Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Corporate Update (February 2013)
47 slides from Xcel Energy's corporate update, Feb 13, 2013
Slide 1: Colorado DSM Roundtable Discussion
Xcel Energy Colorado DSM Roundtable Discussion February 13, 2013 1:00pm to 4:00pm 1800 Larimer, Room 03G01
Slide 2: Welcome and Introductions
Welcome and Introductions Contact ContactInfo: Info: Neil NeilCowan Cowan Senior SeniorAnalyst, Analyst,DSM DSMRegulatory RegulatoryStrategy Strategy&&Planning Planning Office OfficePhone: Phone: 303-294-2115 303-294-2115 E-mail: E-mail: neil.cowan@xcelenergy.com neil.cowan@xcelenergy.com 2
Slide 3: Agenda
Agenda 1:00 – 1:05 Welcome, Introductions 1:05 – 1:15 Regulatory Update 1:15 – 2:15 DSM Program Highlights 2:15 – 2:30 Break 2:30 – 3:30 Product Development Settlement Related Development (Current RFP Status, EE Financing, Waste to Energy) Pilot Updates Ongoing Development (Upcoming 2012 60 Da
Slide 4: Regulatory Update
Regulatory Update Presented by: Neil Cowan Compliance Complianceinformation informationisisavailable available at atXcel XcelEnergy’s Energy’sDSM DSMWebsite: Website: http://www.xcelenergy.com/About_Us/Rates_&_Regulations/Regulatory_Filings/CO_DSM http://www.xcelenergy.com/About_Us/Rates_&_Regulatio
Slide 5: Recent Filings – Q4 2012
10/10/2012 Energy Efficiency Financing Product Docket No. 12A-1083EG I 11/1#2012 12/1/2012 10/1/2012 12/31/2012 11/1/2012 Notice of Specific Plan to Meet 11.2 GWh Shortfall Docket No. 11A-631EG
Slide 6: Future Filings – 2013
7/112013 2014 Plan Filing 4/1/2013 6/14/2013 2012 Annual Status Report Filing Strategic Issues Filin 2/1/2013 3/1/2013 4/1/2013 5/1/2013 6/1/2013 1/1/2013 7/1/2013
Slide 7: 60-Day Notices
60-Day Notices First Quarter 2012 In Home Smart Device Pilot – March 1 Second Quarter 2012 ENERGY STAR New Homes – June 27 Third Quarter 2012 ES New Home Low-Income SF Weatherization 2011 Low-Income SF Weatherization (Eval.) 2011 Bus. Heating Efficiency (Eval.) 2011 Self-Direct (Eval.)
Slide 8: 60-Day Notices (cont…)
60-Day Notices (cont…) Fourth Quarter 2012 A/C Tune-up (RFP Response) Process Efficiency EE Financing Application Computer Efficiency Lighting Efficiency Low-Income Kits 8
Slide 9: DSM Program Highlights
DSM Program Highlights Presented By: Shawn White David Hueser Jennifer Elling 9
Slide 10: DSM Evaluations & Portfolio Achievements Update
DSM Evaluations & Portfolio Achievements Update Presented By: Shawn White 10
Slide 11: DSM Process & Impact Evaluations 2012
DSM Process & Impact Evaluations 2012 Residential High Efficiency Air Conditioning Update NTG from .89 to .68. Consider removing SEER 14.5-14.9 equipment incentives Explore the costs and benefits associated with a tiered early retirement incentive approach Low Income Energy Savings Kits
Slide 12: DSM Process & Impact Evaluations 2012
DSM Process & Impact Evaluations 2012 Business Process Efficiency Program performed well and most recommendations centered on continuing with existing processes. No change to the current stipulated net-to-gross ratio of 0.90 Implemented recommendation to expand program to include commercial
Slide 13: DSM Process & Impact Evaluations 2013
DSM Process & Impact Evaluations 2013 Three programs under evaluation Residential Home Performance Business Segment Efficiency Business Compressed Air Evaluations kicked off in Q1, completed by year end 13
Slide 14: Preliminary Fourth Quarter 2012 DSM Achievements, Total DSM Portfolio
Preliminary Fourth Quarter 2012 DSM Achievements, Total DSM Portfolio 2012 Electric Targets: 79.3 MW; 329.3 GWh; $78.1M Electric Achievements: 90.1 MW; 396.6 GWh; $79.4M Gas Goals: 435,504 Dth; $13.2M Gas Achievements: 435,028 Dth; $12.5M 14
Slide 15: 2012 Electric Energy Savings (kWh) exceeded 2011 by 27%
2012 Electric Energy Savings (kWh) exceeded 2011 by 27% Colorado DSM Portfolio 2011/2012 Cumulative Electric Achievement, Quarterly Comparison 400,000,000 350,000,000 300,000,000 250,000,000 Cum e 200,000,000 kWh 2011 150,000,000 2012 100,000,000 50,000,000 - Q1 Q2 Q3 Q4 Quarter 15
