department-of-power-and-water

3

The Los Angeles Department of Water and Power released 96 million black shade balls into the Sylmar Reservoir to reduce evaporation and deter algae and bacterial growth.

Shade balls reduce evaporation by 85 to 90 percent, saving nearly 300 million gallons a year.

The utility has been testing the concept since 2008, initially inspired by the “bird balls” used to deter birds in ponds along runways.

From here

Watch video here

Photographs by Gene Blevins

Sao Paulo Trails Los Angeles in Handling Drought, Moody's Says

Better planning, more of an effort to conserve water and the authority to set price increases left Los Angeles in a better position to handle its record drought than Sao Paulo, according to Moody’s Investors Service.

While California’s four-year, record-setting drought squeezed the state’s $43 billion agriculture industry and led to mandatory, statewide water restrictions for the first time, the Los Angeles Department of Water and Power has managed to reduce leakage and pursue more aggressive conservation strategies, the ratings company wrote in a research note. Cia. de Saneamento Basico do Estado de Sao Paulo, the utility that supplies the state and is majority-owned by the state government of Sao Paulo, has shown “less independence to set rates,” Moody’s said.

More from Bloomberg.com: Welcome to Quantitative Tightening as $12 Trillion Reserves Fall

South America’s largest city has also seen reservoirs run dry after years of below-average rain, and access to new reserves is limited by pollution, the ratings company said. Sabesp, which has offered discounts to customers who reduce consumption, has about five months of stored water supply, compared with 18 months for Los Angeles, according to Moody’s.

“Sao Paulo’s population has grown much more rapidly than that of Los Angeles, but its infrastructure spending has not kept pace, leaving the state unable to increase its water storage capacity,“ Moody’s Michael Wertz wrote in a research note.

More from Bloomberg.com: Xi Says China No Threat, Announces Military Cuts at Parade

The ratings company cut Sabesp to junk with a negative outlook Friday, saying the worst drought in decades weakened the company and eroded its liquidity.

Levels at Sabesp’s main reservoir were at 15.3 percent Thursday, down from 18.7 percent at the end of July. The Cantareira, as the reservoir is known, supplies water to 5.3 million people in the Sao Paulo metropolitan area, down from about 9 million before the start of the drought.

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Read Sao Paulo Trails Los Angeles in Handling Drought, Moody’s Says on bloomberg.com

Flapping about
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LATER this year a team led by Adrian Thomas, a professor of biomechanics at the University of Oxford’s Department of Zoology, will try to break the human-powered water speed record. The aim is to reach 20 knots (37kph, 23mph) over 100 metres, and beat the existing record of 18.5 knots, set in 1993 by a group from the Massachusetts Institute of Technology. They used a catamaran-style hydrofoil pushed along by a pedal-powered rear-mounted propeller. Dr Thomas’s craft looks more conventional, much like a canoe. But it has a hydrofoil under its bow and instead of being paddled is propelled by an underwater fin which is flapped up and down, in much the same way as a dolphin or whale swims.

The occupant (Dr Thomas will try for the record himself if he is fit enough) uses a pedalling mechanism to drive the fin. As the leg goes through the bottom third of the downward pedal cycle, the fin is driven down, generating the most thrust through the water. The fin goes up in the recovery phase as the leg moves back to the top of the cycle. The action is aided by rubber bands, which smooth out the flapping cycle and act as a suspension system. Getting the craft to…

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Moody's: São Paulo less equipped than Los Angeles to tackle drought

New York, September 03, 2015 – Although the state of São Paulo, Brazil and the city of Los Angeles, California are both hubs in the midst of multi-year droughts, a combination of better infrastructure planning, conservation efforts and authority to set rate increases leaves Los Angeles better able to manage the drought than São Paulo, where inefficiencies on these fronts could pressure the credit rating of the company in charge of the water system in the São Paulo’s metropolitan area, says Moody’s Investors Service.

The disparity in organizational structure and water supply between the Los Angeles Department of Water and Power (LADWP, Aa2 stable) and the Companhia de Saneamento Basico do Estado de São Paulo (SABESP, Ba1 negative) is largely responsible for the difference in the two companies’ ratings and increases the likelihood that the need for conservation will persist for longer in the state of São Paulo, according to the report “Planning, Investment, Sophistication Differentiate Drought Effects for Los Angeles and São Paulo Water Utilities.”

“São Paulo’s population has grown much more rapidly than that of Los Angeles, but its infrastructure spending has not kept pace, leaving the state unable to increase its water storage capacity,” says Michael Wertz, a Moody’s Assistant Vice President and co-author of the report. “As a result, the LADWP has 18 months of stored water supply versus roughly five months for SABESP.”

The LADWP has also greatly increased the efficiency of its water conveyance systems, reducing leakage, while São Paulo’s implementation in 2009 of a 12-year program to reduce water loss will be challenged by SABESP’s financial stability and will still lose a significant amount of water to leakage.

Moody’s also notes that despite good groundwater sources, the state of São Paulo derives essentially all of its water supply from surface reservoirs, and access to additional surface water reserves has been limited by pollution. While two agencies regulate the LADWP, pollution monitoring and control are spotty in São Paulo and hampered by not only improvised housing in areas lacking the infrastructure to treat contaminated water sources but also the absence of a comprehensive and integrated legal framework between municipalities.

The LADWP also has much greater latitude in the rate-setting process than SABESP, which increases its fiscal stability and allows the utility to pursue more aggressive conservation strategies.

“SABESP has shown less independence to set rates,” says Paco Debonnaire, a Moody’s analyst and co-author of the report. “Its efforts have been more inconsistent and are possibly subject to political considerations.”

Moody’s says that the combination of these factors and the credit strength of the LADWP will alleviate credit pressure on the utility through at least 2016 if the drought continues. In the agency’s view, SABESP’s credit profile is now more vulnerable to a potential continuation of the drought.


