CPUC decision could cost energy customers

“The California Public Utilities Commission (CPUC) voted to approve controversial revisions to the Power Charge Indifference Adjustment (PCIA) at the October 11 Commission Voting Meeting. The PCIA is an “exit fee” charged by the state’s investor-owned utilities (IOUs) to Community Choice Aggregators (CCAs) and other departing load customers to compensate for electricity generation built or contracted in the past at prices that are now above-market.”

Click here to read more from Clean Power Exchange.

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