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HomeMy WebLinkAbout2025-04-02 Utilities Advisory Commission Agenda PacketUTILITIES ADVISORY COMMISSION Regular Meeting Wednesday, April 02, 2025 Council Chambers & Hybrid 6:00 PM Chair Scharff Remote Location: W Hotel, 550 S Spring St. Aspen, Colorado 81611  Commissioner Gupta Remote Location: Share Lounge, Tsutaya Bookstore Marunouchi, 3  and 4  Floor, Marunouchi Bld. 2‐4‐1 Marunouchi, Chiyoda‐ku, Tokyo, 100‐0005, Japan Utilities Advisory Commission meetings will be held as “hybrid” meetings with the option to attend by teleconference/video conference or in person. To maximize public safety while still maintaining transparency and public access, members of the public can choose to participate from home or attend in person. Information on how the public may observe and participate in the meeting is located at the end of the agenda. Masks are strongly encouraged if attending in person. T h e   m e e t i n g   w i l l   b e   b r o a d c a s t   o n   C a b l e   T V   C h a n n e l   2 6 ,   l i v e   o n YouTube https://www.youtube.com/c/cityofpaloalto,   a n d   s t r e a m e d   t o   M i d p e n   M e d i a Center https://midpenmedia.org. VIRTUAL PARTICIPATION CLICK HERE TO JOIN (https://cityofpaloalto.zoom.us/j/96691297246) Meeting ID: 966 9129 7246    Phone: 1(669)900‐6833 PUBLIC COMMENTS Public comments will be accepted both in person and via Zoom for up to three minutes or an amount of time determined by the Chair. All requests to speak will be taken until 5 minutes after the staff’s presentation. Written public comments can be submitted in advance to UAC@CityofPaloAlto.org and will be provided to the Council and available for inspection on the City’s website. Please clearly indicate which agenda item you are referencing in your subject line. PowerPoints, videos, or other media to be presented during public comment are accepted only by email to UAC@CityofPaloAlto.org at least 24 hours prior to the meeting. Once received, the  Clerk will have them shared at public comment for the specified item. To uphold strong cybersecurity management practices, USB’s or other physical electronic storage devices are not accepted. Signs and symbolic materials less than 2 feet by 3 feet are permitted provided that: (1) sticks, posts, poles or similar/other type of handle objects are strictly prohibited; (2) the items do not create a facility, fire, or safety hazard; and (3) persons with such items remain seated when displaying them and must not raise the items above shoulder level, obstruct the view or passage of other attendees, or otherwise disturb the business of the meeting. TIME ESTIMATES Listed times are estimates only and are subject to change at any time, including while the meeting is in progress. The Commission reserves the right to use more or less time on any item, to change the order of items and/or to continue items to another meeting. Particular items may be heard before or after the time estimated on the agenda. This may occur in order to best manage the time at a meeting to adapt to the participation of the public, or for any other reason intended to facilitate the meeting. CALL TO ORDER 6:00PM – 6:05PM AGENDA CHANGES, ADDITIONS AND DELETIONS 6:05PM – 6:10PM The Chair or Board majority may modify the agenda order to improve meeting management. PUBLIC COMMENT  6:10PM – 6:25PM Members of the public may speak to any item NOT on the agenda. APPROVAL OF MINUTES 6:25PM – 6:30PM 1.Approval of the Minutes of the Utilities Advisory Commission Meeting Held on March 5, 2025 UTILITIES DIRECTOR REPORT 6:30PM – 6:45PM NEW BUSINESS A 10 Minute Break May Be Imposed During This Section 2.Approval of Chair and Vice Chair to Serve a Short Term of April 2, 2025 through April 1, 2026 ACTION 6:45PM – 6:55PM 3.Staff Recommend the Utilities Advisory Commission Recommend that the City Council Adopt a Resolution Approving the FY 2026 Gas Utility Financial Forecast and Reserve Transfers, the Natural Gas Cost of Service and Rate Study, and General Fund Transfer; and Amending Rate Schedules G‐1 (Residential Gas Service), G‐2 (Residential Master‐ Metered and Commercial Gas Service), G‐3 (Large Commercial Gas Service), and G‐10 (Compressed Natural Gas Service) ACTION 6:55PM – 7:55PM 4.Staff Recommends the Utilities Advisory Commission Recommend that the City Council Adopt a Resolution, Approving the FY 2026 Electric Financial Forecast, including Transfers, Amending Rate Schedules E‐1 (Residential Electric Service), E‐2 (Residential Master‐Metered and Small Non‐Residential Electric Service), E‐2‐G (Residential Master‐ Metered and Small Non‐Residential Green Power Electric Service), E‐4 (Medium Non‐ Residential Electric Service), E‐4‐G (Medium Non‐Residential Green Power Electric Service), E‐4 TOU (Medium Non‐Residential Time of Use Electric Service), E‐7 (Large Non‐Residential Electric Service), E‐7‐G (Large Non‐Residential Green Power Electric Service), E‐7 TOU (Large Non‐Residential Time of Use Electric Service), E‐14 (Street Lights), E‐16 (Unmetered Electric Service), E‐EEC‐1 (Export Electricity Compensation), and E‐NSE‐1 (Net Metering Surplus Electricity Compensation) ACTION 7:55PM – 8:40PM 5.Review and Recommend Utilities Advisory Commission FY 2025 – 2026 Work Plan for City Council Approval ACTION: 8:40PM – 9:30PM FUTURE TOPICS FOR UPCOMMING MEETING  May 7, 2025 COMMISSIONER COMMENTS AND REPORTS FROM MEETINGS/EVENTS ADJOURNMENT SUPPLEMENTAL INFORMATION The materials below are provided for informational purposes, not for action or discussion during UAC Meetings (Govt. Code Section 54954.2(a)(3)). INFORMATIONAL REPORTS Information Report: Utilities Quarterly Report for FY25­Q2 12‐Month Rolling Calendar Public Letter(s) to the UAC PUBLIC COMMENT INSTRUCTIONS Members of the Public may provide public comments to teleconference meetings via email, teleconference, or by phone. 1. Written public comments may be submitted by email to UAC@CityofPaloAlto.org. 2. Spoken public comments using a computer will be accepted through the teleconference meeting. To address the Council, click on the link below to access a Zoom‐ based meeting. Please read the following instructions carefully. You may download the Zoom client or connect to the meeting in‐ browser. If using your browser, make sure you are using a current, up‐to‐date browser: Chrome 30 , Firefox 27 , Microsoft Edge 12 , Safari 7 . Certain functionality may be disabled in older browsers including Internet Explorer. You may be asked to enter an email address and name. We request that you identify yourself by name as this will be visible online and will be used to notify you that it is your turn to speak. When you wish to speak on an Agenda Item, click on “raise hand.” The Clerk will activate and unmute speakers in turn. Speakers will be notified shortly before they are called to speak. When called, please limit your remarks to the time limit allotted. A timer will be shown on the computer to help keep track of your comments. 3. Spoken public comments using a smart phone will be accepted  through the teleconference meeting. To address the Council, download the Zoom application onto your phone from the Apple App Store or Google Play Store and enter the Meeting ID below. Please follow the instructions B‐E above. 4. Spoken public comments using a phone use the telephone number listed below. When you wish to speak on an agenda item hit *9 on your phone so we know that you wish to speak. You will be asked to provide your first and last name before addressing the Council. You will be advised how long you have to speak. When called please limit your remarks to the agenda item and time limit allotted. CLICK HERE TO JOIN    Meeting ID: 966 9129 7246   Phone:1‐669‐900‐6833  Americans with Disability Act (ADA) It is the policy of the City of Palo Alto to offer its public programs, services and meetings in a manner that is readily accessible to all. Persons with disabilities who require materials in an appropriate alternative format or who require auxiliary aids to access City meetings, programs, or services may contact the City’s ADA Coordinator at (650) 329‐2550 (voice) or by emailing ada@cityofpaloalto.org. Requests for assistance or accommodations must be submitted at least 24 hours in advance of the meeting, program, or service. rd th  1 Regular Meeting April 02, 2025 Materials related to an item on this agenda submitted to the Board after distribution of the agenda packet are available for public inspection at www.CityofPaloAlto.org.   UTILITIES ADVISORY COMMISSIONRegular MeetingWednesday, April 02, 2025Council Chambers & Hybrid6:00 PMChair Scharff Remote Location: W Hotel, 550 S Spring St.Aspen, Colorado 81611 Commissioner Gupta Remote Location: Share Lounge,Tsutaya Bookstore Marunouchi,3  and 4  Floor, Marunouchi Bld. 2‐4‐1 Marunouchi,Chiyoda‐ku, Tokyo, 100‐0005, JapanUtilities Advisory Commission meetings will be held as “hybrid” meetings with the option toattend by teleconference/video conference or in person. To maximize public safety while stillmaintaining transparency and public access, members of the public can choose to participatefrom home or attend in person. Information on how the public may observe and participate in themeeting is located at the end of the agenda. Masks are strongly encouraged if attending inperson. T h e   m e e t i n g   w i l l   b e   b r o a d c a s t   o n   C a b l e   T V   C h a n n e l   2 6 ,   l i v e   o nYouTube https://www.youtube.com/c/cityofpaloalto,   a n d   s t r e a m e d   t o   M i d p e n   M e d i aCenter https://midpenmedia.org.VIRTUAL PARTICIPATION CLICK HERE TO JOIN (https://cityofpaloalto.zoom.us/j/96691297246)Meeting ID: 966 9129 7246    Phone: 1(669)900‐6833PUBLIC COMMENTSPublic comments will be accepted both in person and via Zoom for up to three minutes or anamount of time determined by the Chair. All requests to speak will be taken until 5 minutesafter the staff’s presentation. Written public comments can be submitted in advance toUAC@CityofPaloAlto.org and will be provided to the Council and available for inspection on theCity’s website. Please clearly indicate which agenda item you are referencing in your subjectline.PowerPoints, videos, or other media to be presented during public comment are accepted onlyby email to UAC@CityofPaloAlto.org at least 24 hours prior to the meeting. Once received, the Clerk will have them shared at public comment for the specified item. To uphold strongcybersecurity management practices, USB’s or other physical electronic storage devices are notaccepted.Signs and symbolic materials less than 2 feet by 3 feet are permitted provided that: (1) sticks, posts, poles or similar/other type of handle objects are strictly prohibited; (2) the items do not create a facility, fire, or safety hazard; and (3) persons with such items remain seated when displaying them and must not raise the items above shoulder level, obstruct the view or passage of other attendees, or otherwise disturb the business of the meeting. TIME ESTIMATES Listed times are estimates only and are subject to change at any time, including while the meeting is in progress. The Commission reserves the right to use more or less time on any item, to change the order of items and/or to continue items to another meeting. Particular items may be heard before or after the time estimated on the agenda. This may occur in order to best manage the time at a meeting to adapt to the participation of the public, or for any other reason intended to facilitate the meeting. CALL TO ORDER 6:00PM – 6:05PM AGENDA CHANGES, ADDITIONS AND DELETIONS 6:05PM – 6:10PM The Chair or Board majority may modify the agenda order to improve meeting management. PUBLIC COMMENT  6:10PM – 6:25PM Members of the public may speak to any item NOT on the agenda. APPROVAL OF MINUTES 6:25PM – 6:30PM 1.Approval of the Minutes of the Utilities Advisory Commission Meeting Held on March 5, 2025 UTILITIES DIRECTOR REPORT 6:30PM – 6:45PM NEW BUSINESS A 10 Minute Break May Be Imposed During This Section 2.Approval of Chair and Vice Chair to Serve a Short Term of April 2, 2025 through April 1, 2026 ACTION 6:45PM – 6:55PM 3.Staff Recommend the Utilities Advisory Commission Recommend that the City Council Adopt a Resolution Approving the FY 2026 Gas Utility Financial Forecast and Reserve Transfers, the Natural Gas Cost of Service and Rate Study, and General Fund Transfer; and Amending Rate Schedules G‐1 (Residential Gas Service), G‐2 (Residential Master‐ Metered and Commercial Gas Service), G‐3 (Large Commercial Gas Service), and G‐10 (Compressed Natural Gas Service) ACTION 6:55PM – 7:55PM 4.Staff Recommends the Utilities Advisory Commission Recommend that the City Council Adopt a Resolution, Approving the FY 2026 Electric Financial Forecast, including Transfers, Amending Rate Schedules E‐1 (Residential Electric Service), E‐2 (Residential Master‐Metered and Small Non‐Residential Electric Service), E‐2‐G (Residential Master‐ Metered and Small Non‐Residential Green Power Electric Service), E‐4 (Medium Non‐ Residential Electric Service), E‐4‐G (Medium Non‐Residential Green Power Electric Service), E‐4 TOU (Medium Non‐Residential Time of Use Electric Service), E‐7 (Large Non‐Residential Electric Service), E‐7‐G (Large Non‐Residential Green Power Electric Service), E‐7 TOU (Large Non‐Residential Time of Use Electric Service), E‐14 (Street Lights), E‐16 (Unmetered Electric Service), E‐EEC‐1 (Export Electricity Compensation), and E‐NSE‐1 (Net Metering Surplus Electricity Compensation) ACTION 7:55PM – 8:40PM 5.Review and Recommend Utilities Advisory Commission FY 2025 – 2026 Work Plan for City Council Approval ACTION: 8:40PM – 9:30PM FUTURE TOPICS FOR UPCOMMING MEETING  May 7, 2025 COMMISSIONER COMMENTS AND REPORTS FROM MEETINGS/EVENTS ADJOURNMENT SUPPLEMENTAL INFORMATION The materials below are provided for informational purposes, not for action or discussion during UAC Meetings (Govt. Code Section 54954.2(a)(3)). INFORMATIONAL REPORTS Information Report: Utilities Quarterly Report for FY25­Q2 12‐Month Rolling Calendar Public Letter(s) to the UAC PUBLIC COMMENT INSTRUCTIONS Members of the Public may provide public comments to teleconference meetings via email, teleconference, or by phone. 1. Written public comments may be submitted by email to UAC@CityofPaloAlto.org. 2. Spoken public comments using a computer will be accepted through the teleconference meeting. To address the Council, click on the link below to access a Zoom‐ based meeting. Please read the following instructions carefully. You may download the Zoom client or connect to the meeting in‐ browser. If using your browser, make sure you are using a current, up‐to‐date browser: Chrome 30 , Firefox 27 , Microsoft Edge 12 , Safari 7 . Certain functionality may be disabled in older browsers including Internet Explorer. You may be asked to enter an email address and name. We request that you identify yourself by name as this will be visible online and will be used to notify you that it is your turn to speak. When you wish to speak on an Agenda Item, click on “raise hand.” The Clerk will activate and unmute speakers in turn. Speakers will be notified shortly before they are called to speak. When called, please limit your remarks to the time limit allotted. A timer will be shown on the computer to help keep track of your comments. 3. Spoken public comments using a smart phone will be accepted  through the teleconference meeting. To address the Council, download the Zoom application onto your phone from the Apple App Store or Google Play Store and enter the Meeting ID below. Please follow the instructions B‐E above. 4. Spoken public comments using a phone use the telephone number listed below. When you wish to speak on an agenda item hit *9 on your phone so we know that you wish to speak. You will be asked to provide your first and last name before addressing the Council. You will be advised how long you have to speak. When called please limit your remarks to the agenda item and time limit allotted. CLICK HERE TO JOIN    Meeting ID: 966 9129 7246   Phone:1‐669‐900‐6833  Americans with Disability Act (ADA) It is the policy of the City of Palo Alto to offer its public programs, services and meetings in a manner that is readily accessible to all. Persons with disabilities who require materials in an appropriate alternative format or who require auxiliary aids to access City meetings, programs, or services may contact the City’s ADA Coordinator at (650) 329‐2550 (voice) or by emailing ada@cityofpaloalto.org. Requests for assistance or accommodations must be submitted at least 24 hours in advance of the meeting, program, or service. rd th  2 Regular Meeting April 02, 2025 Materials related to an item on this agenda submitted to the Board after distribution of the agenda packet are available for public inspection at www.CityofPaloAlto.org.   UTILITIES ADVISORY COMMISSIONRegular MeetingWednesday, April 02, 2025Council Chambers & Hybrid6:00 PMChair Scharff Remote Location: W Hotel, 550 S Spring St.Aspen, Colorado 81611 Commissioner Gupta Remote Location: Share Lounge,Tsutaya Bookstore Marunouchi,3  and 4  Floor, Marunouchi Bld. 2‐4‐1 Marunouchi,Chiyoda‐ku, Tokyo, 100‐0005, JapanUtilities Advisory Commission meetings will be held as “hybrid” meetings with the option toattend by teleconference/video conference or in person. To maximize public safety while stillmaintaining transparency and public access, members of the public can choose to participatefrom home or attend in person. Information on how the public may observe and participate in themeeting is located at the end of the agenda. Masks are strongly encouraged if attending inperson. T h e   m e e t i n g   w i l l   b e   b r o a d c a s t   o n   C a b l e   T V   C h a n n e l   2 6 ,   l i v e   o nYouTube https://www.youtube.com/c/cityofpaloalto,   a n d   s t r e a m e d   t o   M i d p e n   M e d i aCenter https://midpenmedia.org.VIRTUAL PARTICIPATION CLICK HERE TO JOIN (https://cityofpaloalto.zoom.us/j/96691297246)Meeting ID: 966 9129 7246    Phone: 1(669)900‐6833PUBLIC COMMENTSPublic comments will be accepted both in person and via Zoom for up to three minutes or anamount of time determined by the Chair. All requests to speak will be taken until 5 minutesafter the staff’s presentation. Written public comments can be submitted in advance toUAC@CityofPaloAlto.org and will be provided to the Council and available for inspection on theCity’s website. Please clearly indicate which agenda item you are referencing in your subjectline.PowerPoints, videos, or other media to be presented during public comment are accepted onlyby email to UAC@CityofPaloAlto.org at least 24 hours prior to the meeting. Once received, the Clerk will have them shared at public comment for the specified item. To uphold strongcybersecurity management practices, USB’s or other physical electronic storage devices are notaccepted.Signs and symbolic materials less than 2 feet by 3 feet are permitted provided that: (1) sticks,posts, poles or similar/other type of handle objects are strictly prohibited; (2) the items do notcreate a facility, fire, or safety hazard; and (3) persons with such items remain seated whendisplaying them and must not raise the items above shoulder level, obstruct the view orpassage of other attendees, or otherwise disturb the business of the meeting.TIME ESTIMATESListed times are estimates only and are subject to change at any time, including while the meeting is in progress. The Commission reserves the right to use more or less time on any item, to change the order of items and/or to continue items to another meeting. Particular items may be heard before or after the time estimated on the agenda. This may occur in order to best manage the time at a meeting to adapt to the participation of the public, or for any other reason intended to facilitate the meeting. CALL TO ORDER 6:00PM – 6:05PM AGENDA CHANGES, ADDITIONS AND DELETIONS 6:05PM – 6:10PM The Chair or Board majority may modify the agenda order to improve meeting management. PUBLIC COMMENT  6:10PM – 6:25PM Members of the public may speak to any item NOT on the agenda. APPROVAL OF MINUTES 6:25PM – 6:30PM 1.Approval of the Minutes of the Utilities Advisory Commission Meeting Held on March 5, 2025 UTILITIES DIRECTOR REPORT 6:30PM – 6:45PM NEW BUSINESS A 10 Minute Break May Be Imposed During This Section 2.Approval of Chair and Vice Chair to Serve a Short Term of April 2, 2025 through April 1, 2026 ACTION 6:45PM – 6:55PM 3.Staff Recommend the Utilities Advisory Commission Recommend that the City Council Adopt a Resolution Approving the FY 2026 Gas Utility Financial Forecast and Reserve Transfers, the Natural Gas Cost of Service and Rate Study, and General Fund Transfer; and Amending Rate Schedules G‐1 (Residential Gas Service), G‐2 (Residential Master‐ Metered and Commercial Gas Service), G‐3 (Large Commercial Gas Service), and G‐10 (Compressed Natural Gas Service) ACTION 6:55PM – 7:55PM 4.Staff Recommends the Utilities Advisory Commission Recommend that the City Council Adopt a Resolution, Approving the FY 2026 Electric Financial Forecast, including Transfers, Amending Rate Schedules E‐1 (Residential Electric Service), E‐2 (Residential Master‐Metered and Small Non‐Residential Electric Service), E‐2‐G (Residential Master‐ Metered and Small Non‐Residential Green Power Electric Service), E‐4 (Medium Non‐ Residential Electric Service), E‐4‐G (Medium Non‐Residential Green Power Electric Service), E‐4 TOU (Medium Non‐Residential Time of Use Electric Service), E‐7 (Large Non‐Residential Electric Service), E‐7‐G (Large Non‐Residential Green Power Electric Service), E‐7 TOU (Large Non‐Residential Time of Use Electric Service), E‐14 (Street Lights), E‐16 (Unmetered Electric Service), E‐EEC‐1 (Export Electricity Compensation), and E‐NSE‐1 (Net Metering Surplus Electricity Compensation) ACTION 7:55PM – 8:40PM 5.Review and Recommend Utilities Advisory Commission FY 2025 – 2026 Work Plan for City Council Approval ACTION: 8:40PM – 9:30PM FUTURE TOPICS FOR UPCOMMING MEETING  May 7, 2025 COMMISSIONER COMMENTS AND REPORTS FROM MEETINGS/EVENTS ADJOURNMENT SUPPLEMENTAL INFORMATION The materials below are provided for informational purposes, not for action or discussion during UAC Meetings (Govt. Code Section 54954.2(a)(3)). INFORMATIONAL REPORTS Information Report: Utilities Quarterly Report for FY25­Q2 12‐Month Rolling Calendar Public Letter(s) to the UAC PUBLIC COMMENT INSTRUCTIONS Members of the Public may provide public comments to teleconference meetings via email, teleconference, or by phone. 1. Written public comments may be submitted by email to UAC@CityofPaloAlto.org. 2. Spoken public comments using a computer will be accepted through the teleconference meeting. To address the Council, click on the link below to access a Zoom‐ based meeting. Please read the following instructions carefully. You may download the Zoom client or connect to the meeting in‐ browser. If using your browser, make sure you are using a current, up‐to‐date browser: Chrome 30 , Firefox 27 , Microsoft Edge 12 , Safari 7 . Certain functionality may be disabled in older browsers including Internet Explorer. You may be asked to enter an email address and name. We request that you identify yourself by name as this will be visible online and will be used to notify you that it is your turn to speak. When you wish to speak on an Agenda Item, click on “raise hand.” The Clerk will activate and unmute speakers in turn. Speakers will be notified shortly before they are called to speak. When called, please limit your remarks to the time limit allotted. A timer will be shown on the computer to help keep track of your comments. 3. Spoken public comments using a smart phone will be accepted  through the teleconference meeting. To address the Council, download the Zoom application onto your phone from the Apple App Store or Google Play Store and enter the Meeting ID below. Please follow the instructions B‐E above. 4. Spoken public comments using a phone use the telephone number listed below. When you wish to speak on an agenda item hit *9 on your phone so we know that you wish to speak. You will be asked to provide your first and last name before addressing the Council. You will be advised how long you have to speak. When called please limit your remarks to the agenda item and time limit allotted. CLICK HERE TO JOIN    Meeting ID: 966 9129 7246   Phone:1‐669‐900‐6833  Americans with Disability Act (ADA) It is the policy of the City of Palo Alto to offer its public programs, services and meetings in a manner that is readily accessible to all. Persons with disabilities who require materials in an appropriate alternative format or who require auxiliary aids to access City meetings, programs, or services may contact the City’s ADA Coordinator at (650) 329‐2550 (voice) or by emailing ada@cityofpaloalto.org. Requests for assistance or accommodations must be submitted at least 24 hours in advance of the meeting, program, or service. rd th  3 Regular Meeting April 02, 2025 Materials related to an item on this agenda submitted to the Board after distribution of the agenda packet are available for public inspection at www.CityofPaloAlto.org.   UTILITIES ADVISORY COMMISSIONRegular MeetingWednesday, April 02, 2025Council Chambers & Hybrid6:00 PMChair Scharff Remote Location: W Hotel, 550 S Spring St.Aspen, Colorado 81611 Commissioner Gupta Remote Location: Share Lounge,Tsutaya Bookstore Marunouchi,3  and 4  Floor, Marunouchi Bld. 2‐4‐1 Marunouchi,Chiyoda‐ku, Tokyo, 100‐0005, JapanUtilities Advisory Commission meetings will be held as “hybrid” meetings with the option toattend by teleconference/video conference or in person. To maximize public safety while stillmaintaining transparency and public access, members of the public can choose to participatefrom home or attend in person. Information on how the public may observe and participate in themeeting is located at the end of the agenda. Masks are strongly encouraged if attending inperson. T h e   m e e t i n g   w i l l   b e   b r o a d c a s t   o n   C a b l e   T V   C h a n n e l   2 6 ,   l i v e   o nYouTube https://www.youtube.com/c/cityofpaloalto,   a n d   s t r e a m e d   t o   M i d p e n   M e d i aCenter https://midpenmedia.org.VIRTUAL PARTICIPATION CLICK HERE TO JOIN (https://cityofpaloalto.zoom.us/j/96691297246)Meeting ID: 966 9129 7246    Phone: 1(669)900‐6833PUBLIC COMMENTSPublic comments will be accepted both in person and via Zoom for up to three minutes or anamount of time determined by the Chair. All requests to speak will be taken until 5 minutesafter the staff’s presentation. Written public comments can be submitted in advance toUAC@CityofPaloAlto.org and will be provided to the Council and available for inspection on theCity’s website. Please clearly indicate which agenda item you are referencing in your subjectline.PowerPoints, videos, or other media to be presented during public comment are accepted onlyby email to UAC@CityofPaloAlto.org at least 24 hours prior to the meeting. Once received, the Clerk will have them shared at public comment for the specified item. To uphold strongcybersecurity management practices, USB’s or other physical electronic storage devices are notaccepted.Signs and symbolic materials less than 2 feet by 3 feet are permitted provided that: (1) sticks,posts, poles or similar/other type of handle objects are strictly prohibited; (2) the items do notcreate a facility, fire, or safety hazard; and (3) persons with such items remain seated whendisplaying them and must not raise the items above shoulder level, obstruct the view orpassage of other attendees, or otherwise disturb the business of the meeting.TIME ESTIMATESListed times are estimates only and are subject to change at any time, including while themeeting is in progress. The Commission reserves the right to use more or less time on any item,to change the order of items and/or to continue items to another meeting. Particular items maybe heard before or after the time estimated on the agenda. This may occur in order to bestmanage the time at a meeting to adapt to the participation of the public, or for any other reasonintended to facilitate the meeting.CALL TO ORDER 6:00PM – 6:05PMAGENDA CHANGES, ADDITIONS AND DELETIONS 6:05PM – 6:10PMThe Chair or Board majority may modify the agenda order to improve meeting management.PUBLIC COMMENT  6:10PM – 6:25PMMembers of the public may speak to any item NOT on the agenda.APPROVAL OF MINUTES 6:25PM – 6:30PM1.Approval of the Minutes of the Utilities Advisory Commission Meeting Held on March 5,2025UTILITIES DIRECTOR REPORT 6:30PM – 6:45PMNEW BUSINESS A 10 Minute Break May Be Imposed During This Section2.Approval of Chair and Vice Chair to Serve a Short Term of April 2, 2025 through April 1,2026 ACTION 6:45PM – 6:55PM3.Staff Recommend the Utilities Advisory Commission Recommend that the City CouncilAdopt a Resolution Approving the FY 2026 Gas Utility Financial Forecast and ReserveTransfers, the Natural Gas Cost of Service and Rate Study, and General Fund Transfer;and Amending Rate Schedules G‐1 (Residential Gas Service), G‐2 (Residential Master‐Metered and Commercial Gas Service), G‐3 (Large Commercial Gas Service), and G‐10(Compressed Natural Gas Service) ACTION 6:55PM – 7:55PM4.Staff Recommends the Utilities Advisory Commission Recommend that the City CouncilAdopt a Resolution, Approving the FY 2026 Electric Financial Forecast, includingTransfers, Amending Rate Schedules E‐1 (Residential Electric Service), E‐2 (ResidentialMaster‐Metered and Small Non‐Residential Electric Service), E‐2‐G (Residential Master‐Metered and Small Non‐Residential Green Power Electric Service), E‐4 (Medium Non‐Residential Electric Service), E‐4‐G (Medium Non‐Residential Green Power ElectricService), E‐4 TOU (Medium Non‐Residential Time of Use Electric Service), E‐7 (LargeNon‐Residential Electric Service), E‐7‐G (Large Non‐Residential Green Power ElectricService), E‐7 TOU (Large Non‐Residential Time of Use Electric Service), E‐14 (StreetLights), E‐16 (Unmetered Electric Service), E‐EEC‐1 (Export Electricity Compensation),and E‐NSE‐1 (Net Metering Surplus Electricity Compensation) ACTION 7:55PM – 8:40PM 5.Review and Recommend Utilities Advisory Commission FY 2025 – 2026 Work Plan for City Council Approval ACTION: 8:40PM – 9:30PM FUTURE TOPICS FOR UPCOMMING MEETING  May 7, 2025 COMMISSIONER COMMENTS AND REPORTS FROM MEETINGS/EVENTS ADJOURNMENT SUPPLEMENTAL INFORMATION The materials below are provided for informational purposes, not for action or discussion during UAC Meetings (Govt. Code Section 54954.2(a)(3)). INFORMATIONAL REPORTS Information Report: Utilities Quarterly Report for FY25­Q2 12‐Month Rolling Calendar Public Letter(s) to the UAC PUBLIC COMMENT INSTRUCTIONS Members of the Public may provide public comments to teleconference meetings via email, teleconference, or by phone. 1. Written public comments may be submitted by email to UAC@CityofPaloAlto.org. 2. Spoken public comments using a computer will be accepted through the teleconference meeting. To address the Council, click on the link below to access a Zoom‐ based meeting. Please read the following instructions carefully. You may download the Zoom client or connect to the meeting in‐ browser. If using your browser, make sure you are using a current, up‐to‐date browser: Chrome 30 , Firefox 27 , Microsoft Edge 12 , Safari 7 . Certain functionality may be disabled in older browsers including Internet Explorer. You may be asked to enter an email address and name. We request that you identify yourself by name as this will be visible online and will be used to notify you that it is your turn to speak. When you wish to speak on an Agenda Item, click on “raise hand.” The Clerk will activate and unmute speakers in turn. Speakers will be notified shortly before they are called to speak. When called, please limit your remarks to the time limit allotted. A timer will be shown on the computer to help keep track of your comments. 3. Spoken public comments using a smart phone will be accepted  through the teleconference meeting. To address the Council, download the Zoom application onto your phone from the Apple App Store or Google Play Store and enter the Meeting ID below. Please follow the instructions B‐E above. 4. Spoken public comments using a phone use the telephone number listed below. When you wish to speak on an agenda item hit *9 on your phone so we know that you wish to speak. You will be asked to provide your first and last name before addressing the Council. You will be advised how long you have to speak. When called please limit your remarks to the agenda item and time limit allotted. CLICK HERE TO JOIN    Meeting ID: 966 9129 7246   Phone:1‐669‐900‐6833  Americans with Disability Act (ADA) It is the policy of the City of Palo Alto to offer its public programs, services and meetings in a manner that is readily accessible to all. Persons with disabilities who require materials in an appropriate alternative format or who require auxiliary aids to access City meetings, programs, or services may contact the City’s ADA Coordinator at (650) 329‐2550 (voice) or by emailing ada@cityofpaloalto.org. Requests for assistance or accommodations must be submitted at least 24 hours in advance of the meeting, program, or service. rd th  4 Regular Meeting April 02, 2025 Materials related to an item on this agenda submitted to the Board after distribution of the agenda packet are available for public inspection at www.CityofPaloAlto.org.   UTILITIES ADVISORY COMMISSIONRegular MeetingWednesday, April 02, 2025Council Chambers & Hybrid6:00 PMChair Scharff Remote Location: W Hotel, 550 S Spring St.Aspen, Colorado 81611 Commissioner Gupta Remote Location: Share Lounge,Tsutaya Bookstore Marunouchi,3  and 4  Floor, Marunouchi Bld. 2‐4‐1 Marunouchi,Chiyoda‐ku, Tokyo, 100‐0005, JapanUtilities Advisory Commission meetings will be held as “hybrid” meetings with the option toattend by teleconference/video conference or in person. To maximize public safety while stillmaintaining transparency and public access, members of the public can choose to participatefrom home or attend in person. Information on how the public may observe and participate in themeeting is located at the end of the agenda. Masks are strongly encouraged if attending inperson. T h e   m e e t i n g   w i l l   b e   b r o a d c a s t   o n   C a b l e   T V   C h a n n e l   2 6 ,   l i v e   o nYouTube https://www.youtube.com/c/cityofpaloalto,   a n d   s t r e a m e d   t o   M i d p e n   M e d i aCenter https://midpenmedia.org.VIRTUAL PARTICIPATION CLICK HERE TO JOIN (https://cityofpaloalto.zoom.us/j/96691297246)Meeting ID: 966 9129 7246    Phone: 1(669)900‐6833PUBLIC COMMENTSPublic comments will be accepted both in person and via Zoom for up to three minutes or anamount of time determined by the Chair. All requests to speak will be taken until 5 minutesafter the staff’s presentation. Written public comments can be submitted in advance toUAC@CityofPaloAlto.org and will be provided to the Council and available for inspection on theCity’s website. Please clearly indicate which agenda item you are referencing in your subjectline.PowerPoints, videos, or other media to be presented during public comment are accepted onlyby email to UAC@CityofPaloAlto.org at least 24 hours prior to the meeting. Once received, the Clerk will have them shared at public comment for the specified item. To uphold strongcybersecurity management practices, USB’s or other physical electronic storage devices are notaccepted.Signs and symbolic materials less than 2 feet by 3 feet are permitted provided that: (1) sticks,posts, poles or similar/other type of handle objects are strictly prohibited; (2) the items do notcreate a facility, fire, or safety hazard; and (3) persons with such items remain seated whendisplaying them and must not raise the items above shoulder level, obstruct the view orpassage of other attendees, or otherwise disturb the business of the meeting.TIME ESTIMATESListed times are estimates only and are subject to change at any time, including while themeeting is in progress. The Commission reserves the right to use more or less time on any item,to change the order of items and/or to continue items to another meeting. Particular items maybe heard before or after the time estimated on the agenda. This may occur in order to bestmanage the time at a meeting to adapt to the participation of the public, or for any other reasonintended to facilitate the meeting.CALL TO ORDER 6:00PM – 6:05PMAGENDA CHANGES, ADDITIONS AND DELETIONS 6:05PM – 6:10PMThe Chair or Board majority may modify the agenda order to improve meeting management.PUBLIC COMMENT  6:10PM – 6:25PMMembers of the public may speak to any item NOT on the agenda.APPROVAL OF MINUTES 6:25PM – 6:30PM1.Approval of the Minutes of the Utilities Advisory Commission Meeting Held on March 5,2025UTILITIES DIRECTOR REPORT 6:30PM – 6:45PMNEW BUSINESS A 10 Minute Break May Be Imposed During This Section2.Approval of Chair and Vice Chair to Serve a Short Term of April 2, 2025 through April 1,2026 ACTION 6:45PM – 6:55PM3.Staff Recommend the Utilities Advisory Commission Recommend that the City CouncilAdopt a Resolution Approving the FY 2026 Gas Utility Financial Forecast and ReserveTransfers, the Natural Gas Cost of Service and Rate Study, and General Fund Transfer;and Amending Rate Schedules G‐1 (Residential Gas Service), G‐2 (Residential Master‐Metered and Commercial Gas Service), G‐3 (Large Commercial Gas Service), and G‐10(Compressed Natural Gas Service) ACTION 6:55PM – 7:55PM4.Staff Recommends the Utilities Advisory Commission Recommend that the City CouncilAdopt a Resolution, Approving the FY 2026 Electric Financial Forecast, includingTransfers, Amending Rate Schedules E‐1 (Residential Electric Service), E‐2 (ResidentialMaster‐Metered and Small Non‐Residential Electric Service), E‐2‐G (Residential Master‐Metered and Small Non‐Residential Green Power Electric Service), E‐4 (Medium Non‐Residential Electric Service), E‐4‐G (Medium Non‐Residential Green Power ElectricService), E‐4 TOU (Medium Non‐Residential Time of Use Electric Service), E‐7 (LargeNon‐Residential Electric Service), E‐7‐G (Large Non‐Residential Green Power ElectricService), E‐7 TOU (Large Non‐Residential Time of Use Electric Service), E‐14 (StreetLights), E‐16 (Unmetered Electric Service), E‐EEC‐1 (Export Electricity Compensation),and E‐NSE‐1 (Net Metering Surplus Electricity Compensation) ACTION 7:55PM – 8:40PM5.Review and Recommend Utilities Advisory Commission FY 2025 – 2026 Work Plan forCity Council Approval ACTION: 8:40PM – 9:30PMFUTURE TOPICS FOR UPCOMMING MEETING  May 7, 2025COMMISSIONER COMMENTS AND REPORTS FROM MEETINGS/EVENTSADJOURNMENTSUPPLEMENTAL INFORMATIONThe materials below are provided for informational purposes, not for action or discussion during UAC Meetings (Govt. CodeSection 54954.2(a)(3)).INFORMATIONAL REPORTS Information Report: Utilities Quarterly Report for FY25­Q2 12‐Month Rolling Calendar Public Letter(s) to the UAC PUBLIC COMMENT INSTRUCTIONS Members of the Public may provide public comments to teleconference meetings via email, teleconference, or by phone. 1. Written public comments may be submitted by email to UAC@CityofPaloAlto.org. 2. Spoken public comments using a computer will be accepted through the teleconference meeting. To address the Council, click on the link below to access a Zoom‐ based meeting. Please read the following instructions carefully. 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CLICK HERE TO JOIN    Meeting ID: 966 9129 7246   Phone:1‐669‐900‐6833  Americans with Disability Act (ADA) It is the policy of the City of Palo Alto to offer its public programs, services and meetings in a manner that is readily accessible to all. Persons with disabilities who require materials in an appropriate alternative format or who require auxiliary aids to access City meetings, programs, or services may contact the City’s ADA Coordinator at (650) 329‐2550 (voice) or by emailing ada@cityofpaloalto.org. Requests for assistance or accommodations must be submitted at least 24 hours in advance of the meeting, program, or service. rd th  5 Regular Meeting April 02, 2025 Materials related to an item on this agenda submitted to the Board after distribution of the agenda packet are available for public inspection at www.CityofPaloAlto.org.   Item No. 1. Page 1 of 1 6 2 8 7 Utilities Advisory Commission Staff Report From: Kiely Nose, Interim Utilities Director Lead Department: Utilities Meeting Date: April 2, 2025 Report #: 2501-3996 TITLE Approval of the Minutes of the Utilities Advisory Commission Meeting Held on March 5, 2025 RECOMMENDATION Staff recommends that the UAC consider the following motion: Commissioner ______ moved to approve the draft minutes of the March 5, 2025 meeting as submitted/amended. Commissioner ______ seconded the motion ATTACHMENTS Attachment A: 03-05-2025 UAC Minutes AUTHOR/TITLE: Kiely Nose, Interim Utilities Director Staff: Kaylee Burton, Utilities Administrative Assistant Item #1     Packet Pg. 6     Utilities Advisory Commission Minutes Approved on: Page 1 of 27 UTILITIES ADVISORY COMMISSION MEETING MINUTES OF MARCH 5, 2025 REGULAR MEETING CALL TO ORDER Present: Chair Scharff, Vice Chair Mauter, Commissioners Croft, Gupta, Metz, Phillips, and Tucher Absent: None Chair Scharff called the meeting of the Utilities Advisory Commission (UAC) to order at 6:01 p.m. The clerk called roll and declared seven were present. AGENDA REVIEW AND REVISIONS None ORAL COMMUNICATIONS There were no public comments. APPROVAL OF THE MINUTES ITEM 1: ACTION: Approval of the Minutes of the Utilities Advisory Commission Meeting Held on February 5, 2025 Chair Scharff invited comments on the February 5, 2025 UAC draft meeting Minutes. Commissioner Phillips referenced Packet Page 23, the paragraph that read “Commissioner Phillips asked what the output was,” and he requested that the following be added: “Staff asked if the outage scenarios presented would provide adequate insight to pre-inform future consideration of microgrids in Palo Alto. Commissioner Phillips commented it would be more useful in understanding of the type and duration and possibly number of outages that would make the microgrid economical.” Chair Scharff saw no objection and declared that the Minutes would be approved with that addition. Item #1     Packet Pg. 7     Utilities Advisory Commission Minutes Approved on: Page 2 of 27 ACTION: Commissioner Phillips moved to approve the draft minutes of the February 5, 2025 meeting as amended. Vice Chair Mauter seconded the motion. Motion Carried 7-0 UNFINISHED BUSINESS None UTILITIES DIRECTOR REPORT Kiely Nose, Assistant City Manager, delivered the Director's Report. Recent City Council Actions Related to Utilities: •February 3: Authorized the City Manager to execute an agreement with the U.S. Department of Transportation Pipeline and Hazardous Materials Safety Administration (PHMSA) for a $16.5 million grant to CPAU for gas capital improvement. Staff have executed this grant agreement on the City side, but it has not yet been executed by PHMSA due to federal administrative changes. PHMSA is revising terms and conditions and is expected to provide guidance for grant recipients in the coming weeks. It is currently unclear whether the City's grant will ultimately be funded. We are waiting to work with the Federal administration and will update the Commission as we know more. •February 10: Approved various contracts for the Commercial and Industrial Energy Efficiency Program, WaterSmart customer portal, verified emission reductions for calendar year 2025 through 2034, and on-call field inspection and construction management. •February 24: Council planned to review the 2025 workplan, priorities and objectives at the end of the month, but due to timing constraints, this item will be covered in March. Green v. City of Palo Alto Settlement Update: The Green v. City of Palo Alto settlement payments were originally scheduled to be paid out to class customers over a three-year period. The City is accelerating that process. The payment that customers will receive in their bills between March 10 and April 11 will be a combination of both the second and third installment. This will complete all settlement actions and administration before the end of the fiscal year. The City is notifying customers by postcard about the accelerated payments. Legislative and Regulatory Update: The 2025 legislative year deadline for bills to be introduced was February 21. Many introduced bills lacked substantive language. However to note, staff are tracking SB 540 (Becker) to create a regional electricity market, and AB 1207 (Irwin) and SB 840 (Limón) to reauthorize Cap and Trade. Item #1     Packet Pg. 8     Utilities Advisory Commission Minutes Approved on: Page 3 of 27 The State Fire Marshal released updated Fire Hazard Severity maps for the State of California in the month of February. For Palo Alto, consistent with past maps, the Foothills region of Palo Alto is mostly a mixture of high and very high fire hazard zones. With the updated maps, now a small region including some key account customers are considered in moderate fire hazard zones. The City has a specific timeline for providing the information to the public for review and comment, adopting the recommended maps by local ordinance, and submitting the ordinance and required documents to the Board of Forestry and Fire Protection. The City will also review and update its Wildfire Mitigation Plan accordingly. Grid Modernization: The cost of the grid modernization project was discussed at the February UAC meeting. The current budget for the project is $300 million with the recent resolutions for debt reimbursement approved by Council reflecting $350 million. The additional $50 million helps provide flexibility should costs rise. Staff estimate that about half of the project costs are for equipment replacement that would be necessary in the future regardless of electrification. The project duration is anticipated to be 6-7 years or longer. In addition to the grid modernization CIP, there are approximately $60 million in electric utility investments included in the FY 2025-FY 2029 CIP budget. These projects include investments in system improvements, substations, security enhancements, routine wooden pole replacement, and utilities undergrounding. Gas Main Replacement Project Update: The Gas Main Replacement Project #24B project is scheduled to be completed at the end of this month. This project involves installing around 3.5 miles of gas main and services from Highway 101 and University to Webster and University, including the surrounding streets. CPAU also replaced gas pipeline at the Town & Country Village and on Geng Road. The Contractor (Daleo Inc.) is currently working on Middlefield Road between Lytton and Hamilton Avenues to install the last section of pipe. Hydroelectric Update: After an exceptionally dry January, the Northern Sierras saw better than average conditions in February, while the Central Sierras saw roughly average conditions for the month. For the water year to date, precipitation and snowpack levels are about 20% above average levels in Northern California, while they are about 20% below average in Central California. However, reservoirs across the state remain slightly fuller than average for this time of year. And overall, the City’s hydroelectric resources are still projected to produce roughly their long-term average levels of output in fiscal years 2025 and 2026.  Federal actions threaten the operations and efficiency of the Western Area Power Administration (WAPA) and the Central Valley Project (CVP), largely through suspended federal grant money and staff reductions. This doesn’t directly impact Palo Alto's ability to provide power, but it could increase the costs of supplying electricity. Customer Programs Update: On February 13, the City launched a suite of new program services to make it easier for residents to electrify their homes. This includes rebates for heat pump Heating, Ventilation, and Air Conditioning (HVAC) projects and incentives for gas meter disconnections. A new “Rebate Hub” allows customers to apply for rebates and request quotes from contractors. Residents can now receive a free online home electrification assessment Item #1     Packet Pg. 9     Utilities Advisory Commission Minutes Approved on: Page 4 of 27 powered by QuitCarbon and free phone consultation with an electrification expert. More information can be found at www.cityofpaloalto.org/electrifymyhome. NEW BUSINESS ITEM 2: ACTION: Approval of the Fiscal Year 2026 Water Utility Financial Forecast including reserve Transfers, and Amending Rate Schedules W-1 (General Residential Water Service), W-2 (Water Service From Fire Hydrants), W-3 (Fire Service Connections), W-4 (Residential Master-Metered and General Non-Residential Water Service), and W-7 (Non-Residential Irrigation Water Service) 6:45PM – 7:30PM Item #1     Packet Pg. 10     Utilities Advisory Commission Minutes Approved on: Page 5 of 27 accelerated within the collection system to extend the life of the asset and to do spot repairs. The same type of technology could not be used on the water and gas side. Item #1     Packet Pg. 11     Utilities Advisory Commission Minutes Approved on: Page 6 of 27 customers, which was listed as a potential Work Plan item, but alternatively it could be agendized for the Commission to work out. The other cost savings to consider was a State and City mandate to purchase EVs, which he explained, and the UAC could explore seeking carb waivers and perhaps a policy adjustment at the Council level. Item #1     Packet Pg. 12     Utilities Advisory Commission Minutes Approved on: Page 7 of 27 Commissioner Tucher addressed CapEx and asked how painful it would be to defer roughly $7M out of the current plan. He discussed the 2.1 percent increase in wholesale rates from SFPUC and asked if in December they were signaling that it would be zero. Item #1     Packet Pg. 13     Utilities Advisory Commission Minutes Approved on: Page 8 of 27 Mr. Zucca stated that they were working through the details of the next phase, which would be to send out mailers notifying folks to get the testing. The third phase would be the City taking on the entire scope of the testing for those who had not gotten the testing. Daily Post had a headline “Rate Hike for Leaking Pipes.” The complaint in the article was that rates were higher because of water leaks. He noted that part of what was being deferred was leaking pipes to keep rates low, which he found tricky to resolve. He questioned how much rates were impacted by leaky pipes. Item #1     Packet Pg. 14     Utilities Advisory Commission Minutes Approved on: Page 9 of 27 represented how much would be recovered for CIP if rates were not increased versus making the rate change and specifically deferring capital, which would lower the amount of costs associated with CIP by 5.4 percent. Item #1     Packet Pg. 15     Utilities Advisory Commission Minutes Approved on: Page 10 of 27 Ms. Nose answered that if bar-napkin math was used that would be correct. As different levers were moved, it would change reserve levels and many calculations. Item #1     Packet Pg. 16     Utilities Advisory Commission Minutes Approved on: Page 11 of 27 Ms. Bilir did not see a $4M reduction. The chart showed the year-end reserve balances and the dark blue bar represented the Rate Stabilization Reserve going from $4M at the end of FY2024, to $1M at the end of 2025, and then to zero at the end of 2026. Commissioner Gupta noted that there was mention in the Staff Report that the Finance Committee had discussed whether they were the appropriate reserve levels or whether they might be reduced, and he asked if staff was investigating that. Ms. Nose responded that it was an area that staff was aware of for further study. In terms of the review between December and now, staff had checked to make sure they were in compliance with the rate policies. Unfortunately, she suspected that a formal study might show the reserves to be insufficient. It was under review. Staff agreed that a broader study should be done, but she did not think it would come back in a cost-reduction manner. Commissioner Phillips requested that it be agendized for discussion. It was interesting that the debt covenants from 2009 and 2011 were on the individual reserve but also the sum of the reserves for water, gas, and electric. He wondered why they were not jointly managed. He stated that it made no sense to have individual optimized numbers. Mr. Kurotori noted that each utility had to be accounted for separately and the loans the City had taken had to be repaid between the funds, so there must be a separate accounting structure. Ms. Nose thought it would be a great item for the Work Plan discussion for the upcoming year. She felt that there was mixing of apples and oranges. Some things were associated with debt covenants and some with operating reserves, and each was governed by different regulations. Commissioner Gupta echoed Chair Scharff’s concerns related to deferring CapEx and that in the future larger reserves may need to be maintained. He thought the 10 percent rate increase was reasonable. He asked his colleagues were they stood on the proposed alternative and which option they would propose. Chair Scharff stated that staff explained why they were opposed to the alternative option. Public Comment There were no requests to speak. Vice Chair Mauter moved that staff’s recommendation for a 10 percent rate increase be accepted and that the UAC encourage Council to consider the savings opportunities and that any savings opportunities be applied toward a reduction in the use of the reserve expenditure. She wanted the cost savings identified in the proposal to be applied to a reduced spend on the reserve. Item #1     Packet Pg. 17     Utilities Advisory Commission Minutes Approved on: Page 12 of 27 Commissioner Croft did not support subsidizing credit cards. She did not know if the UAC could determine where it should be spent. She stated that the Wastewater Reserve was in great need. Chair Scharff voiced that electricity credit card fees had to go to electricity and wastewater credit card fees to wastewater. Commissioner Phillips seconded the motion. Chair Scharff suggested that the motion spell out the cost savings the subcommittee came up with. Vice Chair Mauter accepted that. Motion Carried 7-0 ACTION: The Utilities Advisory Commission Recommend the City Council 1. Approve the Fiscal Year 2026 Water Utility Financial Forecast shown in this staff report and attachments and approving a reserve transfer of up to $3,000,000 from the Rate Stabilization Reserve to the Operations Reserve in FY 2025; and 2. Amend the following Rate Schedules (Attachment B) effective July 1, 2025 (FY 2026): a. W-1 (General Residential Water service) b. W-2 (Water Service from Fire Hydrants) c. W-3 (Fire Service Connections) d. W-4 (Residential Master-Metered and General Non-Residential Water Service) e. W-7 (Non-Residential Irrigation Water Service) 3. Recommend the Finance Committee and City Council consider the potential cost saving activities (credit card separate charge, electric vehicle replacement policies) as discussed by the UAC Subcommittee to control rate increases and to the extent these mitigate costs, reallocate savings to restore reserves while maintaining the recommended rate increase in 1 and 2 above. ITEM 3: ACTION: Approval of the Fiscal Year 2026 Wastewater Collection Utility Financial Forecast, and Amending Rate Schedules S-1 (Residential Wastewater Collection and Disposal), S-2 (Commercial Wastewater Collection and Disposal), S-6 (Restaurant Wastewater Collection and Disposal) and S-7 (Commercial Wastewater Collection and Disposal – Industrial Discharger), and Repealing Rate Schedules S-3 (Industrial Waste Laboratory and Analysis Charges) and S-4 (Hauled Liquid Waste Charges) 7:30PM – 8:00PM Lisa Bilir, Senior Resource Planner, provided slides and stated that the Wastewater Collection Utility provided a critically important service to Palo Alto. Palo Alto and neighboring cities sent wastewater to the RWQCP, and some of the facilities at the plant needed to be rebuilt, so some Item #1     Packet Pg. 18     Utilities Advisory Commission Minutes Approved on: Page 13 of 27 of the costs were to fund that. She outlined the proposal for the Waste Water Collection Utility. There was also an alternative proposal, which she discussed. She spoke of the drivers for the rate increase. The reserves in the Wastewater Collection Utility were depleted, which needed to be restored to within the guideline range. Compared with the preliminary rates that were presented in December, there were a couple changes that increased the level from 18 percent to 20 percent, which she discussed. She shared a slide representing the bill comparison for residential customer, which they had taken from Silicon Valley Clean Water and the Financial Plan, and a slide showing the drivers for the rate increase, which she detailed. She also spoke of the alternative proposal. She supplied charts showing cost and revenue projections and Operations Reserve projections. Staff recommended that the UAC recommend that Council adopt a resolution approving the financial forecast. They were recommending to repeal two rate schedules (S3 and S4), which she stated was a clean-up item. Item #1     Packet Pg. 19     Utilities Advisory Commission Minutes Approved on: Page 14 of 27 Ms. Bilir responded that they could put that comparison together. Item #1     Packet Pg. 20     Utilities Advisory Commission Minutes Approved on: Page 15 of 27 Kiely Nose, Assistant City Manager, stated that the proposals were taken seriously. They were large increases and different from the December rates, and staff needed to proactively work on communicating with the public the reasons for the increases. ACTION: The Utilities Advisory Commission Recommend the City Council S-1 (Residential Wastewater Collection and Disposal), S-2 (Commercial Wastewater Collection and Disposal), S-6 (Restaurant Wastewater Collection and Disposal) and Item #1     Packet Pg. 21     Utilities Advisory Commission Minutes Approved on: Page 16 of 27 d.S-7 (Commercial Wastewater Collection and Disposal – Industrial Discharger), and e. Repealing Rate Schedules S-3 (Industrial Waste Laboratory and Analysis Charges) and S-4 (Hauled Liquid Waste Charges) 3. Recommend the Finance Committee and City Council consider the potential cost saving activities (credit card separate charge, electric vehicle replacement policies) as discussed by the UAC Subcommittee to control rate increases and to the extent these mitigate costs, reallocate savings to restore reserves while maintaining the recommended rate increase in 1 and 2 above. ITEM 4: ACTION: Consideration of the Utilities Advisory Subcommittee’s One Water Advocacy Letter and a Commissioner’s Proposed Bay Area Water Supply & Conservation Agency (BAWSCA) Advocacy Letter and Potential Recommendation to City Council 8:00PM – 8:30PM Chair Scharff moved to Item 4, and asked if this pertained to a letter the subcommittee drafted. He asked who was on the subcommittee. Commissioner Gupta stated that was an accurate statement for the One Water Advocacy Letter. The subcommittee included Vice Chair Mauter, Commissioner Phillips, and himself. Chair Scharff asked Commissioner Tucher if thoughts from this should be integrated into this letter or if it should be thought of separately. Commissioner Tucher replied that his letter was very different and had a different audience. His letter related to recommending to Council that they, through BAWSCA, request more dialogue, information, and answers from SFPUC. Chair Scharff declared that the One Water letter would be addressed by the subcommittee first and then Commissioner Tucher’s item would be discussed. [The Commission took a break at 7:55 p.m. and resumed at 8:09 p.m.] Public Comment Peter Drekmeier, Policy Director for the Tuolumne River Trust, appreciated the transparency of Items 2 and 3. He shared slides. He spoke about the drought from 2020 to 2022. He noted that 2023 had been an incredibly wet year. He appreciated rationing, but he spoke of it not benefitting the environment and hurting fiances. He discussed demand projections and water and wastewater sales recovery by FY2026-2027. He explained that it was vital that Palo Alto get information from the SFPUC. Commissioner Tucher asked what information he was referring to. Item #1     Packet Pg. 22     Utilities Advisory Commission Minutes Approved on: Page 17 of 27 Mr. Drekmeier discussed the One Water letter containing a sentence referencing the return period for the design drought, the likelihood of occurrence, and he encouraged that the numbers in the letter be changed, which he outlined. He recommended modeling for water sales and demand being lower than projected. He suggested getting information from the SFPUC concerning the what ifs, which he explained. Item #1     Packet Pg. 23     Utilities Advisory Commission Minutes Approved on: Page 18 of 27 planning or investments decisions at this time. She did not want to discard it. She thought it could be a resource moving forward. She referenced Page 204, the design drought, and stated that the City was relying on Peter Drekmeier and Dave Warner’s analysis related to the probability of a design drought because they had not received an assessment from SFPUC, which she believed could be addressed in the letter from Commissioner Tucher. She addressed the sentence that read “found that no drought in 25,000 years of stochastic modeling that approached the severity the design drought scenario,” and she thought the historical model should also be mentioned, which she suggested read “the SFPUC found no drought in 25,000 years of stochastic modeling or 1,100 years of historic and paleo-modeling that approach the severity of the design drought.” She remarked that they had discussed the “several hundred thousand years fourth probability analysis suggested design drought scenario has an exceptionally rare return period, potentially one in several hundred thousand years.” She recommended that be modified to potentially 1 in 8,000 years or that there be a range. Item #1     Packet Pg. 24     Utilities Advisory Commission Minutes Approved on: Page 19 of 27 Karla Dailey, Assistant Director of Utilities Resource Management Division, answered that they did coordinate and collaborate with fellow cities and that they worked regionally. She discussed why One Water had been done, which included providing a framework for projects. Other cities were looking at One Water planning, but not everyone had the same definition of One Water, and everybody’s territory was slightly different. There may be opportunities in the future to take what each city had learned to inform decisions being made as regional partners. She did not know about recouping money. Item #1     Packet Pg. 25     Utilities Advisory Commission Minutes Approved on: Page 20 of 27 also considering preserving the authority of the UAC. He thought some of the concerns were included in the One Water letter. He did not think sending the letter would accomplish the SFPUC doing the things that are requested in the letter. He understood that Council Member Stone had the letter. He felt that sending two letters would take away from the One Water letter, and he was not sure what would be gained by sending it to Council. He did not support it. Item #1     Packet Pg. 26     Utilities Advisory Commission Minutes Approved on: Page 21 of 27 Commissioner Croft felt that this letter requesting answers to questions could go with the One Water letter in the same packet to Council. Vice Chair Mauter explained why it was not possible to put the letter in the One Letter Plan letter. The One Water letter was written to respond to the conditions given by SFPUC, and the second letter questioned the validity of those conditions. She was not sure that the One Water Plan letter was the correct place to make these distinct requests. She considered it to be more of a future-looking effort. She would support asking Council to help the UAC get answers to the questions and to move away from language asking them to pursue one particular route over another in order to seek the answers. Commissioner Tucher asked what the one route was. He suggested sending the letter. Vice Chair Mauter thought Chair Scharff was suggesting that potentially Council Member Stone raising the questions independently could be more politically effective in eliciting the needed answers. Commissioner Tucher wanted Council to decide what should be done. Vice Chair Mauter felt that a unanimously supported letter would be a stronger letter to Council. Seeking compromise seemed to be an important path to pursue. Commissioner Phillips felt that the reasonable compromise would be Chair Scharff’s suggestion for an alternative letter. He asked how the letter could be drafted. Chair Scharff thought the letter could be drafted at this meeting. He suggested that staff draft it and that the questions be succinctly listed for Council. Commissioner Gupta stated the letter raised very important points that needed to be addressed by BAWSCA and SFPUC. He liked the approach recommended by Chair Scharff and Commissioner Phillips. He was concerned that Council may choose to not forward the letter if it was presented to them, which would be a lost chance to get the questions answered. Chair Scharff asked staff if they were drafting the letter. Ms. Nose replied that she had started to recorder type the initial thoughts the Commission had identified. She felt that the tapes could be viewed to frame that out. She thought staff was missing the specific questions and that the UAC’s dialogue on that would be helpful. Commissioner Tucher stated that the questions were in the public. He recommended that the UAC follow through with Chair Scharff and Commissioner Thomas’ suggestions. He wanted the questions to be listed and presented with the letter he drafted for Council to use if they desired. The questions included asking the reasoning for using higher enterprise forecast, which Item #1     Packet Pg. 27     Utilities Advisory Commission Minutes Approved on: Page 22 of 27 he did not want to lead with. He wanted to ask the SFPUC rerun the analysis based on lower demand projections. Item #1     Packet Pg. 28     Utilities Advisory Commission Minutes Approved on: Page 23 of 27 demand projections using the Finance Bureau numbers and the current numbers and growing at X rate. 2) SFPUC to publish the likelihood of the design drought occurring, the return period for the design drought, and to model the likelihood of using a less severe drought using 7½ years. 