Executive Committee of the
Clean Power Alliance of Southern California
Regular Meeting
Thursday, May 15, 2025
1:30 p.m.
Visit CPA’s YouTube Channel to view a Live Stream of the Meeting www.youtube.com/@CPApublicmeetings
*There may be a streaming delay of up to 90 seconds. This is a view-only live stream.
Clean Power Alliance
Executive Conference Room
801 S. Grand Ave., Suite 400
Los Angeles, CA 90017
Members of the public may also participate in this meeting remotely at the following locations:
Los Angeles Airport Marriott
5855 West Century Boulevard
Los Angeles, CA 90045
Alhambra City Hall
Conference Room
111 S. First St.
Alhambra, CA 91801
Renaissance Esmeralda Resort & Spa
San Remo Conference Room
44400 Indian Wells Lane
Indian Wells, CA 92210
Camarillo City Hall
Council Office
601 Carmen Drive
Camarillo, CA 93010
Carson City Hall
City Manager’s Conference Room
701 East Carson Street
Carson, CA 90745
Hawthorne City Hall
Administrative Office
4455 W. 126th Street
Hawthorne, CA 90250
Los Angeles County Hall of Administration
Sybil Brand Conference Room, Room 372
500 West Temple Street
Los Angeles, CA 90012
Santa Paula City Hall
Councilmember Office
970 E. Ventura Street
Santa Paula, CA 93060
Sierra Madre City Hall
Council Chambers
232 W. Sierra Madre Blvd.
Sierra Madre, CA 91024
Ventura County Government Center
CEO Point Mugu Room
Hall of Administration
800 South Victoria Avenue
Ventura, CA 93009
PUBLIC COMMENT: Members of the public may submit their comments by one of the following options:
• Email Public Comment: Members of the public are encouraged to submit written comments on any agenda item to [email protected] up to four hours before the meeting. Written public comments will be announced at the meeting and become part of the meeting record. Public comments received in writing will not be read aloud at the meeting.
• Provide Public Comment During the Meeting: The General Public Comment item is reserved for persons wishing to address the Committee on any Clean Power Alliance-related matters not on today’s agenda. Public comments on matters on today’s Consent Agenda and Regular Agenda shall be heard at the time the matter Agenda Page 1
is called. Comments on items on the Consent Agenda are consolidated into one public comment period.
Members of the public who wish to address the Committee at CPA’s Office are requested to complete a comment card and provide it to staff. If you are attending from a remote location, please identify yourself to a CPA representative when your item is called. Each speaker is limited to two (2) minutes (in whole-minute increments) per agenda item with a cumulative total of five 5 minutes to be allocated between the General Public Comment, the entire Consent Agenda, or individual items in the Regular Agenda. Please refer to Policy No. 8 – Public Comment for additional information.
NAVIGATING OUR AGENDA PACKETS
The meeting agenda packets are bookmarked PDFs, which display a list of agenda items to the left of the page and allow you to click to view specific items within the packet. If viewing in your browser, click the "document outline" button in the upper left corner of the screen. If the PDF is downloaded, the bookmark panel (ribbon icon) appears on the left side of the screen.
ACCESSIBILITY: Meetings are accessible to people with disabilities. Individuals who need special assistance or a disability-related modification or accommodation to participate in this meeting, or who have a disability and wish to request an alternative format for the meeting materials, should contact the Clerk of the Board at least two (2) working days before the meeting at [email protected] or (213) 713-5995. Notification in advance of the meeting, while not required, will enable us to make reasonable arrangements to ensure accessibility to this meeting and the materials related to it.
CALL TO ORDER AND ROLL CALL
GENERAL PUBLIC COMMENT
CLOSED SESSION
CONSENT AGENDA
1. Approve Minutes from April 17, 2025, Executive Committee Meeting
REGULAR AGENDA
2. Oral Update from the CEO on CPA Operations
3. Review Draft Agenda for the June 5 and July 10, 2025, Board of Directors Meetings
4. Receive Presentation on Draft FY 2025/2026 Budget
COMMITTEE MEMBER COMMENTS
ADJOURN – NEXT REGULAR MEETING ON AUGUST 21, 2025
*The June 19, 2025, Executive Committee meeting will be cancelled to observe the Juneteenth holiday.
Public Records: Public records that relate to any item on the open session agenda for a Committee Meeting are available for public inspection. Those records that are distributed less than 72 hours prior to the meeting are available for public inspection at the same time they are distributed to all, or a majority of, the members of the Committee. Public records are available for inspection at CPA’s Office at 801 S. Grand Ave., Suite 400, Los Angeles, CA 90017, or online at www.cleanpoweralliance.org/agendas.
Agenda Page 2
Staff Report – Agenda Item 1
To: Executive Committee
Subject: Approve Minutes from the April 17, 2025 Executive Committee Meeting
Date: May 15, 2025
RECOMMENDATION
Approve.
ATTACHMENT
1. Minutes
Agenda Page 3
Executive Committee Item 1
MINUTES
Executive Committee of the
Clean Power Alliance of Southern California
Regular Meeting
Thursday, April 17, 2025
1:30 p.m.
