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Clean Power SF reports steady enrollment, readies procurement and regulatory engagement

San Francisco Public Utilities Commission · September 26, 2017

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Summary

Clean Power SF reported roughly 82,000 enrolled accounts with a 3.3% opt‑out rate and outlined upcoming procurements and regulatory work, including renewable and shaped energy solicitations and collaboration on CPUC proceedings affecting CCAs.

Michael Himes, director of Clean Power SF, briefed commissioners Sept. 26 on enrollment and contracting for the city's community choice aggregation program.

Himes said the program has enrolled about 82,000 accounts within the city and county, with a steady opt‑out rate of 3.3 percent and a super‑green upgrade rate near 3.7 percent. Staff are preparing to enroll roughly 5,000 additional accounts in October and described a further enrollment slated for January.

To support program expansion, Himes said the PUC issued three solicitations: a renewable energy request for offers, a shaped energy RFO, and a bank credit request for proposals. Staff posted a shortlist of renewable projects able to begin delivering energy in the 2018–2021 window and have begun contract discussions with shortlisted bidders; Himes said the agency expects to bring new contracts for approval by year end.

Himes also noted the PUC awarded a standby‑letter‑of‑credit provider via an asset financing RFP to JPMorgan and confirmed staff began discussions with JPMorgan on credit support. On the regulatory front he said bills cited in CCA debates (referred to as AB 726, AB 813 and SB 100 in the presentation) were placed on a two‑year track, and he highlighted two CPUC proceedings the agency is tracking: reforms to the power charge and the CCA bond/security proceeding that sets required security levels for CCAs; hearings on the latter were scheduled for mid‑October with a potential CPUC decision in the first quarter of next year.

Himes invited commissioners to ask questions; none were raised during the meeting.