3) Looking back at the three droughts modeled in the LTVA, what the storage levels would be if the Bay Delta Plan was in place. Item #1     Packet Pg. 29     Utilities Advisory Commission Minutes Approved on: Page 24 of 27 Commissioner Phillips Seconded the motion. Peter Drekmeier stated that BAWSCA gave demand projections to the SFPUC, which he discussed being a problem. He noted that care needed to be taken when addressing demand projections. He added that giving SFPUC an end-of-year date would result in them waiting that long. He voiced that it needed to be very specific without any opportunities to fudge. He liked the direction it was going. Vice Chair Mauter stated that BAWSCA was doing new demand projection models that hopefully would be less inflated. Mr. Drekmeier commented that they would be less inflated and there would be a sensitivity. He suggested using their 2022 demand study high and low scenarios. Chair Scharff declared that the Commission accepted that. Mr. Drekmeier added that they had done a lot of investigative work to understand what was happening, so they created a water supply calculator. He could crunch the numbers, but unless they came from the SFPUC, they would be questioned. He explained that the SFPUC had created a water supply worksheet and that different scenarios could be produced quickly. He noted that having the low-end and high-end numbers would provide information to have a discussion. He suggested editing Number 4 to read “at current demand” and to remove “historic.” He voiced that Number 3 was open ended and that it would be interesting to see their response. He thought the UAC wanted to know how shortening the design drought using reasonable, realistic demand projections would impact the water supply deficit that would need to be made up for with expensive, alternative water supplies. Vice Chair Mauter confirmed that UAC wanted to know how shortening the design drought using reasonable, realistic demand projections would impact the water supply deficit that would need to be made up for with expensive, alternative water supplies. Mr. Drekmeier thanked the UAC for the time they had put into this. Motion Carried 7-0 ACTION: Motion Approved ITEM 5: ACTION: Review and Recommend Utilities Advisory Commission FY 2025 – 2026 Work Plan for City Council Approval 8:30PM – 9:00PM (Moved to April Agenda) Chair Scharff asked if Item 5 could be rescheduled. Item #1     Packet Pg. 30     Utilities Advisory Commission Minutes Approved on: Page 25 of 27 Kiely Nose, Assistant City Manager, would reschedule the item for April and address the tentative accordingly. ACTION: Moved to April FUTURE TOPICS FOR UPCOMING MEETINGS ON (DATE) AND REVIEW OF THE 12 MONTH ROLLING CALENDAR Item #1     Packet Pg. 31     Utilities Advisory Commission Minutes Approved on: Page 26 of 27 and agendize these topics. They had considered drafting a Commissioner’s Memo on the topic and getting it on the agenda, although they would be happy to go about it in a different way. COMMISSIONER COMMENTS and REPORTS from MEETINGS/EVENTS Item #1     Packet Pg. 32     Utilities Advisory Commission Minutes Approved on: Page 27 of 27 mod and technologies that should be considered. He hoped the Professor and Jonathan Abendschein could meet to discuss grid mod, which maybe could be the seed of broader and more regular collaborations with Stanford. th. He thought they would pay registration. ADJOURNMENT Item #1     Packet Pg. 33     Item No. 2. Page 1 of 1 Utilities Advisory Commission Staff Report From: Kiely Nose, Interim Director of Utilities Lead Department: Utilities Meeting Date: April 2, 2025 Report #: 2503-4248 TITLE Approval of Chair and Vice Chair to Serve a Short Term of April 2, 2025 through April 1, 2026 RECOMMENDATION Recommended Motion Commissioner ____ moved to approve Commissioner ____ as Chair. Motion seconded by Commissioner ___. Commissioner ___ moved to approve Commissioner ___ as Vice Chair. Motion seconded by Commissioner ___. BACKGROUND Annually the Chair and Vice Chair are selected at the beginning of the new recruitment term for a period of one year, from the first meeting in April through April of the following year. This item is included in the agenda for the purpose of Commissioners selecting a Chair and Vice Chair for a short term, spanning from April 2, 2025 through April 1, 2026. AUTHOR/TITLE: Kiely Nose, Interim Director of Utilities Staff: Kaylee Burton, Utilities Administrative Assistant Item #2     Packet Pg. 34     1 3 9 9 9 3 9 9 9 Utilities Advisory Commission Staff Report From: Kiely Nose, Interim Director of Utilities Lead Department: Utilities Meeting Date: April 2, 2025 Report #: 2411-3751 TITLE Staff Recommend the Utilities Advisory Commission Recommend that the City Council Adopt a Resolution Approving the FY 2026 Gas Utility Financial Forecast and Reserve Transfers, the Natural Gas Cost of Service and Rate Study, and General Fund Transfer; and Amending Rate Schedules G-1 (Residential Gas Service), G-2 (Residential Master-Metered and Commercial Gas Service), G-3 (Large Commercial Gas Service), and G-10 (Compressed Natural Gas Service) RECOMMENDATION Staff recommends the Utilities Advisory Commission recommend that the City Council adopt a resolution (Attachment A): 1. Approving the Fiscal Year 2026 Gas Utility Financial Forecast shown in this staff report and attachments; and 2. Approving the transfer of up to $1.5 million from the Gas Utility Operations Reserve to the Distribution Rate Stabilization Reserve at the end of FY 2025; and 3. Approving the Natural Gas Cost of Service and Rate Study (Attachment F); and 4. Transferring up to 18% of gas utility gross revenues received during FY 2024 to the General Fund in FY 2026; and 5. Amending Rate Schedules (Attachment B) effective July 1, 2025 (FY2026): a. G-1 (Residential Gas Service) b. G-2 (Residential Master-Metered and Commercial Gas Service) c. G-3 (Large Commercial Gas Service) d. G-10 (Compressed Natural Gas Service) EXECUTIVE SUMMARY The City of Palo Alto Utilities (CPAU) provides electricity, water, wastewater, natural gas, and fiber optic services to the Palo Alto community. The Public Works Department also provides refuse collection and processing for recycling, compost and garbage, wastewater treatment and stormwater management. The City’s primary goals are to manage these services in a way that ensures continued safe, reliable, environmentally sustainable, and cost-effective operations. The City is proposing rate increases this year for electric, natural gas, wastewater and water services. The stormwater management fee increase will occur per the Consumer Price Index (CPI) as approved by residents in a 2017 ballot measure. The City strives to be transparent with Item #3     Packet Pg. 35     2 3 9 9 9 3 9 9 9 utilities customers about the reason for rate changes, including explaining the cost drivers, benefits to customers, what the City is doing to keep costs low for ratepayers, and the services and programs provided by the City to help customers keep utility bill costs low. Attachment E outlines CPAU’s plan for communicating rate changes to customers. Staff are presenting an overview of the financial forecast and rate change proposal for each utility service to the Utilities Advisory Commission (UAC) and Finance Committee prior to City Council review and approval in June 2025. Table 1: Current Year (FY2025) and Projected Overall Rate Trajectory from FY 2026 to FY 2030 BACKGROUND ANALYSIS Past Trends Item #3     Packet Pg. 36     3 3 9 9 9 3 9 9 9 driven by higher operating and administrative charges. Total FY 2024 actual expenses were $63 million, compared to the $67 million projected in the FY 2025 Financial Plan. Table 2 summarizes the variances from forecast. Table 2: FY 2024 Actuals vs. Prior Year’s Forecast ($000) Net Cost/ (Benefit) Variance Type of Change Sales revenues lower than forecast, Low Residential Tier 2 Consumption 5,479 Revenue Decrease Lower connection fees revenues 358 Revenue Decrease Supply purchases lower than forecast (4,623)Cost Decrease Higher distribution costs (without CIP)906 Cost Increase CIP costs higher than forecasted 1,739 Cost Increase Net Cost / (Benefit) of Variances 3,859 Net Cost Increase Projections Overview In the current year (FY 2025), sales revenues are projected to be about $6.3 million, or 9% lower compared to last year’s forecast, primarily due to lower projected gas consumption. On the expense side, supply purchases are expected to be about $3.9 million, or 15% lower compared with last year’s forecast, driven by lower than expected consumption and lower market-based commodity and carbon offset costs. However, operations costs are projected to rise by about $2 million, or 6%, in FY 2025, mainly due to higher allocated charges and salaries and benefits expenses. Additionally, CIP costs are expected to decrease by about $5 million, or 57%, in FY 2025, reflecting a deferral of a rate-funded Gas Main Replacement project construction (from FY 2025 to FY 2027 and FY 2029), to be replaced by a federally grant-funded project.1 Looking ahead to the five-year forecast period from FY 2026 to FY 2030, supply-related costs are expected to increase at an average annual rate of 6%, with commodity prices projected to grow by 3% annually. Furthermore, distribution expenses are forecasted to rise by an average of 7% annually. Figure 1 shows the actual overall system average rate percentage change from FY 2018 through FY 2025 (grey) and the projected overall system average rate change for FY 2026 through FY 2030 (red), excluding supply-related rate changes. The rate increases shown in Figure 6 include the needed increase for the distribution rate as a percentage of the base Gas Utility sales revenue. 1 Staff Report 2411-3777, February 3, 2025; https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=83226 Council unanimously voted to authorize the City Manager or their Designee to Execute an Assistance Agreement with the United States Department of Transportation Pipeline and Hazardous Materials Safety Administration (PHMSA) in the amount of $16,519,879 through January 31, 2030. Item #3     Packet Pg. 37     4 3 9 9 9 3 9 9 9 Figure 1: Gas Utility Expenses, Revenues, Rate Changes Excluding Supply-Related Changes Actual Costs through FY 2024 and Projections through FY 2030 *FY25 Commitments and Reappropriations reserves balances for Operations and Capital Investment are anticipated to be utilized in FY 2026 and FY 2027. Note: Revenues and Expenses exclude Cap-and-Trade auction sales revenue, which goes directly to the Cap-and- Trade reserve. Gas usage in Palo Alto declined from FY 2020 to FY 2022, mainly due to the impacts of the COVID- 19 pandemic. However, FY 2023 saw an increase in gas usage, likely driven by a modest recovery from COVID-19 effects and colder than average winter temperatures. However, similar to previous declines in gas usage due to economic factors, it is unlikely that consumption will return to pre-conservation or pre-pandemic levels. Instead, a long-term decline in gas usage is expected. Further changes, such as the voluntary replacement of gas appliances with electric appliances and building electrification are also expected to lower long run usage. Staff will conduct strategic planning and financial analysis separately from this financial forecast to develop a financial and infrastructure strategy for the Gas Utility as the community electrifies. Any insights from that analyses will be integrated into future financial forecasts. Staff worked with a consultant to assist in the development of an updated gas load forecast, which included statistically adjusted end-use (SAE) modeling, weather-normalized modeling, economic factors, and an electrification assumption. The result, shown in Figure 2, projects gas supply load for FY 2026 at 26,172,070 therms, about 5% lower than prior year’s forecast. Projections for subsequent years have also been adjusted downward by about 5% compared with last year’s forecast. This reduction reflects decreased consumption in FY 2024, which has slightly shifted the long-term trend. Over time, declining gas consumption is expected to increase Item #3     Packet Pg. 38     5 3 9 9 9 3 9 9 9 pressure on rates, as rising and fixed costs for gas operations and distribution will need to be allocated across fewer units sold. Figure 1: Gas Supply Load Forecast Revenues . Except where stated otherwise, these load forecasts are based on normal weather. Weather can vary substantially, however, and this can affect revenues substantially. Changes in customer behavior, improvements to gas appliances efficiency, and electrification all impact gas usage. Staff regularly monitor emerging trends and make updates to forecasts as needed. Expenses 5 10 15 20 25 30 35 20 1 0 20 1 1 20 1 2 20 1 3 20 1 4 20 1 5 20 1 6 20 1 7 20 1 8 20 1 9 20 2 0 20 2 1 20 2 2 20 2 3 20 2 4 20 2 5 20 2 6 20 2 7 20 2 8 20 2 9 20 3 0 20 3 1 20 3 2 20 3 3 20 3 4 20 3 5 20 3 6 20 3 7 20 3 8 20 3 9 20 4 0 Mi l l i o n T h e r m s Fiscal Year FY25 Load Forecast FY26 Load Forecast Actual Item #3     Packet Pg. 39     6 3 9 9 9 3 9 9 9 Table 3: Gas Utility Costs for FY 2024 to FY 2030 ($000) Actual ProjectedExpensesFY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 Supply Costs 22,772 22,395 26,091 27,560 28,607 29,578 30,608 Commodity 11,789 10,087 12,487 12,838 12,640 12,153 11,803 Transportation 4,418 6,836 7,370 7,638 8,106 8,593 9,092 Carbon Offset 2,705 1,616 1,855 2,151 2,343 2,701 2,950 Cap-and-Trade 3,860 3,857 4,380 4,933 5,518 6,131 6,763 Distribution Costs 40,097 38,525 52,467 60,243 50,125 59,270 54,776 Operations 32,873 34,843 36,692 38,123 39,554 41,562 43,597 Capital 7,225 3,682 15,775 22,120 10,571 17,707 11,179 TOTAL 62,869 60,921 78,559 87,803 78,731 88,848 85,384 Supply Costs Supply costs consist of the commodity cost of natural gas, gas transmission charges, and environmental compliance costs. These costs are passed directly to customers and are shown as line items on their utility bills. Overall, supply expenses are projected to increase by an average of about 6% per year from FY 2025 through FY 2030. Gas commodity costs, which are the most variable component, account for the largest share of overall costs. Although market forecasts currently indicate that gas prices will remain relatively steady over the next several years, those forecasts are highly uncertain. The financial forecast assumes that gas prices increase by an average of about 3% annually during the forecast period. Transportation and environmental compliance costs are also expected to rise gradually over the forecast period. PG&E's local transportation rates, which have experienced steady increases in recent years, are expected to rise by an average of 6% per year throughout the forecast period2. Because the Gas Utility is regulated under California’s greenhouse gas (GHG) regulations, the Gas Utility incurs Cap-and-Trade compliance costs. The regulation requires Palo Alto to purchase allowances based on actual gas load. Staff estimates that Cap-and-Trade allowance costs will increase on average by 12% annually over the forecast period.3 The Gas Utility also generates revenue from the sale of free allocated allowances. In FY 2024 and in accordance with Council-approved Cap-and-Trade revenue uses (Council Resolution 100774) 2 The transportation rates for calendar years 2023-2026 reflect the rates in the December 15, 2021 prepared testimony (A.21-09-018) regarding PG&E’s 2023 Gas Transmission & Storage (GT&S) Cost Allocation and Rate Design (CARD), afterward a 3% escalation rate is applied. 3 Based on allowance broker quotes. 4 Council Resolution 10077 https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=61567 Item #3     Packet Pg. 40     7 3 9 9 9 3 9 9 9 and Council’s goal of reducing GHGs 80% by 2030, Palo Alto began allocating Cap-and-Trade reserves to support programs such as the Full-Service Heat Pump Water Heater Program. The City also has a Carbon Neutral Natural Gas plan (Staff Report 74415), which involves purchasing carbon offsets equivalent to the emissions generated by the community's natural gas use. These high-quality offsets fund projects that reduce GHG emissions, such as forest conservation or methane capture from dairy farms. While purchasing carbon offsets is an important initial step in reducing carbon emissions, the long-term goal is to decrease the community's natural gas usage by maximizing efficiency and transitioning to high-efficiency electric appliances where feasible. Carbon offset costs are projected to rise by 13% annually through the forecast period. In response to the dramatically high natural gas prices that occurred during winter 2022-23 and to mitigate the impact of short-term price spikes, staff implemented a gas hedging program effective beginning winter 2023-24. The program currently calls for the inclusion of a gas price mitigation adder in the gas commodity charge to customers while maintaining the practice of purchasing gas at market prices. Funds collected from the gas price mitigation adder will accrue in the Gas Distribution Rate Stabilization Reserve and be used to offset the impact of a potential gas market price spike above the maximum gas commodity charge to customers. Operations Operations costs are projected to increase by about 4% annually on average from FY 2025 to FY 2030, primarily due to higher allocated charges and salary and benefit expenses. The operations costs in this forecast include $0.7 million for the cross-bore program in FY 2026. The safety program ensures that gas pipelines have not crossed through sewer laterals, which is rare but possible during trenchless installation. This "cross-bore" configuration poses a risk of gas leaks as due to accidental cut by a plumber using a cutting tool to clear a sewer line. While a majority of sewer laterals have been inspected, staff has come across several services which are unable to be scoped, due to either infiltration by roots or broken/collapsed pipe segments. Figure 3 shows the actual operations costs through FY 2024 and projected operations costs for the Gas Utility from FY 2025 through FY 2030. 5 Staff Report 7441; https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=80132 Item #3     Packet Pg. 41     8 3 9 9 9 3 9 9 9 Figure 3: Actual and Projected Operations Costs Capital Improvement Program Staff anticipates annual capital expenditures will vary during the forecast period due to plans for larger main replacement projects every other year, instead of smaller projects every year. This main replacement schedule allows the Gas Utility to meet its main replacement needs while addressing challenges in the current construction market and optimizing current staffing resources. Overall CIP costs are expected to increase by around 6% on average annually from FY 2025 through FY 2030. On May 9, 2024, the Gas Utility received a recommendation letter from the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) for the FY 2023 Natural Gas Distribution Infrastructure Safety and Modernization (NGDISM) Grant. Staff expects this grant to provide approximately $16.5 million for capital-related work for replacement of 4.8 miles of leak-prone steel pipe and purchase of leak survey equipment, that is additional to the utility’s already-planned capital work over the next five-year period. This grant will replace and provide the full funding for GMR 25 and this replacement will take place in FY 2026 and FY 2027. About $3.7 million that was already reappropriated for this project from FY 2024 will return to the Operations Reserve. The original GMR 25 budget of $9.8 million, initially scheduled for FY 2025, has been reallocated and split between GMR 26 and GMR 27, with construction now planned for FY 2027 and FY 2029, respectively. CPAU will continue to look for other grant opportunities to help fund the replacement of PVC and steel distribution mains in the gas system. Item #3     Packet Pg. 42     9 3 9 9 9 3 9 9 9 This financial forecast also includes transfers of about $1 million and $4 million each year in FY 2027 to FY 2030 from the Operations Reserve to gradually increase the currently depleted CIP Reserve to within the guideline range by end of FY 2028. Table 4: Budgeted Gas CIP Spending ($000) Table 5: Debt Service Coverage Ratio ($000) FY 2025 FY 2026 Reserves Item #3     Packet Pg. 43     10 3 9 9 9 3 9 9 9 and FY 2025, with a plan to return to within the guideline range by the end of FY 2026. The Operations Reserve is now expected to be above minimum at the end of FY 2025. However, due to the CIP Reserve contributions starting in FY 2027, the Operations Reserve is expected to remain close to the minimum guideline levels: it is expected to be at target levels by FY 2030. Figure 4 shows the actual year-end balance in the Operations Reserve from FY 2018 to FY 2024 and projected from FY 2025 through FY 2030. Figure 4: Operations Reserve Projection Table 6: Gas Risk Assessment ($000) FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 Total Risk Assessment value 5,364 7,178 8,393 7,838 9,205 9,257 Reserve Maximum Reserve Target Reserve Minimum Risk Assessment 0 5 10 15 20 25 30 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Actuals Projection $ M i l l i o n s Fiscal Year Reserve (Year-End) Item #3     Packet Pg. 44     11 3 9 9 9 3 9 9 9 Reserve Transfers Staff estimates that the gas price mitigation adder in the gas commodity charge will collect about $1.126 million in FY 2025 for the gas hedging program. Although these funds are initially collected in the Operations Reserve, they should be transferred to the Gas Distribution Rate Stabilization Reserve to be available to mitigate the impact of potential gas market price spikes exceeding the maximum gas commodity charge to customers. To support this objective, staff proposes transferring up to $1.5 million from the Gas Utility Operations Reserve to the Gas Distribution Rate Stabilization Reserve at the end of FY 2025. The exact transfer amount will be determined at year end based on calculations aligned with the gas hedging program. Figure 5 shows the CIP Reserve balances from FY 2018 through FY 2030. The CIP Reserve is currently depleted; however, planned transfers in FY 2027 through FY 2030 will replenish the CIP Reserve to within guideline range. With these transfers, the CIP Reserve would reach the minimum guideline level by FY 2028. Per the Reserves Management Practices (Attachment D), Section 6, any rate plan that does not return CIP reserves above minimum levels within one year requires Council approval. Figure 6 shows year-end reserve balance levels for each reserve from FY 2018 through FY 2030. Table 7 shows reserve starting and ending balances, revenues, transfers expenses, capital program contribution and operations reserve guideline levels from FY 2025 to FY 2030. Reserve Minimum Reserve Maximum $0 $2 $4 $6 $8 $10 $12 $14 $16 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Actuals Projection $ M i l l i o n Fiscal Year CIP Reserve (Year-End) Item #3     Packet Pg. 45     12 3 9 9 9 3 9 9 9 Figure 6: Gas Utility Reserves; Actual Reserve Levels for FY 2018 through FY 2024 and Projections FY 2025 through FY 2030 $0 $5 $10 $15 $20 $25 $30 $35 2018 2019 2020 2021 2022 2024 2025 2026 2027 2028 2029 2030 Actuals Projection $ M i l l i o n s Fiscal Year Rate Stabilization Commitments & Reappropriations CIP Reserve Operations Reserve Item #3     Packet Pg. 46     13 3 9 9 9 3 9 9 9 Table 7: Operations, CIP, Cap-and-Trade, and Debt Service Reserve Starting and Ending Balances, Revenues, Transfers To/(From) Reserves, Capital Program Contribution To/(From) Reserves, and Reserve Guideline Levels for FY 2025 to FY 2030 ($000) *Operations Reserve represents the Gas Supply Fund Rate Stabilization Reserve and the Gas Distribution Fund Operations Reserve combined. The Gas Utility’s rates are evaluated and implemented in compliance with cost-of-service requirements set forth in the California Constitution and applicable statutory law. Staff engaged the services of EES Consulting (EES) to review and revise the Gas Utility’s Cost of Service (COS) Item #3     Packet Pg. 47     14 3 9 9 9 3 9 9 9 for FY 2026.6 A copy of the FY 2026 COS study titled “City of Palo Alto Natural Gas Cost of Service and Rate Study,” (Natural Gas Cost of Service and Rate Study), February 2025 is included as Attachment F to this report. The study examines and allocates the Gas Utility’s costs to each rate class to develop proposed FY 2026 distribution rates and includes a recommendation to refine the G-2 rate schedule as explained below. This financial forecast is based on staff’s assessment of the financial position of the Gas Utility using the methodology from the Natural Gas Cost of Service and Rate Study described above. Refinement of G-2 (Residential Master-Metered and Commercial Gas Service) Rate Schedule Table 8: G-2 Service by Maximum Meter Capacity7 G-2 Service by Maximum Meter Capacity Range # of Services ≤ 220 scfh ≥ 4,000 scfh Distribution Revenue Requirement 6 Since FY 2021, the City has adjusted its distribution rates annually based on the COS study for FY 2020, which was also conducted by EES. 7 Meter capacities in this staff report are all at an assumed pressure of 7 inches of water column (equivalent to 0.25 pounds per square inch). Item #3     Packet Pg. 48     15 3 9 9 9 3 9 9 9 of Service and Rate Study allocates these asset and expense estimates using updated classification and allocation factors to ensure that the Gas Utility’s costs are properly assigned to each rate class. 8 – the amount to be recovered through distribution rates via G-1, G-2 and G-3 rate schedules. Current distribution rates (effective beginning July 1, 2024) at the same FY 2026 sales forecast would generate only $38.0 million in revenue and result in a $3.3 million revenue shortfall. Thus, an 8.7% overall increase in distribution rates is needed to generate sufficient revenue to cover FY 2026 distribution revenue requirement. 9 result in a revenue requirement distribution (among the rate schedules) that differs from the prior cost study. Thus, the percentage of revenue increase needed varies by rate schedule—ranging from 0% for G-2 to 15.6% for G-1. Tables 11 and 12 in the Proposed Rates section of this report present the current and proposed rates associated with the following COS revenue requirement estimates. Table 9: COS Revenue Requirement and Revenue Increase 8 This includes distribution costs, certain supply costs that are not paid for by pass-through supply charges (such as administrative charges allocated to gas supply), and additional amounts required to restore the gas utility’s operations reserve to within the guideline range in FY 2026. 9 For example: update in meter costs; adjustment to factor used to allocate General Fund Transfer to rate classes. See Natural Gas Cost of Service and Rate Study (Attachment F of this report) for more details. F T G G G D R $$$$ A $$$$ R (((( %8 1 0 1 Item #3     Packet Pg. 49     16 3 9 9 9 3 9 9 9 Table 10: COS Revenue Requirement and Revenue Increase, G-2 Table 11 shows the current and proposed monthly service charges, while Table 12 shows the volumetric charges related to distribution for all rate schedules. As previously noted, supply- related charges are pass-through charges that update periodically. The latest charges are shown in the City’s Rates website10. The proposed rates reflect the Natural Gas Cost of Service and Rate Study adjustments conducted this year, which recommends a refinement of the G-2 rate schedule by establishing three meter capacity groupings. 10 City’s Rates Website https://www.cityofpaloalto.org/files/assets/public/v/25/utilities/rates-schedules-for- utilities/residential-utility-rates/monthly-gas-volumetric-and-service-charges-residential-3.pdf F G S G ≤G < G ≥ s D R $$$$ A $$$$ R ($(( %0 -3 1 Item #3     Packet Pg. 50     17 3 9 9 9 3 9 9 9 Table 11: Current and Proposed Monthly Service Charges G-1 (Residential)$ 16.93 $ 19.52 $ 2.59 15.3% G-2 (Small Commercial) G-2 (≤ 220 scfh)156.90 29.06 (127.84)(81.5%) G-2 (> 220 and < 4,000 scfh)156.90 94.94 (61.96)(39.5%) G-2 (≥ 4,000 scfh)156.90 417.62 260.72 166.2% G-3 (Large Commercial)717.89 1,731.67 995.78 138.7% G-10 (CNG)106.11 115.34 9.23 8.7% (Residential) Tier 1 Rates $ 0.8229 $ 1.2274 $ 0.4045 49.2% Tier 2 Rates 2.1043 1.8972 (0.2071) (9.8%) (Residential Master-Metered and Small Commercial) Uniform Rate $ 1.0809 $ 1.2616 $ 0.1807 16.7% (Large Commercial) Uniform Rate $ 1.0702 $ 1.1616 $ 0.0914 8.5% (Compressed Natural Gas) Uniform Rate $ 0.0175 $ 0.0190 $ 0.0015 8.6% Table 13 shows the impact of the proposed July 1, 2025 rate changes on the median monthly residential bill for representative average winter and summer bills, excluding supply-related cost changes. The annual gas bill for the median residential customer is projected to be 21% higher in FY 2026 than FY 2025. This increase is due to the overall 5% revenue increase needed system-wide together with the cost of service adjustments. The actual impact may be different because customer gas usage varies and commodity price changes monthly. Table 13 shows a representative winter period (November thru March) and summer period (April through October) bill comparison. Item #3     Packet Pg. 51     18 3 9 9 9 3 9 9 9 Table 13: Impact on Residential Monthly Bill due to Proposed Gas Rate Changes11 ChangeUsage (Therms/month) Bill Amount (Current Rates) Bill Amount (Proposed Rates)$/mo.% Summer 10 $ 33.75 $ 40.38 $ 6.64 19.7% 17 (median) 45.52 54.99 9.47 20.8% 30 79.70 86.50 6.80 8.5% 45 124.15 127.84 3.69 3.0% Winter 30 $ 68.69 $ 83.41 $ 14.73 21.4% 51 (median) 104.92 128.14 23.22 22.1% 80 180.07 203.03 22.96 12.8% 150 390.54 399.00 8.47 2.2% Annual Median $ 70.27 $ 85.47 $ 15.20 21.6% Table 14 shows the impact of the proposed rate changes, effective July 1, 2025, on representative commercial customer bills, excluding supply-related cost changes. The G-2 usage levels listed below represent the median usage for the three G-2 rate class groupings, as recommended by the Natural Gas Cost of Service and Rate Study. G-2 customers with meter capacity within the lowest (proposed) capacity range and corresponding lower usage would see a significant reduction in monthly bill because of the proposed change in Monthly Service Charge (e.g., representative bill at 35 therms/month in Table 14 below reflects a reduction of $127.84 in Monthly Service Charge, partially offset by the volumetric rate increase). For the G-3 rate class, the usage reflects a sample large commercial customer with an annual consumption of approximately 250,000 therms. 11 Current rates are derived from actual commodity prices up to January 2025 and forecasted prices until June 2025. Proposed rates, while based on the same supply-related rates as current rates, incorporate adjustments solely in the increase of distribution rates. Item #3     Packet Pg. 52     19 3 9 9 9 3 9 9 9 Table 14: Impact on Commercial Monthly Bill due to Proposed Gas Rate Changes12 ChangeUsage (Therms/month) Bill Amount (Current Rates) Bill Amount (Proposed Rates)$/mo % G-2 (Residential Master-Metered and Small Commercial) 35 $ 226.51 $ 105.07 $ (121.44)-54% 280 706.04 694.62 (11.42)-2% 2,648 5,356.93 6,096.22 739.29 14% G-3 (Large Commercial) 20,834 $ 41,287.45 $ 44,187.46 $ 2,900.01 7% Bill Comparisons/Competitiveness Table 15 presents the median residential bills for Palo Alto and PG&E customers from FY 2022 to FY 2026. The bill calculations for PG&E customers are based on PG&E Climate Zone X, an area which includes Palo Alto’s surrounding communities. In FY 2023, the annual gas bill for the median Palo Alto residential customer was about $892, or 6% higher compared to a PG&E customer with equivalent consumption. This is attributed to the gas price spike during the winter of 2022/2023, which impacted all California utilities except PG&E, which avoided exceptionally high gas prices. In FY 2025, the estimated annual gas bill for the median Palo Alto residential customer is projected to be about 16% lower than that of a PG&E customer with equivalent consumption. With the implementation of the Natural Gas Cost of Service and Rate Study adjustment and the proposed rate increases, Palo Alto median residential bills are expected to be about 3% lower than PG&E bills in FY 2026. It is important to note that this 3% difference is likely understated, as this projection assumes PG&E does not implement additional rate increases between now and July 2026. Table 15: Residential Annual Natural Gas Bill Comparison ($/year) Time Period Median Usage Palo Alto PG&E Zone X % Difference FY 2022 $ 657.83 $ 724.24 (9%) FY 2023 891.89 845.03 6% FY 2024 753.28 764.70 (1%) FY 2025* 843.26 1,008.72 (16%) FY 2026 ** Annual (374 Therms) 1,025.62 1,052.11 (3%) *Calculated based on actual and projected rates **Calculated based on projected rates 12 Current rates are derived from actual commodity prices up to January 2025 and forecasted prices until June 2025. Proposed rates, while based on the same supply-related rates as current rates, incorporate adjustments solely in the increase of distribution rates. Item #3     Packet Pg. 53     20 3 9 9 9 3 9 9 9 Table 16 presents the median commercial bills for Palo Alto and PG&E customers from FY 2022 to FY 2026. Palo Alto bills have been higher than PG&E’s bills over the years, mainly due to higher customer charges. With this COS adjustment, commercial customer charges have been adjusted downward for the majority of commercial customers, making bills more competitive with PG&E. With the implementation of the COS adjustment and the proposed rate increases, Palo Alto median commercial bills are expected to be about 24% higher than PG&E bills in FY 2026, assuming PG&E does not implement additional rate increases. Table 16: Commercial Annual Natural Gas Bill Comparison ($/year) Time Period Median Usage*** Palo Alto PG&E Zone X % Difference FY 2022 6,507.57 5,602.19 16% FY 2023 8,844.11 6,506.91 36% FY 2024 7,426.78 6,022.59 23% FY 2025* 8,472.51 6,523.21 30% FY 2026** Annual G-2 (3,356 Therms) 8,335.42 6,727.68 24% *Calculated based on actual and projected rates **Calculated based on projected rates ***Calculated based on G-2 with meter capacity of >220 and <4,000 scfh Climate Credit Option As shown in Table 13 above, median residential gas bills are expected to increase by about 21.6% (approximately $15.20 per month or $182.40 per year) in FY 2026, compared with FY 2025. The Gas Utility is a covered entity under California’s Cap-and-Trade program. CARB’s Cap-and-Trade regulations authorize utilities to distribute Cap-and-Trade auction proceeds to some or all ratepayers in a non-volumetric manner. Thus, Council may authorize staff to distribute approximately $1.6 million in Cap-and-Trade reserve funds to provide a one-time flat $73.20 climate credit to each residential gas customer in FY 2026,13 lessening the rate increase impact to the median residential customer from approximately $182.40 to $109.20 for FY 2026. While the credit only applies to gas customers, the $73.20 credit would be the equivalent of reducing an overall utility median bill increase for electric, gas, water, wastewater, refuse, and stormwater from 11% to 9% for FY 2026. Cap-and-Trade revenues are earmarked for the benefit of retail natural gas ratepayers and for GHG emission reduction activities, and subject to any limitations imposed by Council. For context, $1.6 million is approximately the cost to fully electrify 182 homes. Cap-and-Trade Reserve Transfer In accordance with Section 11 of the Gas Reserve Management Practices and Council-approved 13 In accordance with the California Cap-and-Trade Program, specifically California Code of Regulations, Title 17, Section 95893(d)(3)(C) https://ww2.arb.ca.gov/sites/default/files/2021-02/ct_reg_unofficial.pdf, utilities are authorized to distribute Cap-and-Trade auction proceeds to some or all ratepayers in a non-volumetric manner. Item #3     Packet Pg. 54     21 3 9 9 9 3 9 9 9 Cap-and-Trade revenue uses (Council Resolution 1007714), staff is authorized to transfer revenues from allocated allowance auction proceeds to the Cap-and-Trade Reserve at the end of each fiscal year. Additionally, staff may utilize funds from the Cap-and-Trade Reserve to support greenhouse gas (GHG) reduction programs by transferring funds from the Cap-and-Trade Reserve to the Operations Reserve. Under the Cap-and-Trade Regulation, interest earned on allocated allowance auction proceeds is considered value derived from the allocation of allowances and is subject to the same distribution requirements. Staff has determined that the accumulated interest amounts to $1,092,855.17 from Calendar Year (CY) 2015 to CY 2024. Therefore, staff will transfer this amount from the Operations Reserve to the Cap-and-Trade Reserve in addition to the annual transfers of allocated allowance revenue and program expenses. Going forward this calculation and transfer will be done annually. General Fund Transfer The Gas Utility's transfer to the City’s General Fund is a component of the City’s gas rates. This transfer was first authorized by voters in 1950 and reaffirmed in November 2022 with the passage of Measure L which authorizes a transfer amount up to 18% of the gross revenues of the Gas Utility. This financial forecast proposes a transfer of $9.735 million in FY 2026, 18% of FY 2024 gross revenues. This transfer of 18% is in alignment with the assumptions in the FY 2025 Adopted Budget process. Next Steps The City Council will consider adopting this Financial Forecast and rate adjustments as part of the FY 2026 budget review and adoption process in June 2025. If Council approves the proposed rate changes, the rates will become effective July 1, 2025. FISCAL/RESOURCE IMPACT The resource impact of the recommendations summarized in this report is the continued financial solvency of the Gas Utility and, as the City is a ratepayer, an increase to General Fund expenses (due to the rate increases) and revenues (due to the General Fund transfer). Based on the proposed rates increase as shown, the estimated revenue impacts in FY 2026 would be an increase of $3.3 million in the Gas Fund, not including fluctuations in commodity revenue/cost. Utility rate increases impact the general fund because the City is a customer of the Gas Utility. The impact to the general fund from the proposed rate increases is a $0.17 million expense increase. Additionally, the change in General Fund revenues from FY 2025 to FY 2026 would decrease from $10.917 million in FY 2025 to $9.735 million in FY 2026, a decrease of about 14 Council Resolution 10077 https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=61567 Item #3     Packet Pg. 55     22 3 9 9 9 3 9 9 9 $1.183 million. The FY 2025 transfer was unusually high because it was based on FY 2023 revenue, which was elevated due to the gas price spike during the winter of 2022-23. POLICY IMPLICATIONS The proposed Gas Utility rate adjustments are consistent with Council-adopted Reserve Management Practices (Attachment D) and were developed using a cost-of-service study and methodology consistent with the California constitution and industry-accepted cost of service principles. If reserves fall below the minimum guidelines, Council approval is required for a rate plan that requires more than one year to return reserves to within guideline levels. This staff report serves as the required plan. STAKEHOLDER ENGAGEMENT Staff presented preliminary rate proposals to the Finance Committee on December 3, 202415 for discussion only. One Committee member asked about the impact of population changes and one Committee member said that demographic changes should be included. Staff explained that the projection assumes lower gas sales due to electrification and we are considering population and factoring in electrification. Staff presented preliminary rate proposals to the UAC on December 4, 202416 for discussion only. One Commissioner asked about how electrification was incorporated in the forecast and staff explained that an outside consultant performed a regression with an electrification scenario that was used for the gas purchase forecast. Commissioners asked about reserve guidelines and reserve levels. One Commissioner expressed interest in the true cost of gas, considering the environmental externalities. Additional feedback from the UAC and Finance Committee meetings in 2025 will be incorporated in the financial forecast and included in the proposal presented to City Council in June 2025 during the budget adoption process. Attachment E contains examples of CPAU’s communication and outreach methods including the use of the utilities website, utility bill inserts, messaging on utility bills, and MyCPAU online account management platform, email newsletters, print and digital ads in local publications, social media, and community messaging platforms. ENVIRONMENTAL REVIEW 15 December 3, 2024 Finance Committee Meeting, Staff Report https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=64761 , Minutes https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=39017 , Video https://www.youtube.com/watch?v=-tshOdaDA3A%3Ffeature%3Dshare 16 December 4, 2024 Utilities Advisory Commission, Staff Report https://cityofpaloalto.primegov.com/Portal/viewer?id=0&type=7&uid=d7cd6030-1d05-412e-a96b-cabd33557bc1, Minutes https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=41244 , Video https://www.youtube.com/watch?v=tfznidSYXiU%3Ffeature%3Dshare Item #3     Packet Pg. 56     23 3 9 9 9 3 9 9 9 The UAC’s review and recommendation to the Finance Committee on the FY 2026 Gas Utility financial forecast and rate adjustments does not meet the California Environmental Quality Act’s definition of a project, pursuant to Public Resources Code Section 21065, thus no environmental review is required. ATTACHMENTS: APPROVED BY: Item #3     Packet Pg. 57     Attachment A NOT YET APPROVED Resolution No. Resolution of the Council of the City of Palo Alto Approving the Fiscal Year 2026 Gas Utility Financial Forecast and Reserve Transfers, the Natural Gas Cost of Service and Rate Study and General Fund Transfer, and Amending Rate Schedules G-1 (Residential Gas Service), G-2 (Residential Master-Metered and Commercial Gas Service), G-3 (Large Commercial Gas Service), and G- 10 (Compressed Natural Gas Service) R E C I T A L S A. Each year the City of Palo Alto (“City”) regularly assesses the financial position of its utilities with the goal of ensuring adequate revenue to fund operations, including reserves. This includes making long-term projections of market conditions, the physical condition of the system, and other factors that could affect utility costs, and setting rates adequate to recover these costs. It does this with the goal of providing safe, reliable, and sustainable utility services at competitive rates. The City adopts Financial Forecasts or Plans to summarize these projections. B. The City uses reserves to protect against contingencies and to manage other aspects of its operations, and regularly assesses the adequacy of these reserves and the management practices governing their operation. The status of utility reserves and their management practices are included in Reserves Management Practices attached to and made part of the Financial Forecasts or Plans. C. Pursuant to Chapter 12.20.010 of the Palo Alto Municipal Code, the Council of the City of Palo Alto may by resolution adopt rules and regulations governing utility services, fees and charges. D. On June 9, 2025, the City Council heard and approved the proposed rate increase at a noticed public hearing. The Council of the City of Palo Alto does hereby RESOLVE as follows: SECTION 1. The Council hereby adopts the fiscal year (“FY”) 2026 Gas Utility Financial Forecast and Cost of Service Study attached to and made a part of the staff report presented to the City Council; SECTION 2. The Council hereby approves the transfer of up to 18% of gas utility gross revenues received during FY 2024 to the general fund in FY 2026; SECTION 3. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule G-1 (Residential Gas Service) is hereby amended to read as attached and Item #3     Packet Pg. 58     Attachment A NOT YET APPROVED incorporated. Utility Rate Schedule G-1, as amended, shall become effective July 1, 2025 (Attachment B); SECTION 4. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule G-2 (Residential Master-Metered and Commercial Gas Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule G-2, as amended, shall become effective July 1, 2025 (Attachment B); SECTION 5. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule G-3 (Large Commercial Gas Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule G-3, as amended, shall become effective July 1, 2025 (Attachment B); SECTION 6. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule G-10 (Compressed Natural Gas Service Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule G-10, as amended, shall become effective July 1, 2025 (Attachment B); SECTION 7. The City Council finds that revenues derived from the gas rates approved by this resolution do not exceed the funds required to provide gas service and shall not be used for any purpose other than providing gas service, and the purposes set forth in Article VII, Section 2, of the Charter of the City of Palo Alto. SECTION 8. The Council finds that the fees and charges adopted by this resolution are charges imposed for a specific government service or product provided directly to the payor that are not provided to those not charged, and do not exceed the reasonable costs to the City of providing the service or product. SECTION 9. The Council finds that approving the FY 2026 Gas Utility Financial Forecast does not meet the California Environmental Quality Act’s (CEQA) definition of a project under Public Resources Code Section 21065 and CEQA Guidelines Section 15378(b)(5), because it is an administrative governmental activity which will not cause a direct or indirect physical change in the environment, and therefore, no environmental assessment is required. The Council finds that changing gas rates to meet operating expenses, purchase supplies and materials, meet financial reserve needs and obtain funds for capital improvements necessary to maintain service is not subject to the California Environmental Quality Act (CEQA), pursuant to California Public Resources Code Sec. 21080(b)(8) and Title 14 of the California Code of Regulations Sec. 15273(a). After reviewing the staff report and all attachments presented to / / / / / / Item #3     Packet Pg. 59     Attachment A NOT YET APPROVED Council, the Council incorporates these documents herein and finds that sufficient evidence has been presented setting forth with specificity the basis for this claim of CEQA exemption. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk Mayor APPROVED AS TO FORM: APPROVED: Assistant City Attorney City Manager Director of Utilities Director of Administrative Services Item #3     Packet Pg. 60     RESIDENTIAL GAS SERVICE UTILITY RATE SCHEDULE G-1 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-1-1 Effective 7-1-2025Sheet No G-1-1 dated 117-1-2024 Sheet No G-1-1Effective 11-1-2024 A. APPLICABILITY: This schedule applies to the following Customers receiving Gas Service from City of Palo Alto Utilities: 1. Separately-metered single-family residential Customers; 2.Separately-metered multi-family residential Customers in multi-family residential facilities. B.TERRITORY: This schedule applies everanywhere the City of Palo Alto provides Gas Service. C. UNBUNDLED RATES:Per Service Monthly Service Charge: ................................................................................................$ 19.526.93 Tier 1 Rates: Per Therm Supply Charges: 1. Commodity (Monthly Market- Based) ........................................ $0.10-$4.00 2.Cap and Trade Compliance Charge ............................................ $0.00- $0.25Pass-through 3. Transportation Charge ................................................................. Pass- through$0.00-$0.30 4. Carbon Offset Charge .................................................................. $0.00-$0.10 Distribution Charge:....................................................................................... $ 1.20930.8229 Tier 2 Rates: (All usage over 100% of Tier 1) Supply Charges: 1.Commodity (Monthly Market- Based) ........................................ $0.10-$4.00 2.Cap and Trade Compliance Charge ............................................. $0.00- $0.25Pass-through 3. Transportation Charge ................................................................. Pass- through$0.00-$0.30 4.Carbon Offset Charge .................................................................. $0.00-$0.10 Attachment B Item #3     Packet Pg. 61     RESIDENTIAL GAS SERVICE UTILITY RATE SCHEDULE G-1 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-1-2 Effective 7-1-2025Sheet No G-1-2 dated 117-1-2024 Sheet No G-1-2Effective 11-1-2024 Distribution Charge:............................................................................................. $ 2.10431.8792 D. SPECIAL NOTES: 1. Calculation of Cost Components The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or Taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. The Commodity Charge is based on the monthly natural gas Bidweek Price Index for delivery at PG&E Citygate, adjusted to account for delivery losses to the Customer’s Meter. The Commodity Charge also includes adjustments to account for Council- approved programs implemented to reduce the cost of Gas, including a municipal purchase discount 1 and $0.055 per therm for mitigating the impact of short-term natural gas market price spikes 2. The Cap and Trade Compliance Charge is a pass-through charge that reflects the City’s cost of regulatory compliance with the state’s Cap and Trade Program, including the cost of acquiring compliance instruments sufficient to cover the City’s Gas Utility’s compliance obligations. The Cap and Trade Compliance Charge will changes in response to changing market conditions, retail sales volumes and the quantity of allowances required, . The Cap and Trade Compliance Chargeand is a pass-through charge and itis calculated based on the Cap-and-Trade Pprogram’s quarterly auction allowance closing prices. The Carbon Offset Charge reflects the City’s cost to purchase offsets for greenhouse gases produced when Gas is burned. The Carbon Offset Charge will changes in response to changing market conditions, changing sales volumes and the quantity of offsets purchased within the Council-approved per therm cap. 1 Adopted via Resolution 9451, on September 15, 2014. 2 Adopted via Resolution 10187 on August 19, 2024. Attachment B Item #3     Packet Pg. 62     RESIDENTIAL GAS SERVICE UTILITY RATE SCHEDULE G-1 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-1-3 Effective 7-1-2025Sheet No G-1-3 dated 117-1-2024 Sheet No G-1-3Effective 11-1-2024 The Transportation Charge is a pass-through charge , and it is based on the current PG&E G-WSL 3 (Gas Transportation Service to Wholesale/Retail Customers) rate for Palo Alto, accounting for delivery losses to the Customer’s Meter. The Commodity and, Cap and Trade Compliance, Carbon Offset and Transportation Charges will fall within the minimum/maximum ranges set forth in Section C. Current and historic per therm rates for the Commodity, Cap and Trade Compliance, Carbon Offset and Transportation Charges are posted on the City Utilities website.4 2. Seasonal Rate Changes: The Summer period is effective April 1 to October 31 and the Winter period is effective from November 1 to March 31. When the billing period includes use in both the Summer and the Winter periods, the usage will be prorated based on the number of days in each seasonal period, and the charges based on the applicable rates for each period. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. 3. Calculation of Usage Tiers Tier 1 natural gas usage shall beis calculated and billed based upon a level of 23 therms per 30 day billing period during the Summer period, and 60 therms per 30 day billing period during the Winter period, based on meter reading days of service, and rounded to the nearest whole therm. As an example, Tier 1 natural gas usage would beis calculated at 0.767667 therms per day during the Summer period (.767 therms per day x 30 days = 23 therms) and 2.0 therms per day during the Winter period (2 therms per day x 30 days = 60 therms) months,. rounded to the nearest whole therm, based on meter reading days of service. As an example, for a 30 day bill, the Tier 1 level would be 20 therms during the Summer period and 60 therms during the Winter period months. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. {End} 3 https://www.pge.com/tariffs/assets/pdf/tariffbook/GAS_SCHEDS_G-WSL.pdf 4 Monthly gas and commodity and volumetric rates are available here, or by visiting https://www.cityofpaloalto.org/files/assets/public/utilities/rates-schedules-for-utilities/residential-utility-rates/monthly-gas- volumetric-and-service-charges-residential.pdf Attachment B Item #3     Packet Pg. 63     RESIDENTIAL MASTER-METERED AND COMMERCIAL GAS SERVICE UTILITY RATE SCHEDULE G-2 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-2-1 Effective 711-1-20254 dated 117-1-2024 Sheet No G-2-1 A. APPLICABILITY: This schedule applies to the following Customers receiving Gas Service from the City of Palo Alto Utilities: 1. Commercial Customers who use less than 250,000 therms per year at one site; 2. Master-metered residential Customers in multi-family residential facilities. B. TERRITORY: This schedule applies everanywhere the City of Palo Alto provides Gas Service. C. UNBUNDLED RATES: Per Service Monthly Service Charge: For meters with maximum capacity: 1. .................................................................. Up to 220 Standard Cubic Feet per Hour (scfh) ..................................................................................................................................$ 29.06 2. Above 220 scfh butand less than 4,000 scfh ............................................................$ 94.94 3. 4,000 scfh and above ................................................................................$ 417.62$ 156.90 .............................................................................................................................................. Per Therm Supply Charges: 1. Commodity (Monthly Market Based) ......................................................... $0.10-$4.00 2. Cap and Trade Compliance Charges ........................................................... $0.00- $0.25Pass-through 3. Transportation Charge .................................................................................. Pass- through$0.00-$0.30 4. Carbon Offset Charge ................................................................................... $0.00-$0.10 Distribution Charge: .................................................................................................. $1.26160809 D. SPECIAL NOTES: 1. Calculation of Cost Components The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or Taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. Attachment B Item #3     Packet Pg. 64     RESIDENTIAL MASTER-METERED AND COMMERCIAL GAS SERVICE UTILITY RATE SCHEDULE G-2 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-2-2 Effective 711-1-20254 dated 117-1-2024 Sheet No G-2-2 The meter’s maximum capacity used to determine the applicable Monthly Service Charge for G-2 Gas Service is the installed meter’s City of Palo Alto-approved maximum capacity in standard cubic feet per hour (scfh), measured at 7 inches of water column or equivalent to 0.25 pounds per square inch. The Commodity Charge is based on the monthly natural gas Bidweek Price Index for delivery at PG&E Citygate, adjusted to account for delivery losses to the Customer’s Meter. The Commodity Charge also includes adjustments to account for Council- approved programs implemented to reduce the cost of Gas, including a municipal purchase discount 1 and $0.055 per therm for mitigating the impact of short-term natural gas market price spikes 2. The Cap and Trade Compliance Charge is a pass-through charge that reflects the City’s cost of regulatory compliance with the state’s Cap and Trade Program, including the cost of acquiring compliance instruments sufficient to cover the City’s Gas Utility’s compliance obligations. The Cap and Trade Compliance Charge will changes in response to changing market conditions, retail sales volumes and the quantity of allowances required,. and is calculated based on the Cap-and-Trade Program’s quarterly auction allowance closing prices. The Carbon Offset Charge reflects the City’s cost to purchase offsets for greenhouse gases produced when Gas is burned. The Carbon Offset Charge will changes in response to changing market conditions, changing sales volumes and the quantity of offsets purchased within the Council-approved per therm cap. The Transportation Charge is a pass-through chargeis based on the current PG&E G- WSL 3 (Gas Transportation Service to Wholesale/Retail Customers) rate for Palo Alto, accounting for delivery losses to the Customer’s Meter. The Commodity, Cap and Trade Compliance, and Carbon Offset and Transportation Charges will fall within the minimum/maximum ranges set forth in Section C. Current and historic per therm rates for the Commodity, Cap and Trade Compliance, Carbon Offset and Transportation Charges are posted on the City Utilities website.4 1 Adopted via Resolution 9451, on September 15, 2014. 2 Adopted via Resolution 10187 on August 19, 2024. 3 https://www.pge.com/tariffs/assets/pdf/tariffbook/GAS_SCHEDS_G-WSL.pdf 4 Monthly gas and commodity and volumetric rates are available here, or by visiting https://www.cityofpaloalto.org/files/assets/public/utilities/business/business-rates/monthly-gas-volumetric-and-service- Attachment B Item #3     Packet Pg. 65     RESIDENTIAL MASTER-METERED AND COMMERCIAL GAS SERVICE UTILITY RATE SCHEDULE G-2 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-2-3 Effective 711-1-20254 dated 117-1-2024 Sheet No G-2-3 {End} charges-commercial.pdf Attachment B Item #3     Packet Pg. 66     LARGE COMMERCIAL GAS SERVICE UTILITY RATE SCHEDULE G-3 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-3-1 Effective 711-1-20254 dated 711-1-2024 Sheet No G-3-1 A. APPLICABILITY: This schedule applies to the following Customers receiving Gas Service from the City of Palo Alto Utilities: 1. Commercial Customers who use at least 250,000 therms per year at one site; 2. Customers at City-owned generation facilities including the City’s Natural Gas fueling station at the Municipal Services Center. B. TERRITORY: This schedule applies everyanywhere the City of Palo Alto provides Gas Service. C. UNBUNDLED RATES: Per Service Monthly Service Charge: $ 1,731.67717.89 Per Therm Supply Charges: 1. Commodity (Monthly Market Based) .................................................... $0.10-$4.00 2. Cap and Trade Compliance Charges ................................ Pass-through$0.00-$0.25 3. Transportation Charge .......................................................................... Pass- through$0.00-$0.30 4. Carbon Offset Charge ........................................................................... $0.00-$0.10 Distribution Charge: ............................................................................................................$ 1.0702 D. SPECIAL NOTES: 1. Calculation of Cost Components The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or Taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. The Commodity Charge is based on the monthly natural gas Bidweek Price Index for delivery at PG&E Citygate, adjusted to account for delivery losses to the Customer’s Meter. The Commodity Charge also includes adjustments to account for Council- approved programs implemented to reduce the cost of Gas, including a municipal Attachment B Item #3     Packet Pg. 67     LARGE COMMERCIAL GAS SERVICE UTILITY RATE SCHEDULE G-3 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-3-2 Effective 711-1-20254 dated 711-1-2024 Sheet No G-3-2 purchase discount 1 and $0.055 per therm for mitigating the impact of short-term natural gas market price spikes 2. The Cap and Trade Compliance Charge is a pass-through charge that reflects the City’s cost of regulatory compliance with the state’s Cap and Trade Program, including the cost of acquiring compliance instruments sufficient to cover the City’s Gas Utility’s compliance obligations. The Cap and Trade Compliance Charge will changes in response to changing market conditions, retail sales volumes and the quantity of allowances required,. and is calculated based on the Cap-and-Trade Program’s quarterly auction allowance closing prices. The Carbon Offset Charge reflects the City’s cost to purchase offsets for greenhouse gases produced when Gas is burned. The Carbon Offset Charge will changes in response to changing market conditions, changing sales volumes and the quantity of offsets purchased within the Council-approved per therm cap. The Transportation Charge is a pass-through chargeis based on the current PG&E G- WSL 3 (Gas Transportation Service to Wholesale/Retail Customers) rate for Palo Alto, accounting for delivery losses to the Customer’s Meter. The Commodity, Cap and Trade Compliance, and Carbon Offset and Transportation Charges will fall within the minimum/maximum ranges set forth in Section C. Current and historic per therm rates for the Commodity, Cap and Trade Compliance, Carbon Offset and Transportation Charges are posted on the City Utilities website.4 2. Request for Service A qualifying Customer may request service under this schedule for more than one account or meter if the accounts are located on one site. A site consists of one or more contiguous parcels of land with no intervening public right-of- ways (e.g. streets). 3. Changing Rate Schedules Customers may request a rate schedule change at any time to any applicable City of Palo Alto full-service rate schedule. 1 Adopted via Resolution 9451, on September 15, 2014. 2 Adopted via Resolution 10187 on August 19, 2024. 3 https://www.pge.com/tariffs/assets/pdf/tariffbook/GAS_SCHEDS_G-WSL.pdf 4 Monthly gas and commodity and volumetric rates are available here, or by visiting https://www.cityofpaloalto.org/files/assets/public/utilities/business/business-rates/monthly-gas-volumetric-and-service- charges-commercial.pdf Attachment B Item #3     Packet Pg. 68     LARGE COMMERCIAL GAS SERVICE UTILITY RATE SCHEDULE G-3 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-3-3 Effective 711-1-20254 dated 711-1-2024 Sheet No G-3-3 {End} Attachment B Item #3     Packet Pg. 69     COMPRESSED NATURAL GAS SERVICE UTILITY RATE SCHEDULE G-10 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-10-1 Effective 711-1-20254 dated 117-1-2024 Sheet No. G-10-1 A. APPLICABILITY: This schedule applies to the sale of Gas to the City-owned compressed natural gas (CNG) fueling station at the Municipal Service Center in Palo Alto. B. TERRITORY: Applies to the City’s CNG fueling station located at the Municipal Service Center in City of Palo Alto. C. UNBUNDLED RATES: Per Service Monthly Service Charge: ..........................................................................................