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Year 4 Small ZREC Tariff I nfo rma tio na l We b ina r Ja nua ry - - PowerPoint PPT Presentation

Year 4 Small ZREC Tariff I nfo rma tio na l We b ina r Ja nua ry 25, 2016 Program Overview Christie Bra dwa y, E ve rso urc e Ga ry Zie la nski, UI Presentation Questions Sub mit q ue stio ns via e ma il o nly: L RE C.ZRE C@ e


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SLIDE 1

Year 4 Small ZREC Tariff

I nfo rma tio na l We b ina r Ja nua ry 25, 2016

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SLIDE 2

Program Overview

Christie Bra dwa y, E ve rso urc e Ga ry Zie la nski, UI

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SLIDE 3

Presentation Questions

  • Sub mit q ue stio ns via e ma il o nly:
  • L

RE C.ZRE C@ e ve rso urc e .c o m

  • Ple a se do no t sub mit q ue stio ns via Go T
  • We b ina r. Only e ma ile d

q ue stio ns will b e a ddre sse d.

  • Ma ste r list o f a ll q ue stio ns a nd a nswe rs will b e se nt

to a ll we b ina r pa rtic ipa nts.

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SLIDE 4

Small ZREC Tariff is the Controlling Document

I n the e ve nt o f a ny inc o nsiste nc y b e twe e n the pro visio ns o f the Sma ll ZRE C T a riff o r a ny pa rt this pre se nta tio n, the pro visio ns o f the Sma ll ZRE C T a riff a re c o ntro lling . Applic a nts sho uld re vie w the Sma ll ZRE C T a riff a nd a ll a sso c ia te d do c ume nts, inc luding the T e rms a nd Co nditio ns a nd Se rvic e Ag re e me nts, tho ro ug hly a nd sub mit the ir Applic a tio ns b a se d upo n the Sma ll ZRE C T a riff, whic h will so le ly g o ve rn the tra nsa c tio ns b e twe e n the se le c te d Applic a nts a nd the ir c o unte rpa rty Co mpa ny thro ug h the te rm o f the re sulting Sma ll ZRE C T a riff.

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SLIDE 5

Procurement Process

  • Co mpe titive So lic ita tio n – (RF

P)

  • Ye a r 4 Sma ll ZRE

C T a riff

Project Type Size Annual Budget Renewable Energy Credit Price Cap Large ZRECs ≥250 kW to 1,000 kW Approximately $2.7 M Max = TBD Medium ZRECs >100 kW < 250 kW Approximately $2.7 M Max = TBD LRECs Up to 2,000 kW $4 M

  • Max. $200/REC

Project Type Size Annual Budget Renewable Energy Credit Price Cap Small ZRECs Up to 100 kW Approximately $2.7 M Weighted Average of the Medium ZREC price + 10%

  • UI = $80.31 (proposed)
  • Eversource = $82.58 (proposed)
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SLIDE 6

Small ZREC Eligibility

  • NE

W: Se c tion 2(f) of Public Ac t 15-194 – “SHRE C Program”

  • Any c usto me r o f a n E

le c tric Distrib utio n Co mpa ny tha t is e lig ib le fo r the re side ntia l so la r inve stme nt pro g ra m sha ll no t b e e lig ib le fo r sma ll ze ro -e missio n re ne wa b le e ne rg y c re dits pursua nt to se c tio n 16-244s.”

  • I

f yo ur pro je c t q ualifie s fo r the Co nne c tic ut Gre e n Bank's Re side ntial So lar I nve stme nt Pro g ram, it no lo ng e r q ualifie s fo r the Small Z RE C pro g ram. – Se e Slide 16 fo r mo re info rmatio n

  • Must b e lo c a te d b e hind a c o ntra c ting utility re ve nue me te r a nd

ha ve a de dic a te d RE C me te r

  • Must no t ha ve re c e ive d funding / g ra nts fro m CT

Gre e n Ba nk o r its pre de c e sso rs CE F I A o r the CCE F (o the r tha n lo w c o st fina nc ing )

  • Pro je c ts must b e in se rvic e o n, o r a fte r, July 1, 2011
  • No la rg e r tha n 100 kW (Ple a se no te Se c tio n 3.3 o f the T

&C’ s)

  • Must ha ve ze ro e missio ns (Ma y inc lude so la r, hydro a nd wind)
  • Must b e e lig ib le to q ua lify a s a Cla ss I

Re ne wa b le Pro je c t (CT PURA a pplic a tio n a nd a ppro va l pro c e ss)

  • Must c e rtify site c o ntro l (3 sig na ture s a nd a no ta ry re q uire d)
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SLIDE 7

Year 3 Small ZREC Review

  • Pursua nt to Se c tio n 1.8 o f the Rule s a nd Pro c e ss fo r

sub mitting Applic a tio ns fo r the Sma ll ZRE C T a riff, the Applic a tio ns tha t we re in the sta ndb y q ue ue e xpire d whe n the pro c ure me nt pla ns we re file d.

  • E

ve rso urc e : Ja nua ry 7, 2016 & UI : De c e mb e r 29, 2015

  • Ye a r 3 sta ndb y lists do no t c a rry fo rwa rd to Ye a r 4

Eversource ($80.97/REC) UI ($84.04/REC) # of Applicants 601 95 # of Executed Service Agreements 402 74

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SLIDE 8

Year 4 Small ZREC Current Status

  • UI

: Ye a r 4 Me dium & L a rg e ZRE C RF P c o mple te d a nd a ppro ve d b y PURA

  • E

ve rso urc e Ye a r 4 Me dium ZRE C RF P c o mple te d a nd a ppro ve d b y PURA, so me L a rg e ZRE C a nd L RE C c o ntra c ts pe nding a ppro va l

  • Sma ll ZRE

C pric e s ha ve b e e n file d with PURA

(We ig hte d Ave ra g e Me dium ZRE C pric e *10%)

  • Pro po se d UI Ra te = $80.31/ RE

C

  • Pro po se d E

ve rso urc e Ra te = $82.58/ RE C

  • Ye a r 4 Sma ll ZRE

C T wo- We e k Window

  • will ope n a t 1:00pm E

ST

  • n F

rida y, F e b rua ry 12, 2016,

  • will c lose a t 1:00pm E

ST

  • n F

rida y, F e b rua ry 26, 2016

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SLIDE 9

Key Program Documents

  • PURA’ s April 4, 2012 De c isio n in Do c ke t 11-12-06
  • So lic ita tio n Pla n fo r L

RE Cs a nd ZRE Cs

  • Pub lic Ac t 15-194 (Se c tio n 2(f))
  • Sma ll ZRE

C T a riff*

  • F
  • rm o f Se rvic e Ag re e me nt*
  • T

e rms & Co nditio ns*

*Spe c ific to e a c h Co mpa ny

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SLIDE 10

Key Program Documents

(Continued)

  • Rule s a nd Pro c e ss fo r Sub mitting Applic a tio ns fo r

Sma ll ZRE C T a riff

  • Que stio n a nd Answe r Do c ume nt (upda te d

pe rio dic a lly)

  • F
  • r UI

: Guide line s a nd I nstruc tio ns to fill o ut Applic a tio n fo r Sma ll ZRE C T a riff

