Power Supply Transformation IEPA 2013 Annual Meeting September 27, 2013 January 2013

1 Long-Term Energy Plan High Reliability Competitive Rates Environmental Policies Guiding Principles High Reliability Power Reliability Program Integrating Renewables Flexible Generation Environmental Policies Reducing GHG emissions Replacing coal power Eliminating ocean cooling Competitive Rates Maximizing existing infrastructure Cost effective business approaches LADWP’s Power Supply Transformation is guided by long-term planning through the Integrated Resource Plan (IRP)

Over the next 15 years, we will replace over 70 percent of it... L.A.’s Power supply was built over the last 100 years. 2

... and replace and modernize much of the grid infrastructure used to reliably deliver power to our customers. 3

Transformation of Energy Sources 4 Present % 45% *Estimated percentages will differ from CEC reporting requirements (e.g. accounting for energy efficiency as a resource.)

Future Renewable Resources with Energy Efficiency 5 RPS (SB2 1X) Targets: 25 percent by percent by 2020 EE (AB2021) State Goal: 10 percent by 2020

LADWP Solar Program Forecast 6 Includes Largest Feed-in Tariff Program of any U.S. City