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Committee backs increasing SFPUC power‑sales cap and forwarding Yosemite watershed MOA

Budget and Finance Committee, Board of Supervisors, City and County of San Francisco · February 28, 2024

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Summary

The committee advanced two SFPUC items: raising the delegated annual power‑sales revenue cap from $10M to $20M to enable timely market transactions amid high wholesale prices, and forwarding a ~ $40.96M, 4‑year memorandum of agreement with the National Park Service to fund watershed management in Yosemite and meet drinking‑water requirements.

The committee forwarded two Public Utilities Commission items to the full Board with positive recommendations.

Mike Himes, deputy assistant general manager for SFPUC Power, asked the committee to increase an administrative code annual revenue cap for delegated power‑sales authority from $10 million to $20 million through July 1,…

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