Loading...
5.4. ERMUSR 12-09-2003 Elk River Municipal Utilities 322 King Avenue phone: 763.441.2020 Elk River,MN 55330 Fax.763.441.8099 December 1, 2003 To: Elk River Municipal Utilities Commission John Dietz Jerry Takle James Tralle From: Bryan Adams Subject: Air Conditioning Rebate During our budgeting process, we review our rates and rebates. One issue that has again risen, is the $6/month controlled air conditioning rebate for the 5 summer months. Is this rebate to small,just right, or to large? This program entails allowing the electric utility to interrupt the customers air conditioner during periods of high demand. Interruption durations are typically 15 minutes every 30 minutes. The house will heat up generally 2 to 3 degrees. The customer receives a$30 rebate per year. The utility pays to have the air conditioner controller installed on the air conditioner at an approximate cost of$220 plus maintenance. Attached is Vance Zehringer's memo with his analysis. This analysis reflects, loosing $114.28/year per uncontrolled air conditioner and $40.94/year per controlled air conditioner. Although the assumptions are questionable in these analysis',there is no doubt we loose less money with a controlled air conditioner. Connexus has abandoned this program. Their financial analysis indicated the financial difference between controlling and not controlling air conditioners is not much, but the maintenance and after hour calls make it difficult to justify the program. I justify this program because it does keep the electric demand lower, thus delays building power plants (Great River Energy controlled air conditioning load is 105/MW±). Customers now oversize their air conditioning units in their homes to compensate for the home heating up, which negates some of the demand savings. In previous discussion with this commission about this issue, none of the commissioners utilized this program because during hot weather. They wanted to stay cool and not have anybody controlling their air conditioning. The $30 rebate was irrelevant. Is this still the case? Attached is our brochure for this program. Some staff members would like to see a higher rebate to encourage more customer participation. I would recommend our existing program but do a better job of promoting. >1*, lk River Municipal Utilities 322 King Avenue phone: 763.441.2020 Elk River,MN 55330 Fax:763.441.8099 November 13, 2003 To: Bryan Adams From: Vance Zehringer Subject: Financial Analysis Cycled AC vs Uncontrolled AC The attached analyses illustrate ERMU's net margin for residential controlled air conditioner vs uncontrolled. These are the same demand assumptions we agreed to use previously. Projected 2004 wholesale and retail rates have been applied. The load control switch cost has been reduced to reflect the $50 per unit rebate GRE pays when used on cycled ACs. There is a noticeable difference between the two analyses. Each year,the uncontrolled AC nets ERMU a$114 loss. The controlled AC nets a loss of$41 per year for the first 7 years, so in effect, ERMU"saves" $73 a year for every controlled AC it has on its system. Because the Controlled AC analysis assumes a 7 year amortization schedule for the load control switch,once the switch and installation is paid for, ERMU"saves" $97 per year in years 8 and beyond. These losses of course, assume a constant wholesale and retail rate which we know will not be the case. I'm wondering if we don't want to get more aggressive in signing our customers up for the Cycled AC Program? Each controlled AC saves ERMU $1287 over its 15 year life, once again assuming a constant wholesale and retail rate. Pretty impressive numbers when you look at the potential. I would guess we have at least 3000 uncontrolled central ACs and if we could sign up 1500 of them,that number becomes 1.93 million dollars over that same 15 year period! ECONOMIC ANALYSIS UNCONTROLLED AC 2004 Res Rate DESCRIPTION BILLING UNITS RATE REVENUE Fixed