525 Golden Gate Avenue, 13th Floor
San Francisco, CA 94102
T 415.554.3155
F 415.554.3161
TTY 415.554.3488
DATE: October 31, 2022
TO: Cler
k of the Board of Supervisors
THROU
GH: Dennis J. Herrera, General Manager
Barbara Hale, Assistant General Manager, Power
Ramon Abueg, Deputy Assistant General Manager, Operations FROM:
Randi H. Cheuk, Manager, Power Origination and Power Supply
SUBJECT
: Power Quarterly Report on Delegated Authority Contracts Pursuant to Administrative Code Section 21.43
_______________________________________________________________ The following quarterly report has been pr epared for the Board of Supervisors (Boar
d) in accordance with Section 21.43 of the Administrative Code.
In Ordinance No. 176 -22, the Board delegated to the General Manager of the San Francisco Public Utilities Comm ission (SFPUC) authority to ex ecute certain contracts with terms in excess of 10 years or requiring expenditures of $10,000,000 or having anticipated revenue of one million dollars or m ore subject to specified limitations through June 30, 2025.
Ordinance No. 176-22 also required the SFPUC to report quarterly to the Board “the duration, product purchased, and cost of contracts entered”.
To meet state regulatory requirements, secure t he best possible prices and terms, keep electricity rates affordable and competitive, and manage procurement risk, the SFPUC engaged in procurement efforts through competitive bidding processes for energy and energy -related products. These bidding proces ses were under an expedited time frame consistent with commercial and regulatory deadlines to fulfill the City’s goals for a carbon -free future, energy independence, equity in access to 100% renewable energy supply; ensure stable and affordable rates; meet regulatory obligations; and contribute to the reliability of the state’s energy grid and resource supply.
OUR MISSION: To provide our customers with high-quality, efficient and reliable water, power and sewer services in a manner that values environmental and community interests and sustains the resources entrusted to our care.
Awarded Per Administrative Code Section 21.43
Quarter 1* (September 6, 2022 – September 30, 2022)
*Quarter 1 of this report begins September 6, 2022, as this is the start date of delegation authority Administrative Code Section 21.43.
This report meet s the Quarter 1 of Fiscal Yea r 2022/2023 reporting requirements established by Section 21.43 of t he Administrative Code for contracts executed under the delegation of authority.
Should you have any questions, please c ontact Barbara Hale, SFPUC Assistant General Manager, Power, at BHale@sfwa ter.org and (415) 613- 6341.
CONTRACT TYPE PRODUCT C OUNTERPARTY DURATION CONTRACT AMOUNT Purchase System Energy and Capacity C alifornia Community Power 20 Years $30,500,000 Purchase System Energy and Capacity California Community Power 20 Years $298,000,000 Purchase System Energy NextERA 7/1/2023 - 4/30/2024 $15,112,140