[{"_1":2,"_111":-5,"_112":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87,99],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":56,"_74":56},"mediaId",6304287,"mediaKeyId","2466490-06f09026cf9f206f07196b5e1fccecb8","parentId",2466490,"title","Community Advisory Committee presents quarterly report; highlights transparency, pilot feedback and vacancies","audioSeconds",217,"startMs",456000,"endMs",673000,"viewUrl","/Search/View?dp=1&key=2466490-06f09026cf9f206f07196b5e1fccecb8&start=456&end=673","thumbnailUrl","https://assets.pipeline.soar.com/2466490-06f09026cf9f206f07196b5e1fccecb8/thumbnail_456000.jpg","articleUrl","/articles/6304287/California/Community-Advisory-Committee-presents-quarterly-report-highlights-transparency-pilot-feedback-and-vacancies","mediaUrl","https://secure.pipeline.soar.com/6304287-6a2ef126a7c9675749fe05e877c36086/orig.mp4?Expires=1770445424&Signature=XWQNRbdNKbrlqUtAXIqt55rshGCYszMKP3tJ-mKJirogWyVJA4sy7CS485Rr4h9UcygxuQrrg4URoOk8ajSxQ-kISZIknDOSRxzxasDTH1670iUxmZMzE9SJRCewnqKyYPHCxxWkJXe~buj1DSbH-FfGblSYoT6g4wRCO~QtXzuQFIUNR~VcnKWlUi9tG1f9LO6fIlCLWnNqVxZQRC9lOn-K~uP-Oy-Itxq02cuTYThD~CtEPLXfnhTWVR8UekKHw9~eD8TYty19YrE5x~mKioPauSDGgIYcoTaeT7Xb9~Rx8bLWQ9PgWoS6W7J0lLHZngVriwCXWmU38h6nw9V9TA__&Key-Pair-Id=KUT5TJCACFTXG","author","","date","2025-02-28T17:20:01Z","article","The Community Advisory Committee (CAC) reported to the San Diego Community Power board on Feb. 27 about activities from October 2024 through January 2025, emphasizing advisory support for programs, training and regulatory monitoring.

Matthew Vasilakis, CAC chair, told the board the committee provides monthly updates to staff and quarterly reports to the board, advises on strategic direction and ensures equity is integrated into decision‑making. The CAC reviewed five organizational highlights, customer operations metrics, solar battery savings reenrollment data, a flex load strategy pilot and the agency’s strategic planning process; members recommended staff account for a changing federal regulatory environment.

The CAC voted to recommend an allocation of Pacific Gas and Electric GHG attributes from the Diablo Canyon nuclear facility, and members discussed transparency about the energy content customers receive while advocating energy affordability. The committee also formed an ad hoc subcommittee to draft its 2025 work plan and received trainings on ethics, the Ralph and Brown Acts (open meetings), and program overviews.

