As PG&E rates go up, so do MBCP customer rebates. Monterey Bay Community Power is dedicated to reducing customer energy costs. We want to assure our customers that the cost increases they see are a direct result of PG&E raising their rates and do not reflect increased expenses imposed directly by Monterey Bay Community Power.
Monterey Bay Community Power is dedicated to reducing customer energy costs. That is why we match PG&E’s generation rates and why we return a fixed percentage of generation charges back to customers in the form of a rebate. In 2018, MBCP customers can look forward to a 3% rebate and we expect to see this number grow in coming years. We believe that choosing clean power should be synonymous with a lower total electricity cost. You will always experience a minimum of 3% savings with MBCP over PG&E’s pricing through your rebate.
With non-residential customer enrollment underway and residential customer enrollment beginning July 1, we know many of you will have questions about your bill. It is important to remember that MBCP only covers the generation charges on your bill. PG&E will continue to charge for the delivery charges, non-by-passable charges, and the Community Choice Energy (CCE) exit fee known as PCIA. MBCP absorbs PG&E’s PCIA charge so our customers don’t need to pay it. Because MBCP matches PG&E’s generation rates, this means that when PG&E raises their rates, our rates will match them. Other CCE’s provide a fixed-rate discount (usually 1 or 2%) instead of a direct rebate like MBCP, but all Community Choice agencies have a process for raising their rates to follow PG&E.
Timing is Everything
PG&E has asked for several extensions to release their new rates in 2018. These rates are expected to be implemented in March 2018, the same month that MBCP service launches for commercial customers. For many MBCP customers, the first time these new rate increases take effect will also be the first month that they receive MBCP generation service charges. We want to assure our customers that the cost increases they see are a direct result of PG&E raising their rates and do not reflect increased expenses imposed directly by Monterey Bay Community Power.
Community Choice Energy means just that – choice. MBCP understands that you want clean energy and a lower cost, and we are committed to ensuring that Monterey Bay Community Power always represents a lower total cost for customers.
If you would like more information about how MBCP sets its rates, delivers a rebate back to customers, or anything else, please reach out to us firstname.lastname@example.org or 888.909.6227.