Board adopts rate stabilization reserve policy to smooth PCIA-driven volatility San Diego Community Power adopted Resolution 2026-07 to establish a rate stabilization reserve (RSR) to help smooth year‑to‑year PCIA volatility and other shocks; staff described guardrails including up to 45 days cash on hand and board approval for recognition tied to rate setting.

San Diego Community Power just took a bold step to shield customers from unpredictable power costs by adopting a new rate stabilization reserve policy!

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#CA #RateStabilization #CitizenPortal #SanDiegoCommunity #FinancialTransparency #EnergyVoice

#CA #RenewableEnergy #FinancialStability #MarketVolatility #CitizenPortal #SanDiegoCommunity
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San Diego Community Power board raises reserve target to 225 days, cites PCIA volatility as top risk The board voted to amend its reserve policy, increasing the target from 180 to 225 days cash on hand and authorizing a rate‑stabilization designation, after staff cited potential multi‑hundred‑million dollar exposure from PCIA market‑price volatility.

San Diego Community Power's board just approved a major policy shift, raising their cash reserve target to 225 days to shield against market volatility that could cost millions!

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#CA #RenewableEnergy #FinancialStability #MarketVolatility #CitizenPortal #SanDiegoCommunity

San Diego Community Power directs staff to develop project labor agreement policy aimed at local hiring and higher labor standards Board directed staff to draft detailed workforce policy recommendations, including requiring project labor agreements (PLAs) on Community Power projects where feasible; the motion passed after robust public comment from local unions and a recorded roll-call vote.

San Diego Community Power is taking a bold step towards a stronger local clean-energy workforce by advocating for project labor agreements that promise better job quality and local economic benefits.

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#CA #CitizenPortal #SanDiegoCommunity #WorkforceDevelopment #CleanEnergyJobs

Treasurer reports $308.7M YTD net revenue, $58M net position and strong liquidity for San Diego Community Power Treasurer Eric Washington reported year-to-date net revenue of $308.7 million (about $9.3 million below budget), a net position of $58 million, total liquidity of roughly $439.9 million and 159 days cash on hand versus a 180-day reserve target.

San Diego Community Power reveals impressive financials with a $308.7M net revenue and $58M net position, but what factors are shaping these results?

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#CA #CitizenPortal #SanDiegoCommunity #CustomerParticipation #FinancialTransparency

Independent auditors plan clean opinion on San Diego Community Power fiscal year audit, board told Auditors from Sorin (formerly Pacenti & Brinker) told the board they expect to issue a clean (unmodified) opinion on San Diego Community Power’s FY2024–25 financial statements and reported no material weaknesses in internal control.

San Diego Community Power is on track for a clean financial audit, with no significant deficiencies reported—what does this mean for the future?

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#CA #CitizenPortal #FinancialAccountability #SanDiegoCommunity #AuditQuality

Board approves two‑year contract with Aspen Environmental Group to build in‑house long‑term load model San Diego Community Power approved a two‑year, not‑to‑exceed $150,000 services agreement with Aspen Environmental Group to develop a customized long‑term hourly and aggregate load forecasting model to transition forecasting in‑house and support financial and resource planning.

San Diego Community Power is taking a major step towards energy independence by partnering with Aspen Environmental Group to create a cutting-edge long-term load forecasting model!

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#CA #ResourcePlanning #CitizenPortal #SanDiegoCommunity

Audit team says San Diego Community Power nearing completion of FY2025 audit, expects unmodified opinion The audit team overseeing San Diego Community Power’s fiscal year 2025 audit told the FRMC it expects to issue an unmodified (clean) opinion at month-end and did not anticipate significant deficiencies or material weaknesses.

San Diego Community Power is on track to receive a clean audit opinion for FY2025, with no anticipated deficiencies or weaknesses noted by the audit team.

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#CA #AuditStandards #CitizenPortal #FinancialAccountability #SanDiegoCommunity

Treasurer reports favorable start to FY2026; liquidity and reserves highlighted Chief Financial Officer Eric Washington told the FRMC San Diego Community Power began FY2026 with a net position change of roughly $22 million for the first month, reported strong liquidity including access to a $250 million credit line and noted two contracts executed under CEO signing authority.