$ 115.34106.11 Per Therm Supply Charges: Commodity (Monthly Market Based) ................................................................ $0.10-$4.00 Cap and Trade Compliance Charges ............................................. $0.00-$0.25Pass-through Transportation Charge .................................................................. Pass-through$0.00-$0.30 Carbon Offset Charge ........................................................................................ $0.00-$0.10 Distribution Charge ........................................................................................................$ 0.0190175 D. SPECIAL CONDITIONS 1. Calculation of Cost Components The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or Taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. The Commodity Charge is based on the monthly natural gas Bidweek Price Index for delivery at PG&E Citygate, adjusted to account for delivery losses to the Customer’s Meter. The Commodity Charge also includes adjustments to account for Council-approved programs implemented to reduce the cost of Gas, including a municipal purchase discount1 and $0.055 per therm for mitigating the impact of short-term natural gas market price spikes 2. 1 Adopted via Resolution 9451, on September 15, 2014. 2 Adopted via Resolution 10187 on August 19, 2024. Attachment B Item #3     Packet Pg. 70     COMPRESSED NATURAL GAS SERVICE UTILITY RATE SCHEDULE G-10 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No G-10-2 Effective 711-1-20254 dated 117-1-2024 Sheet No. G-10-2 The Cap and Trade Compliance Charge is a pass-through charge that reflects the City’s cost of regulatory compliance with the state’s Cap and Trade Program, including the cost of acquiring compliance instruments sufficient to cover the City’s Gas Utility’s compliance obligations. The Cap and Trade Compliance Charge will changes in response to changing market conditions, retail sales volumes and the quantity of allowances required,. and is calculated based on the Cap-and- Trade Program’s quarterly auction allowance closing prices. The Carbon Offset Charge reflects the City’s cost to purchase offsets for greenhouse gases produced when Gas is burned. The Carbon Offset Charge will changes in response to changing market conditions, changing sales volumes and the quantity of offsets purchased within the Council-approved per therm cap. The Transportation Charge is a pass-through chargeis based on the current PG&E G-WSL 3 (Gas Transportation Service to Wholesale/Retail Customers) rate for Palo Alto, accounting for delivery losses to the Customer’s Meter. The Commodity, Cap and Trade Compliance, and Carbon Offset and Transportation Charges will fall within the minimum/maximum ranges set forth in Section C. Current and historic per therm rates for the Commodity, Cap and Trade Compliance, Carbon Offset and Transportation Charges are posted on the City Utilities website.4 {End} 3 https://www.pge.com/tariffs/assets/pdf/tariffbook/GAS_SCHEDS_G-WSL.pdf 4 Monthly gas and commodity and volumetric rates are available here, or by visiting https://www.cityofpaloalto.org/files/assets/public/utilities/business/business-rates/monthly-gas-volumetric-and-service- charges-commercial.pdf Attachment B Item #3     Packet Pg. 71     Attachment C Item #3     Packet Pg. 72     Attachment C Gas Utility Capital Improvement Program (CIP) Financial Details Item #3     Packet Pg. 73     Attachment D 6 7 5 7 GAS UTILITY RESERVES MANAGEMENT PRACTICES The following reserves management practices shall be used when developing the Gas Utility Financial Plan: Section 1. Definitions a) “Financial Planning Period” – The Financial Planning Period is the range of future fiscal years covered by the Financial Plan. For example, if the Financial Plan delivered in conjunction with the FY 2015 budget includes projections for FY 2015 to FY 2019, FY 2015 to FY 2019 would be the Financial Planning Period. b) “Fund Balance” – As used in these Reserves Management Practices, Fund Balance refers to the Utility’s Unrestricted Net Assets. c) “Net Assets” - The Government Accounting Standards Board defines a Utility’s Net Assets as the difference between its assets and liabilities. d) “Unrestricted Net Assets” - The portion of the Utility’s Net Assets not invested in capital assets (net of related debt) or restricted for debt service or other restricted purposes. Section 2. Supply Fund Reserves The Gas Utility’s Supply Fund Balance is reserved for the following purposes: a) For existing contracts, as described in Section 4 (Reserve for Commitments) b) For operating and capital budgets re-appropriated from previous years, as described in Section 5 (Reserve for Re-appropriations) Section 3. Distribution Fund Reserves a) For existing contracts, as described in Section 4 (Reserve for Commitments) b) For operating and capital budgets re-appropriated from previous years, as described in Section 5 (Reserve for Re-appropriations) c) For cash flow management and contingencies related to the Gas Utility’s Capital Improvement Program (CIP), as described in Section 6 (CIP Reserve) d) For rate stabilization, as described in Section 7 (Rate Stabilization Reserve) e) For operating contingencies, as described in Section 8 (Operations Reserve) f) For tracking unspent or unallocated revenues from the sale of carbon allowances freely allocated by the California Air Resources Board to the gas utility under the State’s Cap and Trade Program, as described in Section 11 (Cap and Trade Program Reserve) g) Any funds not included in the other reserves will be considered Unassigned Reserves and shall be returned to ratepayers or assigned a specific purpose as described in Section 9 (Unassigned Reserves) Item #3     Packet Pg. 74     Attachment D 6 7 5 7 Section 4. Reserve for Commitments 1. These guideline levels are calculated for each fiscal year of the Financial Planning Period and approved by Council resolution. 1 The guideline levels were corrected to match the Council-approved language updated from the FY 2021 Financial Plan. 2 Each month is calculated based upon 1/12 of the annual budget. 3 For example, in the Financial Plan for FY 2021, the 48 month period to use to derive the annual average is FY 2021 through FY 2024. In the FY 2022 Financial Plan, the 48 month period to use to derive the annual average would be FY 2022 through FY 2025 etc. Minimum Level 20% of the maximum CIP Reserve guideline level l Maximum Level Average annual (12 month)2 CIP budget, for 48 months of budgeted CIP expenses3 Item #3     Packet Pg. 75     Attachment D 6 7 5 7 d) Maximum Level: If, at any time, the CIP Reserve reaches its maximum level, no funds may be added to this reserve. If there are funds in this reserve in excess of the maximum level staff must propose to transfer these funds to another reserve or return them to ratepayers in the next Financial Plan. Staff may also seek Council approval to hold funds in this reserve in excess of the maximum level, if they are held for a specific future purpose related to the CIP. Section 7. Rate Stabilization Reserve The Rate Stabilization Reserve is used to manage the trajectory of future Funds may be added to the Rate Stabilization Reserve by action of the City Council and held to manage the trajectory of future year rate increases. Withdrawal of funds from the Rate Stabilization Reserve requires Council action. If there are funds in the Rate Stabilization Reserve at the end of any fiscal year, any subsequent Gas Utility Financial Plan must result in the withdrawal of all funds from this Reserve by the end of the Financial Planning Period. Section 8. Operations Reserve The Operations Reserve is used to manage normal variations in costs and as a reserve for contingencies. Any portion of the Gas Utility’s Fund Balance not included in the reserves described in Section 4-Section 7 above will be included in the Operations Reserve unless this reserve has reached its maximum level as set forth in Section 8 d) below. Staff will manage the Operations Reserve according to the following practices: a) The following guideline levels are set forth for the Operations Reserve. These guideline levels are calculated for each fiscal year of the Financial Planning Period based on the levels of Operations and Maintenance (O&M) and commodity expense forecasted for that year in the Financial Plan. Minimum Level 60 days of O&M and commodity expense Target Level 90 days of O&M and commodity expense Maximum Level 120 days of O&M and commodity expense b) Minimum Level: If, at the end of any fiscal year, the funds remaining in the Operations Reserve are lower than the minimum level set forth above, staff shall present a plan to the City Council to replenish the reserve. The plan shall be delivered within six months of the end of the fiscal year, and shall, at a minimum, result in the reserve reaching its minimum level by the end of the following fiscal year. For example, if the Operations Reserve is below its minimum level at the end of FY 2014, staff must present a plan by December 31, 2014 to return the reserve to its minimum level by June 30, 2015. In addition, staff may present, and the Council may adopt, an alternative plan that takes longer than one year to replenish the reserve. c) Target Level: If, at the end of any fiscal year, the Operations Reserve is higher or lower than the target level, any Financial Plan created for the Gas Utility shall be designed to return the Operations Reserve to its target level by the end of the forecast period. Item #3     Packet Pg. 76     Attachment D 6 7 5 7 d) Maximum Level: If, at any time, the Operations Reserve reaches its maximum level, no funds may be added to this reserve. Any further increase in the Gas Utility’s Fund Balance shall be automatically included in the Unassigned Reserve described in Section 9, below. Section 9. Unassigned Reserve If the Operations Reserve reaches its maximum level, any further additions to the Gas Utility’s Fund Balance will be held in the Unassigned Reserve. If there are any funds in the Unassigned Reserve at the end of any fiscal year, the next Financial Plan presented to the City Council must include a plan to assign them to a specific purpose or return them to the Gas Utility ratepayers by the end of the first fiscal year of the next Financial Planning Period. For example, if there were funds in the Unassigned Reserves at the end of FY 2015, and the next Financial Planning Period is FY 2016 through FY 2020, the Financial Plan shall include a plan to return or assign any funds in the Unassigned Reserve by the end of FY 2016. Staff may present an alternative plan that retains these funds or returns them over a longer period of time. Section 10. Intra-Utility Transfers Between Supply and Distribution Funds The Gas Utility records costs in two separate funds: the Gas Supply Fund and the Gas Distribution Fund. At the end of each fiscal year staff is authorized to transfer funds between the Gas Supply Fund and Gas Distribution Fund if consistent with the purposes of the two reserves involved in the transfer and in order to balance gas utility reserves to avoid negative balances. For example, Gas Distribution revenues are needed to pay for certain supply- related costs such as administration of the Gas Supply Fund. Such transfers shall be included in the ordinance closing the budget for the fiscal year. Section 11. Cap and Trade Program Reserve This reserve tracks unspent or unallocated revenues from the sale of carbon allowances freely allocated by the California Air Resources Board to the gas utility, under the State’s Cap and Trade Program. Funds in this Reserve are managed in accordance with the City’s Policy on the Use of Freely Allocated Allowances under the State’s Cap and Trade Program (the Policy), adopted by Council Resolution 9487 in January 2015. At the end of each fiscal year, the Cap and Trade Program Reserve will be adjusted by the net of revenues and expenses associated with the Cap and Trade program. Item #3     Packet Pg. 77     ATTACHMENT E COMMUNICATIONS PLAN AND OUTREACH EX AMPLES The fiscal year (FY) 2026 gas utility communications strategy addresses cost drivers for rate increases including the need to rebuild financial reserves and ongoing capital investment in the natural gas distribution system. Financial reserves need to be replenished following a drawdown during the pandemic to keep customer rate changes at a minimal level. Additionally, the City used financial reserves to protect customers from surging gas prices in the winter of 2022-2023. Maintaining healthy financial reserves also ensures that the City of Palo Alto Utilities (CPAU) can continue to invest in capital improvement of the natural gas distribution system for safe and reliable service delivery. CPAU continues to explore cost-containment measures for each utility fund, consistent with the Utilities Strategic Plan. CPAU was recently awarded a $16.5 million grant by the U.S. Department of Transportation Pipeline and Hazardous Materials Safety Administration (PHMSA) which was intended to provide financial assistance for capital-related work that is additional to the utility’s already planned capital work over the next five-year period. CPAU is awaiting an update from the federal administration about the ultimate issuance of this grant. CPAU purchases gas as a commodity on the market, thus monthly gas rates can fluctuate due to external factors. Staff post the monthly rates online at www.cityofpaloalto.org/RatesOverview and provide updates on the rate setting process so members of the public can be informed and get involved in the public process. CPAU promotes gas use efficiency year-round, but most heavily during winter months to impact heating activities. Messaging emphasizes the importance of saving energy to keep utility costs low even if gas prices are high or utility rates are increasing. Programs such as advisor services for energy efficiency and electrification offer residents assistance for home upgrades. CPAU provides free consulting services and rebates for commercial energy efficiency upgrades. Throughout the year, CPAU hosts free educational workshops to help residents and businesses better understand energy usage and learn ways to improve efficiency to keep utility costs low. The MyCPAU online account management portal provides customers with direct access and more information about utility account and consumption data. CPAU communicates about safety for all utility services year-round including the need to call USA (811) before digging to check for underground utility lines. Staff also emphasize the importance of contacting CPAU to check for potential sewer and gas line cross-bores prior to clearing a sewer line. Every year, CPAU publishes a gas safety awareness brochure and mails it to all customers in Palo Alto as well as other stakeholders. Staff talk with business customers at special facilities meetings and attend neighborhood safety and emergency preparedness fairs. While print materials and webpages still feature prominently, CPAU is increasing use of other outreach channels such as email newsletters, social media and online videos. The Gas Safety Public Awareness Plan contains saved copies of all outreach materials and activity logs. Additional CPAU communication methods include the utilities webpages, utility bill inserts, messaging on bills and envelopes, informational fliers and brochures, email newsletters, social media, print and digital ads in local publications, and participation in community outreach events. Item #3     Packet Pg. 78     ATTACHMENT E Item #3     Packet Pg. 79     Natural Gas Cost of Service and Rate Study City of Palo Alto P R E P A R E D B Y E E S C O N S U L T I N G February 202 5 Attachment F Item #3     Packet Pg. 80     16701 NE 80th Street  Suite 102  Redmond, WA 98052  425-889-2700  Fax 866-611-3791  www.eesconsulting.com G e o r g i a  T e x a s  A l a b a m a  N e w H a m p s h i r e  W i s c o n s i n  M a i n e  W a s h i n g t o n  C a l i f o r n i a Amber Gschwend, Director amber.gschwend@gdsassociates.com direct 425-655-1042 cell 360-319-7946 February 2025 Lisa Bilir Senior Resource Planner City of Palo Alto 250 Hamilton Avenue Palo Alto, CA 94301 SUBJECT: Natural Gas Cost of Service and Rate Study Dear Lisa: Attached please find the Natural Gas Cost of Service and Rate Study report for the City of Palo Alto (City) prepared by EES Consulting (EES), a GDS Associates company. We based the conclusions and recommendations contained within this report upon industry practice and accepted rate setting principles. The assumptions are consistent with the financial and metering data provided for revenue requirement, customer, and system data and costs. EES developed the study with mutual aid of the City’s staff and appreciate the internal effort to refine the study. The findings, conclusions and recommendations of this report supply the basis for the development of fair and equitable rates for the City. Very truly yours, Amber Gschwend Director, EES Consulting amber.gschwend@gdsassociates.com Russ Schneider Senior Project Manager, EES Consulting russ.schneider@gdsassociates.com Attachment F Item #3     Packet Pg. 81     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING i TABLE OF CONTENTS 1 EXECUTIVE SUMMARY ................................................................................................... 1 1.1 System Description ............................................................................................................................................. 1 1.2 Rate Study Overview .......................................................................................................................................... 3 1.2.1 Revenue Requirement ................................................................................................................ 3 1.2.2 Cost of Service Analysis ............................................................................................................. 4 1.2.3 Rate Design Recommendations ................................................................................................ 5 1.2.4 Rate Change Recommendations ............................................................................................... 8 2 REVENUE REQUIREMENT DEVELOPMENT ................................................................... 9 2.1 Overview of the City’s Revenue Requirement Methodology ............................................................. 9 2.2 Supply Costs .......................................................................................................................................................... 9 2.3 Distribution Costs ............................................................................................................................................. 10 2.4 Debt Service and Rate-Funded Capital Improvement Program (CIP) .......................................... 10 2.5 General Fund Transfer .................................................................................................................................... 11 2.6 Miscellaneous/Other Revenues .................................................................................................................. 11 2.7 Transfers to/from Reserves ........................................................................................................................... 11 2.8 Summary of Revenue Requirement........................................................................................................... 11 3 COST OF SERVICE ANALYSIS ....................................................................................... 13 3.1 COSA Definition and General Principles .................................................................................................. 13 3.2 City Natural GAs Distribution COSA Methodology ............................................................................. 14 3.2.1 Functionalization ..................................................................................................................... 14 3.2.2 Classification and Allocation of Costs .................................................................................... 14 3.3 Average & Excess (A&E) ................................................................................................................................ 19 3.3.1 Revised Average & Excess Calculation ................................................................................... 20 3.4 Customer Classes of Service ......................................................................................................................... 21 3.5 Cost of Service Results ................................................................................................................................... 21 4 RATE DESIGN ................................................................................................................ 25 4.1 Recommended Rate Design: Distribution ............................................................................................... 25 4.1.1 Residential (G1) ........................................................................................................................ 25 4.1.2 Small Commercial and Residential Master-Metered and (G2) ............................................. 28 4.1.3 Large Commercial (G3) ............................................................................................................ 30 4.2 Supply Charges ................................................................................................................................................. 31 Attachment F Item #3     Packet Pg. 82     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 1 1 Executive Summary The City of Palo Alto (City) retained EES Consulting (EES), a GDS Associates company, to perform a natural gas cost of service analysis (COSA) and rate study for Fiscal Year 2025-2026 (FY 2025-2026)1 as part of its ongoing efforts to maintain fiscally prudent, fair, cost-based rates for its natural gas customers. The natural gas COSA is primarily concerned with the development of distribution rates. In addition to the distribution rates that are the subject of this Study, the City charges four additional rates to customers that pass on costs that are outside of the immediate control of the City, such as the cost of purchasing gas and transporting it to the City’s distribution system. These four rates are: 1) the gas commodity rate, which represents the cost of buying gas in the markets, 2) the gas transportation rate, which represents the cost of transporting purchased gas to Palo Alto, 3) the Cap and Trade compliance rate, which represents the cost of mandated participation in the State’s cap and trade program, and 4) the carbon offset rate, which represents the cost of buying offsets for the City’s Carbon Neutral Gas Portfolio. These four charges are discussed at the end of this Study. The starting point for the current study was the COSA that EES performed for FY 2019-2020 (COSA 2020). The City updated that COSA model for FY 2020-2021 (COSA 2021), with some assistance by EES. Since then, the City has implemented distribution rate adjustments by uniformly adjusting distribution rates using the percent change in distribution revenue requirement; thus, distribution rates since 2021 have reflected the COSA 2020 analysis framework. This Study is a comprehensive update to the 2020 COSA. All Study assumptions and inputs have been updated and new rate designs incorporated into the recommendations. EES also modernized and streamlined the COSA model to facilitate future updates. EES worked closely with the City’s technical staff and management to refine data inputs for gas sales and updated expenses, and assets. EES had no issues obtaining appropriate data responses or clarification when necessary and commends the transparency of the process and the capability of internal resources. 1.1 SYSTEM DESCRIPTION The City’s gas utility serves approximately 23,500 customer accounts over an area of approximately 26 square miles. The gas utility is responsible for the operations and maintenance of the distribution system, and it purchases all of its gas from outside suppliers. Total gas consumption in the City forecasted for FY 2025-2026 is 25.8 million therms. EES expects sales to continue near their current weather-adjusted level of 25 to 26 million therms per year and near the current volume of services. Table 1-1 shows the number of services and annual gas use for each rate class. 1 July 2025 through June 2026. Attachment F Item #3     Packet Pg. 83     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 2 TABLE 1-1: NUMBER OF SERVICES UNDER CURRENT RATE SCHEDULES AND FORECASTED ANNUAL USE IN FY 2025-2026 Rate Schedule Services Annual Use, therms G1 Residential 21,255 9,762,524 G2 Residential Master Metered and Commercial 2,193 11,506,051 G3 Large Commercial 30 4,510,914 Total 23,477 25,779,489 Gas utility rate schedules consist of a fixed monthly service charge and volumetric rates. The Monthly Service Charge ($/meter/month) and Distribution Charges ($/therm) vary by rate class. Volumetric charges are used for both commodity purchases and recovery of variable distribution costs. Table 1-2 summarizes the rate classes and current rate design for the distribution portion of the rate schedule. It does not include volumetric supply charges: Commodity Charge (Monthly Market Based), Cap and Trade Compliance Charge, Transportation Charge and Carbon Offset Charge. TABLE 1-2: CURRENT DISTRIBUTION RATE DESIGN Utility Rate Schedule Description Current Rate Design G1: Residential Separately metered: Single-family residential customers Multi-family residential customers 2-Tier Volumetric Charge with seasonal lower-cost tier 1 quantities Tier 1 Summer:1 20 therms/30-day-billing Tier 1 Winter: 60 therms/30-day-billing G2: Residential Master- Metered and Commercial (“Small Commercial”) Commercial customers who use less than 250,000 therms per year at one site, and master-metered residential customers in multifamily residential Volumetric Charge, $/therm G3: Large Commercial least 250,000 therms per year at one 2 Volumetric Charge, $/therm 1. Summer rates effective April 1 through October 31. Winter rates effective November 1 through March 31. 2 In addition to these standard rate classes, CPAU provides CNG service under the G10 rate schedule. The CNG customer receives service using specific facilities. The service provided has not changed since the previous cost of service study, and the cost to serve the G10 customer has increased at the same rate as for the distribution expenses overall. For this reason, the G10 rate should be adjusted by the average system increases. For FY 2025-2026, the G10 rate should be increased 8.7%. Attachment F Item #3     Packet Pg. 84     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 3 1.2 RATE STUDY OVERVIEW The purpose of this report is to discuss the data inputs, assumptions and results that were part of developing the rate study. A comprehensive rate study generally consists of three separate, yet interrelated analyses. These three analyses include a revenue requirement, COSA, and rate design examination. 1. Revenue Requirement Analysis: This analysis examines the various sources and uses of funds for the utility, and it determines the overall revenue required to operate the utility. 2. Cost-of-Service Analysis (COSA): COSA is used to determine the fair allocation of the total revenue requirement to the various customer classes of service (e.g., residential, small commercial, large commercial). This analysis provides a determination of the level of revenue responsibility of each class of service and the adjustments from current revenues required to meet the cost of service. 3. Rate Design Analysis: The third analysis involves evaluating the rate design options available and designing rate schedules that can be applied to each rate class to collect revenues to cover the cost to serve customers in that class. 1.2.1 Revenue Requirement The first step in completing a rate study is to develop the revenue required from rates (revenue requirement). A revenue requirement analysis compares the overall revenues of the utility to its expenses and helps determine the need for an overall adjustment to rate levels. Over the course of the study period, the City prepared several financial analyses that included a forecast of FY 2025-2026 sales, revenues and expenses. The City has an in-depth accounting and data system that keeps track of ongoing and budgeted or approved expenditures. EES based the forecasts on projected FY 2026 expenses and sales estimates for the natural gas utility. For this COSA, EES maintained a cash-basis method for determining the City’s revenue requirement based on the City’s financial forecast. FY 2025-2026 natural gas commodity costs are included in City’s financial plan. However, these costs are adjusted monthly to pass through actual commodity rates charged to the City by its wholesaler. Therefore, commodity charges are not set based on the COSA; the COSA focuses narrowly on setting appropriate distribution charges for the year. Table 1-3 summarizes the FY 2025-2026 distribution revenue requirement totaling $41.3 million. At current rates, there is a revenue shortfall of $3.3 million. A rate increase of 8.7% to the distribution rate would collect the required revenue to meet distribution costs. Attachment F Item #3     Packet Pg. 85     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 4 TABLE 1-3: DISTRIBUTION REVENUE REQUIREMENT: FY 2025-2026 Revenue Requirement Distribution O&M $9,797,408 Customer Accounts and Services $3,208,008 Administration and General $5,002,927 Debt Service & CIP from Rates $8,339,643 General Fund Transfer $9,734,580 Total Expenses $36,082,566 Total Revenue Required from Rates (Revenue Requirement) $41,268,342 Revenues Based on Rates Currently in Effect $37,957,863 Total Required Rate Revenue Increase (Decrease) 8.7% 1.2.2 Cost of Service Analysis Cost-of-service is important for the fair allocation of the revenue requirement to the various customer classes of service. The revenue requirement shown in Table 1-3 for the City was functionalized, classified and allocated.  Functionalization is the attribution of each cost line-item to production (commodity), transportation, distribution, or shared services. This COSA evaluates only Distribution costs and distribution-related overhead.  Classification is the determination of whether the costs associated with a functionalized line item are most appropriately allocated based on energy use (therms), demand (maximum system capacity), or customer (simply having a service).  Allocation is the process of using the classification for each functionalized line item to assign costs to each customer class. For example, a cost item classified as “energy use” might be allocated based on annual therm use. This means that the line-item cost is directly correlated to the quantity of energy used by each customer class annually. This process is described in more detail in the section titled “Cost of Service Analysis.” Ultimately, the COSA process requires analysis of how each customer class contributes to the expenses incurred by the utility to provide service. Table 1-4 shows, by customer class, the revenue requirement and revenue change needed for FY 2025-2026. Attachment F Item #3     Packet Pg. 86     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 5 TABLE 1-4: DISTRIBUTION COSA RESULTS: FY 2025-2026 Projected FY 2025- Revenue FY 2025-2026 Deficiency/ Revenue G1 – Residential $16,311,063 $18,853,368 $2,542,305 15.59% $16,565,086 $16,568,614 $3,527 0.02% $5,081,713 $5,846,360 $764,647 15.05% Total $37,957,863 $41,268,342 $3,310,479 8.7% 1.2.3 Rate Design Recommendations The final step in the rate study process is to design rates for each class of service. In California, local governments are subject to Article XIII C of the California Constitution, as amended by Proposition 26. As a result, the City sets rates based on COSA results. The goal of rate design is to create rates that recover costs from customers within each class according to the utility’s respective cost of providing service. The basis for each rate design recommendation is provided in this section followed by the recommended rates. All rate classes are charged a monthly service charge and volumetric charge to recover distribution costs. EES is not recommending changes to this basic rate design structure, except for a refinement in the development of the Monthly Service Charge for G2 based on additional analysis of that class’s usage and costs – Section 1.2.3.2, Commercial provides more details on this change. 1.2.3.1 Residential The G1 distribution rates consist of a monthly service charge and volumetric tier rates: the Tier 1 rate applies to usage up to the baseline quantity and the Tier 2 rate applies to all usage above the baseline. EES recommends no change to the G1 rate structure because it effectively recovers energy and demand or capacity costs incurred by the class. While the tier rates do not change between seasons, the baseline quantity above which Tier 2 rates apply does change and is higher in winter than in the summer because natural gas heat is more prevalent in the winter and causes higher consumption.3 This ensures that those customers contributing to higher seasonal demand are paying appropriately for their share of the demand-related cost in a tiered rate. EES evaluated the G1 tier rates using the Average and Excess (A&E) method (discussed in more detail in Section 3.4) and proposes a modest adjustment to the summer baseline from 20 to 23 therms per thirty- day billing period. 3 Usage above the Tier 1 baseline quantity is charged Tier 2 rate. The current quantity is 20 therms/30-day-billing in summer and 60 therms/30-day-billing in winter. Attachment F Item #3     Packet Pg. 87     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 6 Table 1-5 summarizes the costs to be recovered in each rate component for G1. TABLE 1-5: G1 RATES AND COST RECOVERY Rate Component Recovers The Following Costs: Monthly Service Charge Customer-related costs such as customer service, billing, and overhead adders Tier 1 Volumetric Rate Energy-related costs plus 54% of demand-related distribution unit costs* Tier 2 Volumetric Rate Energy-related costs plus 46% of demand-related distribution unit costs* *See calculations in Section 4.1.1. Residential (G1) Rate Design, Table 4-5. 1.2.3.2 Commercial EES recommends no change to the volumetric charge structure for the two commercial classes (G2 and G3). Within the commercial rate class, there are inherent size differences, in terms of physical space and energy use, related to the types of business. It is not appropriate to charge larger-usage businesses more through a volumetric tiered rate structure because the larger sized customers have sufficient minimum monthly consumption to account for variances in distribution costs on a per therm basis. For example, when comparing the minimum level of monthly consumption to the annual consumption, all commercial classes have minimum consumption over 59%, whereas residential minimum consumption by the same measure is only 36%. Therefore, tiered volumetric Distribution Charges for commercial classes are not necessary, but do have a place for the residential class. There is not a sufficient under-recovery of demand-related distribution costs from minimum volumes to warrant a tiered rate for commercial classes. This Study updated input, assumptions and calculations of fixed charges. The resulting changes proposed to the Monthly Service Charge for G2 are based on a refinement of cost functionalization developed in the study. This methodology and assumptions are detailed in Section 3. In addition to the methodology review, EES performed additional analysis on G2 meter capacity related costs by comparing the average consumption for various meter capacities. Fixed costs are generally higher for customers with larger capacity service because of the larger and more expensive equipment required to provide higher volume service. Based on the findings of this analysis, EES determined customer-related costs for three categories defined by meter capacity. Table 1-6 illustrates the recommended rate for the G2 class and the number of services within each G2 subgroup. With the recommended rates, G2 customers would be charged a Monthly Service Charge based on maximum meter capacity; customers with lower-capacity meters would pay a lower Monthly Service Charge than those with higher capacity meters. For example, a customer with a meter capacity of 200 standard cubic feet per hour (scfh) would pay the lowest Monthly Service Charge, at $29.06. For G3, the meter capacity of services is much more uniform within the rate class. Also, importantly, the meter costs associated with G3 consumption levels are similar. Attachment F Item #3     Packet Pg. 88     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 7 TABLE 1-6: G2 MONTHLY SERVICE CHARGES: FY 2025-2026 CPAU Approved Maximum Meter Capacity (scfh 4 Number of Monthly Service Charge Monthly Service Charge 1,134 $156.90 $29.06 942 $156.90 $94.94 116 $156.90 $417.62 While Table 1-6 shows the lower Monthly Service Charge for smaller G2 customers (defined as customers with meter capacity up to 220 scfh), Table 1-7 illustrates that this same group of customers should also receive an overall rate decrease. The column “Revenue Requirement” in Table 1-7 presents the total revenue requirement amounts (including fixed and variable costs) that correspond to the recommended Monthly Service Charges shown in Table 1-6 above. The recommended rates for G2 are provided in Section 1.2.4. TABLE 1-7: G2 REVENUES AND REVENUE REQUIREMENT: FY 2025-2026 CPAU Approved Maximum 2026 Revenues at Current Monthly Service Revenue Projected FY 2026 Revenue Change $2,948,824 $1,713,540 ($1,235,283) -41.9% Above 220 but Below 4,000 $7,685,399 $7,987,841 $302,442 3.9% 4,000 and Above $5,930,863 $6,867,232 $936,369 15.8% Total G2 $16,565,086 $16,568,614 $3,527 0.0% 4 All meters have a manufacturer-rated capacity and an approved for engineering maximum capacity. The CPAU approved capacity is typically slightly lower than the manufacturer maximum capacity due to connected characteristics and other variable conditions. CPAU approved maximum meter capacities in this staff report are all at an assumed pressure of 7 inches of water column (equivalent to 0.25 pounds per square inch). Attachment F Item #3     Packet Pg. 89     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 8 1.2.4 Rate Change Recommendations Table 1-8 provides a comparison of current rates and recommended rates for FY 2026, including the newly developed G2 Monthly Service Charge by meter capacity. TABLE 1-8: CURRENT AND RECOMMENDED RATES Current FY 2025-2026 Percent $16.93 $19.52 $2.59 15.3% For Winter: first 60 therms/30-day-billing For Summer: first 20 therms/30-day-billing (current); first 23 therms/30-day-billing $0.8229 $1.2274 $0.4045 49.2% For Winter: over 60 therms/30-day-billing For Summer: over 20 therms/30-day-billing (current); over 23 therms/30-day-billing $2.1043 $1.8972 -$0.2071 -9.8% $156.90 $78.00 -$78.90 -50.3% $1.0809 $1.2616 $0.1807 16.7% ≤ $156.90 $29.06 -$127.84 -81.5% $1.0809 $1.2616 $0.1807 16.7% $156.90 $94.94 -$61.96 -39.5% $1.0809 $1.2616 $0.1807 16.7% ≥ $156.90 $417.62 $260.72 166.2% $1.0809 $1.2616 $0.1807 16.7% $717.89 $1,713.67 $995.78 138.7% $1.0702 $1.1616 $0.0914 8.5% Attachment F Item #3     Packet Pg. 90     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 9 2 Revenue Requirement Development This section presents the development of the natural gas revenue requirement in the COSA study. Simply stated, a revenue requirement analysis compares the overall revenues of the utility to its expenses and determines the overall adjustment to rate levels required. 2.1 OVERVIEW OF THE CITY’S REVENUE REQUIREMENT METHODOLOGY The City utilizes the cash basis approach for determining its revenue requirement. The revenue requirement for the City’s natural gas utility includes the elements shown in Table 2-1. TABLE 2-1: ELEMENTS OF A CASH BASIS REVENUE REQUIREMENT + Operating Expenses  Natural Gas Supply Expense  Distribution O&M Expense  Customer Accounting Expenses  Administrative and General Expense + Capital Improvements Funded from Rates + General Fund Transfer = Total Revenue Requirement - Transfers from Reserves - Miscellaneous Revenue Sources = Net Revenues Required From Rates (or Net Revenue Requirement) In this basic analytical framework, the first step in determining the revenue requirement is to select a period over which to review revenues and expenses. This COSA uses a future fiscal year test period to correspond with the City’s budget year. The revenue requirement in this COSA reflects the City-provided financial forecast (budget) for FY 2025-2026. The next step in the analysis was to translate the City-budgeted costs into the system of accounts used by a natural gas utility. 2.2 SUPPLY COSTS While this Study does not include an analysis for gas supply costs, a summary of these costs is provided here for reference. As with most natural gas utilities, a major expense associated with operating the utility is the cost of natural gas supply. The City is projecting FY 2025-2026 gas supply costs at $25.8 million or 38 percent of the total FY 2025-2026 revenue requirement. Supply costs are charged to customers via four pass-through rate components. The following rate components are adjusted monthly to reflect actual costs: 1. Gas commodity: This represents the cost of buying gas in the market. 2. Gas transportation: This reflects the cost of transporting purchased gas from the delivery points to Palo Alto. 3. Cap and Trade compliance: This covers the cost of mandated participation in the State’s cap and trade program. 4. Carbon offset charge: This accounts for the cost of buying offsets needed to comply with the City’s Carbon Neutral Gas Portfolio Program. Attachment F Item #3     Packet Pg. 91     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 10 While the cost of natural gas supply is included in the COSA, it is treated as a separate category as the cost of natural gas supply is collected through separate rate components. A description of these separate rates is provided in Section 4.2. 2.3 DISTRIBUTION COSTS Total FY 2025-2026 revenue requirement for distribution is projected to be $41.3 million. Distribution operating expenses include the following (other expenses are discussed in Sections 2.4 through 2.7):  Physical system costs of $9.8 million. These costs include the operations and maintenance of distribution system infrastructure such as distribution mains, regulators and meters.  Customer service-related costs of $3.2 million. These costs include meter reading, billing, key account representatives and general customer service.  Administrative and general costs of $5.0 million. These costs include functions like accounting, purchasing, legal, and other administrative functions provided by the City’s General Fund staff, as well as Utilities Department administrative overhead, insurance, rent, and transfers to city non-enterprise funds for items such as utility building improvements and to other enterprise funds for items such as the gas utility’s share of Geographic Information System project costs. The customer service category includes $0.5 million in expenses for energy efficiency, conservation (demand side management), and low-income assistance programs. These expenses are incurred by the gas enterprise as part of a program established by the City pursuant to California Public Utilities Code Section 898. By virtue of this program, gas customers are exempted from a state surcharge that would otherwise be collected on utility bills pursuant to Public Utilities Code Section 890. The City’s energy efficiency and demand-side management programs reduce customer gas demand, and are designed to reduce the need for capital expenditures that would otherwise be needed to expand the capacity of the gas distribution system. 2.4 DEBT SERVICE AND RATE-FUNDED CAPITAL IMPROVEMENT PROGRAM (CIP) The City must cover its capital improvement projects (CIP) through either debt or cash from rates or through external sources such as grants or loans. For FY 2025-2026 the City has debt service payments of $0.8 million for past borrowings to fund CIP, specifically the 2011 Series A Utility Revenue Refunding Bonds. This bond issuance was to refinance the $18 million principal remaining on the Utility Revenue Bonds, 2002 Series A issued for the Gas and Water Utilities to finance various improvements to the distribution systems. The majority of CIP is funded from rate revenues. For FY 2026, the budgeted CIP is $7.5 million. This amount is in effect, partially offset by contributions made by new customers in the form of connection fees. The $0.7 million in connection fees is included in other revenues, which is further discussed below. Total FY 2025-2026 debt service and rate-funded CIP is $8.3 million before customer contributions. Attachment F Item #3     Packet Pg. 92     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 11 2.5 GENERAL FUND TRANSFER The City calculates the equity transfer from its natural gas utility based on a methodology approved by voters in November 2022.5 The General Fund Transfer is estimated to be $9.7 million in FY 2025-2026. 2.6 MISCELLANEOUS/OTHER REVENUES The City receives additional operating and non-operating revenues and contributions. These come in the form of interest revenues, connection fees and other miscellaneous service revenues. Interest revenues are interest earned on the utility’s reserves. Connection fees are contributions paid by customers to cover the cost of new facilities built on their behalf. For FY 2025-2026, the projection for these revenues and contributions is $0.7 million.6 These miscellaneous/other revenues are separate from fixed and volumetric charges for natural gas service and are therefore considered an offset to the total revenue required from retail rates. 2.7 TRANSFERS TO/FROM RESERVES In its FY 2025-2026 natural gas financial forecast, the City is anticipating that $5.9 million of rate revenues will need to be added to the reserves in FY 2025-2026 to restore both the operating and CIP reserves. The operating reserve balance is adjusted to meet future debt service requirements as projected from the City’s financial plan. Additionally, the City plans to make contributions to the CIP reserve fund to balance year-to-year fluctuations in CIP expenditures. The use of the reserve fund allows the City to have more stable and gradual rate increases over time. 2.8 SUMMARY OF REVENUE REQUIREMENT The City’s Distribution revenue requirement for the FY 2025-2026 test period is summarized in Table 2-2. A rate increase of 8.7% is required to meet projected FY 2025-2026 costs. 5 In November 2022, voters approved Measure L, amending the Municipal Code, Section 2.28.185, “Natural Gas Utility Transfer” states: “Each fiscal year the City Council may transfer from the natural gas utility to the general fund an amount equal to 18% of the gross revenues of the gas utility received during the fiscal year two fiscal years before the fiscal year of the transfer. At its discretion, the City Council may decide to transfer a lesser amount. The projected cost of the transfer shall be included in the City’s retail natural gas rates as part of the cost of providing gas service.” 6 Misc. Revenues also includes customer discounts and uncollectible bills. These items reduce the amount of funds needed to be collected from retail gas rate revenues because they are recovered from non-rate revenues including interest income from investments. Therefore, the total Misc. Revenues is the total non-rate revenue net of these expenses. Attachment F Item #3     Packet Pg. 93     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 12 TABLE 2-2: SUMMARY OF NATURAL GAS DISTRIBUTION REVENUE REQUIREMENT: FY 2025-2026 Revenue Requirement Distribution O&M $9,797,408 Total Expenses $36,082,566 Other Revenues -$689,111 Total Revenue Required from Rates (Revenue Requirement) $41,268,342 Revenues Based on Rates Currently in Effect $37,957,863 Additional Rate Revenue Needed without Gas Supply $3,310,479 Total Required Rate Revenue Increase (Decrease) 8.7% Attachment F Item #3     Packet Pg. 94     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 13 3 Cost of Service Analysis The objective of the cost-of-service analysis (COSA) is to allocate the costs in the revenue requirement to each customer class of service to determine the cost to serve those customers. An essential principle of cost allocation is the concept of cost-causation. Cost-causation evaluates which customer or group of customers causes the utility to incur certain costs by linking system facility investments and the operating costs to serve certain facilities to the way customers use those facilities and services. This section of the report discusses the general approach used to allocate the City’s costs and presents a summary of the results. 3.1 COSA DEFINITION AND GENERAL PRINCIPLES A COSA study allocates the costs of providing utility service to the various customer classes served by the utility based upon the cost-causal relationship associated with specific expense items. This approach is taken to develop a fair and equitable designation of costs to each class of service. The COSA allocates joint and common costs among the various classes using factors appropriate to each type of expense. The COSA is the second step in a traditional three-step process for developing natural gas service rates, after development of the revenue requirement but before designing rates. This COSA study is an embedded cost analysis. Embedded costs generally reflect the actual costs incurred by the utility and closely track the costs kept in its accounting records. There are three basic steps to follow in developing a COSA, namely: functionalization; classification; allocation. Functionalization separates costs into major categories that reflect the different services provided to customers and the types of assets used to provide those services. The primary functional categories for the City’s natural gas utility are supply and distribution. Classification determines the portion of each cost that is related to specific cost-causal factors, or “classifiers.” These classifiers might be demand-related (related to the class of service’s peak energy usage over a given period), energy-related (related to the total energy used by the class of service over a given period), or customer-related (costs incurred as a result of receiving service, regardless of the energy use or peak demand). Natural gas supply or commodity costs are related to the amount of natural gas purchased and are therefore considered energy-related. The distribution system is designed to extend service to all customers attached to the system and to meet both the peak day demand and the annual energy requirement of each customer, meaning that costs are both demand-related and energy-related. Some operational costs, such as billing, are generally customer-related. Costs can also be classified based on system revenues or directly assigned to a customer or group of customers if appropriate. Allocation of costs to specific classes of service happens after those costs have been classified. Allocation factors are chosen to allocate the costs assigned to each classification, and the share of costs allocated to each class of service are based on the class’s contribution to the specific allocation factor selected. For example, certain distribution costs might be classified as partially demand-related and partially energy- related. The demand-related costs could be allocated to the classes of service using each class’s contribution to the annual system peak day demand (the highest day for the system as a whole at any time during the year), while the energy-related costs would be allocated to classes based on their annual energy usage. In this example, the allocation factors are 1) each class of service’s contribution to the Attachment F Item #3     Packet Pg. 95     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 14 annual system peak day demand, and 2) the annual energy usage of each class of service. An analysis of customer requirements and usage characteristics is completed to develop allocation factors reflecting each of the classifiers employed within the COSA. 3.2 CITY NATURAL GAS DISTRIBUTION COSA METHODOLOGY 3.2.1 Functionalization As mentioned previously, this rate study addresses only the distribution portion of the City’s gas utility. As such, all costs included in the revenue requirement have already been functionalized as Distribution. Distribution services include all services required to transport the natural gas commodity from the point of interconnection across the City’s distribution system to end-users at their meters. 3.2.2 Classification and Allocation of Costs The classification and allocation factors used for each component of the rate base and revenue requirement are shown in Table 3-1 and Table 3-2 and are discussed in more detail below. (Rate base for the City’s natural gas utility consists of investment of physical assets. It includes general plant and distribution plant investment and is net of accumulated depreciation. EES typically relies on an audited fiscal year for rate base amounts, whereas revenue requirement is a forecasted future year.) Descriptions of each factor are included in Table 3-3. In general, this COSA employs the same methodology used in the 2020 COSA but with a few changes to allocation factors based on updated cost-causation themes. Distribution costs are classified into the following components: demand, energy, customer, and direct assignments. The demand component reflects the portion of costs driven by peak demand for natural gas. The energy component is related to costs incurred to provide the annual amount of gas to customers or groups of customers. The customer component covers the facility and operating costs that vary with the number of customers, such as meters and billing. Directly assigned costs are costs that can be attributed to just one or more rate classes. The following are the specific classifiers used for the City’s distribution function:  Demand. Demand-related costs are those that vary with the peak demand or the maximum rates of natural gas supply to classes of service. Customer and system demands for this analysis are measured in peak day therms. Demand costs are generally related to the size of facilities needed to meet a customer’s maximum daily demand. Generally, the rate base is allocated based on the Average & Excess method which involves a demand component (see Section 3.3). The allocated rate base is then used to allocate certain revenue requirement expenses.  Energy. Energy-related costs are those that vary with the total amount of natural gas consumed by customer class. Usage measured in therms is used in this portion of the analysis. Energy costs are the costs of consumption over a specified period of time, such as a month or year. Reserve contributions are an example of a cost item that is allocated to customer classes based on therms used. This ensures that each customer contributes to the reserve fund based on their use of the system.  Customer. Customer-related costs are those that vary with the number of customers. Customer costs are weighted to account for differences in the cost of providing services to those customers. For example, the service line and metering associated with serving a large commercial customer Attachment F Item #3     Packet Pg. 96     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 15 is more costly and requires substantially more work and material than that for a small residential customer. Customer service expenses are typically allocated to customers based on some measure of number of customers or weighted customer service factors based on the amount of time and complexity to provide service to different types of customers.  Direct Assignment. Some costs are directly assigned to specific classes of service. For example, costs associated with specific account representatives to large commercial customers are allocated directly to the G3 rate class. In exchange, G3 does not share in other customer service costs incurred by the other classes. The methodology for classification and allocation of the City’s rate base is summarized in Table 3-1. All line items in this table are functionalized as Distribution. Note that the rate base does not reflect the annual expenses associated with running the utility but instead reflects the capital investments made by the utility for the physical assets in the distribution system. The purpose of looking at the rate base in the COSA is to set the cost causation associated with the physical assets, which are then used to guide the allocation of the annual expenses. Working capital is traditionally added to cover the cash on hand needed to run the utility. An estimate of 1/8th of operating costs is typically used to reflect the lag time between revenue collections and accounts payable. Attachment F Item #3     Packet Pg. 97     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 16 TABLE 3-1: DISTRIBUTION RATE BASE Asset Description Asset Value FY 2021-2022 7 and Allocation Equip-Meters $12,334,716 Weighted by Meters and Total Distribution Plant $155,578,873 General Plant $1,910,425 Plant $2,911,310 Plant Total General Plant $4,821,735 Total Gross Plant in Service $160,400,608 Less: Accumulated Depreciation Total Accumulated Depreciation $53,646,292 Total Net Plant Working Capital: 1/8 Operating Costs $2,251,043 OMWOP Operation & Maintenance Expense TOTAL RATE BASE Constructions Working in Progress (CWIP) Total CWIP TOTAL RATE BASE plus CWIP Next, the methodology for classification and allocation for the City’s Natural Gas Distribution revenue requirement can be found in Table 3-2. More detail on the classification and allocation factor codes used in the classification and allocation process can be found in Table 3-3. 7 Fiscal year ending June 30, 2022 was the audited asset values available for the study period. Attachment F Item #3     Packet Pg. 98     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 17 TABLE 3-2: DISTRIBUTION REVENUE REQUIREMENT FY 2025-2026 Classification and Allocation Engineering Support 768,861 RBD Distribution Rate Base Operations & Maintenance 9,028,547 RBD Distribution Rate Base 9,797,408 Admin - Customer & Marketing $227,967 CUSTW Number of Services Weighted for Weighted for Weighted for Weighted for Total Customer Service, Accounts & Sales Administrative & General Administrative & General Salaries 8 Allocated Charges 9 Rents Transfers to Non-Enterprise Funds Transfers to Enterprise Funds 8 Administrative and General Salaries includes salaries and benefits for staff assigned directly to Gas Utility Administration. 9 Allocated charges are general costs incurred on behalf of all of the City’s utilities (water, wastewater, fiber, electric and gas) that are individually determined and allocated to each business line, as well as salaries and benefits allocated based on Capital Improvement Project cost centers. Attachment F Item #3     Packet Pg. 99     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 18 FY 2025-2026 Classification and Allocation $5,002,927 $18,008,343 Interest on Long-Term Debt $23,348 NETPLT Net Plant Principal on Long-Term Debt $778,250 NETPLT Net Plant System Improvement $7,538,046 NETPLT Net Plant $8,339,643 General Fund Transfer $9,734,580 REV Current Rate Revenues Reserves Contribution $5,874,887 therm Annual Energy (therms) $41,957,453 Customer Discounts 10 -$318,105 NETPLT Net Plant Connection Fees $700,000 NETPLT Net Plant Misc. Revenue and other contributions (Other) -$449,823 $625,693 Total Other Revenues REVENUE REQUIREMENT for COST ALLOCATION $41,268,342 Table 3-3 shows how each factor code classifies then allocates the costs to classes of service. The Average & Excess (AE) allocator is described in greater detail below the table. 10 This includes uncollectible accounts for bad debt, low-income rate assistance discounts, and pre-1970s retired employee discounts on utility bills at a primary residence. The low-income rate assistance discounts and pre-1970s retired employee discounts on utility bills at a primary residence are funded through non-rate revenues including interest income from investments. Attachment F Item #3     Packet Pg. 100     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 19 TABLE 3-3: NATURAL GAS DISTRIBUTION REVENUE REQUIREMENT Factor Code Factor Name Classification Allocation Basis AE Average and Excess 100% Demand An allocation of demand costs that calculates the difference between the peak demand and average demand – A more detailed explanation of the Average and Excess allocation framework is later in the Accounting/Metering w/o G3 accounting and metering but excluding G3 Rate Base 50% Energy 8% Customer based on the net book value of all shared services assets and other capital assets Gas Supply and A&G) 42% Energy Gas Supply and A&G expenses Rate Base 50% Energy based on the book value of all general plant (w/o General Plant & 50% Energy value of all capital assets (initial cost) 50% Energy 8% Customer value of all capital assets (initial cost less accumulated depreciation) assigned to Purchased Gas Supply) 42% Energy the cost of Purchased Gas Supply 3.3 AVERAGE & EXCESS (A&E) The Average and Excess method (A&E method) compares the baseline capacity and energy used (the “average,” or “baseline”) against the maximum capacity and energy used on a seasonal basis (the “excess”). This captures the level of system capacity required to serve the customer during peak times as opposed to average times. The previous COSA study functionalized and classified distribution system costs as 100% demand related, and then used each customer’s share of non-coincident peak demand to allocate those distribution costs across customer classes. As part of this study, EES revised the A&E method calculations because it recognizes that part of the system is built to serve the customer/energy use and part of the system was built to serve the demand Attachment F Item #3     Packet Pg. 101     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 20 component whereas the previous method primarily attributed system sizing entirely to demand. The revised A&E method classifies distribution system costs to demand and energy. Then costs are allocated to customer classes based on an estimate of average demand and maximum (excess) demand for each class. This current A&E method provides the basis for calculating fixed and variable unit costs. It also equitably determines residential Tier 1 and Tier 2 rates (described later). Based on monthly sales by customer class, the A&E method used in this Study makes the following assumptions: 1. Average demand represents the investment needed to serve the average customer in each class; 2. Excess use is the additional investment needed to serve customers with demands that vary by season. Those customers with higher excess use require a larger investment in the system compared with customers whose usage remains close to the minimum use year-round.11 The current A&E method assumes that the marginal costs of the distribution system do not decrease as capacity increases. The method also provides cost allocation across customer classes consistent with the average use of each class while still maintaining a cost obligation for classes where excess use varies significantly from average use. 3.3.1 Average & Excess Calculation The A&E method classifies (splits) distribution costs between energy and demand components. This classification recognizes that a portion of the distribution system is engineered to serve a customer with minimal use (energy). In addition, another portion of the distribution system investment is needed to meet customer maximum use (demand). In order to apportion the system between minimum use characteristics and maximum demand characteristics, we approximate this share of the system using the classification split as described below. Table 3-4 demonstrates the classification using a minimum average use and excess use method (the A&E method). Minimum average use is defined as annual use calculated assuming customer use is equal to the lowest monthly use year-round (this lowest therms/month/customer occurs in October for residential and November for commercial). As noted above, the minimum average use is used to approximate the share of distribution system needed to serve a customer within each class at their minimum level of consumption. Using this method, the relevant costs are then split between the share of the minimum average use (energy-related in row d) and share of excess demand (demand-related in row e). 