Taunton Municipal Lighting Plant

REQUEST FOR PROPOSAL (RFP) NO. RFP08-01

Renewable Electric Power Resource

Pre-Proposal Conference

August 14, 2008

Agenda• Welcome • TMLP – Background • TMLP – Power Portfolio overview • TMLP – Transmission & Distribution system overview • Renewable Resource RFP08-01 – Overview & Revised

Schedule • RFP/Public Power/Commonwealth – Legal

considerations • Review of Questions & Answers to date • Open for Additional Questions

TMLP Sources of Energy

TMLP Long-Term Portfolio

TMLP Peak Day Load Profile

TMLP Average Summer Day Profile

TMLP Average Winter Day Profile

Key Proposal Requirements

• Must include all Green tags (may add proposal with break out)

• Renewable based on Commonwealth of Mass definitions

• Deposit of $3/kw

• Agreement durations from 1 year to life of unit

• Preference for PPA with Buyout option

Key Proposal Requirements (continued)

• Allow new and existing renewables resource projects

• Preference for projects developed in TMLP’s service territory

• Pricing must not be indexed to energy markets

• Minimum project size of 1 MW

• Delivery within TMLP service territory or interconnection to

ISO-NE transmission system

Qualifying Renewable Resources

• Solar (photovoltaic or thermal)• Wind• Ocean (thermal, wave, or tidal)• Fuel cells (using renewable fuels)• Landfill gas• Hydro (naturally flowing water and hydroelectric)• Low-emission, advanced biomass power conversion• Geothermal• Other renewables acceptable to TMLP

Other Renewable Resources?

RFP Schedule (As Revised)

• Issuance of RFP July 21, 2008• Pre-Proposal Conference August 14, 2008, 9:00 am• Last Date for Questions to be submitted November 3, 2008• Last Date to Post Answers to Questions November 17, 2008• RFP Proposal Submittal Date December 1, 2008, 2:00 pm• RFP Evaluation Period 8 weeks• Issue RFP Results/Short-List January 28, 2009• Start Negotiations with Short-Listed February 4, 2009• Expiration of RFP December 1, 2009

Inquiries & TMLP’s RFP08-01 Website

• All inquiries should be submitted via email to renewables@tmlp.com and have the words have “RFP08-01 Renewable Electric Power Resource” in the subject field.

• TMLP’s RFP08-01 website is located at http://personal.tmlp.com/tmlpesp/RFP08-01-renewable-resource/

• For the Latest Notices see the file “_LATEST NOTICES.doc” at TMLP’s RFP08-01 website.

• Questions, Answers, and RFP08-01 Amendments will be posted at TMLP’s RFP08-01 website.

Requirements for Proposal

• One original and one (1) copy plus

• Two complete electronic copies on CD-ROM

•Use the same titling and numbering schemes as used in the RFP08-01

• See RFP08-01 for additional details required

Major Proposal Sections

• 1. Letter of Transmittal• 2. Table of Contents• 3. Technical Proposal Form• 4. Technical and Ownership Descriptions• 5. Resource Supply• 6. Operation and Maintenance

Major Proposal Sections (continued)

• 7. Project Schedule• 8. Financing Plan• 9. Project Team Qualifications and Experience• 10. Proposal Security• 11. Compensation: Energy & Project Costs• 12. Job Opportunities and Job Training

Proposal Evaluation Process

• TMLP Evaluation/Selection Committee• Responsiveness of Proposal to RFP Requirements • Technical Evaluation• Commercial Evaluation• Economic Evaluation• Successful Composite Evaluation May Short List

Legal Considerations & PPA

• Public Power Regulation

• Green tags applicability

• Purchase Power Agreement Basis

Questions of Common Interest• 1. Please confirm the RFP is asking for 260,000 MWhs (or 260

GWhs) of renewable energy, which depending on the resource is roughly 200MWs of installed renewable energy generation.

• 2. Are you seeking energy, and Renewable Energy Credits (RECS) or just energy?

• 3. Will you accept the generator bus as the delivery point for the energy if it is a ISO-NE project?

• 4. Will you accept the NE proxy bus, (Roseton) for projects located in the NYISO?

• 5. Do you have a schedule of annual purchase quantities?• 6. Are you looking for projects that will be in Commercial

Operation before December 2009?

Responses will be posted at TMLP’s RFP08-01 website:http://personal.tmlp.com/tmlpesp/RFP08-01-renewable-resource/

Q&A

Questions?

Thank You for Your Attendance