Agenda packet — Sonoma Clean Power Board of Directors, August 6, 2026

~ Sonoma
:::::: Clean Power
___________________________________________________________ AGENDA

BOARD OF DIRECTORS MEETING
THURSDAY, AUGUST 6, 2026, 9:00 A.M.

EXCEPT AS PERMITTED BY GOVERNMENT CODE SECTION 54953.8.3, MEMBERS OF THE BOARD OF DIRECTORS MAY PARTICIPATE IN THE AUGUST 6, 2026, MEETING AT ANY OF THE LOCATIONS SHOWN BELOW.

SONOMA CLEAN POWER BUSINESS OFFICE
431 E STREET
SANTA ROSA, CA 95404

MEMBERS OF THE PUBLIC MAY PARTICIPATE IN THE MEETING AT THE ABOVE PHYSICAL LOCATIONS OR VIEW REMOTELY THROUGH:

Webinar link: https://us06web.zoom.us/j/88546704126
Telephone number: 1 (669) 444-9171
Meeting ID: 885 4670 4126
How to Submit Public Comment:

Comments may be provided in person at the physical meeting locations. Comments may be submitted in writing to [email protected]. For detailed public comment instructions, please visit this page. Please note that live remote public comment will not be taken unless required by Government Code section 54953.8.3. If required, it will be announced by the Chair. Members of the public should attend in person or provide written comment to ensure they can provide public comment.

For written comments, state the agenda item number that you are commenting on and limit to 300 words. Written comments received prior to the meeting and/or the agenda item you wish to comment on will be read into the record up to 300 words. Written comments may be provided during the meeting.

DISABLED ACCOMMODATION: If you have a disability which requires an accommodation or an alternative format, please contact the Clerk of the Board at (707) 757-9417, or by email at [email protected] as soon as possible to ensure arrangements for accommodation.

For further clarification on any of the items listed please contact (855) 202-2139 and staff will be available to assist.

Agenda Page 1 of 3
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Staff recommendations are guidelines to the Board. On any item, the Board may take action which varies from that recommended by staff.

CALL TO ORDER
(Any private remote meeting attendance will be noticed or approved at this time)

BOARD OF DIRECTORS CONSENT CALENDAR

1. Approve July 2, 2026, Draft Board of Directors Meeting Minutes (Staff Recommendation:

Approve)

2. Receive Monthly Financial Report (Staff Recommendation: Receive and File)

3. Receive Geothermal Opportunity Zone Update (Staff Recommendation: Receive and File)

4. Approve Changes to Financial Policy B1 – Chief Executive Officer Spending Authority to Authorize the Chief Executive Officer to Adopt, Amend, Interpret, and Administer a Staff Policy Governing the Purchase and Competitive Sourcing of Non-Power Goods and Services (Staff Recommendation: Approve)

BOARD OF DIRECTORS REGULAR CALENDAR

5. Receive Internal Operations Report and Provide Direction as Appropriate (Staff Recommendation: Receive and File)

6. Receive Presentation on Evaluating Neighborhood-Scale Decarbonization in a Disadvantaged Community through Energy System Electrification (Staff Recommendation: Receive and File)

7. Receive Legislative and Regulatory Updates, Approve Legislative Positions, and Provide Direction as Appropriate (Staff Recommendation: Approve)

8. Approve and Delegate Authority to the Chief Executive Officer or His Designee to Execute a Three-Year Agreement with Ecology Action in the Amount Not-to-Exceed of $766,000 for EV Charging Technical Assistance Services (Staff Recommendation:

Approve)

9. Approve Proposed Generation Rate Reductions Effective September 1, 2026 (Staff Recommendation: Approve)

BOARD OF DIRECTORS MEMBER ANNOUNCEMENTS
(Directors may report on their activities since the last Board meeting, including any reports required by Gov’t Code Section 53232.3(d).)

PUBLIC COMMENT ON MATTERS NOT LISTED ON THE AGENDA
(Comments are restricted to matters within the Board’s jurisdiction. Please be brief and limit spoken comments to three minutes, or 300 words if written.)

CLOSED SESSION

10. Public Employee Performance Evaluation – Chief Executive Officer

11. Conference with Labor Negotiations – Agency Designated Representatives: Chair Barnacle and Vice Chair Elward; Unrepresented Employee: Chief Executive Officer pg. 5
pg. 11
pg. 23
pg. 27
pg. 31
pg. 33
pg. 37
pg. 41
pg. 45
pg. 49
pg. 51
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Staff recommendations are guidelines to the Board. On any item, the Board may take action which varies from that recommended by staff.

RECONVENE TO OPEN SESSION

12. Consider and Approve Annual Contract Goals for Chief Executive Officer and Potential pg. 53 Salary Adjustment (Staff Recommendation: Approve)

ADJOURN
Agenda Page 3 of 3
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COMMONLY USED ACRONYMS AND TERMS
CAC Community Advisory Committee
CAISO California Independent Systems Operator – the grid operator CCA Community Choice Aggregator – a community-owned public power provider CEC California Energy Commission
CleanStart SCP’s default power service
CPUC California Public Utilities Commission
DER Distributed Energy Resource
ERRA Energy Resource Recovery Account – one of PG&E’s rate cases at the CPUC EverGreen SCP’s 100% renewable, 100% local energy service, and the first service in the United States providing renewable power every hour of every day.

Geothermal A locally available, low-carbon baseload renewable resource GHG Greenhouse gas
GRC General Rate Case – one of PG&E’s rate cases at the CPUC GridSavvy GridSavvy Rewards are available to SCP customers for reducing household energy use to help California increase power reliability.

IOU Investor-Owned Utility - for-profit distribution utilities like PG&E IRP Integrated Resource Plan – balancing energy needs with energy resources JPA Joint Powers Authority
MW Megawatt is a unit of power and measures how fast energy is being used or produced at one moment.

MWh Megawatt-hour is a unit of energy and measures how much energy is used or produced over time.

NEM Net Energy Metering. NEM is a billing mechanism that credits solar energy system owners for the electricity they add to the grid.

PCIA Power Charge Indifference Adjustment – a fee charged by PG&E to all electric customers to ensure PG&E can pay for excess power supply contracts that it no longer needs.

RA Resource Adequacy – a required form of capacity that helps ensure there are sufficient power resources available when needed.

RPS Renewables Portfolio Standard refers to certain kinds of renewable energy which qualify to meet state requirements, including wind, solar, geothermal.

SCP Sonoma Clean Power
TOU Time of Use, used to refer to rates that differ by time of day 4 of 60

~ Sonoma ~ Clean Power
___________________________________________________________

DRAFT MEETING MINUTES

BOARD OF DIRECTORS MEETING
THURSDAY, JULY 2, 2026
9:00 A.M.

CALL TO ORDER
(9:01 a.m. - Video Time Stamp: 00:01:22)
Chair Barnacle called the meeting to order.

Board Members present: Chair Barnacle, Vice Chair Elward, Directors Lemus, Albin-Smith, Carter, Farrar-Rivas, Potter, Haschak, and Hopkins. Directors Laskey, and Stapp were absent.

Staff present: Geof Syphers, Chief Executive Officer; Garth Salisbury, Chief Financial Officer and Treasurer; Stephanie Reynolds, Director of Internal Operations; Carter Bell, Asset Manager; Neal Reardon, Director of Policy; Miles Horton, Legislative Policy & Community Engagement Manager; Brant Arthur, Program Manager; Karen Flores, Clerk of the Board; and Josh Nelson, Special Council

BOARD OF DIRECTORS CONSENT CALENDAR
(9:02 a.m. - Video Time Stamp: 00:02:12)

1. Approve June 4, 2026, Draft Board of Directors Meeting Minutes

2. Receive Geothermal Opportunity Zone Update
9:02 a.m. Director Hopkins entered the meeting
Public Comment: None
Motion to approve July 2, 2026, Board of Directors Consent Calendar by Director Farrar-Rivas
Second: Lemus
Motion passed by roll call vote
AYES: Lemus, Albin-Smith, Barnacle, Elward, Carter, Farrar-Rivas, Potter, Haschak
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Director Hopkins abstained from the vote on Item 1 but voted Yes on Item 2 ABSENT: Laskey and Stapp

BOARD OF DIRECTORS REGULAR CALENDAR

3. Receive Internal Operations Report and Provide Direction as Appropriate (9:04 a.m. - Video Time Stamp: 00:04:13)
Stephanie Reynolds, Director of Internal Operations invited up Carter Bell, Asset Manager, who announced SCP’s first “front of the meter” development within SCP territory. Geof Syphers, Chief Executive Officer, announced that Chief Operating Officer Michael Koszalka retired on June 30th and that the Business One Stop Shop (BOSS) had a soft launch opening on June 26th.

Public Comment: None

4. Receive Monthly Financial Report
(9:16 a.m. - Video Time Stamp: 00:16:04)
CEO Syphers announced that the financial report will be pulled off of the consent calendar on a regular basis to go deeper into SCP’s finances and announced that in a future meeting a vote to lower rates will come before the board. Garth Salisbury, Chief Financial Officer and Treasurer then gave a background on the rate stabilization fund, talked about SCP’s investments, and discussed SCP’s current and projected finances.

Public Comment: None

5. Receive Legislative and Regulatory Updates, Approve Legislative Positions, and Provide Direction as Appropriate
(9:53 a.m. - Video Time Stamp: 00:53:58)
Neal Reardon, Director of Policy, provided an update on the Power Charge Indifference Adjustment (PCIA) fee. Miles Horton, Legislative Policy & Community Engagement Manger provided an update on the California Forge funding and SCP’s sponsored bills.

