Monday, September 30, 2024
HomePhotographyCEA shares budget update – San Diego Union-Tribune

CEA shares budget update – San Diego Union-Tribune

Published on

spot_img


Clean Energy Alliance revenues through August are at 112% of the project budget and expenditures are at 99% of what was projected, according to a budget update Sept. 26 with the preliminary figures.

Actual revenues are $88.2 million, compared to a budgeted $78.7 million, according to Clean Energy Alliance CEO Greg Wade. Expenditures are at $55.7 million, compared to a budgeted $56 million.

“This is coming through the summer months on slightly higher rates,” Wade said. “We’ll continue to monitor this, but a good sign as we move through the first months of the fiscal year.”

Alternate board member Eric Joyce from Oceanside asked about the recent heat wave and how that would impact the revenue.

“We’re not going to see those revenues until sometime in October,” Wade said. “But we’ve already seen a pretty steady revenue stream that’s above estimated budget.”

Wade also said there weren’t any shutdowns of the grid, but there were “a couple small outages.”

“I think what that speaks to is that the efforts that the state, the region and programs like CEA and San Diego Community Power have done is created that grid stability that we’re seeking,” he said.



Source link

See also  Thoughtful new ‘Cleopatra’ play uncovers the hidden story of Egyptian queen – San Diego Union-Tribune

Latest articles

Solana Beach discusses first three utility undergrounding districts – San Diego Union-Tribune

Solana Beach City Council members asked during their Sept. 25 meeting for more...

Epic Games to Sue Google, Samsung Over Alleged App-Store Scheme

The “Fortnite” maker claims the tech giants colluded to place onerous restrictions on...

Husband’s post-retirement fitness habits driving wife crazy

Dear Eric: My husband loves going to the gym since he has retired....

22-year-old gang member sentenced 70 years to life for 2 murders

KING CITY, Calif. - A 22-year-old man pleaded guilty in a Salinas court...

More like this

Solana Beach discusses first three utility undergrounding districts – San Diego Union-Tribune

Solana Beach City Council members asked during their Sept. 25 meeting for more...

Epic Games to Sue Google, Samsung Over Alleged App-Store Scheme

The “Fortnite” maker claims the tech giants colluded to place onerous restrictions on...

Husband’s post-retirement fitness habits driving wife crazy

Dear Eric: My husband loves going to the gym since he has retired....