Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — Conference Presentation (May 2019)
17 slides from Alliant Energy's conference presentation, May 29, 2019
Slide 1: Wisconsin Electric Interruptible Webinar
Wisconsin Electric Interruptible Webinar Doug Peyton, Alliant Energy Product Manager May 29, 2019
Slide 2: Agenda
Agenda • Introductions • Overview of 2018 • Event day procedures • Buy through/energy costs • Penalties •Q & A 2
Slide 3: Electric interruptible program
Electric interruptible program Benefits of participation • Provides participants a discounted rate • Reduces demand during peak critical system conditions • Lessens the need to build or purchase energy at high market prices Current participation • 128 customers, divided by rate • Interruptible load
Slide 4: Overview of 2018
Overview of 2018 • No Interrupts were called in 2018 ‒ Interrupt on Jan 30, 2019 • First winter interrupt since 2003 • Annual system peak was June 29, 2018 at 5 p.m. ‒ Load was near 2,647 MW ‒ Historic peak was July 17, 2006 at 2,941 MW 4
Slide 5: Decision to interrupt
Decision to interrupt We monitor forecasted loads and high demand days ‒ Reliability ‒ System integrity, transmission issues & MISO ‒ Annual limit 150 hours ‒ Economic – Reducing Peak Demand ‒ Peak shaving ‒ Energy prices are expected to exceed a threshold price level expressed as the cost per kWh o
Slide 6: Interrupt Process
Interrupt Process • If an interruptible event is warranted, customers will be given their required notice (instantaneous or one hour) • Event process: 1. Interruptible website and hotline updated ‒ Will be updated first and have more detailed information 2. Interrupt notification sent (phone, cell,
Slide 7: Load subject to buy through charges
Load subject to buy through charges 7
Slide 8: Load subject to buy through charges with a nominated interruptible demand
Load subject to buy through charges with a nominated interruptible demand 8
Slide 9: Wisconsin Power and Light Company CP-1 INT: Economic Interruption
Wisconsin Power and Light Company CP-1 INT: Economic Interruption Volume Ill, 21st Revision, Sheet No. 7.60 Company: l I [Amendment §26, Schedule CpINT ‘Account #: SAID: Effective: | 1/1/2017 Event Date: Begin Time: Kivh Market Rate TaitRate End Time: Market Hou MISO LMP Hour! Customer Expense @ Buy
Slide 10: Event day: Finding information
Event day: Finding information • Alliant Energy website ‒ alliantenergy.com/interrupteventstatus ‒ Wisconsin service area (electric customers) ‒ Provides status update and current interruption data • Interruptible Hotline 1-800-241-0588 ‒ Please follow the prompts ‒ At anytime, press 5 for the Busin
Slide 11: Interruptible status – Wisconsin service area
Alliantenergy.com/interrupteventstatus Interruptible status – Wisconsin service area Weather and system conditions are such that we are at the following interruption status: Electric Customers Last updated Feb 27, 2019 @ 2:15 p.m. Alliant Energy is issuing an INTERRUPT NOTICE to participating custom
Slide 12: Interruptible message example
Interruptible message example Text and Email example Wisconsin Instantaneous Interrupt notice Alliant Energy is calling a RELIABILITY INTERRUPT for all Wisconsin Instantaneous notice customers on the Electric Interruptible program. Customers receiving this notice must reduce load to their contracted
Slide 13: Penalties
Penalties • If usage exceeds contracted firm level ‒Usage above contracted firm level $25.00 per kW ‒125% of the LMP price at that hour ending period • Penalty is for 12 months • A second occurrence within the 12 month period raises the per kW charge to $35 and 150% on the most expensive LMP price 1
Slide 14: Instantaneous notice rate (CP-1B or 2B)
Instantaneous notice rate (CP-1B or 2B) First interval at firm 1:15 pm Notification sent 12:40 pm 12:30 PM 12:45 PM 1:00 PM 1:15 PM 2:00 PM 3:00 PM 4:00 PM 5:00 PM 6:00 PM Must be at firm level by 1:00 pm End notification sent 6:00 pm The customer must have the ability to curtail load to Contracted
Slide 15: One Hour notice rate (CP 1A or 2A)
One Hour notice rate (CP 1A or 2A) First interval at firm 1:15 pm Notification sent 11:40 am 11:30 AM 11:45 AM 12:00 PM 12:15 PM 12:30 PM 12:45 PM 1:00 PM 1:15 PM 2:00 PM 3:00 PM 4:00 PM 5:00 PM 6:00 PM Must be at firm level by 1:00 pm End notification sent 6:00 pm The customer must have the ability
Slide 16: Communications test
Communications test 1 p.m. today Communications test only No action required Who should receive notice has Will follow up on all contacts that didn’t receive notice 16
Slide 17: Questions
Questions • Call ‒ Key account manager or Business Resource Center ‒ 1-866-ALLIANT (866-255-4268), follow the prompts • Email ‒ interruptible@alliantenergy.com ‒ Contact your key account manager or the Business Resource Center for rate analysis if you would like to raise or lower contracted firm lev