Moody's subscribers can access this report at
https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBM_1005304

This report is part of Moody’s ongoing research on the credit implications of environmental risks and developments. Concern over environmental change is leading to significant government policy initiatives globally as well as rising corporate innovation and investment. This heightened attention will lead to disruptive industry change, shifting investor capital allocation strategies and rising input costs related to increased pricing on carbon emissions and water usage. At the same time, severe environmental events are of growing concern to many market participants, who believe these events are increasing in frequency and severity.

Recent Moody’s publications on the credit implications of these developing environmental trends include:

Green Bonds Start to Bloom

Impact of Carbon Reduction Policies Is Rising Globally

These reports are available at: www.moodys.com/environmentalrisks

***

NOTE TO JOURNALISTS ONLY: For more information, please call one of our global press information hotlines: New York +1-212-553-0376, London +44-20-7772-5456, Tokyo +813-5408-4110, Hong Kong +852-3758-1350, Sydney +61-2-9270-8141, Mexico City 001-888-779-5833, São Paulo 0800-891-2518, or Buenos Aires 0800-666-3506. You can also email us at mediarelations@moodys.com or visit our web site at www.moodys.com.

This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.

Paco Debonnaire
Analyst
Public Finance Group
Moody's America Latina Ltda.
Avenida Nacoes Unidas, 12.551
16th Floor, Room 1601
Sao Paulo, SP 04578-903
Brazil
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Michael Wertz
Asst Vice President - Analyst
Public Finance Group
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© 2015 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved.

CREDIT RATINGS ISSUED BY MOODY’S INVESTORS SERVICE, INC. AND ITS RATINGS AFFILIATES (“MIS”) ARE MOODY’S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES, AND CREDIT RATINGS AND RESEARCH PUBLICATIONS PUBLISHED BY MOODY’S (“MOODY’S PUBLICATIONS”) MAY INCLUDE MOODY’S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MOODY’S DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL, FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RATINGS AND MOODY’S OPINIONS INCLUDED IN MOODY’S PUBLICATIONS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. MOODY’S PUBLICATIONS MAY ALSO INCLUDE QUANTITATIVE MODEL-BASED ESTIMATES OF CREDIT RISK AND RELATED OPINIONS OR COMMENTARY PUBLISHED BY MOODY’S ANALYTICS, INC. CREDIT RATINGS AND MOODY’S PUBLICATIONS DO NOT CONSTITUTE OR PROVIDE INVESTMENT OR FINANCIAL ADVICE, AND CREDIT RATINGS AND MOODY’S PUBLICATIONS ARE NOT AND DO NOT PROVIDE RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. NEITHER CREDIT RATINGS NOR MOODY’S PUBLICATIONS COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. MOODY’S ISSUES ITS CREDIT RATINGS AND PUBLISHES MOODY’S PUBLICATIONS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL, WITH DUE CARE, MAKE ITS OWN STUDY AND EVALUATION OF EACH SECURITY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE.

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ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY’S PRIOR WRITTEN CONSENT.

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MJKK and MSFJ also maintain policies and procedures to address Japanese regulatory requirements.

Lawyers call DWP billing settlement 'half-baked,' urge court to reject

Lawyers call DWP billing settlement ‘half-baked,’ urge court to reject

Attorneys representing several Los Angeles residents who sued the Department of Water and Power over the disastrous rollout of its new billing system are balking at a proposed settlement that the utility reached in a separate lawsuit over inflated and erroneous bills, calling it “half-baked.”

The utility had faced several Superior Court lawsuits over excessive charges that were dealt to…

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Lawyers call DWP billing settlement 'half-baked,' urge court to reject

Lawyers call DWP billing settlement ‘half-baked,’ urge court to reject

Attorneys representing several Los Angeles residents who sued the Department of Water and Power over the disastrous rollout of its new billing system are balking at a proposed settlement that the utility reached in a separate lawsuit over inflated and erroneous bills, calling it “half-baked.” The utility had faced several Superior Court lawsuits over excessive charges that were dealt to customers…

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Marya sells SRE 96.93: Tecogen : SoCalGas, LADWP, Brookfield Residential and Tecogen Host Sustainability Open House at The Resort at Playa Vista
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“Southern California Gas Co. is a regulated subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. The Los Angeles Department of Water and Power (LADWP) is the nation’s largest municipal utility …” said Maryetta to Jenae on Friday, August 28, 2015.

“My dear Miss Jenae,” said Maryetta, “have you heard that S1OH went up to 53?”

“S&P 100 Stocks Above 100-Day Average.”

Jenae replied that she had not.

“But it did,” said Maryetta. “US stocks slump; Dow briefly plunges 1,000 points U.S. stocks … The FTSE 100 index of leading British shares dropped 4.7 percent. In Asia, Japan’s Nikkei fell 4.6 percent, its worst one-day drop since in over 2 ½ years. Hong Kong’s Hang Seng index fell 5.2 percent, Australia’s S&P ASX/200 slid 4.1 …”

Jenae, with a mind so occupied, made no answer.

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Los Angeles Department of Water & Power, CA -- Moody's Assigns Aa3 on Los Angeles Department of Water and Power-Power Refunding Revenue Bonds; Outlook Positive

LADWP Selling $300 Million Power Revenue Refunding Bonds

New York, August 28, 2015 –

Moody’s Rating

Issue: 2015 Series B Power System Revenue Bonds; Rating: Aa3; Sale Amount: $300,000,000; Expected Sale Date: 09-03-2015; Rating Description: Revenue: Government Enterprise

Opinion

Moody’s Investors Service, (“Moody’s”) has assigned the Aa3 rating on the Los Angeles Department of Water and Power (LADWP) (CA)-Power Revenue Bonds. LADWP is selling $300 million Power Revenue Bonds, 2015 Series B. The rating outlook is positive. The current offering will refund 2012 Series C bonds for interest cost savings.