Public Comment: None
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6. Approve and Delegate Authority to the Chief Executive Officer or His Designee to Execute a Three-Year Agreement with ev.energy for Managed EV Charging Services
(10:12 a.m. - Video Time Stamp: 01:12:20)
Brant Arthur, Program Manager, provided background on the daily managed EV charging pilot program and the proposed contract which would allow the pilot program to become a full program for SCP.

Public Comment: None
Motion to Approve and Delegate Authority to the Chief Executive Officer or His Designee to Execute a Three-Year Agreement with EV Energy for Managed EV Charging Services by Director Haschak
Second: Farrar-Rivas
Motion passed by roll call vote
AYES: Lemus, Albin-Smith, Barnacle, Elward, Carter, Farrar-Rivas, Potter, Haschak, Hopkins
ABSENT: Laskey and Stapp

BOARD OF DIRECTORS MEMBER ANNOUNCEMENTS
(10:31 a.m. - Video Time Stamp: 01:31:18)
Farrar-Rivas shared that the City of Sonoma passed its budget which included a scoping study for a shuttle from Sonoma to Smart. She also announced a successful Pride celebration. She recommended that people attend the July 4th parade. Albin-Smith announced Fort Bragg’s salmon BBQ, a fireworks display, the Mendocino parade, and a craft fair. Lemus announced Kid’s Day parade on 7/11 in Cotati.

Potter announced that Windsor has Kaboom, it’s Independence Day celebration on 7/3. Haschak shared Willits Frontier Day is on 7/4. Hopkins shared that the California Air Responses Board’s manufacturing decarbonization incentive includes geothermal as a possibility. Elward shared that Rohnert Park 4th of July event and Party on the Plaza every Friday. Barnacle shared Petaluma’s July 4th celebration, Petaluma’s music festival on July 25th.
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PUBLIC COMMENT ON MATTERS NOT LISTED ON THE AGENDA
(10:40a.m. - Video Time Stamp: 01:39:55)
Public Comment: Eugen Dunlap submitted a written comment in relation to the Sonoma Clean Power Customer Center; his comment is attached to these minutes.

ADJOURN
(10:41 a.m. - Video Time Stamp: 01:41:20)
The meeting was adjourned by unanimous consent.
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--
Karen Flores
Subject: RE: for your board
>
Sent: Thursday, June 25, 2026 10:34 PM
From: eugen <
To: Sonoma Clean Power Info <[email protected]> Subject: for your board
CAUTION:EXTERNALSENDER!
Thisemail was sent from an EXTERNAL source. Do you knowthis person? Are you expecting this email? Are you expecting any linksor attachments? If suspicious,do not click links, open attachments,or provide credentials. Don't delete it.Report it using the Phish Alert Report button.

Hello,
stopped by yesterday at your Customer Center, in downtown Santa Rosa. Was a littledisappointed about thedisplay - other than the waterheaters it was minimal.

A couple of yearsago I had alsostopped by and at that time youwerethe leader in showing all the alternativeways toremove fossil fuelsfrom the home or business. I had triedto convince mylocal Community Choice Aggregation to come up with a similardisplay.

I hadseen the SMUD 'electrichouse' at their HQ in Sacramento andthey werenot evenwhere you were in regard to actual product selection.

My experience with advisors was also notthebest.

Hope you can do better
greetings
eugen
eugen dunlap
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~ Sonoma ~ Clean Power
Staff Report – Item 02
To: Sonoma Clean Power Authority Board of Directors
From: Garth Salisbury, Chief Financial Officer & Treasurer Chris Golik, Senior Finance Manager
Jennifer Rafferty, Financial Analyst
Issue: Receive Monthly Financial Report
Date: August 6, 2026
Monthly Financial Report
The Financial Report is to inform the Board of Directors (Board) of monthly financial results and includes a summary of investments and investment activity in SCP’s portfolio. The Investment Report and associated attachments are to inform the Board pursuant to the requirements of SCP’s Financial Policy B.5 Investments and Government Code Section 53607. This is an informational item only.

Monthly Compiled Financial Statements (May 31, 2026)
The year-to-date change in fund balance is more than projections by approximately $8,685,000. Year-to-date revenue from electricity sales is less than budget by approximately 2% and cost of energy is under budget projections by approximately 5%. Year-to-date electricity sales reached $203,322,000.

SCP maintains a balanced portfolio by procuring electricity from multiple sources. Net position reached a positive $285,707,000. Approximately $324,252,000 is set aside for operating reserves as of June 30, 2025.

Other operating expenses continued near or slightly below planned levels for the year.

Budgetary Comparison Schedule (May 31, 2026)
The accompanying budgetary comparison includes the 2025/26 Amended Budget approved by the Board of Directors.
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The budget is formatted to make comparisons for both the annual and the year-to-date perspective. The first column, 2025/26 YTD Amended Budget, allocates the Board approved annual budget at expected levels throughout the year with consideration for the timing of additional customers, usage volumes, staffing needs etc. This column represents our best estimates, and this granular approach was not part of the Board approved budget.

Revenue from electricity sales to customers is under budget by less than approximately 2% at the end of the reporting period.

The cost of electricity was less than the budget-to-date by approximately 5%. Variation in this account is typically due to fluctuating market cost of energy on open position purchases as well as supplier delivery delays.

Major operating categories of Data Management fees and PG&E Service fees are based on the customer account totals.

In addition to the items mentioned above, SCP continues its trend of remaining near or under budget for most of its operating expenses.

Monthly Investment Report
This report is to verify and report in writing to the Board regarding the responsibilities designated to the SCP Treasurer pursuant to SCP Financial Policy B.5 Investments. The Investment Policy was amended in 2024 expanding the definition of Permitted Investments, adding several investment diversification requirements, best practices and requiring additional reporting requirements to the Board and stakeholders as follows.

Monthly Obligation to Report on New Investment Transactions Government Code Section 53607 and SCP’s Investment Policy require SCP to report to the Board and stakeholders any investment transactions (defined as purchases, sales, or exchanges of securities) made during the month as soon as is practicable after the end of the month. Given the scheduling of the SCP’s Board meetings during the first week of the month, the investment report will indicate investment transactions that occurred two months prior (June 2026).

SCP currently maintains bank accounts and investments at River City Bank (RCB), Summit State Bank, the State of California Local Agency Investment Fund (LAIF), USBank, and J.P.

Morgan. Active individual securities are held at RCB, USBank and J.P. Morgan. Staff will provide Statements of Investments as required throughout the year. 12 of 60

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Reportable Activities
USBank
In November of 2024, the Board approved amendments to SCP Investment Policy as recommended by SCP’s investment advisor, Chandler Asset Management (CAM). As of June 30th, CAM managed about $84 million of SCP’s reserves. All investments directed by CAM are held at SCP’s custodian, USBank. All investments held as of June 30, 2026, at USBank appear as Attachment 3 with new holdings purchased in June highlighted. USBank transaction details for the month of June, including sales and maturities of securities, are in Attachment 4. Additionally, the June 2026 account statement prepared by CAM is in Attachment 5.

River City Bank
A detailed statement of the investments held at River City Bank as of June 30, 2026, appears as Attachment 6. There were no investment transactions in the month of June at River City Bank.

State of California Local Agency Investment Fund
The LAIF investment balance as of June 30, 2026, appears as Attachment 7.

J.P. Morgan
The J.P. Morgan investment balance as of June 30, 2026, appears as Attachment 8.

Agency Goals
SCP’s Financial Report, and more broadly, its financial decisions, directly support two of the Agency’s 2026 goals.

1. Recommend and take all necessary actions to protect customers from rate shock in 2026.

2. Maintain SCP’s ‘A’ credit rating to support cost-effective power procurement.

Community Advisory Committee
The Financial Report is a monthly, information-only, item that requires no action. There were no questions nor feedback provided.
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Attachments
 Attachment 1 – May 2026 Financial Statements
 Attachment 2 – May 2026 Budgetary Statement
 Attachment 3 – June 2026 Statement of Investments Held at USBank, available at this link or by request to the Clerk of the Board
 Attachment 4 – June 2026 Statement of Transactions at USBank, available at this link or by request to the Clerk of the Board
 Attachment 5 – June 2026 USBank Account Statement prepared by CAM, available at this link or by request to the Clerk of the Board
 Attachment 6 – June 2026 Statement of Investments Held at River City Bank, available at this link or by request to the Clerk of the Board  Attachment 7 – June 2026 Statement of Investments Held at the Local Agency Investment Fund, available at this link or by request to the Clerk of the Board  Attachment 8 – June 2026 Statement of Investments Held at J.P. Morgan, available at this link or by request to the Clerk of the Board
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MAHER

ACCOUNTANCY
ACCOUNTANTS’ COMPILATION REPORT
1101 Fifth Avenue, Suite 200 San Rafael, CA 94901 415 459 1249 mahercpa.com Management
Sonoma Clean Power Authority
Management is responsible for the accompanying financial statements of Sonoma Clean Power Authority (a California Joint Powers Authority) which comprise the statement of net position as of May 31, 2026, and the related statement of revenues, expenses, and changes in net position, and the statement of cash flows for the eleven months 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.