Vasilakis noted vacancies in CAC representation for Chula Vista (open since March 2024) and La Mesa (open since December), with additional upcoming vacancies reported for member agencies later in the fiscal year. He said the CAC will next meet on March 13 and will provide a full report later in the spring.","mediaType","Video","parentTitle","February 27, 2025 - SDCP Board of Directors Meeting","oneSentenceSummary","Matthew Vasilakis, chair of the Community Advisory Committee, delivered the committee’s quarterly report covering October 2024–January 2025, noting CAC involvement in transparency measures, customer programs (including solar battery savings), regulatory monitoring and vacancies for certain member seats.","taxTitle","San Diego Community Power, San Diego County, California","taxId",58530,"location","California","headline","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":72,"_73":56,"_74":56},6304292,"CEO presents San Diego Community Power’s draft strategic goals for 2026–2028; board to consider adoption in March",431,2719000,3150000,"/Search/View?dp=1&key=2466490-06f09026cf9f206f07196b5e1fccecb8&start=2719&end=3150","https://assets.pipeline.soar.com/2466490-06f09026cf9f206f07196b5e1fccecb8/thumbnail_2719000.jpg","/articles/6304292/California/CEO-presents-San-Diego-Community-Powers-draft-strategic-goals-for-20262028-board-to-consider-adoption-in-March","https://secure.pipeline.soar.com/6304292-565990217b61063c06a1ae7e0731278e/orig.mp4?Expires=1770445424&Signature=dH4ySyk-d1tdvGAZHF6guW4tFpXBmBANFNpIdu3LxKaHSqHvytYbTmktZN9fJFuTcM6qjfekJ6HnTDIYI2vZA5~fHlR4m3DffTdlJFIyqVY09NG2BQj9ZTze8bg4rSXGw0T-TuDPRrrYhgrwtq6tY65WLK~yms~bJhXB7bSDbzsWwOUKxJlabSqJtPOMD03r9NgbhBCDBQB3kes6XpLFHFWqzmxAKK0T-MH7LQBkDJwueyHTc-TJMubhOkIa~DpA4HK-UaBUt8ymkCLSCOuBxgdTxJhRy3~ZRQZI9AxxoPDTetdGHl1uPw4QBnlOv-39hnge6zjY6JBd2h5aQoUvnA__&Key-Pair-Id=KUT5TJCACFTXG","San Diego Community Power Chief Executive Officer Karen Burns presented a draft set of strategic goals for the fiscal 2026–2028 planning period at the Feb. 27 board meeting, asking the board for feedback and setting a schedule to return with a final plan for approval on March 27.

Burns said the planning process began in September 2024 and that the agency’s mission, vision and values remain unchanged. The draft goals prioritize fiscal sustainability (including reaching at least 180 days cash on hand and a rate stabilization reserve), customer affordability and competitiveness, infrastructure and local capacity (a target to support 1 GW of clean energy capacity by 2035 with interim 75% by 2027 and 85% by 2030 renewable targets), and workforce and organizational development.

Specific program and procurement goals in the draft include executing multiple prepayment financing transactions (Burns said the agency aims to \"execute at least 6 of these transactions over this period for annual savings of roughly 30,000,000\"), pursuing a published credit rating by the end of 2027, supporting 150 MW of local distributed capacity and expanding the solar battery savings program and regional energy network (REN) programs.

Burns said the legislative and regulatory team will bring updates to the board in April and that staff will present the final strategic goals for board approval on March 27 after soliciting Community Advisory Committee input on March 13. Board members praised staff work and expressed support for the planning approach; the board received the presentation as a file for further action in March.","CEO Karen Burns presented draft three‑year strategic goals emphasizing fiscal sustainability, customer affordability, local capacity and people; the board received the file and staff will return with a final plan after CAC input and internal revisions.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":72,"_73":56,"_74":56},6304298,"Presentation: prepayment financing can lower Community Power energy costs, advisor tells board",835,857000,1692000,"/Search/View?dp=1&key=2466490-06f09026cf9f206f07196b5e1fccecb8&start=857&end=1692","https://assets.pipeline.soar.com/2466490-06f09026cf9f206f07196b5e1fccecb8/thumbnail_857000.jpg","/articles/6304298/California/Presentation-prepayment-financing-can-lower-Community-Power-energy-costs-advisor-tells-board","https://secure.pipeline.soar.com/6304298-9dc901b4aae938fdd41ed10f3436b9ab/orig.mp4?Expires=1770445424&Signature=j4lasKuin3ysnAVRraymt58C4UTm3ptHp8Oi0CXJqS5cINs8Y~tbOTiHyId1O9KqRzrVXCZAXfSahGn45AvFW1TwYUGupg0tc2~As0AP8qFIoxB8n10wk91UPV2CsZF8ehPums2w62B2RKgoK6aSQhW04qAkoj0q6QYajAdKuTH36j-QcAGPyisn0EUXzg1NTKnPOwEuFXkzezaJsi50Jv1nusVEE0cp~4gtzJqQpzaiowwwWL4f83pvMBf8w7u1pNordv1mCg~spue3MXs5VtgmvINwbuBy7bI1iulLqtiM7hqExiDY0~TG6W1t8h85ACulV4uOwl22bHaDpGOo0w__&Key-Pair-Id=KUT5TJCACFTXG","San Diego Community Power staff and a municipal advisor presented a primer on clean energy prepayment financing at the board’s Feb. 27 meeting, describing how tax‑exempt bond proceeds issued by a conduit issuer can prepay portions of existing power purchase agreements to reduce ongoing PPA costs.

