Item #3- CES Proposed Budget Presentation — original pdf

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FY 2021 CES Proposed Budget - Overview Deborah Kimberly VP, Customer Energy Solutions Revised 7-16-2020 © 2018 Austin Energy Achieve Council-Established Goals Efficiency: Achieve energy efficiency savings equal to at least 1% per annum of retail sales, targeting a total of at least 1,200 MW DSM by 2030 (of which 225 MW economic peak demand response capacity by 2030). Solar: 375 MW local solar by 2030 with 200 MW customer sited. Carbon Free: 86% of Austin Energy’s electricity generation will be carbon-free by year-end 2025, 93% will be carbon-free by ear-end 2030, and all generation resources will be carbon-free by2035. DSM Budget Low Income: Target serving at least 25,000 residential and business customer participants per year for all CES programs (Energy Efficiency, Austin Energy Green Building, Demand Response and Solar) with at least 25% of those customers being limited-income customers. 2 FY 2021 Customer Energy Solutions Budget Summary $ f o s n o i l l i M $60.0 $50.0 $40.0 $30.0 $20.0 $10.0 $0.0 140 130 120 110 100 90 80 s e e y o p m E l $ f o s n o i l l i M $10.0 $8.0 $6.0 $4.0 $2.0 $0.0 O&M Budget Employees CIP Plan CIP Actual FY 16 FY 17 FY 18 FY 19 Estimate Proposed FY 20 FY 21 • FY21 proposed budget meets or exceeds all Council and GenPlan goals annual savings • Demand side management budget of $39M – 73 MW target; 1% • Solar incentive budget totals $5.275M – 12 MW target • 2 new FTEs included in Green Building/EVET Proposed Budget • DC fast charging stations expenses of $0.5M in FY2021 Labor and Benefits Contractuals Energy Efficiency Incentives Solar Program 3 On track to achieve 1,200 Megawatts (MW) of demand reduction savings and 375 MW of local solar by 2030. COMMUNITY BENEFIT CHARGE - ENERGY EFFICIENCY INCENTIVES BUDGET COMPONENT Customer Assistance Program Weatherization Direct Install COMMUNITY BENEFIT CHARGE (CBC) CUSTOMER ASSISTANCE PROGRAM (CAP) RECOVERABLE INCENTIVES TOTAL AE Weatherization - Direct Install Multi-Family Rebates Multi-Family Weatherization-Direct Install Loan Options Commercial-Existing Construction Small Businesses Green Building Commercial Power Partner Residential Solar Program Commercial Solar Performance Based Incentive Residential Power Partner-Aggregate Load Coop Thermal Energy Storage Home Performance with Energy Star School Based Education Appliance Efficiency Program Water Heater Timers Electric Vehicle Incentives Direct Install Partners and Events SPUR Strategic Partnership with Utilities & Retailers Municipal Conservation Program TOTAL CBC - ENERGY EFFICIENCY SERVICES INCENTIVES TOTAL FY20 AMENDED BUDGET FY21 PROPOSED BUDGET $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,277,000 $ 1,277,000 $ 1,060,000 $ 900,000 $ 1,060,000 $ 1,800,000 $ 100,000 $ 100,000 $ 2,335,123 $ 2,250,000 $ 2,260,168 $ 1,100,000 $ - $ - $ 3,000,000 $ 2,500,000 $ 2,500,000 $ 2,750,000 $ 1,499,910 $ 1,499,910 $ 1,486,500 $ 1,850,000 $ - $ 1,800,000 $ 1,500,000 $ 200,000 $ 200,000 $ 1,600,000 $ 1,800,000 $ 494,800 $ 200,000 $ 450,000 $ 450,000 $ - $ 100,000 $ 1,000,000 $ 1,150,000 $ 60,000 $ - $ 22,183,501 $ 21,426,910 TOTAL ALL CBC RECOVERABLE INCENTIVES $ 23,183,501 $ 22,426,910 4 MW Goal Progress 5 Residential Program MW Goals – FY20 Projected & FY21 Proposed* 8.6 MW 20.0 MW 7 MW 25.00 20.00 15.00 10.00 5.00 0.00 18.8 MW 5.90 6.08 1.26 0.75 0.52 1.64 1.75 0.33 0.01 GB- Residential Energy Code DR- Power Partner EES- Multifamily WX-D.I. EES- Multifamily Rebates EES- Home Performance ES - Rebate EES- Appliance Efficiency Program EES- Strategic Partnership Between Utilities and Retailers EES- AE Weatherization & CAP Weatherization - D.I. GB- Residential Ratings EES-School Based Education 4.92 6.40 1.20 0.75 1.30 2.60 1.75 0.52 0.01 0.51 0.56 2020 MW PROJECTIONS 2021 PROPOSED MW SAVINGS *CBC Recoverable Programs, unaudited, SPUR Strategic Partnership between Utilities and Retailers (point of sale discounts). 6 Commercial Program MW Goals – FY20 Projected & FY21 Proposed* 2.8 MW 5 MW 60.00 50.00 40.00 30.00 20.00 10.00 0.00 47.3 MW 8.08 22.32 1.80 1.87 4.92 0.47 6.44 1.44 49.5 MW 7.00 20.45 2.50 2.00 7.86 0.20 8.00 1.45 Commercial Rebate Commercial Energy Code Small Business Load Coop Multifamily Energy Code Water Heater Timers Commercial Ratings Multifamily Ratings 2020 MW PROJECTIONS 2021 PROPOSED MW SAVINGS *CBC Recoverable Programs, unaudited. ERS demand savings from program inception is 17 MW 7 8 In Closing • Despite global pandemic on track to hit ~95% of MW goals • Moved majority of inspections to virtual/remote which gains efficiency and maintains health and safety of the community • Key initiatives: • Outreach - Low income communities targeted events prior to pandemic, focus on food banks and churches. Targeted mailings, print ads, billboards, bus ads, social media campaigns • Program Streamlining - simplified rebates, updated incentives • Continue to strive to reach more customers with a keen focus on equality and equity 9 10 Confidential & Proprietary ©2018 Austin Energy. All rights reserved. Austin Energy and the Austin Energy logo and combinations thereof are trademarks of Austin Energy, the electric department of the City of Austin, Texas. Other names are for informational purposes only and may be trademarks of their respective owners. Confidential & Proprietary ©2018 Austin Energy. All rights reserved. Austin Energy and the Austin Energy logo and combinations thereof are trademarks of Austin Energy, the electric department of the City of Austin, Texas. Other names are for informational purposes only and may be trademarks of their respective owners.