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HomeMy WebLinkAbout12,UAMPS Lock-In Pool Appendix 4-2017 thru 3-2022 Action Item #12 March 19, 2014 April 1, 2017 thru March 31, 2022 Appendix for a Market Purchase, -UAMPS “Lock UAMPS “Lock VolatilityResource DiversityCostResourcesRenewableContract DurationConservation Power Supply : BalancesFuture 2 District’s future power supply is intended to balance:•Greater conservation will reduce market purchases–Offsets growth that would otherwise require additional resources–3% of total load -Conservation is expected to account for 1•the next three yearsForecast assumes that load increases by 1% annually over •purchasesConservation is considered First Resource for all new energy Background / History Appendix for a Market Purchasein” Planned Pool - UAMPS “Lock 3 product terminates The new product would start after the existing five year •yearsbe interested in extending a purchase for an additional five UAMPS has been asked by many of its members who may •year market purchase that ends March 31, 2017-District has an existing UAMPS Pooling Appendix for a five•Background / History Appendix for a Market Purchasein” Planned Pool - New Information Appendix for a Market Purchasein” Planned Pool -UAMPS “Lock 4 in” Appendix-the corresponding confirmation to the “LockMWh or less, then the member would be obligated to sign If UAMPS is able to procure a market resource for $49 per •UAMPS will shop this product to the electric market•supplying companyProduct consists of unspecified sources of power from the •of power they desire by March 21, 2014UAMPS has requested its members to indicate the amount •year firm product beginning April 2017In” Pooling Appendix for a five -UAMPS provided a “Lock• New Information Appendix for a Market Purchasein” Planned Pool -UAMPS “Lock 5 seasonally fixed amountMonthly amounts will follow the District’s load closer than a —rather than seasonallyDistrict may request monthly amounts to shape this product •Still meet the firm energy requirements of the contract—contract,This product resource mix may change during the life of the •Starting April 1, 2012 thru March 31, 2017 (5 Years)• New Information MW flat4.6-March 3.0 MW flat-September 8.1 MW flat-February 3.4 MW flat-August 8.2 MW flat-January MW flat4.5-July MW flat7.3-December 2.7 MW flat-June4.3 MW flat-November MW flat3.2-May 2.8 MW flat-October 3.8 MW flat-April Winter MonthsSummer Months Appendix for a Market Purchasein” Planned Pool -UAMPS “Lock 6 Years 2017 thru 2022 flat•samePeak amounts are the -Peak and Off-Flat shape means On•The requested amount will be a flat monthly amount • New Information Appendix for a Market Purchasein” Planned Pool -UAMPS “Lock 7 New Information Appendix for a Market Purchasein” Planned Pool -UAMPS “Lock 8 Fiscal Impact Appendix for a Market Purchasein” Planned Pool -UAMPS “Lock 9 Gonder delivery pointsThe price will be $49 per MWh or lower at Mona and/or •Stabilize rates for our customers•The Product will represent approximately 35% of portfolio• Recommendation Appendix for a Market Purchasein” Planned Pool -UAMPS “Lock 10 April 1, 2017 thru March 31, 2022and energy not to exceed the price of $49 per MWh from corresponding confirmation for the purchase of firm capacity in” Planned Pool Appendix and -Approve the UAMPS “Lock•