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1/17 PPT - OCPA Selection of Default and Municipal Energy Choices

City Council/Public Financing Authority
January 17, 2023

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1/17 PPT - OCPA Selection of Default and Municipal Energy Choices
Meeting
January 17, 2023
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City Council/Public Financing Authority
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Consideration of OCPA Default Rate Selection and City Municipal Account Rate Selection City Council Meeting
January 17, 2023

OCPA Background

Dec. 2020- City approved documents to join OCPA (CCE/JPA) Feb. 2021- City approved Founding Member participation in OCPA Dec. 2021- County of Orange (unincorporated areas) added as 5th member agency Apr. 2022- OCPA launches municipal and commercial service to HB, Buena Park, Fullerton, and Irvine Oct. 2022- OCPA launches residential service to HB, Buena Park, Fullerton, and Irvine Dec. 2022- City Council requested to change default rate for new and municipal customers, and return to a study session with options costs, and path to remove/withdraw from OCPA January 2023- 1/17/22 consideration of default rates for new and municipal customers February 2023- Study Session to discuss options, costs, and path to remove/withdraw Spring 2023- OCPA publish rates and issue mailer to all customers

2023 Rates
City has 462 municipal accounts on the 100% Renewable Choice plan.

Basic Choice selection estimates $234,830 savings.

New SCE rates effective 1/1/2023.

OCPA rates effective 1/9/23
OCPA Basic Choice
-2% standard SCE rate
OCPA Select Choice
+$00.01/kWh (Basic Choice)
OCPA Renewable Choice
+$00.15/kWh (Basic Choice)

Recommended Action

City Council Options
The following options are available to the City Council for the default energy product for new OCPA Customers in Huntington Beach.

Take no action. The current, default energy offering of 100% Renewable will remain for all new OCPA customers; B) Select the Smart Choice option (at least 69% renewable energy) as the default offering for new OCPA customers; or C) Select the Basic Choice option (at least 38.5% renewable energy) as the default offering for new OCPA customer.

The following options are available to the City Council for City of Huntington Beach municipal accounts.

Take no action, and retain the current energy offering of 100% Renewable for municipal accounts; B) Select Smart Choice (at least 69% renewable energy) for municipal accounts; or C) Select Basic Choice (at least 38.5% renewable energy) for municipal accounts.

Questions?

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