6. Recommended by Power System Approval of the First Amendment of Heber-1 Geothermal Energy Project
Power Sales Agreement No. BP 13-033 Between the City of Los Angeles,
Acting by and Through the Department of Water and Power, and the
Southern California Public Power Authority. The Amendment will extend the
term by 25 years. Due to an escalation rate of 1.5 percent per year, the cost
of the energy price averages to be $31,320,000, annually and
$783,000,000, over the 25-year delivery term.
Determine item is exempt pursuant to CEQA Guidelines Section 15061(b)(3).
City Council approval is required.