  • F
  • r E

ve rso urc e : Summa ry o f Re q uire d Applic a tio n I nfo rma tio n

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SLIDE 11

Year 4 Small ZREC Budget

  • E

ve rso urc e ~ $2.13 M (+ a ny Yr 4 L / M & Yr 3 unc o mmitte d $)

  • UI

~ $533K (+ a ny Yr 4 L / M & Yr 3 unc o mmitte d $)

  • T

he c o mpa nie s c a nno t a ntic ipa te the numb e r o f se le c te d pro je c ts due to pro je c t size va ria b ility

Project Type Size Annual Budget REC Price Cap Small ZREC Up to 100 kW

  • Approx. $2.7M

Weighted average of the medium ZREC price + 10% up to $281.52/REC

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SLIDE 12

Sample Calculation for a Eversource Customer

  • E

xa mple – 50 kW So la r Pro je c t fo r a n E ve rso urc e Custo me r

  • Ma ximum Annua l Qua ntity=
  • 50 kW * 8760 Ho urs * 16.9% Ca p F

a c to r * 1.05 / 1000 = 78 RE Cs

  • Ma ximum Annua l Pa yme nts =
  • $82.58/ RE

C * 78 RE Cs/ ye a r ~ $6,441

  • Ma ximum T
  • ta l Pa yme nts o ve r 15 ye a rs ~ $96,619
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SLIDE 13

Instructions for Application Submission and Contract Execution/Management

L a ura Stilwe ll, E ve rso urc e Aa ro n Dub a uska s, E ve rso urc e

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SLIDE 14

Step 1 How to apply for the Small ZREC Tariff Program

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SLIDE 15

Key Changes from Year 3 Small ZREC Tariff

  • So la r Ca pa c ity F

a c to rs

  • F

ixe d T ilt

  • Sing le Axis
  • Dua l Axis
  • F
  • r E

ve rso urc e : Yo u ma y no lo ng e r e dit a n Applic a tio n a fte r sub mitta l

  • F
  • r UI

: Applic a tio n Ce rtific a tio n F

  • rms will no w b e

a tta c he d to Pa g e 5 o f the Applic a tio n

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SLIDE 16

Key Changes from Year 3 Small ZREC Tariff (cont.)

  • Se c tio n 2(f) o f Pub lic Ac t 15-194 - “Any c usto me r o f a n E

le c tric Distrib utio n Co mpa ny tha t is e lig ib le fo r the re side ntia l so la r inve stme nt pro g ra m sha ll no t b e e lig ib le fo r sma ll ze ro -e missio n re ne wa b le e ne rg y c re dits pursua nt to se c tio n 16-244s.”

  • I

f yo ur pro je c t q ua lifie s fo r the Co nne c tic ut Gre e n Ba nk's Re side ntia l So la r I nve stme nt Pro g ra m, it no lo ng e r q ua lifie s fo r the Sma ll ZRE C pro g ra m.

  • All re side ntia l a pplic a nts will b e re q uire d to sub mit a c o py o f the

"I nc e ntive Applic a tio n De nie d" le tte r issue d b y the Co nne c tic ut Gre e n Ba nk a s a n a tta c hme nt to the ir Ye a r 4 Sma ll ZRE C a pplic a tio n. T he re fo re , if yo ur Sma ll ZRE C pro je c t is o r will b e a t a re side ntia l site (E ve rso urc e E le c tric ra te s 1, 5, o r 7, UI E le c tric ra te s R a nd RT ), yo u must first a pply to the Co nne c tic ut Gre e n Ba nk, a nd if de nie d, yo u must pro vide a PDF c o py o f yo ur "I nc e ntive Applic a tio n De nie d" le tte r a s a re q uire d a tta c hme nt during ste p 6/ 6 in the a pplic a tio n pro c e ss. Mo re info rma tio n o n the Co nne c tic ut Gre e n Ba nk's Re side ntia l So la r I nve stme nt Pro g ra m c a n b e o b ta ine d he re : http:/ / www.e ne rg ize c t.c o m/ yo ur-ho me / so lutio ns-list/ re side ntia l-so la r- inve stme nt-pro g ra m

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SLIDE 17

Residential Applicants

  • Re side ntia l pro je c ts a re no t e lig ib le fo r the Sma ll

ZRE C pro g ra m unle ss the y a re de nie d fro m the Co nne c tic ut Gre e n Ba nk

  • Pro je c ts tha t a re o r will b e Re side ntia l (E

ve rso urc e ra te s 1, 5, 7, UI ra te s R, RT ) must first a pply to the CT Gre e n Ba nk

  • Only pro je c ts tha t a re no t e lig ib le fo r the CT

Gre e n Ba nk will q ua lify fo r the Sma ll ZRE C pro g ra m

  • I

f de nie d b y CT Gre e n Ba nk, a c o py o f the “I nc e ntive Applic a tio n De nie d” le tte r fro m the Gre e n Ba nk will b e re q uire d to b e sub mitte d a lo ng with the a pplic a tio n

  • Que stio ns: Co nta c t the CT

Gre e n Ba nk via e ma il a t sma llso la r@ c tg re e nb a nk.c o m

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SLIDE 18

CT Green Bank “Incentive Application Denied” Letter

  • E

ve rso urc e : T his do c ume nt is re q uire d during ste p 6/ 6 o f the a pplic a tio n pro c e ss fo r a ll re side ntia l pro je c ts

  • UI

: A .pdf file will ne e d to b e a tta c he d to Pa g e 5 o f the Applic a tio n fo r a ll re side ntia l pro je c ts

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SLIDE 19
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SLIDE 20

Application Certification Form

  • 4 Pa g e Ce rtific a tio n F
  • rm
  • Pa g e 1: I

nstruc tio ns

  • Pa g e 2: Applic a nt’ s sig na ture – Applic a nt is de fine d a s the individua l o r

b usine ss sub mitting the Applic a tio n

  • Pa g e 3: Se rvic e Ag re e me nt Co unte rpa rty’ s sig na ture – Se rvic e Ag re e me nt

Co unte rpa rty is de fine d a s the le g a l e ntity de siring to e nte r into a Se rvic e Ag re e me nt

  • Pa g e 4: Owne r o f the Pro je c t Site ’ s Sig na ture – Owne r o f the pro je c t site is

de fine d a s the le g a l o wne r o f the pro je c t site (Nota rize d a ffida vit)

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SLIDE 21

20% Performance Assurance Return

  • Se c tio n 9.2.1
  • I

f, in a c c o rda nc e with Artic le 14, Buye r re c e ive s no tic e a nd re q ue st fo r vo lunta ry te rmina tio n o f this Ag re e me nt fro m Se lle r prio r to the se le c te d De live ry T e rm Sta rt Da te a s spe c ifie d o n the Co ve r She e t, the n, pro vide d tha t a n e ve nt o f de fa ult b y Se lle r is no t the n e xisting , Buye r will re turn to Se lle r twe nty pe rc e nt (20%) o f the a mo unt o f Pe rfo rma nc e Assura nc e

  • rig ina lly pro vide d to Buye r. T

he a g re e me nt sha ll b e de e me d te rmina te d a s o f the da te Buye r re c e ive s suc h no tic e .