11 A good example of this type of customer is an individually metered multi-family unit. These customers have low average use and the services needed for each unit are lower in cost (shared) compared with services needed to serve a single family home (not shared). Attachment F Item #3     Packet Pg. 102     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 21 TABLE 3-4: AVERAGE & EXCESS CLASSIFICATION Formula Total Annual Sales, Therms a 25,779,489 Minimum Average Use, Therms b 13,936,088 Excess Use, Therms c 11,843,401 Energy-Related d = b ÷ a 54% Demand-Related e = c ÷ a 46% Once classified as energy and demand costs, distribution system costs are allocated to customer classes. For the energy-related costs, the cost allocation is based on the customer class’ average use of the system. Average use is appropriate since it reflects annual usage characteristics while the minimum would reflect only the low season usage (summer). For demand-related, the cost allocation is based on customer class’ share of maximum use. The result is that all customers using the system will pay for their share of fixed distribution costs based on their usage level, and customers with higher variation in use (demand) will also pay their fair share of demand-related system costs. The recommended rate design within each class determines how these costs are recovered. 3.4 CUSTOMER CLASSES OF SERVICE Customer classes of service refer to the arrangement of customers into groups that reflect common usage characteristics or facility requirements.12 The classes of service used within this Study were as follows: Residential (G1); Small Commercial (G2); and Large Commercial (G3). The City also serves one Compressed Natural Gas (CNG) customer whose costs are paid by the City’s Public Works department; the costs and revenues for this City-owned service are part of the overall revenue requirement. These rates should continue to increase at system average rates as they have been over recent periods because the nature of service has not changed. Thus, it is reasonable that the CNG customer’s cost of service has increased at the same rate as the distribution expenses overall. 3.5 COST OF SERVICE RESULTS Given the key assumptions and updates discussed above, the COSA was completed. Tables 3-5 and 3-6 provide a summary of the Rate Base and Revenue Requirement amounts allocated to the various customer classes.13 These schedules are calculated by multiplying the applicable classification and allocation factors to each cost in the rate base and revenue requirement. 12 Breakpoints between or within rate classes are sometimes referred to as segmentation in rate making. 13 The rate base and revenue requirement tabs of the COSA model also show the rate base and revenue requirement allocated to each class of service. Attachment F Item #3     Packet Pg. 103     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 22 TABLE 3-5: DISTRIBUTION RATE BASE ALLOCATION RESULTS: FY 2025-2026 Asset Description Total G1 G2 Small G3 Large $12,334,716 $9,135,516 $2,878,448 $320,752 $59,109,371 $24,674,393 $25,111,143 $9,323,835 $2,729,148 $1,139,245 $1,159,411 $430,492 $976,067 $407,446 $414,658 $153,963 $77,559,779 $32,376,261 $32,949,339 $12,234,179 $2,869,793 $1,197,956 $1,219,160 $452,677 $155,578,873 $68,930,816 $63,732,158 $22,915,899 $1,910,425 $846,434 $782,597 $281,395 $2,911,310 $1,289,886 $1,192,604 $428,820 $4,821,735 $2,136,319 $1,975,201 $710,215 $160,400,608 $71,067,135 $65,707,359 $23,626,113 $49,833,503 $22,079,245 $20,414,062 $7,340,197 $3,812,789 $1,689,295 $1,561,891 $561,602 $53,646,292 $23,768,540 $21,975,953 $7,901,799 $106,754,316 $47,298,595 $43,731,406 $15,724,314 $2,251,043 $1,131,981 $820,532 $298,530 TOTAL RATE BASE Attachment F Item #3     Packet Pg. 104     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 23 TABLE 3-6: DISTRIBUTION REVENUE REQUIREMENT ALLOCATION RESULTS: FY 2025-2026 Plant Description FY 2026 Total G1 Residential G2 Small G3 Large Engineering Support 768,861 340,652 314,960 113,249 Operations & Maintenance 9,028,547 4,000,190 3,698,502 1,329,855 Total Distribution 9,797,408 4,340,842 4,013,463 1,443,104 Customer Service, Accounts, & Sales Admin - Customer & Marketing $227,967 $179,500 $41,741 $6,727 $465,537 $176,296 $207,781 $81,460 Total Customer Service $3,208,008 $2,199,184 $727,166 $281,658 $1,451,715 $730,023 $529,167 $192,525 Transfers to Non-Enterprise Funds Total Costs with A&G Interest and Debt Service Expense $23,348 $10,344 $9,564 $3,439 $778,250 $344,812 $318,806 $114,632 Total Debt Service /CIP Expense General Fund Transfer Reserves Contribution Revenue Requirement Before Other Revenues $41,957,453 $19,158,686 $16,850,905 $5,947,862 Customer Discounts -$318,105 -$140,940 -$130,310 -$46,855 Connection Fees $700,000 $310,142 $286,752 $103,106 -$449,823 -$199,299 -$184,268 -$66,256 $131,346 $58,194 $53,805 $19,347 $625,693 $277,220 $256,312 $92,161 Total Other Revenues NET REVENUE REQUIREMENT Attachment F Item #3     Packet Pg. 105     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 24 Table 3-7 provides a summary of the COSA results with the recommended revenue changes. These results are the basis for the recommended distribution charges provided in the next section. TABLE 3-7: DISTRIBUTION COSA RESULTS: FY 2025-2026 Projected FY 2026 Revenues Revenue 2026 Change $16,311,063 $18,853,368 $2,542,305 15.59% G2 – Small Commercial $16,565,086 $16,568,614 $3,527 0.02% G3 – Large Commercial $5,081,713 $5,846,360 $764,647 15.05% Total $37,957,863 $41,268,342 $3,310,479 8.7% Residential and Large Commercial classes require higher rate increases compared to the G2 class. EES compared this study with the previous analysis (FY 2019-2020) and found the following significant drivers for these results: 1. Overall, the FY 2025-2026 Distribution revenue requirement is 171% of the FY 2019-2020 revenue requirement. The increase is due to multiple years of significant inflationary pressures and planned fund contributions. 2. The allocation of the General Fund Transfer was updated from Net Plant to Revenue. As a result, G1 is being allocated a larger share of the General Fund Transfer. Despite the adverse impact on G1 rates, this update better aligns the expense item with cost since the General Fund Transfer is calculated based on gross revenues. 3. The Rate Base Allocation of Distribution assets was updated to reflect updated Average & Excess calculations. This change moved some asset value from G2 to G1 due to the greater variability in seasonal use by G1 customers. This allocation flows through to expense items allocated based on the same version of rate base, and it results in a larger share of expenses being allocated to G1 compared to the 2020 study and less cost being allocated to G2. 4. Customer allocators such as meters and services, and weighed customers, were updated to reflect current meter cost and billing cost information. These updates resulted in larger shares of expenses allocated to G1 and G3. 5. Average use for G1 and G3 are lower in FY 2025-2026 compared with FY 2019-2020. When average use is lower, fixed costs are spread across a smaller number of therms impacting the overall rate adjustment needed. In addition, all rate change aspects in this report are for distribution charges only and do not include changes to supply. When considering overall rate impacts, it is important to note that most of these rate changes are forecasted to be less than a 10% impact when considering combined commodity and distribution charges. Attachment F Item #3     Packet Pg. 106     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 25 4 Rate Design The final step in the rate study process is to design rates for each class of service or customer class. In California, local governments are subject to Article XIII C of the California Constitution, amended by Proposition 26 (2010). As a result, the City has set rates to match the COSA results for each customer class. It is important to note that the results of the revenue requirement and COSA study are based on forecasted load data estimates and usage pattern assumptions. Actual load and usage patterns may differ from forecast. For this Study, rates are developed based on the forecast loads and observed historical usage patterns for each customer class. The rates for the Residential and Commercial customers are designed to reflect the differences in costs among the various customer classes. The costs per customer class differ based on the seasonal shape of consumption (referred to as energy use) as well as the daily peak demand for each customer class. Differences in energy use by season and the level of peak demand have an impact on the utility’s need for distribution facilities and the costs to operate and maintain those facilities. 4.1 RECOMMENDED RATE DESIGN: DISTRIBUTION This section of the report reviews the present rate structures for the City and provides a comparison with the recommended rates based on this cost of service study. Table 4-1 summarizes the current rate design for each rate schedule and recommended rate design updates. As mentioned previously, the recommended rate design is the same as the current rate design with the exception of some updates and refinement as described below. TABLE 4-1: NATURAL GAS DISTRIBUTION RATE DESIGN RECOMMENDATION OVERVIEW Rate Schedule Current Rate Design Recommended Rate Design Residential G1 Fixed Monthly Charge Seasonal Tiered Rate with Inclining Blocks • service unit costs • Calculate tiered rates based on A&E cost allocation • Small Commercial G2 • service • Implement three separate fixed monthly charges Large Commercial G3 • service unit costs Table 1-8 in Section 1.2.3, Rate Recommendations, summarizes the current and FY 2025-2026 recommended rates for each class. The rate recommendations and bill impacts by rate class are provided below. 4.1.1 Residential (G1) The G1 distribution rates consist of a monthly service charge and volumetric tier rates: The Tier 1 rate applies to usage up to the baseline quantity and the Tier 2 rate applies to all usage above the baseline. While the tier rates do not change between seasons, the baseline quantity varies by season, and is higher in winter than in the summer because natural gas heat is more prevalent in the winter. This ensures that those customers contributing to higher seasonal demand are paying appropriately for their share of the Attachment F Item #3     Packet Pg. 107     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 26 demand-related cost. EES evaluated the current G1 Tier breakpoints using sales data for several test periods, based on the current rate design. EES confirmed that the winter baseline of 60 therms/30-day-billing still reflects of the winter average at 60 therms/30-day-billing: EES recommends continuing to set the winter baseline to 60 therms/30-day-billing. However, the data, more than not, suggest that the summer baseline should be increased from 20 to 23 therms/30-day-billing. Table 4-2 below shows the current baseline and average consumption values supporting EES recommendation. TABLE 4-2: BASELINE CALCULATIONS ASSESSMENT Tier 1 Baseline Assessment Therms/30-day-billing Summer Winter Current Baseline 20 60 Average Consumption FY 2022 Actual 22 60 FY 2023 Actual 24 70 FY 2024 Actual 21 53 Gas Forecast FY 2026 24 56 Average of 3 Historical Years and 1 Forecast Year 23 60 Summer Winter Recommended Baseline 23 60 Further, considering the costs that should be collected in Tier 1 vs. Tier 2 rates, EES used the same Average and Excess calculations applied to distribution rate base or plant to determine the amount the current rate design should collect at each rate. The excess calculation compares the difference between the minimum and maximum use to produce the excess portion of average and excess. Using the excess calculations, EES can determine how much Tier 1 baseline consumption is above minimum use and assign that portion of excess demand costs to the Tier 1 rate. The result includes 54% of demand costs in the Tier 1 rate and the remainder of demand costs assigned to the Tier 2 rate. Table 4-3 summarizes the costs to be recovered in each rate component for G1. TABLE 4-3: G1 RATES AND COST RECOVERY Rate Component Recovers The Following Costs: Monthly Service Charge Customer-related costs such as customer service, billing, and overhead adders Tier 1 Volumetric Rate Energy-related costs plus 54% of demand-related distribution unit costs Tier 2 Volumetric Rate Energy-related costs plus 46% of demand-related distribution unit costs This result indicates that the rate design, if appropriately balanced as proposed, collects distribution system costs between the tiers based on how those costs are classified and allocated in the COSA and the seasonal Tier 1 baseline quantities. The recommended volumetric rates for Residential are based on the volume of therms in each tier and the relative share of demand-related distribution costs. Based on the baseline usage, or Tier 1 allocation, 54% of G1 consumption is within the Tier 1 (6.9 million therms). This volume is compared with the minimum average use volume of 3.6 million therms. Minimum Average Use is the average volume of Attachment F Item #3     Packet Pg. 108     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 27 therms across all Residential customers per day multiplied by the number of days in a year (Table 4-4). TABLE 4-4: G1 MINIMUM AVERAGE USE Minimum Average Use/30-Day-Billing 14 therms Annual Minimum Average Use 14 therms × 12 30-day-billings x 21,255 meters = 3.6 million therms The current average Tier 1 volume on an annual basis is equal to 26 therm/30-day-billing which is significantly higher than the minimum of 14 therms/30-day-billing calculated for minimum use. Therefore, the Tier 1 volume also exceeds the annual minimum average use, and EES determined that a share of demand-related costs should be allocated to the Tier 1 rate. The share of demand-related costs to be collected in the Tier 1 rate is calculated by taking the share of Tier 1 consumption in excess of the Minimum Average Use, as shown in Table 4-5.14 TABLE 4-5: G1 TIER 1 DEMAND-RELATED COSTS Formula Total Annual G-1 Sales, Therms A 9,762,524 Minimum Average Use, Therms B 3,558,936 Tier 1 Use, Therms as proposed C 6,935,563 Tier 1 Use Exceeding Minimum Average Use, Therms d = c - b 3,376,628 Excess Use (Demand-Related), Therms f = a - b Share of Demand-Related Costs in Tier 1 Baseline g = d÷ f This methodology helps to align the tiered rates more closely to the cost of service for each block of service volume. If the Tier 1 baseline seasonal quantities are adjusted in the future, this analysis should be updated to reflect the new quantities. Table 4-6 shows the bill impacts for average customer use in summer and winter. 14 It is necessary to evaluate the minimum average use and compare those quantities to the Tier 1 quantities. If the Tier 1 quantity were equal to the minimum use, 100% of demand-related distribution costs should be collected through the Tier 2 rate. However, because the baseline Tier 1 quantity is approximately equal to average seasonal use, that average use includes some component of demand cost. Therefore, a portion of demand-related costs should be collected from the Tier 1 rate. Attachment F Item #3     Packet Pg. 109     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 28 TABLE 4-6: G1 BILL IMPACTS AT AVERAGE CUSTOMER USE, DISTRIBUTION ONLY At Current Recommended Therms/30- $43.83 $51.09 $7.26 16.6% 22.0 $92.54 $107.75 $15.21 16.4% 61.1 Table 4-7 shows the impacts for a range of customer bills under various low, median and high usage levels. TABLE 4-7: G1 BILL IMPACTS AT VARIOUS USAGE LEVELS, DISTRIBUTION ONLY Season Usage At Current FY 25 Rates At Recommended Bill Impact $/Month Bill Impact $33.75 $40.38 $6.64 19.7% $45.52 $54.99 $9.47 20.8% $79.70 $86.50 $6.80 8.5% $124.15 $127.84 $3.69 3.0% $68.69 $83.41 $14.73 21.4% $104.92 $128.14 $23.22 22.1% $180.07 $203.03 $22.96 12.8% $390.54 $399.00 $8.47 2.2% $70.27 $85.47 $15.20 21.6% 4.1.2 Small Commercial and Residential Master-Metered (G2) The current G2 distribution rate design is composed of a fixed monthly service charge and a volumetric charge. As described in Section 1.2, Rate Study Overview, EES performed a detailed analysis of G2 usage and costs and recommends a refinement in the development of the Monthly Service Charge for G2. Figures 4-1 and 4-2 show examples of usage and cost characteristic analysis. The fixed monthly service charge for a given rate schedule (customer class) is set to recover the customer- related costs allocated to that schedule. Weighted meter cost is a major factor used to allocate customer- related fixed costs to various rate schedules. This COSA uses updated meter costs that reflect latest available data on meter cost and associated capacity of installed meters. G2 is different from G1 and G3 in that its approximately 2,100 services have a much wider range of usage, as well as meter types and capacities. EES examined G2 meter types and corresponding average usage data to determine whether and how it can inform the development of G2 monthly service charge to better reflect customer-related fixed costs. Attachment F Item #3     Packet Pg. 110     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 29 Figure 4-1 shows how G2 meter capacity and associated average consumption. Size correlates to usage; as expected, larger meters have larger average usage.15 Larger meters require larger service lines (connecting the meter to the distribution system) and generally impose greater demand on the system. FIGURE 4-1: AVERAGE MONTHLY USAGE BY METER CAPACITY Moreover, EES observes distinct patterns and separations in average usage levels that support three G2 meter groupings based on maximum meter capacity. Figure 4-2 shows the distinct average usage levels associated with the following three groupings by maximum meter capacity (in standard cubic feet per hour or scfh). 1. Up to 220 scfh (≤ 220 scfh) 2. Above 220 scfh and below 4,000 scfh (> 200 scfh and < 4,000 scfh) 3. 4,000 scfh and above (≥ 4,000 scfh) 15 This is expected because meter capacity is sized to match the customer’s usage demand. City of Palo Alto, Utility Rule and Regulation 15, Section B.6: Meter Installations, Capacity of Meters, April 2023.pdf. Attachment F Item #3     Packet Pg. 111     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 30 FIGURE 4-2: G2 – AVERAGE MONTHLY USAGE BY METER CATEGORY Thus, EES recommends implementing a Monthly Service Charge based on the G2 service’s maximum meter capacity and calculates these charges using allocated costs that are based on each grouping’s weighted meter costs. The above three G2 meter ranges were chosen as a result of detailed examination of the distribution of usage across different meter types and capacities, according to summary data in Figures 4-1 and 4-2. The calculation for the volumetric charge applicable to all G2 usage remains unchanged. See Table 1-6, G2 Monthly Service Charges: FY 2025-2026, and Table 1-8, Current and Recommended Rates. Table 4-8 shows the G2 bill impacts for representative accounts in each G2 subgroup. Impacts for average use and for 50% of average use are provided. TABLE 4-8: G2 BILL IMPACTS At Current FY 2024-2025 FY 2025-2026 Average # of $629.59 $629.72 $0.13 0.0% 437 2,193 ≤ 1,134 Average Use $216.71 $98.87 -$117.84 -54.4% 55 50% of Average Use $186.81 $63.96 -$122.84 -65.8% 28   ˂ 942 Average Use $679.70 $705.15 $25.45 3.7% 484 50% of Average Use $418.30 $400.05 -$18.26 -4.4% 242   ≥ 116 Average Use $4,245.43 $5,189.76 $944.33 22.2% 3,783 50% of Average Use $2,201.16 $2,803.69 $602.53 27.4% 1,891   4.1.3 Large Commercial (G3) The present G3 rate design is composed of a monthly service charge and a volumetric charge. As noted earlier, this class generally has large capacity meters and a high consumption threshold for service. G3 Attachment F Item #3     Packet Pg. 112     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 31 rate schedule applies to commercial customers who use at least 250,000 therms per year at one site.16 This threshold, which defines the rate class, results in a group of customers with similar services, sizing requirements and usage characteristics. Therefore, it is not necessary to develop tiered rates or fixed charge variances within this class. No change is recommended in the overall design of these charges. For illustrative purposes, Table 4-9 presents the G3 bill impact at 20,833 therms, which is 1/12 of the annual threshold level for G3 service. TABLE 4-9: G3 BILL IMPACTS At Current FY FY 2025-2026 G3 Large Commercial $41,287.45 $44,186.73 $2,899.28 7.0% 4.2 SUPPLY CHARGES The primary focus of the rate study was the distribution charges which vary based on budgets and operating needs. The City also must pass through costs that vary based on external factors and market conditions. These appear in rate schedules as Supply Charges. Supply charges include the Commodity, Cap and Trade Compliance, Carbon Offset, and Transportation Charges. These charges are on a $/therm basis and require frequent updates due to the variable nature of the underlying costs. Currently, the City has a range included in the rate schedules. Table 4-10 shows the current ranges. TABLE 4-10: SUPPLY CHARGES Supply Charges $/therm 1. Commodity (Monthly Market Based) $0.10-$4.00 2. Cap and Trade Compliance Charges $0.00-$0.25 3. Transportation Charge $0.00-$0.30 4. Carbon Offset Charge $0.00-$0.10 EES examined both the current calculation of each charge and the basis for that calculation, as well as whether the charge should remain a pass-through with a range or not. EES does not recommend any changes to the Commodity charge range. For the Commodity supply charge, Council amended the Gas Utility Long-term Plan (GULP) Objectives, Strategies and Implementation Plan including collecting funds via a gas price mitigation adder to manage potential future short-term natural gas price spikes above the $4.00 per therm maximum charge (Resolution 10187, August 19, 2024). The Commodity charge range, therefore, is consistent with the Council-approved strategy. 16 Utility Rate Schedule G-3. Attachment F Item #3     Packet Pg. 113     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 32 The City’s gas utility is a covered entity under the California Air Resources Board (CARB) Cap-and-Trade program, in this programthe City is obligated to purchase allowances to cover all greenhouse gas emissions resulting from natural gas use within Palo Alto’s service territory. EES recommends eliminating the ranges for the Cap and Trade Compliance charge and instead converting this charge to a pass-through of the City’s actual costs because the City has little to no control over them, and they are largely non- discretionary. The Cap and Trade Compliance Charge is calculated based on the Cap-and-Trade program’s quarterly auction allowance closing prices. Likewise, EES recommends eliminating the ranges for the Transportation Charge and passing through these charges. The Transportation charge is the rate the City pays Pacific Gas and Electric Company (PG&E) to transport gas from the PG&E Citygate to the City of Palo Alto distribution system. PG&E is regulated by the California Public Utilities Commission. Palo Alto has no control over these charges and no alternatives for transporting gas to its distribution system. The Transportation Charge is based on PG&E’s wholesale tariff (G-WSL).17 Recently, the Transportation Charge exceeded the published range and the Council increased the upper limit on the Transportation Charge.18 This is likely to occur for both the Transportation Charge and the Cap and Trade Compliance Charges in the future. Because the true costs can vary outside of the ranges provided, the ranges do not appear to provide material value to customers. If the costs vary outside the upper limit of the range, the costs above the limit are paid for by the gas utility’s reserves unless the Council increased the upper limit. Updating the ranges with a wider spread would also provide less practical information to customers. Therefore, EES recommends eliminating the ranges for the Cap and Trade Compliance and Transportation charges. Two years of historical monthly values for the Transportation Charge and Cap and Trade Compliance Charge are posted publicly on the City’s website for reference.19 EES does not recommend changes to the Carbon Offset Charge range. In December 7, 2020 Council adopted Resolution 9930 amending the Carbon Neutral Gas Plan. This program is voluntary in the sense that it is a local program approved by the City Council rather than a compliance obligation imposed by the state or another governing body. The amended plan limited the purchase price of offsets to $19 per ton CO2e, consistent with the original maximum 10 cents per therm rate impact; therefore, the range is consistent with the Council-approved program. Second, EES recommends providing more detailed information on the source costs and calculation for all four of the supply charges. Recommended additions include language in Table 4-10. 17 https://www.pge.com/tariffs/assets/pdf/tariffbook/GAS_SCHEDS_G-WSL.pdf 18 On October 7, 2024, Council adopted Resolution 10190 increasing the upper limit on the Transportation Charge on all of the City’s gas rate schedules from $0.25 per therm to $0.30 per therm effective November 1, 2024. 19 Residential: https://www.cityofpaloalto.org/files/assets/public/v/25/utilities/rates-schedules-for- utilities/residential-utility-rates/monthly-gas-volumetric-and-service-charges-residential-3.pdf and Non-Residential and Residential Master-Metered: https://www.cityofpaloalto.org/files/assets/public/v/24/utilities/business/business-rates/monthly-gas-volumetric- and-service-charges-commercial-3.pdf Attachment F Item #3     Packet Pg. 114     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 33 Attachment F Item #3     Packet Pg. 115     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 34 TABLE 4-10: SUPPLY LANGUAGE Supply Charges Description 1. Commodity (Monthly Market Based) This charge is based on the monthly natural gas Bidweek Price Index for delivery at PG&E Citygate, adjusted to account for delivery losses to the customer’s meter. The Commodity Charge also includes adjustments to account for Council-approved programs implemented to reduce the cost of Gas, including a municipal purchase discount (Adopted via Resolution 9451, on September 15, 2014), and $0.055 per therm for mitigating the impact of short-term natural gas market price spikes. The Commodity Charge calculation formula is: PG&E Citygate Monthly Bidweek Price ($/MMBtu) + Gas Supplier Adder ($/MMBtu) – Municipal Gas Discount ($/MMBtu) × (1+ Distribution Loss Multiplier) + Gas Price Spike Mitigation Charge ($/MMBtu) ÷ 10 (conversion from MMBtu to therm) (MMBtu/therm) = Commodity Rate ($/therm) Where : PG&E Citygate Monthly Bidweek Price is the monthly price for PG&E Citygate as reported in the first issue of the month of Natural Gas Intelligence’s Bidweek Survey as published by Intelligence Press Inc. The Gas Supplier Adder is the premium or discount applied to the Bidweek Price Index, based on the City's actual transactions with its natural gas suppliers. The Distribution Loss Multiplier, updated annually, is calculated by the variances of gas supply purchases and gas retail sales for the past three fiscal years. 2. Cap and Trade Compliance Charge with the State’s Cap and Trade Program, including the cost of acquiring compliance instruments sufficient to cover the Gas Utility’s compliance obligations. The Cap and Trade Compliance Charge is adjusted in response to market conditions, retail sales volumes, and the quantity of allowances required. The calculation formula is based on carbon allowance auction prices and allowances needed to comply with state law. One allowance is equal to 1 metric ton (MT) of CO2. The Cap and Trade Compliance Charge calculation formula is: Most Recent Auction Price ($/MT CO2) x Number of Allowances Required (%) x (conversion from MT CO2 to therm) (MT CO2/therm) = $/Therm Where: Number of Allowances Required (%) = (Projected Emissions for Current Year - Palo Alto’s Allocated Allowances for Current Year) ÷ Projected Emissions for Current Year Attachment F Item #3     Packet Pg. 116     CITY OF PALO ALTO Natural Gas Cost of Service and Rate Study prepared by EES CONSULTING 35 3. Transportation Charge The Transportation Charge is based on the current PG&E G-WSL rate for Palo Alto, accounting for delivery losses to Customer Meters. The current rates are shown in this tariff https://www.pge.com/tariffs/assets/pdf/tariffbook/GAS_SCHEDS_G- WSL.pdf, provided by PG&E. Additionally, there is a distribution loss factor (updated annually), which is calculated by the variances of gas supply purchases and gas retail sales for the past three fiscal years. The Transportation Charge calculation formula is: PG&E G-WSL Transportation Charges ($/therm) - Cap and Trade Cost Exemption ($/therm) × (1+ Distribution Losses Multiplier) = Transportation Charge ($/therm) Where: The Distribution Loss Multiplier, updated annually, is calculated by the variances of gas supply purchases and gas retail sales for the past three fiscal years. 4. Carbon Offset Charge gases produced when Gas is burned. The Carbon Offset Charge will change in response to market conditions, sales volumes, and the quantity of offsets purchased within the Council-approved cap of $19 per MT CO2e, calculated annually. The Carbon Offset Charge calculation formula is: Weighted Average Cost of Carbon Offset ($/MT CO2) x (conversion from MT CO2 to therms) (MT CO2/therms) ÷ Annual Gas Sales (therms) = Carbon Offset Charge ($/therm) Where: Purchase Price of Carbon Offset ≤ $19/MT CO2e Attachment F Item #3     Packet Pg. 117     April 2, 2025 www.cityofpaloalto.org FY 2026 Gas Rate Proposal Utilities Advisory Commission Item #3     Packet Pg. 118     2 Residential Median Bill Projections (Bill $ and % change from prior year) 1)FY 2025 incorporates results of cost-of-service analysis 2)Gas rate in FY 2026 based on General Fund transfer of 18% of gross revenue in FY 2024; changes shown with commodity rates held constant; actual gas commodity rates vary monthly; FY 2026 incorporates results of cost-of-service analysis 3)Stormwater fees increase by CPI index annually per approved 2017 ballot measure (2.6% in FY 2025) 4)Based on projected FY 2025 monthly residential bill of $404 Item #3     Packet Pg. 119     3 Residential Median Bill Projections w/ Climate Credit (Bill $ and % change from prior year) 1)FY 2025 incorporates results of cost-of-service analysis 2)Gas rate in FY 2026 based on General Fund transfer of 18% of gross revenue in FY 2024; changes shown with commodity rates held constant; actual gas commodity rates vary monthly; FY 2026 incorporates results of cost-of-service analysis 3)Stormwater fees increase by CPI index annually per approved 2017 ballot measure (2.6% in FY 2025) 4)Based on projected FY 2025 monthly residential bill of $404 Climate Credit: One-time flat $73.20 credit to residential G-1 customers only. The total cost is about $1.6M from the Cap-and-Trade Reserve, enough to fund whole home electrification incentives for about 182 homes. Item #3     Packet Pg. 120     4 Proposal •5% overall rate increase in FY 2026, assuming no change in supply costs; •Cost of Service Analysis completed February 2025 – requires rate changes varying by customer class to match the cost to serve •22% ($15.20/month) increase for median residential customer Drivers •Reserve replenishment, labor, allocated charges, cross-bore program •Federal grant of $16.5 million expected to fund CIP work including main replacement •Gas General Fund Transfer in FY 2026 estimated at $9.735M, (18% of FY 2024 gross revenue) Compared with Preliminary Rates •Lowered overall revenue increase from 6% to 5% •Cost of Service Analysis results incorporated, residential and large commercial are expected to see increases Gas Rate Proposal Note: excludes supply-related rate changes Item #3     Packet Pg. 121     5 FY 2026 Rate Increase Drivers Calculation Notes: •Rate increases based on projected FY 2026 revenues apportioned by 4 -year average of actual costs •Rate increases apply to sales revenue; Revenue includes some non-rate revenue. This chart explains the rate increase drivers for the overall rate increase. Additional cost of service adjustments by customer class are required. Item #3     Packet Pg. 122     6 Gas Cost and Revenue Projections *FY25 Commitments and Reappropriations reserves balances for Operations and Capital Investment are anticipated to be utilized in FY26 and FY27 **Revenues and Expenses excludes Cap- and-Trade auction sales revenue, which goes directly to the Cap-and-Trade reserve ***The grant-funded $16.5M CIP project is anticipated to be under construction in FY26 and FY27 6 Item #3     Packet Pg. 123     7 Gas Operations Reserve Projections Item #3     Packet Pg. 124     8 Basic Cost of Service Methodology •First establish how much revenue you need •Then use consumption patterns to allocate costs among customer classes according to how they incur utility costs •CPA classes: G-1 (residential), G-2 (small commercial and multi- family master-metered), G-3 (large commercial) and G-10 (CNG Station) •Costs allocators include things like therms used, number of customers in class •Then design rates that provide prices that allocate costs to customers who consume in different ways. •Examples include tiered rates, seasonal rates, fixed charges, etc. Item #3     Packet Pg. 125     9 Prop 26 Considerations •Prop 26 (2010): State ballot initiative that amended the State Constitution •Gas and electric rates must represent the cost of service absent voter/ratepayer approval •Cost of service analysis is the record demonstrating that the rates are cost-based •Only applies to fees/charges imposed by local agencies (including gas/electric utility rates) – investor-owned utilities have all the latitude the CPUC will give them Item #3     Packet Pg. 126     10 Gas Bill Comparisons Proposed Rates FY 2026 ($/Mo.) Residential Commercial and Multi-Family Master-Metered Note: •FY 2026 rates calculated assuming no change to supply-related rates; PG&E transportation rates as of January 1, 2025 •FY 2025 rates calculated based on actuals and projected rates •PG&E bills are calculated using Climate Zone X •PG&E bills include a climate credit for residential •G-2 bills are calculated based on the median usages for each meter capacity group FY 2025 (Current) FY 2025 (Current) Item #3     Packet Pg. 127     11 Communication and Outreach Key Messages •Reasons for rate increases and benefits to customers •Competitive rates to other utilities and neighboring cities •What the City is doing to keep costs down •City programs and services to help customers keep utility bill costs low Outreach Strategies •Public Meetings: UAC, Finance, City Council •Digital Communication:website, social media, email newsletters, City blog, videos •Direct Mail: utility bill inserts,Proposition 218 notice, SFPUC rates postcard •Local Media Engagement: articles, interviews Utility bill insert about gas safety Installing new gas pipe for the Gas Main Replacement Project #24B Item #3     Packet Pg. 128     12 Recommendation The Utilities Advisory Commission recommends that the City Council adopt a resolution: 1. Approving the Fiscal Year 2026 Gas Utility Financial Forecast 2. Approving the transfer of up to $1.5 million from the Gas Utility Operations Reserve to the Distribution Rate Stabilization Reserve at the end of FY 2025 3. Approving the Natural Gas Cost of Service and Rate Study 4. Transferring up to 18% of gas utility gross revenues received during FY 2024 to the General Fund in FY 2026 5. Increasing distribution rates by 8.7% (for an estimated 5.4% increase to overall rates) for FY 2026 by amending Rate Schedules; a. G-1 Residential Gas Service, b. G-2 Residential Master-Metered and Commercial Gas Service, c. G-3 Large Commercial Gas Service, and d. G-10 Compressed Natural Gas Service Item #3     Packet Pg. 129     Item No. 4. Page 1 of 32 5 8 8 1 Utilities Advisory Commission Staff Report From: Kiely Nose, Interim Director of Utilities Lead Department: Utilities Meeting Date: April 2, 2025 Report #: 2411-3753 TITLE Staff Recommends the Utilities Advisory Commission Recommend that the City Council Adopt a Resolution, Approving the FY 2026 Electric Financial Forecast, including Transfers, Amending Rate Schedules E-1 (Residential Electric Service), E-2 (Residential Master-Metered and Small Non-Residential Electric Service), E-2-G (Residential Master-Metered and Small Non- Residential Green Power Electric Service), E-4 (Medium Non-Residential Electric Service), E- 4-G (Medium Non-Residential Green Power Electric Service), E-4 TOU (Medium Non- Residential Time of Use Electric Service), E-7 (Large Non-Residential Electric Service), E-7-G (Large Non-Residential Green Power Electric Service), E-7 TOU (Large Non-Residential Time of Use Electric Service), E-14 (Street Lights), E-16 (Unmetered Electric Service), E-EEC-1 (Export Electricity Compensation), and E-NSE-1 (Net Metering Surplus Electricity Compensation) RECOMMENDATION Staff recommends the Utilities Advisory Commission recommend that the City Council adopt a resolution (Attachment A): 1. Approving the Fiscal Year 2026 Electric Utility Financial Forecast shown in this staff report and attachments; and 2. Approving the transfer at the end of FY 2025 of up to $5 million from the Electric Utility Supply Operations Reserve to the Distribution Operations Reserve; 3. Amending Rate Schedules (Attachment B) effective July 1, 2025 (FY 2026): a. E-1 (Residential Electric Service) b. E-2 (Small Non-Residential Electric Service) c. E-2-G (Residential Master-Metered and Small Non-Residential Green Power Electric Service d. E-4 (Medium Non-Residential Electric Service) e. E-4-G (Medium Non-Residential Green Power Electric Service) f. E-4 TOU (Medium Non-Residential Time of Use Electric Service) g. E-7 (Large Non-Residential Electric Service) h. E-7-G (Large Non-Residential Green Power Electric Service) i. E-7 TOU (Large Non-Residential Time of Use Electric Service) j. E-14 (Street Lights) Item #4     Packet Pg. 130     Item No. 4. Page 2 of 32 5 8 8 1 k. E-16 (Unmetered Electric Service) to recover capital and maintenance costs for utility pole attachments and telecom conduit l. E-EEC-1 (Export Electricity Compensation) to reflect 2024 avoided cost, and m. E-NSE-1 (Net Surplus Electricity Compensation) to reflect current projections of FY 2026 avoided cost. EXECUTIVE SUMMARY The City of Palo Alto Utilities (CPAU) provides electricity, water, wastewater, natural gas, and fiber optic services to the Palo Alto community. The Public Works Department also provides refuse collection and processing for recycling, compost and garbage, wastewater treatment and stormwater management. The City’s primary goals are to manage these services in a way that ensures continued safe, reliable, environmentally sustainable, and cost-effective operations. The City is proposing rate increases this year for electric, natural gas, wastewater and water services. The stormwater management fee increase will occur per the Consumer Price Index (CPI) as approved by residents in a 2017 ballot measure. The City strives to be transparent with utilities customers about the reason for rate changes, including explaining the cost drivers, benefits to customers, what the City is doing to keep costs low for ratepayers, and the services and programs provided by the City to help customers keep utility bill costs low. Attachment E outlines CPAU’s plan for communicating rate changes to customers. Staff are presenting an overview of the financial forecast and rate change proposal for each utility service to the Utilities Advisory Commission (UAC) and Finance Committee prior to City Council review and approval in June 2025. The Electric Utility rate forecast proposes a 5.1% rate increase for FY 2026. Last year’s forecast projected 5% annual rate increases from FY 2027 to FY 2029. The updated forecast now projects a 6% increase in FY 2027, 8% increases in FY 2028 and FY 2029, and a 6% increase in FY 2030. Table 1 shows the proposed rate increases for FY 2026 through FY 2030. The drivers for this increase relative to last year’s forecast include a new warehouse and laydown yard for grid modernization, replacement of emergency generators, and an update to the General Fund Transfer forecast from $15.6 million to $17.4 million beginning in FY 2026. The General Fund Transfer increase is a result of the estimated grid modernization asset value increase (capital assets are an input to the Council-adopted General Fund Transfer methodology and when capital assets increase, General Fund Transfer also increases). Although the General Fund Transfer is funded by non-rate revenue, less non-rate revenue is projected to be available to pay for other costs with a larger General Fund Transfer and so a larger rate increase is necessary. The rate increases in the outer years of the forecast could change as the Council finalizes plans for debt financing grid modernization costs. In the current year, FY 2025, power supply costs are expected to be slightly lower than forecasted a year ago; the main driver for this shift is extremely high market prices for resource adequacy capacity and renewable energy credits, which have yielded higher wholesale revenues for the City. The City’s load (consumption) for the current year is projected to be about 10% higher than previously forecasted, but is then expected to be relatively flat over the next several years. Meanwhile, output from the City’s hydroelectric resources is projected to be roughly equal to Item #4     Packet Pg. 131     Item No. 4. Page 3 of 32 5 8 8 1 long-term average levels over the next few years. Hydroelectric revenue continues to be a large source of uncertainty in the City’s supply cost projections. In the next five years, staff expects increasing transmission access charges, rising renewable portfolio standard requirements, and tightening resource adequacy requirements to steadily increase electric supply costs. Capital spending and distribution system maintenance spending is rising due to grid modernization, fiber-related investments and an upgrade to the Hanover Substation which will benefit all electric rate payers. Staff expects grid modernization and related capital costs to be offset with a series of debt financing with the first bond issuance in FY 2026. Table 1: Current Year (FY 2025) and Projected Overall Rate Trajectory from FY 2026 to FY 2030 BACKGROUND ANALYSIS Past Trends Item #4     Packet Pg. 132     Item No. 4. Page 4 of 32 5 8 8 1 the electric system, and the cost of contract field crews to cover operational work due to challenges with filling vacancies and multi-year construction projects such as Foothills undergrounding and grid modernization. Table 2: FY 2024 Actuals vs. Prior Year’s Forecast ($000) Net Cost/(Benefit) Variance Type of change Higher revenues from higher load (5,083)Revenue increase Lower electric supply costs (7,897)Cost decrease Higher operational costs 8,799 Cost increase Lower than forecasted capital investment (28,074)Cost decrease Net Cost / (Benefit) of Variances (33,156) Projections Overview Item #4     Packet Pg. 133     Item No. 4. Page 5 of 32 5 8 8 1 Operations costs in FY 2025, other than public benefits and Low Carbon Fuel Standards (LCFS) expenses, are projected to be $5 million, or 7% higher than FY 2024 actuals. Allocated charges from other City departments are projected to increase 9% based on adopted FY 2025 budget numbers. Item #4     Packet Pg. 134     Item No. 4. Page 6 of 32 5 8 8 1 Figure 1: Electric Utility Revenues, Expenses, and Rate Changes: Staff conducted an updated load forecast for FY 2026, with forecast methodologies that incorporated weather patterns, economic factors, and historical trends. This forecast projected energy demand at 893,052 MWh and a peak load of 163 MW in FY 2026. This forecast also included a revised FY 2025 energy demand about 8% higher than last year’s forecast, at 902,133 MWh and 164 MW, driven largely by higher-than-expected sales in FY 2024. The main contributors of the increased demand include 10% growth in the E-7 rate class, driven primarily by a customer’s data center expansion, which added nearly 30 GWh to the load. This customer’s formalized capacity reservation agreement further adds 60 GWh annually and is included in this forecast. However, long-term trends show a gradual 1% annual decline over the last 20 years in load due to energy efficiency measures, rooftop solar adoption, and the loss of industrial users, partially offset by growth in building electrification and EV charging. Figure 2 shows the forecast of electricity consumption through FY 2044. Electricity consumption, which was depressed due to the economic effects of the pandemic, is assumed to recover to a level slightly above the long-term trend line (shown in the FY 2026 Forecast line). Potential factors that may offset declining sales include another potential data center project and Figure 2 shows a range of forecasts up to the FY 26 Forecast (high range) line. Building and vehicle electrification at a business-as-usual level is included in the FY 2026 forecast, but large increases in the pace of building and vehicle electrification could increase sales further as well. Demand forecasts are 14%6%8%0% 0% 35% 5%6%8% 8%6% 0 50 100 150 200 250 300 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Actuals Projection $ M i l l i o n s Fiscal Year Capital Investment Electric Commodity Operations Transfers Grid Modernization Debt Debt Service Revenue -5% Notes: 1)The 35% increase includes April 2022 activation of the Hydroelectric Rate Adjuster (HRA), a 5% base rate increase, and the January 1, 2023 increase of the HRA from $0.013/kWh to $0.048/kWh. 2) The 5% decrease include July 1, 2023 deactivation of the HRA and a 21% increase to the base rates to align with long-term expenses. 3) COS Study Adjustment of -6% to 9% Rate Change depending on usage levels -6% to 9% (2)(1) (3) Item #4     Packet Pg. 135     Item No. 4. Page 7 of 32 5 8 8 1 updated every year taking into account fundamental changes. Staff updates the forecast annually based on the most updated information for financial forecast purposes. Figure 2: Forecasted Electricity Consumption Item #4     Packet Pg. 136     Item No. 4. Page 8 of 32 5 8 8 1 Figure 3: Forecasted Electricity Peak Demand The Electric Utility receives most of its revenues from sales of electricity to Palo Alto customers, but about 20 to 25% comes from other non-rate revenue sources. Of these non-rate revenue sources, about 50% to 75% represents wholesale revenues – from surplus energy sales, surplus RA sales, and sales of RECs that are in excess of the City’s renewable portfolio standard (RPS) requirements. These revenues may offset electric supply purchase costs, smooth rate increases, or fund reserves or costs including the Electric General Fund Transfer and local decarbonization programs of the remaining revenues, the largest sources are interest income, customer connection fees for new or replacement electric services, and carbon allowance sales revenues associated with the State’s cap-and-trade program. Staff expects Cap-and-Trade allowance revenues to stabilize through the forecast period, but this revenue source is uncertain as the current regulations are set to sunset in 2030 unless reauthorized by the State. The California Air Resources Board (CARB) is in the process of updating Cap-and-Trade regulations to increase the stringency of the program and allowable uses by lowering the target emissions levels. A revised regulation is expected to be adopted in 2025, with implementation anticipated in 2026. Staff will update Cap-and-Trade related revenues projections when more information becomes available. Item #4     Packet Pg. 137     Item No. 4. Page 9 of 32 5 8 8 1 The forecast for interest income assumes current interest rates continue, and there are no major reserve reductions aside from what is anticipated in this forecast. If interest rates rise, interest income could increase, and if reserves decrease (due to drought or a withdrawal from the Electric Special Projects (ESP) reserve for a major project), interest income would decrease. Expenses Item #4     Packet Pg. 138     Item No. 4. Page 10 of 32 5 8 8 1 Figure 4: Electricity Supply by Source Figure 5 and Table 3 show the actual and projected costs for the electric supply portfolio,1 and Figure 5 also shows average and actual hydroelectric generation.2 FY 2021 and FY 2022 had lower than average hydroelectric generation, while FY2024 had higher than forecasted generation. Starting in FY 2023 (in the FY 2024 Electric Utility Financial Plan) staff lowered its projection of an average hydroelectric year to more closely align with the past 10 years of historical averages. Renewable energy costs have stayed relatively flat as one renewable energy contract ended while another renewable project came online to fulfill the City’s carbon neutral and RPS goals. The current market outlook is uncertain for newer renewables projects because of headwinds from supply chain issues and interconnection delays, along with the potential for new trade tariffs and reduced federal subsidies. CAISO transmission access charges are projected to continue to increase as transmission lines are built throughout California to accommodate new renewable projects. In total, staff projects net electric supply costs to increase from an average of about $86 million from FY 2022 through FY 2025 to about $117 million by FY 2030. 1 Costs are shown net of wholesale revenues and cannot be directly compared with the electric supply purchase figures shown in Attachment C: Electric Utility Financial Forecast Table. 2 Average hydroelectric generation based on the currently inactive E-HRA rate schedule. -40% -20% 0% 20% 40% 60% 80% 100% 120% 140% 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Actuals Projection % S h a r e Fiscal Year Net Market Purchases/Sales Hydroelectric Renewable Item #4     Packet Pg. 139     Item No. 4. Page 11 of 32 5 8 8 1 Figure 5: Electric Supply Portfolio Costs FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 Net Market Purchases / (Sales)(20,417)(9,146)(12,684)410 1,632 6,116 10,141 Renewables 33,794 36,196 37,489 38,805 40,283 38,078 35,402 Hydroelectric Costs 18,690 18,819 20,686 21,089 20,434 20,208 20,818 Transmission 30,093 28,559 29,120 30,768 32,844 35,042 37,137 Other Costs 6,349 10,000 17,070 6,111 8,668 12,518 13,529 68,509 84,430 91,682 97,182 103,861 111,961 117,028 0 100 200 300 400 500 600 700 -40 -20 0 20 40 60 80 100 120 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Actuals Projection Hy d r o e l e c t r i c G e n e r a t i o n ( G W h ) Su p p l y C o s t s ( $ M i l l i o n ) Fiscal Year Net Market Purchases / (Sales) Other Costs Renewables Hydroelectric Cost Transmission Average Hydro Generation Actual/Projected Hydro Generation Item #4     Packet Pg. 140     Item No. 4. Page 12 of 32 5 8 8 1 Operations •Administration, including financial management of charges allocated to the Electric Utility for administrative services provided by the General Fund and for Utilities Department administration, as well as debt service and other transfers (for example, transfers to General Fund to pay for communications dispatch, fire training, graffiti removal from poles and boxes, and Office of Emergency Services emergency response). Additional detail on Electric Utility debt service is provided in the Debt Service section below •Customer Service •Engineering work for maintenance activities (as opposed to capital activities) •Operations and Maintenance of the distribution system; •Resource Management and Demand Side Management; and •Transfers including the General Fund Transfer, transfers to the City’s capital project fund, and technology fund. Item #4     Packet Pg. 141     Item No. 4. Page 13 of 32 5 8 8 1 Figure 6: Electric Utility Operational Costs 0 20 40 60 80 100 120 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Actuals Projection $ M i l l i o n s Fiscal Year Resource Management Demand Side Management Administration Operations & Maintenance (including Engineering) Customer Service Transfers Item #4     Packet Pg. 142     Item No. 4. Page 14 of 32 5 8 8 1 Capital Improvement Program Table 4: Electric Utility CIP Spending ($000) Item #4     Packet Pg. 143     Item No. 4. Page 15 of 32 5 8 8 1 applied to those FY 2025 actual capital costs for grid modernization and related projects (see Council staff report 2411-3805,3 December 16, 2024 for a detailed discussion and accompanying Resolution 102094). Figure 7: Projected Funding Plan for Grid Modernization Project The Electric Utility has previously pledged reserves and net revenue as security for non-electric bond issuances listed in Table 5 even though the Electric Utility is not responsible for the debt service payments. The Electric Utility’s reserves or net revenues would only be called upon if the responsible utilities are unable to make their debt service payments. Staff does not anticipate that this will occur. These pledges have not impacted electric rates. Staff projects that the Electric Utility’s net revenues in each future year will exceed 125% of debt service (see Attachment C, Utility Financial Table, line 71). 3 Staff report 2411-3805 “Adoption of a Resolution of Intention to Reimburse Expenditures for the Grid Modernization and Related Projects of the Electric Utility System Infrastructure from the Proceeds of the Tax- Exempt Utility Revenue Bonds.” https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=83165 4 Council Resolution 10209 (Dec. 16, 2024) https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=62094 -30 -10 10 30 50 70 90 2025 2026 2027 2028 2029 2030 Projection $ M i l li on Fiscal Year Debt-Funded Rate/Reserve-Funded Budgeted Project Expense Annual Debt Service $86M Issuance $100M Issuance Item #4     Packet Pg. 144     Item No. 4. Page 16 of 32 5 8 8 1 Table 5: Other Issuances Secured by Electric Utility’s Revenues or Reserves 2009 Water Revenue Bonds (Build America Bonds)Water $1,977*No Yes 2011 Utility Revenue Refunding Bonds, Series A Gas Water $1,457 No Yes *Net of Federal interest subsidy The Electric Utility currently has two primary contingency reserves, the Supply Operations Reserve and the Distribution Operations Reserve. In addition, the Electric Utility has a Hydro Stabilization Reserve, an Electric Special Projects (ESP) Reserve, and a Capital Reserve. Reserve funds may be utilized with Council approval. There are a variety of risks associated with the Supply Fund related to resource generation variability, market price volatility, transmission cost increases, and regulatory changes to market rules. Because of the high range of uncertainty in energy price predictions more than three years into the future, this risk assessment is only performed for the first two fiscal years of the forecast period. It is important to note that the likelihood of all these adverse scenarios occurring simultaneously, and to the degree described in Table 6, is very low. Item #4     Packet Pg. 145     Item No. 4. Page 17 of 32 5 8 8 1 Table 6: Electric Supply Fund Risk Assessment Of the risks faced by the Electric Utility’s Supply Fund for FY 2027, the largest risk would be facing a dry year with very low hydroelectric output, accounting for one third ($7.6 million) of all the adverse cost uncertainty. Since the utility’s costs for its hydroelectric resources are almost entirely fixed, costs do not decline when the output of those resources are low, but the utility needs to buy power to replace the lost output. The converse happens when hydroelectric output is higher than average. Of the remaining risks for FY 2027, $5.2 million or 20% is related to potential transmission cost increases above staff’s current forecast. $4.4 million or 17% is related to the potential that total load (and the associated retail sales revenue) may be lower than projected. Other risks are related to production from the City’s renewable contracts and market prices for purchases and sales of energy and resource adequacy (Items 3, 4, 5, 6, and 7 above), totaling $5.6 million or 22%. As shown in Figure 8, staff anticipates the Supply Operations Reserve will remain within guideline levels throughout the five year forecast period. Note that the high reserve level in FY E O E O F F 1 L 3 4 2 H C 5 7 3 W 1 1 4 0 0 5 2 1 6 2 - 7 5 1 8 5 5 9 1 1 1 1 1 1 0 0 1 S 0 0 2 2 C U Item #4     Packet Pg. 146     Item No. 4. Page 18 of 32 5 8 8 1 2023 is related to one-time revenues including a $24M refund from the successful litigation against the Bureau of Reclamation for overcharges related to power purchases from the Central Valley Project. These funds were redistributed to other purposes in FY 2024, with those transfers resulting in a reduction in the Supply Operations Reserve. Figure 8: Electric Supply Operations Reserve Adequacy Reserve Maximum Reserve Target Reserve Minimum 0 10 20 30 40 50 60 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Actuals Projection $ M i l l i o n s Reserve (Year-End) Item #4     Packet Pg. 147     Item No. 4. Page 19 of 32 5 8 8 1 Table 7: Electric Distribution Fund Risk Assessment ($000) Total non-commodity revenue 77,592 85,849 88,142 88,744 92,892 94,459 Max. revenue variance, previous 10 yrs 8%8%8%8%8%8% Risk of revenue loss 6,124 6,776 6,957 7,004 7,331 7,455 CIP Budget 21,066 - 15,297 23,796 19,172 15,804 CIP Contingency @10% 2,107 - 1,530 2,380 1,917 1,580 8,231 6,776 8,486 9,384 9,249 9,036 In last year’s Financial Plan, staff proposed various reserve transfers to manage a one-year cash flow issue related to the grid modernization project. Council approved certain transfers recommended in last year’s Financial Plan in FY 2024 and FY 2025. At year end FY 2024, staff evaluated the reserve levels based upon actual FY 2024 results and completed necessary transfers within the Council approved levels. Following is a list of each of the transfers Council approved for FY 2024 followed by a discussion of the actual transfers completed in FY 2024. No transfer was necessary from the Electric Special Projects Reserves to the Supply Operations Reserve. Furthermore, the Electric Utility Supply Operations Reserve was able to repay $2.5 Reserve Maximum Reserve Target Reserve Minimum Risk Assessment -10 -5 0 5 10 15 20 25 30 35 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Actuals Projection $ M i l l i o n s Reserve (Year-End) Item #4     Packet Pg. 148     Item No. 4. Page 20 of 32 5 8 8 1 million of an earlier $10 million loan from the Electric Special Projects Reserve in FY 2024. The current balance of the Electric Special Projects Reserve is $22.6 million. This Financial Forecast proposes the Electric Utility Supply Operations Reserve to repay the Electric Special Projects Reserve the remaining $7.5 million of the internal loan in FY 2025. Council also approved a transfer of up to $30 million from the Supply Operations Reserve to the Electric Special Projects Reserve in FY 2025 so no further Council action is necessary for staff to complete this transfer (Resolution 101785). Additionally, this forecast reflects repayments of $1 million per year from FY 2026 through FY 2030 to the Electric Special Projects Reserve for loans to the water and gas utilities for AMI investments. 2)Up to $17 million from the Supply Operations Reserve to the Hydroelectric Stabilization Reserve Staff completed the $17 million transfer from the Supply Operations Reserve to the Hydroelectric Stabilization Reserve in FY 2024. The Hydroelectric Stabilization Reserve balance is $17.4 million, approaching the reserve’s target level of $19 million. This level will allow the City to avoid activating the hydroelectric rate adjuster if upcoming winters are drier than average. The Electric Utility was in a position to make this transfer because of one-time sales revenues and supply cost savings in FY 2024 related to high hydroelectric generation resulting from the rainy winter of 2022/2023. In addition, market conditions enabled the utility to realize higher than usual sales revenue related to favorable hydrological conditions and high resource adequacy market prices. 