Department of Water and Power of the City of Los Angeles

Upcoming Bond Sales

Power System Revenue Bonds 2023 Series D
Amount: Up to $312.39 million* 
Expected Sale Date: Week of October 9, 2023*

*Subject to change

Bond Ratings

Bond Ratings
  Moody's Fitch S&P KBRA
Power System Revenue Bonds






Water System Revenue Bonds






Investor Presentations

LADWP Investor Presentations include unaudited financial and operational information, which is current as of the date of the presentations but is subject to adjustment and may be amended. Additionally, the presentations may include forward looking financial and operational information that is subject to unknown risks, uncertainties, and other factors that may cause actual results to differ materially from the projected results. 

Trust Funds Investment Policy

Rates Information

The Los Angeles Department of Water and Power (LADWP) implemented a new water and power rate ordinance effective April 15, 2016, with rate adjustments for 2016 through 2020, that provides funding to accelerate the replacement of aging infrastructure, better protect against drought conditions, and meet water and power supply mandates while improving customer service. The new rates are also designed to further incentivize conservation while keeping LADWP’s rates low in comparison with nearby utilities.

Contact Information for Investor Relations

Escrow Agent and Paying Agent for Variable Rate Bonds

U.S. Bank Bondholder Relations