MINUTES
Executive Committee of the
Clean Power Alliance of Southern California
Regular Meeting
November 20, 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:
LAX Airport Marriott
5855 West Century Boulevard
Los Angeles, CA 90045
Clean Power Alliance
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
Council Office
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
Hall of Administration
800 South Victoria Avenue
Ventura, CA 93009
Beverly Hills City Hall
Council Office, 4th Floor
455 N. Rexford Drive
Beverly Hills, 90210
Alhambra City Hall
Conference Room
111 S. First St.
Alhambra, CA 91801
CALL TO ORDER & ROLL CALL
Chair Klein Lopez called the meeting to order at 1:30 p.m. and Gabby Monzon, Clerk of the Board, conducted roll call.
Roll Call
Agoura Hills Deborah Klein Lopez Chair Remote
Alhambra Jeff Maloney Committee Member Remote
Beverly Hills Julian Gold Immediate Past Chair Remote
Camarillo Susan Santangelo Committee Member Remote
Carson Reata Kulcsar
Alternate Committee
Member Remote
Hawthorne Alex Monteiro Committee Member Remote
Los Angeles County Lindsey Horvath Vice Chair Remote
Santa Paula Jenny Crosswhite Committee Member Remote
Sierra Madre Absent
Ventura County Absent
All votes are unanimous unless otherwise stated.
GENERAL PUBLIC COMMENT
There was no public comment.
CONSENT AGENDA
1. Approve Minutes from October 23, 2025, Executive Committee Meeting Motion: Committee Member Gold, Beverly Hills
Second: Committee Member Santangelo, Camarillo
Vote: The consent agenda was approved by a roll call vote.
REGULAR AGENDA
2. Oral Update from the CEO on CPA Operations
Ted Bardacke, Chief Executive Officer, reported that CPA’s credit rating was upgraded from A- to A, due to CPA’s strong governance, proactive risk management, and the development of a very low carbon energy portfolio. Mr.
Bardacke also attended the first graduation of the Flintridge Center’s pre-apprenticeship training program operating in the San Gabriel Valley. He reminded the Committee that CPA is a sponsor of the LA Auto Show’s EV Pavilion, and that complimentary tickets are available.
Vice Chair Horvath congratulated staff on the credit rating, noting that Los Angeles County experienced the same kind of upgrade in part because of the establishment of a climate budget and creating sustainability and resilience goals.
3. Review Draft Agenda for the December 4, 2025, Board of Directors Meeting Mr. Bardacke described the consent calendar items, including a Community Advisory Committee appointment in the San Gabriel Valley region, the proposed 2026 Legislative and Policy Platform, and Phase 7 Subset Rates. The regular agenda will include a public hearing to add two new communities to CPA and discussion of the Interim Rates Adjustment Approach.
Vice Chair Horvath expressed gratitude that Los Angeles County’s project was funded by the Innovation Fund and encouraged funding of community resiliency projects in the future. Staff clarified for Committee Member Monteiro that CPA’s three newest member agencies would see a reduction in subset rates starting January 1, 2026.
4. Receive Presentation on Interim Rate Adjustment Options and Recommend an Interim Rate Adjustment Approach to the Board of Directors at its December 4, 2025, Meeting from the Options Below: A. Adjust Rates Effective February 1, 2026, at a Selected Net Position/Reserve Level; B. Adjust Rates Effective March 1, 2026, at a Selected Net Position/Reserve Level
Mr. Bardacke, presented options for an interim rate adjustment, beginning with background about SCE’s 2026 Energy Resource Recovery Account (ERRA) proposal, that will cause most CPA residential customers to experience about a 10% total bill increase. The precise impact of the rate changes is uncertain until the CPUC decides on the ERRA proposal in December and SCE publishes its rates at the end of December. Financial projections indicate that the CPA Board can provide customers with near-term rate relief through an interim rate adjustment while staying on track to meet CPA’s fiscal year 2025-2026 financial goals and preparing for a potentially challenging rate environment the next fiscal year.
Mr. Bardacke explained the Board could adopt an approach that would adjust rates effective February 1, 2026, to provide quicker though smaller rate relief to customers, or an approach that would provide a larger rate reduction starting March 1, 2026. Mr. Bardacke also explained that there were two net position and reserve target options: $10 million vs. $20 million. Staff requested that the Committee make a recommendation of an effective date and net position target for Board consideration at the December 4, 2025, Board meeting. SCE’s January rate changes and CPA’s interim rate adjustment approach will not impact total bill comparisons for the communities that began service in October 2025.
Committee Members discussed the benefits of the February 1st and March 1st implementation dates, focusing on the best way to provide relief due to economic hardship while keeping CPA’s long term fiscal health in mind. Chair Klein Lopez provided a summary of the discussion, noting that there was Committee consensus on the implementation date of February 1, 2026 but there was not a consensus around the $10 vs. $20 million net position target. Given the differing views on net position target, Mr. Bardacke proposed $15 million as a compromise option. The Executive Committee agreed to recommend to the Board a $15 million targeted contribution to the net position for Fiscal Year 2025-2026, and a start date of February 1, 2026 for a rate adjustment.
Motion: Committee Member Gold, Beverly Hills
Second: Committee Member Monteiro, Hawthorne
Vote: Item 4 was approved by a roll call vote.
CLOSED SESSION
5. PUBLIC EMPLOYEE PERFORMANCE EVALUATION: (Government Code Section 54957) (1)
Title: Chief Executive Officer
Nancy Whang, General Counsel, reported that direction was provided for the General Counsel to draft an amendment to the CEO’s employment agreement for presentation at the December Board meeting extending the CEO’s term to the 31st of December 2029, and including an approach that creates an incentive for the CEO to complete the extended term.
COMMITTEE MEMBER COMMENTS
Staff noted that there will be a Board meeting and an Executive Committee meeting on January 15, 2026. The Board meeting will be short, followed by an Executive Committee meeting to review the Board agenda for February.
ADJOURN
Chair Klein Lopez adjourned the meeting at 3:19 p.m.