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San Francisco, CA 94102
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DATE: August 16, 2024
TO: Clerk of the Board of Supervisors
THROUGH: Dennis J. Herrera, General Manager
Barbara Hale, Assistant General Manager, Power
FROM: Suni Jones, Acting Manager, Wholesale/Retail Services SUBJECT: Resolution No. 095-23, approving Amendment No. 2 to Contract No. PR0.0152, Power Scheduling Coordination and Related Support Services, with APX Inc.
The following quarterly report has been prepared for the Board of Supervisors (Board) in accordance with Resolution No. 095-23.
Resolution No. 095-23 approved Amendment No. 2 to Contract No. PR0.0152, Power Scheduling Coordination and Related Support Services, with APX Inc.
This contract allows for the processing of the California Independent System Operator (CAISO) power transmission service charges. Board approval increased the contract by $636,000,000 for a total not to exceed contract amount of $895,742,800, with no change to the five-year term from June 2022, through June 2027.
Per Resolution No. 095-23, the Board directed the SFPUC to submit quarterly reports showing actual CAISO charges compared with projections and remaining contract amounts.
In summary:
x CAISO actual pass-through charges for Year 2 (6/2023 – 05/2024) are $80M compared to the annual projected pass-through charges of $200M.
x CAISO actual pass-through charges so far for Year 3 (6/2024 – 05/2025) are $4M compared to the annual projected pass-through charges of $155M.
x Remaining contract amounts are $374M for CleanPowerSF and $266M for Hetch Hetchy Power, for a total of $640M.
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BoardofSupervisorsEXHIBIT1:Year2CONTRACTEXPENDITURES
PROJECTEDCONTRACTEXPENDITURES
Year CleanPowerSF HetchHetchyPower Total
Year2(6/2023Ͳ5/2024) $143,000,000.00 $57,000,000.00 $200,000,000.00
ACTUALCONTRACTEXPENDITURES
Year CleanPowerSF HetchHetchyPower Total
Year2(6/2023Ͳ5/2024) $46,406,802.11 $32,716,227.48 $79,123,029.59
PROJECTEDMINUSACTUAL
Year CleanPowerSF HetchHetchyPower Total
Year2(6/2023Ͳ5/2024) $96,593,197.89 $24,283,772.52 $120,876,970.41
REMAININGCONTRACTCAPACITY
EndDate5/2027 CleanPowerSF HetchHetchyPower Total
$376,448,843.89 $267,697,030.52 $644,145,874.41
BoardofSupervisorsEXHIBIT2:Year3CONTRACTEXPENDITURES
PROJECTEDCONTRACTEXPENDITURES
Year CleanPowerSF HetchHetchyPower Total
Year3(6/2024Ͳ5/2025) $91,000,000.00 $64,000,000.00 $155,000,000.00
ACTUALCONTRACTEXPENDITURES
Year CleanPowerSF HetchHetchyPower Total
Year3(6/2024) $2,234,843.62 $1,524,346.47 $3,759,190.09
PROJECTEDMINUSACTUAL
Year CleanPowerSF HetchHetchyPower Total
Year3(6/2024) $88,765,156.38 $62,475,653.53 $151,240,809.91
REMAININGCONTRACTCAPACITY
EndDate5/2027 CleanPowerSF HetchHetchyPower Total
$374,214,000.27 $266,172,684.05 $640,386,684.32
CAISO actual pass-through charges for Year 1 totaled $173M.
This report meets the quarterly report for Fiscal Year 2023/2024 reporting requirement established by Resolution No. 095-23.
Should you have any questions, please contact Suni Jones, SFPUC Wholesale/Retail, Acting Manager at [email protected] and (415) 554- 1575.