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SLIDE 22

6-month Extension to Automatic Termination Provision Request

  • Se c tio n 13.3.3(b )
  • I

f yo u do no t e xpe c t to a c hie ve c o mme rc ia l o pe ra tio n within 12 mo nths o f the se le c te d DT SD, yo u ha ve the o ptio n to re q ue st a o ne -time 6-mo nth e xte nsio n to the a uto ma tic te rmina tio n pro visio n

  • Ple a se re fe r to Artic le 14 o f the T

e rms a nd Co nditio ns fo r instruc tio ns o n ho w to no tify the Co mpa nie s prior to the a uto ma tic te rmina tio n da te

  • Additio na l Pe rfo rma nc e Assura nc e in the a mo unt liste d in Se c tio n 9.1 o f the

Ag re e me nt must a lso b e pro vide d prior to the a uto ma tic te rmina tio n da te

  • Ag a in, a s no te d a b o ve , b o th the re q ue st fo r a n e xte nsio n a lo ng

with the a dditio na l Pe rfo rma nc e Assura nc e ("PA") in a n a c c e pta b le fo rm must b e re c e ive d b y the Co mpa ny prio r to the c o ntra c t te rmina tio n da te .

  • E

xa mple : De live ry T e rm Sta rt Da te =April 1, 2015; a uto ma tic te rmina tio n da te =April 1, 2016, the re fo re the re q ue st fo r a n e xte nsio n a lo ng with a dditio na l PA must b e re c e ive d no la te r tha n Ma rc h 31, 2016.

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SLIDE 23

Application Process

  • Co mple te & Sub mit Applic a tio n F
  • rm Online
  • F
  • r E

ve rso urc e : www.e ve rso urc e .c o m  Sa ve Mo ne y & E ne rg y  Re ne wa b le E ne rg y Cre dits  Sma ll ZRE Cs

  • F
  • r UI

: www.uine t.c o m  Ab o ut UI  Do ing Busine ss with UI  Po we r Pro c ure me nt

  • Ce rtific a tio ns, Affida vits a nd Disc lo sure s
  • Applic a tio n Ce rtific a tio n F
  • rm – 4 pa g e s inc luding a ffida vit (ma nda to ry)
  • L

RE C/ ZRE C CT L ic e nse d Pro fe ssio na l E ng ine e r (PE ) Ce rtific a tio n (if a pplic a b le )

  • Pe nding CT

Gre e n Ba nk Gra nt a nd/ o r Re b a te Disc lo sure Sta te me nt

  • “I

nc e ntive Applic a tio n De nie d” le tte r fro m CT Gre e n Ba nk fo r Re side ntia l Pro je c ts

  • T

he Co mpa nie s’ o nline Applic a tio n syste ms will a c kno wle dg e re c e ipt o f the Applic a tio n via e ma il

  • F
  • r E

ve rso urc e : E ma il a ddre ss tie d to a c c o unt use d to sub mit the a pplic a tio n, Prima ry Applic a tio n Co nta c t, a nd Alte rna te Applic a tio n Co nta c t will a ll re c e ive c o nfirma tio n e ma ils

  • F
  • r UI

: Prima ry Applic a tio n Co nta c t re c e ive s c o nfirma tio n e ma il

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SLIDE 24

Applications – Eversource

  • Applic a tio n is fille d o ut o nline
  • Co nta ins info rma tio n ne e de d fo r:
  • Sub missio n ve rific a tio n
  • Co mple tio n o f Se rvic e Ag re e me nt
  • Che c k a nd/ o r b a nking info rma tio n is fo r pa yme nt fo r RE

Cs unde r the Ag re e me nt o nly

  • Additio na l fo rm(s) (i.e . Ce rtific a tio ns, Affida vits,

“I nc e ntive Applic a tio n De nie d” L e tte r, a nd/ o r Disc lo sure s a s a pplic a b le ) will b e re q uire d to b e sub mitte d a s pa rt o f the a pplic a tio n pro c e ss

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SLIDE 25

Applications - UI

  • Online Applic a tio n F
  • rm tha t yo u will fill o ut a nd

sub mit e le c tro nic a lly

  • Additio na l fo rm(s) (i.e . Ce rtific a tio ns, Affida vits,

a nd/ o r Disc lo sure s a s a pplic a b le ) will b e a tta c he d to Pa g e 5 o f the Applic a tio n

  • Sub mitte d with the a pplic a tio n – no lo ng e r e ma ile d
  • Use r a ssig ne d Applic a tio n I

D numb e rs in fo rms

  • Do ub le c he c k a nd triple c he c k to a vo id e rro rs

whic h ma y inva lida te the Applic a tio n F

  • rm
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SLIDE 26

Selection Process

  • F

irst c o me , first se rve d

  • Ba se d o n da te / time o f a pplic a tio n sub missio n
  • 2 we e k windo w: a ll a pplic a tio ns re c e ive sa me da te / time sta mp
  • Ra ndo m se le c tio n with OCC if o ve rsub sc rib e d during 2 we e k windo w
  • Sta ndb y q ue ue
  • I

f funding b e c o me s a va ila b le it will b e a llo c a te d to the ne xt a pplic a tio n in the sta ndb y q ue ue until the b udg e t is c o mmitte d

  • Applic a tio ns in the sta ndb y q ue ue e xpire whe n the Co mpa nie s file the ir

re spe c tive Pro c ure me nt Pla ns Pursua nt to Se c tio n 1.8 o f the Rule s a nd Pro c e ss fo r Sub mitting Applic a tio ns fo r Sma ll ZRE C T a riff

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SLIDE 27

Two-Week Window Avoids…

L

  • ng line s to b e first in the

q ue ue Burning the midnig ht o il to a pply a t 12: 01 AM

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SLIDE 28

Step 2 How to proceed if your application is selected

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SLIDE 29

If Selected

  • Ste p 1a : E

xe c ute Se rvic e Ag re e me nt

  • Utility will se nd yo u a Se rvic e Ag re e me nt via e ma il
  • Must re turn two o rig ina l sig ne d c o pie s b y the due da te , with De live ry T

e rm Sta rt Da te se le c te d, o r a pplic a tio n is disq ua lifie d

  • Ste p 1b : Pro vide Pe rfo rma nc e Assura nc e
  • Pe rfo rma nc e Assura nc e due a t the sa me time a s the pa rtia lly e xe c ute d

Se rvic e Ag re e me nt o r it a uto ma tic a lly te rmina te s

  • Amo unt o f Pe rfo rma nc e Assura nc e will b e liste d in the Se rvic e Ag re e me nt

(5% o f first ye a r’ s pro je c te d re ve nue )

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SLIDE 30

Sample Performance Assurance Calculation

  • E

xa mple Ca lc ula tio n Pe rfo rma nc e Assura nc e (PA)

  • Using 50 kW e xa mple fro m slide 12
  • Sma ll ZRE

C Pe rfo rma nc e Assura nc e = 5% o f Ma x Annua l Pa yme nt

  • Ma ximum Annua l Pa yme nt * 5% = PA
  • $6,441 * 5% = $322.05
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SLIDE 31

