Eversource Energy (D/B/A) · NYSE:ES
Eversource Energy (D/B/A) — Eversource Energy — Non-Residential Renewable Energy Solutions Program Bidders Conference (February 2022)
53 slides from Eversource Energy (D/B/A)'s conference presentation, Feb 7, 2022
Slide 1: Non-Residential Renewable Energy Solutions Program Bidders Conference
Laura Perbeck, Aaron Dubauskas – Eversource Christie Prescott, Noreen Leopardi, Danielle Shtab – United Illuminating NON-RESIDENTIAL RENEWABLE ENERGY SOLUTIONS PROGRAM BIDDERS CONFERENCE FEBRUARY 7, 2022
Slide 2: Agenda
Agenda Objectives Background and Overview Procurement Process Bid Submission and Agreement Execution Questions 2
Slide 3: Objectives
OBJECTIVES • Eversource and UI are launching the Non-Residential Renewable Energy Solutions (NRES) Program with the goal of helping our Connecticut customers install solar projects and other renewable energy technologies. • The NRES Program replaces the LREC/ZREC and Net Metering Programs that were
Slide 4: Key Definitions for NRES
Key Definitions for NRES • Tariff Agreement • The Non-Residential Renewable Energy Solutions Program Tariff Agreement for the Customer inclusive of the Non-Residential Renewable Energy Solutions Program Tariff, Terms and Conditions and all referenced attachments and appendices. • Customer of Record
Slide 5: Background and Overview
BACKGROUND AND OVERVIEW ❑ Section 3 of PA 19-35 – Renewable Energy ❑ NRES Projects will have the option to be on the Tariffs and Procurement Plans resulted in Buy-All or Netting Tariff. PURA Docket 21-08-03, a combined ❑ In Buy-All, the Customer exports all electricity successor program to the state
Slide 6: Procurement Process: Year 1 RFP Schedule
Procurement Process: Year 1 RFP Schedule* Action Item Date Release of RFP February 1, 2022 Opening of Two-Week Window February 1, 2022 by 1:00 p.m. (Eastern Prevailing Time “EPT”), at which time the bid shall become firm, irrevocable and binding. Bidders Conference – Webinar Only February 7, 2022 De
Slide 7: Solicitation Process
Solicitation Process • 60 MW Yearly Procurement for six years • Non-residential systems up to 2 MW (AC) are eligible • Residential systems larger than 25 kW are eligible • Must be an eligible CT Class I Renewable Energy Source that produces electricity • Projects are selected based on: • Bid prices
Slide 8: Year 1 RFP MW Allocation by EDC
Year 1 RFP MW Allocation by EDC* Zero Emission Low Emission Capacity Capacity Total MW EDC Allocation Allocation Available (MW AC) (MW AC) Eversource 40 8 48 UI 10 2 12 *In the Year 1 RFP of the NRES Procurement, only one RFP will be held in February 2022, filling 100% of available MW. For all subse
Slide 9: Project Eligibility
Project Eligibility ✓ Must be less than or equal to 2 MW in size ✓ One bid accepted per Project Site per ✓ CT Class I Technology technology ✓ Located in Companies’ territories ✓ LREC/ZREC or SCEF projects of the same ✓ Must interconnect to applicable Company’s technology must be In-Service or Termin
Slide 10: Price Caps for Year 1
Price Caps for Year 1 • Bid prices must be entered in $/MWh • For the Medium, Large, and Low Emission categories, Bids are selected in these categories on a competitive basis from lower to higher bid price. • Year 1 Price Caps o Buy-All Price Cap • $200.97/MWh o Netting Price Cap • $95.075/MWh • The
Slide 11: Bid Preferences for Year 1
Bid Preferences for Year 1 • Bid Preferences available for Year 1 are as follows (not applicable to Small Zero Emission category): • Brownfield=20% • Landfill=20% • Projects located in a Distressed Municipality=20% • If a project qualifies for a Bid Preference, the Bid Preference will be applied to
Slide 12: Bid Submission to Tariff Agreement Execution
BID SUBMISSION TO TARIFF AGREEMENT EXECUTION 12
Slide 13: Step 1: How to Submit a Bid in the Year 1 RFP
STEP 1 How to Submit a Bid in the Year 1 RFP 13
Slide 14: Bid Process
Bid Process • All documents must be submitted to the respective EDC • The EDC’s Bid Portals will be open from Feb 1, 2022, until March 14, 2022, at 1 PM (EPT), any submissions sent before or after that time will not be considered valid Bid Submissions • Email either EDC’s Program Email for any quest
Slide 15: Eversource Online Bid Form
Eversource Online Bid Form • Form is filled out online using your Eversource.com username and password • New users will need to create an account using the “Sign Up Now” button • Contains information needed for: • Submission verification • Completion of NRES Tariff Agreement • Additional form(s) (i.
