City of Carlsbad | City of Del Mar | City of Escondido | City of Oceanside | City of San Marcos | City of Solana Beach | City of Vista Board of Directors Regular Meeting Agenda
September 26, 2024, 2:00 p.m.
City of Oceanside, Council Chamber
300 North Coast Hwy, Oceanside CA 92054
Members of the public can observe the livestream of the meeting via Zoom by clicking:
https://us06web.zoom.us/j/81376410530
or telephonically by dialing:
(253) 215-8782
Meeting ID: 813 7641 0530
Members of the public can provide public comment in writing or orally in person as follows:
Written Comments: If you are unable to participate in person and you wish to make a comment, you may submit written comments prior to and during the meeting via email to:
[email protected]. All written comments will be posted online and become part of the meeting record. To ensure announcement of receipt of your written comments during the meeting, please submit all written comments by 12:00 p.m. prior to the commencement of the meeting. Public comments received in writing will not be read aloud at the meeting.
Oral Comments: Members of the public can address the Board on items on the agenda at the time the item is being addressed or during Public Comments for topics that are not listed on the agenda.
Speakers are limited to three (3) minutes each. In conformance with the Brown Act, no Board action can occur on items presented during Public Comment.
If you desire to speak during Public Comment, please fill out a speaker card and submit it to the Board Secretary. When you are called to speak, please come forward to the podium and state your name.
To address the Board regarding an item on the agenda, please fill out a speaker card and submit it to the Board Secretary before the Board Chair announces the item.
CALL TO ORDER
ROLL CALL
FLAG SALUTE
BOARD COMMENTS & ANNOUNCEMENTS
PUBLIC COMMENT
APPROVAL OF MINUTES
Minutes of the Regular Meeting held August 29, 2024
AMENDED
AGENDA
AGENDA
2 Clean Energy Alliance Board Meeting Agenda
September 26, 2024
Presentations
Proclamation in Recognition of Alternate Board Member and CAC Chair Dwight Worden Consent Calendar
Item 1: Clean Energy Alliance Treasurer’s Report for June 2024 RECOMMENDATION:
Receive and file the Clean Energy Alliance Treasurer’s Report for June 2024.
Item 2: Clean Energy Alliance Treasurer’s Report for July 2024 RECOMMENDATION:
Receive and file the Clean Energy Alliance Treasurer’s Report for July 2024.
Item 3: Consideration of Resolution No. 2024-017 Approving Amendments to the Clean Energy Alliance Conflict of Interest Code
RECOMMENDATION:
Adopt Resolution No. 2024-017 approving amendments to the Clean Energy Alliance Conflict of Interest Code.
Reports
Item 4: Clean Energy Alliance Chief Executive Officer Operational Report New Business
Item 5: Regulatory Update
RECOMMENDATION:
Receive the Regulatory update from Keyes and Fox.
Item 6: Consideration of Resolution No. 2024-018 Approving Amendments to the Community Advisory Committee Policy
RECOMMENDATION:
Adopt Resolution No. 2024-018 approving amendments to the Community Advisory Committee Policy.
Item 7: Fiscal Year 24/25 Program Funds Distribution
AGENDA
3 Clean Energy Alliance Board Meeting Agenda
September 26, 2024
RECOMMENDATION:
Provide direction regrading distribution and use of fiscal year 2024/25 budgeted program funds.
BOARD MEMBER REQUESTS FOR FUTURE AGENDA ITEMS
NEXT MEETING: Regular Board Meeting October 31, 2024, City of Oceanside, 300 North Coast Highway, Oceanside, CA 92054
If you are an individual with a disability and need a reasonable modification or accommodation pursuant to the Americans with Disabilities Act (“ADA”), please contact [email protected] prior to the meeting for assistance.
Clean Energy Alliance Board of Directors Regular Meeting Minutes August 29, 2024, 2 p.m.
City of Oceanside, Council Chamber
300North Coast Hwy,Oceanside CA 92054
CALL TO ORDER: Chair Druker called to order the Regular Meeting of the Clean Energy Alliance at 2 p.m.
ROLL CALL: Board Members: Becker, Bhat-Patel, Garcia, Musgrove, Vice Chair Melendez, Chair Druker.
Alternate Board Member: Joyce.
FLAG SALUTE: Board Member Garcia led the flag salute.
BOARD COMMENTS & ANNOUNCEMENTS: Chair Druker announced that Alternate Board Member and CAC Chair Dwight Worden will be resigning from his position, effective September 24, 2024.
PUBLIC COMMENT: None.
APPROVAL OF MINUTES:
Minutes of the Regular Meeting held June 27, 2024
Motion by Board Member Bhat-Patel seconded by Board Member Becker, to approve the minutes as presented. Motion carried, 7/0.
Presentations
Consent Calendar
Item 1: Clean Energy Alliance Treasurer’s Report for May 2024 RECOMMENDATION:
Receive and file the Clean Energy Alliance Treasurer’s Report for May 2024.
Item 2: Consideration of Resolution No. 2024-011 Approving First Amended and Restated Clean Energy Alliance Wholesale Market Access Tariff Agreement with San Diego County Water Authority and Poseidon Resources (Channelside), LP
RECOMMENDATION:
Adopt Resolution No. 2024-011 approving First Amended and Restated Clean Energy Alliance Wholesale Market Access Tariff Agreement with San Diego County Water Authority and Poseidon Resources (Channelside), LP and authorize the Chief Executive Officer to sign all documents, subject to General Counsel approval.
Item 3: Consideration of Resolution No. 2024-012 Approving Amendment No. 2 to Professional Services Agreement (PSA) with Maher Accountancy (“Maher”) RECOMMENDATION:
Adopt Resolution No. 2024-012 approving Amendment No. 2 with Maher for CCA Accounting Services, for an amount not to exceed $136,000, effective July 1, 2024, through June 30, 2025 and authorize the Chief Executive Officer to sign all documents, subject to General Counsel approval.
Item 4: Consideration of Resolution No. 2024-013 Approving Agreement with NRG for Congestion Revenue Rights Portfolio Management Services
RECOMMENDATION:
Adopt Resolution No. 2024-013 approving an agreement with NRG for Congestion Revenue Rights Portfolio Management Services, for a term through December 31, 2027 and authorize the Chief Executive Officer to sign all documents, subject to General Counsel approval.
Item 5: Consideration of Resolution No. 2024-014 Approving Amendment No. 4 to Professional Services Agreement (PSA) with Hall Energy
RECOMMENDATION:
Adopt Resolution No. 2024-014 approving Amendment No. 4 with Hall Energy for Transactions Attorney Services, for a term through June 30, 2025, for an amount not to exceed $65,000 per fiscal year beginning FY 2023/24 and authorize the Chief Executive Officer to sign all documents, subject to General Counsel approval.
Motion by Vice Chair Melendez, seconded by Board Member Musgrove, to approve the Consent Calendar.
Motion carried, 7/0.
Reports
Item 6: Clean Energy Alliance Chief Executive Officer Operational Report CEO Greg Wade presented the report, providing an update on recent community outreach events, enrollment statistics, the Equitable Building Decarbonization grant award and the CPUC approval of the San Diego Regional Energy Network.
CEA Board received report.
New Business
Item 7: Regulatory Update
RECOMMENDATION:
Receive the Regulatory update from Keyes and Fox.
Regulatory Attorney Tim Lindl provided the update.
CEA Board received report.
Item 8: Power Charge Indifference Adjustment (PCIA) Review RECOMMENDATION:
Receive a presentation from Keyes and Fox on the Power Charge Indifference Adjustment (PCIA) of Clean Energy Alliance’s member agencies.
Alternate Board Member Joyce left the meeting at 2:46 p.m.
CEA Board received report.
Board Member Bhat-Patel left the meeting at 2:52 p.m.
Item 9: Rancho Peñasquitos Power Purchase Agreement (PPA) RECOMMENDATION:
Adopt Resolution No. 2024-015 approving a 10-year PPA with the San Diego County Water Authority for the Rancho Peñasquitos hydrogenerator to serve the Channelside account, effective January 2025.
Power Procurement Manager Dan Peckham provided background information on the PPA and answered questions from the Board.
Motion by Board Member Musgrove, seconded by Board Member Becker, to adopt Resolution No. 2024- 015. Motion carried, 5/0/2 (Bhat-Patel, Joyce – Absent).
Item 10: Deer Creek Solar I, LLC Power Purchase Agreement (PPA) RECOMMENDATION:
Adopt Resolution No. 2024-016 approving a 15-Year Power Purchase Agreement with Deer Creek Solar I, LLC for solar renewable energy and storage capacity for an amount not to exceed $82,026,000 and authorize the Chief Executive Officer to execute all documents, subject to Transactions Attorney approval.
Power Procurement Manager Dan Peckham provided background information on the PPA and answered questions from the Board.
Motion by Vice Chair Melendez, seconded by Board Member Becker, to adopt Resolution No. 2024-016.
Motion carried, 5/0/2 (Bhat-Patel, Joyce – Absent).
NEXT MEETING: Regular Board Meeting September 26, 2024, City of Oceanside, 300 North Coast Highway, Oceanside, CA 92054
BOARD MEMBER REQUESTS FOR FUTURE AGENDA ITEMS: Chair Druker shared that the Board will need to appoint a new CAC Chair at a future meeting.
