8/17/2023 0 Comments Scv signal clean power alliance![]() He has a broad range of experience covering electricity market evaluation, economic and financial analysis, commodity market simulation modeling, contract evaluation, forecasting and pricing models, and utility resource planning. Octavien serves as Resource Planner for Clean Power Alliance, supporting various functions within the Procurement team. These above-market costs are embedded in SCE’s generation rates for bundled SCE customers starting next year these costs will be itemized for all customers, regardless of who is your energy supplier. Although it is sometimes referred to as an “exit fee,” the PCIA (Power Charge Indifference Adjustment) collects funds to cover above-market energy contract costs that are paid for by all electricity customers, not just those who switched to a Community Choice Aggregator like CPA. This charge has been part of SCE customer bills since before Clean Power Alliance. This charge provides an accelerated recovery of Investor Owned Utility investments made prior to deregulation. The CTC (Competition Transition Charge) is a legacy charge related to electricity sector deregulation in the late 1990s. The charges go to the State of California for potential disbursement to the Investor Owned Utilities if necessary.Ģ. It was set to expire in 2021 but was extended for another 15 years to establish a wildfire liability fund that Investor Owned Utilities like Southern California Edison (SCE) can draw upon in the event of a catastrophic event. ![]() The DWR (Department of Water Resources) Bond Charge is a legacy charge to pay off bonds that were issued to rescue the California electricity system from the 2000-2001 energy crisis.
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