Would MCE have to pay an exit fee to the current utility for financial commitments to power suppliers made on behalf of the MCE customers?
The exit fee imposed by the CPUC on MCE customers-called the “Cost Responsibility Surcharge” (CRS)-is designed to shield the utility’s remaining generation customers from any financial losses or cost increases that might result from customers switching to the MCE supply. The CRS is determined by a formula that includes both fixed and variable components.
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