FOR IMMEDIATE RELEASE: January 19, 2023
Contact: Leora Broydo Vestel
(415) 999-4757 | firstname.lastname@example.org
California Community Choice Association Releases Model Practices Guide
Publication Reflects CCAs’ Commitment to Responsible Business Practices
Concord, Calif. – The California Community Choice Association (CalCCA) announced today the release of a new guide to responsible business practices and sound governance for Community Choice Aggregation (CCA). The Model Practices Guide addresses key areas of CCA operations including financial management, enterprise risk management, implementation and expansion planning, transparency, and deregistration.
“The development of the guide marks a significant step towards further unification and maturity as California’s community choice energy providers work together to establish the foundational elements of a successful CCA,” stated CalCCA Executive Director Beth Vaughan.
The guide was created with input from the Model Practices Committee, comprised of staff of CalCCA member agencies with expertise in finance, operations, risk planning, power procurement, and compliance. The committee was formed in the wake of Western Community Energy’s 2021 bankruptcy to develop model CCA business practices.
The Model Practices Guide is intended to act as a framework for community choice energy providers to best support their operations while considering scale, local interests, and other unique circumstances. The guide will:
- Help ensure that Community Choice Aggregators (CCAs) are consistently well-managed, financially secure, operating professionally, and effectively governed by boards of elected or appointed officials;
- Facilitate a more deliberate exchange among Members of model practices for governance and operation;
- Enable CCAs to jointly anticipate and address challenges arising in regulatory and legislative venues and within the CCA community; and
- Communicate model practices to customers, governing boards, policymakers, financial institutions, the CCA community, and the public.
The Model Practices Committee’s work also included enhancing the transparency of members’ operations through the creation of a portal on CalCCA’s website to provide easy access to CCAs’ financial, policy, and formation documents. The portal can be found at cal-cca.org/key-cca-documents.
The Model Practices Guide is a living document that will be reviewed and regularly updated as needed.
Launched in 2016, the California Community Choice Association (CalCCA) represents California’s community choice electricity providers before the state Legislature and at regulatory agencies. There are 25 operational CCA programs in California serving more than 11 million customers—about one-quarter of the state’s population—in 200+ cities and counties throughout the state. For more information about CalCCA, visit www.cal-cca.org.