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Austins Energy Leadership Marketing Renewable Energy

Marketing Renewable Energy - Resource Solutions

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Austin’s Energy Leadership

Marketing Renewable Energy

 !

www.austinenergy.com

Austin Energy

!   8th largest community-owned electric utility, serving more than 420,000 customers!

!   Total generation is nearly 3,000 megawatts through a diverse generation mix of nuclear, coal, natural gas, and renewable energy resources — primarily wind power!

!   Aggressive goal to achieve 35% of its energy supply from renewable resources by 2020!

!   Recent power purchases increased Austin Energy’s renewable portfolio to 27% in 2013!

!   Additional goal to reduce carbon emission levels 20% below those reached in 2005!

September 2013

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www.austinenergy.com

Renewable Resources

!   Primarily wind!!   GreenChoice™ is a voluntary program!

!  Nation’s most successful green-pricing program for 9 years in a row!

!  Green-e Energy certified!!   100% of all City of Austin buildings on GreenChoice!!  Currently sales tied to specific supply source !!   Introducing new version January 2014!

!   Additional renewable resources include solar and biomass!

September 2013

3!

www.austinenergy.com

GreenChoice™

!   Available since 2001!!   6 batches at various prices!!   Tied to PPA prices!

!   Nearly 12,000 customers enrolled!!   Over 11,000 Residential!!   Majority of kWh from Commercial and Large Industrial customers!

!   Updated program available January 2014!!   Renewables as a portfolio mix!!   Different offerings across customer groups!

− Penny Plus for Residential and Commercial!−  12 month contract Penny Plus for Commercial!−  3 year fixed for Large Industrial!

!   Emphasis to maintain key elements for Commercial customers and new marketing strategy for Residential customers!

September 2013

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www.austinenergy.com

Challenges and Opportunities

!   Educating customers on differences between “old” and “new” GreenChoice!

!   Maintaining and increasing current Commercial kWh!!   Growing the Residential base!!   Education and outreach with limited resources!

September 2013

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