Slide 16: DSM Program Overview, Business Energy Efficiency Program Highlights
DSM Program Overview, Business Energy Efficiency Program Highlights Jennifer Elling 16
Slide 17: Business Programs: Noteworthy Updates
Business Programs: Noteworthy Updates Cooling Efficiency – 60-Day Notice filed 1/25/2013 to add new Direct-Evaporative Pre-cooling for Air-Cooled Condensers. Measure focuses on retrofits for existing RTUs. Rebate = $100/ton of cooling for the installation. Standard Offer – Efforts to improve pro
Slide 18: Residential and Low-Income Program Highlights
Residential and Low-Income Program Highlights David Hueser 18
Slide 19: Insulation Program Modifications
Insulation Program Modifications Program changes posted Jan. 2, effective Feb. 7, 2013 Goal: deeper savings per customer; quality over quantity Increased Quality Assurance Air sealing required (unless NACH .45 or better) Pre- and Post-project blower door testing Combustion Appliance Zone (CA
Slide 20: Heating System Rebates
Heating System Rebates 2012 participation lower than in past years Stable program spending in 2013 Program participation Vast majority (95%) of furnace rebates paid at the highest efficiencies of 94% AFUE rating or higher. 800 contractors registered with the program Technical assumptions D
Slide 21: Low Income Energy Savings Kits
Low Income Energy Savings Kits Program changes posted Nov. 26, effective Dec. 27, 2012 Met natural gas savings goal at reduced spending level Technical Assumptions Align showerhead kWh and Dth savings with standalone program Water heater fuel type split: 89% gas, 11% electric; slight decrease
Slide 22: DSM Product Development Update
DSM Product Development Update Presented by: Kevin Schwain, Andre Gouin and Pat Goggin DSM DSMWebsite Websiteprovides providesprogram programidea ideasubmission submissionforms formsat: at: http://www.xcelenergy.com/About_Us/Rates_&_Regulations/Regulatory_Filings/CO_DSM http://www.xcelenergy.com/Abo
Slide 23: Product Development Team
Product Development Team 10 Resources able to flex across 3 Platforms Energy Efficiency Renewable Energy Demand Response Manager: Kevin Schwain, 612-330-5961 Colorado Team Lead: Pat Goggin, 303-294-2370 Pilot Lead: Andre Gouin, 303-294-2975 23
Slide 24: Settlement Development Update
Settlement Development Update 24
Slide 25: Innovative Technology RFP Update
Innovative Technology RFP Update Selected 3 to fill 2013 gap Pool Pump Efficiency – final contract negiotiations 1.9 GWh | residential segment Cooling Efficiency – Evaporative Pre-cooling for Air- Cooled Condensers measure 2.5 GWh | business segment Refrigeration Efficiency Final technical a
Slide 26: Energy Efficiency Financing
Energy Efficiency Financing Worked with Stakeholders to define product Filed Application and Received Order Phase One Launched – Marketing Existing Energy Efficiency Loan Products Boulder and Denver Counties and their lender Elevations Credit Union Working with Eagle and Garfield Countie
Slide 27: Waste to Energy Projects
Waste to Energy Projects Purpose: To implement a program applicable to Eligible Energy Resources installed on customer premises. 2012 Activities: PUC Staff initiated an investigation into combined heat and power (CHP) systems, likely to encompass Waste to Energy projects Company agreed to dela
Slide 28: Commercial RTU Early Retirement
Commercial RTU Early Retirement Significant time/effort modeling complex options, no consistent methodology across industry Best results are marginally cost effective under optimistic assumptions Continue exploring but do not expect to offer specific Cooling Efficiency measure for early retire
Slide 29: Pilot & Study Update
Pilot & Study Update 29
Slide 30: Energy Feedback Pilot
Energy Feedback Pilot 50,000 Colorado participants; 40k print reports, 10k e-mail reports Savings in line with original projections (2% print, 1% email) Opt out rate < 1% annually Annual participant savings ~ $28, Program cost ~ $9.80/participant Program expanded to an additional 50,000 pa
