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PUC approves lower Clean Power SF generation rates and discusses rapid citywide growth plan
Summary
Commissioners approved revised Clean Power SF generation rates (effective July 1, 2017) to keep prices competitive after PG&E and PCIA changes and reviewed a staff growth plan to complete citywide enrollment by fiscal 2019 and target 50% renewable content for the green product by 2020.
The San Francisco Public Utilities Commission on April 11 adopted revised Clean Power SF generation rates and reviewed staff recommendations for a rapid expansion of the community-choice aggregation program.
Eric Sandler, chief financial officer, said staff proposed reducing the green-product generation rate by an average of about 4% and lowering the Super Green premium for commercial customers from $0.02 to $0.014 to keep the program competitive after PG&E and PCIA (Power Charge Indifference Adjustment) adjustments.
"We set Clean Power SF generation rates so that, when you add the PCIA and franchise fee, a customer would pay about a quarter percent less than if purchasing generation directly from PG&E," Sandler said.
After discussion and public comment,…
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