PG&E’s Rates Go Up, Down, Stay Even
The California Public Utilities Commission adjusted Pacific Gas & Electric’s rates Dec. 15. While revenue neutral, companies with large solar systems on their premises complained that the change would raise the amount of money they have to pay the utility and undermine the economics of their self-generation projects. Commissioners agreed to study their situation and try to resolve it by creating a new PG&E tariff category. Regulators held off on approving utility bundled procurement plans. These plans cover purchases of short- and medium-term power to meet customer needs from operators of existing generation facilities. Construction of new generating plants is covered separately under utility long-term procurement plans.
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