VCEA Minutes October 10, 2024 Board Meeting Page 1 of 3
MINUTES OF THE VALLEY CLEAN ENERGY ALLIANCE
BOARD OF DIRECTORS MEETING
THURSDAY, OCTOBER 10, 2024
The Board of Directors of the Valley Clean Energy Alliance duly noticed their regular meeting for Thursday, October 10, 2024 at 4 p.m. to be held at City of Davis Community Chambers located at 23 Russel Boulevard, Davis, California 95616. Chair Lucas Frerichs established that there was a quorum present and began the meeting at 4:03 p.m.
Board Members Present: Lucas Frerichs, Bapu Vaitla (arrived at 4:13 p.m.) Tom Stallard (departed at 5:01 p.m.), Jesse Loren, Will Arnold, Richard Casavecchia
Members Absent: Tania Garcia-Cadena, Jim Provenza
Welcome and
Approval of the
Agenda
Chair Frerichs welcomed everyone to the meeting.
Public Comment –
General, Consent,
and Closed Session
Chair Frerichs opened up public comment on general, consent and Closed Session items. There were no written or verbal public comments.
Public Comment on
Closed Session
Items
Chair Frerichs announced that the Board will be going into Closed Session and that it is anticipated that no reportable action will be taken in Closed Session.
Adjournment Chair Frerichs adjourned the regular meeting at 4:05 p.m. to go into Closed Session.
Items 3 – 6:
CLOSED SESSION
Public Employee
Performance
Evaluation and
Conference with
Legal Counsel –
Anticipated
Litigation
(Director Bapu Vaitla arrived at 4:13 p.m.)
The Board began Closed Session at 4:11 p.m. and adjourned their Closed Session at 4:43 p.m. The Board reopened the regular meeting at 4:48 p.m. Chair Frerichs stated that there was nothing to report out.
VCEA Minutes October 10, 2024 Board Meeting Page 2 of 3 Approval of
Consent Agenda
Motion made by Director Arnold to approve the consent agenda items, seconded by Director Tom Stallard. Motion passed with Directors Garcia-Cadena and Provenza absent. The following items were:
7. approved September 12, 2024 Board meeting Minutes;
8. received 2024 long range calendar;
9. received Treasurer’s Report: August 31, 2024;
10. received legislative update provided by Pacific Policy Group;
11. received September 2024 regulatory update dated October 2, 2024 provided by Keyes & Fox;
12. received customer participation update (3rd quarter); and,
13. received SACOG Grant – Electrify Yolo project update.
Item 14: Receive
Legislative End of
Session update.
(Information)
Mark Fenstermaker of Pacific Policy Group provided a legislative end of session update highlighting new leadership in Assembly Utilities (U&E) and Energy Chair; the budget deficit; and, the focus shifting from reliability to affordability. Mr. Fenstermaker provided information on the 2025-2026 Session and the “landscape” of the upcoming two (2) year period. He reviewed a few items, such as affordability, changes in representatives coming in, the regional grid, budget stability, regional grid initiative, and several other factors that may play a role in the upcoming legislative session.
(Tom Stallard departed at 5:01 p.m.)
The Board and Staff discussed: possible actions taken by the Governor on programs, the budget, and rebates; and Staff and CalCCA meeting with legislative staff to provide CCA education, discuss affordability, and other issues. There were no written or verbal public comments.
Item 15: Receive
2024 Operating
budget update and
2025 Preliminary
Operating budget.
(Information)
VCE Executive Officer Mitch Seras introduced this item. VCE Staff Edward Burnham provided a brief overview of VCE’s 2024 Operating Budget and short term outlook on the 2025 Budget. Mr. Burnham reviewed key factors influencing short-term operating budgets (load forecast, power prices, and budgeted revenues); 2024 financials update (VCE retail load update, 2024 budget proforma update); and the 2025 Preliminary Budget (inflation, Resources Adequacy) and multi-year outlook. He also reviewed other considerations and next steps.
There were no written or verbal public comments.
VCEA Minutes October 10, 2024 Board Meeting Page 3 of 3 Item 16: Board
Member and Staff
Announcements
Jesse Loren thanked VCE for participating in the Festival de la Comunidad / Carnitas Festival. Director Loren thanked staff for attending next week’s Winters Council meeting to provide a status report on VCE.
Mr. Sears informed those present that as a CalCCA Bord Member he attend CalCCA’s 2 day conference held in Sacramento.
Announcement /
Adjournment
Chair Frerichs announced that the Board’s next regular meeting is scheduled for Thursday, November 14, 2024 at the City of Woodland Council Chambers located at 300 First Street, Woodland, California 95695. There being no further business to discuss the meeting was adjourned at 5:23 p.m.
Alisa M. Lembke
VCEA Board Secretary