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HomeMy WebLinkAbout9/18/2002 - STAFF REPORTS (17) DATE: September 18, 2002 TO: City Council FROM: Assistant City Manager-Administration SUBJECT: Approve Agreement with Henwood Energy Services for Consulting Services Relating to an Independent Rate Comparison of Local Electric Distribution Rates and Revenues. RECOMMENDATION: It is recommended that the City Council approve an agreement with Henwood Energy Services, in an amount not-to-exceed $20,000, for consulting services relating to an independent rate comparison of local electric distribution rates and revenues under a proposed local municipal utility for the Coachella Valley. It is further recommended that the City Council approve and authorize the Director of Finance to prepare an offsetting budget adjustment in the amount of$20,000. SUMMARY: For the past several months, the Electric Utility Municipalization Feasibility Study (EUMFS) Group has been actively exploring the viability of forming a local, publicly owned utility. To assist them in this endeavor, the EUMFS Group hired a consultant, EES Consulting, to prepare a feasibility study on the creation of a new municipally owned utility in the Coachella Valley. Southern California Edison (SCE) contends that in preparing this feasibility study EES Consulting has incorrectly estimated the revenues that SCE receives for owning and operating the electric distribution system in the Coachella Valley. In order to determine the existence of this error, SCE has offered to pay for a third party assessment of the differences between SCE's distribution rates and the values reflected in the local municipal utility feasibility study. BACKGROUND: Southern California Edison (SCE) believes that EES has grossly overestimated the amount of distribution revenues that could be used by the proposed local municipal utility in projecting possible electric rates for the Coachella Valley. To help prove their contention, SCE has sent correspondence to the Mayor dated July 1, 2002, offering to "split" the costs of retaining a mutually agreeable third party to perform a "limited review" of SCE's distribution rate position. The purpose of this review is to verify whether EES made an error, as SCE alleges, in projecting the distribution costs that local consumers would pay under a new local municipal utility. A copy of this correspondence is attached. Because the City Council had expressed some interest in having a third party assessment of the EES study, staff has been actively working with SCE in both the design of a mutually acceptable scope, as well as the selection of a consultant. As part of this process, staff provided SCE the names of three consulting firms specializing in energy related issues. In response, SCE submitted correspondence dated July 12, 2002 indicating their preference for two of the three consulting firms that were provided by staff. The two firms that SCE agreed to consider for this project are Henwood Energy Services and R.W. Beck. A copy of SCE's correspondence is attached. In early August, staff contacted both consulting firms to request a proposal. Of the two firms, only Henwood Energy Services submitted a proposal. A copy of this proposal is attached. R.W. Beck informed the City that due to a potential conflict of interest with another client that they were previously under contract to, they would not be able to respond to our request for proposal. 1 /0 Henwood Energy Services is a Sacramento based consulting firm that has been providing strategic and management assistance on energy issues and the competitive electric power industry since 1997. Henwood primarily serves public agencies and has provided independent financial, risk, and power market analysis on more than $10 billion in electric power investment in more than 30,000 MW of projects. Some of their public agency clients include: Cove Communities Services Commission, Mercer Irrigation District, Oakland Army Base, San Diego Association of Governments, and the City of Santa Monica. Henwood understands the limited nature of this assignment and has divided their scope of work into two parts. In the first part, Henwood will determine what the local electric distribution rates and revenues will be based on present California Public Utilities Commission (CPUC) approved SCE distribution rates and what the increase would be if SCE received the distribution rates requested in its General Rate Case (GRC). Once Henwood has determined the correct distribution rates, they will assess the annual distribution revenue for the area, making use of annual Coachella Valley customer case usage data that will be provided by SCE. Differences with the EES study conclusions will be identified and, to the extent possible within budget constraints, the underlying cause(s) documented. Henwood proposes to perform this assignment on a time and materials basis and has developed a not-to-exceed budget estimate of$20,000 for the entire project. The budget includes all labor and expenses necessary