AGENDA
ORANGE COUNTY POWER AUTHORITY
MEETING OF THE BOARD OF DIRECTORS
Tuesday, October 15, 2024
10:00 a.m.
This meeting will proceed as an in-person meeting at 15310 Barranca Parkway, Suite 250, Irvine, CA 92618, and at the Courtyard Chihuahua, Vía Lombardía No. 5702, Plaza Citadela D1, Col. Saucito, Chihuahua, Chihuahua, 31110 Mexico. In addition, as a convenience to the public, the Orange County Power Authority is also providing an option for members of the public to remotely view and participate in the meeting. Further details are below. Please note that, in the event of a technical issue causing a disruption in the remote participation option, the meeting may continue unless otherwise required by law.
Public Comments: Any member of the public may provide comments to the Orange County Power Authority Board of Directors on any agenda items by requesting to speak during Item 4, or on any matter not appearing on the agenda but within the jurisdiction of the Board by requesting to speak during Item
5. When providing comments to the Board, it is requested that you provide your name and city of residence for the record. Commenters are requested to address their comments to the Board as a whole through the Chair. Comments may be provided in the following manner:
To provide comments during the meeting, in-person attendees, please fill out the public speaker slip and provide it to the clerk at the beginning of the meeting. Before Items 4 and 5, the Chair or Clerk will ask members of the public to join the queue to provide public comment. The queue will remain open for a reasonable amount of time to allow members of the public sufficient time to request to speak and inform the Board of the number of speakers. After such time, the queue will be closed and the members of the public who have joined the queue to speak will be recognized at the appropriate time may speak. To join the queue on Zoom video conference by computer or mobile phone, use the “Raise Hand” feature. If joining the meeting using the Zoom dial-in number, you can raise your hand and join the queue by pressing *9. Members of the public will not be shown on video but will be able to speak when called upon.
Comments shall generally be limited to three minutes when speaking, provided that the Chair may equally reduce each speaker’s time to accommodate a large number of speakers or a large number of agenda items.
Written Communications: If you have a written communication that you wish to be distributed to the Board, please provide it via e-mail to [email protected]. Written communications are public records and, if received by 5:00 p.m. on the day prior to the meeting, will be distributed to the Board prior to the meeting by either e-mail or hard-copy, posted on the Authority’s website and noted, but not read, at the meeting. Communications received after the 5:00 p.m. deadline will be retained in the Authority’s records.
The public may participate using the following remote options:
ZOOM WEBINAR
Please click the link below to join the webinar:
Launch Meeting - Zoom
Dial-in: 1-669-900-6833
Webinar ID: 829 8765 8739
1. CALL TO ORDER
2. PLEDGE OF ALLEGIANCE
3. ROLL CALL
4. PUBLIC COMMENTS ON AGENDA ITEMS
Opportunity for members of the public to address the Board on any items on the agenda.
5. PUBLIC COMMENTS ON NON-AGENDA ITEMS
Opportunity for members of the public to address the Board on any items not on the agenda but within the jurisdiction of the Board.
6. DIRECTOR ANNOUNCEMENTS & REPORTS ON CONFERENCES/EVENTS
ATTENDED
Board Members may briefly provide information to other members of the Board and the public, ask questions of staff, or report on conferences, events, or activities related to Authority business. There is to be no discussion or action taken on comments made by Board Members unless authorized by law.
7. CLOSED SESSION
1. PUBLIC EMPLOYEE PERFORMANCE EVALUATION
Pursuant to Government Code § 54957(b)(1)
Title: Chief Executive Officer
2. CONFERENCE WITH LABOR NEGOTIATORS
Pursuant to Government Code § 54957.6
Agency designated representatives: Fred Jung, Board Chair; Nicholaus Norvell, General Counsel
Unrepresented employee: Chief Executive Officer
8. CONSENT CALENDAR
All items listed under the Consent Calendar are considered to be routine and may be enacted by one motion. Prior to the motion to consider any action by the Board of Directors, any public comments on any of the Consent Items will be heard. There will be no separate action unless members of the Board of Directors request specific items be removed from the Consent Calendar.
1. MINUTES FOR THE REGULAR BOARD MEETING OF SEPTEMBER 17, 2024 Recommended Action:
Approve as submitted.
2. MINUTES FOR THE SPECIAL BOARD MEETING OF OCTOBER 3, 2024 Recommended Action:
Approve as submitted.
3. REGULATORY AND LEGISLATIVE UPDATE
Recommended Action:
Receive and file.
4. TREASURER’S REPORT – FISCAL YEAR ENDED JUNE 30, 2024 AND Q2 2024
CHECK REGISTER
Recommended Action
Receive and file.
5. AMENDMENT TO 457(b) DEFERRED COMPENSATION PLAN
Recommended Action:
Approve an amendment and election form for OCPA’s 457(b) deferred compensation plan pursuant to recent changes in federal law, and authorize the Chief Executive Officer or Chief Financial Officer to complete and execute the amendment and election form.
6. PUBLIC RECORDS ACT REPORT
Recommended Action:
Receive and file.
7. OCPA 2024 STRATEGIC PLAN PROGRESS UPDATE
Recommended Action:
Receive and file.
9. REGULAR CALENDAR
The following items call for discussion or action by the Board of Directors. The Board may discuss and/or take action on any item listed below if the Board is so inclined.
1. OCPA TRACKING SURVEY 2024 RESULTS
Recommended Action:
Receive and file.
2. OCPA’S ANNUAL POWER SOURCE DISCLOSURE ATTESTATION FOR 2023 Recommended Action:
Based on the comprehensive portfolio review completed by OCPA’s consultants and staff, it is recommended that the Board endorse the accuracy of information presented in OCPA’s 2023 Power Source Disclosure reports for Basic Choice, Smart Choice and 100% Renewable Choice service as well as the related Power Content Label reflecting such products.
3. AUTHORIZE THE CEO TO TAKE NECESSARY ACTIONS TO ACCEPT THE
GREENHOUSE GAS (GHG)-FREE ATTRIBUTE ALLOCATIONS FROM
SOUTHERN CALIFORNIA EDISON (SCE) FOR YEARS 2025 THROUGH 2027 AND FROM PACIFIC GAS & ELECTRIC (PG&E) FOR YEARS 2025
THROUGH 2030
Recommended Action:
Authorize the CEO to take the necessary actions to accept the GHG-Free energy attribute allocations from SCE’s large hydroelectric and nuclear resources for the period from 2025 to 2027 and from PG&E’s Diablo Canyon Power Plant (DCPP) nuclear resources for the period from 2025 to 2030.
10. STAFF REPORT
Staff may briefly provide information to the Board and the public. The Board may engage in discussion if the specific subject matter of the report is identified, but the Board may not take any action. There is to be no other discussion or action taken unless authorized by law.
11. ADJOURNMENT
Compliance with the Americans with Disabilities Act
Board of Directors meetings comply with the protections and prohibitions of the Americans with Disabilities Act. Individuals with a disability who require a modification or accommodation, including auxiliary aids or services, in order to participate in the public meeting may contact 949- 263-2612. Requests for disability-related modifications or accommodations require different lead times and should be provided at least 72-hours in advance of the public meeting.
Availability of Board Documents
Copies of the agenda and agenda packet are available at www.ocpower.org. Late-arriving documents related to a Board meeting item which are distributed to a majority of the Board prior to or during the Board meeting are available for public review as required by law. Public records, including agenda-related documents, can be requested electronically at [email protected] or by mail to 15642 Sand Canyon Avenue, P.O. Box 54283, Irvine, CA 92619-4283. The documents may also be posted at the above website. Such public records are also available for inspection, by appointment, at 15310 Barranca Parkway, Suite 250, Irvine, CA 92618. Please contact [email protected] to arrange an appointment.
MINUTES
REGULAR MEETING
BOARD OF DIRECTORS
ORANGE COUNTY POWER AUTHORITY
Tuesday, September 17, 2024
OCPA Board Regular Meeting of September 17, 2024 Page 1
1. CALL TO ORDER
Chair Jung called to order the Regular Meeting of the Orange County Power Authority Board of Directors at 10:00 a.m. on Tuesday, September 17, 2024.
2. PLEDGE OF ALLEGIANCE
Director Kim led the Pledge of Allegiance.
3. ROLL CALL
Present: Director Tammy Kim City of Irvine
Director Kathleen Treseder City of Irvine
Vice Chair Susan Sonne City of Buena Park
Chair Fred Jung City of Fullerton
4. PUBLIC COMMENTS ON AGENDA ITEMS – None
5. PUBLIC COMMENTS ON NON-AGENDA ITEMS
Vicki Johnson, Laguna Woods resident.
Jose Trinidad Castañeda
6. DIRECTOR ANNOUNCEMENTS & REPORTS ON CONFERENCES/EVENTS
ATTENDED
Vice Chair Sonne reported that on September 3, 2024, as a member of the CivicWell Board, she attended an all-day strategy session.
Chair Jung reported that he and Vice Chair Sonne attended the Risk Oversight Committee Meeting. They gained more insight into the energy markets, renewable energy trends, and the SCE bundled generation rates expected for the next year or two. It would benefit the Board to review its ongoing power procurement strategy. Therefore, he recommended and formed an Ad Hoc Committee to discuss this strategy. The committee, in collaboration with OCPA staff, would report to the Board before the end of the year with any recommended additions or changes to ensure that OCPA has the most effective power procurement plan for future years. Chair Jung appointed himself and Director Treseder to this Ad Hoc Committee.
OCPA Board Regular Meeting of September 17, 2024 Page 2
7. CLOSED SESSION
Recess to Closed Session
At 10:13 a.m., Chair Jung called on Interim General Counsel Norvell to recess the Board to closed session to discuss Item 7.1 on the agenda. Interim General Counsel Norvell announced the Board was recessing to closed session. The following Board Members were present: Kim, Treseder, Sonne, and Jung. Also present was Board Counsel Norvell.
1. PUBLIC EMPLOYEE PERFORMANCE EVALUATION
Pursuant to Government Code § 54957(b)(1)
Title: Chief Executive Officer
Reconvene
At 10:26 a.m., the regular meeting of the Orange County Power Authority Board of Directors reconvened with the following present: Directors Kim, Treseder, Sonne, and Jung.
General Counsel Norvell reported out of closed session that the Board met in Closed Session and discussed Item 7.1 as listed on the agenda, and there was no reportable action taken.
8. COMMITTEE REPORTS – None
9. CONSENT CALENDAR
ACTION
Vice Chair Sonne made the motion, seconded by Director Treseder to:
Approve consent calendar items 9.1 – 9.7.
The motion carried unanimously by the following 4-0 vote:
Ayes: Chair Jung, Vice Chair Sonne, Director Treseder, Director Kim, Noes: None
Absent: None
1. MINUTES FOR THE REGULAR BOARD MEETING OF JULY 16, 2024 Action Taken:
Approved as submitted.
2. MINUTES FOR THE SPECIAL BOARD MEETING OF JULY 30, 2024 Action Taken:
Approved as submitted.
OCPA Board Regular Meeting of September 17, 2024 Page 3
3. REGULATORY AND LEGISLATIVE UPDATE
Action Taken:
Received and filed.
4. COMMUNITY ADVISORY COMMITTEE MEETING (CAC) REPORT
Action Taken:
Received and filed.
5. RISK OVERSIGHT COMMITTEE UPDATE
Action Taken:
Received and filed.
6. RESCHEDULE THE NOVEMBER BOARD MEETING
Action Taken:
1. Canceled the November 19, 2024, Regular Board Meeting and scheduled a Regular Board Meeting on November 25, 2024.
2. Adopted Resolution No. 2023-06, amending the Board’s 2024 regular meeting schedule to reschedule the November regular Board meeting.
7. 2024 BIENNIAL CONFLICT OF INTEREST CODE REVIEW
Action Taken:
Adopted Resolution No. 2024-07 adopting the amended Conflict of Interest Code pursuant to the Political Reform Act of 1974 and directing submittal to the Authority’s code-reviewing body for approval.
10. REGULAR CALENDAR
1. MARKETING AND PUBLIC OUTREACH UPDATE
Director of Communications and External Affairs Henderson summarized the presentation for this item.
Chair Jung thanked Director Henderson for the informative presentation. He stated that there were 3.2 million residents in Orange County, and about half a million of those are OCPA Customers. Of that, we had multimillion impressions, which was impressive. He saw the Flip the Switch commercial as he was fast-forwarding a recorded Bravo program. He suggested that the Board Members receive a copy of said commercial.
Action Taken:
Received and filed.
OCPA Board Regular Meeting of September 17, 2024 Page 4
2. APPROVE COMMUNITY POWER PLAN TECHNICAL ASSISTANCE
AND PROGRAM SUPPORT SERVICES AGREEMENT WITH THE
ENERGY COALITION
Director of Communications and External Affairs Henderson briefly summarized this item.
Chair Jung expressed concerns about the lack of clarity in the evaluation process.
In every matrix, we had vendors who scored higher, yet they were not the ones recommended. Why did we not go with those vendors?
Director of Communications and External Affairs Henderson stated the cost, and The Energy Coalition (TEC) being a local vendor were the determining factors.
Chair Jung requested clarification on the cost matrix to determine whether it costs less or more to use the recommended vendor.
Energy Programs Analyst Morales Sandoval provided additional information to clarify the factors used for the staff’s recommended vendor.
Vice Chair Sonne also had similar concerns about the recommended vendor and in the areas where no points were awarded, why did that happen? Analyst Morales Sandoval stated that those vendors had not submit pricing for that scope of work in their proposals.
CEO Mosca stated that TEC had Community Choice Aggregation (CCA) experience and have successfully completed several projects for other Southern California CCAs.
Vice Chair Sonne stated that she would have liked to have those other factors that were used listed in the staff report to help support staff’s recommendation.
Director Treseder made the motion, seconded by Director Kim to:
Authorize the CEO to execute a two-year Agreement with The Energy Coalition for Community Power Plan Technical Assistance and Program Support, effective September 18, 2024, through September 17, 2026, including the option for the CEO to extend the Agreement for three additional one-year terms, subject to satisfactory performance. The not-to-exceed amount for developing the Community Power Plan is $250,000, plus $250,000 for as-needed technical assistance, program implementation support, and grant management, for a total not-to-exceed amount of $500,000.
OCPA Board Regular Meeting of September 17, 2024 Page 5 The motion carried unanimously by the following 4-0 vote:
Ayes: Chair Jung, Vice Chair Sonne, Director Treseder, Director Kim, Noes: None
Absent: None
3. INTRODUCTION AND DISCUSSION OF 2024 JOINT RATE
COMPARISON MAILER
CEO Mosca provided a brief summary of this item.
Chair Jung expressed that this item was presented after it had already been sent out.
In the future, he would like to have this item brought to the attention of Board before it was sent out to the customers.
Director Treseder requested that staff address the discrepancies of the renewable percentages on the tables presented.
Kirby Dusel, representative of Pacific Energy Advisors, provided the clarification, one table has the current year and the other has 2023 retrospective data.
CEO Mosca further clarified the information provided in the two tables and footnotes.
Vice Chair Sonne requested that the website have short videos that people can zoom into the mailer areas to get these explanations.
Director Kim restated that it was critical that the Board Members needed to have this information before it went out. They could not be blindsided; they needed the information to help explain the mailer.
Action Taken:
Received and filed.
4. OCPA 2024 STRATEGIC PLAN PROGRESS UPDATE (This item was moved to the October 15, 2024 meeting)
5. APPOINTMENT OF TWO AT-LARGE MEMBERS TO THE
COMMUNITY ADVISORY COMMITTEE
Community Engagement Manager Kraemer provided a brief summary of this item.
Chair Jung made the motion, seconded by Vice Chair Sonne to:
Appoint the two at-large members, Faisal Qazi and Dominic Bendinelli, to the Community Advisory Committee (CAC).
OCPA Board Regular Meeting of September 17, 2024 Page 6 The motion carried unanimously by the following 4-0 vote:
Ayes: Chair Jung, Vice Chair Sonne, Director Treseder, Director Kim, Noes: None
Absent: None
11. STAFF REPORT
CEO Mosca provided several highlights from his staff report and emphasized that the meeting was in the new boardroom in the new office space. This new OCPA office space fully met the Agency’s needs now and in the future. He thanked the Board Members and the staff for making this happen.
12. ADJOURNMENT
There being no further business to come before the Board, Chair Jung adjourned the September 17, 2024, Orange County Power Authority Board Regular meeting at 11:16 a.m.
Submitted by:
Pat Jacquez-Nares, Authority Secretary
MINUTES
SPECIAL MEETING
BOARD OF DIRECTORS
ORANGE COUNTY POWER AUTHORITY
Thursday, October 3, 2024
OCPA Board Special Meeting of October 3, 2024 Page 1
1. CALL TO ORDER & ROLL CALL
Chair Jung called to order the Special Meeting of the Orange County Power Authority Board of Directors at 3:50 p.m. on Thursday, October 3, 2024.
Present: Director Kathleen Treseder City of Irvine
Vice Chair Susan Sonne City of Buena Park
Chair Fred Jung City of Fullerton
Director Tammy Kim City of Irvine Arrived Outside
Event at 3:40 p.m.
2. PLEDGE OF ALLEGIANCE
Vice Chair Sonne led the Pledge of Allegiance.
3. PUBLIC COMMENTS ON AGENDA ITEMS ONLY – None
4. STATE OF THE AGENCY, OPEN HOUSE, & ANNUAL CELEBRATION
5. ADJOURNMENT
Authority Clerk Jacquez-Nares adjourned the meeting at 5:53 p.m. due to a lack of quorum.
Submitted by:
Pat Jacquez-Nares, Authority Secretary
ORANGE COUNTY POWER AUTHORITY
Staff Report – Item 8.3
-------------------------------------------------------------------------------------------------------------------- To: Orange County Power Authority Board of Directors
From: Steven Halligan, Regulatory and Legislative Manager Approved By: Joe Mosca, Chief Executive Officer
Subject: LEGISLATIVE AND REGULATORY UPDATE
Date: October 15, 2024
--------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
Receive and file.
LEGISLATIVE UPDATE
Orange County Power Authority tracked over 100 pieces of legislation throughout 2024. The deadline for the Governor to sign or veto legislation was September 30. Of the bills tracked, the Governor signed eleven into law.
• AB 2292 (Cottie Petrie-Norris) – Electrical transmission facilities: certificates of public convenience and necessity
o Repealed Section 1002.3 of the Public Utilities Code. Section 1002.3 required the commission, in considering an application for a certificate of public convenience and necessity for an electric transmission facility, to consider cost-effective alternatives to transmission facilities that meet the need for an efficient, reliable and affordable supply of electricity, including demand-side alternatives such as targeted energy efficiency, ultraclean distributed generation, as defined, and other demand reduction resources.
• AB 2368 (Cottie Petrie-Norris) – System reliability and outages o This bill would require the Independent System Operator, if it finds that the primary cause of an outage was the insufficiency of the available electricity supply, to post the finding and recommendations to prevent future shortfalls on its internet website and share the finding and recommendations with the Public Utilities Commission (PUC), the State Energy Resources Conservation and Development Commission, and the Legislature. This bill would also require that the resource adequacy program consider mitigation measures, if the commission determines they are needed, to reduce costs to ratepayers. The bill would require the PUC to determine and authorize the most efficient and equitable means of ensuring that the resource adequacy program can reasonably maintain a standard measure of reliability and use it for planning purposes. This bill would require the PUC, as part of the integrated planning process, to assess short-term, midterm, and long-term reliability by conducting specified modeling. The bill would require the PUC to review the results, as specified.
• AB 2672 (Cottie Petrie-Norris) – California Alternate Rates for Energy program: public housing authority owned or administered Homekey housing facilities o This bill would require that the CARE program include public housing authority owned or administered Homekey housing facilities where the residents of the facility substantially meet the CARE program’s income eligibility requirements, as determined by the commission, and the account is in the name of Homekey, a nonprofit funded by Homekey, or the public housing authority that owns or administers the facility. The bill would require the commission to authorize electrical corporations and gas corporations to offer discounts to those facilities and to establish a feasible process for certifying that the assistance is used for the direct benefit of the residents of those facilities.
• AB 2750 (Gallagher) – Electricity: procurement: generation from biomass o Existing law vests the Public Utilities Commission with regulatory authority over public utilities, including electrical corporations, while local publicly owned electric utilities are under the direction of their governing boards. Existing law requires electrical corporations, in addition to other requirements to procure generating capacity from bioenergy projects, to collectively procure, by December 1, 2023, their proportionate share of 125 megawatts of cumulative rated generating capacity from bioenergy projects that commenced operations before June 1, 2013, and that use certain feedstocks. This bill would extend that procurement deadline to July 1, 2025.
• AB 2779 (Cottie Petrie-Norris) – Independent System Operator: transmission planning o This bill would require the Independent System Operator, upon approval of each transmission plan, to report to the Public Utilities Commission and to the relevant policy committees of each house of the Legislature any new use of any grid enhancing technology that is deemed reasonable by the Independent System Operator in that plan and the cost and efficiency savings of the deployment of that grid enhancing technology.
• AB 3264 (Cottie Petrie-Norris) – Energy: cost framework: residential rates: demand-side management programs report: electrical transmission grid study o This bill would require the PUC, in consultation with the State Energy Resources Conservation and Development Commission (Energy Commission), to develop a framework for assessing, tracking, and analyzing total annual energy costs paid by residential households in California, as specified. The bill would authorize the PUC to use the framework for purposes of evaluating any request by an electrical corporation and gas corporation to track new spending eligible for recovery or to adjust a revenue requirement. The bill would require the PUC to submit a report to the Legislature containing the framework and certain information. The bill would require large electrical corporations, as defined, and large gas corporations, as defined, by January 1, 2026, and each year thereafter, to publish on their internet websites and provide to the PUC a visual representation of certain cost categories included in residential electric or gas rates for the succeeding calendar year. This bill would also require the PUC, in consultation with the Energy Commission, the California Infrastructure and Economic Development Bank, and the Independent System Operator, by July 1, 2025, to submit to the Governor and the Legislature a study identifying proposals to reduce the cost to ratepayers of expanding the state’s electrical transmission grid as necessary to achieve the state’s goals, to meet the state’s requirements, and to reduce the emissions of greenhouse gases, as specified in law, regulation, or executive order. • SB 1006 (Padilla) – Electricity: transmission capacity: reconductoring and grid-enhancing technologies o This bill would require each transmission utility, as defined, on or before January 1, 2026, and every 2 years thereafter, to prepare a study of the feasibility of projects using grid-enhancing technologies to achieve, among other purposes, increased capacity to connect new renewable energy and zero-carbon resources, as provided. The bill would require each transmission utility, on or before January 1, 2026, and at least every 4 years thereafter, to prepare a study of which of its transmission lines can be reconductored with advanced conductors to achieve, among other purposes, increased capacity to connect new renewable energy and zero-carbon resources, as provided. The bill would, upon completion of those studies, require each transmission utility to submit the studies to the Independent System Operator, as specified, and would require each transmission utility to request that the Independent System Operator review the results of the studies as part of the annual transmission planning process for economic, reliability, and policy goals. The bill would, upon submission to the Independent System Operator, require the transmission utilities to make their studies publicly available. The bill would specify that information in the studies that is determined by the Independent System Operator, in consultation with the transmission utilities, to be necessary to protect the security of the electrical transmission system is to be withheld from public disclosure.
• SB 1177 (Bradford) – Public utilities: women, minority, disabled veteran, and LGBT business enterprises
o This bill would require community choice aggregators to provide certain information in the aggregate as part of the above-described annual report, including, among other information, data regarding the diversity of contractor or subcontractor workforces and the total dollar amounts expended with in-state subcontractors, as provided. The bill would also require the commission to direct each community choice aggregator with gross annual revenues exceeding $15,000,000 to annually submit to the commission a report describing the employment of women, minority, disabled veteran, and LGBT individuals at all levels of employment within its organization and the diversity, equity, and inclusion policies or activities that promote equitable recruitment and hiring, and would require those entities to furnish an annual report regarding the implementation of related programs. By imposing additional duties on community choice aggregators, the bill would impose a state-mandated local program. • SB 1142 (Menjivar) – Electrical and gas corporations: restoration and termination of services
o This bill would require an electrical or gas corporation to restore service to a residential customer whose service was previously terminated for nonpayment of delinquent amounts upon the customer entering into an amortization agreement or any other arrearage payment plan determined by the Public Utilities Commission.
The bill would require the restoration of service to occur by specified deadlines to the extent authorized by commission rules. This bill would require the commission, on or before July 1, 2025, to determine whether to direct electrical and gas corporations to take into account a customer’s ability to pay before terminating or reconnecting services, as provided.
• SB 1221 (Min) – Gas corporations: ceasing service: priority neighborhood decarbonization zones
o This bill would require each gas corporation, on or before July 1, 2025, and annually after that, to submit to the commission a map containing certain information, including the location of all potential gas distribution line replacement projects identified in its distribution integrity management plan and other foreseeable gas distribution pipeline replacements. The bill would require the commission, on or before January 1, 2026, to designate priority neighborhood decarbonization zones considering, among other things, the concentration of gas distribution line replacement projects identified in the maps. The bill would require the commission, on or before July 1, 2026, to establish a voluntary program to facilitate the cost-effective decarbonization of priority neighborhood decarbonization zones, as defined, not to exceed 30 pilot projects across the state and affecting no more than 1% of each gas corporation’s customers within its service territory, except as provided. The bill would prohibit the commission from establishing pilot projects on or after January 1, 2030. The bill would require the commission to establish various processes, criteria, methodology, and requirements in administering the pilot projects, including by establishing the criteria and methodology for determining the cost-effectiveness of zero-emission alternatives, as defined, and establishing the appropriate rate of return and recovery period that a gas corporation is eligible to receive for their costs to implement zero-emission alternatives. The bill would authorize a gas corporation to cease providing, and would require the commission to relieve the gas corporation of its obligation to provide, service in an area within the gas corporation’s service territory where a pilot project has been implemented if the commission determines that adequate substitute energy service is reasonably available to support the energy end uses of affected gas corporation customers, as provided. The bill would also require the commission to submit various reports to the relevant committees of the Legislature regarding the pilot projects, as provided. The bill would, except as provided, repeal the above-described provisions on January 1, 2031.
• SB 1420 (Caballero) – Hydrogen production facilities: certification and environmental review
o This bill would expand the types of facilities eligible to be certified as environmental leadership development projects by the Energy Commission to include hydrogen production facilities and associated onsite storage and processing facilities that do not derive hydrogen from a fossil fuel feedstock and that receive funding from specified state and federal programs.
REGULATORY UPDATE
OCPA actively participates in several regulatory proceedings at the California Public Utilities Commission, California Independent System Operator, and the California Energy Commission.
A summary and status update of active proceedings is included below. • Demand Flexibility – R.22-07-005 (Income Graduated Fixed Charge) o Summary: The CPUC issued an OIR on July 22, 2022, to advance customer demand flexibility through electric rates to support reliability, decarbonization, and affordability. The P1 Scoping Ruling, dated November 2, 2022, set forth the schedule, including two tracks for (1) establishing an IGFC for residential rates as required by AB 205 (Track A), and (2) streamlining the adoption of demand flexibility rates for IOUs (Track B). Within Track B, ED formed two WGs, addressing (1) demand flexibility rate design (Working Group (WG) 1), and (2) the systems and processes necessary to enable unbundled customers to take service on dynamic prices (WG 2) The WGs culminated with the filing of the Track B WG Report on October 11, 2023.
o Status: As of September 10, 2024, the CPUC suspended all three IOUs’ IGFC implementation ALs for up to 120 days. As Tier 3 ALs, they require a CPUC resolution. The ALs (all filed August 13, 2024) (PG&E AL 7351-E , SCE AL 5358-E, and SDG&E AL 4492-E) detail information previously discussed with stakeholders regarding ME&O, budgets, and billing system upgrades. No changes to authorized IGFC tiers or fixed charge amounts were proposed in the ALs.
SCE’s and SDG&E’s implementation of the IGFC is scheduled for Q4 2025; PG&E estimates it can implement the IGFC in Q1 of 2026. The total budget authorized by D.24-05-028 for implementation of the IGFC is $35.6 million and the ALs provide details as to how individual budgets will contribute to implementation. PG&E requests approximately $1.7 million more than D.24-05- 028 authorized to upgrade its billing system for IGFC implementation. • Disconnections – R.18-07-005
o Summary: This proceeding was opened in 2018 to address rising disconnection rates from customer nonpayment of electric bills. After issuing several decisions instituting various rules and programs, P2 is now addressing issues to further prevent disconnections, especially following the COVID pandemic. o Status: D.24-09-005 was adopted September 12, 2024, requiring the IOUs to continue indefinitely the proportional allocation between IOUs and CCAs of partial past-due electric utility bill payments. The current suspension of the “waterfall,” the IOU standard practice of first allocating to the IOUs all partial past-due bill payments in the name of preventing disconnections, was set to terminate at the end of September 2024.
• Integrated Resource Planning (IRP) - R.20-05-003
o Summary: The IRP proceeding considers the CPUC’s electric procurement policies and programs to ensure safe, reliable, and cost-effective electricity supply. The proceeding evaluates system, local, and flexible reliability needs ten years out, authorizes procurement, and reviews LSEs’ procurement plans. o Status: On August 9, 2024, the CPUC issued a PD allowing bridge resources for the Diablo Canyon Replacement Capacity MTR requirement. On September 12, 2024, the CPUC issued a Ruling with the proposed 2025-2026 TPP portfolios.
The Ruling includes:
Modeling inputs and assumptions updates;
Recommended 2025-2026 TPP base case portfolio;
Recommended 2025-2026 TPP sensitivity portfolio and an alternative 2025-2026 TPP sensitivity portfolio; and
Busbar mapping methodology updates.
• Resource Adequacy (RA) - R.21-10-002 and R.23-10-011
o Summary: The OIR for R.21-10-002 set forth the following objectives: to continue the CPUC’s oversight of the RA program, to consider broader structural reforms to the program, and to establish RA procurement obligations for LSEs beginning with the 2023 RA year. This proceeding is split into two tracks. The implementation track has considered near term reforms, including the adoption of the local and flexible capacity requirements, reforms to the CPE structure, modifications to the PRM, and revisions to RA counting. The reform track considers broader structural changes to effectuate a 24-hour SOD framework. The OIR for R.23-10-011 continues the CPUC’s oversight of the RA program, establishes forward RA procurement obligations applicable to LSEs beginning with the 2025 compliance year, and considers structural reforms to the program.
This proceeding is the successor to proceeding R.21-10-002 and includes the following issues in scope: adoption of local and flexible RA requirements, LOLE study and PRM, 24-hour SOD framework, UCAP, QC counting conventions, RA compliance and penalties, and other refinements to the RA program. o Status: The CPUC issued a Ruling on August 30, 2024, with a revised SOD PRM calibration. The Ruling includes the following ED recommendation: “[b]ased on revised analysis using updated SOD tool and exceedance profiles, staff propose the CPUC adopt an RA obligation for LSEs that requires a 26.5 percent PRM on top of the CAISO coincident managed peak demand forecast in months January through May, and a 23.5 percent PRM in the other months of the year (June through December.)”
FISCAL IMPACT
None
ATTACHMENTS
None
ORANGE COUNTY POWER AUTHORITY
Staff Report – Item 8.4
--------------------------------------------------------------------------------------------------------------------- To: Orange County Power Authority Board of Directors
From: Tiffany Law, Chief Financial Officer
Approved By: Joe Mosca, Chief Executive Officer
Subject: TREASURER’S REPORT – FISCAL YEAR ENDED JUNE 30, 2024 AND Q2 2024
CHECK REGISTER
Date: October 15, 2024
---------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
Receive and file.
BACKGROUND
The Treasurer’s Report, representing the financial statement of the Orange County Power Authority (OCPA), is to be presented to the governing body on a quarterly basis. This report is prepared in accordance with Generally Accepted Accounting Principles (GAAP) in the United States and includes the statement of net position, the statement of revenues, expenses, and changes in net position, as well as the statement of cash flows.
OCPA has prepared unaudited financial statements for the year-to-date period from July 1, 2023, to June 30, 2024. These statements are accompanied by budgetary comparisons, an investment summary, a schedule of outstanding debt, and a check register.
The financial statements for the period ending June 30, 2024, will remain in draft form until the annual audit is completed in November 2024.
ANALYSIS AND DISCUSSION
The unaudited financial statements for the fiscal year ending June 30, 2024, highlight OCPA's sound and healthy financial performance, positioning it well to serve its customers and fulfill its mission. OCPA increased its net position by $51 million during the year, bringing its total accumulated net position to $90 million by year-end. This equates to 119 days of liquidity on hand, or 27% of total operating expenses as of June 30, 2024. These financial results are in full compliance with OCPA’s credit covenants.
Given this strong financial performance in FY2023/24, OCPA plans to defer $45 million of operating revenue into the Rate Stabilization Fund (RSF). Approved by the Board in June 2024, the RSF is a vital component of OCPA’s financial strategy, serving as both a critical accounting mechanism and a prudent risk management tool under GASB 62. By allocating these funds, OCPA enhances its ability to mitigate financial risks and protect customers from potential rate shocks.
