Eversource Energy (D/B/A) · NYSE:ES

Eversource Energy (D/B/A) — Eversource Energy — Non-Residential Renewable Energy Solutions Program Informational Webinar & Bidders Confere (July 2024)

58 slides from Eversource Energy (D/B/A)'s conference presentation, Jul 23, 2024

  1. Slide 1: Non-Residential Renewable Energy Solutions Program Informational Webinar & Bidders Conference

    Aaron Dubauskas, Julie Castillo, Curtis Fahnestock, Patrick Fam, Scott Miller– Eversource John King – United Illuminating NON-RESIDENTIAL RENEWABLE ENERGY SOLUTIONS PROGRAM INFORMATIONAL WEBINAR & BIDDERS CONFERENCE JULY 23, 2024

  2. Slide 2: Webinar recording notice and Tariff Agreement controlling

    This webinar is being recorded by the EDCs. If you do not consent to being recorded as a participant in the webinar, please exit the call. In the event of any inconsistency between the provisions of the NRES RFP or any part of this presentation, the provisions of the Tariff Agreement are controlling

  3. Slide 3: Agenda

    Agenda Program Background & Overview Eligibility RFP Process Processes, Forms & Fees Interconnection Metering Questions

  4. Slide 4: Background & Overview

    BACKGROUND & OVERVIEW

  5. Slide 5: Questions

    Questions  Meeting Chat – We will try to answer questions at end of presentation if time allows  After presentation – Email questions to both companies:  CTCommRenewables@eversource.com  NRES@uinet.com  General Q&A’s may be added to our running Q&A document

  6. Slide 6: Connecticut Public Act 22-14

    Connecticut Public Act 22-14 An Act Concerning Clean Energy Tariff Programs modified the NRES program to expand the growth of the non-residential renewable energy market. Benefits Include: Supporting Furthering Lower Local CT’s Clean Customer Clean Energy Energy Energy Goals Bills Jobs

  7. Slide 7: NRES Overview

    NRES Overview • 2024 is the third year of the NRES program • Six-year program that combines Net Metering and Renewable Energy Certificates (REC) payments into one program • 20-year Agreement term • Projects less than or equal to 200 kW (AC) will be awarded using the two-week window method and are pr

  8. Slide 8: Year 3 NRES Key Program Updates

    Year 3 NRES Key Program Updates  Two-week window reinstated for Small category  Small category will be open as long as the Competitive Size Categories  Updated price caps for Buy-All and Netting tariffs  Up to 30% bid preference for 100% Solar carport/Canopy projects over 200kW  100% Solar Carp

  9. Slide 9: Year 3 NRES Key Program Updates – August RFP

    Year 3 NRES Key Program Updates – August RFP  Sustainable Energy Advantage, LLC (SEA) serves as the Ombudsperson for the NRES, SCEF, and RRES programs, effective April 1, 2024.  Extension requests should be emailed to ct-extensionrequest@seadvantage.com or submitted through the Extension Request I

  10. Slide 10: Year 3 NRES Key Program Updates – August RFP

    Year 3 NRES Key Program Updates – August RFP  Add-on Netting systems are now allowed. (EVERSOURCE ONLY)  Previously, if an NRES project bid was for additional capacity being added to an existing project, the new project could only elect the Buy-All compensation structure. Now, Netting can be selec

  11. Slide 11: Year 3 NRES Tips for Successful Bid Submission

    Year 3 NRES Tips for Successful Bid Submission  Bids must be submitted with the Bid Certification Form from the current program year. Only use program documents found on the NRES websites rather than previously saved versions.  If your project is being sized to load (i.e.: not a rooftop buy-all pr

  12. Slide 12: Year 3 NRES Tips for Successful Bid Submission

    Year 3 NRES Tips for Successful Bid Submission  Include DG INT number when applying for NRES if you’ve already submitted an application to DG  If you’ve already received an NRES award, include your NRES Project Number in your DG application  If the entity is anything other than an individual pers

  13. Slide 13: Eversource Year 3 MW Allocations

    Year 3 NRES Available Capacity - Eversource Eversource Year 3 MW Allocations* Eversource August Project Size Rollover from Year February Selected Project Selection Category Statutory Solicitation (AC) 2 RFP (MW) (MW) Process MW/Year (MW) Competitive Low Emission ≤ 5,000 kW 8 0.4 6.98 1.42 Solicitati