ADJOURN: Chair Druker adjourned the meeting at 3:06 p.m. _______________________________________
Kaylin McCauley
Board Secretary/Administrative Assistant
Staff Report
DATE: September 26, 2024
TO: Clean Energy Alliance Board of Directors
FROM: Andy Stern, Interim Chief Financial Officer/Treasurer ITEM 1: Clean Energy Alliance Treasurer’s Report
RECOMMENDATION:
Receive and File Clean Energy Alliance (CEA) Interim Treasurer’s Report for June 2024.
BACKGROUND AND DISCUSSION:
This report provides the Board with the following financial information through June 30, 2024:
• Statement of Financial Position (Unaudited and preliminary) – Reports assets, liabilities, and financial position of the CEA as of June 30, 2024.
• Statement of Revenues, Expenses and Changes in Net Position (Unaudited and preliminary) for the twelve months ended June 30, 2024.
• Budget to Actuals Comparison Schedule (Unaudited and preliminary) – Reports actual revenues and expenditures compared to the annual amended budget as of June 30, 2024. • List of Payments Issued – Reports payments issued for June 2024.
As June 30, 2024, liabilities represent invoices and estimated accruals for energy and services received but not yet paid. The noncurrent liabilities relate to debt with JPMorgan as well as amounts due to the member cities of Carlsbad, Del Mar and Solana Beach. CEA is currently making interest only payments on the debt from JPMorgan. The amounts due to the member agency were for start-up costs and services provided to CEA for the period December 2019 to June 2020.
Submitted for Board consideration:
___________________________________
Gregory Wade
Chief Executive Officer
ATTACHMENTS:
None.
September 26, 2024
CEA Treasurer’s Report
ASSETS
Current assets
Cash and cash equivalents $ 5,266,291
Accounts receivable, net of allowance 21,681,984
Accrued revenue 20,914,382
Other receivables 33,000
Prepaid expenses 7,095,226
Deposits 770,000
Total current assets 55,760,883
Noncurrent assets
Restricted cash 187,000
Deposits 55,376
Total noncurrent assets 242,376
Total assets 56,003,259
LIABILITIES
Current liabilities
Accrued cost of electricity 35,367,560
Accounts payable 886,741
Other accrued liabilities 363,791
Interest and financing cost payable 206,788
Total current liabilities 36,824,880
Noncurrent liabilities
Security deposits - energy suppliers 496,150
Revolving line of credit 33,950,000
Total noncurrent liabilities 34,446,150
Total liabilities 71,271,030
NET POSITION
Unrestricted (deficit) $ (15,267,771)
These financial statements do not contain note disclosures, have not been subjected to an audit or review or compilation engagement, and no assurance is provided on them.
CLEAN ENERGY ALLIANCE
STATEMENT OF NET POSITION
As of June 30, 2024
September 26, 2024
CEA Treasurer’s Report
OPERATING REVENUES
Electricity sales, net $ 195,714,615
OPERATING EXPENSES
Cost of electricity 193,080,247
Contract services 4,914,138
Staff compensation 779,732
Other operating expenses 409,485
Total operating expenses 199,183,602
Operating income (loss) (3,468,987)
NONOPERATING REVENUES (EXPENSES)
Interest income 218,449
Interest and financing expense (1,480,137)
Nonoperating revenues (expenses), net (1,261,688)
CHANGE IN NET POSITION (4,730,675)
Net position at beginning of year - restated (10,537,096) Net position at end of period $ (15,267,771)
These financial statements do not contain note disclosures, have not been subjected to an audit or review or compilation engagement, and no assurance is provided on them.
CLEAN ENERGY ALLIANCE
STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN NET POSITION
Year ended June 30, 2024
September 26, 2024
CEA Treasurer’s Report
BUDGET TO ACTUALS COMPARISON SCHEDULE
At its June 2023, board meeting, the CEA Board approved the Fiscal Year (FY) 2023/24 budget approving $213,411,000 in total operating and nonoperating expenses. For the year-to-date, $202,387,000 has been expended. Revenues from electricity sales for the year-to-date reached $197,438,000. The overall change in available fund balance (ignoring loan proceeds) for the year-to-date was a decrease of $4,731,000.
The Budget to Actuals Comparison Schedules as of June 30, 2024, is shown on the next page.
September 26, 2024
CEA Treasurer’s Report
ANNUAL
BUDGET
YEAR-TO-DATE
ACTUAL
ANNUAL
BUDGET
VARIANCE
Operating Revenues
Energy Sales $ 230,915,000 197,437,670 $ 33,477,330
Operating Expenses
Power Supply 200,000,000 193,080,247 6,919,753
Data Manager / Call Center 2,500,000 2,303,272 196,728
Staffing/Consultants 3,000,000 1,112,365 1,887,635
Legal Services 467,500 457,394 10,106
Professional Services 1,448,885 1,452,860 (3,975)
Audit Services 10,000 23,421 (13,421)
Software & Licenses 15,000 49,956 (34,956)
Membership Dues 292,040 298,443 (6,403)
G&A (includes Bad Debt expense) 4,927,780 2,128,699 2,799,081 Total Operating Expenses 212,661,205 200,906,657 11,754,548 Operating Income (Loss) 18,253,795 (3,468,987) 21,722,782 Financing
Interest Income 50,000 218,449 (168,449)
Interest Expense (750,000) (1,480,137) 730,137
Net Interest Income (Expense) (700,000) (1,261,688) 561,688 $ 17,553,795 $ (4,730,675) $ 22,284,470
CLEAN ENERGY ALLIANCE
BUDGETARY COMPARISON SCHEDULE
Year ended June 30, 2024
Change in Net Position
These financial statements do not contain note disclosures, have not been subjected to an audit or review or compilation engagement, and no assurance is provided on them.
September 26, 2024
CEA Treasurer’s Report
LIST OF PAYMENTS ISSUED
The report on the following page provides the detail of payments issued by CEA for the month. All payments were within approved budget.
September 26, 2024
CEA Treasurer’s Report
Date Type Vendor Description Amount
06/03/2024Wire JPMorgan 01-May-2024 02-Jun-2024 40,216.63 06/03/2024Wire SAAVI ENERGY SOLUTIONS, LLC. Firm Resourre Adequacy - (September 2024) Prepayment 105,000.00 06/03/2024WIre THE ENERGY AUTHORITY May 2024 - CAISO Weekly Settlement 278,673.15 06/03/2024ACH/CHECK Tripepi, Smith & Associates, Inc. May 2024 - Communications and Marketing Service 13,498.19 06/03/2024ACH/CHECK USPS First-Class Mail and First-Class Package Service 491.51 06/04/2024ACH/CHECK BURKE, WILLIAMS & SORENSEN, LLP FEES FOR SERVICES RENDERED THROUGH April 30, 2024 11,832.89 06/04/2024ACH/CHECK Hall Energy Law PC Professional Services Rendered Through 4/30/2024 8,255.00 06/04/2024ACH/CHECK Neyenesch Printers Printing 1,215.07 06/04/2024ACH/CHECK STERN, ANDREW For the period from April 22, 2024 through May 21, 2024 7,976.50 06/04/2024ACH/CHECK USPS First-Class Mail and First-Class Package Service 4,390.53 06/05/2024ACH/CHECK River City Bank CC April 2024 Expenses 5,922.65 06/06/2024ACH/CHECK AVANTI EXECUTIVE SUITES June 2024 -Rent 1,314.66 06/07/2024ACH/CHECK EMPOWER (401a) Employee Retirement - 06/05/2024 6,386.92 06/07/2024ACH/CHECK EMPOWER (457b) Employee Retirement Contribution - 06/05/2024 4,117.32 06/07/2024ACH/CHECK EMPOWER (FEES) Expense Charges - 401(a) Plan Investment Management fees 1,070.68 06/07/2024ACH/CHECK EMPOWER (FEES) Expense Charges - 457(b) Plan Investment Management fees 881.23 06/07/2024ACH/CHECK Neyenesch Printers Printing 6,786.98 06/07/2024ACH/CHECK PECKHAM, DANIEL Farmer's Market stall fee 100.00 06/07/2024ACH/CHECK PECKHAM, DANIEL CA Clean Energy Procurement Conference (SF) 1,625.24 06/07/2024ACH/CHECK The Bayshore Consulting Group, Inc May 2024 - CCA Operations Consulting 11,025.00 06/10/2024ACH/CHECK MCGEE, KAITLIN Expense Reimbursement - Apr 4, 2024 to Apr 26, 2024 198.21 06/10/2024ACH/CHECK Neyenesch Printers Printing 728.62
