3CE proposes to implement the first cost of service rate structure of any Community Choice Energy (CCE) program in California pending the support of 3CE’s Policy Board of Directors. The goal of implementing this new rate structure is to benefit 3CE customers by providing predictability, simplicity, fairness and competitiveness.
3CE launched service in 2018 based on the existing CCE program rate structure of mirroring the investor-owned utility’s (IOUs) rates and then applying a discount inclusive of relevant fees. This approach poses some problems, including frequent rate changes, subsidizing some customer segments, and complex customer plan choices. Most IOUs, including PG&E and SCE can change several times a year, and typically change their rates no less than once a quarter, often by increasing them, causing rate uncertainty across all customer segments.
With our current rate structure 3CE also needed to adjust its rates in order to continue mirroring the IOU rates and applying our discount. The first of its kind proposed COS rate structure would among other things ensure no rate increases for three years. Join us to learn more.