Slide 16: UI Online Bid Form/Interconnection Portal
UI Online Bid Form/Interconnection Portal • Form is filled out online • Completing this form and submitting Interconnection Fees will get your Project into the Interconnection queue • Completing this form and submitting the Non-Refundable Bid Fee on or before March 14, 2022, at 1 PM will put your Pr
Slide 17: Bid Attachments: Bid Certification Form
Bid Attachments: Bid Certification Form • Mandatory for all Bids. Submit as a single PDF file to the relevant EDC’s Bid Portal. Include the Site Control document(s) as additional pages of this file submission. • Eversource: Uploaded during Step 7/7 of the online Bid process • UI: Uploaded in the ‘Up
Slide 18: Bid Attachments: Documents Proving Site Control
Bid Attachments: Documents Proving Site Control • Site Control must be evidenced by documentation attached to the Bid Certification Form • Mandatory for All Bids • Eversource: Uploaded during Step 7/7 of the online Bid process • UI: Uploaded in the ‘Upload Supporting Documents’ Section of the Bid Po
Slide 19: Bid Attachments: Historical Load Data
Bid Attachments: Historical Load Data • Mandatory for All Bids unless otherwise indicated. Include as a page in the Single PDF provided for the Bid Certification Form. • Eversource: Uploaded during Step 5/7 of the online Bid process • UI: Uploaded in the ‘Upload Supporting Documents’ Section of the
Slide 20: Historical Load Data Continued
Historical Load Data Continued • Both EDCs have “Green Button” functionality on their websites which allows the download of up to 36 months of historical data for Eversource customers and 13 months of historical for UI customers • Extract via Excel 20
Slide 21: Bid Attachments: Most Recent Customer Bill
Bid Attachments: Most Recent Customer Bill • Mandatory for All Bids unless the Bid is for a ‘New Construction’ Project. • Eversource: Uploaded during Step 7/7 of the online Bid process • UI: Uploaded in the ‘Upload Supporting Documents’ Section of the Bid Portal • SAM Projects • For SAM customers, t
Slide 22: Bid Attachments: CT Licensed PE Certification
Bid Attachments: CT Licensed PE Certification • Applicable to some Bids, Submission Scenarios outlined below • Eversource: Uploaded during Step 5/7 of the online Bid process • UI: Uploaded in the ‘Upload Supporting Documents’ Section of the Bid Portal • Used to determine estimated load on the Projec
Slide 23: Bid Attachments: Certificate of Carbon Neutrality
Bid Attachments: Certificate of Carbon Neutrality • Mandatory for All Bids for Projects emitting Carbon such as Fuel Cell or Anaerobic Digestion Projects • Eversource: Uploaded during Step 7/7 of the online Bid process • UI: Uploaded in the ‘Upload Supporting Documents’ Section of the Bid Portal • T
Slide 24: Bid Attachments: Interconnection Application Receipt
Bid Attachments: Interconnection Application Receipt • Mandatory for All New Construction Projects, Bidders must apply for Interconnection and pay the Interconnection Application Fee prior to submitting a Bid for that Project in this Program • Eversource: Upload an Interconnection Application Receip
Slide 25: Bid Attachments: Bid Preference Form
Bid Attachments: Bid Preference Form • Mandatory for Bids that are indicating that they qualify for a Bid Preference available in this RFP • Eversource: Upload during Step 5/7 of the online Bid process • UI: Upload in the “Upload Supporting Documentation” Section of the Bid Portal 25
Slide 26: Bid Attachments: Beneficial Account Credit Allocation Form
Bid Attachments: Beneficial Account Credit Allocation Form • Mandatory for All Projects that are being submitted as SAM Projects • Eversource: Upload during Step 5/7 of the online Bid process • UI: Upload in the ‘Upload Supporting Documentation’ Section • Each Customer Host that seeks to allocate ex
Slide 27: Checklist of Required Bid Documents
