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For the City of LA’s COVID-19 response, visit corona-virus.la
For LADWP’s COVID-19 response, visit www.ladwp.com/covid19response

System revenue

Statement by LADWP Chief Financial Officer Philip Leiber on Power System Revenue Shortfall

Statement by LADWP Chief Financial Officer Philip Leiber on Power System Revenue Shortfall “The revenue shortfall currently being experienced is a temporary delay in recovery of revenue associated with delays in billing and collections, and our decision to stop customer disconnections for non-payment. While power system collections are currently $200 million below the anticipated level, […]