PG&E has cost California over $3 billion by mismanaging its RPS portfolio

When community choice aggregators take up serving PG&E customers, PG&E saves the cost of having to procure power for the departed load. Instead the CCAs bear that cost for that power. The savings to PG&E’s bundled customers are not fully reflected when calculating the exit fee (known as the power charge indifference adjustment or PCIA) … Continue reading PG&E has cost California over $3 billion by mismanaging its RPS portfolio