CA state mandated rate restructure July 2024

[J.P.M.]

The governor signed the bill in 2022.The details will be ironed out in CPUC hearings.

Yes. 06/30/2022 as can anyone with one eye and one balloon knot and the ability to read quickly determine.
Thank you for filling all of us in on the obvious.

As you seem to be writing, after all the wrangling/hearings/shenanigans by interested parties the CPUC members will then vote on the way the particulars of the bill are to be implemented.
Then the CPUC approves/denies (by a vote) the POCO's rates/methods that reflect how the POCO's propose to implement the CPUC's voted on decision.
Those are the votes that count for rate payers.
At least that's the way I understand how the game is run.

[Ampster]

..........
I'd respectfully remind readers that bill 205, like most bills, will most likely take some time and several iterations and changes before a final version is submitted to a vote.

............
I'm getting the popcorn ready to watch the comments and the show.

The govorner signed the bill in 2022. The details will be ironed out in CPUC hearings over the next year.. I agree there may be several interations and changes to the proposals in front of the CPUC. I have already enjoyed a bag of popcorn listening to all the people that don't know the bill was passed in mid 2022.

[J.P.M.]

One of the better write ups in terms of explaining this is here: https://timesofsandiego.com/business...lat-rate-plan/

For those of us where solar covers near or all of our yearly usage after NEM credits, the flat fee portion of these changes will definitely increase one's annual costs.

And there's little doubt the the "equity" aspect is in play here as discussed here: https://californiaglobe.com/articles...gy-transition/

And, further to that, given that most SDG & E customers use WAY more than the 400 kWh/mo. At a more likely 1,000 kWh/mo., and using the article's rates, their savings under the proposed rates might be quite a bit.

At 1,000 kWh/mo., and simple math for middle income user (however that will be determined):

Old bill: $473/mo.
New bill: $73/mo. + (1,000 kWh*$0.27/kWh) = $73 + $270 = $343/mo.

Selling the save story might make for less headwind for the POCOs with the non-NEM customers.

[J.P.M.]

One of the better write ups in terms of explaining this is here: https://timesofsandiego.com/business...lat-rate-plan/

For those of us where solar covers near or all of our yearly usage after NEM credits, the flat fee portion of these changes will definitely increase one's annual costs.

And there's little doubt the the "equity" aspect is in play here as discussed here: https://californiaglobe.com/articles...gy-transition/

Thank you.

Looks like maybe a bit of a reconning day for excess generators too.

I'd respectfully remind readers that bill 205, like most bills, will most likely take some time and several iterations and changes before a final version is submitted to a vote.

I wouldn't panic or proclaim salvation just yet, but if I read the writing on the wall correctly, the time for some of the free ride for NEM customers in CA may be nigh onto over.

I'm getting the popcorn ready to watch the comments and the show.

[CharlieEscCA]

One of the better write ups in terms of explaining this is here: https://timesofsandiego.com/business...lat-rate-plan/

For those of us where solar covers near or all of our yearly usage after NEM credits, the flat fee portion of these changes will definitely increase one's annual costs.

And there's little doubt the the "equity" aspect is in play here as discussed here: https://californiaglobe.com/articles...gy-transition/