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Committee forwards retroactive Clean Power SF purchase agreement with PG&E to meet state resource adequacy rules

Budget and Finance Committee · October 30, 2019
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

The committee recommended approval of a retroactive three-year resource‑adequacy purchase from PG&E (roughly $11.1 million over three years) to meet California PUC requirements; SFPUC staff warned of significant fines if the city lacked contracted capacity and described ongoing longer-term procurement and a central‑buyer proposal to the CPUC.

The Budget and Finance Committee voted to forward to the full Board with a positive recommendation a retroactive contract between Clean Power SF and PG&E for resource adequacy capacity intended to meet state requirements.

An SFPUC representative explained that Clean Power SF serves about 380,000 customers and offers two default product tiers; under recent CPUC changes load‑serving entities must procure resource adequacy…

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