Who has the authority to set the electricity rates for LADWP?

The authority to set electricity rates for the Los Angeles Department of Water and Power (LADWP) rests with the City Council. This governing body is responsible for evaluating and approving rate changes based on the financial needs of the utility, operational costs, and the overall economic environment. The City Council often considers recommendations from LADWP's Board of Commissioners and the General Manager, but the final decision regarding rate adjustments and new tariffs is ultimately made by the Council. This ensures that the rates reflect the interests of the public and the needs of the city's residents while also maintaining the financial sustainability of the utility.