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22
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2016
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100416
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11/30/2016 2:23:44 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
10/4/2016
DESTRUCT DATE
15Y
DOCUMENT NO
21
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Table 3 <br /> 2017 to 2030 <br /> CCA Local Capture on RE As%of County's As%of County's Net Bill <br /> Total RE Expected Economic Savings <br /> Scenario investments(billion$) investment Activity (billion$) <br /> 1 $0.42 44% 0.01% $1.57 <br /> 2 $0.42 44% 0.01% $1.51 <br /> 3 $0.45 45% 0.01% $0.52 <br /> 4 $1.86 49% 0.04%411111111 $0.52 • <br /> Table 4 shows high-level results expressed as average annual job changes for the four CCA <br /> scenarios. While Scenarios 1 and 2 create nearly identical direct jobs (due to comparable <br /> investment in local renewable projects), scenario 1 creates far more TOTAL jobs. This is due to <br /> the higher bill savings under scenario 1. Scenario 3 creates a few more direct jobs, but far fewer <br /> total jobs, due to decreased bill savings as compared to Scenario 3. The average annual total job <br /> impact when compared to Scenario 3 increases by a 2.2-fold factor as a result of CCA customers <br /> facing the same level of net rate savings despite the amplified level of renewable investment <br /> demand associated with the CCA, particularly for local projects. <br /> Table 4: Average Annual Jobs created in Alameda County by the CCA— <br /> Direct and Total Impacts <br /> 2017—to—2030 County Impacts <br /> Local Capture on RE Average Average <br /> CCA investments Bill Savings Annual Annual <br /> Scenario (billion$) <br /> (billion$) DIRECT Jobs TOTAL Jobs <br /> 1 $0.42 $1.57 165 1322 <br /> 2 $0.42 $1.51 166 1286 <br /> 3 $0.45 $0.52 174 731 <br /> Job impacts from building and operating renewable capacity investments in the county account <br /> for near 70 percent of annual job creation(compared to the 20 percent in Scenario 1 which had <br /> the smallest amount of CCA renewable investments both for the county and elsewhere in the <br /> state. It did however have the greatest rate savings to CCA customers). The peak year of impact <br /> remains 2023 with the county adding approximately 2,430 jobs. <br /> 7 <br />
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