to complete this project. Henwood believes that the entire project can be completed within thirty (30) days from receipt of a notice to proceed. Although support for the creation of a local municipal utility has significantly diminished since SCE originally made their offer, staff has been reassured by SCE that they are still committed to an independent assessment to validate their position. SCE has reviewed Henwood's proposal and budget and has indicated that they are ready to proceed. Although SCE had initially agreed to split the cost of the consultant, they are now willing to pay for the entire cost of this assessment. In addition, SCE has agreed to allow the City to contract directly with the consultant rather than both parties. This will eliminate any questions as to the objectivity of the consultant's findings, as well as simplify the overall management of this project by placing it under one entity (e.g., the City) instead of two. This is not a budgeted expense. If the City Council wishes to proceed with this assessment, an offsetting budget amendment will be necessary. The City will be reimbursed in full by SCE at the completion of this project. Troy utzlaf ssi nt City Manager-Administration APPROVED City Manager Attachments: 1. Minute Order Approving a Contract with Henwood Energy Services 2. Minute Order Authorizing the Director of Finance to prepare an offsetting budget adjustment 3. Correspondence from Kathleen DeRosa dated July 1, 2002 4. Correspondence from Kathleen DeRosa dated July 12, 2002 5. Proposal from Henwood Energy Services dated September 9, 2002 _ 2 J SOUTHERN CALIfORNIA ILL 2N' E D I S O N Kathleen DeRosa anagei Rcgion Manager An EDISON INTERNATIONAL"Company July 1, 2002 Mr.Will Kleindienst Mayor City of Palm Springs 3200 E.Tahquitz Way Palm Springs, CA 92262 Dear Mayor ' nst: (� The question of whether Coachella Valley cities should take over Southern California Edison's (SCE) electric distribution facilities and form a new utility is of tremendous importance and potentially long-lasting consequences to the Valley, its taxpayers, residents and businesses. As many local elected officials have acknowledged, reliable information is essential to making an informed decision. Recent city council meetings in Rancho Mirage and Palm Springs have unfortunately failed to resolve questions about the relevant facts and issues. The issue before each city council in the Coachella Valley is not whether people like SCE, or whether people would like lower electric rates. The question is whether the proposed municipalization will result in lower rates. EES Consulting's study promises lower rates, but SCE's analysis of the EES study identified several matters of fact—not opinion—that show it will result in higher rates. Specifically, we believe that two significant errors were made by EES that would result in higher rates by a new government-owned utility: • First,EES very clearly states in its June 4 memo that SCE's distribution rates are 4.94 cents per kWh. This is simply wrong, and is in fact about 2 cents higher than SCE's rates. This translates into a$46 million overestimation of the amount of distribution revenue it can utilize in projecting possible CVAG electric rates, lowering the amount available from $112 million to $66 million annually. • Second, in the same June 4 memo EES now projects$45 million per year in operating and maintenance costs rather than the $33 million($270/customer times 123,000 customers)EES stated in its Report. Taking these two factors into account,the proposed JPA Utility would not be able to cover its costs even if it made no reduction from SCE's projected distribution rates, and it was able to obtain SCE's facilities at their Original Cost plus a 14 percent premium. 36100 Cathedral Canyon Cathedral City,CA 92234 x 7 0 211 Fa f 1 Fax 60-2-202-4136 I/ .j SOUTHERN CALIFORNIA EDISONG An EDISON INTra NA7'7ONAL*Company To support SCE's position that a $46 million error was made, we ask that you and EES review the CH2M Hill Overview Report we distributed to councilmembers in each city last week. In addition, please review the documents provided to you in SCE's May 31, 2002 written comments that clearly demonstrate, using official documents filed with the California Public Utilities Commission, the facts regarding our distribution rates. After you review this information, we would like to meet with you to discuss the CH2M Hill conclusions. Because the differences in their conclusions stem from disagreements as to matters of fact, we would hope such a meeting could drive the matters to ground. If after this meeting and any agreed-upon follow-up, there are still questions or a disagreement on SCE's distribution rates,then SCE would entertain the possibility of splitting the cost with the EUMFS Group to have a mutually agreeable third party perform a limited review of SCE's, EES' and CH2M Hill's distribution rate positions to verify the existence of the two-cent error. This confirmation would provide the EUMFS Group with the necessary