3)Up to $58 million from the Supply Operations Reserve to the Distribution Operations Reserve Staff completed a $42 million transfer from the Supply Operations Reserve to the Distribution Operations Reserve. Attachment C, Electric Utility Financial Details table shows the FY 2024 year- end Electric Operations Reserve (Supply and Distribution combined) is $32.2 million, which is approximately equal to the minimum guideline range. Figures 8 and 9 show the actual and projected reserve balances for each of these reserves. In FY 2025, staff proposes a transfer of up to $5 million from the Supply Operations Reserve to the Distribution Operations Reserve. The purpose of this transfer is to manage the Distribution Operations Reserve level given the short- term cash flow issue related to the grid modernization project. The debt issuance is not scheduled until FY 2026 while some of the CIP work will occur in FY 2025 and will temporarily be funded by the Electric Utility Distribution Operations Reserve. Additionally, in accordance with the Electric Utility Reserve Management Practices (Attachment D), staff transferred $1.9 million from the Supply Operations Reserve to the Cap and Trade Reserve based upon actual Cap and Trade costs and revenues. The City maintains a Cap and Trade Program Reserve within the Electric fund to hold any revenues from the sale of carbon allowances freely allocated by CARB to the Electric Utility that are not spent within the fiscal year. Cap and Trade Program revenues are provided to the Electric Utility to support a wide variety of carbon reducing activities. Until the establishment of the REC Exchange program, adopted by Council in 5 Resolution 10178, June 17, 2024, https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=62050 Item #4     Packet Pg. 149     Item No. 4. Page 21 of 32 5 8 8 1 August 2020 (Staff Report #11556),6 all of this Cap and Trade Program revenue was spent on purchasing renewable energy and none was held in reserve. In accordance with Council’s August 2020 direction, the City began selling City-owned renewable energy (Category 1 RECs, which mostly represent in-state renewable energy) and replacing them with purchased Category 3 RECs, which represent mostly out-of-state electricity. This exchange takes advantage of market conditions to reduce supply costs, fund electric utility programs and capital investment, and raise funds for local emissions reduction. On December 12, 20227 Council approved continuation of the program with 100% of revenue going to local emissions reduction. In accordance with Council policy, staff will fund the Cap and Trade Program Reserve with unspent revenues from the sale of carbon allowances freely allocated to the electric utility in an amount equal to 100% of each FY’s Renewable Energy Credit (REC) Exchange program revenues, currently estimated to be between $0.7 million and $1.7 million going forward, for future local decarbonization projects. Last year’s financial plan amended the Electric Utility Reserve Management Practices to direct staff to transfer any unspent CIP budget that is not reappropriated or encumbered at the end of each fiscal year to the CIP Reserve. These represent ratepayer funds already collected for the purpose of CIP investment, and retaining them in the CIP Reserve allows the City to use them to fund future unanticipated CIP expenses (such as mid-year budget adjustments due to increased costs for specific projects) that were not included in a financial forecast. Last year’s financial plan also recommended, and Council approved, a transfer of up to $5 million from the Electric Distribution Operations Reserve to the CIP Reserve in FY 2025. The Capital Reserve balance is $0.9 million, which is below the minimum guideline range. Staff will evaluate the year-end results in FY 2025 and complete a transfer to the Capital Reserve to bring it up to the minimum guideline if this is feasible. Reserve Balance The Electric Utility also has a CIP Reserve for short term capital contingencies and as a place to set aside funds for large, one-time projects that the Utilities would otherwise need to debt-fund. Figure 10 below reflects the maximum and minimum CIP Reserve guideline levels, starting in FY 2018 through FY 2030. Because of the fluctuating annual dollar amounts and timing of CIP projects budgeted to occur during the forecast period, as well as the potential for new ongoing projects to be included in the CIP plan in later years, four years of budgeted CIP are used to calculate the reserve maximum levels. The minimum CIP Reserve level is 20% of the maximum CIP Reserve guideline level. Last year’s Financial Plan recommended to fund the CIP Reserve to its minimum level by the end of FY 2025, and Council approved a $5 million transfer in FY 2025 for this purpose. Staff will 6Staff Report 11556 https://www.cityofpaloalto.org/civicax/filebank/documents/78046 7December 12, 2022 Staff Report #14375 https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=82045 Item #4     Packet Pg. 150     Item No. 4. Page 22 of 32 5 8 8 1 complete the transfer based on FY 2025 actual results, however, this forecast does not include funds for this transfer based upon current projections. Figure 10: Electric CIP Reserve Adequacy Reserve Minimum Reserve Maximum -5 0 5 10 15 20 25 30 35 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Actuals Projection $ M i l l i o n s CIP Reserve (Year-End) Item #4     Packet Pg. 151     Item No. 4. Page 23 of 32 5 8 8 1 Figure 11: Electric Utility Reserves (Supply Fund): Table 13 shows the projected balance of each of the Electric Utility reserves for the period covered by this Financial Forecast. See also: Attachment C: Electric Utility Financial Table Item #4     Packet Pg. 152     Item No. 4. Page 24 of 32 5 8 8 1 Table 12: Electric Utility Reserves Starting and Ending Balances, Revenues, Transfers To/(From) Reserves, and Reserve Guideline Levels for FY 2025 to FY 2030 ($000) *Includes funds of $43.895 million from the CIP Reappropriations and Commitments Reserves Item #4     Packet Pg. 153     Item No. 4. Page 25 of 32 5 8 8 1 Cost of Service Supplement - Unmetered Electric Service (E-16) Rate 8). EES recommends increasing this fee (also adopted by the Federal Communications Commission as a “safe harbor” rate in 2018) by the annual Consumer Price Index for All Urban Consumers in the San Francisco-Oakland-Hayward area since 2018. The recommended updated license fee is $329.44 per year per pole. 8 Staff Report #3133 https://www.cityofpaloalto.org/files/assets/public/v/1/agendas-minutes-reports/reports/city- manager-reports-cmrs/year-archive/2012/final-staff-report-id-3133_amendments-to-util-rate-schedule-e-16.pdf Item #4     Packet Pg. 154     Item No. 4. Page 26 of 32 5 8 8 1 Proposed Rates Bill Impacts The City adopted its current electric rates effective July 1, 2024. At that time, the City did not increase the overall revenue but did implement a series of rate adjustments by customer class in accordance with the City of Palo Alto Electric Cost of Service and Rate Study, completed by EES Consulting in April 2024.9 The current and proposed FY 2026 rates are reflected in Table 14 below: 9 Palo Alto Electric Cost of Service and Rate Study https://www.cityofpaloalto.org/files/assets/public/v/3/agendas- minutes-reports/reports/city-manager-reports-cmrs/attachments/2024-rates/electric-cosa.pdf TABLE 13: PROPOSED E-16 RATES Service Current Rate FY 2025 Proposed Rate FY 2026 C. Unmetered Electric Service 1.Customer Charge, $/month $9.00 $10.96 2.Energy Charge, $/kWh Same as E-2 Same as E-2 E. Misc Rates 1. Conduit License Fee, $/foot/year $1.94 $1.94 2. Processing Fee for Electric Conduit Usage Actual Cost Actual Cost 3.Pole Attachment License Fee, $/Foot/Year $29.511 $47.60 4.Processing Fee for Utility Pole Attachments, $/pole $55.00 $152.00 5.License Fee for mounting communication equipment including distributed antenna systems on utility poles, $/pole $270.00 $329.44 1.The current rate includes a small incremental increase of $2.80/year for each additional foot of leased space up to 4 feet. Item #4     Packet Pg. 155     Item No. 4. Page 27 of 32 5 8 8 1 Table 14: Current and Proposed Electric Rates E-1 (Residential) Tier 1 Energy ($/kWh)0.19461 0.20570 0.01109 5.7% Tier 2 Energy ($/kWh)0.21868 0.22944 0.01076 4.9% Customer Charge ($/month)4.64 5.15 0.51 11.0% E-2 & E-2-G (Small Non-Residential) Summer Energy ($/kWh)0.25210 0.26485 0.01275 5.1% Winter Energy ($/kWh)0.16414 0.17290 0.00876 5.3% Customer Charge ($/month)5.60 6.22 0.62 11.1% E-4 & E-4-G (Medium Non-Residential) Summer Energy ($/kWh)0.15387 0.16171 0.00784 5.1% Winter Energy ($/kWh)0.11018 0.11579 0.00561 5.1% Summer Demand ($/kW)45.29 47.59 2.30 5.1% Winter Demand ($/kW)23.73 24.94 1.21 5.1% Customer Charge ($/month)113.73 119.53 5.80 5.1% E-7 & E-7-G (Large Non-Residential) Summer Energy ($/kWh)0.13570 0.14262 0.00692 5.1% Winter Energy ($/kWh)0.08797 0.09245 0.00448 5.1% Summer Demand ($/kW)40.36 42.41 2.05 5.1% Winter Demand ($/kW)27.79 29.20 1.41 5.1% Customer Charge ($/month)520.80 547.36 26.56 5.1% Table 15 shows the impact of the proposed July 1, 2025 rate changes on the residential and non- residential bills for various consumption levels. The increase for all rate classes is about 5.1%. Item #4     Packet Pg. 156     Item No. 4. Page 28 of 32 5 8 8 1 Table 15: Impact of Proposed Electric Rate Changes on Customer Bills in FY 2026 Net Energy Metering Compensation Rates The City operates two Net Energy Metering (NEM) programs. Solar customers served by the City of Palo Alto's (CPAU) original NEM program, also called NEM 1, are compensated at retail rates for electricity they export to the grid, and solar customers served by the NEM successor program, or NEM 2 (effective after the City reached its NEM 1 cap at the end of 2017), are compensated at the Export Electricity Compensation (EEC) rate for exported electricity. Customers on the NEM 1 program who have chosen to have the value of any annual net generation they produced over the past 12 months credited back to their account do so under the Net Metering Net Surplus Electricity Compensation (E-NSE-1) rate. The Net Surplus Electricity Compensation rate represents the value of the City’s avoided cost or value of customer- generated electricity in Palo Alto, including compensation for the energy, avoided capacity charges, avoided transmission and ancillary service charges, avoided transmission and distribution (T&D) losses, and renewable energy credits (RECs), or environmental attributes. Staff proposes decreasing the E-NSE-1 rate to $0.1012/kWh based on updated avoided cost calculations reflecting declines in long-term electricity market prices expected to continue into the future. Under the City’s NEM successor program, participating solar customers in Palo Alto are billed at the current retail rate for electricity drawn from the grid, and receive a credit for electricity they export to the grid at the EEC rate. This compensation rate also reflects the avoided cost or value Item #4     Packet Pg. 157     Item No. 4. Page 29 of 32 5 8 8 1 of customer-generated electricity in Palo Alto, calculated on a forward-looking basis for the upcoming fiscal year. As shown in the table below, the current avoided cost for solar generation in Palo Alto is $0.1420/kWh, which is higher than the City’s projected avoided cost, which requires the proposed NEM compensation rate (E-EEC-1) to decrease to $0.1206/kWh. This decrease in the overall avoided cost is driven by changes in electricity market prices. Table 16 shows the current and proposed NEM Buyback rates effective July 1, 2025. Table 16: NEM Buyback Rates – Current vs. Proposed Bill Comparisons/Competitiveness Item #4     Packet Pg. 158     Item No. 4. Page 30 of 32 5 8 8 1 Santa Clara’s electrical system benefits from a higher load factor with a significantly larger commercial load compared to Palo Alto’s, resulting in a more efficient distribution system and lower rates. However, unlike Palo Alto, Santa Clara’s system is not 100% carbon neutral, as part of its electricity is generated from natural gas. Table 17: Residential Monthly Electric Bill Comparison (Effective 3/1/2025, $/mo.) Table 18: Commercial Monthly Electric Bill Comparison (Effective 3/1/2025, $/mo.) General Fund Transfer 10 Each year it is calculated according to the 2009 Council-adopted methodology and does not require additional Council action. Next Steps 10 For more detail on the ordinance adopting the 2009 transfer methodology, see CMR 280:09, Budget Adoption Ordinance for Fiscal Years 2009 and 2010; and CMR 260:09, Finance Committee Report explaining proposed changes to the General Fund Transfer methodology. Item #4     Packet Pg. 159     Item No. 4. Page 31 of 32 5 8 8 1 The City Council will consider adopting this Financial Forecast and rate adjustments as part of the FY 2026 budget review and adoption process in June 2025. If Council approves the proposed rate changes, the rates will become effective July 1, 2025. FISCAL/RESOURCE IMPACT POLICY IMPLICATIONS STAKEHOLDER ENGAGEMENT ENVIRONMENTAL REVIEW Item #4     Packet Pg. 160     Item No. 4. Page 32 of 32 5 8 8 1 The UAC’s review and recommendation to the Council on the FY 2026 Electric Financial Forecast and rate adjustments does not meet the California Environmental Quality Act’s definition of a project, pursuant to Public Resources Code Section 21065, thus no environmental review is required. ATTACHMENTS APPROVED BY: Item #4     Packet Pg. 161     * NOT YET APPROVED * Attachment A 1 027032125 Resolution No. ____ Resolution of the Council of the City of Palo Alto Approving the Fiscal Year 2026 Electric Utility Financial Forecast, and Amending Utility Rate Schedules E-1 (Residential Electric Service), E-2 (Residential Master-Metered and Small Non-Residential Electric Service), E-2-G (Residential Master- Metered and Small Non-Residential Green Power Electric Service), E-4 (Medium Non-Residential Electric Service), E-4-G (Medium Non-Residential Green Power Electric Service), E-4 TOU (Medium Non-Residential Electric Time of Use Service), E-7 (Large Non-Residential Electric Service), E-7-G (Large Non- Residential Green Power Electric Service), E-7 TOU (Large Non- Residential Electric Time of Use Service), E-14 (Street Lights), E-16 (Unmetered Electric Service), E-EEC-1 (Export Electricity Compensation), and E-NSE-1 (Net Metering Surplus Electricity Compensation) R E C I T A L S A. Each year the City of Palo Alto (“City”) regularly assesses the financial position of its utilities with the goal of ensuring adequate revenue to fund operations. This includes making long-term projections of market conditions, the physical condition of the system, and other factors that could affect utility costs, and setting rates adequate to recover these costs. It does this with the goal of providing safe, reliable, and sustainable utility services at competitive rates. The City adopts Financial Forecasts or Plans to summarize these projections. B. The City uses reserves to protect against contingencies and to manage other aspects of its operations, and regularly assesses the adequacy of these reserves and the management practices governing their operation. The status of utility reserves and their management practices are included in Reserves Management Practices attached to and made part of the Financial Forecasts or Plans. C. Pursuant to Chapter 12.20.010 of the Palo Alto Municipal Code, the Council of the City of Palo Alto may by resolution adopt rules and regulations governing utility services, fees and charges. D. On June 16, 2025, the City Council heard and approved the proposed rate increase at a noticed public hearing. The Council of the City of Palo Alto does hereby RESOLVE as follows: SECTION 1. The Council hereby approves the fiscal year (“FY”) 2026 Electric Utility Financial Forecast attached to and made a part of the staff report presented to the City Council; Item #4     Packet Pg. 162     * NOT YET APPROVED * Attachment A 2 027032125 SECTION 2. The Council hereby approves a transfer of up to $5 million from the Electric Utility Supply Operations Reserve to the Distribution Operations Reserve by the end of FY 2025, as described in the FY 2026 Electric Utility Financial Forecast; SECTION 3. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-1 (Residential Electric Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-1, as amended, shall become effective July 1, 2025; SECTION 4. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-2 (Residential Master-Metered and Small Non-Residential Electric Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-2, as amended, shall become effective July 1, 2025; SECTION 5. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-2-G (Residential Master-Metered and Small Non-Residential Green Power Electric Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-2-G, as amended, shall become effective July 1, 2025; SECTION 6. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-4 (Medium Non-Residential Electric Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-4, as amended, shall become effective July 1, 2025; SECTION 7. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-4-G (Medium Non-Residential Green Power Electric Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-4-G, as amended, shall become effective July 1, 2025; SECTION 8. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-4 TOU (Medium Non-Residential Time of Use Electric Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-4 TOU, as amended, shall become effective July 1, 2025; SECTION 9. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-7 (Large Non-Residential Electric Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-7, as amended, shall become effective July 1, 2025; SECTION 10. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-7-G (Large Non-Residential Green Power Electric Service) is hereby amended to read Item #4     Packet Pg. 163     * NOT YET APPROVED * Attachment A 3 027032125 as attached and incorporated. Utility Rate Schedule E-7-G, as amended, shall become effective July 1, 2025; SECTION 11. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-7 TOU (Large Non-Residential Time of Use Electric Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-7 TOU, as amended, shall become effective July 1, 2025; SECTION 12. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-14 (Street Lights) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-14, as amended, shall become effective July 1, 2025; SECTION 13. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-16 (Unmetered Electric Service) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-16, as amended, shall become effective July 1, 2025; SECTION 14. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-EEC-1 (Export Electricity Compensation) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-EEC-1, as amended, shall become effective July 1, 2025; SECTION 15. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule E-NSE-1 (Net Surplus Electricity Compensation Rate) is hereby amended to read as attached and incorporated. Utility Rate Schedule E-NSE-1, as amended, shall become effective July 1, 2025; SECTION 16. The Council finds that the revenue derived from the adoption of this resolution shall be used only for the purpose set forth in Article VII, Section 2, of the Charter of the City of Palo Alto. SECTION 17. The Council finds that the fees and charges adopted by this resolution are charges imposed for a specific government service or product provided directly to the payor that are not provided to those not charged, and do not exceed the reasonable costs to the City of providing the service or product. // // // Item #4     Packet Pg. 164     * NOT YET APPROVED * Attachment A 4 027032125 SECTION 18. The Council finds that approving the Electric Financial Forecast and Reserve transfers does not meet the California Environmental Quality Act’s (CEQA) definition of a project under Public Resources Code Section 21065 and CEQA Guidelines Section 15378(b)(5), because it is an administrative governmental activity which will not cause a direct or indirect physical change in the environment, and therefore, no environmental assessment is required. The Council finds that changing electric rates to meet operating expenses, purchase supplies and materials, meet financial reserve needs and obtain funds for capital improvements necessary to maintain service is not subject to the California Environmental Quality Act (CEQA), pursuant to California Public Resources Code Sec. 21080(b)(8) and CEQA Guidelines Sec. 15273(a). After reviewing the staff report and all attachments presented to Council, the Council incorporates these documents herein and finds that sufficient evidence has been presented setting forth with specificity the basis for this claim of CEQA exemption. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: Assistant City Attorney Director of Administrative Services Item #4     Packet Pg. 165     RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-1 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-1-1 Supersedes Sheet No E-1-1 Effective 7-1-20254 dated 7-1-20234 A. APPLICABILITY: This Rate Schedule applies to separately metered single-family residential dwellings receiving Electric Service from the City of Palo Alto Utilities. B.TERRITORY: This rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. UNBUNDLED RATES: Per kilowatt-hour (kWh)Commodity Distribution Public Benefits Total Tier 1 usage $ 0.103730.102 0.095930.086 0.006040.00549 0.205700.194 Any usage over Tier 1 40 79 68 D.SPECIAL NOTES: 1. Calculation of Cost Components The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. 2. Calculation of Usage Tiers Tier 1 Electricity usage shall be calculated and billed based upon a level of 15 kWh per day, prorated by Meter reading days of Service. As an example, for a 30-day bill, the Tier 1 level would be 450 kWh. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. {End} Attachment B Item #4     Packet Pg. 166     RESIDENTIAL MASTER-METERED AND SMALL NON-RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-2 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-2-1 Supersedes Sheet No E-2-1 Effective 7-1-20254 dated 7-1-20243 A. APPLICABILITY: This Rate Schedule applies to the following Customers receiving Electric Service from the City of Palo Alto Utilities: 1. Non-residential Customers receiving Non-Demand metered Electric Service; and 2. Customers with Accounts at Master-Metered multi-family facilities receiving Non- Demand metered Electric Service. B. TERRITORY: This rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. UNBUNDLED RATES: Per kilowatt-hour (kWh) Commodity Distribution Public Benefits Total Summer Period $ 0.150750.149 $ 0.108060.097 $ 0.264850.2 0.093340.092 0.073520.066 0.172900.1 D. SPECIAL NOTES: 1. Calculation of Cost Components The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. 2. Seasonal Rate Changes The Summer Period is effective May 1 to October 31 and the Winter Period is effective from November 1 to April 30. When the billing period includes use in both the Summer Attachment B Item #4     Packet Pg. 167     RESIDENTIAL MASTER-METERED AND SMALL NON-RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-2 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-2-2 Supersedes Sheet No E-2-2 Effective 7-1-20254 dated 7-1-20243 and the Winter Periods, the usage will be prorated based on the number of days in each seasonal period, and the charges based on the applicable rates therein. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. 3. Maximum Demand Meter Whenever the monthly use of energy has exceeded 8,000 kWh for three consecutive months, a maximum Demand Meter will be installed as promptly as is practicable and thereafter continued in service until the monthly use of energy has fallen below 6,000 kWh for twelve consecutive months, whereupon, at the option of the City, it may be removed. {End} Attachment B Item #4     Packet Pg. 168     RESIDENTIAL MASTER-METERED AND SMALL NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-2-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-2-G-1 Supersedes Sheet No E-2-G-1 Effective 7-1-20245 dated 7-1-20243 A. APPLICABILITY: This Rate Schedule applies to the following Customers receiving Electric Service from the City of Palo Alto Utilities who qualify for E-2 Service and choose to participate in the Palo Alto Green Program: 1. Non-residential Customers receiving Non-Demand metered Electric Service; and 2. Customers with Accounts at Master-Metered multi-family facilities receiving Non-Demand metered Electric Service. B. TERRITORY: This rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. UNBUNDLED RATES: 1. 100% Renewable Option: Per kilowatt-hour (kWh) Commodity Distribution Public Green $ 0.150750.14 $ 0.108060.09 $ 0.006040. $ 0.272350. 0.093340.09 0.073520.06 0.006040. $ 0.1716480 Customer Charge 6.225.60 2. 1000 kWh Block Purchase Option: Per kilowatt-hour (kWh) Commodity Distribution Public Benefits Total Summer Period $ 0.150750.14 $ 0.108060.09 $ 0.006040. $ 0.2521026 Attachment B Item #4     Packet Pg. 169     RESIDENTIAL MASTER-METERED AND SMALL NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-2-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-2-G-2 Supersedes Sheet No E-2-G-2 Effective 7-1-20245 dated 7-1-20243 Customer Charge 6.225.60 D. SPECIAL NOTES: 1. Calculation of Cost Components The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. 2. Seasonal Rate Changes The Summer Period is effective May 1 to October 31 and the Winter Period is effective from November 1 to April 30. When the billing period includes use in both the Summer and Winter Periods, usage will be prorated based upon the number of days in each seasonal period, and the charges based on the applicable rates therein. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. 3. Palo Alto Green Program Description and Participation Palo Alto Green Service includes the purchase by the City of Palo Alto Utilities Department of enough renewable energy credits (RECs) to match 100% of the metered energy usage at the Customer’s facility each month. Any Customer may alternately request that CPAU purchase a specific number of 1000 kilowatt-hour (kWh) blocks of RECs. CPAU will charge the Customer the Palo Alto Green Charge for each such requested block. These REC purchases support the production of renewable energy, increase the financial value of power from renewable sources, and create a transparent and sustainable market that encourages new development of wind and solar power. Customers choosing to participate shall fill out a Palo Alto Green Power Program Attachment B Item #4     Packet Pg. 170     RESIDENTIAL MASTER-METERED AND SMALL NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-2-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-2-G-3 Supersedes Sheet No E-2-G-3 Effective 7-1-20245 dated 7-1-20243 application provided by the Customer Service Center. Customers may request at any time, in writing, a change to the number of blocks they wish to purchase under the Palo Alto Green Program. 4. Maximum Demand Meter Whenever the monthly use of energy has exceeded 8,000 kWh for three consecutive months, a maximum Demand Meter will be installed as promptly as is practicable and thereafter continued in service until the monthly use of energy has fallen below 6,000 kWh for twelve consecutive months, whereupon, at the option of the City, it may be removed. {End} Attachment B Item #4     Packet Pg. 171     MEDIUM NON-RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-4 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-1 Supersedes Sheet No E-4-1 Effective 7-1-20254 dated 7-1-20243 A. APPLICABILITY: This Rate Schedule applies to Demand metered Secondary Electric Service for Customers with a maximum Demand below 1,000 kilowatts. This Rate Schedule may include Service to master- metered multi-family facilities or other facilities requiring Demand metered Service, as determined by the City. B. TERRITORY: This rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. UNBUNDLED RATES: Rates per kilowatt (kW) and kilowatt-hour (kWh): Commodity Distribution Public Benefits Total Summer Period Demand Charge (per kW) $ 11.0910.98 $ 38.0834.31 $ 49.1745.29 Energy Charge (per kWh) 0.124410.123 0.027970.025 0.006040.00 0.158420.1538 0.080280.079 0.027970.025 0.006040.00 0.114290.1101 D. SPECIAL NOTES: 1. Calculation of Cost Components The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or taxes. On a customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. Attachment B Item #4     Packet Pg. 172     MEDIUM NON-RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-4 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-2 Supersedes Sheet No E-4-2 Effective 7-1-20254 dated 7-1-20243 2. Seasonal Rate Changes The Summer Period is effective May 1 to October 31 and the Winter Period is effective from November 1 to April 30. When the billing period includes use both in the Summer and the Winter Periods, the usage will be prorated based on the number of days in each seasonal period, and the charges based on the applicable rates therein. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. 3. Maximum Demand Meter Whenever the monthly use of energy has exceeded 8,000 kWh for three consecutive months, a Maximum Demand Meter will be installed as promptly as is practicable and thereafter continued in Service until the monthly use of energy has fallen below 6,000 kWh for twelve consecutive months, whereupon, at the option of the City, it may be removed. The Maximum Demand in any month will be the maximum average power in kilowatts taken during any 15-minute interval in the month, provided that if the Customer’s load is intermittent or subject to fluctuations, the City may use a 5-minute interval. A thermal-type Demand Meter which does not reset after a definite time interval may be used at the City's option. The Billing Demand to be used in computing charges under this schedule will be the actual Maximum Demand in kilowatts for the current month. An exception is that the Billing Demand for Customers with Thermal Energy Storage (TES) will be based upon the actual Maximum Demand of such Customers between the hours of noon and 6 pm on weekdays. 4. Changing Rate Schedules Customers may request a rate schedule change at any time to any City of Palo Alto full- service rate schedule as is applicable to their kilowatt-Demand and kilowatt-hour usage profile. 5. Primary Voltage Discount Where delivery is made at the same voltage as that of the line from which the Service is supplied, a discount of 2.5 percent for available line voltages above 2 kilovolts will be Attachment B Item #4     Packet Pg. 173     MEDIUM NON-RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-4 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-3 Supersedes Sheet No E-4-3 Effective 7-1-20254 dated 7-1-20243 offered, but the City is not required to supply Service at a particular line voltage where it has, or will install, ample facilities for supplying at another voltage equally or better suited to the Customer's electrical requirements, as determined in the City’s sole discretion. The City retains the right to change its line voltage at any time after providing reasonable advance notice to any Customer receiving the discount in this section. The Customer then has the option to change his system so as to receive Service at the new line voltage or to accept Service (without voltage discount) through transformers to be supplied by the City subject to a maximum kilovolt-ampere size limitation. 6. Standby Charge a. Applicability: The standby charge, subject to the exemptions in subsection D(7)(e), applies to Customers that have a non-utility generation source interconnected on the Customer’s side of the City’s revenue meter and that occasionally require backup power from the City due to non-operation of the non-utility generation source. b. Standby Charges: c. Meters. A separate Meter is required for each non-utility generation source. d. Calculation of Maximum Demand Credit. (1) In the event the Customer’s Maximum Demand (as defined in Section D.3) occurs when one or more of the non-utility generators on the Customer’s side of the City’s revenue meter are not operating, the Maximum Demand will be reduced by the sum of the Maximum Generation of those non-utility generators, but in no event shall the Customer’s Maximum Demand be reduced below zero. (2) If the non-utility generation source does not operate for an entire billing cycle, the standby charge does not apply and the Customer shall not receive the Maximum Demand credit described in this Section. Attachment B Item #4     Packet Pg. 174     MEDIUM NON-RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-4 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-4 Supersedes Sheet No E-4-4 Effective 7-1-20254 dated 7-1-20243 e. Exemptions. (1) The standby charge shall not apply to backup generators designed to operate only in the event of an interruption in utility Service and which are not used to offset Customer electricity purchases. (2) The standby charge shall not apply if the Customer meets the definition of an “Eligible Customer-generator” as defined in California Public Utilities Code Section 2827(b)(4), as amended. (3) The applicability of these exemptions shall be determined at the discretion of the Utilities Director. {End} Attachment B Item #4     Packet Pg. 175     MEDIUM NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-4-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-G-1 Supersedes Sheet No E-4-G-1 Effective 7-1-20254 dated 7-1-20234 A. APPLICABILITY: This Rate Schedule applies to Customers who qualify for E-4 Service and who choose to participate in the Palo Alto Green Program. B. TERRITORY: The rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. UNBUNDLED RATES: 1. 100% Renewable Option: Public Green $ 49.1745.2 0.124410.12 0.027970.025 0.006040.0.165920. $ 26.0923.7 0.080280.07 0.027970.025 0.006040. Attachment B Item #4     Packet Pg. 176     MEDIUM NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-4-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-G-2 Supersedes Sheet No E-4-G-2 Effective 7-1-20254 dated 7-1-20234 2. 1000 kWh Block Purchase Option: $ 49.1745.2 D. SPECIAL NOTES: 1. Calculation of Cost Components The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges, and/or taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. 2. Seasonal Rate Changes The Summer Period is effective May 1 to October 31 and the Winter Period is effective from November 1 to April 30. When the billing period includes use both in the Summer and the Winter Periods, the usage will be prorated based on the number of days in each seasonal period, and the charges based on the applicable rates therein. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. 3. Maximum Demand Meter Whenever the monthly use of energy has exceeded 8,000 kilowatt-hours for three consecutive months, a Maximum Demand Meter will be installed as promptly as is practicable and thereafter continued in Service until the monthly use of energy has dropped Attachment B Item #4     Packet Pg. 177     MEDIUM NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-4-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-G-3 Supersedes Sheet No E-4-G-3 Effective 7-1-20254 dated 7-1-20234 below 6,000 kilowatt-hours for twelve consecutive months, whereupon, at the option of the City, it may be removed. The Maximum Demand in any month will be the maximum average power in kilowatts taken during any 15-minute interval in the month, provided that if the Customer’s load is intermittent or subject to fluctuations, the City may use a 5-minute interval. A thermal-type Demand Meter, which does not reset after a definite time interval, may be used at the City's option. The Billing Demand to be used in computing charges under this schedule will be the actual Maximum Demand in kilowatts for the current month. An exception is that the Billing Demand for Customers with Thermal Energy Storage (TES) will be based upon the actual Maximum Demand of such Customers between the hours of noon and 6 PM on weekdays. 4. Changing Rate Schedules Customers may request a rate schedule change at any time to any applicable full-service rate schedule as is applicable to their kilowatt-Demand and kilowatt-hour usage profile. 5. Palo Alto Green Program Description and Participation Palo Alto Green Service includes the purchase by the City of Palo Alto Utilities Department of enough renewable energy credits (RECs) to match 100% of the metered energy usage at the customer’s facility each month. Any Customer may alternately request that CPAU purchase a specific number of 1000 kilowatt-hour (kWh) blocks of RECs. CPAU will charge the Customer the Palo Alto Green Charge for each such requested block. These REC purchases support the production of renewable energy, increase the financial value of power from renewal sources, and creates a transparent and sustainable market that encourages new development of wind and solar. Customers choosing to participate shall fill out a Palo Alto Green Power Program application provided by the Customer Service Center. Customers may request at any time, in writing, a change to the number of blocks they wish to purchase under the Palo Alto Green Program. 6. Primary Voltage Discount Where delivery is made at the same voltage as that of the line from which the Service is supplied, a discount of 2.5 percent for available line voltages above 2 kilovolts will be Attachment B Item #4     Packet Pg. 178     MEDIUM NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-4-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-G-4 Supersedes Sheet No E-4-G-4 Effective 7-1-20254 dated 7-1-20234 offered, but the City is not required to supply Service at a particular line voltage where it has, or will install, ample facilities for supplying at another voltage equally or better suited to the Customer's electrical requirements, as determined in the City’s sole discretion. The City retains the right to change its line voltage at any time after providing reasonable advance notice to any Customer receiving the discount in this section. The Customer then has the option to change the system so as to receive Service at the new line voltage or to accept Service (without voltage discount) through transformers to be supplied by the City subject to a maximum kilovolt-ampere size limitation. 8. Standby Charge a. Applicability: The standby charge, subject to the exemptions in subsection D(8)(e), applies to Customers that have a non-utility generation source interconnected on the Customer’s side of the City’s revenue Meter and that occasionally require backup power from the City due to non-operation of the non-utility generation source. b. Standby Charges: c. Meters: A separate Meter is required for each non-utility generation source. d. Calculation of Maximum Demand Credit: (1) In the event the Customer’s Maximum Demand (as defined in Section D.3) occurs when one or more of the non-utility generators on the Customer’s side of the City’s revenue Meter are not operating, the Maximum Demand will be reduced by the sum of the Maximum Generation of those non-utility generators, but in no event shall the Customer’s Maximum Demand be reduced below zero. (2) If the non-utility generation source does not operate for an entire billing cycle, the standby charge does not apply and the Customer shall not receive the Maximum Demand credit described in this Section. Attachment B Item #4     Packet Pg. 179     MEDIUM NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-4-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-G-5 Supersedes Sheet No E-4-G-5 Effective 7-1-20254 dated 7-1-20234 e. Exemptions: (1) The standby charge shall not apply to backup generators designed to operate only in the event of an interruption in utility Service and which are not used to offset Customer electricity purchases. (2) The standby charge shall not apply if the Customer meets the definition of an “Eligible Customer-generator” as defined in California Public Utilities Code Section 2827(b)(4), as amended. (3) The applicability of these exemptions shall be determined at the discretion of the Utilities Director. {End} Attachment B Item #4     Packet Pg. 180     MEDIUM NON-RESIDENTIAL ELECTRIC TIME OF USE SERVICE UTILITY RATE SCHEDULE E-4 TOU CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-TOU-1 Supersedes Sheet No E-4-TOU-1 Effective 7-1-20254 dated 7-1-20243 A. APPLICABILITY: This voluntary Rate Schedule applies to Demand metered Secondary Electric Service for Customers with Demand between 500 and 1,000 kilowatts per month and who have sustained this level of usage for at least three consecutive months during the most recent 12 month period. This Rate Schedule may include Service to Master-Metered multi-family facilities or other facilities requiring Demand metered Service, as determined by the City. B. TERRITORY: This rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. UNBUNDLED RATES: Rates per kilowatt (kW) and kilowatt-hour (kWh): 0.172080.170 0.028170.025 $ 0.206290.201 Attachment B Item #4     Packet Pg. 181     MEDIUM NON-RESIDENTIAL ELECTRIC TIME OF USE SERVICE UTILITY RATE SCHEDULE E-4 TOU CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-TOU-2 Supersedes Sheet No E-4-TOU-2 Effective 7-1-20254 dated 7-1-20243 0.120960.119 $ 0.02775 $ 0.154750.150 D. SPECIAL NOTES: 1. Calculation of Cost Components The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. 2. Definition of Time Periods SUMMER PERIOD (Service from May 1 to October 31): Energy Peak: 4:00 p.m. to 9:00 p.m. Monday through Friday (except holidays) Mid Peak: 2:00 p.m. to 4:00 p.m. Monday through Friday (except holidays) 9:00 p.m. to 11:00 p.m. Off-Peak: All other hours Monday through Friday (except holidays) All day Saturday, Sunday, and holidays Demand Peak: 4:00 p.m. to 9:00 p.m. Monday through Friday (except holidays) Max Demand: All hours Every day WINTER PERIOD (Service from November 1 to April 30): Attachment B Item #4     Packet Pg. 182     MEDIUM NON-RESIDENTIAL ELECTRIC TIME OF USE SERVICE UTILITY RATE SCHEDULE E-4 TOU CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-TOU-3 Supersedes Sheet No E-4-TOU-3 Effective 7-1-20254 dated 7-1-20243 Energy Peak: 4:00 p.m. to 9:00 p.m. Monday through Friday (except holidays) Mid Peak: 9:00 a.m. to 2:00 p.m. Monday through Friday (except holidays) Off-Peak: All other hours Monday through Friday (except holidays) All day Saturday, Sunday, and holidays Demand Peak: 4:00 p.m. to 9:00 p.m. Monday through Friday (except holidays) Max Demand: All hours Every day TYPES OF DEMAND CHARGES: The Peak Demand Charge per Kilowatt applies to the maximum peak-period Demand during the time periods noted above. The Maximum (Max) Demand charge per Kilowatt applies to the maximum Demand at any time during the month. Both Demand charges apply in each Billing Period, and the maximum peak-period Demand and maximum Demand may occur at different times in the Billing Period depending on Customer usage patterns. SEASONAL RATE CHANGES: When the Billing Period includes use in both the Summer and the Winter periods, the usage will be prorated based on the number of days in each seasonal period, and the Charges based on the applicable rates therein. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. 3. Demand Meter Whenever the monthly use of energy has exceeded 8,000 kilowatt-hours for three consecutive months, a Demand Meter will be installed as promptly as is practicable and thereafter continued in Service until the monthly use of energy has fallen below 6,000 kilowatt-hours for twelve consecutive months, whereupon, at the option of the City, it may be removed. The Billing Demand to be used in computing charges under this schedule will be the actual Maximum Demand in kilowatts taken during any 15-minute interval in each of the designated time periods as defined under Section D.2. 4. Changing Rate Schedules Customers electing to be served under E-4 TOU must remain on said Rate Schedule for a minimum of 12 months. Should the Customer so wish, at the end of 12 months, the Customer may request a Rate Schedule change to any applicable City of Palo Alto full-service Rate Attachment B Item #4     Packet Pg. 183     MEDIUM NON-RESIDENTIAL ELECTRIC TIME OF USE SERVICE UTILITY RATE SCHEDULE E-4 TOU CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-TOU-4 Supersedes Sheet No E-4-TOU-4 Effective 7-1-20254 dated 7-1-20243 Schedule as is suitable to their kilowatt Demand and kilowatt-hour usage. 5. Primary Voltage Discount Where delivery is made at the same voltage as that of the line from which the Service is supplied, a discount of 2.5 percent for available line voltages above 2 kilovolts will be offered, but the City is not required to supply Service at a particular line voltage where it has, or will install, ample facilities for supplying at another voltage equally or better suited to the Customer's electrical requirements, as determined in the City’s sole discretion. The City retains the right to change its line voltage at any time after providing reasonable advance notice to any Customer receiving the discount in this section. The Customer then has the option to change his system so as to receive Service at the new line voltage or to accept Service (without voltage discount) through transformers to be supplied by the City subject to a maximum kilovolt-ampere size limitation. 7. Standby Charge a. Applicability: The standby charge, subject to the exemptions in subsection D(7)(e), applies to Customers that have a non-utility generation source interconnected on the Customer’s side of the City’s revenue Meter and that occasionally require backup power from the City due to non-operation of the non-utility generation source. b. Standby Charges: c. Meters. A separate Meter is required for each non-utility generation source. d. Calculation of Maximum Demand Credit. (1) In the event the Customer’s Maximum Demand occurs when one or more of the non-utility generators on the Customer’s side of the City’s revenue Meter are not operating, the Maximum Demand will be reduced by the sum of the Maximum Generation of those non-utility generators, but in no event shall the Customer’s Maximum Demand be reduced below zero. Attachment B Item #4     Packet Pg. 184     MEDIUM NON-RESIDENTIAL ELECTRIC TIME OF USE SERVICE UTILITY RATE SCHEDULE E-4 TOU CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-4-TOU-5 Supersedes Sheet No E-4-TOU-5 Effective 7-1-20254 dated 7-1-20243 (2) If the non-utility generation source does not operate for an entire billing cycle, the standby charge does not apply and the Customer shall not receive the Maximum Demand credit described in this Section. e. Exemptions. (1) The standby charge shall not apply to backup generators designed to operate only in the event of an interruption in utility Service and which are not used to offset Customer electricity purchases. (2) The standby charge shall not apply if the Customer meets the definition of an “Eligible Customer-generator” as defined in California Public Utilities Code Section 2827(b)(4), as amended. (3) The applicability of these exemptions shall be determined at the discretion of the Utilities Director. {End} Attachment B Item #4     Packet Pg. 185     LARGE NON-RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-7 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-1 Supersedes Sheet No E-7-1 Effective 7-1-20254 dated 7-1-20243 A. APPLICABILITY: This Rate Schedule applies to Demand metered Service for large non-residential Customers with a Maximum Demand of at least 1,000KW per month per site, who have sustained this Demand level at least 3 consecutive months during the last twelve months. B. TERRITORY: This rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. RATES: Rates per kilowatt (kW) and kilowatt-hour (kWh): Customer Charge D. SPECIAL NOTES: 1. Calculation of Charges The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. Attachment B Item #4     Packet Pg. 186     LARGE NON-RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-7 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-2 Supersedes Sheet No E-7-2 Effective 7-1-20254 dated 7-1-20243 2. Seasonal Rate Changes The Summer Period is effective May 1 to October 31 and the Winter Period is effective from November 1 to April 30. When the billing period includes use both in the summer and in the winter periods, the usage will be prorated based on the number of days in each seasonal period, and the charges based on the applicable rates therein. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. 3. Request for Service Qualifying Customers may request Service under this schedule for more than one Account or one Meter if the Accounts are on one site. A site, for the purposes of this Rate Schedule, consists of one or more Accounts which cover contiguous parcels of land with no intervening public right-of-ways (e.g. streets) and which have a common billing address. 4. Maximum Demand Meter Whenever the monthly use of energy has exceeded 8,000 kilowatt-hours for three consecutive months, a Maximum Demand Meter will be installed as promptly as is practicable and thereafter continued in Service until the monthly use of energy has fallen below 6,000 kilowatt-hours for twelve consecutive months, whereupon, at the option of the City, it may be removed. The Maximum Demand in any month will be the maximum average power in kilowatts taken during any 15-minute interval in the month provided that if the Customer’s load is intermittent or subject to fluctuations, the City may use a 5-minute interval. A thermal- type Demand Meter which does not reset after a definite time interval may be used at the City's option. The Billing Demand to be used in computing charges under this schedule will be the actual Maximum Demand in kilowatts for the current month. An exception is that the Billing Demand for Customers with Thermal Energy Storage (TES) will be based upon the actual Maximum Demand of such Customers between the hours of noon and 6 pm on weekdays. Attachment B Item #4     Packet Pg. 187     LARGE NON-RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-7 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-3 Supersedes Sheet No E-7-3 Effective 7-1-20254 dated 7-1-20243 5. Changing Rate Schedules Customers may request a rate schedule change at any time to any applicable full service rate schedule as is applicable to their kilowatt-Demand and kilowatt-hour usage profile. 6. Primary Voltage Discount Where delivery is made at the same voltage as that of the line from which the Service is supplied, a discount of 2.8 percent for available line voltages above 2 kilovolts will be offered, but the City is not required to supply Service at a particular line voltage where it has, or will install, ample facilities for supplying at another voltage equally or better suited to the Customer's electrical requirements, as determined in the City’s sole discretion. The City retains the right to change its line voltage at any time after providing reasonable advance notice to any Customer receiving the discount in this section. The Customer then has the option to change his system so as to receive Service at the new line voltage or to accept Service (without voltage discount) through transformers to be supplied by the City subject to a maximum kVA size limitation. 7. Standby Charge a. Applicability: The standby charge, subject to the exemptions in subsection D(8)(e), applies to Customers that have a non-utility generation source interconnected on the Customer’s side of the City’s revenue Meter and that occasionally require backup power from the City due to non-operation of the non-utility generation source. b. Standby Charges: c. Meters. A separate Meter is required for each non-utility generation source. d. Calculation of Maximum Demand Credit. Attachment B Item #4     Packet Pg. 188     LARGE NON-RESIDENTIAL ELECTRIC SERVICE UTILITY RATE SCHEDULE E-7 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-4 Supersedes Sheet No E-7-4 Effective 7-1-20254 dated 7-1-20243 (1) In the event the Customer’s Maximum Demand (as defined in Section D.4) occurs when one or more of the non-utility generators on the Customer’s side of the City’s revenue Meter are not operating, the Maximum Demand will be reduced by the sum of the Maximum Generation of those non-utility generators, but in no event shall the Customer’s Maximum Demand be reduced below zero. (2) If the non-utility generation source does not operate for an entire billing cycle, the standby charge does not apply and the Customer shall not receive the Maximum Demand credit described in this Section. e. Exemptions. (1) The standby charge shall not apply to backup generators designed to operate only in the event of an interruption in utility Service and which are not used to offset Customer electricity purchases. (2) The standby charge shall not apply if the Customer meets the definition of an “Eligible Customer-generator” as defined in California Public Utilities Code Section 2827(b)(4) , as amended. (3) The applicability of these exemptions shall be determined at the discretion of the Utilities Director. {End} Attachment B Item #4     Packet Pg. 189     LARGE NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-7-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-G-1 Supersedes Sheet No E-7-G-1 Effective 7-1-20254 dated 7-1-20243 A. APPLICABILITY: This Rate Schedule applies to Customers who qualify for E-7 Service and who choose to participate in the Palo Alto Green Program. B. TERRITORY: The rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. UNBUNDLED RATES: 1. 100% Renewable Option: Public Green $ 43.6140. 30.5727. Attachment B Item #4     Packet Pg. 190     LARGE NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-7-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-G-2 Supersedes Sheet No E-7-G-2 Effective 7-1-20254 dated 7-1-20243 2. 1000 kWh Block Purchase Option: $ 43.6140. 30.5727. D. SPECIAL NOTES: 1. Calculation of Charges The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. 2. Seasonal Rate Changes The Summer Period is effective May 1 to October 31 and the Winter Period is effective from November 1 to April 30. When the billing period includes use both in the Summer and the Winter Periods, the usage will be prorated based on the number of days in each seasonal period, and the charges based on the applicable rates therein. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. 3. Maximum Demand Meter Whenever the monthly use of energy has exceeded 8,000 kilowatt-hours for three Attachment B Item #4     Packet Pg. 191     LARGE NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-7-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-G-3 Supersedes Sheet No E-7-G-3 Effective 7-1-20254 dated 7-1-20243 consecutive months, a Maximum Demand Meter will be installed as promptly as is practicable and thereafter continued in Service until the monthly use of energy has dropped below 6,000 kilowatt-hours for twelve consecutive months, whereupon, at the option of the City, it may be removed. The Maximum Demand in any month will be the maximum average power in kilowatts taken during any 15-minute interval in the month, provided that if the Customer’s load is intermittent or subject to fluctuations, the City may use a 5-minute interval. A thermal-type Demand Meter which does not reset after a definite time interval may be used at the City's option. The Billing Demand to be used in computing charges under this schedule will be the actual Maximum Demand in kilowatts for the current month. An exception is that the Billing Demand for Customers with Thermal Energy Storage (TES) will be based upon the actual Maximum Demand of such Customers between the hours of noon and 6 PM on weekdays. 4. Request for Service Qualifying Customers may request Service under this schedule for more than one Account or one Meter if the Accounts are at one site. A site, for the purposes of this Rate Schedule, consists of one or more Accounts which cover contiguous parcels of land with no intervening public right-of-ways (e.g. streets) and which have a common billing address. 5. Changing Rate Schedules Customers may request a rate schedule change at any time to any applicable full service rate schedule as is applicable to their kilowatt-Demand and kilowatt-hour usage profile 6. Palo Alto Green Program Description and Participation Palo Alto Green Service includes the purchase by the City of Palo Alto Utilities Department of enough renewable energy credits (RECs) to match 100% of the metered energy usage at the Customer’s facility each month. Any Customer may alternately request that CPAU purchase a specific number of 1000 kilowatt-hour (kWh) blocks of RECs. CPAU will charge the Customer the Palo Alto Green Charge for each such requested block. These REC purchases support the production of renewable energy, increase the financial value of power from renewal sources, and creates a transparent and sustainable market that encourages new development of wind and solar. Attachment B Item #4     Packet Pg. 192     LARGE NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-7-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-G-4 Supersedes Sheet No E-7-G-4 Effective 7-1-20254 dated 7-1-20243 Customers choosing to participate shall fill out a Palo Alto Green Power Program application provided by the Customer Service Center. Customers may request at any time, in writing, a change to the number of blocks they wish to purchase under the Palo Alto Green Program. 7. Primary Voltage Discount Where delivery is made at the same voltage as that of the line from which the Service is supplied, a discount of 2.8 percent for available line voltages above 2 kilovolts will be offered, but the City is not required to supply Service at a qualified line voltage where it has, or will install, ample facilities for supplying at another voltage equally or better suited to the Customer's Electrical requirements, as determined in the City’s sole discretion. The City retains the right to change its line voltage at any time after providing reasonable advance notice to any Customer receiving the discount in this section. The Customer then has the option to change the system so as to receive Service at the new line voltage or to accept Service (without voltage discount) through transformers to be supplied by the City subject to a maximum kilovolt-ampere size limitation. 9. Standby Charge a. Applicability: The standby charge, subject to the exemptions in subsection D(9)(e), applies to Customers that have a non-utility generation source interconnected on the Customer’s side of the City’s revenue Meter and that occasionally require backup power from the City due to non-operation of the non-utility generation source. b. Standby Charges: Reserved Capacity) Summer Period 9.259.16 $ 31.5428.41 $ 40.7937.57 c. Meters: A separate Meter is required for each non-utility generation source. d. Calculation of Maximum Demand Credit: Attachment B Item #4     Packet Pg. 193     LARGE NON-RESIDENTIAL GREEN POWER ELECTRIC SERVICE UTILITY RATE SCHEDULE E-7-G CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-G-5 Supersedes Sheet No E-7-G-5 Effective 7-1-20254 dated 7-1-20243 (1) In the event the Customer’s Maximum Demand (as defined in Section D.3) occurs when one or more of the non-utility generators on the Customer’s side of the City’s revenue Meter are not operating, the Maximum Demand will be reduced by the sum of the Maximum Generation of those non-utility generators, but in no event shall the Customer’s Maximum Demand be reduced below zero. (2) If the non-utility generation source does not operate for an entire billing cycle, the standby charge does not apply and the Customer shall not receive the Maximum Demand credit described in this Section. e. Exemptions: (1) The standby charge shall not apply to backup generators designed to operate only in the event of an interruption in utility Service and which are not used to offset Customer electricity purchases. (2) The standby charge shall not apply if the Customer meets the definition of an “Eligible Customer-generator” as defined in California Public Utilities Code Section 2827(b)(4), as amended. (3) The applicability of these exemptions shall be determined at the discretion of the Utilities Director. {End} Attachment B Item #4     Packet Pg. 194     LARGE NON-RESIDENTIAL ELECTRIC TIME OF USE SERVICE UTILITY RATE SCHEDULE E-7 TOU CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-TOU-1 Supersedes Sheet No E-7-TOU-1 Effective 7-1-20254 dated 7-1-20243 A. APPLICABILITY: This voluntary Rate Schedule applies to Demand metered Service for non-residential Customers with a Maximum Demand of at least 1,000KW per month per site, who have sustained this Demand level at least 3 consecutive months during the last twelve months. B. TERRITORY: This rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. UNBUNDLED RATES: Rates per kilowatt (kW) and kilowatt-hour (kWh): 0.181990.18 $ $ $ 0.122250.12 $ $ $ Attachment B Item #4     Packet Pg. 195     LARGE NON-RESIDENTIAL ELECTRIC TIME OF USE SERVICE UTILITY RATE SCHEDULE E-7 TOU CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-TOU-2 Supersedes Sheet No E-7-TOU-2 Effective 7-1-20254 dated 7-1-20243 D. SPECIAL NOTES: 1. Calculation of Charges The actual bill amount is calculated based on the applicable rates in Section C above and adjusted for any applicable discounts, surcharges and/or taxes. On a Customer’s bill statement, the bill amount may be broken down into appropriate components as calculated under Section C. 2. Definition of Time Periods SUMMER PERIOD (Service from May 1 to October 31): Energy Peak: 4:00 pm to 9:00 p.m. Monday through Friday (except holidays) Mid Peak: 2:00 p.m. to 4:00 p.m. Monday through Friday (except holidays) 9:00 p.m. to 11:00 p.m. Off-Peak: All other hours Monday through Friday (except holidays) All day Saturday, Sunday, and holidays Demand Peak: 4:00 p.m. to 9:00 p.m. Monday through Friday (except holidays) Max Demand: All hours Every day WINTER PERIOD (Service from November 1 to April 30): Energy Peak: 4:00 p.m. to 9:00 p.m. Monday through Friday (except holidays) Mid Peak: 9:00 a.m. to 2:00 p.m. Monday through Friday (except holidays) Attachment B Item #4     Packet Pg. 196     LARGE NON-RESIDENTIAL ELECTRIC TIME OF USE SERVICE UTILITY RATE SCHEDULE E-7 TOU CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-TOU-3 Supersedes Sheet No E-7-TOU-3 Effective 7-1-20254 dated 7-1-20243 Off-Peak: All other hours Monday through Friday (except holidays) All day Saturday, Sunday, and holidays Demand Peak: 4:00 p.m. to 9:00 p.m. Monday through Friday (except holidays) Max Demand: All hours Every day TYPES OF DEMAND CHARGES: The Peak Demand Charge per Kilowatt applies to the maximum peak-period Demand during the time periods noted above. The Maximum (Max) Demand charge per Kilowatt applies to the maximum Demand at any time during the month. Both Demand Charges apply in each Billing Period, and the maximum peak-period Demand and maximum Demand may occur at different times in the Billing Period depending on Customer usage patterns. SEASONAL RATE CHANGES: When the Billing Period includes use in both the Summer and the Winter periods, the usage will be prorated based on the number of days in each seasonal period, and the Charges based on the applicable rates therein. For further discussion of bill calculation and proration, refer to Rule and Regulation 11. 3. Request for Service Qualifying Customers may request Service under this schedule for more than one Account or one Meter if the Accounts are on one site. A site, for the purposes of this Rate Schedule, consists of one or more Accounts which cover contiguous parcels of land with no intervening public right-of- ways (e.g. streets) and which have a common billing address. 4. Demand Meter Whenever the monthly use of energy has exceeded 8,000 kilowatt-hours for three consecutive months, a Demand Meter will be installed as promptly as is practicable and thereafter continued in Service until the monthly use of energy has fallen below 6,000 kilowatt-hours for twelve consecutive months, whereupon, at the option of the City, it may be removed. The Billing Demand to be used in computing charges under this schedule will be the actual Maximum Demand in kilowatts taken during any 15-minute interval in each of the designated time periods as defined under Section D.2. Attachment B Item #4     Packet Pg. 197     LARGE NON-RESIDENTIAL ELECTRIC TIME OF USE SERVICE UTILITY RATE SCHEDULE E-7 TOU CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-TOU-4 Supersedes Sheet No E-7-TOU-4 Effective 7-1-20254 dated 7-1-20243 5. Changing Rate Schedules Customers electing to be served under E-7 TOU must remain on said Rate Schedule for a minimum of 12 months. Should the Customer so wish, at the end of 12 months, the Customer may request a Rate Schedule change to any applicable City of Palo Alto full-service Rate Schedule as is suitable to their kilowatt Demand and kilowatt-hour usage. 6. Primary Voltage Discount Where delivery is made at the same voltage as that of the line from which the Service is supplied, a discount of 2.8 percent for available line voltages above 2 kilovolts will be offered, but the City is not required to supply Service at a particular line voltage where it has, or will install, ample facilities for supplying at another voltage equally or better suited to the Customer's electrical requirements, as determined in the City’s sole discretion. The City retains the right to change its line voltage at any time after providing reasonable advance notice to any Customer receiving the discount in this section. The Customer then has the option to change his system so as to receive Service at the new line voltage or to accept Service (without voltage discount) through transformers to be supplied by the City subject to a maximum kilovolt-ampere size limitation. 7. Standby Charge a. Applicability: The standby charge, subject to the exemptions in subsection D(8)(e), applies to Customers that have a non-utility generation source interconnected on the Customer’s side of the City’s revenue Meter and that occasionally require backup power from the City due to non-operation of the non-utility generation source. b. Standby Charges: c. Meters. A separate Meter is required for each non-utility generation source. d. Calculation of Maximum Demand Credit. (1) In the event the Customer’s Maximum Demand occurs when one or more of the Attachment B Item #4     Packet Pg. 198     LARGE NON-RESIDENTIAL ELECTRIC TIME OF USE SERVICE UTILITY RATE SCHEDULE E-7 TOU CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No E-7-TOU-5 Supersedes Sheet No E-7-TOU-5 Effective 7-1-20254 dated 7-1-20243 non-utility generators on the Customer’s side of the City’s revenue Meter are not operating, the Maximum Demand will be reduced by the sum of the Maximum Generation of those non-utility generators, but in no event shall the Customer’s Maximum Demand be reduced below zero. (2) If the non-utility generation source does not operate for an entire billing cycle, the standby charge does not apply and the Customer shall not receive the Maximum Demand credit described in this Section. e. Exemptions. (1) The standby charge shall not apply to backup generators designed to operate only in the event of an interruption in utility Service and which are not used to offset Customer electricity purchases. (2) The standby charge shall not apply if the Customer meets the definition of an “Eligible Customer-generator” as defined in California Public Utilities Code Section 2827(b)(4) , as amended. (3) The applicability of these exemptions shall be determined at the discretion of the Utilities Director. {End} Attachment B Item #4     Packet Pg. 199     STREET LIGHTS UTILITY RATE SCHEDULE E-14 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No. E-14-1 Supersedes Sheet No. E-14-1 Effective 7-1-20254 dated 7-1-20242 A. APPLICABILITY: This Rate Schedule applies to all street and highway lighting installations ranging in voltages from 120 to 480 which CPAU elects to operate and maintain. B. TERRITORY: Within the incorporated limits of the City of Palo Alto and on land owned or leased by the City. C. RATES: $ Per Lamp Per Month – Attachment B Item #4     Packet Pg. 200     STREET LIGHTS UTILITY RATE SCHEDULE E-14 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No. E-14-2 Supersedes Sheet No. E-14-2 Effective 7-1-20254 dated 7-1-20242 $ Per Lamp Per Month – CPAU supplies electricity and switching and maintains lighting system, including lamps and glassware. Lamp Rating: Street Lights Mercury-Vapor Lamps 400 watts 53.5348.29 High Pressure Sodium Vapor Lamps 70 watts 35.37 31.90 100 watts 45.35 40.92 150 watts 62.00 55.94 250 watts 95.30 85.99 Light Emitting Diode (LED) Lamps 70 watts-equivalent 13.27 11.96 100 watts-equivalent 20.83 18.79 150 watts-equivalent 27.80 25.07 175 watts-equivalent 31.43 28.35 250 watts 46.87 42.28 Traffic Signals 12” Head Total (Red Yellow Green) 27.12 24.45 8” Head Total (RYG) 23.55 21.22 12” Arrow Total (RYG) 25.49 22.97 12” Beacon 10.19 9.19 Pedestrian Head 9.36 8.44 Controller 20.05 18.10 Speed Signs 92.73 83.74 Attachment B Item #4     Packet Pg. 201     STREET LIGHTS UTILITY RATE SCHEDULE E-14 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No. E-14-3 Supersedes Sheet No. E-14-3 Effective 7-1-20254 dated 7-1-20242 D. SPECIAL CONDITIONS: 1. Point of Delivery: Delivery will be made to the Customer's system at a Service point or at points designated by CPAU. CPAU will furnish the Service connection to one point for each lamp or group of lamps, provided the Customer has designed the system to include the minimum number of delivery points. CPAU will make all underground connections to CPAU’s system at the Customer's expense. 