06/10/2024Wire THE ENERGY AUTHORITY May 2024 - CAISO Weekly Settlement 377,165.11 06/11/2024ACH/CHECK USPS First-Class Mail and First-Class Package Service 1,188.76 06/12/2024ACH/CHECK USPS First-Class Mail and First-Class Package Service 423.05 06/13/2024ACH/CHECK USPS First-Class Mail and First-Class Package Service 16,828.35 06/14/2024ACH/CHECK SDG&E(Service Fees) For services rendered January 1, 2024 to April 30, 2024 144,517.37 06/17/2024ACH/CHECK CARDER & ASSOCIATES, LLC Advertising Supply 1,890.47 06/17/2024Wire JPMorgan 17-May-2024 16-Jun-2024 61,108.23 06/17/2024Wire THE ENERGY AUTHORITY May 2024 - CAISO Weekly Settlement 284,477.22 06/17/2024ACH/CHECK USPS First-Class Mail and First-Class Package Service 867.62 06/18/2024ACH/CHECK BRAUN BLAISING SMITH WYNNE April 2024 - Professional Services 210.00 06/18/2024ACH/CHECK BRENTECH INCORPORATED Small Equipment 1,457.45 06/18/2024ACH/CHECK CALPINE ENERGY SOLUTIONS April 2024 Services 258,176.25 06/18/2024ACH/CHECK State Compensation Insurance Fund Monthly - Worker’s Comp AUTOPAY 452.75 06/18/2024ACH/CHECK Team Promotions Solar Powered Light & Whistle Key Chain 1,674.36 06/20/2024Wire CALIFORNIA CHOICE ENERGY AUTHORITY May 2024 RA EPIC 49,000.00 06/20/2024Wire EDF TRADING NORTH AMERICA May 2024 - Capacity Purchases 706,500.00 06/20/2024Wire JPMorgan 20-May-2024 19-Jun-2024 38,190.62 06/20/2024Wire JPMorgan 20-May-2024 19-Jun-2024 30,552.50 06/20/2024Wire LEAPFROG POWER, INC. June 2024 RA 12,517.20 06/20/2024ACH/CHECK Neyenesch Printers Printing 1,180.87 06/20/2024Wire SDG&E (Procurement) May 2024 REC Sales - LT Bundled & Unbundled 2,413,161.69 06/20/2024Wire SDG&E (Procurement) May-24 Resource Adequacy Sales (MCAM) 122,809.80 06/20/2024Wire SEMPRA May 2024 - Capacity Purchases 1,139,000.00 06/20/2024ACH/CHECK SDRMA Coverage Month: July 2024 10,734.50 06/21/2024ACH/CHECK EMPOWER (401a) Employee Retirement - 06/20/2024 6,386.92 Clean Energy Alliance
PAYMENTS ISSUED DURING JUNE 2024
September 26, 2024
CEA Treasurer’s Report
06/21/2024ACH/CHECK EMPOWER (457b) Employee Retirement - 06/20/2024 4,117.32 06/24/2024Wire BP ENERGY COMPANY 2025 CA PCC - Deal ID 1 12772166 3,750,000.00 06/24/2024Wire THE ENERGY AUTHORITY June 2024 - CAISO Weekly Settlement 193,685.19 06/25/2024ACH/CHECK Maher Accountancy Accounting during the month of June 2024 9,500.00 06/25/2024ACH/CHECK MCCAULEY, KAYLIN Expense Reimbursement - June 12, 2024 - June 17, 2024 119.52 06/25/2024ACH/CHECK Neyenesch Printers Printing 1,915.13 06/25/2024Wire Powerex Transactions for the Period of June 2024 98,562.50 06/25/2024Wire Resi Station LLC Proxy Demand Response CEA May2024 7,078.40 06/26/2024ACH/CHECK USPS First-Class Mail and First-Class Package Service 1,489.18 06/26/2024ACH/CHECK Z| NEMS NEM Cash Out 146,479.31
06/27/2024ACH/CHECK AVANTI EXECUTIVE SUITES July 2024 -Rent 1,584.74 06/27/2024ACH/CHECK Evolution Affairs, LLC May 2024 - Professional Service 2,450.00 06/27/2024ACH/CHECK THE ENERGY AUTHORITY May 2024 - Resource Management Monthly Fees 13,653.58 06/27/2024ACH/CHECK Tripepi, Smith & Associates, Inc. May 2024 - Communications and Marketing Service 3,168.88 06/28/2024Wire DYNASTY POWER Net balance for period of May 2024 1,177,806.00 Total for Operating Account 11,603,787.82
06/24/2024 lockbox Constellation Generation Company, LLC April 2024 - Power Purchase 160,898.84 06/24/2024 lockbox NRG (Formerly DIRECT ENERGY) Power transactions for APR-2024 2,157,540.24 06/24/2024 lockbox Shell Oil North America April 2023 - Energy Purchases 3,825,347.00 06/24/2024 lockbox Tecolote Wind LLC May 2024 - Resource Adequacy Benefits 48,562.50 06/24/2024 lockbox MORGAN STANLEY CAPITAL GROUP, INC. May 2024 - Power Purchase 5,696,568.04 Total for Lockbox Account 11,888,916.62
Staff Report
DATE: September 26, 2024
TO: Clean Energy Alliance Board of Directors
FROM: Andy Stern, Interim Chief Financial Officer/Treasurer ITEM 2: Clean Energy Alliance Treasurer’s Report
RECOMMENDATION:
Receive and File Clean Energy Alliance (CEA) Interim Treasurer’s Report for July 2024.
BACKGROUND AND DISCUSSION:
This report provides the Board with the following financial information through July 31, 2024:
• Statement of Financial Position (Unaudited and preliminary) – Reports assets, liabilities, and financial position of the CEA as of July 31, 2024.
• Statement of Revenues, Expenses and Changes in Net Position (Unaudited and preliminary) for the twelve months ended July 31, 2024.
• Budget to Actuals Comparison Schedule (Unaudited and preliminary) – Reports actual revenues and expenditures compared to the annual amended budget as of July 31, 2024. • List of Payments Issued – Reports payments issued for July 2024.
As July 31, 2024, liabilities represent invoices and estimated accruals for energy and services received but not yet paid. The noncurrent liabilities relate to debt with JPMorgan as well as amounts due to the member cities of Carlsbad, Del Mar and Solana Beach. CEA is currently making interest only payments on the debt from JPMorgan. The amounts due to the member agency were for start-up costs and services provided to CEA for the period December 2019 to June 2020.
FISCAL IMPACT:
There is no fiscal impact with this action.
Submitted for Board consideration:
___________________________________
Gregory Wade
Chief Executive Officer
ATTACHMENTS:
None.
September 26, 2024
CEA Treasurer’s Report
ASSETS
Current assets
Cash and cash equivalents $ 13,869,245
Accounts receivable, net of allowance 34,465,678
Accrued revenue 24,298,673
Prepaid expenses 6,412,787
Deposits 770,000
Total current assets 79,816,383
Noncurrent assets
Restricted cash 187,000
Deposits 55,376
Total noncurrent assets 242,376
Total assets 80,058,759
LIABILITIES
Current liabilities
Accrued cost of electricity 40,710,883
Accounts payable 1,306,885
Other accrued liabilities 295,096
Interest and financing cost payable 146,890
Total current liabilities 42,459,754
Noncurrent liabilities
Security deposits - energy suppliers 496,150
Revolving line of credit 36,250,000
Total noncurrent liabilities 36,746,150
Total liabilities 79,205,904
NET POSITION
Unrestricted (deficit) $ 852,855
These financial statements do not contain note disclosures, have not been subjected to an audit or review or compilation engagement, and no assurance is provided on them.
CLEAN ENERGY ALLIANCE
STATEMENT OF NET POSITION
As of July 31, 2024
September 26, 2024
CEA Treasurer’s Report
OPERATING REVENUES
Electricity sales, net $ 39,805,726
OPERATING EXPENSES
Cost of electricity 22,724,029
Contract services 527,133
Staff compensation 127,802
Other operating expenses 47,253
Total operating expenses 23,426,217
Operating income (loss) 16,379,509
NONOPERATING REVENUES (EXPENSES)
Investment income 7,685
Interest and financing expense (266,568)
Nonoperating revenues (expenses), net (258,883)
CHANGE IN NET POSITION 16,120,626
Net position at beginning of year (15,267,771)
Net position at end of period $ 852,855
These financial statements do not contain note disclosures, have not been subjected to an audit or review or compilation engagement, and no assurance is provided on them.
CLEAN ENERGY ALLIANCE
STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN NET POSITION
One Month Ended July 31, 2024
September 26, 2024
CEA Treasurer’s Report
BUDGET TO ACTUALS COMPARISON SCHEDULE
At its June 2024, board meeting, the CEA Board approved the Fiscal Year (FY) 2024/25 budget approving $326,469,000 in total operating expenses. For the year-to-date, $23,426,000 of operating expenses have been expended. Revenues from electricity sales for the year-to-date reached $39,806,000. Nonoperating activity was a net expense of $1,063,000. The overall change in net position for the year-to-date was an increase of $16,121,000.
The Budget to Actuals Comparison Schedules as of July 31, 2024, is shown on the next page.
Actual Budget Amount %
Operating Revenues $ 39,805,726 $ 37,839,508 $ 1,966,218 5% 360,839,549 321,033,823 89% Operating Expenses
Cost of Energy 22,724,029 25,697,952 2,973,923 12% 317,090,165 294,366,136 93% Other Operating Expenses 702,188 703,503 1,315 0% 9,378,650 8,676,462 93% Total Operating Expenses 23,426,217 26,401,455 2,975,238 11% 326,468,815 303,042,598 93% Operating Income (Loss) 16,379,509 11,438,053 4,941,456 43% 34,370,733 17,991,224 Nonoperating Income/(Expense)
Interest Income 7,685 5,724 1,961 -34% 148,585 140,900
Interest Expense (266,568) (262,125) (4,443) -2% (1,211,969) (945,401) Total Nonoperating Income/(Expense) (258,883) (256,401) (2,482) -1% (1,063,383) (804,500) 76% Change in Net Position $ 16,120,626 $ 11,181,652 $ 4,938,974 $ 33,307,350 $ 17,186,724 These financial statements do not contain note disclosures, have not been subjected to an audit or review or compilation engagement, and no assurance is provided on them.
