Solutions for Progress 

Eastside Power Authority

RBI staff conceived of and developed the operations for Eastside Power Authority beginning in 1989 by taking Direct Access service from Southern California Edison. Having advanced the Eastside to a point of virtual utility status, Eastside received special treatment in legislation authorizing Direct Access to the Whole markets. RBI arranged for a five-year wholesale contract at favorable rates; however, after a year and a half of contract deliveries, RBI, as part of its portfolio management role, noted credit issues with the supplier, margined the supplier and forced a contract buy-out in favor of Eastside at nearly 160 percent of the original value. RBI currently performs nearly all operations of the utility including load profiling, strategic planning and risk management, portfolio management, regulatory reporting, power scheduling, billing rate making, and cost reconciliation.