Board of Water and Power Commissioners · Held
Los Angeles Board of Water and Power Commissioners meeting, September 8, 2026
On the agenda: The Board of Water and Power Commissioners' Sept. 8, 2026 agenda had five items for approval, led by authority to issue up to $1.081 billion in fixed-rate, tax-exempt Power System revenue bonds and the yearly resolutions that set spending behind two rate adjustments: the Energy Cost Adjustment for the 12 months from Oct. 1, 2026 and the water supply, water quality and Owens Valley adjustments for 2027. It also had a $6,681,336 contract for outlet tower gates at Castaic Power Plant. Minutes were not posted as of Oct. 1, 2026, so outcomes are not confirmed here.
Agenda only. As of October 2, 2026, minutes for the September 8, 2026 meeting of the Board of Water and Power Commissioners had not been posted. This summary is based on the agenda and does not report what was decided.
| Where | Room 1555-H, 111 North Hope Street, Los Angeles, CA 90012 |
|---|---|
| Agenda | Official agenda (posted September 2, 2026) |
1. Energy Cost Adjustment expenditures
- What it does: A resolution approving expenditures under the Energy Cost Adjustment for the 12 months beginning Oct. 1, 2026 (agenda). The agenda gives no dollar amount.
2. Water supply, water quality and Owens Valley adjustments
- What it does: A resolution authorizing expenditures for the Water Supply Cost, Water Quality Improvement and Owens Valley Regulatory adjustments from Jan. 1 to Dec. 31, 2027 (agenda). The agenda gives no dollar amount.
3. Power System revenue bonds
- What it does: Resolutions 5095 and 5096 authorize DWP to issue fixed-rate, tax-exempt Power System revenue bonds (agenda).
- Money: Up to $1.081 billion (agenda).
5. Castaic Power Plant outlet tower gates
- What it does: Contract 8095 with Henry Pratt Company, LLC, a one-time purchase (agenda).
- Money: Not to exceed $6,681,336 (agenda).
The agenda’s filed items included the semi-annual rates metrics report and an August 2026 status report on Executive Directive 19 (agenda). The Sept. 22 agenda lists the Sept. 8 minutes for approval. Minutes for Sept. 8 were not posted as of Oct. 1, 2026; the Board’s Granicus archive lists no meeting after Feb. 24, 2026.
Every item
| # | Item | Outcome |
|---|---|---|
| 1 | Energy Cost Adjustment expenditures for the 12 months starting Oct. 1, 2026 | Not posted yet |
| 2 | Estimated water supply cost, water quality improvement and Owens Valley regulatory adjustments for calendar 2027 | Not posted yet |
| 3 | Authorize up to $1.081 billion in Power System revenue bonds | Not posted yet |
| 5 | Castaic Power Plant outlet tower gates from Henry Pratt Company, up to $6,681,336 | Not posted yet |
| A | Roll call | Not posted yet |
| B-C | Opening remarks by the commission president and remarks by commissioners | Not posted yet |
| D1 | Approve minutes of the Aug. 25, 2026 meeting | Not posted yet |
| E | General public comment | Not posted yet |
| F | Interim General Manager's report | Not posted yet |
| G-H | Ratepayer Advocate comments on agenda items and consideration of items recommended for approval | Not posted yet |
| I1 | Executive Directive 19 implementation status update | Not posted yet |
| J | Commissioner reports on committee activity | Not posted yet |
| K | Filed reports: semi-annual rates metrics, compliance status, financial services, Executive Directive 19 status, Power System monthly reports for April to July | Not posted yet |
| L-M | Introduction of motions for future consideration and discussion with neighborhood council representatives | Not posted yet |
| 4 | Lease with Big Pine Community Service District, about $4,025 in rent over five years | Not posted yet |
| O | Closed session: four existing lawsuits and one potential case | Not posted yet |
| P | Adjournment | Not posted yet |