Sonoma Clean 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
July 7, 2026
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SONOMA CLEAN POWER AUTHORITY

STATEMENT OF NET POSITION
As of May 31, 2026
ASSETS
Current assets
Cash and cash equivalents $ 222,874,688
Accounts receivable, net of allowance 6,421,662
Other receivables 4,290,626
Accrued revenue 7,135,500
Prepaid expenses 2,171,276
Loan receivable 35,163
Deposits 955,053
Investments 95,805,860
Total current assets 339,689,828
Noncurrent assets
Investments 82,508,090
Loan receivable 3,893,169
Other receivables 760,399
Capital assets, net of depreciation 23,340,850
Total noncurrent assets 110,502,508
Total assets 450,192,336

LIABILITIES
Current liabilities
Accrued cost of electricity 21,663,990
Accounts payable 1,059,928
Other accrued liabilities 1,958,748
User taxes and energy surcharges due to other governments 520,028 Supplier security deposits -
Total current liabilities 25,202,694
Noncurrent liabilities
Supplier security deposits 1,782,721
Total liabilities 26,985,415

DEFERRED INFLOWS OF RESOURCES
Rate stabilization fund 137,500,000

NET POSITION
Investment in capital assets 23,340,850
Unrestricted 262,366,071
Total net position $ 285,706,921
See accountants' compilation report. 2
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SONOMA CLEAN POWER AUTHORITY

STATEMENT OF REVENUES, EXPENSES

AND CHANGES IN NET POSITION
Eleven Months Ended May 31, 2026

OPERATING REVENUES
Electricity sales, net
Evergreen electricity premium
Liquidated damages
Grant revenue
Total operating revenues
$ 200,478,512
2,833,777
15,117,518
890,319
219,320,126

OPERATING EXPENSES
Cost of electricity
Contract services
Staff compensation
Program rebates and incentives
Other operating expenses
Depreciation
Total operating expenses
Operating income
151,391,390
8,630,586
11,492,532
2,157,405
2,760,128
1,075,592
177,507,633
41,812,493

NONOPERATING REVENUES (EXPENSES)
Investment income
Charitable contribution
Nonoperating revenues (expenses), net
14,297,223
(250,000)
14,047,223

CHANGE IN NET POSITION
Net position at beginning of year
Net position at end of period $
55,859,716
229,847,205
285,706,921
See accountants' compilation report. 3
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SONOMA CLEAN POWER AUTHORITY

STATEMENT OF CASH FLOWS
Eleven Months Ended May 31, 2026

CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers $ 219,882,691
Receipts from grantors 439,947
Receipts of security deposits and liquidated damages revenue 20,565,933 Receipts from wholesale sales and other operating activities 29,250,866 Payments to electricity suppliers (177,158,130)
Payments for other goods and services (13,016,024)
Payments for staff compensation (11,398,686)
Payments for program rebates and incentives (1,848,446) Payments of taxes and surcharges to other governments (2,909,682) Deposits and collateral paid (2,903,400)
Net cash provided (used) by operating activities 60,905,069

CASH FLOWS FROM CAPITAL AND RELATED

FINANCING ACTIVITIES
Purchases of capital assets (6,799,911)

CASH FLOWS FROM INVESTING ACTIVITIES
Investment income received 11,371,392
Proceeds from sales and maturities of investments 18,348,336 Loan principal received 3,651
Purchase of investments (33,937,832)
Loan issued (3,931,983)
Net cash provided (used) by investing activities (8,146,436) Net change in cash and cash equivalents 45,958,722
Cash and cash equivalents at beginning of year 176,915,966 Cash and cash equivalents at end of period $ 222,874,688

NONCASH INVESTING ACTIVITES
Change in fair value of investments $ 2,933,188
Change in interest receivable $ (7,357)
See accountants' compilation report. 4
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SONOMA CLEAN POWER AUTHORITY

STATEMENT OF CASH FLOWS
(Continued)
Eleven Months Ended May 31, 2026

RECONCILIATION OF OPERATING INCOME (LOSS) TO NET

CASH PROVIDED (USED) BY OPERATING ACTIVITIES
Operating income (loss) $ 41,812,493
Adjustments to reconcile operating income to net
cash provided (used) by operating activities:

Depreciation expense 1,075,592
Charitable contributions considered an operating
activity for cash flow purposes only (250,000)
(Increase) decrease in:

Accounts receivable, net of allowance 8,290,406
Other receivables 2,178,473
Accrued revenue 5,494,465
Prepaid expenses (646,271)
Deposits 5,619,699
Increase (decrease) in:

Accrued cost of electricity 3,826,768
Accounts payable (627,382)
Other accrued liabilities (1,749,270)
User taxes due to other governments (124,151)
Supplier security deposits (3,995,753)
Net cash provided (used) by operating activities $ 60,905,069 See accountants' compilation report. 5
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MAHER

ACCOUNTANCY
ACCOUNTANTS’ COMPILATION REPORT
1101 Fifth Avenue, Suite 200 San Rafael, CA 94901 415 459 1249 mahercpa.com Board of Directors
Sonoma Clean Power Authority
Management is responsible for the accompanying Budgetary Comparison Schedule for the Operating Fund of Sonoma Clean Power Authority (a California Joint Powers Authority) for the eleven months ended May 31, 2026, 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 Sonoma Clean Power Authority.

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.

We are not independent with respect to the Authority because we performed certain accounting services that impaired our independence.

Maher Accountancy
San Rafael, CA
July 7, 2026
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SONOMA CLEAN POWER AUTHORITY

BUDGETARY COMPARISON SCHEDULE - OPERATING FUND
Eleven Months Ended May 31, 2026
2025/26 YTD
2025/26 YTD Amended Budget 2025/26 YTD 2025/26
Amended 2025/26 YTD Variance (Under) Actual / Amended Amended 2025/26 Amended Budget Actual Over Budget % Budget Budget Remaining
REVENUE AND OTHER SOURCES:

Electricity (net of allowance) * $ 203,790,345 $ 200,488,389 $ (3,301,956) 98% $ 221,379,000 $ 20,890,611 Evergreen Premium (net of allowance) 2,891,096 2,833,777 (57,319) 98% 3,150,000 316,223 CEC Grant Proceeds 778,624 890,319 111,695 114% 863,000 (27,319) Investment returns 14,794,151 14,297,223 (496,928) 97% 15,994,000 1,696,777 Total revenue and other sources 222,254,216 218,509,708 (3,744,508) 98% 241,386,000 22,876,292 EXPENDITURES AND OTHER USES: CURRENT EXPENDITURES
Cost of energy and scheduling 143,917,864 136,283,749 (7,634,115) 95% 162,463,000 26,179,251 Data management 3,078,549 3,063,905 (14,644) 100% 3,359,000 295,095 Service fees- PG&E 907,975 913,035 5,060 101% 990,000 76,965 Personnel 11,656,729 11,492,532 (164,197) 99% 12,781,000 1,288,468 Marketing & communications 3,963,449 2,568,545 (1,394,904) 65% 4,415,000 1,846,455 Customer service 200,804 162,966 (37,838) 81% 220,000 57,034 General and administration 2,081,442 1,788,544 (292,898) 86% 2,309,000 520,456 Legal 492,871 416,224 (76,647) 84% 525,000 108,776 Regulatory and compliance 305,142 139,411 (165,731) 46% 360,000 220,589 Accounting 314,700 314,200 (500) 100% 340,000 25,800 Legislative 199,667 211,000 11,333 106% 220,000 9,000 Other consultants 502,307 406,640 (95,667) 81% 535,000 128,360 Industry memberships and dues 821,936 971,568 149,632 118% 888,000 (83,568) Program implementation 5,650,814 2,842,081 (2,808,733) 50% 6,481,000 3,638,919 Total current expenditures 174,094,249 161,574,400 (12,519,849) 93% 195,886,000 34,311,600

OTHER USES
Capital outlay 6,796,269 6,886,320 90,051 101% 7,022,000 135,680 Total expenditures, other uses 180,890,518 168,460,720 (12,429,798) 93% 202,908,000 34,447,280 Net increase (decrease) in available fund balance $ 41,363,698 $ 50,048,988 $ 8,685,290 $ 38,478,000 $ (11,570,988) * Represents sales of approximately 1,842,000 MWh for 2025/26 YTD actual.

Balance - as of Long-Term % of Long-Term
RESERVES June 30, 2025 Targeted Target
Reserves and Rate Stabilization Funds $ 324,252,000 $ 267,909,000 121% See accountants' compilation report. 2
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SONOMA CLEAN POWER AUTHORITY

BUDGETARY COMPARISON SCHEDULE - OPERATING FUND (CONTINUED)

RECONCILIATION OF NET INCREASE IN AVAILABLE FUND BALANCE

TO CHANGE IN NET POSITION
Eleven Months Ended May 31, 2026
Net increase (decrease) in available fund balance
per budgetary comparison schedule: $ 50,048,988
Adjustments needed to reconcile to the
changes in net position in the
Statement of Revenues, Expenses
and Changes in Net Position:

Subtract depreciation expense
Add back capital asset acquisitions
Change in net position $
(1,075,592)
6,886,320
55,859,716
See accountants' compilation report. 3
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~ Sonoma ~ Clean Power
Staff Report – Item 03
To: Sonoma Clean Power Authority Board of Directors
From: Ryan Tracey, Chief Strategy Officer
Geof Syphers, Chief Executive Officer
Miles Horton, Legislative Policy & Community Engagement Manager Claudia Sisomphou, Director of Community & Governmental Relations Issue: Receive Geothermal Opportunity Zone Update
Date: August 6, 2026
Background
The Geothermal Opportunity Zone (GeoZone) is SCP’s initiative to secure affordable, reliable clean energy for our customers by building 600 megawatts of new geothermal power capacity in Sonoma and Mendocino Counites. This will eventually enable SCP to phase out its dependence on natural gas power plants for reliability. The Community Advisory Committee (Committee) meetings are a regularly scheduled public forum for the community to receive updates and provide input on the GeoZone. The updates provided to the Committee each month, and minutes from any discussion are posted on SCP’s website at https://sonomacleanpower.org/geozone-public-updates. Staff incorporate any feedback received from the Committee presentation into the monthly updates to the Board of Directors. Additional background on the GeoZone can be found on the GeoZone webpage at https://sonomacleanpower.org/geozone.