Checklist of Required Bid Documents Required Bid Documents Bid Certification Form (All 5+ pages, including documentation proving site control)* Most recent Customer Bill Certification of Carbon Neutrality (if applicable) For New Construction Projects, a copy of the Interconnection Applicatio
Slide 28: Non-Refundable Bid Fee
Non-Refundable Bid Fee • The NRES Program requires ALL bidders regardless of size category to submit a Non- Refundable Bid Fee of $300 for the Bid to be considered complete. • Payment of this Bid Fee will be due to the EDCs before March 14, 2022 at 1 PM EPT • Note: If you plan to participate in the
Slide 29: Payment Attachments (UI Only)
Payment Attachments (UI Only) • Mandatory for All Bids for Projects in order to Submit the Non-Refundable Bid Fee • W9 Form (Can be found on the RFP for NRES site or the RES webpage) • Mandatory for All Projects that would be receiving direct REC Payments via ACH or Wire (Payments by Check are no lo
Slide 30: Step 2: How to Proceed After Bid Submission
STEP 2 How to Proceed After Bid Submission 30
Slide 31: If your Bid is Selected
If your Bid is Selected • If your Bid is selected, the EDC must receive Performance Assurance before the date of contract execution • This date can be found on your Tariff Agreement, as seen below • A Partially Executed Tariff Agreement must be received by the applicable EDC by the Effective Date of
Slide 32: Performance Assurance Requirements
Performance Assurance Requirements • If selected, the Project must send the Performance Assurance amount noted on the Tariff Agreement to the applicable EDC on or before effective date of the Agreement • See Page 4 of your Tariff Agreement for the applicable Performance Assurance amount • Calculatio
Slide 33: If your Bid is put on Standby
If your Bid is put on Standby • If your Bid is put on Standby, that means that “if a Bidder with a selected Project does not provide Performance Assurance in the timeframe required in the applicable RFP, then the Bid will be rejected and the MWs committed to the Project will be allocated to the next
Slide 34: Step 3: Post Execution Obligations
Post Execution Obligations: How to get STEP 3 from Tariff Agreement to In-Service 34
Slide 35: Getting Your Selected Project In-Service
Getting Your Selected Project In-Service Eversource • Projects selected and executed in the Eversource territory should work with the Interconnection Group at Eversource to get your Project In-Service within three years of PURA Approval • Reach out to ctdg@eversource.com for more information UI • Pr
Slide 36: Eversource Interconnection Group Information
Eversource Interconnection Group Information ▪ ctdg@eversource.com ▪ CT DER Working Group websites: – https://portal.ct.gov/PURA/Electric/Interconnection-Technical-Working-Group – https://portal.ct.gov/PURA/Electric/Interconnection-Policy-Working-Group – Requests to be added to the distribution list
Slide 37: Returning Performance Assurance
Returning Performance Assurance • Performance Assurance in the original amount paid is returned if one of the following conditions is met: • The Project timely receives Approval to Energize and begins producing energy that qualifies as zero emission or low emission (as applicable) • Termination of t
Slide 38: Getting a REC Meter Installed for your Selected Project
Getting a REC Meter Installed for your Selected Project Eversource • Projects selected and executed in Eversource territory should work with the Metering Group at Eversource to get a REC Meter Installed • Reach out to meterengineering@eversource.com for more information UI • Projects selected and ex
Slide 39: Step 4: Tariff Administration: The 20-Year Delivery Term
Tariff Administration: The 20-Year Delivery STEP 4 Term 39
Slide 40: PURA Class I Approval
PURA Class I Approval • Both EDCs will submit Projects for Class I Approval to the CT PURA via the following process: 1. NRES Meter installed 2. Approval to Energize received by EDC NRES group 3. EDCs will submit Projects to PURA organized by the quarter that they received Approval to Energize 4. Me
Slide 41: Changes to Tariff Payment Beneficiary
