This web page is devoted to facilitating communications among and beween subgroup participants and the participants in Docket 7523 and 7533.

Subgroup Chair: J. Riley Allen (Note: contact information is available through the email distribution list below)

The Cost Analysis Subgroup is charged with identifying and proposing tools and information sources to be relied upon in meeting the Board's obligation to determine rates that represent a "reasonable approximation" of "a generic cost, based on an economic analysis, for each category of generation technology that constitutes renewable energy." (30 VSA 8005 b.(2)(B)(ii)) Depending on the outcome of legal determinations regarding Docket 7533, this Subgroup may also be charged with identifying and proposing tools and information sources to be relied on in setting the longer term prices "to be paid to a plant owner under a standard offer" needed by Janary 15, 2010.

Thursday August 13, 2009 from 9:30 AM to 12:30 PM (same location and call-in as other Cost Analysis Subgroup Meetings as reflected below)

Future Meetings: Regular Thursday AM meetings from 9:30 AM to to 12 Noon at the 4th Floor Conference Room, Vermont PSB, 112 State Street or call using the following: Conference Call-In 1-719-387-5597 Participant Passcode: 574902

Proposed Agenda for August 6, 2009 Meeting

Potential structure for cost analysis with appended issues submitted by subroup members.
Structure for Cost Analysis for Discussion as Revised July 30, 2009

Attached is a Cost of Service model using wind resources in this example as prepared by GMP for discussion at the August 6, 2009 Cost Analysis Subgroup Meeting.
Cost of Service Model (Wind)

Comments on the Cost of Service Model from Longview Infrastructure
Longview Comments

Attached is an initial estimate from the DPS of the weighted average residential rate for Vermont. It is based on the 2008 annual reports, as filed by the utilities. A estimated customer charge has been deducted from the revenue calculation, resulting in an average rate of 12.28 cents/kWh.
DPS Initial Estimate of Weighted Average Residential Rate

NREL materials summarizing programs in Germany, Spain, Switzerland, and Slovenia
FIT Rate Schedules for Selected European Nations

Examples of Fixed Charge Method as Discussed at July 23, 2009 Subgroup Meeting -- The fixed charge or annual carrying charge methodology is outlined in an appendix to this report. It is used to estimate the reactive power revenue requirements. Please see page A-8 (180 of the PDF document).
Example Application of Fixed Charge DOE Study
Example Application of Fixed Charge (Annual Carrying Cost)

Gainesville Feed-in Tariff Synopsis
Gainesville FIT

UK is going thru a parallel process to Vt. Parliament mandated by law in 2008 that Feed-In Tariffs must be put in place for renewable electricity sources by April, 2010 and renewable heat sources by April, 2011. The Department of Energy and Climate Change (DECC) is charged with holding consultations on setting the FITs and integrating them with their previous system of Renewable Obligations (ROCs) and grant incentive program (Low Carbon Building Programme, LCBP). They will be making formal recommendations back to Parliament this fall, and the rules will be set in Jan for the tariffs to start in April, 2010.
UK DECC Document

Notes from July 23, 2009
Notes from July 23, 2009 meeting

Notes from July 30, 2009
Notes from July 30, 2009 meeting

Cost Analysis for Wind Banding/Tiers by Nameplate Capacity from Northern Power
Tier Proposals from Northern Power

Materials from July 30, 2009

Proposed Agenda for July 30, 2009 Meeting Discussion Document for July 30, 2009 Meeting from K. Jones Supplemental Comments for July 30, 2009 Meeting from D. Lamont

• Cost Analysis E-mail Distribution List

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Direct further inquiries or requests to:  psb.clerk@state.vt.us