[{"_1":2,"_99":-5,"_100":-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],{"_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",6199542,"mediaKeyId","3825470-8a04d67a35ca308cbb03d8209e36fe11","parentId",3825470,"title","San Diego Community Power presents draft FY 2025–26 operating and capital budgets; staff project net income and authorize program investments","audioSeconds",1642,"startMs",3456000,"endMs",5098000,"viewUrl","/Search/View?dp=1&key=3825470-8a04d67a35ca308cbb03d8209e36fe11&start=3456&end=5098","thumbnailUrl","https://assets.pipeline.soar.com/3825470-8a04d67a35ca308cbb03d8209e36fe11/thumbnail_3456000.jpg","articleUrl","/articles/6199542/California/San-Diego-Community-Power-presents-draft-FY-202526-operating-and-capital-budgets-staff-project-net-income-and-authorize-program-investments","mediaUrl","https://secure.pipeline.soar.com/6199542-978c42dba6e7006f2ad95934fd52f404/orig.mp4?Expires=1775370419&Signature=ntROcuZO3ctuMIQto3-GIeM1AnibbzzM3BtPhFngDuDvPa~iB9dWxoiF-t2mocQDfLeX7yllYMlI-SdzMUeEPuhK-h0bcgJmSJSKyf8MmO6i752FWwupsKFUWR0mnCZjX1D0Vj797Qh2MmXvc93mshgc0QNi2EEAKOAB-s0auHam9Zw0~wyD-a~J1Ow2Vc5DJZyPTtUCUxSIAX~AcGzu9XoicwwWc2pf7o4IRjKPTuEVACicQhOB1CdmE0UAyNuzZKgtOuH6BpyFpde9IXGZm7LUVzwzi2lyD8Faw6yScrNuftPf6oJ0jeWaQrpGd3K0LQuWnT5yIWGE8MbmM3zcCQ__&Key-Pair-Id=KUT5TJCACFTXG","author","","date","2025-06-13T17:17:00Z","article","San Diego Community Power staff presented their proposed fiscal year 2025–26 operating budget, the fiscal year 2025–26 capital budget and the capital improvement plan through 2030 to the Community Advisory Committee on June 12, 2025. Staff described priorities—affordability, program expansion, capital investment and organizational capacity—and answered committee questions about implementation, timing and external funding.

Jack Clark, chief operating officer, said the proposed budget is intended to \"shape a future that is both sustainable and equitable.\" Eric Washington, chief financial officer and treasurer, and departmental directors summarized highlights: projected net income, a capital transfer to the CIP, program investments such as a relaunch and expansion of the Solar + Battery Savings program, investments in a data platform and a proposed enterprise resource planning (ERP) system.

Key numbers and program notes included in the staff presentation:
- Projected net income for FY 2025–26: approximately $164,000,000 (staff projection presented during briefing).
- Organization reserve objective: reach a 180-day cash-on-hand target within the fiscal year.
- Capital transfer proposed from operating to CIP: $22,200,000 to fund programs and capital projects, including solar-plus-storage incentives and DRMS (distributed energy resource management system) development.
- Solar + Battery Savings program: staff proposed doubling investment for the relaunch; the program aims to support customer bills and provide resource adequacy benefits by aggregating behind-the-meter batteries (staff said the program target includes roughly 45 megawatts in distributed storage for the single-family program).
- Enterprise resource planning (ERP): staff said they are in scoping and procurement planning; they expect costs to be clarified via an RFP and estimated implementation cost is likely in the 'hundreds of thousands' range rather than multiple millions, with a phased implementation approach.

Staff explained that most near-term power costs were hedged and that, despite federal uncertainty discussed earlier in the meeting, SDCP expects downward movement in current market renewable prices will support affordability in the near term. Finance staff identified prepayment transactions and middle-office risk functions as priorities to manage energy-market volatility and to seek savings from tax-exempt financing strategies used previously.

The presentation also described staffing requests: additional positions for the middle-office risk function and program accounting support, new analysts in power services and a proposed communications associate to expand earned-media and community outreach capacity. Directors described grant-funded positions supporting programs such as the Solar Advantage and regional energy network (REN); staff said many program positions are funded by external grants and PUC awards, limiting budgetary pressure on the operating fund.