  14. Slide 14: Year 3 NRES Available Capacity – United Illuminating

    Year 3 NRES Available Capacity – United Illuminating United Illuminating Year 3 MW Allocations February August Project Project Size Category UI MW/Year Selected Solicitation* Selection (AC) (MW) (MW) Process Low Competitive ≤ 5,000 kW 4.0 2.59 1.41 Emission Solicitation Large Zero ≥1000 kW Competiti

  15. Slide 15: Two Tariff Options

    Two Tariff Options Zero and Low Emission Project installations that qualify for this program may sell the energy and Renewable Energy Certificates (RECs) at a fixed 20-year price by selecting one of two tariff options: Buy-All Tariff Netting Tariff • Customer exports all electricity produced by thei

  16. Slide 16: Buy-All

    Buy-All BUY-ALL Send all production to grid; Purchase all for building load. Utility Revenue/ Production Meter Customer receives quarterly payments for all energy and RECs. Customer can elect for a percentage of the total compensation to be assigned to a third party. Any remaining compensation will

  17. Slide 17: Netting

    Netting NETTING All power production and consumption are metered & billed together Utility Revenue Meter (Bi-Directional) The value of the energy will be credited to the customer's monthly bill. The customer can choose to either receive quarterly direct payment for the RECs, or they can assign all o

  18. Slide 18: Eligibility

    ELIGIBILITY

  19. Slide 19: Site and System Eligibility Requirements

    Site and System Eligibility Requirements Eligibility Requirement  Eversource or UI customer Site & Customer Eligibility  Project is going In-Service on or after the RFP issuance date  Small Zero Emission Category: ≤ 200 kW  Medium Zero Emission Category: > 200 kW and < 1000 kW  Large Zero Emiss

  20. Slide 20: Tariff Eligibility Requirements

    Tariff Eligibility Requirements Requirement How to Meet:  Eversource or UI customer • Most recent Customer Bill for the Project Site  Site Control • Proof of Site Control is between the Developer of the Project and the Owner of the Project Site • Documentation proving site control such as deeds*,

  21. Slide 21: Sizing Requirements Based on Load

    Sizing Requirements Based on Load Projects in the NRES Program must be sized appropriately to the Project Site’s load Load Calculation Options How to Meet:  Historical Load Bidder must provide the historical annual load/usage in kWh for the project site. The estimated annual generation (kWh) cannot

  22. Slide 22: SAM Projects

    SAM Projects SAM Customers are State, Agricultural, or Municipal Customers which may have multiple Beneficial Accounts associated with their projects. SAM customers can provide load data for up to five Beneficial Accounts to support the project size. Additionally, SAM customers may allocate monthly

  23. Slide 23: RFP Process

    RFP Process

  24. Slide 24: 2024 Price Caps and Tariff Rates

    2024 Price Caps and Tariff Rates Buy-All Price 100% Solar Netting Rate Cap ($/MWh) Carport/Canopy Price Cap ($/MWh) Small Zero Emission Dependent upon $199.82 N/A Tariff Rate EDC, Size Medium Zero Category, Retail $188.90 $269.86 Rate, Emission Price Cap Technology, and Large Zero Emission $145.97 $

  25. Slide 25: Application/Bidding Process for August RFP

    Application/Bidding Process for August RFP Medium and Large Zero Emission, Low Emission Categories • 8/1/24 at 1:00pm* - Bid window opens • 9/17/24 at 1:00pm - Bid forms for all categories due Process • Bids are screened for eligibility, all eligible bids are ranked from lowest to highest evaluated

  26. Slide 26: Application/Bidding Process for August RFP – Small Zero Emission

    Application/Bidding Process for August RFP – Small Zero Emission Small Zero Emission Category • Two-Week Window: All complete bids submitted during two- week window are considered submitted at the same date/time • If oversubscribed in two-week window, random selection • First-come first-served appli

  27. Slide 27: August RFP Schedule

    August RFP Schedule* Action Item Date Bidders Conference – Webinar Only July 23, 2024 Deadline for Submission of Questions July 30, 2024 Release of RFP and Opening of Bid Window for All Project August 1, 2024 at 1:00:00 p.m. (Eastern Prevailing Time “EPT”) Size Categories, and Opening of Two-Week Wi

