Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Corporate Update (February 2009)
58 slides from Xcel Energy's corporate update, Feb 12, 2009
Slide 1: Xcel Energy Colorado DSM Roundtable Discussion
Xcel Energy Colorado DSM Roundtable Discussion February 12, 2009 1:00pm to 4:15pm TSB Basement Room 019
Slide 2: Agenda
Agenda 1:00 - 1:05 Welcome, Introductions 1:05 – 1:15 Preliminary 2008 DSM Achievements 1:15 – 2:15 Status of 2009 DSM Program Launches 2:15 – 2:30 Break 2:30 – 3:30 Settlement Activities 3:30 – 3:45 Federal Stimulus (Governor’s Energy Office) 3:45 – 4:00 Other Compliance Activities 4:00 – 4:15 Wrap
Slide 3: 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 4: Preliminary 2008 DSM Program Achievements
Preliminary 2008 DSM Program Achievements Presented by: Rachel Sours-Page Xcel Energy
Slide 5: Preliminary 2008 Achievements
Preliminary 2008 Achievements The Company had the following DSM achievements: ¡ Business Segment: 16 MW, 98 GWh, $8.2 M (non-labor) ¡ Residential Segment: 24 MW, 48 GWh, $7.6 M (non- labor) ¡ Total Portfolio: 40 MW, 146 GWh, $16.2 M (includes non- labor portions of indirect programs) 2/12/09 5
Slide 6: Preliminary 2008 Achievements
Preliminary 2008 Achievements ¡ Program Big Hitters: ¤ Lighting Efficiency: 29 GWh ¤ Motor Efficiency: 43 GWh ¤ Home Lighting: 45 GWh ¤ Saver’s Switch: 14 MW 2/12/09 6
Slide 7: Status of 2009 Program Launches
Status of 2009 Program Launches Presented by: Peter Narog, Karen Rhodes, and Shawn White Xcel Energy
Slide 8: Summary of Program Offerings
Summary of Program Offerings Residential Low-Income Business Load Management Customer Behavioral Change Easy Saving Energy Kits Boiler Efficiency Energy Efficient Showerheads Multi-Family Weatherization Compressed Air Efficiency ENERGY STAR® New Homes Non-Profit Energy Efficiency Cooling Efficiency
Slide 9: Home Lighting & Recycling
Existing Residential Programs Home Lighting & Recycling ¡ 2008: sold over 500,000 CFL’s, achieving 44.9 GWh ¡ 2009: plan to sell 1 million bulbs, estimated achievement 46.2 GWh New for 2009: ¤ Additional retailers including Target. ¤ New advertising including radio, online and giveaways. ¤ Using cou
Slide 10: Central AC Tune-Up
Existing Residential Programs Central AC Tune-Up ¡ In 2008, 304 units were tested, with 117 tune-ups performed achieving 22 MWh. Goal was 2,000 units. ¡ Increased marketing efforts were put in place, bringing in seven additional technicians. ¡ Due to lack of participation (2007-08), the program was
Slide 11: Evaporative Cooling Rebates
Existing Residential Programs Evaporative Cooling Rebates ¡ A second tier was introduced in 2008, providing a $500 rebate for high performance units. ¡ In 2008, 3,276 units were rebated, achieving 3.1 GWh ¡ In 2009, plan to rebate 3,800 units; estimated achievement 2.0 GWh (technical assumptions wer
Slide 12: Saver's Switch
Existing Residential Programs Saver’s Switch ¤ By year-end 2008, approximately 100,000 air conditioners enrolled for a total peak load reduction of 106 MW. ¤ Installed approximately 12,500 switches in 2008. ¤ Plans for 2009 & 2010: © Install 19,500 switches in both 2009 & 2010 for incremental peak l
Slide 13: Energy Efficient Showerheads
New Residential Programs Energy Efficient Showerheads ¡ 2009 Participant goal: 20,000 ¡ Program scheduled launch date: April 1, 2009 ¡ Program promotions to residential customers include a spring and fall direct mailing, partnership with Denver Water/GreenPlumbers pilot water audit program, “Plumb G
Slide 14: School Education Kits
New Residential Programs School Education Kits ¡ 2009 Goal: 6,600 students from 6th grade classrooms in Colorado. ¡ The kit will include a variety of energy saving measures such as high efficiency showerheads and compact fluorescent bulbs in addition to educational collateral. ¡ Resource Action Prog
Slide 15: Heating System Rebates
New Residential Programs Heating System Rebates ¡ 2009 Participant Goal: 4,500 ¡ Program launched January 1, 2009 ¡ Program promotions to residential customers to include radio and print advertising, bill inserts, local news releases, and information on xcelenergy.com. ¡ Promotions to trade partners