Meeting videos are available on CPA's YouTube Channel.
http://www.youtube.com/@CPApublicmeetings
Committee Members participated in this meeting from the following locations:
Agoura Hills City Hall
Planning Conference Room
30001 Ladyface Court
Agoura Hills, CA 91301
Clean Power Alliance Office
Executive Conference Room
801 S. Grand Ave., Suite 400
Los Angeles, CA 90017
Santa Paula City Hall
Councilmember Office
970 E. Ventura Street
Santa Paula, CA 93060
Camarillo City Hall
Office of the Mayor
601 Carmen Drive
Camarillo, CA 93010
Hawthorne City Hall
Administrative Office
4455 W. 126th Street
Hawthorne, CA 90250
Carson City Hall
Executive Conference Room
701 East Carson Street
Carson, CA 90745
Los Angeles County Hall of Administration
Sybil Brand Conference Room, Room 372
500 West Temple Street
Los Angeles, CA 90012
Ventura County Government Center
CEO Point Mugu Room, 4th Floor
Hall of Administration
800 South Victoria Avenue
Ventura, CA 93009
Beverly Hills City Hall
Council Office, 4th Floor
455 N. Rexford Drive
Beverly Hills, CA 90210
Alhambra City Hall
Conference Room
111 S. First St.
Alhambra, CA 91801
Sierra Madre City Hall
Council Chambers
232 W. Sierra Madre Blvd.
Sierra Madre, CA 91024
CALL TO ORDER & ROLL CALL
Chair Klein Lopez called the meeting to order at 1:30 p.m. and Gabriela Monzon, Clerk of the Board, conducted roll call.
Roll Call
Agoura Hills Deborah Klein Lopez Chair Remote
Alhambra Absent
Beverly Hills Julian Gold Immediate Past Chair Remote
Agenda Page 4
Camarillo Susan Santangelo Committee Member Remote
Carson Reata Kulcsar
Alternate Committee
Member Remote
Hawthorne Alex Monteiro Committee Member Remote
Los Angeles County Lindsay Horvath Vice Chair Remote
Santa Paula Jenny Crosswhite Committee Member Remote
Sierra Madre Absent
Ventura County Vianey Lopez Vice Chair Remote
All votes are unanimous unless otherwise stated.
GENERAL PUBLIC COMMENT
There was no public comment.
CONSENT AGENDA
1. Approve Minutes from March 20, 2025, Executive Committee Meeting Motion: Committee Member Monteiro, Hawthorne
Second: Committee Member Santangelo, Camarillo
Vote: The consent agenda was approved by a roll call vote, with an abstention from Vice Chair Horvath.
REGULAR AGENDA
2. Oral Update from the CEO on CPA Operations
Ted Bardacke, Chief Executive Officer, invited the Committee to provide input on the draft agenda for the 2025 Board Retreat. Some of the topics to be discussed include long term product content targets, asset ownership, and the state’s cap-and-trade program.
3. Review Draft Agenda for the May 1, 2025, Board of Directors Meeting Mr. Bardacke described consent and regular items on the upcoming Board meeting agenda, including the approval of a Workforce Development MOU with the Tri-Counties Building & Construction Trades Council related to pre-apprenticeship programs in Ventura County. The regular agenda includes rate setting and budget discussions. Vice Chair Horvath expressed her enthusiasm for the Equitable Building Decarbonization Direct Install Program and urged Committee Members to promote it in their communities.
4. Receive Presentation on FY 2025/26 Rates and Recommend a Rate Setting Approach to the Board for Consideration at its May 1, 2025, Meeting Karen Schmidt, Senior Director of Rates and Strategy, described the considerations for choosing a rate setting approach for the Fiscal Year 2025/2026 rates, such as product content targets, spread among rate products, competitiveness with SCE, budget reserve accumulation, and the impacts of SCE’s rate volatility. Ms. Schmidt presented bill comparison target options for the new fiscal year and reviewed competitive positions in relation to a lower versus higher reserve option. The lower reserve option would set comparison targets at Executive Committee Item 1
Agenda Page 5
3% below SCE for Lean Power, 1% below for Clean Power, and 5% premium above SCE for 100% Green. The higher reserve option would set comparison targets at 2% below SCE for Lean Power, at parity for Clean Power, and a 6% premium for 100% Green. Residential Lean and Clean customers would see an average $4 to $6 decrease in their total monthly bills, and 100% Green would see a $0 to $2 decrease. Ms. Schmidt stated that CPA’s competitive position will improve on October 1, 2025, across all rate schedules with the reversal of SCE’s October 2024 generation rate drop. Another factor is the possibility of changes by the CPUC to parts of the PCIA calculation methodology. These changes, combined with market conditions, could increase PCIA rates and decrease SCE generation rates beginning in January 2026. Staff is monitoring the outcome of changes that would negatively impact CPA. New communities of La Cañada-Flintridge, Lynwood, and Port Hueneme, which begin CPA service in October, will maintain competitive rate comparisons throughout the new fiscal year, per the rate setting approach approved by the Board in December 2024. Staff requested a recommendation from the Executive Committee on a rate setting approach for the Board.
Vice Chair Horvath supported the higher reserve option as it would strengthen CPA’s financial position to withstand future challenges, such as PCIA fluctuation.
Committee Member Gold commented that the lower option would not generate enough reserve contribution and the overall cost increase to the customer is minimal. Committee Member Monteiro expressed support for the higher reserve option. In response to Committee Member Crosswhite’s request, Mr. Bardacke confirmed that under the higher reserve option, CPA is decreasing rates and increasing competitiveness for all products.
Committee Member Santangelo expressed support for the higher reserve option and asked if going with the lower reserve option would help CPA avoid an interim rate change in October, and staff clarified that an interim rate adjustment in October would not be needed in any scenario. Committee Member Kulcsar supported the higher reserve option as reserves would increase, praising the fact that rates would go down under both scenarios. Vice Chair Lopez agreed that this is an opportunity to plan ahead and increase reserves. Chair Klein Lopez agreed and stated that CPA can build reserves with very minimal impact on ratepayers.