Committee members asked for follow-up reporting on pilot performance for the Solar + Battery Savings program (staff said full 12-month performance results would be available after all pilot installations complete), details on ERP procurement and costing, and clarifications on how program dollars translate to customer incentives. Staff said they will return with additional detail as the budget is refined and before the board takes final action.","mediaType","Video","parentTitle","June 12, 2025 - Community Advisory Committee Meeting","oneSentenceSummary","San Diego Community Power staff presented the proposed FY 2025–26 operating and capital budgets to the Community Advisory Committee on June 12, 2025, outlining investments in programs, organizational capacity and capital projects while projecting a positive net income and stronger reserves.","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},6199548,"San Diego Community Power hears federal tariff and tax-credit risks; staff say core portfolio largely shielded",1420,1100000,2520000,"/Search/View?dp=1&key=3825470-8a04d67a35ca308cbb03d8209e36fe11&start=1100&end=2520","https://assets.pipeline.soar.com/3825470-8a04d67a35ca308cbb03d8209e36fe11/thumbnail_1100000.jpg","/articles/6199548/California/San-Diego-Community-Power-hears-federal-tariff-and-tax-credit-risks-staff-say-core-portfolio-largely-shielded","https://secure.pipeline.soar.com/6199548-0141d281785891b5401bbf277418c7fb/orig.mp4?Expires=1775370419&Signature=mtLjHFFI7JBSDNMvILNWJdL2UYvVXGBiJKXgJgoIGuSkmKadFSOnDXcv7ywBLDBhuNP5-lnp9IYrIEe4TQyZ5M6TgqI4GD5HeA7JAoiVkv6YLd7BBE-o3jvi0JMy6XLVSV2dJuQk-9-rgwkBofaTKm6Ex1pYGo2WUfS0vvZV3BSjFtx3mmBNyaFYkRofXJwxzrfmNLhpBCcsGF2yh6q1MTYF21SR8nzyrrdu4arCyOAKJKiAad9Z-DtNISXwQIbiuBE-Q8mjcI-t2syd40pJgUTsMWvJD6SmIVmd3Syv2li5dIJsr-pgp5c5nGL8bAmnNrRJXvCPkN4DjURJBg7j2w__&Key-Pair-Id=KUT5TJCACFTXG","San Diego Community Power staff told the Community Advisory Committee on June 12, 2025 that federal policy proposals and recent tariff actions could reduce or end some clean-energy tax credits and raise equipment costs for renewable projects, potentially slowing future procurement and raising prices for projects not yet under construction.

Patrick Welch, SDCP associate director of legislative affairs, and Andrea (Andrea Torres), director of origination, briefed the committee on three areas: pending House legislation (referred to in the presentation as H.R. 1), alternative bills in the House (referred to as H.R. 3120/3191 in the presentation), and an evolving set of tariffs that have rapidly changed since January. Welch prefaced the briefing by saying, \"This is a snapshot in time. Everything is very uncertain,\" and urged the committee that the information represented directional rather than definitive outcomes.

Presenters described how H.R. 1, as passed by the U.S. House, would shorten and tighten the time window for utility-scale projects to claim investment tax credits by changing the standard from \"start of construction\" to \"placed in service,\" and imposing a hard deadline of Dec. 31, 2028, in the bill as presented to the Senate. The bill also contains a complex \"foreign entity of concern\" provision that would disqualify projects receiving certain component parts or material assistance from specified countries. Welch warned this could materially affect projects whose supply chains include parts sourced from China or other affected nations.

Torres described recent tariff volatility and legal developments: federal tariff rates on some goods briefly reached very high levels in April, then paused and were temporarily restrained by court activity. She noted, \"China remains a dominant supplier of raw materials utilized in solar equipment,\" but also that module supply has shifted to Southeast Asia and the U.S. to some extent. She added the battery supply chain remains more China-dependent, particularly for materials such as graphite and cobalt and for battery cells, which raises concern for energy-storage projects.

