Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Corporate Update (February 2010)
40 slides from Xcel Energy's corporate update, Feb 18, 2010
Slide 1: Colorado DSM Roundtable Discussion
Xcel Energy Colorado DSM Roundtable Discussion February 18, 2010 1:00pm to 4:15pm TSB Basement Room 019
Slide 2: Welcome and Introductions
Welcome and Introductions Contact Info: Suzanne Doyle Manager, DSM Regulatory Strategy & Planning Office Phone: 612-330-5518 Cell Phone: 612-599-5785 E-mail: Suzanne.Doyle@xcelenergy.com
Slide 3: Agenda
Agenda 1:00 – 1:05 Welcome, Introductions (Doyle) 1:05 – 1:15 Regulatory Updates (Doyle) 1:15 – 2:15 Update on Potential Study (Coito) 2:15 – 2:30 Break 2:30 – 3:15 DSM Program Highlights (Gabler) 3:15 – 3:35 Product Development Update (Spargo) 3:35 – 4:00 Recommendations from Program Evaluations (H
Slide 4: Regulatory Updates
Regulatory Updates Presented by: Suzanne Doyle Compliance Complianceinformation informationisisavailable available at atXcel XcelEnergy’s Energy’sDSM DSMWebsite: Website: http://www.xcelenergy.com/Colorado/Company/About_Energy_ http://www.xcelenergy.com/Colorado/Company/About_Energy_ and_Rates/Deman
Slide 5: 2009 60-Day Notices
2009 60-Day Notices April 14, 2009 September 28, 2009 Boiler Efficiency Insulation Rebates Cooling Efficiency AC Tune-Ups (under High-Efficiency April 30, 2009 AC Program) Furnace Efficiency ENERGY STAR New Homes Motor & Drive Efficiency Cooling Efficiency Compressed Air Effi
Slide 6: 2010 60-Day Notices
2010 60-Day Notices February 8, 2010 AC Tune-Up Pilot Standard Offer Smart Grid Pricing Pilot Future Notices New Commercial heating products Implementation of Evaluation Recommendations (See Market Research section) 6
Slide 7: Recent Filings
Recent Filings February 1, 2010 - Methodology for the Calculation of Lost Revenues coming from the most recent gas rule changes February 15, 2010 - Written Quarterly Update of programs status, energy, demand, and expenditures February 15, 2010 - Quarterly Report on number and value of rebates
Slide 8: Upcoming Filings
Upcoming Filings 2011 DSM Plan (Electric & Gas) – Feb 2010 – Motion to Modify Procedures May 2010 – DSM Strategic Issues Application July 2010 – 2011 DSM Plan July 2011 – 2012/13 DSM Plan (or 2012/13/14) 2009 DSM Annual Report (Electric & Gas) April 1, 2010 – Status Report April 1, 2
Slide 9: Filing Details
Filing Details February 2010 – Motion to Modify Procedures One year Plan (for 2011 instead of biennium) filed in 2010 Bifurcated Filing – separate strategic issues from 2011 Plan Minor changes/additions reflected in 2011 Plan May 2010 – DSM Strategic Issues Application Commission Order a
Slide 10: 2009 Electric & Natural Gas DSM Potential Study
2009 Electric & Natural Gas DSM Potential Study Presented By: Fred Coito 10
Slide 11: Break
(2) Xcel Energy’ Break
Slide 12: DSM Program Highlights
DSM Program Highlights Presented By: Lee Gabler
Slide 13: Preliminary 2009 DSM Achievements
Preliminary 2009 DSM Achievements Electric Goals: 56.5 MW, 175 GWh, $50.5M Electric Achievements: 70.6 MW, 218 GWh, $43.9M Gas Goals: 318,140 Dth, $12.6M Gas Achievements: 303,077 Dth, $11.6M 13
Slide 14: Residential and Low-Income Program Highlights
Residential and Low-Income Program Highlights
Slide 15: Residential Program Highlights
Residential Program Highlights Launched 11 new gas and electric programs. Over 1.2M CFL bulbs sold through four retail partners. Enrolled over 700 trade partners participating in cooling, heating, water heating and insulation rebate programs. Achieved 137% of Gas Dth goal/103% of budget. A
Slide 16: Low-Income Program Highlights
Low-Income Program Highlights Launched four new gas and electric programs. Over 36,000 low-income kits distributed to income-qualified customers. Over 1,700 single-family and 700 gas/1,300 electric multi-family weatherization participants. Achieved 88% of Gas Dth goal/87% of budget. Achiev
Slide 17: Commercial Energy Efficiency Program Highlights
Commercial Energy Efficiency Program Highlights
Slide 18: Commercial Program Highlights
Commercial Program Highlights Launched 3 new programs Data Center Efficiency Commercial Real Estate (Segment Efficiency) Small Business Lighting Created and launched Recommissioning calculation workbook Achieved significant energy savings from Lighting Efficiency Program 234% of net ge
Slide 19: Industrial Energy Efficiency Program Highlights
Industrial Energy Efficiency Program Highlights
Slide 20: Industrial Program Highlights
Industrial Program Highlights Built Pipeline In New Programs Process Efficiency Self-Direct Boiler Efficiency Good Results in Custom Efficiency 10.2 Gen GWh; 136% of goal 116 projects completed in all end uses 7 gas projects completed; 61 projects submitted for pre- approval 20
Slide 21: DSM Product Development Update
DSM Product Development Update Presented by: George Spargo & Pat Goggin DSM DSMWebsite Websiteprovides providesprogram programidea ideasubmission submissionforms formsat: at: http://www.xcelenergy.com/Colorado/Company/About_Energy_and_Ra http://www.xcelenergy.com/Colorado/Company/About_Energy_and_Ra
Slide 22: Product Development Team
Product Development Team George Spargo – Manager – 612-330-6036 Anne Kraft – Commercial Segment – 612-330-7582 Pat Goggin – Industrial Segment – 303-294-2370 Nathan Huso – Residential Segment – 612-330-xxxx 22
Slide 23: 60-Day Notice
60-Day Notice Residential Air Conditioning Tune-Up Pilot Filed February 8, 2010 New Commercial Heating Efficiency Products Prescriptive rebates for replacing working boilers Prescriptive rebates for low- and high-pressure steam boilers Prescriptive rebates for commercial water heaters
Slide 24: 2009 AC Tune-Up Pilot
2009 AC Tune-Up Pilot Reports filed with 60-Day Notices 2009 AC Tune-Up Pilot Test 42 units tested Not cost-effective: average savings per unit 7 gen kWh >80% of units were above 10 SEER Need to target units that are operating inefficiently 24
Slide 25: 2010 Residential AC Tune-Up Pilot
2010 Residential AC Tune-Up Pilot Third attempt Pilot begins spring 2010 Propose 1,000 tune-up units in 2010 Diagnostic tool allows us to measure actual energy savings and compare against estimates Targets customers with functioning AC units at least five years old 25
Slide 26: AC Tune Up – How does it work?