2. Switching: CPAU will perform switching (on CPAU's side of the points of delivery) at no Charge, provided there are at least 10 kilowatts of lamp load on each circuit separately switched, including all lamps on the circuit whether served under this Rate Schedule or not. An extra charge of $2.50 per month will be made for each circuit separately switched unless such switching installation is made for CPAU's convenience. 3. Annual Burning Schedule: The rates in this Rate Schedule apply to lamps which will be turned on and off once each night in accordance with a regular burning schedule approved by CPAU and not exceeding 4,100 hours per year. 4. Maintenance: The rates in this Rate Schedule include all labor necessary for replacement of glassware, including inspection and cleaning. Maintenance of glassware by CPAU is limited to standard glassware that is commonly used and manufactured in reasonably large quantities, as determined by CPAU in its sole discretion. The rates include maintenance of circuits between lamp posts and of circuits and equipment in and on the posts, provided these are all of good standard construction as determined by CPAU. CPAU in its sole discretion may decline to grant rates for maintenance of systems with non- standard glassware, or inadequate circuitry and equipment. Rates applied to any agency other than the City of Palo Alto also include painting of posts with one coat of good ordinary paint, as determined by CPAU to be needed to maintain good appearance. Maintenance does not include replacement of posts damaged by third parties or acts of nature. 5. Rates For Lamps Not on this Rate Schedule: In the event a Customer installs a lamp which is not represented on this Rate Schedule, CPAU will prepare an interim rate reflecting CPAU's estimated costs associated with the specific lamp. This interim rate will serve as the effective rate for billing purposes until the new lamp rating is added to Rate Schedule E-14. {End} Attachment B Item #4     Packet Pg. 202     UNMETERED ELECTRIC SERVICE UTILITY RATE SCHEDULE E-16 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No. E-16-1 Supersedes Sheet No. E-16-1 Effective 7-1-202516 dated 07-01-2016 A. APPLICABILITY: This rate schedule is applicable under the terms and conditions of the City of Palo Alto Utilities Department to Customers who contract with the City for unmetered electric service for billboards, unmetered telephone services, telephone booths, railroad signals, cathodic protection units, traffic cameras, wireless antenna and related equipment, community antenna television and video systems, cable TV power supplies, and automatic irrigation systems and also applies to other miscellaneous Electric Utility fees to various public agencies and private entities. B. TERRITORY: Within the incorporated limits of the City of Palo Alto and land owned or leased by the City. C. NET MONTHLY BILL: 1. Customer Charge using annual SEIU salary schedule: $9.007.31 per month 2. Energy Charge: (for all kWh supplied) using Electric Rate Schedule E2 plus all applicable riders 3. Minimum Charge: Minimum monthly charge will be the Customer Charge. D. DETERMINATION OF ENERGY REQUIREMENTS: a. Initial Inventory Customer shall enter into a contract for service under this Schedule and provide a written inventory of all equipment at each of service requested, including the type and nameplate rating for each piece of equipment. The billing energy for each point of service will be determined by the Utilities Electric Engineering Division estimation of the kWh usage based on the type, rating and quantity of the equipment provided by the Customer. Monthly bill will be based on the following calculations: 1. Total Wattage. 2. Total Wattage times estimated annual operating hours as set in the contract equals annual watt hours. 3. Annual watt hours divided by 1000 hours equals annual kilowatt hours (kWh) Attachment B Item #4     Packet Pg. 203     UNMETERED ELECTRIC SERVICE UTILITY RATE SCHEDULE E-16 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No. E-16-2 Supersedes Sheet No. E-16-2 Effective 7-1-202516 dated 07-01-2016 4. Annual kWh divided by twelve (12) months equal monthly kWh. 5. Monthly kWh times current rate per kWh = monthly bill for each unmetered service location or equipment. b. Updating Inventory Customer will update its inventory by informing the Utilities Electric Engineering Division in writing of changes in type, rating and/or quantity of equipment as such changes occur, and billings will be adjusted accordingly. Upon Utilities Electric Engineering Division request, but no later than the one year anniversary of the date on which Customer first takes service, Customer shall provide an updated inventory of all equipment at each point of service. c. Test Metering The Utilities Electric Engineering Division may, at its discretion, test meter the load at various types and ratings of the Customer’s equipment to the extent necessary to verify the estimated kWh usage used for billing purpose and, where dictated by such test metering, Utilities Electric Engineering Division will make prospective adjustments in estimated usage for subsequent billing purposes; however, Utilities shall be under no obligation to test meter- the load of Customer’s equipment. Utilities’ decision not to test meter the load of Customer’s equipment shall not release Customer from the obligation to provide to Utilities Electric Engineering Division, and to update, annually as provided in section b, an accurate inventory of the types, rating and quantities of equipment upon which billing is based. d. Inspection The Utilities Electric Engineering Division shall endeavor to inspect the equipment at each point of service annually as close to the anniversary date of the contract as is practical, and make prospective adjustments in billing as indicated by such inspections; however, Utilities shall be under no obligation to conduct such inspections for the purpose of determining accuracy of billing or otherwise. Utilities decisions not to conduct such inspections shall not release Customer from the obligation to provide to Utilities Electric Engineering Division, and to update, an accurate inventory of the types, rating and quantities of equipment upon which billing is based. e. Billing for Service As the service described in this schedule is unmetered, Customer agrees to pay amounts billed in accordance with the current inventory, regardless of whether any of the installations of the Customer’s equipment were electrically operable during the period in Attachment B Item #4     Packet Pg. 204     UNMETERED ELECTRIC SERVICE UTILITY RATE SCHEDULE E-16 CITY OF PALO ALTO UTILITIES Issued by the City Council Sheet No. E-16-3 Supersedes Sheet No. E-16-3 Effective 7-1-202516 dated 07-01-2016 question and regardless of the cause of such equipment failure to operate. E. MISCELLANEOUS RATES: Service Description Rate * 1. License Fee for Electric Conduit Usage (A) Exclusive use $ 1.94/ft/yr (B) Non-Exclusive use 0.97/ft/yr 2. Processing Fee for Electric Conduit Usage Actual Cost 3. License Fee for Utility Pole Attachments (A) 1 ft. of usable space $ 29.5947.60/pole/yr (B) 2 ft. of usable space 32.3995.20/pole/yr (C) 3 ft. of usable space 35.18142.80/pole/yr 4 ft. of usable space $37.98/pole/yr 4. Processing Fee for Utility Pole Attachments $1525.00/pole 5. License Fee for mounting communication equipment including distributed antenna systems on utility poles $329.44270.00/pole/yr * Rates are monthly unless otherwise indicated. F. NOTES: The fees set forth in Section E.1 through E.5, inclusive, are subject to adjustment annually in accordance with fluctuations in the Consumer Price Index (CPI), if any. The base for computing the adjustment is the Consumer Price Index for All Urban Consumers (CPI-U) for the San Francisco-Oakland-San Jose MSA, which is published by the U.S. Department of Labor, Bureau of Labor Statistics for the month of December of a base year, which falls within the year in which a master license agreement is signed by the City and the licensee. The adjustment shall be calculated, if there is an increase or decrease between December of a base year (when the rate(s) is/are first applicable) and December of any subsequent base year. {End} Attachment B Item #4     Packet Pg. 205     EXPORT ELECTRICITY COMPENSATION UTILITY RATE SCHEDULE E-EEC-1 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No. E-EEC-1 Sheet No.E-EEC-1 dated 7-1-20243 Effective 7-1-20254 A. APPLICABILITY: This Rate Schedule applies in conjunction with the otherwise applicable Rate Schedules for each Customer class. This Rate Schedule may not apply in conjunction with any time-of-use Rate Schedule. This Rate Schedule applies to Customer-Generators as defined in Rule and Regulation 2 who are either not eligible for Net Energy Metering or who are eligible for Net Energy metering but elect to take Service under this Rate Schedule. B. TERRITORY: This rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. RATE: The following compensation rate shall apply to all electricity exported to the grid. Per kWh Export electricity compensation rate $ 0.1243 0.1420 D. SPECIAL CONDITIONS 1. Metering equipment: Electricity delivered by CPAU to the Customer-Generator or received by CPAU from the Customer-Generator shall be measured using a Meter capable of registering the flow of electricity in two directions (aka “bidirectional meter”). The electrical power measurements will be used for billing the Customer-Generator. CPAU shall furnish, install and own the appropriate Meter. 2. Billing: a. CPAU shall measure during the billing period, in kilowatt-hours, the electricity delivered and received after the Customer-Generator serves its own instantaneous load. b. CPAU shall bill the Customer-Generator consumption charges for the electricity delivered by CPAU to the Customer-Generator based on the Customer-Generator’s applicable Rate Schedule. c. In the event the electricity generated exceeds the electricity consumed and therefore is received by CPAU, the Customer will receive a credit for all electricity received by CPAU at the buyback Rate designated in section C above. {End} Attachment B Item #4     Packet Pg. 206     NET METERING NET SURPLUS ELECTRICITY COMPENSATION UTILITY RATE SCHEDULE E-NSE-1 CITY OF PALO ALTO UTILITIES Issued by the City Council Supersedes Sheet No. E-NSE-1 Sheet No. E-NSE-1 dated 07-01-20243 Effective 7-1-20254 A. APPLICABILITY: This Rate Schedule applies to eligible residential and small commercial Net Energy Metering Election A Customers who, at the end of an annual settlement period, as described in Rule 29, are Net Surplus Customer-Generators of electricity who elect to receive monetary compensation as such preference is indicated on the net surplus electricity election form. This Rate Schedule only applies to Customers who participate in Net Energy Metering, and does not apply to Customers that take service under the City’s Net Energy Metering Successor Rate, as each of these terms are defined in Rule and Regulation 2. B.TERRITORY: This rate schedule applies everywhere the City of Palo Alto provides Electric Service. C. RATES: Per kWh Net Surplus Electricity Compensation rate $ 0.1273 0.1427 D. SPECIAL CONDITIONS 1.Net Surplus Electricity Compensation Rate eligibility shall be determined as specified in Rule 29. Net surplus electricity, as specified in Rule 29, if applicable, will be multiplied by the above compensation rate to determine the Customer’s annual net surplus electricity compensation stated in dollars. 2. Additional terms, conditions and definitions govern Net Energy Metering Service and Interconnection, as described in Rule 29. {End} Attachment B Item #4     Packet Pg. 207     Attachment C Electric Utility Financial Details Item #4     Packet Pg. 208     Attachment C Electric Utility Capital Improvement Program (CIP) Financial Details Item #4     Packet Pg. 209     Attachment D 6 8 5 9 APPENDIX A: ELECTRIC UTILITY RESERVES MANAGEMENT PRACTICES Item #4     Packet Pg. 210     Attachment D 6 8 5 9 e) For cash flow management and contingencies related to the Electric Utility’s Capital Improvement Program (CIP), as described in Section 10 (CIP Reserve) f) For rate stabilization, as described in Section 11 (Rate Stabilization Reserves) g) For operating contingencies, as described in Section 12 (Operations Reserves) h) For tracking revenues earned via the sale of Low Carbon Fuel Credits allocated by the California Air Resources Board to the City, as well as expenses incurred, in accordance with California’s Low Caron Fuel Standard program, as described in Section 15 (Low Carbon Fuel Standard Reserve) i) Any funds not included in the other reserves will be considered Unassigned Reserves and shall be returned to ratepayers or assigned a specific purpose as described in Section 13 (Unassigned Reserves). Section 4. Reserves for Commitments At the end of each fiscal year the Electric Supply Fund and Electric Distribution Fund Reserves for Commitments will be set to an amount equal to the total remaining spending authority for all contracts in force for the Electric Supply Fund and Electric Distribution Fund, respectively, at that time. Section 5. Reserves for Reappropriations At the end of each fiscal year the Electric Supply Fund and Electric Distribution Fund Reserves for Reappropriations will be set to an amount equal to the amount of all remaining capital and non-capital budgets that will be reappropriated to the following fiscal year for each Fund in accordance with Palo Alto Municipal Code Section 2.28.090. Section 6. Electric Special Projects Reserve The Electric Special Projects Reserve (ESP Reserve) will be managed in accordance with the policies set forth in Resolution 9206 (Resolution of the Council of the City of Palo Alto Approving Renaming the Calaveras Reserve to the Electric Special Project Reserve and Adoption of Electric Special Project Reserve Guidelines). These policies are included from Resolution 9206 as amended to refer to the reserves structure set forth in these Reserves Management Practices: a) The purpose of the ESP Reserve is to fund projects that benefit electric ratepayers; b) The ESP Reserve funds must be used for projects of significant impact; c) Projects proposed for funding must demonstrate a need and value to electric ratepayers. The projects must have verifiable value and must not be speculative, or high-risk in nature; d) Projects proposed for funding must be substantial in size, requiring funding of at least $1 million; e) Set a goal to commit funds by the end of FY 2025; f) Any uncommitted funds remaining at the end of FY 2030 will be transferred to the Electric Supply Operations Reserve and the ESP Reserve will be closed; Item #4     Packet Pg. 211     Attachment D 6 8 5 9 Section 7. Hydroelectric Stabilization Reserve after the transfers described above shall be the basis for staff’s determination, with Council approval, of whether to implement the Hydro Rate Adjuster (Electric Rate E-HRA) for the following fiscal year. Item #4     Packet Pg. 212     Attachment D 6 8 5 9 Maximum Level Average annual (12 month)1 CIP budget, for 48 months of budgeted CIP expenses2 b) Changes in Reserves: At the end of each fiscal year staff will transfer from the Distribution Operations Reserve to the CIP Reserve an amount equal to the amount of electric utility unspent CIP budget at the end of the fiscal year reduced by the amount of any contractual commitments and reappropriations. Any other additions to or withdrawals from the CIP reserve require Council action. c) Minimum Level: i) If, at the end of any fiscal year, the minimum guideline is not met, staff shall present a plan to the City Council to replenish the reserve. The plan shall be delivered by the end of the following fiscal year, and shall, at a minimum, result in the reserve reaching its minimum level by the end of the next fiscal year. For example, if the CIP Reserve is below its minimum level at the end of FY 2017, staff must present a plan by June 30, 2018 to return the reserve to its minimum level by June 30, 2019. In addition, staff may present, and the Council may adopt, an alternative plan that takes longer than one year to replenish the reserve, or that does so in a shorter period of time. d) Maximum Level: If there are funds in this reserve in excess of the maximum level staff must propose in the next Financial Plan to transfer these funds to another reserve or return them to ratepayers in the funds to ratepayers, or designate a specific use of funds for CIP investments that will be made by the end of the next Financial Planning period. Staff may also seek City Council to approve holding funds in this reserve in excess of the maximum level if they are held for a specific future purpose related to the CIP. Section 11. Rate Stabilization Reserves Funds may be added to the Electric Supply or Distribution Fund’s Rate Stabilization Reserves by action of the City Council and held to manage the trajectory of future year rate increases. Withdrawal of funds from either Rate Stabilization Reserve requires action by the City Council. If there are funds in either Rate Stabilization Reserve at the end of any fiscal year, any subsequent Electric Utility Financial Plan must result in the withdrawal of all funds from this Reserve by the end of the Financial Planning Period. The Council may approve exceptions to this requirement, when proposed by staff to provide greater rate stabilization to customers. Section 12. Operations Reserves The Electric Supply Fund and Electric Distribution Fund Operations Reserves are used to manage normal variations in the costs of providing electric service and as a reserve for contingencies. Any portion of the Electric Utility’s Fund Balance not included in the reserves described in Section 4 to 11 above will be included in the appropriate Operations Reserve unless the reserve has reached its maximum level as set forth in Section 12 (e) below. Staff will manage the Operations Reserves according to the following practices: Item #4     Packet Pg. 213     Attachment D 6 8 5 9 a) The following guideline levels are set forth for the Electric Supply Fund Operations Reserve. These guideline levels are calculated for each fiscal year of the Financial Planning Period based on the levels of Operations and Maintenance (O&M) and commodity expense forecasted for that year in the Financial Plan. Minimum Level 60 days of Supply Fund O&M and commodity expense Target Level 90 days of Supply Fund O&M and commodity expense Maximum Level 120 days of Supply Fund O&M and commodity expense b) The following guideline levels are set forth for the Electric Distribution Fund Operations Reserve. These guideline levels are calculated for each fiscal year of the Financial Planning Period based on the levels of O&M expense forecasted for that year in the Financial Plan. Minimum Level 60 days of Distribution Fund O&M expense Target Level 90 days of Distribution Fund O&M expense Maximum Level 120 days of Distribution Fund O&M expense c) Minimum Level: If, at the end of any fiscal year, the funds remaining in the Supply Fund or Distribution Fund’s Operations Reserve are lower than the minimum level set forth above, staff shall present a plan to the City Council to replenish the reserve. The plan shall be delivered within six months of the end of the fiscal year, and shall, at a minimum, result in the reserve reaching its minimum level by the end of the following fiscal year. For example, if the Operations Reserve is below its minimum level at the end of FY 2014, staff must present a plan by December 31, 2014 to return the reserve to its minimum level by June 30, 2015. In addition, staff may present an alternative plan that takes longer than one year to replenish the reserve. d) Target Level: If, at the end of any fiscal year, either Operations Reserve is higher or lower than the target level, any Financial Plan created for the Electric Utility shall be designed to return both Operations Reserves to their target levels by the end of the forecast period. e) Maximum Level: If, at any time, either Operations Reserve reaches its maximum level, no funds may be added to this Reserve. Any further increase in that fund’s Fund Balance shall be automatically included in the Unassigned Reserve described in Section 13, below. Section 13. Unassigned Reserves If the Operations Reserve in either the Electric Supply Fund or the Electric Distribution Fund reaches its maximum level, any further additions to that fund’s Fund Balance will be held in the Unassigned Reserve. If there are any funds in either Unassigned Reserve at the end of any fiscal year, the next Financial Plan presented to the City Council must include a plan to assign them to a specific purpose or return them to the Electric Utility ratepayers by the end of the first fiscal year of the next Financial Planning Period. For example, if there were funds in the Unassigned Reserves at the end of FY 2016, and the next Financial Planning Period is FY 2017 through FY 2021, the Financial Plan shall include a plan to return or assign the funds in the Unassigned Reserve by the end of FY 2017. Staff may present an alternative plan that retains these funds or returns them over a longer period of time. Section 14. Intra-Utility Transfers between Supply and Distribution Funds Item #4     Packet Pg. 214     Attachment D 6 8 5 9 Transfers between Electric Distribution Fund Reserves and Electric Supply Fund Reserves are permitted if consistent with the purposes of the two reserves involved in the transfer. Such transfers require action by the City Council. Section 15. Low Carbon Fuel Standard (LCFS) Reserve This reserve tracks revenues earned via the sale of Low Carbon Fuel Credits allocated by the California Air Resources Board to the City, as well as expenses incurred, in accordance with California’s Low Caron Fuel Standard program. At the end of each fiscal year, the LCFS Reserve will be adjusted by the net of revenues and expenses associated with California’s LCFS program. Section 16. Cap and Trade Program Reserve This reserve tracks unspent or unallocated revenues from the sale of carbon allowances freely allocated by the California Air Resources Board to the electric utility, under the State’s Cap and Trade Program. Funds in this Reserve are managed in accordance with the City’s Policy on the Use of Freely Allocated Allowances under the State’s Cap and Trade Program (the Policy), adopted by Council Resolution 9487 in January 2015. At the end of each fiscal year, the Cap and Trade Program Reserve will be adjusted by the net of revenues and expenses associated with the Cap and Trade program. Section 17. Electrification Reserve This reserve is used to track funding of City buildings, appliance and vehicle electrification projects and programs, including development and implementation costs and associated financial incentives, loans and rebates for participating customers. The reserve may be funded by any lawful source of funds available for such programs, including new or ongoing utility revenues derived from customer participation. The reserve balance shall be annually adjusted based on the net of revenues and expenses associated with the City’s building appliance and vehicle electrification projects and programs using this reserve. Item #4     Packet Pg. 215     Attachment E COMMUNICATIONS PLAN AND OUT REACH EXAMPLES The fiscal year (FY) 2026 electric utility communications strategy addresses the cost drivers for a rate increase including the City’s significant investment in electric grid infrastructure, rising costs for transmission access charges, increasing renewable energy portfolio standards, tightening resource adequacy requirements, and financial reserve recovery. One of the larger capital improvement projects in progress now is the electric grid modernization, which was developed to expand capacity and enhance reliability for increased electric load. Thus the equity transfer to the General Fund has increased along with the grid modernization asset value and will be reassessed as the utility issues debt. Staff will inform customers of the need to recover funds to bring electric supply operations reserves above the minimum guidelines following the reserve drawdowns during the pandemic, drought, and high winter energy prices during 2022-2023. It is also important to educate customers about the cost to buy and transport electricity to Palo Alto, and distribute it within Palo Alto. Critical components of CPAU’s expenses include maintaining and replacing infrastructure, customer service, billing, and administration. Long-term cost trends show supply and distribution costs increasing over time. Despite raising rates, electric costs to customers still remain lower than the comparator regional investor-owned utility, PG&E. City of Palo Alto Utilities (CPAU) communication methods include utilities webpages, utility bill inserts, messaging on utility bills and MyCPAU online account management platform, email newsletters, print and digital ads, social media, and business and neighborhood customer presentations. CPAU promotes energy efficiency programs to help customers keep utility bill costs low even as market prices increase or CPAU raises utility rates. Programs such as GoGreen Financing and advisor services for energy efficiency and electrification offer residents assistance for home upgrades. CPAU provides free consulting services and rebates for commercial energy efficiency upgrades and programs for electric vehicle (EV) charging infrastructure to assist in the switch from fossil fueled transportation to clean, electric driving. Throughout the year, CPAU hosts free educational workshops to help residents and businesses better understand energy usage and learn ways to improve efficiency to keep utility costs low. The MyCPAU online account management portal provides customers with direct access and more information about utility account and consumption data. CPAU customers benefit from local control and policy setting, and community values-driven programs and services, including the decision to go carbon neutral in 2013. Palo Alto’s renewable energy purchase agreements contribute to our utility’s long-term energy security and commitment to sustainability. The City’s Sustainability and Climate Action Plan (S/CAP) focuses on electrification as a primary way to reduce greenhouse gas emissions. CPAU recently launched several new rebate programs in partnership with the State and other industry entities to offer rebates for customers to switch from natural gas appliances to electric. CPAU will highlight these resources and reinforce how community-driven policies, such as for beneficial electrification, factor into our utility rates, and reflect the value provided by CPAU as a municipal utility. Item #4     Packet Pg. 216     Attachment E Item #4     Packet Pg. 217     MEMORANDUM Unmetered Electric Service Rate Methodology 1 16701 NE 80th Street  Suite 102  Redmond, WA 98052  425-889-2700  Fax 866-611-3791  www.gdsassociates.com Georgia Texas Alabama New Hampshire Wisconsin Florida Maine Washington California MEMORANDUM TO Jim Fleming FROM Amber Gschwend DATE February 11, 2025 RE Unmetered Electric Service Rate Technical Memo INTRODUCTION This memo summarizes the methodology and assumptions used to develop rates for the City of Palo Alto’s Unmetered Electric Service Rate Schedule (E-16). This schedule includes the following services: 1.Unmetered Electric Service 2.License Fee for Electric Conduit Use 3.License Fee for Utility Pole Attachments 4.License Fee for mounting communications equipment on utility poles (including antenna systems) This memo provides the rate calculations for each of the above fees. The appendix contains a rate survey of local utilities providing the same services. UNMETERED ELECTRIC SERVICE The current rate for Unmetered Electric service is $9/month plus estimated energy use billed at the E-2 energy rate. The fixed charge is based only on the staffing cost to calculate bills for unmetered customers. At the current rate for Program Assistant I, the staff who performs the annual billing, it requires on average two hours to recalculate, invoice, and track each unmetered customer bill on an annual basis. At a current fully loaded labor rate of $65.78/hour for a Program Assistant I,1 the annual cost is $131.55, or $10.96/month. This rate should be updated when the City of Palo Alto Labor Agreements Salary Schedule is updated. The energy charges are equal to E-2 rates. POLE ATTACHMENT RATE To provide electric service, CPAU owns 5,888 utility poles. Communication providers and PG&E have attachments on CPAU’s poles and share the maintenance costs. This memo describes the assumptions and methodologies used to calculate an appropriate pole attachment rate for potential new attachments. The recommended pole attachment rates are based on the AB1027 (2011) framework for calculating pole attachment rates, codified at Public Utilities Code (PUC) section 9510 et seq.; with the goal that adopted pole attachment rates do not either subsidize or over- charge communication providers. PUC section 9512(c) exempts poles that are under joint ownership including Northern California Joint Pole Association. This memo applies to attachments that are not part of the joint ownership agreement. 1 Labor rate of $43.85/hour plus 50% for benefits. Attachment F Item #4     Packet Pg. 218     MEMORANDUM Unmetered Electric Service Rate Methodology 2 Input Assumptions and Methodology Assembly Bill 1027 2 allows utilities to recover the annual ownership cost of associated utility poles including ongoing maintenance costs and annual capital costs (depreciation). Costs are based on a utility’s current asset values and maintenance costs. The annual cost is calculated based on the attachment’s share of the utility pole’s capacity. In addition to the annual fee, a one-time fee may also be charged for new pole attachments. Key inputs to the pole attachment rate are summarized in Table 1. TABLE 1: POLE ATTACHMENT RATE METHODOLOGY Usable Space Measured in feet, the space available for attachments • PUC 9512(a)(1) dictates 13.5 feet, subject to factual rebuttal Space Occupied by Attachment Measured in feet, space required for each attachment 1 ft is standard Usable Space Share Measured as a percentage equal to the space occupied by the • 13.5 feet of usable space • • • • • average age from CPAU pole database • Useful life of a pole is 80 years based on CPAU replacement schedule • Estimated values as described later in • • adjusted by 15% to remove value of appurtenances used only for electric • • Based on FY2023 actual costs Depreciation Annual cost of capital Annual depreciation expense is 1.3% based on 80-year asset life The net book value for poles is an important input for calculating the cost share for overhead maintenance, depreciation, and administration cost adders. The net book value must be adjusted for capital contributions. The City does not have a long-standing record for capital contributions for the history of its current pole population. However, the current agreements indicate that pole costs are often 2Now part of the California Public Utilities Code (PUC) section 9510 et seq Attachment F Item #4     Packet Pg. 219     MEMORANDUM Unmetered Electric Service Rate Methodology 3 shared 50% between the City and communications providers. Therefore, it is conservatively assumed that 50% of the net book value for poles is contributed capital. This amount is removed from the bare cost of the poles. POLE ATTACHMENT RATE Figure 1 illustrates the pole attachment rate methodology. Table 2 details the resulting pole attachment rate using the methodology and inputs described. The resulting annual fee is $47.60/ attachment. CPAU is planning for significant pole replacements in the next 5-10 years and should revisit this calculation with updates, as the net book value of the poles is expected to increase over time with the capital expenses planned. FIGURE 1: POLE ATTACHMENT LEASE METHODOLOGY Lease Rate ($/Attachment/Year) Bare Pole Net Book Value ($/Pole) Annual Operating Costs ($/Pole) Depreciation + G&A +Annual O&M Annual Operating Costs ($/Pole) Net Book Value Ownership ($/Pole) Ownership ($/Pole) Usable Space Factor (%) Attachment F Item #4     Packet Pg. 220     MEMORANDUM Unmetered Electric Service Rate Methodology 4 TABLE 2: POLE ATTACHMENT RATE CALCULATION Line Formula/Source O & M Adder 1 Maintenance Expense FY2024 Prelim. Actual $3,690,146 2 Net Investment (Accumulated Depreciation) Line 8 - Line 9 $10,757,928 3 Line 1/Line 2 G & A Adder 4 Total General & Administrative Expense FY2023 Actual $6,090,703 5 Net Book Value (All Plant in Service) As of Ending FY2023 $215,968,770 6 Line 4/Line 5 Capital Cost Adder 7 Annual Depreciation Rate 1/80 years 1.3% 8 Capital Cost Original Cost $21,622,546 9 Net Book Value Original Cost less Depreciation $10,864,618 10 Line 8/Line 9 × Line 7 11 Net Book Value Line 9 $10,864,618 12 Number of Poles Pole Database 5,888 13 Net Cost of Bare Pole (Line 11/Line 12) × (1-15%) $1,568.43 14 Average Height of Pole (ft) From CPAU Pole Database 46 15 Space Occupied by Attachment Number of Feet Required 1 16 Usable Space (ft) PUC section 9510 et seq 13.5 17 Usable Space Share of Pole Height (%) Line 16/Line 14 29.3% 18 Net Cost of Bare Pole Line 13 $1,568.43 19 Carrying Cost Percentage Sum lines 3, 6, 10 39.6% 20 Annual Operation Cost per pole Line 18 × Line 19 $621.25 21 Cost of Ownership Line 18+ Line 20 $2,189.68 22 Cost of Ownership (Based on Usable Space) Line 17× Line 21 $642.62 23 Usable Space Factor (%) Line 15/ Line 16 7.4% 24 Line 22 × Line 23 In addition to the attachment fee, a processing fee is charged per pole to cover engineering and field review. This processing fee is calculated based on the current labor rate of $152/hour and the hours required (1.0 hours). This hourly rate includes benefits and administrative overhead. The resulting fee is $152 per pole. This Attachment F Item #4     Packet Pg. 221     MEMORANDUM Unmetered Electric Service Rate Methodology 5 is the same charge from URS C-1 Utility Miscellaneous Charge. The rate schedule could reference URS C-1 rather than providing the rate in URS-16. TABLE 3: POLE ATTACHMENT PROCESSING FEE 0.5 $152.00 $76.00 0.5 $152.00 $76.00 LICENSE FEE FOR SMALL CELL ATTACHMENTS In 2018, the Federal Communications Commission (FCC) established new rules around small cell attachments to utility poles. The order intended to make more available the deployment of 5G networks. Utilities may recover the annual cost of service to small cell attachments as long as those costs are deemed reasonable. The FCC further states that reasonable annual costs are typically limited to $270 per pole per year for small cell attachments. The current annual fee for small cell attachments is set at the 2018 value of $270. The recommended annual fee updates this value using the Consumer Price Index for All Urban Consumers in the San Francisco-Oakland-Hayward area. The recommended updated license fee is $329.44 per year per pole. CONDUIT LEASE RATE The lease fee for electric conduit use is calculated much the same way as the pole attachment rate. The conduit lease is for exclusive use only since conduit is not shared. The City tracks O&M costs for underground conduit separately. Annual O&M costs are $300,000. General and administrative costs plus depreciation expense is calculated at 4.9% of the net book value for conduit. These costs plus direct conduit O&M costs total to produce an annual rate of $1.94/foot. Figure 2 illustrates the general methodology while Table 4 provides the detailed calculations. FIGURE 2: CONDUIT LEASE FEE METHODOLOGY Conduit Lease Rate, ($/ft/year) Conduit Net Book Value ($/ft) Direct Annual Operating Costs ($/ft/year) Adder for Depreciation and G&A (%) Attachment F Item #4     Packet Pg. 222     MEMORANDUM Unmetered Electric Service Rate Methodology 6 TABLE 4: CONDUIT LEASE RATE CALCULATION line Formula/Source 1 CPAU Records Feet of Conduit 575,264 2 Account 366 Fixed Assets Capital Cost $34,186,622 3 Net Book Account 366 Depreciation $17,403,632 4 Line 2 - Line 3 Net Book Value $16,782,990 5 Line 4 / Line 1 Net Book Value per Foot of Conduit, $/ft $29.17 6 CPAU Records Annual O&M Costs $300,000 7 Line 6 / Line 1 8 Actual FY23 Expenses Total General & Administrative Expense $6,090,703 9 Fixed Assets Net Book Value (All Plant in Service) $215,968,770 10 Line 8 / Line 9 Administrative Expense Adder 2.8% 11 1/100 years Annual Depreciation Rate 1.0% 12 (Line 2/Line 4) × Line 11 Depreciation Adder 2.0% 13 Line 10 + Line 12 Total Carrying Cost Adder 4.9% 14 Line 13 × Line 5 15 Line 7 + Line 14 Attachment F Item #4     Packet Pg. 223     MEMORANDUM Unmetered Electric Service Rate Methodology 7 SUMMARY Table 5 compares the current and recommended rates for Unmetered Utility Service: TABLE 5: RECOMMENDED RATES FY2026 Rate 1.Customer Charge, $/month $9.00 $10.96 2.Energy Charge, $/kWh Same as E-2 Same as E-2 1.Conduit License Fee, $/foot/year $1.94 $1.94 2.Processing Fee for Electric Conduit Usage Actual Cost Actual Cost 3.Pole Attachment License Fee, $/Foot/Year $29.511 $47.60 4.Processing Fee for Utility Pole Attachments, $/pole $55.00 $152.00 5.License Fee for mounting communication equipment including distributed antenna systems on utility poles, $/pole 1.The current rate includes a small incremental increase of $2.80/year for each additional foot of leased space up to 4 feet. The recommended unmetered service rate aligns closely with the FY2025 E-2 rate and excludes costs related to meter reading since Utility Rate Schedule E-16 provides the process for determining energy requirements based on equipment specifications. For pole attachments, it is recommended that CPAU charge the same fee for each foot of usable space licensed for communications use. This recommendation is consistent with PUC 9510(a)(1). The Appendix shows that the calculated pole attachment rate is higher than the rates published by other utilities surveyed. The sampling of utilities for pole attachment rates is difficult since many participate in the Northern California Joint Pole Association that manages standard pole attachments for member agencies. Pole attachment rates in other states are commonly in the $30- $40/attachment range. The rate level is mostly impacted by the net book value of the pole attachment and the depreciation schedule. Attachment F Item #4     Packet Pg. 224     MEMORANDUM Unmetered Electric Service Rate Methodology 8 APPENDIX TABLE 6: POLE ATTACHMENT RATE COMPARISON $47.60 $18.50 $21.94 TABLE 7: SMALL CELL ATTACHMENT RATE COMPARISON $329.44 $1,475 deposit $94.08 increased 2.5% annually $303.41 increased 3% annually $270 increased 3% annually each effective date TABLE 8: UNMETERED SCHEDULE $10.961 Summer (May 1-Oct 31) (E-2)$0.26485 Winter (Nov 1- Apr 30) (E-2)$0.17290 $15.75 $0.20113 $5.06 First 800 kWh $0.24377 Above 800 kWh $0.22130 $13.28 $0.15700 $20.75 $0.27180 1. Updates according to hourly rate of Program Assistant I at 2 hours per year. https://www.cityofpaloalto.org/Departments/Human-Resources/Labor- Agreements-and-Salary-Schedules Attachment F Item #4     Packet Pg. 225     April 2, 2025 www.cityofpaloalto.org FY 2026 Electric Rate Proposal Utilities Advisory Commission Item #4     Packet Pg. 226     2 Proposal •5.1% overall rate increase in FY 2026 (11% increase in distribution rates, combined with 1% increase in supply rates) Drivers •Significant investment in grid modernization funded by revenues and bond financing; first bond issuance in FY 2026 •Reserves recovering from 2020-2022 drawdown •In current year, power supply costs lower than budget •Longer-term transmission costs & renewable energy targets are rising and Resource Adequacy requirements are tightening; Resource Adequacy costs are expected to increase while Resource Adequacy sales revenue declines Compared with Preliminary Rates •Cost increases including: new warehouse and laydown yard for grid modernization , replacement of emergency generators, General Fund Transfer increase to reflect grid modernization asset value •Reflects climate action budget •Supply forecast update Electric Rate Proposal Item #4     Packet Pg. 227     3 Electric Bill Comparisons Note: PG&E Rates Effective March 1, 2025; Santa Clara Rates Effective January 1, 2025; Palo Alto Rates Effective July 1, 2024 **calculated using the "average" bundled total rates, and Climate Zone X, which includes most nearby comparison communities *Includes the annual climate credit, and Climate Zone X, which includes most nearby comparison communities Item #4     Packet Pg. 228     4 Electric Cost and Revenue Projections Item #4     Packet Pg. 229     5 Electric Supply Operating Reserve Projections Received $24M Overcharges Refund Item #4     Packet Pg. 230     6 Electric Distribution Operating Reserve Projections Maintained rates with no increases in FY2021 and FY2022, and utilized the operating reserve to cover expenses Item #4     Packet Pg. 231     7 Electric Bill Impact Item #4     Packet Pg. 232     8 Communication and Outreach Key Messages •Reasons for rate increases and benefits to customers •Competitive rates to other utilities and neighboring cities •What the City is doing to keep costs down •City programs and services to help customers keep utility bill costs low Outreach Strategies •Public Meetings: UAC, Finance, City Council •Digital Communication:website, social media, email newsletters, City blog, videos •Direct Mail: utility bill inserts,Proposition 218 notice,SFPUC rates postcard •Local Media Engagement: articles, interviews Sample utility bill insert about energy efficiency Replacing a utility pole as part of the Electric Grid Modernization Project Item #4     Packet Pg. 233     9 Electric Recommendation ​​​ U 1.Approving the Fiscal Year 2026 Electric Utility Financial Forecast shown in this staff report and attachments; and 2.Approving the transfer at the end of FY 2025 of up to $5 million from the Electric Utility Supply Operations Reserve to the Distribution Operations Reserve. 3.Amending Rate Schedules (Attachment B) effective July 1, 2025 (FY 2026): E -1 (Residential Electric Service), E-2 (Residential Master-Metered and Small Non-Residential Electric Service), E -2-G (Residential Master- Metered and Small Non-Residential Green Power Electric Service), E-4 (Medium Non-Residential Electric Service), E-4-G (Medium Non-Residential Green Power Electric Service), E-4 TOU (Medium Non-Residential Time of Use Electric Service), E-7 (Large Non-Residential Electric Service), E-7-G (Large Non-Residential Green Power Electric Service), E -7 TOU (Large Non-Residential Time of Use Electric Service), E-14 (Street Lights), E-16 (Unmetered Electric Service), E-EEC-1 (Export Electricity Compensation), and E-NSE-1 (Net Metering Surplus Electricity Compensation) Item #4     Packet Pg. 234     Item No. 5. Page 1 of 1 Utilities Advisory Commission Staff Report From: Kiely Nose, Interim Director of Utilities Lead Department: Utilities Meeting Date: April 2, 2025 Report #: 2503-4375 TITLE Review and Recommend Utilities Advisory Commission FY 2025 – 2026 Work Plan for City Council Approval RECOMMENDATION Staff recommends the Utilities Advisory Commission (UAC) to review, provide feedback, and recommend City Council approval of the FY 2025 - 2026 Annual Work Plan. BACKGROUND This item was brought to the March 5, 2025 Utilities Advisory Commission meeting and was not heard. This item is being brought back to the Commission. ATTACHMENTS Attachment A: Staff Report 2501-4002 from March 5, 2025 Meeting Attachment B: Utilities Advisory Commission Draft FY 2025-2026 Workplan Attachment C: Supplemental Staff Report Attachment D: Proposed Topics from UAC Commissioners AUTHOR/TITLE: Kiely Nose, Interim Director of Utilities Staff: Kaylee Burton, Utilities Administrative Assistant Item #5     Packet Pg. 235     Item No. 5. Page 1 of 2 Utilities Advisory Commission Staff Report From: Kiely Nose, Interim Utilities Director Lead Department: Utilities Meeting Date: March 5, 2025 Report #: 2501-4002 TITLE Review and Recommend Utilities Advisory Commission FY 2025 – 2026 Work Plan for City Council Approval RECOMMENDATION Staff recommends the Utilities Advisory Commission (UAC) to review, provide feedback, and recommend City Council approval of the FY 2025 - 2026 Annual Work Plan. BACKGROUND In accordance with the 2020 City Boards, Commissions, and Committees Handbook, each Board and Commission should prepare an annual work plan for proposal to the City Council by the second quarter of the calendar year. The Council will review the work plan and provide feedback annually at a dedicated City Council meeting. The annual report should include the results of the prior year’s plan. When applicable, the City Council would like to see metrics of community involvement and participation in meetings and activities included in the work plan. Council expects Boards and Commissions to work on items in the approved workplan. In addition, Council may refer additional items to the Boards and Commissions in response to new developments. Boards and Commissions should refrain from expending their time and that of the staff liaison on items that have not been approved by the City Council. If the Board or Commission would like to add an issue for review after an annual workplan has been approved by the City Council, a prompt request by the Board or Commission Chair to the City Council is required and the item will then be addressed by the City Council as a whole. ANALYSIS Staff prepared attachment A, a draft UAC workplan for FY 2025-2026 based on standing items for the Commission. In addition, Utilities Advisory Commissioners were surveyed for proposed FY 2025-2026 priorities for the UAC to consider. Below are the responses received at the publishing of this report, in no specific order. Upon development and approval of the UAC workplan by the Commission, it will be brough forward to the City Council for review and approval to ensure alignment of priorities and resources in Spring 2025. Potential UAC Workplan Items received to date: Item #5     Packet Pg. 236     Item No. 5. Page 2 of 2 •Emergency Preparedness: Examples that may be covered could include long term power outages and wildfire mitigation plan •Advocacy Letters: Examples that have been previously discussed: One Water Advocacy Letter and Bay Area Water Supply & Conservation Agency Advocacy Letter [currently agendized for March 2025 commission meeting] Staff will issue an additional supplemental item with any additional feedback from Commissioners by March 3, 2025 to support the UAC discussion and development of the workplan. City Council Priority Setting Process Status: On January 25, 2025, the City Council adopted its priorities for 2025: •Economic Development & Retail Vibrancy •Climate Action and Adaptation & the Natural Environment Protection •Implementing Housing Strategies for Social and Economic Balance •Public Safety, Wellness & Belonging As has been the City’s practice for the past few years, staff has followed the City Council approval of its priorities by developing and recommending for City Council approval a set of objectives to advance each priority throughout the calendar year. The City Council is scheduled to review these objectives (68 recommended) and City Council workplans for 2025 at its February 24, 2025 meeting, guiding and prioritizing resource allocation for 20251. RESOURCE IMPACT The UAC recommended workplan does not have an immediate fiscal impact; however, resources may be needed to be allocated to implement workplan items the Commission wishes to recommend. Opportunities to allocate resources to projects include the FY 2026 annual budget process, with adoption scheduled for June 2025. In addition, the City Council may amend the budget throughout the year. ATTACHMENTS Attachment A: DRAFT Utilities Advisory Commission FY 2025 – 2026 Workplan AUTHOR/TITLE: Kiely Nose, Interim Director of Utilities Staff: Kaylee Burton, Utilities Administrative Assistant 1 City Council, February 24, 2025, Agenda Item #10; https://cityofpaloalto.primegov.com/meetings/ItemWithTemplateType?id=7064&meetingTemplateType=2&comp iledMeetingDocumentId=13223 Item #5     Packet Pg. 237     7 1 0 0 Utilities Advisory Commission 2025-2026 Workplan Staff Liaison: Kiely Nose, Interim Director of Utilities Lead Department: Utilities About the Commission The Utilities Advisory Commission (UAC) is charged with providing advice on long range planning and policy matters, acquisition, development, and financial review of electric, gas and water resources; joint action projects with other public or private entities which involve electric, gas or water resources; environmental implications of proposed electric, gas or water utility projects; and conservation and demand management. Additionally, the UAC is charged with providing advice on the acquisition, development and financial review of the dark fiber network and wastewater collection utilities. As a highly regulated industry, there may be matters not listed below that will be presented to the UAC in accordance with current or future (local, state, or federal) legislative requirements. The Commission is composed of 7 members. Terms are for 3 years and commence on the first meeting in April. See Palo Alto Municipal Code (PAMC) Sections 2.23.010 (Membership), 2.23.030 (Term of Office), 2.23.040 (Officers), 2.23.050 (Purpose and Duties), and 2.23.060 (Meetings). Current Commissioners •Greg Scharff (Chair) •Meagan Mauter (Vice Chair) •Phil Metz •Rachael Croft •Robert Phillips •Utsav Gupta •Chis Tucher Mission Statement The purpose of the Utilities Advisory Commission shall be to advise the City Council on present and prospective long-range planning, policy. major program, and project matters relating to the electric, gas, water, wastewater collection, fiber optics utilities, and recycled water matters, excluding daily operations. The Utilities Advisory Commission shall have the following duties: •Advise the City Council on long-range planning and policy matters pertaining to: Joint action projects with other public or private entities which involve, affect or impact the utilities; Environmental aspects and attributes of the utilities; •Water and energy conservation, energy efficiency, and demand side management; and Recycled water matters not otherwise addressed in the preceding subparagraphs; •Review and make recommendations to the City Council on the consistency with adopted and approved plans, policies, and programs of any major utilities; Item #5     Packet Pg. 238     7 1 0 0 •Formulate and review legislative proposals regarding the utilities, to which the city is a party, in which the city has an interest, or by which the city may be affected; •Review the utilities capital improvement programs, operating budgets and related reserves, rates, and the recycled water program, budget, rate, and thereafter forward any comments and recommendations to the finance committee or its successor; •Provide advice upon such other matters as the City Council may from time to time assign. The Utilities Advisory Commission shall not have the power or authority to cause the expenditure of city funds or to bind the city to any written, oral, or implied contract. The Utilities Advisory Commission may, subject to its City Council-approved bylaws and at the discretion of the City Council, foster and facilitate engagement with the general public, not excluding representatives of commerce and industry, in regard to the utility matters referred to in subsections above. Prior Year Accomplishments Advanced Heat Pump Water Heater (HPWH) Pilot Program: -Over 500 customers have installed a heat pump water heater using the City’s rebate, full service, or emergency replacement program to-date, and the pace of installations is approximately 20% of annual water heater replacements. Advanced Meter Infrastructure (AMI) -21,492 gas customers have had completed installs -18,035 water customers have had completed installs -21,411 electric customers have had completed installs Renewable Energy Credit (REC) Exchange Program -Approved by Council on 12/12/2022 to continue the program and return to the UAC and Council in 2025 -Sold 161,900 PCC1 RECs and purchased 160,000 PCC3 RECs, yielding $10.86 million in net revenue for 2024 Fiber-to-the-Premises (FTTP) -Began coordinating grid mod project with FTTP -Identified and began addressing key challenges -Pilot to align grid mod project with FTTP -CEQA Initial Study for FTTP Electric Grid Modernization (Grid Mod) An Electrification Study was performed by a consultant with the goal of identifying any electric system upgrades needed across the electric distribution system. The focus of the Study resulted recommendations for upgrades to line transformers, feeder capacity, increasing the number of switches and connections on the system between feeders and substations, and upgrading substation equipment. Staff prepared plans and construction drawings to a Pilot area selected within the Phase 1 boundary, Construction on the first modernization project is started in Q2 2024 in a 1200-home neighborhood pilot area bounded by Louis, Amarillo, 101, and Embarcadero. The modernization projects will be coordinated with fiber to the premise (FTTP) construction. To capitalize on synergies between GridMod and FTTP, a Pilot area combining both GridMod and FTTP project was identified, and the joint Pilot project boundary was fixed. The GridMod design was contracted with consultant Entrust, and the construction of the Pilot was started in Q3 of 2024, and completion of the construction work is anticipated at the end of Q2 Item #5     Packet Pg. 239     7 1 0 0 2025.As of January 9, 2025, , 60 of 74 poles have been replaced, 51 new transformers have been installed, and the service to over 500 households in the Pilot area have been prepared and are ready for electrification. Engineering staff has started the planning and design work for the remainder of the Phase 1 area, which Staff expects the construction of to be completed by Q4 of 2025. Sewer System Replacement 31 (SSR31) -Conducted successful outreach meeting with Barron Square HOA residents who have been impacted by the activity at the project’s laydown yard. The on-going communication has been effective to keep the Barron Square residents informed. -The portion of the work requiring 2-lane closure on El Camino Real was performed at night. No more nighttime work is anticipated on this project, unless unexpected condition dictates. -Continue with daytime work. The remaining work will be performed on El Camino Real between Fernando and Sheridan and on Page Mill Road between El Camino Real and Ramons Way. -Project is currently on track to be completed in May 2024, before Caltrans and County of Santa Clara’s paving projects start. Water main replacements 9,893 Feet of water main replaced 252 services replaced Item #5     Packet Pg. 240     7 1 0 0 STANDING TOPIC 1:Annual Budget - Rate changes to Water, Gas, Electric, Wastewater collection, and Fiber services. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL-APPROVED The community will have a better understanding of the rates and why they are being charged. Rates are reviewed annually and each rate change is determined by the COSA reports. UAC review is in March, FCM review is in April and CCM approval is in June Staff time, Legal team review time, Consultant time to create the COSA report. Council approval of budget N/A HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE Rates are always a high priority. The change has an impact on the community and economy.N/A N/A STANDING TOPIC 2:Water Supply: Consider potential future sources of water supply. This includes recycled water, demand management programs, grey water, treatment efforts, and use of effluent. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL-APPROVED The benefit to the community is to have ample water source and supply when needed in the event of a drought or for basic uses This is not a single effort or project; however, a year-round effort Staff time, Legal team review time, Consultant time for development of the One Water Plan which is a holistic 20-year water portfolio Council approval of the One Water Plan which includes adaptable, dynamic, water supply portfolios. N/A HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE Having knowledge of where the City's water supply is coming from and how we maintain that supply is a maintained priority.. N/A N/A Item #5     Packet Pg. 241     7 1 0 0 STANDING TOPIC 3:Electric Supply: Consider updates to the electric supply portfolio and issues relating there to. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL-APPROVED Reliability for customers, health benefits, and clean energy responsible for the vast carbon reduction the City has achieved over the past decade This is an ongoing regularly monitored effort and does not have a start or completion time Approved budget, staff time, legal review time, consultants as needed, and technology Release of RFP for more renewable energy supply options in the Integrated Resource Plan (IRP). Have the IRP near completion to present to the UAC for review and approval. Maintaining and expanding the zero emissions portion of the portfolio and carbon neutral plan. N/A HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE The health and well being of the community is a high priority for Council and Utilities N/A N/A STANDING TOPIC 4:Gas Supply: Consider aspects of the gas supply portfolio and issues relating thereto BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL-APPROVED Gas is a type of energy used to provide some residences and businesses in Palo Alto with heat for their facilities and some cooking appliances. This is not a single effort or project; however, a year-round effort Staff time, Legal team review time, Consultant time when necessary Utilities on average are 10% below PG&E's rates year round N/A HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE The health and well being of the community is a high priority for Council and Utilities N/A N/A Item #5     Packet Pg. 242     7 1 0 0 STANDING TOPIC 5:Utilities CIP's: Discuss CIP projects. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL-APPROVED There are multiple CIP's throughout the Utilities, each with their own benefits to the City and the community from rebuilding the water reservoirs, repairing and replacing sewer lines or water mains, maintaining street lights, building out the fiber backbone, upgrading the meter system to upgrading the outage management system Utilities has multiple projects in their Council approved CIP budget. Most of these projects are multi year based. Staff time, Legal review time, Procurement time for setting up contracts, contractors for work completion Utilities CIP success is completion of the project within the timeline and budget that was approved by Council. N/A HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE Maintaining quality of life for the community creates the priority for Utilities projects N/A N/A STANDING TOPIC 6:Reliability, Resiliency and adaptation: Ongoing discussions regarding the reliability and resiliency of the utilities. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL-APPROVED This matter encompasses a number of situations including but not limited to the S/CAP program. The benefit of any of the reliability or resiliency projects is to support the City and community now and into the future with reliable, safe connections, water, electricity, fiber and natural gas These programs and projects are year round and do not have a beginning or an end. For example the S/CAP is set to accomplish the goal by 2030 Budget approval, staff time, additional staff, and some use of consultants Maintaining a high level of efficient, safe, economic, and reliable services. YES HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE The S/CAP is a Council priority and therefore a High priority for the Utilities Advisory Commission to focus on N/A N/A Item #5     Packet Pg. 243     7 1 0 0 STANDING TOPIC 7:Legislative Initiatives: The Utility tracks many local, state and federal bills that touch on utilities. Should any new laws, regulations, or ordinances pass during the year, the UAC may need to discuss the changes. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL-APPROVED Staff tracks the possible changes in laws and regulations and presents the proposed changes to the UAC for review and consideration to the Council. Legislature meets throughout the year and possible changes can occur at any point that effect utilities Staff time, travel, and legal review time This is a non-measurable project State Mandated HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE N/A The level of priority is based on the particular legislation being proposed and how it effects the regulated utilities N/A STANDING TOPIC 8:Council Driven Initiatives: The UAC will address any matter assigned by the City Council. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL-APPROVED The UAC is made up of a diverse group with insight of the innerworkings of and vast knowledge in the utilities arena. Timeline will be addressed once assigned UAC, Staff and legal review time Council approval of completed task YES HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE Typically when Council requests a review of an item it is considered a priority N/A N/A Item #5     Packet Pg. 244     7 1 0 0 Standing Topic 9: S/CAP Support: Discuss community engagement, technology (current & emerging), finance, and community scaling of S/CAP plans to meet the City’s goals for sustainability and climate action. This includes electrification efforts, possible code modifications, potential full or partial retirement of the gas distribution system, and electrification of gas appliances. It also includes permitting and inspection processes for customers wishing to upgrade panels, electrify appliances, or install solar PV, energy storage, and/or EV charging systems. BENEFICIAL IMPACTS TIMELINE BENEFICIAL IMPACTS TIMELINE BENEFICIAL IMPACTS UAC expertise will help the Council S/CAP Committee make progress on achieving S/CAP goals with benefits to reducing the impacts of climate change. In these areas: Ongoing support to the S/CAP Committee UAC expertise will help the Council S/CAP Committee make progress on achieving S/CAP goals with benefits to reducing the impacts of climate change. In these areas: Ongoing support to the S/CAP Committee UAC expertise will help the Council S/CAP Committee make progress on achieving S/CAP goals with benefits to reducing the impacts of climate change. In these areas: HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE Support S/CAP Committee goals to develop plans and improve processes for building electrification Discussions of other forms of emissions reduction besides building electrification Support S/CAP Committee goals to develop plans and improve processes for building electrification Item #5     Packet Pg. 245     Item No. 5. Page 1 of 5 Utilities Advisory Commission Supplemental Report From: Kiely Nose, Interim Director of Utilities Meeting Date: March 5, 2025 Item Number: 5 Report #:2502-4220 TITLE Supplemental Information: Review and Recommend Utilities Advisory Commission FY 2025 – 2026 Work Plan for City Council Approval RECOMMENDATION Staff recommends the Utilities Advisory Commission (UAC) to review, provide feedback, and recommend City Council approval of the FY 2025 - 2026 Annual Work Plan. This supplemental report transmits proposed workplan items submitted by UAC commissioners subsequent to the release of the original staff report to assist in facilitation of the UAC discussion and recommended workplan for Council consideration. BACKGROUND In accordance with the 2020 City Boards, Commissions, and Committees Handbook, each Board and Commission should prepare an annual work plan for proposal to the City Council by the second quarter of the calendar year. The purpose and duty of the UAC is outlined in the City of Palo Alto Municipal Code Chapter 2.23.050. “The purpose of the utilities advisory commission shall be to advise the city council on present and prospective long-range planning and policy and major program and project matters relating to the electric utility, gas utility, water utility, wastewater collection utility, fiber optics utility and recycled water matters, excluding daily operations.” ANALYSIS The Commission is recommended to consider its purpose as defined in the Palo Alto Municipal Code, the City Council Priorities, the City Council Priority objectives, and Council approved workplans and strategic plans as some of the variables when deciding on recommended workplan items to the work of the Commission for 2025. This will ensure alignment with the City Council activities and resource allocation. The UAC may add a workplan topic, amend an existing topic on the draft workplan to address a desired topic more explicitly, and may choose Item #5     Packet Pg. 246     Item No. 5. Page 2 of 5 to consider items for future years. As a reminder, the workplan is intended to reflect activities to be completed in a 12-month period, specifically identifying the UAC role and actions. This workplan will be forwarded for City Council review and approval by recommendation of the UAC. UAC Commissioner Workplan Feedback Item #5     Packet Pg. 247     Item No. 5. Page 3 of 5 13. Emergency Preparedness: Prepare CPAU and the Palo Alto community it serves for emergencies, such as earthquakes, cyber-attacks, wildfires, and floods, in coordination with Palo Alto’s Office of Emergency Services (OES). 