Motion: Committee Member Monteiro, Hawthorne
Second: Committee Member Gold, Beverly Hills
Vote: Recommendation of the high reserve option was approved by a roll call vote.
5. Receive Presentation on FY 2025/26 Budget Priorities and Operating Expense Highlights
Mr. Bardacke provided a presentation on the item, starting with a timeline of the budget process culminating with Board adoption in June. Mr. Bardacke discussed operating expenses, stating that CPA manages $1.2 billion of annual energy costs, representing 94% of total costs. The Communications budget is expected to increase by 53%, or $2.1 million, to fund direct spending on program marketing and customer acquisition through website enhancements, market research, and CBO-led outreach efforts. Regarding staffing, the new budget reflects a 16% increase relative to last year. Most of the increase is due to the full-year impact of this year’s new hires and next year’s COLA. In summary, budgeted increases in Executive Committee Item 1
Agenda Page 6
operating costs are driven primarily by increases in customer programs, communications, and staffing. To mitigate rising electricity bills, CPA will focus on delivering programs that save customers money and reduce peak load. Overall, CPA continues to compare favorably with other CCAs on operating and staffing expenses.
Vice Chair Horvath congratulated staff for the increase in staff retention and suggested a concierge service by which a customer gets advice pertinent to their electricity needs. Mr. Bardacke noted that staff is working to identify customers with high electricity usage and would benefit from a customer program and market research helps refine targets in CPA’s large and diverse region. Committee Member Crosswhite urged CPA to work with partner agencies that connect with targeted populations, and asked about toolkits available through the member agency portals. Staff stated that member agency staff have access to the portal; some cities have already benefitted from the resources in that portal.
Staff clarified for Committee Member Gold that unspent monies are put back into the General Fund when a new budget is developed each year, with the exception of contracts or grants that keep funding locked in over more than one year. Also, member agencies sometimes take a longer time to spend money than originally planned for. David McNeil, Chief Financial Officer, commented that the practice is to start fresh every year because budget priorities may change over time.
Committee Member Gold urged consideration of holding unspent funds in reserve to support or expand successful programs. Committee Member Monteiro supported the additional spending on communication, especially outreach to low-income communities, as well as funding for the mobile educational unit. He asked about the reserves, and staff responded that the fiscal stabilization fund combined with the net position makes up the reserves.
COMMITTEE MEMBER COMMENTS
None.
ADJOURN
Chair Klein Lopez adjourned the meeting at 2:56 p.m.
Executive Committee Item 1
Agenda Page 7
Staff Report – Agenda Item 2
To: Executive Committee
From: Ted Bardacke, Chief Executive Officer
Subject: Oral Update from the CEO on CPA Operations
Date: May 15, 2025
The CEO will provide an oral update on CPA operations.
Agenda Page 8
Staff Report – Agenda Item 3
To: Executive Committee
From: Ted Bardacke, Chief Executive Officer
Subject: Review Draft Agenda for the June 5 and July 10, 2025 Board of Directors Meetings
Date: May 15, 2025
Due to the cancellation of the June 19, 2025 Executive Committee meeting, staff will provide an overview of the proposed agenda items for both the June 5 and July 10, 2025 Board of Directors meetings for review and feedback from the Executive Committee. The draft Board agendas are attached to this staff report. Information on the main items for Board consideration is provided below.
JUNE CONSENT AGENDA
The following items are recommended for inclusion on the Consent Agenda of the June Board meeting.
Community Advisory Committee Appointments
Staff recommends appointing up to four new CAC members to fill the open seats in the San Gabriel Valley region (Alhambra, Arcadia, Claremont, La Cañada Flintridge, Monrovia, Temple City, South Pasadena, Claremont, and Sierra Madre), Gateway Cities region (Downey, Hawaiian Gardens, Lynwood, Paramount, and Whittier), and Unincorporated LA County region. Application summaries for three recommended candidates and a list of current CAC members are included in Attachment 3. A fourth application is currently being vetted.
Agenda Page 9
Executive Committee Item 3
PSA for Community Electric Vehicle Charging
In 2023, staff engaged the Board, Community Advisory Committee, and City Managers and other City staff to design the Energized Communities program. The program includes two components: the Pathways to Electrification component which has three standard offerings for technical and financial assistance to each of Clean Power Alliance’s (CPA) member agencies and a competitive Innovation Grant which supports creative decarbonization projects in CPA’s service territory. In March 2024, the Board approved two Professional Services Agreements (PSA), one for fleet electrification and another for building electrification services. The Community Electric Vehicle (EV) Charging PSA is the third and final planned technical services agreement to support the Pathways to Electrification component.
In February 2025, CPA released a Request for Proposals (RFP) seeking a vendor to provide technical consulting services to support site assessment and selection, site design recommendations, request for proposal, and contracting support for publicly available EV charging at participating member agency municipal site. Through this process CPA anticipates presenting its recommended vendor to the Board at its June meeting.
Equitable Building Decarbonization Grant Funding MOU
CPA is a member of a coalition led by Los Angeles County that was awarded funding from the California Energy Commission to implement the Equitable Building Decarbonization Direct Install Program (EBD) for the Southern California region. The EBD Program will accelerate residential building decarbonization for single-family homes, multifamily properties, manufactured housing, and public housing in disadvantaged communities through the free installation of electrification and energy efficiency upgrades.
CPA will be responsible for conducting tailored and culturally relevant marketing, education, and outreach (ME&O) activities to inform and engage CPA customers in disadvantaged communities about EBD and its benefits.