This proactive approach ensures that OCPA can maintain competitive rates in future years, even when faced with challenges such as significant changes in SCE’s Power Charge Indifference Adjustments (PCIA) and generation rates, as well as unexpected increases in energy prices, including sharp hikes in renewable energy (PCC1) and Resource Adequacy (RA) costs.
While this revenue deferral will reduce the operating revenue and net position for FY2023/24, the funds will still be considered part of the operating reserve. The deferral balance of $45 million will be reflected in the audited financial statements as of June 30, 2024, and included in the November 25, 2024, board packet.
Financial Highlights for the Fiscal Year Ended June 30, 2024:
Year-over-Year Actual Analysis
• Operating revenues increased by $106 million, or 39%, from $276 million in FY2022/23 to $382 million in FY2023/24, reflecting the full-year impact of commercial and residential enrollments in April 2022 and October 2022, respectively. Electricity consumption rose by 344 GWh, or 15%, from 2,316 GWh in FY2022/23 to 2,660 GWh in FY2023/24. However, as mentioned above, operating revenues will be reduced by a $45 million transfer to the RSF pursuant to OCPA’s Board-approved Rate Stabilization Fund Policy. • Cost of electricity rose by $93 million, or 40%, from $229 million in FY2022/23 to $322 million in FY2023/24. This increase was primarily driven by a nearly 400% surge in eligible renewable energy (RPS) prices since 2022, due to incremental procurement orders, supply chain challenges, curtailments, and increased voluntary RPS targets, which have constrained the available project pipeline. Additionally, RA prices during the summer months have more than tripled over the last three years, due to higher state-mandated planning reserve margins and the California Public Utilities Commission’s zero-tolerance compliance policy. • Contract services, staff compensation, and other operating expenses increased by $2.4 million, or 28%, from $8.4 million in FY2022/23 to $10.8 million in FY2023/24. This rise was driven by costs related to the enrollment of residential customers, including data management and SCE service fees, as well as the expansion of OCPA staff, consultants, and operational capabilities. Increased marketing and outreach efforts were also made to strengthen customer relationships.
• Investment income grew by $1.5 million, or 156%, from $963k in FY2022/23 to $2.5 million in FY2023/24. This significant growth was largely due to a prudent strategy of diversifying investments, shifting into Negotiable Certificates of Deposit and T-Bills with higher yields since March 2024.
• Interest and financing expenses decreased by $237k, or 34%, from $701k in FY2022/23 to $465k in FY2023/24, primarily due to lower financing costs after the full repayment of loan draws from the credit facility in March 2023. Additionally, since April 2024, staff has worked diligently with energy counterparties and US Bank to transition collateral posting requirement from letters of credit to cash posting, further reducing financing costs and financial obligations.
FY2023/24 Budget to Actual Analysis
The FY2023/24 Budget to Actual Analysis compares actual results for the 12 months ending June 30, 2024, with both the FY2023/24 Original Approved Budget and the FY2023/24 Amended Approved Budget, as outlined below:
• Operating revenues were $1.7 million, or 0.4%, above the Amended Budget due to higher load consumption by 71 GWh, or 3% (+$10 million). This was partially offset by a reduction in the average retail price of $3.3/MWh, or 2% (-$8.5 million). Sales revenue includes both revenues already billed to customers and estimated customer usage during the reporting period that has not yet been billed.
• Cost of energy was $25.3 million, or 8.5%, above the Amended Budget due to higher load consumption (+71 GWH or 3%) and actual REC costs exceeding expectations by $26.5 mil, primarily driven by a higher average REC cost of $16.2/MWh, or 62%. This increase was partially offset by a lower REC load of 173 GWh, or 8%, as well as lower RA costs (-$1mil) and NEM Net Surplus Compensation and Lookback Credit payouts (-$441k). • Non-energy operating expenses include data manager, SCE service, staffing, contract services, legal services, marketing & outreach, general & administration, and energy programs.
OCPA has actively managed these costs, employing a conservative use of funds, along with delays in hiring. OCPA increased staffing from 10 to 15 full-time employees during the fiscal year, compared to the 26 full-time positions that were budgeted, resulting in overall savings of $2.7 million, or 19.9%, under the Amended Budget.
Unaudited
Actual
Original Approved
Budget Var %
Amended Approved
Budget Var %
YTD 6/30/2024 YTD 6/30/2024 YTD 6/30/2024 YTD 6/30/2024 Operating Expenses
Contract Services
Professional Services 1,467,353 1,721,000 (253,647) -14.7% 1,716,000 (248,647) -14.5% 2,531,504 2,345,000 186,504 8.0% 2,539,000 (7,496) -0.3% 495,158 675,000 (179,842) -26.6% 675,000 (179,842) -26.6% Communications & Outreach 2,027,457 2,304,000 (276,543) -12.0% 2,246,000 (218,543) -9.7% Service Fees - SCE 572,089 372,000 200,089 53.8% 606,000 (33,911) -5.6% Energy Programs 186,300 750,000 (563,700) -75.2% 750,000 (563,700) -75.2% Staff Compensation 2,563,579 6,346,000 (3,782,421) -59.6% 3,980,000 (1,416,421) -35.6% General & Administration 951,852 1,086,000 (134,148) -12.4% 967,000 (15,148) -1.6% Total Operating Expenses (excl. COE) 10,795,292 15,599,000 (4,803,708) -30.8% 13,479,000 (2,683,708) -19.9% Data Manager
Legal
• Non-operating revenues were $791k, or 67.9%, higher than the Amended Budget, primarily due to a prudent strategy of diversifying investments into higher-yield opportunities since March 2024, along with the reclassification of the in-house data analytics platform for $100k to non-energy operating expenses.
• Net Position: In its first full year of combined commercial and residential operations, FY2023/24 achieved actual net revenues of $382 million and total operating and non-operating expenses of $331 million, resulting in a $51 million contribution to the operating reserve, which includes the accumulated net position and the Rate Stabilization Fund (RSF). While this is approximately $10 million above the Original Budget, it is about $20 million below the Amended Budget due to unexpected sharp increases in renewable energy costs of $26.5 million.
As a result, the operating reserve has reached $90 million – approximately $2 million higher than the Original Budget of $88 million, but $20 million lower than the Amended Budget of $110 million.
FISCAL IMPACT
There is no financial impact from receiving the report.
ATTACHMENT
A. Treasurer’s Report ending June 30, 2024
B. Q2 2024 Check Register
Unaudited
Actual
Original Approved
Budget Var %
Amended Approved
Budget Var %
YTD 6/30/2024 YTD 6/30/2024 YTD 6/30/2024 YTD 6/30/2024 Nonoperating Revenues (Expenses)
Investment Income 2,467,019 - 2,467,019 #DIV/0! 1,760,000 707,019 40.2% Interest and Financing Expense (510,559) (382,000) (128,559) 33.7% (495,000) (15,559) 3.1% Capital Outlay - (125,000) 125,000 -100.0% (100,000) 100,000 -100.0% Nonoperating Revenues (Expenses), net 1,956,460 (507,000) 2,463,460 -485.9% 1,165,000 791,460 67.9% Change in Net Position 51,329,077 41,135,000 10,194,077 24.8% 71,459,000 (20,129,923) -28.2% Net Position at Beginning of Period 38,536,593
Net Position at End of Period 89,865,670 87,698,000 2,167,670 2.5% 109,998,000 (20,132,330) -18.3% 1 ACCOUNTANTS’ COMPILATION REPORT
Management
Orange County Power Authority
Management is responsible for the accompanying financial statements of Orange County Power Authority (a California Joint Powers Authority) which comprise the statement of net position as of June 30, 2024, and the related statement of revenues, expenses, and changes in net position, and the statement of cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America. We have performed a compilation engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the AICPA. We did not audit or review the accompanying statements nor were we required to perform any procedures to verify the accuracy or completeness of the information provided by management. Accordingly, we do not express an opinion, conclusion, nor provide any assurance on these financial statements.
Management has elected to omit substantially all of the note disclosures required by accounting principles generally accepted in the United States of America in these interim financial statements.
Orange County Power Authority’s annual audited financial statements include the note disclosures omitted from these interim statements. If the omitted disclosures were included in these financial statements, they might influence the user’s conclusions about the Authority’s financial position, results of operations, and cash flows. Accordingly, these financial statements are not designed for those who are not informed about such matters.
We are not independent with respect to the Authority because we performed certain accounting services that impaired our independence.
Maher Accountancy
San Rafael, CA
August 29 2024
DRAFT
ASSETS
Current assets
Cash - unrestricted 79,735,416$
Cash - restricted 600,000
Investments 19,975,918
Accounts receivable, net of allowance 26,828,551
Accrued revenue 20,085,848
Other receivables 6,977,630
Prepaid expenses 193,444
Deposits 3,755,589
Total current assets 158,152,396
Noncurrent assets
Cash - restricted 5,000,000
Deposits 9,278,857
Capital asset, net of amortization 918,417
Total noncurrent assets 15,197,274
Total assets 173,349,670
LIABILITIES
Current liabilities
Accrued cost of electricity 71,612,632
Accounts payable 1,005,354
Other accrued liabilities 895,522
User taxes and energy surcharges due to other governments 1,204,944 Lease liability 57,236
Total current liabilities 74,775,688
Noncurrent liabilities
Loan payable 7,527,841
Accrued interest and financing costs 319,290
Lease liability 861,181
Total noncurrent liabilities 8,708,312
Total liabilities 83,484,000
NET POSITION
Unrestricted 89,865,670
Total net position 89,865,670$
ORANGE COUNTY POWER AUTHORITY
STATEMENT OF NET POSITION
As of June 30, 2024
See accountants' compilation report. 2
DRAFT
OPERATING REVENUES
Electricity sales, net 382,084,243$
OPERATING EXPENSES
Cost of electricity 321,916,334
Contract services 7,279,861
Staff compensation 2,563,579
Other operating expenses 997,814
Total operating expenses 332,757,588
Operating income (loss) 49,326,655
NONOPERATING REVENUES (EXPENSES)
Investment income 2,467,019
Interest and financing expense (464,597)
Nonoperating revenues (expenses), net 2,002,422
CHANGE IN NET POSITION 51,329,077
Net position at beginning of period 38,536,593
Net position at end of period $ 89,865,670
ORANGE COUNTY POWER AUTHORITY
STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN NET POSITION
Year Ended June 30, 2024
See accountants' compilation report. 3
DRAFT
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers 388,331,143$
Other operating receipts 1,466,303
Payments to suppliers for electricity (299,814,653)
Payments for goods and services (8,240,147)
Payments of staff compensation and benefits (2,444,883) Payments of taxes and energy surcharges to other governments (7,773,881) Net cash provided (used) by operating activities 71,523,882
CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES
Payments of interest and related expenses (264,862)
CASH FLOWS FROM INVESTING ACTIVITIES
Investment income received 2,199,657
Purchase of investments (19,950,556)
Net cash provided (used) by investing activities (17,750,899) Net change in cash 53,508,121
Cash at beginning of period 31,827,295
Cash at end of period 85,335,416$
Reconciliation to the Statement of Net Position
Cash (unrestricted) 79,735,416$
Restricted cash, current 600,000
Restricted cash, noncurrent 5,000,000
Total cash at end of period 85,335,416$
ORANGE COUNTY POWER AUTHORITY
STATEMENT OF CASH FLOWS
Year Ended June 30, 2024
See accountants' compilation report. 4
DRAFT
RECONCILIATION OF OPERATING INCOME (LOSS) TO NET
CASH PROVIDED (USED) BY OPERATING ACTIVITIES
Operating income (loss) 49,326,655$
Adjustments to reconcile operating income (loss) to net cash provided (used) by operating activities
(Increase) decrease in:
Accounts receivable (3,459,826)
Other receivables (3,463,685)
Accrued revenue 1,977,614
Prepaid expenses 11,163,116
Deposits (11,293,483)
Increase (decrease) in:
Accrued cost of electricity 26,873,013
Accounts payable 493,611
Other accrued liabilities (48,364)
User taxes and energy surcharges due to other governments (44,769) Net cash provided (used) by operating activities $ 71,523,882
ORANGE COUNTY POWER AUTHORITY
STATEMENT OF CASH FLOWS (continued)
Year Ended June 30, 2024
See accountants' compilation report. 5
DRAFT
1 ACCOUNTANTS’ COMPILATION REPORT
Board of Directors
Orange County Power Authority
Management is responsible for the operating fund and program fund budget comparison reports of Orange County Power Authority (OCPA), a California Joint Powers Authority, for the year ended June 30, 2024, and for determining that the budgetary basis of accounting is an acceptable financial reporting framework. We have performed a compilation engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the AICPA. We did not audit or review the accompanying statement nor were we required to perform any procedures to verify the accuracy or completeness of the information provided by management.
Accordingly, we do not express an opinion, a conclusion, nor provide any assurance on this special purpose budgetary comparison statement.
The special purpose statement is prepared in accordance with the budgetary basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the United States of America. This report is intended for the information of the Board of Directors of OCPA.
Management has elected to omit substantially all of the note disclosures required by accounting principles generally accepted in the United States of America in these interim financial statements.
OCPA’s annual audited financial statements include the note disclosures omitted from these interim statements. If the omitted disclosures were included in these financial statements, they might influence the user’s conclusions about the Authority’s financial position, results of operations, and cash flows.
Accordingly, these financial statements are not designed for those who are not informed about such matters.
We are not independent with respect to OCPA because we performed certain accounting services that impaired our independence.
Maher Accountancy
San Rafael, CA
August 29, 2024
DRAFT
YTD Actual
YTD Amended
Budget
YTD Budget
Variance
(Under) Over
YTD Actual as
a Percent of
Budget
Annual
Amended
Budget
Annual
Amended
Budget Variance
OPERATING REVENUES
Electricity Sales, net $ 382,084,243 $ 380,430,000 $ 1,654,243 100.4% 380,430,000 $ $ 1,654,243
OPERATING EXPENSES
Cost of Energy 321,916,334 296,657,000 25,259,334 108.5% 296,657,000 25,259,334 Data Manager 2,531,504 2,539,000 (7,496) 99.7% 2,539,000 (7,496) Utilities Service Fees 572,089 606,000 (33,911) 94.4% 606,000 (33,911) Staffing Costs 2,563,579 3,980,000 (1,416,421) 64.4% 3,980,000 (1,416,421)Contract Services 1,467,353 1,716,000 (248,647) 85.5% 1,716,000 (248,647) Legal Services 495,158 675,000 (179,842) 73.4% 675,000 (179,842) Marketing and Customer Enrollment 2,027,457 2,246,000 (218,543) 90.3% 2,246,000 (218,543) Other G&A 951,852 967,000 (15,148) 98.4% 967,000 (15,148) Energy Programs (Transfer to Programs Fund) 750,000 750,000 100.0% 750,000 - - Total operating expenses 333,275,326 310,136,000 23,139,326 310,136,000 23,139,326 Operating income (loss) 48,808,917 70,294,000 (21,485,083) 70,294,000 (21,485,083)
NONOPERATING REVENUES (EXPENSES)
Investment and miscellaneous income 2,467,019 1,760,000 707,019 N/A 1,760,000 707,019Interest and financing expense (510,559) (495,000) (15,559) 103.1% (495,000) (15,559)Capital Outlay - (100,000) 100,000 0.0% (100,000) 100,000 Nonoperating revenues (expenses), net 1,956,460 1,165,000 791,460 1,165,000 791,460 CHANGE IN NET POSITION $ 50,765,377 $ 71,459,000 $ (20,693,623) $ 71,459,000 $ (20,693,623)
ORANGE COUNTY POWER AUTHORITY
OPERATING BUDGET COMPARISON REPORT
Year Ended June 30, 2024
DRAFT
See accountants' compilation report. 2
YTD Actual
YTD
Budget
YTD
Budget
Variance
(Under)
Over
YTD
Actual as a
Percent of
Budget
Annual
Budget
Annual
Budget
Remaining
REVENUE AND OTHER SOURCES
Transfer in - from Operating Budget 750,000$ 750,000$ -$ 100.0% 750,000$ -$
EXPENDITURES AND OTHER USES
Energy Program expenditures 186,300 750,000 (563,700) 24.8% 750,000 563,700 Net change in fund balance 563,700$ -
Fund balance at beginning of period -
Fund balance at end of period -$
ORANGE COUNTY POWER AUTHORITY
PROGRAM BUDGET COMPARISON REPORT
Year Ended June 30, 2024
DRAFT
Budget Item
Actual /
Budget % Comment
Electric Sales Revenue 100.4% Revenue increased primarily due to higher load consumption of 71 GWh, or 3% (+$10 mil), partially offset by a reduction in the average retail price of $3.3/MWh, or 2% (-$8.5 mil). Sales revenue includes both actual billed to customers and estimated customer usage during the reporting period that has not yet billed.
Data Manager 99.7% These are Calpine fees charged on a per active account basis.
Service Fees - SCE 94.4% These are SCE fees charged on a per customer basis.
Personnel 64.4% Staffing expenses are under budget due to the timing delay of new hires.
Professional Services 85.5% This category includes accounting and audit, rates and financial & planning analysis, portfolio management, scheduling coordinator, HR including recruitment services and compensation study, IT, and other consultants.
Legal Costs 73.4% This category includes outside legal costs for general counsel, energy procurement transactional support, labor, clerk support, regulatory, member agency withdrawal, and RA appeal services.
Marketing and customer enrollment 90.3% This category includes advertising, strategic marketing & communications, digital marketing and website development and hosting, collateral marketing, translation, sponsorships & memberships, promotional items, required customer notifications printing and mailing.
Other General & Administrative 98.4% This category includes ordinary G&A including rent, CalCCA membership, general business insurance, small equipment and software, travel, business meals, professional development, and office supplies.
Interest and financing expenses 103.1% This category includes interest and fees related to Letters of Credit posted for collateral on energy supply.
ORANGE COUNTY POWER AUTHORITY
BUDGETARY COMPARISON REPORT
Year Ended June 30, 2024
Cost of Energy 108.5% The variance is primarily due to higher load consumption (+71 GWH or 3%) and actual REC costs exceeding expectations by $26.5 mil, mainly driven by a higher average REC cost of $16.2/MWh, or 62%. This was partially offset by a lower REC load of 173 GWh, or 8%, along with lower RA costs (-$1mil), and NEM Net Surplus Compensation and Lookback Credit payouts (-$441k).
DRFT
Return of Investments YTD Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun INVESTMENTSUS Bank - Treasury-indexed products
Funds Invested - Average Balance na na $ 27,689,609 $ 45,574,510 $ 41,915,584 $ 46,939,592 $ 52,852,658 $ 62,382,708 $ 75,991,168 $ 82,917,147 $ 85,220,158 $ 83,218,919 Gains/Losses/Interest $ 2,400,275 $ 108,278 $ 184,174 $ 163,955 $ 189,715 $ 213,592 $ 235,807 $ 304,276 $ 326,582 $ 346,366 $ 327,530 Average APY 4.86% 4.86% 4.87% 4.86% 4.86% 4.86% 4.80% 4.73% 4.88% 4.72%
OTHER INTEREST
Interest Earnings - checking and savings $ 57,113 $ 14,088 $ 17,549 $ 25,296 $ - $ - $ - -$ $ - $ - $ 180 $ - $ - Gains/Losses/Interest - Other $ 9,631 -$ -$ $ 458 $ - $ - $ - -$ $ 8,987 $ - $ 186 $ - $ - Total $ 2,467,019
ORANGE COUNTY POWER AUTHORITY
Investment Summary
July 1, 2023 through June 30, 2024
DRAFT
CITY OF IRVINE
On January 2021, OCPA borrowed $2,500,000 from the City of Irvine for working capital costs associated with OCPA's pre-launch.On September 2021, OCPA borrowed $5,000,000 from the City of Irvine for cash collateral in the credit facility associated with OCPA'slaunch.The loan repayment date for the above is January 1, 2027. Interest is due on the loan in an amount based on the gross earnings for the respective quarter as reported in the City Treasurer's pooled investment portfolio report. Also included as a loan payable are formation related costs - $152,380 paid directly from the City to the vendors. OCPA will reimburse the City no later than January 1, 2027. Interest does not accrue on the formation costs advanced by the City. OCPA paid $124,538.70towards the outstanding principal on September 12, 2022.Principal Maturity Interest Rate Payments Outstanding Principal $ 152,380 January 2027 0.00% $ 124,539 $ 27,841
$ 7,500,000 January 2027
Variable - City
Treasurer's
report $ - $ 7,500,000
US BANKCREDIT FACILITY
On September 2021, OCPA and US Bank (formerly MUFG Union Bank, N.A.) entered into a Revolving Credit Agreement for a $35 million credit facility, OCPA has outstanding borrowings of $0 as of June, 2024On May 2023, US Bank acquired MUFG Union Bank, N.A.US Bank (formerly MUFG Union Bank, N.A.) has also issued a $147,000 Letter of Credit to Southern California Edison Company; a $3,500,000 Letter of Credit to Shell; and a $2,597,157 Letter of Credit to Marsh Landing.
Credit Facility Letter of Credit Borrowing Unused Credit $ 35,000,000 $ 6,244,157 $ - $ 28,755,843
ORANGE COUNTY POWER AUTHORITY
SCHEDULE OF OUTSTANDING DEBT
As of June 30, 2024
DRAFT
Date Vendor Description Amount
04/01/2024 AREVON ENERGY (Townsite Solar) January 2024 Townsite RECs 584,700.00 04/01/2024 AREVON ENERGY (Townsite Solar) February 2024 Townsite RECs 711,750.00 04/01/2024 Girl Scouts of Orange County Voice for Girls Sponsorship 1,500.00 04/01/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 9.79 04/01/2024 METHOD TECHNOLOGIES (INC) Support Options - MS Suite and other software {po: 1022} 2,077.95 04/01/2024 Orange County Printing Company Tax on county letters {po:1007} 143.08 04/01/2024 Sustain Southern California Building Sustainable Communities on 4/4/24: Silver Sponsor 1,900.00 04/01/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 3/08/24-3/14/24 & 12/08/23-12/13/23 436,531.12 04/01/2024 US Bank Credit Card CC expenses February 6 to March 5 4,624.62 04/01/2024 US Bank Interest and Service Charges Januarry - March 2024 fees 9,856.04 04/01/2024 US Bank Interest and Service Charges Letter of Credit - Southern California Edison Company 300.00 04/01/2024 US Bank Interest and Service Charges Letter of Credit - Shell Energy North America 300.00 04/01/2024 US Bank Interest and Service Charges Letter of Credit - Southern California Edison 300.00 04/01/2024 US Bank Interest and Service Charges Letter of Credit - Marsh Landing LLC 300.00 04/01/2024 US Bank Interest and Service Charges Letter of Credit - Southern California Edison 557.38 04/01/2024 US Bank Interest and Service Charges Letter of Credit - California Independent System 2,872.92 04/01/2024 US Bank Interest and Service Charges Letter of Credit - Marsh Landing LLC 9,847.55 04/01/2024 US Bank Interest and Service Charges Letter of Credit - Pacific Gas and Electric Company 9,903.63 04/01/2024 US Bank Interest and Service Charges Letter of Credit - Southern California Edison 10,730.42 04/01/2024 US Bank Interest and Service Charges Letter of Credit - Grace Orchard Energy Center 11,605.34 04/01/2024 US Bank Interest and Service Charges Letter of Credit - Shell Energy North America 13,270.83 04/02/2024 The Energy Authority Inc. (Service Fees) February Resource Management Monthly Fees {PO:1011} 14,620.00 04/04/2024 Southern California Edison (Non-Energy) Payment for Re-Entry Fees for Phase 1 of Orange County {po: 1020} 1,987.16 04/05/2024 Calpine Energy Solutions February 2024 services {po:1003} 213,492.91 04/08/2024 American Express AMEX - Cash back credit (57.64) 04/08/2024 American Express Hawaiian Airlines - Transportation - Flight - Gabriele Friedman 336.20 04/08/2024 American Express Hawaiian Airlines - Transportation - Flight - Gabriele Friedman 372.07 04/08/2024 American Express Orange County Mobile Tustin - Notary Service 75.00 04/08/2024 American Express Amtrak Train - Transportation 119.00 04/08/2024 American Express Uber Trip - Transportation 36.76 04/08/2024 American Express Uber Trip - Transportation 88.69 04/08/2024 American Express Uber Trip - Transportation 78.97 04/08/2024 American Express Uber Trip - Transportation 53.79 04/08/2024 American Express Uber Trip - Transportation 10.75 04/08/2024 American Express Amtrak Train - Transportation 146.00 04/08/2024 American Express Sonesta Hotel - Lodging 558.69 04/08/2024 American Express Uber Trip - Transportation 18.97 04/08/2024 American Express Sonesta Hotel - Lodging 647.25 04/08/2024 American Express Uber Trip - Transportation 41.98 04/08/2024 American Express Southwest Airlines - Transportation - Tiffany 339.96 04/08/2024 American Express Siam Station - staff lunch 148.39 04/08/2024 American Express Sam's Club - Snacks for All Staff Mtg 94.36 04/08/2024 American Express United Airlines - Transportation - Jung 259.20 04/08/2024 American Express YNP Valley Lodge - Car Rental - Jung 155.70 04/08/2024 American Express Southwest Airlines -Transportation - Flight - Gabriel Smith 319.96 04/08/2024 American Express Southwest Airlines -Transportation - Flight - Sonne 233.96 04/08/2024 American Express Southwest Airlines -Transportation - Flight - Nataly 233.96 04/08/2024 American Express Southwest Airlines -Transportation - Flight - Julio 319.96 04/08/2024 American Express Southwest Airlines -Transportation - Flight - Linda 319.96 04/08/2024 American Express Southwest Airlines -Transportation - Flight - Pat 319.96 04/08/2024 American Express Southwest Airlines -Transportation - Flight - Andrew 223.96 04/08/2024 American Express Southwest Airlines -Transportation - Flight - Saul 319.96 04/08/2024 American Express Industrious Office - Closed Session Room @ Traveler's Building 264.00 04/08/2024 American Express United Airlines - Transportation - Flight - Jung 990.87 04/08/2024 American Express Southwest Airlines - Transportation - Flight - Jung 319.96 04/08/2024 American Express Southwest Airlines - Transportation - Flight - Ziemer 223.96 04/08/2024 American Express YNP Valley Lodge - Lodging 674.56 04/08/2024 American Express YNP Valley Lodge - Lodging 674.56 04/08/2024 American Express YNP Valley Lodge - Lodging credit (3.00) 04/08/2024 American Express Alamo Rent-a-Car - Car Rental - Credit (55.70) 04/08/2024 American Express Signia San Jose - Lodging 734.20 04/08/2024 American Express Sam's Club - Snacks for All Staff Mtg 50.32 04/08/2024 American Express Amazon - Office Supplies 204.09 04/08/2024 American Express Amazon - Office Supplies 45.17 04/08/2024 American Express Gaba Socal 195.00
04/08/2024 American Express Vistaprint - Staff Business Cards 159.42 04/08/2024 American Express Amazon - Office Supplies 38.76 04/08/2024 American Express Amazon - Office Supplies 35.87 04/08/2024 American Express Amazon - Office Supplies 123.01 04/08/2024 American Express Cashback program fees 90.00 04/08/2024 American Express New membership fees 17.50
04/08/2024 American Express YNP Valley Lodge - Lodging 674.56 04/08/2024 Best Best & Krieger March 2024 - County Withdrawal {po: 1002} 1,218.14 04/08/2024 Best Best & Krieger March 2024 - Huntington Beach Withdrawal {po: 1002} 828.00 04/08/2024 Best Best & Krieger March 2024 - Regulatory CPUC {po: 1002} 1,211.00 04/08/2024 Best Best & Krieger March 2024 - Public Records Requests {po: 1002} 830.00 04/08/2024 Best Best & Krieger March 2024 - Financial/Power Procurement {po: 1002} 3,859.50 04/08/2024 Best Best & Krieger March 2024 - General Counsel {po: 1002} 8,945.04 04/08/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 9.79 04/08/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 3/15/24-3/21/24 & 12/14/23-12/19/23 306,559.41 04/08/2024 US Bank Interest and Service Charges March 2024 custody fees 22.00 04/09/2024 California Community Choice Association Quarterly invoice for SCE GRC Case Management Special Assessment (April 2024-June 2024) 7,200.00 04/09/2024 Lincoln Financial Group 4/9/24 Retirement debit 457B 6,268.39 04/09/2024 Lincoln Financial Group 4/9/24 Retirement debit 401A 18,849.78 04/09/2024 NewGen Strategies & Solutions, LLC February 2024 - Financial & Economic Consulting services {po: 1028} 13,206.25 04/09/2024 Orange County Printing Company Sales tax on 100% renewable letter mailing {po:1007} 89.59 04/09/2024 Orange County Printing Company 100% renewable letter mailing {po:1007} 105.51 Orange County Power Authority
PAYMENTS ISSUED APRIL 1, 2024 THROUGH JUNE 30, 2024
Date Vendor Description Amount
Orange County Power Authority
PAYMENTS ISSUED APRIL 1, 2024 THROUGH JUNE 30, 2024
04/09/2024 Sher Entertainment LLC Holi Sponsorship 1,000.00 04/09/2024 Southern California Edison (Non-Energy) February 2024 Mass enrollment fee & monthly service fees {po: 1020} 43,146.96 04/09/2024 Southern California Edison (Non-Energy) January 2024 Mass enrollment fee & monthly service fees {po: 1020} 43,916.45 04/10/2024 Am Trust Financial Services Inc. Workers' comp insurance 691.00 04/12/2024 CITY OF BUENA PARK - UUT March Utility User Tax 88,804.33 04/12/2024 CITY OF HUNTINGON BEACH - UUT March Utility User Tax 268,426.41 04/12/2024 CITY OF IRVINE - UUT March Utility User Tax 120,658.25 04/12/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 118.00 04/12/2024 US Bank Interest and Service Charges April 2024 Monthly Analysis Charge 4,656.55 04/15/2024 California ISO (Settlement Invoices) CAISO CAISO CRR period for 3/22/24 - 3/28/24 42,310.11 04/15/2024 California Public Utilities Commission 2022 Year Ahead System and Flexible Resource Adequacy Compliance Filing 1,962,845.20 04/15/2024 Friedman, Gabriele March expense reimbursement 154.28 04/15/2024 Halligan Steven Mileage reimbursement 493.29 04/15/2024 Jung, Fred Expense reimbursement - Parking, business meals and cab expenses 695.29 04/15/2024 Jung, Fred Expense reimbursement - Parking, business meals and cab expenses 435.17 04/15/2024 Tammy Kim February expense reimbursements 116.68 04/15/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 3/22/24-3/28/24 & 12/20/23-12/27/23 159,048.96 04/18/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 100.00 04/19/2024 ABM Industry Groups, LLC January parking - $100 credit applied to original invoice for $300 200.00 04/19/2024 ABM Industry Groups, LLC April parking 900.00 04/19/2024 BRAUN BLAISING & WYNNE, P.C. March - Fractional share of the Joint CCA BioMAT Invoice 398.15 04/19/2024 Integrated Impressions 3 Men's active full zip soft shell jacket 165.26 04/19/2024 Lakeview Business Center (The Irvine Company) Deposit on rental agreement, first month's rent & estimated operating expenses 39,020.11 04/19/2024 Maher Accountancy January - March 2024 - Pass through bill.com fees {PO:1031} 450.01 04/19/2024 Maher Accountancy April 2024 - Treasurer and Accounting Services {PO:1031} 21,000.00 04/19/2024 Orange County Printing Company Sales tax on 100% renewable letter mailing {po:1007} 86.88 04/19/2024 Reveille Inc. March 2024 OCPA FY Marketing and PR Budget-- {po: 1025} 177,626.39 04/19/2024 SDRMA May employee benefit charges 16,461.35 04/19/2024 Southern California Edison March Capacity 514,621.70 04/19/2024 US Bank Interest and Service Charges Letter of Credit - California Independent System 300.00 04/22/2024 AREVON ENERGY (Townsite Solar) March 2024 Townsite RECs 960,975.00 04/22/2024 Calpine Energy Solutions March 2024 services {po:1003} 213,865.21 04/22/2024 Clean Peaks Energy Services, LLC Consultant services - March 2024 - {po:1027} 16,720.00 04/22/2024 Golden Communications Inc Monthly Managed Web Services, and Additional Labor - March 2024 {po: 1032} 1,399.00 04/22/2024 High Desert Power Project LLC March Capacity 625,000.00 04/22/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 9.79 04/22/2024 Pacific Energy Advisors Inc. March 2024 - Monthly Services {po: 1008} 41,074.29 04/22/2024 Powerex March RECs 45,892.50
