Financial exposure to the rate pairs . Payers. The he exposure to rate payers, im not sure exactly what you mean. You want to epitomize the exposure to rate payers where is the exposure. Well that exactly if you want to tackle this, im not sure how to answer that. That mic is not working iggs. The final risk parameters with wholesale power flakbations projected with the cost of power. Is that available now. Not available right now, no. It will be in about three months. In terms of how risk is treated within the model. Colorado you want to talk model. Do you want to talk about the financial build out. Yeah the wholesale price of power fluctuates considerably in the last decade and in many situation that is has defined the marketplace in this case, we are proposing a substantial development of local renewable resource and those demands eliminate and so the very approach limits risk compared to what you would get if you follow the shaw north america contract approach which, is all based o
Commercial customers. Yes. Essentially it would be the same generic risk applied to residential you have large commercial customers downtown and high rises downtown consuming a big part of the energy and so they are more sensitive to fluctuation and is rates. Really though, as it would apply to residential customers, fluctuation and is rates as they occur on the market, would be greater than they will be under a regime that is based upon local fixed capital cost and is that is what the build out will do you end up with over half of the power supply in a fair short period of time. Being behind the meter and being essentially hardware and performance based rather than market or fuelbased. So, from the point of view of the commercial customer, you know, there are now over a thousand municipallies in the United States over c c a service and there has not been to my knowledge been a proem with which the Program Commence with a rate increase now clearly if the Program Commences with a rate i
Essentially it would be the same generic risk applied to residential you have large commercial customers downtown and high rises downtown consuming a big part of the energy and so they are more sensitive to fluctuation and is rates. Really though, as it would apply to residential customers, fluctuation and is rates as they occur on the market, would be greater than they will be under a regime that is based upon local fixed capital cost and is that is what the build out will do you end up with over half of the power supply in a fair short period of time. Being behind the meter and being essentially hardware and performance based rather than market or fuelbased. So, from the point of view of the commercial customer, you know, there are now over a thousand municipallies in the United States over c c a service and there has not been to my knowledge been a proem with which the Program Commence with a rate increase now clearly if the Program Commences with a rate increase that will send a ne
Instructor we dont neat need elaboration. I hate elaboration. So we are open now . There was no action taken during closed section is there any action to discuss the tups discussed during closed section. Most not toculosis. To disclose. Okay the motion carries the hour of 23 having arrived. We are ready for our cleanpowersf. Whos presenting . Here we go. Item 14 members. Barbara hale assistant general manage for power thank you members for did he go 98ing this time for local power i think and they are here to present to you their Business Case and financial deliverless at this point and their principal will be making the presentation. We have ten minutes allot it had for this presentation. Thank you plaintiffs perhaps miscommunication and we prepared a 30minute powerpoint. I think the first 17 slides are more than enough information for us. This is Samuel Golding our project manager. We will have to skip through some of the slides in order to meet your time requirement. Yes, my name is
Negative signal to the commercial customers the approach we are taking here does not require a rate increase which actually Shows Surplus and is potential discounts for customers that sign on for this product and so there is an opportunity here to not have to answer that universal premiums where you are testing the willingness of commercial customers to pay extra we view that as a result of market because the market has been problematic over the last ten years but Energy Efficiency there are no such problems with wind farms. Its or solar its a superior environment for rate certainty and it would both offer residential customers and the city considerably less risk around the of service. That is once you have built out. Yes, we have a farrell rapid build out schedule for that very reason we would start the program obviously with 100 bought power and then, quickly, roll out local resources to hedge that and so you would have within a couple of years a significant hedge on your wholesale p