Agenda Page 10
Executive Committee Item 3
The Memorandum of Understanding (MOU) budgets $964,800 for CPA’s efforts through December 31, 2029. Pending final negotiations of the MOU, CPA staff will bring the agreement to the Board for approval at the June 2025 meeting.
Billing/Data Management Contract Extension with Calpine Energy Services CPA contracts with Calpine Energy Services for billing services, customer meter data management, call center operations, enrollment of new customers (in both new and existing CPA communities), submission of estimated and actual load to CAISO at various intervals, and a variety of trouble shooting tasks including resolution of billing and cash transfer issues with SCE. Calpine Energy Services is the dominant provider of these services to CCAs in California, serving 21 of the 25 operating CCAs in the state, and is the only current provider of these services for CCAs in SCE territory.
In July 2018, following a competitive RFP, the Board approved a contract with Calpine Energy Services with an initial four-year term. In April 2021, the Board approved a contract amendment that extended the contract through July 2025, with an optional one-year extension. The 2021 contract amendment significantly lowered the per meter fee that CPA pays Calpine Energy Services and included an inflation escalator with a cap that has proven beneficial to CPA during these past years of high inflation. CPA exercised the optional one-year extension in 2024; the contract now expires at the end of July 2026.
In January of 2025, the parent company of Calpine Energy Services (Calpine Corp.) announced that it was being acquired by Constellation, a large East Coast-based energy conglomerate. That acquisition is expected to receive federal regulatory approval in late 2025 or early 2026. CPA staff believe that once this acquisition is finalized, Calpine Energy Services may begin to have more flexibility in altering its service offerings to CPA and/or the market for these types of services in SCE territory may begin to broaden.
Therefore, should discussions with Calpine Energy Services prove successful, staff would recommend to the Board a one-year extension (through the end of July 2027) of the current Calpine contract with no change to terms, with an option for an additional year by mutual agreement.
Agenda Page 11
Executive Committee Item 3
JUNE REGULAR AGENDA
The following items are recommended for inclusion on the Regular Agenda of the June Board meeting.
Approval of FY 25/26 Rates
At the May 5, 2025 Board Meeting the Board adopted the following approach for FY 2025/26 rate setting:
a. Establish a reserve percentage target of 47-53% with total bill comparison targets for residential and small business customers of 100% Green Power rates at a 6% premium, Clean Power at a 0% discount, and Lean Power at a 2% discount to SCE rates as of June 1, 2025;
b. Update rates for large commercial, pumping and agriculture, and streetlighting rate classes (“subset rates”) to reflect CPA’s projected cost of service (COS) and based on the selected reserve target;
c. Set subset rates for customers in the cities of La Cañada Flintridge, Lynwood, and Port Hueneme to reflect CPA’s projected COS and based on the selected reserve target, provided that total bill comparisons for each subset rate class do not exceed the Board-approved July 2024 levels.
This approach provides flexibility to respond to potential PCIA and SCE generation rate changes in calendar year 2026 while enabling CPA to approach or reach its maximum reserve target in FY 2025/26.
At the June meeting, staff will present detailed rates and resolutions to the Board for approval based on this approach. Staff will also request Board approval for a minor amendment to the Peak Management Pricing (PMP) tariff clarifying the eligibility of customers on the TOU-D-PRIME-SOP rate to enroll in PMP.
Approval of FY 2025/26 Budget
This item is the subject of a separate presentation to the Executive Committee.
Agenda Page 12
Executive Committee Item 3
JULY BOARD AGENDA
The following items are recommended for inclusion on the Board Agenda of the July meeting. The order of items and which items will be placed on consent vs. the regular agenda will be determined at a later date.
Workforce Development MOU for Ventura County
On November 7, 2024, the Board approved the Workforce Phase 3 funding proposal for Multi-Craft Core Curriculum (MC3) pre-apprenticeship programs. This included approval for two new partners Flintridge Center and Women in Non-Traditional Employment Roles (WINTER), both located in Los Angeles County, and direction for staff to identify partners for similar training in Ventura County.
Staff is in the process of negotiating a 3-year MOU with Tri-Counties Building & Construction Trades Council which serves Ventura County. Should the negotiations be successful, the MOU will be submitted for consideration at the July 2025 Board meeting.
Scheduling Coordinator Services Contract
CPA is currently conducting an RFP to secure scheduling coordinator (SC) services, with a recommendation expected to go to the Board for approval in July 2025. SC services are necessary for CPA to participate in California’s energy markets and are currently provided by Tenaska under a contract that expires on December 31, 2025. A new agreement with is expected to have an initial three-year term with two one-year renewals at CPA’s discretion. Core responsibilities of the SC services include market bidding, outage coordination, deal entry, credit and risk management, load forecasting, data reporting, resource integration, battery storage optimization, and additional strategy and coordination for market products.
Creative Services and Media Contract Amendments
Program marketing and web development needs will continue to grow in the new fiscal year. Communications and Marketing will be requesting amendments to the Professional Services Agreements (PSAs) for both Pastilla, Inc and Bloom Ads Global Media Group Agenda Page 13
Executive Committee Item 3
to align with the communications budget for FY 2025–26. Pastilla’s contract would increase from $1,020,822 to $1,854,430 for web development plus creative marketing services for Instant AC Savings, EV SmartCharge, Energy Team, wildfire preparedness, and more. Bloom Ad’s contract would increase from $2,059,000 to $2,655,850 to cover the paid media budget for these initiatives, plus additional campaigns and tactics to support customer awareness and engagement.
