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San Francisco CCA workshop: staff to issue RFI, commissioners press for market proof before bond financing

San Francisco Public Utilities Commission · August 8, 2006
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At a second SFPUC workshop the power enterprise outlined Community Choice Aggregation (CCA) objectives and a $5 million budget to develop an implementation plan. Staff will issue an RFI and RFP, but commissioners demanded clearer market tests and revenue assurances for any bond-backed financing before committing to large-scale rollout.

The Public Utilities Commission devoted substantial time to Community Choice Aggregation, a California-statutory model that would let the city procure generation and energy-efficiency services while PG&E continues transmission, distribution and billing.

Assistant General Manager for Power Barbara Hale said the commission's six objectives'reliability, greener supply, lowest net cost, local control, energy efficiency and self-sustaining operations'should guide CCA design. She outlined a proposed portfolio the city is considering and told the commission staff has included a $5,000,000 allocation in this year's budget to support further development of the program and an implementation plan.

Paul Fenn, executive director of Local Power, described the portfolio and risk…

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