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Committee backs extension and expansion of SFPUC's delegated power procurement authority through 2030
Summary
The committee recommended approval of an ordinance to extend Section 21.43 of the Administrative Code through July 1, 2030, increase annual procurement caps and expand the scope of binding-arbitration authority for the San Francisco Public Utilities Commission's power enterprise.
The Budget and Finance Committee on Feb. 12 recommended that the full Board of Supervisors approve an ordinance extending and raising spending and revenue caps for the San Francisco Public Utilities Commission's (SFPUC) delegated authority to execute power purchase and sale contracts.
SFPUC witnesses and the administration said the measure extends Section 21.43 of the Administrative Code through July 1, 2030, increases the annual purchase expenditure cap from $200 million to $300 million, and raises the annual sales revenue cap from $20 million to $300 million.…
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