Los Angeles

Energy Climate

April 14, 2023 Item #5

Agenda Item 5

(5)\n23-0347\nMotion (Krekorian – Yaroslavsky – Blumenfield) relative to the request for the Los Angeles Department of Water and Power (LADWP) to report on the delivery of direct to customer incentives for building electrification, deep energy efficiency, and clean energy, the feasibility of launching an on-bill repayment program for various market segments, including options for self-financing through LADWP bills, including but not limited to SoCal Gas, the feasibility of sponsoring the creation of an independent financing institution such as a nonprofit Green Bank and/or a means to connect customers with Community Development Financial Institutions and other existing capital providers to directly finance energy efficiency and clean energy projects, timeline and process to update residential and commercial time of use rates, and related matters.\nCommunity Impact Statement: \nNone submitted\nMotion (Krekorian - Yaroslavsky - Blumenfield) dated 3-24-23.pdf