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Board-adopted 2026 rates aim to balance customer discounts and reserves amid PCIA volatility
Summary
San Diego Community Power staff presented the board-adopted 2026 rate adjustment, adopting a staff-recommended "balance" scenario described as a "Goldilocks" approach that provides discounts while protecting financial reserves against PCIA swings; staff will return with a rate-stabilization policy and monitor reserve targets.
Aaron (rates staff) updated the Community Advisory Committee on the 2026 rates that the board adopted on Jan. 15. He said staff presented three scenarios and the board selected a balanced option that seeks to maximize customer affordability while maintaining financial reserves and resilience against PCIA and market-price volatility.
Aaron described the mechanics: Community Power…
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