Archive | Rates RSS feed for this section

Fact Checking Trump’s and Biden’s Energy Transition Plans

26 Oct

In the presidential candidates’ final debate, President Trump said Vice President Biden’s energy plan could cost tens of millions of jobs. Wind is “extremely expensive” and solar “doesn’t quite have it yet,” he added. Trump avoided answering a question about the health impacts of polluting industries. There is “a moral obligation” to address the climate […]

The Buzz

23 Oct

State utility regulators allow Pacific Gas & Electric to fold $447 million into rates to recoup part of its wildfire tab. Whether these incurred costs linked to different accounts are reasonable will be determined later. Also this week, a majority of the California Public Utilities Commission refuses to back a penalty program aimed at stopping […]

CPUC Lets PG&E Recover $447M From Ratepayers for Wildfires

22 Oct

The California Public Utilities Commission unanimously approved a request from Pacific Gas & Electric to pass on $447 million of its various wildfire mitigation costs to ratepayers without undergoing a reasonableness review. PG&E will raise residential rates over 17 months, starting this December, by an average $48. CPUC President Marybel Batjer insisted the approval “will […]

Recurring Problem Forced Diablo Canyon Nuke Unit Offline

20 Oct

The untimely Oct. 15 shut down of the Diablo Canyon nuclear plant’s Unit 2 is the second malfunction in a critical component of its electric generator, which was just rebuilt. In July, the same Pacific Gas & Electric unit was forced offline because then, as now, the cooling system that lowers the extreme heat inside […]

CPUC Judge Adds Ratepayer Protections to $337M SCE Bond

20 Oct

The California Public Utilities Commission pushes back against a controversial proposal by Southern California Edison to put its ratepayers on the hook for $337 million in new debt. The utility plans to raise the money from bondholders to cover its costs of hardening power equipment against fire threats, which will be fully repaid by SCE […]

How High California Must Jump to Top Zero Emissions Bar

13 Oct

California can achieve a zero-emissions economy by 2045 with existing technologies, but only if the state adds a lot more solar, wind, and battery storage each year. It specifically requires that over the next 25 years, annual build outs of these resources exceed their single biggest growth year to date, according to a draft joint […]

The Buzz

9 Oct

The release of the much anticipated first analysis of the major causes of the mid-August blackouts highlights warnings previously raised. That includes agency resource forecasting and planning missing the mark on climate and a cleaner grid. Major stakeholders—from utilities to community energy—insist that clean reliable resources are needed now more than ever. The California Public […]

CPUC: Small Renewables Can Contract Again with IOUs

8 Oct

The California Public Utilities Commission unanimously approved reopening the utility procurement door to small renewable energy developers. At the same Oct. 8 meeting, regulators agreed to increase ratepayer protections in the event that a community energy organization fails, requiring their customers to go back to the utility. The five commissioners voted to revive a part of […]

Shorts

7 Oct

To better protect the climate, Gov. Gavin Newsom Oct. 7 ordered that 30% of state lands be preserved, including by carbon capture activities. State agencies are to take steps to store more carbon, including by curbing wildfire threats, restoring wetlands and planting trees, which will help the state achieve carbon neutrality by 2045. “The science […]

The Buzz

2 Oct

Pacific Gas & Electric seeks a couple of billion dollars more from ratepayer pocketbooks for utility-sparked wildfires in 2017 and 2018. It also asks state regulators for the green light to put its long-time headquarters in San Francisco up for sale. It says it will give the gain to customers. In other news, the grid […]

News Roundup: PG&E Seeks $2B more for Past Fire Costs

1 Oct

Pacific Gas & Electric is asking the California Public Utilities Commission for authority to charge ratepayers another $2 billion for costs of the 2017 wildfires and 2018 Camp Fire. It also wants approval to sell its century-old headquarters in San Francisco. The utility seeks “$1.18 billion in expense and $801 million in capital expenditures, which […]

Resurrected Ratepayer-Funded Bonds Lining Up

30 Sep

Updated Oct. 1 Pay attention to Southern California Edison’s request to quickly shift wildfire costs to customers. It plans to do this through a financing mechanism it hasn’t used in 23 years: issuance of less costly bonds paid back fully by ratepayers. Pay attention because a lot more requests for approval of bonds like these […]

The Buzz

25 Sep

Southern California Edison reaches a $2 billion settlement with insurance firms that paid business and residential claims for their losses from wildfires in 2017-18 fires and mudslides. It includes funds for claims filed through mid-2023. The same day, the City of San Diego formally opens bidding for its electric and gas right-of-way franchise. It has […]

News Roundup: SCE Reaches $2B Deal with Fire Insurers

25 Sep

Southern California Edison agreed to a nearly $2 billion settlement to cover all claims by insurance companies for payouts they made to businesses and homeowners harmed by the utility-sparked 2017 Thomas and Koenigstein fires, and the 2018 Montecito mudslides. The agreement announced Sept. 23 pays $1.6 billion to insurance firms for third party fire claims […]

New Bonds Put Ratepayers 100% on the Hook, and the Tab?

23 Sep

Consumer advocates are warning that a test case before the California Public Utilities Commission will set a grave precedent for Californians if regulators give it the okay. At issue is how much private utilities get to charge ratepayers for bonds they issue to cover their wildfire costs, including protecting against blazes. Southern California Edison plans […]

The Buzz

18 Sep

Groundbreaking action by federal regulators requires grid operators to open their doors to aggregated power from energy storage, solar rooftops, electric vehicles, and energy efficiency. CAISO is ahead of the regional transmission operator pack, but the new rule is expected to ease the way for more clean distributed resources into its grid. The Federal Energy […]

Rooftop Solar Compensation Under Review, Again

15 Sep

How much owners of rooftop solar reap for excess energy produced and the conditions attached have been battled in and outside California for several years. The Golden State has inconsistent solar policies, from providing $3 billion in subsidies under the decade-long Million Solar Roofs program that ended in 2017, to adding hefty charges to net […]

The Buzz

11 Sep

Northern San Diegans vigorously protest San Diego’s plan to upgrade and extend a big power line from San Marcos to Escondido. After listening to concerns about fire and financial dangers, as well as visual blight, the California Public Utilities Commission pulls the item from this week’s business meeting. In other news, the utility regulators learn […]

Energy Chair Sounds Alarm Over Skyrocketing Electric Bills

9 Sep

The Assembly Utilities & Energy Committee Chair warned that increases in California utility bills are becoming untenable. Chris Holden (D-Pasadena) pointed to the private utilities’ tab to reduce climate-aggravated wildfires, which gets passed on to customers. “Rates are really getting out of control,” Holden said during a Sept. 9 Power Association of Northern California meeting, […]

The Cause of California’s Blackouts

8 Sep

Under Gov. Gavin Newsom’s order, the California Public Utilities Commission has initiated a “root-cause analysis” of the state’s August 14-15 blackouts. Its joint report with the grid operator and California Energy Commission is expected to be completed at the end of this month. The blackouts were “intolerable,” but combined with the pandemic, west-wide heat storm, […]

error

Please share California's Energy Policy news source with your friends