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5. Is EBCE promoting local renewable energy generation and energy efficiency <br />programs? <br />Consider: <br />• Is surplus revenue set aside for local generation of renewable energy or <br />energy efficiency programs? Can the money be easily raided for other <br />purposes? <br />• Do these projects/programs benefit local communities (e.g., jobs)? <br />• How many such projects/programs have been implemented and how effective <br />are they? <br />• Does EBCE own local renewable energy facilities and, if not, how are they <br />guaranteed affordable access for the life of the project? <br />Financial Viability <br />6. How does EBCE's budget for operating expenses (OPEX) compare to other <br />existing CCAs or PG&E? <br />Consider: <br />Compare to OPEX budgets of other successful CCAs from their first years, as <br />well as from subsequent years (e.g., operation and administration expenses <br />for both MCE and the Sonoma CCA account for 3.5 to 6% of their overall <br />operating budgets). <br />7. Is EBCE self-sufficient financially? <br />Consider: <br />• (Revenues via rates +other funding sources) >_ (expenses +debt servicing + <br />bonding costs)? <br />• How quickly is EBCE paying down its pre -startup and startup funding needs? <br />Alternatively, what is the forecast for paying down its debt, and how robust is <br />this forecast? <br />Risks/Uncertainties <br />8. Is EBCE capable of holding rates stable? <br />Consider: <br />• Exposure to the volatility of energy and credit markets and sudden changes in <br />wholesale market prices? <br />• Potential effects associated with changes in the regulatory environment? <br />9. How robust are EBCE load forecasts? <br />Consider: <br />