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Consumers and the Electric Grid NARUC Summer Committee Meeting

Consumers and the Electric Grid NARUC Summer Committee Meeting. Sergej Mahnovski Con Edison July 13, 2014. New York Public Service Commission Reforming the Energy Vision (REV) – The Policy. Enhanced customer knowledge and tools Market animation and leverage of ratepayer contributions

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Consumers and the Electric Grid NARUC Summer Committee Meeting

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  1. Consumers and the Electric GridNARUC Summer Committee Meeting Sergej Mahnovski Con Edison July 13, 2014

  2. New York Public Service CommissionReforming the Energy Vision (REV) – The Policy • Enhanced customer knowledge and tools • Market animation and leverage of ratepayer contributions • System wide efficiency • System reliability and resiliency • Fuel and resource diversity • Reduction of carbon

  3. Con Edison Company Of New York - Overview • 3.3 million electric customers • 1.1 million gas customers • 1,717 steam customers • Delivers 40% of NYS electric peak consumption

  4. Historical CECONY Electricity DemandDespite many U.S. recessions, CECONY has only seen four years of decline since 1970, three of which were consecutive years during The Great Recession. 9/11 (2001) The Great Recession Decline (2009-2011) EnlightenedEnergy Program Stock Market Crash(1987) Oil Embargo(1973) Oil Shock Iranian Revolution Iran/Iraq War(1979) NYC Fiscal Crisis(1975) Decline (1979) Source: Consolidated Edison Company of New York 5

  5. New York City Economy Continues to Show Resilience Employment growth continues with 80,000 jobs added in 2012 and 150,000 jobs added over the past two years NYC is becoming a high-tech hub with job growth and two science campuses under development Tourism now stands as NYC’s fifth largest industry with a record-breaking 52 million tourists in 2012 With projects underway like One World Trade Center, nearly half the nation’s office space under construction is in NYC In December, ground was broken on a 26-acre, $15 billion Hudson Yards development Municipal projects like the 2nd Avenue Subway, 7-Line Extension to the Jacobs Javits Center will help to serve NYC’s growing population Barclays Center – home of the Nets and Islanders - officially opened in September 2012 in Downtown Brooklyn

  6. Growth Forecasts for Peak Demand for 82 CECONY Electric Networks Five-Year Compounded Growth Rates > 1.4% > 0.7% & < 1.4% < 0.4% New York City Westchester

  7. The Energy Supply Challenge Actual Vision

  8. Capital Infrastructure Costly

  9. Challenge: Later-than-usual peak in residential networks MW Average residential load on a peak day • Peak extends to 11pm, Midnight • Flexible residential resources can help address this late peak

  10. Better outcomes include cost savings • Include engineering, system planning • Target programs to increase value • Forecast with these resources to reduce system costs

  11. Distributed Solutions and Customer Engagement

  12. Increasing Interest in PV and CHP Total Number of Customers by Technology Total Installed Capacity CHP PV CHP PV

  13. Targeted DG Incentives Solar Empowerment Zones (SEZs) CHP Targeted Zones

  14. Con Edison’s coolNYC Technology Demand Response Program Wireless communication View and controlremotelyvia Internet View energy used by A/Cs Control A/Cs by time or temperature Makes window A/Cs controllable Customer

  15. Confidential and Proprietary Customers interested in greater control over energy usage *Based on participant survey, administered October 2013 (n=1278)

  16. Commercial Customers

  17. Virtual Building Auditing Customer Name Customer Address New York, NY

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