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. Please submit a Speaker’s Slip to the Board Clerk prior to the announcement of the item to be heard. In conformance with the Brown Act, no Board action can occur on items presented during Public Comment.
1 Board of Directors Meeting
June 25, 2026
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. Please submit a Speaker’s Slip to the Board Clerk prior to the announcement of the item to be heard. In conformance with the Brown Act, no Board action can occur on items presented during Public Comment.
3 Item 6: CEO Operational and
Administrative Report
4 CEA Enrollment Stats
5 Member City Eligible
Accounts
Clean Impact –
50% Renewable
Clean Impact
Plus - 75%
Carbon Free
Green Impact –
100% Renewable
Participation
Rate
Carlsbad 55350 208 49449 659 91%
Del Mar 3027 9 2758 71 94%
Escondido 57321 182 53503 69 94%
Oceanside 74800 238 69381 103 93%
San Marcos 38157 131 35412 70 93%
Solana Beach 7994 18 7143 164 91%
Vista 39588 98 37007 343 94%
TOTAL 276,237 884 254,653 1,479 93%
CEA serves a total of 257,016 customer accounts across its seven member agencies Metrics as of June 8, 2026.
Item 6
Completed Community Events
6 Item 6
DATE DESCRIPTION CITY
May 28, 2026 CEA 5-Year Anniversary Carlsbad
May 30-31st,
2026 Fiesta Del Sol Solana Beach
June 2, 2026 Del Mar City Council Presentation Del Mar
June 18, 2026 San Onofre Nuclear Power Plant Tour Pendleton June 20, 2026 NSDC NAACP Juneteenth Festival Oceanside
June 20, 2026 AD76 Family Palooza Escondido
Upcoming Community Events
7 Item 6
DATE DESCRIPTION CITY
July 25, 2026 Carlsbad Food and Wine Festival Carlsbad
August 4, 2026 National Night Out Oceanside
August 8, 2026 Flapjacks for Backpacks San Marcos
August 11, 2026 Vista City Council Presentation Vista
September 30,
2026 CPUC Small & Diverse Business Expo San Francisco
October 1, 2026 CPUC - GO 156 Supplier Diversity En Banc San Francisco Webinar - Understanding Your Bill
• English and Spanish webinar(s) were held on May 21, 2026 • Participants learned where to find their bill, how to read their bill, bill assistance options and CEA program offerings including the Rate Relief Credit
• Recordings are available on YouTube:
8 Item 6
English Spanish
9 Solar Plus and Battery Bonus Update
Member
City Solar Plus Solar Plus Connect Battery Bonus Battery Bonus Connect Status Active Complete Active Complete Active Complete Active Complete Carlsbad 5 1 3 0 0 3 3 7
Del Mar 0 0 1 0 0 0 1 0
Escondido 5 5 13 0 0 0 3 9
Oceanside 6 2 6 0 0 0 3 11
San Marcos 7 2 3 0 1 0 2 5
Solana
Beach
2 0 1 0 0 0 1 1
Vista 5 2 7 0 1 1 4 9
TOTAL 30 12 34 0 2 4 17 42
Metrics as of June 9, 2026.
