TITLE
Recommendation to receive and file a report on the feasibility of a Long Beach Community Choice Aggregation (CCA);
Direct City Manager to continue to monitor the energy market/regulations and report to the City Council annually or sooner if substantial market changes occur;
Direct City Manager to prepare a study that analyzes the potential CCA governance options of forming a stand-alone City enterprise, creating a new Joint Powers Authority (JPA), or joining an existing JPA;
Direct City Manager to perform community outreach regarding the CCA concept along with potential benefits and risks to customers, as well as to gain feedback on how supportive the community might be of a Long Beach CCA;
Direct City Manager to continue the City’s partnership with Southern California Edison to raise awareness of existing programs that provide Long Beach residents and businesses with various options to purchase a greater mix of renewables and utilize energy more efficiently; and
Defer for two years any decision whether to participate in a CCA, in any format, or sooner if new information becomes available solidifying benefits, to allow for possibly increased stability in the California electricity market, which will lessen possible risk to residents and businesses. (Citywide)
DISCUSSION
State law allows the City of Long Beach (City) to form or join a Community Choice Aggregation (CCA) enterprise to replace Southern California Edison (SCE) in procuring electricity as a commodity on behalf of all Long Beach residents and businesses. Under a CCA, SCE would still provide the transmission and distribution of the electricity (power lines, poles, substations, etc.) and would provide billing services to residents. A Long Beach CCA would involve annual electrical commodity purchases of approximately $100 to $140 million. While the City’s natural gas and water utilities also expend substantial dollars in purchasing of their respective commodities, it should be noted tha...
Click here for full text