Updates to Load Management Standards Compliance Plan
The California Energy Commission (CEC) revised its Load Management Standards (LMS) regulations in 2023 and required large community choice aggregators like CPA to submit a Board-approved LMS compliance plan to the CEC by April 1, 2024.1 LMS regulations also require that, by July 2025, CPA must either adopt a dynamic pricing rate or update its customer programs to enable automated response to marginal cost signals or seek a waiver based on lack of cost effectiveness. CPA staff will present an updated plan that will comply with the LMS regulations.
ERMP Amendments
In its annual review of CPA’s Energy Risk Management Policy (ERMP), staff will seek approval of revisions to the ERMP that reflect CPA’s operating goals, the evolution of CPA’s energy portfolio, and market changes that require updates to risk management policy and practices, potentially including:
• Reducing the Minimum Hedge Limit for Fixed Price Energy. Revised limits are proposed to reflect CPA’s strong financial reserves, its large portfolio of battery storage which mitigates energy market risks, and to allow CPA to avoid hedging transaction costs as appropriate.
• Increase Maximum Hedge Limit for Renewable Energy in the prompt year +1 year and beyond to allow for a planning margin to accommodate volumetric uncertainty associated with electric consumption and generation. This change would align the Maximum Hedge Limit for prompt year +1 and beyond with the existing Maximum Hedge Limits for the current and prompt years.
1 CPA’s LMS Compliance Plan was adopted on March 7, 2024 by its Board of Directors.
Agenda Page 14
Executive Committee Item 3
• Updating Hedge Targets and Strategies for Resource Adequacy (RA) to align the ERMP with CPUC’s Slice-of-Day RA requirements.
• Adding California Carbon Allowances as a Transaction Type in Section 3.4 to align section 3.4 with authorized products listed in Appendix C. This amendment is considered administrative in nature.
• Other clean-ups as needed
Staff are currently in the middle of the annual ERMP review process, which is scheduled to conclude by mid-June. This item will be discussed in detail at the June 25 meetings of the Finance and Energy Committees, and staff will seek recommendations to the Board of Directors on the proposed amendments.
Conflict of Interest Code Amendment
The Political Reform Act (Act) requires all public agencies in California, including Clean Power Alliance, to adopt a Conflict of Interest Code (Code). Pursuant to the Fair Political Practices Commission (FPPC), which administers the Act, CPA must periodically update its Code to reflect the agency’s current organizational structure. CPA’s Code was originally adopted by the FPPC in July 2018 and has been reviewed periodically. Staff believes an amendment is now required to include newly created positions that must file Statements of Economic Interests. Action by the Board of Directors is not required to adopt the amended Code; therefore, the amended Code will be presented as a Receive and File item on the consent agenda.
ATTACHMENTS
1. Draft June 5, 2025, Board of Directors Agenda
2. Draft July 10, 2025, Board of Directors Agenda
3. CAC Appointments and Candidate Summaries
Agenda Page 15
Executive Committee Item 3
Board of Directors of the
Clean Power Alliance of Southern California
Regular Meeting
Thursday, June 5, 2025
2:00 p.m.
CALL TO ORDER AND PLEDGE OF ALLEGIANCE
ROLL CALL
GENERAL PUBLIC COMMENT
CONSENT AGENDA
1. Approve Minutes from the May 1, 2025, Board of Directors Meeting
2. Approve Appointment(s) to the Community Advisory Committee
3. Approve and Authorize Equitable Building Decarbonization Grant Funding MOU
4. Approve and Authorize PSA for Community Electric Vehicle Charging
5. Approve and Authorize Billing and Data Management Contract Extension with Calpine Energy Services
6. Receive and File Quarterly Financial Report
7. Receive and File Quarterly RMT Report
8. Receive and File Quarterly Programs Report
9. Receive and File Quarterly Communications Report
10.Receive and File Bill Positions Monthly Report
11.Receive and File Monthly Community Advisory Committee Report
REGULAR AGENDA
Action Items
12.Approval of FY 25/26 Rates
13.Approval of FY 2025-26 Budget
COMMITTEE CHAIR UPDATES
MANAGEMENT REPORT
BOARD MEMBER COMMENTS
REPORT FROM THE CHAIR
ADJOURN – NEXT MEETING ON JULY 10, 2025
Agenda Page 16
Executive Committee Item 3
Board of Directors of the
Clean Power Alliance of Southern California
Regular Meeting
Thursday, July 10, 2025
2:00 p.m.