Annual
CLEAN ENERGY ALLIANCE
BUDGETARY COMPARISON SCHEDULE
Current Month and One Month Ended July 31, 2024
Year-To-Date
Variance fav. (unfav.) Budget Less
Actual YTD
Budget
Remaining /
Budget %
Annual
Budget
September 26, 2024
CEA Treasurer’s Report
LIST OF PAYMENTS ISSUED
The report on the following page provides the detail of payments issued by CEA for the month. All payments were within approved budget.
September 26, 2024
CEA Treasurer’s Report
Date Type Vendor Description Amount
07/19/2024ACH/CHECK AVANTI EXECUTIVE SUITES (PALOMAR) Aug 2024 -Rent 1,659.70 07/23/2024ACH/CHECK BRAUN BLAISING SMITH WYNNE May 2024 - Professional Services 861.26 07/09/2024ACH/CHECK BRENTECH INCORPORATED Small Equipment 1,457.45 07/02/2024ACH/CHECK BURKE, WILLIAMS & SORENSEN, LLP FEES FOR PROFESSIONAL SERVICES THROUGH May 31, 2024 8,955.06 07/30/2024Wire CALIFORNIA DEPT TAX& FEE ADMIN 2024-Q2 Electric Energy Surcharge 115,667.00 07/10/2024ACH/CHECK CARDER & ASSOCIATES, LLC Palermo - 17 oz Double Wall Stainless Steel Vaccum Bottle 1,684.11 07/22/2024ACH/CHECK DYNASTY POWER Net balance due for period of June 2024 Environmental Attribute 453,560.00 07/22/2024ACH/CHECK EDF TRADING NORTH AMERICA June 2024 - Capacity Purchase 706,500.00 07/05/2024ACH/CHECK EMPOWER (401a) Employee Retirement - 07/05/2024 6,386.92 07/15/2024ACH/CHECK EMPOWER (401a) Employee Retirement - 07/20/2024 6,386.92 07/05/2024ACH/CHECK EMPOWER (457b) Employee Retirement - 07/05/2024 4,117.32 07/15/2024ACH/CHECK EMPOWER (457b) Employee Retirement - 07/05/2024 4,117.32 07/25/2024ACH/CHECK ES 1A Group 2 Opco, LLC Resource Adequacy June '24 108,360.00 07/22/2024ACH/CHECK Hall Energy Law PC Fees for Professional Services Rendered Through 5/31/2024 12,285.00 07/09/2024ACH/CHECK HOWARD, ROB Expense reimbursement Apr 17, 2024 to June 17, 2024 549.66 07/01/2024Wire JPMorgan Interest and fees 36,626.62
07/01/2024Wire JPMorgan Interest and fees 64,810.76
07/22/2024ACH/CHECK JPMorgan Interest and fees 39,505.20 07/15/2024ACH/CHECK JPMorgan Interest and fees 94,728.00 07/17/2024ACH/CHECK JPMorgan Interest and fees 59,192.27 07/22/2024ACH/CHECK JPMorgan Interest and fees 31,604.16 07/02/2024ACH/CHECK Keyes & Fox LLP May 2024 - Professional Services 26,241.75 07/22/2024ACH/CHECK LEAPFROG POWER, INC. July 2024 RA 12,517.20 07/15/2024ACH/CHECK Maher Accountancy April - June 2024 Bill.com Fees 2,953.45 07/02/2024ACH/CHECK NewGen Strategies & Solutions May 2024 - CEA SDG&E ERRA REGULATORY SUPPORT 2024-2026 9,718.75 07/17/2024ACH/CHECK NewGen Strategies & Solutions June 2024 - CEA SDG&E ERRA REGULATORY SUPPORT 2024-2026 6,645.00 07/15/2024ACH/CHECK Neyenesch Printers Printing Services 1,215.07 07/09/2024ACH/CHECK Neyenesch Printers Printing Services 7,342.53 07/11/2024ACH/CHECK Neyenesch Printers Printing Services 1,381.10 07/24/2024ACH/CHECK Neyenesch Printers Printing Services 1,471.83 07/25/2024ACH/CHECK Neyenesch Printers Printing Services 1,253.14 07/02/2024ACH/CHECK Pacific Energy Advisors, Inc May 2024 - Technical Consulting Advisors 33,880.00 07/26/2024ACH/CHECK Pacific Energy Advisors, Inc June 2024 - Technical Consulting Advisors 29,011.71 07/22/2024ACH/CHECK Powerex Transactions for the Period of May 2023 179,288.55 07/22/2024ACH/CHECK Powerex Transactions for the Period of June 2023 12,650.05 07/25/2024ACH/CHECK Powerex Transactions for the Period of July 2024 98,562.50 07/22/2024ACH/CHECK Resi Station LLC Proxy Demand Response CEA Jun2024 10,906.20 07/01/2024ACH/CHECK River City Bank CC May 2024 Expenses 7,634.18 07/01/2024WIre SAAVI ENERGY SOLUTIONS, LLC. Firm RESOURCE Adequacy - (October 2024) 105,000.00 07/22/2024ACH/CHECK SDG&E (Procurement) June 2024 REC Sales - LT Bundled & Unbundled 2,343,292.23 07/23/2024ACH/CHECK SDG&E (Procurement) Jun2-24 Resource Adequacy Sales (MCAM) 129,966.38 07/05/2024ACH/CHECK SDG&E(Service Fees) For services rendered May 1, 2024 to May 31, 2024. 58,783.94 07/22/2024ACH/CHECK SEMPRA June 2024 - Capacity Purchases 1,139,000.00 07/15/2024ACH/CHECK SPECIAL DISTRICT RISK MANAGEMENT Coverage Month: August 2024 10,734.50 07/16/2024ACH/CHECK State Compensation Insurance Fund Monthly - Worker’s Comp AUTOPAY 452.75 07/01/2024ACH/CHECK THE ENERGY AUTHORITY June 2024 - CAISO Weekly Settlement 75,832.31 07/08/2024ACH/CHECK THE ENERGY AUTHORITY June 2024 - CAISO Weekly Settlement 113,400.38 07/15/2024ACH/CHECK THE ENERGY AUTHORITY June 2024 - CAISO Weekly Settlement 181,862.60 07/22/2024ACH/CHECK THE ENERGY AUTHORITY July 2024 - CAISO Weekly Settlement 295,046.36 07/29/2024ACH/CHECK THE ENERGY AUTHORITY July 2024 - CAISO Weekly Settlement 1,129,248.21 07/15/2024ACH/CHECK Tripepi, Smith & Associates, Inc. June 2024 - Communications and Marketing Service 13,498.19 07/09/2024ACH/CHECK Tripepi, Smith & Associates, Inc. June 2024 - Communications and Marketing Service 22.50 07/23/2024ACH/CHECK Tullett Prebon Americas Corp April 2024 - Broker Fees - RA purchases PCC1 75,000.00 07/01/2024ACH/CHECK USPS First-Class Mail and First-Class Package Service 9,142.31 07/02/2024ACH/CHECK USPS First-Class Mail and First-Class Package Service 1,014.99 September 26, 2024
CEA Treasurer’s Report
07/10/2024ACH/CHECK USPS First-Class Mail and First-Class Package Service 1,447.60 07/16/2024Wire USPS First-Class Mail and First-Class Package Service 902.43 07/23/2024Wire USPS First-Class Mail and First-Class Package Service 1,358.82 07/09/2024ACH/CHECK WREGIS Transferred Rec 140.00
07/10/2024Wire Z| NEMS NEM Cash Out 10,647.11
Total for Operating Account 7,897,481.35
07/22/2024 Lockbox Constellation Generation Company, LLC May 2024 - Power Purchase 152,193.30 07/22/2024 Lockbox NRG Power transactions for APR-2024 2,185,950.80 07/22/2024 Lockbox Shell Oil North America May 2023 - Energy Purchases 3,899,745.71 07/22/2024 Lockbox Tecolote Wind LLC June 2024 - Resource Adequacy Benefits 40,812.50 07/22/2024 Lockbox MORGAN STANLEY CAPITAL GROUP, INC. June 2024 - Carbon Free energy 6,495,680.40 Total for Lockbox Account 12,774,382.71
Staff Report
DATE: September 26, 2024
TO: Clean Energy Alliance Board of Directors
FROM: Gregory Wade, Chief Executive Officer
ITEM 3: Consideration of Resolution No. 2024-017 Approving Amendments to the Clean Energy Alliance Conflict of Interest Code
RECOMMENDATION:
Adopt Resolution No. 2024-017 approving amendments to the Clean Energy Alliance Conflict of Interest Code.
BACKGROUND AND DISCUSSION:
California Government Code Section 87300 requires Clean Energy Alliance (“CEA”) to adopt and promulgate a Conflict of Interest Code (“Code”) that applies to those officials and designated positions who are involved in CEA’s decision making. At its regular meeting November 19, 2019, the CEA Board adopted Resolution No. 2019-001 adopting the Code and approved amendments to the Code through adoption of Resolution No. 2020-006 at its November 19, 2020 Board Meeting and through Resolution No. 2022-007 at its September 22, 2022 Board Meeting.
CEA is required by California Government Code Section 87306(b) to hold a biennial review with its governing body to determine if any amendments are necessary. The Code applies to the designated economic interests that exist within CEA’s jurisdiction and not just the jurisdiction of the Member Agencies. The proposed amendments add the positions of Board Secretary/Administrative Assistant, Key Accounts/Program Manager, Power Procurement Manager and Regulatory Analyst to the Code.
