means all costs incurred by the Authority relating to the establishment and initial operation of the Authority, such as the hiring of a Chief Executive Officer and any administrative staff, any required accounting, administrative, technical and legal services in support of the Authority’s initial formation activities or in support of the negotiation, preparation and approval of power purchase agreements. The Board shall determine the termination date for Initial Costs. 1.1.16 “Initial Participants” means, for the purpose of this Agreement the County of Alameda, the Cities of Albany, Berkeley, Emeryville, Oakland, Piedmont, San Leandro, Hayward, Union City, Newark, Fremont, Dublin, Pleasanton and Livermore. 1.1.17 “Operating Rules and Regulations” means the rules, regulations, policies, bylaws and procedures governing the operation of the Authority. 1.1.18 “Parties” means, collectively, the signatories to this Agreement that have satisfied the conditions in Sections 2.2 or 3.1 such that it is considered a member of the Authority. 1.1.19 “Party” means, singularly, a signatory to this Agreement that has satisfied the conditions in Sections 2.2 or 3.1 such that it is considered a member of the Authority. 1.1.20 “Percentage Vote” means a vote taken by the Board pursuant to Section 4.12.1 that is based on each Party having one equal vote. 1.1.21 “Total Annual Energy” has the meaning given in Section 1.1.23. 1.1.22 “Voting Shares Vote” means a vote taken by the Board pursuant to Section 4.12.2 that is based on the voting shares of each Party described in Section 1.1.23 and set forth in Exhibit C to this Agreement. A Voting Shares vote cannot take place on a matter unless the matter first receives an affirmative or tie Percentage Vote in the manner required by Section 4.12.1 and three or more Directors immediately thereafter request such vote. 401 October 4, 2016 County Approval Agreement -5- 1.1.23 “Voting Shares Formula” means the weight applied to a Voting Shares Vote and is determined by the following formula: (Annual Energy Use/Total Annual Energy) multiplied by 100, where (a) “Annual Energy Use” means (i) with respect to the first two years following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWh”), within the Party’s respective jurisdiction and (ii) with respect to the period after the second anniversary of the Effective Date, the annual electricity usage, expressed in kWh, of accounts within a Party’s respective jurisdiction that are served by the Authority and (b) “Total Annual Energy” means the sum of all Parties’ Annual Energy Use. The initial values for Annual Energy use are designated in Exhibit B and the initial voting shares are designated in Exhibit C. Both Exhibits B and C shall be adjusted annually as soon as reasonably practicable after January 1, but no later than March 1 of each year subject to the approval of the Board. 1.2 Documents Included. This Agreement consists of this document and the following exhibits, all of which are hereby incorporated into this Agreement. Exhibit A: List of the Parties Exhibit B: Annual Energy Use Exhibit C: Voting Shares 1.3 Revision of Exhibits. The Parties agree that Exhibits A, B and C to this Agreement describe certain administrative matters that may be revised upon the approval of the Board, without such revision constituting an amendment to this Agreement, as described in Section 8.4. The Authority shall provide written notice to the Parties of the revision of any such exhibit. ARTICLE 2 FORMATION OF EAST BAY COMMUNITY ENERGY AUTHORITY 2.1 Effective Date and Term. This Agreement shall become effective and East Bay Community Energy Authority shall exist as a separate public agency on December 1, 2016, provided that this Agreement is executed on or prior to such date by at least three Initial Participants after the adoption of the ordinances required by Public Utilities Code Section 366.2(c)(12). The Authority shall provide notice to the Parties of the Effective Date. The Authority shall continue to exist, and this Agreement shall be effective, until this Agreement is terminated in accordance with Section 7.3, subject to the rights of the Parties to withdraw from the Authority. 402 October 4, 2016 County Approval Agreement -6- 2.2 Initial Participants. Until December 31, 2016, all other Initial Participants may become a Party by executing this Agreement and delivering an executed copy of this Agreement and a copy of the adopted ordinance required by Public Utilities Code Section 366.2(c)(12) to the Authority. Additional conditions, described in Section 3.1, may apply (i) to either an incorporated municipality or county desiring to become a Party that is not an Initial Participant and (ii) to Initial Participants that have not executed and delivered this Agreement within the time period described above. 2.3 Formation. There is formed as of the Effective Date a public agency named the East Bay Community Energy Authority. Pursuant to Sections 6506 and 6507 of the Act, the Authority is a public agency separate from the Parties. The debts, liabilities or obligations of the Authority shall not be debts, liabilities or obligations of the individual Parties unless the governing board of a Party agrees in writing to assume any of the debts, liabilities or obligations of the Authority. A Party who has not agreed to assume an Authority debt, liability or obligation shall not be responsible in any way for such debt, liability or obligation even if a majority of the Parties agree to assume the debt, liability or obligation of the Authority. Notwithstanding Section 8.4 of this Agreement, this Section 2.3 may not be amended unless such amendment is approved by the governing boards of all Parties. 2.4 Purpose. The purpose of this Agreement is to establish an independent public agency in order to exercise powers common to each Party and any other powers granted to the Authority under state law to participate as a group in the CCA Program pursuant to Public Utilities Code Section 366.2(c)(12); to study, promote, develop, conduct, operate, and manage energy and energy-related climate change programs; and, to exercise all other powers necessary and incidental to accomplishing this purpose. 2.5 Powers. The Authority shall have all powers common to the Parties and such additional powers accorded to it by law. The Authority 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: 2.5.1 to make and enter into contracts, including those relating to the purchase or sale of electrical energy or attributes thereof; 2.5.2 to employ agents and employees, including but not limited to a Chief Executive Officer and General Counsel; 2.5.3 to acquire, contract, manage, maintain, and operate any buildings, works or improvements, including electric generating facilities; 2.5.4 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; 2.5.5 to lease any property; 2.5.6 to sue and be sued in its own name; 403 October 4, 2016 County Approval Agreement -7- 2.5.7 to incur debts, liabilities, and obligations, including but not limited to loans from private lending sources pursuant to its temporary borrowing powers such as Government Code Section 53850 et seq. and authority under the Act; 2.5.8 to form subsidiary or independent corporations or entities, if appropriate, to carry out energy supply and energy conservation programs at the lowest possible cost consistent with the Authority’s CCA Program implementation plan, risk management policies, or to take advantage of legislative or regulatory changes; 2.5.9 to issue revenue bonds and other forms of indebtedness; 2.5.10 to apply for, accept, and receive all licenses, permits, grants, loans or other assistance from any federal, state or local public agency; 2.5.11 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; 2.5.12 to adopt rules, regulations, policies, bylaws and procedures governing the operation of the Authority (“Operating Rules and Regulations”); 2.5.13 to make and enter into service, energy and any other agreements necessary to plan, implement, operate and administer the CCA Program and other energy programs, including the acquisition of electric power supply and the provision of retail and regulatory support services; and 2.5.14 to negotiate project labor agreements, community benefits agreements and collective bargaining agreements with the local building trades council and other interested parties. 