Chief Financial Officer Eric Washington introduced Mike Berwanger of EFM Financial Advisors, who described the mechanism and early results from the agency’s first transaction. Berwanger said the CCA community has completed several prepaid transactions since 2021 and that Community Power executed its first transaction in November, assigning 4 million megawatt‑hours into a 30‑year structure that produced projected cash‑flow savings of more than $50 million and an approximate annual reduction of $6.8 million on the assigned contracts.

Berwanger explained the structure: Community Power retains the physical rights and responsibilities for the energy under its PPAs while the bank and conduit issuer (CCCFA) facilitate issuance of nonrecourse tax‑exempt bonds; proceeds are used to prepay counterparties, producing a lower effective price for the agency. He emphasized the nonrecourse nature of the bonds — they are not the agency’s debt — and that termination of a transaction would generally return the agency to prior contract economics rather than create new obligations for the agency.

Board members had no public comment and offered thanks for the briefing. The board treated the presentation as a receiving file.","EFM Financial Advisors explained how prepayment financing lets San Diego Community Power use tax‑exempt bond proceeds to prepay long‑term power contracts, producing multi‑million dollar projected savings; the board received the file and asked no public questions.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_47":105,"_49":106,"_51":107,"_53":108,"_55":56,"_57":58,"_59":109,"_61":62,"_63":64,"_65":110,"_67":68,"_69":70,"_71":72,"_73":56,"_74":56},6304302,"San Diego Community Power board adopts budget amendment, appoints FRMC member and approves multiple energy storage contracts",775,1892000,2667000,"/Search/View?dp=1&key=2466490-06f09026cf9f206f07196b5e1fccecb8&start=1892&end=2667","https://assets.pipeline.soar.com/2466490-06f09026cf9f206f07196b5e1fccecb8/thumbnail_1892000.jpg","/articles/6304302/California/San-Diego-Community-Power-board-adopts-budget-amendment-appoints-FRMC-member-and-approves-multiple-energy-storage-contracts","https://secure.pipeline.soar.com/6304302-585691140336e2433f48f962a25e7518/orig.mp4?Expires=1770445424&Signature=UF0oz4VnZ37l5tfCyvCF~-oOHvOsFANUauTxFyEBViWLGtxfPtjkhf10xXMdGIQH2dBwjU2EZK4VakNAXIIcb-iKbdEORtZd6JO-BwotflAQIgs6aub-chtrzb6UUUhN~nBsPo~wAc8-n3wZGYTqqMyirV3KOzrCmmI4g10CInTqTU8tTMWtRS54~PJa1jvSHGd9XTi7FuHYqPUjTS~RtQjz9khKo5hqWXjH7ZF9dX2DZB1AyChj9aqRZ2HQAk9-SsLrRZFKi7rf1rujPxHUJYlWhqS0qv9T5S9btCkVNPqpZJozddQ6-BpR5VNiV3J3rTycG03BDnCEkSMXmfv-pw__&Key-Pair-Id=KUT5TJCACFTXG","San Diego Community Power’s board of directors on Feb. 27 approved several measures aimed at shoring up finances and expanding the agency’s energy storage portfolio, including a midyear operating- and capital‑budget amendment, adoption of a presiding‑officer policy, appointment to the Finance and Risk Management Committee and approvals of multiple battery energy storage agreements.

