Every four years, Southern California Edison (SCE) must file what is known as a General Rate Case (GRC) application with the California Public Utilities Commission (CPUC). The GRC applications set rates that customers pay to fund SCE’s day-to-day operations, including maintenance for its equipment, electricity grid upgrades, among other things. You may have gotten a notice from Southern California about the recent rate increase announcement.
On August 30, 2019, Southern California Edison filed an application for authority to increase it’s authorized revenues for electric service in 2021. The proposed rate increase for residential homes in SCE territory is 14.4%.
According to Southern California Edison, the purpose of the increase is to “cover it’s anticipated costs from 2021 through 2024 for its employees to inspect, repair, and when appropriate, upgrade poles, transformers, and distribution lines. This includes reducing wildfire risk and keeping the safety of the grid.” Their primary justification for the increases are threefold:
If SCE’s rate request is approved by the CPUC, the average homeowner’s electricity rate will increase from 18.1 cents / kWh to 20.7 cents/kWh. A 14.4% increase! That means that an average home that pays $100 a month to Southern California Edison could see its bills rise by $14.40 a month in 2021 if the request is approved. In 2021, we will see an increase of $14 in 2021, $4 in 2022, and $6 in 2023. The impact would be less for lower-income homeowners enrolled in programs like California Alternate Rates for Energy (CARE) programs. They will only see an increase of roughly $9.50 in 2021, $3 in 2022, and $4 in 2023.
The California Public Utilities Commission needs to hear your voice during their open proceedings. You can read the full details as well as voice your opinion in the matter, at:
With the expansion of solar PV systems being installed in California, more electricity is being returned and redistributed to consumers. By going solar, you can lock in your utility rates, and bypass the 14.4% increase. Conduct your own home energy audit to reduce your electricity usage.
Ready for a local, reliable and honest solar company to be by your side? Call Forme Solar at 714-694-2262 today to get a personalized solar quote. We understand the importance of breaking free from the constantly increase rate hikes from utility companies like SCE. Our goal is to help provide safe, reliable, affordable, and clean electricity to our customers through service excellence.