2.6 Limitation on Powers. As required by Government Code Section 6509, the power of the Authority is subject to the restrictions upon the manner of exercising power possessed by the City of Emeryville and any other restrictions on exercising the powers of the Authority that may be adopted by the Board. 2.7 Compliance with Local Zoning and Building Laws. Notwithstanding any other provisions of this Agreement or state law, any facilities, buildings or structures located, constructed or caused to be constructed by the Authority within the territory of the Authority 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”). 404 October 4, 2016 County Approval Agreement -8- 2.8 Compliance with the Brown Act. The Authority and its officers and employees shall comply with the provisions of the Ralph M. Brown Act, Government Code Section 54950 et seq. 2.9 Compliance with the Political Reform Act and Government Code Section 1090. The Authority and its officers and employees shall comply with the Political Reform Act (Government Code Section 81000 et seq.) and Government Code Section 1090 et seq, and shall adopt a Conflict of Interest Code pursuant to Government Code Section 87300. The Board of Directors may adopt additional conflict of interest regulations in the Operating Rules and Regulations. ARTICLE 3 AUTHORITY PARTICIPATION 3.1 Addition of Parties. Subject to Section 2.2, relating to certain rights of Initial Participants, other incorporated municipalities and counties may become Parties upon (a) the adoption of a resolution by the governing body of such incorporated municipality or county requesting that the incorporated municipality or county, as the case may be, become a member of the Authority, (b) the adoption by an affirmative vote of a majority of all Directors of the entire Board satisfying the requirements described in Section 4.12, of a resolution authorizing membership of the additional incorporated municipality or county, specifying the membership payment, if any, to be made by the additional incorporated municipality or county to reflect its pro rata share of organizational, planning and other pre-existing expenditures, and describing additional conditions, if any, associated with membership, (c) the adoption of an ordinance required by Public Utilities Code Section 366.2(c)(12) and execution of this Agreement and other necessary program agreements by the incorporated municipality or county, (d) payment of the membership fee, if any, and (e) satisfaction of any conditions established by the Board. 3.2 Continuing Participation. The Parties acknowledge that membership in the Authority may change by the addition and/or withdrawal or termination of Parties. The Parties agree to participate with such other Parties as may later be added, as described in Section 3.1. The Parties also agree that the withdrawal or termination of a Party shall not affect this Agreement or the remaining Parties’ continuing obligations under this Agreement. ARTICLE 4 GOVERNANCE AND INTERNAL ORGANIZATION 4.1 Board of Directors. The governing body of the Authority shall be a Board of Directors (“Board”) consisting of one director for each Party appointed in accordance with Section 4.2. 4.2 Appointment of Directors. The Directors shall be appointed as follows: 4.2.1 The governing body of each Party shall appoint and designate in writing one regular Director who shall be authorized to act for and on behalf of the Party on matters within the powers of the Authority. The governing body of each Party also shall appoint and designate in writing one alternate Director who may vote on matters when the regular Director is absent 405 October 4, 2016 County Approval Agreement -9- from a Board meeting. The person appointed and designated as the regular Director shall be a member of the governing body of the Party. The person appointed and designated as the alternate Director shall also be a member of the governing body of the Party. 4.2.2 The Board shall also include one non-voting ex officio member as defined in Section 1.1.13 (“Ex Officio Board Member”). The Chair of the Community Advisory Committee, as described in Section 4.9 below, shall serve as the Ex Officio Board Member. The Vice Chair of the Community Advisory Committee shall serve as an alternate Ex Officio Board Member when the regular Ex Officio Board Member is absent from a Board meeting. 4.2.3 The Operating Rules and Regulations, to be developed and approved by the Board in accordance with Section 2.5.12 may include rules regarding Directors, such as meeting attendance requirements. No Party shall be deprived of its right to seat a Director on the Board. 4.3 Terms of Office. Each regular and alternate Director shall serve at the pleasure of the governing body of the Party that the Director represents, and may be removed as Director by such governing body at any time. If at any time a vacancy occurs on the Board, a replacement shall be appointed to fill the position of the previous Director in accordance with the provisions of Section 4.2 within 90 days of the date that such position becomes vacant. 4.4 Quorum. A majority of the Directors of the entire Board shall constitute a quorum, except that less than a quorum may adjourn a meeting from time to time in accordance with law. 4.5 Powers and Function of the Board. The Board shall conduct or authorize to be conducted all business and activities of the Authority, consistent with this Agreement, the Authority Documents, the Operating Rules and Regulations, and applicable law. Board approval shall be required for any of the following actions, which are defined as “Essential Functions”: 4.5.1 The issuance of bonds or any other financing even if program revenues are expected to pay for such financing. 4.5.2 The hiring of a Chief Executive Officer and General Counsel. 4.5.3 The appointment or removal of an officer. 4.5.4 The adoption of the Annual Budget. 4.5.5 The adoption of an ordinance. 4.5.6 The initiation of resolution of claims and litigation where the Authority will be the defendant, plaintiff, petitioner, respondent, cross complainant or cross petitioner, or intervenor; provided, however, that the Chief Executive Officer or General Counsel, on behalf of the Authority, may 406 October 4, 2016 County Approval Agreement -10- intervene in, become party to, or file comments with respect to any proceeding pending at the California Public Utilities Commission, the Federal Energy Regulatory Commission, or any other administrative agency, without approval of the Board. The Board shall adopt Operating Rules and Regulations governing the Chief Executive Officer and General Counsel’s exercise of authority under this Section 4.5.6. 4.5.7 The setting of rates for power sold by the Authority and the setting of charges for any other category of service provided by the Authority. 4.5.8 Termination of the CCA Program. 4.6 Executive Committee. The Board shall establish an Executive Committee consisting of a smaller number of Directors. The Board may delegate to the Executive Committee such authority as the Board might otherwise exercise, subject to limitations placed on the Board’s authority to delegate certain Essential Functions, as described in Section 4.5 and the Operating Rules and Regulations. The Board may not delegate to the Executive Committee or any other committee its authority under Section 2.5.12 to adopt and amend the Operating Rules and Regulations or its Essential Functions listed in Section 4.5. After the Executive Committee meets or otherwise takes action, it shall, as soon as practicable, make a report of its activities at a meeting of the Board. 4.7 Director Compensation. Directors shall receive a stipend of $100 per meeting, as adjusted to account for inflation, as provided for in the Authority’s Operating Rules and Regulations. 4.8 Commissions, Boards and 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. The Board may establish rules, regulations, policies, bylaws or procedures to govern any such commissions, boards, or committees and shall determine whether members shall be compensated or entitled to reimbursement for expenses. 