Partner Updates
Staff held ten “GeoZone 2.0 pitch” meetings with prospective GeoZone partners through the month of July and have scheduled several more in early August. In all the meetings thus far, staff have been pleased to see significant enthusiasm from industry on the opportunity of pursuing GeoZone partnerships. SCP’s recent success in securing $10 million in state funding for early geothermal exploration and appraisal have been especially helpful in demonstrating the type of support SCP can deliver. In August, staff will be asking interested developers to participate in workshop meetings to discuss specific areas of alignment and opportunities for coordination. Any new GeoZone 23 of 60

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partnerships that arise from these workshop discussions will be subject to Board approval.

There are no significant updates to share on SCP’s GeoZone partnership with Eavor.

Eavor’s next milestones are a comprehensive assessment of strategies for securing site control by the end of 2026 and obtaining commitment from a third-party project investor by March 31, 2027. At the end of May, Eavor released a detailed technical update on the performance of its project in Geretsried, Germany (link here). Performance from the project validates the thermodynamic modeling for their system but is much lower than expected due to execution challenges. Eavor has captured lessons learned from the project and evolved its technology roadmap to work towards scalable and economic development in the GeoZone.

Integrated Energy Policy Report
The California Energy Commission (CEC) held two all-day workshops on in-state geothermal development as part of its 2026 Integrated Energy Policy Report (IEPR):
one on June 19th and another on July 9th. SCP was invited to speak at the June 19th IEPR workshop to discuss its perspective on geothermal development as a load-serving entity, including the role geothermal plays in the state’s Integrated Resource Plan and infrastructure needs (link to presentation). SCP Board Member and Sonoma County Supervisor Lynda Hopkins was also invited to speak on July 9th to share her perspective as a local elected official and first-hand experience in visiting Fervo Energy’s Cape Station project in Utah (link to presentation). Other speakers included energy system modelers, tribal entities, experts in local and community engagement, permitting agencies, and developers. Following the workshop, SCP submitted comprehensive comments on the workshop to steer the IEPR report towards identifying policy opportunities that are aligned with the needs SCP has identified through its work with industry in the GeoZone and California Community Power’s (CC Power) geothermal partnerships (link to comments).

California Public Utilities Commission (CPUC) Busbar Mapping In June, the CPUC provided draft updates to its methodology for busbar mapping for the 2027-2028 transmission plan. The CPUC’s busbar mapping methodology includes the assumptions and process its staff uses for representing the location of resources needed to meet the state’s future electricity system needs. The CPUC’s busbar mapping directly informs the transmission upgrades the California Independent System Operator (CAISO) evaluates in its annual transmission planning process (TPP). In last year’s CPUC resource plan, SCP was pleased to see a significant increase in the scale of geothermal resources and successfully advocated for the CPUC to map more 24 of 60

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resources in-state. In a frustrating reversal, the staff’s June update is proposing representing no new geothermal in California for a period of ten years. Meanwhile, staff are including a prospective new transmission line to Utah that they aggressively assume could be online by 2032 to deliver 2 gigawatts (GW) of geothermal capacity. Given that tax credits for geothermal are set to phase-out starting in 2034, the likely result of these modeling changes is that the state’s geothermal needs will be predominately met by out-of-state resources—which are assumed to have access to both transmission and tax credits.

SCP both met with IRP staff and submitted well-documented comments in reply to the proposal to push back on the CPUC’s proposed modeling adjustments. SCP also coordinated with a coalition of other stakeholders in amplifying its opposition to the proposed changes. Meanwhile, SCP plans on using the CPUC’s proposal for advocacy in Sacramento to demonstrate the urgency and need for additional supportive policies, such as the proposed CEQA exemption for exploratory drilling.

Proactive Planning Sonoma-Lake-Mendocino Geothermal Planning Grant SCP, Sonoma County, and Mendocino County were awarded a grant to support proactive regional planning for geothermal development by the CEC. A key activity in July for the grant was documenting best practices for geothermal permitting from other agencies with active geothermal development. The grant team has organized meetings with the Bureau of Land Management (BLM), Imperial County, and state agencies in Nevada and Utah. These meetings have been incredibly informative in guiding not only opportunities for local planning agencies but also guiding priorities for improving permitting support through SCP’s advocacy in the legislature and at state agencies.

Agency Goals
The GeoZone activities are directly related to the 2026 agency goal to continue progress on the GeoZone, which SCP sees as a key initiative in supporting deployment of technology that will be critical to meeting long-term climate goals, addressing affordability, and providing reliability while creating local economic opportunities.

Attachments
 None.
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Staff Report – Item 04
To: Sonoma Clean Power Authority Board of Directors
From: Geof Syphers, Chief Executive Officer
Stephanie Reynolds, Director of Internal Operations
Sarah Smith, Internal Operations Specialist II
Issue: Approve Changes to Financial Policy B1 – Chief Executive Officer Spending Authority to Authorize the Chief Executive Officer to Adopt, Amend, Interpret, and Administer a Staff Policy Governing the Purchase and Competitive Sourcing of Non-Power Goods and Services Date: August 6, 2026
Recommendation
Staff recommend that the Board of Directors approve changes to the Financial Policy B.1 - CEO Spending Authority to authorize the Chief Executive Officer to adopt, amend, interpret, and administer a staff policy governing the purchase and competitive sourcing of non-power goods and services.

Background
The SCP Board of Directors authorized a CEO spending authority at the inception of the agency and have made periodic updates. SCP’s Financial Policy B.1 establishes the CEO’s spending authority for non-power procurement expenditures. The policy currently authorizes expenditures within specified limits and requires certain notifications and reporting for non-power procurement purchases that exceed $250,000.

The proposed amendment clarifies that the delegated authority expressly includes purchasing and sourcing by adding a new section to Policy B.1 titled “Purchasing and Sourcing Staff Policy.” This section would expressly authorize the CEO to adopt, amend, interpret, and administer a staff policy governing the purchase and competitive sourcing of non-power goods and services, including solicitation methods and thresholds, vendor evaluation and selection, documentation requirements, and exceptions to competitive sourcing.
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Discussion
The proposed amendment is intended to support consistent and transparent administration of SCP’s non-power purchasing and sourcing practices. A staff-level purchasing and sourcing policy would provide operational guidance for solicitation methods, competitive sourcing thresholds, vendor evaluation and selection, documentation standards, and appropriate exceptions, while allowing the organization to update administrative procedures as needed.

The proposed staff policy must remain consistent with applicable law, the approved budget, and Board-adopted policies. The amendment also clarifies that nothing in the staff policy may expand the CEO’s expenditure, contracting, or signature authority under Policy B.1.

Fiscal Impact
None.

Agency Goals
The restated Policy B.1 indirectly supports two of the Agency’s 2026 goals by providing structure and clarity for SCP staff so that they will continue to responsibly and equitably source goods and procure services in a fiscally responsible manner.  Recommend and take all necessary actions to protect customers from rate shock in 2026 (Goal #1).
 Improve SCP’s capability to combat the regulatory erosion of SCP’s existing powers and abilities to cost-effectively provide clean power and services (Goal #8).

Attachments
 Attachment 1 – Restated Financial Policy B.1 – CEO Spending Authority (redline version showing proposed change)
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Financial Policy B.1
CEO Spending Authority
Power procurement expenditures are governed by Policy C.1 Energy Risk Management. For all other expenditures, the CEO is authorized to make expenditures without prior Board of Directors or Community Advisory Committee review or approval provided that:

1. The total annual dollar amount/cost or the purchase or contract does not exceed $250,000 AND the expenditure will not result in exceeding the annual amount currently budgeted and approved in the applicable category;
requirements, and exceptions to competitive sourcing. Any such staff policy must be consistent with applicable law, the approved budget, and Board-adopted policies. Nothing in the staff policy may expand the CEO’s expenditure, contracting, or signature authority under this Policy.

2. The expenditure is consistent with all adopted Board policies;

3. The Board Chair and Vice Chair, and the Community Advisory Committee Chair are notified immediately following any non-power procurement purchases that exceed $250,000;

4. The expenditure is in the best interests of Sonoma Clean Power's customers; and

5. All expenditures in excess of $250,000 are reported at the next Board meeting.

In addition, the CEO is authorized to make any fee, bond or collateral posting required to comply with federal or state regulatory or other legal requirements. Any fee, bond or collateral posting whose value exceeds the CEO's expenditure authority in this Policy shall be reported at the next Board meeting.