Item 6
Connect Programs SGIP Funding
Member City Solar Plus Connect Battery Bonus
Connect
Carlsbad $85,120 $178,200
Del Mar $26,032 $0
Escondido $398,748 $237,600
Oceanside $180,315 $246,599
San Marcos $89,877 $158,400
Solana Beach $25,426 $39,600
Vista $164,972 $271,596
TOTAL $970,490 $1,131,996
10 Metrics as of June 9, 2026.
Item 6
PeakSmart Savers Participants
Member City PeakSmart Savers
Participants
Carlsbad 12
Del Mar 1
Escondido 8
Oceanside 16
San Marcos 3
Solana Beach 0
Vista 15
TOTAL 55
11 Metrics as of June 9, 2026.
Item 6
Rate Relief Credit Opt-Downs
Member City Commercial Residential Total
Carlsbad 44 44
Del Mar 2 2
Escondido 1 27 28
Oceanside 39 39
San Marcos 1 17 18
Solana Beach 2 2
Vista 15 15
TOTAL 2 146 148
12 Metrics as of June 9, 2026.
Item 6
Risk Oversight Committee (ROC)
13 Item 6
• The Risk Oversight Committee (ROC) met on June 16, 2026 • Staff provided an update on CEA’s portfolio including energy hedges and how CEA is meeting its renewable and carbon-free energy, resource adequacy and incremental capacity obligations
• CEA is looking good to meet remaining 2026 power supply needs across all categories
• At their March 2026 meeting, the ROC received additional information on CEA’s consideration of prepayment bonds. • Staff/ROC will provide a full report at the July 30th Board Meeting
• The next quarterly ROC meeting is scheduled for September 3, 2026
Questions/Discussion – Item 6
14 Item 7: AB 2561 Public Hearing
Status of Vacancies, Recruitment
and Retention Efforts
15 16
Item 7
AB 2561 Public Hearing
• Assembly Bill (AB) 2561 created a new obligation beginning on January 1, 2025, for public agencies to present the status of vacancies and recruitment and retention efforts
• The public hearing will be held at least once per fiscal year prior to adopting an annual budget.
• During the hearing, the public agency is required to identify any necessary changes to policies, procedures, and recruitment activities that may lead to obstacles in the hiring process. • The law also allows recognized employee organizations an opportunity to present at the public hearing, however, CEA does not have a recognized employee organization.
17 Item 7
AB 2561 Public Hearing
• For Fiscal Year (FY) 2025/2026, six (6) vacancies were filled and one (1) position was created following the recruitment process in FY 2024/2025 with no current vacancies:
Position Department Posted Hired
Reason for
Vacancy
Exec. Assistant/Office Manager Operations 3/5/2025 Yes New Position Account Services & Data Analyst Programs/Key Accounts 1/12/2026 Yes New Position Contracts & Compliance Analyst Power Supply 1/12/2026 Yes New Position Finance Manager Finance 1/12/2026 Yes New Position
Programs Analyst Programs/Key Accounts 1/12/2026 Yes New Position Programs Specialist Programs/Key Accounts 1/12/2026 Yes New Position Regulatory & Legislative Affairs
Analyst Regulatory/Legislative 1/12/2026 Yes New Position 18 Item 7
AB 2561 Public Hearing
• The CEA Board is being asked to authorize four (4) additional positions with approval of the FY 2026/2027 Budget
• The four (4) positions include a Rates Specialist or Analyst, a Marketing Specialist or Analyst and an HR position; the fourth position is undetermined
• Staff will report on these vacancies and recruitments periodically during the next fiscal year as well as during the next annual AB 2561 public hearing for FY 2026/2027
19 Item 7
AB 2561 Public Hearing
• CEA conducts an extensive and deliberate recruitment process designed to attract, interview and select the mostly highly-qualified candidates • CEA began FY 2025/2026 with ten (10) full-time employees and now has a total of seventeen (17) full-time employees with no employee turnover the past fiscal year.
• CEA’s retention efforts include offering competitive wages, generous retirement benefits, a technology allowance, flexible spending account, generous vacation and sick time, and 11 paid holidays including a winter break • Because CEA has been successful in filling vacant positions year and retaining its employees, no changes are being recommended to its recruitment process and retention efforts.
20 Item 7
AB 2561 Public Hearing
RECOMMENDATION:
That the Clean Energy Alliance (CEA) Board of Directors (Board):
1. Conduct the Public Hearing: Open the Public Hearing, Receive Public Testimony, and Close the Public Hearing; and
2. Accept this AB 2561 Report on the status of CEA employee vacancy rates and recruitment and retention efforts.
Questions/Discussion – Item 7
21 Item 8: Regulatory Update
22 Clean Energy Alliance: Regulatory Update
Tim Lindl – Keyes & Fox LLP
June 25, 2026
Item 8
Overview
● Power Charge Indifference Adjustment (PCIA)
Rulemaking (R.25-02-005)
● SDG&E General Rate Case (A.26-06-015)
24 Item 8
25 PCIA Rulemaking
Track Scope Event Date
One RA Market Price Benchmark
Methodology Change Complete – D.25-06-049 June 27, 2025 Two Pre-2019 Banked Renewable
Energy Certificate Valuation
Evidentiary Hearing June 2
Briefing June 16, 25
Decision (PD by Aug 17) September 17
Three Broad review of PCIA
methodology
Workshops June 8-9, 15
Comments July 9, 16
Item 8
26 PCIA Track 3 Workshops
● Day One: Whether blue sky ideas on indifference should be in scope
● Day Two: How to prioritize changes to the existing methodology ● Day Three: Equal access to IOU data on the PCIA
Item 8
27 SDG&E Phase I General Rate Case
● Application 26-06-015 -- filed June 15 – a quadrennial filing ● Requests a base electric revenue requirement increase for 2028 of $72 million over its expected 2027 revenue requirement, which would increase its total electric revenue requirement to $2.9 billion, to be effective January 1, 2028.