Performance Assurance

  • Bo th c o mpa nie s ha ve de ta ile d instruc tio ns fo r ho w

to suc c e ssfully pro vide Pe rfo rma nc e Assura nc e po ste d o n the ir we b site s

  • Ac c e pta b le fo rms o f Pe rfo rma nc e Assura nc e
  • Ca sh (e le c tro nic ) Ple a se no te tha t ACH pa yme nts ta ke lo ng e r to pro c e ss

tha n Wire T ra nsfe rs. Ple a se pla n a c c o rding ly fo r re c e ipt b y Co mpa ny o n

  • r b e fo re the due da te .
  • Ba nk Che c k o r Ca shie r’ s Che c k (pe rsona l or busine ss c he c ks a re not

a c c e pte d)

  • L

e tte r o f Cre dit

  • Sure ty Bo nd
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SLIDE 32

Step 3 Post-Execution Obligations: How to get from a Service Agreement to Commercial Operation

slide-33
SLIDE 33

Prerequisites for REC Purchase

(Also refer to Article 4 of Service Agreement)

  • Co mple te a nd Sig n the Ce rtific a tio n Sta te me nt fo r

RE C De live ry Ac c e pta nc e (inc lude s ite ms liste d b e lo w)

  • I

n se rvic e no la te r tha n 1 ye a r a fte r se le c te d De live ry T e rm Sta rt Da te (7/ 1/ 16, 10/ 1/ 16, 1/ 1/ 17, 4/ 1/ 17)

  • I

nte rc o nne c tio n a g re e me nt re q uire d (to b e disc usse d la te r)

  • NE

POOL GI S re g istra tio n

  • CT

Cla ss I Qua lific a tio n Appro va l fro m PURA

  • Must ha ve de dic a te d RE

C me te r (to b e disc usse d la te r)

slide-34
SLIDE 34

CT Class I Qualification Approval from PURA

  • Se c tio n 5.1.5 o f the T

’ s&C’ s = it is the Se lle r’ s so le

  • b lig a tio n to o b ta in CT

PURA Cla ss I Qua lific a tio n

  • CT

PURA rule s re q uire yo u sub mit a se pa ra te a pplic a tion to PURA fo r CT Cla ss I Qua lific a tio n a fte r yo ur pro je c t re c e ive s a fina l a ppro va l to e ne rg ize

  • PURA – CT

Cla ss I Qua lific a tio n Applic a tio n

  • CT

PURA will re vie w Cla ss I a pplic a tio n, a nd upo n a ppro va l, will g ra nt CT Cla ss I Qua lific a tio n

  • F

ina l PURA De c isio n must b e pro vide d b y Se lle r to :

  • Buye r a s liste d o n yo ur Se rvic e Ag re e me nt
  • NE

POOL GI S

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SLIDE 35

NEPOOL General Information System (GIS)

  • Must se t up GI

S a c c o unt o r o utso urc e GI S se t up a nd ma inte na nc e

  • NE

POOL GI S De sig na te s re spe c tive Buye r a s the T hird Pa rty Me te r Re a de r

  • I

nitia te F

  • rwa rd Ce rtific a te T

ra nsfe r (F CT ) o f RE Cs

  • Must initia te fo r the full 15-ye a r te rm o f the Ag re e me nt b a se d o n the

De live ry T e rm Sta rt Da te

  • GI

S rule s a re a va ila b le fro m NE POOL GI S (APX)

  • Ple a se visit the NE

POOL GI S we b site – www.ne po o lg is.c o m

  • Se e the fo llo wing link fo r g uida nc e o n o pe ning a

ne w NE POOL GI S a c c o unt a nd re g iste ring a ne w g e ne ra to r: http:/ / www.ne po o lg is.c o m/ ho w- to / a c c o unt/

slide-36
SLIDE 36

Prerequisites for REC Purchase

  • Wa rning – I

f se lle r do e s no t c o mple te the se ste ps:

  • L
  • ss o f re ve nue
  • Co ntra c t ma y b e te rmina te d
slide-37
SLIDE 37

Step 4 Service Agreement Administration: The 15 year Delivery Term

slide-38
SLIDE 38

Service Agreement Administration

  • 15 ye a r Ag re e me nt
  • Sa me ra te , a nnua l pa yme nts va ry b a se d o n numb e r o f RE

Cs de live re d

  • Co mpa nie s will uplo a d RE

C Me te r Da ta

  • NE

POOL GI S RE C tra nsfe rs c o nstitute de live ry

  • F
  • rwa rd Ce rtific a te T

ra nsfe r

  • Qua rte rly pa yme nts fro m Co mpa ny to Se lle r o n o r

b e fo re the la st da y o f the mo nth fo llo wing re c e ipt

  • f RE

Cs b y Co mpa ny via NE POOL GI S

slide-39
SLIDE 39

NEPOOL GIS

Utility Me te r Re a ding Utility’ s L RE C/ ZRE C Ac c o unt Se lle r’ s Ac c o unt RE Cs Cre a te d Se lle r Utility Se ttle me nt & Ve rific a tio n

$

RE Cs via F CT

slide-40
SLIDE 40

NEPOOL GIS Transfer Schedule

  • T

ra nsfe r o f RE Cs in GI S

  • F

ro m Se lle r’ s a c c o unt to the Utility’ s L RE C/ ZRE C a c c o unt

  • Sc he dule o f RE

C pro duc tio n, tra nsfe r a nd pa yme nt

Energy Generation Quarter REC Meter Read Upload Deadline

(Meter Data Uploaded by Eversource as the Third Party Meter Reader)

RECs Created Date Payment Date

(assuming RECs have been transferred to the LREC.ZREC account)

Q1 (Jan/Feb/Mar) July 10 July 15 By August 31st Q2 (Apr/May/Jun) October 10 October 15 By November 30th Q3 (Jul/Aug/Sep) January 10 January 15 By February 28th Q4 (Oct/Nov/Dec) April 10 April 15 By May 31st

slide-41
SLIDE 41

Other Agreement Provisions

  • Assig nme nt o f the Ag re e me nt in a c c o rda nc e with

Ag re e me nt Pro visio ns is pe rmitte d

  • Ple a se re fe r to Artic le 11
  • Re q uire s No tic e to Buye r
  • Buye r ha s 30 da ys to re vie w a nd a ppro ve / re je c t
  • No te : F
  • rms c ha ng e o fte n, ple a se a lwa ys use fo rms a va ila b le o n o ur

We b site s

  • E

xc e ss RE C o ptio ns

  • Se ll to 3rd pa rty
  • “Ba nk” RE

Cs to me e t ne xt ye a r’ s MAQ

slide-42
SLIDE 42

Contact Email and Websites

  • Ple a se sub mit q ue stio ns o r re q ue sts to b e a dde d to o ur

distrib utio n lists:

  • E

ve rso urc e = L RE C.ZRE C@ e ve rso urc e .c o m

  • UI

= lre c .zre c @ uine t.c o m

  • Ple a se visit L

RE C/ ZRE C We b site s a t:

  • E

ve rso urc e : www.e ve rso urc e .c o m  Sa ve Mo ne y & E ne rg y  Re ne wa b le E ne rg y Cre dits  Sma ll ZRE Cs

  • UI

: www.uine t.c o m  Ab o ut UI  Do ing Busine ss with UI  Po we r Pro c ure me nt

slide-43
SLIDE 43

L

  • o k he re fo r

impo rta nt do c ume nts inc luding o ur Q&A Clic k he re to a c c e ss Sma ll ZRE C pa g e – a t b o tto m o f pa g e yo u will se e this: Clic k he re to Sub mit a Sma ll ZRE C Applic a tio n

slide-44
SLIDE 44
  • UI

Sma ll ZRE C Pro g ra m

  • Clic k he re to Sub mit a n

Applic a tio n to UI

slide-45
SLIDE 45

Generator Interconnection Process

E ve rso urc e : Jo se ph De b s UI : Pa tric ia Ro c he

slide-46
SLIDE 46
  • Co lla b o ra te d e ffo rts o ve r the pa st 10 ye a rs o n le sso ns

le a rne d

  • E

ve rso urc e & UI fo llo w the sa me pro c e ss a nd te c hnic a l g uide line s

  • Guide line s a ppro ve d b y Pub lic Utility Re g ulato ry

Autho rity (PURA)

  • Guide line s a re b a se d o n the F

e de ral E ne rg y Re g ulato ry Co mmissio n (F E RC) Small Ge ne rato r I nte rc o nne c tio n Pro c e ss (SGI P) mo de l

Combined Efforts

slide-47
SLIDE 47
  • T
  • sa fe ly a nd re lia b ly inte rc o nne c t g e ne ra tio n
  • T
  • ide ntify the impa c t a g e ne ra to r ma y ha ve o n

the Distrib utio n Syste m

  • T
  • ide ntify upg ra de s a nd c o sts re la te d to

inte rc o nne c tio ns

Purpose of Guidelines

slide-48
SLIDE 48
  • Ce rtifie d inve rte r b a se d: < 10kW
  • F

a st T ra c k Pro c e ss: < 2MW

  • Study Pro c e ss: o ve r 2MW

Three Tracks

slide-49
SLIDE 49

Generator Interconnection Process Key Attributes 10 kW or Less

Process Rating Time (Business

Days)

Application Fees Witness Test Fee Liability Insurance

Inverter Based 0-10 kw 15 $100 1st Test $300,000

slide-50
SLIDE 50

Process Timeline 10 kW

COMPLETENESS OF APPLICATION RECEIVED CONTINGENT APPROVAL NOTIFICATION SCHEDULE WITNESS AND TEST AND INSTALL NET METER APPROVAL TO ENERGIZE 10 BUSINESS DAYS 15 BUSINESS DAYS FROM COMPLETE APPLICATION 10 BUSINESS DAYS FROM TOWN INSPECTION APPROVAL

APPROXIMATE 30 BUSINESS DAY APPROVAL PROCESS

APPLICATION RECEIPT NOTIFICATION 3 BUSINESS DAYS Submit Application

  • The Application One line diagram
  • Layout Diagram Proof of Insurance
  • Inverter Data sheet Application Fee $100

Additional Paper Work

  • Test Plan for battery operated inverters
  • Inspector Approval
  • witness Test
  • Install Net Meter
slide-51
SLIDE 51

Fast Track & Study Process Map

Application Submittal Application Request Complete Customer submits all information Application Withdrawn No No Inverter based & Certified ≤2 MW Passes Screen Conduct Application Review (30 Business Days) No Customer installs generator and returns certificate of completion to EDC Generator => 5 MW Customer Signs IA & authorizes EDC modification EDC issues final approval to energize. Witness Commissioning Test Yes Yes Yes No Studies Required No No Yes Yes Studies Completed Yes No Conduct Application Review (15 Business Days) Yes Yes Conduct Studies as appropriate: 1-Feasibility Study 2-Impact Study 3- Facility Study 4- Transmission Studies ISO-NE Generator Interconnection Process (I.3.9 )
slide-52
SLIDE 52

Fast Track Key Attributes

Process Rating Time (Business Days) Application Fees Witness Test Fee Liability Insurance Fast Track 0-2 MW 15 $500 Cost Based $300,000 to $2,000,000

  • Me e t a ll the sc re e n re q uire me nts
  • Ge ne ra to rs whic h do no t me e t the F

a st T ra c k re q uire me nts ma y re q uire a dditio na l studie s

  • ISO-NE

no tific a tio n fo rm fo r pro je c ts >1MW

  • Inte rc o nne c tio n a g re e me nt re q uire d
slide-53
SLIDE 53

Fast Track Approval Process

COMPLETENESS OF APPLICATION RECEIVED

CONTINGENT APPROVAL

INSTALLATION & WITNESS TEST APPROVAL TO ENERGIZE 10 BUSINESS DAYS

15 BUSINESS DAYS FROM COMPLETE APPLICATION

10 BUSINESS DAYS FROM TOWN INSPECTION APPROVAL APPLICATION RECEIPT NOTIFICATION 3 BUSINESS DAYS Interconnection Agreement (IA)

Submit Application - The Application, One Line diagram, Layout Diagram, Proof of Insurance, Inverter Data sheet, $500 Application Fee Additional Deliverables - Interconnection Agreement, Test Plan, Inspector’s Approval, Witness Test, Net Meter Installation

slide-54
SLIDE 54

Study Track Key Attributes

Process Rating Application Fees Witness Test Fee Liability Insurance Study 1) >2 MW and <20 MW 2) ≤ 2 MW and not certified. 3) ≤ 2 MW, certified, failed 10 kW or Fast Track $1000 Cost Based Generator Size Dependent

  • I

SO-NE tra nsmissio n impa c t studie s re q uire d fo r pro je c ts >=5MW

  • I

nte rc o nne c tio n a g re e me nt re q uire d

slide-55
SLIDE 55

Study Approval Process

APPLICATION REVIEW

FEASIBILITY STUDY IMPACT STUDY FACILITY STUDY

CONSTRUCTION & WITNESS TEST JURISDICTION DETERMINATION

Submit Application - The Application, One Line diagram, Layout Diagram, Proof of Insurance, Generator Data Sheet, $1,000 Application Fee

30 BUSINESS DAYS 15 BUSINESS DAYS 30 BUSINESS DAYS 30 BUSINESS DAYS

APPROVAL TO ENERGIZE

Additional Deliverables - Interconnection Agreement, Test Plan, Inspector’s Approval, Witness Test, Net Meter Installation

IA

slide-56
SLIDE 56

Applic ation

  • Guide line s
  • Co mple te Applic a tio n
  • Applic a tio n Sig na ture
  • I

nsura nc e

  • T

e c hnic a l da ta she e ts

  • Numb e r o f inve rte rs / Ge ne ra tio n
  • Utility a c c o unt a nd/ o r me te r numb e r
  • Owne rship
  • Pro pe rty
  • T

hird pa rty o wne rship o f g e ne ra to r

Keys to a Successful Interconnection

slide-57
SLIDE 57

T e c hnic al

  • E

xhib it B o f the Guide line s

  • E

le c tric a l One -L ine dia g ra m with sta nda rd symb o ls a nd la b e ls

  • T

ime ly c o mmunic a tio n a nd da ta tra nsfe r

  • Re c e ive c o nting e nt a ppro va l prio r to c o nstruc tio n
  • Disc o nne c t switc h
  • Co mplia nc e with me te r a nd se rvic e re q uire me nts
  • De ta ile d se q ue nc e o f o pe ra tio n a nd te st pla n
  • Pro vide de ta ile d re la ying info rma tio n whe n re q uire d