Staff said SDCP has already contracted a substantial portion of its renewable resources and that about two-thirds of renewable megawatt-hours under development have either commenced construction or have safe-harbored equipment, which reduces exposure to both tariff and tax-credit changes. Projects that are contracted but not under construction and those still in the pipeline are more exposed to changes in tax-credit eligibility and tariffs, according to staff.

Staff also noted an executive-branch permitting pause on Bureau of Land Management (BLM) land that affected at least one SDCP solar-plus-storage project in Nevada; that pause was later lifted and BLM resumed processing environmental reviews, but the delay required a contract amendment to extend a commercial operation date. Welch and Torres told the committee SDCP is continuing to monitor congressional activity, court rulings, tariff actions and permitting developments and is engaged with federal consultants and congressional staff.

No committee action was required; the item was presented for the committee's information and discussion.","Staff presented a special update on federal developments—House legislation, tariffs and executive orders—that could reduce clean-energy tax credits and raise equipment costs. Presenters said many SDCP contracts are already mitigated but earlier-stage projects and some battery storage remain at risk.",{"_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},6199552,"San Diego Community Power advisory panel elects David Harris chair; Montero Adams and Pike fill other posts",543,532000,1075000,"/Search/View?dp=1&key=3825470-8a04d67a35ca308cbb03d8209e36fe11&start=532&end=1075","https://assets.pipeline.soar.com/3825470-8a04d67a35ca308cbb03d8209e36fe11/thumbnail_532000.jpg","/articles/6199552/California/San-Diego-Community-Power-advisory-panel-elects-David-Harris-chair-Montero-Adams-and-Pike-fill-other-posts","https://secure.pipeline.soar.com/6199552-5b4422eb922878f1942954f0e1ab764f/orig.mp4?Expires=1775370419&Signature=PZoZPlEeTnbaibrZtkqDUMfeCv~nehaIKphXg-WgxrJADctxlln8QjkjdP8YucTBftuptbsWHvZKIOZJOj-1OzFadkyaPUYB0wI~X54LxESp6vV1IFTjkGbas7Fklqog3u6LllethKkN0Flhc3kk8m3x1n9Vx87emej7RHdgUkGwxKeHNvgnuWXW8yM-Ajd~goP7m6zfqx06vgLUGDmhgg-7dPfyjeawR7~kzeNnuUFi43QcwnD46ip0vwnRaJ6-6kRi8iX8YJ8bVd3x0lmDngax35WGF87nL9SpCc6COshQXYdJVQzHH2u5L0Iz3QpP0Mnut9wbLvsIY3cup7GiiQ__&Key-Pair-Id=KUT5TJCACFTXG","David Harris was elected chair of the San Diego Community Power Community Advisory Committee during the meeting June 12, 2025, after a nomination and roll-call vote by the committee.

The committee convened in the absence of Chair Matthew Vasilakis, who indicated he would not seek a third term, and vice chair Lawrence Emerson presided over the election. Committee member Gary Jones nominated David Harris for chair; Harris accepted the nomination, saying, \"I accept the nomination for chair.\" The committee then conducted a roll-call vote and the motion carried.

The committee next elected Luis Alejandro Montero Adams to serve as vice chair. Members nominated Montero Adams in his absence after a member said they had confirmed his consent; the committee carried the motion by roll call. Committee member Pike was nominated and elected secretary; Pike accepted the nomination.

All three officer elections followed the committee's stated process: nominations (including self-nominations), a required second for each nomination, and a vote by simple majority. The committee recorded the votes by roll call during the meeting.

No formal policy changes or program directives were adopted as a result of the elections. Committee members and staff said the newly elected officers will begin serving for the coming fiscal year, with terms of one year or until successors are elected, consistent with the committee's rules.","At its June 12, 2025 meeting the San Diego Community Power Community Advisory Committee elected David Harris as chair, Luis Alejandro Montero Adams as vice chair and Committee member Pike as secretary. The committee followed its rules for nominations and roll-call voting; the elections were uncontested and carried by a majority voice/roll call.","actionData","errors"]

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San Diego Community Power presents draft FY 2025–26 operating and capital budgets; staff project net income and authorize program investments

San Diego Community Power hears federal tariff and tax-credit risks; staff say core portfolio largely shielded

San Diego Community Power advisory panel elects David Harris chair; Montero Adams and Pike fill other posts