Pasadena Water & Power

PWP 2015 IRP Update

Portfolio Scorecards

May 15, 2015

2015 PWP IRP - EXHIBIT 9

Pasadena Water & Power

Base Case Portfolio Scorecards: Financial (Fiscal Responsibility) Measures

2

60% GHG Reduction

(Preferred Portfolio)

$1,377

$101.1

$91.90

IPP 2025 Retirement

$1,419

$103.9

$94.06

Reduced IPP

Dispatch

$1,437

$104.9

$95.85

50% RPS by 2025

$1,477

$108.1

$98.57

70% RPS by 2030

$1,524

$112.2

$101.74

Carbon Neutral

$1,743

$129.2

$115.53

Total System Cost NPV ($Millions)

Avg. 20-Year Portfolio Cost ($Millions/Yr)

Levelized Direct Electric Cost 2015 ($/MWh)

2015 PWP IRP - EXHIBIT 9

Pasadena Water & Power

Base Case Portfolio Scorecards:

System Reliability Measures

3

60% GHG Reduction (Preferred Portfolio)

21%

9%

53

23%

5%

IPP 2025 Retirement

20%

9%

53

21%

5%

Reduced IPP

Dispatch

21%

9%

53

11%

6%

50% RPS by 2025

24%

9%

78

12%

6%

70% RPS by 2030

29%

9%

78

17%

5%

Carbon Neutral

29%

9%

78

7%

0%

Average Reserve

Margin (%)

Minimum Reserve

Margin (%)

Incremental FRAC from 2015 (MW)

20-Year Avg. Wholesale Sales (%)

20-Year Avg. Wholesale

Purchases (%)

2015 PWP IRP - EXHIBIT 9

Pasadena Water & Power

Base Case Portfolio Scorecards: Environmental Stewardship Measures

4

60% GHG Reduction

(Preferred Portfolio)

13,003

-64%

N/A

1,070

45,629

59,610

IPP 2025 Retirement

13,129

-64%

$110

1,014

40,581

62,763

Reduced IPP

Dispatch

9,416

-64%

$37

876

23,807

73,532

50% RPS by 2025

9,088

-68%

$56

837

23,757

67,857

70% RPS by 2030

8,783

-74%

$77

792

23,755

63,352

Carbon Neutral

5,838

-100%

$113

572

28,270

48,642

CO2 Emissions (thousand

metric tons)

2030 GHG Reduction from

2008 (%)

Realized GHG Emission Cost ($/metric ton)

20 year AvgGHG Intensity

(lbs/MWh)

Coal Burned (thousand

tons)

Natural Gas Burned (Gbtu)

2015 PWP IRP - EXHIBIT 9