AGENDA TITLE:
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Adopt a Resolution Accepting and Attesting to Veracity of 2024 Lodi Electric Utility Power Source Disclosure (EU)
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MEETING DATE:
October 1, 2025
PREPARED BY:
Jiayo Chiang, Senior Electric Utility Resources Analyst
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RECOMMENDED ACTION:
Adopt a resolution accepting and attesting to the veracity of the 2024 Lodi Electric Utility Power Source Disclosure.
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BACKGROUND INFORMATION:
Lodi Electric Utility (LEU) is required to annually disclose the sources of electricity it sells to consumers using reporting formats provided by the California Energy Commission (CEC).
As part of this requirement, LEU first submits a Power Source Disclosure (PSD) to the CEC detailing its resource mix for the reporting year as illustrated in Exhibit A. The CEC then compiles power resource information from all load serving entities to issue a resource mix for all of California. LEU is then required to provide a Power Content Label (PCL), generated by the CEC, to its customers showing the percentage breakdown by resource type.
Generation data for the PSD is compiled by the Northern California Power Agency (NCPA) and reviewed for accuracy by LEU staff. All reporting activities must be completed and posted by October 1, 2025 and notification to LEU's customers must be completed by December 31, 2025. Customer notification will be done via utility bills, LEU's website, social media, and postings at various City site locations including LEU, City Hall, Carnegie Forum, and the Library.
LEU continues to remain compliant with Renewables Portfolio Standard requirements with more than 56 percent of its power resource portfolio comprised of carbon free resources. Diversification of power resources and investment in renewables to fix costs and mitigate future energy market price risk helps maintain a cost-effective power portfolio.
On June 18, 2025, the Risk Oversight Committee received information on LEU's power resource mix as part ...
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