MBCP Welcomes 11 New Jurisdictions, New Savings Structure, & Energy Resiliency Fund

MBCP’s headquarters were brimming with excitement during a monumental December 4th Policy Board of Directors Meeting.

In support of the agency’s continued expansion, Policy Board members unanimously approved the addition of 11 new member jurisdictions. MBCP will begin service in early 2021 for the cities of Arroyo Grande, Carpinteria, Del Rey Oaks, Goleta, Guadalupe, Grover Beach, Paso Robles, Pismo Beach, Santa Maria, Solvang, and the County of Santa Barbara. This growth will increase MBCP’s customer base by over 130,000 accounts, allowing more communities to benefit from cost savings, energy programs, and more.

By supporting MBCP’s carbon-free power mix, it’s projected that our new jurisdictions will prevent over 240,000 metric tons of greenhouse gasses from being emitted – that’s the equivalent of removing 50,000 cars from the road for an entire year! Partaking in Community Choice Energy will also serve as a resource to help scale local energy programs for the needs of our Central Coast’s key industries such as agriculture, tourism, hospitality, healthcare, education, and government.

11 new jurisdictions place their seals on the wall

The need for energy resiliency was a topic of interest during December’s meeting, as Public Safety Power Shutoffs (PSPS) have affected a large portion of MBCP’s customer base. This resulted in the approval of the Uninterruptible Power Supply (UPS) Fund. MBCP will be making $25 million available through low-interest loans to eligible critical facilities throughout Santa Cruz, San Benito, Monterey, and San Luis Obispo counties. Financing for on-site renewable and storage technologies will reduce greenhouse gas emissions further, while alleviating difficulties posed on sectors such as medical, police, fire and emergency operations centers during power shutoffs. In other forward-thinking discussions, the December Policy Board meeting addressed a more efficient way to deliver cost savings to MBCP customers. In 2018, MBCP began providing cost-savings through a periodic 3% rebate on electric generation charges. With the Policy Board’s approval, customers will now receive a monthly discount projected to be at 7% in 2020. Net Energy Metered (NEM) customers who produce more energy than used, will also be receiving an increased Net Surplus Compensation (NSC) credit of 6.62 cents per kilowatt hour; up 8% from 2019.

The ceremonious day ended with an apple cider toast and cake cutting to honor MBCP’s new member agencies. ”The remarkable growth of MBCP and community choice energy along the Central Coast affirms our region’s long-standing commitments to environmental stewardship and economic stimulation,” concluded CEO Tom Habashi. “Unifying the Central Coast in these terms not only benefits our own region, it supports the growth of California’s CCE community and the potential to influence important energy-policy decisions being made in Sacramento.”