Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Corporate Update (June 2022)
28 slides from Xcel Energy's corporate update, Jun 30, 2022
Slide 1: 2021-2023 Transportation Electrification Plan Quarterly Stakeholder Meeting
PUBLIC SERVICE COMPANY OF COLORADO 2021-2023 TRANSPORTATION ELECTRIFICATION PLAN (TEP) QUARTERLY STAKEHOLDER MEETING June 30, 2022 © 2022 Xcel Energy 1 II - Internal Information
Slide 2: Agenda
AGENDA 1. TEP Program Development, Updates, & Timelines 2. Discussion Topics • Public DCFC Siting • TEP Evaluation and Reporting 3. 60 Day Notices 4. Wrap Up © 2022 Xcel Energy II - Internal Information
Slide 3: 1. TEP Program Development, Updates, & Timelines
1. TEP PROGRAM DEVELOPMENT, UPDATES, & TIMELINES Equity Programs, Residential Portfolio, MFH Portfolio, Commercial Portfolio, Advisory Services, Partnerships/Research/Innovation (PRI) © 2022 Xcel Energy II - Internal Information
Slide 4: Xcel Energy Transportation Electrification Plan: Updates
Xcel Energy Transportation Electrification Plan: Updates TEP Semi-Annual Report – Filed April 1, 2022. • Updates on program participation, program/portfolio spending, EV adoption, other metrics (where available) as outlined in the Final TEP • Top level program summary: • Ongoing challenges on global
Slide 5: Xcel Energy Transportation Electrification Plan: Status
Xcel Energy Transportation Electrification Plan: Status Overview of applications and participation in MFH, Fleet, Workplace, and Public TEP Programs (EVSI + Optional Charging Stations) (Note: Data as of March 1, 2022) Expected Charging Actual Charging Station Ports Supply Infrastructure Station Port
Slide 6: Xcel Energy Transportation Electrification Plan: Status
Xcel Energy Transportation Electrification Plan: Status Overview of applications and participation in Residential and Equity programs (Note: Data as of March 1, 2022) Expected Charging Actual Charging Station Ports Station Ports Awarded Percent of Program Applications Supported by by Program Goal Pr
Slide 7: Residential Home Charging Programs
Residential Home Charging Programs EV Accelerate At Home (EVAAH) • Program Launched in Colorado on August 5th, 2021 o Provides hassle-free installation and maintenance of utility-owned level 2 charger for $13.29 monthly fee o EV static optimization required for 1 year (opt-out for income-qualified c
Slide 8: Residential Optimization
Residential Optimization Optimize Your Charge Program (Static Optimization) • Program live in CO Aug 2021 o Customers get $50 annual bill credit for charging at least 25% of the time during one of three off-peak charging schedules. o Current participation via eligible Level 2 chargers (Enel X & Char
Slide 9: EV Purchase/Lease Rebate for Income Qualified Customers
EV Purchase/Lease Rebate for Income Qualified Customers • Income-qualified customers get $3,000 off a pre-owned EV and $5,500 off a new EV; maximum MSRP or sale price is $50,000 • Program live in August of 2021; over 150 applications received to date • As of 6/1/2022, 62 rebates issued (44 new, 18 p
Slide 10: EV Dealer Network (Advisory Services)
EV Dealer Network (Advisory Services) • Our voluntary network of local dealer partners was launched in March 2021 • We offer in-showroom tools and resources to help customers save and get set up to charge their EVs at home • The network has grown! o 25 Dealers in Colorado, 53 dealers across Xcel Ene
Slide 11: Multi-Family Housing (MFH) Programs
Multi-Family Housing (MFH) Programs EV Supply Infrastructure (EVSI) as of 6/1/2022 • Multifamily Housing – Shared Parking EVSI has received 9 applications for customer sites that support 40 ports. • Multifamily Housing – Assigned Parking EVSI has received 16 applications for customer sites that supp
Slide 12: Commercial TEP Programs
Commercial TEP Programs As of 6/1/2022: Fleet EVSI • Received 18 applications for customer sites that support 103 ports Workplace EVSI • Received 17 applications for customer sites that support 179 ports Primary General EV Pilot Received 2 applications for customer sites that support 34 ports Commun
Slide 13: School Buses
School Buses Funds (Fund up to 7 School Bus Rebate Program Available buses) • Launched in October 2021 Rebate per Bus $275,000 • Held 4 webinars across the territory (Max.) • Continuous account management outreach Buses Funded 0 • Intakes are occurring YTD • 4 customers have submitted intake forms f
