The largest municipal utility in the United States, the Los Angeles Department of Water and Power (LADWP), announced a new partnership with 8minute Solar to provide solar + storage to households throughout Los Angeles and the San Fernando Valley—at the lowest combined prices on record.

What Happened?

LADWP Commissioners approved the project—which could be the largest solar energy purchasing agreement in the utility’s history and could also be the largest municipal photovoltaic operation in the world.

8minute said it will build the 400-MW solar park, with battery storage, in 2 phases starting operations in 2022 with full operational capabilities in 2023.

Why It Matters

Due to the partnership’s unprecedented scale, 8minute said it is able to provide LADWP with the lowest solar energy prices in the U.S., at less than 2 cents per kWh.

8minute also says the peak construction phase will create over 700 new jobs.