CALL TO ORDER AND PLEDGE OF ALLEGIANCE
ROLL CALL
GENERAL PUBLIC COMMENT
AGENDA (CONSENT AND REGULAR TBD)
1. Approve Minutes from the June 5, 2025, Board of Directors Meeting
2. Approve and Authorize Workforce Development MOU
3. Approve Scheduling Coordinator Services Contract
4. Approve Creative and Media Services Contract Amendments
5. Approve Updates to Load Management Standards Compliance Plan
6. Approve ERMP Amendments
7. Receive and File Conflict of Interest Code Amendment
8. Receive and File Bill Positions Monthly Report
9. Receive and File Monthly Community Advisory Committee Report
COMMITTEE CHAIR UPDATES
MANAGEMENT REPORT
BOARD MEMBER COMMENTS
REPORT FROM THE CHAIR
ADJOURN – NO MEETING IN AUGUST. NEXT MEETING ON SEPTEMBER 4, 2025 Agenda Page 17
RECOMMENDED APPOINTMENTS
East Ventura/West LA County
(Agoura Hills, Camarillo, Calabasas, Moorpark,
Simi Valley, Thousand Oaks, Westlake Village)
Appointees
• Angus Simmons
• Debbie West
• Kat Selm
San Gabriel Valley
(Alhambra, Arcadia, Claremont, Monrovia, Sierra
Madre, South Pasadena, Temple City)
Recommended appointments:
• Leslie Diaz-Villavicencio
• TBD
West/Unincorporated Ventura County
(Ojai, Oxnard ,Port Hueneme, Santa Paula
Ventura, Unincorporated Ventura County)
Appointees
• Kent Bullard
• Daniel Mora
South Bay
(Carson, Hawthorne, Hermosa Beach, Manhattan
Beach, Redondo Beach, Rolling Hills Estates)
Recommended appointments:
• Cort Casady
• Diane Wallace
Gateway Cities
(Downey, Hawaiian Gardens, Lynwood,
Paramount, Whittier)
Appointees
• Genaro Bugarin (Vice-Chair)
Recommended appointments:
• Luis Alvarez
Westside
(Beverly Hills, Culver City, Malibu, Santa Monica,
West Hollywood)
Appointees
• Cris Gutierrez
• David Haake
Unincorporated LA County
Appointees
• Neil Fromer (Chair)
Recommended appointments:
• Margaret Fuentes
Agenda Page 18
2025 Community Advisory Committee New Applicant Summary Candidate: Luis Alvarez Subregion: Gateway Eligible Candidate: Yes Section 1: Personal Information
A. Home Address: Hawaiian Gardens, CA
B. Occupation: Graduate Student
Section 2: Qualifications
A. Experience serving on advisory committees / public commissions / similar bodies:
• Served as a Planning Commissioner for the city of Hawaiian Gardens for a year.
B. Experience with outreach or community leadership:
• As a Planning Commissioner, I engaged residents through public hearings and meetings. My graduate research in Mexicali includes fieldwork and interviews with underserved communities, enhancing my outreach experiences.
C. Experience or expertise in energy field:
• In my undergraduate research, I used GIS to identify suitable sites for wind farms in Indiana, assessing environmental and logistical factors. This deepened my understanding of renewable and environmental impacts linked to sustainable development. While my primary expertise is in urban planning and environmental studies, my understanding of renewable energy is more than generic.
D. Other skills / knowledge / experience to bring to Committee:
• I have strong skills in policy analysis, community engagement, zoning, CEQA, and sustainable development. My leadership as a U.S. Marine Corps veteran also brings teamwork, discipline, and problem-solving to the committee.
Section 3: Additional Information
A. Why you are interested / what you hope to achieve:
• I am passionate about clean energy and environmental justice. I want to bridge my planning experience with energy issues, advocating for policies that reflect community needs, especially in underserved areas.
B. List affiliations, councils, or committees you are currently a member of. • City of Hawaiian Gardens Planning Commission
C. List other languages / ability to support non-English speaking communities:
• Spanish
D. Anything else you would like CPA to know:
• I am interested in getting more involved in local clean energy efforts and contributing where I can. I look forward to learning and helping represent community needs.
Section 4: Commitment
A. I am able to attend meetings, serve a two-year term, and work to help the organization meet its mission and goals.
B. Signed to certify electric holder in CPA service territory and meet eligibility requirements? Yes.
Agenda Page 19
2025 Community Advisory Committee New Applicant Summary Candidate: Margaret Fuentes Subregion: Unincorporated Los Angeles County Eligible Candidate: Yes Section 1: Personal Information
A. Home Address: Los Angeles, CA
B. Occupation: Family Manager
Section 2: Qualifications
A. Experience serving on advisory committees / public commissions / similar bodies:
• Assembly work in an electrical company and aerospace. Recently worked as office manager for small electrical business and local councils/commissions.
B. Experience with outreach or community leadership:
• Served at local school sites and District level as a volunteer for 20 years, being involved on local committees, PTA's and councils. Work included budget committees and organizing events, advocating for students and parents.
C. Experience or expertise in energy field:
• Although I have no direct experience in the energy field, I am quick to learn and have a willingness to understand the material required by this committee.
D. Other skills / knowledge / experience to bring to Committee:
• Having served on the Bond Oversight Committee (BOC) for LAUSD has given me the experience to address areas of concern that affect the people throughout Los Angeles. I had chaired the BOC and worked closely with administrators on recommendations of resolution and prudent expenditures of taxpayers monies.
Section 3: Additional Information
A. Why you are interested / what you hope to achieve:
• I am interested in serving with CPA CAC to provide input on serving my community with learning what programs and possibilities could be afforded with knowledge and participation in working with this company and its services..
B. List affiliations, councils, or committees you are currently a member of. • Currently ,I participate in my local community advisory meetings, attend local events, and volunteer with my High School Alumni.
C. List other languages / ability to support non-English speaking communities:
• N/A
D. Anything else you would like CPA to know:
• Serving on councils and committees, I have always fulfilled my obligations and term limits and would do my best to commit my time.
Section 4: Commitment
A. I am able to attend meetings, serve a two-year term, and work to help the organization meet its mission and goals.
B. Signed to certify electric holder in CPA service territory and meet eligibility requirements? Yes.
Agenda Page 20
2025 Community Advisory Committee New Applicant Summary Candidate: Leslie Diaz-Villavicencio Subregion: SGV Eligible Candidate: Yes Section 1: Personal Information
A. Home Address: Alhambra, CA
B. Occupation: VP Energy and Environmental Service, PaceLA Section 2: Qualifications
A. Experience serving on advisory committees / public commissions / similar bodies:
• I have over 25 years of experience working at Southern California utilities, including SCE, SoCalGas, and SDG&E, and local municipalities like LADWP. I have worked as an energy efficiency program implementer, manager, and consultant focused on serving residential and multifamily customers with a focus on low-income, hard-to-reach, and disadvantaged communities.
