Regulatory
Update
FEBRUARY 2, 2022
Agenda Item: 4
Regulatory Highlights
• NEM 3.0
• PG&E 2022 Energy Resource Recovery Account (ERRA) Forecast & Power Charge Indifference Adjustment (PCIA)
Agenda Item: 4
NEM 3.0
Proposed Decision (PD) issued December 13
• Would establish a Grid Participation Charge (avg $52/mo for res customer) • Would provide export compensation at CPUC’s Avoided Cost Calculator (ACC) rate EBCE has been active in the proceeding
• Sent Board’s NEM Resolution to CPUC Commissioners as a written ex parte • Filed Comments jointly with SDCP on the PD on 1/7, specifically arguing:
• Grid Participation Charge violates Federal law as it discriminates against DG • All customers including DG should pay all Nonbypassable Charges • Sierra Club’s export compensation proposal should be adopted • Conducted oral ex parte meetings with Cmmrs’ offices, highlighting our comments Next steps:
• Awaiting Oral Arguments (to be scheduled)
• Anticipating a revised PD (rewrite by Administrative Law Judge) or Alternate PD (rewrite by Commissioner)
• Unclear when PD will be voted on, given awaiting revisions and an updated schedule Agenda Item: 4
2022 ERRA Forecast
The ERRA Forecast proceeding:
• Sets the bundled generation rate for PG&E customers
• Sets the Power Charge Indifference Adjustment (PCIA) rate New generation/PCIA rates will go into effect March 1
• The bundled generation rate for PG&E customers is going to increase substantially (~30%) • The PCIA is going to decrease substantially (~40%)
• These changes offset some of the negative impacts of the 2021 ERRA Forecast rates Exact rate impacts will depend on a CPUC Decision
• Proposed Decision issued January 24th
• Commission vote scheduled for February 10th
Agenda Item: 4