San Diego Has So Much Water, It’s Selling Thousands of Acre-Feet

Less than a month after cutting a deal with a Riverside County water district, the San Diego County Water Authority’s board Thursday approved another agreement with a different water agency from the county to the north.

The water authority will supply an annual quantity of 10,000 acre-feet to the Eastern Municipal Water District of Southern California for 21 years at a rate in Year 1 of around $1,350 per acre-foot. Additionally, Eastern will pre-purchase an additional 30,000 acre-feet for $19 million. All told, in the first five years of the agreement, the water authority would generate $74 million in new revenue.