The board adopted an amended FY 2024–25 operating budget and FY 2024–25 capital budget and the FY 2025–29 capital investment plan to reflect higher energy costs, principally resource adequacy and renewable pricing, and to fund local programs. Director Timothy Manquemont, director of finance (presenter), said the amendment increases revenue appropriations by about $43.3 million and expenses by roughly $43.2 million, producing only $200,000 of net income change and preserving a near‑zero net amendment.

Board members said staff made focused reductions in non‑energy costs to offset energy price pressure. Director Yamani praised staff diligence in finding savings and recommended approval. The board approved the amendment by roll call vote.

The board also unanimously adopted Resolution No. 2025‑02 establishing a designation of presiding officer policy to identify who will preside at board or committee meetings when the chair and vice chair are absent. General Counsel Vera Tiaghi told the board the policy prioritizes the member with the longest tenure, with alternative appointment by the chair or the CEO when tenure is unclear.

In other formal actions, the board appointed Director Michael Nzunza to the Finance and Risk Management Committee and authorized several energy storage agreements:
- Amendment and restatement of an energy storage services agreement with USMOD Project I LLC to convert a previously contracted 200‑megawatt 4‑hour system to an 8‑hour system and extend the term to 20 years; the project remains in Kern County and keeps a June 1, 2028 guaranteed commercial operation date.
- Approval of an energy storage services agreement with North Johnson Energy Center LLC for a 50‑megawatt, 4‑hour battery system in El Cajon with a 15‑year term and projected online date in mid‑2026.
- Approval of a portfolio agreement with Lumenia CalDevCo 5 LLC for five distributed 4‑hour battery sites (total 20.6 MW) in San Diego County, each on secured commercial/industrial parcels, under a 20‑year framework including site substitution provisions during development.

Board members emphasized reliability and local benefits. Kenny Key, director of power contracts, said the amended 200‑MW project was shifted to 8 hours to help meet midterm long‑duration storage obligations and that the developer committed $100,000 to a community benefit fund for local programs. Morgan Adams, senior local development manager, said the Lumenia portfolio is expected to provide local wages, prevailing‑wage commitments and up to about $2.9 million in property tax revenue over the projects’ lives.

Votes at a glance
- Resolution No. 2025‑02, designation of presiding officer policy — motion moved by Director Yamani, seconded by Director Nzunza; outcome: approved (roll call: yes votes recorded in transcript).
- Appointment of Director Michael Nzunza to the Finance and Risk Management Committee — motion moved and seconded; outcome: approved (roll call: ayes recorded).
- FY 2024–25 operating budget amendment / FY 2024–25 capital budget and FY 2025–29 CIP — motion moved by Chair Aguirre; outcome: approved (roll call: ayes recorded).
- Amended and restated energy storage agreement with USMOD Project I LLC (200 MW, 8‑hour, 20‑year) — motion moved by Director Yamani, seconded; outcome: approved (roll call: ayes recorded).
- Energy storage agreement with North Johnson Energy Center LLC (50 MW, 4‑hour, 15‑year) — motion moved by Director Yamani, seconded by Director Nzunza; outcome: approved (roll call: ayes recorded).
- Energy storage agreements and framework with Lumenia CalDevCo 5 LLC (up to 20.6 MW distributed, 20‑year) — motion approved and seconded; outcome: approved (roll call: ayes recorded).

Board members pushed staff for assurances about safety and permitting. Kenny Key and project presenters described multilevel safety plans, 24/7 monitoring, containerized designs and coordination with local fire agencies; presenters said the El Cajon project had already received the local conditional use permit. Several directors noted the projects create construction and permanent jobs and expected local community benefits.

The board’s approvals advance Community Power’s short‑term reliability obligations and give staff tools to pursue midterm resource adequacy and local capacity goals while maintaining a focus on affordability and reserve targets.","At its Feb. 27 meeting, San Diego Community Power’s board approved a midyear budget amendment, adopted a presiding‑officer policy, appointed a finance committee member and approved three energy storage contracts and a distributed storage portfolio, actions the agency says will support reliability and customer affordability.","actionData","errors"]

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