Slide 16: Water Heater Rebates
New Residential Programs Water Heater Rebates ¡ 2009 Participant Goal: 1,250 ¡ Program launched January 1, 2009 ¡ Three tiers of rebate for tank heaters and one rebate for tankless ¡ Program is currently promoted to residential customers through xcelenergy.com as well as through local press releases
Slide 17: Insulation Rebates
New Residential Programs Insulation Rebates ¡ 2009 Participant Goal: 1,500 ¡ Program launched January 1, 2009 ¡ Program promoted to contractors through a letter/mailing. The program was also highlighted to contractors in the February “road show”. ¡ This program will be promoted to the residential ma
Slide 18: Home Energy Audits
New Residential Programs Home Energy Audits ¡ 2009 Participant Goal: 7,176 electric and 7,774 gas ¡ Program launched February 1, 2009 ¡ Lightly Treading selected as the third-party audit provider; working to subcontract with local auditors to provide services throughout the PSCO territory. ¡ Program
Slide 19: ENERGY STAR New Homes
New Residential Programs ENERGY STAR New Homes ¡ 2009 Participant Goal: 2,200 gas and 100 electric ¡ Selected Residential Science Resources as third-party implementer. ¡ Program scheduled to launch March 1, 2009. ¡ Re-evaluating program design per CO DSM Settlement Agreement. ¡ Program promoted thro
Slide 20: Home Performance with ENERGY STAR
New Residential Programs Home Performance with ENERGY STAR ¡ 2009 Participant Goal: 300 combined gas/electric ¡ Program scheduled to launch early March 2009. ¡ Re-evaluating program design per CO DSM Settlement Agreement. ¡ Program promoted through Company bill inserts, Energy Update Newsletter, CRC
Slide 21: Refrigerator Recycling
New Residential Programs Refrigerator Recycling ¡ 2009 Participant Goal – 3,250 ¡ Projected program launch date of June 2009. ¡ We are currently reviewing RFP bids and vendor qualifications for 2009 contract year. ¡ Once provider is selected, program will be promoted through the xcelenergy.com websi
Slide 22: Trade Activities
Supporting New Residential Programs Trade Activities ¡ Contractor “road show” February 2-10 - Heating/water heating/insulation ¤ Denver area (4 sessions), Ft. Collins, Grand Junction, Vail, Boulder, and Pueblo ¤ Distributors helped get the word out – very good attendance ¡ Additional “informational
Slide 23: Customer Behavior Change
New Residential Market Transformation Programs Customer Behavior Change ¡ 2009 Participant Goal: 60,000 direct interactions with residential customers (30K gas/30K electric). ¡ Program launching in 1st quarter 2009. ¡ Change behavior of residential customers through direct and proactive customer int
Slide 24: ENERGY STAR Retailer Incentive Pilot
New Residential Market Transformation Programs ENERGY STAR Retailer Incentive Pilot ¡ Contacted Best Buy, Sears, and Home Depot for potential program partners. ¡ To date, we have only received interest from Best Buy. ¡ Reviewed historical data. Best Buy ENERGY STAR penetration higher than expected a
Slide 25: Single/Multi-Family Weatherization
New Low Income Programs Single/Multi-Family Weatherization ¡ 2009 Single-Family Participant Goal: 1,958 electric, 2,946 gas ¡ 2009 Multi-Family Participant Goal: 518 electric, 518 gas ¡ The weatherization programs will offer gas and electric efficiency measures to low-income, single- and multi-famil
Slide 26: Easy Savings Energy Kits
New Low-Income Programs Easy Savings Energy Kits ¡ 2009 Participant Goals: 20,000 electric, 20,000 gas ¡ When residential customers apply for LIHEAP funding, they will receive a business reply card offering a free Easy Savings Energy Kit. ¡ Cards submitted to the Governor's Energy Office to fulfill
Slide 27: Non-Profit Energy Efficiency Program
New Low-Income Programs Non-Profit Energy Efficiency Program ¡ 2009 NEEP Participant Goal: 322 electric, 322 gas ¡ Xcel Energy will provide funding for energy efficient retrofit improvements to qualified non-profit organizations ¡ Examples: shelters, safe houses, treatment shelters for the homeless,
Slide 28: Business Programs