Purchasing and Sourcing Staff Policy. The CEO is authorized to adopt, amend, interpret, and administer a staff policy governing the purchase and competitive sourcing of non-power goods and services, including solicitation methods and thresholds, vendor evaluation and selection, documentation Adopted: June 5, 2014
Amended: April 7, 2016, April 1, 2021, October 7, 2021, April 4, sonomacleanpower .org 2024, July 10, 2025, August 6, 2026
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Staff Report – Item 05
To: Sonoma Clean Power Authority Board of Directors
From: Stephanie Reynolds, Director of Internal Operations Issue: Receive Internal Operations Report and Provide Feedback as Appropriate
Date: August 6, 2026

UPCOMING TRADE-RELATED WORKSHOPS AT THE CUSTOMER CENTER Saturday August 8 9:30am - 12:30pm USGBC-CA Wildfire Defense for Construction Professionals (Public, Free)
Join USGBC California for a hands-on training designed for construction professionals looking to reduce wildfire risk in homes and communities. Participants will learn practical strategies for home hardening, defensible space, fire-wise building materials, landscape design, maintenance practices, and post-fire recovery, culminating in an opportunity to earn a Wildfire Defense Certificate.

This is best for: builders, contractors, remodelers, architects, and other construction industry professionals interested in wildfire resilience and community safety Registration Link: https://www.eventbrite.com/e/wildfire-defense-certificate-for-construction-professionals-santa-rosa-tickets-1993718720362?keep_tld=true Wednesday September 16 5:30pm - 8:00pm Bay Area Air District Zero-Emission Appliance Rule Workshop (Public, Free)
Join Sonoma Clean Power, the Building Decarbonization Coalition (BDC), and industry partners for a practical workshop on the upcoming Zero-Emission Appliance Rule (Rule 9-6) and how it will impact residential water heater replacements beginning in 2027. Contractors and plumbers will learn about heat pump water heater solutions, installation considerations, space-constrained applications, licensing requirements, and available rebates and incentives. The session includes expert presentations, Q&A, networking opportunities, and free food.

This is best for: Plumbers, HVAC contractors, general contractors, and trade professionals preparing for the transition to zero-emission water heating. 31 of 60

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Registration Link: https://www.eventbrite.com/e/bay-area-air-district-zero-emission-appliance-rule-workshop-tickets-1994365306318?aff=oddtdtcreator Two other upcoming public events at the Customer Center (more details to be posted on the SCP website, when available):
• California Homemakers Association Back-to-School Supply Distribution Day • Master Food Preservers "Gifts from the Kitchen" class Upcoming Meetings
• Community Advisory Committee – August 20, 2026 (tentative) • Board of Directors – September 3, 2026 (tentative)
• Community Advisory Committee – September 17, 2026
• Board of Directors – October 1, 2026
Agency Goals
This Internal Operations update, which is provided monthly to the Board of Directors and Community Advisory Committee provides background on how all SCP staff support several Agency Goals, such as taking actions to protect customers, working on outreach to underrepresented communities, and maintaining a strong credit rating.

We work to support our Board, Committee and all internal staff in their various work.

Attachments
 None.
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Staff Report – Item 06
To: Sonoma Clean Power Authority Board of Directors
From: Adam Jorge, Senior Decarbonization Policy Manager Scott Salyer, Senior Program Manager, Decarbonization Strategy Megan Baker, Bren School of Environmental Science & Management Nic DeStephano, Bren School of Environmental Science & Management Allison Larko, Bren School of Environmental Science & Management Ella Moore, Bren School of Environmental Science & Management Scott Schwartz, Bren School of Environmental Science & Management Issue: Receive Presentation on Evaluating Neighborhood-Scale Decarbonization in a Disadvantaged Community through Energy System Electrification
Date: August 6, 2026
Recommendation
Receive a presentation overviewing the findings from a collaborative research initiative between Sonoma Clean Power and University of California, Santa Barbara’s Bren School of Environmental Science and Management.

Background
California's climate goals require rapid electrification of buildings and transportation, yet knowledge about how this transition will affect communities on the neighborhood scale is limited. To contribute to addressing this gap, Sonoma Clean Power (SCP) partnered with the University of California, Santa Barbara’s Bren School of Environmental Science and Management to develop a comprehensive community-scale electrification model using Roseland, Santa Rosa's only SB 535-designated Disadvantaged Community, as a case study.

This study represents a novel approach to neighborhood-scale decarbonization analysis. While prior research has generally evaluated individual sectors in isolation, this analysis evaluates the combined impacts of electrification across buildings and transportation within a single community. The resulting methodology is designed to be 33 of 60

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replicable across SCP's service territory and other California jurisdictions seeking to better understand the local implications of state climate policy.

While this study does not propose a tangible electrification project or indicate likelihood of future projects in the region, its focus enables SCP to understand the universe of barriers, opportunities, challenges and impacts that state-driven electrification policies place on lower-income households, disadvantaged communities, and vulnerable customers.

Research Objectives
The transition from fossil fuels to lower-carbon electricity offers significant opportunities to reduce energy-related greenhouse gas emissions, support state carbon neutrality targets, and reduce future climate change risks.

This study intends to bridge gaps between high-level energy transition policy mandates and local implementation to:
• Evaluate how neighborhood-scale electrification decreases gas use, shifts electric load, and introduces technical and operational challenges for residential, commercial, and transportation sectors.
• Implement a replicable and generalizable community-scale electrification model that quantifies the financial and environmental impacts of scaled electrification. • Assess the needs, barriers, and impacts particular to Roseland, as a disadvantaged community, to inform targeted policy recommendations. • Generate evidence-based recommendations to support decarbonization planning in the areas of policy, programs, and future research initiatives.

Results
Results indicate that widespread electrification would produce substantial greenhouse gas reductions but introduces increased switching and ongoing operational costs to customers in scenarios where the cost of electricity remains high.

Full electrification of residential and transportation sectors, combined with partial commercial building electrification, would avoid approximately 86,156 metric tons of CO₂e emissions annually. This reduction is equivalent to removing more than 20,000 gasoline-powered vehicles from the road.

Transportation electrification emerged as the largest source of emissions reductions, accounting for nearly two-thirds of total avoided emissions. The findings suggest that vehicle electrification, supported by charging infrastructure and favorable electricity 34 of 60

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rates, may represent the single most effective strategy for reducing community-wide emissions in disadvantaged communities similar to Roseland.

Community-wide electricity consumption more than doubles under several modeled scenarios and introduces new winter peak loads associated with electric space heating.

This analysis projects that the distribution substations serving Roseland would exceed rated capacities under full electrification. This highlights the need for proactive distribution planning, managed charging strategies, and distributed energy resources to avoid or defer costly infrastructure upgrades.

Affordability remains one of the most significant barriers to implementation. Although electrification reduces spending on gasoline and natural gas, many households are projected to experience higher electricity costs. Results demonstrate that customer outcomes are highly sensitive to appliance efficiency, electric rate selection, and EV charging behavior. Switching to electrification-focused rates and managed charging programs can significantly reduce operating costs and improve the economic case for adoption, though modeling projects likely cost increases under current rate structures.

Discussion & Next Steps
The findings underscore a central challenge facing California's energy transition:
achieving deep emissions reductions while maintaining affordability and reliability for the communities most vulnerable to rising energy costs. Addressing this challenge will require coordinated investment in customer incentives, equitable financing mechanisms, grid infrastructure, and demand-flexibility programs.

Sonoma Clean Power intends to leverage these findings to deepen research and augment its understanding of decarbonization policies across its service area and the State. By fully understanding the scope of these challenges, SCP ultimately aims to inform its advocacy, program design, and strategic planning efforts. This approach enables the agency to better design solutions and engagements to reduce barriers to electrification and decarbonization in the immediate and long-term.

Staff propose two specific next steps for a future Board meeting:

1. Discuss the study results in the context of prioritizing future SCP advocacy toward making neighborhood-scale electrification more economic, attractive and effective.

2. Discuss how SCP could continue to contribute to public-interest research over time through similar studies and publish fundings under the SCP Energy Lab name.
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Fiscal Impact
None.

Agency Goals
This item supports:

Agency Goal #2 (Continue to Advance Equity) by preparing SCP to support vulnerable customers as they navigate the energy transition and advocate for equitable transition pathways.

Agency Goal #6 (Support implementation of building electrification policies) by researching the challenges, barriers, and opportunities of scaled electrification and informing actions to ensure successful implementation.

Community Advisory Committee Review
This presentation has not yet been provided to the Community Advisory Committee.

Attachments
 Attachment 1 – Research Brief and California Policy Implications from:

Evaluating Neighborhood-Scale Decarbonization in a Disadvantaged Community through Energy System Electrification, available at this link or by request to the Clerk of the Board
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Staff Report – Item 07
To: Sonoma Clean Power Authority Board of Directors
From: Neal Reardon, Director of Policy
Adam Jorge, Senior Decarbonization Policy Manager
Miles Horton, Legislative Policy and Community Engagement Manager Geof Syphers, Chief Executive Officer
Issue: Receive Legislative and Regulatory Updates, Approve Legislative Positions, and Provide Direction as Appropriate
Date: August 6, 2026
Requested Action
Receive legislative and regulatory updates, approve legislative positions, and provide direction as appropriate.

Regulatory Updates
CalCCA Appeals 3rd District Court Decision at Supreme Court As previously reported, on June 25th, the 3rd District Court of Appeals summarily denied CalCCA’s Petition for Writ of Review of the CPUC’s decision applying the Resource Adequacy Market Price Benchmark changes retroactively to the 2025 true-up. This retroactive change reduced the financial credit owed to CCA customers by the utilities by blending in older, lower-priced contracts with current market price contracts. The result was a statewide cost shift of several hundred million dollars from CCA customers to PG&E bundled customers. CalCCA estimates that statewide this decision shifted more than $1 billion onto CCA customers.