14. Grid Modernization Strategy: successfully address the key issues that will affect the design and cost of CPAU’s future distribution Grid. Annual update on project. Proposed Topics and Current Status: To assist the UAC in finalizing it’s recommended workplan, staff have provided the following information to assist in identifying any existing alignment with standing UAC workplan topics and or the current status or schedule of items suggested by various Commissioners. Title UAC Standing Topic Current Status / Schedule 1. Long-Term Strategy for CPAU’s Natural Gas Utility Topics 8 & 9 Decommissioning of the CPAU natural gas utility is an action item both in the Council 2025 priority objective and S/CAP approved workplan and falls under these two standing topics. Specifically, ‘Share preliminary analysis of strategies for a physical and financial transition of the gas utility to relevant policymakers and stakeholders’ is the expected work for 2025. 2. Feasibility of Purple Pipe Expansion & Establishment of a Recycled Water Utility N/A New Workplan Item Purple pipe has previously been explored in the Northwest County Recycled Water Strategic Plan which included a business plan for a system expansion1 with discussion at the UAC2 and City Council3 in 2018. Information from this study was recently updated for use in the One Water Plan. Current Regional Water Quality Control Plant improvements are focused on rehabilitation of the over 50-year-old regular sewage treatment functions. 3. Universal Access N/A New Workplan Item 4. Regional Collaboration on Water Supply N/A Advocacy letters both discussing the One Water Plan framework and engagement with SFPUC and BAWSCA are agendized for the March 2025 UAC meeting for recommendation to City Council. 5. Credit Card Fees N/A New Workplan Item This topic relates to Standing Topic 1, review of the annual budget and rate changes for utility services though can be considered off cycle by the Commission from the typical rate setting process. 1 Northwest County Recycled Water Strategic Plan https://www.cityofpaloalto.org/files/assets/public/v/1/public- works/water-quality-control-plant/recycled-water/2021/tm-6.5_30dec2020.pdf 2 UAC October 2018; https://cityofpaloalto.org/civicax/filebank/blobdload.aspx?t=72210.49&BlobID=68055 3 City Council November 2018; https://cityofpaloalto.org/civicax/filebank/blobdload.aspx?t=72210.49&BlobID=68054 Item #5     Packet Pg. 248     Item No. 5. Page 4 of 5 Title UAC Standing Topic Current Status / Schedule 6. Fiber to the Premises (FTTP) Pilot & Phase 1 Topic 1 FTTP is an action item in the Council 2025 priority objectives ‘Complete build-out of fiber-to-the-premises (FTTP) pilot Phase 1 with grid modernization…and work to establish internet service provider operations’ in 3rd quarter (Q) of CY 2025. In alignment with the Standing Topic 1, rates for fiber services are scheduled for UAC review in Q2 of CY 2025. 7. Federal Issues and Collaboration Topic 7 Standing Topic 7 addresses legislative initiatives, tracking local state and deferral bills that impact utilities operation and regulations and review of changes needed with the UAC to the extent needed. These actions support the real time tracking of issues a recognize alignment with existing legislative guidelines for City operations as adopted by the City Council annually. Considering the recent federal administrative actions, the City Council has taken action to create a Council ad hoc committee to draft a resolution that ‘underscores the Council’s Commitment to Sustaining Palo Alto Values and Interests’ in the face of the federal administration. 8. Data Center Competitiveness N/A New Workplan Item 9. Microplastics and Forever Chemicals in Water Supply and Wastewater N/A New Workplan Item As part of the City’s operating activities, testing of wastewater and water occur in accordance with state and federal laws and regulations as well as with applicable permits issued by regulatory agencies. During 2023, the City tested for PFAS and all results were below reporting limits and were presented in the City’s 2023 Water Quality Report.4 During 2022, the State Water Board issued an order for certain agencies to begin testing for microplastics.5 SFPUC is one of initial agencies required to monitor surface water for microplastics and staff are waiting for the results of the state’s investigation. 10.Time of Use Rates (Electricity) Topic 1 In alignment with the Standing Topic 1, rates for electric utility service pilot time of use rates are scheduled for UAC review in 2025 including implementation plans and the rates recommended for feedback and recommendation to the Finance Committee and City Council. 11.Demand side management (DSM) Topics 2, 3, 4, & 9 Standing Topics 2-4 facilitate discussion of demand side management of utility commodities. Annually as part of the 2nd quarter Utilities Quarterly Report, the annual DSM report is prepared and transmitted for the UAC review. In addition, 4 City’s 2023 Water Quality Report https://www.cityofpaloalto.org/files/assets/public/v/1/utilities/water- quality/pal108cpauwaterannual2023.pdf 5 Water State Board Begin Testing for Microplastics https://www.waterboards.ca.gov/drinking_water/certlic/drinkingwater/documents/microplastics/rs2022- 0032.pdf Item #5     Packet Pg. 249     Item No. 5. Page 5 of 5 Title UAC Standing Topic Current Status / Schedule the 10-year Energy Efficiency goals are scheduled to be reviewed by the UAC in spring 2025. Discussion of technologies to advance demand management are included as part of the Reliability and Resiliency Strategic Plan reviewed by UAC and approved by Council and part of the approved S/CAP plan outlined in Standing Topic 9. 12.Stanford Interconnection N/A New Workplan Item The City and Stanford have explored interconnection between the agencies as recently as January 2021, however, discussions concluded due to parties unable to reach agreement on price and terms. Resources were refocused and have continued to work on establishing a second transmission corridor with PG&E. 13.Emergency Preparedness N/A New Workplan Item The Office of Emergency Services is updating the City’s Emergency Operations Plan (EOP) in 2025. The EOP will be in alignment with the 2023 Santa Clara County Multijurisdictional Hazard Mitigation Plan. Additionally, two work initiatives are underway relating to this topic, an audit by the City Auditor (as provided by Baker Tilly) regarding wildfire preparedness and the recent wildfire maps as released by the State of California Fire Marshall. Both are scheduled to be reviewed by the Policy & Services Committee and City Council by the conclusion of FY 2025. 14. Grid Modernization Strategy Topics 5 & 6 The significant investments for Grid Modernization capital improvements - in alignment with activities under Standing Committee topics 5 and 6, Utilities Capital Improvement Program and reliability and resiliency activities respectively - are next scheduled to be reviewed by the UAC in early FY 2026 to support review of financing authorization for issuance of debt including a project update. Studies recently reviewed by UAC inform future implementation of grid management systems to improve situational awareness, operational efficiency and Distributed Energy Resources (e.g. rooftop solar, battery storage, and electric vehicles). ATTACHMENTS Attachment B: Proposed Topics Submitted by UAC Commissioners APPROVED BY: Kiely Nose, Interim Director of Utilities Item #5     Packet Pg. 250     Proposed Topic 1: Long-Term Strategy for CPAU’s Natural Gas Utility - Develop a comprehensive 5–20 year plan to align the gas utility with climate goals, financial stability, and regulatory changes, while evaluating options for electrification, biogas integration, and long-term infrastructure strategy. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL-APPROVED Provides a comprehensive, future-focused plan for CPAU’s natural gas utility over the next 5, 10, and 20 years. Integrates climate impact, regulatory environment, and evolving market conditions (e.g., supply, building electrification trends). Ensures financial stability by addressing costs, procurement strategies, tariffs, revenues, and the utility’s contribution to the City. Identifies how best to align the gas utility with Palo Alto’s sustainability goals and community expectations over the long term. Short‐Term (6–12 mo.) Define scope and objectives of the long‐term gas utility strategy. Gather data and costs on externalities (supply constraints, regulatory changes, climate impacts, cost of compliance). Engage stakeholders (residents, businesses, environmental groups) to identify concerns/goals. Medium‐Term (12–24 mo.) Develop draft plan outlining potential pathways (e.g., maintaining gas utility with partial electrification incentives, exploring advanced biogas/hydrogen blends, pricing in true cost of gas and its externalities, or phasing down distribution). Conduct financial analyses (cost, revenue, rates, capital investment, utility payment to City) and regulatory feasibility. Long‐Term (24+ mo.) Finalize and adopt a formal strategy for the next 5–20 years. Begin implementing policy, infrastructure, and rate changes as approved by Council. Staff analysis (Utilities, Finance, Sustainability) and potential consultants for policy, engineering, and market assessments. Legal counsel for evolving regulations and potential litigation (e.g., building electrification mandates). Stakeholder outreach resources for public engagement. Completion and Council adoption of a 5–20 year gas utility strategy. Clear articulation of how externalities and climate goals are addressed (e.g., cost of carbon, supply reliability, how pricing of gas rates should be adjusted to reflect externalities). Stable or well‐managed utility finances, including City payment, without undermining broader climate goals. Positive feedback from community stakeholders on transparency and alignment with City values. Gas regulation intersects with state and federal laws (CPUC, etc.). Local ordinances or building codes may require revision (Council approval). Council likely to be involved if new rate structures, code changes, or litigation decisions arise. HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE High Priority, but not urgent—designed for a 2–3 year planning horizon. N/A Likely, if changes to local ordinances, building codes, or rate structures are proposed. Item #5     Packet Pg. 251     Proposed Topic 2:Feasibility Study of Purple Pipe Expansion & Establishment of a Recycled Water Utility - Assess the potential for expanding Palo Alto’s recycled water system BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL-APPROVED Maximizes the City’s significant capital investment in the wastewater treatment/recycling plant. Reduces reliance on potable water by expanding the purple pipe system and usage within Palo Alto. Creates potential for a Recycled Water Utility to govern, finance, and manage distribution effectively. Enhances sustainability, resilience to drought, and local water independence. Short‐Term (6–12 mo.) Map and assess the existing purple pipe infrastructure, including the small system running down East Bayshore to the golf course and Greer Park. Quantify the volume of recycled water currently sent to Mountain View vs. local use. Initiate a feasibility study addressing technical, regulatory, and financial aspects of expanding the purple pipe system within Palo Alto. Medium‐Term (12–24 mo.) Evaluate costs/benefits of expansion scenarios, including potential revenue models or cost-sharing agreements. Benchmark other cities’ successful recycled water programs to explore best practices and potential governance structures. Engage stakeholders (residents, businesses, other agencies) on feasible expansion routes and priorities. Long‐Term (24+ mo.) If recommended, establish a formal Recycled Water Utility to govern distribution, set rates, and manage infrastructure. Begin phased construction of new pipelines or retrofits based on study findings and Council approval. Engineering/Consulting services for infrastructure assessment and expansion design Financial analysis to assess cost recovery, potential rate structures, or grants Legal/regulatory review to align with state requirements on recycled water Stakeholder outreach resources for community engagement Completion of feasibility study with clear recommendations for expansion Increased local recycled water usage within Palo Alto, reducing reliance on potable supply Viable business model for a Recycled Water Utility (if pursued) that covers O&M costs Positive feedback from City Council, stakeholders, and regulatory bodies on the expansion plan Council approval for capital investments and new utility formation. Subject to state and regional regulations. HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE High priority due to current, substantial capital investment in recycling plant, to ensure City maximizes use of its investment. In addition, aligns with City’s sustainability goals. N/A Yes, major capital expansions may require formal Council action. Item #5     Packet Pg. 252     Proposed Topic 3:Universal Access - Enhance CPAU accessibility beyond ADA compliance to ensure equitable service for all customers. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED Ensures customers with disabilities can fully access CPAU services (billing portal, communications, facilities). Goes beyond minimum ADA compliance to adopt best practices in universal design. Builds equity and trust among all community members. Short‐Term (3–6 mo.) Conduct accessibility audit of CPAU platforms (e.g., billing portal, website, physical sites). Launch customer surveys & focus groups specifically for disabled customers. Medium‐Term (6–12 mo.) Implement identified improvements (e.g., user interface changes, alternative format billing). Provide staff training on universal design & inclusive communication. Long‐Term (12+ mo.) Ongoing monitoring & periodic re‐evaluation via user feedback surveys. Internal staff time Possible budget for any identified changes Higher user satisfaction among disabled customers ADA compliance is federally mandated but these efforts go beyond to provide universal access. HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE High priority given equity considerations. N/A May require council policy changes (e.g., new design standards). Item #5     Packet Pg. 253     Proposed Topic4:Regional Collaboration on Water Supply - Advocate for accurate drought planning, strengthen regional partnerships, and explore alternative water supply solutions to enhance resiliency, cost efficiency, and long-term water security. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED Enhanced drought resiliency & diversified water supply. Accurate design drought and cut back scenarios to advise current and future planning. Stronger position in regional decision‐making. Potential cost savings via joint projects. Short‐Term (6–12 months): Advocate for regional partners, e.g. BAWSCA and SFPUC, to provide accurate design drought and cut back scenarios. Seek to bolster BAWSCA to advocate for accurate drought planning. Work with regional partners to identify and study feasibility of alternative water supplies. Medium‐Term (12–24 months): Work with regional partners to communicate to public potential planning around alternative water supply. Staff time for interagency coordination Possible consulting studies (supply forecasting, demand modeling) Incorporation of Palo Alto’s interests in regional water plans. Tangible progress on shared infrastructure or alternative supply solutions. Improved drought planning data. N/A HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE High priority. BAWSCA has a new CEO/General Manager that the City and UAC should work with. SFPUC has just begun its own alternative water supply planning process, with a primary focus on purified water projects. Its recently approved 10-year capital improvement plan allocates $260 million toward alternative water supply programs within its $3.16 billion total budget, but much of this planning remains in the early stages. The UAC recently considered and did not proceed with the city’s One Water Plan, advising focusing on regional partnership to enhance our understanding of the drought planning scenarios for future regional and local planning and to seek a comprehensive regional strategy to alternative water supply. N/A N/A Item #5     Packet Pg. 254     Proposed Topic 5:Credit Card Fees - Implement a fee pass-through to reduce City costs, improve transparency, and allow larger credit card payments while monitoring customer impact. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED Potential $1.2M/year savings for the Utilities budget by shifting transaction fees to customers who choose credit cards. Encourages cost transparency and may incentivize lower‐fee payment methods. Allow for customers to charge larger bill amounts (>$5,000) to their credit cards, as fees are transparently passed on. Short‐Term (3–6 months): Implement updated fee pass- through structure and billing system changes. Develop communication plan for customers. Medium‐Term (6–12 months): Monitor and review impact on customer satisfaction and payment behavior. Billing software updates & staff training Customer communication/outreach Reduction in City’s transaction‐fee costs (targeting $1.2M savings). Customer acceptance measured by complaint levels or payment method shifts. Minimal negative impact on delinquency rates. N/A HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE N/A Lower priority but also low-hanging fruit that can save $1.2 million annually. May require policy update. Item #5     Packet Pg. 255     Proposed Topic 6:Fiber to the Premises (FTTP) – Pilot and Phase 1 - Review and evaluate pilot results, recommend to Council ISP rates, refine business and operations plan for Phase 1 rollout, and inform decision on further investment after Phase 1. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED Enhances high‐speed internet access for residents & businesses. Ensure equitable access to high- speed and high-quality internet across the City, its neighborhoods, and its residents. Future‐proofs City’s communications infrastructure. Short‐Term (6–12 mo.): Complete pilot, begin marketing, gather data on take‐rate. - Medium‐Term (12–24 mo.): Evaluate pilot results, refine business and operations plan for Phase 1 rollout. Capital investment for fiber deployment Marketing budget Ongoing operations & maintenance funding Demonstration of operational success from pilot. Meeting or exceeding pilot and phase 1 goals Positive customer feedback and subscription growth. Sustainable model to cost‐recovery or revenue. Likely needs Council approval for budget allocations, rate structures, or bond financing HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE High priority. The Council has approved a FTTP pilot and phase 1 to study eventual build-out to the city. In the coming year, the pilot will be started and studied. N/A N/A Item #5     Packet Pg. 256     Proposed Topic 7:Federal Issues and Collaboration - Monitor federal policy changes, informational item regarding impact, secure critical funding, advocate for beneficial legislative or regulatory actions to protect City resources, and strengthen federal partnerships. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED Helps the City mitigate negative effects from federal policy changes (e.g., budget cuts, shifting regulations). Identifies resources (e.g., federal grants) that City utilities rely on, ensuring continuity of funding & compliance. Positions the City to advocate effectively for beneficial regulatory or legislative changes. Strengthens relationships with federal representatives and agencies. Short‐Term (3–6 mo.) Inventory federal resources/programs used by the City (funding, permits, land, etc.). Develop risk assessment of potential federal cost‐cutting impacts. Identify immediate federal legislative or regulatory priorities for City advocacy. Medium‐Term (6–12 mo.) Engage regularly with federal representatives (e.g., staff briefings, letters, visits). Develop strategies to safeguard critical grants or programs. Long‐Term (12+ mo.) Propose any desired federal law/regulation changes for long‐term City benefit. Formalize ongoing mechanism for monitoring and responding to federal actions. Staff time to compile inventories and coordinate advocacy Possible outside lobbyist or legal counsel for federal issues Budget for travel/meetings in Washington, D.C. or regionally Timely identification of potential federal funding shortfalls or policy changes. Number of successful federal grants retained or newly secured despite cost‐cutting. Positive engagement/feedback from federal reps on City’s positions. Incorporation of City concerns into relevant legislative proposals or regulatory rulemaking. Council approval might be required for formal policy positions or lobbying expenditures. HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE High priority given the potential budget or regulatory impacts. N/A May require council policy changes, including city resolutions or official stances on federal issues. Item #5     Packet Pg. 257     Proposed Topic 8:Data Center Competitiveness - Review and recommend policies and incentives to attract data centers to Palo Alto BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED Potential to attract new data center developments or expansions, boosting local economic activity and job creation. Leverages Palo Alto’s carbon-free energy to market a more sustainable data center environment versus competitors. Increases City revenue streams (utility sales, property taxes, etc.) Increased sales may lead to reduced rates for our customers. Builds on existing tech reputation of Palo Alto/Silicon Valley. Short‐Term (1–3 mo.) Conduct market analysis comparing Palo Alto’s electricity rates, real estate availability, permitting processes, and data center–friendly policies to those of neighboring cities (e.g., Santa Clara). Identify key barriers or advantages (e.g., cost competitiveness, clean energy, land use constraints). Medium‐Term (3–9 mo.) Develop targeted policy or rate options to attract data centers (e.g., special electricity rate packages, expedited permitting zones). Collaborate with real estate developers and property owners to address space constraints or lease structures. Long‐Term (9+ mo.) Implement pilot incentive programs or updated rates if Council-approved. Monitor outcomes, refine strategies, and continue marketing Palo Alto’s advantages. Staff time (economic development, utilities, planning) for market research and policy review. Potentially consultant to assess market if needed. Legal counsel if changes to rates or zoning require new ordinances. Budget for outreach/marketing materials. Clear, data-driven competitiveness report identifying Palo Alto’s position vs. neighbors. If implemented, new or expanded data center developments within city limits. Revenue growth from increased utility sales. Favorable feedback from the tech community regarding Palo Alto’s data center environment. Council approval for new electricity rates or zoning changes. HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE High priority due to opportunity to compete in exploding data center market due to the rise of artificial intelligence. N/A Yes, if altering utility rate structures or zoning/permitting processes for data centers. Item #5     Packet Pg. 258     Proposed Topic 9:Microplastics and Forever Chemicals in Water Supply and Wastewater - Assess and mitigate forever chemical (PFAS etc.) and microplastic contamination in drinking water and wastewater. BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED Improved public health and environmental protection by studying and reducing PFAS (and other forever chemicals) and microplastics in drinking water and discharged wastewater. Compliance with California and federal regulations (keeps the City ahead of regulatory curves). Potentially reduced long‐term infrastructure costs by addressing contaminants early. Builds community trust in water quality. Short‐Term (6–12 months): Initiate sampling of wastewater and water distribution system to quantify microplastics and PFAS. Conduct feasibility for solutions, such as for installing filters on residential/commercial laundry machines. Medium‐Term (12–24 months): Evaluate pilot programs for retrofitting or upgrading treatment processes. Assess whether plastic-based service lines and mains contribute microplastics to the water/soil, and study alternative pipe materials. Staff time for feasibility studies & sampling Funding for pilot mitigation projects Reduction in PFAS/microplastic levels to target thresholds. Subject to CA and potential future federal regulations on PFAS/microplastics May need Council approval if new local ordinances or major capital investments are required. HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE High priority in determining baseline microplastic and forever chemical contamination and studying mitigation given increased awareness of extent of contamination and detrimental health effects. N/A May require policy update (e.g., if requiring certain filters or changing procurement standards). Item #5     Packet Pg. 259     Proposed Topic 10: Time of Use Rates - bring TOU to UAC early to give us a chance to discuss and advise on options before they are rolled out. Then, once TOU rates are in place, report out on how it is going at least once a year BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED •Discuss what are our goals as a city? Reduce GHG use within PA? Minimize cost of electricity? Reduce stress on grid from vehicle charging? •How many and what rate structures would we consider? •What rate structures are in use in other comparable areas and how are they performing? Staff, Legal, •Suggestions for top level KPIs: o Fraction or bar chart incorporating all customer classes: __ signups / __ customers in customer class o chart: % of customers uptake (cumulative by quarter by customer class)- this would reflect performance over time o chart: % of total PA electricity on TOU rates (cumulative by quarter)- this would reflect performance over time o Measures of GHG reduced / cost saved (depending on what the goal was) Cost-of-service requirements set forth in the California Constitution and applicable statutory law HIGH PRIORITY LOWER PRIORITY COUNCIL- DIRECTED POLICY UPDATE Item #5     Packet Pg. 260     Proposed Topic 11:Demand side management: annual update and discussion on programs and performance BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED •What are the city's goals of demand side management? Reducing load / water use? Electrification? Load shifting? •What are our strategies / programs and how are they performing? (beyond TOU rates) •(this part may overlap with grid mod / SCAP projects): What technologies does CPAU recommend to customers to help with these changes? What are the steps to determine what these recommendations will be? How will we communicate them? (Examples: circuit sharing panels, batteries, management of vehicle charging, vehicle to grid) Staff and Legal •Create KPIs and report against them (in a numeric form, not in a paragraph description) •Suggestions for top level KPIs o Annual electric, gas, and water savings as a percent of total load o Pie charts breaking down annual electric and gas savings by end use as a percent of total energy savings o Charts showing historical electric, gas, and water savings over time o Charts showing historical adoption of EVs, solar, and storage over time HIGH PRIORITY LOWER PRIORITY COUNCIL- DIRECTED POLICY UPDATE Item #5     Packet Pg. 261     Proposed Topic 12:CPAU – Stanford Interconnection BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED Greater grid reliability/resilience if either Palo Alto’s or Stanford’s system fails. Integrated emergency planning for critical services. Short‐Term (6–12 mo.): Feasibility/engineering study on interconnection points, cost sharing. Medium‐Term (12–24 mo.): Implementation planning, permitting, construction approach. Joint technical consultants Infrastructure investment funding Coordination team (City & Stanford) Successful interconnection or backup capability in actual or simulated emergency. Minimal downtime and rapid recovery in a crisis. Positive cost‐benefit compared to not having interconnection. Likely requires formal agreement or MOU between City and Stanford. Council approval for major infrastructure investments or cost‐sharing arrangements. HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE Stanford and CPAU each currently have only one transmission line. CPAU has expressed concern over long-term power loss in the event of an accident at this transmission line (e.g., airplane crash), or upstream power loss due to disaster. CPAU power supports residences, businesses, and three major hospitals, including Stanford Hospital. Stanford has experienced power-loss events due to impacts to their PG&E transmission line, most recently in March 21, 2023. An interconnection between the grids will allow for greater grid reliability and resilience if either Palo Alto’s or Stanford’s system fails. N/A Possibly (for final agreements, budget approvals) Item #5     Packet Pg. 262     Proposed Topic 13:CPAU Electrical Emergency Preparedness BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED CPAU emergency preparedness is essential for the preparedness of the entire Palo Alto community and a key aspect of CPAU’s reliability / resilience activities. This initiative is geared to prepare CPAU and the Palo Alto community it serves for emergencies, such as earthquakes, cyber- attacks, wildfires, and floods, in coordination with Palo Alto’s Office of Emergency Services (OES). 2025-2026: Initial assessment and coordination with OES. (See “Measures of Success”) 2027 & ongoing: Implementation and regular updating. 2025-2025: CPAU staff time for establishing initial objectives and planning with OES. OES staff to work with CPAU. 1. Determination of the “design emergencies” to be used as the basis for CPAU emergency preparedness. 2. Establishment of CPAU’s risk assessment framework in coordination with OES. 3. Determination of CPAU’s roles and specific actions in each such emergency. 4. Completion of action planning and implementation in coordination with OES. N/A HIGH PRIORITY LOWER PRIORITY COUNCIL-DIRECTED POLICY UPDATE Highly important and urgent. CPAU emergency preparedness is essential for the preparedness of the entire Palo Alto community. CPAU has invested to reinforce water system operation during an emergency, for example water main upgrading and wells with emergency power. But CPAU has focused its electrical reliability efforts only on short-term interruptions. With the risk of earthquakes and other events that could cause long-term disruption to CPAU’s electricity delivery, it is essential that we develop equivalent plans for electrical resilience and CPAU responsibility during a severe emergency. CPAU needs to develop its emergency preparedness consistent with the OES “design emergency” in collaboration with OES. N/A N/A Item #5     Packet Pg. 263     Proposed Topic 14: CPAU Grid Mod Strategy BENEFICIAL IMPACTS TIMELINE RESOURCES NEEDED MEASURE OF SUCCESS STATE MANDATED / LOCAL LAW / COUNCIL- APPROVED Grid Mod represents an expenditure of $300M+. Multiple technologies and other exogenous factors will impact distribution grid design and implementation in major ways. To address those issues, the Grid Mod plan needs to include: 1. The goals that grid modernization is intended to achieve and the strategy for achieving those goals. 2. A detailed plan and roadmap articulating what will be done, and when: Anticipated “external environment” impacts over the life of the plan; key milestones and decision points for actions and expenditures; which technologies will be accommodated and when; estimated capital and operating costs; and opportunities to mitigate, reduce, or delay expenditures. With major Grid Mod expenditures already underway, CPAU needs an intensive strategic planning focus starting immediately and continuing from 2025 through 2027. 2025-2027: CPAU staff time and external experts to map out the CPAU distribution grid evolution and impacts of key exogenous factors. (See “Measures of Success.) To succeed, Grid Mod must successfully address the key issues that will affect the design and cost of CPAU’s future distribution Grid: 1.New technologies: Technological advances mean that the future grid will not be an incremental extension of today’s grid. So, Grid Mod needs to anticipate and incorporate those changes, for example, local distributed energy resources (DER) such as solar + storage; microgrids; active demand side management (DSM); electric vehicles (EVs), and advanced metering (AMI). 2.SCAP: How will the grid deliver the electricity called for by the City’s SCAP plan? 3.Resilience: When the grid is operating (reliability, up time, repairability) and during emergencies (as CPAU does for water). 4.Other exogenous factors: Especially energy supply, future regulations, and shifts in demand, such as proliferation of large data centers. N/A HIGH PRIORITY LOWER PRIORITY COUNCIL- DIRECTED POLICY UPDATE Highly important and urgent. With a planned expenditure of $300M+ Grid Mod is CPAU’s largest capital investment. To succeed and employ this capital effectively the Grid Mod plan and implementation must explicitly address and incorporate key technological and other exogenous factors. N/A N/A Item #5     Packet Pg. 264     Staff Report: 2411- 4066 – Page 1 of 51 Utilities Advisory Commission Staff Report From: Kiely Nose, Interim Director of Utilities Lead Department: Utilities Meeting Date: April 2, 2025 Staff Report: 2411- 4066 TITLE Information Report: Utilities Quarterly Report for FY25-Q2 RECOMMENDATION This is an informational report, and no action is requested. EXECUTIVE SUMMARY This report has been prepared to keep the Utilities Advisory Commission (UAC) apprised of the major issues that are facing the water, gas, electric, wastewater collection and fiber utilities including legislative/regulatory issues, utility-related capital improvement programs, operations, reliability impact measures and a utility financial summary. This updated report includes the annual Demand Side Management Report as an attachment. The UAC will be provided copies of a separate quarterly climate report containing information about greenhouse gas reduction programs such as electric vehicle charger installations and heat pump water heater replacements. Items of special interest in this report are summarized below: Vacancies and Staffing – Appendix B The Utilities Department has 51 vacant positions out of 269 authorized positions or a 19% vacancy rate at the end of December 2024 compared to 48 vacancies or 18% in September 2024. Utilities is training two new HR Liaisons and is receiving additional support from the Human Resources Department to fill the vacancies. Forty of the 51 positions are in active phases of recruitment (planning, job posting, skills assessment, interviews, and offers). Electric Utility: Supply cost for FY 2025 is currently projected to be $76.7 M, which is in line with the budgeted amount. (Section 1.1.1) Hydroelectric generation is expected to be at average levels this year. (Section 1.1.2) Utilities staff has tentatively expressed an interest in one standalone battery energy storage system (BESS) and one standalone solar project. (Section 1.1.3) Electric sales volumes through Q2 were 8.6% higher than forecasted, driven by new data center load and increased summer cooling. (Section 1.4.1) Gas Utility: Gas prices have remained low and stable. (Section 2.2) One gas main replacement project is in progress, and one is in the design stage. (Section 2.2) Item #{{item.number}}     Packet Pg. 265     Staff Report: 2411- 4066 – Page 2 of 51 Gas sales through Q2 were 18.4% lower than forecasted due to a late start to the heating season. (Section 2.4.1) Water Utility: As of December 1, precipitation at the Hetch Hetchy weather station was about 114% of median. (Section 3.1) Water sales through Q2 were close to the forecast. (Section 3.4.1) Wastewater Utility: The City is in the process of developing an invitation for bids to contract for a three-year program to inspect sanitary sewer mains using cameras and another for rehabilitating or replacing the sewer lines that run from homes or businesses to the sewer mains. (Section 4.2). Actual wastewater sales revenues through Q2 are tracking with the budget. (Section 4.3.1) Fiber Utility: The build of the fiber hut is completed. The City expects delivery of the hut to the Colorado power station in April, after approval of the building permit and preparation of the hut site including pouring of the padmount, substructure work for power and fiber, and final inspection. The contract for the operating support system and business support system (OSS/BSS) software is in progress. The OSS/BSS is the customer portal and utility operating system for customer sign-up, billing, scheduling, and Palo Alto Fiber internet provisioning. The City is recruiting for a Fiber Systems Manager to lead the fiber network expansion by integrating the existing dark fiber backbone (where necessary) with the building of fiber-to-the-premises and new fiber backbone. Item #{{item.number}}     Packet Pg. 266     Staff Report: 2411- 4066 – Page 3 of 51 OVERVIEW Utilities Quarterly Report FY 2025-Q2 Fiscal Year 2023 Item #{{item.number}}     Packet Pg. 267     Staff Report: 2411- 4066 – Page 4 of 51 1 ELECTRIC UTILITY.....................................................................................................................................................................8 1.1 ELECTRICITY SUPPLY AND TRANSMISSION ...........................................................................................................................................8 1.1.1 Forecasted Supply Costs...................................................................................................................................................8 1.1.2 Hydroelectric Conditions..................................................................................................................................................9 1.1.3 Renewable Energy Procurement......................................................................................................................................9 1.2 CAPITAL IMPROVEMENT PLAN STATUS ...............................................................................................................................................9 1.3 RELIABILITY ................................................................................................................................................................................10 1.4 FINANCIAL HEALTH ......................................................................................................................................................................11 1.4.1 Sales Forecasts vs. Actuals.............................................................................................................................................11 1.4.2 Financial Position...........................................................................................................................................................12 2.1 GAS SUPPLY AND TRANSMISSION ....................................................................................................................................................13 2.1.1 Actual and Forecasted Supply Costs ..............................................................................................................................14 2.2 CAPITAL IMPROVEMENT PLAN STATUS .............................................................................................................................................14 2.3 RELIABILITY ................................................................................................................................................................................14 2.4 FINANCIAL HEALTH ......................................................................................................................................................................15 2.4.1 Sales Forecasts vs. Actuals.............................................................................................................................................15 2.4.2 Financial Position...........................................................................................................................................................16 3.1 WATER SUPPLY AND TRANSMISSION ...............................................................................................................................................17 3.2 CAPITAL IMPROVEMENT PLAN STATUS .............................................................................................................................................19 3.3 RELIABILITY ................................................................................................................................................................................19 3.4 FINANCIAL HEALTH ......................................................................................................................................................................19 3.4.1 Sales Forecasts vs. Actuals.............................................................................................................................................19 3.4.2 Financial Position...........................................................................................................................................................20 4.1 WASTEWATER TREATMENT UPDATES AND CAPITAL PLANNING STATUS ..................................................................................................21 4.1.1 Treatment Cost Trends...................................................................................................................................................21 4.1.2 Regional Water Quality Control Plant Capital Planning Status .....................................................................................23 4.2 COLLECTION SYSTEM CAPITAL IMPROVEMENT PLAN STATUS ................................................................................................................23 4.3 FINANCIAL HEALTH ......................................................................................................................................................................24 4.3.1 Sales Forecasts vs. Actuals.............................................................................................................................................24 4.3.2 Financial Position...........................................................................................................................................................25 5.1 FIBER UTILITY STRATEGIC PLANNING ...............................................................................................................................................26 5.2 CAPITAL IMPROVEMENT PLAN STATUS .............................................................................................................................................26 5.3 RELIABILITY ................................................................................................................................................................................27 5.4 FINANCIAL HEALTH ......................................................................................................................................................................27 5.4.1 Fiber Sales......................................................................................................................................................................27 5.4.2 Financial Position...........................................................................................................................................................27 7.1 STATE LEGISLATIVE ACTIVITY ..........................................................................................................................................................30 7.2 STATE REGULATORY ACTIVITY ........................................................................................................................................................30 Item #{{item.number}}     Packet Pg. 268     Staff Report: 2411- 4066 – Page 5 of 51 8.1 OVERVIEW OF HEDGING PROGRAMS ...............................................................................................................................................32 8.2 OVERVIEW OF ENERGY RISK MANAGEMENT PROGRAM.......................................................................................................................32 8.3 FORWARD DEALS.........................................................................................................................................................................32 8.4 ELECTRIC MARKET EXPOSURE ........................................................................................................................................................33 8.5 TRANSACTION COMPLIANCE ..........................................................................................................................................................33 APPENDIX C: PALOALTOGREEN GAS PROGRAM.............................................................................................................................34 9 APPENDIX B: STAFFING AND VACANCIES...............................................................................................................................36 10 APPENDIX D: WASTEWATER UTILITY ANNUAL INFRASTRUCTURE MAINTENANCE AND REPLACEMENT REPORT ................37 11 APPENDIX E: FISCAL YEAR 2024 DEMAND SIDE MANAGEMENT REPORT............................................................................42 11.1 EXECUTIVE SUMMARY ..................................................................................................................................................................42 11.1.1 Summary Goals and Achievements................................................................................................................................42 11.2 ELECTRIC EFFICIENCY ....................................................................................................................................................................43 11.3 GAS EFFICIENCY AND ELECTRIFICATION ............................................................................................................................................45 11.4 WATER EFFICIENCY ......................................................................................................................................................................47 11.5 ELECTRIC VEHICLES ......................................................................................................................................................................48 11.6 SOLAR AND STORAGE ...................................................................................................................................................................50 Item #{{item.number}}     Packet Pg. 269     Staff Report: 2411- 4066 – Page 6 of 51 Figures FIGURE 1: FY 2025 Q2 FINANCIAL PLAN SUPPLY COST FORECAST VS. ACTUALS .........................................................................................................7 FIGURE 2: HYDRO GENERATION: FY 2025-2027 ACTUALS & PROJECTIONS (GWH)...................................................................................................8 FIGURE 3: ELECTRIC OUTAGE RELIABILITY, FY 2018 TO FY 2022............................................................................................................................9 FIGURE 4: ELECTRIC OUTAGE RELIABILITY, FY 2023 TO FY 2025..........................................................................................................................10 FIGURE 5: ELECTRIC SALES VOLUME (KWH), UP TO FY 2025-Q2..........................................................................................................................10 FIGURE 6: ELECTRIC SALES REVENUE ($), UP TO FY 2025-Q2 ..............................................................................................................................11 FIGURE 7: PALO ALTO GAS COMMODITY RATES .................................................................................................................................................12 FIGURE 8: GAS SUPPLY COSTS ($), ACTUAL VS BUDGET, UP TO FY2025-Q2...........................................................................................................13 FIGURE 9: GAS SERVICE INTERRUPTIONS, FY 2024 TO FY 2025............................................................................................................................14 FIGURE 10: GAS SALES VOLUME (THERMS), UP TO FY2025-Q2...........................................................................................................................14 FIGURE 11: GAS SALES REVENUE ($), UP TO FY 2025-Q2...................................................................................................................................15 FIGURE 12: HETCH HETCHY PRECIPITATION INDEX ..............................................................................................................................................17 FIGURE 13: WATER AVAILABLE TO THE SFPUC..................................................................................................................................................17 FIGURE 14: WATER SERVICE INTERRUPTIONS, FY 2024 TO FY 2025.....................................................................................................................18 FIGURE 15: WATER SALES VOLUME (CCF), UP TO FY 2025-Q2...........................................................................................................................19 FIGURE 16: WATER SALES REVENUE ($), UP TO FY 2025-Q2...............................................................................................................................19 FIGURE 17: PALO ALTO’S SHARE OF ESTIMATED WASTEWATER TREATMENT EXPENSES (PROJECTION AND PLANNED CIP)................................................21 FIGURE 18: CURRENT RWQCP CAPITAL WORK IN-PROGRESS (BASED ON NOVEMBER 2024 PARTNERS MEETING) ........................................................22 FIGURE 19: WASTEWATER SALES REVENUE ($), UP TO FY 2025-Q2.....................................................................................................................24 FIGURE 20: ELECTRIC RESOURCE ADEQUACY DEALS.............................................................................................................................................31 FIGURE 21: ELECTRIC ENERGY DEALS ................................................................................................................................................................32 FIGURE 22: ELECTRIC LOAD RESOURCE BALANCE, FY 2025 - 2027.......................................................................................................................32 FIGURE 23: OFFSET PORTFOLIO COMPOSITION ..................................................................................................................................................33 FIGURE 24: OFFSET PROJECT DESCRIPTIONS ......................................................................................................................................................34 FIGURE 25:UTILITIES VACANCIES AND RECRUITMENTS BY DIVISION, AS OF Q2 FY 2025 ..............................................................................................35 Item #{{item.number}}     Packet Pg. 270     Staff Report: 2411- 4066 – Page 7 of 51 1 Electric Utility The City’s electric utility serves all residential and non-residential electric demands in Palo Alto at a lower cost than PG&E in surrounding communities. Its electric supply portfolio is 100% carbon neutral. The City maintains and operates an electric distribution system but does not operate any transmission lines or any generating capacity on its own. Instead, the City belongs to Northern California Power Agency (NCPA) which operates its Calaveras hydroelectric generating plant and provides power scheduling services for its other generating resources. This carbon free power is supplied through power purchase agreements with various generation operators. 1.1 Electricity Supply and Transmission Below is an update on electricity supply and transmission services. 1.1.1 Forecasted Supply Costs The electric net supply cost for FY 2025 is currently projected to be $76.7 M, which represents a 0.4% decrease from the Adopted Budget level of $77.0 M. For FY 2026, electric net supply cost is projected to increase to $88.6 M, with the change primarily due to decreases in Resource Adequacy (RA) and Renewable Energy Credit (REC) sales revenue, which are driven by market prices for those two products coming down. During Q2 of FY 2025, net supply cost was about $0.5 M higher than budget, driven mainly by no surplus energy revenue and no credit from contract surplus energy. Figure 1: FY 2025 Q2 Financial Plan Supply Cost Forecast vs. Actuals Item #{{item.number}}     Packet Pg. 271     Staff Report: 2411- 4066 – Page 8 of 51 1.1.2 Hydroelectric Conditions The City receives power from two hydroelectric projects, the Calaveras project and the Western Base Resource contract for federal hydropower from the Central Valley Project.1 The watershed for Western hydropower is primarily in the northern end of California, while the watershed for the Calaveras project is in the Central Sierras. Following the wet water year of 2023 to 2024, reservoir levels across the state began this water year at above average levels. After an exceptionally dry January, the Northern Sierras saw better than average conditions in February, while the Central Sierras saw roughly average conditions for the month. For the water year to date, as of March 12th, precipitation and snowpack levels are about 10-20% above average levels in Northern California, while they are about 20-30% below average in Central California. However, reservoirs across the state remain slightly fuller than average for this time of year. As a result of these conditions, hydro generation levels are projected to be roughly average this fiscal year and slightly above average the following two years, with total output of about 106% of the long-term average level for FY 2025 through FY 2027. Figure 2: Hydro Generation: FY 2025-2027 Actuals & Projections (GWh) After evaluating all of the proposals received under NCPA’s Request for Proposals (RFP) for new renewable energy and storage projects2, Utilities staff has tentatively expressed an interest in one standalone battery energy storage system (BESS) and one standalone solar project. NCPA staff is in the midst of contract negotiations with these two suppliers, and both sets of discussions are progressing quickly. If these negotiations conclude successfully, staff will present these contracts to the UAC and City Council for review and approval. 1.2 Capital Improvement Plan Status The following capital projects are currently in progress or have been recently completed: EL-17001 (East Meadow Circles 4/12kV Conversion) This project is scheduled to be completed in several phases. Phase 1 is completed. Phase 2 engineering design is nearly completed and under review. Phase 2 construction will be completed June 2025. EL-10006 (Rebuild Underground 24) This project is in the design phase and scheduled to be completed in April 2025. Construction will be completed by December 2025. EL-16000 (Rebuild Underground 26) 1 The Calaveras project is a hydropower project located in Calaveras County that is maintained and operated by the Northern California Power Agency on behalf of the City and other project participants. The City is also one of several public entities with contracts with the Western Area Power Administration for “Base Resource” electricity, which is the hydroelectric power available from the federal government’s Central Valley Project (operated by the Bureau of Reclamation) after accounting for power used for Central Valley Project operations and power delivered to certain “preference” customers. 2 NCPA’s RFP yielded a total of 29 proposals – nine for standalone solar projects, nine for standalone battery energy storage systems (BESS), and 11 for solar-plus-storage projects. F F F C 8 9 1 W 3 3 2 T 3 4 4 %1 1 1 L 3 3 3 Item #{{item.number}}     Packet Pg. 272     Staff Report: 2411- 4066 – Page 9 of 51 The engineering design for this project is currently in progress. The project will be completed in multiple phases and will take additional years to complete. All engineering design phases are expected to be completed by Dec 2025. Construction will be completed by summer 2026. EL-19004 (Wood Pole Replacement) CPAU staff and contract consultants are continuously working on pole replacement designs for construction. Replacement of poles in the Grid Modernization – Pilot area is the top priority. EL-16003 (Substation Physical Security). This project is scheduled to be completed in two phases. Substation Security lighting and camera contract was awarded in June 2022. The installation for the first phase was completed for 7 of the 9 substations in December 2024. The bid package for the 2nd phase and final two substations is being prepared for solicitation. Construction to be completed by summer 2026. EL-17002 (Substation 60kV Breaker Replacement) This project funds the purchase and replacement of both 60kV and 12kV substation circuit breakers that are reaching the end of their useful life expectancy. Council approved the purchase request for the sixteen 12KV circuit breakers and seven 60kV breakers. The installation of the 12kV breakers is complete. The project to purchase the seven 60KV breakers was approved by City Council on May 20, 2024. The engineering design and installation of the 60kV breakers will begin in FY 2025 and be completed in FY 2026. EL-21001 (Foothills Rebuild) This project will rebuild the approximately 11 miles of overhead line in Foothills Park, as necessary to mitigate the possibility of wildfire due to overhead electric lines. Staff has completed 7,000 feet of substructure work and design which will eliminate the corresponding 26 poles. Substructure for Phase 1 was completed in Spring 2022 and the substructure for Phase 2 was completed in June 2023. Phase 3 construction is 73% completed. Phase 4 construction is 55% completed. Phase 5 substructure installation along Arastradero road is 53% completed. Phases 3, 4, and 5 are currently in progress, weather permitting. EL-02011 (Electric Utility Geographic Information System (GIS)) The project scope includes on-going maintenance/technical support of the existing GIS system and implementation of the new GIS platform, ESRI. EL-24000 (Grid Modernization) Engineering design and construction is in progress. Out of the 75 poles targeted for replacement in the Grid Modernization Pilot area, 65 (73%) have been replaced, with the remaining 10 poles slated for replacement by March 2025. Additionally, 563 (62%) of the 908 homes in the Pilot area are ready for electrification, with another 345 homes in line to be connected to the upgraded infrastructure by the end of April 2025. 1.3 Reliability CPAU tracks electric outages. A summary chart of these outages can be found below. Figure 3: Electric Outage Reliability, FY 2018 to FY 2022 Outage Reliability FY18 FY19 FY20 FY21 FY22 System Average Interruption Duration Index (SAIDI)3 76.28 137.54 72.85 94.22 18.93 System Average Interruption Frequency Index (SAIFI)4 0.51 1.15 0.55 0.90 0.23 Customer Average Interruption Duration Index (CAIDI)5 150.26 119.99 131.97 104.78 81.91 3 System Average Interruption Duration Index (SAIDI) - Measure of the total duration of an interruption for the average customer during a given time frame. SAIDI = (Sum of Customer Minutes Interrupted) / (Total Customers Served) 4 System Average Interruption Frequency Index (SAIFI) - the average number of times a customer will experience an interruption during a given time frame. SAIFI = (Total Customers Interrupted) / (Total Customers Served) 5 Customer Average Interruption Duration Index (CAIDI) - the average time to restore service. CAIDI = (Sum of Customer Minutes Interrupted) / (Total Customers Interrupted) Item #{{item.number}}     Packet Pg. 273     Staff Report: 2411- 4066 – Page 10 of 51 Figure 4: Electric Outage Reliability, FY 2023 to FY 2025 FY 2023Outage Reliability Q1 Q2 Q3 Q4 Annual System Average Interruption Duration Index (SAIDI)3 81.69 7.38 111.90 1.09 198.60 System Average Interruption Frequency Index (SAIFI)4 0.61 0.04 1.00 0.01 1.64 Customer Average Interruption Duration Index (CAIDI)5 134.77 190.12 110.80 121.48 121.15 FY 2024Outage Reliability Q1 Q2 Q3 Q4 Annual System Average Interruption Duration Index (SAIDI)3 n/a 37.75 67.03 16.01 120.80 System Average Interruption Frequency Index (SAIFI)4 n/a 0.18 0.36 0.19 0.73 Customer Average Interruption Duration Index (CAIDI)5 n/a 213.82 183.33 83.76 164.73 FY 2025Outage Reliability Q1 Q2 Q3 Q4 Annual System Average Interruption Duration Index (SAIDI)3 42.76 8.88 System Average Interruption Frequency Index (SAIFI)4 0.25 0.07 Customer Average Interruption Duration Index (CAIDI)5 170.21 122.17 1.4 Financial Health Below is a summary of the financial position for the electric utility. 1.4.1 Sales Forecasts vs. Actuals Actual electric sales volumes in Q2 of FY 2025 were 8.6% higher than forecasted, driven by new data center load. As a result, actual sales revenues exceeded the FY 2025 Financial Plan by 11.3%. The total FY 2025 budget electric sales volume is 810,615 MWh and the total budget revenue is $169.3 M. Item #{{item.number}}     Packet Pg. 274     Staff Report: 2411- 4066 – Page 11 of 51 Figure 6: Electric Sales Revenue ($), up to FY 2025-Q2 1.4.2 Financial Position The Electric Operations Reserves FY 2024 is at $32.3 million, below the target of $44 million, but above the minimum guideline of $30.7 million. In June 2024, Council approved the FY 2025 Electric Utility Financial Plan6 , that approved a residential system average rate increase of 9% and a transfer of $17 million from the Electric Operations Reserve to the Hydroelectric Stabilization reserve. This transfer was completed in FY 2024 and will enhance the utility's ability to manage supply cost volatility in the future. Staff will provide financial forecast projections in spring 2025. 6 Staff Report 2404-2842, Attachment D, Exhibit 2: https://www.cityofpaloalto.org/files/assets/public/v/2/agendas-minutes-reports/reports/city- manager-reports-cmrs/attachments/2024-rates/electric-utility-financial-plan-fy25.pdf Item #{{item.number}}     Packet Pg. 275     Staff Report: 2411- 4066 – Page 12 of 51 2 Gas Utility The City’s gas utility serves all residential and non-residential gas demand in Palo Alto. The City maintains and operates a system of low-pressure gas lines for delivering gas but does not operate any transmission lines. Costs for the gas utility are split approximately two thirds for the operation, maintenance, and capital improvement and one third for the cost of the gas commodity, PG&E gas transmission, compliance with the State’s Cap and Trade Program and the City’s Carbon Neutral Gas Program. 