Business Programs Karen Rhodes & Shawn White
Slide 29: Business Energy Efficiency
Commercial and Industrial Programs Business Energy Efficiency Commercial Programs Industrial Programs ¡ Cooling Efficiency ¡ Boiler Efficiency ¡ Energy Analysis ¡ Compressed Air Efficiency ¡ Custom Efficiency ¡ Furnace Efficiency ¡ Motor & Drive Efficiency ¡ Lighting Efficiency ¡ Process Efficiency
Slide 30: Commercial Energy Efficiency Programs
Commercial Energy Efficiency Programs Karen Rhodes
Slide 31: Commercial Programs
Commercial Programs Each of these existing Programs below is adding a natural gas component Program In Market Launch Date New Construction x January 1, 2009 Includes Energy Design Assistance Energy Analysis x January 1, 2009 Engineering Assistance x February 1, 2009 Studies Recommissioning x Februar
Slide 32: New Commercial Programs
New Commercial Programs This table below contains new Program launch plans and information Program Launch Date Status Data Center Efficiency March 15, 2009 Early interest from market Furnace Efficiency January 1, 2009 Launched Segment Efficiency March 15, 2009 Negotiating contract details with (Comm
Slide 33: Data Center Efficiency
New Commercial Programs Data Center Efficiency ¡ Designed to help customers address energy conservation opportunities in both new and existing data centers. ¡ RFI (request for information) in process. ¤ Qualifies initial list of study providers ¡ Rebates for pre-approved holistic data center studies
Slide 34: Furnace Efficiency
New Commercial Programs Furnace Efficiency ¡ Launched January 1, 2009. ¡ New business energy efficiency program (natural gas). ¡ Rebates for furnaces with an efficiency of 92% or greater. ¡ 2009 goals: 50 participants, 4,204 Dth ¡ Featured in natural-gas breakout session at February 10, 2009 Energy
Slide 35: Segment Efficiency
New Commercial Programs Segment Efficiency ¡ Limited-time program - Available to Commercial Real Estate office properties of at least 50,000 sq. ft. ¡ Whole-building evaluation of energy savings opportunities. ¤ Fund 50% of preliminary report ¤ Fund up to 75% (not to exceed $25,000) for investigativ
Slide 36: Small Business Lighting
New Commercial Programs Small Business Lighting ¡ Designed to target barriers that prevent small business customers from investing in energy efficient lighting technologies, including: ¤ Limited knowledge of lighting products ¤ Access to quality installation contractors ¡ Program offers customers a
Slide 37: Standard Offer
New Commercial Programs Standard Offer ¡ Designed to help customers identify conservation opportunities and implement a bundle of energy saving measures. ¡ Rebates for technical energy audit and installation of equipment. ¤ Audit – 50% of the cost, cap $0.10/sq. ft. audited ¤ Measures - $250/kW plus
Slide 38: Customer Behavior Change
New Business Market Transformation Programs Customer Behavior Change ¡ 2009 Participant Goal: 1,978 direct interactions with business customers (1,385 electric /593 gas). ¡ Program launching in 1st quarter 2009. ¡ Change behavior of business customers through direct and proactive customer interactio
Slide 39: Industrial Energy Efficiency Programs
Industrial Energy Efficiency Programs Shawn White
Slide 40: Industrial Programs
Industrial Programs Each of these existing Programs below is adding a natural gas component Program In Market Launch Date Custom Efficiency x January 1, 2009 Energy Management x January 1, 2009 Systems 2/12/09 40
Slide 41: New Industrial Programs
New Industrial Programs This table below contains new Program launch plans and information Program Launch Date Status Boiler Efficiency January 15, 2009 Launched Process Efficiency January 16, 2009 Early interest in market Self-Directed Custom January 1, 2009 Early interest in market Efficiency Ital
Slide 42: Boiler Efficiency
New Industrial Programs Boiler Efficiency ¡ New business energy efficiency program (natural gas) ¡ Rebates for new boilers, efficiency add-ons and boiler tune-ups ¡ 2009 goals: 146 participants, 31,650 Dth ¡ Launched January 15, 2009 through e-mails to customers, trade, account managers. ¡ Featured