Item 8
28 SDG&E Phase I General Rate Case
Some issues of note:
● $314 million for capital expenses and $173.5 million in O&M expenses for wildfire mitigation and vegetation management.
● $683.6 million in distribution capital expenditures and $138.4 million for distribution O&M expenditures
● $36.06 million in capital expenditures for Grid Modernization, with $8.83 million being primarily driven by DER integration.
● SDG&E is proposing $12.1 million in capital expenditures and $48.7 million in O&M expenditures in 2028 related to electric generation, including two battery energy storage systems.
Item 8
29 SDG&E Phase I General Rate Case
Item 8
QUESTIONS?
Tim Lindl
[email protected]
(510) 314-8385
30 Item 8
Questions/Discussion – Item 8
31 Item 9: Consider Adoption of
Resolution No. 2026-033
Approving Clean Energy Alliance
2026 Integrated Resource Plan
32 33
Item 9
Background
• SB 350 requires load-serving entities (LSEs) to file an Integrated Resource Plan (IRP) with the California Public Utilities Commission (CPUC) for certification. These IRPs ensure that LSEs have a plan to meet the Renewable Portfolio Standards (RPS) and greenhouse gas reduction targets established by SB 350 through 2045. • PUC Section 454.52(b)(3) requires that the IRP of a CCA be submitted to its governing board for approval and shall achieve the following:
(A) Economic, reliability, environmental, security, and other benefits and performance characteristics that are consistent with the goals of achieving 40% reduction in GHG emissions from 1990 levels by 2030 and procure 60% renewable energy resources by December 31, 2030.
(B) A diversified procurement portfolio consisting of both short-term and long-term electricity and electricity-related and demand reduction products. (C) Resource Adequacy requirements.
• CEA is submitting our IRP for Board approval today. CEA may choose resources different from its IRP in the future, based on changing market and grid conditions. 34 IRP Framework and Process
Statewide planning
assumptions and templates are
developed
Load growth
Resource availability
Resource costs
Assumed future grid
composition and resulting
LSE portfolio impacts
(curtailment, reliability)
LSEs submit IRPs with
preferred resource mix
Narrative
Reliability checks
GHG & RPS checks
CPUC turns LSE plans
into statewide Preferred
System Plan (PSP)
CAISO uses PSP to
inform transmission
planning
Item 9
35 CEA’s Planned 2045 Resources
CEA’s IRP largely follows
the State’s PSP;
modifications involved a
slight increase in
geothermal and decrease in
wind, and adjustments
between storage duration
options.
CEA also provided context
on how a lower load growth
assumption would reduce
procurement needs by
420MW of storage and
630Mw of solar.
Resource Category Statewide Portfolio
(MW)
CEA’s Proportional
Share of Statewide
New Resources (MW)
CEA’s PCP (MW)
Geothermal 3,230 44 97
Geothermal (Enhanced) 674 9 0
Biomass 12 0 0
In-State Wind 10,949 148 104
Out-of-State Wind 19,036 257 109
Offshore Wind - 0 0
Solar 82,732 1,117 1,395
Li-ion Battery (4-hr) 6,758 91 304
Li-ion Battery (8-hr) 21,102 285 800
Location Constrained
Storage (12-hr)
8,499 115 0
Item 9
36 CEA’s Planned Resources – RPS &
Emissions
To meet CEA’s projected ~4,500 GWh of demand in
2045, solar is the primary resource utilized, followed by geothermal and wind generation.
Storage charging inefficiency shows as a negative in this summary view.
CEA’s IRP meets required emissions reductions targets in 2030 through 2045.
Item 9
(2,000)
-
2,000
4,000
6,000
Geothermal GWh Wind CAISO GWh
Wind Out Of State GWh Solar Utility Scale GWh
Battery Storage GWh
CEA’s 2045 Renewable Generation
IRP Emissions Targets (MMT/yr)
2030 2035 2040 2045
CEA’s
Requirement 0.32 0.26 0.21 0.11
CEA’s IRP 0.22 0.17 0.12 0.06
37 CEA’s Planned Resources - Reliability
CEA’s planned resources
meet reliability
requirements.
