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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 […]

CPUC Speeds Up Effort to Bring More Power Online

8 Oct

The California Public Utilities Commission vowed Oct. 8 to accelerate its usual process in order to make more energy resources available by next summer. It also promised to modernize planning to reflect extreme heat, particularly as solar and wind supplies decrease with the setting sun.  The commitment was made two days after the California Independent […]

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 […]

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 […]

Net Present Value for Dummies

23 Sep

The new law created by AB 1054 seeks to tamp down rising utility bills by mandating that when the companies issue bonds paid back by ratepayers they use the lowest rate possible to save customers the most money. That is to be accomplished by applying a net present value analysis. This analysis reflects that a […]

Juice: Scrutiny of Demand Response Failures Needed

15 Sep

The analysis of the rolling blackouts is in the works but there was advanced warning of some serious systematic problems, making some mistakes avoidable. The joint agency root cause report of the mid-August blackouts may be underway, but some problems were just waiting to happen. California was clearly and inexcusably on a path to rely […]

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 […]

Northern San Diego County Residents Oppose New Overhead Line

10 Sep

Members of the public expressed strong concern about a proposal by San Diego Gas & Electric to modernize and extend a 12-mile 69 kV line through northern San Diego County, leading state regulators to delay a vote for construction that seemed sure to be approved. Several locals, many emotional, said the proposed overhead line running […]

PG&E Shuts off Power in 22 Counties, SDG&E & SCE Customers Lose Power

8 Sep

High temperatures and fires over the Labor Day weekend put the grid to the test. While the California Independent System Operator managed to keep supply and demand in balance Sept. 5-7, tens of thousands of customers of the three investor-owned utilities lost power or had it shut off because of wildfires during and after the […]

The Buzz

27 Aug

State utility regulators sign off on funding the country’s biggest green public interest energy program and utility electric vehicle charging plan. The California Public Utilities Commission approves Southern California Edison’s $436 million program to install 38,000 electric car ports, focused on renters in and outside of struggling communities. The CPUC also extends for a decade […]

Ratepayers to Continue Funding Programs to Green the Grid

27 Aug

The California Public Utilities Commission unanimously approved charging ratepayers $1.4 billion over the next decade to continue paying for emerging clean energy technologies. These include those that help create a clean reliable grid, reduce air pollution in struggling communities, advance zero and low emission vehicles and reduce wildfire risks. “In California we know we need […]

The Buzz

20 Aug

After 400,000 Pacific Gas & Electric, Southern California Edison and San Diego Gas & Electric customers had their power cut late last week because extreme heat spiked energy demand, Gov. Newsom tells energy officials to analyze the screw up. The grid operator, and heads of the California Public Utilities Commission and Energy Commission also must […]

High Demand Drives up Power Prices to $1,500 MWh in So Cal

18 Aug

Rolling blackouts that had been forecast were averted Monday and Tuesday thanks to large and small customers who slashed their energy use. Peak demand on Monday dropped more than 4,000 MW below the projected high of 49,827 MW. “The response was stunning,” Steve Berberich, California Independent System Operator president and chief executive officer, said during […]

CA Gets It that the Power System Must Manage EV Charging

18 Aug

California’s heat wave-induced blackouts came during evening peak demand spikes. If California fails to manage electric vehicle charging it could make those spikes a lot more common, according to new research. California leads the U.S. with nearly 750,000  of the estimated 1.5 million U.S. light duty EVs. Electric vehicle sales rose over 60% in 2019.  […]

Officials Grill So. CA Utility Execs Over Wildfire Preparation

11 Aug

California investor-owned utilities pledged to reduce the extent and duration of their power shutoffs this year. They also assured regulators this week that they’ve taken steps to thwart the spread of Covid-19 at community centers during fires and outages, and to protect medically vulnerable customers. Utility regulators and fire and emergency response agencies grilled utility […]

The Buzz

31 Jul

A trio of Bay Area community energy providers in PG&E territory announce big plans for home battery backups. An agreement reached with Sunrun includes 20 MW of distributed solar that will charge batteries in 6,000 dwellings across three counties. The parent companies of Southern California Edison and Pacific Gas & Electric release earnings reports. Edison […]

California’s Climate “Credit” for Dummies

14 Apr

Editor’s Note: This is the third of a new Current series explaining the fundamentals of energy terms. With it, we hope to pull back the curtain on terms of art used in California utility regulation. Updated April 16 Residential ratepayers of California’s two largest utilities are set to receive roughly $36 of climate “credit” on […]

The Energy Industry in the Time of COVID-19

24 Mar

The energy industry has instituted operational changes to slow the spread of the new coronavirus while staying focused on continuing “essential” services. In addition, energy agencies are pulling back on enforcement in response to the Covid-19 contagion. Onsite agency investigations and audits have come to a stop. State and federal energy agencies also are granting […]

The Buzz

28 Feb

Pacific Gas & Electric is hit with a historic fine of $2.14 billion for igniting deadly wildfires in Northern California in 2017 and 2018. It comes a few days after PG&E reports significant losses in its 2019 earnings report. The private utilities in the southern half of the state fare far better. Southern California Edison, […]

PG&E Suffers Big Loss in 2019

24 Feb

PG&E Corp. suffered a larger loss in net income last year than in the previous year. However, its 4th quarter loss for 2019 was about half the size of its 2018 fourth quarter hit. In its latest earnings report, the parent company reported a loss of $7.7 billion, at minus $14.50 a share, for 2019. […]

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