While the 3rd District Court of Appeals provided no reasoning for their denial, they are historically reluctant to overturn agency decisions without explicit evidence that agency violated their own process or the law. On July 6th, CalCCA appealed this decision with the State Supreme Court. CalCCA issued a press release on July 21, 2026, describing the appeals as making one central argument: “the CPUC has repeatedly changed the rules mid-course in ways that benefit investor-owned utilities’ customers at the expense of CCA customers.”
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CPUC Approves Framework for Senate Bill 1221 Neighborhood Decarbonization Pilot Projects
On July 2nd, the CPUC approved a Proposed Decision establishing the application process for gas corporations proposing neighborhood decarbonization projects. In implementing SB 1221, the Decision authorizes – but does not require – gas corporations to file applications for pilot projects. A total of 30 voluntary projects will be allocated across PG&E, SDG&E, Southern California Gas Company, and Southwest Gas Corporation based on their respective share of demand. Each pilot must both enable decommissioning of gas infrastructure while providing net cost savings. There is no restriction on the location of size of pilot areas, though at least 67 percent of property owners within the area must consent.

Gas corporations are required to replace customers’ existing natural gas appliances with electric ones with no cost and may allow for customers to choose from a menu of appliance options. Additional infrastructure to support all-electric service (e.g., energy efficiency, smart devices, more efficient HVAC) may be provided in conjunction with the core fuel-switching envisioned in the pilots. To holistically reduce costs, corporations are required to leverage any relevant programs or applicable funding sources. Engagement with local entities such as CCAs is required, and the Proposed Decision requires applications to document outreach efforts and resulting responses. The first round of applications – of which 7 will be in PG&E territory – are due April 1st, 2027.

Legislative Updates
Sonoma Clean Power staff are continuing to work on our four sponsored legislative efforts this year as the 2025-2026 legislative session approaches its end on August 31. Our four ongoing efforts are:
• Another attempt to exempt geothermal exploration wells meeting a high standard of environmental, labor, and tribal resource and cultural protections from review under the California Environmental Quality Act. Federal policy already exempts these types of wells from environmental review under the National Environmental Policy Act, putting California at a significant competitive disadvantage. This bill is similar to AB 527, which was vetoed last year. (Assemblymember Diane Papan has also introduced AB 2234, which makes modest but beneficial changes to the definition of “geothermal exploration” that are helpful to in-state development with or without this effort.)
• Securing $40 million in state funding for new geothermal exploration wells in areas of California that have high potential for next-generation geothermal development, likely including Sonoma and Mendocino Counties. The goal would be to develop better geologic data for these areas and lower the risk of future geothermal projects, similar to how the federal government’s “Utah FORGE” project galvanized new development 38 of 60

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in that region. Our coalition has already secured $10 million in General Fund dollars for this cause, and we will continue to make the case for the remaining $30 million. • AB 2111 (Papan), which aims to revamp the transmission planning process in California to produce a more flexible, adaptable system that can lower ratepayer costs over the long term and allow faster interconnection of new renewable energy resources. This is based off the research that SCP and Peninsula Clean Energy sponsored through Princeton University’s ZERO Lab. At the time of writing, this legislation is awaiting a vote on the “suspense file” in the Senate Appropriations Committee, which will come in mid-August. If it passes that stage, it will then receive final votes on both the Senate and Assembly floors before going to the Governor’s desk in September for signature or veto.
• AB 2369 (Rogers), which updates the transmission planning process to allow planners to get more value out of so-called “energy-only” resources already on the system that are not fully deliverable. The goal is to drive planning based on current and proposed resources that are (or will be) connected to the grid and get more value out of the grid that we have today in the process. At the time of writing, this bill is also on the Senate Appropriations Committee “suspense file.”
Both AB 2111 and AB 2369 are co-sponsored by the Abundance Network. AB 2111 is also co-sponsored by Peninsula Clean Energy.

Agency Goals
Our legislative efforts align well with several agency goals, including advancing clean firm power such as geothermal (Goal 4) and continuing to develop SCP’s leadership in the realm of transmission and interconnection (Goal 10).

Attachments
 Attachment 1 – CalCCA Press Release, available at this link or by request to the Clerk of the Board
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Staff Report – Item 08
To: Sonoma Clean Power Authority Board of Directors
From: Brant Arthur, Programs Manager
Connor Wolf, Programs Specialist
Issue: Approve and Delegate Authority to the Chief Executive Officer or His Designee to Execute a Three-Year Agreement with Ecology Action in the Amount Not-to-Exceed of $766,000 for EV Charging Technical Assistance Services
Date: August 6, 2026
Recommendation
Staff requests the Board of Directors approve and delegate authority to the Chief Executive Officer or his designee to execute an agreement with Ecology Action for EV charging technical assistance services at commercial properties in Sonoma Clean Power (SCP) territory, for a term of three years from the date of execution, with a not-to-exceed amount of $766,000.

Background
On November 3, 2022, the Board of Directors directed staff to pursue a Workplace Electric Vehicle Charging Research Project by inviting local employers to host grid-enabled EV chargers. The goal was to determine how to deliver a cost-effective workplace charging program that supports grid reliability while prioritizing access for disadvantaged and low-to-moderate income (LMI) employees who cannot charge at home. Workplace charging shifts charging into daytime hours when solar generation is abundant and extends charging access to employees who live in apartments and rental housing.

Following a competitive RFP, the Board approved an agreement with Alternative Energy Systems Consulting, Inc. (AESC) in August 2023 to assess up to 10 workplace sites.

The first phase (2023 to 2024) targeted 10 to 20 charging ports at larger sites, but cost, permitting, and corporate approval barriers slowed all sites except Straus Family Creamery. This led to a 2025 pivot to a competitive application process for smaller, 41 of 60

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standardized four-charger installations, retaining the same rebate and technical assistance.

Discussion
Across the two phases, SCP assessed 12 sites. Four are fully operational (Straus Family Creamery, Sonoma Academy, Jordan Winery, and Conservation Corps North Bay), and two more are in active development (Hopland Band of Pomo Indians and VCA Rohnert Park). The program has installed and energized 27 Level 2 ports, with 13 more expected from sites still in progress.

Every site exceeded 77% daytime charging (8 a.m. to 4 p.m.), compared to just 13% of energy used during daytime hours by customers charging at home. Workplace charging achieves this shift naturally, without scheduling or incentive payments used for managed charging programs.

In the employee surveys, 82% of respondents said workplace charging was important to them, and 43% said it would make them more likely to purchase an EV. Net cost to host sites after incentives ranged from $0 to $3,342.85 per charger. One remaining gap is EV rate awareness, as no participating site enrolled in the Business EV rate despite $4,000 to $12,400 in potential annual savings.

Lessons Learned
The second phase’s criteria-based application process, which required panel photos produced stronger site follow-through and allowed SCP to provide initial technical reviews in about 8 business days. Sharing draft site designs with customers before finalizing assessments reduced late revisions, and the smaller four-charger projects were more likely to reach completion.

Several remaining barriers are outside the program's direct control. Electrical service upgrades requiring new panels or transformers remain the single largest cost driver and depend on PG&E's timeline. Tribal government sites face funding cycles and council approval processes that do not always align with utility program deadlines, and some state funding sources prohibit stacking with CCA incentives.

Proposed New Technical Assistance Agreement
Rather than issue a new competitive solicitation, staff recommend adopting the same competitively procured contract structure used by Peninsula Clean Energy (now WestLight Energy) and Silicon Valley Clean Energy (SVCE). WestLight competitively procured Ecology Action for its EV Ready Program, and SVCE followed in 2026 with its 42 of 60

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own three-year contract. A clause in Ecology Action's agreement with WestLight requires it to extend comparable terms to other CCAs.

Ecology Action is a Santa Cruz-based nonprofit that implements energy and electrification projects in equity communities across California's multifamily and commercial sectors, including tens of millions of dollars in California Energy Commission multifamily REACH grants and providing technical assistance for PG&E's Multifamily and Small Business EV Charging Direct Install Program.

Building on the previous contract, the new agreement adds marketing to the one-on-one technical assistance, scaling the program to better serve host employers and multifamily residents while advancing SCP's grid reliability and emission reduction goals.

This structure also lowers costs as Ecology Action's technical assistance, excluding marketing and customer acquisition (not part of AESC's scope), comes to approximately $8,937 per evaluation ($536,200 for at least 60 assessments). That’s 24% below AESC's $11,800 per-site cost under its $118,000 agreement for 10 sites.

Fiscal Impact
The agreement has a not-to-exceed amount of $766,000 for the three-year term, covering Ecology Action's program administration, marketing, and technical assistance services. Customer rebates for charger hardware and installation remain budgeted separately and are included under SCP’s Customer Energy Solutions Fiscal Year 2026- 2027 budget. Future-year costs are contingent on Board approval of those budgets.

Agency Goals
This agreement supports SCP's transportation electrification goals by extending affordable EV charging access to workplace with a continued focus on disadvantaged communities, tribal governments, and nonprofits. The expanded technical assistance scope also positions newly installed chargers to be enrolled in the SCP Rewards managed charging program to further reduce impact on the grid during times of high grid stress.

The daytime charging pattern of workplace charging directly supports solar optimization and grid reliability goals. Workplace charging also directly supports SCP's 2026 Integrated Resource Plan, presented to the Board in June 2026, which sets a preferred-portfolio target of 400 megawatt-hours of daily load shifting by 2045 and anticipates a need to support at least 30 workplace chargers per year in SCP's territory to help meet that target.
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Community Advisory Committee Review
The Community Advisory Committee recommended the Board of Directors approve a three-year contract with Ecology Action with a not-to-exceed for $766,000. Committee members emphasized the value of workplace charging with solar generation alignment, access for EV intenders that may not have charging at home and selecting a mission-aligned vendor.