Slide 43: Process Efficiency
New Industrial Programs Process Efficiency ¡ Holistic approach to driving sustainable energy management. ¡ Targets large industrial customers (1 MW demand or greater). ¡ 3 phases: ¤ Phase 1 - Identify business and technical conservation opportunities ¤ Phase 2 - Scope and define targeted potential ¤
Slide 44: Self Directed Custom Efficiency
New Industrial Programs Self Directed Custom Efficiency ¡ Xcel Energy shall offer the Self-Directed Custom Efficiency Program to commercial and industrial customers who have an aggregated peak demand at all meters of at least 2 MW in any single month and an aggregated annual energy usage of at least
Slide 45: Break
(2) Xcel Energy’ Break
Slide 46: Settlement Agreement Activities
Settlement Agreement Activities Presented by: Peter Narog Xcel Energy
Slide 47: DSM Settlement Items
DSM Settlement Items a) Residential Air Conditioning* b) Evaporative Cooling Rebate c) Energy Efficient Showerheads d) School Education Kits e) Home Lighting & Recycling f) Research on Emerging Technologies g) Home Performance w/ ENERGY STAR* h) ENERGY STAR New Homes* i) Insulation Rebate j) Coordin
Slide 48: Residential Air Conditioning
Residential Air Conditioning Settlement Team Update ¡ High Efficiency Air Conditioning Equipment ¤ Quality Installation Program ¤ Central AC Tune-Up Program ¡ Central Air Conditioning Quality Installation proposal: ¤ Tier 1 (SEER 14.5) $200* (ENERGY STAR) ¤ Tier 2 (SEER 15) $400* ¤ Tier 3 (SEER 16+)
Slide 49: Residential Air Conditioning
Residential Air Conditioning Settlement Team Update Quality Installation Feature: ¡ Contractor/technicians install according to Air Conditioning Contractors Association (ACCA) Standards for Quality Installation. ¡ Requires: ¤ Load calculations and proper equipment sizing ¤ Proper refrigeration charg
Slide 50: Residential Air Conditioning
Residential Air Conditioning Settlement Team Update Central AC Tune-Up Program: ¡ Uses same requirements as Quality Installation. ¡ Process is slightly different ¤ Customer requests service. ¤ Independent HVAC auditor tests system and sets scope of repairs/Tune-Up needed. ¤ Customer engages contract
Slide 51: Home Performance with ENERGY STAR
Home Performance with ENERGY STAR Settlement Team Update Settlement Team has recommended: HPwES participants have one year to complete program ¤ (from 6 months as filed). ¤ Must have a test-in and test-out blower door test. ¤ Must complete all Required and Optional Measures before rebate is paid. ¡
Slide 52: ENERGY STAR New Homes
ENERGY STAR New Homes Settlement Team Update Settlement Team has recommended: ¤ HERS Rating payments go to Raters not builders. Raters can market to any builder and sell additional services as needed. ¤ A Modified Builder Rebate Scheme for achieving ENERGY STAR or higher was proposed and recommended
Slide 53: Certification Standards
Certification Standards Settlement Team Update ¡ Team met initially to identify project scope and team charter. ¡ Second meeting scheduled for later this month. ¡ Focus is on certifications for air conditioning, furnaces, insulation and water heaters. ¡ Discussing certification types: state, federal
Slide 54: Federal Stimulus
Federal Stimulus Presented by: Tom Plant Director, Governor’s Energy Office 2/12/09 54
Slide 55: Other Compliance Activities
Other Compliance Activities Presented by: Suzanne Doyle Xcel Energy
Slide 56: Other Compliance Activities
Other Compliance Activities ¡ 2009/2010 Biennial DSM Plan Update & Errata Filing – week of 2/16/09 ¡ Launched Company-wide DSM Website: ¤ Web site link: http://www.xcelenergy.com/Company/About_Energy_and_ Rates/DemandSideManagement/Pages/Home.aspx ¤ Website provides product development submission fo
Slide 57: Other Compliance Activities
Other Compliance Activities ¡ Market Potential Study ¡ DSM Quarterly Update – Q1, 2009 due May 15, 2009 to the CO PUC ¡ 2009 Roundtable Schedule: ¤ February 12, 2009 ¤ May 14, 2009 ¤ August 13, 2009 ¤ November 18, 2009 2/12/09 57
Slide 58: Open Discussion/Wrap-Up
(2) Xcel Energy’ O pen Discussion/ Wrap-Up