Keys to a Successful Interconnection

slide-58
SLIDE 58

Eversource /UI

Guidelines for Generator Interconnection

slide-59
SLIDE 59

F

  • r I

nte rc o nne c tio n Que stio ns ple a se c o nta c t:

  • E

ve rso urc e : distrib ute d_re so urc e s@ e ve rso urc e .c o m

  • UI

: g e ne ra to r.c o nne c tio n@ uine t.c o m

Thank You

slide-60
SLIDE 60

REC Metering Requirements

E ve rso urc e : Vinc e nt O’ Co nne ll UI : Ga ry Zie la nski

slide-61
SLIDE 61

REC Metering Requirements

  • “Me te ring Pro c e dure s fo r L

RE C/ ZRE C “ pro je c ts c a n b e fo und a t: https:/ / www.e ve rso urc e .c o m/ Co nte nt/ c t-c / b usine ss/ sa ve - mo ne y-e ne rg y/ re ne wa b le -e ne rg y-c re dits/ re so urc e s- a dministra tio n

  • E

ve rso urc e will a ssist pro c ure me nt b y pro viding o rde ring a nd ve ndo r c o nta c t info rma tio n fo r I ON me te rs, o the rwise …

  • RE

C me te r will b e pro vide d b y E ve rso urc e

  • Co mmunic a tio n re q uire me nts will b e spe c ifie d with the me te r

type

61

slide-62
SLIDE 62

Approved REC Meter Types

62

F ac ility Size Me te r Gr

  • up

L e ve l 1

0.0<20.0kW A,B

L e ve l 2

>=20.0 to <50 kW A,B

L e ve l 3

>=50.0 to <100 kW A,B

L e ve l 4a

>=100 kW to <500 kW A,B

L e ve l 4b

>=500 kW to 2,000 kW B (E the rne t Only)

F

  • r

m Manufac tur e r / Mode l Pr

  • duc t Ke y

Class Communic ations

Gr

  • up A

2S,*5S,*9S,12S, 16S

Itro n Ce ntro n 3 E RT CxSL ZRE C 20/ 200/ 320 Hig h po we re d E RT

2S,*3S,*4S,12S, 16S

L &G with Ac la ra F

  • c us AXxSMD

20/ 200/ 320 Ce ll

*9S, 16S

Itro n / L &G with Ac la ra Va rie s 20/ 200/ 320 Ce ll

*5S, *9S, 16S

Itro n Va rie s 20/ 200/ 320 Mo d e m

*9S

E lste r Va rie s 20 Mo d e m

Gr

  • up B

**9S

ION 8650 C Pro vid e d d uring re vie w 20 E the rne t, Mo d e m

* Instr ume nt r ate d for m type s (CT ’s and/ or VT ’s r e quir e d) ** Othe r for ms may be available upon r e que st

slide-63
SLIDE 63

Wiring Requirements

  • Se lf-Co nta ine d Me te ring
  • T

he thre e line dra wing must c le a rly sho w a se lf-c o nta ine d me te r so c ke t wire d to p do wn , whe re the to p o r line side te rmina ls wire d to the g e ne ra to r a nd the b o tto m o r lo a d side te rmina ls wire d to the c usto me r’ s lo a d.

  • I

nstrume nt T ra nsfo rme r Ra te d Me te ring

  • F
  • r instrume nt tra nsfo rme r ra te d me te ring , the c urre nt tra nsfo rme r

(CT ) po la rity ma rks must fa c e a wa y fro m the g e ne ra to r a nd po inting to wa rds the c usto me r’ s lo a d.

  • E

ve rso urc e re q uire s a n ABC ro ta tio n a t the me te r, whe re the A pha se vo lta g e a nd c urre nt a re wire d to the A pha se te rmina l o f the me te r so c ke t a nd/ o r te st switc h.

  • Co nve ntio na l instrume nt tra nsfo rme rs must b e 0.3% a c c ura te with a

b urde n ra ting g re a te r tha n the b urde n o f the e ntire me te ring c irc uit a nd must b e spe c ifie d with the lo we st ra tio a nd hig he st ra ting fa c to r po ssib le .

  • Hig h a c c ura c y CT

s a re a lso a c c e pta b le (0.15%).

63

slide-64
SLIDE 64

Instrument Transformer Checklist

  • A c he c klist fo r instrume nt tra nsfo rme r insta lla tio ns will

b e a va ila b le fo r c o ntra c to rs e nd o f 1st q ua rte r 2016.

  • Ne w a tta c hme nt to the MPRE

C do c ume nt fo und o nline .

  • T

he c he c klist will inc lude :

  • CT

Po la rity Ma rking s

  • CT

shunts o pe n

  • T

e rmina l / T e st switc h c o nne c tio ns

  • Dia g ra ms illustra ting the se ite ms

64

slide-65
SLIDE 65

Validation Requirements

  • Afte r the RE

C me te r is insta lle d a nd the syste m is o nline a nd g e ne ra ting , the pro je c t re pre se nta tive must se nd a n e ma il no tific a tio n to : Me te rE ng ine e ring @ e ve rso urc e .c o m

  • T

he e ma il sub je c t he a de r must c o nta in the pro je c t na me , a ddre ss a nd c o ntra c t numb e r.

  • F
  • r RE

C me te rs utilizing E

RT

(Va n Drive -By) c o mmunic a tio n te c hno lo g y, the re a re two o ptio ns fo r fulfilling the va lida tio n re q uire me nts:

  • F

ill o ut a nd sig n the “L / Z RE C Me te r Va lida tio n F

  • rm”.
  • Pro vide a pic ture o f the RE

C me te r displa y I D10 with the a rro w po inting to the rig ht.

  • F
  • r RE

C me te rs with Ce llular, Mode m or E

the rne t

c o mmunic a tio ns, the pro je c t re pre se nta tive must no tify Me te r E ng ine e ring the RE C me te r is insta lle d a nd the ir syste m is o nline a nd g e ne ra ting .

65

slide-66
SLIDE 66

REC Meter Data

  • RE

C me te r da ta is a va ila b le thro ug h E ve rso urc e MDAT A (E PO) whe n purc ha sing a n inte rva l re c o rding me te r o nly (E RT me te rs a re no n- re c o rding )

  • E

ma il E POAdministra to r@ e ve rso urc e .c o m to re q ue st the me te r da ta .

66

slide-67
SLIDE 67

UI Metering Requirements

  • All insta lla tio ns must fo llo w the “UI

Guide b o o k o f Re q uire me nts fo r E le c tric Se rvic e ”.

  • All insta lla tio ns must fo llo w the “Guide line s fo r

I nte rc o nne c tio n”.

