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SFPUC approves Clean Power SF rate changes to offset PCIA shift and preserve parity with PG&E
Summary
The commission approved rate adjustments and a new PCIA‑offset bill credit so Clean Power SF remains price‑competitive with PG&E for the April 2019 citywide enrollment; staff said the change reduces projected reserve contributions and will require outreach explaining customers' bills will be held near parity.
Michael Himes and Charles Pearl presented a rate action for Clean Power SF to take effect Feb. 1, 2019. Staff proposed reducing Clean Power generation rates (6–9% depending on class) and introducing a new volumetric bill credit equal to the 2019 increase in PG&E's PCIA (Power Charge Indifference Adjustment). The credit is intended to separate PCIA volatility from Clean Power SF's program rates and keep customer bills competitive.
Staff said the changes will eliminate the program's existing 2% discount but hold customer charges equivalent to PG&E service for the upcoming large April enrollment. "This credit will show program rates and charges are indeed comparable to PG&E," Charles Pearl said, and staff asked the general manager to finalize rates once PG&E publishes 2019 rates in January.
Commissioners emphasized clear communications: Vice President Kane urged outreach that leads with the message that customers will not see higher bills and that the program remains committed to green product goals. Staff estimated the change would reduce Clean Power SF program revenues by about $12–13 million in the current fiscal year and slow reserve accumulation; the program will still cover operating costs and fund reserves but at a lower pace. Commissioners approved the rate action and related renewable energy contract awards; staff will return in January with finalized rates and additional financial detail.
Key factual details from the meeting: staff expects citywide enrollment to reach about 365,000 accounts and a program demand near 350 megawatts once enrollment is complete; the rate action is designed to make Clean Power SF generation costs equivalent to PG&E after accounting for PCIA.
