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The state’s electricity rates have been increasing rapidly, outpacing inflation in recent years by approximately 47% from 2019 to 2023. ... California's soaring electricity rates strain ...
Implemented from 2020 to 2021, the plan offered by Southern California Edison, Pacific Gas & Electric and San Diego Gas & Electric was meant to align rates with the costs of producing electricity ...
Community Choice Aggregation (CCA), also known as Community Choice Energy, municipal aggregation, governmental aggregation, electricity aggregation, and community aggregation, is an alternative to the investor-owned utility energy supply system in which local entities in the United States aggregate the buying power of individual customers within a defined jurisdiction in order to secure ...
According to the California Public Utilities Commission’s latest electricity rate report, rates for the state’s three largest utilities have increased by an average of 96% since January 2014 ...
As of 2017, California is a deregulated electricity market. [63] It has a number of electric load-serving entities, including as of 2015 six investor-owned utilities (IOU), 46 publicly owned utilities, 4 electric cooperatives, 3 community choice aggregators, and 22 electric service providers. [63]
Both events have occurred during the history of utility regulation. The above goals attempt to serve the interests of the utility, its shareholders, consumers, and the general public. To be constitutional, a rate cannot be so high as to be confiscatory. Most state statutes further require rates to be just, reasonable, and non-discriminatory. [4]
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