Are rates going up per the “old” PG&E rat schedule?
This is a board decision for MEA, which will be taken in the public forum including public debate by the board of MEA . However, unlike PG&E who have a number of rate increases applied for with the CPUC, the local authority has a five year contract with Shell energy North America. The board at its discretion may choose to increase prices in line with PG&E, which will result in ongoing surpluses being retained in the county for ongoing investments. Alternatively it might choose to hold prices and pass the surpluses to the ratepayers. The good news is that the board has no purpose to exist other than to serve the eight cities that comprise its membership. It is reasonable to assume that it will make this decision in the community’s best interests. Do you foresee rates coming down? I think anticipating energy rates coming down in United States where the rates are already so low is unlikely. But if we are to avoid ongoing rate increases driven by a global market for fossil fuels is critica