Government Code Section 82011(b) requires the San Diego County Board of Supervisors to be the code reviewing body for CEA’s Code. If the Board adopts the Code amendment, staff will forward the resolution and the CEA’s Conflict of Interest Code to San Diego County for review and approval. The Board of Supervisors is required to act upon the Conflict of Interest Code within ninety (90) days after receiving the Code for review. The Board of Supervisors may approve the Code as submitted, make revisions, or return the proposed Code to the CEA’s Board for review and resubmission back to the Board of Supervisors for approval.
FISCAL IMPACT:
There is no fiscal impact with this action.
September 26, 2024
Conflict of Interest Code
Submitted for Board consideration:
___________________________________
Gregory Wade
Chief Executive Officer
ATTACHMENTS:
A. Resolution No. 2024-017 Approving Amendments to the Clean Energy Alliance Conflict of Interest Code
CLEAN ENERGY ALLIANCE
RESOLUTION NO. 2024-017
A RESOLUTION OF THE CLEAN ENERGY ALLIANCE BOARD OF DIRECTORS
AMENDING THE CONFLICT OF INTEREST CODE TO ADD CURRENT STAFF POSITIONS WHEREAS, Government Code Section 87300 requires state and local government agencies to adopt conflict of interest codes; and
WHEREAS, the Fair Political Practices Commission has adopted a regulation (2 Cal. Code of Regs. § 18730), which contains the terms of a standard conflict of interest code, which may be incorporated by reference into an agency’s code; and WHEREAS, the Clean Energy Alliance (“CEA”) is a joint powers authority subject to Government Code Section 87300 code-filing requirement; and WHEREAS, on November 5, 2019, the Board of Directors of the CEA (“Board”) adopted a Conflict of Interest of Code by Resolution No. 2019-001 in accordance with the requirements of state law, and this Conflict of Interest Code was subsequently approved by the San Diego County Board of Supervisors as its code reviewing body; and
WHEREAS, on November 19, 2020, the Board adopted Resolution No. 2020-006, rescinding Resolution No. 2019-001 and amending the Conflict of Interest Code; and WHEREAS, on September 22, 2022, the Board adopted Resolution No. 2022-007, rescinding Resolution No. 2020-006 and amending the Conflict of Interest Code; and WHEREAS, the Board desires to amend the Conflict of Interest Code in order to add new staff positions including Board Secretary/Administrative Assistant, Key Accounts/Program Manager, Power Procurement Manager and Regulatory Analyst.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the Clean Energy Alliance, as follows:
Section 1. The Board hereby rescinds Resolution No. 2022-007 and adopts an amended Conflict of Interest Code, a copy of which is attached hereto as Exhibit A and shall be on file with the Board Secretary of CEA, and available to the public for inspection on CEA’s website.
Section 2. The amended Conflict of Interest Code shall be submitted to the Board of Supervisors of San Diego County for approval and said Code shall become effective 30 days after the Board of Supervisors approves the proposed amended Conflict of Interest Code as submitted.
Attachment A
CEA No. Resolution 2024-017
Conflict of Interest Code
2 Section 3. Any violation of any provision of the Conflict of Interest Code is subject to the administrative, criminal, and civil sanctions provided in the Political Reform Act, Government Code Section 81000 et seq.
The foregoing Resolution was passed and adopted this 26th day of September 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
APPROVED:
________________________________________
David Druker, Board Chair
ATTEST:
____________________________
Kaylin McCauley, Board Secretary
CEA No. Resolution 2024-017
Conflict of Interest Code
3 EXHIBIT A
CONFLICT OF INTEREST CODE OF THE
CLEAN ENERGY ALLIANCE
Incorporation of FPPC Regulation 18730
(2 California Code of Regulations, Section 18730) by Reference The Political Reform Act (Government Code § 81000, et seq.) requires state and local government agencies to adopt and promulgate conflict of interest codes. The Fair Political Practices Commission has adopted a regulation (2 Cal. Code Regs § 18730) that contains the terms of a standard conflict of code which can be incorporated by reference in an agency’s code. After public notice and hearing, Section 18730 may be amended by the Fair Political Practices Commission to conform to amendments in the Political Reform Act. Therefore, the terms of 2 California Code of Regulations Section 18730, and any amendments to it duly adopted by the Fair Political Practices Commission, are hereby incorporated by reference. This incorporation page, Regulation 18730 and the attached Appendix designating positions and establishing disclosure categories, shall constitute the Conflict of Interest Code of the Clean Energy Alliance (“CEA”).
All Officials and Designated Positions required to submit a statement of economic interests shall file their statements with the Secretary, as CEA’s Filing Officer. CEA’s Filing Officer shall retain the originals of the statements of all Officials and Designated Positions and shall make all retained statements available for public inspection and reproduction during regular business hours. (Gov.
Code § 81008.)
CEA No. Resolution 2024-017
Conflict of Interest Code
4 APPENDIX
CONFLICT OF INTEREST CODE of the
Clean Energy Alliance
Amended on September 26, 2024
PART A
DESIGNATED POSITIONS
GOVERNED BY THE CONFLICT OF INTEREST CODE
DESIGNATED POSITIONS DISCLOSURE CATEGORY
Assistant General Counsel 1, 2, 3
Board of Directors 1, 2, 3
Board of Directors (Alternates) 1, 2, 3
Board Secretary/Administrative Assistant 1, 2, 3
Chief Executive Officer 1, 2, 3
General Counsel 1, 2, 3
Key Accounts/Program Manager 1, 2, 3
Members of Community Advisory Committee 1, 2, 3
Power Procurement Manager 1, 2, 3
Regulatory Analyst 1, 2, 3
Treasurer 1, 2, 3
Consultants and New Positions1 4
1 Individuals providing services as a Consultant defined in Regulation 187300.3(a)(2), or in a new position created since this Code was last approved that makes or participates in making decisions shall disclose pursuant to the broadest disclosure category in this Code subject to the following limitations:
The Chief Executive Officer or his or her designee may determine in writing that a particular consultant or new position, although a “designated position”, is hired to perform a range of duties that is limited in scope and thus not required to fully comply with disclosure requirements in this section. Such written determination shall include a CEA No. Resolution 2024-017
Conflict of Interest Code
5 CLEAN ENERGY ALLIANCE
CONFLICT OF INTEREST CODE
PART B
DISCLOSURE CATEGORIES
Officials and designated positions must report financial interests in accordance with the assigned disclosure categories.
CATEGORY 1:
Persons in this category shall disclose all interests in real property within the jurisdiction of CEA.
Real property shall be deemed to be within the jurisdiction if the property or any part of it is located within or not more than two miles outside the boundaries of the jurisdiction or within two miles of any land owned or used by CEA.
Persons are not required to disclose a residence, such as a home or vacation cabin, used exclusively as a personal residence; however, a residence in which a person rents out a room or for which a person claims a business deduction may be reportable.
CATEGORY 2:
Persons in this category shall disclose all income (including gifts, loans and travel payments) from sources that contract with CEA, or that provide, plan to provide, or have provided during the previous two years, facilities, goods, commodities, technology, equipment, vehicles, machinery, or services, including training or consulting services of the type utilized by CEA.
CATEGORY 3:
Persons in this category shall disclose all business positions and investments in business entities that contract with CEA or that provide, plan to provide, or have provided during the previous two years, facilities, goods, commodities, technology, equipment, vehicles, machinery, or services, including training or consulting services of the type utilized by CEA.
CATEGORY 4:
Individuals who perform under contract the duties of any designated position shall be required description of the consultant’s or new position’s duties and, based upon that description, a statement of the extent of disclosure requirements. The Chief Executive Officer or his or her designee’s determination is a public record and shall be retained for public inspection in the same manner and location as this conflict of interest code. (Gov. Code Section 81008.)
CEA No. Resolution 2024-017
Conflict of Interest Code
6 to file Statements of Economic Interests disclosing reportable interests in the categories assigned to that designated position.
In addition, individuals who, under contract, participate in decisions which affect financial interests by providing information, advice, recommendation, or counsel to CEA which could affect their financial interests shall be required to file Statements of Economic Interests, unless they fall within the Political Reform Act’s exceptions to the definition of consultant. The level of disclosure shall be determined by the Chief Executive Officer or his or her designee. (See footnote in Part A for clarification.)
Staff Report
DATE: September 26, 2024
TO: Clean Energy Alliance Board of Directors
FROM: Gregory Wade, Chief Executive Officer
ITEM 4: Clean Energy Alliance Chief Executive Officer Operational and Administrative Report RECOMMENDATION:
Receive and File the Chief Executive Officer Operational and Administrative Report.
BACKGROUND AND DISCUSSION:
This report provides an update to the Clean Energy Alliance (CEA) Board regarding operational and administrative activity
OPERATIONAL UPDATE
Oceanside & Vista May 2024 Enrollment
CEA continues to enroll remaining Net Energy Metering (NEM) customers in Oceanside and Vista on a monthly basis as each of these customers approach their annual true-ups. On average, CEA is enrolling approximately 1,800 NEM customers each month.
Following each monthly enrollment, CEA continues to receive calls, opt out, and opt-up requests from Oceanside and Vista residents and businesses.
