Energy Independence Act (EIA) Energy Report Loads and Resources 2016 Annual Load (MWh) 6,285,744 Report Date June 1, 2017 Annual Load (MWh) 6,594,137 Contact Name/Dept Anna Berg Average of 2016 & 2017 Annual Loads (MWh) 6,439,941 Phone (425) 783-1604 Target (% of load) 9% Email ajberg@snopud.com Eligible Energy Target (MWh) 579,595 Eligible Resources and RECs 1,169,222 Compliance Method: Expenditures on Resources and RECs - invested in incremental cost of eligible renewable resources and the cost of RECs $34,637,206 Total annual retail revenue requirement - $594,896,000 Investment in renewables and RECs as a percent of retail revenue requirement 5.8% RPS Target [RCW 19.285.040(2)(a)] Resource Cost [RCW 19.285.050] No Load Growth [RCW 19.285.040(2)(d)] Gas from Wave, Qualified Apprentice Water Wind Solar Geothermal Landfill Gas Sewage Biodiesel Biomass Ocean, Tidal Biomass Labor Credit Treatment Eligible Resources (MWh) 1,330 498,886 - - - - - - - - - Distributed Generation Credit Energy Credits 544,180 15,268 - - - - - 52,248 - - 57,310 Total s (MWh+RECs) 1,330 1,043,066 15,268 - - - - - 52,248 - - 57,310 Reporting Year: This renewable energy report summarizes the eligible renewables resources and renewable energy credits (RECs) that the utility has acquired by January 1, for the purpose of meeting its Energy Independence Act (EIA) renewables target for. The actual resources and RECs used to comply with the EIA target may vary from those reported here. Utilities will report in June of 2020 on the actual results for. Compliance Methods: The EIA provides three compliance methods for utilities: -- Meet the renewable energy target using any combination of renewable resources and RECs. The target for is 9% of the utility s load. -- Invest at least 4% of the utility s annual revenue requirement in the incremental cost of renewable resources and RECs. -- Invest at least 1% of its annual revenue requirement in renewable resources and RECs. This option is available only to certain utilities that are not growing. All utilities must report the renewable resources and RECs acquired for the target year. Utilities that elect to use a compliance method based on renewable investments must provide additional information demonstrating compliance with that method. Refer to WAC 194-37-110(2) and (3) for specific requirements. NOTE: This is a general explanation of the renewable energy requirements of the Energy Independence Act, intended to help members of the public understand the information reported by the utility. Consult
Resources WREGIS ID Facility Name Resource Type Apprentice Labor Eligibility Generation (MWh) Apprentice Labor (MWh equiv.) N/A Woods Creek Hydroelectric Pro Water No 1,330 - W360 White Creek Wind 1 - White CreWind No 56,603 - W978 Hay Canyon - Hay Canyon Wind No 222,521 - W806 Wheat Field - Wheat Field Wind No 219,762 - Explanatory Notes (as needed) Incremental hydro based on Q1- actual production and forecast balance of the year production Based on Q1- actual production and forecast balance of the year production Based on Q1- actual production and forecast balance of the year production Based on Q1- actual production and forecast balance of the year production