Slide 31: Home Energy Report (HER)
Home Ener Home Energy Report Ee Report period: 11/07/12-01/1013 We are plaased to provide this personalized report to help you save energy. ‘The purpose of this report Is toz you have questions sboutthoas peri or would tke f receive thom, you can contact us at {e00) 824-1000 or energyrportancelenerg
Slide 32: Energy Feedback Pilot
Energy Feedback Pilot Cross promotion of other EE programs 32
Slide 33: Energy Feedback Pilot
Energy Feedback Pilot HER’s drive higher participation in other EE Programs 33
Slide 34: Energy Feedback Pilot – on line
Energy Feedback Pilot – on line On line application allows greater customization… 34
Slide 35: Energy Feedback Pilot – on line
Energy Feedback Pilot – on line …and more in-depth analysis 35
Slide 36: Xcel In-Home Smart Device Pilot (Q4)
Xcel In-Home Smart Device Pilot (Q4) Pilot Status Survey results - additional How much would you be willing to • End of year customer survey provided valuable insights pay? • Preparing a preliminary evaluation report U p t o $300 14% Less t han $150 84% Customer Survey Results • High response rate (
Slide 37: Building Code Support Pilot
Building Code Support Pilot Q2’12 Q3’12 Q4’12 Q1’13 Q2’13 Q3’13 Plan Code Recruitment Training Evaluation Development Implementation Adams County Arvada Broomfield Denver Jefferson County Thornton Heschong Mahone Group, Inc Status: Training delayed but progressing in several jurisdictions Impact
Slide 38: EV Demand Response Pilot
EV Demand Response Pilot Determine demand response opportunity available through control of electric vehicle charging stations and better understand: Purpose Customer’s willingness to allow interruption of charging Available load coincidence with peak demand 2012 activities focused on evaluation
Slide 39: Ongoing Development Update
Ongoing Development Update 39
Slide 40: Product Development Process
Product Development Process Opportunity Prioritization Concept Filing & Launch # of Approval Approval Approval Approval Ideas Concept Development Launch Opportunity Framing Evaluation Identification Concept Development Launch Opportunity Framing Evaluation Identification Level of Effort per Idea 40
Slide 41: Product Pipeline: Business
Product Pipeline: Business Framing: Motor system components Green Motor Rewind Compressed Air - Demand Reduction Server Closet Virtualization Compressed Air - Alternative Air Flow Supply Pneumatic to Electric Conversion Compressed Air - Artificial Demand Compressed Air - Pressure D
Slide 42: Product Pipeline: Business
Product Pipeline: Business Concept Evaluation: 2x2 and 2x4 LED fixtures More LED fixtures HID to CFL retrofit CFL to LED retrofit LED Parking Garage fixtures Motor system components Green Motor Rewind ECM for HVAC ECM refrigeration condenser fans Building Tune-up ENERGY STAR
Slide 43: Product Pipeline: Residential
Product Pipeline: Residential Framing: Cable TV Set Top Boxes Appliance Standards Concept Evaluation Residential Online Energy Feedback 43
Slide 44: DSM Roundtable Ideation Submissions – 4th Quarter
DSM Roundtable Ideation Submissions – 4th Quarter Aeroseal Discussed product with submitter Explained development process Previous efforts to develop Duct Sealing measures have failed Cost Benefit Analysis (mTRC approximately .50) Further discussions are being scheduled 44
Slide 45: New Ideas?
New Ideas? CO Roundtable Ideas Submit complete Roundtable Idea Form at least 90 days prior to a CO Roundtable Meeting in order for an analysis to be presented at that meeting. Incomplete Idea Forms will be returned to submitter for completion 90 Day window starts when form is complete Roun
Slide 46: Wrap-up / Open Discussion
Wrap-up / Open Discussion Upcoming UpcomingRoundtable RoundtableSchedule: Schedule: May May15, 15,2013 2013 August August21, 21,2013 2013 November November13, 13,2013 2013 46
Slide 47: Xcel Energy
2 Xcel Energy’ RESPONSIBLE BY NATURE™