You might have heard rumblings that PG&E rates will increase 20% by 2019. While we can’t attest to what the final details will be, we do want to be candid and reassure our solar customers that they aren’t losing out on their investments. The California energy market is quite accustomed to rate increases due to inflation, but these small, proposed changes will have big impacts on seasonal energy users —especially the ag industry.
Here are the facts:
On January 19, 2017, California Public Utilities Commission (CPUC) commissioners voted to accept the revised proposed decision titled, “Decision Adopting Policy Guidelines to Assess Time Periods For Future Time-Of-Use Rates and Energy Resource Contract Payments.”
While many details are still in flux, we expect the CPUC’s acceptance of final rate proposals from PG&E and other utilities to come by year-end.
The reality is that utilities have always been allowed to adjust the dollar amount of any given rate. Whether you have solar or not, utility companies — particularly PG&E — are hoping to simplify your billing. For example, PG&E is looking to condense over a dozen ag rate options to three in an effort to streamline billing processes. With these updates, both the utility company and the customer will have a more transparent billing process.