The statistics as of August 12, 2024, are as follows:
City Eligible
Customers
Opt-Downs
to 50%
Renewable
Opt-Ups to
100%
Renewable
Opt-Outs Participation
Rate
Oceanside 67,004 167 63 3,212 95.2%
Vista 36,029 71 262 1,292 96.4%
TOTAL 103,033 238 325 4,504 95.6%
Self-Generation Incentive Program, Solar Plus
California's Self-Generation Incentive Program (SGIP) aims to promote the use of clean, distributed energy generation technologies by providing financial incentives to residential and commercial customers who install solar and energy storage systems. Assembly Bill (AB) 209 expands access to this program specifically for low-income customers, ensuring they can benefit from the incentives designed to reduce energy costs and enhance energy resilience.
September 26, 2024
CEO Admin Report
The allocation of AB 209 funds has been split across five Program Administrators with 8% of this funding allocated to SDG&E territory totaling $22 million. The California Public Utilities Commission (CPUC) raised the storage incentive level for the Residential Solar and Storage Equity budget from $0.85/Wh to $1.10/Wh. This incentive covers approximately 85% of the average energy storage system.
CEA is actively working to expand the Solar Plus program to incorporate the updated SGIP incentives for low-income customers and design a solution that supports customers who cannot pay the remaining 25% of installing energy storage systems upfront. Once a program has been development, staff will present it to the Board for consideration and approval.
CivicSpark Fellowship
CEA will be hosting a CivicSpark Fellow to support energy program planning, customer service and engagement, and procurement planning beginning September 25, 2024. The CivicSpark Fellowship is an AmeriCorp program that places young professionals in local governments and nonprofit organizations to address community challenges related to climate change, sustainability, and community resilience.
Fellowships are funded in part by AmeriCorps and a $31,000 contribution from the host organization.
Fellows provide a year of service, bringing fresh perspectives and innovative solutions to their host organizations, enhancing their capacity to implement projects and engage with the community effectively.
CEA is pleased to host Olivia Regehr for the 2024/2025 CivicSpark service year. Olivia will be attending the September 26th Board meeting so that we can introduce her to the Board and the community.
CEA in the Community
To provide opportunities for the communities we serve to meet with CEA staff and have their questions answered, staff continue to attend several in-person community events and give presentations.
CEA has been busy with many of these scheduled outreach efforts. Recent events and presentations that CEA participated in:
DATE DESCRIPTION
August 29, 2024 VMW HOA Meeting
September 6, 2024 Carlsbad Regional Community Summit
September 6, 2024 Heroes of Oceanside and Camp Pendleton September 6, 2024 Calcities CiticPAC Event
September 9, 2024 RE + Conference
September 11, 2024 Solana Beach City Council Presentation September 18, 2024 Solana Beach Climate Action Commission Presentation September 25, 2024 Vista Environmental Commission Presentation Upcoming events that CEA will be participating include:
DATE DESCRIPTION
September 29, 2024 City of Vista Cyclovia
October 9, 2024 CPUC Small and Diverse Business Expo
October 9, 2024 Del Mar Climate Coalition
October 8, 2024 Carlsbad City Council Presentation
October 10, 2024 CPUC Supplier Diversity En Banc
September 26, 2024
CEO Admin Report
DATE DESCRIPTION
October 18, 2024 NEXUS: San Diego Climate Summit
October 26, 2024 Kiwani's Oceanside Pacific Spaghetti Dinner October 24, 2024 AWWEE Conference
October 30, 2024 CAISO Stakeholder Symposium
Call Center Activity and Participation Statistics
The following chart reflects customer activity through August 31, 2024.
Call volumes to CEA’s Call Center increased 45% from July to August 2024, which is to be expected due to higher energy use and the transition to summer rates. The most common call topics for all customers (commercial and residential) were related to Billing inquiries, Net Energy Metering, and Opt Out Submitted.
The total number of calls received, response times and call duration through August 31, 2024, were as follows:
Monthly Summary – August 31, 2024
Stats by Month Aug July June May Total
Total Calls 1398 963 723 1171 22,731
Total Calls Connected to Agents 1341 935 710 1115 22,193 Average Seconds to Answer 0:00:56 0:00:42 0:00:26 0:00:50 Average Call Duration 0:09:46 0:11:31 0:11:26 0:10:57
The following chart reflects enrollments in CEA’s power supply products by City as of September 18, 2024:
609
530
403
311
465
804
1213
666
1171
723
963
1398
0 200
400
600
800
1000
1200
1400
1600
Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Total Calls Calls Connected to Agents
September 26, 2024
CEO Admin Report
Member City Clean Impact – 50%
Renewable
Clean Impact Plus -
75% Carbon Free
Green Impact – 100%
Renewable
Carlsbad 159 49,453 215
Del Mar 4 2,775 67
Escondido 138 53,228 63
Oceanside 167 66,774 63
San Marcos 118 34,671 63
Solana Beach 15 6,896 157
Vista 71 35,696 262
TOTAL ACCOUNTS 672 249,493 890
Procurement Update – Local Developer RFQ
As an approach to facilitate local project development, CEA released a Request for Qualifications (RFQ) last June seeking responses from qualified businesses or firms interested in developing 1 to 20MW solar and/or battery systems in or near CEA’s service area. These would be projects larger than the Feed-in-Tariff (FIT) size range of <1MW and would require an additional level of expertise and involve more tailored offtake contract structuring. This RFQ is an ongoing or rolling RFQ with no end date; therefore, CEA is accepting and will continue to accept new submissions into the future.
CEA is requesting and evaluating submissions to this RFQ based on:
• Experience on past projects (as a firm and for specific team members) • Financing approach and financial stability to bring projects to completion • Reference checks
Successful respondents will be able to submit local projects to CEA for consideration, either under future solicitations or through direct offers. CEA has also received inquiries from Member Cities and customers regarding the specific site opportunities where solar and storage might be appropriate, and CEA can use the list of responsive contractors under this RFQ to explore such opportunities as they are brought forward. To date, CEA has received 5 submissions; one is in process (reference checks), and four have been deemed successfully responsive. Individual projects proposed through this process would be brought to the Board for consideration and approval pursuant to CEA’s Energy Risk Management policy.
Procurement Update – Open Offer Form
In addition to CEA’s time-limited solicitations (e.g., RFP released earlier this year), CEA has now developed a process for intaking offers from developers year-round via our Open Offers Form. This is a common structure used by several other CCAs to review and potentially pursue project offtake opportunities that may not have been submitted during specific RFP windows.
Through this process, CEA is currently prioritizing review of projects offering local Resource Adequacy capacity, projects local to CEA’s service area, alternative technologies (e.g., wind/geothermal), and projects with nearer-term commercial operation dates (CODs) of earlier than 2028. These types of opportunities can be harder to come by and contract with before they are already spoken for, when they come through under RFPs.
September 26, 2024
CEO Admin Report
Projects are evaluated based on CEA’s Bid Evaluation Criteria, taking into account each project’s commercial readiness and development status, developer experience, project fit within CEA’s supply portfolio, and price/value. Should projects submitted through this process come to fruition, they would be brought forward for Board consideration pursuant to CEA’s Energy Risk Management policy.
Risk Oversight Committee
Pursuant to CEA’s Energy Risk Management Policy, the Risk Oversight Committee met on Monday, September 9, 2024. The Committee again reviewed CEA’s proposed Fiscal Year (FY) 2024/2025 Budget as well as current energy market prices, CEA load forecast and their impact to CEA’s 5-year budgetary outlook. Recent and upcoming procurement activity, current portfolio positions, future procurement and Resource Adequacy (RA) positions and the Slice of Day (SOD) RA Framework were also discussed. The next regular meeting of the Committee is scheduled for December 5, 2024.
Contracts $50,000 - $100,000 entered into by Chief Executive Officer
VENDOR DESCRIPTION AMOUNT
None
FISCAL IMPACT:
There is no fiscal impact with this action.
Submitted for Board consideration:
___________________________________
Gregory Wade
Chief Executive Officer
ATTACHMENTS:
None.
Staff Report
DATE: September 26, 2024
TO: Clean Energy Alliance Board of Directors
FROM: Gregory Wade, Chief Executive Officer
ITEM 5: Receive Regulatory Update from Keyes & Fox
RECOMMENDATION:
Receive the Regulatory Update from Keyes & Fox.
BACKGROUND AND DISCUSSION:
Clean Energy Alliance contracts with Keyes and Fox for Regulatory Advocacy related activities. Each month Keyes and Fox provides an update to the CEA Board on key items of interest.
FISCAL IMPACT:
There is no fiscal impact from this action.
Submitted for Board consideration:
___________________________________
Gregory Wade
Chief Executive Officer
ATTACHMENTS:
A. Keyes & Fox Regulatory Report
1 Clean Energy Alliance
Regulatory Monitoring Report
To: Clean Energy Alliance (CEA) Board of Directors
From:
Tim Lindl, Partner, Keyes & Fox LLP
Jacob Schlesinger, Partner, Keyes & Fox LLP
Jason Hoyle, Principal Analyst, EQ Research, LLC
Subject: Monthly Regulatory Memo
Date: September 16, 2024
Keyes & Fox LLP and EQ Research LLC are pleased to provide CEA’s Board of Directors with this informational memo describing recent developments in key California regulatory and compliance-related updates from the California Public Utilities Commission (CPUC). Additional information is available in CEA’s Digest of Regulatory Updates.
