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HomeMy WebLinkAbout13 Adoption of AB 2021 10-Year Energy Efficiency Targets AGENDA ITEM 13 Page 1 of 2 MEETING DATE: March 3, 2021 TO: Board of Directors FROM: Michael Salmon, CFO SUBJECT: Consideration of Adoption of AB 2021 10-Year Energy Efficiency Targets APPROVED BY______________________________ Brian C. Wright, Interim General Manager/ Water Utility Director RECOMMENDATION: Adopt Truckee Donner Public Utility District’s 10-year energy efficiency targets for the period 2022 through 2031 as Net Energy Savings of 3,079 MWh and Net Demand Savings of 331 kW. BACKGROUND: SB 1037, signed in September 2005, requires Publicly-Owned Utilities (POUs) to invest in cost-effective energy efficiency as the first resource in their electric resource portfolio. This is the funding source for the District’s energy efficiency and payment assistance programs and is collected from customers on monthly electric bills. AB 2021, signed in September 2006, requires POUs to identify all potentially achievable cost-effective electricity efficiency savings and to set annual targets for energy efficiency savings and demand reduction over 10 years. The first report was due on or before June 1, 2007. AB 2021 required updates every 3 years afterwards. The bill also requires POUs to report those targets to the California Energy Commission (CEC) within 60 days of adoption. The District adopted targets in 2007 and again in 2010 and 2013. AB 2227 was signed in September 2012. AB 2227 requires updates every four (4) years instead of every three years. The District last adopted targets in 2017. The targets ranged from 1.1% in 2007 to .45% in 2017 of MWh sold per year. The District has had a solid track-record of cost-effective energy efficiency programs and solid results. However, due in part to saturation of previous program - such as energy efficient lighting - and efficiency upgrades to Codes & Standards, cost-effective energy efficiency opportunities have been dwindling. The District has also started to shift resources to electrification and overall Page 2 of 2 Greenhouse Gas (GHG) reduction opportunities. The District is required to establish the 2022-2031 energy efficiency targets and report those targets to the CEC. On behalf of its members, the California Municipal Utility Association (CMUA) issued a Request for Proposals and, as a result, has contracted with GDS Associates (GDS) to develop the goals for energy efficiency for each CMUA member utility (including the District). GDS s reviewed historical and proposed sales by customer class, energy efficiency technical and cost potential, and the feasible goals that could be set by the District for the next 10 years to meet this potential. A summary of the market potential by customer class is attached for both gross and net energy savings and demand savings targets (Attachments 1 & 2). The incremental market potential goals represent the feasible energy efficiency savings that can be achieved by the District and that are proposed for adoption by the District. Targets are presented as both gross and net - and the District does use both for program tracking purposes - but for formal adoption and reporting to the CEC the District uses Net Energy Efficiency Targets. The proposed District 2022-2031 10-year Net Energy Efficiency Targets are:  Net Energy Savings: 3,079 MWh; and  Net Demand Savings: 331 kW These proposed targets represent a range of .35% to .1% of MWh sold per year based on the recommendation of GDS. While these Targets are approximately 45% below the 10- year targets set in 2017, they do continue to demonstrate the impacts of saturation and diminishing returns for energy efficiency programs. They are however, robust targets and will require innovative District programs to exceed the targets. The funding levels for energy efficiency programs remains consistent, while the return on investment does reflect the realities of conservation saturation. Funds spent to achieve these targets will also need to be balanced against opportunities in electrification and overall cost-effective GHG reduction. Staff will bring such future opportunities to the Board for review. Adopting these ten year energy efficiency targets meets regulatory compliance obligations. The information gained from the GDS study helps the District to understand the energy efficiency market potential and design programs that are tailored to meet the needs of the District’s community. FISCAL IMPACT: The costs for the GDS study are included in the dues paid to CMUA and are included in the approved FY21 budget. The costs for the District’s energy efficiency programs are included in the annual budgets and will be included in future years. There is no direct fiscal impact associated with this Action Item. ATTACHMENTS: Attachment 1: Net Energy Efficiency Targets Attachment 2: Gross Energy Efficiency Targets