  • I

nsta lla tio ns sha ll me e t pub lishe d re q uire me nts fo r a c c e ssib ility a nd lo c a tio n.

67

slide-68
SLIDE 68

UI Cost Responsibilities

  • UI

will o wn, insta ll, re a d a nd ma inta in a ll me te rs a nd me te ring tra nsfo rme rs within its se rvic e te rrito ry.

  • Pro g ra m pa rtic ipa nts, a t the ir c o st, will pro vide

a ppro ve d me te r pro visio ns a nd, if ne e de d, instrume nt tra nsfo rme r c a b ine ts.

  • UI

L RE C/ ZRE C Me te ring Re q uire me nts do c ume nt lo c a te d o n UI L RE C/ ZRE C we b pa g e .

68

slide-69
SLIDE 69

UI Metering Information

  • Multiple pro visio ns/ c a b ine ts ma y b e re q uire d
  • Re q uire me nts fo r multiple pro visio ns/ c a b ine ts will b e

ma de b y UI sta ff during e a rly de sig n me e ting s with insta lle rs.

  • I

f the c usto me r pa rtic ipa te s in Ne t E ne rg y Ride r, a dditio na l me te ring ma y b e re q uire d

69

slide-70
SLIDE 70

UI Metering Information

  • L

RE C/ ZRE C me te rs will b e lo c a te d a fte r a ny inve rte rs a nd b e fo re a ny lo a d

  • Po we r sto ra g e e q uipme nt (b a tte ry b a nk a nd

c ha rg e r) must b e lo c a te d b e twe e n the g e ne ra to r a nd the inve rte r

  • I

nsta lla tio ns with po we r sto ra g e e q uipme nt will b e ne t e ne rg y me a sure d

70

slide-71
SLIDE 71

UI Meter Data

  • Re ve nue me te r da ta will b e pro vide d mo nthly to

c usto me rs, inc luding Ne t E ne rg y, pursua nt to c usto me r’ s ta riff

  • UI

will pro vide mo nthly L RE C/ ZRE C me te r da ta to NE POOL GI S fo r de te rmina tio n o f RE Cs g e ne ra te d

71

slide-72
SLIDE 72

Net Metering and Virtual Net Metering

E ve rso urc e : Jim Mie rze je wski UI : Ma rk Co lc a

slide-73
SLIDE 73

Electric Service Rates and Riders

  • E

le c tric distrib utio n c o mpa ny c usto me rs ho sting a distrib ute d g e ne ra tio n (DG) pro je c t re c e ive e le c tric se rvic e unde r a n a pplic a b le g e ne ra l se rvic e ra te a nd ma y b e e lig ib le fo r a numb e r o f ra te o ptio ns:

  • Ne t E

ne rg y Billing

  • Distrib ute d Ge ne ra tio n Ride r
  • Virtua l Ne t Me te ring
  • Po we r Purc ha se
slide-74
SLIDE 74

Net Energy Billing (“Net Metering”)

  • T

wo Ne t E ne rg y Billing Ride rs

  • Cla ss I

Re ne wa b le E ne rg y a nd Hydro po we r Re so urc e s

  • Qua lifying F

a c ilitie s a nd No n-Cla ss I Re ne wa b le Re so urc e s

  • Custo me rs with Cla ss I

re ne wa b le e ne rg y o r hydro po we r re so urc e s

  • Up to 2,000 kW na me pla te c a pa c ity
  • Billing b a se d upo n c usto me r’ s e le c tric se rvic e ta riff
  • Ne t e ne rg y b illing a nd “b a nking ” o f e xc e ss ne t e ne rg y pro duc tio n

(kilo wa tt-ho urs o r kWh) pe rfo rme d mo nthly

  • Annua l e nd-o f-pe rio d c re dit fo r a ny unuse d b a nke d kWh
  • Ride rs
  • E

ve rso urc e : “Ride r N - Cla ss I Re ne wa b le o r Hydro e le c tric ”

  • UI

: “Cla ss I Re ne wa b le E ne rg y Ride r NE C1” (Ride r NE C1)

slide-75
SLIDE 75

Net Energy Billing (continued)

  • Custo me rs with Cla ss I

re ne wa b le e ne rg y o r hydro po we r re so urc e s (c o ntinue d ) Additio na l De ta ils:

  • Annua l Ba nking a nd Cre dits
  • At the e nd o f e a c h a nnua l pe rio d (April thro ug h Ma rc h):
  • Any unuse d, b a nke d kWh will b e “purc ha se d” a t the a ve ra g e

I SO-NE CT Zo ne re a l-time lo c a tio na l ma rg ina l pric e (“L MP”) o f tha t pe rio d

  • Purc ha se Pric e
  • PV: Ave ra g e a nnua l L

MP (a ll ho urs b e twe e n 10 a m a nd 4 pm)

  • Othe r re so urc e s: Ave ra g e a nnua l L

MP (a ll ho urs)

  • Ba nk re se t to ze ro kWh
slide-76
SLIDE 76

Net Energy Billing (continued)

  • Qua lifying F

a c ilitie s a nd No n-Cla ss I Re ne wa b le Re so urc e s

  • Na me pla te c a pa c ity o f up to
  • 50 kW Qua lifying F

a c ilitie s

  • 500 kW No n-c la ss I

Re ne wa b le Re so urc e s

  • Billing b a se d upo n c usto me r’ s e le c tric se rvic e ta riff
  • Ne t e ne rg y b illing pe rfo rme d a nd c re dit a pplie d fo r e xc e ss e ne rg y

de live re d to E DC o n a mo nthly b a sis

  • Pric ing b a se d o n po we r purc ha se sc he dule
  • Ride rs
  • E

ve rso urc e : “Ride r N – No n-Cla ss I Re ne wa b le a nd QF ”

  • UI

: “Distrib ute d Ge ne ra tio n F a c ility Ne t E ne rg y Ride r NE ” (Ride r NE )

slide-77
SLIDE 77

Distributed Generation Riders

E le c tric DG Ride r

  • Applic a b le to c usto me rs who re c e ive e le c tric se rvic e unde r a firm

se rvic e ra te tha t inc lude s a distrib utio n de ma nd ra tc he t

  • Sub je c t to e nro llme nt a nd q ua lific a tio n re q uire me nts
  • Pro vide s fo r wa ive r o f the distrib utio n de ma nd ra tc he t
  • Applic a b le ra te sc he dule s:
  • E

ve rso urc e : Distrib ute d Ge ne ra tio n Ride r

  • UI

: Ride r DG

Ga s DG De live ry Re b a te Ride r

  • Ava ila b le to c usto me rs unde r spe c ifie d g a s se rvic e ra te s
  • Sub je c t to e nro llme nt a nd q ua lific a tio n re q uire me nts
  • Re b a te de live ry se rvic e c ha rg e s fo r supply o f g a s to the c usto me r’ s

DG syste m

  • Co mpa ra b le ra te sc he dule s fo r CNG, SCG a nd Ya nke e Ga s
slide-78
SLIDE 78

