The Rising Influence of Rising Affluence

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LADWP gets average of 34% from the gas plants, 29% renewables (combo of hydro, solar and wind) and 19% imported from coal plants in adjacent states. I think they would do better just switching over to EIX and SRE. They are cleaner, ie no coal for a while now. $15B will buy you a lot of solar at current prices and there is no shortage of desert just over the mountains. Some city own utilities (Palo Alto for example) are seeing lower and lower bids for electricity generated in socal deserts. NEE can provide wind generated electrons at 2.5 cents/kw. $15B would buy 600GW theoretically. Almost 10X what the entire LA uses currently if my math is right. There is better use for beach front property in LA.

https://en.wikipedia.org/wiki/Los_Angeles_Department_of_Water_and_Power