PUBLIC HEARING TO CONSIDER AMENDMENT OF THE FUND BALANCE
RESERVE POLICY FOR CLEANPOWERSF (COMMUNITY CHOICE
AGGREGATION) PROGRAM TO ENSURE ADEQUATE RESERVES ARE
AVAILABLE FOR ANNUAL VOLATILE POWER PURCHASE REQUIREMENTS TUESDAY, APRIL 26, 2022 - 1:30 P.M.
CITY HALL, ROOM 400
During its regular meeting on April 26, 2022, at 1:30 PM, City Hall, Room 400, the San Francisco Public Utilities Commission (SFPUC) will hold a public hearing to consider a resolution to approve amendments to the San Francisco Public Utilities Commission (SFPUC) CleanPowerSF (Community Choice Aggregation) Program to update the SFPUC Fund Balance Reserve Policy, including the establishment of a specific CleanPowerSF Fund Balance Reserve range based on (1) a minimum equal to 150 days cash on hand (or 41%) of annual operating expenditures and (2) the target equal to 180 days cash on hand (or 49%) of annual operating expenditures, replacing the complex two-part reserve policy.
Copies of the agenda item and instruction for remote public comment will be available 72 hours in advance of the April 26, 2022 meeting on the Commission’s website.
Posted: April 14, 2022