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Treasurer reports $308.7M YTD net revenue, $58M net position and strong liquidity for San Diego Community Power
Summary
Treasurer Eric Washington reported year-to-date net revenue of $308.7 million (about $9.3 million below budget), a net position of $58 million, total liquidity of roughly $439.9 million and 159 days cash on hand versus a 180-day reserve target.
Dr. Eric Washington, chief financial officer and treasurer of San Diego Community Power, presented the treasurer’s report for the period ending Aug. 31, 2025, reporting year-to-date net revenue of $308,700,000 compared with the budgeted $318,000,000. Washington attributed the revenue variance primarily to lower customer demand resulting from cooler-than-expected temperatures and…
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