Summary Rating Rationale

The Aa3 rating considers LADWP’s strong flexibility as an unregulated monopoly providing an essential service to the City of Los Angeles, California; the benefits of size, as the largest municipal electric utility; its record of meeting board adopted financial performance metrics; a diverse and competitive power supply; along with its ownership, control and reliable operation of its transmission network, which represents about 25% of the state’s transmission grid. Importantly, such control gives LADWP the ability to better manage its carbon reduction strategy and meet its renewable energy portfolio goals. LADWP has reached deriving 23% of its power supply from renewable energy. LADWP has no dominant customers and has very competitive retail rates relative to the state average and more specifically, relative to Southern California Edison Company (SCE:A2 stable). LADWP’s transition out of coal-fired generation, the associated execution risk of its power resource plan and the expected increased debt leverage are risks also considered in the rating assigned.

Today’s rating assignment also acknowledges a more complicated process for setting rates than typically found for a municipal utility, but such risk is mitigated by governing board Electric Rate Ordinances, including interim fuel and other cost adjustment mechanisms which guide consistent and reliable cost recovery. About 50% of costs can be automatically passed through to customers without City Council action. Base rates have been increased several times over past several years including a 6.0% increase for FY 2014. The next base retail rate increase was recently proposed and includes an average annual 3.4% increase for power and water customers each year for the next 5 years. Most of the revenue raised will go towards the power system. The first annual increase once approved is projected to go into effect during the first quarter of 2016.

A longer-term challenge remains with the utility’s overall power resource transition plan particularly with regards to further reduction in coal-fired generation as part of LADWP’s fuel mix. Potential stranded cost questions emerge regarding the future of the 1800 MW coal-fired Intermountain Power Plant (IPP) after the 2027 IPP Contract ends. Nearer-term, IPP related challenges exist regarding the potential for federal action on any existing and new environmental regulations, including for example, how IPP might be affected by Utah’s implementation of its state carbon reduction plan to meet the new CPP. LADWP and many of the Utah participants of the Intermountain Power Agency (IPA) are in discussions to site a natural gas fired plant at the IPP site but uncertainty about the final decision remains. There are also questions about the role of the Southern Transmission System (STS), a major transmission line from IPP to southern California that is owned by the Intermountain Power Agency (IPA), in which LADWP is the major participant through the Southern California Public Power Authority (SCPPA) at 59.5% of total.

Importantly, and a key data point in the positive outlook, is the fact that after the five year capital improvement plan is completed, the LADWP debt ratio is expected to remain near the current level as the existing due principal is amortized and internal funds are contributed on a pay as you go basis. On a prospective basis, forecasts incorporate higher retail rates to fund the new debt.

Additionally, we understand that while the City of Los Angeles (General Obligation, unlimited tax bonds rated Aa2) has been faced with related financial stress and the burdens of its past pension commitments, no additional General Transfers (above the current 8% of operating revenues) have been requested of the utility over past several years.

Outlook

The positive rating outlook reflects our view that the utility continues to manage well the transition of its power resources to less carbon content, while maintaining its well established record of sound finances and competitive rates.

What Could Change the Rating Up

The long-term rating could be upgraded should LADWP succeed in its plans to transition to less carbon intense fuel mix including the reduction in the potential financial risk of shutdown of the IPP while maintaining historic sound financial metrics.

What Could Change the Rating Down

In light of the positive outlook, prospects for a downgrade are reduced. That said, the long-term rating could be downgraded if the LA City Council does not adopt sufficient rate increases necessary to ensure that LADWP’s sound financial metrics are maintained at the current level as it transitions to cleaner energy resources or if LADWP’s rates are externally regulated.

OBLIGOR PROFILE

LADWP is the nation’s largest municipal electric utility.

LEGAL SECURITY

LADWP power revenue bonds are issued pursuant to Section 609 of the City Charter and the Master Bond Resolution. The bonds are special obligations of LADWP payable only from the Power Revenue Fund. There is a sum-sufficient rate covenant and there is no debt service reserve requirement. The LADWP has maintained a Debt Reduction Trust Fund of approximately $500 million that can be used for payment of debt service. There is an additional bonds test of net income for 12 of 18 consecutive months shall amount to 1.25 times maximum annual adjusted debt service on all parity obligations. LADWP water bonds (rated Aa2) are separately-secured, payable from water fund revenues.

USE OF PROCEEDS:

Refunding of Power System Revenue Bonds, 2012 Series C for interest savings on outstanding debt.

PRINCIPAL METHODOLOGY

The principal methodology used in this rating was U.S. Public Power Electric Utilities with Generation Ownership Exposure published in November 2011. Please see the Credit Policy page on www.moodys.com for a copy of this methodology.

REGULATORY DISCLOSURES

For ratings issued on a program, series or category/class of debt, this announcement provides certain regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series or category/class of debt or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody’s rating practices. For ratings issued on a support provider, this announcement provides certain regulatory disclosures in relation to the rating action on the support provider and in relation to each particular rating action for securities that derive their credit ratings from the support provider’s credit rating. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating. For further information please see the ratings tab on the issuer/entity page for the respective issuer on www.moodys.com.

The following information supplements Disclosure 10 (“Information Relating to Conflicts of Interest as required by Paragraph (a)(1)(ii)(J) of SEC Rule 17g-7”) in the regulatory disclosures made at the ratings tab on the issuer/entity page on www.moodys.com for each credit rating:

Moody’s was not paid for services other than determining a credit rating in the most recently ended fiscal year by the person that paid Moody’s to determine this credit rating.

Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review.

Please see www.moodys.com for any updates on changes to the lead rating analyst and to the Moody’s legal entity that has issued the rating.

Please see the ratings tab on the issuer/entity page on www.moodys.com for additional regulatory disclosures for each credit rating.


Dan Aschenbach
Senior Vice President
Public Finance Group
Moody'sInvestors Service, Inc.250 Greenwich StreetNew York, NY 10007
U.S.A.
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653Chee Mee Hu
MD - Project Finance
Public Finance Group
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653

Releasing Office:
Moody's Investors Service, Inc.250 Greenwich StreetNew York, NY 10007
U.S.A.
JOURNALISTS: 212-553-0376
SUBSCRIBERS: 212-553-1653

© 2015 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved.