04/22/2024 Powerex April RECs 79,166.67
04/22/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 3/29/24-4/04/24 & 12/28/23-1/03/24 370,465.68 04/23/2024 California Community Choice Association CALCCA April - June 2024 membership dues 98,635.50 04/23/2024 Constellation Energy Generation, LLC 2023 Vintage PCC1 RECs 1,300,000.00 04/23/2024 Constellation Energy Generation, LLC February energy purchases 7,090,496.95 04/23/2024 LBA IV-PPI, LLC Monthly Rent $19,000 per month (Ends August 2024) {PO:1030} 19,000.00 04/23/2024 Lincoln Financial Group 4/23/24 Retirement debit 401A 19,098.20 04/23/2024 Lincoln Financial Group 4/23/24 Retirement debit 457B 6,356.94 04/23/2024 Morgan Stanley Capital Group December 2023 RECs 438,876.70 04/23/2024 Shell Energy North America February energy purchases 5,347,635.43 04/23/2024 Shell Energy North America February capacity purchases 504,500.00 04/23/2024 Sunrise Power Company LLC March capacity purchase 1,906,250.00 04/23/2024 The Energy Authority Inc. (Service Fees) March Resource Management Monthly Fees {PO:1011} 14,620.00 04/24/2024 California Community Choice Association CALCCA 18 tickets annual meeting registration sales 15,300.00 04/24/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 15.00 04/25/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 100.00 04/25/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 26.21 04/25/2024 Muckenthaler Cultural Center Foundation Moon Concert Event 4,000.00 04/25/2024 US Bank Credit Card Checkr, Inc. - Employee background check 251.22 04/25/2024 US Bank Credit Card CMT Sacramento - Transportation 45.00 04/25/2024 US Bank Credit Card Go to Com - Phone Forwarding Service for Call Center 417.21 04/25/2024 US Bank Credit Card Uber - Transportation 3.00 04/25/2024 US Bank Credit Card Uber - Transportation 13.58 04/25/2024 US Bank Credit Card Zoom - Recording Services 338.90 04/25/2024 US Bank Credit Card Sheraton - Lodging 647.79 04/25/2024 US Bank Credit Card Smith AI - Phone Forwarding Service For Call Center 235.00 04/25/2024 US Bank Credit Card United - Airfare 598.98
04/25/2024 US Bank Credit Card Google Suite - Online services 12.00 04/25/2024 US Bank Credit Card Alaska Airlines - Airfare 466.20 04/25/2024 US Bank Credit Card Tous Les Jours - Board Member meeting 23.54 04/25/2024 US Bank Credit Card Gaucho Grill - Board Member meeting 100.28 04/25/2024 US Bank Credit Card Cafe Xocolati - Board Member meeting 7.18 04/25/2024 US Bank Credit Card Jim Denny's - Board Member meeting 189.23 04/25/2024 US Bank Credit Card Uber - Transportation 45.01 04/25/2024 US Bank Credit Card Puesto Park Place - OCPA team lunch 449.73 04/25/2024 US Bank Credit Card Uber - Transportation 41.11 04/25/2024 US Bank Credit Card Ella Family Dining - Lobby Day Sacramento dinner 228.31 04/25/2024 US Bank Credit Card Peet's Coffee - coffee 11.35 04/25/2024 US Bank Credit Card SDIA Airport Parking - parking 76.00 04/25/2024 US Bank Credit Card Orange County Council of Governments - Event registration 424.00 04/26/2024 ABM Industry Groups, LLC May parking 780.00
04/26/2024 Orange County Printing Company 100% renewable letter mailing {po:1007} 104.24 04/29/2024 Energy Development & Construction Corporation February 2024 RECs purchases 27,360.00 04/29/2024 The Energy Authority Inc. (CAISO and ENERGY) Environmental Sales 210,000.00 04/29/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 4/05/24-4/11/24 & 1/04/24-1/10/24 654,529.70 04/30/2024 California Department of Tax and Fee Administration January - March 2024 Electric Energy Surcharge 191,601.00 05/01/2024 United Language Group, Inc. OCPA FY24 Campaign - Translation for World Journal (Chinese Daily) Ad 264.00 05/01/2024 United Language Group, Inc. OCPA - FY24 Campaign - Translation for Nguoi Viet Daily News Ad 264.00 05/01/2024 United Language Group, Inc. OCPA - FY24 Campaign - Translation for Korea Daily Ad & Korea Times Ad 346.50 Date Vendor Description Amount
Orange County Power Authority
PAYMENTS ISSUED APRIL 1, 2024 THROUGH JUNE 30, 2024
05/01/2024 United Language Group, Inc. OCPA - CE - Translation for US News Express Ads 264.00 05/01/2024 US Bank Credit Card Southwest Airlines - Transportation - Flight - Steven 307.96 05/01/2024 US Bank Credit Card SCAG Event - Registration 400.00 05/01/2024 US Bank Credit Card Go to Com - Phone Forwarding Service for Call Center 351.32 05/01/2024 US Bank Credit Card YNP Basecamp Eatery - Meal 25.58 05/01/2024 US Bank Credit Card Smith AI - Phone Forwarding Service For Call Center 235.00 05/01/2024 US Bank Credit Card YNP Basecamp Eatery - Meal 16.60 05/01/2024 US Bank Credit Card EZ Cater Postino - OCPA Team Lunch - Board Meeting Day 547.96 05/01/2024 US Bank Credit Card Park Place Parking - Parking 8.75 05/01/2024 US Bank Credit Card Starbucks - Board Meeting Coffee 22.00 05/01/2024 US Bank Credit Card Rayburn Café - Meal 24.29 05/01/2024 US Bank Credit Card Curb DC Taxi - Transportation 11.07 05/01/2024 US Bank Credit Card SQ UVC Inc- Transportation 13.95 05/01/2024 US Bank Credit Card AC Hotel - Lodging 462.23 05/01/2024 US Bank Credit Card United - Checked Baggage 40.00 05/01/2024 US Bank Credit Card AC Hotel - Lodging 417.88 05/01/2024 US Bank Credit Card LocalGov.com - California Climate & Energy Forum 100.00 05/01/2024 US Bank Credit Card United - Checked Baggage 40.00 05/01/2024 US Bank Credit Card LocalGov.com - California Climate & Energy Forum 100.00 05/01/2024 US Bank Credit Card LocalGov.com - California Climate & Energy Forum 100.00 05/01/2024 US Bank Credit Card Google Gsuite - Online Services 12.00 05/01/2024 US Bank Credit Card Southwest Airlines - Transportation - Flight - Joe 223.96 05/01/2024 US Bank Credit Card Porto's Bakery - Meeting with Board Vice Chair 35.93 05/01/2024 US Bank Credit Card Panini Kabob Grill - Meeting with Brenda Deeley 49.29 05/01/2024 US Bank Credit Card Tous Les Jours - Meeting with Board Chair 24.96 05/01/2024 US Bank Credit Card Paris Baguette - Breakfast - Board Meeting Day 48.28 05/01/2024 US Bank Credit Card AC Hotel - DC Lodging Deposit for CEO 759.05 05/01/2024 US Bank Credit Card AC Hotel - DC Lodging Deposit for Chair 759.05 05/01/2024 US Bank Credit Card TST Chloe - DC Dinner for Chair & CEO 93.10 05/01/2024 US Bank Credit Card Uber Trip - Transportation 27.91 05/01/2024 US Bank Credit Card AC Hotel - DC Lodging Final Payment for CEO 121.06 05/01/2024 US Bank Credit Card AC Hotel - DC Lodging Final Payment for CEO 121.06 05/02/2024 California Community Choice Association CALCCA Annual Meeting Registration Sales for Sonne 1,050.00 05/03/2024 California Community Choice Association Quarterly Invoice for newly approved 2024 SCE ERRACase Management Special Assessment (April 2024 -June 2024) 7,468.00 05/06/2024 American Express AMEX - Cash back credit (237.34) 05/06/2024 American Express PUBLIC RELATIONS SOCIETY OF AMERICA - Advertising - Job Posting Dir. of Comms/EA 100.00 05/06/2024 American Express GREAT AM BAGL TERM B SJC 3.71 05/06/2024 American Express NUOC MIA VIEN DONG 17.50
05/06/2024 American Express Uber Trip - Transportation 23.97 05/06/2024 American Express SJC JIM STUMPS 120.23
05/06/2024 American Express UBER EATS 40.47
05/06/2024 American Express Uber Trip - Transportation 64.31 05/06/2024 American Express MC JOB POST - Job Posting - Job Posting Dir. of Comms/EA 100.00 05/06/2024 American Express Los Angeles Times 368.86
05/06/2024 American Express Lady M Cake Boutique - Staff Cake 120.00 05/06/2024 American Express Los Angeles Times (313.81)
05/06/2024 American Express Lady M Cake Boutique - Staff Cake 25.00 05/06/2024 American Express Lyft Trip - Transportation 19.68 05/06/2024 American Express Lyft Trip - Transportation 2.11 05/06/2024 American Express Lyft Trip - Transportation 17.94 05/06/2024 American Express Lyft Trip - Transportation 17.94 05/06/2024 American Express RANTEI JAPANESE CUISINE - Board Member & Staff Dinner San Jose 1,003.65 05/06/2024 American Express Hilton -Director Sonne's Hotel Stay in San Jose (734.20) 05/06/2024 American Express Hilton -Director Sonne's Hotel Stay in San Jose 1,487.62 05/06/2024 American Express Southwest Airlines - Director Sonne's Airfare to San Jose 398.99 05/06/2024 American Express WWW.4ALLPROMOS.COM - CEA Bike Lights 715.66 05/06/2024 American Express Market - Conf. Coffee & Muffin 8.74 05/06/2024 American Express John Wayne Airport - Parking 60.00 05/06/2024 American Express Starbucks - Board Meeting Coffee & Food 68.95 05/06/2024 American Express Sams Club - Board & CAC Snacks 33.75 05/06/2024 American Express Sams Club - Board & CAC Snacks 43.42 05/06/2024 American Express Zoom - Zoom Software Monthly Subscription 338.90 05/06/2024 American Express Panini Kabob Grill - Annual Staffers Luncheon 913.44 05/06/2024 American Express Amazon - Office supplies 60.44 05/06/2024 American Express Amazon - Office supplies 60.16 05/06/2024 American Express Civic Center Parking 4.00
05/06/2024 American Express Amazon - Office Supplies 7.79 05/06/2024 American Express Coffee Bean Tea Leaf - Travel Coffee 2 staff members 32.33 05/06/2024 American Express Uber Trip - Transportation 44.28 05/06/2024 American Express Uber Trip - Transportation 1.33 05/06/2024 American Express Uber Trip - Transportation 30.64 05/06/2024 American Express Uber Trip - Transportation 30.82 05/06/2024 American Express Uber Trip - Transportation 27.86 05/06/2024 American Express SJC TAP POUR TEMP - Travel Meal - 3 staff members 98.24 05/06/2024 American Express Uber Trip - Transportation 58.70 05/06/2024 American Express Uber Trip - Transportation 1.94 05/06/2024 American Express Uber Trip - Transportation 3.22 05/06/2024 American Express Uber Trip - Transportation 24.50 05/06/2024 American Express FREEMIUS - WP Activity Log 149.00 05/06/2024 American Express Adobe 690.57
05/06/2024 American Express Amazon - Office Supplies 52.98 05/06/2024 American Express FULLERTON BICYCLES COMPANY - E-Bike for Raffle 1,200.00 05/06/2024 American Express Amazon - Office Supplies 14.76 05/06/2024 American Express Amazon - Office Supplies 14.84 05/06/2024 American Express Google Gsuite - Online Services 12.00 05/06/2024 American Express Parking 25.00
05/06/2024 American Express Parking 25.00
Date Vendor Description Amount
Orange County Power Authority
PAYMENTS ISSUED APRIL 1, 2024 THROUGH JUNE 30, 2024
05/06/2024 American Express PETISCOS - Dinner NewGen 172.00 05/06/2024 American Express SIGNIA BY HILTON - Parking 94.00 05/06/2024 American Express Amtrak 78.00
05/06/2024 American Express Uber Trip - Transportation 39.56 05/06/2024 American Express Uber Trip - Transportation 87.50 05/06/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 18.17 05/06/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 4/12/24-4/18/24 & 1/11/24-1/18/24 382,636.41 05/07/2024 Lincoln Financial Group 5/7/24 Retirement debit 457B 6,340.90 05/07/2024 Lincoln Financial Group 5/7/24 Retirement debit 401A 19,053.70 05/07/2024 US Bank Interest and Service Charges April 2024 custody charges 22.00 05/08/2024 Golden Communications Inc Monthly Managed Web Services, and Additional Labor - February 2024 {po: 1004} 2,199.00 05/08/2024 Lee, Agustin Lunch at San Jose Conference for Agustin,Leyna and Michelle. 105.98 05/08/2024 METHOD TECHNOLOGIES (INC) Support Options - Mimecast export service {po: 1022} 560.00 05/08/2024 METHOD TECHNOLOGIES (INC) Support Options - Mimecast export service {po: 1022} 133.00 05/08/2024 Orange County Printing Company 100% renewable letter mailing {po:1007} 105.81 05/08/2024 ZRG Interim Solutions LLC Orange County CFO of the Year Awards Ceremony on May 9th 270.00 05/10/2024 PG&E (Energy) Collateral deposit 2,611,947.50 05/10/2024 Powerex July RECs 1.00
05/10/2024 Southern California Edison Collateral deposit 2,830,000.00 05/13/2024 960 CoolOC Cool Irvine Eco Fair 2024 1,500.00 05/13/2024 CAISO (Fees and dues) Collateral deposit 625,000.00 05/13/2024 California ISO (Settlement Invoices) CAISO CAISO CRR period for 4/19/24 - 4/25/24 73,555.35 05/13/2024 City of Irvine CicloIrvine Sponsorship May 4, 2024 15,000.00 05/13/2024 Jung, Fred Expense reimbursement - Parking, business meals and cab expenses 269.18 05/13/2024 METHOD TECHNOLOGIES (INC) Mimecast Cyber Security and Resiliency with Archiving{po: 1022} 133.00 05/13/2024 METHOD TECHNOLOGIES (INC) Support Options - Ticket #4295322 for Saul Viramontes{po: 1022} 131.25 05/13/2024 NewGen Strategies & Solutions, LLC April 2024 - Financial & Economic Consulting services {po: 1028} 12,046.25 05/13/2024 Orange County Printing Company 100% renewable letter mailing {po:1007} 162.29 05/13/2024 Orange County Printing Company 100% renewable letter mailing {po:1007} 64.28 05/13/2024 Shell Energy North America Collateral deposit 3,500,000.00 05/13/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 4/19/24-4/25/24 161,231.39 05/13/2024 Z Lee, Paul NEM Cashout 102.22
05/14/2024 US Bank Interest and Service Charges Analysis Service Charge 8,623.04 05/15/2024 Lincoln Financial Group Retirement fees 2,276.27 05/15/2024 Lincoln Financial Group Retirement fees 1,031.26 05/16/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 420.00 05/17/2024 Best Best & Krieger April 2024 - County Withdrawal {po: 1002} 207.50 05/17/2024 Best Best & Krieger April 2024 - Huntington Beach Withdrawal {po: 1002} 586.50 05/17/2024 Best Best & Krieger April 2024 - Public Records Requests {po: 1002} 2,434.00 05/17/2024 Best Best & Krieger April 2024 - Regulatory CPUC {po: 1002} 2,794.50 05/17/2024 Best Best & Krieger April 2024 - Financial/Power Procurement {po: 1002} 4,648.00 05/17/2024 Best Best & Krieger April 2024 - General Counsel {po: 1002} 7,349.44 05/20/2024 California ISO (Settlement Invoices) CAISO CAISO CRR period for 4/01/24 - 4/30/24 & 5/1/2/24-5/2/24 24,613.04 05/20/2024 CITY OF BUENA PARK - UUT April Utility User Tax 98,795.43 05/20/2024 CITY OF HUNTINGON BEACH - UUT April Utility User Tax 306,348.00 05/20/2024 CITY OF IRVINE - UUT April Utility User Tax 131,838.78 05/20/2024 Halligan Steven Mileage reimbursement to and from SCAG Conference 142.71 05/20/2024 Maher Accountancy May 2024 - Treasurer and Accounting Services {PO:1031} 21,000.00 05/20/2024 Marsh Landing, LLC April Capacity Purchases 689,587.50 05/20/2024 MUFG Union Bank, N.A. LB wire transfer fees - 11/2021 - 10/2022 910.00 05/20/2024 Orange County Printing Company Window Cling {po:1007} 284.46 05/20/2024 Orange County Printing Company Pop Up Banner{po:1007} 328.64 05/20/2024 Orange County Printing Company 100% Renewable Letter {po:1007} 101.13 05/20/2024 Orange County Printing Company HB customer notification poster {po:1007} 10,209.61 05/20/2024 Powerex May RECs 79,166.67
05/20/2024 Reveille Inc. April 2024 OCPA FY Marketing and PR Budget-- {po: 1025} 44,736.66 05/20/2024 Sanchez, Julio Uber Trip - Ride from Home to John Wayne Airport for CalCCA conference 40.80 05/20/2024 SDRMA June employee benefit charges 16,423.29 05/20/2024 Southern California Edison April Capacity 514,621.70 05/20/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 4/26/24-5/02/24 and 1/26/24-2/1/24 67,872.43 05/20/2024 Z Sundlee, Chris NEM Cashout 55.59
05/21/2024 Golden Communications Inc Monthly Managed Web Services, and Additional Labor - April 2024 {po: 1032} 199.00 05/21/2024 High Desert Power Project LLC April Capacity 625,000.00 05/21/2024 Pacific Energy Advisors Inc. April 2024 - Monthly Services {po: 1008} 40,026.01 05/21/2024 The Energy Federation Inc. Orange County Marketplace Customer Correspondence {po:1026} 6.50 05/22/2024 Clean Peaks Energy Services, LLC Consultant services - April 2024 - {po:1027} 14,897.50 05/22/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 105.00 05/22/2024 LBA IV-PPI, LLC Monthly Rent $19,000 per month (Ends August 2024) {PO:1030} 19,000.00 05/23/2024 Constellation Energy Generation, LLC March energy purchases 5,374,553.70 05/23/2024 Morgan Stanley Capital Group January 2024 RECs 2,179,589.10 05/23/2024 Shell Energy North America March energy purchases 5,376,055.79 05/23/2024 Shell Energy North America May 2024 REC purchase 5,343,750.00 05/23/2024 Shell Energy North America March capacity purchases 504,500.00 05/23/2024 Sunrise Power Company LLC April capacity purchase 1,906,250.00 05/23/2024 The Energy Authority Inc. (Service Fees) April Resource Management Monthly Fees {PO:1011} 15,131.70 05/24/2024 ABM Industry Groups, LLC June parking 840.00 05/24/2024 BRAUN BLAISING & WYNNE, P.C. April - Fractional share of the Joint CCA BioMAT Invoice 569.98 05/24/2024 Lincoln Financial Group 5/24/24 Retirement debit 457B 6,554.14 05/24/2024 Lincoln Financial Group 5/24/24 Retirement debit 401A 19,442.00 05/24/2024 Orange County Printing Company 100% Renewable Letter {po:1007} 134.72 05/24/2024 US Bank Interest and Service Charges Line of credit 5,768.05 05/28/2024 California ISO (Settlement Invoices) CAISO CAISO CRR period for 5/3/24-5/9/24 1,033.40 05/28/2024 Southern California Edison Collateral deposit 20,000.00 05/28/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 5/03/24-5/09/24 and 2/02/24-2/07/24 273,864.37 05/28/2024 United Language Group, Inc. Translation Revisions for Post Enrollment Letters 385.00 05/28/2024 US Bank Interest and Service Charges Line of credit 7,014.22 05/30/2024 CIVICWELL 2024 CivicWell Policymakers Conference Sponsorship 1,500.00 Date Vendor Description Amount
Orange County Power Authority
PAYMENTS ISSUED APRIL 1, 2024 THROUGH JUNE 30, 2024
05/30/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 100.00 05/30/2024 US Bank Interest and Service Charges Line of credit 150.00 05/30/2024 US Bank Interest and Service Charges Line of credit 1,536.46 05/31/2024 AREVON ENERGY (Townsite Solar) April 2024 Townsite RECs 1,669,350.00 05/31/2024 CAISO (Fees and dues) For fed-wire testing only 11.00 05/31/2024 Energy Development & Construction Corporation March 2024 RECs purchases 42,282.00 06/01/2024 US Bank Credit Card Go to Com - Phone Forwarding Service for Call Center 293.34 06/01/2024 US Bank Credit Card OC Parking Civic Ctr - Santa Ana - Parking 4.00 06/01/2024 US Bank Credit Card ADOBE - Software 1,978.68 06/01/2024 US Bank Credit Card Uber Trip - Transportation 31.99 06/01/2024 US Bank Credit Card Genesh Datt Taxi - Transportation 40.25 06/01/2024 US Bank Credit Card Uber Trip - Transportation 29.63 06/01/2024 US Bank Credit Card John Wayne Airport - Parking 60.00 06/01/2024 US Bank Credit Card Energy Federation, Inc. - OCPA Market Place Items 545.37 06/01/2024 US Bank Credit Card Marriott Desert Springs Palm Desert, CA - Hotel 246.25 06/01/2024 US Bank Credit Card Tous Les Jours - Monthly Briefing with Chair Jung 25.67 06/01/2024 US Bank Credit Card Southwest Airlines - Air Fare 156.00 06/01/2024 US Bank Credit Card ACC-OC - Sponsorship 1,000.00 06/03/2024 California ISO (Settlement Invoices) CAISO CAISO CRR period for 5/10/24-5/15/24 10,959.92 06/03/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 5/10/24-5/15/24 and 2/08/24-2/14/24 190,309.77 06/04/2024 Calpine Energy Solutions April 2024 services {po:1003} 214,432.16 06/05/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 124.55 06/05/2024 Paychex Flexperks 25.69
06/05/2024 Powerex May RECs 1.00
06/06/2024 American Express AMEX - Cash back credit (112.24) 06/06/2024 American Express HAWAIIAN AIRLINES - Airfare 785.89 06/06/2024 American Express Sonesta Irvine - Lodging 761.51 06/06/2024 American Express Uber Trip - Transportation 55.42 06/06/2024 American Express Uber Trip - Transportation 7.91 06/06/2024 American Express Uber Trip - Transportation 43.96 06/06/2024 American Express Marriott Irvine - Parking 12.00 06/06/2024 American Express Sam's Club - Board & CAC Snacks 57.94 06/06/2024 American Express Southwest Airlines - Airfare - Jung 360.96 06/06/2024 American Express WLV Room Deposits - Lodging for Director Kim 172.34 06/06/2024 American Express WLV Room Deposits - Lodging for Vice Chair Sonne 517.02 06/06/2024 American Express Southwest - Airfare - Kim 244.98 06/06/2024 American Express Panini Kabob Grill - Board Meeting Food 447.86 06/06/2024 American Express Amazon - Director McKeon's Appreciation Plaque 53.86 06/06/2024 American Express Georgie's Donuts - Board meeting snacks 34.80 06/06/2024 American Express Zoom Software Monthly Subscription 338.90 06/06/2024 American Express German American Business Association - Sponsorship 400.00 06/06/2024 American Express Amazon - Office supplies 80.30 06/06/2024 American Express Amazon - Office supplies 60.81 06/06/2024 American Express Amazon - Office supplies 17.22 06/06/2024 American Express Google Gsuite 12.00
06/06/2024 American Express Amtrak - Train fare 109.00
06/06/2024 American Express Sonesta Irvine - Lodging 669.19 06/06/2024 American Express Uber Trip - Transportation 18.93 06/06/2024 American Express Uber Trip - Transportation 43.16 06/06/2024 American Express Uber Trip - Transportation 38.94 06/06/2024 American Express Uber Trip - Transportation 83.95 06/06/2024 American Express Amtrak - Train fare 105.00
06/06/2024 American Express Amtrak - Train fare 119.00
06/06/2024 American Express Sonesta Irvine - Lodging 619.13 06/06/2024 American Express Uber Trip - Transportation 16.97 06/06/2024 American Express Uber Trip - Transportation 5.00 06/06/2024 American Express Uber Trip - Transportation 34.93 06/06/2024 ARTHUR J. GALLAGHER & CO. INSURANCE, INC Premium for 2023-24 coverage for Barranca and CycloIrvine. 956.48 06/06/2024 Lincoln Financial Group 6/6/24 Retirement debit 457B 6,704.34 06/06/2024 Lincoln Financial Group 6/6/24 Retirement debit 401A 19,850.26 06/06/2024 Orange County Printing Company 100% Renewable Letter {po:1007} 96.12 06/07/2024 The Energy Federation Inc. Orange County Marketplace Phone call minutes {po:1026} 207.56 06/07/2024 US Bank Interest and Service Charges May 2024 custody charges 22.00 06/10/2024 California ISO (Settlement Invoices) CAISO CAISO CRR period for 5/16/24-5/22/24 26,999.11 06/10/2024 CIVICWELL 2024 California Climate & Energy Forum Sponsorship: Advocate 5,000.00 06/10/2024 Fullerton Museum Center Association Fullerton Museum Pride Fest Fullerton SponsorshipSponsorship 500.00 06/10/2024 Jung, Fred Expense reimbursement 190.63
06/10/2024 NewGen Strategies & Solutions, LLC May 2024 - Financial & Economic Consulting services {po: 1028} 10,978.75 06/10/2024 Orange County Printing Company 100% Renewable Letter {po:1007} 104.26 06/10/2024 SDRMA July employee benefit charges 16,442.32 06/10/2024 Southern California Edison (Non-Energy) Re-Entry Fees for HB NEM {po: 1020} 28,452.86 06/10/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 5/16/24-5/22/24, 2/15/24-2/22/24 and 6/1/23-6/30/23 317,567.23 06/10/2024 Z Lean, Allyn NEM payout 566.74
06/11/2024 CITY OF BUENA PARK - UUT May Utility User Tax 84,791.32 06/11/2024 CITY OF HUNTINGON BEACH - UUT May Utility User Tax 251,106.04 06/11/2024 CITY OF IRVINE - UUT May Utility User Tax 118,429.71 06/11/2024 METHOD TECHNOLOGIES (INC) Mimecast Cyber Security and Resiliency with Archiving{po: 1022} 133.00 06/11/2024 Reveille Inc. May 2024 OCPA FY Marketing and PR Budget--- {po: 1025} 45,954.02 06/13/2024 Vietnamese American Chamber of Commerce Level 4: Corporate Membership 2,500.00 06/14/2024 US Bank Interest and Service Charges Analysis Service Charge 5,840.44 06/17/2024 Amperon Software development completed June 2024 {PO: 1036} 52,500.00 06/17/2024 ARTHUR J. GALLAGHER & CO. INSURANCE, INC Cyber, Directors & Officers, Commercial Package Insurance - 6/3/24 - 6/3/25 86,062.73 06/17/2024 California ISO (Settlement Invoices) CAISO CAISO CRR period for 5/23/24-5/30/24 and 2/1/24-2/29/24 37,286.79 06/17/2024 Calpine Energy Services L.P. May Capacity 309,750.00 06/17/2024 Employers Preferred Ins. Co Workers compensation from 6/3/24 - 6/3/25 5,169.00 06/17/2024 LBA IV-PPI, LLC Monthly Rent $19,000 per month (Ends August 2024) {PO:1030} 19,000.00 06/17/2024 Morales Sandoval, Nataly Mileage reimbursement, 51.12 Date Vendor Description Amount
Orange County Power Authority
PAYMENTS ISSUED APRIL 1, 2024 THROUGH JUNE 30, 2024
06/17/2024 Orange County Printing Company 100% Renewable Letter {po:1007} 350.52 06/17/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 5/23/24-5/22/24, 2/23/24-2/29/24, 8/1/22-8/31/22 and 5/1/22-5/31/22 205,867.62 06/17/2024 United Language Group, Inc. OCPA Flip the Switch Commercial Script Translation 1,072.50 06/17/2024 US Bank Interest and Service Charges Line of Credit - Southern California 9,079.58 06/17/2024 US Bank Interest and Service Charges Line of Credit - Shell 13,270.83 06/18/2024 US Bank Interest and Service Charges Line of Credit - Southern California Edison 7,604.17 06/18/2024 We Konnect, Inc. 50% deposit for Security and Cable Installation {po:1037} 23,829.63 06/20/2024 Best Best & Krieger May 2024 - Huntington Beach Withdrawal {po: 1002} 998.50 06/20/2024 Best Best & Krieger May 2024 - Regulatory CPUC {po: 1002} 2,628.00 06/20/2024 Best Best & Krieger May 2024 - County Withdrawal {po: 1002} 2,988.00 06/20/2024 Best Best & Krieger May 2024 - Public Records Requests {po: 1002} 3,862.50 06/20/2024 Best Best & Krieger May 2024 - Financial/Power Procurement {po: 1002} 6,183.50 06/20/2024 Best Best & Krieger May 2024 - General Counsel {po: 1002} 9,365.00 06/20/2024 Powerex June RECs 79,166.67
06/20/2024 Southern California Edison May Capacity 514,621.70 06/20/2024 Southern California Edison (Non-Energy) Collateral deposit 30,000.00 06/21/2024 ABM Industry Groups, LLC July parking 840.00 06/21/2024 California Community Choice Association Quarterly Invoice for newly approved 2024 SCE ERRA July-September 2024Case Management Special Assessment (April 2024 -June 2024) 7,468.00 06/21/2024 California Community Choice Association Quarterly Invoice for SCE GRC Case Management Special Assessment July-September 2024 7,200.00 06/21/2024 Clean Peaks Energy Services, LLC Consultant services - May 2024 - {po:1027} 13,025.00 06/21/2024 Equus Energy Group LLC March 2024 broker fees - Counter Party SDG&E 9,300.50 06/21/2024 Friedman, Gabriele May expense reimbursement 975.31 06/21/2024 Golden Communications Inc Monthly Managed Web Services, and Additional Labor - May 2024 {po: 1032} 199.00 06/21/2024 High Desert Power Project LLC May Capacity 625,000.00 06/21/2024 Lincoln Financial Group 6/21/24 Retirement debit 457B 6,558.08 06/21/2024 Lincoln Financial Group 6/21/24 Retirement debit 401A 19,440.52 06/21/2024 Pacific Energy Advisors Inc. May 2024 - Monthly Services {po: 1008} 46,207.15 06/21/2024 Reveille Inc. Research - Online/Telephone Surveys - Initial 50% Invoice - July 2024 -- {po: 1025} 43,000.00 06/21/2024 SDI PRESENCE LLC April Maintenance contract 5,250.00 06/21/2024 SDI PRESENCE LLC April service fee 4,862.00
06/21/2024 The Energy Authority Inc. (Service Fees) May Resource Management Monthly Fees {PO:1011} 15,131.70 06/21/2024 The Energy Federation Inc. Orange County Marketplace - customer correspondence {po:1026} 13.00 06/24/2024 California ISO (Settlement Invoices) CAISO CAISO CRR period for 5/01/24-5/31/24 and 6/1/24-6/6/24 108,508.86 06/24/2024 Constellation Energy Generation, LLC April energy purchases 3,559,201.20 06/24/2024 Marsh Landing, LLC May Capacity Purchases 685,475.00 06/24/2024 Morgan Stanley Capital Group February 2024 RECs 3,326,252.60 06/24/2024 Shell Energy North America April Energy 5,366,664.78 06/24/2024 Shell Energy North America April Capacity 504,500.00 06/24/2024 Sunrise Power Company LLC May capacity purchase 1,906,250.00 06/24/2024 The Energy Authority Inc. (CAISO and ENERGY) CAISO period 5/31/24 - 6/6/24 & 3/1/24 - 3/7/24 56,287.92 06/26/2024 BizNet Partner Diversity Biz Expo - 2024 250.00 06/26/2024 BRAUN BLAISING & WYNNE, P.C. May- Fractional share of the Joint CCA BioMAT Invoice 194.99 06/26/2024 Doerschel and Associates, LLC Consultant AV/TV project for board room 9,600.00 06/26/2024 Maher Accountancy June 2024 - Treasurer and Accounting Services {PO:1031} 21,000.00 06/26/2024 Mercer Inc. May 2024 - professional consulting services related to OCPA Board of Directors meeting prep, attendance and follow-up 4,250.00 06/26/2024 Orange County Hispanic Chamber of Commerce Annual membership dues 1,500.00 06/26/2024 Orange County Printing Company 100% Renewable Letter {po:1007} 97.95 06/26/2024 Southern California Edison (Non-Energy) May service fees 12,364.84 06/26/2024 Southern California Edison (Non-Energy) March service fees 43,533.24 06/26/2024 Southern California Edison (Non-Energy) April service fees 46,330.67 06/26/2024 Tammy Kim May expense reimbursements 317.54
06/26/2024 The Energy Federation Inc. May Rebate - OCPA {po:1026} 246.00 06/26/2024 United States Postal Services (Trust/EPS Account) Postage added to USPS Account 25,000.00 06/26/2024 We Mail For You Inc. Promotion purchases 1,490.34 06/26/2024 Z Choe, David NEM Payout 235.59
06/26/2024 Z Nguyen, Thuan NEM Payout 250.39
06/26/2024 z Paustell, Cody NEM Payout 204.05
06/26/2024 Z, Quiroz, Theresa NEM Payout 304.08
06/27/2024 AREVON ENERGY (Townsite Solar) May 2024 Townsite RECs 1,788,150.00 06/27/2024 Igoe (Med-iBank) Medical and/or Dependent Care FSA Monthly Participation Fee 220.00 06/28/2024 Grace Orchard Energy Center (Nextera) Collateral posting 3,060,750.00 SUBTOTAL 86,018,227.15
4/5/2024 March 16 - 31 -Salaries, Wages, Fringe Benefits 62,546.36 4/5/2024 March 16 - 31 - Payroll Taxes 18,528.58
4/5/2024 March 16 - 31 -Paychex Service Fee 203.50
4/18/2024 April 1 - 15 -Paychex Service Fee 385.30
4/18/2024 April 1 - 15 -Salaries, Wages, Fringe Benefits 69,253.33 4/18/2024 April 1 - 15 - Payroll Taxes 20,598.94
5/3/2024 April 16 - 30 -Paychex Service Fee 275.25
5/3/2024 April 16 - 30 - Payroll Taxes 18,850.03
5/3/2024 April 16 - 30 -Salaries, Wages, Fringe Benefits 63,187.44 5/20/2024 May 1 - 15 -Paychex Service Fee 491.91
5/20/2024 May 1 - 15 - Payroll Taxes 20,880.05
5/20/2024 May 1 - 15 -Salaries, Wages, Fringe Benefits 69,708.87 6/5/2024 May 16 - 31 - Payroll Taxes 19,972.10
6/5/2024 May 16 - 31-Salaries, Wages, Fringe Benefits 65,478.58 6/5/2024 May 16 - 31 -Paychex Service Fee 275.25
6/20/2024 June 1-15 -Paychex Service Fee 498.19
6/20/2024 June 1-15 -Salaries, Wages, Fringe Benefits 70,154.76 6/20/2024 June 1-15 - Payroll Taxes 20,996.65
SUBTOTAL 522,285.09
ORANGE COUNTY POWER AUTHORITY
Staff Report – Item 8.5
--------------------------------------------------------------------------------------------------------------------- To: Orange County Power Authority Board of Directors
From: Joe Mosca, Chief Executive Officer
Subject: Amendment to 457(b) Deferred Compensation Plan Date: October 15, 2024
---------------------------------------------------------------------------------------------------------------------
RECOMMENDATION
Approve an amendment and election form for OCPA’s 457(b) deferred compensation plan pursuant to recent changes in federal law, and authorize the Chief Executive Officer or Chief Financial Officer to complete and execute the amendment and election form.