Reliability requirements of
the grid show continued
need for 24/7 resources
(currently primarily natural
gas), though their day-to-day usage is anticipated
to be very limited; these
could be replaced in the
future by clean firm
resources or augmented
with carbon capture.
Reliability contributions of solar+storage and
standalone storage decreases over time
Item 9
Questions/Discussion – Item 9
38 Item 10: Consider Adoption of
Resolution No. 2026-034
Approving the Fiscal Year
2026/2027 Budget
39 Fiscal Year 2026-2027
Operating Budget
Recommendation
June 25, 2026
Item 10
FY2026-2027 Budget Timeline
• Board Meeting May 28, 2026 – Initial Budget Review
• With actual financial results through February 2026
• CAC Meeting June 11, 2026 – Final Budget Review
• With actual financial results through February 2026
• Board Meeting June 25, 2026 – Final Budget Recommendation • With actual financial results through April 2026
41 Item 10
Financial Performance Projected through June 30, 2026
42 YTD Actual through
4/30/2026
YTD Budget through
4/30/2026
Variance: Favorable /
(Unfavorable)
Full Year Forecast
FY2025-2026
Full Year Budget
FY2025-2026
Variance: Favorable /
(Unfavorable)
Total Operating Revenues $322,435,204 $324,304,196 ($1,868,992) $381,090,001 $383,146,909 ($2,056,908)
OPERATING EXPENSES
Total Cost of Goods Sold (Energy Expense) 260,511,175 285,382,303 24,871,127 311,418,164 333,540,321 22,122,157 Other Operating Expenses (excluding COGS) 9,171,027 11,162,665 1,991,638 11,198,765 13,363,246 2,164,480 Total Operating Expenses $269,682,202 $296,544,967 $26,862,766 $322,616,930 $346,903,567 $24,286,637 OPERATING INCOME/(LOSS) $52,753,002 $27,759,229 $24,993,773 $58,473,071 $36,243,342 $22,229,730 NON-OPERATING REVENUES (EXP.) - -
Total Nonoperating Income/(Expense) 603,088 (318,611) 921,699 912,714 (380,692) 1,293,405 - -
CHANGE IN NET POSITION $53,356,090 $27,440,618 $25,915,472 $59,385,785 $35,862,650 $23,523,135 Beginning Net Position $21,379,112 $21,379,112 $14,787,266 Ending Net Position $74,735,203 $80,764,898 $50,649,916 Days Liquidity on Hand 116 112 81
Year-to-date Full Year
Item 10
Key Observations for Full Year (FY2026)
• Current forecast is to end the year with Change in Net Assets of $59.4 million
• $23.5 million above Budget
• End year with positive $80.8 million of Net Position
• DLOH at 112 versus Budget of 81
• Revenues slightly below Budget
• $2.1 million (0.5% below Budget)
• Energy expenses
• Forecast of $22.1 million below Budget
• Some components above Budget and some below Budget
• Contingency mostly not needed this fiscal year as prices stayed unusually low for most of the year
• Other Expenses
• Forecast of $2.2 million below Budget
• Expenses at 2.9% of revenues
43 Item 10
FY2026-2027 Budget Detail
Item 10
Key Assumptions
• Rates
• Assuming no change in rates from current levels through the 5-year projection • Note: CalCCA rate projections show potential for significant SDG&E generation rate decrease next year
• Revenues
• Assumes $0.8 million of rate credit per month through December 2026 related to Rate Relief credit • No load growth (for conservatism)
• Customers – number, mix and usage all flat
• Programs Budget –
• Targeting 3% of Revenues at end of 5 years (other CCAs are 3-5%) • FY2027 - $0.5 million (0.1% of revenues)
• FY2028 - $2.5 million (0.7%)
• FY2029 - $5.0 million (1.3%)
• FY2030 - $8.0 million (2.1%)
• FY2031 - $11.7 million (3.1%)
45 Item 10
Key Assumptions – Staffing
• Staffing and Administration
• Today – 17 positions
Assume: 4 new positions in Budget year
• Rates Specialist or Analyst
• HR Part-time
• Marketing Specialist or Analyst
• Employee 4 (TBD)
46 Item 10
Key Assumptions – Energy Costs
• Contingency
• Includes 10% contingency
• Approximately $25-28 million per year
• NEM Expenses
• Assuming 20% growth in FY27 over FY26 estimate
• FY25 growth was 40%
• FY26 growth forecasted to be 40%
• FY28 to FY31 - 10% growth
47 Item 10
Other Observations – Energy Costs
• RA – Had to buy 2 years ahead when prices were high – impact expected to be seen in higher prices in FY2026/27 • Base Energy costs – similar to RA in that we are still impacted by hedge contracts bought 2 years earlier when prices were much higher
• RECs
• Higher in FY27 and FY28 reflecting higher RE percentage • CY26 – 55%
• CY27 – 60%
• CY28 – 75%
• CY31 – 90%
• FY29 jump related to Darden project starting
48 Item 10
Bad Debt Assumptions
49 • CEA has been accruing 1% of revenues as bad debt expense for accounting/audit purposes
• More than adequate accrual to cover any bad debts or write-off • Arrearages for slow collections remain low
Item 10
Arrearages Update
50 Of the 39,225 Active accounts, only 15,859 (40%) are not on a payment plan and have not made a payment in the last 90 days. 60% of account holders are still actively making payments.
