Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Corporate Update (September 2022)
29 slides from Xcel Energy's corporate update, Sep 22, 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 September 22, 2022 © 2022 Xcel Energy 1 II - Internal Information
Slide 2: Agenda
AGENDA 1. TEP Program Development, Updates, & Timelines 2. 60 Day Notices • HEC • Program Adjustments 3. Discussion Topics • CO TEP 2024-2026 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 – Filing October 13, 2022. • Updates on program participation, program/portfolio spending, EV adoption, other metrics (where available) as outlined in the Final TEP • Top level program summary: • Supply chain issues have
Slide 5: Transportation Electrification Plan: Status
Xcel Energy Transportation Electrification Plan: Status Overview of applications and participation in MFH, Fleet, Workplace, Community Charging and Public TEP Programs (EVSI + Optional Charging Stations) (Note: Data as of September 1, 2022) Actual Charging Station Actual Charging Station Original Go
Slide 6: Transportation Electrification Plan: Status
Xcel Energy Transportation Electrification Plan: Status Overview of applications and participation in Residential and Equity programs (Note: Data as of September 1, 2022) Original Goal for Actual Charging Station Actual Charging Station Charging Station Ports/Rebates Awarded Ports/Rebates Awarded Pe
Slide 7: Residential Home Charging Programs
Residential Home Charging Programs EV Accelerate At Home (EVAAH) • Program Launched in Colorado on August 5, 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 cus
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 9/1/2022, 78 rebates issued (57 new, 21 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 27 Dealers in Colorado, 58 dealers across Xcel Ene
Slide 11: Multi-Family Housing (MFH) Programs
Multi-Family Housing (MFH) Programs EV Supply Infrastructure (EVSI) as of 9/1/2022 • Multifamily Housing – Shared Parking EVSI has received 29 applications for customer sites that support 140 ports. • Multifamily Housing – Assigned Parking EVSI has received 28 applications for customer sites that su
Slide 12: Commercial TEP Programs
Commercial TEP Programs As of 9/1/2022: Fleet EVSI • Received 32 applications for customer sites that support 197 ports Workplace EVSI • Received 56 applications for customer sites that support 359 ports Primary General EV Pilot • Received 4 applications for customer sites that support 40 ports Comm
Slide 13: Public Service DCFC Program
Public Service DCFC Program Short List of Sites: • Company has extensively reviewed all applications and is conducting site visits for 6 locations in the following cities/towns: • Monte Vista (Connector) (2 possible sites) • Central City (Connector) (site TBD) • Severance (Connector) (W 4th Ave.) •
Slide 14: School Buses
School Buses Funds Fund up to 8 School Bus Rebate Program Available buses • Launched in October 2021 ($2.2 M) • Held 4 webinars across the territory Rebate per $275,000 Max • Continuous account management outreach Bus or 75% of Project • Intakes are occurring Buses Funded 0 YTD • 3 customers have su
Slide 15: Advisory Services – Fleet Electrification
Advisory Services – Fleet Electrification Fleet Electrification Advisory Program • Update on Fleet Assessments: • 19 applicants currently participating • 6 have completed a full assessment • Expected another 10-12 to complete by year-end • Covers all fleet market segments • Nearly 1,300 vehicles ana
Slide 16: 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 • Facilitates participation in other Xcel Energy EV offerings as appropriate • Regional plann
Slide 17: Partnerships, Research, & Innovation (PRI) Portfolio Update
Partnerships, Research, & Innovation (PRI) 1 of 2 Portfolio Update (1) EV Equitable Car Sharing* • Launched July 27, 2022 o Bring benefits of EVs to underserved Colorado communities through car sharing o Target: 17 applications | 41 received (240% of goal) Car Sharing (2) EV Paratransit Fleets* • La
Slide 18: Partnerships, Research, & Innovation (PRI) Portfolio Update
Partnerships, Research, & Innovation (PRI) 2 of 2 Portfolio Update (4) Residential Resiliency • Study impacts of EV charging on the grid with new tools to improve resiliency o Project kick-off is underway with National Renewable Energy Laboratory (NREL) Residential Resiliency (5) Vehicle to X (V2X)
Slide 19: 2. 60/90 Day Notices
2. 60/90 DAY NOTICES Process, Schedule, Upcoming Notices © 2022 Xcel Energy II - Internal Information
Slide 20: 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 • Globeville HEC 60-Day Notice Summary Report • Program Adjustments 60-Day Notice Summaries filed • The Company will p
Slide 21: 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 early August 2022 summarizing the application to designate Globeville and Public Service's recommendedation • Received one comment from Staff Final Recommendati
Slide 22: 60 Day Notice: MFH/Commercial Charger Rebate and PRI Refuse Pilot
60 Day Notice: MFH/Commercial Charger Rebate and PRI Refuse Pilot – Program Adjustments MFH and Commercial Charger Rebate Programs • Rebates are available for MFH/Commercial buildings installing chargers on premises within Income-Qualified and Higher Emissions Communities. • As of September 1, 2022,
Slide 23: MFH/Commercial EV Charger Rebates – Program Adjustments
MFH/Commercial EV Charger Rebates – Program Adjustments Multifamily Community Charging Fleet/Workplace Rebate Small Business Housing Rebate Hub Rebate Rebate Current $800 for Level 2 $2,200 for Level 2 (4 port $2,200 for Level 2 $2,500 for Level 2 maximum (assigned parking) minimum) (maximum of 3 pe
Slide 24: 60 Day Notice: PRI Refuse Pilot – Program Adjustments
60 Day Notice: PRI Refuse Pilot – Program Adjustments Original pilot Procure and lease 1-5 electric refuse vehicles for short-term demonstrations with various municipal and private refuse fleets throughout Xcel Energy’s service territory. Issues The Company has encountered unanticipated issues aroun
Slide 25: 3. Discussion Topics
3. DISCUSSION TOPICS CO TEP 2024-2026 © 2022 Xcel Energy II - Internal Information
Slide 26: Xcel Energy TEP 2024-2026 Engagement
Xcel Energy TEP 2024-2026 Engagement 1:1 Meetings Customer/Participant Feedback Stakeholder and Community Workshops Engagement Community Events Quarterly Stakeholder Meetings Outreach to and input from higher emissions communities, income-qualified customers, and © 2022 Xcel Energy municipalities wi
Slide 27: 4. Wrap Up
4. WRAP UP Next Meeting December 2022 © 2022 Xcel Energy II - Internal Information
Slide 28: 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 29: II - Internal Information
© 2022 Xcel Energy 29 II - Internal Information