AC Tune Up – How does it work? HVAC contractors target customers beyond existing base. Using diagnostic tool contractor determines baseline Energy Index (EI). Contractor performs tune-up. Using diagnostic tool contractor determines tuned up Energy Index (EI). If EIpost minus EIpre >= 10 co
Slide 27: AC Tune-Up Cost-Effectiveness
AC Tune-Up Cost-Effectiveness Estimated TRC 1.04 Total Budget: $356,450 Generator kW: 252 Generator kWh: 261,226 Participants: 1,000 27
Slide 28: Product Ideas from Roundtable
Product Ideas from Roundtable Alter prescriptive rebates to better incentivize maximum kWh savings – Lance Powers Eliminate 60% Project Cost Cap – Lance Powers Increase targeted incentives for sites with high savings potential – Lance Powers School and Government Segmentation – CLEAResult Co
Slide 29: Potential New Products for 2011 Plan
Potential New Products for 2011 Plan Commercial Advanced Evaporative Cooling (prescriptive) Commercial Ground Source Heat Pump Systems (prescriptive) Residential Ground Source Heat Pump Systems (prescriptive) Residential Energy Feedback Behavior Pilot Residential Water Heater Heat Pump 29
Slide 30: Recommendations from Program Evaluations
Recommendations from Program Evaluations Presented by: Heather Hemphill Karen Rhodes Peter Narog Lisa Mahoney
Slide 31: Market Research Updates
Market Research Updates 2009 Program Evaluations Four Evaluations: Home Lighting, Saver's Switch, New Construction, and Cooling Efficiency. Studies near completion; Share recommendations with you today. 2010 Program Evaluations Evaluations: Evaporative Cooling Rebates, Motor & Drive Efficien
Slide 32: Recommendations: Home Lighting & Recycling
Recommendations: Home Lighting & Recycling Program Features & Marketing Consider year-round program with select partners Provide more education to consumers Program administrators need to engage partners Support WECC’s plan for an additional field rep Provide more marketing materials to
Slide 33: Recommendations: Home Lighting & Recycling
Recommendations: Home Lighting & Recycling Program Design Expand participation with select partners Offer a wider variety of package sizes Focus on specialty CFLs Create a long-term plan to account for changing standards Consider alternative incentive strategies Develop a segmented mar
Slide 34: Recommendations: Saver's Switch
Recommendations: Saver’s Switch Administration Continue the high-quality program delivery. Marketing and Outreach Provide participants with additional contact and enhanced program information. Continue efforts to build relationships with HVAC contractors. Refine and clarify marketing materia
Slide 35: Recommendations: New Construction
Recommendations: New Construction Program Processes Streamline the application process to expedite the review Clearly identify support provided for LEED or other green certification programs in promotion/marketing materials 35
Slide 36: Recommendations: New Construction
Recommendations: New Construction Marketing and Outreach Separate education and awareness goals by developing materials, website content, and outreach presentations specific to owners, and another set for architects/engineers Expand outreach and marketing to architects, contractors, and engine
Slide 37: Recommendations: New Construction
Recommendations: New Construction Implement Benchmarking and Best Practices Consider establishment and tracking of market transformation metrics For Colorado, use learning from other state Xcel Energy program, and from other utilities with similar programs Leverage existing program benchmark
Slide 38: Recommendations: Cooling Efficiency
Recommendations: Cooling Efficiency Administration Communicate program information to staff and trade allies Additional Trade Relations Manager resources Assess internal staff needs to support DSM programs Provide tools and training to trade allies Marketing and Outreach Customize tools fo
Slide 39: Recommendations: Cooling Efficiency
Recommendations: Cooling Efficiency Program Design Revisit and prioritize target markets Consider increasing rebate levels Review custom processes Engage smaller customers Consider modifying PTAC structure Set Net-To-Gross between 0.7 and 0.8 for 2010 (from 0.94) 39
Slide 40: Open Discussion/Wrap-Up
Open Discussion/Wrap-Up Upcoming UpcomingRoundtable RoundtableSchedule: Schedule: Q2: Q2:May May13, 13,2010 2010 Q3: Q3:August August2010 2010 Q4: Q4:November November2010 2010