San Diego Community Power kicks off FY2026 with a remarkable $22 million net position boost and impressive liquidity metrics!

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#CA #CommunityPower #CitizenPortal #SanDiegoCommunity #FinancialTransparency

Finance committee recommends board adopt third revision to financial reserves policy The Finance and Risk Management Committee of San Diego Community Power voted to recommend board adoption of a third revision to the agency's financial reserves policy, updating how days cash on hand is calculated to include certain investments and clarifying use of reserves.

San Diego Community Power is set to enhance its financial reserves policy, potentially unlocking an extra $125,000 monthly for future investments!

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#CA #CitizenPortal #InvestmentStrategy #SanDiegoCommunity #PublicCredit #FinancialReserves

San Diego Community Marks India Independence Day With Cultural Festivities - IndiaWest Journal News San Diego Community Marks India Independence Day With Cultural Festivities.

San Diego Community Marks India Independence Day With Cultural Festivities

Full Story: indiawest.com/san-diego-co...

#SanDiegoIndependenceDay #IndiaIndependenceDay #CulturalFestivities #FIA #SanDiegoCommunity #PatrioticCelebration #YouthArtContest #DarshanaPatel

For Homeless Cyclists, Bikes Bring an Escape From the Streets People living in homelessness who rely on bikes are part of the ranks of “invisible cyclists” in US cities. A program in San Diego helps bring these riders out into the open.

In San Diego, the weekly bike ride helps unhoused “invisible cyclists” find freedom, community, and support—showing how bikes can be vital transport and healing tools. #BikesForChange #SanDiegoCommunity

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Culinary Expert Demonstrates Innovative Cooking Techniques at Local Event Donna showcases cooking methods to enhance flavors and presentation during live demonstration.

San Diego is empowering its community with the "From Garden to Kitchen" initiative, teaching residents to grow their own food and cook nutritious meals for a healthier future.

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#SanDiegoCitySanDiegoCounty #CA #CitizenPortal #HealthyEating #SanDiegoCommunity #CommunityEngagement

Leaders like the poet and activist, Amanda Gorman, inspire us to share light with our community. 💡

Who do you look to for inspiration?

#SanDiegoCommunity #Inspirational #AmandaGorman

Spread the word and let’s support our neighborhood kids together!

#BackpackGiveaway #SanDiegoCommunity #SchoolReady #FamilySupport

Citizen Portal News California (@citizenptnewsca.bsky.social) San Diego County is taking a bold step towards sustainable energy by updating its energy risk management policy to enhance compliance with California's environmental regulations. Learn more here! #CA...

San Diego County is taking a bold step towards sustainable energy by updating its energy risk management policy to enhance compliance with California's environmental regulations.

Learn more here!

#CA #CitizenPortal #SanDiegoCommunity #Environmenta…

San Diego Community Power board approves energy risk management policy update Board recommends adopting resolution to update energy risk management for carbon transactions.

San Diego County is taking a bold step towards sustainable energy by updating its energy risk management policy to enhance compliance with California's environmental regulations.

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#CA #CitizenPortal #SanDiegoCommunity #EnvironmentalCompliance #SustainablePractices

Great time at last night’s #SanDiegoAI Mixer! Always fun meeting other #tech folks hearing what everyone’s working on. Big thanks to @fredmgrier.bsky.social and others for bringing the community together — already looking forward to the next one! #TechCommunity #AI #SanDiegoTech #SanDiegoCommunity

Citizen Portal News California (@citizenptnewsca.bsky.social) The San Diego Community Power Board is making strides in promoting equity and community initiatives—don’t miss the highlights from their latest meeting! Learn more here #CA #EquityInitiatives #CitizenPortal...

The San Diego Community Power Board is making strides in promoting equity and community initiatives—don’t miss the highlights from their latest meeting!

Learn more here

#CA #EquityInitiatives #CitizenPortal #SanDiegoCommunity #CleanEnergyAction #C…

San Diego Community Power Board discusses equity and community initiatives at May meeting Board reviews updates on community programs and acknowledges member contributions and future vacancies.

The San Diego Community Power Board is making strides in promoting equity and community initiatives—don’t miss the highlights from their latest meeting!

