HomeMy WebLinkAboutAgenda Report - November 16, 2011 C-13AGENDA ITEM C401
4% CITY OF LODI
COUNCIL COMMUNICATION
AGENDA TITLE: Adopt Resolution Authorizing the City Managerto Amend the Energy Efficiency
Financing Program
MEETING DATE: November 16,2011
PREPARED BY: Electric Utility Director
RECOMMENDED ACTION: Adopt a resolution authorizing the City Managerto amend the
Energy Efficiency Financing Program.
BACKGROUND INFORMATION: In October 2010, the City Council approved a pilot projectfor an
energy efficiency financing program, also referred to as on -bill
financing. This established a loan fund in the amount of $250,000
for G2 electric utility customers' energy efficiency/conservation
projects. In May 2011, the City Council authorized an additional
$150,000 as well as G3, G4, G5 and 11 utility rate customers.
To date, eight (8) commercial/industrial customers have secured an interest-free, 24 -month loan for
designated and approved energy efficiency measures. These businesses include: Delta Rehabilitation,
Wine & Roses, M & R Packing, Pacific Coast Producers, Quashnick Tools, Heartland Steel, Kettleman
Lane Chevron, and Specialty Commodities. Of the $400,000 available in this program, a total of
$278,955.75 has been loaned to these eight aforementioned businesses. Another $69,101 is currently
reserved, as the energy efficiency projects are pending installation/completion by years end.
Staff recommends expanding the program to include non-residential customers assigned to the G-1
electric utility rate tariff.
Also of note, all outstanding loans continue to be paid on time, each month. This continues the "cycle" of
loan funds: as loan amounts are paid each month, the total available loan balance is replenished. This
allows the City to offer additional loans to those customers who meet the set eligibility guidelines.
FISCAL IMPACT: The electric utility will, overtime, continue to see decreased energy sales as a
result of the customer -implemented energy efficiency/conservation measures.
FUNDING: Included inFY2011/12 Budget Account No. 164.1420.
Jor& ers
Deputy City Manager/Inter al Se ice to
Eliz e h . Kirlclev �'
Electric Utility Director
PREPARED BY: Rob Lechner, Manager, Customer Service & Programs
APPROVED: r —
nradt Bartlam, City Manager
RESOLUTION NO. 2011-182
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING
THE CITY MANAGER TO AMEND THE ENERGY EFFICIENCY
FINANCING PROGRAM
WHEREAS, in October 2010, the City Council approved a pilot project for an energy
efficiency financing program, also referred to as on -bill financing, which established a loan fund
in the amount of $250,000 for G2 electric utility customers' energy efficiency/conservation
projects; and
WHEREAS, in May 2011, the City Council authorized an additional $150,000 as well as
G3, G4, G5, and 11 utility rate customers; and
WHEREAS, to date, eight commercial industrial customers have secured an interest-
free, 24 -month loan for designated and approved energy efficiency measures; and
WHEREAS, to date a total of $278,955.75 has been loaned to eight businesses and
$69,101 is currently reserved as the energy efficiency projects are pending
installation/completion by years end; and
WHEREAS, staff recommends expanding the program to include non-residential
customers assigned to the G I electric utility rate tariff, thus incorporating all non-residential
customers in this program.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to amend the Energy Efficiency Financing Program by including G I
commercial/industrial customers.
Dated: November 16, 2011
hereby certify that Resolution No. 2011-182 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held November 16, 2011, by the following vote:
AYES: COUNCIL MEMBERS —Hansen, Katzakian, Nakanishi, and
Mayor Johnson
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Mounce
ABSTAI N: COUNCIL MEMBERS — None
.(J7
HL
City Clerk
2011-182