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Orcas Power & Light Cooperative

Orcas Power & Light Cooperative. Ambassadors Legislative Kick-off Meetings October 7 & 8, 2010. Our Energy, Our Future: A Dialogue with America. Mobilizing co-op consumers to ask their elected representatives tough questions about the future of energy. Join the Campaign: www.ourenergy.coop.

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Orcas Power & Light Cooperative

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  1. Orcas Power & Light Cooperative Ambassadors Legislative Kick-off Meetings October 7 & 8, 2010

  2. Our Energy, Our Future:A Dialogue with America Mobilizing co-op consumers to ask their elected representatives tough questions about the future of energy.

  3. Join the Campaign: www.ourenergy.coop Over 534,000 electric co-op members sent messages!

  4. What are we talking about? • Cap and Trade/Carbon Tax • Conservation/Energy Efficiency • Renewable Energy Standard/RPS • Net Metering • Feed-in Tariffs/Standard Offer Contracts • On-bill Financing

  5. Cap and Trade/Carbon Tax • Not the same but have same goal: • Placing a cost on carbon dioxide (CO2) emissions • Cap and Trade • Establishes limits on CO2 emissions • Permits issued for the allowed emissions (allowances) • Allowances can be “traded” if surplus or needed

  6. Cap and Trade/Carbon Tax • Cap and Trade (continued) • Current proposals have serious flaws in the proposed “trading” schemes • Carbon Tax • More transparent • More effective in influencing behavior • Determining appropriate level is difficult • Politically it is DOA

  7. Conservation/Energy Efficiency • Not the same thing • Conservation – Not using or reduced usage • Energy Efficiency – Smarter usage • Washington State • Conservation requirements (RPS) • EE requirements on targeted items • Federal • Proposals for energy efficiency requirements

  8. Renewable Energy Standard/ Renewable Portfolio Standard • Enacted in over half of the states • Federal proposals but no law yet • Inconsistencies are rampant • Different definitions of “renewable” • Different levels of requirements • Different eligibility requirements • Requirements exceed availability

  9. Net Metering • Accounting for electricity generated on the retail customer’s side of the meter • Retail customer gets credit for excess electricity • Excess electricity is “banked” for future bill credit • Payments are tricky because of federal jurisdiction over wholesale power purchases

  10. Feed-in Tariffs/Standard Offer Contracts • No federal – only states enactment • Jurisdictional issues – wholesale pricing • Legislates “winners” and “losers” among production technologies • Puts “business risk” on retail customers without any share of potential profits • No regulatory oversight – retail customers at the mercy of generators

  11. On-bill Financing • Provides funds for up-front investments in conservation and energy efficiency • Great idea if done correctly • Restricted to residential and small commercial • Identified and quantified savings for retail customer • Specific “pay-back” periods • Appropriate risk assignments

  12. That’s what are we talking about! • Cap and Trade/Carbon Tax • Conservation/Energy Efficiency • Renewable Energy Standard/RPS • Net Metering • Feed-in Tariffs/Standard Offer Contracts • On-Bill Financing

  13. Information • Orcas Power & Light Cooperative • www.opalco.com • Washington Rural Electric Cooperative Association (WRECA) • www.wreca.coop • National Rural Electric Cooperative Association (NRECA) • www.nreca.coop • www.ourenergy.coop

  14. PO Box 7219 Olympia, WA 98507 360.357.6048

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