HomeMy WebLinkAbout2021-09-16; Clean Energy Alliance JPA; MinutesDocuSign Envelope ID: D3C22034-662B-47B7-A1DF-DA6FE69E8898
Clean Energy Alliance -Board of Directors
Meeting Minutes
September 16, 2021, 1 p.m.
Virtual Meeting
Teleconference Locations per State of California Executive Order N-29-20
CALL TO ORDER: Chair Becker called to order the regular meeting of the Clean Energy Alliance at 1:07
p.m. due to initial broadcast issues.
ROLL CALL: Board Member Druker, Vice Chair Bhat-Patel, Chair Becker
FLAG SALUTE: Chair Becker led the flag salute.
BOARD COMMENTS & ANNOUNCEMENTS: None
PRESENTATIONS: None
PUBLIC COMMENT: None
New Business
Item 1: Approve Execution of a Long-Term Renewable Energy Agreement with San Diego Gas
& Electric
RECOMMENDATION
Approve execution of a long-term renewable energy agreement with San Diego Gas &
Electric for Portfolio Category 1 renewable energy for the delivery period 2022 -2031
and authorize the Interim Chief Executive Officer to execute ail documents, subject to
Special Transactions Counsel approval.
Due to technical issues the meeting was recessed and reconvened at 1:15 p.m.
Interim CEO Barbara Boswell presented the item indicating under consideration is the
approval of a long-term renewable energy agreement with San Diego Gas & Electric for
Portfolio Category 1 renewable energy, which is renewable energy that is generated in
state. These contracts are existing contracts held by San Diego Gas and Electric
(SDG&E). Approval of the agreement should have a positive impact on the Power
Charge Indifference Adjustment (PCIA), which is the exit fee that SDG&E charges to CEA
customers when they leave SDG&E service, for contracts that they continue to hold but
no longer have the customers using the energy from those contracts.
Chair Becker inquired as to what PCIA Vintage the contracts would be applicable to and
Interim CEO Boswell indicated that CEA would inquire.
Board Member Druker inquired regarding where market rates might be going. Kirby
Dusel from Pacific Energy Advisors responded that there has been a downward slope