  28. Slide 28: August RFP Schedule (continued)

    August RFP Schedule (continued)* Action Item Date First round of Selection and Notification of Winning On or about November 1, 2024 Bidders for All Categories Tariff Agreement Execution After Selection and Notification of Winning Bidders. Bidders will have to return partially executed contracts by t

  29. Slide 29: Processes, Forms & Fees

    Processes, Forms & Fees

  30. Slide 30: Tariff Payment Beneficiaries

    Tariff Payment Beneficiaries Incentive payments may be provided to the Customer or to a Tariff Payment Beneficiary Buy-All Netting Initial Beneficiary Designation – Required at time of application Customers can designate a Tariff Customers can designate a Tariff Payment Beneficiary to receive all or

  31. Slide 31: Bid Preferences

    Bid Preferences Applicants may select the following bid preferences during the Bid process Site Location is a Landfill or Site or SAM Project with 100% of Brownfield Beneficial Accounts located in a 20% Bid Preference in Year 3 Distressed Municipality Available to projects located on landfills or 20

  32. Slide 32: Checklist of Required Bid Documents

    Checklist of Required Bid Documents Required Bid Documents Bid Certification Form (All 5 pages, including  documentation proving site control)*  Documentation demonstrating ownership or site control of the Project Site by a SAM Customer Host (if applicable)  12 months of consecutive historical lo

  33. Slide 33: Netting Incentive Example

    Netting Incentive Example On-bill Credits REC Payment Assume customer’s retail rate = $0.1487 / kWh Netted production paid Direct cash payment to to Customer on bill at Customer or Tariff retail rate Payment Beneficiary 60,000 kWh – 40,000 60,000 kWh * $0.019 = kWh = 20,000 kWh * $1,140.00 $0.1487 =

  34. Slide 34: Buy-All Incentive Example

    Buy-All Incentive Example On-bill Credits Cash Payment Customer wants 20% as Customer wants 80% as cash payment to Tariff on-bill credits Payment Beneficiary 60,000 kWh * $.145/kWh = $ 8,700 Buy-All Rate = $.145/kWh 80% * $8,700 = 20% * $ 8,700 = $6,960.00 $1,740.00 Production Credits Cash Payment R

  35. Slide 35: Online Resources

    Online Resources United Illuminating Eversource UI Non-Residential Renewable Energy Solutions Main Eversource Non-Residential Renewable Energy Page Solutions Program Main Page UI Bid Portal

  36. Slide 36: Interconnection

    Interconnection

  37. Slide 37: Interconnection Application Process Tips: Pre-Application

    Interconnection Application Process Tips: Pre-Application • Before submitting an application • Know your planned or actual compensation/incentive • Application must be consistent with planned compensation/metering • NRES Buy-All, NRES Netting, SCEF, LREC/ZREC, Virtual Net Metering, Rate 980, Battery

  38. Slide 38: Interconnection Application Process Tips: Pre-Application continued

    Interconnection Application Process Tips: Pre-Application- continued • Visit the site to collect accurate information • Do your homework • If questions, please ask, don’t assume • Projects over 1 MW may require ISO-mandated transmission cluster studies- FERC order 2023 • Have the correct pscad model

  39. Slide 39: Interconnection Application Process Tips- Front-End of Process

    Interconnection Application Process Tips- Front-End of Process • Submit a COMPLETE, CONSISTENT and CORRECT application • Accurate Site Plan- show existing and proposed equipment – show meters outside, grouped, disconnect • Accurate One line- show existing and proposed additions, clearly- (PE stamped

  40. Slide 40: Interconnection Application Process Tips- Mid-Process

    Interconnection Application Process Tips- Mid-Process 1. Limit changes mid-process if possible 2. A Customer Care Account Executive is assigned to each project a. Single point of contact….but not single point of all answers at their fingertips 3. Use the ask-a-question function in PowerClerk for app

  41. Slide 41: Interconnection Application Tips: Back-End/Final Approval

    Interconnection Application Tips: Back-End/Final Approval 1. After the DER system is installed and tested a. New ISO-settings for newer applications 2. Metering install starts with Municipal Inspection approval in our Work order system 3. All requirements for close-out should be in indicated in the

  42. Slide 42: Interconnection Application Process – Future Improvements

    Interconnection Application Process – Future Improvements • More PowerClerk functionality, Information and Requirements book and website updates • More automation and streamlined processing of workflow • Keep all communications, documents, status, inside PowerClerk for visibility and tracking • More

  43. Slide 43: Interconnection Application Process

    Interconnection Application Process Please provide feedback via the Meeting Chat: 1) What additional information can we provide on the current process ? 2) What improvements would you like to see to the interconnection process?