4.9 Community Advisory Committee. The Board shall establish a Community Advisory Committee consisting of nine members, none of whom may be voting members of the Board. The function of the Community Advisory Committee shall be to advise the Board of Directors on all subjects related to the operation of the CCA Program as set forth in a work plan adopted by the Board of Directors from time to time, with the exception of personnel and litigation decisions. The Community Advisory Committee is advisory only, and shall not have decision-making authority, or receive any delegation of authority from the Board of Directors. The Board shall publicize the opportunity to serve on the Community Advisory Committee, and shall appoint members of the Community Advisory Committee from those individuals expressing interest in serving, and who represent a diverse cross-section of interests, skill sets and geographic regions. Members of the Community Advisory Committee shall serve staggered four-year terms (the first term of three of the members shall be two years, and four years 407 October 4, 2016 County Approval Agreement -11- thereafter), which may be renewed. A member of the Community Advisory Committee may be removed by the Board of Directors by majority vote. The Board of Directors shall determine whether the Community Advisory Committee members will receive a stipend and/or be entitled to reimbursement for expenses. 4.10 Chief Executive Officer. The Board of Directors shall appoint a Chief Executive Officer for the Authority, who shall be responsible for the day-to-day operation and management of the Authority and the CCA Program. The Chief Executive Officer may exercise all powers of the Authority, including the power to hire, discipline and terminate employees as well as the power to approve any agreement, if the expenditure is authorized in the Authority’s approved budget, except the powers specifically set forth in Section 4.5 or those powers which by law must be exercised by the Board of Directors. The Board of Directors shall provide procedures and guidelines for the Chief Executive Officer exercising the powers of the Authority in the Operating Rules and Regulations. 4.11 General Counsel. The Board of Directors shall appoint a General Counsel for the Authority, who shall be responsible for providing legal advice to the Board of Directors and overseeing all legal work for the Authority. 4.12 Board Voting. 4.12.1 Percentage Vote. Except when a supermajority vote is expressly required by this Agreement or the Operating Rules and Regulations, action of the Board on all matters shall require an affirmative vote of a majority of all Directors on the entire Board (a “Percentage Vote” as defined in Section 1.1.20). A supermajority vote is required by this Agreement for the matters addressed by Section 8.4. When a supermajority vote is required by this Agreement or the Operating Rules and Regulations, action of the Board shall require an affirmative Percentage Vote of the specified supermajority of all Directors on the entire Board. No action can be taken by the Board without an affirmative Percentage Vote. Notwithstanding the foregoing, in the event of a tie in the Percentage Vote, an action may be approved by an affirmative “Voting Shares Vote,” as defined in Section 1.1.22, if three or more Directors immediately request such vote. 4.12.2 Voting Shares Vote. In addition to and immediately after an affirmative percentage vote, three or more Directors may request that, a vote of the voting shares shall be held (a “Voting Shares Vote” as defined in Section 1.1.22). To approve an action by a Voting Shares Vote, the corresponding voting shares (as defined in Section 1.1.23 and Exhibit C) of all Directors voting in the affirmative shall exceed 50% of the voting share of all Directors on the entire Board, or such other higher voting shares percentage expressly required by this Agreement or the Operating Rules 408 October 4, 2016 County Approval Agreement -12- and Regulations. In the event that any one Director has a voting share that equals or exceeds that which is necessary to disapprove the matter being voted on by the Board, at least one other Director shall be required to vote in the negative in order to disapprove such matter. When a voting shares vote is held, action by the Board requires both an affirmative Percentage Vote and an affirmative Voting Shares Vote. Notwithstanding the foregoing, in the event of a tie in the Percentage Vote, an action may be approved on an affirmative Voting Shares Vote. When a supermajority vote is required by this Agreement or the Operating Rules and Regulations, the supermajority vote is subject to the Voting Share Vote provisions of this Section 4.12.2, and the specified supermajority of all Voting Shares is required for approval of the action, if the provision of this Section 4.12.2 are triggered. 4.13 Meetings and Special Meetings of the Board. 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 and Emergency meetings of the Board may be called in accordance with the provisions of California Government Code Section 54956 and 54956.5. Directors may participate in meetings telephonically, with full voting rights, only to the extent permitted by law. 4.14 Officers. 4.14.1 Chair and Vice Chair. At the first meeting held by the Board in each calendar year, the Directors shall elect, from among themselves, a Chair, who shall be the presiding officer of all Board meetings, and a Vice Chair, who shall serve in the absence of the Chair. The Chair and Vice Chair shall hold office for one year and serve no more than two consecutive terms, however, the total number of terms a Director may serve as Chair or Vice Chair is not limited. The office of either the Chair or Vice Chair shall be declared vacant and the Board shall make a new selection if: (a) the person serving dies, resigns, or ceases to be a member of the governing body of the Party that the person represents; (b) the Party that the person represents removes the person as its representative on the Board, or (c) the Party that he or she represents withdraws from the Authority pursuant to the provisions of this Agreement. 4.14.2 Secretary. The Board shall appoint a Secretary, 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 Authority. 4.14.3 Treasurer and Auditor. The Board shall appoint a qualified person to act as the Treasurer and a qualified person to act as the Auditor, neither of whom needs to be a member of the Board. The same person may not simultaneously hold both the office of Treasurer and the office of the Auditor of the Authority. Unless otherwise exempted from such 409 October 4, 2016 County Approval Agreement -13- requirement, the Authority shall cause an independent audit to be made annually by a certified public accountant, or public accountant, in compliance with Section 6505 of the Act. The Treasurer shall act as the depositary of the Authority and have custody of all the money of the Authority, from whatever source, and as such, shall have all of the duties and responsibilities specified in Section 6505.5 of the Act. The Board may require the Treasurer and/or Auditor to file with the Authority an official bond in an amount to be fixed by the Board, and if so requested, the Authority shall pay the cost of premiums associated with the bond. The Treasurer shall report directly to the Board and shall comply with the requirements of treasurers of incorporated municipalities. The Board may transfer the responsibilities of Treasurer to any person or entity as the law may provide at the time. 4.15 Administrative Services Provider. The Board may appoint one or more administrative services providers to serve as the Authority’s agent for planning, implementing, operating and administering the CCA Program, and any other program approved by the Board, in accordance with the provisions of an Administrative Services Agreement. The appointed administrative services provider may be one of the Parties. The Administrative 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 CCA Program and other approved programs. The Administrative Services Agreement shall set forth the term of the Agreement and the circumstances under which the Administrative Services Agreement may be terminated by the Authority. This section shall not in any way be construed to limit the discretion of the Authority to hire its own employees to administer the CCA Program or any other program. 