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Method used to calculate wholesale electricity cost may result in losses and liabilities

April 20, 2018
Sarina Soor
CCA, load, wholesale electricity
No Comments
“California Community Choice agencies (CCAs) procured more than $550 million of electricity last year to serve their customers. However, the current method used to settle the wholesale electricity transactions can result in substantial errors and unrecognized financial liabilities.” Click here to read more from Clean Power Exchange.
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CCEC is an initiative implemented by CivicWell (formerly Local Government Commission) and sponsored by the Bay Area Regional Energy Network (BayREN), the Tri-County Regional Energy Network (3C-REN), and the Southern California Regional Energy Network (SoCalREN).

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