BACKGROUND
OCPA provides a deferred compensation plan established under Internal Revenue Code section 457(b), which allows OCPA employees to defer compensation into a personalized retirement plan.
A plan amendment is required to comply with the federal Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) and the Coronavirus Aid, Relief, and Economic Security Act of 2020 (CARES Act). The SECURE Act and CARES Act contain both mandatory and optional provisions.
Lincoln Financial Group, OCPA’s 457(b) plan administrator, has provided OCPA with a proposed amendment that requires OCPA’s approval. OCPA has until December 31, 2025 to amend the plan in order to comply with the laws and take advantage of the benefit changes permitted by these laws.
The draft amendment is in line with the mandatory changes of the cited statutes, which are:
(1) updating the required minimum distribution rules; (2) protecting a participant’s right to direct a trustee-to-trustee transfer of their account balance to an individual retirement account (IRA) or other qualified plan with lifetime income investment options in the event the plan ceases to provide such an option; and (3) update the rollover rules to allow for the rollover of a participant’s qualified plan loan offset.
The amendment also allows OCPA to elect certain the optional changes authorized by the SECURE Act and CARES Act. Staff proposes that OCPA elect the following two optional changes, which increase the flexibility that a participant has to take in-service withdrawals:
1. In-service withdrawals for birth or adoption; and
2. Lowering the age for in-service withdrawals from 70 to 59½.
FISCAL IMPACT
There is no fiscal impact.
ATTACHMENTS
Proposed Amendment and Election Form for the Code Section 457(b) Deferred Compensation Plan to Comply with the CARES Act, Miners Act, and SECURE Act 1 OCPA-002_CARES SECURE ACTS INTERIM AMENDMENT
AMENDMENT AND ELECTION FORM
FOR THE
CODE SECTION 457(b) DEFERRED COMPENSATION PLAN
TO COMPLY WITH
THE CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY ACT ("CARES ACT"), THE BIPARTISAN AMERICAN MINERS ACT OF 2019 (“MINERS ACT”),
AND THE
SETTING EVERY COMMUNITY UP FOR RETIREMENT ENHANCEMENT ACT OF 2019 ("SECURE ACT") AS ESTABLISHED BY THE FURTHER CONSOLIDATED APPROPRIATIONS ACT 2020 Plan Name: OCPA 457(b) Plan
Adoption of this interim amendment (the "Amendment") is intended as good-faith compliance with certain provisions of the Coronavirus Aid, Relief and Economic Security Act ("CARES Act"), the Bipartisan American Miners Act of 2019 (“Miners Act”), and The Setting Every Community Up for Retirement Enhancement Act of 2019 ("SECURE Act") as established with the enactment of the Further Consolidated Appropriations Act 2020. This Amendment supersedes any conflicting provisions of the Code Section 457(b) Deferred Compensation Plan, administrative policy, funding policy, and/or any previously-adopted "good faith" amendment of the same subject matter, as applicable.
This Amendment is made in "good faith" and provides both explanation and election of certain provisions. With respect to the Miners Act, the SECURE Act and the CARES Act, the deadline to adopt this amendment and any such date or dates identified in this Amendment may be extended by official notice, announcement, or other capacity, as promulgated by the Department of the Treasury.
Distribution from the Plan
Definitions and Rules Relating to Designated Beneficiaries. Effective for Participants who die after December 31, 2021, the terms below have the following meanings as they relate to required minimum distributions under Code Section 401(a)(9) and the determination of beneficiary under Code Section 401(a)(9)(E):
(a) Designated Beneficiary. The term Designated Beneficiary means any individual designated as a Beneficiary by the Participant (or surviving Spouse).
(b) Eligible Designated Beneficiary. The term Eligible Designated Beneficiary means any Designated Beneficiary, with respect to the Participant, who is (1) the surviving Spouse of the Participant; (2) subject to (c) below, a child of the Participant who has not reach the age of 21; (3) disabled; (4) a chronically ill individual (within the meaning of Code Section 7702B(c)(2), except that the requirements of subparagraph (A)(i) thereof shall only be treated as met if there is a certification that, as of such date, the period of inability described in such subparagraph with respect to the individual is an indefinite one which is reasonably expected to be lengthy in nature); or (5) an individual not described in any of the preceding subclauses who is not more than 10 years younger than the Participant. The determination of whether a Designated Beneficiary is an Eligible Designated Beneficiary shall be made as of the date of death of the Participant.
(c) Special Rule for Children. Subject to Code Section 401(a)(9)(F), an individual described at (b)(2) above shall cease to be an Eligible Designated Beneficiary as of the date the individual reaches the age of 21 and any remainder of the portion of the individuals' interest to which subparagraph (b) above applies shall be distributed within 10 years after such date.
Docusign Envelope ID: 22F3B26F-49A8-433F-A918-B8D9E20D38F4 2 Modifications to Required Minimum Distribution Rules. Required minimum distributions are hereby revised according to Code Section 401(a)(9)(H) and generally apply to Participants who die after December 31, 2021, and to any Beneficiary of a Participant's Designated Beneficiary who died after December 31, 2019, (when the Participant died before January 1, 2022). In such case, the Participant's Designated Beneficiary shall be treated as an Eligible Designated Beneficiary for purposes of Code Section 401(a)(9)(H)(ii). Where a Participant dies before the distribution of such Participant's entire interest, the following shall apply:
(a) In General. Except in the case of a Beneficiary who is not a Designated Beneficiary, Code Section 401(a)(9)(B)(ii) shall be applied by substituting "10 years" for "5 years" and shall apply whether or not required distributions of the Participant's interests have begun according to Code Section 401(a)(9)(A). (b) Exception for Eligible Designated Beneficiary. The application of Code Section 401(a)(9)(B)(iii) where a Participant dies after distribution has begun but before the entire interest has been distributed and where the exception to the 5-year rule for certain amounts payable over the life of the Designated Beneficiary may apply, shall apply only in the case of an Eligible Designated Beneficiary.
Effective April 1, 2022, the Participant or Eligible Designated Beneficiary may elect to apply either the 10-year rule or the life expectancy rule to determine the required minimum distributions when the Participant dies before his/her Required Beginning Date. For an Eligible Designated Beneficiary who is the surviving Spouse of the Participant, if no election is timely made, the life expectancy rule applies. For an Eligible Designated Beneficiary who is other than the surviving Spouse of the Participant, if no election is timely made, the 10-year rule applies. (c) Rules Upon Death of Eligible Designated Beneficiary. If an Eligible Designated Beneficiary dies before the portion of the Participant's interest to which this subparagraph applies is entirely distributed, the exception noted at (b) above shall not apply to any Beneficiary of such Eligible Designated Beneficiary and the remainder of such portion shall be distributed within 10 years after the death of such Eligible Designated Beneficiary. (d) Special Rule in Case of Certain Trusts for Disabled or Chronically Ill Beneficiaries. In the case of an "applicable multi-beneficiary trust", if under the terms of the trust (i) it is to be divided immediately upon the death of the Participant into separate trusts for each Beneficiary, or (ii) no individual (other than an Eligible Designated Beneficiary described in Code Section 401(a)(9)(E)(ii)(III) or (IV)) has any right to the Participant's interest in the Plan until the death of all such Eligible Designated Beneficiaries with respect to the trust, for purposes of a trust described at (i) herein, clause (b) above shall be applied separately with respect to the portion of the Participant's interest that is payable to any Eligible Designated Beneficiary described in Code Section 401(a)(9)(E)(ii)(III) or (IV); and for purposes of a trust described at (ii) herein, Code Section 401(a)(9)(B)(iii) shall not apply to the distribution of the Participant's interest and any Beneficiary who is not an Eligible Designated Beneficiary shall be treated as a Beneficiary of the Eligible Designated Beneficiary upon the death of such Eligible Designated Beneficiary. For purposes of this paragraph, "applicable multi-beneficiary trust" means a trust which has more than one beneficiary, all of the Beneficiaries of which are treated as Designated Beneficiaries for purposes of determining the distribution period pursuant to this paragraph, and where at least one of the Beneficiaries of which is an Eligible Designated Beneficiary described at Code Section 401(a)(9)(E)(ii)(III) or (IV).
Required Beginning Date for Mandatory Distributions. Effective for Participants who attain age 70½ in calendar year 2020, or thereafter, the term Required Beginning Date means the April 1 of the calendar year following the later of the calendar year in which the Participant attains age 72 or retires due to Severance from Employment.
Distribution from the Plan
In-Service Withdrawals for Birth or Adoption. If selected, a Participant may request an in-service distribution in connection with the qualified birth or adoption of a child who has not attained age 18 (excluding a Spouse's child) or a child who is physically or mentally incapable of self-support, regardless of age. For this purpose, a qualified birth or adoption distribution" ("QBAD") means a distribution to a Participant with respect to any child or eligible adoptee who meets the terms above, and for which the Participant includes the name, age, and the taxpayer identification number of the child or eligible adoptee on the Participant's tax return for the taxable year in which the distribution is made.
Any such distribution made under this provision may be made in Plan Years beginning after December 31, 2019, will not be Docusign Envelope ID: 22F3B26F-49A8-433F-A918-B8D9E20D38F4 3 subject to the penalty tax under Code Section 72(t), is not subject to mandatory withholding under Code Section 3405, is not treated as an eligible rollover distribution for purposes of the direct rollover rules of Code Section 401(a)(31), and must be made within the 1-year period following the birth of such child or the legal adoption of a child is finalized. The maximum amount available per individual per child is $5,000 from all plans maintained by the Employer (and any member of any controlled group which includes the Employer).
If the Plan permits Rollover Contributions and such Participant is eligible to make a Rollover Contribution at the time of the request, a Participant may recontribute a QBAD (or portion thereof) as if it were a direct trustee-to-trustee transfer of an Eligible Rollover Distribution as provided by Code Section 402(c)(4). If the Plan does not permit Rollover Contributions, or the Participant is not eligible to make a Rollover Contribution at the time of the request, such Participant may rollover a QBAD to an Eligible Retirement Plan in which the Participant is a beneficiary and to which a rollover can be made as provided by Code Sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3), or 457(e)(16), as applicable.
A QBAD is not related to any other provision or reason that may or may not permit in-service distributions from the Plan. When determining the Participant's eligibility for a QBAD, the Plan Sponsor or Administrator may rely on reasonable representations from the Participant, unless the Plan Sponsor or Administrator has actual knowledge to the contrary.
Distribution made from the Plan on account of birth, adoption, or placement of a child is hereby adopted effective April 1, 2022.
In-Service Withdrawals. Effective as of the date adopted (in no event earlier than the Plan Year beginning after December 31, 2019 and no later than the last day of the Plan Year in which effective), the age limit for in-service withdrawals is decreased from no less than age 70½ to no less than age 59½. No distribution may be made while employed (other than any portion thereof which is attributable to Rollover Contributions) prior to age 59½.
Effective April 1, 2022, a Participant who has reached age 59½ (cannot be earlier than age 59½) and who has not yet terminated employment may elect to receive a distribution of his or her Vested Account Balance.
Portability of Lifetime Income Options. Effective with Plan Years beginning after December 31, 2019, in the case where a lifetime income investment is no longer authorized to be held as an investment option under the Plan, the Administrator of the Plan may during the 90-day period before such lifetime income investment option becomes unavailable under the Plan, allow affected Participants to make a direct trustee-to-trustee transfer to another employer-sponsored retirement plan or an IRA of any eliminated lifetime income investments or request an in-service distribution of any such lifetime income investment in the form of a qualified plan distribution annuity.
Rollover Rules for Qualified Plan Loan Offset Amounts. The Plan is hereby amended for Section 1.402(c)-3 affecting plan loan offset amounts, including qualified plan loan offset amounts, distributed on or after January 1, 2021, unless applied earlier to distributions made on or after August 20, 2020.
Unless specifically excluded, an Eligible Rollover Distribution means any distribution to a Participant (or to a Spouse Beneficiary) of all or any portion of the balance to the credit of the Employee in a Qualified Plan, including a distribution of a "qualified plan loan offset amount" (QPLO). For this purpose, a QPLO amount means a distribution that occurs when, under the Plan terms governing the loan, the balance in the Participant's Account is reduced or offset upon a Participant's severance from employment or request for distribution, in order to repay an outstanding or defaulted loan, but does not include a deemed distribution under Code Section 72(p). Any such amount that does not exceed the plan loan offset amount may be rolled over by the Participant (or Spouse Beneficiary) to an Eligible Retirement Plan by the individual's tax filing due date (plus extensions) for the taxable year in which the offset occurs unless the plan offset amount fails to be an Eligible Rollover Distribution for another reason. This extended period in which to complete a rollover of the QPLO amount will apply even if such taxpayer does not request an extension to file and instead files his or her return by the unextended tax filing due date.
For this purpose, a "QPLO" is a plan loan offset amount that is treated as a distribution to a Participant or Beneficiary solely by reason of either the termination of the Employer's Qualified Plan, or the failure to meet the repayment terms of the loan because of the Participant's severance from employment, provided such loan met the requirements of Code Section 72(p)(2) immediately prior to the termination of the Employer's Qualified Plan or the Participant's severance from employment, as applicable. A QPLO amount is treated as distributed from a Qualified Plan to a Participant or Beneficiary solely by reason of the failure to meet the Plan loan repayment terms because of severance from employment if the plan loan offset (i) relates to a failure to meet the repayment terms of the plan loan, and (ii) occurs within the period beginning on the date of the employee's severance from Docusign Envelope ID: 22F3B26F-49A8-433F-A918-B8D9E20D38F4 4 employment and ending the first anniversary of that date.
CARES Act Provisions
Required Minimum Distributions (RMDs). All distributions from the Plan will be determined and made in accordance with the Regulations under Code Section 401(a)(9) and the minimum distribution incidental benefit requirement of Code Section 401(a)(9)(G). Notwithstanding the provisions of the Plan to the contrary, a Participant or Beneficiary who would have been required to receive a required minimum distributions in calendar year 2020 but for the enactment of Code Section 401(a)(9)(I) ("2020 RMDs"), and who elected to receive the RMD based on scheduled installments received the 2020 RMD, unless the Participant elected not to receive it. All other Participants received the 2020 RMD only if a request was submitted to the Plan Administrator. If no request was made, the 2020 RMD was not distributed. For Beneficiaries of deceased Participants, calendar year 2020 will not be counted as part of the five (5) year period during which they must take a distribution. ☒ A Participant who elected to receive RMDs based on scheduled installments received the 2020 RMD, unless the Participant elected not to receive it. All other Participants received the 2020 RMD only if a request was submitted to the Plan Administrator. If no request was made, the 2020 RMD was not distributed.
Direct Rollovers. Notwithstanding the provisions of the Plan to the contrary, and solely for purposes of applying the direct rollover provisions of the Plan, the additional distributions in 2020 checked below (if any) will be treated as eligible rollover distributions. However, if no election is made below, a direct rollover will be offered only for distributions that would be eligible rollover distributions without regard to Code Section 401(a)(9)(I). 2020 RMDs and Extended 2020 RMDs (as defined above).
☒ 2020 RMDs (as defined above) but only if paid with an additional amount that is an eligible rollover distribution without regard to Code Section 401(a)(9)(I).
Coronavirus-Related Distributions from Retirement Plans. If elected, the term “coronavirus-related distribution” means any distribution from an eligible retirement plan (as defined by Code Section 402(c)(8)(B)) made on or after the date of the enactment of the CARES Act and before December 31, 2020, (or such later date as the Secretary of the Treasury or its delegate may prescribe) to an individual:
• who is diagnosed with the virus SARS-CoV-2 or with coronavirus disease 2019 (COVID-19) by a test approved by the Centers for Disease Control and Prevention,
• whose spouse or dependent (as defined in Code Section 152) is diagnosed with such virus or disease by such a test, or • who experiences adverse financial consequences as a result of being quarantined, being furloughed or laid off or having work hours reduced due to such virus or disease, being unable to work due to lack of childcare due to such virus or disease, closing or reducing hours of a business owned or operated by the individual due to such virus or disease, or other factors as determined by the Secretary of the Treasury (or the Secretary's delegate).
The aggregate amount of distributions received by an individual for any coronavirus-related distributions from all plans maintained by the employer (and any member of any controlled group as defined in Code Sections 414(b), (c), (m) or (o) which includes the employer) for any taxable year shall not exceed $100,000 and Code Section 72(t) shall not apply.
For purposes of Code Sections 401(a)(31), 402(f), and 3405, coronavirus-related distributions shall not be treated as eligible rollover distributions and will therefore not be subject to mandatory withholding. For purposes of making unforeseeable distributions, a coronavirus-related distribution shall be treated as meeting the requirements of Code Sections 401(k)(2)(B)(i), 403(b)(7)(A)(i), 403(b)(11), and 457(d)(1)(A).
An individual who receives a coronavirus-related distribution may, at any time during the 3-year period beginning on the day after the date on which such distribution was received, make one or more contributions in an aggregate amount (not to exceed the amount of such distribution) to an eligible retirement plan of which such individual is a beneficiary and to which a rollover contribution of such distribution could be made under Code Sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3), or 457(e)(16), as Docusign Envelope ID: 22F3B26F-49A8-433F-A918-B8D9E20D38F4 5 the case may be. If such contribution is made with respect to a coronavirus-related distribution from an eligible retirement plan other than an individual retirement plan, then the individual shall, to the extent of the amount of the contribution, be treated as having received the coronavirus-related distribution in an eligible rollover distribution (as defined in Code Section 402(c)(4)) and as having transferred the amount to the eligible retirement plan in a direct trustee to trustee transfer within 60 days of the distribution. In the case of any coronavirus-related distribution, unless the taxpayer elects not to have this paragraph apply for any taxable year, any amount required to be included in gross income for such taxable year shall be so included ratably over the 3-taxable-year period beginning with such taxable year.
Expanded Loan Provisions. If elected, in the case of any loan from a qualified employer plan (as defined under Code Section 72(p)(4)) to a qualified individual (as defined at Section 1 above) made during the 180-day period beginning on the date of the enactment of the CARES Act (or such later date as the Secretary of the Treasury or its delegate may prescribe), clause (i) of Code Section 72(p)(2)(A) shall be applied by substituting “$100,000” for “$50,000”, and clause (ii) of such section shall be applied by substituting “the present value of the nonforfeitable accrued benefit of the employee under the plan” for “one-half of the present value of the nonforfeitable accrued benefit of the employee under the plan”.
If elected, in the case of a qualified individual with an outstanding loan (on or after the date of the enactment of this Act) from a qualified employer plan with a due date for any repayment with respect to such loan occurring during the period beginning on the date of the enactment of this Act and ending on December 31, 2020, such due date shall be delayed for 1 year (or such later date as the Secretary of the Treasury or its delegate may prescribe), any subsequent repayments with respect to any such loan shall be appropriately adjusted to reflect the delay in the due date and any interest accruing during such delay. In determining the 5-year period and the term of a loan under subparagraph (B) or (C) of Code Section 72(p)(2), the period described herein shall be disregarded.
Signature of Sponsoring Employer
The Plan is hereby amended, as indicated above, and includes by reference all other relevant provisions of the SECURE Act, effective January 1, 2022, and as of the dates indicated herein.
Signature _________________________________________________Title _________________________________ Print Name __________________________________________ Date ________________________________ Docusign Envelope ID: 22F3B26F-49A8-433F-A918-B8D9E20D38F4 Joe Mosca
Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations.
For plan sponsor use only. Not for use with plan participants.
CARES/SECURE Acts Interim
Amendment
Frequently asked questions (FAQ)
This frequently asked questions (FAQ) document explains the provisions of the final regulations as enacted by the Bipartisan American Miners Act of 2019 (Miners Act); Coronavirus Aid, Relief, and Economic Security Act (CARES Act); and the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act). Please review this document for answers to questions you may have about the adoption of the CARES/SECURE Acts Interim Amendment (the “Interim Amendment”) applicable to your retirement plan.
Q1. What does the CARES/SECURE Acts Interim Amendment cover? A1. The Interim Amendment covers changes made by recent legislation as outlined above. The recent legislation includes both mandatory and optional provisions, including, but not limited to:
SECURE Act – Including Miners Act
■ Modification of required minimum distribution rules (mandatory): The final regulations have made modifications to the rules about required minimum distributions (RMDs) beginning after December 31, 2019. Modifications include:
– A change in RMD rules for designated beneficiaries:
• 10-year rule: Non-spousal beneficiaries can no longer elect lifetime payments.
Accounts must be distributed over a maximum period of 10 years. An exception applies to certain non-spousal beneficiaries.
■ Qualified birth or adoption distributions (QBADs) (optional):
- A participant may request a distribution of up to $5,000 per child, across all plans sponsored by an employer, within one year after a qualified birth or adoption. • These distributions are not subject to the 10% penalty tax and are not treated as an eligible rollover distribution. A QBAD can be recontributed at any time. ■ In-service distribution age (optional):
- The plan may allow for in-service distributions upon attainment of age 59½, effective for plan years beginning after December 31, 2019.
CARES Act
■ Coronavirus-related distributions and loans from the plan (optional):
- Your plan may have allowed Coronavirus-related distributions (CRDs) to participants without regard to certain distribution restrictions otherwise applicable under your plan. • A distribution could be considered a CRD if the distribution was made after January 1, 2020 and before December 31, 2020.
• A CRD may have been made to a participant, or their spouse, that was diagnosed with COVID-19 or who experienced certain adverse financial consequences as a result COVID-19.
Retirement Plan Services
Docusign Envelope ID: 22F3B26F-49A8-433F-A918-B8D9E20D38F4 2 • CRDs were limited to $100,000 per participant from all plans the employer sponsors. • CRDs may be repaid as a rollover contribution at any time within three years beginning on the date the CRD was received.
- Special loan rules available if elected by plan sponsor. • The loan limit was increased to $100,000 for the 180-day period beginning March 27, 2020.
• The loan repayment date may have been delayed up to one year. - Required minimum distributions (RMDs) for 2020.
• 2020 RMD payments were not required. This included payments due for 2019, provided the payment was not already made by December 31, 2019. • If a participant took their RMD in 2020, they may treat that distribution as an eligible rollover distribution.
Q2. When do these changes take effect?
A2. The optional provisions in this Interim Amendment were effective as of the date requested or otherwise administratively feasible. Mandatory provision effective dates are noted earlier under Q1/A1.
Q3. We also sponsor a 403(b) plan. We received the CARES/SECURE Acts Interim Amendment for the 403(b) plan last year; doesn’t that cover both plans? A3. No, a CARES/SECURE Acts Interim Amendment must be adopted for each plan you sponsor. The Interim Amendment amends your plan document to cover provisions included in the applicable legislation.
Q4. I have already signed and returned an operational checklist. Why do I need to sign the Interim Amendment as well?
A4. When legislation, such as the CARES Act and SECURE Act, is passed, there is a period of time when a plan sponsor may operate under the new provisions, with the understanding that the new provisions will be formally adopted under the subsequent corresponding Interim Amendment. Use of an operational checklist, while standard industry practice, does not constitute a formal Interim Amendment; such checklists are used to capture your operational elections in the interim between when legislation is passed and the availability of formal interim amendments.
Q5. Does this Interim Amendment contain provisions from the SECURE 2.0 legislation? A5. No. This Interim Amendment only contains provisions from the pieces of legislation noted above. A separate Interim Amendment for SECURE 2.0 provisions will be provided at a later date in accordance with IRS deadlines applicable to that legislation.
Q6. Do any of the documents included need to be provided to plan participants? A6. No, Summary of Material Modification (SMM) requirements do not apply to 457(b) governmental plans.
Q7. Do any of the documents included need to be returned to Lincoln? A7. As the sponsor of a 457(b) governmental plan, you must sign and date the Interim Amendment. Please return a signed and dated copy to Lincoln prior to December 31, 2024.
Q8. If I have questions about this Interim Amendment or related materials, who should I contact? A8. If you have questions about the information provided, please contact your Lincoln account manager.
Docusign Envelope ID: 22F3B26F-49A8-433F-A918-B8D9E20D38F4 Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates, including Lincoln Retirement Services Company, LLC, The Lincoln National Life Insurance Company, Fort Wayne, IN, and, in New York, Lincoln Life & Annuity Company of New York, Syracuse, NY.
Affiliates are separately responsible for their own financial and contractual obligations.
For plan sponsor use only. Not for use with plan participants.
Important note:
While Lincoln has provided this information for consideration, we may not provide, and are not providing, legal or tax advice. We strongly recommend that you consult with your own legal counsel and/or tax professional to determine the applicability of these new rules.
Not a deposit
Not FDIC-insured
Not insured by any federal
government agency
Not guaranteed by any bank
or savings association
May go down in value
©2024 Lincoln National Corporation
LincolnFinancial.com/RetirementPlans
Lincoln Financial Group is the marketing
name for Lincoln National Corporation
and its affiliates.
Affiliates are separately responsible for
their own financial and contractual
obligations.
PAD-6677048-060624
6/24 Z01
Order code: RBC-0624-FLI002
Docusign Envelope ID: 22F3B26F-49A8-433F-A918-B8D9E20D38F4
ORANGE COUNTY POWER AUTHORITY
Staff Report – Item 8.6
--------------------------------------------------------------------------------------------------------------------- To: Orange County Power Authority Board of Directors
From: Joe Mosca, Chief Executive Officer
Nicholaus Norvell, Interim General Counsel
Subject: PUBLIC RECORDS ACT REPORT
Date: October 15, 2024
---------------------------------------------------------------------------------------------------------------------
RECOMMENDATION
Receive and file.
BACKGROUND
As part of its February 2023 report, the State Auditor recommended that OCPA report to the Board of Directors no less than quarterly on: (1) the number of public records requests received, closed, and pending; (2) the average time OCPA took to respond to those requests; and (3) the reasons for withholding or redacting requested records, if applicable. A previous report was provided at the June 18, 2024 meeting, covering the period March 15, 2024 through June 12, 2024.
Below is a report covering the period from June 13, 2024 through October 9, 2024.
Requests Received 9
Requests Closed 8
Requests Pending 1
Determination or Extension
Letters Provided within 10 Days
Yes
Average Calendar Days to Fully
Complete Closed Requests
19.6 Public Records Act Exemptions
Applied
(Citations to Government Code unless
otherwise noted)
• Public disclosure of financial identification
information, tax identification numbers,
banking account numbers, and unique
passwords could promote financial fraud and
could compromise the financial security of the
business or organization to which the financial
information belongs. Therefore, the public
interest served in withholding the redacted
information clearly outweighs any public
interest served in disclosure pursuant to
Government Code § 7922.000.
• Personnel, medical, or similar files, are exempt
as disclosure would constitute an unwarranted
invasion of personal privacy pursuant to
Government Code §7927.7002.
• The home addresses, home telephone numbers,
cell phone numbers and birth dates of agency
employees are exempt as disclosure would
constitute an unwarranted invasion of privacy
pursuant to Government Code §7928.3003.
• In order to protect against the risk of identity
theft, Government Code §7922.2004 requires
local agencies to redact social security numbers
from records before disclosing them to the
public; Public disclosure of the redacted
personal information, such as personal phone
numbers, email addresses and addresses, would
constitute an unwarranted invasion of personal
privacy. Therefore, the public interest served in
withholding the redacted information clearly
outweighs any public interest served in
disclosure pursuant to Government Code
§ 7922.000.
ORANGE COUNTY POWER AUTHORITY
Staff Report – Item 8.7
-------------------------------------------------------------------------------------------------------------------- To: Orange County Power Authority Board of Directors
From: Saul Viramontes, Management Analyst
Approved By: Joe Mosca, Chief Executive Officer
Subject: OCPA 2024 Strategic Plan Progress Update
Date: October 15, 2024
--------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
Receive and file.
BACKGROUND
Consistent with Orange County Power Authority’s (OCPA) strategic planning process, which began earlier this year and was presented to the Board of Director’s (Board) via Workshop on May 21, 2024, staff are presenting a brief update on the progress of the goals and objectives set for FY2024-25.
Attached is a Strategic Plan Progress Tracker, which provides details on the status of each objective and available updates as of September 2024.
FISCAL IMPACT
None
ATTACHMENTS
Attachment A – OCPA 2024 Strategic Plan Progress Tracker Focus
Area:
Enrich and Grow the OCPA Community
Expected
Completion Date
Assigned To Status Update/Comments
Objective 1 Conduct an annual survey of prospective member agencies’ interests and needs. Q1 2025 Communications & External Affairs Complete The annual survey was conducted in August 2024 and results will be processed during September 2024.
Objective 2
Conduct quarterly meetings with policy staff from potential member agencies to discuss strategies to reduce greenhouse gas emissions, promote electrification, and identify funding sources.
Quarterly Communications &
External Affairs Ongoing+ Regular check-ins with member agency staff and other key stakeholders in policy, electric, or environmental industries.
Objective 3 Host Quarterly Business Roundtables at OCPA to gather insights on programs and offerings that incentivize businesses to endorse the agency. Quarterly Communications & External Affairs In Progress Objective 4 Host four community town halls to introduce programs and agency updates. Quarterly Communications & External Affairs In Progress
Objective 5 Produce webinars on billing, programs, and OCPA general information. Quarterly Communications & External Affairs In Progress
Objective 6 Engage key stakeholders in prospective member agencies to promote OCPA's mission and benefits to member agencies and customers. Monthly Communications & External Affairs Objective 7 Develop and implement a strategy for identifying, educating, and enrolling new member agencies. Q3 2024 Communications & External Affairs Ongoing+ A Prospective Member City Communications and Public Outreach plan has been developed and is being implemented with Fountain Valley.
Focus
Area:
Prioritize Fiscal Sustainability & Affordability
Expected
Completion Date
Assigned To Status Update/Comments
Objective 1 Maintain strong and stable financial growth by ensuring that OCPA rates are sufficient to generate returns and meet expenses. Jan-25 Finance & Data Analytics Ongoing+ Since April 2024, staff has collaborated with our energy counterparties and US Bank to transition the entire $14.7 million collateral posting requirement from letters of credit to cash posting, reducing financing costs and financial obligations. Additionally, staff has been evaluating potential measures, including deferring revenue from FY2023/24 to FY2024/25 and adjusting OCPA's product offerings, to mitigate customer rate shock due to the projected SCE rate reduction and PCIA increases in January 2025.