4.16 Operational Audit. The Authority shall commission an independent agent to conduct and deliver at a public meeting of the Board an evaluation of the performance of the CCA Program relative to goals for renewable energy and carbon reductions. The Authority shall approve a budget for such evaluation and shall hire a firm or individual that has no other direct or indirect business relationship with the Authority. The evaluation shall be conducted at least once every two years. ARTICLE 5 IMPLEMENTATION ACTION AND AUTHORITY DOCUMENTS 5.1 Implementation of the CCA Program. 5.1.1 Enabling Ordinance. Prior to the execution of this Agreement, each Party shall adopt an ordinance in accordance with Public Utilities Code Section 366.2(c)(12) for the purpose of specifying that the Party intends to implement a CCA Program by and through its participation in the Authority. 410 October 4, 2016 County Approval Agreement -14- 5.1.2 Implementation Plan. The Authority shall cause to be prepared an Implementation Plan meeting the requirements of Public Utilities Code Section 366.2 and any applicable Public Utilities Commission regulations as soon after the Effective Date as reasonably practicable. The Implementation Plan shall not be filed with the Public Utilities Commission until it is approved by the Board in the manner provided by Section 4.12. 5.1.3 Termination of CCA Program. Nothing contained in this Article or this Agreement shall be construed to limit the discretion of the Authority to terminate the implementation or operation of the CCA Program at any time in accordance with any applicable requirements of state law. 5.2 Other Authority Documents. The Parties acknowledge and agree that the operations of the Authority will be implemented through various documents duly adopted by the Board through Board resolution or minute action, including but not necessarily limited to the Operating Rules and Regulations, the annual budget, and specified plans and policies defined as the Authority Documents by this Agreement. The Parties agree to abide by and comply with the terms and conditions of all such Authority Documents that may be adopted by the Board, subject to the Parties’ right to withdraw from the Authority as described in Article 7. 5.3 Integrated Resource Plan. The Authority shall cause to be prepared an Integrated Resource Plan in accordance with CPUC regulations that will ensure the long-term development and administration of a variety of energy programs that promote local renewable resources, conservation, demand response, and energy efficiency, while maintaining compliance with the State Renewable Portfolio standard and customer rate competitiveness. The Authority shall prioritize the development of energy projects in Alameda and adjacent counties. Principal aspects of its planned operations shall be in a Business Plan as outlined in Section 5.4 of this Agreement. 5.4 Business Plan. The Authority shall cause to be prepared a Business Plan, which will include a roadmap for the development, procurement, and integration of local renewable energy resources as outlined in Section 5.3 of this Agreement. The Business Plan shall include a description of how the CCA Program will contribute to fostering local economic benefits, such as job creation and community energy programs. The Business Plan shall identify opportunities for local power development and how the CCA Program can achieve the goals outlined in Recitals 3 and 6 of this Agreement. The Business Plan shall include specific language detailing employment and labor standards that relate to the execution of the CCA Program as referenced in this Agreement. The Business Plan shall identify clear and transparent marketing practices to be followed by the CCA Program, including the identification of the sources of its electricity and explanation of the various types of electricity procured by the Authority. The Business Plan shall cover the first five (5) years of the operation of the CCA Program. The Business Plan shall be completed by the Authority no later than eight (8) months after the seating of the Authority Board of Directors. Progress on the implementation of the Business Plan shall be subject to annual public review. 411 October 4, 2016 County Approval Agreement -15- 5.5 Labor Organization Neutrality. The Authority shall remain neutral in the event its employees, and the employees of its subcontractors, if any, wish to unionize. 5.6 Renewable Portfolio Standards. The Authority shall provide its customers energy primarily from Category 1 eligible renewable resources, as defined under the California RPS and consistent with the goals of the CCA Program. The Authority shall not procure energy from Category 3 eligible renewable resources (unbundled Renewable Energy Credits or RECs) exceeding 50% of the State law requirements, to achieve its renewable portfolio goals. However, for Category 3 RECs associated with generation facilities located within its service jurisdiction, the limitation set forth in the preceding sentence shall not apply. ARTICLE 6 FINANCIAL PROVISIONS 6.1 Fiscal Year. The Authority’s fiscal year shall be 12 months commencing July 1 and ending June 30. The fiscal year may be changed by Board resolution. 6.2 Depository. 6.2.1 All funds of the Authority shall be held in separate accounts in the name of the Authority and not commingled with funds of any Party or any other person or entity. 6.2.2 All funds of the Authority 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 Authority shall be open to inspection by the Parties at all reasonable times. 6.2.3 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. 6.3 Budget and Recovery Costs. 6.3.1 Budget. The initial budget shall be approved by the Board. The Board may revise the budget from time to time through an Authority Document as may be reasonably necessary to address contingencies and unexpected expenses. All subsequent budgets of the Authority shall be prepared and approved by the Board in accordance with the Operating Rules and Regulations. 6.3.2 Funding of Initial Costs. The County shall fund the Initial Costs of establishing and implementing the CCA Program. In the event that the 412 October 4, 2016 County Approval Agreement -16- CCA Program becomes operational, these Initial Costs paid by the County and any specified interest shall be included in the customer charges for electric services to the extent permitted by law, and the County shall be reimbursed from the payment of such charges by customers of the Authority. The Authority may establish a reasonable time period over which such costs are recovered. In the event that the CCA Program does not become operational, the County shall not be entitled to any reimbursement of the Initial Costs. 6.3.4 Additional Contributions and Advances. Pursuant to Government Code Section 6504, the Parties may in their sole discretion make financial contributions, loans or advances to the Authority for the purposes of the Authority set forth in this Agreement. The repayment of such contributions, loans or advances will be on the written terms agreed to by the Party making the contribution, loan or advance and the Authority. ARTICLE 7 WITHDRAWAL AND TERMINATION 7.1 Withdrawal. 7.1.1 General Right to Withdraw. A Party may withdraw its membership in the Authority, effective as of the beginning of the Authority’s fiscal year, by giving no less than 180 days advance written notice of its election to do so, which notice shall be given to the Authority and each Party. Withdrawal of a Party shall require an affirmative vote of the Party’s governing board. 