factual information on which to make a decision. I will call you shortly to discuss your views on these two factors, and to schedule a follow-up meeting. I hope you will accept our offer to meet and resolve these issues so that the EUMFS Group can gain a clear understanding of the facts and begin to provide accurate information to the public prior to any public vote being scheduled. Sinc ely, Ka een DeRosa Public Affairs Region Manager cc: City Manager City Council Members Mission Springs Water District Board Members Desert Water Agency Board Members Coachella Valley Water District Board Members Agua Caliente Band of Cahuilla Indians Tribal Board Members' ) qK 36100 Cathedral Canyon Dr. 2 Cathedral City,CA 92234 .J SOUTHERN CALIFORNIA E D I S O N Kathleen DeRosa Region Manager An EDISON INTERNATIONAL'"Company July 12, 2002 Mr Will Kleindienst Mayor City of Palm Springs 3200 E. Tahquitz Way Palm Springs, CA 92262 Dear Mayor Kleindienst: Southern California Edison (SCE) is gratified that the City of Palm Springs has agreed that the public debate on municipalization will benefit from a third party examination of what is perhaps the key assumption in the CVAG consultant report which advocates municipalization: namely, what is the actual SCE distribution rate that a new municipal utility would have to beat in order to meet the projected distribution rate reductions in the EES Report. As we discussed at the workshop on June 28 and our July 1 letter to you, the scope of work consists of the following: CVAG consultant EES asserts that beginning in 2004, the distribution component of SCE's rate will be 4.94 cents per kilowatt/hour (kWh), on a system-average basis, and claims that a new Valley utility could lower overall Valley utility bills by 15 percent by lowering that distribution component by about 48 percent. SCE contends its distribution rate is only about 2.7 cents/kWh today, and that even if 100 percent of the increase requested in SCE's recently filed General Rate Case application were granted and attributed to distribution (which it is not), the distribution component of SCE's rate will only rise to 3.1 cents/kWh. We invited the City to provide us with a list of consultants that Palm Springs would consider acceptable for this task, and Mr. Troy Butzlaff provided us with the list of those to whom CVAG submitted its Request for Proposals several months ago. Of the others on the list aside from EES Consulting, the City expressed a preference for three: Henwood Energy Services, PE Power and R.W. Beck. While any of those three is acceptable to SCE, we believe an affiliate of PB Power is Performing work for an affiliate of SCE, and we suggest excluding PB Power for this reason. We do express a preference for personnel who are knowledgeable with California utility regulation and ratemaking, which would favor using offices of those firms other than the ones identified on your list. In the case of R. W. Beck, for example, this would mean the use of the firm's Sacramento office —we refer specifically to Ken Mellor. In the case of Henwood Energy Services, we believe Doug Davie would be the appropriate individual. 36100 Cathedral Canyon 104 Cathedral City,CA 92234 760-0-202-4211 Fax 760-202-4136 SOUTHERN CALIFORNIA � EDISON" An EDISON INTERNATIONAL'y'Compan% Both of these firms have consulted extensively for cities and other local governmental entities considering municipalization, and SCE has been on "the other side" in several of those matters, but we believe each is up to the task given the unique and.well-defined scope of the assignment here, as set forth in the second paragraph of this letter. Please select the one you wish and inform us of that selection as quickly as possible so we may verify their availability and transmit the scope of work and the necessary materials to the consultant. We will determine their interest and availability to perform the project. In addition, we will furnish the selected consultant with the publicly available materials needed to answer the question, including the letter dated May 22, 2002 from the California Energy Commission (CEC) staff acknowledging that its distribution rate increases contained in the original CEC outlook report do not appear to be appropriate. Finally, with respect to payment, our original offer was to split the cost of this consultant, believing that such approach would eliminate any ground for alleging bias in favor of SCE. However, at your request we are willing to pay for the total cost of this limited scope of work. Please let us know which consultant you wish to select and we will proceed expeditiously to issue an appropriate Purchase order. We believe the sooner we hear back from you on who the consultant is to be, the better. Please feel free to call if you have any questions about the foregoing. Again, we thank you for Palm Springs' commitment to an informed process of Public debate and decision-making. very tr yours, Ka en eRosa Publi Affairs Region Manager cc: Council members City Manager Assistant City Manager lqi* 