Objective 2 Build the Rate Stabilization Reserves Fund to be in the range of 30-50% of total operating expenses starting FY2024/25. Jun-24 Finance & Data Analytics Complete In June 2024, the Board approved the FY2024/25 OCPA Operating Budget, projecting the Rate Stabilization Reserves Fund (RSF) at 41% of total operating expenses for FY2024/25.
For planning purposes, the RSF is projected to range between 37% and 57% of total operating expenses from FY2025/26 through FY2029/30.
Objective 3
Partner with a professional load forecasting consultant to develop and maintain 5-year long-term load forecasting and 15-day short-term load forecast, aiming to improve accuracy and mitigate financial risks.
Q4 2024 Finance & Data Analytics Complete
In May 2024, OCPA partnered with Amperon, a specialist in risk mitigation through advanced demand forecasting, to develop a 5-year long-term load forecast for FY2024/25 through FY2029/30. This partnership also focuses on creating a short-term load forecast to mitigate financial risks in the day-ahead CAISO market.
Objective 4 Engage with a professional credit rating consultant to develop a planning roadmap aimed at obtaining a credit rating in 2027. Q1 2025 Finance & Data Analytics Complete In August 2024, staff identified PFM Financial Advisory, a proven and experienced municipal financial advisor, to assist OCPA in developing a roadmap to achieve a credit rating by 2027. Securing an investment-grade credit rating will increase competition among energy procurement counterparties, potentially lowering energy costs. It will also eliminate the $14.7 million collateral posting requirement, reduce transaction costs, and unlock innovative financing options for future growth and investments.
Objective 5 Create a comprehensive walkthrough of the OCPA Rate Design, aligning it with the projected 12-month revenue requirement for CY2025. Jan-25 Finance & Data Analytics Objective 6 Reassess OCPA's Product Offerings, ensuring the integration of the most cost-effective and appropriate renewable resources. Q4 2024 Finance & Data Analytics In Progress Since July 2024, staff has been evaluating potential changes to OCPA's product offerings to mitigate energy costs due to the sudden increase in renewable energy prices (PCC1).
Several scenarios will be presented to the ad-hoc committee for consideration in Q4 2024.
Objective 7 Develop relationships with financial institutions capable of offering prepay structured financing services on Power Purchase Agreements with power suppliers. Jun-25 Finance & Data Analytics In Progress Staff plans to introduce the prepay transaction initiative to the board in October 2024.
Objective 8
Establish a new office location to optimize costs, accommodate the requirements of a public agency, and boost organizational efficiency by maintaining our own secure environment.
Sep-24 Administration Complete OCPA has officially moved into new office space at 15310 Barranca Parkway which provides the organization with a new Boardroom, private conference room/meeting space, and more space for the growing team while reducing operational costs.
Objective 9
Partner with cybersecurity professionals leveraging both current and new resources to examine and fortify our technology infrastructure, ensuring protection against evolving threats.
Q2 2025 Administration In Progress
At our new office space, OCPA has its own network and firewall, reducing the potential for cyber threats. Additionally, staff are meeting with cyber professionals to support the Adavanced Metering Infrastructure (AMI) audit requirements which will include penn testing and a review of OCPA's data standards and IT policies.
Focus
Area:
Move Toward a More Sustainable Electric Grid
Expected
Completion Date
Assigned To Status Update/Comments
Objective 1 Implement the first OCPA local generation programs, establishing contracts for developing small-scale distributed storage facilities with a 1-5 megawatt capacity each. Q1 2025 Power Resources In Progress The pilot Feed-in-Tariff program is planned to be deployed in the first quarter of 2025 instead of Q4 of 2024 to ensure alignment with customers’ feedback and assessments.
Objective 2 Establish precise metrics and effective tools to proficiently identify, avoid, and mitigate market and credit risks for OCPA. Q1 2025 Power Resources In Progress The precise metrics will be developed by Q1 of 2025, including surveying industry best practices, baselines, and overall OCPA’s growth objectives.
Objective 3 Create local partnerships with clean technology companies to advance emerging long-term energy storage and technologies. Q2 2025 Power Resources In Progress Ongoing progress on surveying technology companies with a local presence with sustainability and low or potential to lower the overall carbon footprint. Staff will attend RE+ 2024 to further the effort.
Objective 4 Forge partnerships with other CCAs to acquire shared resources, mitigate development risks, and capitalize on economies of scale. Q4 2024 Power Resources In Progress Continued participation with CalCCA’s committees and discussion groups – resource procurement, risk management, compliance, and modeling. In addition, outreach to other CCAs have provided actionable insights; and this will be a continued effort to build relationships and forge partnership in power procurement. Lastly, taking next steps in joining CA Community Power (CCPower) to leverage a larger pool of buying power.
Objective 5 Create a more sustainable electric grid with measurable milestones above California’s renewable energy goals. Q1 2025 Power Resources In Progress Successfully awarded a significant portion of CA RPS-eligible Power Content Category 1 (PCC1) Renewable Energy Credits (RECs) in August 2024 for the calendar year 2025 that provides more certainty for OCPA’s customer 100% product choice while continuing to exceed CA RPS requirements. With the recent softening of market prices along with the development of the Implementation Plan for Fountain Valley, adjusting the expected completion to Q1 of 2025 will better align with the schedule.
Objective 6 Create partnerships with member agencies to identify local development opportunities. Q1 2025 Power Resources In Progress Dovetailing Objective No. 1 to implement a local generation program, OCPA staff is continuing to work on feasibilities and identifying opportunities with member agencies, including locations with high potential. The expected completion date for this Objective is adjusted to Q2 of 2025 to align with the completion of Objective No. 1.
Objective 7 Release at least two (2) long-term solicitations for renewable energy resources. Q2 2025 Power Resources With the solicitation RFP issued in March of 2024 for long-term renewable energy and incremental capacity supply, negotiations with the short-listed proposers are ongoing and will evaluate and determine whether one or two additional long-term solicitations should be released by Q2 of 2025 in the subsequent update.
Focus
Area:
Raising Awareness of OCPA & Informing People on the
Advantages of Clean Energy
Expected
Completion Date
Assigned To Status Update/Comments
Objective 1 Launch the Community Power Plan (CPP) emphasizing diverse customer engagement, which will support the creation of customer programs in the upcoming years. Jan-25 Customer Programs In Progress The CPP contractor recommendation is going before the Board of Directors on September 17th, 2024. We will kick-off the program in Q4 2024.
Objective 2 Communicate in culturally relevant ways by providing easily accessible information in multiple languages to reach diverse communities. Monthly Customer Programs Ongoing+ Numerous documents and videos have been translated into multiple languages including the latest postcard. OCPA has a relationship with a responsive translation service to support in expanding language access for all relevant materials.
Objective 3 Establish grant opportunities for member agencies and customers to support electrification and energy efficiency. Jun-25 Customer Programs Ongoing+ OCPA has been selected to as a sub-grantee for the Equitable Building Decarbonization Direct Install (EBD DI) Program through the California Energy Commission. As a partner on this program, OCPA will promote among under-resourced and low-income communities in member cities the opportunity for residential customers to electrify their homes at no cost.
Moreover, electrification and energy efficiency programs will be researched as part of the Community Power Plan.
Objective 4 Continue building positive relationships with multicultural, business, trade, environmental, non-governmental, and community-based organizations. Monthly Communications & External Affairs Ongoing+ OCPA is a member of many chambers including most multicultural and munipical chambers that overlap our customers. Meetings with multicultural organizations happen monthly, most recently with the South Coast Chinese Cultural Association and the Vietnamese Chamber of Fountain Valley.
Objective 5 Continue building relationships with media outlets, creating a steady drumbeat of news around milestones, and sustaining balanced and positive stories. Monthly Communications & External Affairs Ongoing+ A list of media contacts has been developed and is continuously evolving. We continue outreach to local media outlets to provide deskside updates on OCPA.
Objective 6 Conduct tracking surveys annually in July 2024, 2025, and 2026, to measure awareness and perceptions. Q3 2024 Communications & External Affairs Complete The annual survey was conducted in August 2024 and results will be processed during September 2024.
Objective 7 Develop a sustained outreach program for elected officials and their staff. Q1 2025 Communications & External Affairs In Progress
Objective 8 Develop and implement a Supplier Diversity Plan that encourages doing business with OCPA and promotes diversity and inclusion for all OCPA communities. Q1 2025 Communications & External Affairs In Progress OCPA is represented at many local small business and supplier diversity forums to broaden reach and provide information on ways to work with us. Activities include tabling at regional procurement days, attending conferences, and meeting with small business owners to explore services and partnerships.
Objective 9 Create and implement an outreach plan re-engaging customers who previously opted out to encourage re-enrollment of at least 2% of non-OCPA customers. Q1 2025 Communications & External Affairs In Progress Focus
Area:
Strengthen Advocacy Efforts to Bolster Community Power & Amplify OCPA’s Voice
Expected
Completion Date
Assigned To Status Update/Comments
Objective 1 Ensure OCPA’s policy platform aligns with organizational objectives and strategic priorities. Jan-25 Regulatory, Legislative, & Policy
Objective 2 Engage a wide range of stakeholders in developing and updating the OCPA Policy Platform. Jan-25 Regulatory, Legislative, & Policy
Objective 3
Enhance OCPA’s legislative and regulatory advocacy efforts by developing an advocacy roadmap to engage with key stakeholders and legislators to ensure outcomes that are consistent with OCPA’s strategic goals.
Jun-25 Regulatory, Legislative, &
Policy In Progress
Objective 4 Conduct at least six high-impact advocacy meetings with key legislators and stakeholders. Annually Regulatory, Legislative, & Policy Scheduled February - Sacramento
March - Washington D.C.
June - Assembly member Cottie Petrie-Norris
October, Washington D.C.
Objective 5 Develop and implement a regulatory monitoring framework to ensure all departments are consistently informed about regulatory changes and their implications. Jun-25 Regulatory, Legislative, & Policy In Progress Focus
Area:
Build an Exceptional Team
Expected
Completion Date
Assigned To Status Update/Comments
Objective 1 Recruit Chief Operations Officer and all open positions in the 2024/2025 FY approved staffing plan. Jun-25 Administration /Human Resources
In Progress Four (4) recruitments are in progress with most of them reviewing final candidates. COO recruitment is the only approved position outstanding.
Objective 2
Expand employee professional development to include briefings with all OCPA teams for new staff and make learning sessions available to other team members to encourage continued collaboration.
Quarterly Administration /Human
Resources
Ongoing+
In June 2024, staff received two comprehensive foundational trainings related to the western energy grid, energy portfolio considerations, state Renewable Portfolio Standards program, and the day ahead and real-time markets.
Objective 3 Foster high employee engagement by establishing quarterly team-building opportunities for the OCPA team. Quarterly Administration /Human Resources Ongoing+
Staff and Board members came together for a Welcome BBQ on the first day at our new office to celebrate the large milestone and reflect on the impact we have made as an organization.
Objective 4 Hold an annual OCPA team offsite meeting to encourage continued planning, collaboration, and learning. Q3 2024 Administration /Human Resources In Progress In develoment, targetting November 2024.
Objective 5
Develop a recognition and awards platform for identifying individuals and organizations making significant contributions to sustainability efforts in the community, allowing OCPA to recognize and celebrate local accomplishments.
Q4 2024 Administration In Progress Staff are developing criteria and reviewing submissions for OCPA's first community impact awards.
ORANGE COUNTY POWER AUTHORITY
Staff Report – Item 9.1
-------------------------------------------------------------------------------------------------------------------- To: Orange County Power Authority Board of Directors
From: Jacquie Henderson, Director of Communications and External Affairs Approved By: Joe Mosca, Chief Executive Officer
Subject: OCPA TRACKING SURVEY 2024 RESULTS
Date: October 15, 2024
--------------------------------------------------------------------------------------------------------------------
RECOMMENDATION
Receive and file.
BACKGROUND
Orange County Power Authority (OCPA) commissioned its first survey of 1,800 registered voters in Orange County from August 2–16, 2023 to test awareness and perception of OCPA, as well as messaging to help inform communications. Recently, the survey was conducted again to see the annual progress in awareness and perception.
SUMMARY
The 2024 survey was conducted amongst a total of 1,400 registered voters in Orange County – with oversamples of voters from the key cities of Buena Park, Fullerton, Irvine, and Fountain Valley – from August 7–20, 2024. The surveys were once again conducted via telephone, text-and email-to-web. The survey was available in English, Spanish, Chinese, Vietnamese, and Korean.
Key findings include the following:
• Orange County Power Authority’s net favorability rating has improved by five points since 2023.
• Three-out-of-four voters suggest they would choose renewable energy if the costs were the same; nearly half strongly agree with that statement.
• Awareness and visibility of OCPA is steadily moving in the right direction, which is what we expect from our seasonal marketing strategy.
• The messaging and information being shared about OCPA is impactful and significantly improves favorability across demographic and geographic subgroups. • Messaging about the flexibility of OCPA’s renewable energy plans – that rates are similar or better than other providers and that OCPA provides choice – were compelling messages for many voters.
EMC Research will speak to the above key findings, and present deeper insight into the portfolio of data. Also providing insight and feedback will be Brenda Deeley from OCPA’s marketing and advertising agency, Reveille, Inc.
FISCAL IMPACT
None
ATTACHMENT
Attachment A – OCPA Tracking Survey Full Results Aug 2023 Survey of Orange County
Registered Voters
Orange County Power Authority
August 2024
Methodology
Survey of Registered Voters in Orange County, not including Anaheim Conducted August 7 – 20, 2024
1400 total interviews with an effective n of 600; overall margin of error ±4.0 percentage points • 200n oversample in Buena Park • 200n oversample in Fullerton
• 200n oversample in Fountain Valley
• 200n oversample in Irvine
Mixed-mode (telephone, text- and email-to-web) methodology • Phone interviews conducted by trained, professional interviewers; landlines and mobile phones included • Voters were sent an invitation via email and text to complete the survey online Interviews were conducted in English
Where applicable, results compared with the following:
Please note that due to rounding, some percentages may not add up to exactly 100%.
Methodology Dates Universe Sample Size Margin of Error EMC # Mixed-mode August 2-16, 2023 Reg. Orange County
Voters (minus Anaheim) Effective n=600 +4.0 percentage points 23-8975 2 Key Findings
Orange County Power Authority’s total brand/name ID and net favorability ratings have both improved since 2023.
There was an increase in certain top of mind recall items of OCPA in 2024 compared to 2023.
The research shows that the messaging and information being shared about OCPA is impactful and significantly improves favorability across demographic and geographic subgroups.
Messaging about the flexibility of OCPA’s programs, the fact that rates are similar or better than other providers, and providing choices in the marketplace were compelling messages for many voters.
3 Issue Environment
Electric Bill Cost Perception
Q15. Thinking about your monthly electric bill, do you think the amount you pay for electricity for your home is too high, about right, or too low? Most voters continue to feel their electric bill is too high.
Too high
61%
About Right
37%
Too low/(Don't know)
3%
Too high
68%
About Right
31%
Too low/(Don't know)
1%
Too high About Right Too low/(Don't know) Too high About Right Too low/(Don't know) 2023 2024
5 46% 29% 13% 11% 75% 24% +51
Strongly
Agree
Somewhat
Agree
(Don't Know/
Refused)
Somewhat
Disagree
Strongly
Disagree
Choosing Renewable Energy
Q11-14. Please tell me whether you strongly agree, somewhat agree, somewhat disagree, or strongly disagree with each of the following statements.
Three-out-of-four voters suggest they would choose renewable energy if the costs were the same; nearly half strongly agree with that statement.
Total
Agree
Total
Disagree
Net
Agree
If the amount I pay for
electricity was equal, I
would choose
renewable energy as
my power source
6 44%
48%
32%
36%
11%
15%
18%
16%
24%
23%
27%
23%
1%
1%
1%
13%
11%
16%
13%
17%
17%
25%
24%
27%
28%
45%
44%
62%
64%
56%
59%
38%
39%
38%
36%
43%
41%
62%
61%
+24
+28
+13
+18
-24
-22
2024
2023
2024
2023
2024
2023
Strongly
Agree
Somewhat
Agree
(Don't Know/
Refused)
Somewhat
Disagree
Strongly
Disagree
Climate Change Statements Over Time
Q11-14. Please tell me whether you strongly agree, somewhat agree, somewhat disagree, or strongly disagree with each of the following statements.
Most voters believe climate change to be a very serious threat to Southern California.
Total
Agree
Total
Disagree
Net
Agree
Climate change is a very serious threat to
the quality of life in Southern California
Climate change is a huge, global issue but
even small changes by individuals like me
can make a big difference
I am personally willing to pay more for
electricity if it helped address climate
change
7 OCPA Ratings
Open Ended Heard About OCPA Recently Over Time
22%
17%
12%
10%
8%
7%
5%
5%
4%
1%
1%
3%
6%
14%
11%
20%
3%
4%
8%
5%
4%
3%
4%
8%
12%
High Rates/Prices
General negative
Political issues/Management issues
General awareness
Advertisements/Mail/Flyers
Helping green energy
In the news
Information about participating cities
Power options
New Management
General information about process
Other
None/Don't know/No opinion
2024
2023
Voters who mention seeing advertisements and “general awareness” have increased significantly from 2023.
Q10. What have you heard or seen?
Asked only of those who indicated they have heard or seen something about OCPA recently; n=475
9 4%
4%
20%
16%
44%
48%
19%
18%
12%
14%
24%
20%
31%
32%
2024
2023
Strongly
Favorable
Somewhat
Favorable
Never Heard/
Don't Know
Somewhat
Unfavorable
Strongly
Unfavorable
Net
Fav.
Favorable Ratings Over Time
Q5-8. I'm going to read you a list of several organizations. Please tell me if you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of each one. If you have never heard of one, please just say so.
OCPA’s net favorability rating is 5 points higher than in 2023.
Total
Fav.
Total
Unfav.
Net
Fav.
Orange County
Power Authority,
or OCPA
-12
-7
10 4%
9%
15%
16%
20%
39%
53%
51%
1%
1%
44%
3%
5%
6%
19%
30%
18%
17%
12%
19%
9%
8%
24%
48%
68%
67%
31%
49%
26%
25%
-7
-1
+42
+42
Orange County Power
Authority, or OCPA
Southern California Edison
Southern California Gas
Company, or SoCal Gas
Your local water utility
Strongly
Favorable
Somewhat
Favorable
(Heard of, but
No Opinion)
Never
Heard
Somewhat
Unfavorable
Strongly
Unfavorable
Favorable Ratings
Q5-8. I'm going to read you a list of several organizations. Please tell me if you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of each one. If you have never heard of one, please just say so.
Familiarity with OCPA is lower than local utility providers.
Total
Fav.
Total
Unfav.
Net
Fav.
11 3%
6%
4%
4%
23%
17%
19%
15%
32%
34%
47%
51%
19%
19%
19%
17%
22%
24%
10%
12%
27%
23%
24%
19%
41%
43%
29%
30%
-15
-20
-5
-11
2024 (17%)
2023 (17%)
2024 (83%)
2023 (83%)
Strongly
Favorable
Somewhat
Favorable
(No Opinion)/
Never Heard
Somewhat
Unfavorable
Strongly
Unfavorable
OCPA Favorable Ratings by Member Cities Over Time
Q5. I'm going to read you a list of several organizations. Please tell me if you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of each one. If you have never heard of one, please just say so.
Net favorability improved both within Member Cities and the rest of the county.
Total
Fav.
Total
Unfav.
Net
Fav.
Member Cities
Rest of County
12 4%
4%
12%
12%
3%
3%
20%
16%
28%
21%
19%
15%
45%
48%
18%
23%
47%
52%
19%
18%
29%
28%
18%
16%
12%
14%
13%
16%
12%
14%
24%
20%
40%
33%
23%
18%
31%
32%
42%
44%
30%
30%
-7
-12
-2
-11
-7
-12
2024
2023
2024 (8%)
2023 (13%)
2024 (92%)
2023 (87%)
Strongly
Favorable
Somewhat
Favorable
(No Opinion)/
Never Heard
Somewhat
Unfavorable
Strongly
Unfavorable
OCPA Favorable Ratings by Customer Groups Over Time
Q5. I'm going to read you a list of several organizations. Please tell me if you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of each one. If you have never heard of one, please just say so.
OCPA’s rating among customers has improved significantly since 2023.
Total
Fav.
Total
Unfav.
Net
Fav.
Overall
OCPA Customer
Non-Customer
13 OCPA Messaging
OCPA Messaging
Q28-39. Next I’d like to read you statements about Orange County Power Authority, or OCPA. After you hear each statement, please tell me whether that gives you an unfavorable or favorable opinion of OCPA.
Messaging focused on the ability to opt-out, providing choice, and highlighting similar or lower rates resonated with voters. 21%
25%
25%
24%
24%
22%
30%
33%
29%
28%
32%
26%
19%
21%
18%
24%
19%
21%
14%
9%
14%
10%
13%
11%
16%
13%
15%
14%
13%
21%
4.43 4.76
4.53 4.59
4.64 4.24
7 - Strongly
favorable
5-6 4/(Don't Know) 2-3 1 - Strongly
unfavorable
Mean
The Orange County Power Authority is a local, not-for-profit, community energy provider that launched in 2022. OCPA purchases renewable electricity from wind, solar, geothermal, biomass and other sources and provides this renewable energy to customers at competitive rates, helping customers reduce their carbon footprint and dependence on fossils fuels.
OCPA customers can choose from various renewable energy plans, or they can opt out and return to the traditional electricity provider. No one is locked into any plan and the customer can decide to change at any time.
OCPA customers can pay the same or sometimes lower rates than customers of traditional electricity providers, while continuing to receive the same reliable service and participating in creating a more sustainable grid. It’s a win-win-win for the environment, our community and a healthier, more resilient future.
For the first time, Orange County residents have a choice in who their electricity provider is and how much renewable energy they want to purchase.
OCPA's basic choice plan provides customers more renewable energy and costs 3% less than Southern California Edison’s equivalent generation rate.
OCPA customers are making a difference in the fight to address climate change. In just their first year of operations, OCPA customer participation in renewable energy has reduced emissions equivalent to removing over 71,000 gas-powered vehicles from our roads each year.
15 OCPA Messaging
Q28-39. Next I’d like to read you statements about Orange County Power Authority, or OCPA. After you hear each statement, please tell me whether that gives you an unfavorable or favorable opinion of OCPA.
Highlighting not-for-profit status of OCPA was also a positive message for many voters. 21%
20%
20%
20%
19%
16%
29%
27%
27%
30%
28%
31%
22%
23%
19%
22%
28%
27%
14%
15%
12%
12%
12%
12%
14%
15%
22%
16%
14%
14%
4.43 4.33
4.16 4.38
4.39 4.33
7 - Strongly
favorable
5-6 4/(Don't Know) 2-3 1 - Strongly
unfavorable
Mean
OCPA is a not-for-profit that reinvests its revenues back into the community through energy efficiency rebates, educational programs, and grants for businesses to create more energy-efficient facilities.
OCPA works with local communities to help decarbonize our economy across multiple sectors by helping secure grants and other funding. Projects include making local office and residential buildings more energy efficient and making our local transportation network more sustainable.
Climate change is a serious threat to our quality of life. We are experiencing more extreme weather and more dangerous wildfire risks. OCPA’s investments in renewable energy do not entirely solve these problems, but they are an important part of the solution.
OCPA is part of a growing movement in California that is sourcing cleaner energy on behalf of millions of electricity users. They give more than 175,000 Orange County homes and businesses the choice of renewable energy at competitive rates. It’s as easy as flipping a switch.
OCPA provides a variety of renewable energy plans with different pricing levels, allowing customers to choose a level of renewable energy that fits their budget.
OCPA is customer-focused and easy to work with. They have an informative and easy to use website, good customer service, and provide clear instructions on how to choose your own renewable energy plan.
16 OCPA After Information Favorable Rating
Opinions of OCPA become significantly more positive after voters learn more about the organization.
Q5/40. Now that you’ve heard more, do you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of Orange County Power Authority, or OCPA? Strongly 4%
Strongly 12%
Somewhat
20%
Somewhat
19%
Favorable
24%
Unfavorable
31%
(No Opinion)/
Never Heard
45%
Favorable Unfavorable (No Opinion)/…
Initial
Strongly 19% Strongly 17%
Somewhat
47%
Somewhat
17%
Favorable
66%
Unfavorable
33%
(Don't know/Refused)
0%
Favorable Unfavorable (Don't know/Refused)
After Information
17 Conclusions
Conclusions
There have been small but measurable improvements in OCPA’s favorability ratings. Ratings have improved among several key audiences, including customers and voters in Fullerton and Irvine.
Positive mentions about OCPA from those who have heard something recently have increased.
The research shows that OCPA’s messaging is impactful and leads to significant increases in favorability ratings across demographic groups. 19 Tom Patras
[email protected]
614.827.9677
Appendix
Right
Direction
47%
Right
Direction
63%
Wrong
Track
49% Wrong
Track
36%
(Don't
Know)
4%
(Don't
Know)
1%
Right Direction/Wrong Track
Voters in Orange County are much more optimistic about the direction of the County today than they were in 2023.
Q3. Do you feel that things in Orange County are generally going in the right direction or do you feel things have gotten pretty seriously off on the wrong track? 2023 2024
22 Most Important Problem
18%
17%
13%
12%
5%
5%
4%
3%
3%
3%
3%
3%
2%
2%
9%
2%
23%
14%
13%
9%
3%
5%
5%
2%
4%
3%
2%
4%
2%
7%
4%
Homelessness
Affordable Housing
Crime/Drugs
Cost of living
Jobs/Economy
Politicians/Government
Political division/partisanship
Overcrowding/Overdevelopment
Traffic/Congestion
Climate Change/Environment
Immigration
Racial Inequality/Policing
Education
Taxes
Other
None/Don't know/No opinion
2024
2023
Homelessness and affordable housing are still the primary top-of-mind concerns for Orange County voters.
Q4. What do you think is the most important problem facing Orange County today? 23 Heard About OCPA Recently
Just under 30% of voters indicate they have seen something recently about OCPA.
Q9. Have you heard or seen anything recently about Orange County Power Authority, or OCPA? A little 25%
A lot
6%
Yes, Have heard or seen
31%
No, Haven't heard or seen
69%
Yes, Have heard or seen No, Haven't heard or seen
2023
A little 21%
A lot
6%
Yes, Have heard or seen
27%
No, Haven't heard or seen
73%
Yes, Have heard or seen No, Haven't heard or seen
2024
24 6%
7%
6%
4%
6%
5%
6%
12%
6%
0%
7%
3%
6%
10%
21%
27%
19%
17%
20%
21%
21%
34%
27%
20%
19%
19%
22%
22%
73%
66%
75%
79%
74%
74%
73%
55%
66%
80%
74%
78%
73%
68%
27%
34%
25%
21%
26%
26%
27%
45%
34%
20%
26%
22%
27%
32%
Overall
Male: 18-49 (25%)
Male: 50+ (21%)
Female: 18-49 (25%)
Female: 50+ (29%)
Hispanic/Latino (20%)
White (66%)
Chinese (2%)
Vietnamese (3%)
Korean (1%)
Other Ethnicity (15%)
Democrat (37%)
Republican (35%)
NPP/Other (28%)
Yes, heard or seen a lot Yes, heard or seen a little (Don't Know) No, haven't heard or seen Heard About OCPA Recently by Subgroup
Q9. Have you heard or seen anything recently about Orange County Power Authority, or OCPA? Visibility is higher among Chinese and Vietnamese voters, as well as men under age 50.
Total
Heard/Seen
25 6%
12%
5%
6%
5%
6%
4%
6%
11%
21%
38%
19%
22%
19%
23%
20%
43%
34%
1%
1%
73%
50%
75%
72%
76%
71%
75%
51%
55%
27%
50%
25%
28%
24%
28%
24%
49%
45%
Overall
OCPA Customer (8%)
Non-Customer (92%)
Homeowner (64%)
Renter (36%)
Buena Park (3%)
Fountain Valley (2%)
Fullerton (5%)
Irvine (9%)
Yes, heard or seen a lot Yes, heard or seen a little (Don't Know) No, haven't heard or seen OCPA Recent Knowledge by Subgroup
Q9. Have you heard or seen anything recently about Orange County Power Authority, or OCPA? Visibility is higher among customers and among voters in Fullerton and Irvine.
Total
Heard/Seen
26 4%
2%
4%
20%
28%
19%
45%
19%
48%
19%
22%
19%
12%
29%
10%
24%
30%
23%
31%
51%
29%
-7
-21
-5
Overall
Huntington Beach (10%)
Else (90%)
Strongly
Favorable
Somewhat
Favorable
(No Opinion)/
Never Heard
Somewhat
Unfavorable
Strongly
Unfavorable
OCPA Favorable Ratings by City
Q5. I'm going to read you a list of several organizations. Please tell me if you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of each one. If you have never heard of one, please just say so.
Negatives are higher in Huntington Beach compared to the rest of the county; although excluding Huntington Beach has only a minimal impact on the overall OCPA favorability rating.
Total
Fav.
Total
Unfav.
Net
Fav.
27 4%
4%
4%
15%
4%
6%
3%
2%
20%
16%
18%
25%
25%
14%
25%
16%
45%
48%
50%
27%
27%
40%
28%
33%
19%
18%
13%
19%
21%
22%
21%
18%
12%
14%
15%
15%
23%
18%
24%
31%
24%
20%
21%
39%
29%
20%
27%
18%
31%
32%
28%
34%
44%
40%
45%
49%
-7
-12
-7
+6
-15
-20
-17
-31
2024
2023
2024 (3%)
2023 (4%)
2024 (5%)
2023 (5%)
2024 (9%)
2023 (9%)
Strongly
Favorable
Somewhat
Favorable
(No Opinion)/
Never Heard
Somewhat
Unfavorable
Strongly
Unfavorable
OCPA Favorable Ratings by City Over Time
Q5. I'm going to read you a list of several organizations. Please tell me if you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of each one. If you have never heard of one, please just say so.
Net favorability has improved in Irvine and Fullerton, though it remains negative; net favorability fell in Buena Park, although total unfavorable ratings are lower, “no opinion” ratings nearly doubled.
Total
Fav.
Total
Unfav.
Net
Fav.
Overall
Buena Park
Fullerton
Irvine
28 4%
4%
4%
4%
3%
4%
20%
18%
18%
25%
25%
19%
45%
50%
50%
27%
28%
47%
19%
13%
17%
21%
21%
19%
12%
15%
10%
23%
24%
10%
24%
21%
23%
29%
27%
24%
31%
28%
27%
44%
45%
29%
-7
-7
-5
-15
-17
-5
Overall
Buena Park (3%)
Fountain Valley (2%)
Fullerton (5%)
Irvine (9%)
Rest of County (81%)
Strongly
Favorable
Somewhat
Favorable
(No Opinion)/
Never Heard
Somewhat
Unfavorable
Strongly
Unfavorable
OCPA Favorable Ratings by City
Q5. I'm going to read you a list of several organizations. Please tell me if you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of each one. If you have never heard of one, please just say so.
Negative ratings of OCPA are higher in Fullerton and Irvine.
Total
Fav.
Total
Unfav.
Net
Fav.
29 4%
3%
5%
5%
4%
9%
3%
1%
0%
0%
4%
5%
4%
3%
20%
19%
18%
23%
20%
22%
19%
22%
45%
37%
12%
27%
18%
13%
45%
38%
47%
44%
49%
37%
47%
23%
13%
40%
51%
47%
43%
44%
19%
24%
17%
17%
19%
19%
19%
32%
26%
18%
19%
16%
20%
23%
12%
15%
13%
11%
9%
12%
12%
23%
16%
4%
14%
6%
15%
16%
24%
22%
23%
29%
24%
31%
22%
23%
45%
37%
17%
32%
22%
16%
31%
40%
31%
27%
28%
32%
31%
54%
42%
22%
32%
21%
35%
40%
-7
-18
-8
+1
-4
-1
-9
-31
+3
+15
-16
+11
-12
-24
Overall
Male: 18-49 (22%)
Male: 50+ (25%)
Female: 18-49 (21%)
Female: 50+ (25%)
Hispanic/Latino (20%)
White (66%)
Chinese (2%)
Vietnamese (3%)
Korean (1%)
Other Ethnicity (15%)
Democrat (37%)
Republican (35%)
NPP/Other (28%)
Strongly
Favorable
Somewhat
Favorable
(No Opinion)/
Never Heard
Somewhat
Unfavorable
Strongly
Unfavorable
OCPA Favorable Ratings by Subgroups
Q5. I'm going to read you a list of several organizations. Please tell me if you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of each one. If you have never heard of one, please just say so.
OCPA favorability is higher among Vietnamese, Korean, and Democratic voters and women under age 50.
Total
Fav.
Total
Unfav.
Net
Fav.
30 OCPA Brand Attributes
Q16-27. I’d like to ask you some questions about Orange County Power Authority, or OCPA. Even if you are unfamiliar with them, please tell me whether you feel the following statements describe OCPA.
Brand attribute ratings are low overall.