Virtual Net Metering - Implementing Changes from PA 13-298

  • T

he Virtua l Ne t Me te ring (VNM) Ride r pro g ra m ha s b e e n e xpa nde d to inc lude Ag ric ultura l, Munic ipa l a nd Sta te c usto me rs (Pub lic Ac t 13-298)

  • F

ina l De c isio n unde r Do c ke t No . 13-08-14 issue d July 21, 2014

  • E

DC VNM Rid e rs sub mitte d a nd Applic a tio ns po ste d o n we b site s

  • F

ina l De c isio n unde r Do c ke t No . 13-08-14RE 01 issue d De c e mb e r 17, 2014

  • Re o pe ne d to a d d re ss imple me nta tio n fo r “sta nd a lo ne ” VNM fa c ilitie s
  • E

sta b lishe d c a lc ula tio n o f VNM c re d its fo r a ll Custo me r Ho st fa c ilitie s

  • F

ina l De c isio n unde r Do c ke t No . 13-08-14RE 02 issue d De c e mb e r 2, 2015

  • E

limina te d Una ssig ne d VNM Cre d its tha t we re c a rrie d to e nd o f ye a r

  • All VNM c re d its no w a llo c a te d e a c h mo nth to b e ne fic ia l a c c o unts witho ut

c a rrying o ve r to fo llo wing mo nths

slide-79
SLIDE 79

Virtual Net Metering Program Features and Implementation

  • VNM F

a c ilitie s up to 3 MW Cla ss I (a ll) o r Cla ss I I I (Munic ipa l & Sta te )

  • Munic ipa l o r Sta te Custo me r Ho sts c a n o wn, le a se o r b e und e r L
  • T

c o ntra c tua l a rra ng e me nt fo r re c e ipt

  • f po we r fro m VNM fa c ility
  • Ag ric ultura l Custo me r Ho sts must o wn the ir VNM fa c ility
  • Ne t E

xpo rte d kWh

  • Amo unt o f e xc e ss kWh d e live re d b y the Custo me r Ho st to the e le c tric d istrib utio n syste m
  • E

q ua l to the to ta l kWh e xpo rte d b y the Custo me r Ho st to the d istrib utio n syste m le ss the to ta l kWh impo rte d b y the Custo me r Ho st fro m the d istrib utio n syste m o ve r a mo nthly b illing pe rio d

  • VNM Cre dit De te rmine d Mo nthly
  • VNM Cre d it = (Ne t E

xpo rte d kWh) x (SS o r L RS + % T & D ra te s o f Custo me r Ho st)

  • Allo c a tio ns o f VNM Cre dits to Be ne fic ia l Ac c o unts
  • Munic ipa l & Sta te Be ne fic ia l Ac c o unts:
  • Up to 5 Munic ipa l o r Sta te , re spe c tive ly, plus
  • Up to 5 re spe c tive no n-Munic ipa l o r no n-Sta te Critic a l F

a c ilitie s Co nne c te d to Mic ro g rid

  • Ag ric ultura l Be ne fic ia l Ac c o unts:
  • Up to 10 c o nsisting o f Ag ric ultura l, Munic ipa l o r no n-c o mme rc ia l c ritic a l fa c ilitie s
slide-80
SLIDE 80

Virtual Net Metering Program Features and Implementation (Continued)

  • Annua l VNM Cre dits
  • T

he ma ximum, a g g re g a te d a nnua l c o mpe nsa tio n to a ll c usto me rs und e r the VNM pro g ra m is $2 millio n fo r UI a nd $8 millio n fo r E ve rso urc e

  • Ma ximum o f 40% (e .g ., E

ve rso urc e : $3.2 M) pe r c la ssific a tio n (i.e ., a g ric ultura l, munic ipa l a nd sta te se c to rs)

  • Ind ivid ua l Custo me r Ho st a nnua l c a ps a ssig ne d a t the time o f 2nd sta g e

a c c e pta nc e (se e Applic a tio n Pro c e ss)

  • Whe n a n ind ividua l Custo me r Ho st a nnua l c a p is re a c he d in a c a le nd a r ye a r,

ne t e ne rg y b illing c o ntinue s a nd a ll e xc e ss kWh pro d uc e d is c o mpe nsa te d und e r the a pplic a b le po we r purc ha se ra te fo r the re ma ind e r o f the ye a r

  • Applic a tio n Pro c e ss, Que uing a nd Pro g ra m Ca ps
  • T

wo -sta g e q ue uing pro c e ss

  • Ac c e pta nc e into initia l q ue ue re q uire s c o mple te , d a te -time sta mpe d

a pplic a tio n

  • Ac c e pta nc e a nd fulfillme nt o f a ny a d d itio na l re q uire me nts re sults in

a ssig nme nt o f a nnua l c a p a nd pla c e s VNM Custo me r Ho st into se c o nd - sta g e q ue ue

  • 12 mo nths to pla c e pro je c t in se rvic e ; o ne -time 6-mo nth e xte nsio n (fe e )
  • Ind ivid ua l, se c to r a nd c o mpa ny q ue ue s e va lua te d o n b a sis o f ind ivid ua l

c usto me r VNM c re d it c a ps

slide-81
SLIDE 81

Power Purchase Rates

  • Ava ila b le to a ny se lf-g e ne ra tio n fa c ility no t unde r

lo ng -te rm e le c tric purc ha se a g re e me nt

  • Purc ha se o f e le c tric ity de live re d to E

DC

  • E

ne rg y (kWh) o nly

  • Pric ing b a se d o n I

SO-NE CT Zo ne Re a l-T ime L MP

  • Applic a b le ra te sc he dule s:
  • E

ve rso urc e : Ra te 980

  • UI

: Po we r purc ha se d a t SG2 ra te (e ne rg y c o mpo ne nt o f L MP o nly)

slide-82
SLIDE 82

Questions?

F

  • r Ra te s, Ne t Me te ring , Virtua l Ne t Me te ring

Que stio ns, ple a se c o nta c t:

  • E

ve rso urc e : ja me s.mie rze je wski@ e ve rso urc e .c o m

  • UI

: ma rk.c o lc a @ uine t.c o m

slide-83
SLIDE 83

Thank You

  • Sub mit q ue stio ns via e ma il o nly:
  • L

RE C.ZRE C@ e ve rso urc e .c o m

  • Ple a se do no t sub mit q ue stio ns via Go T
  • We b ina r. Only e ma ile d

q ue stio ns will b e a ddre sse d.

  • Ma ste r list o f a ll q ue stio ns a nd a nswe rs will b e se nt

to a ll we b ina r pa rtic ipa nts.

  • K

e y Do c ume nts:

  • Se rvic e Ag re e me nt
  • T

e rms a nd Co nditio ns (E ve rso urc e )

  • Ac c e pta b le F
  • rms a nd Me tho ds o f Pro viding Pe rfo rma nc e Assura nc e

(E ve rso urc e )

  • Q&A
  • Ove rvie w o f the L

RE C/ ZRE C Pro g ra m

  • T

he Ye a r 4 Sma ll ZRE C T wo -We e k Windo w will o pe n a t 1:00pm E ST

  • n F

rida y, F e b rua ry 12, 2016, a nd c lo se a t 1:00pm E ST

  • n F

rida y, F e b rua ry 26, 2016

83