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Option C. Offer a Brilliant 100 product that is closed to new accounts and is subsidized for existing accounts so that it maintains 100 percent carbon-free power at price parity with PG&E. In addition to the current Brilliant 100 accounts having access to this option, the cities of Pleasanton, Newark, and Tracy can choose to offer this product as a voluntary opt-up option, or as a default service for its residents, businesses, and/or municipal accounts. The EBCE Board selected Option C for 2021. This option will cost EBCE between $1.5 million and $4 million, depending on changes to the PCIA, and Pleasanton, Newark, and Tracy's decisions on making this a default product or a voluntary opt-up option for their communities. Option C will likely be discontinued for all accounts in January 2022. At this time, all accounts subscribed in Option C will likely need to opt-down to Bright Choice, opt-up to Renewable 100 or opt-out of EBCE and return to PG&E. DISCUSSION In September 2019, the Pleasanton City Council unanimously voted to join EBCE. A main consideration for the City Council in making the initial decision to join the EBCE was to be able to provide a "greener" energy product to Pleasanton residents and businesses at rates lower or on par with PG&E rates. Pleasanton began serving on EBCE's Board of Directors in April 2020 and Pleasanton residents and businesses will begin receiving EBCE electricity in April 2021. EBCE offers residents and businesses choices about their electricity. Individual residents and businesses can: • Opt-up their account service to a more expensive level which has higher amounts of carbon free and/or renewable energy • Opt-down their account service to a more affordable level if they are on a higher service level • Opt-out their account service and return to PG&E electricity The residential, commercial, or industrial customer has the final choice no matter what service level the City Council selects as the baseline service level. It is also important to note that City Council also retains choice and may amend the selected baseline service level for customers in the future. EBCE has set a deadline of January 19, 2021 for the City of Pleasanton to choose an EBCE service level for municipal, residential and commercial customer accounts. After the service level is selected by the City Council, beginning in winter 2021, all Pleasanton customers will be able to modify the selected service level by opting-up, opting-down, or opting-out and back to PG&E. If the City of Pleasanton does not make a decision on January 19, 2021, EBCE will enroll all Pleasanton accounts into Bright Choice. Pleasanton's choice of an electricity product could affect community wide greenhouse gas (GHG) emissions as well as the rates paid by Pleasanton customers. At the November 17, 2020 City Council meeting, the Council provided policy direction 4