The Board of Supervisors of Riverside County, California, advanced to the next stage of submitting a plan to the California Public Utilities Commission (CPUC) to create a Community Choice Aggregation (CCA) program. A CCA program would create a different way to purchase energy while providing residents and businesses a chance to save money.
Currently, Riverside County resident purchase electricity from Southern California Edison; a CCA plan would utility companies to compete for business, potentially lowering electricity prices.
In 2016, New York-based Good Energy conducted a study for Riverside County examining electricity-use trends and the potential benefits of a CCA plan. The study found that unincorporated areas of Riverside County used 2.1 billion kilowatt-hours in 2015, with households consuming the highest volume of electricity at 34 percent. Large, industrial businesses were the second-largest electricity consumers at 28 percent.
The Good Energy research found that Riverside County residents could save about $7.75 million annually – about 9 percent off each resident’s electricity bill – by participating in a CCA program. Also, the study found that county businesses could save about 10 percent of energy bills.
Through a CCA program, the county would have the opportunity to tap a variety of energy sources for delivery to customers, making block purchases at preferred rates. Residents and businesses in unincorporated areas of the county would become part of the CCA electricity distribution program unless they opt out.
The CPUC may take up to three months to review the county’s proposed program. Electricity rates in California are some of the highest in the nation, and communities such as Riverside County have looked to CCA programs to help stabilize and lower electricity prices. As of October, six CCA operate in California, with at least two other communities in the process of developing similar programs.
Communities in several other states, including Illinois, Massachusetts, New York, and Ohio, have saved money through similar Community Choice programs. And Good Energy represents more than 600,000 households in more than 200 energy aggregation programs.
For more information about Good Energy Community Choice Aggregation plans, visit Good Energy. [LINK: http://www.goodenergy.com/Community-Energy-Aggregation/community-energy-aggregation]