2.1 Gas Supply and Transmission After experiencing a notable price spike during winter 2022-2023, natural gas prices have seen a significant decline, returning to more typical ranges. This shift can be attributed to several factors, including milder temperatures and above average gas storage levels nationwide. The combination of these factors has put downward pressure on natural gas prices, and we do not expect an extreme price spike to occur in the near future. The chart below shows Palo Alto’s gas commodity rates from July 2021 through December 2024. Figure 7: Palo Alto Gas Commodity Rates Item #{{item.number}}     Packet Pg. 276     Staff Report: 2411- 4066 – Page 13 of 51 2.1.1 Actual and Forecasted Supply Costs Actual supply costs were approximately 22% lower than budgeted in the FY 2025 Financial Plan. This variance was primarily driven by historically low natural gas prices, which remained well below initial expectations for more typical market conditions. The total FY 2025 gas supply cost is $19.7 M. Figure 8: Gas Supply Costs ($), Actual vs Budget, up to FY2025-Q2 2.2 Capital Improvement Plan Status The following capital projects are currently in progress: GS-14003 – GMR 24B (Gas Main Replacement 24B) The GMR 24B project construction has started. Gas pipelines on University Avenue from Webster Street to Hwy 101 and surrounding streets, as well as Geng Road and Town & Country Village, are scheduled to be replaced. Construction on University Avenue is completed from Hwy 101 to Fulton Street, Geng Road area, and Town & Country Village. Construction is continuing on University Avenue from Fulton Street to Webster Street, Byron Street from University Avenue to Hamilton Avenue and on Middlefield Road from Lytton Avenue to Hamilton Avenue. Construction is anticipated to be completed in April 2025. GS-15000 – GMR 25 (Gas Main Replacement 25) The GMR 25 design drawings are being finalized and will include the replacement of pipes on Ross Road from Colorado Avenue to East Meadow Drive and surrounding streets, as well as North and Southampton Drive and surrounding streets, and Walter Hays Drive and surrounding streets. The project is expected to replace approximately 26,000 linear feet of gas mains as full federal grant funding was approved. The City received a preliminary approval for a $16.5 million grant from the Pipeline and Hazardous Material Safety Administration (PHMSA) for this project. The City has signed the grant agreement and is currently waiting for PHMSA to sign the agreement. PHMSA is a federal agency, subject to the direction of the current federal administration. Construction is anticipated to begin in FY26 due to federal grant funding requirements. 2.3 Reliability The City of Palo Alto tracks all gas service interruptions. A summary chart of these interruptions can be found below. Gas service interruptions are usually due to repairs of broken or damaged gas services and mains. This kind of damage is often caused by excavation by outside parties digging in the City. In FY25 Q1, the City recorded higher numbers in gas service interruption tracking due to the division allocating more resources to resolve existing gas leaks. These leaks are small and are monitored, however expected changes in gas legislation will require them to be resolved more quickly. The gas division has been proactively working to meet upcoming compliance goals before the new rules go into effect. Item #{{item.number}}     Packet Pg. 277     Staff Report: 2411- 4066 – Page 14 of 51 Figure 9: Gas Service Interruptions, FY 2024 to FY 2025 FY 2024 FY 2025 Gas Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Number of Breaks 5 1 5 6 13 7 Total Minutes 540 120 570 270 1860 1205 Customers Affected 51 1 41 14 135 48 2.4 Financial Health Below is a summary of the financial position for the gas utility. 2.4.1 Sales Forecasts vs. Actuals Actual gas sales volumes in Q2 of FY 2025 were approximately 18.4% below forecast, while actual sales revenues were 20.9% lower than budgeted in the FY 2025 Financial Plan. The decline was primarily driven by reduced heating demand from residential customers due to a delayed onset of winter, resulting in an extended period of warmer-than-normal weather. The total FY 2025 budget gas sales volume was 27.4 M therms, and the total revenue was $67.1 M. Item #{{item.number}}     Packet Pg. 278     Staff Report: 2411- 4066 – Page 15 of 51 Figure 11: Gas Sales Revenue ($), up to FY 2025-Q2 2.4.2 Financial Position The FY 2024 ending Operations Reserve balance for the Gas Utility was $4.2 million, which is below the minimum guideline of $9.1 million and below the short-term risk assessment value of $5.3 million. This was due to one-time expense items deferred from FY 2023 to FY 2024, such as carbon offset purchases and Cap and Trade revenue transfers, together with the impact on reserves from the unprecedented gas price spike in FY 2023. In June 2024, Council approved the FY 2025 Gas Utility Financial Plan7 that included a 12.5% increase in gas rates in FY 2025 to gradually restore reserves to within guideline levels and cover rising costs. Staff will provide financial forecast projections in spring 2025. 7 Staff Report 2404-2842, Attachment C, Exhibit 1: https://www.cityofpaloalto.org/files/assets/public/v/2/agendas-minutes-reports/reports/city- manager-reports-cmrs/attachments/2024-rates/gas-financial-plan-fy25.pdf Item #{{item.number}}     Packet Pg. 279     Staff Report: 2411- 4066 – Page 16 of 51 3 Water Utility The Water Utility serves water to virtually all Palo Alto residential and non-residential customers. All potable water in the City is from the San Francisco Public Utilities Commission (SFPUC) Hetch Hetchy Water System. This system delivers high quality water from the Sierra Nevada and uses no pumping to deliver water to the City. Palo Alto uses a small amount of recycled water for irrigation of the Municipal Golf Course and a few other sites near the Regional Water Quality Control Plant. The City also maintains a system of reservoirs and wells that enable Palo Alto to serve water during an interruption of the Hetch Hetchy system. Costs for the Water Utility are split approximately half for the operation, maintenance and periodic replacement of Palo Alto’s water system and half for the costs of the water purchased. 3.1 Water Supply and Transmission Shown in the figure below, cumulative Hetch Hetchy Weather Station precipitation for October 2024 through January 2025 was 62% of median. Storms in the month of February should slightly improve this statistic. As of March 3, 2025, the Regional Water System total storage operated by the San Francisco Public Utilities Commission (SFPUC) was at 87.9% of maximum storage and Water Bank was at 98.1% of maximum. Item #{{item.number}}     Packet Pg. 280     Staff Report: 2411- 4066 – Page 17 of 51 Figure 12: Hetch Hetchy Precipitation Index The figure below shows water available to the Regional Water System through the first five months of the water year. As shown, only amounts greater than Modesto Irrigation District’s and Turlock Irrigation District’s senior water rights are available to the SFPUC and its 26 Wholesale customers, including Palo Alto. Item #{{item.number}}     Packet Pg. 281     Staff Report: 2411- 4066 – Page 18 of 51 3.2 Capital Improvement Plan Status The following capital projects are currently in progress: WS-15002 – WMR 29 (Water Main Replacement 29) The WMR 29 project will replace approximately 8,000 linear feet of water main on Park Boulevard from Mariposa Avenue to Lambert Avenue, on College Avenue from Park Boulevard to El Camino Real, and on Birch Street from College Avenue to Sherman Avenue. The project started in November 2023 and was completed in September 2024. WS-16001 – WMR 30 (Water Main Replacement 30) The WMR 30 project is currently in the design phase and will replace approximately 4,500 linear feet of water main on Rinconada Avenue, Stanford Avenue, and Towley Way. The anticipated project construction start date is in January 2026. The City of Palo Alto tracks all water service interruptions. A summary chart of these interruptions can be found below. Water service interruptions are usually due to repairs of broken or damaged water services and mains. Figure 14: Water Service Interruptions, FY 2024 to FY 2025 FY 2024 FY 2025WaterQ1Q2Q3Q4Q1Q2Q3 Q4 Number of Breaks 8 9 8 6 8 7 Combined Minutes 1086 880 1230 475 510 1250 Customers Affected 147 96 164 75 127 99 Below is a summary of the financial position for the water utility. 3.4.1 Sales Forecasts vs. Actuals Actual water sales volumes in FY 2025 Q2 were about 6.9% higher than forecasted, and actual water sales revenues were about 1.1% higher than budgeted in the FY 2025 Financial Plan, which aligns with the anticipated recovery in water usage following periods of drought. The total FY 2025 budget water sales volume was 4.2 M CCF, and the total revenue was $52.9 M. Item #{{item.number}}     Packet Pg. 282     Staff Report: 2411- 4066 – Page 19 of 51 Figure 15: Water Sales Volume (CCF), up to FY 2025-Q2 Figure 16: Water Sales Revenue ($), up to FY 2025-Q2 3.4.2 Financial Position At the end of FY 2024, the Water Operations Reserve balance was $7.1 million, which is below the minimum guideline range of $8.4 million. Additionally, the Rate Stabilization Reserve had $4 million remaining at the end of FY 2024. In June 2024, Council approved the FY 2025 Water Utility Financial Plan8, which approved a 9.5% rate increase in FY 2025 to pay for rising costs and offset decreased sales revenues. Staff provided an updated financial forecast projection to the UAC in March 2025 (Staff Report 2502-41939). 8 Staff Report 2404-2842, Attachment B, Exhibit 1: https://www.cityofpaloalto.org/files/assets/public/v/1/agendas-minutes-reports/reports/city- manager-reports-cmrs/attachments/2024-rates/water-financial-plan-fy25.pdf 9 Staff Report 2502-4193: https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=61753 Item #{{item.number}}     Packet Pg. 283     Staff Report: 2411- 4066 – Page 20 of 51 4 Wastewater Utility The Wastewater Utility includes the system of sewer pipes that collect and transport wastewater to the Regional Water Quality Control Plant (RWQCP) operated by the City of Palo Alto under a partnership agreement with several surrounding communities, as well as Palo Alto’s share of the cost of operating the RWQCP. The RWQCP provides treatment and disposal of wastewater for Palo Alto. Costs for the Wastewater Utility are split approximately half for the operation, maintenance and periodic replacement of Palo Alto’s sewer collection system and half for the costs of wastewater treatment at the RWQCP. 4.1 Wastewater Treatment Updates and Capital Planning Status The RWQCP, operated by Palo Alto's Public Works Department, provides wastewater treatment to Palo Alto, Mountain View, Stanford, Los Altos, East Palo Alto, and Los Altos Hills. The Palo Alto Wastewater Collection Utility contributes about 32% of the costs (projected for FY 2025). Capital costs, driven by necessary upgrades to aging equipment and changing environmental regulations, are a major factor in cost increases. With plant equipment over 40 years old, significant rehabilitation and replacement are required to maintain safe, compliant wastewater treatment operations. 4.1.1 Treatment Cost Trends Staff project a 6% annual increase in treatment costs paid by Palo Alto’s Wastewater Utility from FY 2025 to FY 2035. The main drivers are capital projects, materials, and debt service (including loan repayments). Treatment capital expenses, including debt service, are expected to rise by about 7% per year on average to fund equipment replacement and major upgrades. Larger increases in capital expenses are anticipated starting in FY 2030 due to new debt for major projects. The list below shows the expected year the Wastewater Collection Utility will begin debt service (or loan repayments) for some of the largest capital projects. The figure below outlines Palo Alto’s share of estimated treatment costs, with upcoming capital projects and planned debt service payments shown in the "Planned Debt Service" bar. The figure shows RWQCP estimates adjusted for increased flow share (based on recent trends), and assuming the outstanding amount for remaining unencumbered and authorized amount for future pay-as-you-go capital is recovered over 4 years. Joint Interceptor Sewer Rehabilitation (FY 2025) Building Purchase (FY 2026) Primary Sedimentation Tank Rehabilitation and Equipment Room Electrical Upgrade (FY 2026) Outfall Line Construction (FY 2027) Headworks Facility (FY 2030) Secondary Treatment Upgrades (FY 2030) Item #{{item.number}}     Packet Pg. 284     Staff Report: 2411- 4066 – Page 21 of 51 Figure 17: Palo Alto’s Share of Estimated Wastewater Treatment Expenses (Projection and Planned CIP) The figure above shows annual CIP reinvestment ("Recurring/Minor CIP" and "Existing Debt Service"), one pay-as-you-go project (the Joint Intercepting Sewer in FY 2025), and treatment operations costs. While operations costs make up the bulk of treatment expenses, they are growing more slowly than planned debt service. Additional factors, such as debt expenses from slow State Revolving Fund loan reimbursements and costs for an acquired property, could further increase costs. Key drivers of rising treatment costs include higher salaries, sludge hauling price increases, commodity cost hikes, and Palo Alto’s increased flow share (from 32% in FY 2022 to 36.6% in FY 2024 and assumed 38% in FY 2025 and on). RWQCP is updating its Long Range Facilities Plan, including cost of service analysis and capital cost allocation. If the remaining unencumbered and authorized amount for future pay-as-you-go capital (Minor CIP) is not spent by the RWQCP in a given year, the Wastewater Collection Utility needs to hold the remaining unencumbered and authorized amount for future pay-as-you-go capital (Minor CIP) in reserves until it is needed by the treatment plant. Staff will provide more information on this item in the spring 2025 financial forecast. In June, the Council approved a Cost-Sharing Agreement with the Santa Clara Valley Water District for the Guiding Principle 5 grant program, which funds future RWQCP projects.10 The program supports communities like Palo Alto, where taxpayers pay State Water Project property taxes but rely on non-Valley Water supplies for most of their water. In FY 2025, staff will factor in an estimated $11.2 million in grant funding for Palo Alto’s share of approved RWQCP projects, directly benefiting local customers. Four upcoming projects are eligible for this funding: Outfall Line Construction Headworks Facility Replacement 12kV Electrical Power Distribution Loop Improvements Joint Intercepting Sewer Rehabilitation 10 Staff Report 2404-2877, June 3, 2024 https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=82864 7.00%12.36%-0.65%2.55%-2.62% 28.11%2.11%1.35%2.38%6.54%2.34% $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 Palo Alto Estimated Expenses FY 2025-2035 Projection + Planned CIP Remaining unencumbered and authorized amount for future pay-as-you-go capital (Minor CIP) Planned Debt Service Existing Debt Service One Time CIP for Joint Intercepting Sewer Recurring/Minor CIP Treatment Operations Treatment Operations & Planned CIPs Item #{{item.number}}     Packet Pg. 285     Staff Report: 2411- 4066 – Page 22 of 51 4.1.2 Regional Water Quality Control Plant Capital Planning Status The Long-Range Facilities Plan, completed in 2012, guides the capital plans for the RWQCP. The RWQCP has begun work on the Long-Range Facilities Plan update. The findings from the Plan update will direct additional/future CIP. The RWQCP’s current capital work in-progress includes an estimated $422.9 – 467.6 million in projects. The following table summarizes these ongoing projects and provides their status and costs. Figure 18: Current RWQCP Capital Work In-Progress (based on November 2024 Partners Meeting) Project Status Planned Expense (million $) Primary Sedimentation Tanks Rehabilitation and Equipment Room Electrical Upgrade Substantially Complete $16.5 12kV Electrical Loop Upgrades Phase 1: Substantially Complete Phase 2: In Construction (award in October 2024) Phase 1: $6.7 Phase 2: $6.8 New and Rehabilitated Outfall Pipeline In Design (Paused at 90% Complete)$17.8 Secondary Treatment Upgrades In Construction (~30% complete)$193 Advanced Water Purification System Bidding for Construction $66.8 Headworks Facility Replacement Advanced Planning $55.3 (forecast includes $100) Joint Interceptor Sewer Rehabilitation Phase 1 In Construction (~30% complete)$8.9 Long Range Facility Plan Update In Planning $2.5 Subtotal $374.3 - $419 One of the largest projects is the Headworks Facility Replacement, which involves replacing or rehabilitating parts of the facility that pump raw sewage and refurbishing primary sedimentation tanks. The estimated cost is $55.3 million, and included in the forecast is $100 million, but it could rise to $120–$150 million based on similar Bay Area projects. Additionally, new regulations limiting nitrogen discharges into the Bay will require upgrades to the secondary treatment system, as the current design cannot remove nitrogen. The Secondary Treatment Upgrades project will address this regulatory change and replace aging mechanical and electrical equipment. In addition to the projects listed in Figure 18, the RWQCP plans to rent a laboratory building and is evaluating the purchase of neighboring properties in order to build an environmental services and lab building. The RWQCP plans to fund these capital projects through a combination of mechanisms including State Revolving Fund loans, and revenue bonds. Several sources of funding will be used for the Advanced Water Purification System: Valley Water will provide $16 million, Palo Alto was awarded a $12.9 million grant from the United States Bureau of Reclamation’s WaterSMART program, which allocates Title XVI Program funding under the Water Infrastructure Improvements for the Nation (WIIN) Act, and the City of Mountain View will pay for the remainder of the capital cost. 4.2 Collection System Capital Improvement Plan Status The following capital projects are currently in progress: WC-15002 – Sewer Master Plan Study Item #{{item.number}}     Packet Pg. 286     Staff Report: 2411- 4066 – Page 23 of 51 The Master Plan Study will evaluate the City’s existing wastewater collection system, flows, and flow patterns to determine the adequacy of the system’s hydraulic capacity to meet current and anticipated future wastewater flow demands and develop a recommended prioritized Sewer Main rehabilitation plan. The project kicked off in December 2023 and is anticipated to be completed in July 2025. WC-20000 - SSR 32 (Sanitary Sewer Replacement 32) The SSR 32 project is currently in the design phase and will replace approximately 26,000 lineal feet of sewer mains, laterals, and manholes including Middlefield Road and Webster Street between Seale and Oregon Ave; and various street in Crescent Park, Old Palo Alto, Midtown, Palo Verde, Fair Meadows, Marron Park, and Green Acres neighborhoods. The anticipated project construction start date has been delayed from FY26 to FY28 due to an unanticipated reduction in revenue and additional costs. WC-26001 – CCTV Sanitary Sewer Mainline Inspection The City is in the process of developing an Invitation for Bid (IFB) for a three-year program to use Closed Circuit Television Cameras (CCTV) to inspect Sanitary Sewer Mains. The project will CCTV approximately 225,000 lineal feet of Sanitary Sewer Main over a three-year duration at an annual rate of approximately 75,000 lineal feet per year. Results of the project will be used to identified defective Sanitary Sewer Mains which will be incorporated into future SSRs to rehabilitate and replace Sanitary Sewer Mains. WC-99013 – Sanitary Sewer Lateral Rehabilitation and Replacement The City is in the process of developing an Invitation for Bid (IFB) for a three-year program to rehabilitate or replace Sanitary Sewer Lower Laterals (Lower Laterals or the pipes between customer properties and the sewer mains). City staff has identified approximately 210 Lower Laterals that will be rehabilitated or replaced over a three-year period at an annual rate of approximately 70 per year. In addition to addressing defective Lower Laterals, the project will reduce inflow and infiltration into the sanitary sewer system. 4.3 Financial Health Below is a summary of the financial position for the wastewater utility. 4.3.1 Sales Forecasts vs. Actuals Wastewater sales revenues through FY 2025 was 1.4% higher than forecasted, which is consistent with the FY 2025 Financial Plan. Total FY 2025 budget wastewater sales revenue is $25.6 M. Item #{{item.number}}     Packet Pg. 287     Staff Report: 2411- 4066 – Page 24 of 51 Figure 19: Wastewater Sales Revenue ($), up to FY 2025-Q2 4.3.2 Financial Position Costs were higher than forecasted in FY 2023 and FY 2024. Additionally, Palo Alto began Sanitary Sewer Replacement project 31 with an earlier start date in FY 2023 instead of FY 2024. This project was completed in FY 2024. Completing this sewer replacement earlier than previously anticipated was necessary in order to coordinate with Caltrans to limit or avoid digging into newly-paved street on El Camino Real. In June 2024, Council approved the FY 2025 Wastewater Collection Financial Plan11 that included a 15% rate increase in FY 2025 and a short-term loan of $3 million from the Fiber Optics Fund Reserve for FY 2024 to cover the cash needs of the Wastewater Collection Utility. Although the Wastewater Collection Operations Reserve remained low at the end of FY 2024, the utility’s overall cash balance was $0.34 million due to the $3 million short-term loan. The short-term loan is expected to be paid in FY 2026. Staff expects revenues to cover rising costs in FY 2025 and begin to replenish the utility’s reserves. Staff provided a financial forecast projection to the UAC in March 2025 (Staff Report 2411-375212). 11 Staff Report 2404-2842, Attachment A, Exhibit 1: https://www.cityofpaloalto.org/files/assets/public/v/2/agendas-minutes-reports/reports/city- manager-reports-cmrs/attachments/2024-rates/wastewater-financial-plan-fy25.pdf 12 Staff Report 2411-3752: https://recordsportal.paloalto.gov/Weblink/DocView.aspx?id=61748 Item #{{item.number}}     Packet Pg. 288     Staff Report: 2411- 4066 – Page 25 of 51 5 Fiber Utility The City offers a "Dark" fiber service providing a fiber connection from Palo Alto businesses to the downtown Internet Exchange. At the exchange, businesses select an internet service provider (ISP) for bandwidth and connection speed. 5.1 Fiber Utility Strategic Planning Below are highlights and status updates of the Fiber-to-the-Premises (FTTP) Project: The fiber hut has been built . The fiber hut is a pre-cast concrete building (11’ x 20’) which will house the networking equipment including electrical system, cable entry, HVAC, lighting, fire suppression system, alarms, and racks. The City expects delivery of the hut to the Colorado power station in April after approval of the building permit, preparation of the hut site including pouring of the padmount, substructure work for power and fiber, and final inspection. The contract for the operating support system and business support system (OSS/BSS) software is in progress and anticipated to be completed by end of March. OSS supports infrastructure and network management by monitoring operations and provisioning service. BSS supports customer-facing activities such as billing, scheduling, and customer experience. CPAU has filled the role of Outside Plant Manager to oversee planning, construction, and inspection of the FTTP infrastructure and new fiber backbones. This position will oversee field technicians and coordinate design changes, construction, and installation. CPAU is recruiting for a Fiber Systems Manager to lead the fiber network design by integrating the existing dark fiber backbone (where necessary) with the building of FTTP and new fiber backbone. 5.2 Capital Improvement Plan Status The following capital projects are currently in progress: FO-16000 – Fiber Optic System Rebuild o The new fiber backbone will be built in segments in alignment with the phased FTTP. CPAU does not have resources to construct an entire new fiber backbone along with FTTP. In addition to aligning with FTTP, CPAU will install new aerial ducts or substructure (conduit and boxes) and fiber backbone cables to increase capacity in areas that are at or near capacity to meet customer connection requests. FO-24000 – Fiber-to-the-Premises o The pilot area has been identified, which is bounded by Embarcadero Road, Louis Road, Colorado Avenue, Greer Road and West Bayshore Road, to determine the best approach at integrating FTTP and grid modernization. Some criteria that will be used to analyze alignment include impact costs, reductions to community disruptions, internal staffing, and project timelines. Construction of the FTTP pilot is scheduled to be completed by August 2025. Item #{{item.number}}     Packet Pg. 289     Staff Report: 2411- 4066 – Page 26 of 51 5.3 Reliability There were no unplanned fiber outages or events to report in Q2 of FY 2025. Below is a summary of the financial position for the fiber utility. 5.4.1 Fiber Sales Actual dark fiber licensing sales as of Q2 FY 2025 were $1.6M and $0.1M or 4% below the revenue forecast. Operating fiber expenses were $1.0M and $0.4M or 10% below forecast due to vacancy savings. The Fiber Fund added four new positions in FY 2024 to support FTTP. CPAU recently filled the Outside Plant Manager role and is recruiting for the Fiber Systems Manager. The Assistant Director for Fiber and Senior Network Architect positions are currently on hold as staff and consultants are collectively performing the work that staff in those roles would perform at this time. As the pilot progresses, the City will reassess whether these positions will need to be filled in FY 2026. 5.4.2 Financial Position The ending FY 2024 Fiber Optic Utility Rate Stabilization Reserve is $8 million and an additional $25.5 million of CIP commitments and reappropriations. In addition, the Fiber Fund loaned the Wastewater Collection Fund $3 million in FY 2024. The Wastewater Collection utility will repay the short-term loan in FY 2026 (or sooner) at a rate equal to the City’s portfolio rate plus 0.25%. Staff will provide financial forecast projections in spring 2025. Item #{{item.number}}     Packet Pg. 290     Staff Report: 2411- 4066 – Page 27 of 51 6 Communications This section summarizes communications highlights, updates on major campaigns and noteworthy events. Copies of ads bill inserts, and brochures are available online at www.cityofpaloalto.org/UTLbillinsert Utilities Rate Changes: In fiscal year 2026 (July 1, 2025-June 30, 2026), the City is proposing rate increases for electric, natural gas, wastewater and water services. A stormwater management fee increase is will occur per the CPI index as approved by residents in a 2017 ballot measure. The decision to increase rates is never taken lightly. It is the result of careful consideration of the need for infrastructure upgrades, system maintenance, regulatory compliance, and maintaining adequate financial reserves. These investments are crucial to maintaining the integrity of our utility systems and ensuring that you receive the dependable service you rely on every day. The Utilities Communications team will ensure this information about rate changes is provided through public meeting processes and to the community through a variety of outreach channels. Rate increases are necessary to support infrastructure maintenance and replacement, and to replenish depleted Utilities financial reserves to allow the City to continue to provide high quality utility services to the community. Factors contributing to the need for increases include: Increased costs for wastewater treatment and facility upgrades at the Regional Water Quality Control Plant (RWQCP). The Wastewater Collection Utility experienced increased wastewater treatment costs due to a higher flow share compared to the prior year forecast and other operating cost increases. The RWQCP began operations in 1934 and was the first wastewater treatment plant on South San Francisco Bay. The treatment plant needs to upgrade its equipment and facilities to ensure that the City continues to effectively clean wastewater before it is discharged to the Bay or treated for reuse as recycled water. Upgrades to the City’s electric grid distribution system. The City needs to replace aging electrical poles, wires and equipment with newer infrastructure that allows for additional electric capacity, safety, and reliability throughout the City. In addition to enhancing grid resiliency and reliability of the electric distribution system, these efforts assist in accelerating the City’s clean energy and decarbonization goals. Cost of Service Requirements. The City of Palo Alto’s gas and electric rates must represent the cost of service consistent with Proposition 26 and the State Constitution. The Utilities Department completed a cost of service analysis for the Gas Utility in February 2025. Results of the analysis require rate increases for residential customers to ensure the rates Palo Alto charges are in alignment with the costs to provide gas service. Utility financial reserves are depleted. Utility financial reserves were used during times of emergencies and unexpected cost increases to protect customers from large rates spikes. These financial reserves are depleted and need to be replenished to maintain utility services. Examples include: o Minimal rate increases during the pandemic to alleviate economic burden on residents and businesses. o Energy price spikes in winter 2022-2023 affected Electric and Gas Utilities. Water use reductions during the 2021-2023 drought impacted the Water Utility. Public Power and Natural Gas Week: In the first week of October every year, CPAU highlights the Public Power and Public Natural Gas Week national campaigns to raise awareness about the benefits of public utilities. CPAU is one of over 2,000 community-powered, not-for-profit electric utilities that provide electricity to 54 million Americans and one of more than 1000 not-for-profit gas utilities in the US. As for Public Natural Gas Week, some may question why we highlight natural gas, considering our goals to transition from fossil fuels to clean electricity for buildings and transportation. We continue to promote the integrity and safety of our natural gas distribution system, as well as the important work our utility employees perform while we still own, operate and maintain a gas system in Palo Alto. Item #{{item.number}}     Packet Pg. 291     Staff Report: 2411- 4066 – Page 28 of 51 Customer Service Week: The first week of October is also Customer Service Week. CPAU recognizes our Customer Service team who go above & beyond to help customers navigate their bills, answer questions about their accounts, find services, and so much more. Smart Energy Provider Award: This quarter, CPAU was honored with the American Public Power Association’s (APPA) Smart Energy Provider Award. This award recognizes public power utilities for demonstrating leading practices in four key disciplines: smart energy program structure; energy efficiency and distributed energy programs; environmental and sustainability initiatives; and the customer experience. Staff accepted the award at the APPA Customer Connections conference in October. Gas Safety Outreach: Throughout the year, CPAU delivers a variety of outreach materials to the community about utilities safety. An important element of our public awareness program is the annual distribution of our gas safety awareness brochure. Per Federal Department of Transportation regulations, we directly mail this information to stakeholders including all customers, non-customers living near a gas pipeline, public officials, emergency responders, excavators, contractors, and locators working in Palo Alto. Gas safety brochures were delivered in October. FOG Outreach: Around the holiday season, when many people gather and cook large meals, CPAU focuses educational outreach on reminding customers to not dispose of Fats, Oils, and Grease (FOG) in drains. FOG can build up in sewer lines, causing clogged pipes and sewer backups. This is an environmental and public health risk. Week of Gratitude: During the week of Thanksgiving, CPAU shared a few videos we created which we dubbed our “Week of Gratitude” series. This will be an ongoing endeavor to highlight CPAU's work in the community to deliver safe and reliable utilities services. Electric Grid Modernization: https://youtube.com/shorts/SM25G0PPaqg?feature=share Gas Main Replacement Project #24B: https://youtube.com/shorts/MXvnbMeBV7s?feature=share Water Main Replacement Project #29: https://youtube.com/shorts/4Ou4s25EDXc?feature=share Program and Event Support: CPAU communications staff provide ongoing annual, monthly, and daily support for outreach to residential and non-residential customers about issues pertaining to sustainability, energy and water efficiency, solar, electric vehicles and eBikes, beneficial electrification, capital improvement projects, operations and maintenance, customer service, and technological innovations for utility customers. This quarter included outreach on a multitude of events and workshops on these topics, as well as promotion via website, utility bill inserts, email newsletters, social media, print and digital advertisements, community outreach events, media relations and public correspondence. Item #{{item.number}}     Packet Pg. 292     Staff Report: 2411- 4066 – Page 29 of 51 7 Legislative, Regulatory and Industry Activity 7.1 State Legislative Activity The second quarter of FY25 had no legislative activity due to the legislature being on recess. However, the 2025 session will have several impactful issues on the table: reauthorization of Cap and Trade beyond 2030, creation of a regional wholesale energy market via the Pathways Initiative, general utility affordability, and wildfire mitigation. Additionally, one third of the incoming legislators are new and will require education on the issues and how CPAU is meeting them head on. Lastly, California officials are primed to react to anticipated moves from President Trump, creating possible distractions. 7.2 State Regulatory Activity There has been little significant regulatory activity is Q2 of FY25. The Cap and Trade regulatory draft from the California Air Resources Board (CARB) is not expected until the second half of FY25, so any changes will not go into effect until the second half of FY26 at the earliest. Expected amendments could have significant negative impacts on CPAU revenue; for reference, natural gas and electric Cap and Trade revenues for FY24 were a combined $12.4 million. Item #{{item.number}}     Packet Pg. 293     Staff Report: 2411- 4066 – Page 30 of 51 Appendices Item #{{item.number}}     Packet Pg. 294     Staff Report: 2411- 4066 – Page 31 of 51 8 Appendix A: Energy Risk Management Program This appendix provides a quarterly update on the City’s Energy Risk Management Program. 8.1 Overview of Hedging Programs The City’s Utilities Department maintains a hedging program for its Electric and Gas Utilities. In the Gas Utility the program protects against short-term (intra-month) price spikes caused by weather or major incidents on the Western gas system. However, the City does not hedge its gas supply more than one month in advance, choosing instead to protect the Gas Utility’s financial position by passing gas supply costs through to customers via a charge that varies monthly based on gas market prices. As a result, the Gas Utility’s only market exposure is the amount by which gas demand deviates from forecasts within the month. This exposure is relatively small and can be managed using Gas Utility Operating Reserves. A risk assessment is performed each year as part of the Gas Utility financial planning process to ensure adequate reserves to cover all risks. The most recent Gas Utility Financial Plan was adopted June 21, 2021 (Staff Report #1224013). The City has entered into long-term contracts for its Electric Utility to ensure that the City has carbon free electricity supplies equal to 100% of Palo Alto’s annual electric demand. However, the output from these generating sources does not match Palo Alto’s electric load. In the summer, the City has a surplus of carbon free energy and it has a deficit in the winter. This exposes the City to market risk, and staff maintains a hedging program to protect against this risk. In addition, hydroelectric generators make up approximately half the City’s energy supply. During dry years these resources do not generate as much energy, creating an additional market exposure that must be hedged. Unlike the gas hedging program, which is operated by City staff, the electric hedging program is operated by the Northern California Power Agency (NCPA), a joint powers agency the City formed in partnership with several other California publicly owned electric utilities, with oversight by City staff. 8.2 Overview of Energy Risk Management Program The hedging programs described above are conducted in accordance with the City’s Energy Risk Management Program, which includes a set of Program Policies adopted by the City Council, Guidelines adopted by the City’s Utilities Risk Oversight Coordinating Committee (UROCC), and Procedures approved by the Utilities Director. In addition, for the electric hedging program, NCPA maintains its own Risk Management Program. The City is able to provide policy level oversight of this program through its seat on the NCPA Risk Oversight Committee, which is held by the City’s Risk Manager. Per the Energy Risk Management Policies, the City Council must receive quarterly reports on the City’s forward contract purchases, market exposure, credit exposure, counterparty credit ratings, transaction compliance, and other relevant data. 8.3 Forward Deals Palo Alto executed the following Electric and Gas transactions in Q2 of FY 2025. Figure 20: Electric Resource Adequacy Deals Delivery Month Deal Type Avg RA (MW-mo) Price ($/kW-mo) Apr’25 Sale 55 3.55 13 Staff Report #12240 https://www.cityofpaloalto.org/files/assets/public/v/3/agendas-minutes-reports/reports/city-manager-reports-cmrs/year- archive/2021/06-21-21-id-12240.pdf Item #{{item.number}}     Packet Pg. 295     Staff Report: 2411- 4066 – Page 32 of 51 Jun’25-Sept’25 Sale 8.5 19.75 Figure 21: Electric Energy Deals Delivery Month Deal Type Tota Energy (MWh) Price ($/MWh) Jan’25 Purchase 11,160 66.70 Feb’25 Purchase 5,760 58.40 8.4 Electric Market Exposure The chart below shows the City’s electric supply market exposure and committed purchases and sales to cover exposed positions. Additional purchases and sales will be executed for FY 2026 and FY 2027 in the coming months. The City is also currently pursuing long-term contracts, through NCPA’s RFP process, for one battery energy storage system and one stand-alone solar project. However, these resources are not expected to begin operating until FY 2028. Figure 22: Electric Load Resource Balance, FY 2025 - 2027 8.5 Transaction Compliance There are no transaction exceptions or violations to report. Item #{{item.number}}     Packet Pg. 296     Staff Report: 2411- 4066 – Page 33 of 51 Appendix C: PaloAltoGreen Gas Program In December 2020, Council adopted Resolution #993014 maintaining the Carbon Neutral Natural Gas Plan to achieve carbon neutrality for the gas supply portfolio using high-quality carbon offsets with a cost cap of $19 per ton CO2e. Offsets are purchased to neutralize emissions equal to those caused by natural gas usage in Palo Alto. Staff procured 290,000 tons of offsets during Winter 2023/24 to cover FY23 and FY24 usage. The figure below shows the composition of offset purchases. Figure 23: Offset Portfolio Composition The following table provides a description of the projects. 14 Resolution #9930 https://www.cityofpaloalto.org/files/assets/public/v/1/city-clerk/resolutions/resolutions-1909-to-present/2020/reso-9930.pdf Item #{{item.number}}     Packet Pg. 297     Staff Report: 2411- 4066 – Page 34 of 51 Figure 24: Offset Project Descriptions P P D G L G G U G h S M P M T B U B P U T p p t b R O T p U T r s M M T R a w V C F U T i m P h C R A L R m f a a B C U T r C f H S U L f s S v Item #{{item.number}}     Packet Pg. 298     Staff Report: 2411- 4066 – Page 35 of 51 9 Appendix B: Staffing and Vacancies As of Q2 FY 2025, the Utilities Department has 51 vacant positions out of 269 authorized positions or a 19% vacancy rate. Below is a breakdown of the vacancies by division. Utilities is training two new HR liaisons from Utilities to assist HR with some of the recruitments. With additional support from the Human Resources Department and when the new HR liaisons, CPAU will be able to fill more positions and reduce the vacancy rate. CPAU is actively recruiting for two executive management positions: Director of Utilities and Assistant Director, Electric Engineering and Operations. Figure 24: Utilities Vacancies and Recruitments by Division, as of Q2 FY 2025 A D A F V F A R V A 2 3 2 1 C 1 2 5 2 2 F 7 4 2 5 R 2 2 2 8 E 7 2 1 2 E 2 6 6 2 W 7 6 6 8 W 2 4 4 1 T 2 5 4 1 1 Item #{{item.number}}     Packet Pg. 299     Staff Report: 2411- 4066 – Page 36 of 51 10 Appendix D: Wastewater Utility Annual Infrastructure Maintenance and Replacement Report Executive Summary The City continues to keep up with daily routine maintenance Sewer Main Replacement program continues as planned Emergency Standby team continually responded to fewer calls Infrastructure Overview See attached for an overview of all assets. Key infrastructure replacement efforts in the next five years include: Regular main replacement Regular manhole rehabilitation/replacement Regular lateral replacement Routine maintenance program for main, laterals, siphons and lift station Routine testing/maintenance of SCADA overflow monitoring devices System Operations and Maintenance Total FTE’s working on Wastewater O&M. Main Maintenance [3.55] 44% Construction [0.45] 6% Emergency Standby [1.00] Main/Lateral Inspection [1.00] 13% Lateral Maintenance [2.00] 25% Main Maintenance Construction Emergency Standby Main/Lateral Inspection Lateral Maintenance Wastewater Operations and Maintenance (Full-Time Equivelent [FTE] and % of total) Asset Management Goals What are our goals? - Repair, rehabilitate, replace, and upgrade system components as needed -Maintain our ability to reliably deliver service to our community - Properly manage, operate and maintain the wastewater collection system -Keep costs down by maximizing asset life and controlling unplanned maintenance costs - Cost effectively minimize Inflow and Infiltration (I/I) and provide sufficient system capacity - Eliminate all preventable overflows in dry and wet weather - Maintain an effective sanitary sewer spills response that reduces overflow impact to public health & the environment - Analyze and evaluate historical spills to provide recommendations to reduce future risk - Identify system blockages due to fats, oil and grease (FOG) and develop strategies to decrease backups - Provide regular training for City of Palo Alto Utility Staff and Contractors in wastewater collection system maintenance, operations and emergency response How do we achieve those goals? -Inspect our collection system to make sure it is flowing properly -Make necessary repairs in a timely manner -Replace assets as they reach end of life or as their condition deteriorates -Identify capacity constraints and risks to our collection system and mitigate these issues promptly through appropriate capital improvement projects -Seek ways to increase our productivity and control costs by completing our work more safely and efficiently Item #{{item.number}}     Packet Pg. 300     Staff Report: 2411- 4066 – Page 37 of 51 ●Main Maintenance (3.55 FTE): o *Hydro-flushing: High Velocity hydroflushing/vacuum truck o *Root/Grease Treatment: Heribicides, along with grease emulsifying agents are used to control root and Fat, Oils and Grease (FOG) issues. ●Lateral Maintenance (2.0 FTE): o *SOAP / AJAC: Preventive maintenance program includes: Sewer Overflow Alternative Program (SOAP) using an electric power rodder and Advanced Jetting and Cleaning (AJAC) which uses a hydrojetting tool to clear systemic sewer blockages. ●Main / Lateral Inspections (1.0 FTE): Routine field inspections of mains, laterals, siphons, manholes and other sewer components (lift station). Process involves remote Closed-Circuit Television (CCTV) cameras and visual inspections. ●Emergency Standby Team (1.0 FTE): consist of a standby team of 3 which includes 2 installers and a heavy equipment operator. ERT receives calls 24/7 daily from Dispatch center and responds promptly to investigate and mitigate sewer issues. When team is not responding to calls, the team works on Lateral Maintenance. ●Construction (0.45 FTE): Installation of new services laterals, pipe repairs, and manhole replacements. *First priority programs critical to daily operation Maintenance Status: ●Essential maintenance programs continue as Operation’s primary routine daily task. ●Main/Lateral inspection program continues to provide Engineering Dept. with valuable pipe assessment for CIP project inclusion. ●Aging remote overflow monitoring devices have been replaced with new reliable units for accuracy and performance. Wastewater Maintenance and Construction Charts In the last 10 years, the sanitary sewer spills have noticeably decreased due to annual maintenance and biennial sewer main and lateral replacement projects. 102 81 121 70 64 67 43 43 55 36 25 17 23 23 23 22 11 9 15 25 123 33 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Spills Median Spill Volume, gallons SPILLS (By Year) Item #{{item.number}}     Packet Pg. 301     Staff Report: 2411- 4066 – Page 38 of 51 52,097 29,136 37,008 71,882 59,768 52,496 56,963 66,332 34,573 31,539 20,664 26,751 J F M A M J J A S O N D Flushing (Linear Feet)Goal (32,120) Main Maintenance 185 255 234 232 273 224 296 197 139 141 191 181 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Lateral Tags Goal (200) LATERAL MAINTENANCE COMPLETED 7 2 3 1 3 5 4 5 2 4 1 2 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CONSTRUCTION TASKS COMPLETED Item #{{item.number}}     Packet Pg. 302     Staff Report: 2411- 4066 – Page 39 of 51 Table 1: Status of Collection System Operation and Maintenance Programs System Operation or Maintenance Program Status Green = good Yellow = room for improvement Comments Lateral Maintenance Daily SOAP/AJAC tags are completed year-long with help from standby ERT crew members. Annual goal was met. However, during last quarter of 2024, the crew had not reached its monthly goal of 200 tags. Main Maintenance Flushing is performed on a regular schedule throughout the year. City is keeping up with its flushing schedule. The crew fell below their goal in only three months out of year 2024. Overall, the City goal of 385,440 L.F. of mains was surpassed this year with City completing 539,209 L.F. of main flushing. Main/Lateral Inspections (CCTV) Operations typically work off a scheduled inspection; however, there are times when the crew work on a list of special request inspections that tend to postpone the current month inspections. Emergency Standby Wastewater operations maintains a 24-hour system monitoring for any emergency events. A wastewater crew has assigned to be ready for any on- call emergencies and respond promptly to mitigate any wastewater issues at any hour of the day or night. Construction (Repair main/laterals, new laterals) An Operations crew is assigned the task to perform construction work for new Development Services installations and emergency repair work for our sewer mains and lower laterals, when work is needed and not included in our Capital Improvement Projects (CIP). Asset Class Quantity Maintenance Asset Condition Manholes 3870 Hydro-Vacuum manhole bases for excessive debris and visually inspecting manhole walls for I & I, report to Engineering with recommendations for future replacement. Old brick manholes are typically replaced with more reliable pre-cast concrete structures. Over time brick manholes introduce groundwater via cracks in bases or wall structures. Mains and Lateral service ~ 217 miles of mains, ~2,988 services Most mains/laterals are flushed annually, where as some less severe areas are flushed every 36 months. For high frequency lines, flushing happens every 6 months. With routine maintenance, our mains and lateral services can be easily assessed by our Operations crew for remaining useful life of our aging sewer assets. Lift Station / Force main 1 station / ~900 Wastewater Operations perform routine operational checks of the station once a month and the wet Our lift station currently requires only minor and routine maintenance and is in good condition Item #{{item.number}}     Packet Pg. 303     Staff Report: 2411- 4066 – Page 40 of 51 linear feet of 10-inch force main well is cleaned quarterly. Preventive maintenance for mechanical and electrical equipment is done annually by WGW Operations. The station has an audible alarm and is connected through a SCADA system to the Utilities Dispatch Center. The station serves approximately 25 homes and a portable generator is available in the event of power outages. overall. Item #{{item.number}}     Packet Pg. 304     Staff Report: 2411- 4066 – Page 41 of 51 11 Appendix E: Fiscal Year 2024 Demand Side Management Report 11.1 Executive Summary This Demand Side Management (DSM) Report for Fiscal Year (FY) 2024 is a public document summarizing the achievements of the City of Palo Alto Utilities’ (CPAU) customer efficiency and sustainability programs. CPAU is committed to supporting environmental sustainability through conservation of electric, gas and water resources. Additionally, CPAU promotes distributed renewable generation, building electrification, and electric vehicles using incentives and educational programs. CPAU accomplishes these goals by delivering a wide range of customer programs and services as described in this report and strives to do so while remaining in touch with customer needs. The Fiscal Year 2024 DSM Report follows the format of the FY 2023 report, which is designed to highlight key performance indicators in the major areas of focus for the City of Palo Alto’s sustainability efforts. FY 2024 marks the second year the DSM reports are included as an attachment to the Q2 Utilities Quarterly Update provided to the Utilities Advisory Commission in April each year. 11.1.1 Summary Goals and Achievements CPAU offers incentives and education programs for customers to encourage energy and water efficiency – Table ES.1 summarizes FY 2024 efficiency goals and achievements. The energy and water efficiency savings achieved through the City’s energy reach code and green building ordinance are included in the table. Palo Alto updated its 10-year electric efficiency (EE) goals in 202115, setting lower annual targets compared to the previous cycle in anticipation that EE savings levels would recover slowly following the economic downturn. For FY 2024, CPAU fell short of meeting its EE goal. There are many factors that could have contributed to the below-target efficiency achievements, including an updated calculation of energy code savings and a continued slowdown of large commercial EE project completions post-pandemic. CPAU has also continued its focus on developing and promoting electrification programs over energy efficiency programs with the Advanced Heat Pump Water Heater Pilot Program kicking off in early 2023. Overall, annual electric efficiency savings has begun to trend up, with more than three time the kWh savings in FY 2024 compared to FY 2023. FY 2025 will be an important year to see if this trend continues its upward trajectory. CPAU has previously adopted gas efficiency goals to reduce gas use; these goals ranged from 0.5% to 1.1% gas use reduction per year. These goals are no longer relevant and are superseded by the S/CAP goal for the building sector. Water efficiency goals are in transition as the State is expected to issue new urban water use objectives in compliance with water conservation legislation16 passed in 2019. The State-mandated water use targets will inform the City’s water conservation goals. Table ES.1: Efficiency Goals vs. Achievements Resource FY 2024 Savings Goals (% of Load) FY 2024 Savings Achieved (% of Load) FY 2024 Savings Achieved Electricity 0.55%0.16%1,362 MWh Gas N/A 0.22%53,557 Therms Water N/A 0.59%24,646 CCF 15 Electric Efficiency Goals: https://www.cityofpaloalto.org/files/assets/public/agendas-minutes-reports/reports/city-manager-reports-cmrs/year- archive/2021/id-12068.pdf 16 Water Efficiency Legislation Fact Sheet: https://www.waterboards.ca.gov/publications_forms/publications/factsheets/docs/6.7.18_water_efficiency_bill_fact_sheet_FNL_updated_5.21.2 0.pdf Item #{{item.number}}     Packet Pg. 305     Staff Report: 2411- 4066 – Page 42 of 51 CPAU is committed by its own policies and State law to implementing all cost-effective energy and water efficiency measures (i.e. those that are less expensive than supply-side resources). Table ES.2 summarizes the cost of efficiency over the last three years compared to the projected cost of supply resources. The rolling 3-year average is a suitable metric to track the cost effectiveness of efficiency portfolios, as it accounts for yearly variations in program engagement and funding. The current 3-year average cost for the electric and water efficiency portfolios are below the cost of supply resources, demonstrating the cost effectiveness of the portfolios. The cost gap leaves room for increasing customer incentives while maintaining overall portfolio cost effectiveness. The gas efficiency portfolio 3-year average cost has been pushed above the estimated future supply cost mainly due to the high startup costs of the water heater electrification program in FY 2023. The gas portfolio efficiency was close to the future supply cost in FY 2024 and should continue to improve as the water heater program and other electrification programs become better established in Palo Alto. Table ES.2: Actual Levelized Efficiency Costs vs. Projected Supply Costs FY 2022 Efficiency FY 2023 Efficiency FY 2024 Efficiency 3-yr Average Efficiency Future Supply Electricity $/kWh $0.05 $0.13 $0.04 $0.07 $0.12 Gas $/Therm $1.66 $4.02 $1.25 $2.31 $1.16 Water $/CCF $0.51 $1.53 $2.12 $1.39 $7.03 11.2 Electric Efficiency CPAU offers both residential and non-residential programs that target EE improvements for customers. Every year CPAU’s energy efficiency program details are published by the California Municipal Utilities Association (CMUA)17 as required by California Senate Bill 1037. Table 1 contains a high-level summary of FY 2024 electric program savings and expenditures, as well as the EE savings target. Table 1: Electric Efficiency Metrics Electric Efficiency MWh Reduced 1,362 $ Spent $703,185 Cost of Efficiency ($/kWh)$0.04 Total MWh Load 865,782 Savings (% of Load)0.16% Savings Goal (% of Load)0.55% CPAU fell short of its FY 2024 EE savings goal for a variety of reasons, the most impactful of which being the shortage of large commercial EE projects. Large commercial EE projects have historically been the backbone of CPAU’s EE savings in previous years, and these projects have yet to bounce back to pre-pandemic levels. Electrification has also been an 17 SB 1037 Status Reports: https://www.cmua.org/sb1037-reports Item #{{item.number}}     Packet Pg. 306     Staff Report: 2411- 4066 – Page 43 of 51 increasing focus to push Palo Alto towards its sustainability goals. To date, this focus has been particularly prominent in the residential sector where heat pump water heaters made up the majority of projects in FY 2024. CPAU’s estimated savings from energy codes also dropped significantly starting in FY 2023 due to a change in calculation methodology to better reflect the impact of Palo Alto’s reach codes. Figure 1: Cumulative Net Electric Efficiency Savings 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 T I C F E E Item #{{item.number}}     Packet Pg. 307     Staff Report: 2411- 4066 – Page 44 of 51 Figure 2: Composition of Net Electric Efficiency Savings in FY 2024 11.3 Gas Efficiency and Electrification CPAU has previously adopted gas efficiency goals to reduce gas use; these goals ranged from 0.5% to 1.1% gas use reduction per year. These goals are no longer relevant as they are superseded by the S/CAP (Sustainability and Climate Action Plan) goal to reduce GHG emissions from the direct use of natural gas in Palo Alto’s building sector by at least 60% below 1990 levels by 2030. Rather than continuing gas efficiency rebates and services to support the installation of new gas equipment that would remain in place for the next decade or longer, CPAU replaced traditional gas efficiency rebates with technical assistance and rebates to help customers with the transition off of gas equipment. Building envelope improvements will remain a program priority to ensure comfort for building occupants and to avoid oversizing of all- electric heating, ventilation and air conditioning (HVAC) equipment. Table 2 contains a summary of FY 2024 program gas savings through electrification or efficiency projects. CPAU is focusing initial residential electrification efforts on water heating due to its relatively low impact on the electric grid as Palo Alto continues to upgrade the distribution system in preparation for increased electric load. The majority of other gas savings are coming from retro-commissioning of commercial building HVAC systems in Palo Alto. In FY 2024, the cost per metric ton (MT) of GHG avoided was $236, compared to CPAU’s long term goal of spending less than $200/MT GHG avoided. The cost was high in FY 2024 due to a combination of factors including low gas reduction relative to the fixed costs of program operation and marketing costs for the Advanced Heat Pump Water Heater Pilot Program. CPAU anticipates that the cost per MT GHG avoided could stay above the target and even increase in the near future due to the expansion of pilot programs that are designed to kickstart the electrification market in Palo Alto. For N 6 N 6 R 1 N 3 T Item #{{item.number}}     Packet Pg. 308     Staff Report: 2411- 4066 – Page 45 of 51 reference, the current cost of direct air carbon capture ranges from $500-1000/MT CO218, so even these electrification programs continue to be more cost effective than the carbon sequestration alternative. Table 2: Gas Efficiency and Electrification Metrics Gas Efficiency and Electrification Figure 3: Historical Gas Usage and Savings 18 Forbes, “Will Direct Air Capture Ever Cost Less Than $100 Per Ton Of CO2?”: https://www.forbes.com/sites/phildeluna/2024/11/29/will-direct- air-capture-ever-cost-less-than-100-per-ton-of-co/ 0 5 1 1 2 2 3 3 4 0 5 1 1 2 2 3 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 A S S A Item #{{item.number}}     Packet Pg. 309     Staff Report: 2411- 4066 – Page 46 of 51 As illustrated in Figure 4, 98% of CPAU’s gas reductions in FY 2024 can be attributed to the electrification of residential water heaters through CPAU’s heat pump water heater programs. This is up from 56% in FY 2023, illustrating the success of the Advanced Heat Pump Water Heater Pilot Program. The remaining 2% of gas reductions come from a handful of residential projects and one commercial gas efficiency project, along with one commercial HVAC electrification project. Figure 4: Composition of Natural Gas Use Reduction in FY 2024 11.4 Water Efficiency O 2 R 9 T Item #{{item.number}}     Packet Pg. 310     Staff Report: 2411- 4066 – Page 47 of 51 Table 3: Water Efficiency Metrics CCF Water Reduced 24,646 $ Spent $52,290 Cost of Efficiency ($/CCF)2.12 Total CCF Load 4,146,710 Savings (% of Load)0.59% Savings Goal (% of Load)N/A Figure 5 illustrates the City’s historical total water usage and savings. In FY 2024 CPAU programs yielded lower than average water savings and total usage was around 275,000 CCF higher than FY 2023. Palo Alto’s water usage continues to trend downward long term as the city navigates water efficiency and drought restrictions. 11.5 Electric Vehicles Powering transportation through Electric Vehicles (EVs), as opposed to fossil fuel-powered vehicles, can significantly reduce GHG emissions and climate pollution. As of 2021, on-road transportation accounted for 52% of the city’s greenhouse gas emissions. An S/CAP priority is to facilitate the adoption of EVs registered in Palo Alto by ensuring adequate EV charging infrastructure throughout the city, with equitable access for multifamily and lower income residents, as well as workplaces, public parking lots and retail areas. Correspondingly, cross-departmental work is progressing on proposals for curbside charging, fleet electrification and permit streamlining. The 2022 S/CAP includes GHG emissions reduced by at least 65% below 1990 levels by 2030 in the transportation sector. This is proposed to be achieved by: a. Increasing EVs registered in Palo Alto from around 4,500 (2019) to 28,000 (44% of vehicles) 0 2 4 6 8 1 1 1 1 0 1 2 3 4 5 6 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 A S S A Item #{{item.number}}     Packet Pg. 311     Staff Report: 2411- 4066 – Page 48 of 51 b. Develop a public and private charging network to support these levels of EV penetration Table 4 summarizes EV uptake and the City’s contributions to EV charger availability in FY 2019, FY 2023, and FY 2024. Estimates are also provided for the GHG emission reduction attributed to EVs registered in Palo Alto and EV charging at city-owned chargers. Table 4: Electric Vehicle and Charger Metrics Electric Vehicles FY 2019 FY 2023 FY 2024 Estimated Electric Vehicles Registered 4,454 8,064 9,499 Annual Vehicle Emission Savings (MT GHG)21,610 39,124 46,085 EV Charger Installations Rebated Level 2 22 142 170 DCFC 0 2 3 Multifamily Development EV Charger Projects Completed 5 8 4 Multifamily Units Provided Access to EV Charging 296 403 50 Number of City Owned EV Chargers 56 85 89 FY 2022 Utilization of City Owned EV Chargers (kWh)393,081 734,057 1,031,340 MT GHG Savings from City Owned EV Charger Utilization 440 822 1,155 The average utilization rates of city owned EV chargers exceeds pre-COVID levels illustrated by the FY 2019 statistics, and the total utilization continues to grow as the city installs more public chargers. Figure 6 highlights the evolution of EV adoption in Palo Alto compared to our S/CAP transportation electrification target. 2024 data has been requested from the DMV and will be updated in the next DSM report. Figure 6: EV Adoption and Forecast vs. 2030 Target S 0 5 1 1 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 E Item #{{item.number}}     Packet Pg. 312     Staff Report: 2411- 4066 – Page 49 of 51 11.6 Solar and Storage Solar-plus-storage systems generally consist of a solar array connected to a battery storage system. These systems allow solar energy to be deployed both day and night, making the electricity grid more resilient to changes in demand. Rooftop solar-plus-storage systems also provide resiliency by providing backup power during power outages or public safety power shutoff events. The City participates in Bay Area SunShares – a group-buy program that offers discounts and vetted contractors for installing rooftop solar and battery storage systems. In FY 2024, there were 13 residential solar installations and 3 storage installations completed through the SunShares program. Table 5: SunShares Metrics Solar and Storage FY 2019 FY 2022 FY 2023 FY 2024 SunShares Installations Solar 28 23 21 10 Solar + Storage 2 8 7 3 Storage 0 1 2 0 At the end of FY 2024, PV installations in Palo Alto totaled 1,853, with 1,750 residential, 97 non-residential, and 6 Clean Local Energy Accessible Now (CLEAN) projects installed since CPAU began supporting local solar PV installations in FY 2000. These customer-side generation systems represent 20.4 megawatts (MW) of generating capacity and are not included in CPAU’s Renewable Portfolio Standard (RPS) supply requirements. In FY 2024, CPAU customers installed 170 new solar systems (168 residential and 2 non-residential) with a total 1.5 MW of additional capacity. Figure 7: Photovoltaic (PV) Cumulative Installations Item #{{item.number}}     Packet Pg. 313     Staff Report: 2411- 4066 – Page 50 of 51 Figure 8: PV Cumulative System Capacity (kW) As of the end of FY 2024, there were 150 battery storage installations with a total capacity of 1.5 MW, all of which were in the residential sector. In FY 2024, CPAU customers installed 23 new storage systems with a total 227 kW of additional capacity. Item #{{item.number}}     Packet Pg. 314     Staff Report: 2411- 4066 – Page 51 of 51 Figure 10: Battery Storage Cumulative System Capacity (kW) : Kiely Nose, Interim Director of Utilities Staff: Tim Denterlein, Resource Planner Item #{{item.number}}     Packet Pg. 315