chg AMouNT COMMA Demand chg summer 12 mo $7.00 per mo $0.00 Not Applicable Demand 0 kw chg winter 0 $0.00 per kw $0.00 Energy chg summer 1,227 kwh $0.00 per kw Not Applicable kw ngy chg winter 0 kwh $0.0865 $ Not Applicable Energy Subtotal $0.0713 per kwh $106.14.14 Res Sum mer Rate Other PCA 1,227 kwh 0.00 $106.14 Res Winter Rate TOTAL REVENUE $0000 per kwh 0.00 No June,July or Aug EXPENSE $106.14 Pwr Billspring/fall Spring/fall coin dmd Dist Dmd loss(6%) 4.3 kw $7.23 per kw Subtotal 0.258 kw $31.09 Energy $7.23 per kw AC Not Controlled 125 kwh 146 Dist Energy loss(6%) $0.027650 per kwh $3.96 Subtotal 7.5 kwh $0.027650 per kwh $3.46 Pwr Bill-summer 0.21 Summer coin dmd $3.66 Dist Dmd loss(6%) 8.3 kw $17.22 per , Subtotal 0.498 kw $142.93 $17.22 per kw AC Not Controlled Energy 8.58 Dist Energy loss(6%) 61102 1%11 $0.027650 per kwh $151.50 Pwr Bill-winter $0.027650 per kwh $30.47 winter Winter coin dmd $32.30 0 k Dist Dmd loss(6°,6) w $10.56 per , Subtotal 0 $10.56 per kw $0.00 AC Off Energy Dist Energy loss(6°/,) 0 kwh $0.027650 per kwh $0.00 Subtotal 0 kwh $0.027650 per $0.00 Substation charge Other $0.00 per yr S0.00 Subtotal Power Cost $0.00 0.00 Distribution Costs $220.42 Substation Pri distribution sys $0.00 per yr Service transformer $0.00 per yr $0.00 Service drop $0.00 $0.00 per yr $0.00 Meter $0.00 per yr Meter reading/billing yr$0.00 total $0.00 Remote control unit installed $0.00 per $000 Program admin $0.00 total $000 Subtotal Dist Cost $0.00 per yr $0.00 No Control Sw O.Oo Customer Incentive Credit @ $0.00 $0.00 per mo X 5 $0.00 Marketing Not Controlled Total Expense $0.00 per yr 0.00 GROSS MARGIN(LOSS)BEFORE GRE CREDIT $220.42 GRECREDIT @ $0.00 PER AC PER MONTH X 3 NET MARGIN(LOSS)BEFORE CIP CREDIT APPLIED ($114.28) CIP CREDIT(EXPENSES OFFSET REQUIRED 0.00 Not Controlled NET MARGIN(LOSS)INCLUDING CIP CREDIT SPENDING) ($11418) 1020 ($114.28) No Control Sw 2004 Res Rate ECONOMIC ANALYSIS CONTROLLED AC AMOUNT COMAS DESCRIPTION BILUN RpyTE Not Applicable $7.00 per mo $0.00 Not Applicable REVENUE 12 mo �� per low $0.00 Not Applicable Deed chg 0 kw $0.00 kw Demand chg summer 0 kw $0.00 per kwh §106 14 Nos Summer Rate Demand chg summer 1227 kwh $0.0865 per S014 ResSumm Summer Rate Energy chg summer 0 kwh $0.0713 per kwh $106.14 Energy chg Subtotal No June,July or Aug Subtotal 1,227 kwh MO $0.000 per kwh Other PCA $106.14 TOTAL REVENUE EXPENSE $10.85 AC Controlled • Pwr Bill-$Pring�ll 1.5 kw $7.23 per kw S0 05 Dist Dmd coin dmd $7.23 per kw $11.50 Dist Dmd loss Subtotal 0'� $3.46 Subtotal $0.027650 per IoHlt 125 kwh 027650 per kwh 21 Energy loss(6%) 7.5 kwh �' $3.66 Dist Energy Subtotal $82.66 AC Controlled Pwr Bill-summer 4.8 $17.22 per kw Demmer coin dmd $17.22 per kw $87.62 Dist Dmd loss Subtotal 0.288 kw $30.47 Subtotal 1102 kwh $0.027650 per kwh S1 Energy loss(6%) 66.12 kwh $0.027650 per kwh $32.30 Pwr Dist Energy Subtotal �� AC Off Winter coin d Bill-winter 0 kw $10.56 per kw Winter coin loss( 0 kw $10.56 per kw $0.00 Dist Dmd loS ub6%) Subtotal 0 kwh $0.027650 per kwh �00 Energy 0 kwh $0.027650 per kwh $0.00 Dist Energy loss(6%) $000 Subtotal $0.00 pef yr Other charge $135.07 Other Subtotal Power Cost $0.00 per yr $0.00 Substation Costs $0.00 Substation $0.00 per yr $0.00 Sei viseitransf r 00 yr $0 00 required Service drop transformer $0.00 per yr Only one meter req $0.00 total $ .E Only one meter Service drop $0.00 r 7 years& Meter $0.00 per yr $23.57 Amortized over Ye Remote control unit $165.00 total $p00 Amortized er7 sw rebate Remote control unit installed $0.00 per yr $23.67 Subtotal admin Subtotal Dist Cost Annual customer credit 56.00 per mo X 5 $30.00 Incentive Credit II Marketing $0.00 per yr 0.0 $1118.64 Total Expense ($82.51) BEFORE GRE CREDIT 121.1_i_10 1 Control credit GROSS MARGIN (LOSS) (g6a 51) • GRECREDIT t/ID $6.00 PER AC PER MONTH X 3 No Control Sw 2$ 3.51 NET MARGIN(LOSS)BEFORE CIP REQUIRED D SLID ($a0 9a) CIP CREDIT(EXPENSES NET MARGIN(LOSS)INCLUDING C POCREDI SPENDING)