QUESTION
How will the public option be executed and how will benefits be distributed to property owners?
0:34:31
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54 sec
The public option may be executed through a power purchase agreement (PPA), and a grant requires a 20% reduction in energy utility costs for property owners.
- The Department of Citywide Administrative Services (DCAS) employs various procurement mechanisms, including PPAs.
- A requirement for the grant agreement for public solar and energy savings demands a 20% reduction in energy utility costs for beneficiaries.
- This grant requirement ensures property owners receive a proportionate share of benefits.
Sandy Nurse
0:34:31
And would the public option be executed through a power purchase agreement?
Sanna Barakat
0:34:42
We have many procurement mechanisms that we use, one of them as being the PPA.
Sandy Nurse
0:34:48
Okay.
0:34:49
And how will the city ensure that property owners receive a proportionate share of those benefits?
Sanna Barakat
0:34:56
Hi.
0:34:56
This is Pablo.
0:34:57
A more private question.
Elijah Hutchinson
0:34:59
As as part of the as part of the grant for public solar and the energy savings associated with it, those it's a requirement of the grant agreement that the the reductions in energy utility costs be 20% of what they're used to paying.
0:35:17
So that's a requirement of the grant itself and how we design around the program.
Sandy Nurse
0:35:21
Okay.
0:35:22
I just have three questions, and then I'm gonna turn it over to council member Holden.