36100 Cathedral Canyon Dr. Cathedral City,CA 92234 Energ -- Henwood Sacramento, o, CA Services, Inc. 11 Henwood 2379 Gateway Oaks Drive, Suite 100 Sacramento, CA 95833 (Phone)916.569.0985 (Fax)916.569.0999 www.h enwoodenergy.com September 9, 2002 Mr. Troy Butzlaff Sent by e-mail Assistant City Manager City of Palm Springs 3200 E. Tahquitz Way Palm Springs, CA 92262 Re: Proposal for Rate Comparison Study Dear Mr. Butzlaf£ As we agreed in our recent phone conversation, I have prepared this letter-proposal as a follow-up and revision to our proposal from August 27, 2002. This revised proposal clarifies a scope that we believe complies with Southern California Edison request for a specific rate comparison study while also ensuring the City will have information to understand any differences between SCE's distribution rates and the values reflected in the local municipal utility feasibility study. Introduction The Electric Utility Municipalization Feasibility Study (EUMFS) Group is exploring the viability of forming a local,publicly owned municipal utility. EUMFS Group engaged EES Consulting(EES)to prepare a feasibility study of forming such a local municipal utility. Southern California Edison(SCE) contends that EES has incorrectly estimated the revenues that SCE correctly receives for owning and operating the electric distribution system in the Coachella Valley. SCE maintains that EES has over estimated SCE's distribution rate by about 2 cents per KWh and the resulting annual distribution revenues available to the proposed municipal utility by about$46 million. Having prior experience in trying to initiate municipal utility services,the City of Palm Springs is not interested in pursuing the formation of a local utility based upon faulty or overly optimistic analyses. Before considering joining other local governments and possibly supporting the formation of a regional municipal utility,Palm Springs wants a second,independent opinion on whether EES made an error, as SCE alleges, in projecting the distribution costs local energy consumers would incur under the status quo conditions. Proposed Scope of Work The scope of work for this limited assessment is to determine what the local electric distribution rates and revenues will be based on present CPUC approved SCE distribution rates and what the increase would be if SCE received the distribution rates requested in its GRC. In making this determination, Henwood will rely on public record documents filed with the CPUC, which will be provided by SCE. The City will ensure that Henwood receives a copy of the EES study and all appropriate work papers and electronic analysis that detail their determination of the local distribution service costs under the status quo conditions. In performing this work,Henwood will meet with SCE and with EES separately to determine their position on what the appropriate distribution rates are and are likely to be following the GRC decision. Our analysis will include consideration of the documents provided by SCE as well as any additional materials provided by EES. h 7 Mr.Troy Butzlaff September 9,2002 Page 2 Once Henwood has reviewed the materials provided and determined the correct distribution rates for the electric consumers that would become customers of the new municipal utility, Henwood will determine the annual distribution revenue for the area making use of annual Coachella Valley customer class usage data that will be provided by SCE. Differences with the EES study conclusions will be identified and, to the extent possible within the budget constraints, the underlying cause(s) documented. Key Staff In performing this assignment, Henwood will make use of appropriate staff and expertise from its 150+staff resources. Key individuals that will be involved include: ➢ Mr. Adrian Chiosea, Project Manager ➢ Mr. Craig Castagnoli, Senior Project Manager, ➢ Mr. Doug Davie, Director Power Business Solutions Services Schedule It is understood that time is of the essence for this review. Work will begin immediately after the approval of this proposal and receipt of the necessary documents that will be the basis of our evaluation. A letter-report summarizing our findings will be delivered within 30 days thereafter. Estimated Budtret As we discussed,Henwood proposes to perform this assignment on a time-and-materials basis, in accordance with our current consulting rate schedule (submitted previously), and limited by a cap of$20,000. Included in the budget are the individual meetings with SCE and EES to be held at Henwood's office in Sacramento and one meeting to review the report with you at your Palm Springs office. Authorization If this proposal correctly reflects your needs and meets your expectations,please counter-sign a copy and return it to us. Please do not hesitate to call Adrian, Craig or me at(916) 569 0985 with any questions or comments. Sincerely, 41ld67� Douglas E. Davie Director, Power Business Solutions Services I hereby authorize Henwood to provide services to the City of Palm Springs pursuant