• Table 1 includes the
count of outstanding
balances and dollar
amount by aging group.
• Table 2 includes the
number of account
holders and balances
with outstanding
balances in any of the
aging groups in Table 1
by City. A single account
holder could have
balances in more than
one or all aging buckets.
• The total 189,242
outstanding balances
are from 65,160
accounts – only 39,225
active accounts.
Clean Energy Alliance
Residential Account Aged Receivables Analysis
June 9, 2026 Aging Report
Table 1 - Outstanding Balances By Aging Groups For Active and Closed Accounts # of Days Active Account Outstanding Balances Closed Account Outstanding Balances Total # $ # $ # $
31-60 32,104 $ 1,175,277 2,956 $ 73,133 35,060 $ 1,248,410 61-90 29,456 $ 1,104,973 3,041 $ 84,274 32,497 $ 1,189,248 91-120 26,312 $ 1,214,407 3,411 $ 112,521 29,723 $ 1,326,928 121-150 19,792 $ 992,977 3,082 $ 94,566 22,874 $ 1,087,544 151-180 17,147 $ 810,858 3,088 $ 115,446 20,235 $ 926,303 181-210 14,345 $ 1,149,068 2,823 $ 232,085 17,168 $ 1,381,153 >210 11,988 $ 3,842,232 19,697 $ 5,662,168 31,685 $ 9,504,399 TOTAL 151,144 $ 10,289,792 38,098 $ 6,374,193 189,242 $ 16,663,985 Table 2 - Active and Closed Accounts With Balances Over 30 Days Past Due City # Active
Accounts Active ($) # Closed Accounts Closed ($) # Total Accounts Total ($) Carlsbad 5,724 $ 1,775,157 5,137 $ 1,109,554 10,861 $ 2,884,712 Del Mar 209 $ 64,221 248 $ 61,131 457 $ 125,352
Escondido 10,546 $ 3,095,284 6,912 $ 2,345,507 17,458 $ 5,440,791 Oceanside 10,006 $ 2,115,240 5,616 $ 1,036,266 15,622 $ 3,151,506 San Marcos 5,869 $ 1,614,827 3,596 $ 931,420 9,465 $ 2,546,247 Solana Beach 576 $ 142,735 791 $ 132,865 1,367 $ 275,600 Vista 6,295 $ 1,482,327 3,635 $ 757,450 9,930 $ 2,239,777 TOTAL 39,225 $ 10,289,792 25,935 $ 6,374,193 65,160 $ 16,663,985 Item 10
Arrearages Update – 91+ Days Past Due
51 City # Days # Active Accounts # Closed Accounts Total Residential CEA Customers
% of Active in Arrears
91+ days
Carlsbad 91+ 4,456 4,861 43,483 10.25%
Del Mar 91+ 141 234 2,415 5.84%
Escondido 91+ 7,258 6,472 46,864 15.49%
Oceanside 91+ 6,777 4,913 63,465 10.68%
San Marcos 91+ 4,142 3,279 30,875 13.42%
Solana Beach 91+ 308 729 6,161 5.00%
Vista 91+ 4,324 3,197 32,586 13.27%
TOTAL 27,406 23,685 225,849 12.13%
Table 1 - Accounts With Balances 91+ Days Past Due
City # Days
# Active
Accounts
Total Residential CEA
Customers
% of Active in Arrears
91+ days
Carlsbad 91+ 2,746 43,483 6.32%
Del Mar 91+ 96 2,415 3.98%
Escondido 91+ 3,112 46,864 6.64%
Oceanside 91+ 3,171 63,465 5.00%
San Marcos 91+ 2,222 30,875 7.20%
Solana Beach 91+ 175 6,161 2.84%
Vista 91+ 1,894 32,586 5.81%
TOTAL 13,416 225,849 5.94%
Table 2 - Active Accounts With No Payment in Last 90 Days • Table 1 includes the
number of accounts with
a balance 91+ days
outstanding and the
percentage active
accounts make up of the
total residential customer
base by City.