7.1.2 Withdrawal Following Amendment. Notwithstanding Section 7.1.1, a Party may withdraw its membership in the Authority following an amendment to this Agreement provided that the requirements of this Section 7.1.2 are strictly followed. A Party shall be deemed to have withdrawn its membership in the Authority effective 180 days after the Board approves an amendment to this Agreement if the Director representing such Party has provided notice to the other Directors immediately preceding the Board’s vote of the Party’s intention to withdraw its membership in the Authority should the amendment be approved by the Board. 7.1.3 The Right to Withdraw Prior to Program Launch. After receiving bids from power suppliers for the CCA Program, the Authority must provide to the Parties a report from the electrical utility consultant retained by the Authority comparing the Authority’s total estimated electrical rates, the estimated greenhouse gas emissions rate and the amount of estimated renewable energy to be used with that of the incumbent utility. Within 30 days after receiving this report, through its City Manager or a person expressly authorized by the Party, any Party may immediately withdraw 413 October 4, 2016 County Approval Agreement -17- its membership in the Authority by providing written notice of withdrawal to the Authority if the report determines that any one of the following conditions exists: (1) the Authority is unable to provide total electrical rates, as part of its baseline offering to customers, that are equal to or lower than the incumbent utility, (2) the Authority is unable to provide electricity in a manner that has a lower greenhouse gas emissions rate than the incumbent utility, or (3) the Authority will use less qualified renewable energy than the incumbent utility. Any Party who withdraws from the Authority pursuant to this Section 7.1.3 shall not be entitled to any refund of the Initial Costs it has paid to the Authority prior to the date of withdrawal unless the Authority is later terminated pursuant to Section 7.3. In such event, any Initial Costs not expended by the Authority shall be returned to all Parties, including any Party that has withdrawn pursuant to this section, in proportion to the contribution that each made. Notwithstanding anything to the contrary in this Agreement, any Party who withdraws pursuant to this section shall not be responsible for any liabilities or obligations of the Authority after the date of withdrawal, including without limitation any liability arising from power purchase agreements entered into by the Authority. 7.2 Continuing Liability After Withdrawal; Further Assurances; Refund. A Party that withdraws its membership in the Authority under either Section 7.1.1 or 7.1.2 shall be responsible for paying its fair share of costs incurred by the Authority resulting from the Party’s withdrawal, including costs from the resale of power contracts by the Authority to serve the Party’s load and any similar costs directly attributable to the Party’s withdrawal, such costs being limited to those contracts executed while the withdrawing Party was a member, and administrative costs associated thereto. The Parties agree that such costs shall not constitute a debt of the withdrawing Party, accruing interest, or having a maturity date. The Authority may withhold funds otherwise owing to the Party or may require the Party to deposit sufficient funds with the Authority, as reasonably determined by the Authority, to cover the Party’s costs described above. Any amount of the Party’s funds held by the Authority for the benefit of the Party that are not required to pay the Party’s costs described above shall be returned to the Party. The withdrawing party and the Authority shall execute and deliver all further instruments and documents, and take any further action that may be reasonably necessary, as determined by the Board, to effectuate the orderly withdrawal of such Party from membership in the Authority. A withdrawing party has the right to continue to participate in Board discussions and decisions affecting customers of the CCA Program that reside or do business within the jurisdiction of the Party until the withdrawal’s effective date. 7.3 Mutual Termination. This Agreement may be terminated by mutual agreement of all the Parties; provided, however, the foregoing shall not be construed as limiting the rights of a Party to withdraw its membership in the Authority, and thus terminate this Agreement with respect to such withdrawing Party, as described in Section 7.1. 7.4 Disposition of Property upon Termination of Authority. Upon termination of this Agreement as to all Parties, any surplus money or assets in possession of the Authority for use under this Agreement, after payment of all liabilities, costs, expenses, and charges incurred 414 October 4, 2016 County Approval Agreement -18- under this Agreement and under any Authority Documents, shall be returned to the then-existing Parties in proportion to the contributions made by each. ARTICLE 8 MISCELLANEOUS PROVISIONS 8.1 Dispute Resolution. The Parties and the Authority shall make reasonable efforts to settle all disputes arising out of or in connection with this Agreement. Before exercising any remedy provided by law, a Party or the Parties and the Authority shall engage in nonbinding mediation in the manner agreed upon by the Party or Parties and the Authority. The Parties agree that each Party may specifically enforce this section 8.1. In the event that nonbinding mediation is not initiated or does not result in the settlement of a dispute within 120 days after the demand for mediation is made, any Party and the Authority may pursue any remedies provided by law. 8.2 Liability of Directors, Officers, and Employees. The Directors, officers, and employees of the Authority shall use ordinary care and reasonable diligence in the exercise of their powers and in the performance of their duties pursuant to this Agreement. No current or former Director, officer, or employee will be responsible for any act or omission by another Director, officer, or employee. The Authority shall defend, indemnify and hold harmless the individual current and former Directors, officers, and employees for any acts or omissions in the scope of their employment or duties in the manner provided by Government Code Section 995 et seq. Nothing in this section shall be construed to limit the defenses available under the law, to the Parties, the Authority, or its Directors, officers, or employees. 8.3 Indemnification of Parties. The Authority shall acquire such insurance coverage as the Board deems necessary to protect the interests of the Authority, the Parties and the public. Such insurance coverage shall name the Parties and their respective Board or Council members, officers, agents and employees as additional insureds. The Authority shall defend, indemnify and hold harmless the Parties 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 Authority under this Agreement. 8.4 Amendment of this Agreement. This Agreement may be amended in writing by a two-thirds affirmative vote of the entire Board satisfying the requirements described in Section 4.12. Except that, any amendment to the voting provisions in Section 4.12 may only be made by a three-quarters affirmative vote of the entire Board. The Authority shall provide written notice to the Parties at least 30 days in advance of any proposed amendment being considered by the Board. If the proposed amendment is adopted by the Board, the Authority shall provide prompt written notice to all Parties of the effective date of such amendment along with a copy of the amendment. 415 October 4, 2016 County Approval Agreement -19- 8.5 Assignment. Except as otherwise expressly provided in this Agreement, the rights and duties of the Parties may not be assigned or delegated without the advance written consent of all of the other Parties, and any attempt to assign or delegate such rights or duties in contravention of this Section 8.5 shall be null and void. This Agreement shall inure to the benefit of, and be binding upon, the successors and assigns of the Parties. This Section 8.5 does not prohibit a Party from entering into an independent agreement with another agency, person, or entity regarding the financing of that Party’s contributions to the Authority, or the disposition of proceeds which that Party receives under this Agreement, so long as such independent agreement does not affect, or purport to affect, the rights and duties of the Authority or the Parties under this Agreement. 