City Council Agenda and Packet 2019 07 30

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LOUISVILLE AND XCEL ENERGY, COLORADO ENERGY FUTURE COLLABORATION 2018-2019 WORK PLAN ("Work Plan) — October, 2018 Background On September 7, 2018, the City of Louisville, Colorado ("Louisville" or "City") and Public Service Company of Colorado, a Colorado corporation and an Xcel Energy company ("Xcel Energy"), entered into an Energy Future Collaboration - Memorandum of Understating ("MOU"). For Louisville and Xcel Energy, the MOU provides a strategy and framework for cooperation and achievement of a shared vision through broad collaboration, focusing on innovation, clean energy, economic development opportunities, customer choice programs and technology — known as the Energy Future Collaboration Partnership ("EFC Partnership"). A copy of the MOU is attached and incorporated into this Work Plan. Section 4.1 of the MOU contemplates that, upon execution of the MOU, the Parties will develop a plan to advance the EFC Partnership, which is this Work Plan for 2018-2019. Louisville and Xcel Energy are collectively called the "Parties." This Work Plan details the anticipated deliverables under the EFC Partnership for 2018 — 2019 and follows the guiding principles in the MOU (see Section 3 of the MOU). It has refined priority community plans and projects using Attachment 1 to the MOU as a guidepost. More specifically, this Work Plan addresses each of the following for proposed EFC Partnership projects and plans: • Brief project/plan description; • Project objective; • Anticipated resources needed from Louisville, Xcel Energy and any partners (note that "partners" is used in a general sense and does not imply actual legal partnerships or arrangements absent such a separate, written agreement); • Process maps, as needed; • Funding source(s); • Anticipated timelines; • Measurement metrics, including what data may be needed; and • Any other information deemed necessary by the Parties including coordination with, and approvals from, the Colorado Public Utilities Commission ("PUC"), as applicable. In prioritizing the items to be performed in this Work Plan, the Parties have considered their shared vision in the MOU as well as regulatory requirements in Colorado. Recognizing the new nature of the EFC Partnership, the Parties are focused on building a track record and gaining greater experience on this broad collaboration. In light of this, 1