Pacific Power customers in Northern California to see 5 percent bill decrease
Pacific Power said recently that its customers in Northern California will see a 5 percent reduction in their bills following a decision finalized Feb. 6, by the California Public Utilities Commission.
The decision, which is based on a filing originally made in early 2018, reflects tax savings due to the federal tax law changes passed in 2017 and the company’s reduced operating costs from prudent and efficient management. The decision also includes approval of investments by Pacific Power to improve customer service and reliability as well as increase the amount of clean energy serving customers through local distribution projects, transmission system upgrades and the repowering of more than 900 megawatts (MW) of the company’s existing wind fleet.
“We are pleased to pass along these savings to our customers while we pursue our plans for a future where increasingly clean energy is delivered affordably and reliably,” Pacific Power President and CEO Stefan Bird said.
The average residential customer using about 850 kilowatt hours per month will see a decrease in their bill of $6, from $142 to $136 per month, Pacific Power said.
Pacific Power announced its 2019 Integrated Resource Plan in October 2019. The plan includes adding approximately 7,000 MW of new renewable resources by 2025 and roughly 11,000 MW of new renewable energy resources over the 20-year planning period. It also includes the retirement of 16 coal-fired units by 2030.