Slide 14: Advisory Services – Fleet Electrification
Advisory Services – Fleet Electrification Fleet Electrification Advisory Program • Update on Fleet Assessments: • 20 applicants currently participating • 4 have completed a full assessment • Expected another 10-20 to complete by year-end • Covers all fleet market segments • Over 700 vehicles analyze
Slide 15: Advisory Services – Communities
Advisory Services – Communities Community EV Planning • Xcel Energy’s Partners in Energy program • Planning incorporates and support for implementation leverages Xcel Energy programs and 3rd party resources • Interest in EV planning remains strong for traditional plans • No participation to date wit
Slide 16: 2. Discussion Topics
2. DISCUSSION TOPICS Public DCFC Siting, TEP Evaluation and Reporting © 2022 Xcel Energy II - Internal Information
Slide 17: Public Service DCFC Program
Public Service DCFC Program Siting Analysis and Outreach: • Conducted analysis with Guidehouse • Used 10-mile and 2-mile buffers for Connector and Market stations, respectively (to try to build in even more space from existing DCFC) • Aggregated the sites to ~80 census tracts across our service area
Slide 18: Public Service DCFC Program (contd.)
Public Service DCFC Program (contd.) Customer Applications: • Received ~20 applications from interested customers/site hosts • 5 applications qualified as Connector sites (>10 miles from other public DCFC stations) and the rest were Market stations • 2 connector station applications for the same tow
Slide 19: Delivering Insights at the Intersection of the EV Driver and the Grid
We are the nation’s largest independently-owned firm specializing in energy research and evaluation. Delivering Insights at the Intersection of the EV Driver and the Grid We help our clients identify ways to accelerate electric vehicle adoption, effectively manage electric vehicle charging, and eval
Slide 20: Evaluation Approach
Evaluation Approach Embedded evaluation focused on program performance feedback and delivering insights to inform future TEPs and EV market needs Customer Research KPI Measurement and Reporting Objective: Deliver insights to inform program Objective: Provide updates on evaluation results, improvemen
Slide 21: 3. 60/90 Day Notices
3. 60/90 DAY NOTICES Process, Schedule, Upcoming Notices © 2022 Xcel Energy II - Internal Information
Slide 22: 60/90 Day Notices Process
60/90 Day Notices Process • Proposal: Notices will be filed in the month following each quarterly stakeholder meeting o i.e., January, April, July, October Pending/Upcoming notices • No pending/upcoming notices Summaries filed • The Company will provide a written summary of input submitted through
Slide 23: 60/90 Day Notice: Higher Emissions Community Designations
60/90 Day Notice: Higher Emissions Community Designations Recommended Decision and Feedback to Public Comment • Original 60DN was issued in April 2022 summarizing the application of the City of Sheridan and Public Service's recommended Decision • Received one comment from the City of Sheridan Final
Slide 24: PRI Portfolio Update
PRI Portfolio Update Program Overview • EV Load Disaggregation Pilot’s “60 Day Summary Report” will be filed soon o Preparing summary responses now (anticipate week of 7/4) • Preparing to launch: o EV Equitable Car Sharing Pilot – (originally, “Electric Car Sharing for Underserved Communities Pilot”
Slide 25: PRI Portfolio Update
PRI Portfolio Update Application Launch Webinars EV Equitable Car Sharing Site Host Pilot Webinar on how to become a site host. • Thursday, June 30, at 1:00 p.m. MT • Thursday, July 7, at 12:00 p.m. MT EV Refuse Fleets Pilot Learn about how to participate in our Electric Vehicle Refuse Fleets pilot.
Slide 26: 4. Wrap Up
4. WRAP UP Next Meeting September 2022 © 2022 Xcel Energy II - Internal Information
Slide 27: Additional Contact Information
Additional Contact Information Jack Ihle Deb Erwin Xcel Energy Xcel Energy Director, Regulatory and Strategic Analysis Director, Policy and Planning Jack.Ihle@xcelenergy.com Clean Transportation Deborah.E.Erwin@xcelenergy.com Jason Peuquet Xcel Energy Ryan Pocius Strategy and Policy Manager, Xcel En
Slide 28: II - Internal Information
© 2022 Xcel Energy 28 II - Internal Information