3%
4%
2%
3%
3%
3%
14%
11%
12%
8%
10%
7%
37%
37%
38%
41%
40%
39%
16%
16%
19%
18%
15%
21%
30%
32%
29%
30%
32%
31%
3.08 3.05
3.01 3.00
2.98 2.90
Gives customers the option to choose different
renewable energy plans for different budgets
Is a not for profit agency
Works in partnership with local communities to
help them decarbonize their operations
Provides excellent customer service
Helps Orange County create healthier, more
sustainable communities
Invests in the communities it serves
7 - Very well 5-6 4/(Don't Know) 2-3 1 - Not well Mean
31 Perceptions of OCPA
Q16-27. I’d like to ask you some questions about Orange County Power Authority, or OCPA. Even if you are unfamiliar with them, please tell me whether you feel the following statements describe OCPA.
Specific knowledge of some of OCPA’s key brand attributes remains low. 1%
2%
2%
1%
1%
1%
10%
9%
10%
6%
8%
9%
37%
37%
37%
41%
34%
34%
19%
20%
16%
21%
21%
18%
32%
32%
35%
31%
35%
38%
2.88 2.88
2.87 2.82
2.70 2.66
Provides open and honest communication
Delivers information in a straightforward and easy
to understand way
Makes switching to renewable energy easy
Effectively manages its budget and finances
Has reasonable and competitive rates
Is an organization that I trust
7 - Very well 5-6 4/(Don't Know) 2-3 1 - Not well Mean
32 Perceptions of OCPA Over Time
Q16-27. I’d like to ask you some questions about Orange County Power Authority, or OCPA. Even if you are unfamiliar with them, please tell me whether you feel the following statements describe OCPA.
Brand attribute ratings have declined slightly since 2023. 3%
4%
1%
2%
1%
3%
1%
3%
1%
2%
8%
12%
10%
13%
6%
11%
8%
11%
9%
11%
41%
37%
37%
31%
41%
38%
34%
33%
34%
31%
18%
21%
19%
23%
21%
22%
21%
23%
18%
21%
30%
26%
32%
31%
31%
27%
35%
29%
38%
34%
3.00 3.13
2.88 2.90
2.82 3.01
2.70 2.95
2.66 2.83
2024
2023
2024
2023
2024
2023
2024
2023
2024
2023
7 - Very well 5-6 4/(Don't Know) 2-3 1 - Not well Mean
Provides excellent customer service
Provides open and honest
communication
Effectively manages its budget and
finances
Has reasonable and competitive rates
Is an organization that I can trust
33 24%
66%
21%
69%
23%
59%
29%
61%
27%
57%
45%
50%
50%
1%
27%
28%
2%
31%
33%
28%
31%
27%
40%
44%
39%
45%
41%
-7
+33
-7
+38
-5
+19
-15
+22
-17
+16
Initial
After Info.
Initial
After Info.
Initial
After Info.
Initial
After Info.
Initial
After Info.
Favorable Never Heard/(DK/NO) Unfavorable
OCPA After Information Favorable Rating
Q5/40. Now that you’ve heard more, do you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of Orange County Power Authority, or OCPA? Favorability significantly increased across cities following additional information about OCPA.
Net
Fav.
Overall
Buena Park (3%)
Fountain Valley (2%)
Fullerton (5%)
Irvine (9%)
34 OCPA Net Shift Favorable Rating After Information
Q5/40. Now that you’ve heard more, do you have a strongly favorable, somewhat favorable, somewhat unfavorable or strongly unfavorable opinion of Orange County Power Authority, or OCPA? Chinese voters, Democrats, and men under age 50 had the largest shifts in opinion following messaging. +86
+61
+56
+49
+47
+47
+45
+45
+41
+40
+40
+38
+37
+36
+34
+33
+32
+26
+25
+20
+11
Chinese (2%)
Democrat (37%)
Male: 18-49 (25%)
Heard About OCPA Recently (27%)
NPP/Other (28%)
White (66%)
Female: 50+ (29%)
Buena Park (3%)
Non-Customer (92%)
Rest of County (83%)
Overall
Vietnamese (3%)
Fullerton (5%)
Not Heard About OCPA Recently (73%)
Male: 50+ (21%)
Irvine (9%)
Hispanic/Latino (20%)
OCPA Customer (8%)
Other Ethnicity (15%)
Female: 18-49 (25%)
Republican (35%)
Net Shift = After Information
Net Fav – Initial Net Fav
35 ORANGE COUNTY POWER AUTHORITY
Staff Report – Item 9.2
--------------------------------------------------------------------------------------------------------------------- To: Orange County Power Authority Board of Directors
From: Louis Ting, Director, Power Resources
Kirby Dusel, Vice President, Pacific Energy Advisors
Approved By: Joe Mosca, Chief Executive Officer
Subject: OCPA’S ANNUAL POWER SOURCE DISCLOSURE ATTESTATION FOR REPORTING YEAR 2023
Date: October 15, 2024
---------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
Based on the comprehensive portfolio review completed by OCPA’s consultants and staff, it is recommended that the Board endorse the accuracy of information presented in OCPA’s 2023 Power Source Disclosure reports for Basic Choice, Smart Choice and 100% Renewable Choice service as well as the related Power Content Label reflecting such products.
BACKGROUND
California Public Utilities Code requires all retail sellers of electric energy, including OCPA, to disclose “accurate, reliable, and simple to understand information on the sources of energy, and the associated emissions of greenhouse gasses, that are used to provide electric services.”1 Applicable regulations direct retail sellers to provide such communications to customers following each year of operation. The format for this communication, named the Power Content Label (PCL) by the California Energy Commission (CEC), is highly prescriptive, offering little flexibility to retail sellers when presenting such information to customers. Similar to the presentation of information on a nutritional label, the PCL informs retail electricity customers of the power sources that were procured to serve their electric energy needs. Prior to distributing the PCL to its customers, OCPA will annually submit reports to the CEC detailing specified-source power purchases for each retail service offering that was made available during the previous year. These annual reports and the PCL are required elements of California’s Power Source Disclosure Program (PSD Program); information reflected in each annual report is contributory to the PCL (with the power supply breakout reflected in each annual report inserted in OCPA’s PCL template).
For the reporting year 2023, the annual compliance deadlines were postponed for both the PSD and the PCL filings to the CEC due to technical issues with the Western Renewable Energy Generation Information System (WREGIS) experienced by its users. The deadline for the PSD filing was postponed by the CEC from June 1, 2024, to August 30th, and the PCL filing from October 1, 2024, to January 31, 2025.
Information presented in the PCL includes the proportionate share of total energy supply attributable to various resource types, including both renewable and conventional fuel sources. 1 California Public Utilities Code Section 398.1(b)
During the 2023 calendar year, OCPA successfully delivered a substantial portion of its electric energy supply from various renewable energy sources, including wind, solar, geothermal, and other California-eligible renewable energy resources. In total, 86.2 percent of supply, based on ultimate customer sales, was procured from RPS-eligible renewable energy sources. For the 100% Renewable Choice retail service offerings, which account for over 68 percent of OCPA’s retail sales, only CEC-certified renewable resources were used to serve participating customers. For Basic Choice customers, 39 percent of the supply came from renewable energy sources, consisting of 10.1 percent from eligible renewables and 28.9 percent from retired unbundled renewable energy credits (RECs) (Note that the percentages abovementioned are from the filed Power Source Disclosure with CPUC, and the PCL rounding differentiates from the PCL). For Smart Choice customers, 69 percent of the supply came from renewable energy sources, which included 58 percent from eligible renewables and 11 percent from RECs. The remaining balance for both Basic Choice and Smart Choice was sourced from zero-carbon sources like non-RPS-eligible hydroelectricity and nuclear power. Additionally, Basic Choice reflected 18 percent nuclear power, while Smart Choice reflected 27.5 percent nuclear and 24 percent large hydroelectric.
These energy resources were received from Southern California Edison’s “free” allocation. The following table presents OCPA’s 2023 PCL in the CEC’s required format.
Consistent with applicable regulations, OCPA will complete the requisite customer communications following the Board’s approval of the pertinent information to be included in the 2023 PCL. According to recent guidance from the CEC, OCPA’s 2023 PCL must be posted on its website no later than January 31, 2025, with customer mailers distributed also by the same date.
OCPA will look to distribute mailers in November 2024, well before the required date. Additional information and FAQs are available on the OCPA website under “About Us / Energy Sources”, and shortform video content is in development to tell our power content story. The video content will post to our website, our YouTube channel, and will be promoted on our social channels. 2023 POWER CONTENT LABEL
Orange County Power Authority
https://www.ocpower.org/resources/key-documents/
Greenhouse Gas Emissions Intensity
(lbs CO2e/MWh) Energy Resources
2023 OCPA
Basic
Choice
Power Mix
2023 OCPA
Smart
Choice
Power Mix
2023 OCPA
100%
Renewable
Choice
Power Mix
2023 CA
Power Mix
Eligible Renewable1 10.1% 58.0% 100.0% 36.9%
Biomass & Biowaste 0.0% 17.4% 8.8% 2.1%
684 388 20 373 Geothermal 0.0% 9.2% 17.1% 4.8%
Eligible Hydroelectric 0.0% 0.0% 3.9% 1.8%
Solar 0.6% 4.3% 43.9% 17.0%
Wind 9.5% 27.1% 26.2% 11.2%
Coal 0.0% 0.0% 0.0% 1.8%
Large Hydroelectric 0.0% 24.0% 0.0% 11.7%
Natural Gas 0.0% 0.0% 0.0% 36.6%
Nuclear 27.5% 18.0% 0.0% 9.3%
Other 0.0% 0.0% 0.0% 0.1%
Unspecified Power2 62.4% 0.0% 0.0% 3.7%
TOTAL 100.0% 100.0% 100.0% 100.0%
Percentage of Retail Sales Covered by Retired Unbundled RECs3 : 29% 11% 0%
1 The eligible renewable percentage above does not reflect RPS compliance, which is determined using a different methodology. 2 Unspecified power is electricity that has been purchased through open market transactions and is not traceable to a specific generation source. 3 Renewable energy credits (RECs) are tracking instruments issued for renewable generation. Unbundled renewable energy credits (RECs) represent renewable generation that was not delivered to serve retail sales. Unbundled RECs are not reflected in the power mix or GHG emissions intensities above.
For specific information about this electricity portfolio, contact: Orange County Power Authority 1 (866) 262-7693
For general information about the Power Content Label, visit: https://www.energy.ca.gov/programs-and-topics/programs/power-source-disclosure-program 2023 OCPA 100%
Renewable Choice
Power Mix
2023 OCPA Basic
Choice Power Mix
2023 OCPA Smart
Choice Power Mix
2023 CA Utility
Average
0 200
400
600
800
1000
2023 OCPA Basic Choice
Power Mix
2023 OCPA Smart Choice
Power Mix
2023 OCPA 100% Renewable
Choice Power Mix
2023 CA Utility Average
ANALYSIS
While preparing OCPA’s 2023 annual PSD reports and PCL, staff and consultants performed a detailed review of all power purchases completed during the 2023 calendar year. This review included an inventory of all renewable energy credit transfers within OCPA’s WREGIS account, along with an examination of related contract documents and pertinent transaction records associated with other specified energy purchases. Based on the review completed by OCPA’s consultants and staff, the information presented in the annual reports and PCL has been determined to be accurate.
To fulfill its obligations under the PSD Program, OCPA must also provide the CEC with an attestation of its Governing Board regarding the accuracy of information included in its PSD reports and PCL for the 2023 operating year. With regard to this internally administered attestation process, applicable regulations state2
:
A retail supplier that is a public agency providing electric services is not required to comply with the provisions of subdivision (a)(1) if the board of directors of the public agency submits to the Energy Commission an attestation of the veracity of each annual report and power content label for the previous year.
Evidence of OCPA’s attestation must be provided to the CEC no later than January 31, 2025.
In consideration of OCPA’s internal review and applicable regulations, staff requests that the Board accept this determination of informational accuracy and, based on this staff-level determination and related recommendation, attest to the accuracy of information included in OCPA’s 2023 PSD reports and PCL. Should the Board endorse staff’s recommendation, a copy of: 1) this staff report; 2) meeting minutes for today’s Board Meeting; and 3) a copy of OCPA’s completed 2023 PCL template (in both Excel and PDF formats) will be forwarded to the CEC, thereby completing OCPA’s obligations under the PSD Program for the 2023 calendar year.
FISCAL IMPACT
Other than the typical cost of producing and distributing Power Content Labels to OCPA customers, which has been included in the approved FY24/25 amended operating budget, there are no expected fiscal impacts.
ATTACHMENTS
1) OCPA’s 2023 Power Content Label (Required CEC format) 2) OCPA’s 2023 Power Source Disclosure Report for 100% Renewable Choice 3) OCPA’s 2023 Power Source Disclosure Report for Smart Choice 4) OCPA’s 2023 Power Source Disclosure Report for Basic Choice 2 Note that Section 1394.2.(a)(1), as referenced in the excerpt from applicable PSD regulations, refers to the completion of annual independent audits.
2023 POWER CONTENT LABEL
Orange County Power Authority
https://www.ocpower.org/resources/key-documents/
Greenhouse Gas Emissions Intensity
(lbs CO2e/MWh) Energy Resources
2023 OCPA
Basic
Choice
Power Mix
2023 OCPA
Smart
Choice
Power Mix
2023 OCPA
100%
Renewable
Choice
Power Mix
2023 CA
Power Mix
Eligible Renewable1 10.1% 58.0% 100.0% 36.9%
Biomass & Biowaste 0.0% 17.4% 8.8% 2.1%
684 388 20 373 Geothermal 0.0% 9.2% 17.1% 4.8%
Eligible Hydroelectric 0.0% 0.0% 3.9% 1.8% Solar 0.6% 4.3% 43.9% 17.0% Wind 9.5% 27.1% 26.2% 11.2% Coal 0.0% 0.0% 0.0% 1.8% Large Hydroelectric 0.0% 24.0% 0.0% 11.7% Natural Gas 0.0% 0.0% 0.0% 36.6% Nuclear 27.5% 18.0% 0.0% 9.3% Other 0.0% 0.0% 0.0% 0.1% Unspecified Power2 62.4% 0.0% 0.0% 3.7% TOTAL 100.0% 100.0% 100.0% 100.0%
Percentage of Retail Sales Covered by Retired Unbundled RECs3: 29% 11% 0% 1The eligible renewable percentage above does not reflect RPS compliance, which is determined using a different methodology. 2Unspecified power is electricity that has been purchased through open market transactions and is not traceable to a specific generation source. 3Renewable energy credits (RECs) are tracking instruments issued for renewable generation. Unbundled renewable energy credits (RECs) represent renewable generation that was not delivered to serve retail sales. Unbundled RECs are not reflected in the power mix or GHG emissions intensities above.
For specific information about this electricity portfolio, contact: Orange County Power Authority 1 (866) 262-7693 For general information about the Power Content Label, visit: https://www.energy.ca.gov/programs-and-topics/programs/power-source- disclosure-program 2023 OCPA 100%
Renewable Choice
Power Mix
2023 OCPA Basic
Choice Power Mix
2023 OCPA Smart
Choice Power Mix
2023 CA Utility
Average
0 200400600800
1000
2023 OCPA Basic Choice PowerMix2023 OCPA Smart Choice PowerMix2023 OCPA 100% RenewableChoice Power Mix2023 CA Utility Average Version: April 2024
If you have questions, contact Power Source Disclosure (PSD) staff at [email protected] or (916) 639-0573.
NOTE: Information submitted in this report is not automatically held confidential. If your company wishes the information submitted to be considered confidential an authorized representative must submit an application for confidential designation (CEC-13), which can be found on the California Energy Commissions's website at https://www.energy.ca.gov/about/divisions-and-offices/chief-counsels-office.
WEBSITE URL FOR
PCL POSTING
https://www.ocpower.org/resources/key-documents/
Submit the Annual Report and signed Attestation in PDF format with the Excel version of the Annual Report to [email protected]. Remember to complete the Retail Supplier Name, Electricity Portfolio Name, and contact information above, and submit separate reports and attestations for each additional portfolio if multiple were offered in the previous year.
CITY, STATE, ZIP Folsom, CA 95630
PHONE 916-936-3300
EMAIL [email protected]
NAME Kirby Dusel
TITLE Consultant
MAILING ADDRESS 1839 Iron Point Road, Suite 120
CONTACT INFORMATION
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
For the Year Ending December 31, 2023
RETAIL SUPPLIER NAME
Orange County Power Authority
ELECTRICITY PORTFOLIO NAME
100% Renewable Choice
Retail suppliers are required to use the posted template and are not allowed to make edits to this format. Please complete all requested information.
GENERAL INSTRUCTIONS
Version: April 2024
1,819,204
1,819,204
-
0 -
-
1,819,204
16,771
0.0092
DIRECTLY DELIVERED RENEWABLES
Facility Name Fuel Type
State or
Province WREGIS ID RPS ID N/A EIA ID
Gross MWh
Procured
MWh
Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions (in
MT CO2e) N/A
Alta Wind I - Alta Wind I Wind CA W1727 60794A 57282 15154 15,154 - 15,154 - Alta Wind II - Alta Wind II Wind CA W1841 60795A 57291 12580 12,580 - 12,580 - Alta Wind III - Alta Wind III Wind CA W1842 61092A 57292 12704 12,704 - 12,704 - Alta Wind IV - Alta Wind IV Wind CA W2013 61093A 57293 6147 6,147 - 6,147 - Alta Wind IX - Alta 9 Wind CA W2904 61808A P346 8011 8,011 - 8,011 - Alta Wind V - Alta Wind V Wind CA W2068 61094A 57294 9993 9,993 - 9,993 - Alta Wind VII - Alta 7 Wind CA W2905 61807A P345 11017 11,017 - 11,017 - Alta Wind VIII - Alta Wind VIII Wind CA W2483 61288A 57292 7929 7,929 - 7,929 - Bishop Creek 2 - Bishop Creek - Unit 3 Eligible hydro CA W545 60444A 323 474 474 - 474 - Bishop Creek 2 - Bishop Creek 2 Eligible hydro CA W320 60444A 323 510 510 - 510 - Bishop Creek 2 - Bishop Creek 2 - Unit 2 Eligible hydro CA W544 60444A 323 510 510 - 510 - Bishop Creek 3 - Bishop Creek 3 Eligible hydro CA W321 60446A 324 1103 1,103 - 1,103 - Bishop Creek 4 - Bishop Creek 4 Eligible hydro CA W322 60447A 325 256 256 - 256 - Bishop Creek 4 - Bishop Creek 4 - Unit 2 Eligible hydro CA W548 60447A 325 256 256 - 256 - Bishop Creek 4 - Bishop Creek 4 - Unit 3 Eligible hydro CA W549 60447A 325 509 509 - 509 - Bishop Creek 4 - Bishop Creek 4 - Unit 4 Eligible hydro CA W550 60447A 325 559 559 - 559 - Bishop Creek 4 - Bishop Creek 4 - Unit 5 Eligible hydro CA W551 60447A 325 509 509 - 509 - Bishop Creek 5 - Bishop Creek 5 Eligible hydro CA W323 60448A 326 254 254 - 254 - Bishop Creek 5 - Bishop Creek 5 - Unit 2 Eligible hydro CA W552 60448A 326 321 321 - 321 - Bishop Creek 6 - Bishop Creek 6 Eligible hydro CA W324 60449A 327 404 404 - 404 - Centinela Solar Energy - CSE - Block 1F Solar CA W3961 60837A 58430 117 117 - 117 - Centinela Solar Energy - CSE - Block 1G Solar CA W3964 60837A 58430 163 163 - 163 - Centinela Solar Energy - CSE - Block 1H Solar CA W4011 60837A 58430 64 64 - 64 - Centinela Solar Energy - CSE - Blocks 1D & 1E Solar CA W3880 60837A 58430 155 155 - 155 - Desert Stateline LLC - Stateline Solar, Block 1 Solar CA W4849 60936A P308 3328 3,328 - 3,328 - Desert Stateline LLC - Stateline Solar, Block 2 Solar CA W4881 60936A 58646 3328 3,328 - 3,328 - Desert Stateline LLC - Stateline Solar, Block 3 Solar CA W4882 60936A 58646 2996 2,996 - 2,996 - Desert Stateline LLC - Stateline Solar, Block 4 Solar CA W4914 60936A 58646 3328 3,328 - 3,328 - Desert Stateline LLC - Stateline Solar, Block 5 Solar CA W4946 60936A 58646 3328 3,328 - 3,328 - Desert Stateline LLC - Stateline Solar, Block 6 Solar CA W4965 60936A 58646 3329 3,329 - 3,329 - Desert Stateline LLC - Stateline Solar, Block 7 Solar CA W5021 60936A 58646 2188 2,188 - 2,188 - Desert Stateline LLC - Stateline Solar, Block 7 R Solar CA W5067 60936A 58646 1141 1,141 - 1,141 - Desert Stateline LLC - Stateline Solar, Block 8 Solar CA W5068 60936A 58646 2995 2,995 - 2,995 - Desert Sunlight 250 - Desert Sunlight 250, Block 12 Solar CA W3965 60940A 58542 3570 3,570 - 3,570 - Desert Sunlight 250 - Desert Sunlight 250, Block 13 Solar CA W3966 60940A 58542 3570 3,570 - 3,570 - Desert Sunlight 250 - Desert Sunlight 250, Block 14 Solar CA W4097 60940A 58542 2418 2,418 - 2,418 - Desert Sunlight 250 - Desert Sunlight 250, Block 15 Solar CA W4098 60940A 58542 1266 1,266 - 1,266 - Desert Sunlight 250 - Desert Sunlight 250, Block 18 Solar CA W4189 60940A 58542 2649 2,649 - 2,649 - Desert Sunlight 250 - Desert Sunlight 250, Block 19 Solar CA W4453 60940A 58542 2303 2,303 - 2,303 - Desert Sunlight 250 - Desert Sunlight 250, Blocks 16, 17, 20 Solar CA W3884 60940A 58542 7025 7,025 - 7,025 - Dillon - Dillon Wind LLC Wind CA W728 60542A 56791 6258 6,258 - 6,258 - Fontana - Fontana Eligible hydro CA W326 60451A 332 259 259 - 259 - Goshen Phase II LLC - Goshen Phase II LLC Wind ID W1740 60691A 54299 13311 13,311 - 13,311 - Kern River 1 - Kern River 1 Eligible hydro CA W330 60455A 340 7010 7,010 - 7,010 - Kumeyaay Wind Farm - Kumeyaay Wind Farm Wind CA W138 60432A 56295 174 174 - 174 - Lundy - Lundy Eligible hydro CA W331 60456A 342 238 238 - 238 - Lundy - Lundy - Unit 2 Eligible hydro CA W560 60456A 342 238 238 - 238 - Lytle Creek - Lytle Creek Eligible hydro CA W391 60457A P348 47 47 - 47 - Mill Creek 3 - Mill Creek 3 - Unit 3 Eligible hydro CA W332 60459A 7147 147 147 - 147 - Mill Creek 3 - Mill Creek 3 - Unit 4 Eligible hydro CA W555 60459A 7147 147 147 - 147 - Mill Creek 3 - Mill Creek 3 - Unit 5 Eligible hydro CA W556 60459A 7147 147 147 - 147 - Mountain View Power Partners lV - Mountain View lV Wind CA W2519 60487A 57459 7680 7,680 - 7,680 - Mustang Hills, LLC - Mustang Hills, LLC Wind CA W2482 61287A 57833 10564 10,564 - 10,564 - Ontario 1 - Ontario 1 Eligible hydro CA W393 60460A P350 117 117 - 117 - Ontario 2 - Ontario 2 Eligible hydro CA W394 60461A P351 52 52 - 52 - Ormat Dixie Valley, LLC - Ormat Dixie Valley, LLC Geothermal NV W334 60313A 52015 18066 18,066 0.0635 18,066 1,147 Ormat Dixie Valley, LLC - Ormat Dixie Valley, LLC - Binary Unit Geothermal NV W7146 60313A 52015 1731 1,731 0.0635 1,731 110 Pacific Wind, LLC - Pacific Wind, LLC Wind CA W2779 61555A 57757 360 360 - 360 - Poole - Poole Eligible hydro CA W338 60462A 353 1499 1,499 - 1,499 - Retail Sales (MWh)
Net Specified Procurement (MWh)
Unspecified Power (MWh)
Procurement to be adjusted
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
SCHEDULE 1: PROCUREMENTS AND RETAIL SALES
For the Year Ending December 31, 2023
Orange County Power Authority
100% Renewable Choice
GHG Emissions Intensity (in MT CO2e/MWh)
Net Specified Natural Gas
Net Specified Coal & Other Fossil Fuels
Net Specified Nuclear, Large Hydro, Renewables, and ACS Power GHG Emissions (excludes grandfathered emissions) Instructions: Enter information about power procurements underlying this electricity portfolio for which your company is filing the Annual Report.
Insert additional rows as needed. All fields in white should be filled out. Fields in grey auto-populate as needed and should not be filled out. For EIA IDs for unspecified power or specified system mixes from asset-controlling suppliers, enter "Unspecified Power", "BPA", or "Tacoma Power" as applicable. For specified procurements of ACS power, use the ACS Procurement Calculator to calculate the resource breakdown comprising the ACS system mix. Procurements of unspecified power must not be entered as line items below; unspecified power will be calculated automatically in cell N9. Unbundled RECs must not be entered on Schedule 1; these products must be entered on Schedule 2. At the bottom portion of the schedule, provide the other electricity end-uses that are not retail sales including, but not limited to transmission and distribution losses or municipal street lighting. Amounts should be in megawatt-hours.