Integrated Resource Planning (R.20-05-003)
• A September 11 ALJ Ruling invited comments on the Commission Staff’s proposed electricity resource portfolios for use in the California Independent System Operator’s (CAISO’s) 2025-2026 Transmission Planning Process (TPP) that determines the priority of transmission investments to support new generation resources. The proposed base case portfolio is designed to be similar to the 2024-2025 TPP base case, with the same policy assumptions. Cumulative new capacity in the proposed portfolio is 40 GW in 2030, 62.9 GW in 2035, 98.8 GW in 2040, and 127.4 GW in 2045. The proposed portfolio includes no new natural gas resources, 22.4 GW of long-duration storage of 8 or more hours, 15.7 GW of 4-hour battery storage, 61.8 GW of new solar, 4.5 GW of offshore wind, 24.7 GW of on-shore wind (15.7 GW of which is out of state), and 1.6 GW of geothermal resources by 2045.
• On September 12, the CPUC adopted as D.24-09-006 (not yet issued) the Revised Proposed Decision allowing the temporary use of bridge resources for up to three years from the June 1, 2025 compliance deadline as an alternative compliance mechanism for LSEs to meet the Diablo Canyon replacement resource category procurement requirement in D.21-06-035. For reference, this relates to an LSE procurement requirement established in D.21-06-035 under which LSEs must acquire 2,500 MW of incremental zero-emitting capacity online by June 1, 2025, along with an energy component (i.e., generation or storage-paired generation), to support reliability after the planned closure of Diablo Canyon. • Revisions to the original Proposed Decision clarify that re-contracting with resources that are retiring or have expiring or expired contracts may be used for compliance with this Decision. Additionally, the Proposed Decision was revised to specify that contracts with California Air Resources Board-approved Asset Controlling Suppliers may be counted towards the requirements of this Decision, even if the contract is not with a specific hydroelectric resource.
Wildfire-related Activities
• On August 21, the Office of Energy Infrastructure Safety (OEIS) issued a Draft Decision presenting its evaluation of the SDG&E 2025 Wildfire Mitigation Plan (WMP) Update. SDG&E updated its risk model to improve its assessment of dependencies among segments of its distribution system with different voltages, add updated wind gust metrics, and to enhance accuracy of probability assessments of public safety power shutoff estimates. SDG&E plans to transition to the use of probability distributions by the 2026-2028 Base WMP cycle and to switch from the current risk-spend efficiency approach to a cost-benefit approach. • On September 6, the ALJ issued a Ruling authorizing party comment on the Department of Water Resources’ (DWR’s) 90-day Notice Regarding the 2025 Wildfire Non-Bypassable Charge (WF NBC) that takes effect on January 1, 2025. The Wildfire Rate Agreement approved in D.19-10-056 set an annual revenue requirement of $902.4 million. The 90-day Notice sets the WF NBC for 2025 at $6.01/MWh, or $0.00601/kWh - a slight increase from the 2024 WF NBC charge4 of $5.61/MWh. At that level, the 2025 NBC is expected to generate Attachment A
2 $930.1 million in revenue, with $27.7 million being allocated to make up for the projected undercollection in 2024.
• On September 13, the CPUC’s Safety Policy Division issued Draft Resolution SPD-26 that would retain the existing performance metrics for the 2026 WMPs and Draft Resolution SPD-27 that would approve the WMP compliance process with the proposed change from a quarterly to annual inspection cycle. Both draft resolutions are scheduled to be heard at the October 17 Commission meeting.
Energization Timelines (R.24-08-018)
• This proceeding was opened in early 2024 in response to legislation requiring the Commission to establish timelines for electric companies like SDG&E to complete work in response to customer requests for service energization and to provide customers with a means of reporting energization delays to the Commission.
Energization work is essential to support customer adoption of EVs, building electrification, and distributed generation and storage systems. Phase 1 must be completed by September 2024 and establishes energization targets and the customer reporting process, and Phase 2 will consider improvements to energization tracking and reporting.
• The Commission adopted the Revised Phase 1 Proposed Decision as D.24-09-020 at its September 12 meeting. The decision establishes average and maximum energization targets and timelines for work activities and upgrades to be completed by PG&E, SDG&E, and SCE. The decision sets a target for average completion time of energization work by IOUs of between 125 and 182 calendar days, and a target for maximum completion time of energization work by IOUs of between 210 and 245 business days, depending on the type of energization work. SDG&E’s current timelines are below the average target for several types of energization work, but it must accelerate its timelines for all projects by between 5% and 53% to meet the maximum targets. Utility reports on progress completing work on projects that have been delayed for over a year are due December 1.
Other Topics
• On August 27, the CPUC issued a Proposed Decision updating the General Order (GO) 156 Supplier Diversity Program which may be heard as soon as the September 26 Commission meeting. The decision requires participating entities to share existing publicly available, nonconfidential reports and electronic links to data submitted in other jurisdictions pertaining to workforce diversity, including and not limited to data provided to the EEOC (e.g., simultaneous submission of the EEO-1 form with other required information to the Commission) in all future GO 156 annual reports. This requirement is effective on a permanent basis starting with the 2024 GO 156 annual reports due on March 1, 2025. • The Commission also encourages voluntary inclusion of diversity data that EEO-1 does not require such as information on LGBT and disabled employees, voluntary submission of all internally produced annual diversity reports the utilities create for their own recordkeeping and purposes, and voluntary reporting of diversity and inclusion initiatives. The Commission will require participating entities to provide a brief description of their board diversity data that will be publicly available in their annual GO 156 report submissions on a permanent basis effective with the 2024 reporting year.
• At its September 12 meeting, the Commission also adopted, as D.24-09-005, the Proposed Decision directing PG&E, SCE, and SDG&E to continue to allocate all types of payments made on past-due electric utility bills between utilities and CCAs based on their proportionate share of those past-due bills, regardless of the customer’s disconnection status, unless and until the Commission orders otherwise. This proportional allocation method, as directed in D.21-11-014 of R.21-02-014, was set to expire in September 2024.
Staff Report
DATE: September 26, 2024
TO: Clean Energy Alliance Board of Directors
FROM: Gregory Wade, Chief Executive Officer
ITEM 6: Consideration of Resolution No. 2024-018 Approving Amendments to the Community Advisory Committee Policy
RECOMMENDATION:
Adopt Resolution No. 2024-018 approving amendments to the Community Advisory Committee (CAC) Policy.
BACKGROUND AND DISCUSSION:
Clean Energy Alliance adopts policies to guide its operational practices and procedures and to ensure compliance with applicable laws and regulatory compliance. CEA posts adopted polices to its website for public access and they can be found at www.TheCleanEnergyAlliance.org/key-documents/.
As laws and best practices change, staff reviews current policies and brings recommendations for updated policies to the CEA Board for approval as needed. On March 30, 2023, at its regular meeting, the CEA Board of Directors (Board) approved revisions to CEA Policy No. 20, Chair-Vice Chair Term Limit Policy.
Currently, the Chair-Vice Chair Term Limit Policy states that the CAC Chair is an Alternate Board Member, appointed by the Board. The CAC Policy currently states that the Chair is appointed by the CAC. The recommended change to the CAC Policy will bring the CAC Policy into alignment with the Board’s Chair-Vice Chair Term Limit Policy.
The proposed amendments also include revising the terms of the CAC members from three-year terms, with a two-year term limit, to two-year terms without term limits. CAC members who wish to continue serving on the committee after completion of their term may reapply for consideration of reappointment by the Board. These amendments would allow existing CAC members the opportunity to continue serving if they chose to seek reappointment, while also providing opportunities for engagement and participation from other members of the public.
FISCAL IMPACT:
There is no fiscal impact with this action.
September 26, 2024
CAC Policy Review
Submitted for Board consideration:
___________________________________
Gregory Wade
Chief Executive Officer
ATTACHMENTS:
A. Resolution No. 2024-018, approving amendments to the Community Advisory Committee Policy a. Exhibit 1 - Redline Version of Community Advisory Committee Policy with proposed changes
CLEAN ENERGY ALLIANCE
RESOLUTION NO. 2024-018
A RESOLUTION OF THE CLEAN ENERGY ALLIANCE BOARD OF DIRECTORS
AMENDING THE COMMUNITY ADVISORY COMMITTEE POLICY
WHEREAS, Clean Energy Alliance (“CEA”) is a joint powers authority established on November 4, 2019, and organized under the Joint Exercise of Powers Act (Government Code Sections 6500 et seq.); and
WHEREAS, CEA now currently includes the following members: the City of Carlsbad, the City of Del Mar, the City of Escondido, the City of Oceanside, the City of Solana Beach, the City of San Marcos and the City of Vista; and
WHEREAS, on July 16, 2020, the Board of Directors of the CEA (“Board”) approved the Community Advisory Committee Policy; and
WHEREAS, the Board desires to amend such Policy.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the Clean Energy Alliance, as follows:
Section 1. The Board hereby amends the Community Advisory Committee Policy to read as indicated on Exhibit 1 hereto (strikeouts indicate deletions and underlines indicate additions), which is fully incorporated herein by this reference. The updated Policy shall be kept on file with the Board Secretary of CEA and available to the public for inspection on CEA’s website.