B. Experience with outreach or community leadership:
• My career has primarily focused on serving residential multi-ethnic, non-English-speaking communities that are also low-income and underserved. My work with these populations has involved marketing, communications, education/outreach, stakeholder engagement, and building partnerships and collaborations to leverage services for maximum assistance to these communities.
C. Experience or expertise in energy field:
• I have extensive experience in energy, specifically in energy efficiency electric and natural gas programs. I have worked at SCE, SoCalGas, and SDG&E. Most recently, I directed the Southern California Energy Saving Assistance (ESA) Program under the CPUC's direction and currently run a Low Income Home Energy Assistance Program (LIHEAP) in Los Angeles and a contract for SCE ESA Inspections.
D. Other skills / knowledge / experience to bring to Committee:
• I am passionate and committed to building sustainability in and educating multi-ethnic, low income communities about energy and choices.
Section 3: Additional Information
A. Why you are interested / what you hope to achieve:
• I am motivated to get involved to help represent the voice of diverse populations and help ensure they are represented in decision making, are well informed about choices and implications, and have timely access to information. Additionally, I want to work as an advocate for these communities to the extent possible.
B. List affiliations, councils, or committees you are currently a member of. • National Energy and Utility Affordability and Coalition -Advisory Board Member and Association of Women in Water, Energy and Environment
C. List other languages / ability to support non-English speaking communities:
• Spanish, Chinese, Korean, Armenian, Russian
D. Anything else you would like CPA to know:
• invite you to visit my Energy Dept webpages to understand my current role:
https://pacela.org/our-work/energy/ and
Section 4: Commitment
Agenda Page 21
A. I am able to attend meetings, serve a two-year term, and work to help the organization meet its mission and goals.
B. Signed to certify electric holder in CPA service territory and meet eligibility requirements? Yes.
Agenda Page 22
Staff Report – Agenda Item 4
To: Executive Committee
From: David McNeil, Chief Financial Officer
Approved By: Ted Bardacke, Chief Executive Officer
Subject: Receive Presentation on FY 2025/2026 Draft Budget Date: May 15, 2025
Staff will provide a presentation on the item for Executive Committee feedback.
ATTACHMENTS
1. FY 2025/2026 Draft Budget Presentation
2. FY 2025/2026 Draft Budget
Agenda Page 23
Draft FY 2025/26 Budget
May 15, 2025
Agenda Page 24
FY 2025/26 Draft Budget – Key Takeaways
2 Budgeted revenues would decrease by $262 million or 17% year-over-year o Budgeted revenues reflect a revised load forecast, the rate setting approach approved by the Board in May, an allowance for bad debt, and new community enrollments in October 2025 Budgeted costs of energy would decrease by $196 million or 14% year-over-year o Cost of energy budgeted costs would decrease primarily due to expected reductions in resource adequacy, renewable energy and system energy costs
Operating expenses would increase by $9.8 million or 15% year-over-year o Operating expenses reflect CPA’s budget priorities presented at the Executive Committee meeting in April and Community Advisory Committee and Board meetings in May The budgeted increase in the net position of $57.1 million is projected to bring CPA’s reserve percentage to the targeted 50% by June 30, 2026, consistent with CPA’s Reserve Policy Budget presented today remains a draft and subject to refinement. Final proposed budget will be presented to the Finance Committee on May 28
Agenda Page 25
FY 2025/26 Budget Process
January – April 2025 (Staff) – FY 2025/26 Goal Setting, Departmental Budgeting, Rate Design Planning, Energy Cost Projections & Consolidated Budget Planning (ongoing) April 17, 2025 (Executive Committee) – Budget Priorities April 23, 2025 (Finance Committee) – Budget Priorities & Draft FY 2025/26 Budget May 1, 2025 (Board) – Budget Priorities
May 15, 2025 (Community Advisory Committee) – Draft FY 2025/26 Budget May 15, 2025 (Executive Committee) – Draft FY 2025/26 Budget May 28, 2025 (Finance Committee) – Proposed FY 2025/26 Budget June 5, 2025 (Board) – Proposed FY 2025/26 Budget
3 Agenda Page 26
Net Energy Revenue
4 Budgeted electricity revenues include the FY 2025/26 rate approach approved by the Board on May 1, 20251 which results in an overall revenue decrease offset by increased revenue from new CPA member agency enrollments in October 2025
Bad debt expense is budgeted at 2.0% of revenue or $26.9 million, relatively flat to the 1.9% of revenue included in the FY 2024/25 Budget. Bad debt expense is netted from electricity revenue Energy costs reflect lower resource adequacy and renewable energy costs arising from decreasing market prices and a contingency equal to 7.5% of energy costs
1. 2025/26 Rate Approach: Lean -2%, Clean 0%, 100% Green +6% compared to Residential/Small Business SCE base rates