Version: April 2024
Portal - Portal Eligible hydro CA W339 60463A 354 899 899 - 899 - RE Rio Grande, LLC - RE Rio Grande, LLC Solar CA W3896 60823A 58500 401 401 - 401 - RE Rosamond Two LLC - RE Rosamond Two LLC Solar CA W3899 60856A 58499 1596 1,596 - 1,596 - RE Victor Phelan Solar One LLC - RE Victor Phelan Solar One LLC Solar CA W3897 60838A 58202 1660 1,660 - 1,660 - Rush Creek - Rush Creek Eligible hydro CA W340 60464A 357 762 762 - 762 - Rush Creek - Rush Creek - Unit 2 Eligible hydro CA W557 60464A 357 933 933 - 933 - Santa Ana 1 - Santa Ana 1 Eligible hydro CA W341 60465A 361 1 1 - 1 - Santa Ana 3 - Santa Ana 3 Eligible hydro CA W342 60466A 363 21 21 - 21 - Sierra - Sierra Eligible hydro CA W390 60467A 365 109 109 - 109 - Solar Blythe LLC - Solar Blythe LLC Solar CA W1386 60655A 57073 1761 1,761 0.0596 1,761 105 Solar Partners I, LLC - Ivanpah 2 Solar CA W4025 62274A 57073 1398 1,398 0.0596 1,398 83 Solar Partners I, LLC - Ivanpah 2 Solar CA W4025 62274A 57073 6317 6,317 0.0596 6,317 376 Sycamore Energy 1 LLC - Sycamore Energy 1 LLC Biomass & biowasteCA W730 60011A 10387 0 - 0.0070 - - TA-High Desert - Antelope Power Plant Solar CA W3496 60937A 58149 1941 1,941 - 1,941 - Windstar - Windstar1 Wind CA W2742 60810A 57774 3780 3,780 - 3,780 - Windstar - Windstar2 Wind CA W2743 60810A 57774 4306 4,306 - 4,306 - 67RK 8ME, LLC - Redcrest Solar Farm Solar CA W4780 62642A 58831 1238 1,238 - 1,238 - Adelanto Solar II, LLC - Adelanto Solar II, LLC Solar CA W4683 62640A 59440 754 754 - 754 - Adelanto Solar, LLC - Adelanto Solar, LLC Solar CA W4758 62639A 59441 2420 2,420 - 2,420 - Adera Solar, LLC - Adera Solar, LLC Solar CA W4836 61388A 60027 1209 1,209 - 1,209 - Adobe Solar, LLC - Adobe Solar, LLC Solar CA W4119 61427A 57651 1658 1,658 - 1,658 - Algonquin SKIC 10 Solar, LLC - Algonquin SKIC 10 Solar, LLC Solar CA W5392 62879A 59412 790 790 - 790 - Alhambra Solar Facility - Alhambra Solar facility Solar CA W4479 61646A P379 245 245 - 245 - Alta Wind X, LLC - Alta Wind X, LLC Wind CA W3537 62244A 58394 14696 14,696 - 14,696 - Alta Wind XI, LLC - Alta Wind XI, LLC Wind CA W3538 62245A 58395 10815 10,815 - 10,815 - Ameresco Keller Canyon - Ameresco Keller Canyon Biomass & biowasteCA W2071 61298A 56897 8259 8,259 0.0028 8,259 23 Ameresco Ox Mountain - Ameresco Ox Mountain Biomass & biowasteCA W2033 60022A 56895 22647 22,647 0.0028 22,647 63 Ameresco San Joaquin - Ameresco San Joaquin Biomass & biowasteCA W3883 62433A 58436 17731 17,731 0.0027 17,731 48 Ameresco Santa Cruz Energy - Santa Cruz Biomass & biowasteCA W2014 61297A 56428 4707 4,707 0.0033 4,707 16 American Kings Solar Project - American Kings Solar Project Solar CA W11005 61600A 60777 12253 12,253 - 12,253 - American Solar Greenworks, LLC - Summer Solar North Solar CA W4524 61506A 59600 488 488 - 488 - Aquamarine Westside, LLC - Aquamarine Westside, LLC Solar CA W12082 64553A 62547 47900 47,900 - 47,900 - Aquamarine Westside, LLC (Phase 2) - Aquamarine Westside, LLC Solar CA W12582 64553A 62547 10874 10,874 - 10,874 - Arkansas Solar Facility - Arkansas Solar Facility Solar CA W4480 61844A P380 165 165 - 165 - Arlington Valley Solar Energy II - Arlington Valley Solar Energy II - Phase 1 Solar AZ W3339 60865A 57680 61 61 - 61 - Arlington Valley Solar Energy II - Arlington Valley Solar Energy II - Phase 2 Solar AZ W3543 60865A 57680 133 133 - 133 - Arlington Valley Solar Energy II - Arlington Valley Solar Energy II - Phase 3 Solar AZ W3544 60865A 57680 53 53 - 53 - Arlington Valley Solar Energy II - Arlington Valley Solar Energy II - Phase 4 Solar AZ W3545 60865A 57680 36 36 - 36 - Arlington Valley Solar Energy II - Arlington Valley Solar Energy II - Phase 5 Solar AZ W3742 60865A 57680 206 206 - 206 - Biglow Canyon Wind Farm - Biglow Canyon 3 Wind OR W1588 63056A 56485 8792 8,792 - 8,792 - Biglow Canyon Wind Farm - Biglow Phase 2 Wind OR W1268 63055A 56485 23706 23,706 - 23,706 - Blythe Solar II, LLC - Blythe Solar II, LLC - Block 4 Solar CA W5072 63129A 60092 3868 3,868 - 3,868 - Blythe Solar II, LLC - Blythe Solar II, LLC - Block 5 Solar CA W5073 63129A 60092 3951 3,951 - 3,951 - Blythe Solar II, LLC - Blythe Solar II, LLC - Block 6 Solar CA W5222 63129A 60092 3741 3,741 - 3,741 - Blythe Solar II, LLC - Blythe Solar II, LLC - Block 7 Solar CA W5248 63129A 60092 3026 3,026 - 3,026 - Blythe Solar III, LLC - Blythe Solar III, LLC Solar CA W10157 63130A 60094 14129 14,129 - 14,129 - Borden Solar Farm - Borden Solar Farm Solar CA W10139 61829A 59531 5345 5,345 - 5,345 - Broadview Energy KW, LLC - BEKW Wind NM W5278 62643A 60152 24459 24,459 - 24,459 - Broadview Energy, JN LLC - BEJN Wind NM W5277 63162A 60145 30851 30,851 - 30,851 - Building C1 - Golden Springs Development Company, LLC Solar CA W2607 61623A 57797 74 74 - 74 - Cabazon Wind Partners - Cabazon Wind Partners Wind CA W834 60736A 56011 3135 3,135 - 3,135 - California PV Energy at Jurupa - California PV Energy at Jurupa Solar CA W3924 62287A 58500 111 111 - 111 - Calipatria Solar Farm I - Calipatria Solar Farm I Solar CA W4778 63015A 59088 48 48 - 48 - Camanche - Camanche 1,2,&3 Eligible hydro CA W243 60535A 537 250 250 - 250 - Cameron Ridge LLC (IV) - Cameron Ridge LLC (IV) Wind CA W457 60406A 50820 978 978 - 978 - Cameron Ridge, LLC (III) - Cameron Ridge LLC (III) Wind CA W407 60392A 10586 5115 5,115 - 5,115 - Campo Verde Solar Project - Campo Verde Solar Solar CA W3591 60652A 58467 452 452 - 452 - Catalina Solar 2, LLC - Catalina Solar 2, LLC Solar CA W4263 62428A 59334 1987 1,987 - 1,987 - Catalina Solar Phase 1 - Catalina Solar Phase 1 Solar CA W2785 61590A 57708 172 172 - 172 - Catalina Solar Phase 2 - Catalina Solar Phase 2 Solar CA W3885 61590A 59334 194 194 - 194 - CED Atwell Island West - CED Atwell Island West Solar CA W4691 62468A 59414 2055 2,055 - 2,055 - CED Corcoran Solar 2, LLC - CED Corcoran Solar 2, LLC Solar CA W4681 61820A 59413 2090 2,090 - 2,090 - CED Ducor Solar 1, LLC - CED Ducor Solar 1, LLC Solar CA W5350 62882A 60079 1346 1,346 - 1,346 - CED Ducor Solar 2, LLC - CED Ducor Solar 2, LLC Solar CA W5351 62881A 60081 1346 1,346 - 1,346 - CED Ducor Solar 3, LLC - CED Ducor Solar 3, LLC Solar CA W5353 62884A 60151 1578 1,578 - 1,578 - CED Ducor Solar 4, LLC - CED Ducor Solar 4, LLC Solar CA W5352 62883A 60080 2106 2,106 - 2,106 - CED Wistaria Solar, LLC - Wistaria Ranch Solar Solar CA W7130 62623A 61750 12753 12,753 - 12,753 - Centinela Solar Energy - CSE - Block 2B Solar CA W4132 60837A 58430 13 13 - 13 - Centinela Solar Energy - CSE - Block 2C Solar CA W4133 60837A 58430 64 64 - 64 - Centinela Solar Energy - CSE - Block 2D Solar CA W4134 60837A 58430 100 100 - 100 - Central Antelope Dry Ranch C, LLC - Central Antelope Dry Ranch C, LLC Solar CA W5006 61324A 59963 1226 1,226 - 1,226 - Chino South Building E - San Antonio West Solar Rooftop Solar CA W2979 61940A 58073 62 62 - 62 - Citizen Solar B, LLC - Citizen Solar B Solar CA W4840 61488A 62052 295 295 - 295 - Clearwater Paper Corporation - #4 turbine generator Biomass & biowasteID W129 60533A 50637 69655 69,655 0.0379 69,655 2,640 Copper Mountain Solar 4 - Copper Mountain Solar 4, LLC Solar NV W5023 62662A 59814 9528 9,528 - 9,528 - Coram Energy LLC (4.5MW) - Coram Energy LLC (4.5MW) Wind CA W4886 63222A 54299 472 472 - 472 - Coram Energy LLC (ECT) - Coram Energy LLC (ECT) Wind CA W317 60029A 54298 23 23 - 23 - Coram Energy, LLC - Coram Energy, LLC Wind CA W318 60028A 50690 383 383 - 383 - Coram Tehachapi, L.P. - Coram Tehachapi, L.P. Wind CA W4897 63223A 54750 83 83 - 83 - Version: April 2024
Coronal Lost Hills, LLC - Coronal Lost Hills, LLC Solar CA W4631 62235A 59638 1408 1,408 - 1,408 - CSolar IV South - ISEC South 11-12 Solar CA W3553 61657A 57490 217 217 - 217 - CSolar IV South - ISEC South 1-3 Solar CA W3278 61657A 57490 116 116 - 116 - CSolar IV South - ISEC South 7-10 Solar CA W3531 61657A 57490 41 41 - 41 - CSolar IV West - ISEC West 1 Solar CA W4446 62278A 57491 98 98 - 98 - CSolar IV West - ISEC West 2 Solar CA W4664 62278A 57491 289 289 - 289 - CSolar IV West - ISEC West 3 Solar CA W4828 62278A 57491 66 66 - 66 - CSolar IV West - ISEC West 4 Solar CA W4844 62278A 57491 91 91 - 91 - Desert Green Solar Farm - Desert Green Solar Farm Solar CA W4365 62046A 57959 10 10 - 10 - Desert Winds I - Desert Winds I Wind CA W521 60397A P4 222 222 - 222 - Desert Winds II Pwr Purch Trst - Desert Winds II Pwr Purch Trst Wind CA W522 60422A P330 4944 4,944 - 4,944 - Desert Winds III - Desert Winds III Wind CA W523 60423A P6 2680 2,680 - 2,680 - DG Solar Lessee II, LLC - E Philadelphia - DG Solar Lessee II, LLC - E Philadelphia Solar CA W4926 62721A 60485 48 48 - 48 - Edwards Solar 1B - Sub Project E5 - Edwards Sanborn E5 Solar CA W13936 65034A 65676 6355 6,355 - 6,355 - El Cabo Wind - El Cabo Wind Wind NM W5788 62786A 58098 51130 51,130 - 51,130 - ESJ Wind - Energia Sierra Juarez Wind Energy Wind BCN W4337 60519A P205 98 98 - 98 - ESJ Wind - Energia Sierra Juarez Wind Energy - Block #2-4 Wind BCN W4620 60519A P205 138 138 - 138 - ESJ Wind - Energia Sierra Juarez Wind Energy - Block #5 Wind BCN W4627 60519A P205 85 85 - 85 - ESJ Wind - Energia Sierra Juarez Wind Energy - Block #6 Wind BCN W4673 60519A P205 281 281 - 281 - ESJ Wind 2 - Energia Sierra Juarez Wind 2 Wind BCN W12025 64016A P198 202 202 - 202 - ESJ Wind 2 - Energia Sierra Juarez Wind 2 - 105 Wind BCN W12026 64016A P198 248 248 - 248 - Freeway Springs, LLC - Freeway Springs, LLC Solar CA W5385 63031A 60183 74 74 - 74 - FTS Master Tenant 1, LLC - A - FTS Master Tenant 1, LLC - A Solar CA W4180 61318A 58761 174 174 - 174 - FTS Master Tenant 1, LLC - B - FTS Master Tenant 1, LLC - B Solar CA W4181 61319A 58762 185 185 - 185 - Garnet Solar Power Generation Station 1, LLC - Garnet Solar Power Generation Station 1, LLC Solar CA W4506 61182A 58528 272 272 - 272 - Geysers Power Plant - Aidlin Power Plant Geothermal CA W484 60115A 52158 3735 3,735 0.0351 3,735 131 Geysers Power Plant - Calistoga Power Plant Geothermal CA W486 60117A 50066 15629 15,629 0.0351 15,629 549 Geysers Power Plant - Calpine Geothermal Unit 11 Geothermal CA W119 60025A 286 23614 23,614 0.0351 23,614 829 Geysers Power Plant - Calpine Geothermal Unit 12 Geothermal CA W120 60004A 286 12368 12,368 0.0351 12,368 434 Geysers Power Plant - Calpine Geothermal Unit 13 Geothermal CA W121 60005A 286 6606 6,606 0.0351 6,606 232 Geysers Power Plant - Calpine Geothermal Unit 14 Geothermal CA W122 60026A 286 6003 6,003 0.0351 6,003 211 Geysers Power Plant - Calpine Geothermal Unit 16 Geothermal CA W123 60006A 286 46217 46,217 0.0351 46,217 1,622 Geysers Power Plant - Calpine Geothermal Unit 17 Geothermal CA W124 60007A 286 24095 24,095 0.0351 24,095 846 Geysers Power Plant - Calpine Geothermal Unit 18 Geothermal CA W125 60008A 286 32497 32,497 0.0351 32,497 1,141 Geysers Power Plant - Calpine Geothermal Unit 20 Geothermal CA W126 60009A 286 21470 21,470 0.0351 21,470 754 Geysers Power Plant - Calpine Geothermal Unit 5/6 Geothermal CA W117 60002A 286 29633 29,633 0.0351 29,633 1,040 Geysers Power Plant - Calpine Geothermal Unit 7-8 Geothermal CA W118 60003A 286 30608 30,608 0.0351 30,608 1,074 Geysers Power Plant - Sonoma/Calpine Geyser Geothermal CA W127 60010A 510 16678 16,678 0.0351 16,678 585 Golden Solar, LLC - Dulles - Golden Solar, LLC - Dulles Solar CA W5227 63030A 60182 101 101 - 101 - Golden Springs Building D - Golden Springs Development Company, LLC Solar CA W2830 61624A 57860 81 81 - 81 - Golden Springs Building F, LLC - Golden Springs Building F, LLC Solar CA W5479 63032A 60153 101 101 - 101 - Golden Springs Development Company LLC - Building H - Santa Fe Springs Rooftop Solar Solar CA W4609 62745A 58912 96 96 - 96 - Golden Springs Development Company LLC - Building M - Santa Fe Springs Rooftop Solar Solar CA W4610 62746A 59440 102 102 - 102 - Golden Springs Development Company, LLC - Building G Solar CA W5480 63033A 60154 93 93 - 93 - Golden Springs Development Company, LLC - Building L Solar CA W5481 63034A 60183 40 40 - 40 - Great Valley Solar 3, LLC - RE Tranquillity 8 Azul Solar CA W5866 63281A 59939 2142 2,142 - 2,142 - Harvest Wind - Harvest Wind Wind WA W1306 60857A 57152 4556 4,556 - 4,556 - Highlander Solar 1, LLC - Highlander Solar 1, LLC Solar CA W3663 61157A 58234 1440 1,440 - 1,440 - Highlander Solar 2, LLC - Highlander Solar 2, LLC Solar CA W3664 61158A 58227 1074 1,074 - 1,074 - Imperial Valley Solar 3, LLC - Mount Signal Solar Farm V Solar CA W7036 61649A 61202 28425 28,425 - 28,425 - Imperial Valley Solar, LLC - Imperial Valley Solar 1, LLC - IVS1 Stage 1 Solar CA W3592 61292A 58062 210 210 - 210 - Imperial Valley Solar, LLC - Imperial Valley Solar 1, LLC - IVS1 Stage 2 Solar CA W3931 61292A 58062 265 265 - 265 - Industry Metrolink PV 1 - Industry Metrolink PV 1 Solar CA W2840 61819A 57904 36 36 - 36 - Jacumba Solar, LLC - Jacumba Solar Farm Solar CA W5601 63057A 60947 1919 1,919 - 1,919 - Karen Avenue Windfarm - Energy Development & Const. Corp. Wind CA W314 60396A 10718 29220 29,220 - 29,220 - Kennedy 2 - Kennedy 2 Solar CA W2767 61239A 57535 12 12 - 12 - Kennedy 3 - Kennedy 3 Solar CA W2768 61240A 57220 13 13 - 13 - Kittitas Valley Wind Farm - Sagebrush Power Partners, LLC Wind WA W1876 60939A 56858 4605 4,605 - 4,605 - Klondike III - Klondike Wind Power III LLC Wind OR W237 60602A 56468 2797 2,797 - 2,797 - Lancaster Dry Farm Ranch B, LLC - Lancaster Dry Farm Ranch B, LLC Solar CA W4418 61315A 58750 414 414 - 414 - Lancaster Little Rock C LLC - Lancaster Little Rock C LLC Solar CA W4492 61311A 59262 363 363 - 363 - Leathers L. P. - Leathers L. P. Geothermal CA W456 60318A 10631 22774 22,774 0.0846 22,774 1,927 Lockhart Solar PV Solar CA W15353 65108A 10444 10726 10,726 - 10,726 - Lockhart Solar PV II Solar CA W15355 65109A 66699 9281 9,281 - 9,281 - Lone Valley Solar Park I, LLC - Lone Valley Solar Park I, LLC Solar CA W4427 61458A 58417 1038 1,038 - 1,038 - Lone Valley Solar Park II, LLC - Lone Valley Solar Park II, LLC Solar CA W4428 61452A 59237 2201 2,201 - 2,201 - Longboat Solar, LLC - Longboat Solar, LLC Solar CA W5306 62805A 60485 1115 1,115 - 1,115 - Manzana - Manzana Wind LLC Wind CA W3105 61671A 57484 16046 16,046 - 16,046 - Maricopa West Solar PV - Maricopa West Solar PV Solar CA W4712 61665A 59607 56 56 - 56 - Master Development - Corona, CA (1351 Railroad) - Master Development - Corona, CA (1351 Railroad) Solar CA W3497 61735A 59182 71 71 - 71 - Maverick Solar, LLC - Maverick Solar, LLC Solar CA W10973 63321A 62178 14467 14,467 - 14,467 - McCoy Solar, LLC - Genesis McCoy Solar Energy Center, Block 1 Solar CA W4935 62091A 58462 4449 4,449 - 4,449 - McCoy Solar, LLC - Genesis McCoy Solar Energy Center, Block 2 Solar CA W4936 62091A 58462 2224 2,224 - 2,224 - McCoy Solar, LLC - Genesis McCoy Solar Energy Center, Block 3 Solar CA W5016 62091A 58642 2046 2,046 - 2,046 - McCoy Solar, LLC - Genesis McCoy Solar Energy Center, Block 4 Solar CA W4763 62091A 58462 3337 3,337 - 3,337 - McCoy Solar, LLC - Genesis McCoy Solar Energy Center, Block 5 Solar CA W4826 62091A 58462 3337 3,337 - 3,337 - McCoy Solar, LLC - Genesis McCoy Solar Energy Center, Block 6 Solar CA W4827 62091A 58462 2865 2,865 - 2,865 - McCoy Solar, LLC - Genesis McCoy Solar Energy Center, Block 7 Solar CA W4879 62091A 58462 4449 4,449 - 4,449 - McCoy Solar, LLC - Genesis McCoy Solar Energy Center, Block 8 Solar CA W4630 62091A 58462 3877 3,877 - 3,877 - Version: April 2024
Mesquite Solar 2, LLC - Mesquite Solar 2, LLC Solar AZ W5299 62664A 60307 12045 12,045 - 12,045 - Mesquite Solar 3, LLC - Mesquite Solar 3 (1) Solar AZ W4959 62897A 60308 105104 105,104 - 105,104 - Midway Solar Farm III - Midway Solar Farm III Solar CA W5920 61296A 60315 63 63 - 63 - MM San Diego - Miramar - MM San Diego Energy, LLC - Miramar Biomass & biowasteCA W424 60481A 55094 5 5 0.0033 5 0 Monroe Street HED - Monroe Street HED Eligible hydro WA W218 60496A 9095 8242 8,242 - 8,242 - Mound Solar Partnership XI, LLC - Antelope Valley Solar AVS Lancaster I Solar CA W5744 63713A P304 227 227 - 227 - Mount Signal Solar Farm II - Mount Signal Solar Farm II Solar CA W7762 61648A 61353 16106 16,106 - 16,106 - Narrows No. 1 Powerhouse - Narrows No. 1 Powerhouse Eligible hydro CA W363 60052A 262 15599 15,599 - 15,599 - Nicolis, LLC - Nicolis Solar PV Plant Solar CA W5131 61667A 59600 1864 1,864 - 1,864 - Nine Mile HED - Nine Mile HED Eligible hydro WA W216 60497A 3869 7654 7,654 - 7,654 - Nine Mile HED 2 - Nine Mile HED 2 Eligible hydro WA W283 60497A 3869 1856 1,856 - 1,856 - North Lancaster Ranch, LLC - North Lancaster Ranch, LLC Solar CA W5386 61538A 59962 1228 1,228 - 1,228 - North Palm Springs 1A - North Palm Springs 1A Solar CA W2783 61196A 57722 201 201 - 201 - North Palm Springs 4A - North Palm Springs 4A Solar CA W3230 61197A 58388 344 344 - 344 - North Rosamond Solar, LLC - North Rosamond Solar, LLC Solar CA W7426 62290A 59879 14184 14,184 - 14,184 - NRG Solar Borrego I - NRG Solar Borrego I Solar CA W2874 61211A 57455 92 92 - 92 - NRG Solar Oasis LLC - Oasis Solar Solar CA W4700 62514A 59528 2293 2,293 - 2,293 - Oak Creek Wind Power, LLC - Oak Creek Wind Power, LLC Wind CA W509 60429A 50754 1573 1,573 - 1,573 - Ocotillo - Ocotillo Express LLC Wind CA W3259 61400A 57514 224 224 - 224 - Ocotillo 2 - Ocotillo Express LLC Wind CA W3692 61400A 57514 558 558 - 558 - Olcese Water District - Rio Bravo Hydro - Kern Eligible hydro CA W613 60162A 50037 11400 11,400 - 11,400 - Oltmans SCE at Champagne - California PV Energy at Champagne Solar CA W3923 62292A 58582 56 56 - 56 - Ontario #2 (PPOA2) SPVP006 - Ontario #2 (PPOA2) Solar CA W2043 61035A 57222 3 3 - 3 - Orion Solar II, LLC - Orion Solar II, LLC Solar CA W4186 61571A 58721 805 805 - 805 - Panoche Valley Solar - Panoche Valley Solar Solar CA W5851 60858A 57340 5830 5,830 - 5,830 - Panoche Valley Solar - Panoche Valley Solar Phase 3 Solar CA W7275 60858A 57340 4090 4,090 - 4,090 - Panoche Valley Solar - Phase 2 Solar CA W7186 60858A 57340 3244 3,244 - 3,244 - Park Meridian 1 - Kona Solar, LLC - Park Meridian 1 Solar CA W4577 62502A 59539 106 106 - 106 - Phoenix - Phoenix Wind CA W4426 62898A 264 36 36 - 36 - Portal Ridge Solar B, LLC - Portal Ridge Solar B, LLC Solar CA W5546 62835A 60310 1716 1,716 - 1,716 - Porterville - SPVP042 - Porterville - SPVP042 Solar CA W1977 61241A 58309 292 292 - 292 - Post Falls HED - Post Falls 2 Eligible hydro ID W794 60498A 835 1069 1,069 - 1,069 - Post Falls HED - Post Falls 3 Eligible hydro ID W795 60498A 835 985 985 - 985 - Post Falls HED - Post Falls 4 Eligible hydro ID W796 60498A 835 481 481 - 481 - Pumpjack Solar - Pumpjack Solar Solar CA W4413 61368A 59322 1933 1,933 - 1,933 - Ramona Solar Energy - SDG&E UOG Creelman Solar CA W5645 63612A 60995 1 1 - 1 - Ramona Solar Facility - Sol Orchard San Diego 20 / Ramona 1 Solar CA W3863 61840A 58909 2 2 - 2 - Ramona Solar Facility - Sol Orchard San Diego 21 / Ramona 2 Solar CA W3864 62435A 58911 9 9 - 9 - Rancho Cucamonga Distribution Center 1 - Kona Solar, LLC - Rancho Cucamonga Distribution Solar CA W4579 62498A 59540 129 129 - 129 - RE Adams East, LLC - RE Adams East, LLC Solar CA W4344 61266A 58984 1313 1,313 - 1,313 - RE Columbia 3 LLC - RE Columbia 3 LLC Solar CA W3898 61162A 58502 933 933 - 933 - RE Garland - Garland Solar CA W5001 62817A 60233 17725 17,725 - 17,725 - RE Garland A - Garland A Solar CA W5005 62818A 60386 2129 2,129 - 2,129 - RE Tranquillity - RE Tranquillity Solar CA W4898 61269A 59939 20410 20,410 - 20,410 - Redlands Distribution Center #1 (RDC1) SPVP #5 - Redlands Distribution Center #1 (RDC1) SPVP #5 Solar CA W1972 61235A 57221 11 11 - 11 - Redlands Distribution Center #10 (RDC10) - Redlands Distribution Center #10 (RDC10) Solar CA W4513 62208A 60777 29 29 - 29 - Redlands Distribution Center #3 (RDC3) SPVP #7 - Redlands Distribution Center #3 (RDC3) SPVP #7 Solar CA W1973 61236A 57217 5 5 - 5 - Redlands Distribution Center #4 (RDC4) - Redlands Distribution Center #4 (RDC4) Solar CA W2758 61742A 57227 8 8 - 8 - Regulus Solar, LLC - Regulus Solar, LLC Solar CA W4387 61428A 57650 5931 5,931 - 5,931 - Rialto I-210 Distribution Center #2 (RI 210-2) - Rialto I-210 Distribution Center #2 (RI 210-2) Solar CA W2765 61747A 57246 56 56 - 56 - Rialto I-210 Distribution Center #3 (RI 210-3) - Rialto I-210 Distribution Center #3 (RI 210-3) Solar CA W4511 62206A 57226 2 2 - 2 - Rio Bravo Solar I - Rio Bravo Solar I Solar CA W5346 61369A 59249 2084 2,084 - 2,084 - Rio Bravo Solar II - Rio Bravo Solar II Solar CA W5371 62716A 59250 2135 2,135 - 2,135 - Rising Tree Wind Farm III LLC - Rising Tree Wind Farm III LLC Wind CA W4612 62469A 59236 10362 10,362 - 10,362 - Rising Tree Wind Farm LLC - Rising Tree Wind Farm LLC Wind CA W4444 62425A 57621 9485 9,485 - 9,485 - San Bernardino Distribution Center #1 (SBDC1) - San Bernardino Distribution Center #1 (SBDC1) Solar CA W2766 61748A 57900 10 10 - 10 - San Gorgonio Westwinds II, LLC - San Gorgonio Westwinds II, LLC Wind CA W518 60393A 59236 1138 1,138 - 1,138 - SCE - Cascade Solar Solar CA W3862 60850A 58590 74 74 - 74 - SEGS IX - Luz Solar Partners Ltd. IX Solar CA W483 60366A 10446 1447 1,447 0.0015 1,447 2 Seneca Sustainable Energy - Seneca Sustainable Energy Biomass & biowasteOR W2045 61090A 57457 36634 36,634 0.0213 36,634 780 SEPV 1 - SEPV1 Solar CA W2885 61065A 58074 122 122 - 122 - SEPV 2 - SEPV 2 Solar CA W2886 61066A 10438 86 86 - 86 - SEPV Mojave West, LLC - SEPV Mojave West, LLC Solar CA W5047 61156A 59740 2325 2,325 - 2,325 - SEPV Palmdale East, LLC - SEPV Palmdale East Solar CA W4713 61154A 59273 1084 1,084 - 1,084 - SEPV Sierra - SEPV Sierra Solar CA W11506 63160A 64611 678 678 - 678 - Seville Solar One - Seville Solar One Solar CA W4650 62562A 59722 64 64 - 64 - Sierra Solar Greenworks - Sierra Solar Greenworks Solar CA W4811 61334A 59431 1442 1,442 - 1,442 - Silver State Solar Power South, Block 2 and 3 - Silver State Solar Power South, Block 2 and 3 Solar NV W4876 61050A 58644 7319 7,319 - 7,319 - Silver State Solar Power South, LLC - Silver State Solar Power South, Block 1 Solar NV W4829 61050A 58644 2962 2,962 - 2,962 - Silver State Solar Power South, LLC - Silver State Solar Power South, Block 4 Solar NV W4878 61050A 58644 4008 4,008 - 4,008 - Silver State Solar Power South, LLC - Silver State Solar Power South, Block 5 Solar NV W4947 61050A 58644 3935 3,935 - 3,935 - Silver State Solar Power South, LLC - Silver State Solar Power South, Block 6 Solar NV W4966 61050A 58644 3136 3,136 - 3,136 - Silver State Solar Power South, LLC - Silver State Solar Power South, Block 6R, 7, 8 Solar NV W5063 61050A 58644 6633 6,633 - 6,633 - Silver State Solar Power South, LLC - Silver State Solar Power South, Block 8R Solar NV W5064 61050A 58644 112 112 - 112 - Solar Star California XIII, LLC - Quinto Solar Project Solar CA W4825 61362A 59339 9326 9,326 - 9,326 - Solar Star California XIX, LLC - AVS1 Solar Star 1 (Block 1-1) Solar CA W4641 61363A 58388 6257 6,257 - 6,257 - Solar Star California XIX, LLC - AVS1 Solar Star 1 (Block 1-2) Solar CA W4562 61363A 58388 6257 6,257 - 6,257 - Solar Star California XIX, LLC - AVS1 Solar Star 1 (Block 1-3) Solar CA W4393 61363A 58388 6778 6,778 - 6,778 - Solar Star California XIX, LLC - AVS1 Solar Star 1 (Block 1-4) Solar CA W4678 61363A 58388 2896 2,896 - 2,896 - Version: April 2024
Solar Star California XIX, LLC - AVS1 Solar Star 1 (Block 1-5A) Solar CA W4064 61363A 58388 4403 4,403 - 4,403 - Solar Star California XIX, LLC - AVS1 Solar Star 1 (Block 1-5B) Solar CA W4392 61363A 58388 1738 1,738 - 1,738 - Solar Star California XIX, LLC - AVS1 Solar Star 1 (Block 1-6) Solar CA W4099 61363A 58388 7589 7,589 - 7,589 - Solar Star California XX, LLC - AVS 2 Solar Star 2 (Block 2A-1) Solar CA W4243 61364A 58389 6204 6,204 - 6,204 - Solar Star California XX, LLC - AVS 2 Solar Star 2 (Block 2A-2) Solar CA W4457 61364A 58389 5739 5,739 - 5,739 - Solar Star California XX, LLC - AVS 2 Solar Star 2 (Block 2A-3) Solar CA W4458 61364A 58389 4963 4,963 - 4,963 - Solar Star California XX, LLC - AVS 2 Solar Star 2 (Block 2A-4) Solar CA W4679 61364A 58389 4188 4,188 - 4,188 - Solar Star California XX, LLC - AVS 2 Solar Star 2 (Block 2B-2) Solar CA W4065 61364A 58389 3929 3,929 - 3,929 - Solar Star California XX, LLC - AVS 2 Solar Star 2 (Block 2B-3) Solar CA W4100 61364A 58389 3516 3,516 - 3,516 - Sonoma Central Landfill Phase I - Sonoma Central Landfill Phase I Biomass & biowasteCA W2888 60097A 55752 295 295 0.0036 295 1 Sonoma Central Landfill Phase II - Sonoma Central Landfill Phase II Biomass & biowasteCA W2960 60097A 55753 295 295 0.0036 295 1 Sonoma Central Landfill Phase III - Sonoma Central Landfill Phase III Biomass & biowasteCA W7035 60023A 55880 73 73 0.0036 73 0 Sonora Solar Facility - Sonora Solar Facility Solar CA W4481 61645A 58578 127 127 - 127 - Sun Streams, LLC - Sun Streams, LLC Solar AZ W8859 62673A 63440 17295 17,295 - 17,295 - SunE Solar XV Lessor, LLC - Hesperia Solar CA W4261 62236A 58581 143 143 - 143 - SunE Solar XVI Lessor, LLC - SunE - Pico Rivera Solar CA W4804 62725A 58913 69 69 - 69 - SunE Solar XVI Lessor, LLC - SunE - Rochester Solar CA W5219 62719A 60032 41 41 - 41 - Sunray Energy 3, LLC - Sunray Energy 3, LLC – SEGS I Solar CA W465 63260A 10438 1369 1,369 - 1,369 - Sunshine Valley Solar - Sunshine Valley Solar Solar NV W8128 62772A 59826 9889 9,889 - 9,889 - Terra Francesco 1 - Kona Solar, LLC - Terra Francesco 1 Solar CA W4578 62503A 59541 82 82 - 82 - TKO Power (South Bear Creek) - TKO Power (South Bear Creek) Eligible hydro CA W686 60187A 10162 250 250 - 250 - Tropico, LLC - Tropico Solar PV Plant Solar CA W5132 61700A 59599 1274 1,274 - 1,274 - Tucannon River Wind Farm - Tucannon River 1 Wind WA W4482 63027A 58571 10295 10,295 - 10,295 - Tucannon River Wind Farm - Tucannon River 2 Wind WA W4483 63027A 58571 34918 34,918 - 34,918 - Tule Wind, LLC - Tule Wind, LLC Wind CA W5902 63271A 57913 18683 18,683 - 18,683 - Upper Falls HED - Upper Falls HED Eligible hydro WA W217 60499A 9096 5557 5,557 - 5,557 - Valentine Solar, LLC - Valentine Solar, LLC Solar CA W8806 63026A 62288 11078 11,078 - 11,078 - Valley Center Solar Facility - Sol Orchard San Diego 22 / Valley Center 1 Solar CA W3865 61839A 58906 1 1 - 1 - Valley Center Solar Facility - Sol Orchard San Diego 23 / Valley Center 2 Solar CA W3866 62436A 58907 6 6 - 6 - Vega Solar, LLC - Vega Solar, LLC Solar CA W4543 61942A 59555 2127 2,127 - 2,127 - Victor Dry Farm Ranch A LLC - Victor Dry Farm Ranch A LLC Solar CA W4573 61331A 58418 388 388 - 388 - Victor Dry Farm Ranch B LLC - Victor Dry Farm Ranch B LLC Solar CA W4574 61332A 58419 416 416 - 416 - Voyager Wind I - Voyager Wind I Wind CA W8807 63262A 60594 14635 14,635 - 14,635 - Western Antelope Dry Ranch - Western Antelope Dry Ranch Solar CA W5262 61328A 58627 4 4 - 4 - Whitewater Hill Wind Partners - Whitewater Hill Wind Partners Wind CA W835 60737A 56012 4522 4,522 - 4,522 - Wildwood Solar - Wildwood Solar Solar CA W4414 61367A 59380 1975 1,975 - 1,975 - Wildwood Solar II - Wildwood Solar II Solar CA W5374 62418A 59253 1625 1,625 - 1,625 - Willow Springs 2 - Willow Springs 2 Solar CA W7213 62286A 60324 10720 10,720 - 10,720 - Willy 9 Chap 1 - Chaparral Solar, LLC Solar CA W14099 64315A 64864 59109 59,109 - 59,109 - Willy 9 Chap 2 - Chaparral Solar, LLC Solar CA W14100 63225A P393 18234 18,234 - 18,234 - Wister Solar - Wister Solar Solar CA W13900 63833A P377 35 35 - 35 - Zephyr Park - Zephyr Park 2 Wind CA W495 60374A P397 5 5 - 5 - Kaweah No. 2 Eligible hydro CA W328 60453A 336 30 30 - 30 -
FIRMED-AND-SHAPED IMPORTS
Facility Name Fuel Type
State or
Province WREGIS ID RPS ID
EIA ID of
REC
Source
EIA ID of
Substitute
Power
Gross MWh
Procured MWh Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions
(in MT CO2e)
Eligible for
Grandfathered
Emissions?
- #N/A -
- #N/A -
- #N/A -
- #N/A -
- #N/A -
SPECIFIED NON-RENEWABLE PROCUREMENTS
Facility Name Fuel Type
State or
Province N/A N/A N/A EIA ID
Gross MWh
Procured MWh Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions
(in MT CO2e) N/A
- #N/A -
- #N/A -
- #N/A -
- #N/A -
- #N/A -
- #N/A -
- #N/A -
- #N/A -
- #N/A -
PROCUREMENTS FROM ASSET-CONTROLLING SUPPLIERS
Facility Name Fuel Type N/A N/A N/A N/A EIA ID
Gross MWh
Procured MWh Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions
(in MT CO2e) N/A
#N/A -
#N/A -
#N/A -
#N/A -
END USES OTHER THAN RETAIL SALES MWh
Version: April 2024
-
RETIRED UNBUNDLED RECS
Facility Name Fuel Type
State or
Province RPS ID Total Retired (in MWh)
Total Retired Unbundled RECs
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
SCHEDULE 2: RETIRED UNBUNDLED RECS
For the Year Ending December 31, 2023
Orange County Power Authority
100% Renewable Choice
INSTRUCTIONS: Enter information about retired unbundled RECs associated with this electricity portfolio. Insert additional rows as needed. All fields in white should be filled out. Fields in grey auto-populate as needed and should not be filled out.
Version: April 2024
Adjusted Net
Procured (MWh)
Percent of Total
Retail Sales
Renewable Procurements 100.0% 1,819,204
Biomass & Biowaste 8.8% 160,301
Geothermal 17.1% 311,724
Eligible Hydroelectric 3.9% 71,664
Solar 43.9% 798,353
Wind 26.2% 477,162
Coal 0.0% -
Large Hydroelectric 0.0% -
Natural gas 0.0% -
Nuclear 0.0% -
Other 0.0% -
Unspecified Power 0.0% -
Total 100.0% 1,819,204
1,819,204
20 0.0%
Total Retail Sales (MWh)
GHG Emissions Intensity (converted to lbs CO2e/MWh)
Percentage of Retail Sales Covered by Retired Unbundled RECs
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
SCHEDULE 3: POWER CONTENT LABEL DATA
For the Year Ending December 31, 2023
Orange County Power Authority
100% Renewable Choice
Instructions: No data input is needed on this schedule. Retail suppliers should use these auto-populated calculations to fill out their Power Content Labels.
Version: April 2024
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
ATTESTATION FORM
For the Year Ending December 31, 2023
Orange County Power Authority
100% Renewable Choice
I, Joe Mosca, Chief Executive Officer declare under penalty of perjury, that the information provided in this report is true and correct and that I, as an authorized agent of Orange County Power Authority, have authority to submit this report on the retail supplier's behalf. I further declare that all of the electricity claimed as specified purchases as shown in this report was sold once and only once to retail customers.
