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HomeMy WebLinkAbout2011-10-03 RMLD Power and Rate Committee MinutesReading Municipal Light Department (RMLD) Board of Commissioners Power & Rate Committee Regular Session Minutes RECEIVED October 3, 2011 TOWN CLERK Start Time: 6:30 p.m. READING. MASS. End Time: 9:00 P.M. 1011 JAN - 3 P 12-- 3 1 Attendees: Committee Members: Messrs. Hahn and Soli and Ms. Snyder RMLD Staff: Mr. Cameron, Ms. Parenteau, and Mr. Seldon Commissioners: Ms. O'Neill Chairman Hahn called the meeting to order at 6:30 p.m. Ms. Snyder made a motion seconded by Mr. Soli to go into Executive Session based on Chapter 164, Section 47D exemption from the public records and open meeting law requirements in certain circumstances, to discuss proposals from renewable energy projects ands return to Regular Session. Mr. Hahn, Aye; Ms. Snyder, Aye, Mr. Soli, Aye. Motion passed 3:0:0. The Power & Rate Committee re- entered Regular Session at 8:15 p.m. Sustainable Energy Policy Mr. Seldon stated that at the last meeting of the Power & Rate Committee on July 21, 2011, which was a joint meeting with the Policy Committee, the RMLD General Manager and staff were told to come back to the Power & Rate Committee with a draft policy addressing renewable energy acquisition. The RMLD has developed a draft Sustainable Energy Policy for the committee's review. Mr. Seldon went over the salient points of policy. Mr. Seldon pointed out that the Policy elements include reaching certain renewable energy portfolio levels at stated milestones, price levels of projects that would warrant consideration by the committee, and how to deal with Renewable Energy Certificates (RECs). Discussion followed. The sense of the committee was that the policy would need further discussion. Environmental Policy Ms. Parenteau gave an overview of the draft environmental policy the Staff developed and was presenting. At the last meeting of the Power & Rate Committee meeting the committee discussed the development of an Environmental Policy and asked staff to come up with a draft policy. Discussion followed. Chairman Hahn asked the General Manager and Staff to determine the cost of taking the actions included in the policy and bring them back to the committee. Net Metering Rate Mr. Cameron explained that the RMLD had brought a draft Net Metering Rate to the committee in July and was asked to make changes to the rate, have counsel review the rate, and bring it back to the committee for further review. Chairman Hahn asked about the metering scheme described in the rate. Discussion followed. Mr. Cameron thought it would be best if he sent a schematic and explanation of the net metering scheme to the committee. Chairman Hahn said that would be helpful in understanding how the net metering works. Power & Rate Committee Regular Session Minutes October 3, 2011 Other Business Chairman Hahn acjcnowledged that the RMLD Board of Commissioners had received a few a -mails from 'Cusio4ers asking about 0% loans to finance energy efficiency measures. Mr. Cameron said that he would get background on this and bring it back to the Board for discussion. Motion to Adjourn At 9:00 p.m. Mr. Soli made a motion seconded by Ms. Snyder to adjourn. Motion carried 3:0:0. 2