Monica Martinez, Principal NASUCA Mid Summer Meeting NEM Update & Overview Monica Martinez, Principal NASUCA Mid Summer Meeting

Ruben Strategy Group Experts on low income energy assistance advocacy, low income and senior rate design, and regulations and operations to support the limited income customer experience Provides strategy services on workforce development and supplier diversity Advises clients on market development, regional wholesale market design and tariffs, and positions taken in regulatory proceedings. Provides technical information and testimony to the media, Congress, state legislatures, and regulatory agencies Supports efforts related to grid technologies and smart cities

Why we’re rethinking how we’ve done it The Importance of Oil & Natural Gas Out with the past Meter capabilities Data Focusing on attributes Greater awareness of design Technological advancement of DER

NEM Status Across the Country NEM or DER rates under review Compensation Revised NEM or DER rates under review June 2018

Equitable and Reasonable for All The Regulatory Challenge: Understand. Study and Review data. Employ basic ratemaking principles. In 2017, there was over $122 billion in capital expenditures – 50% of which was in T&D 35 m Households across the US are eligible for low income assistance; only 50% receive help EEI report 2020’s Grid edge technologies will hit a tipping point NEUAC data sheets World Economic Forum, March 2017 June 2018

Beyond NEM – the options out there Separate Rate Class Compensation Demand Charges Minimum Bill Buy/Sell Netting Periods June 2018

…Key Considerations The Design: Grid edge technologies are growing Technology Neutral Use known available measures Implement periodic reviews, as profiles may change Design based on value/attributes “In need” is limited or low income Protections for ONLY those in need Learn to improve Adopt Change & Study June 2018

Thanks! Monica Martinez, Principal monica@rubenstrategy.com