LADWP Board Members To Offer Solar Energy At Record Low Rates
Board of Commissioners at The LA Department of Water and Power (LADWP) will probably approve a two-phase 25-year PPA (power purchase agreement) at the rate of 1.3¢ per kWh for electricity from a 400 MW/800 MWh power storage system, and 1.997¢ per kWh for 400 MWac/530 MWdc of solar energy. As first reported by photovoltaic…