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San Diego Community Power board approves limited 2026 rate adjustment to maintain discounts versus SDG&E
Summary
The board approved a targeted rate adjustment effective May 1, 2026, to preserve Community Power’s policy objective of keeping PowerOn about 4% and PowerBase about 10% below SDG&E’s generation rates after SDG&E’s recent filings and corrected supplemental filing altered comparative positioning.
San Diego Community Power’s board on April 23 approved a staff‑recommended, limited adjustment to customer generation rates to remain consistent with previously adopted rate objectives after recent SDG&E filings changed the competitive comparison.
CEO Karin Burns opened the item and Senior Directors Lucas Utouh (Data Analytics & Customer Operations) and Tim Manglicmot (Finance) presented the analysis. Staff said SDG&E filed an advice letter and a supplemental filing correcting a material classification error; once SDG&E’s consolidated rates were final, Community Power staff recalculated rates to preserve the board‑adopted target discounts.
"We aim for a resident of National City to be able to receive the same discount and a resident of La Mesa," Lucas Utouh said, describing Community Power’s trifurcated vintage rates designed to give equivalent discounts to customers who joined the program in different years. Tim Manglicmot added that the PowerOn product would continue to target roughly a 4% generation discount to SDG&E and PowerBase roughly 10%, with Power100 and the Green‑e Plus premium rates unchanged.
Staff noted the principal driver of the adjustment is the PCIA (the fee affecting CCA competitiveness), along with SDG&E’s generation and delivery changes. Presentation slides showed modeled customer bill impacts and staff projected roughly $17 million in margin collection for calendar year 2026 under the adjusted rates; staff characterized that as within expected budgetary tolerance and said it was not a broader 2026 rate reset.
Board members asked about the frequency of SDG&E rate changes and coordination with SDG&E; staff said SDG&E’s periodic filings can be frequent and noted the state utilities commission review process governs their changes. The board approved the rate adjustment on a unanimous roll call. Staff said they will notify lenders, commercial counterparties and customers per established procedures and return to the board if broader rate policy changes are proposed.
