Starting in 2019, 100 percent renewable energy will be the default product for all residential electricity customers in Santa Monica. The 100 percent renewable energy tier is one of several options for residents and businesses that will be served electricity by the Clean Power Alliance (CPA) of Southern California, a Community Choice Aggregation (CCA) program.

The new rates, which are expected to be on average between $56 and $72 more annually, will start to appear on residents’ March electric utility bills. Low-income qualified customers will receive the same discount on their rates and experience no net increase in cost compared to Southern California Edison (SCE) rates. Services for commercial properties in summer 2019.

“The average residential monthly bill ranges from $55-81 per month (2016 data). Based on this average, a 7 – 9 percent rate increase translates into an approximate $4-8 increase on monthly utility bills, and $56-72 increase in annual utility bills,” wrote City Staff in a report. “It is important to note that all customers, residential and commercial, that believe the price premium of the 100 percent renewable power option is an economic burden will have new choices that roughly equal or actually reduce their current electricity costs.

Read More: https://smmirror.com/2018/10/100-renewable-energy-to-be-default-option-for-sm-residents/