Attachments
 Attachment 1 – Professional Service Agreement with Ecology Action, available at this link or by request to the Clerk of the Board
 Attachment 2 – Ecology Action Contract Presentation Slides, available at this link or by request to the Clerk of the Board
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Staff Report – Item 09
To: Sonoma Clean Power Authority Board of Directors
From: Geof Syphers, Chief Executive Officer
Garth Salisbury, Chief Financial Officer & Treasurer
Chris Golik, Senior Finance Manager
Issue: Approve Proposed Generation Rate Reductions Effective September 1, 2026 Date: August 6, 2026
Recommended Action
Approve the proposed generation rate reductions shown in Attachment 1, effective September 1, 2026. The proposed rates are set so that SCP customer total bills are targeted to be equal to PG&E’s bundled service total bills.

Background
SCP’s goals with customer rate setting include:
• Protect customers from sudden large changes in rates; • Minimize rate changes in a given year to provide stability for customers; • Save customers money when we can, while still achieving progress on SCP’s climate goals;
• Maintain long-term cash reserves to 1) sustain SCP’s investment-grade credit rating, 2) ensure ability to secure affordable sources of energy and 3) seek to build and sustain the target balance of long-term cash reserves. Ample cash reserves allow SCP to provide adequate liquidity to survive extreme energy market conditions such as volatile energy prices or a significant increase in PG&E’s fees.

Recent Rate History
From its inception through early 2020, SCP consistently delivered lower customer bills than PG&E by setting electric generation rates sufficiently below PG&E’s rates to more than offset 45 of 60

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the Power Charge Indifference Adjustment (PCIA) that PG&E charges SCP customers. These lower rates generated tens of millions of dollars in customer bill savings since 2014.

Between May 2020 and March 2022, SCP customer bills were modestly higher than PG&E’s bundled service bills, with premiums reaching up to 5% of total electric bills. SCP eliminated this premium in April 2022 and, beginning February 1, 2023, targeted customer bills approximately 5% below PG&E’s bundled service. Total bill savings generally ranged from 3% to 7% through August 2025.

Effective September 1, 2025, SCP adjusted rates to target customer bills approximately 0.5% below PG&E in anticipation of a significant increase in PG&E’s PCIA charges in 2026. SCP reduced rates substantially in January 2026 to target customer bills approximately 3% above PG&E’s projected January rates. A subsequent adjustment in February 2026 corrected forecasting variances.

In addition to providing customer savings from 2022 through 2025, SCP strengthened its financial position by increasing its Rate Stabilization Fund and other reserves. These reserves provide flexibility to manage expected energy market volatility in 2026 and continued elevated PCIA costs in 2027 and beyond.

Staff projections are based on the best information currently available; however, the PCIA remains extremely difficult to forecast. The fee is influenced by PG&E operational and procurement decisions that are outside SCP’s control, including decisions regarding resource adequacy resources. In addition, PCIA calculation methodologies may change through regulatory proceedings, and the fee is highly sensitive to market prices for energy, capacity, and renewable energy credits, which fluctuate significantly with the commodity price of natural gas. Staff will continue to update the Committee and Board as new information becomes available.

Discussion
The Rate Stabilization Fund consists of revenues deferred for use in later periods to mitigate rate increases, stabilize financial results, and maintain rates that remain competitive with PG&E. Maintaining a stable relationship between revenues and expenses is viewed favorably by counterparties and credit rating agencies and supports SCP’s long-term financial strength.

The Rate Stabilization Fund has a balance of $137.5 million as of June 30, 2025. Revenues minus expenses (net revenues) during the first half of the fiscal year (July–December 2025) totaled $74 million. Despite significant rate reductions implemented in January and February 2026, which are returning approximately $5 million per month to customers, SCP is still 46 of 60

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projected to generate approximately $46 million in net revenues for the full fiscal year that recently ended June 30, 2026.

After year-end results are finalized and audited, staff expect to return to the Committee and Board with a recommendation to defer 100% of the past fiscal year’s net revenues into the Rate Stabilization Fund. Those funds would then be used to benefit customers through lower rates during the remainder of calendar 2026 and into 2027.

Although forecasts for PG&E generation rates and PCIA charges in 2027 remain uncertain, SCP’s Fiscal Year 2025–26 financial performance has exceeded the assumptions reflected in the Revised Budget approved by the Board on March 5, 2026. Staff believe these favorable results create an opportunity to eliminate SCP’s current rate premium relative to PG&E.

Reducing rates effective September 1, 2026, to target customer bills equal to PG&E’s bundled service bills is expected to return an additional $6 million to customers during calendar year 2026 compared with maintaining current rates.

Staff Recommendation
Staff recommend implementing the rates shown in Attachment 1, effective September 1, 2026, such that:
• SCP customer total bills are targeted to be equal to PG&E bundled service total bills through December 31, 2026, based on PG&E rates in effect as of March 1, 2026. • All rate classes are reset to provide the same percentage difference from PG&E bundled service total bills.

Agency Goals
This proposed rate reduction directly supports the following Agency goal for 2026:
• Recommend and take all necessary actions to protect customers from rate shock in 2026.

Community Advisory Committee Review
At their July 16, 2026, meeting, the Community Advisory Committee discussed and unanimously voted in favor of the Board approving the recommended rate changes. 47 of 60

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Fiscal Impact
Staff currently projects that the impact of reducing rates to equal to PG&E starting on September 1, 2026, will return approximately $6 million more deferred revenue to SCP customers in calendar 2026 compared to not changing rates.

Attachments
 Attachment 1 – Proposed SCP Rate Schedule Effective September 1, 2026, available at this link or by request to the Clerk of the Board
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~ Sonoma ~ Clean Power
Staff Report – Item 10
To: Sonoma Clean Power Authority Board of Directors
From: Brian Barnacle, Chair of the Board of Directors
Jackie Elward, Vice Chair of the Board of Directors
Josh Nelson, Special Counsel
Issue: Public Employee Performance Evaluation – Chief Executive Officer Date: August 6, 2026
There are no written materials for this item.
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~ Sonoma ~ Clean Power
Staff Report – Item 11
To: Sonoma Clean Power Authority Board of Directors
From: Brian Barnacle, Chair of the Board of Directors
Jackie Elward, Vice Chair of the Board of Directors
Josh Nelson, Special Counsel
Issue: Conference with Labor Negotiators – Agency Designated Representatives: Chair Barnacle, Vice Chair Elward; Unrepresented Employee: Chief Executive Officer
Date: August 6, 2026
There are no written materials for this item.
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~ Sonoma ~ Clean Power
Staff Report – Item 12
To: Sonoma Clean Power Authority Board of Directors
From: Brian Barnacle, Chair of the Board of Directors
Jackie Elward, Vice Chair of the Board of Directors
Geof Syphers, CEO
Josh Nelson, Special Counsel
Issue: Consider and Approve Annual Contract Goals for Chief Executive Officer and Potential Salary Adjustment
Date: August 6, 2026
Requested Actions
Approve a performance-based salary increase effective September 1, 2026, and approve a set of annual contract goals for CEO Syphers.

Salary Adjustment
Mr. Syphers’ contract provides for a 2.0% automatic annual increase in salary and provides guidance to the Board of Directors to provide an additional 3.0% increase based on good performance in achieving the Board’s adopted goals.

Review of Performance on the Board’s Goals from the Past Year Each year, the Board evaluates performance on its annual goals and sets new goals for the agency. Sonoma Clean Power enjoyed another strong year for Sonoma and Mendocino County customers, advancing clean energy and geothermal leadership across the region. Below are highlights of the year’s achievements.

Agency Goals for July 2025 through June 2026

1. Recommend and take all necessary actions to protect customers from rate shock in 2026.

SCP is on track to keep rates within 3% of PG&E through 2026, and staff will ask 53 of 60

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the Board to eliminate SCP’s rate premium entirely at the August meeting. This success rests on two actions.
a. Long range planning. SCP’s long-range planning for difficult years is paying off. Three years of concerted saving into reserves combined with reducing SCP’s bill discount from 7.0% down to 0.5% on September 1, 2025, allowed the agency build a total of $140 million in rate stabilization funds. That fund is now being used to keep rates competitive with PG&E through 2026 and 2027, with a majority of the fund expected to be returned to customers by the end of 2027.
b. Cost cutting. Starting in March of 2025, staff increased efforts to find cost savings in advance of a potentially difficult 2026. These measures included cost reductions ranging from small to large, such as trimming the advertising budget, tapering down the use of short-term hydropower, and re-engineering our office renovation to avoid an electric service upgrade for electrification. Staff also recommended to the Board ways to increase revenues without rate increases, including by extending the agency’s investment time horizon, securing CEC grant funding, generating lease income, and starting interest income on the BOSS loan.

