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Presentation - #05
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Presentation - #05
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2/10/2021 5:02:24 PM
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City Clerk
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2/2/2021
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CITY ACTIONS•2007–WorkedwithDirectEnergy,atnocosttotheCity,tostudy forming a Joint Power Authority for eight cities includingSantaAna.◦Consultant report questioned financial viability; Direct Energy did not pursue next steps.◦One conclusion: CCA’s are more attractive for cities that have high-usage residential customers.•2018 – Reexamined viability of CCA◦Impending increases in Power Cost Indifference Adjustment and Resource Adequacy called for caution.•Work since 2018 – Continuing to monitor the CCA activity andfinancial viability as profit margins drop for most CCA’s.5CITY OF SANTA ANA, PUBLIC WORKS AGENCY, 20 CIVIC CENTER PLAZA, SANTA ANA, CA 92702
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