Energy Credits Apprentice Labor Distributed Generation REC Apprentice Distributed Vintage Resource Labor Generation Quantity WREGIS ID Facility Name (Year) Type Eligibility Eligibility RECs MWh equiv. MWh equiv. W1634 Hidden Hollow Energy 2017 Biomass (inc No No 10,206 - - W1866 Payne's Ferry Wind Park 2017 Wind No No 32,871 - - W1881 Thousand Springs Wind Park 2017 Wind No No 7,129 - - W2794 Darrington - Darrington 2017 Biomass (inc No Yes 17,664-17,664 W360 White Creek Wind 1 - White Cre 2017 Wind No No 45,748 - - W978 Hay Canyon - Hay Canyon 2017 Wind No No 185,648 - - W806 Wheat Field - Wheat Field 2017 Wind No No 180,246 - - Various Solar Express 2017 Solar No Yes 7,768-7,768 W3954 Qualco - Qualco 2017 Biomass (in No Yes 2,432-2,432 W833 Condon Wind Power Project - C 2017 Wind No No 5,194 - - W774 Condon Wind Power Project 2017 Wind No No 5,073 - - W238 Klondike I -Klondike Wind Powe 2017 Wind No No 4,711 - - W237 Klondike III - Klondike Wind Pow 2017 Wind No No 12,402 - - W248 Stateline (WA) - FPL Energy Va 2017 Wind No No 18,889 - - No - W2794 Darrington - Darrington Biomass (in No Yes 19,097-19,097 Various Solar Express Solar No Yes 7,500-7,500 W3954 Qualco - Qualco Biomass (in No Yes 2,849-2,849 W833 Condon Wind Power Project - C Wind No No 5,194 - - W774 Condon Wind Power Project Wind No No 5,073 - - W238 Klondike I -Klondike Wind Powe Wind No No 4,711 - W237 Klondike III - Klondike Wind Pow Wind No No 12,402 - - W248 Stateline (WA) - FPL Energy Va Wind No No 18,889 - - Explanatory Notes (as needed) REC only purchase to meet EIA Compliance REC only purchase to meet EIA Compliance REC only purchase to meet EIA Compliance BPA Tier 1 RECs earmarked for Compliance BPA Tier 1 RECs earmarked for Compliance BPA Tier 1 RECs earmarked for Compliance BPA Tier 1 RECs earmarked for Compliance BPA Tier 1 RECs earmarked for Compliance Based on Q1- actual production and forecast balance of the year production Based on Q1- actual production and forecast balance of the year production
Other notes and explanations: A) "Annual Loads" are from 's 2017 Annual Report (p. 55): https://www.snopud.com/site/content/documents/finance/ar_2017_web.pdf (attached zip file below) Annual Loads are computed as Total Megawatt-Hours Billed less Wholesale power sales. B) "Woods Creek Hydroelectric Project" reflects the incremental electricity produced by the 0.65 megawatt (MW) Woods Creek Hydroelectric Project located in Snohomish County, WA. C) " Energy Credits" with vintage include forecasts from: 1) PUD wind RECs from White Creek, Wheat Field and Hay Canyon Wind projects 2) EIA-eligible BPA Tier 1 System RECs and 3) forecast RECs from: Hampton Lumber Mill - Darrington, Snohomish PUD's Solar Express Program, and the Qualco biodigester, including their Distributed Generation equivalents. 2017 vintage RECs are carried over from White Creek, Wheat Field and Hay Canyon wind projects, EIA-eligible BPA Tier-1 RECs, the Hampton Lumber Mill - Darrington, Solar Express and Qualco RECs and their Distributed Generation equivalents, and REC only purchases from Hidden Hollow Energy, Payne's Ferry Wind Park and Thousand Springs Wind Park acquired in April. D) "Hampton Lumber Mill - Darrington" refers to the 4.5 MW biomass generating unit located in Darrington, WA. Snohomish PUD contracts for 100% of the energy and RECs through a long-term Power Purchase Agreement (PPA) renewed in December 2016 for the contract term 2017-2021. This project qualifies for the 2x distributed generation multiplier. E) "White Creek Wind" is located in Klickitat County, WA. Snohomish PUD contracts for 10% or 20 MW capacity share of the 204 MW project that includes both energy and RECs through a 20-year PPA executed on 5/10/07. F) "Hay Canyon Wind" refers to a wind facility in Sherman County, OR. Snohomish PUD contracts for 100% of the energy and RECs through two long-term PPAs executed on 2/2/09. Hay Canyon I expires in 2024 and Hay Canyon II expires in 