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#CA #EquityInitiatives #CitizenPortal #SanDiegoCommunity #CleanEnergyAction #CommunityTransparency

County faces backlash over $450K basketball court project costs Community members criticize county's spending on basketball court amid rising local bills.

Community outrage erupts as San Diego County faces backlash over a $450,000 basketball court proposal amid rising local bills and calls for transparency.

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#SanDiegoCitySanDiegoCounty #CA #GovernmentTransparency #CommunityEngagement #SanDiegoCommunity #CitizenPortal

Citizen Portal News California (@citizenptnewsca.bsky.social) Olivewood Gardens has just completed a groundbreaking solar project that sets the stage for a greener, more sustainable San Diego! Learn more here #CA #CitizenPortal #CommunityEngagement #SanDiegoCommunity...

Olivewood Gardens has just completed a groundbreaking solar project that sets the stage for a greener, more sustainable San Diego!

Learn more here

#CA #CitizenPortal #CommunityEngagement #SanDiegoCommunity #RenewableEnergy #SustainabilityInitiativ…

Olivewood Gardens completes solar project funded by Hammond Climate Solution Foundation grant Olivewood Gardens finishes installation of solar and storage systems from community grant funding.

Olivewood Gardens has just completed a groundbreaking solar project that sets the stage for a greener, more sustainable San Diego!

Learn more here

#CA #CitizenPortal #CommunityEngagement #SanDiegoCommunity #RenewableEnergy #SustainabilityInitiatives

San Diego signs housing agreement for 2500 homes near Otay Lakes San Diego finalizes development deal ensuring affordable housing and environmental initiatives.

San Diego just secured a groundbreaking housing deal that promises 2,500 new homes while prioritizing environmental sustainability—big changes are on the horizon!

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#CA #CitizenPortal #EnergyInnovation #EnvironmentalSustainability #SanDiegoCommunity #AffordableHousing

Citizen Portal News California (@citizenptnewsca.bsky.social) San Diego Community Power is making waves with a record-breaking 55 grant applications and a celebration of women's contributions in the energy sector! Click to read more! #CA #CitizenPortal #CommunityEngagement...

San Diego Community Power is making waves with a record-breaking 55 grant applications and a celebration of women's contributions in the energy sector!

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#CA #CitizenPortal #CommunityEngagement #SanDiegoCommunity #WomenInEnergy #…

Directors approve annual training for emergency first responders in community safety initiative Directors unanimously pass motion for ongoing emergency responder training requirements.

San Diego's Community Power Board just voted to implement annual training for emergency first responders, ensuring they stay ahead of the latest safety protocols!

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#CA #CitizenPortal #EmergencyResponse #PublicSafety #SanDiegoCommunity #CommunityBenefits

San Diego Community Power Board considers $10M deposit to Neighborhood National Bank Board evaluates proposal to support local businesses through Community Development Financial Institution funding.

The San Diego Community Power Board is making waves with a bold proposal to invest $10 million in a community bank, aiming to uplift local businesses and empower residents.

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#CA #CulturalStewardship #CitizenPortal #CommunityInvestment #EconomicGrowth #SanDiegoCommunity

Community Power reports record 55 grant applications and highlights Women's History Month Community Power shares updates on events and initiatives, celebrating women in energy leadership.

San Diego Community Power is making waves with a record-breaking 55 grant applications and a celebration of women's contributions in the energy sector!

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#CA #CitizenPortal #CommunityEngagement #SanDiegoCommunity #WomenInEnergy #SustainableEnergy

Neighborhood National Bank seeks $10M deposit from San Diego Community Power Scott Andrews requests $10 million deposit for Neighborhood National Bank at Finance Committee meeting.

Scott Andrews of Neighborhood National Bank is pushing for a $10 million deposit to empower underserved communities in San Diego—could this be a game-changer for local development?

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#CA #CitizenPortal #PublicTransparency #FinancialInclusion #SanDiegoCommunity #CommunityDevelopment

San Diego Community Power board welcomes new staff and board members Board introduces new staff and board members during the regular meeting at Port of San Diego.

The San Diego Community Power Board is revitalizing its mission with new leadership and a commitment to indigenous partnerships, paving the way for a sustainable energy future.

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#CA #CivicEngagement #SustainableEnergy #CulturalPartnerships #CitizenPortal #SanDiegoCommunity