8.6 Severability. If one or more clauses, sentences, paragraphs or provisions of this Agreement shall be held to be unlawful, invalid or unenforceable, it is hereby agreed by the Parties, that the remainder of the Agreement shall not be affected thereby. Such clauses, sentences, paragraphs or provision shall be deemed reformed so as to be lawful, valid and enforced to the maximum extent possible. 8.7 Further Assurances. Each Party agrees to execute and deliver all further instruments and documents, and take any further action that may be reasonably necessary, to effectuate the purposes and intent of this Agreement. 8.8 Execution by Counterparts. This Agreement may be executed in any number of counterparts, and upon execution by all Parties, each executed counterpart shall have the same force and effect as an original instrument and as if all Parties had signed the same instrument. Any signature page of this Agreement may be detached from any counterpart of this Agreement without impairing the legal effect of any signatures thereon, and may be attached to another counterpart of this Agreement identical in form hereto but having attached to it one or more signature pages. 8.9 Parties to be Served Notice. Any notice authorized or required to be given pursuant to this Agreement shall be validly given if served in writing either personally, by deposit in the United States mail, first class postage prepaid with return receipt requested, or by a recognized courier service. Notices given (a) personally or by courier service shall be conclusively deemed received at the time of delivery and receipt and (b) by mail shall be conclusively deemed given 72 hours after the deposit thereof (excluding Saturdays, Sundays and holidays) if the sender receives the return receipt. All notices shall be addressed to the office of the clerk or secretary of the Authority or Party, as the case may be, or such other person designated in writing by the Authority or Party. In addition, a duplicate copy of all notices provided pursuant to this section shall be provided to the Director and alternate Director for each Party. Notices given to one Party shall be copied to all other Parties. Notices given to the Authority shall be copied to all Parties. All notices required hereunder shall be delivered to: The County of Alameda Director, Community Development Agency 416 October 4, 2016 County Approval Agreement -20- 224 West Winton Ave. Hayward, CA 94612 With a copy to: Office of the County Counsel 1221 Oak Street, Suite 450 Oakland, CA 94612 if to [PARTY No. ____] Office of the City Clerk __________________________ __________________________ Office of the City Manager/Administrator __________________________ __________________________ Office of the City Attorney __________________________ __________________________ if to [PARTY No._____ ] Office of the City Clerk __________________________ __________________________ Office of the City Manager/Administrator __________________________ __________________________ Office of the City Attorney __________________________ __________________________ 417 October 4, 2016 County Approval Agreement -21- ARTICLE 9 SIGNATURE IN WITNESS WHEREOF, the Parties hereto have executed this Joint Powers Agreement establishing the East Bay Community Energy Authority. By: Name: Title: Date: Party: 418 9/26/2016 Draft Exhibit A Page 1 EXHIBIT A -LIST OF THE PARTIES (This draft exhibit is based on the assumption that all of the Initial Participants will become Parties. On the Effective Date, this exhibit will be revised to reflect the Parties to this Agreement at that time.)- - 419 9/26/2016 Draft Exhibit B Page 1 DRAFT EXHIBIT B -ANNUAL ENERGY USE (This draft exhibit is based on the assumption that all of the Initial Participants will become Parties. On the Effective Date, this exhibit will be revised to reflect the Parties to this Agreement at that time.) This Exhibit B is effective as of ________________. Party kWh ([YEAR]*) *Data provided by PG&E 420 DRAFT EXHIBIT C - VOTING SHARES (This draft exhibit is based on the assumption that all of the Initial Participants will become Parties. On the Effective Date, this exhibit will be revised to reflect the Parties to this Agreement at that time.) This Exhibit C is effective as of ___________________. Party kWh ([YEAR]*) Voting Share Section 4.11.2 Total *Data provided by PG&E 421 Community Choice Aggregation Feasibility Analysis DRAFT Contra Costa County November, 2016 MRW & Associates, LLC I- 1 Appendix I. MCE’s approval for inclusion of Contra Costa 422 423 424 Attachment B Project Management and JPA Formation Project planning, program development and strategy support $150,000 JPA Agreement, CCE ordinance, General Counsel Services $100,000 Executive/staff salaries (initial 8 months)$400,000 Start up admininistrative costs (office rent, equipment, insurance, etc.)$150,000 TOTAL:$800,000 Technical and Energy Services Technical Feasibility Study/Comparative Analysis $175,000 Implementation Plan Development $50,000 Update operating budget; revenue modeling for finance discussions $10,000 Power Supply RFP, vendor selection and contract negotiations $50,000 Rate Design/Rate Setting $50,000 Utility Service Fees $75,000 Assistance with NEM/FIT programs, registrations and compliance $50,000 CCE Bond $100,000 TOTAL:$560,000 Communications/Customer Enrollment* Logo/Branding/Style Guide $25,000 Interactive website with 3 translations $45,000 Multilingual Collateral Design/Video $40,000 Printing $75,000 Earned and Paid Media $250,000 Community Outreach/Materials for Tabling $25,000 Customer Notifications (2 @ $1.00 each)$400,000 TOTAL:$860,000 Finance/Legal Banking and Credit Services ‐ RFP, Selection, Negotiation and Paperwork $45,000 Power Supply Contract ‐ Legal Services $75,000 TOTAL:$120,000 Regulatory/Legislative Participation in Regulatory Proceedings/Legal $50,000 Monitoring and Reporting $25,000 TOTAL:$75,000 Miscellaneous/Contingency $100,000 TOTAL:$2,515,000 *Assumes 2 notices to 200,000 customers in eligible cities and unincorporated County; includes  cost of design, print and postage (1) Notes & Assumptions: 1. All costs associated with program implementation are fully recoverable through  early program revenues 2. This budget provides an estimate of project hard costs and does not include  internal staff time 3. Approximately $1.0 M of this budget could be covered by a thrid party line of  credit put into place ~ 6 months prior to launch; pre‐revenue credit will require a  guaranty  4. This budget does not include the credit requirements for the cost of power, utility  and supplier deposits, or Agency operational expenses Contra Costa County Community Choice Program DRAFT Implementation Budget (1) 425 426 427 INTERNAL OPERATIONS COMMITTEE-SPECIAL MEETING 10. Meeting Date:12/12/2016   Subject:Rooster and Barking Dog Ordinance Submitted For: Beth Ward, Animal Services Director  Department:Animal Services Referral No.: IOC 16/13   Referral Name: Rooster and Barking Dog Ordinance  Presenter: Beth Ward Contact: Beth Ward (925)  Referral History: On December 6, 2016, the Board of Supervisors referred to the Internal Operations Committee development of an ordinance to authorize administrative penalties for barking dogs and other noisy animals, and to limit the number of roosters on private property in the county unincorporated areas. After receiving feedback from Contra Costa County residents, the Animal Services Department found that the current Dog Barking Ordinance was insufficient and needed to be strengthened. The Animal Services Department also found that the County lacks a Rooster Ordinance governing the number of roosters a resident could own. After researching ordinances around the Bay Area and the State, the Animal Services Director found that Orange and Solano Counties' noise ordinances had the best practices to serve their community needs around noisy animals.  