CREDIT RATINGS ISSUED BY MOODY’S INVESTORS SERVICE, INC. AND ITS RATINGS AFFILIATES (“MIS”) ARE MOODY’S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES, AND CREDIT RATINGS AND RESEARCH PUBLICATIONS PUBLISHED BY MOODY’S (“MOODY’S PUBLICATIONS”) MAY INCLUDE MOODY’S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MOODY’S DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL, FINANCIAL OBLIGATIONS AS THEY COME DUE AND ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RATINGS AND MOODY’S OPINIONS INCLUDED IN MOODY’S PUBLICATIONS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. MOODY’S PUBLICATIONS MAY ALSO INCLUDE QUANTITATIVE MODEL-BASED ESTIMATES OF CREDIT RISK AND RELATED OPINIONS OR COMMENTARY PUBLISHED BY MOODY’S ANALYTICS, INC. CREDIT RATINGS AND MOODY’S PUBLICATIONS DO NOT CONSTITUTE OR PROVIDE INVESTMENT OR FINANCIAL ADVICE, AND CREDIT RATINGS AND MOODY’S PUBLICATIONS ARE NOT AND DO NOT PROVIDE RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. NEITHER CREDIT RATINGS NOR MOODY’S PUBLICATIONS COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. MOODY’S ISSUES ITS CREDIT RATINGS AND PUBLISHES MOODY’S PUBLICATIONS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL, WITH DUE CARE, MAKE ITS OWN STUDY AND EVALUATION OF EACH SECURITY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE.

MOODY’S CREDIT RATINGS AND MOODY’S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS FOR RETAIL INVESTORS TO CONSIDER MOODY’S CREDIT RATINGS OR MOODY’S PUBLICATIONS IN MAKING ANY INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER.

ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY’S PRIOR WRITTEN CONSENT.

All information contained herein is obtained by MOODY’S from sources believed by it to be accurate and reliable. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided “AS IS” without warranty of any kind. MOODY’S adopts all necessary measures so that the information it uses in assigning a credit rating is of sufficient quality and from sources MOODY’S considers to be reliable including, when appropriate, independent third-party sources. However, MOODY’S is not an auditor and cannot in every instance independently verify or validate information received in the rating process or in preparing the Moody’s Publications.

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L.A. continues to lead in water savings; 21% in July

Los Angeles has surpassed California’s water conservation goal for a second month in a row.

L.A. Mayor Eric Garcetti said Wednesday that Angelenos cut water use by 21 percent in July, following an 18 percent cut in June. That means that L.A. customers used 2 million gallons less than the state target.

“Los Angeles continues to lead our state in crucial water conservation efforts in the face of this historic drought,” Garcetti said in a statement late Wednesday, adding that the city “is embracing sustainability and achieving real change.”

Earlier this year, Gov. Jerry Brown ordered a mandatory 25% reduction in urban water use statewide. To achieve that reduction, the water board assigned targets to each of the more than 400 urban water districts in the state. The Los Angeles Department of Water and Power was instructed to cut use 16% on both a monthly and a rolling cumulative basis until the end of February 2016.

In June, when the regulations took effect, the DWP saved just under 16% but were deemed to be in compliance because state regulators rounded up.

“This is a great achievement that demonstrates the city’s commitment to sustainability and our customers’ willingness to make lifestyle changes and save water during this drought,” DWP General Manager Marcie Edwards said in a statement. “Customers have been taking advantage of LADWP’s many rebate and incentive programs, which help reduce customers’ costs and save water.”

As reported by KPCC & The LA Times

Sustainability Open House at The Resort at Playa Vista Hosted by SoCalGas, LADWP, Brookfield Residential and Tecogen

Sustainability Open House at The Resort at Playa Vista Hosted by SoCalGas, LADWP, Brookfield Residential and Tecogen

LOS ANGELES , Aug. 25, 2015 / PRNewswire / – Southern California Gas Co. (SoCalGas), the Los Angeles Department of Water and Power (LADWP), Brookfield Residential Southern California (Brookfield) and Tecogen® Inc. (NASDAQ: TGEN) will host a Sustainability Open House at The Resort at Playa Vista (The Resort) today from 4 p.m. to 6:30 p.m. at 12852 Runway Rd in Los Angeles . The event will highlight The Resort’s newest resident activity clubhouse and its state-of-the-art energy efficient design.

At the Open House, SoCalGas and LADWP will also present the “Award of Excellence” to Randy Johnson , executive vice president of Brookfield for saving the Playa Vista Master Homeowner’s Association more than $20,000 annually through the use of natural gas, combined heat and power and solar photovoltaic technologies. The installed technologies include Tecogen’s CM-75 Ultra Cogeneration Module. The Combined Heat and Power module’s 75-kilowatt natural gas-powered engine provides about 40 percent of the community center’s electricity and is fitted with Tecogen’s patented Ultra technology which reduces harmful nitrogen oxides (NOx) and carbon monoxide (CO) emissions to near-zero levels. The waste heat from the Tecogen unit is then recovered and used to heat The Resort’s pools and spas.

“The Resort’s project is a wonderful example of what can happen when developers, builders and utilities work together,” said Gillian Wright , vice president of customer services for SoCalGas. “As a result of our SoCalGas and LADWP partnership, we are very pleased to report that we will be delivering incentive checks valued at more than $1 million combined to nine builders for participation in the California Advanced Homes Program. These represent more than 1,800 new ‘green homes’ within the Playa Vista Community .”

“The Resort at Playa Vista serves as a model of what housing should look like in the future. When innovations like these become the standard, the City of Los Angeles will have surpassed its goal of 15 percent increased energy efficiency by 2020 and taken a major step toward a greener more sustainable future,” said David Jacot , LADWP Director of Efficiency Solutions.

“We are incredibly excited to have partnered with SoCalGas, LADWP and Brookfield on this project,” said Robert Panora , President and COO of Tecogen. “The Resort project at Playa Vista is our first in conjunction with Brookfield and we hope to work with them on their energy-efficiency initiatives again in the future.”