2. Continue to advance equity for BIPOC, LGBTQI+, low-income, senior, youth and other underrepresented customers. Take an action that structurally orients SCP to this work over the long term.
a. Grant and Loan to the Business One-Stop Shop (BOSS). On the recommendation of the Board ad hoc committee, the full Board unanimously approved a grant and loan to support the formation and early-stage operation of the BOSS small business support center. The non-profit organization is dedicated to serving local entrepreneurs who have traditionally been left out of support services, beginning with English and Spanish speakers and working to expand to Asian, Black, LGBTQ+ and others. The facility celebrated a soft launch opening on June 25. b. Launched a Community & Governmental Relations department. Claudia Sisomphou has led a strong first year of tribal engagement and is providing direct support for the three Energy Commission grants SCP is managing this year. Through this work, the department is developing internal protocols, standards, and a deeper shared understanding of how to provide high-quality and meaningful community engagement. 54 of 60

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c. SCP entered into an agreement with the Federated Indians of Graton Rancheria to assist the Tribe in a Department of Energy (DOE) grant project. The project will install a 90 kWh battery energy storage system at their farm property. SCP will manage and administer the project to completion and handover. This project helps the Tribe with resources and provides financial assistance by reducing their match amount for the project with the DOE.
d. Completed research into evaluating the impacts and benefits of electrification of vulnerable customers in partnership with the UCSB Bren School. Results will inform future advocacy at SCP.
e. Launched a rural and tribal research in community-driven approaches to decommissioning fossil gas systems in Willits, Graton and Hopland Band of Pomo Indians. Won $600,000 grant from CEC. Work will occur over three years, ending in 2029.
f. Connecting with Youth. Strengthened the pathway from student engagement to career opportunities. Through Sonoma Water, nearly 6,000 students annually receive hands-on environmental and energy education, making it one of the region's largest youth engagement efforts.

Through the CTE Foundation, SCP is helping expand access to electrification, engineering, and sustainability learning through a new regional STEM Kit Lending Library and other hands-on learning opportunities. Through the LIME Foundation's expanding NextGen Trades Academy, now serving Sonoma and Mendocino Counties and launching its first cohort with the Hopland Band of Pomo Indians, students are gaining access to training, mentorship, and careers in the skilled trades.

Together, these partnerships represent SCP helping build a stronger, more inclusive workforce pipeline for our region's clean energy future. g. Advocated for Seniors. Fought PG&E to get them to reconnect a senior customer’s electricity after she had converted to heat pumps. Escalation started with Director Victoria Flemming and ultimately involved Senator McGuire. The effort was successful but took over 5 months to get PG&E to act, during which time the customer was only able to occupy one room of her home – the rest had no heat or lights.

3. Complete an integrated resource plan that continues to successfully reduce reliance on natural gas power, even in today’s rapidly changing conditions (e.g., tariffs, federal laws and orders, tax credits).
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The SCP Board supported an aggressive goal of mitigating 100% of SCP’s emissions on an hourly basis by 2035. This puts SCP on track to meet California’s ambitious SB 100 goals ten years before other power providers.

Improved affordability and climate impacts by phasing out reliance on short-term large hydropower. Reduced long-term reliance on out-of-state resources to support lower infrastructure costs and create labor opportunities.

4. Advance policies that accelerate realization and improve feasibility of the GeoZone.

Successfully sponsored and passed AB 1359 (Papan 2024), allowing our local counties to serve as the lead agency for geothermal exploration. In the current session, secured $10 million in 2026 for geothermal exploration, and both of SCP’s bills are advancing – AB 2111 (Papan) to improve transmission planning and AB 2369 (Rogers) to allow energy-only resources.

SCP has also become a clear leader for advancing pro-geothermal policy in the California Legislature and at the California Energy Commission. Alongside the International Union of Operating Engineers, SCP is forging a coalition of power providers, geothermal developers, labor unions, local governments and others to seize this opportunity for the state of California.

5. Complete the initial phase of at least 3 local investments with the purpose of generating revenues to lower ratepayer costs over time (may include energy and non-energy projects with a close connection to SCP’s Mission).

Secured an option to purchase land and launched design on the Ukiah solar + battery storage project for 1.5 MW of solar paired with a 4 or 8-hour battery. Project is on track, having received the first phase of PG&E interconnection review. A formal project application will be submitted in mid-2026.

Entered into a partnership with Santa Rosa Water to explore feasibility for SCP to expand their biogas power generation system at the Laguna Treatment Plant. The project would reduce methane flaring and create a stream of revenues for SCP ratepayers. Staff are in the process of preparing to release a solicitation for engineering feasibility.
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SCP successfully purchased the Customer Center building on Fourth Street and began generating lease income, including from a new tenant with the opening of FedEx. The purchase lowers SCP’s operating costs and creates a stream of revenues for ratepayers.

Lent $4M to the Business One Stop Shop, creating a stream of revenues for ratepayers that steps up to $278,000 per year in 2027.

6. Support successful implementation of building electrification policies such as the Bay Area Air District’s No Nox Rule and SB 1221, including informing and potentially modifying implementation to safeguard customers. a. Increased heat pump water heater rebate to $2,500.
b. Conducted outreach to 250 contractors on the forthcoming rules and associated resources.
c. Actively participating in a coalition of Bay Area CCAs that provide technical information to Bay Area Air District staff. Helped inform their affordability exemption recommendation.
d. UCSB Bren School research and CEC grant research into electrification of vulnerable communities is complete. Next steps will involve discussing advocacy objectives to improve economics and practicality for neighborhood-scale electrification.
e. SCP successfully advocated to the CPUC in the SB 1221 proceeding to maintain significant flexibility for jurisdictions to volunteer pilot projects within SCP’s service area.
f. SCP staff are active in the CCA committee on the Bay Area Air District’s No NOx ruling, and seeking to harmonize CCA efforts across the 9 Bay Area Counties.

7. Maintain SCP’s ‘A’ credit rating to support cost-effective power procurement.

Sustained a strong ‘A’ rating through the toughest fiscal year SCP has ever faced. By planning 11 years in advance, SCP was able to cover all current expenses with its rate stabilization fund and avoid spending any of SCP’s core credit reserves, thereby supporting SCP’s strong credit rating. 57 of 60

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SCP has been strategically finding ways to minimize costs while simultaneously mitigating the risk of volatile PCIA charges to our customers. SCP has achieved its Reserve Goals (360 days cash-on-hand) and deferred revenues into our Rate Stabilization Fund for use in 2026 and 2027 to subsidize rates by giving back these rate stabilization funds to ratepayers.

8. Improve SCP’s capability to combat the regulatory erosion of SCP’s existing powers and abilities to cost-effectively provide clean power and services.

Through CC Power and GeoZone, SCP proved its ability to lead on procuring large, complex, long-lead-time resources, a powerful example of the impact locally driven clean energy programs can have in building California’s future resource fleet.

Strengthened SCP’s risk management strategies for handling power market uncertainty and the PCIA, reinforcing the resilience of SCP’s business through all market conditions.

9. Grow SCP’s capability to dispatch customer loads to 7 MW as a means of reducing supply resource costs and cutting emissions.

The mild summer has not yet allowed full-scale testing of SCP’s current demand response capacity. However, the following actions have been taken in preparation:
a. Implemented SCP Home Thermostat Upgrade - low-income direct install of smart thermostat and SCP Rewards enrollment. Enrolled 732 smart thermostats to date.
b. Expanded managed charging for EVs to increase daytime solar hour charging.
c. Actively developing a proposal for a combined residential and commercial battery storage program to improve load shifting and demand response with customer-owned resources.
d. Included a goal of growing dispatchable loads to 20 MW in IRP through additional investment in growing smart thermostat fleet, alerts, and identifying participation opportunities for small business. 58 of 60

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10.Continue developing SCP’s leadership on transmission planning in a manner designed to lower the risks of achieving California’s renewable and affordability goals.

Good progress on introducing robust transmission planning by shepherding AB 2111 through the Assembly, building a broad coalition of labor and environmental supporters, and proactively engaging the CAISO and state agencies on how to apply SCP’s research to improve transmission planning.

Successfully lobbied the CPUC to deliver a 2027 transmission planning portfolio that includes over 5,000 MW of geothermal capacity with supporting transmission, including in Northern California.

Continue to be a thought leader in driving new solutions: AB 2369 provides a pathway to interconnect resources more quickly and in areas that are deliverability constrained.

Additional Major Achievements
In addition to the Board’s official adopted goals, SCP completed a number of other important objectives this past year, including:
 Promoted Ryan Tracey to Chief Strategy Officer
 Recruited Meredith Standing to serve as SCP’s new staff Director of Public Relations and Marketing
 Secured a favorable $100 million line of credit with Royal Bank of Canada that greatly increases liquidity and lowers risk for SCP Recommended Goals for June 2027

1. Recommend and take all necessary actions to sustain competitive customer rates and strong customer service.

2. Successfully hire and onboard a Chief Operations Officer.

3. Continue to advance equity for BIPOC, LGBTQI+, low-income, senior, youth and other underrepresented customers. Support the successful first year of operations at the Business One-Stop Shop.

4. Recommend how SCP can continue to improve its governance practices. 59 of 60

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5. Secure at least one new GeoZone partner and continue to advance policies that accelerate realization and improve feasibility of in-state geothermal development.

6. Secure control over or develop partnership with a second local project development site. Complete a feasibility study on expanding the Laguna Treatment Plant’s biogas energy system. Determine interconnection requirements and obtain a Major Use Permit for the Ukiah solar and battery project.

7. Publish the UCSB/SCP neighborhood electrification study and identify and prioritize related advocacy objectives to improve the economics and effectiveness of neighborhood-scale projects.

8. Maintain SCP’s ‘A’ credit rating to support cost-effective power procurement, and work to establish a pathway for an upgrade to A+.

9. Improve SCP’s capability to combat the regulatory erosion of SCP’s existing powers and abilities to cost-effectively provide clean power and services.

10.Make progress in building a coalition to advocate solutions that enable large-scale distributed resources to avoid distribution system upgrade costs. 60 of 60

Sonoma Clean Power Board of DirectorsAugust 6, 2026

Sonoma Clean Power Board of Directors
August 6, 2026