  44. Slide 44: Metering

    Metering

  45. Slide 45: Meter Engineering Guidance

    Meter Engineering Guidance  As mentioned earlier, it is critical to know which program or incentive before submitting an application – Each incentive has a specific metering design and process.  Metering equipment and meter installation must be complaint with the Eversource I&R book. The same guid

  46. Slide 46: Meter Engineering Guidance

    Meter Engineering Guidance  Any indoor metering must be relocated outside and brought to standards of the latest Connecticut Eversource I&R book – RELOCATION PURPOSES ONLY – IT rated service can have meter conduit up to 100’ for services 1800A or less. Services greater than 1800A can have conduit u

  47. Slide 47: Instrument Transformer Rated Metering

    Instrument Transformer Rated Metering What does the Installation Contractor Provide? Provide all diagrams and  All Requirements for a new Service equipment spec sheets to Eversource for review.  Diagrams – 1-line and 3-line diagrams Email scott.d.miller@eversource.com to  Approved IT cabinet revi

  48. Slide 48: Instrument Transformer Rated Metering

    Instrument Transformer Rated Metering  Current Transformers and Voltage Transformers are installed by the customer’s electrician. Polarity of the Current Transformers MUST face the utility for all metering at Eversource. – Do not confuse this with the requirements for United Illuminating.  Eversou

  49. Slide 49: Self-Contained Metering

    Self-Contained Metering  Voltage MUST be present on the line side of self-contained meter sockets prior to an Eversource meter install – Sockets that DO NOT have voltage will not have a meter installed. Second visit will be required.  Buy-all services that are self-contained should use the AC disc

  50. Slide 50: Meter Equipment Guidance

    Meter Equipment Guidance All metering equipment used for should be compliant with the Connecticut Eversource I&R book. This applies to both the production meter and revenue meter.  When purchasing meter sockets, please ensure that the equipment used matches voltage, amperage, and service being mete

  51. Slide 51: Self-Contained Metering

    Self-Contained Metering - LINE and LOAD conductors for production meter are in separate conduits - Neutral isolation is used when required by NEC - Meter socket is bonded to ground - Eversource I&R approved meter socket is used with a lever bypass -Disconnect is adjacent to production meter socket -

  52. Slide 52: Transformer Rated Metering

    Transformer Rated Metering - LINE (Utility) and LOAD (Generation) should be clearly labelled inside current transformer cabinet - Current transformers must be mounted with polarity facing utility - Conduits for conductors MUST NOT enter the bottom. Space at bottom of current transformer cabinet requ

  53. Slide 53: NRES Metering Diagrams Location

    NRES Metering Diagrams Location Eversource.com/NRES Toward the bottom of the page, expand the Program Information section and click on Metering Diagrams

  54. Slide 54: Buy-all Incentive Guidance

    Buy-all Incentive Guidance  Please refer to the latest meter diagrams for guidance on system design.  Projects applying to the Buy-all Program will require a new service request and a site meeting with a representative from the Field Engineering and Design group. Point of interconnection will be r

  55. Slide 55: Technical Questions or Concerns on Metering

    Technical Questions or Concerns on Metering Please reach out to scott.d.miller@eversource.com for questions regarding: - Meter equipment or switchgear for NRES Buy-all or netting projects - Pre-construction meetings - Relocation of meters - Technical questions on installation

  56. Slide 56: United Illuminating (UI) DG Interconnection Services

    United Illuminating (UI) DG Interconnection Services

  57. Slide 57: Questions

    Questions

  58. Slide 58: Contacts

    Contacts Eversource NRES Team: UI NRES Team: ctcommrenewables@eversource.com nres@uinet.com

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