About Southern California Gas Co.
Southern California Gas Co. has been delivering clean, safe and reliable natural gas to its customers for more than 140 years. It is the nation’s largest natural gas distribution utility, providing service to 21.4 million consumers connected through 5.9 million meters in more than 500 communities. The company’s service territory encompasses approximately 20,000 square miles throughout central and Southern California , from Visalia to the Mexican border. Southern California Gas Co. is a regulated subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego.

About LADWP
The Los Angeles Department of Water and Power (LADWP) is the nation’s largest municipal utility, having provided reliable water and power to Los Angeles residents and businesses for over 100 years. LADWP’s power system supplies more than 25 million megawatt-hours (MWh) of electricity a year for the City of Los Angeles’ 1.4 million residential and business customers. LADWP’s water system serves a population of 3.9 million people within 473 square miles by delivering 191 billion gallons of water annually to 674,000 residential and business water service connections.

About Tecogen
Tecogen manufactures, installs, and maintains high efficiency, ultra-clean combined heat and power products including natural gas engine-driven cogeneration, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company is known for cost efficient, environmentally friendly and reliable products for energy production that, through patented technology, nearly eliminate criteria pollutants and significantly reduce a building’s carbon footprint. In business for over 20 years, Tecogen has shipped more than 2,300 units, supported by an established network of engineering, sales, and service personnel across the United States. For more information, please visit www.tecogen.com .

About Brookfield Residential Southern California
Brookfield Residential Southern California ( Los Angeles and San Diego ) a division of Brookfield Residential, is committed to being more than a homebuilder. We strive to create the best places to call home. The Brookfield Residential Southern California ( Los Angeles and San Diego ) team has the passion, the expertise and the local knowledge to craft homes and neighborhoods that speak to homebuyers at every stage of life. We are an award-winning community developer, homebuilder and industry leader with an exceptional reputation for quality, design, and customer service.
Brookfield Residential Properties, Inc. is a leading North American land developer and homebuilder. We entitle and develop land to create master-planned communities and build and sell lots to third-party builders, as well as to our own homebuilding division. We also participate in select, strategic real estate opportunities, including infill projects, mixed-use developments and joint ventures.
For more information, visit www.brookfieldsocal.com or www.brookfieldresidential.com

About Playa Vista
Playa Vista is a connected urban community on the Westside of Los Angeles between Marina del Rey and the Westchester Bluffs. Located on property once occupied by Howard Hughes’ aircraft plant, runway and hangars, the land today is a walkable mix of new homes, creative offices, retail, year-round events and an extensive network of parks and open spaces. Playa Vista’s next and final development area adds 2,600 for-sale and apartment homes, 200 independent/assisted-living homes, more office space, a second resident club and new parks and open space. Construction is nearing completion on Runway at Playa Vista , the community’s mixed-use commercial and social center that includes an approx. 200,000-square-foot shopping center, apartments and office space. With 70 percent of the original community design designated as parks and open space, and with smart sustainable development throughout the community, Playa Vista is known as one of the most innovative and connected urban infill communities in the United States. The community is being developed by Brookfield Residential. Visit PlayaVista.com for more information.

SOURCE Southern California Gas Co.

For further information: Anne Silva | SoCalGas, 24-Hour Media Hotline: 877.643.2331 | socalgas.com/news-room | @SoCalGasNews; or John Hatsopoulos | Tecogen, P: 781-622-1120 E:jhatsopoulos@tecogen.com

Sustainability Open House at The Resort at Playa Vista Hosted by SoCalGas, LADWP, Brookfield Residential and Tecogen

LOS ANGELES, Aug. 25, 2015 /PRNewswire/ – Southern California Gas Co. (SoCalGas), the Los Angeles Department of Water and Power (LADWP), Brookfield Residential Southern California (Brookfield) and Tecogen® Inc. (TGEN) will host a Sustainability Open House at The Resort at Playa Vista (The Resort) today from 4 p.m. to 6:30 p.m. at 12852 Runway Rd in Los Angeles. The event will highlight The Resort’s newest resident activity clubhouse and its state-of-the-art energy efficient design.

At the Open House, SoCalGas and LADWP will also present the “Award of Excellence” to Randy Johnson, executive vice president of Brookfield for saving the Playa Vista Master Homeowner’s Association more than $20,000 annually through the use of natural gas, combined heat and power and solar photovoltaic technologies. The installed technologies include Tecogen’s CM-75 Ultra Cogeneration Module. The Combined Heat and Power module’s 75-kilowatt natural gas-powered engine provides about 40 percent of the community center’s electricity and is fitted with Tecogen’s patented Ultra technology which reduces harmful nitrogen oxides (NOx) and carbon monoxide (CO) emissions to near-zero levels.  The waste heat from the Tecogen unit is then recovered and used to heat The Resort’s pools and spas.

“The Resort’s project is a wonderful example of what can happen when developers, builders and utilities work together,” said Gillian Wright, vice president of customer services for SoCalGas. “As a result of our SoCalGas and LADWP partnership, we are very pleased to report that we will be delivering incentive checks valued at more than $1 million combined to nine builders for participation in the California Advanced Homes Program.  These represent more than 1,800 new ‘green homes’ within the Playa Vista Community.”

“The Resort at Playa Vista serves as a model of what housing should look like in the future.  When innovations like these become the standard, the City of Los Angeles will have surpassed its goal of 15 percent increased energy efficiency by 2020 and taken a major step toward a greener more sustainable future,” said David Jacot, LADWP Director of Efficiency Solutions.

“We are incredibly excited to have partnered with SoCalGas, LADWP and Brookfield on this project,” said Robert Panora, President and COO of Tecogen. “The Resort project at Playa Vista is our first in conjunction with Brookfield and we hope to work with them on their energy-efficiency initiatives again in the future.”