Name: Joe Mosca
Representing (Retail Supplier): Orange County Power Authority Signature:
Dated: 7/26/2024
Executed at: Irvine, CA
Version: April 2024
If you have questions, contact Power Source Disclosure (PSD) staff at [email protected] or (916) 639-0573.
NOTE: Information submitted in this report is not automatically held confidential. If your company wishes the information submitted to be considered confidential an authorized representative must submit an application for confidential designation (CEC-13), which can be found on the California Energy Commissions's website at https://www.energy.ca.gov/about/divisions-and-offices/chief-counsels-office.
WEBSITE URL FOR
PCL POSTING https://www.ocpower.org/resources/key-documents/ Submit the Annual Report and signed Attestation in PDF format with the Excel version of the Annual Report to [email protected]. Remember to complete the Retail Supplier Name, Electricity Portfolio Name, and contact information above, and submit separate reports and attestations for each additional portfolio if multiple were offered in the previous year.
CITY, STATE, ZIP Folsom, CA 95630
PHONE 916-936-3300
EMAIL [email protected]
NAME Kirby Dusel
TITLE Consultant
MAILING ADDRESS 1839 Iron Point Road, Suite 120
CONTACT INFORMATION
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
For the Year Ending December 31, 2023
RETAIL SUPPLIER NAME
Orange County Power Authority
ELECTRICITY PORTFOLIO NAME
Smart Choice
Retail suppliers are required to use the posted template and are not allowed to make edits to this format. Please complete all requested information.
GENERAL INSTRUCTIONS
Version: April 2024
455,509
455,510
-
0 -
4 455,506
80,162
0.1760
DIRECTLY DELIVERED RENEWABLES
Facility Name Fuel Type
State or
Province WREGIS ID RPS ID N/A EIA ID
Gross MWh
Procured
MWh
Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions (in
MT CO2e) N/A
North Brawley Project - OEC 1 - North Brawley Geothermal CA W861 60640A 56832 118 118 118 0.5963 70 North Brawley Project - OEC 2 - North Brawley Geothermal CA W862 60640A 56832 118 118 118 0.5963 70 North Brawley Project - OEC 3 - North Brawley Geothermal CA W863 60640A 56832 118 118 118 0.5963 70 North Brawley Project - OEC 4 - North Brawley Geothermal CA W864 60640A 56832 118 118 118 0.5963 70 North Brawley Project - OEC 5 - North Brawley Geothermal CA W865 60640A 56832 648 648 648 0.5963 386 San Marcos Energy LLC - San Marcos Energy LLC Biomass & biowaste CA W707 60435A 10386 11 11 11 1.1335 12 Ameresco Johnson Canyon - Ameresco Johnson Canyon Biomass & biowaste CA W3397 61353A 58397 5518 5,518 5,518 0.5473 3,020 Clearwater Paper Corporation - #3 turbine generator Biomass & biowaste ID W128 60533A 56356 5210 5,210 5,210 0.4699 2,448 Kettle Falls Woodwaste Plant - Kettle Falls Woodwaste Plant Biomass & biowaste WA W130 60495A 550 5764 5,764 5,764 0.0358 206 Leathers L. P. - Leathers L. P. Geothermal CA W456 60318A 10631 13004 13,004 13,004 0.0846 1,100 WestRock CP, LLC - Tacoma Mill Biomass & biowaste WA W1228 60697A 57099 60730 60,730 60,730 0.0481 2,921 WestRock CP, LLC - Tacoma Mill Biomass & biowaste WA W1228 60697A 57099 205 205 205 0.0481 10 Ivanpah - Unit 1 Solar CA W3189 62273A 57074 482 482 482 0.0596 29 Ivanpah - Unit 3 Solar CA W3190 62275A 57075 458 458 458 0.0596 27 Mammoth Pacific L. P. (MP1) - Mammoth Pacific L. P. (MP1) Geothermal CA W417 60306A 10480 79 79 79 0.0702 6 Manzana - Manzana Wind LLC Wind CA W3105 61671A 57484 868 868 868 - - Mountain View III - Mountain View Power Partners III, LLC Wind CA W234 60430A 56112 2,395 2,395 2,395 - - Oasis Alta - Oasis Alta Wind CA W11031 64522A 63941 1,135 1,135 1,135 - - Point Wind 2 - Point Wind 2 Wind CA W11030 64508A 63482 1,624 1,624 1,624 - - Potrero Hills Energy Producers - Potrero Hills Energy Producers, LLC Biomass & biowaste CA W4867 63116A 59952 76 76 76 0.0021 0 Sierra Pacific Burney Facility - Sierra Pacific Industry (Burney) Biomass & biowaste CA W667 60087A 50110 102 102 102 0.0092 1 Sierra Pacific Ind. (Lincoln) - Sierra Pacific Industry (Lincoln) Biomass & biowaste CA W668 60088A 10144 73 73 73 0.0109 1 Sierra Pacific Ind. (Quincy) - Sierra Pacific Industry (Quincy) Biomass & biowaste CA W669 60089A 50112 214 214 214 0.0479 10 Sierra Pacific Sonora - Sierra Pacific Sonora Biomass & biowaste CA W852 60576A 54517 15 15 15 0.0733 1 SPI Anderson 2 - SPI Anderson 2 Biomass & biowaste CA W4674 61146A 59658 235 235 235 0.0102 2 Stockton Biomass - Stockton Biomass Biomass & biowaste CA W3540 60964A 54238 963 963 963 0.0289 28 Sunshine Gas Producers - Sunshine Gas Producers, L.L.C. Biomass & biowaste CA W4144 60815A 58429 261 261 261 0.0033 1 Western Antelope Dry Ranch - Western Antelope Dry Ranch Solar CA W5262 61328A 58627 1016 1,016 1,016 - - - - #N/A
FIRMED-AND-SHAPED IMPORTS
Facility Name Fuel Type
State or
Province WREGIS ID RPS ID
EIA ID of
REC
Source
EIA ID of
Substitute Power
Gross MWh
Procured MWh Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions
(in MT CO2e)
Eligible for
Grandfathered
Emissions?
American Falls Solar II, LLC - American Falls Solar II, LLC Solar ID W5375 63450A 60012 Unspecified Power 2,753 2,753 2,753 0.4280 1,178 No American Falls Solar, LLC - American Falls Solar, LLC Solar ID W5376 63451A 60011 Unspecified Power 1,503 1,503 1,503 0.4280 643 No Cape Scott Wind - Cape Scott Wind Wind BC W3959 60600A P149 Unspecified Power 80,299 80,299 80,299 0.4280 34,368 No Dokie Wind - Dokie Wind Wind BC W1992 61360A P150 Unspecified Power 3,847 3,847 3,847 0.4280 1,647 No Grand View 2 West - Grand View 2 West Solar ID W5070 61595A 60068 Unspecified Power 6,979 6,979 6,979 0.4280 2,987 No High Mesa - High Mesa Wind ID W3391 62361A 58019 Unspecified Power 22,600 22,600 22,600 0.4280 9,673 No ID Solar 1 - ID Solar 1, LLC Solar ID W5076 63560A 60445 Unspecified Power 1,739 1,739 1,739 0.4280 744 No Meikle Wind - Meikle Wind Wind BC W5189 63268A P151 Unspecified Power 2,827 2,827 2,827 0.4280 1,210 No Moose Lake Wind - Moose Lake Wind Wind BC W7518 64287A P152 Unspecified Power 4,111 4,111 4,111 0.4280 1,760 No Neal Hot Springs Unit #1 - Neal Hot Springs Geothermal Geothermal OR W3155 62427A 58022 Unspecified Power 27,824 27,824 27,824 0.4280 11,909 No Orchard Ranch Solar, LLC - Orchard Ranch Solar, LLC Solar ID W5373 63448A 60010 Unspecified Power 2,314 2,314 2,314 0.4280 990 No Pennask Wind Farm - Pennask Wind Farm Wind BC W5499 64015A P153 Unspecified Power 1,221 1,221 1,221 0.4280 523 No Shinish Creek Wind Farm - Shinish Creek Wind Farm Wind BC W5500 64041A P160 Unspecified Power 2,621 2,621 2,621 0.4280 1,122 No Simcoe Solar, LLC - Simcoe Solar, LLC Solar ID W5372 63447A 60748 Unspecified Power 2,142 2,142 2,142 0.4280 917 No - - #N/A
SPECIFIED NON-RENEWABLE PROCUREMENTS
Facility Name Fuel Type
State or
Province N/A N/A N/A EIA ID
Gross MWh
Procured MWh Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions
(in MT CO2e) N/A
Big Creek 2A Large hydro CA 322 109,295 109,295 109,295 - - Palo Verde Nuclear Generating Station Nuclear AZ 6008 81,873 81,873 81,873 - - Retail Sales (MWh)
Net Specified Procurement (MWh)
Unspecified Power (MWh)
Procurement to be adjusted
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
SCHEDULE 1: PROCUREMENTS AND RETAIL SALES
For the Year Ending December 31, 2023
Orange County Power Authority
Smart Choice
GHG Emissions Intensity (in MT CO2e/MWh)
Net Specified Natural Gas
Net Specified Coal & Other Fossil Fuels
Net Specified Nuclear, Large Hydro, Renewables, and ACS Power GHG Emissions (excludes grandfathered emissions)
Instructions: Enter information about power procurements underlying this electricity portfolio for which your company is filing the Annual Report.
Insert additional rows as needed. All fields in white should be filled out. Fields in grey auto-populate as needed and should not be filled out. For EIA IDs for unspecified power or specified system mixes from asset-controlling suppliers, enter "Unspecified Power", "BPA", or "Tacoma Power" as applicable. For specified procurements of ACS power, use the ACS Procurement Calculator to calculate the resource breakdown comprising the ACS system mix. Procurements of unspecified power must not be entered as line items below; unspecified power will be calculated automatically in cell N9. Unbundled RECs must not be entered on Schedule 1; these products must be entered on Schedule 2. At the bottom portion of the schedule, provide the other electricity end-uses that are not retail sales including, but not limited to transmission and distribution losses or municipal street lighting. Amounts should be in megawatt-hours.
Version: April 2024
BCE11 Other CA P395 3 3 3 - -
BCE21 Other CA P396 1 1 1 - -
- - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
PROCUREMENTS FROM ASSET-CONTROLLING SUPPLIERS
Facility Name Fuel Type N/A N/A N/A N/A EIA ID
Gross MWh
Procured MWh Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions
(in MT CO2e) N/A
- #N/A
- #N/A
- #N/A
- #N/A
END USES OTHER THAN RETAIL SALES MWh
Version: April 2024
50,000
RETIRED UNBUNDLED RECS
Facility Name Fuel Type
State or
Province RPS ID Total Retired (in MWh)
CD4 Geothermal Project Geothermal CA 62659A 6538
Biomass One LP Biomass OR 61204A 3149
High Plains Wind WY 60899A 40000
Seven Mile Hill I Wind WY 60807A 313
Total Retired Unbundled RECs
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
SCHEDULE 2: RETIRED UNBUNDLED RECS
For the Year Ending December 31, 2023
Orange County Power Authority
Smart Choice
INSTRUCTIONS: Enter information about retired unbundled RECs associated with this electricity portfolio. Insert additional rows as needed. All fields in white should be filled out. Fields in grey auto-populate as needed and should not be filled out.
Version: April 2024
Adjusted Net
Procured (MWh)
Percent of Total
Retail Sales
Renewable Procurements 264,338 58.0%
Biomass & Biowaste 79,377 17.4%
Geothermal 42,027 9.2%
Eligible Hydroelectric - 0.0%
Solar 19,386 4.3%
Wind 123,548 27.1%
Coal - 0.0%
Large Hydroelectric 109,295 24.0%
Natural gas - 0.0%
Nuclear 81,873 18.0%
Other 4 0.0%
Unspecified Power - 0.0%
Total 455,509 100.0%
455,509
388
11.0%
Total Retail Sales (MWh)
GHG Emissions Intensity (converted to lbs CO2e/MWh)
Percentage of Retail Sales Covered by Retired Unbundled RECs
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
SCHEDULE 3: POWER CONTENT LABEL DATA
For the Year Ending December 31, 2023
Orange County Power Authority
Smart Choice
Instructions: No data input is needed on this schedule. Retail suppliers should use these auto-populated calculations to fill out their Power Content Labels.
Version: April 2024
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
ATTESTATION FORM
For the Year Ending December 31, 2023
Orange County Power Authority
Smart Choice
I, Joe Mosca, Chief Executive Officer declare under penalty of perjury, that the information provided in this report is true and correct and that I, as an authorized agent of Orange County Power Authority, have authority to submit this report on the retail supplier's behalf. I further declare that all of the electricity claimed as specified purchases as shown in this report was sold once and only once to retail customers.
Name: Joe Mosca
Representing (Retail Supplier): Orange County Power Authority Signature:
Dated: 8/16/2024
Executed at: Irvine, CA
Version: April 2024
CONTACT INFORMATION
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
For the Year Ending December 31, 2023
RETAIL SUPPLIER NAME
Orange County Power Authority
ELECTRICITY PORTFOLIO NAME
Basic Choice
Retail suppliers are required to use the posted template and are not allowed to make edits to this format. Please complete all requested information.
GENERAL INSTRUCTIONS
NAME Kirby Dusel
TITLE Consultant
MAILING ADDRESS 1839 Iron Point Road, Suite 120
CITY, STATE, ZIP Folsom, CA 95630
PHONE 916-936-3300
EMAIL [email protected]
If you have questions, contact Power Source Disclosure (PSD) staff at [email protected] or (916) 639-0573.
NOTE: Information submitted in this report is not automatically held confidential. If your company wishes the information submitted to be considered confidential an authorized representative must submit an application for confidential designation (CEC-13), which can be found on the California Energy Commissions's website at https://www.energy.ca.gov/about/divisions-and-offices/chief-counsels-office.
WEBSITE URL FOR
PCL POSTING https://www.ocpower.org/resources/key-documents/ Submit the Annual Report and signed Attestation in PDF format with the Excel version of the Annual Report to [email protected]. Remember to complete the Retail Supplier Name, Electricity Portfolio Name, and contact information above, and submit separate reports and attestations for each additional portfolio if multiple were offered in the previous year.
Version: April 2024
367,706
138,375
229,331
-
-
-
138,375
114,084
0.3103
DIRECTLY DELIVERED RENEWABLES
Facility Name Fuel Type
State or
Province WREGIS ID RPS ID N/A EIA ID
Gross MWh
Procured
MWh
Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions (in
MT CO2e) N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
FIRMED-AND-SHAPED IMPORTS
Facility Name Fuel Type
State or
Province WREGIS ID RPS ID
EIA ID of
REC
Source
EIA ID of
Substitute Power
Gross MWh
Procured MWh Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions
(in MT CO2e)
Eligible for
Grandfathered
Emissions?
Dokie Wind - Dokie Wind Wind BC W1992 61360A P150 Unspecified Power 5074 5,074 5,074 0.4280 2,172 No Elkhorn Valley Wind Farm - Elkhorn Valley Wind Farm Wind OR W186 61034A 56623 Unspecified Power 29832 29,832 29,832 0.4280 12,768 No Grand View 5 East - Grand View 5 East Solar ID W5069 61595A 60068 Unspecified Power 2314 2,314 2,314 0.4280 990 No - - #N/A
SPECIFIED NON-RENEWABLE PROCUREMENTS
Facility Name Fuel Type
State or
Province N/A N/A N/A EIA ID
Gross MWh
Procured MWh Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions
(in MT CO2e) N/A
Palo Verde Nuclear Generating Station Nuclear AZ 6008 101,155 101,155 101,155 - - - - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
- - #N/A
PROCUREMENTS FROM ASSET-CONTROLLING SUPPLIERS
Facility Name Fuel Type N/A N/A N/A N/A EIA ID
Gross MWh
Procured MWh Resold
Net MWh
Procured
Adjusted Net MWh
Procured
GHG Emissions
Factor (in MT
CO2e/MWh)
GHG Emissions
(in MT CO2e) N/A
- #N/A
- #N/A
- #N/A
- #N/A
END USES OTHER THAN RETAIL SALES MWh
GHG Emissions Intensity (in MT CO2e/MWh)
Net Specified Natural Gas
Net Specified Coal & Other Fossil Fuels
Net Specified Nuclear, Large Hydro, Renewables, and ACS Power GHG Emissions (excludes grandfathered emissions)
Retail Sales (MWh)
Net Specified Procurement (MWh)
Unspecified Power (MWh)
Procurement to be adjusted
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
SCHEDULE 1: PROCUREMENTS AND RETAIL SALES
For the Year Ending December 31, 2023
Orange County Power Authority
Basic Choice
Instructions: Enter information about power procurements underlying this electricity portfolio for which your company is filing the Annual Report.
Insert additional rows as needed. All fields in white should be filled out. Fields in grey auto-populate as needed and should not be filled out. For EIA IDs for unspecified power or specified system mixes from asset-controlling suppliers, enter "Unspecified Power", "BPA", or "Tacoma Power" as applicable. For specified procurements of ACS power, use the ACS Procurement Calculator to calculate the resource breakdown comprising the ACS system mix. Procurements of unspecified power must not be entered as line items below; unspecified power will be calculated automatically in cell N9. Unbundled RECs must not be entered on Schedule 1; these products must be entered on Schedule 2. At the bottom portion of the schedule, provide the other electricity end-uses that are not retail sales including, but not limited to transmission and distribution losses or municipal street lighting. Amounts should be in megawatt-hours.
Version: April 2024
106,187
RETIRED UNBUNDLED RECS
Facility Name Fuel Type
State or
Province RPS ID Total Retired (in MWh)
Escalante Solar II, LLC - Escalante Solar II, LLC Solar UT 63668A 30000 Glacier Wind 2 - Glacier Wind 2 Wind MT 60709A 288
Rim Rock - Rim Rock Energy Wind MT 60874A 677
Glacier Wind 1 - Glacier Wind 1 Wind MT 60708A 250
North Hurlburt Wind, LLC - North Hurlburt Wind, LLC Wind OR 60606A 24077 South Hurlburt Wind, LLC - South Hurlburt Wind, LLCWind OR 61668A 25614 Horseshoe Bend Wind, LLC - Horseshoe Bend Wind, Wind OR 61669A 25281 Total Retired Unbundled RECs
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
SCHEDULE 2: RETIRED UNBUNDLED RECS
For the Year Ending December 31, 2023
Orange County Power Authority
Basic Choice
INSTRUCTIONS: Enter information about retired unbundled RECs associated with this electricity portfolio.
Insert additional rows as needed. All fields in white should be filled out. Fields in grey auto-populate as needed and should not be filled out.
Version: April 2024
Adjusted Net
Procured (MWh)
Percent of Total
Retail Sales
Renewable Procurements 37,220 10.1%
Biomass & Biowaste - 0.0%
Geothermal - 0.0%
Eligible Hydroelectric - 0.0%
Solar 2,314 0.6%
Wind 34,906 9.5%
Coal - 0.0%
Large Hydroelectric - 0.0%
Natural gas - 0.0%
Nuclear 101,155 27.5%
Other - 0.0%
Unspecified Power 229,331 62.4%
Total 367,706 100.0%
367,706
684
28.9%
Total Retail Sales (MWh)
GHG Emissions Intensity (converted to lbs CO2e/MWh)
Percentage of Retail Sales Covered by Retired Unbundled RECs
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
SCHEDULE 3: POWER CONTENT LABEL DATA
For the Year Ending December 31, 2023
Orange County Power Authority
Basic Choice
Instructions: No data input is needed on this schedule. Retail suppliers should use these auto-populated calculations to fill out their Power Content Labels.
Version: April 2024
2023 POWER SOURCE DISCLOSURE ANNUAL REPORT
ATTESTATION FORM
For the Year Ending December 31, 2023
Orange County Power Authority
Basic Choice
I, Joe Mosca, Chief Executive Officer declare under penalty of perjury, that the information provided in this report is true and correct and that I, as an authorized agent of Orange County Power Authority, have authority to submit this report on the retail supplier's behalf. I further declare that all of the electricity claimed as specified purchases as shown in this report was sold once and only once to retail customers.
Name: Joe Mosca
Representing (Retail Supplier): Orange County Power Authority Signature:
Dated: 8/7/2024
Executed at: Irvine, CA
ORANGE COUNTY POWER AUTHORITY
Staff Report – Item 9.3
-------------------------------------------------------------------------------------------------------------------- To: Orange County Power Authority Board of Directors
From: Louis Ting, Director, Power Resources
Approved By: Joe Mosca, Chief Executive Officer
Subject: AUTHORIZE THE CEO TO TAKE NECESSARY ACTIONS TO ACCEPT THE
GREENHOUSE GAS (GHG)-FREE ATTRIBUTE ALLOCATIONS FROM
SOUTHERN CALIFORNIA EDISON (SCE) FOR YEARS 2025 THROUGH 2027 AND FROM PACIFIC GAS & ELECTRIC (PG&E) FOR YEARS 2025 THROUGH 2030
Date: October 15, 2024
--------------------------------------------------------------------------------------------------------------------
RECOMMENDATION
Authorize the CEO to take the necessary actions to accept the GHG-Free energy attribute allocations from SCE’s large hydroelectric and nuclear resources for the period from 2025 to 2027 and from PG&E’s Diablo Canyon Power Plant (DCPP) nuclear resources for the period from 2025 to 2030.
BACKGROUND
SCE’s GHG-Free energy attribute allocation was implemented as an interim solution until the California Public Utility Commission (Commission) issued a final decision in Working Group 3 of Phase 2 of the Power Charge Indifference Adjustment Order Instituting Ratemaking (PCIA OIR), which occurred on May 24, 2021 (D.21-05-030). In Working Group 3 of R.17-06-026, the Co-Chairs (SCE, Clean Power Alliance, and Commercial Energy) proposed a portfolio optimization framework that included a GHG-Free energy allocation component. In D.23-06-006, the Commission addressed how to value GHG-Free attributes of resources in the Investor-Owned Utilities’ (IOUs) PCIA-eligible portfolios and ordered SCE to offer voluntary allocations for multi-year periods starting in 2025.
SCE is allocating GHG-Free attributes for 2025-2027 to load-serving entities (LSEs) whose customers are paying their share of the Cost Responsibility Surcharges (CRS). In June of 2023, the Commission issued D.23-06-026 in Rulemaking (R.)17-06-026, the PCIA OIR, authorizing SCE to continue allocating its GHG-Free attributes for a 3-year term from 2025-2027. The 30- day enrollment and election for the 2025-2027 term ends on November 30, 2024.
OCPA’s revised Energy Risk Management Policy, approved by the Board on January 24, 2024, delegates the authority to the CEO to enter into agreements for energy procurements, including GHG-Free products, with a term limit of up to 3 years.
PG&E’s GHG-Free energy attribute allocation was a result of the Commission’s decision to extend the operations of the DCPP until October 31, 2029 (Unit 1) and October 31, 2030 (Unit 2), following the codification of Senate Bill 846 (Dodd, 2022), which was enacted after the September 2022 heat storm. The Commission’s decision, along with Advice Letter 7295-E submitted on June 12, 2024, requires PG&E to offer all LSEs, including OCPA and other Community Choice Aggregators (CCAs), IOUs, and service providers, the option to receive DCPP’s energy output.
PG&E submitted allocation ratios for the Commission’s approval on August 30, 2024. Once approved, PG&E will notify all LSEs and request a decision within 30 days on whether they accept the nuclear allocation. LSEs are currently awaiting this notice. Beginning in January 2025, all California electric customers will begin paying for DCPP’s energy, and the GHG-Free attribute allocation will cover the period from January 2025 through October 2030.
DISCUSSION
GHG-Free energy was intended by the California Legislature in the Senate Bill 100 (de León, 2018) as a pathway to achieving 100% clean and carbon-free resources for California by 2045, with RPS-eligible resources comprising 60% of LSE portfolios by 2030. Large hydroelectric and nuclear power generation provide reliable energy and are considered GHG-Free under current California Energy Commission rules. OCPA has secured SCE’s GHG-Free allocations for the calendar years 2022 through 2024. In 2023, over 27 percent of GHG-Free energy was provided for OCPA Basic Choice customers and 59 percent for Smart Choice customers based on OCPA’s Power Source Disclosure filing for reporting year 2023. For 2024, staff expects SCE’s allocations to align with the previous two years, on average.
The intent of SB 846 and the Commission’s decision to extend DCPP’s operations was to support grid reliability for California as a whole, not just for PG&E’s customers. State lawmakers determined that the costs of continuing to operate DCPP would be spread across all ratepayers in the state, including OCPA’s customers. As a matter of equality, because all customers are being charged for the operation of the nuclear plant, the statute requires they also receive the corresponding energy.
FISCAL IMPACT
Both the SCE’s and PG&E’s DCPP GHG-Free allocations have no fiscal impact except for the administrative costs associated with the handling of the resources similar to other resources within OCPA’s power portfolio.
ORANGE COUNTY POWER AUTHORITY
Staff Report – Item 10
--------------------------------------------------------------------------------------------------------------------- To: Orange County Power Authority Board of Directors
From: Joe Mosca, Chief Executive Officer
Subject: CHIEF EXECUTIVE OFFICER’S REPORT
Date: October 15, 2024
--------------------------------------------------------------------------------------------------------------------- National Renewable Energy Laboratory (NREL) Recognizes OCPA The most recent survey by the National Renewable Energy Laboratory (NREL) has been released, with OCPA receiving high marks. Here are some highlights you can share with your key stakeholders:
• OCPA has been recognized as a Top Green Power Provider, ranking second among CCAs. • In 2023, OCPA sold over 2.27 million megawatt hours of clean power to approximately 290,000 customers, a significant increase from previous years. • Our renewable energy portfolio, or Power Mix, consists of approximately 86% renewable energy, with 81% coming from carbon-free sources. This exceeds both state requirements and OCPA's voluntary renewable energy goals.
• Nearly 75% of OCPA customers are enrolled in the 100% Renewable Choice plan, and 18% are on the Smart Choice plan. This high level of participation underscores the community's commitment to reducing carbon emissions.
• Since its inception, OCPA's efforts have reduced greenhouse gas emissions, equivalent to removing over 221,000 gas-powered vehicles from the road.
These results demonstrate OCPA's significant impact on promoting renewable energy and reducing carbon emissions in Orange County.
Open House & 2nd Anniversary of Electric Service Launch OCPA hosted our first open house and second-anniversary celebration of our electric service on October 3rd. The event was a great success, with over 75 attendees from members and prospective city municipalities, community-based organizations, Bright Futures grantees, and OCPA champions.
I am proud of the team’s effort to create such a wonderful event. Our goal in future years will be to enhance its reach and impact. Thank you to all the Board of Directors for prioritizing and attending this event.
CalCCA Board Retreat & Policy Forum
I attended the CalCCA Board Retreat and Policy Forum during the first week of October. The retreat included various events, including meetings with the governor’s office, state legislative leaders, and regulatory leaders from CPUC, CEC, and CAISO, as well as forums supporting the development and sustainability of CCAs in California. It is a platform for discussing legislative and regulatory issues, sharing best practices, fostering collaboration among members, and planning for the future.
LEAN National CCA Conference in Washington, DC
During the second week of October, Steven Halligan, Regulatory and Legislative Affairs Manager, and I attended the LEAN National CCA Conference. This was the first national conference and meeting of CCAs from the nine states where CCAs operate. The conference focused on the challenges facing CCAs in the nation and collaboration and advocacy at the federal level. The last day of the conference was solely committed to meeting with senior administrators from the U.S.
EPA and the U.S. Department of Energy.
Communications & External Affairs Updates
Orange County Soccer Club Match – OCPA Sponsorship, October 9th As part of the sponsorship, OCPA is mentioned in their weekly newsletter (attached), is being promoted on their social channels (also Facebook), and has significant in-show presence, including:
• Free giveaways (drawstring bags at entry)
• :30 OCPA ad played twice (pregame and right before the match starts) • Game ball giveaway on-field by a staff member (Jacquie) with a 2-min voiceover about OCPA, curated by Jacquie
• Halftime green energy trivia game on the jumbotron
o Questions relate to OC Soccer Club’s sustainability practices and OCPA • Halftime on-field presentation by a staff member (Gabe), presenting President of Business Relations at OC Soccer Club with Green P100NEER plaque, including voiceover about Green P100NEER program
The team had a film crew with them and a social media rep from Reveille, capturing photos, videos, and interviews. The team will create short-form content promoting the Green P100NEER Program, including a case study, and do same-day social posts. The team also captured additional evergreen content for future marketing and communications use.
Communications
• We’ve secured Dr. Lorenzo Gonzalez as the next guest on Sustainably Speaking. Dr.
Gonzalez was born and raised in Anaheim and serves on the Latino Health Access Board of Directors. His work centers on environmental justice and the impact of the environment on chronic diseases.
• I was the keynote speaker at the Filipino American Chamber of Commerce’s annual Go Green & Health Expo. I discussed the intersection of health and climate while highlighting OCPA and the environmental benefits of renewable energy.
Customer Programs Updates
• The Calpine Foundation Community Benefits Grant launched on Tuesday, October 1st.
Below are details on the program, and here is a link to the live application on our website. o Qualifications: IRS designated 501(c)3 non-profit organizations serving OCPA’s service territory
o Funding Categories: Research/Planning, Education, Workforce Development, Environmental and Social Justice Communities
o Award Range: $5,000-$30,000
o Application Window: October 1st - November 15th
• The Community Power Plan kickoff meeting occurred two weeks ago with The Energy Coalition (TEC), where expectations were set and initial questions were answered. We are meeting biweekly, with one of the first goals being a community outreach strategy for the needs assessment.
• At the end of our e-bike safety and incentive program, 94% of the vouchers had been given out! The challenge is that only a quarter had been redeemed, but with e-bikes being expensive, we are sensitive that it takes time to save for this investment, even with a voucher. Our partner bike shops have agreed to let customers use vouchersthrough October 27th; we are making calls and sending emails to those with unredeemed vouchers to increase the success of our program.
External Affairs Updates
• We are attending member and prospective city chamber candidate forums to understand the political landscape in each and how it may impact OCPA. We have attended forums in Santa Ana and Fountain Valley and Buena Park’s State of the City event that OCPA sponsored.
Welcome Aracely Cardona to the OCPA team
Aracely Cardona is the newest member of the OCPA team. Aracely joins us with six years of valuable procurement and accounting administrative experience from her time at Central Coast Community Energy (3CE), a CCA serving the region from Santa Cruz to Santa Barbara. She brings a strong understanding of CCA's internal operations and customer needs. Aracely is highly skilled in managing the procure-to-pay process for non-energy purchases, ensuring compliance, collaborating with external accounting partners for payment processing, overseeing non-energy contract retention, and providing administrative support to the Finance department. Her immediate focus will be centralizing non-energy purchase requisition preparation at OCPA, streamlining our purchasing process, and ensuring compliance with our approved procurement policies.
Open Recruitments
Three (3) additional positions remain open, including Finance and Risk Manager, Policy Advisor, and Energy Programs Manager. The latter two have scheduled final interviews in October's second and third weeks.
Events & Stakeholder Outreach
The OCPA team attended the following events and community meetings since our last Board meeting:
City Event & Meetings Date Time
Buena Park Buena Park Culture Fest Saturday, September 21st 5:00 PM - 9:00 PM Irvine Go Green & Health Expo Tuesday, September 24th 8:30 AM – 2:00 PM Irvine OCBC CSUF Economic
Forecast Tuesday, September 24th 9:00 AM – 10:00 AM
Los Angeles L.A. Times Climate Action Live Thursday, September 26th 8:00 AM – 12:00 PM Fullerton 2024 NOCC Small Business
Forum Friday, September 27th 11:30 AM – 1:30 PM
Pasadena 2024 Clean Mobility Forum Wednesday, October 2nd All day Buena Park 2024 S.H.E Conference &
Business Expo Thursday, October 3rd 9:00 AM - 1:30 PM
Irvine OCPA Open House Thursday, October 3rd 4:00 PM - 7:00 PM Fullerton CSUF Manufacturing Day Friday, October 4th 10:00 AM – 2:00 PM Irvine Irvine Global Village Festival Saturday, October 5th 10:00 AM - 5:00 PM Irvine OCPA OC Soccer Sponsorship Wednesday, October 9th 5:00 PM - 8:00 PM Newport Beach St. Mark Sustainability Fair Saturday, October 12th 10:00 AM - 12:00 PM We are looking forward to many opportunities to engage with the community and key stakeholders, including:
City Event & Meetings Date Time
Long Beach League of Cities Annual
Conference October 16-18 All day
Fullerton Cal State Fullerton 3rd Annual
Energy & Sustainability Summit Monday, October 21st 10:00 AM - 12:30 PM Irvine Sustain SoCal Energy Event Thursday, October 24th 1:00 PM - 7:00 PM Burbank Women in Energy Conference November 7-8 All day Attachments:
A) Non-Power Supply Contracts Over $50,000 to Under $100,000 Orange County Power Authority
Non Power Supply Contracts In Excess of $50,000 to Under $100,000 Item No Vendor Term Contract Amount Brief Service Description Remark None