How can CCA deliver electricity thats cleaner and more reliable than PG&E power-at a discount?
For starters, the city wont be out to make the huge profits that PG&E makes, and wont be paying multimillion-dollar executive salaries and bonuses. CCA is also designed to lower energy prices by making suppliers keep their prices competitive, and thats worked elsewhere. San Francisco, for example, could buy bulk power from any number of supplies, who would have to compete to offer the lowest and best bid. San Francisco consumers would also be protected against any potential rate increases: According to a recent draft of the CCA plan, the city will not approve any contract with an ESP that would result in a rate increase when customers transfer to the new service, but shall incorporate a meet or beat PG&E rates cap for the ESP solicitation. The document approved on May 10, amended on July 6, can be downloaded here.
