The price? According to the city attorney, via this contract (pdf) LADWP will be getting 1.9% of its power from an emission free, global-warming fighting, peak generating resource for the low low price of 9.5 cents/kWh.
For a utility that still gets 41% of its power from coal, this is great news.
On a related note, readers may have noticed that there is a lot of solar development happening in Boulder City, NV. Why? The free beer must have something to do with it.
Vote Solar is a non-profit grassroots organization working to fight climate change and foster economic opportunity by bringing solar energy into the mainstream.