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regarding the Climate Action Plan 2.0 GHG reduction target pathway. They selected a linear path that sets a long-term target based on the State's Executive Order B-55-18 target of carbon neutrality by 2045, and set a short-term target based on a linear trajectory of emission reductions from 2045 back to 2020 levels. Staff has conducted an analysis that considers the following factors: environmental goals, costs, and stability, and proposes three options for consideration. Option 1. Brilliant 100. This service level is the mid-point product that EBCE offers which provides a "greener" energy product at price parity with PG&E rates. The current energy portfolio for this option consists of 100 percent carbon free energy, 35.8 percent of which are renewables and the remainder would likely be large hydro. This service level would meet the CAP 2.0 goals. The EBCE Board recently decided to make several adjustments to the Brilliant 100 option. While the Board determined to maintain the rate at parity with PG&E, they voted to no longer allow customers enrolled in Bright Choice or Renewable 100 to opt into Brilliant 100. The Board is allowing new agency members, such as Pleasanton, to select Brilliant 100 as their baseline option. EBCE will continue to subsidize this service level at an estimated cost of$1.5 million to $4 million through December 2021. The EBCE Board will reevaluate this service level in third or fourth quarter of 2021 as it relates to the energy mix and rates. Option 2. Bright Choice. This service level has changed in its energy portfolio composition and pricing. The current energy composition of the Bright Choice service level is now a minimum of 50.3 percent carbon free power (39.5 percent solar and wind, 10.8 percent large hydro). While the EBCE Bright Choice service level's current energy composition includes a large portion of natural gas, EBCE has a policy that they will provide Bright Choice customers 5 percent more renewable energy than PG&E on a yearly basis. This service level would not meet the CAP 2.0 goals. Bright Choice service level price moved from a 1.5 percent lower rate than PG&E to a one percent lower rate than PG&E. This option would provide minor cost savings to Pleasanton residents and businesses. In evaluating reliability of this service level, approximately 86 percent of current EBCE customers are subscribed at this level and the EBCE Board is committed to continue to provide this option at a discount. Option 3. Renewable 100. This service level includes energy which is sourced from 50 percent solar and 50 percent wind from California and is 100 percent renewable and carbon free. If Pleasanton selected this option, it would meet the CAP 2.0 goals. The estimated costs to residents would be an additional $5.00 per month and the aggregate total increased cost for commercial accounts is estimated at $2.7 million. 5