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HomeMy WebLinkAbout22 Workshop on Clean Reliable and Affordable Electric Serviceenda Item # To: Board of Directors From: Steven Poncelet Date: May 16, 2018 Subject: Clean, Reliable, and Affordable Electric Service 22 1. WHY THIS MATTER IS BEFORE THE BOARD This Board item, Clean, Reliable, and Affordable Electric Service, is the fifth in a new series of Board workshops concerning how we communicate with and serve our customers and community. 2. HISTORY The Mission of Truckee Donner Public Utility District is to provide reliable, high quality water and electrical power services while meeting customer demand, and to manage District resources in a safe, open, responsible, environmentally sound manner at the lowest practical cost. To achieve this mission, the District operates an electric and water utility along with the necessary supporting departments and programs. It is imperative, given the complexity of the energy and water sectors, that the District communicate effectively with our customers and community in order to educate them on the value of public power and water and to engage customers to participate in the many programs and services that we offer. These communication and outreach efforts, along with the associated programs and servicesI fall into well known themes that communicate the essence of how the District's efforts serve our customers. Our current key themes include: • The Best Water Right From Your Tap (9/6/17); • Save Energy, Water, Money and Live More Comfortably (10/4/17); • The Facts of Mountain Living (11/1/17); • Your Public -Owned Local Electric and Water Utility (12/6/17); • Clean, Reliable, and Affordable Electric Services (5/6/18); • Truckee is EV Friendly (future); • Your On -Line Account Anywhere (future); and • Your Local Community Partner (future). 3. NEW INFORMATION Clean, Reliable, and Affordable Electric Service: This theme is at the heart of the District's electric utility and the need to balance rates, renewables, and reliability when procuring electric resources, investing in infrastructure, and operating the electric utility. Balancing the need for competitive rates, additional carbon -free sources of electricity, and flexible/base-loaded resources were key considerations in the District's recent consideration of the UAMPS Carbon Free Power Project. They will continue to be important as California considers new legislation and mandates for 100% clean electricity along with the Town of Truckee's recent Resolutions calling for 100% clean electricity for the Town's own usage by 2020 and community -wide by 2030. Clean, Reliable, and Affordable Electric Service addresses: • Continuing to integrate clean/carbon-free electric resources into the District's portfolio; • Investing in system reliability; and • Keeping costs affordable for all of the District's customers. The District has been very successful in transitioning from carbon -based electric resources to renewable/carbon-free resources achieving a 67% Renewable Portfolio Standard (RPS) in 2017 as defined by the California Energy Commission (CEC). This number for 2017 rises to 81 % when counting a one-time purchase of Renewable Energy Credits (REC's). The District has achieved this impressive result by building a diversified portfolio of clean electricity resources including wind, solar, small hydro, landfill gas, and heat recovery. Equally impressive, however, is achieving this result while maintaining stable and competitive rates plus investing in system reliability. Stable and competitive electric rates are bricks and mortar for a vibrant economy and community. The District's electric rates are amongst the lowest in California and competitive with Truckee's other electric supplier (Liberty Utilities). While the District and Liberty's rates are comparable today, the District is providing over twice the RPS that Liberty provides and the District's 10-year financial master plan has electric rates rising at or below inflation. The District's electric rates are significantly lower than the other local electric supplier, and California's largest electric supplier, Pacific Gas and Electric (PG&E). The District has kept electric rates competitive by investing in cost- effective electric resources and operational excellence. While providing clean electricity at competitive rates in important, customers expect and demand a very high level of reliability from their electric supplier. The District's customers are no different despite the challenging mountain environment in which the District operates the electric distribution system. The District has improved the reliability of our electric system by making significant investments in vegetation management/tree-trimming, modern protection equipment, and a highly trained workforce. The District's excellent electric system reliability was recognized nrPviniicly by nnhiPvinn the AmPriran Piihlin PnwPr Assnrintinn'q (APPA's) RPliahlP Public Power supplier (RP3) gold designation. In 2018, the District again achieved the RP3 designation but improved even further to the platinum level. The District does truly provide clean, reliable, and affordable electric service. 4. FISCAL IMPACT There is no fiscal impact associated with this workshop item. 5. RECOMMENDATION Provide input to staff. /I/ / Or// beooll - Steven Poncelet Public Information & Strategic Affairs Directo Michael D. Holley General Manager