• Table 2 includes the
number of account
holders by City not on a
payment plan that have
not made a payment in
the last 90 days.
• Of the total 27,406 active
accounts with a balance
91+ days outstanding,
13,416 (49%) are not on a
payment plan and have
not made a payment in
the last 90 days.
Item 10
Arrearages Update – Write Offs
52 # of Days
Under $19.99 Balance Under $49.99 Balance
31-60 11,356 $ 120,675 25,136 $ 568,408
61-90 9,720 $ 106,242 22,825 $ 534,035
91-120 6,570 $ 74,169 18,126 $ 459,515
121-150 3,986 $ 45,800 12,513 $ 335,400
151-180 3,765 $ 42,978 11,451 $ 303,293
181-210 2,100 $ 21,102 5,635 $ 144,953
>210 1,239 $ 11,117 2,657 $ 60,066
TOTAL 38,736 $ 422,083 98,343 $ 2,405,670
26% 4% 65% 23%
Active Account Outstanding Balances # of Days
Under $19.99 Balance Under $49.99 Balance
31-60 1,852 $ 14,121 2,625 $ 38,672
61-90 1,730 $ 13,410 2,647 $ 42,943
91-120 1,824 $ 14,475 2,840 $ 47,498
121-150 1,565 $ 12,669 2,557 $ 44,884
151-180 1,387 $ 11,720 2,475 $ 46,955
181-210 523 $ 5,163 1,245 $ 30,120
>210 945 $ 7,935 5,206 $ 149,523
TOTAL 9,826 $ 79,493 19,595 $ 400,595
26% 1% 51% 6%
Closed Account Outstanding Balances
• CEA Collections Policy 5.3: Any overdue CEA charges totaling $19.99 or less which have not been paid by the customer and are no longer being collected by SDG&E may be considered bad debt and written off.
Item 10
Arrearages Update - Summary
53 • 151,144 active residential balances with 30+ days past due outstanding • Of those, there are only 39,225 active residential account holders with those balances because most of those accounts have balances in multiple buckets • Only 15,859 accounts, or 40% of them, are not on a payment plan and/or have not made a payment in the past 90 days.
• 60% of those with 30+ days balances are making payments. • 27,406 (just 12.1%) of active residential account holders have a balance 91+ days past due
• 51% of those are on a payment plan and/or have made a payment in the past 90 days • CEA Collections Policy allows write-off for balances $19.99 or less. • Of the 151,144 outstanding balances, 38,736 or 26% are less than $19.99 • If the threshold was raised to 49.99, 98,343 of the accounts with outstanding balances, or 65% of the total outstanding balances would be under that level • CEA has been accruing 1% of revenues as bad debt expense for accounting/audit purposes
• More than adequate accrual to cover any bad debts or write-off Item 10
FY 2025/2026 Year End Estimates and
FY 2026/2027 Proposed Budget
54 Current Year Forecast Proposed Budget
Total Year FY26 FY2026/2027
Total Operating Revenues $381,090,001 $378,512,223
OPERATING EXPENSES
Total Cost of Energy 311,418,164 337,941,430
Other Operating Expenses (excluding COGS) 11,198,765 14,344,118 Total Operating Expenses 322,616,930 352,285,548
Operating Income (Loss) 58,473,071 26,226,675
Total Nonoperating Income/(Expense) 912,714 2,032,385
CHANGE IN NET POSITION $59,385,785 $28,259,061
Total Cash 59,077,827 85,550,324
- -
Days Liquidity on Hand 112 130
Item 10
5-Year Outlook
55 Item 10
Recommendation
That the Clean Energy Alliance (CEA) Board of Directors (Board) adopt Resolution No. 2026-034 approving the Fiscal Year 2026/2027 Budget.
56 Item 10
Questions/Discussion – Item 10
57