The foregoing Resolution was passed and adopted this 26th day of September 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
APPROVED:
________________________________________
David Druker, Board Chair
ATTEST:
____________________________
Kaylin McCauley, Board Secretary
Attachment A
Clean Energy Alliance CAC
Amended September 26, 2024
July 16, 2020
2 COMMUNITY ADVISORY COMMITTEE
POLICY PURPOSE AND SCOPE
Community Advisory Committee (CAC) Authorization
Section 5.9 of the Clean Energy Alliance (CEA) Joint Powers Authority (JPA) Agreement provides the authority for the CEA Board to establish an advisory committee to assist the Board in implementing and operating its CCA program. Pursuant to the JPA Agreement, the committee should have equal representation from the member agencies. The Board may establish criteria to qualify for appointment to the committee, and establish rules, regulations, policies or procedures to govern the committee.
CAC Membership Criteria
• The CAC membership shall consist of two (2) appointees from each CEA member agency and 1 Board Alternate. CAC committee members shall serve staggered two (2) three (3) year terms with a two-term limit. In the inaugural year of an agency joining CEA, one appointee seat from each the member agency shall serve two (2)one (1) years. • CAC Members may reapply at the end of each term for consideration of reappointment by the Board.
• Committee members serve at the pleasure of the Board. • CAC members will be subject to all applicable conflict of interest laws and may be required to disclose potential conflicts by filing a Form 700 Statement of Economic Interest. (Information about conflicts of interest and Form 700 can be found here:
http://www.fppc.ca.gov/Form700.html.
• Members shall be residents (property owners or renters) or business owners within the service territory of CEA.
• CAC membership will be considered for those that have a relevant background in or expertise related to one or more of the following fields: electricity, community outreach or engagement, or policy advocacy.
Exhibit 1 to
Attachment A
Clean Energy Alliance CAC
Amended September 26, 2024
July 16, 2020
3 • Applicants must be committed to serving on the CAC and attending regular committee meetings, and occasional CEA Board meetings. Committee meetings will be held quarterly bi-monthly unless additional meetings are directed by the Board. Members are expected to maintain a good attendance record. A committee member will may be removed from the CAC if the member has two consecutive unexcused absences from CAC meetings or has unexcused absences from more than 25% of the CAC meetings in a calendar year.
• The CAC is subject to the Brown Act and all meetings will be publicly noticed and held in public settings pursuant to requirements of the Brown Act. • CAC meetings, times and location will be determined annually by the CEA Board. • The CAC will elect a Chair who will facilitate meetings and provide reports to the Board as needed.Chair is appointed by the Board, per CEA Policy No. 20, Chair and Vice Chair Term Limits Policy.
CAC Purpose & Objectives
The purpose of the CAC is to advise the CEA Board of Directors on those matters concerning the operation of its Community Choice Aggregation (CCA) program as directed by the Board of Directors in an annual workplan for the CAC that is adopted by the Board. The objectives of the CAC are to provide feedback to the Board, act as a liaison between the Board and the community and serve as a forum for community input on those matters assigned to the CAC in the annual workplan. The CAC shall not have any decision-making authority but will serve as an advisory body to the Board of Directors.
CAC Member Selection Process
Applicants must complete and submit the Clean Energy Alliance Community Advisory Committee Application (Attachment A). Board Members will nominate two applicants from their respective communities to the full Board for approval. In addition, the full Board will select one Board Alternate to Chair participate on the CAC.
Clean Energy Alliance CAC
Amended September 26, 2024
July 16, 2020
4 Attachment A
Clean Energy Alliance
Community Advisory Committee Application
CAC Purpose & Objectives
The purpose of the CAC is to advise the CEA Board of Directors on those matters concerning the operation of its Community Choice Aggregation (CCA) program as directed by the Board of Directors in an annual workplan for the CAC that is adopted by the Board. The objectives of the CAC are to provide feedback to the Board, act as a liaison between the Board and the community and serve as a forum for community input on those matters assigned to the CAC in the annual workplan. The CAC shall not have any decision-making authority but will serve as an advisory body to the Board of Directors.
NAME:
ADDRESS:
PHONE: EMAIL:
Are you a resident/business owner of one of the CEA member cities? If yes, which city:
Please attach a current resume and respond to the following questions. Please attach a separate sheet if additional space is needed.
What experience/perspective will you bring to the committee? Clean Energy Alliance CAC
Amended September 26, 2024
July 16, 2020
5 Describe any relevant background in or expertise related to one or more of the following fields:
electricity, community outreach or engagement, or policy advocacy.
Do you have any interests or associations that might present a conflict of interest? If yes, please explain:
What do you hope to accomplish as a member of the Clean Energy Alliance Community Advisory Committee?
Please provide three references
NAME Phone Number Relationship
Clean Energy Alliance CAC
Amended September 26, 2024
July 16, 2020
6 By signing below, I acknowledge that I have sufficient time to actively participate in the Clean Energy Alliance Community Advisory Committee for the benefit of the program and the communities it serves. I understand that committee members are subject to conflict of interest laws and required to disclose potential conflicts by filing Form 700 Statement of Economic Interest.
Signature:
Date:
Completed applications should be emailed to: [email protected] Staff Report
DATE: September 26, 2024
TO: Clean Energy Alliance Board of Directors
FROM: Gregory Wade, Chief Executive Officer
ITEM 7: Provide Direction Regrading Distribution and Use of Fiscal Year 2024/25 Budgeted Program Funds
RECOMMENDATION:
Provide direction regarding distribution and use of Fiscal Year 2024/25 budgeted Program Funds.
BACKGROUND:
As part of the adopted Fiscal Year 2024/25 Budget, the Clean Energy Alliance (CEA) Board approved $600,000 for programs to CEA customers.
Section 7.6 of the CEA Joint Powers Authority (JPA) Agreement provides the following direction regarding expenditure of discretionary revenues:
• Discretionary revenue may be used to:
o Provide programs and develop projects of CEA;
o Allow Member Agencies to direct funds into qualified CEA programs and projects or other customer benefits.
• The Board shall endeavor to achieve a balanced distribution of program and project benefits substantially commensurate with each Member Agency’s energy load; • The Board shall conduct periodic audits no less than every two years to verify the balanced distribution of program and project benefit and take corrective action necessary to achieve or continue to maintain a balanced distribution.
In order to ensure compliance with the JPA Agreement, staff evaluated the proportional share of the budgeted $600,000 program funds and determined the following allocation based on load:
September 26, 2024
Program Funds
MEMBER AGENCY 12-MONTHS USAGE
(MWh) Percentage (%) of Load Allocation of Funds
City of Carlsbad 587,116 28% $168,000
City of Del Mar 25,178 1% $6,000
City of Escondido 443,426 21% $126,000
City of Oceanside 467,097 22% $132,000
City of San Marcos 260,126 12% $72,000
City of Solana Beach 57,264 3% $18,000
City of Vista 275,071 13% $78,000
Total Territory 2,115,278 100% $600,000
During a recent Board Meeting, staff received a request from a Board Member to evaluate the feasibility of providing a rebate of a portion of the Power Charge Indifference Adjustment (“PCIA” or “Exit Fee”) charged by San Diego Gas & Electric (SDG&E) to CEA’s customers, and in particular, customers that are qualified and enrolled in the CARE program.
Funding for the rebate would come from the budgeted $600,000 of Program funds. Based on the funding available for each Member Agency under Section 7.6 of the JPA Agreement, and taking into account the number of CARE customers in each city, the resulting one-time rebate per customers by city is shown below should the Board wish to allocate the funds in this manner:
MEMBER AGENCY # OF CARE CUSTOMERS $ PER CUSTOMER
City of Carlsbad 5,002 $33.58
City of Del Mar 95 $63.15
City of Escondido 17,527 $7.18
City of Oceanside 15,562 $8.48
City of San Marcos 7,800 $9.23
City of Solana Beach 409 $44.01
City of Vista 10,221 $7.63
The number of CARE customers in CEA’s territory are not distributed among its Member Agencies in the same proportion as load. As a result. There is a significant discrepancy in the amounts CARE customers would receive in each city. Specifically, cities with the lowest number of CARE customers would receive a greater benefit per customer. If the objective is to provide a benefit to customers most in need of such a possible PCIA rebate, the above allocations would not equitably distribute such a benefit. It is also important to note that this type of benefit would be a one-time rebate and would not provide an ongoing benefit to CARE customers.
CEA’s Member Agencies do not have to utilize their allocated program funds in the same program, which provides flexibility to evaluate other possible uses of the funds that would provide benefit to their customers. Another program option a Board Member could consider for their city is to utilize their share of the program funds to help fund the solar and battery storage equipment cost provided through CEA’s Solar Plus program. This would result in a lower charge for the solar energy and the opportunity customers September 26, 2024
Program Funds
to realize ongoing savings on their total electric bill for as long as the system is in use. Staff is currently working on a proposed new expansion of our Solar Plus program which will benefit CARE/FERA customers by utilizing Self Generation Incentive Program (SGIP) grant funds from the California Public Utility Commission (CPUC), which would greatly reduce the purchase price of solar and battery storage systems thereby reducing program rates charged to customers. Board Members could then consider utilizing CEA’s program funds to further reduce customer electric bills through this new program. The SGIP program will be coming to the Board for consideration at its October Board meeting.
Staff seeks Board input on utilization of the budgeted program funds.
FISCAL IMPACT:
There is no impact by this action. Any future programs approved by the Board would be funded through the approved Program budget funds.
Submitted for Board consideration:
___________________________________
Gregory Wade
Chief Executive Officer
ATTACHMENTS:
None.