About Southern California Gas Co.
Southern California Gas Co. has been delivering clean, safe and reliable natural gas to its customers for more than 140 years.  It is the nation’s largest natural gas distribution utility, providing service to 21.4 million consumers connected through 5.9 million meters in more than 500 communities.  The company’s service territory encompasses approximately 20,000 square miles throughout central and Southern California, from Visalia to the Mexican border.  Southern California Gas Co. is a regulated subsidiary of Sempra Energy (SRE), a Fortune 500 energy services holding company based in San Diego. 

About LADWP
The Los Angeles Department of Water and Power (LADWP) is the nation’s largest municipal utility, having provided reliable water and power to Los Angeles residents and businesses for over 100 years.  LADWP’s power system supplies more than 25 million megawatt-hours (MWh) of electricity a year for the City of Los Angeles’ 1.4 million residential and business customers. LADWP’s water system serves a population of 3.9 million people within 473 square miles by delivering 191 billion gallons of water annually to 674,000 residential and business water service connections.

About Tecogen
Tecogen manufactures, installs, and maintains high efficiency, ultra-clean combined heat and power products including natural gas engine-driven cogeneration, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use.  The company is known for cost efficient, environmentally friendly and reliable products for energy production that, through patented technology, nearly eliminate criteria pollutants and significantly reduce a building’s carbon footprint.  In business for over 20 years, Tecogen has shipped more than 2,300 units, supported by an established network of engineering, sales, and service personnel across the United States.  For more information, please visit www.tecogen.com.

About Brookfield Residential Southern California
Brookfield Residential Southern California (Los Angeles and San Diego) a division of Brookfield Residential, is committed to being more than a homebuilder.  We strive to create the best places to call home.  The Brookfield Residential Southern California (Los Angeles and San Diego) team has the passion, the expertise and the local knowledge to craft homes and neighborhoods that speak to homebuyers at every stage of life.  We are an award-winning community developer, homebuilder and industry leader with an exceptional reputation for quality, design, and customer service.
Brookfield Residential Properties, Inc. is a leading North American land developer and homebuilder. We entitle and develop land to create master-planned communities and build and sell lots to third-party builders, as well as to our own homebuilding division. We also participate in select, strategic real estate opportunities, including infill projects, mixed-use developments and joint ventures.
For more information, visit www.brookfieldsocal.com or www.brookfieldresidential.com

About Playa Vista
Playa Vista is a connected urban community on the Westside of Los Angeles between Marina del Rey and the Westchester Bluffs.  Located on property once occupied by Howard Hughes’ aircraft plant, runway and hangars, the land today is a walkable mix of new homes, creative offices, retail, year-round events and an extensive network of parks and open spaces.  Playa Vista’s next and final development area adds 2,600 for-sale and apartment homes, 200 independent/assisted-living homes, more office space, a second resident club and new parks and open space.  Construction is nearing completion on Runway at Playa Vista, the community’s mixed-use commercial and social center that includes an approx. 200,000-square-foot shopping center, apartments and office space.  With 70 percent of the original community design designated as parks and open space, and with smart sustainable development throughout the community, Playa Vista is known as one of the most innovative and connected urban infill communities in the United States.  The community is being developed by Brookfield Residential. Visit PlayaVista.com for more information.

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Black Balls Fight California Drought

If you live in California, you know that the drought is kind of a big deal. People are a little serious about it. In order to combat the drought, the State of California has been forcing its residents to drastically cut their water usage, and threatening scofflaws that they will be fined. 

Los Angeles mayor Eric Garcetti, who had been called out on his water usage in the past, is seeking to make amends with his water guzzling past. This week he met up with Los Angeles Department of Water and Power (LADWP) to dump a bunch of little black balls in the Los Angeles Reservoir in Slymar, Calif. To be exact, 96 million balls have been poured into the reservoir (that’s what she said?). 

Although it’s funny to keep referring to these as ‘balls’ they actually added the word ‘shade’ in front of it. I guess to try and make it sounds less dirty. How they work is they protect the water from evaporation, acting like a cover. Not only do they keep the water in the man-made lake, but they also help to keep the water clean, which is it’s main function. 

Okay, make’s sense, but what if it’s a really windy day and the balls fly away and cause havoc on the city? Great question, they are weighed down with a tiny bit of water, to prevent that from happening. Even though this sounds a great new invention, it’s not. The tech has been widely used in water tanks at airports. 

Part of the reason why the LADWP needs these shade balls is because the natural bromide produced was mixing with the sunlight and chlorine, which makes the carcinogen bromate. No big deal. Shade balls help stop this process, and thus, help stop poison from roaming around, and potentially getting to a greater scale. 

Only 300 million gallons of water per year can be saved by the shade balls. I say ‘only’ because this number is minimal compared to the 13.6 billion gallons of water Los Angeles folk blasted through in the month of June. But with time, the number of saved water should increase and it could be more impactful. In the long run, the shade balls are pretty cheap to maintain and are recession friendly with a decade-long lifecycle.

Source: Science Alert http://www.sciencealert.com/la-is-dumping-millions-of-small-plastic-balls-into-its-reservoir-to-tackle-the-drought

Image Credit: LADWP via Flickr

Power restored to 12 buildings after LA electrical explosion

LOS ANGELES (AP) – Power has been restored to a dozen surrounding buildings after an electrical-equipment explosion shook a high-rise in downtown Los Angeles.

The city’s Department of Water and Power says electricity was rerouted to reach the 12 buildings late Friday afternoon.

The 19-story building where the blast first occurred remains without power.

The blast late Thursday night sent a man and woman to hospitals with minor injuries.

It broke pipes and flooded part of the basement, but there are no worries about its structural integrity.

Arena officials say the explosion briefly paused a Shania Twain concert at nearby Staples Center.

SoCalGas, LADWP, Brookfield Residential and Tecogen Host Sustainability Open House at The Resort at Playa Vista

SoCalGas, LADWP, Brookfield Residential and Tecogen Host Sustainability Open House at The Resort at Playa Vista

LOS ANGELES, Aug. 25, 2015 - Southern California Gas Co. (SoCalGas), the Los Angeles Department of Water and Power (LADWP), Brookfield Residential Southern California, and Tecogen® Inc. (NASDAQ: TGEN) will host a Sustainability Open House at The Resort at Playa Vista (The Resort) today from 4 p.m. to 6:30 p.m. at 12852 Runway Rd in Los Angeles. The event will highlight The Resort’s newest resident activity clubhouse and its state-of-the-art energy efficient design.

