Holy Cross Energy

Del Worley

October 22, 2010

Holy Cross is an electric distribution cooperative that serve 55,000 meters

Most of our consumers are located in the Roaring Fork and Eagle valleys of West Central Colorado

Customers include Vail, Beaver Creek, Aspen, Snowmass and Sunlight ski resorts

As a cooperative, Holy Cross’s consumers are also our owners

Customer surveys: May 2003, May 2007 & November 2009

Find out about customer priorities:Concerned about the environmentSupport renewable generationSupport conservation & efficiencyWilling to pay more to meet these objectives

2009 - 5% more approx. 60% favor paying more2007 - 7% more approx. 80% favor paying 2% or

more

Western Area Power Administration 3%Ownership share in Comanche 3 supercritical

coal fired plant in Pueblo, CO 33%

Most efficient coal plant in ColoradoSmall renewables on our system (solar and

hydro) <1%Public Service Company of Colorado provides

the rest of our power supply

• Late 1990’s.– LivingWise program (5th grade classroom education)– Green pricing program (wind and small hydro) – Allowed net metering – Free Audits

• 2004– Voluntary goal of 20% renewable by 2015 (prior to

amendment 37)– Began the WE CARE program (With Efficiency, Conservation And

Renewable Energy)• Renewable energy rebates • Solar thermal rebates (2008)• Energy efficiency/conservation grants (up to $10,000)• Appliance rebates and refrigerator disposal• Continued free residential audits and began limited scope

commercial audits• Education and public outreach• Support for local environmental organizations

WE CARE program Funded through a 2% surcharge on annual operating

revenue Last survey - 2/3 of consumer base supported this surcharge

Any unspent funds are carried forward for future use in the program

Added 260 net metered systems, mostly solar (total 1,355 kW)

Purchase agreements with 3 hydro-electric systems (160 kW) Rebates on over 3,800 appliances and energy saving devices

Approximately 2,100 audits Total incentives paid to HCE consumers – Over $3.1 million

(L-T-D) LivingWise – 750 kits distributed to 5th graders (2009 – 2010

school year)

Energy Efficiency potential study (Nextant)Employee transportation incentives

Provide buses Carpool incentivesWalking and biking incentives

Use of efficient transformers and distribution voltage(line loss reduction)

Building retrofits (heating and lighting)New buildings constructed with efficiency

considerations

Renewables.

• 40 kW hydro system - partnership with Town of Basalt

• Clean Energy Collective (one MW and expandable)– Allows Holy Cross consumers to own a share of a community solar

farm – Holy Cross purchases the output through a monetary bill credit– 80 kW completed with another 900 kW planned

– Studying the value provided by distributed solar and hydro generation in partnership with San Luis Valley, Fort Collins/Platte River and the GEO

– Working with Public Service Company of Colorado to add additional renewables through our power supply contract

– Review renewable opportunities from cold calls

• Holy Cross is currently developing a five year renewable energy & energy efficiency plan– Renewable energy – achieving 20% by

2015• 10 MW renewable energy RFP • Issued in August• Due at the end of January, 2011 (interest

appears good)• One MW solar RFP• Currently evaluating responses and developing

short list (response was good)

Developing an energy efficiency plan Created Energy Efficiency task force to

create a planIssued RFP to have a consultant develop

a five year energy efficiency plan Reviewing alternative pricing structures Investigating smart grid technology