The Los Angeles Department of Water and Power (LADWP), the largest municipal utility in the nation, was established more than 100 years ago to deliver reliable, safe water and electricity supplies to some 3.8 million residents and businesses in Los Angeles.
The Department provides its 640,000 water customers and 1.4 million electric customers with the best service and lowest cost resources available.
As a revenue-producing proprietary department, LADWP transfers about 7 percent of its annual estimated electric revenues and 5 percent of its water revenues to the city of Los Angeles general fund. LADWP's operations are financed solely by the sale of water and electric services. Capital funds are raised through the sale of bonds. No tax support is received.
A five-member Board of Water and Power Commissioners establishes policy for LADWP. The Board members are appointed by the Mayor and confirmed by the City Council for five-year terms.
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