2027. G) "Wheat Field Wind" is located in Gilliam County, OR. Snohomish PUD contracts for 100% of the energy and RECs through a 20-year PPA executed on 8/26/08. H) "BPA Tier 1" refers to EIA-eligible allocated RECs from the Bonneville Power Administration's Tier 1 System in accordance with Snohomish PUD's BPA Regional Dialogue Purchase and Sales Agreement executed in 2008. The estimate is based on 2017 actual RECs transferred by BPA to Snohomish PUD's WREGIS account. I) "Qualco Energy Corporation" refers to the 0.45 MW biodigester generating unit located in Monroe, WA. Snohomish PUD contracts for 100% of the energy and RECs through a long-term PPA executed on 12/26/2013 for the contract term 2014-. This project qualifies for the 2x distributed generation multiplier. J) "Snohomish PUD Solar Express Projects" refer to customer-owned solar photovoltaic (PV) projects that have been incentivized through Snohomish PUD's Solar Express Program. Customers with solar PV systems enrolled in the Solar Express Program agree, as a condition for receiving a program incentive, that Snohomish PUD owns all RECs. These RECs qualify for the 2x distributed generation multiplier. SnoPUD 2017 Annual Report.zip
Energy Independence Act (EIA) Incremental Cost and REC Cost Report Incremental Cost of Resources Facility Name WREGIS ID MWh Resource Annual Cost in 2017 Resource Cost per MWH Description of Substitute Resource Substitute Resource Annual Cost in 2017 Substitute Resource Cost per MWH Incremental Cost of Resource in 2017 White Creek Wind 1 - White Creek W360 56,603 $5,116,889 90 Surplus Portfolio/BPA $2,269,308 40 $2,847,581 Hay Canyon - Hay Canyon W978 222,521 $26,925,719 121 Surplus Portfolio/BPA $10,645,406 48 $16,280,313 Wheat Field - Wheat Field W806 219,762 $25,519,592 116 Surplus Portfolio/BPA $10,322,015 47 $15,197,577 Totals 498,886 $57,562,200 $23,236,729 $34,325,471
Cost of Energy Credits Facility Name WREGIS ID REC Vintage (Year) Number of RECs Annual Cost of Energy Credits Cost per REC Hidden Hollow Energy W1634 2017 10,206 $20,412 2 Payne's Ferry Wind Park W1866 2017 32,871 $82,178 3 Thousand Springs Wind Park W1881 2017 7,129 $17,823 3 Darrington - Darrington W2794 2017 17,664 $52,992 3 White Creek Wind 1 - White Creek W360 2017 45,748 0 Hay Canyon - Hay Canyon W978 2017 185,648 0 Wheat Field - Wheat Field W806 2017 180,246 0 Solar Express Various 2017 7,768 0 Qualco - Qualco W3954 2017 2,432 $36,966 15 don Wind Power Project - Condon Pha W833 2017 5,194 0 Condon Wind Power Project W774 2017 5,073 0 Klondike I -Klondike Wind Power LLC W238 2017 4,711 0 ondike III - Klondike Wind Power III LL W237 2017 12,402 0 ateline (WA) - FPL Energy Vansycle LL W248 2017 18,889 0 0 0 - Darrington - Darrington W2794 19,097 $57,291 3 Solar Express Various 7,500 0 Qualco - Qualco W3954 2,849 $44,074 15 don Wind Power Project - Condon Pha W833 5,194 0 Condon Wind Power Project W774 5,073 0 Klondike I -Klondike Wind Power LLC W238 4,711 0 ondike III - Klondike Wind Power III LL W237 12,402 0 ateline (WA) - FPL Energy Vansycle LL W248 18,889 0 Total $311,735 Documentation of the calculation and inputs for percentage of revenue requirement invested in renewables: Attachment A contains Snohomish PUD No. 1's Electric System Adopted Budget for Energy/Water Retail Sales, approved by the Board of Commissioners Resolution No. 5833, dated Dec. 19, 2017. Attachment B contains the annual incremental cost calculation for Snohomish PUD's acquired and available resources. Attachment C contains the BLS data used to calculate the annual inflation rate. 65DFAD68.zip