TO: UTILITIES ADVISORY COMMISSION FROM: UTILITIES DEPARTMENT
DATE: SUBJECT:
JANUARY 11, 2017
Utilities Quarterly Update - 1st Quarter of Fiscal Year 2017
This update, on water, gas, electric, wastewater collection and fiber utilities, efficiency programs, legislative/regulatory issues, utility-related capital improvement programs, operations reliability impact measures and a utility financial summary, is for the Council and Utilities Advisory Commission's {UAC's) information. This update has been prepared to keep the UAC and Council apprised of the major issues that are facing the water, gas, electric, wastewater collection and fiber utilities.
Items of special interest this quarter include:
an accounting of the use of the cap-and-trade allowance revenues for the electric fund since 2012 (page 6 and Table 1on page 7)
a discussion of the use of cap-and-trade allowance revenues for the gas fund (page 12)
a chart showing that actual gas prices for fiscal year (FY 2017 to date have been higher than expected when the budget was prepared (Figure 10 on page 15)
a notice of the Power Content Label with a link to the location on the City's website (page 20)
a discussion on the legislative and regulatory issues expected in the comingyear (page 21)
the first quarter of FY 2017 financial summary for each fund is not included in this quarterly report due to the City's focus on completion of the FY 2016 Comprehensive Annual Financial Report. A full financial summary and reserve level status update will be provided in the second quarter update.
Attachment:
Attachment A: Utilities Fiscal year 2017 First Quarter Report
REVIEWED BY: APPROVED BY:
VA_ SWAMNATHAN,Senior Resource Planner
;;.
ED SHIKADA
Utilities General Manager
ATTACHMENT A
Utilities Quarterly Update |
First Quarter of Fiscal Year 2017 |
December 2016 |
Water Use Compared to Targets 15
Public Benefit, Demand Side Management Programs and Communications 18
Energy Efficiency Program Achievements 18
Residential Bill Comparisons (based on 30-day bills) 22
Non-Residential Bill Comparisons (based on 30-day bills) 24
i
Quarterly Update for First Quarter of FY 2017 December 2016 List of FiguresFigure 1: Electric Supply Resource Actual and Projection, 2015 to 2017 (as of Oct. 26, 2016) 5
Figure 2: CY 2017 Monthly Electric Supply Resource Projection 5
Figure 3: Northern California Peak Electric Prices (as of October 25, 2016) 6
Figure 4: FY 2016 Electric Load and Resource Balance 10
Figure 5: FY 2016 Electric Market Purchase Costs and Market Prices 11
Figure 6: CPAU's Gas Commodity Rates-July 2012 through November 2016 12
Figure 7: Cumulative Redwood Pipeline Cost vs. Market Benchmarks 13
Figure 8: Natural Gas Consumption - Budget vs. Actual 14
Figure 9: Natural Gas Supply Cost - Budget vs. Actual 14
Figure 10: FY 2016 Natural Gas Prices ($/MMBtu) - Expected vs. Actual 15
Figure 11: Water Use Compared to Voluntary Target 16
Figure 12: Water Consumption - Budget vs. Actual 17
Figure 13: Water Cost - Budget vs. Actual 17
List of TablesTable 1: Use of Cap-and-Trade Allowance Auction Revenue and Expenditures 7
Table 2: FY 2016 Electric Utility Supply Cost Summary 8
Table 3: FY 2016 Electric Load and Generation Compared to Budget Projections 9
Table 4: Status to date of all applications to the Program for Emerging Technologies 21
Table 5: Residential Electric Bill Comparison ($/month) 22
Table 6: Residential Natural Gas Bill Comparison ($/month) 23
Table 7: Residential Water Bill Comparison ($/month) 23
Table 8: Residential Wastewater Collection (Sewer) Bill Comparison ($/month) 23
Table 9: Median Residential Overall Bill Comparison ($/month) 23
Table 10: Non-Residential Electric Bill Comparison ($/month) 24
Table 11: Non-Residential Natural Gas Bill Comparison ($/month) 24
ii
City of Palo Alto, CA published this content on 06 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 January 2017 17:37:09 UTC.
Original documenthttp://www.cityofpaloalto.org/civicax/filebank/blobdload.aspx?BlobID=55414
Public permalinkhttp://www.publicnow.com/view/7AC5997B7B306AC39FBDE5233F0FC6A8660E5290