A B C D E
FY 2024/25
Budget
FY 2025/26
Budget
Budget
Difference ($)
Budget
Difference (%)
Revenue - Electricity net 1,582,354,000 1,319,968,000 (262,386,000) -17% Transfer from Fiscal Stabilization Fund - - - 0%
Other revenue 2,939,000 4,320,000 1,381,000 47%
TOTAL REVENUE 1,585,293,000 1,324,288,000 (261,004,000) -16% TOTAL ENERGY COSTS 1,393,295,000 1,197,550,000 (195,745,000) -14% NET ENERGY REVENUE 191,998,000 126,738,000 (65,259,000) -34% Agenda Page 27
Operating Income and Reserves
5 Operating expenses reflect the budget priorities presented to the Executive Committee in April and Board in May. Of the 15% budgeted increase in operating expenses, 12% is attributable to investments in staffing, programs, marketing and customer communications
The budgeted increase in the net position would bring CPA’s reserve percentage to 50% by June 30, 2026, which is the target balance per the Reserve Policy. Reserves are the sum of the Net Position and Fiscal Stabilization Fund (also known as balance sheet equity) and are not equivalent to or held as cash Days liquidity on hand (DLOH) would increase to approximately 167 days by June 30, 2026, consistent with the Reserve Policy target. DLOH is equal to the sum of cash, investments and available line of credit divided by average daily expenses. Projected DLOH includes a reduction in CPA’s line of credit from $160 million to $120 million approved by the Board in May 2025
A B C D E
FY 2024/25
Budget
FY 2025/26
Budget
Budget
Difference ($)
Budget
Difference (%)
TOTAL OPERATING EXPENSES 67,509,000 77,372,000 9,863,000 15% OPERATING INCOME 124,489,000 49,366,000 (75,123,000) -60% NON OPERATING REVENUE (EXPENSE) 8,858,000 7,715,000 (1,143,000) -13% CHANGE IN NET POSITION 133,347,000 57,081,000 (76,266,000) -57% NET POSITION BEGINNING OF PERIOD 327,654,232 461,001,232 133,347,000 41% NET POSITION END OF PERIOD 461,001,232 518,082,232 57,081,000 12% FISCAL STABILIZATION FUND 135,000,000 135,000,000 - 0%
RESERVES END OF PERIOD (Net Position + FSF) 596,001,232 653,082,232 57,081,000 10% Agenda Page 28
Revenues are budgeted at $1.32 billion, a decrease of $262 million or -17% year-over-year • Reflects an overall revenue decrease per Board approved rate approach, minimal change in the bad debt reserve, and new community enrollments
Costs of energy are budgeted at $1.20 billion, a decrease of $196 million or -14% year-over-year • Reflects decreasing prices for resource adequacy and renewable energy Operating costs are budgeted at $77.3 million, an increase of $9.8 million or 15% year-over-year • Reflects the operational priorities presented to the Board in May and is driven by investments in programs, communications, and staffing
The budgeted increase in the net position of $57.1 million is 57% lower than the prior year and is projected to achieve CPA’s 50% Reserve Policy target CPA financial metrics continue to compare favorably with peer CCAs and are consistent with CPA’s “A-” credit rating
6 Summary
Agenda Page 29
Questions?
Agenda Page 30
FY 2024/25 Budget FY 2025/26 Budget
Budget
Difference ($)
Budget
Difference (%)
Revenue - Electricity net 1,582,354,000 1,319,968,000 (262,386,000) -17% Transfer from Fiscal Stabilization Fund - - - 0%
Other revenue 2,939,000 4,320,000 1,381,000 47%
TOTAL REVENUE 1,585,293,000 1,324,288,000 (261,004,000) -16% TOTAL ENERGY COSTS 1,393,295,000 1,197,550,000 (195,745,000) -14% NET ENERGY REVENUE 191,998,000 126,738,000 (65,259,000) -34%
OPERATING EXPENSES
Staffing 24,076,000 28,115,000 4,039,000 17%
Technical services 1,936,000 2,465,000 529,000 27%
Legal services 1,089,000 1,542,000 453,000 42%
Other services 2,257,000 2,802,000 545,000 24%
Communications and marketing services 3,982,000 6,079,000 2,097,000 53% Customer notices and mailing services 842,000 1,425,000 583,000 69% Billing data management services 12,041,000 12,279,000 238,000 2% Service fees - SCE 2,250,000 2,404,000 154,000 7%
Customer programs 13,208,000 14,425,000 1,217,000 9%
General and administration 5,828,000 5,836,000 8,000 0% TOTAL OPERATING EXPENSES 67,509,000 77,372,000 9,863,000 15% OPERATING INCOME 124,489,000 49,366,000 (75,123,000) -60% Finance and interest expense 645,000 568,000 (77,000) -12% TOTAL NON OPERATING EXPENSES 645,000 568,000 (77,000) -12% Interest Income 9,503,000 8,283,000 (1,220,000) -13%
TOTAL NON OPERATING REVENUE 9,503,000 8,283,000 (1,220,000) -13% NON OPERATING REVENUE (EXPENSE) 8,858,000 7,715,000 (1,143,000) -13% CHANGE IN NET POSITION 133,347,000 57,081,000 (76,266,000) -57% NET POSITION BEGINNING OF PERIOD 327,654,232 461,001,232 133,347,000 41% NET POSITION END OF PERIOD 461,001,232 518,082,232 57,081,000 12% FISCAL STABILIZATION FUND 135,000,000 135,000,000 - 0%
RESERVES END OF PERIOD (Net Position + FSF) 596,001,232 653,082,232 57,081,000 10% Other Uses
Capital Outlay 325,000 338,000 13,000 4%
Depreciation & Amortization (794,000) (617,000) 177,000 -22% CHANGE IN FUND BALANCE 133,816,000 57,360,000 (76,456,000) -57% Note: Funds may not sum precisely due to rounding
CLEAN POWER ALLIANCE of SOUTHERN CALIFORNIA
Fiscal Year 2025/2026 Budget
DRAFT
Agenda Page 31