Report the ordinance on page 15 of our report of various contract provisions provides that the general manager finds in writing both of the transaction presents the best opportunity available for services and products expose of excess power that is inefetched to the city. We propose. The annual report to the board of supervisors and the duration of power purchase contracts enintered by the fpic on the contracts on page 16 of our report we note that let me correct that on our recommendation number two were advised by t ci ats there is various languae t leg whi would indc t t us we should withdrawal reco it is ce we sat bad o vi o t c an mbib n so reco ar we recommen yo pp t oe i t rep sot t inclu pro rat cr to cca to reco c a copariso o fsb to pg and e rates we recommend yo c ap o as rto boar s k y mr. Rose pu krchl u i agree t re rec . Y we e thak y oka n ot any Public Comment . Jason i sat in on two ah ken w t pu krc h ne g for cot pcms cot i th i a imp a ne t i se a yo d get m ped o
What really relats to this ledgelation is the feed in program thats an offering we will set a price for purchase of power for Renewable Resources that are generated locally we will take any offers from the marketplace we will do that under a standard form contract that we intend to dlvl. Those have been dlvled already for our Sister Community choice segregation programs clean energy sanoma clean power. Very successful way to tell the market what were interested in terms of local regional construction. I included here the schedule and key milestones just for reference. Lets talk then about what the proposed ledge sleazeive reforms currently the sfpuc has board supervisor vised approval to contract for power up to 5 five years using a standardwe know that to the end tent we use standard form contracts for the products were seeking to serve our customers with that will be the most Cost Effective way to bring power supply to our cca rent payers thats what were striving to do here. The prop
About what the proposed ledge sleazeive reforms currently the sfpuc has board supervisor vised approval to contract for power up to 5 five years using a standardwe know that to the end tent we use standard form contracts for the products were seeking to serve our customers with that will be the most Cost Effective way to bring power supply to our cca rent payers thats what were striving to do here. The proposal before you delegates the authority for pc to enter into contracts it should say 25 years 1 of my changes did not get made there sorry 25 years in duration and ten million in its another stand and form contract used within electric trig authorization to use standard contracts the Electrical Institute contract and other standard form contracts in order to have things like lit fit program i talked about earlier it also includes wavers section 3 authorizes the puc to use the pro forma standard contract up to 25 years and specifies those agreements individually cannot exceed 125 Mill
Contracts for the products were seeking to serve our customers with that will be the most Cost Effective way to bring power supply to our cca rent payers thats what were striving to do here. The proposal before you delegates the authority for pc to enter into contracts it should say 25 years 1 of my changes did not get made there sorry 25 years in duration and ten million in its another stand and form contract used within electric trig authorization to use standard contracts the Electrical Institute contract and other standard form contracts in order to have things like lit fit program i talked about earlier it also includes wavers section 3 authorizes the puc to use the pro forma standard contract up to 25 years and specifies those agreements individually cannot exceed 125 Million Dollars 125 million over the life of the contract or an aggregate all of them cannot exceed 5 million 5 million again those contracts the authorizations come with wavers. The additional limitation is we are