At the Open House, SoCalGas and LADWP will also present the “Award of Excellence” to Randy Johnson, executive vice president of Brookfield for saving PVPAL, the Playa Vista Master Homeowner’s association, more than $20,000 annually through the use of natural gas, combined heat and power and solar photovoltaic technologies. The installed technologies include Tecogen’s CM-75 Ultra Cogeneration Module. The Combined Heat and Power module’s 75-kilowatt natural gas-powered engine provides about 40 percent of the community center’s electricity and is fitted with Tecogen’s patented Ultra technology which reduces harmful nitrogen oxides (NOx) and carbon monoxide (CO) emissions to near-zero levels. The waste heat from the Tecogen unit is then recovered and used to heat The Resort’s pools and spas.

“The Resort’s project is a wonderful example of what can happen when developers, builders and utilities work together,” said Gillian Wright, vice president of customer services for SoCalGas. “As a result of our SoCalGas and LADWP partnership, we are very pleased to report that we will be delivering incentive checks valued at more than $1 million combined to nine builders for participation in the California Advanced Homes Program. These represent more than 1,800 new ‘green homes’ within the Playa Vista Community.”

“The Resort at Playa Vista serves as a model of what housing should look like in the future. When innovations like these become the standard, the City of Los Angeles will have surpassed its goal of 15 percent increased energy efficiency by 2020 and taken a major step toward a greener more sustainable future,” said David Jacot, LADWP Director of Efficiency Solutions.

“We are incredibly excited to have partnered with SoCalGas, LADWP and Brookfield on this project,” said Robert Panora, President and COO of Tecogen. “The Resort project at Playa Vista is our first in conjunction with Brookfield and we hope to work with them on their energy-efficiency initiatives again in the future.”

About Southern California Gas Co.
Southern California Gas Co. has been delivering clean, safe and reliable natural gas to its customers for more than 140 years. It is the nation’s largest natural gas distribution utility, providing service to 21.4 million consumers connected through 5.9 million meters in more than 500 communities. The company’s service territory encompasses approximately 20,000 square miles throughout central and Southern California, from Visalia to the Mexican border. Southern California Gas Co. is a regulated subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego.

Contact: Anne Silva | SoCalGas
24-Hour Media Hotline: 877.643.2331 | socalgas.com/news-room | @SoCalGasNews

About LADWP
The Los Angeles Department of Water and Power (LADWP) is the nation’s largest municipal utility, having provided reliable water and power to Los Angeles residents and businesses for over 100 years. LADWP’s power system supplies more than 25 million megawatt-hours (MWh) of electricity a year for the City of Los Angeles’ 1.4 million residential and business customers. LADWP’s water system serves a population of 3.9 million people within 473 square miles by delivering 191 billion gallons of water annually to 674,000 residential and business water service connections.

About Tecogen
Tecogen manufactures, installs, and maintains high efficiency, ultra-clean combined heat and power products including natural gas engine-driven cogeneration, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company is known for cost efficient, environmentally friendly and reliable products for energy production that, through patented technology, nearly eliminate criteria pollutants and significantly reduce a building’s carbon footprint. In business for over 20 years, Tecogen has shipped more than 2,300 units, supported by an established network of engineering, sales, and service personnel across the United States. For more information, please visit www.tecogen.com .

Contact: John Hatsopoulos | Tecogen
P: 781-622-1120 E: jhatsopoulos@tecogen.com

About Brookfield Residential Southern California
Brookfield Residential Southern California (Los Angeles and San Diego) a division of Brookfield Residential, is committed to being more than a homebuilder. We strive to create the best places to call home. The Brookfield Residential Southern California (Los Angeles and San Diego) team has the passion, the expertise and the local knowledge to craft homes and neighborhoods that speak to homebuyers at every stage of life. We are an award-winning community developer, homebuilder and industry leader with an exceptional reputation for quality, design, and customer service.
Brookfield Residential Properties, Inc. is a leading North American land developer and homebuilder. We entitle and develop land to create master-planned communities and build and sell lots to third-party builders, as well as to our own homebuilding division. We also participate in select, strategic real estate opportunities, including infill projects, mixed-use developments and joint ventures.
For more information, visit www.brookfieldsocal.com or www.brookfieldresidential.com .

About Playa Vista
Playa Vista is a connected urban community on the Westside of Los Angeles between Marina del Rey and the Westchester Bluffs. Located on property once occupied by Howard Hughes’ aircraft plant, runway and hangars, the land today is a walkable mix of new homes, creative offices, retail, year-round events and an extensive network of parks and open spaces. Playa Vista’s next and final development area adds 2,600 for-sale and apartment homes, 200 independent/assisted-living homes, more office space, a second resident club and new parks and open space. Construction is nearing completion on Runway at Playa Vista, the community’s mixed-use commercial and social center that includes an approx. 200,000-square-foot shopping center, apartments and office space. With 70 percent of the original community design designated as parks and open space, and with smart sustainable development throughout the community, Playa Vista is known as one of the most innovative and connected urban infill communities in the United States. The community is being developed by Brookfield Residential. PlayaVista.com for more information.

Download a PDF copy of this press release

SoCalGas, LADWP, Brookfield Residential and Tecogen Host Sustainability Open House at The Resort at Playa Vista

LOS ANGELES, Aug. 25, 2015 /PRNewswire/ – Southern California Gas Co. (SoCalGas), the Los Angeles Department of Water and Power (LADWP), Brookfield Residential Southern California, and Tecogen® Inc. (TGEN) will host a Sustainability Open House at The Resort at Playa Vista (The Resort) today from 4 p.m. to 6:30 p.m. at 12852 Runway Rd in Los Angeles.  The event will highlight The Resort’s newest resident activity clubhouse and its state-of-the-art energy efficient design.

