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HomeMy WebLinkAbout02. Set public hearing for 11-05-20 to award Power Purchase Agreement for solar project Page 1 of 2 Item 2. CENTRAL SAN BOARD OF DIRECTORS POSITION PAPER MEETING DATE: OCTOBER 15, 2020 SUBJECT: SETA PUBLIC HEARING FOR NOVEMBER 5, 2020, AT 1:30 P.M. TO CONSIDER AWARDING A POWER PURCHASE AGREEMENT TO REC SOLAR COMMERCIAL CORPORATION FORA SOLAR PHOTOVOLTAIC SYSTEM ON CENTRAL SAN'S LAGISS PROPERTY SUBMITTED BY: INITIATING DEPARTMENT: MELODY LABELLA, RESOURCE RECOVERY ENGINEERING AND TECHNICAL SERVICES- PROGRAM MANAGER PDS-RESOURCE RECOVERY REVIEWED BY: JEAN-MARC PETIT, DIRECTOR OF ENGINEERING AND TECHNICAL SERVICES Roger S. Bailey General Manager ISSUE California Government Code Section 4217.12 requires public agencies to hold a public hearing when considering award of energy services contracts. BACKGROUND On May 7, 2020, after careful evaluation and planning, the Board of Directors (Board) authorized staff to proceed with the procurement of a solar energy Power Purchase Agreement (PPA)that would construct a solar photovoltaic system on Central San's Lagiss property that is sized to offset all remaining grid power purchases across Central San's operation in a typical year. Staff has completed a competitive procurement process and initiated negotiations with the selected vendor, REC Solar Commercial Corporation (REC), in an effort to prepare a PPA for the Board's future consideration. California Government Code Section 4217.12 allows public agencies to execute a PPA if the public agency holds a public hearing at a regular meeting and finds that the PPA is in the best interest of the public agency and that the anticipated cost to the public agency for electrical energy provided by the P PA will be less than the anticipated marginal cost to the public agency for other energy that would have been October 15, 2020 Regular Board Meeting Agenda Packet- Page 14 of 89 Page 2 of 2 consumed by the public agency in the absence of the PPA. Accordingly, staff would like to set November 5, 2020, as the date for the public hearing. ALTERNATIVES/CONSIDERATIONS The Board could decide not to set the public hearing; however, since a public hearing is required by law to execute a PPA, this would halt the implementation of the project. This alternative is not recommended. FINANCIAL IMPACTS Central San stands to save nearly$6.5 million dollars on future energy purchases in executing this PPA with REC. Apart from minimal staff time to bring this item forward to the Board for consideration, the cost to publish the Notice of Public Hearing is approximately$400. COMMITTEE RECOMMENDATION Staff will be seeking the Real Estate, Environmental & Planning (REEP) Committee's review of this matter at their October 12, 2020, meeting. At that meeting, the REEP Committee will also review staff's Position Paper for the November 5, 2020, Board meeting, which will recommend that the Board conduct a public hearing to consider awarding a PPA to REC and authorize the General Manager to execute a PPA with REC. The Position Paper will include details on the procurement process, the recommended vendor, and the advantages of their proposal. RECOMMENDED BOARD ACTION Set a public hearing for November 5, 2020, at 1:30 p.m. to consider awarding a Power Purchase Agreement with REC Solar Commercial Corporation for a solar photovoltaic system on Central San's Lagiss Property. Strategic Plan re-In GOAL ONE: Customer and Community Strategy 2—Maintain a positive reputation GOAL TWO: Environmental Stewardship Strategy 4- Reduce reliance on non-renewable energy GOAL THREE: Fiscal Responsibility Strategy 1—Maintain financial stability and sustainability October 15, 2020 Regular Board Meeting Agenda Packet- Page 15 of 89