Referral Update: Today will be the first discussion of the proposed ordinance update. Attached is a clean copy of the proposed ordinance update and also a version with tracked changes. Recommendation(s)/Next Step(s): CONSIDER recommendations of the Animal Services Director to update the current Dog Barking Ordinance to authorize administrative penalties for animal noise violations and to prohibit the harboring of more than four roosters on private property, and DETERMINE action to be taken. Fiscal Impact (if any): The fiscal impact is yet to be determined. Attachments Proposed Rooster and Barking Dog Ordinance Update_TRACKED CHANGES 428 Proposed Rooster and Barking Dog Ordinance Update_CLEAN VERSION 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 INTERNAL OPERATIONS COMMITTEE-SPECIAL MEETING 11. Meeting Date:12/12/2016   Subject:2016 YEAR-END REPORT ON COMMITTEE REFERRALS AND THEIR DISPOSITION Submitted For: David Twa, County Administrator  Department:County Administrator Referral No.: N/A   Referral Name: N/A  Presenter: Julie DiMaggio Enea, IOC Staff Contact: Julie DiMaggio Enea 925.335.1077 Referral History: At the end of each calendar year, the Internal Operations Committee reports to the Board its activities and progress made on referrals from the Board. The report generally summarizes each referral, describes the Committee's work on the referral during the calendar year, and includes a recommendation as to the future disposition of the referral. The year-end report provides a basis for a work plan for the ensuing year and helps to ensure continuity for multi-year referrals. Referral Update: Attached is a draft Order to the Board summarizing the activities and accomplishments of the Internal Operations Committee in 2016 and recommending matters for referral to the 2017 Committee.  Recommendation(s)/Next Step(s): REVIEW the Committee's work for 2016 and identify issues to be referred to the 2017 Internal Operations Committee Fiscal Impact (if any): None. Attachments DRAFT 2016 IOC Year-End Productivity Report 446 INTERNAL OPERATIONS COMMITTEE 2016 PRODUCTIVITY REPORT During 2016, the Internal Operations Committee (IOC) received 13 referrals from the Board of Supervisors, made 16 reports to the Board, interviewed 17 candidates and made recommendations to fill 30 seats for certain advisory bodies whose composition requirements must be monitored. Our Committee appreciates the time and effort taken by the staff to the Board’s advisory bodies to recruit, screen, and nominate individuals to our Committee for approval and appointment by the Board. Their efforts in this regard allowed the IOC to focus more of its time on the following subjects: 1. Small Business Enterprise (SBE) and Outreach Programs. The IOC accepted an SBE Program report on October 24, 2016 from the County Administrator’s Office, covering the period January 2015-June 2016, and reported out to the Board of Supervisors on November 8, 2016. This is a standing referral . REFER 2. County Financial Audit Program. Since 2000, the IOC reviews, each February, the annual schedule of audits and best practices studies proposed by the Auditor-Controller. The Auditor- Controller’s Office presented a report of their 2015 audits and the proposed 2016 Audit Schedule to the IOC on February 29, 2016. This is a standing referral. REFER 3. Annual Report on Fleet Internal Service Fund and Disposition of Low Mileage Vehicles. Each year, the Public Works Department Fleet Manager has analyzed the fleet and annual vehicle usage, and made recommendations to the IOC on the budget year vehicle replacements and on the intra-County transfer of underutilized vehicles, in accordance with County policy. In FY 2008/09, following the establishment of an Internal Services Fund (ISF) for the County Fleet, to be administered by Public Works, the Board requested the IOC to review annually the Public Works department report on the fleet and on low-mileage vehicles. The IOC received the 2015 annual fleet report on March 28, 2016 and reported out to the Board of Supervisors on April 12, 2016. This is a standing referral. REFER 4. Local Bid Preference Program. In 2005, the Board of Supervisors adopted the local bid preference ordinance to support small local businesses and stimulate the local economy, at no additional cost to the County. Under the program, if the low bid in a commodities purchase is not from a local vendor, any responsive local vendor who submitted a bid over $25,000 that was within 5% percent of the lowest bid has the option to submit a new bid. The local vendor will be awarded if the new bid is in an amount less than or equal to the lowest responsive bid, allowing the County to favor the local vendor but not at the expense of obtaining the lowest offered price. Since adoption of the ordinance, the IOC has continued to monitor the effects of the program through annual reports prepared and presented by the Purchasing Agent or designee. The Purchasing Services Manager made a report to the IOC on September 26, 2016 and the IOC report out to the Board of Supervisors on November 15, 2016. This is a standing referral. REFER 447 5. Advisory Body Recruitments. On December 12, 2000, the Board of Supervisors approved a policy on the process for recruiting applicants for selected advisory bodies of the Board. This policy requires an open recruitment for all vacancies to At Large seats appointed by the Board. The IOC made a determination that it would conduct interviews for At Large seats on the following bodies: Retirement Board, Fire Advisory Commission, Integrated Pest Management Advisory Committee, Planning Commission, Treasury Oversight Board, Airport Land Use Commission, Aviation Advisory Committee and the Fish & Wildlife Committee; and that screening and nomination to fill At Large seats on all other eligible bodies would be delegated to each body or a subcommittee thereof. In 2016, the IOC submitted recommendations to the Board of Supervisors to fill 30 vacant seats on various committees and commissions. The IOC interviewed 17 individuals for seats on the Airport Land Use Commission, Aviation Advisory Committee, Integrated Pest Management Advisory Committee, East Bay Regional Parks Advisory Committee, Fish & Wildlife Committee, Resource Conservation District, and the Treasury Oversight Committee. In 2017, the IOC will need to recruit and interview for multiple seats on the Retirement Board. This is a standing referral. REFER 6. Process for Allocation of Propagation Funds by the Fish and Wildlife Committee. On November 22, 2010, the IOC received a status report from Department of Conservation and Development (DCD) regarding the allocation of propagation funds by the Fish and Wildlife Committee (FWC). The IOC accepted the report along with a recommendation that IOC conduct a preliminary review of annual FWC grant recommendations prior to Board of Supervisors review. On April 25, 2016 the IOC received a report from DCD proposing, on behalf of the FWC, 2016 Fish and Wildlife Propagation Fund Grant awards. The IOC approved the proposal and, on May 10, recommended grant awards for six projects totaling $22,450, which the Board of Supervisors unanimously approved. This is a standing referral. REFER 7. Advisory Body Triennial Review. Beginning in 2010 and concluding in 2011/2012, the Board of Supervisors conducted an extensive review of advisory body policies and composition, and passed Resolution Nos. 2011/497 and 2011/498, which revised and restated the Board’s governing principles for the bodies. The Resolutions dealt with all bodies, whether created by the BOS as discretionary or those that the BOS is mandated to create by state or federal rules, laws or regulations. The Resolutions directed the CAO/COB’s Office to institute a method to conduct a rotating triennial review of each body and to report on the results of that review and any resulting staff recommendations to the Board, through the IOC, on a regular basis. The first phase report of the current Triennial Review Cycle was considered by the IOC on April 13, 2015. At that time, the Supervisors approved many of the recommendations in the report. However, they also asked the CAO’s Office to return with additional information about a number of the advisory bodies. On October 12, 2015 the IOC accepted the follow-up report from the County Administrator on outstanding issues and information requests stemming from Phase 1 of the Board Advisory Body Triennial Review. The