Valley Clean Energy (VCE) will conduct a public workshop to share information on proposed changes to PG&E’s residential electricity rates based on time of use. VCE is considering whether or not these rates would be advantageous to VCE customers and would like to hear from you. PG&E staff and VCE representatives will be present to discuss the proposed changes and answer questions.
The public workshop will be held August 22, 5:30 p.m. at the Woodland City Council Chambers.
In short, the “Time of Use” or TOU rate plan offers lower electricity rates during off-peak hours, and higher rates during periods of peak electricity consumption. If adopted by the VCE Board, approximately 50 percent of residential customers would be transitioned to the new TOU rate plan unless they decline the change. The new rate would provide an opportunity for those customers to save money by reducing energy use during peak periods.
The VCE Board of Directors welcomes your input on this important topic. A final vote on whether to adopt the new rate will be taken at the September 12 board meeting. If adopted, the rate would become effective in February 2021.
How it works:
- Under the Time of Use plan, the price you pay for the electricity you use changes based on the time of day and the season:
- Peak (highest price) – 4 p.m. to 9 p.m., 7 days per week
- Off-Peak (lowest price) – before 4 p.m. and after 9 p.m., 7 days per week
- Winter months have lower prices than the summer months
What it means for you:
- You have the opportunity to save money if you reduce your overall energy usage, especially during the higher-priced (peak) hours.
- You can decline the TOU rate and select a different rate.
- A rate analysis will be provided by PG&E 90 days prior to implementation so you will be able to see which rate plan is best for you.
Date: August 22, 2019
Time: 5:30 PM
300 1st Street
Woodland, CA 95695