Los Angeles seeks record setting solar power price under 2¢/kWh
The Los Angeles Department of Water and Power (LADWP) Board of Commissioners was presented with the Eland Solar & Storage Center in Kern County, California, from an LADWP internal team on June 18, 2019. The team told the commissioners that on July 23, they plan to seek approval of a 25-year power purchase agreement (PPA) priced at 1.997¢/kWh for 400 MWac / 530 MWdc of solar electricity delivered at time of generation plus 1.3¢/kWh for the excess electricity later delivered from a co-located 200 MW / 800 MWh energy storage system.
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