IOC reported back to the Board on December 8 with results of Phase I of the review and recommendations for follow-up. 448 The IOC made four follow-up reports to the Board of Supervisors with additional recommendations, concluding Phase I of the Triennial Review: Reconstitute the Agriculture Task Force, April 2016; Reauthorize and update the Library Commission, April 2016; Modify the bylaws of the Advisory Council on Aging, September 2016; and Abolish the Public and Environmental Health Advisory Board. The IOC will begin reviewing the Phase II Triennial Review recommendations in 2017. REFER 8. Waste Hauler Ordinance. On May 8, 2012, the Board of Supervisors referred to the Internal Operations Committee a proposal to develop a waste hauler ordinance. The IOC received a preliminary report from the Environmental Health (EH) Division of the Health Services Department on May 14, 2012 and status report on November 13, 2013 showing substantial work and progress. The IOC requested EH staff to bring a final draft ordinance to the Committee for further consideration but staff subsequently identified issues with the interplay between the proposal and current franchise agreements that had to be examined before the County could proceed with an ordinance. The IOC has continued to work on a draft ordinance with staff and the franchises throughout 2015 and 2016, and expects to bring a report to the Board of Supervisors in early 2017. As this continues to be a work in progress, we recommend that this referral be continued to the 2017 IOC. REFER 9. Social Media Policy. On June 17, 2014, the Board of Supervisors approved a social media policy governing the use of various online engagement tools by County employees for business communication purposes. The County Administrator requested the Office of Communications and Media, with assistance from Risk Management and County Counsel, to develop guidelines for use and training. Input and direction from the Internal Operations Committee in 2013 and 2014 shaped the contents of the umbrella policy. Due to staffing and resource limitations, the implementation of the policy was deferred to 2016. On March 28, the IOC accepted a status report from the OCM Director on implementation of the social media policy, including staff training plans. TERMINATE 10. Animal Benefit Fund Review. On April 21, 2015, the Board of Supervisors received several comments regarding the Animal Benefit Fund from members of the public during fiscal year 2015/16 budget hearings. As part of budget deliberations, the Board directed staff to include a review of the Animal Benefit Fund to a Board Standing Committee for further review. On May 12, 2015, the Board of Supervisors adopted the fiscal year 2015/16 budget, including formal referral of this issue to the Internal Operations Committee. On September 14, 2015 IOC received a staff report summarizing prior year expenditures and current fund balance of the Animal Benefit Fund. On March 28, 2016, the IOC approved a proposal to expand the animal services donation program and reported out to the Board of Supervisors on April 19, 2016. The Board Order directed the Animal Services Director to report annually to the IOC on the impact of the Animal Benefit Fund on the community and families, creating a new standing referral. REFER 11. Community Choice Energy. On August 18, 2015, the Board of Supervisors referred to the IOC the topic of Community Choice (Energy) Aggregation. Community Choice Aggregation 449 (CCA) is the practice of aggregating consumer electricity demand within a jurisdiction or region for purposes of procuring energy. On March 15, 2016, the Board of Supervisors directed staff to work with interested cities in Contra Costa County to obtain electrical load data from PG&E and conduct a technical study of CCE alternatives. Fourteen Contra Costa cities participated in the study with nine contributing towards the cost of the study. An outside consulted was engage to conduct the study, which was presented to the IOC on December 12, 2016 and will be presented to the Board of Supervisors on January 17, 2017. Pending further direction from the Board on this matter, it is recommended that CCE remain on referral to the IOC. REFER 12. Property Assessed Clean Energy (PACE). On June 16, 2015, the Board of Supervisors approved the recommendation of the IOC to direct the Department of Conservation and Development (DCD) to establish an application process and accept applications from PACE providers to operate within the unincorporated area of the county. The Board also approved the form of an Operating Agreement the County would require PACE providers to enter into with the County as a condition of operations. The purpose of the Operating Agreement is to protect the County and the general public from the potential costs and risk of PACE programs. The Operating Agreement requires PACE providers to participate in the State PACE Loss Reserve Program, disclose financial costs and risks to participating property owners, and indemnify the County from legal claims arising from the operation of PACE programs. On November 17, 2015, the Board of Supervisors approved an Operating Agreement with the Western Riverside Council of Governments (WRCOG) and adopted a resolution authorizing WRCOG to operate the California HERO PACE financing program within the unincorporated area of the county. On November 1, 2016, the Board of Supervisors approved an Operating Agreement with the California Statewide Communities Development Authority (CSCDA) to operate the CaliforniaFirst PACE financing program in the unincorporated area of Contra Costa County. TERMINATE 13. Animal Noise Ordinance Update. On December 6, 2016, the Board of Supervisors referred to the IOC development of an ordinance to authorize administrative penalties for barking dogs and other noisy animals, and to limit the number of roosters on private property in the county unincorporated areas. The IOC received a report and recommendations from the Animal Services Director on December 12, 2016. RECOMMENDED DISPOSITION TO BE DETERMINED. 450 EXHIBIT A LIST OF REFERRALS TO BE REMOVED 9. Social Media Policy 12. Property Assessed Clean Energy (PACE) EXHIBIT B LIST OF ITEMS TO BE REFERRED TO THE 2017 INTERNAL OPERATIONS COMMITTEE Standing Referrals 1. Continued policy oversight and quarterly monitoring of the Small Business Enterprise and Outreach programs, and e-Outreach 2. Review of the annual financial audit schedule 3. Review of annual Master Vehicle Replacement List and disposition of low-mileage vehicles 4. Local Bid Preference Program 5. Advisory Body Candidate Screening/Interview 6. Fish and Wildlife Propagation Fund Allocation 7. Advisory Body Triennial Review 10. Animal Benefit Fund Review Non-Standing Referrals 8. Waste Hauler Ordinance 11. Community Choice Energy Aggregation 13. Animal Noise Ordinance Update 451 2016 Committee: Appointments: Date Appt Interviewed IPM Advisory Cte 3/8/2016 3 7 HazMat Comm 3/8/2016 5 0 Treasury Oversight Comm 5/10/2016 2 1 Retirement Board 5/10/2016 1 0 Planning Comm 5/10/2016 1 0 Advisory Fire Comm 5/10/2016 1 0 Airport Land Use Comm 6/7/2016 1 1 Affordable Housing Fin Comm 6/7/2016 3 0 EBRPD Park Advisory Comm 9/13/2016 1 1 Fish & Wildlife Comm 9/13/2016 1 3 HazMat Comm 10/18/2016 1 2 Resource Conservation District 10/24/2016 2 0 Law Library 12/20/2016 1 0 Mosquito & Vector Control 12/20/2016 2 0 Fish & Wildlife Comm 12/20/2016 2 6? Aviation Advisory Committee 12/20/2016 2 4? Resource Conservation District 12/20/2016 1 2 30 17 Reports to BOS: Internal Audit Schedule NA Community Choice Energy Tech Study 3/15/2016 2015 Annual Report Internal Service Fund for Fleet 4/12/2016 Reconstitute Ag Task Force 4/19/2016 Animal Benefit Fund 4/19/2016 Reauthorize the Library Comm 4/26/2016 Fish & Wildlife Propagation Funds 5/10/2016 PACE Operating Agreement HERO 6/21/2016 Add'l Fish & Wildlife Propagation Fund 9/13/2016 Adv Council on Aging Bylaws 9/20/2016 PACE Operating Agreement - CA First 11/1/2016 Abolish PEHAB 11/15/2016 Local Bid Preference Program 11/15/2016 SBE/Outreach Annual Report 11/8/2016 Community Choice Energy Tech Study 1/17/2017 Animal Noise Ordinance 12/20/2016 Year-End Report 1/10/2017 452