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CPUC Summer Demand Side Decision Cuts Back on Fossil Power

25 Mar

The California Public Utilities Commission March 25 unanimously approved a revised emergency resource plan for the private utilities for the next two summers. Unlike the initial proposal, this new decision prohibits using increased gas generation from plants with existing contracts and from revived plants to meet high demand. Many clean air advocates were pleased by […]

CPUC Pitches Additional 7,500 MW Mid-Decade

4 Mar

A California Public Utilities Commission proposal calls for 7,500 MW of new power in California, with less than one-third of that carbon free. The recalculation of needed resources covering 2024-26 is intended to address demand for electricity on the hottest days.  The proposal by Administrative Law Judge Julie Fitch seeks to address a resource gap […]

Utility Annual Earnings & 4th Quarter Go North and South

25 Feb

Edison International’s earnings for 2020 fell, but its fourth quarter net income was higher than in 2019. For Sempra Energy, the reverse was true. Edison International–Annual earnings for Southern California Edison’s parent company dropped to $700 million in 2020, or $1.98 per share. That compares to $1.3 billion in 2019, or $3.78 per share. Fourth […]

Rising Rates Drown Equity and Decarbonization

25 Feb

The burden of continually rising utility bills will derail California’s decarbonization work if left unaddressed, regulators, economists and ratepayer advocates warn. The rising costs are bearing down on struggling customers who’ve been hit hard by pandemic-driven job losses and sheltering at home. Higher bills undermine California’s equity policy goals and jeopardize the state’s clean energy […]

Utility Regulators Grapple with $1B+ in Unpaid Energy Bills

11 Feb

The California Public Utilities Commission is exploring options for paying off the more than $1.15 billion in unpaid utility bills that has accumulated during the pandemic. “The numbers are pretty horrendous,” CPUC President Marybel Batjer said Feb. 11 of the arrearages for Pacific Gas & Electric, Southern California Edison, San Diego Gas & Electric and […]

The Buzz

7 Jan

Three is not a charm for Pacific Gas & Electric. Its problematic 1,150 MW Unit 2 at its Diablo nuclear plant is down for a third time because of a new issue. The soonest it will be back online is the end of May. A quintet of community energy agencies receive solid credit ratings, which […]

Shorts

17 Nov

East Bay Community Energy pulled from its Nov. 18 board agenda the issue of a whether to use the nuclear power from Diablo Canyon. “The item was pulled due to lack of interest among the largest Brilliant 100 customer base and it won’t be reconsidered in 2020,” Melissa Brandt, EBCE spokesperson, said. Local power activists have objected […]

PG&E’s $7.5B Ratepayer Bond Would Assume Shareholder Debt

10 Nov

Pacific Gas & Electric is seeking regulatory permission to shift $7.5 billion of its 2017 wildfire costs from shareholders to ratepayers. Ratepayer advocate groups, both large and small, strenuously object on grounds it places an inordinate financial risk on utility customers while providing them little or no benefit. “It is morally reprehensible,” April Rose Maurath […]

SCE $337M Ratepayer-Funded Bond Approved

5 Nov

With no discussion, the California Public Utilities Commission unanimously voted to allow Southern California Edison to issue $337 million in bonds fully backed by ratepayers early next year. They are to cover the first round of the utility’s recent grid hardening costs. Intervenors who opposed SCE’s initial bond proposal, led by The Wild Tree Foundation, […]

Guest Juice: Energy Crisis 2.0: It’s Time to Use Our Smart Meters

2 Nov

The rolling blackouts, according to the Preliminary Report on Causes of August Rotating Outages, were fundamentally caused by a California Independent System Operator software glitch and community choice agencies, utilities and direct access providers collectively under-scheduling customer demand in the Day-Ahead Market by ~7% to 8% on Aug. 14 and 15. Ordinarily the under-scheduling wouldn’t […]

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 […]

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