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HomeMy WebLinkAbout06.a. Power purchase agreements with Sun EdisonCentral Contra Costa Sanitary District 6-a. BOARD OF DIRECTORS POSITION PAPER Board Meeting Date: December 18, 2014 Subject: RECEIVE PRESENTATION TO CONSIDER SETTING JANUARY 8, 2015 AS THE DATE FOR A PUBLIC HEARING TO CONSIDER AWARD OF THREE POWER PURCHASE AGREEMENTS TO SUN EDISON, LLC Submitted By: Initiating Dept. /Div.: Dan Frost, Associate Engineer Engineering /Environmental Services REVIEWED AND RECOMMENDED FOR BOARD ACTION: N. Hodges — Provisional Senior Engineer D. Gemmell — Environmental Services Division Manager J. Petit — Director of Engineering �A Kent Alm Counsel for the Roger S. Bailey General Manager ISSUE: California Government Code Section 4217.12 requires public agencies to hold a public hearing when considering award of energy services contracts or power purchase agreements. RECOMMENDATION: Receive presentation on power purchase agreements with Sun Edison, LLC for solar photovoltatic panels at the District's Household Hazardous Waste Facility, Collection System Operations Building, and Vehicle Maintenance Shop, and establish January 8, 2015 at 2 p.m. as the date and time for a public hearing in accordance with Government Code Section 4217.12 to consider awarding the three power purchase agreements to Sun Edison, LLC for solar photovoltaic systems. FINANCIAL IMPACTS: None from this action. However, if awarded, the three power purchase agreements will provide approximately $300,000 in energy savings (20 -year Net Present Value) over the 20 -year power purchase agreements term when compared to continued import of PG &E grid power. If the power purchase agreements are executed and Notice to Proceed has been issued by February 28, 2015, it is possible that the District would receive a three percent price reduction resulting in additional energy savings. ALTERNATIVES /CONSIDERATIONS: The Board of Directors could decide not to hold a public hearing and to not consider award of the three power purchase agreements to Sun Edison, LLC. BACKGROUND: In January 2013, the Board of Directors authorized the General Manager to execute a Memorandum of Understanding (MOU) for participation in the Regional Renewable Energy Procurement (R -REP) project, which would include three of the District sites in a collaborative bidding process with over 20 other public agencies. The District's three sites (Household Hazardous Waste Facility, Collection System Operations Building, and Vehicle Maintenance Shop) were evaluated and recommended for cost - effective solar power in a 2012 Solar Feasibility Study. In 2013 C:\ Users \danderson\AppData \Local \Microsoft \Windows \Temporary Internet Files \Content.Outlook \DVCG8C5G \PP for PH for Sun Edison PPAs 12 -18 -14 Final (2).docxN \ €NVRSEC \PGs #ion - Papers \Frost \2014 \1- 2-- 48 -44 \RP for -PH- for - Sun - Edison - PRAs-- 1- 24844- F- inal_deox Page 1 of 2 POSITION PAPER Board Meeting Date: December 18, 2014 Subject-, RECEIVE PRESENTATION TO CONSIDER SETTING JANUARY 8, 2015 AS THE DATE FOR A PUBLIC HEARING TO CONSIDER AWARD OF THREE POWER PURCHASE AGREEMENTS TO SUN EDISON, LLC and 2014, Alameda County (lead agency for R -REP) completed an RFQ /RFP process in accordance with California Government Code Section 4217.10, et seq. Sun Edison, LLC was ultimately recommended for award of Bid Bundle M3, which includes the District's three proposed sites for solar photovoltaic systems. California Government Code Section 4217.12 allows public agencies to execute power purchase agreements if the public agency holds a public hearing at a regular meeting and finds that the power purchase agreements are in the best interests of the public agency and that the anticipated cost to the public agency for electrical energy provided by the power purchase agreements will be less than the anticipated marginal cost to the public agency for other energy that would have been consumed by the public agency in the absence of the power purchase agreements. COMMITTEE RECOMMENDATION: The Engineering & Operations Committee reviewed this project at its November 24, 2014 meeting and recommended the Board move forward with setting the public hearing on this matter. At the December 4, 2014 Board Meeting, the Board of Directors voted to table this item to the December 18, 2014 Board Meeting. The Engineering & Operations Committee reviewed this project at its December 9, 2014 meeting and recommended the Board move forward with setting and conducting the public hearing on this matter. RECOMMENDED BOARD ACTION: Receive presentation on power purchase agreements with Sun Edison, LLC for solar photovoltatic panels at the District's Household Hazardous Waste Facility, Collection System Operations Building, and Vehicle Maintenance Shop, and establish January 8, 2015 at 2 p.m. as the date and time for a public hearing in accordance with Government Code Section 4217.12 to consider awarding the three power purchase agreements to Sun Edison, LLC for solar photovoltaic systems. C: \Users \danderson\AppData \Local \Microsoft \Windows \Temporary Internet Files \Content.Outlook \DVCG8C5G \PP for PH for Sun Edison PPAs 12 -18 -14 Final (2).docxN \ €NVRSEG \Position- Papers \Frost \2914 \1- 2- 18 -14 \PP for PH for -Sun- Edison RPAs- 4- 2 -1 &14- Final.decx Page 2 of 2