Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Investor Presentation (December 2014)
11 slides from Xcel Energy's investor presentation, Dec 10, 2014
Slide 1: SRC MN
SRC MN Updated 12/10/14
Slide 2: Customer, ratepayers and developer value flows
Customer All Ratepayers $ Avoided costs (Fuel Clause Adjustment) Solar Energy Utility RECs (if election made to sell) Developer
Slide 3: Bill Credit Types and Rates
Bill Credit Types and Rates Gardens Not Receiving Gardens Receiving Incentives Incentives* Standard Garden Operator ownership of RECs Standard Utility Ownership of RECs • Residential $0.12033 • Residential $0.12033 • Small General $0.11783 • Small General $0.11783 • General Service $0.09456 • Genera
Slide 4: Bill Credit Timing for Partial Months
Bill Credit Timing for Partial Months First month – NO bill credit for entire month Final month – Customer receives bill credit for entire month
Slide 5: 2014 Subscriber Bill Credits
2014 Subscriber Bill Credits
Slide 6: Subscribed Energy
Subscribed Energy • All Bill Credits must be carried forward for at least a twelve (12) month cycle. The Company shall purchase all Bill Credits with the billing statement which includes the last day in February and restart the credit cycle on the following period with a zero credit balance. • Stand
Slide 7: Unsubscribed Energy
Unsubscribed Energy • Payment for Unsubscribed Energy will be paid to the Community Solar Garden Operator at the then current: • 1.) Company’s avoided cost rate (found in the Company’s rate book, Rate Code A51) for solar gardens of 40 kW (AC) capacity or larger, or • 2.) Company’s average retail ene
Slide 8: Garden Operator Fees
Garden Operator Fees • Application fee of $1,200 • Metering Charge per Month: – Single Phase $5.50 – Three Phase $8.00 • Deposit of $100/kW (AC) • Participation fee of $300 • Generation Interconnection Application Fee
Slide 9: Subscriber Maintenance
Subscriber Maintenance • All subscription changes must be made within the first 5 days of the production month • Subscription transfers – delete old account premise subscription and add new one • Subscriber does not receive a bill credit for first (partial) month. Subscriber receives a bill credit f
Slide 10: Subscriber Bill Credit
Subscriber Bill Credit • Standard Bill Credit & Enhanced Bill Credit
Slide 11: Garden Unsubscribed Bill Credit
Garden Unsubscribed Bill Credit