Burbank studies prepaid clean‑energy bond that could cut PPA costs by about $1.3 million a year At a Jan. 27 study session the Burbank City Council reviewed a SCAPA-run prepaid clean‑energy bond that would prepay four existing power purchase agreements; staff said the structure could save roughly $1.3 million annually but a cost‑of‑service study is needed to quantify customer rate impacts. No council vote was taken.

Burbank is exploring a groundbreaking clean-energy bond that could save the city $1.3 million annually on power costs!

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