Investor Presentaiton

RETAIL REFORMS Recommended Retail Reforms Reform Option Utility Retail Rate Reforms When? Immediate Recommendations Authorize (and perhaps require) the PSC and regulated utilities to evaluate options for expanded and enhanced retail rate choices Partial Retail Choice (large C&I customers) Community Choice Aggregation (CCA) Full Retail Choice (including residential and small businesses) Competitive Reforms to Enable DERS Third-Party Energy Efficiency Administrator Future (After RTO Participation) Future (After RTO Participation) Future (After RTO Participation) Immediate & Future Immediate Introduce partial retail choice for large C&l customers Introduce a path for Community Choice Aggregation Defer consideration of retail choice for residential and small business customers until after other reforms are implemented Enable distributed energy resources and demand response from third-party providers to compete in all-source supply solicitation Authorize the PSC to appoint a third-party EE administrator to support energy efficiency program development in utility territories where substantial cost- effective EE opportunities exists to reduce customer electricity bills but that have not been fully pursued under existing structures

View entire presentation