1. Green Solutions for NC’s Electric Co-ops CERT Conference - Sustainable Energy Alternatives and their Impact on Low Income Citizens March 19, 2009

2. Today’s Topics  NC’s electric cooperatives  GreenCo Solutions  NC REPS Requirements  GreenCo Energy Efficiency Programs  GreenCo Renewable Energy Projects  How do these activities: Help low-income households Have the potential to create green jobs

4. Housing Survey Data for NC electric cooperative members Type o 68% Single Family o 26% Manufactured o 6% Other Location o 71% Rural o 12% Farms o 15% City/Town Age o 24% Pre 1970 o 17% 1970s o 19% 1980s o 26% 1990s o 14% 2000s

5. Age of Home by Income

6. Monthly Bill by Income

7. GreenCo Solutions Created by 23 NC electric cooperatives Help co-ops meet energy efficiency & renewable energy goals and comply with state REPS

8. REPS Requirements

9. Renewable Energy and Energy Efficiency Portfolio Standard (REPS)  Standards applicable to retail providers IOUs, cooperatives, municipalities  Schedule of cooperative and municipalities standards 2012—3% of 2011 NC retail sales 2015—6% of 2014 NC retail sales 2018—10% of 2017 NC retail sales  IOUs 2021—12.5% of NC retail sales

10. Meeting the Standards  Generate at a new renewable energy facility “New” means in service after 1-1-2007  Reduce consumption Energy efficiency  Purchase from a hydroelectric power facility Subject to a 30% limitation

11. Meeting the Standards (cont’d.)  Purchase RECs from in-state or out-of- state renewable facilities Subject to 25% limitation from out-of-state facilities  Three technologies identified as set- asides Solar, poultry, swine

12. Renewable Energy Resources  Solar (PV or solar thermal)  Wind  Hydro (new facilities less than 10 MW)  Current or wave energy  Geothermal  Biomass Agricultural Animal Wood  Landfill gas

13. GreenCo Strategy to Meet REPS Requirements  Incorporate both renewable resources and energy efficiency  Consider impact on rates  Renewable Resources Set-Asides Both large and small scale projects  Energy Efficiency Evaluation of potential programs Pilot studies Program implementation

14. Market Research 2008 NATIONAL SURVEY ON THE COOPERATIVE DIFFERENCE

17. Energy Efficiency

18. EE Program Evaluation  GDS Associates evaluated potential for EE programs in NC  Over 45 residential and commercial programs identified by GDS study  NC Co-op market for EE  Cost effectiveness  Implementation costs

19. Energy Efficiency Programs  Energy Star Lighting (CFLs) *  Water Heater Retrofit *  Community Efficiency Campaign *  Power Cost Monitor *  Energy Star Appliances  Energy Star New Construction  Agriculture and Commercial EE  Web-Based EE Store * * Pilot Projects

20. Energy Star Lighting Desired Outcome: Encourage large numbers of consumers to install CFLs in their homes and businesses.

21. Pee Dee EMC Agricultural Lighting

22. Water Heater Efficiency

23. Community Efficiency Campaign  Research shows ~75% of potential weatherization energy savings from sealing HVAC ducts and attics  Identify likely neighborhoods  Community contractor training  Three Co-ops are piloting  Pilots end 3-31-09

24. Renewable Energy Projects

25. Residential Solar Water Heating

26. Edgecombe-Martin County EMC QVC Solar Farm

27. Piedmont EMC Concentrating Solar

28. South River EMC Hamlin Solar Thin Film

29. Story County, Iowa Utility-Scale Wind Farm

30. Blue Ridge EMC Sharpes Falls Dam

31. Summary

32. Thank you for your time Valerie Everette Woods Technical Marketing Specialist GreenCo Solutions www.greencosolutions.net valerie.woods@ncemcs.com 919-645-2223