During a Dec. 6 board meeting, the Riverside County supervisors approved a plan to retain Good Energy along with the Oakland-based Keyes, Fox & Wiedman to implement the county’s Community Choice Aggregation program.
As part of the Community Choice Aggregation plan, Good Energy will be able to negotiate better pricing for Riverside County through block purchasing of electricity.
County residents could see electric bills reduced $7.75 million each year, according to a Good Energy feasibility study. And in addition to residents saving about 9 percent of power bills, commercial customers also can save about 10 percent.
As with other Community Choice Aggregation Programs managed by Good Energy, customers can opt-out of the program at any time.
The California state legislature approved Community Choice Aggregation programs in 2002, and five California regions, including San Francisco, are developing plans similar to Riverside County. The plan must still be approved by the California Public Utilities Commission.
“We look forward to helping Riverside County residents find the best ways to lower their electric bills,” says Charles de Casteja, Managing Partner of the New York City-based Good Energy. “California represents a new, booming area for such Community Choice programs, and Good Energy will be there each step of the way to help communities like Riverside County California.”
With the plan’s approval, Riverside County, California, joined the more than 1 million households nationwide in more than 200 Good Energy aggregation programs that lower energy prices.