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Committee approves forwarding Clean Power SF's $100,000/year participation in California Community Power
Summary
The committee recommended that Clean Power SF be authorized to pay up to $100,000 per year (with a 5% escalator) for California Community Power general and administrative costs over 25 years to support joint procurement; analysts recommend approval and supervisors signed on as co-sponsors.
The Budget and Finance Committee voted Sept. 27 to forward to the Board of Supervisors a resolution authorizing Clean Power SF to pay its share of California Community Power's general and administrative costs, not to exceed $100,000 per year with a 5% annual escalator for 25 years.
Mike Himes, deputy manager in the power enterprise at SFPUC…
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