Enhancement of Pueblo of Acoma Utility Authority Presented
Enhancement of Pueblo of Acoma Utility Authority Presented by: Raymond Concho Jr. , 1 st Lieutenant Governor Arvind Patel, Utility Authority Director 1
Agenda • Background • Project Overview • Future Plans 2
Pueblo of Acoma • • One of nineteen Pueblos in New Mexico 5, 196 enrolled tribal members 2, 906 are on Acoma Tribal Lands Tribal Leadership is appointed annually by traditional leaders of the Pueblo. “Oldest continuously inhabited village in North America” 3
Location • • • 55 miles west of Albuquerque in west central NM 770, 000 acres of trust land, but the vast majority of this land is considered open range 5, 612 – 7068 ft. above sea level, high mountain desert Tribal Boundaries are contiguous, few checker board areas In the recent years the Pueblo has acquired lands adjacent to the current boundaries 4
Pueblo of Acoma Energy Acoma has been pursuing energy alternatives since 2006 Participatory Establishment Strategic Energy of the Utility Planning Session Authority Report 2006 2010 Acoma Natural Gas Connectivity Study and Deployment Assessment 2011 2012 Strategic Energy Plan and Sports Complex Solar Project (DOE EERE) 2013 Preliminary Feasibility Study Wind/Solar/Natural Gas (YESCO) 2014 Electric Utility Business Plan 2016 Market Evaluation Options Analysis (2016 WAPA) Electric Utility Start Strategic Energy Planning – Sandia Labs & DOE 2017 Exercise Option to Acquire Electrical System 2018 2020 Implementing Electric Utility Formation – Wholesale Power, PNM connection, Substation/D Line, Regulatory, etc. 5
Electrification In 2016, Acoma prioritized electric utility formation Why? Enhance Sovereignty Reinvest Utility Revenues Support Economic Development Pursue Renewable Power Control Energy Decisions Unique Opportunity to acquire infrastructure Protect & Control Natural Resources Expand on existing Utility Authority Manage Reliability Deliver Quality Service Create Jobs 6
Pueblo of Acoma Utility Authority 7
Pueblo of Acoma Electrification • Based on a settlement agreement in 2014, the Pueblo of Acoma has the ability to acquire the electrical facility from our local coop. • We are currently working with our local electrical coop on system separation issues: • Keeping both system whole • Safety • Reliability, including backup power • Operating agreements/coordination • Cost for equipment, materials and labor for separation • Purchase and Sales Agreement • Joint presentation to the NM PRC Acoma’s Average Retail Payment 12. 010. 6 Cents per k. Wh 10. 0 8. 0 6. 0 4. 0 Net Income Other Depreciation Admin & Customer Distribution 2. 0 0. 0 8
Acoma a Unique. Electrification Opportunity to Pueblo. Has of Acoma Expand POAUA to Include Electric • Wholesale Power Supply • RFP is out • PNM Agreements • Facility Study • NITSA • NOA • FERC and other regulatory registration and certification • Sub-station build • Build a new 115 k. V to 24. 4/14. 9 k. V sub-station • Distribution improvements • 9 miles of 24. 4/14. 9 k. V distribution line • System protection and metering at 8 severance points 9
Project Overview Develop Structure • • Develop People Develop Operations and Maintenance Plan Focus on reliability Manage and prioritize investments in system improvements Five-year Utility Strategy What activities should be prioritized? Transition to internal O&M Position utility to support economic development goals 10
Acoma Has a Funding Unique Opportunity to Expand POAUA to Include Electric Early Stage Equity Financing POA Capacity and Organizational Development Working Capital Loan ABE • Due Diligence - $575, 000 • Capitalized Costs - $4, 700, 000 • Non Capitalized Costs - $500, 000 Engineering, Construction and other cap costs Overall Project Cost for Establishment of the Acoma Electric Utility - $5. 8 Million 11
Future Plans Renewable Generation, Natural Gas & Community Wide Broadband Deployment 12
Acoma. Project Has a Unique Opportunity to Stakeholders Expand POAUA to Include Electric Pueblo of Acoma Tribal Council, Governor’s Office and the Utility Authority Board 13
Thank You! Contact Information: Raymond J. Concho Jr. 1 st Lt. Governor 1 st_lt@puebloofacoma. org Arvind Patel, Utility Authority Director apatel@puebloofacoma. org 14
- Slides: 14