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HomeMy WebLinkAboutUtilities 2013-12-02 Item 2C - Handout Distributed at Meeting - Cascade Water AllianceCASCADE WATER ALLIANCE Cascade Water Alliance Presentation City of Tukwila City Council Utilities Committee December 2, 2013 CASCADE WATER ALLIANCE Topics • Major actions taken since last year • Changes to supply and demand forecasts • Changes to future water supply strategies and long -term rate impacts • 2014 rates • Changes to water efficiency (conservation programs) CASCADE WATER ALLIANCE Major Actions Taken Since Last Year • Seattle contract extension • Tacoma contract modification • Covington withdrawal • Auburn contract • Bonney Lake contract CASCADE WATER ALLIANCE Supply & Demand Forecasts f o CASCADE WATER ALLIANCE 54 52 50 48 46 44 42 40 38 36 34 Cascade Average Daily Demand (mgd) 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 --0— 2004 TS P Composite Projection — 2004 Financial Forecast —�— Actual Demand CASCADE WATER ALLIANCE Annual MGD 260 240 220 200 180 160 140 120 100 80 60 40 20 Shifting Water Demand Forecasts . tr 41' • • • • • • • ,9 • . r • • • r • •' �rrr� • s t ▪ • rr a rr -r .6 =er • • • • • • !a_- ,. r•r r� r•sa•. r '� 0 1940 1945 1950 1955 1960 1965 1970 1975 1980 1985 1930 1995 2000 205 2010 2015 2020 Actual Consumption 1967 SWD Forecast 1973 R18C0 Forecast 1980 Complan Forecast Medium 1980 Complan Forecast Medium -low 1985 Complan Forecast Medium 1993 WSP Forecast 1997 Revised Forecast 2001 WSP Forecast 2003 Official Forest 2007 W5 Forecast Current Forecast Seattle Public Utilities 4124/12 CASCADE Growth in Population & Water Consumption WATER ALLIANCE 210 180 — 150 8 120 2 a 90 60 -- 1975 1980 1985 Billed Consum ption 0 co z a 0 a 1995 2000 2005 CASCADE Cumulative Water Savings from Conservation WATER ALLIANCE 30 0 25 2 2 20 E a) 0 L 15 'E10 0 0 a) 5 L System Operation Improvements Conservation Programs • Rates +Code 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 CA CA E WATER ALLID ANCE Changes to Future Water Supply Strategy CASCADE Key Financial Metrics of Supply Scenarios Base Case: Develop Lake Tapps Supply Proposed Approach: Postpone Lake Tapps through Contract Extensions Need new supply source in 2024 as Seattle blocks begin to step down. Peak capacity drops 20 mgd in 2024; 10 mgd each 5 years thereafter Extends Cascade 30.3 mgd block; supplemental block stays at 3 mgd and also extends. Re -maps the ramp -down of supply blocks to smaller annual steps Capital Spending Requirements by Period (uninflated) 2013 -2025 Total 2013 -2055 $649 million $111 million $973 million Avg. Annual Rate Increase 2013— 2020 Avg.Annual Rate Increase 2013 — 2025 Avg. Annual Rate Increase 2013 - 2035 8.7% Forecast continues 7.9% to improve $1,062 million 5.2% Total Present Value of Cascade Member Costs' 2013 -2025 Total 2013 -2055 $595million $1,456 million $455 million $1,253 million p do 2114R t s 4 A n s dg d e ( it 2 C • h 'g ) Eff