to the scope of work and commercial arrangement detailed above. By: Troy Butzlaff Date: Cc: Craig Castagnoli-Henwood Adrian Chiosea-Henwood I Y$118 J SOUTHERN CALIFORNIA E D I S O N° Kathleen DeRosa Region Manages An COISON INTLRNATIONAL'R Company August 23, 2002 Mr. Troy Butzlaff Assistant City Manager City of Palm Springs 3200 E. Tahquitz Way Palm Springs, CA 92262 Dear Mr. 12T _--"/' Thank you for sending the August 14, 2002 Henwood proposal to perform the limited rate comparison study and your e-mail to Henwood in which you set forth your understanding of the projected scope of work. After reviewing both documents, it seems that the scope of work focuses only on evaluating the EES Report, and is not consistent with the scope of work in our July 1 letter to Mayor Kleindienst. In addition, we believe that there is public record material from the California Public Utilities Commission (CPUC), which establishes our distribution rates and should be used to expedite the project. Specifically, SCE's distribution rates are, by law, established by the CPUC and Published in SCE's tariffs and are a matter of fact, not opinion. The system average distribution rate is a function of those statutory rates and billing determinants, which can be established within a reasonable range based on current operations and available forecasts. In addition, SCE's maximum possible distribution rate after completion of its present General Rate Case (GRC) can be determined based on SCE's General Rate Case filing. Therefore, we would propose the following scope of work: 1 SCOPE OF WORK The Electric Utility Municipalization Feasibility Study Group (EUMFS Group) is exploring the viability of forming a local, publicly owned municipal utility. EUMFS Group engaged EES Consulting (EES) to prepare a feasibility study of forming a local municipal utility. Southern California Edison (SCE) contends that EES has incorrectly estimated the costs of owning and operating the electric distribution system in the Coachella Valley. SCE maintains that EES has overestimated SCE's distribution rate by about 2 cents per kWh and the resulting annual distribution revenues by$46 million. Cathedral Canyon Dr.Cathedral Cathedral City,CA 92234 (7� 760-202-4211 Fax 760-202-4136 SOUTHERN CALIFORNIA r EDISON° An EDIS'ON INTHRNATIONALO Company Having had prior experience in trying to initiate municipal utility services, the City of Palm Springs is not interested in pursuing the formation of a local utility based upon faulty or overly optimistic analyses. Before considering joining other local governments and possibly supporting the formation of a regional municipal utility, Palm Springs wants a second, independent opinion on whether the EES Report and EES June 4, 2002 letter made an error in projecting SCE's distribution rates. The scope of work for this limited assessment is to determine what the present CPUC approved SCE system average distribution rate is and what would be the maximum possibly increase if SCE received its total request in the GRC and the total increase was applied to SCE's distribution rate. In making this determination, Henwood will rely on public record documents filed with the CPUC. Once Henwood has determined the appropriate system average distribution rate, Henwood will determine the annual distribution revenue for the Coachella Valley, utilizing the annual customer usage in the Coachella Valley that will be provided by SCE. In performing this scope of work, Henwood will conduct individual meetings with SCE and EES to determine their position on what the appropriate distribution rate should be and will specifically review the attached public records documents provided by SCE as well as any material EES chooses to provide. SCE would also like a cap on the amount to be expended under the contract of $20,000. If you have any questions please call me on 760/202-4211. Sincer een DeRosa Regl Manager l /IT 36100 Cathedral Canyon Dr. Cathedral City,CA 92234 MINUTE ORDER NO. APPROVING AN AGREEMENT WITH HENWOOD ENERGY SERVICES FOR CONSULTING SERVICES FOR AN INDEPENDENT RATE COMPARISON OF LOCAL ELECTRIC DISTRIBUTION RATES AND REVENUES, IN THE AMOUNT OF $20,000. ------------------ I HEREBY CERTIFY that this Minute Order, approving an agreement with Henwood Energy Services for consulting services for an independent rate comparison of local electric distribution rates and revenues, in the amount of $20,000, was adopted by the City Council of the City of Palm Springs, California, in a meeting thereof held on the 181h day of September, 2002. PATRICIA A. SANDERS City Clerk y� MINUTE ORDER NO. AUTHORIZING THE DIRECTOR OF FINANCE TO PREPARE AN OFFSETTING BUDGET ADJUSTMENT IN THE AMOUNT OF $20,000. ------------------ I HEREBY CERTIFY that this Minute Order, authorizing the Director of Finance to prepare an offsetting budget adjustment in the amount of $20,000, was adopted by the City Council of the City of Palm Springs, California, in a meeting thereof held on the 18"'day of September, 2002. PATRICIA A. SANDERS City Clerk l � �