CC 2021-04-13_06f 3CE Presentation Member Agency Update3CE Annual Member Agency UpdateCity of Arroyo GrandeApril 13, 2021Item 6.f. - Page 1
How Does CCA Work?“A Partnership to support shared customers”Item 6.f. - Page 2
We are Now 3CEEffective Sept. 4, 2020 Tag Line: “Clean Energy. Local Control”Website: www.3cenergy.orgItem 6.f. - Page 3
WHO WE ARE?Item 6.f. - Page 4
3CE GovernancePolicy Board:Meets 4 Times Annually including Annual MeetingOperations Board:Meets 10 Times Annually including Annual MeetingCommunity Advisory Council: Meets 7 Times Annually including Annual MeetingCounty of Santa CruzCounty of Santa CruzCity of Santa CruzCity of Santa CruzCity of WatsonvilleCity of WatsonvilleCounty of MontereyCounty of MontereyCity of SalinasCity of SalinasCounty of San BenitoCounty of San BenitoCounty of Santa BarbaraCounty of Santa BarbaraCity of Santa MariaCity of Santa MariaCounty of Santa CruzCity of Santa CruzCity of WatsonvilleCounty of MontereyCity of SalinasCounty of San BenitoCounty of Santa BarbaraCity of Santa MariaCoastal CitiesMarina*Sand CitySeasideDel Rey OaksCoastal CitiesMarina*Sand CitySeasideDel Rey OaksPeninsula CitiesCarmelMonterey*Pacific GroveSalinas CitiesGreenfieldGonzales*SoledadSalinas CitiesGreenfieldGonzales*SoledadSan Benito CitiesHollisterSan Juan Bautista*San Benito CitiesHollisterSan Juan Bautista*Santa Cruz CitiesCapitolaScotts Valley*Santa Cruz CitiesCapitolaScotts Valley*San Luis Obispo CitiesSan Luis Obispo*Morro BayPaso RoblesSan Luis Obispo CitiesSan Luis Obispo*Morro BayPaso RoblesSouth County CitiesArroyo GrandeGrover Beach*Pismo BeachSouth County CitiesArroyo GrandeGrover Beach*Pismo BeachSB County CitiesGuadalupe*SolvangBuelltonSB County CitiesGuadalupe*SolvangBuelltonSB County CitiesGoleta*CarpinteriaSB County CitiesGoleta*CarpinteriaCoastal CitiesMarina*Sand CitySeasideDel Rey OaksPeninsula CitiesCarmelMonterey*Pacific GroveSalinas CitiesGreenfieldGonzales*SoledadSan Benito CitiesHollisterSan Juan Bautista*Santa Cruz CitiesCapitolaScotts Valley*San Luis Obispo CitiesSan Luis Obispo*Morro BayPaso RoblesSouth County CitiesArroyo GrandeGrover Beach*Pismo BeachSB County CitiesGuadalupe*SolvangBuelltonSB County CitiesGoleta*Carpinteria*City representative currently serving in a shared seat.Item 6.f. - Page 5
CCCE ACCOMPLISHMENTSLocal ChoiceEconomic VitalityLocal SupportFinancial StabilityClean Energy•MBchoice – carbon free offering •MBprime – 100% renewable offering •95% enrollment•Contracts with Local Vendors Over $800,000• 32 full time employees•2 offices – Monterey & San Luis Obispo• Received an A rating with S&P•Over $140 Million in Rate Stabilization Fund•Service and Loans Paid Off • 450 MWs of Renewables – solar, wind, geothermal•200 MWs of battery storage•Pathway to 100% clean & renewable•$12 million –Energy programs •$50+ million –Customer savings•$25 million –Resiliency FundItem 6.f. - Page 6
3CE HISTORIC RATES & COVID-19 RESPONSE20183% rebate20195% rebateJan – April 20207% monthly discountMay & June 202050% Bill ReductionJuly 2020 –Sep 2021 2% discount• $50 million savings relative to PG&E for all Customer Groups since 3CE launched Operation in March 2018• Reduction of 50% in 3CE Electric Generation Charges in May & June 2020 for a Cumulative Bill Reduction of approximately $24 Million Item 6.f. - Page 7
Photo Credit: 2020 Rutgers, The State University of New JerseyItem 6.f. - Page 8
PRIMARY OFFERING AT COMPETITIVE RATES •Default service offering, with electricity sourced by clean and renewable energy sources•60% Clean & Renewable by 2025•100% Clean & Renewable by 2030 (monthly balanced from new projects)$0.008/kWh MORE THAN 3Cchoice•100% from RPS compliant energy sourcesService OfferingsItem 6.f. - Page 9
Overview:• 3% of gross revenue set aside in 2021 to focus on electrification and fuel-switching• $1.3 million in FY 18/19• $5.4 million in FY 19/20• $6.2 million in FY 20/21 Electrification in building and transportation sectors could result in $3 billion of untapped revenue market wide3CE Energy ProgramsFY 20/21 Energy ProgramsCALeVIP EV infrastructure Program - $1.2 millionNew Construction Electrification Grants - $20kSchool Bus Electrification - $2.4 millionAgriculture Electrification - $568kResidential Electrification - $324kResidential Resiliency - $1 millionElectrification Education Grants - $308kGHG inventories for member agencies - $70k Reach code incentive for member agencies -$60kGeneral Support and Future Development -$224k10Item 6.f. - Page 10
Item 6.f. - Page 11
Item 6.f. - Page 12
Item 6.f. - Page 13
Member Agency GHG Emissions Inventories • Supports regional climate action planning efforts• Captures 2018, 2019, and 2020 inventories for all Central Coast jurisdictions (Santa Cruz Co. – Santa Barbara Co.)• Partnership with Association of Monterey Bay Area Governments • Connecting the Central Coast under one regional GHG emissions inventoryItem 6.f. - Page 14
2021 ENROLLMENT LOAD BY COMMUNITYReport is current as of the 3/10/21 4013 received from PG&E. Item 6.f. - Page 15
ARROYO GRANDE BY THE NUMBERS(95.7% Enrollment)•7,713of 8,060 eligible accounts enrolled• 6,380 Residential customers• 793 Non-Residential customers• 23,285,284 kWhs of annual consumptionItem 6.f. - Page 16
A Unified Central Coast CCAKey Updates :• Satellite Office in San Luis Obispo• Pathway to achieve 100% clean and renewable energy by 2030• Leveraging Community Advisory Council for outreach and non-voting seat participation on Operations & Policy Boards• Engaging with the community around development of future programs• Enrollment of over 140k customers in 2021 & 2022 across 12 communitiesItem 6.f. - Page 17
Stay Connected with 3CEFollow us online, join our newsletter and board agenda notification list, and check our extensive FAQ section on the website.www.3Cenergy.orginfo@3CE.org1.888.909.6277@3CEnergy @3CEnergy @3CEnergyEnEspanolItem 6.f. - Page 18