At the Open House, SoCalGas and LADWP will also present the “Award of Excellence” to Randy Johnson, executive vice president of Brookfield for saving PVPAL, the Playa Vista Master Homeowner’s association, more than $20,000 annually through the use of natural gas, combined heat and power and solar photovoltaic technologies.  The installed technologies include Tecogen’s CM-75 Ultra Cogeneration Module.  The Combined Heat and Power module’s 75-kilowatt natural gas-powered engine provides about 40 percent of the community center’s electricity and is fitted with Tecogen’s patented Ultra technology which reduces harmful nitrogen oxides (NOx) and carbon monoxide (CO) emissions to near-zero levels.  The waste heat from the Tecogen unit is then recovered and used to heat The Resort’s pools and spas.

“The Resort’s project is a wonderful example of what can happen when developers, builders and utilities work together,” said Gillian Wright, vice president of customer services for SoCalGas. “As a result of our SoCalGas and LADWP partnership, we are very pleased to report that we will be delivering incentive checks valued at more than $1 million combined to nine builders for participation in the California Advanced Homes Program.  These represent more than 1,800 new ‘green homes’ within the Playa Vista Community.”

“The Resort at Playa Vista serves as a model of what housing should look like in the future.  When innovations like these become the standard, the City of Los Angeles will have surpassed its goal of 15 percent increased energy efficiency by 2020 and taken a major step toward a greener more sustainable future,” said David Jacot, LADWP Director of Efficiency Solutions.

“We are incredibly excited to have partnered with SoCalGas, LADWP and Brookfield on this project,” said Robert Panora, President and COO of Tecogen. “The Resort project at Playa Vista is our first in conjunction with Brookfield and we hope to work with them on their energy-efficiency initiatives again in the future.”

About Southern California Gas Co.
Southern California Gas Co. has been delivering clean, safe and reliable natural gas to its customers for more than 140 years.  It is the nation’s largest natural gas distribution utility, providing service to 21.4 million consumers connected through 5.9 million meters in more than 500 communities.  The company’s service territory encompasses approximately 20,000 square miles throughout central and Southern California, from Visalia to the Mexican border.  Southern California Gas Co. is a regulated subsidiary of Sempra Energy (SRE), a Fortune 500 energy services holding company based in San Diego. 

Contact: Anne Silva | SoCalGas
24-Hour Media Hotline: 877.643.2331 | socalgas.com/news-room | @SoCalGasNews      

About LADWP
The Los Angeles Department of Water and Power (LADWP) is the nation’s largest municipal utility, having provided reliable water and power to Los Angeles residents and businesses for over 100 years.  LADWP’s power system supplies more than 25 million megawatt-hours (MWh) of electricity a year for the City of Los Angeles’ 1.4 million residential and business customers. LADWP’s water system serves a population of 3.9 million people within 473 square miles by delivering 191 billion gallons of water annually to 674,000 residential and business water service connections.

About Tecogen
Tecogen manufactures, installs, and maintains high efficiency, ultra-clean combined heat and power products including natural gas engine-driven cogeneration, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use.  The company is known for cost efficient, environmentally friendly and reliable products for energy production that, through patented technology, nearly eliminate criteria pollutants and significantly reduce a building’s carbon footprint.  In business for over 20 years, Tecogen has shipped more than 2,300 units, supported by an established network of engineering, sales, and service personnel across the United States.  For more information, please visit www.tecogen.com.

Contact: John Hatsopoulos | Tecogen
P: 781-622-1120 E:jhatsopoulos@tecogen.com

About Brookfield Residential Southern California
Brookfield Residential Southern California (Los Angeles and San Diego) a division of Brookfield Residential, is committed to being more than a homebuilder.  We strive to create the best places to call home.  The Brookfield Residential Southern California (Los Angeles and San Diego) team has the passion, the expertise and the local knowledge to craft homes and neighborhoods that speak to homebuyers at every stage of life.  We are an award-winning community developer, homebuilder and industry leader with an exceptional reputation for quality, design, and customer service.

Brookfield Residential Properties, Inc. is a leading North American land developer and homebuilder. We entitle and develop land to create master-planned communities and build and sell lots to third-party builders, as well as to our own homebuilding division. We also participate in select, strategic real estate opportunities, including infill projects, mixed-use developments and joint ventures.

For more information, visit www.brookfieldsocal.com or www.brookfieldresidential.com

About Playa Vista
Playa Vista is a connected urban community on the Westside of Los Angeles between Marina del Rey and the Westchester Bluffs.  Located on property once occupied by Howard Hughes’ aircraft plant, runway and hangars, the land today is a walkable mix of new homes, creative offices, retail, year-round events and an extensive network of parks and open spaces.  Playa Vista’s next and final development area adds 2,600 for-sale and apartment homes, 200 independent/assisted-living homes, more office space, a second resident club and new parks and open space.  Construction is nearing completion on Runway at Playa Vista, the community’s mixed-use commercial and social center that includes an approx. 200,000-square-foot shopping center, apartments and office space.  With 70 percent of the original community design designated as parks and open space, and with smart sustainable development throughout the community, Playa Vista is known as one of the most innovative and connected urban infill communities in the United States.  The community is being developed by Brookfield Residential. Visit PlayaVista.com for more information.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/socalgas-ladwp-brookfield-residential-and-tecogen-host-sustainability-open-house-at-the-resort-at-playa-vista-300132841.html

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Power restored to 12 buildings after LA electrical explosion

LOS ANGELES (AP) – Power has been restored to a dozen surrounding buildings after an electrical-equipment explosion shook a high-rise in downtown Los Angeles.

The city’s Department of Water and Power says electricity was rerouted to reach the 12 buildings late Friday afternoon.

The 19-story building where the blast first occurred remains without power.

The blast late Thursday night sent a man and woman to hospitals with minor injuries.

It broke pipes and flooded part of the basement, but there are no worries about its structural integrity.

Arena officials say the explosion briefly paused a Shania Twain concert at nearby Staples Center.