Pasadena Water and Power
Electric Rate and
Ordinance Adjustments
Municipal Services Committee
February 10, 2026
Item #1
PWP Rate
Comparison
SoCal Edison
$191.60 Glendale
$178.68
LADWP
$139.71
PWP -
November 2025
$115.01 Burbank
$107
The Public Power Promise
Pasadena Water and Power rates remain competitive, providing reliable service while maintaining affordability compared to California's major investor -owned utilities. *Amounts represent monthly total single family residential bill with the usage of 500 kWh for the month of November 2025. Amounts calculated using published rate schedules. Electric amounts calculated using published non-time of use rate schedules. Amounts also exclude taxes and non bypassable surcharges. Information has been sourced from publicly available information at the time generated.
Rate Strategy
Cost of Service
• Revenue
Requirement
• Functionalize
• Classify
• Allocate
• Guide for cost -
based rates
“Rate Making”
• Policy Decisions
• Incentivize
behavior
• Industry practice is
to move towards
COS
Rates do not always
match COS; prop 26
compliance
Rates
• Collect sufficient
revenue
• Support community
goals
• Support utility goals
• Price signal to
customers
⁻ Convey i nformati on
⁻ Change behavi or
Rate Plan
Classes
Phase 1
March
2026
Phase 2
October
2026
Phase 3
March 2027
Residential 7% 7% 7%
Commercial - Small 7% 7% 7%
Medium - Commercial 7% 7% 7%
Large - Commercial 7% 7% 7%
Street Lighting 7% 7% 7%
Traffic Signals 7% 7% 7%
Total System 7% 7% 7%
Total annualized (year over year) average customer bill change.
Customer Impacts
16 Changes will impact all customers at some
magnitude. To help customers understand what
these changes will mean to them, a bill estimator is
scheduled to be released after setting the hearing
date.
The ordinance anticipates AMI deployment
a n d t im e- of - u s e p ric in g .
Future -readiness
Propose to move al l rate fi gures to the El ectri c
Ut ilit y Ra t e Re s o lu t io n , a llo w s a d ju s t m e n t s a n d a m o re lo g ic a l b u d g e t in g a n d p la n n in g process.
Streamlined governance
Technical alignment
Defi ni ti ons and schedul es now match CPUC
termi nol ogy, NERC standards, and CAISO
market conventi ons
Ordinance
Restatement &
Modernization