Changes to Tariff Payment Beneficiary • If the Customer of Record chooses to redesignate the Tariff Payment Beneficiary at any time after the Project has received Approval to Energize, a fee of $22 will be charged each time such request is made • Buy-All: • If the Customer of Record chooses to modif
Slide 42: Changes to Beneficial Account Credit Allocation
Changes to Beneficial Account Credit Allocation • For SAM Projects Only • Customer Hosts must designate Beneficial Accounts and associated billing accounts to which the EDCs will allocate any net excess bill credits generated by their qualified Project • If a billing account listed on a Beneficial A
Slide 43: Vendor Information Changes – UI Only
Vendor Information Changes – UI Only • If your Project received direct REC Payments via ACH or Wire and the Vendor Information initially provided in the Bid Portal changes at any time, please contact NRES@uinet.com so that the payment information can be changed, and payments will not be delayed/miss
Slide 44: Tariff Administration - Summary
Tariff Administration - Summary • Tariff Agreements with the NRES Program will have a 20 Year Term • The Start Date of the Agreement will be the In-Service Date, or date denoted on the Approval to Energize Letter provided by the relevant EDC for the Project. • REC Payments will be based on the actua
Slide 45: Questions
QUESTIONS • Please use the ‘Raise Hand’ function to ask a question during this session • Click on the icon which will allow us to see you have a question and un-mute you • Questions can also be taken via the chat function 45
Slide 46: Online Resources
Online Resources Eversource United Illuminating Eversource Non-Residential Program Main Page UI Non-Residential Renewable Energy Solutions Main Page Eversource Bid Portal UI Bid and Interconnection Portal UI RFP for NRES Webpage Developer Workshop Slides: Workshop #1: Program Overview Workshop #2: Q
Slide 47: Contacts
Contacts Eversource NRES Team: UI NRES Team: ctcommrenewables@eversource.com nres@uinet.com 47
Slide 48: Appendix 1: Eversource Metering Guidelines
APPENDIX 1: EVERSOURCE METERING GUIDELINES CT NON-RESIDENTIAL RENEWABLE ENERGY SOLUTIONS NETTING AND BUY-ALL TARIFFS 48
Slide 49: Important Notes
Important Notes ▪ All Buy-All projects, new electrical services, and service upgrades are required to contact the Eversource Electrical Service Support Center and obtain a Maximo work request number ▪ Project owners are required to clearly label the meter socket with the Non-Residential Renewable En
Slide 50: Netting, Three Phase, Instrument Rated
Netting, Three Phase, Instrument Rated a. All interconnection points are required to be located behind both the utility revenue meter and/or the transformer enclosures. b. No interconnections are to be made within the utility revenue meter socket or utility transformer compartment. c. All revenue an
Slide 51: Buy-All, Three Phase, Instrument Rated, on Existing Structure
Buy-All, Three Phase, Instrument Rated, on Existing Structure a. All interconnection points are required to be located behind both the utility revenue meter and/or the transformer enclosures. b. No interconnections are to be made within the utility revenue meter socket or utility transformer compart
Slide 52: Buy-All, Three Phase, with Existing Net Metering, Existing Structure
Buy-All, Three Phase, with Existing Net Metering, Existing Structure a. All interconnection points are required to be located behind both the utility revenue meter and/or the transformer enclosures. b. No interconnections are to be made within the utility revenue meter socket or utility transformer
Slide 53: Buy-All, Primary Meter, Generation-only type Service
Buy-All, Primary Meter, (Generation-only type Service) a. All interconnection points are required to be located behind both the utility revenue meter and/or the transformer enclosures. b. No interconnections are to be made within the utility revenue meter socket or utility transformer compartment. c