Southern California Edison is one of the primary companies that help to provide electricity to the Southern California region. From residential customers to agricultural and street lighting sectors, Southern California Edison customers can expect rate increases by 2021. In a public notice entitled “Southern California Edison’s Public Notice on 2021 GRC A.19-08-013” SCE states that the purpose of the rate increase is to cover anticipated costs through the year 2024. The anticipated costs include inspections, repairs, replacements, and general upkeep of their equipment and electricity grid.
So with all this in mind, how will this rate increase affect your monthly bill? For residential customers, monthly bills will increase by “approximately $14 in 2021, $4 in 2022, and $6 in 2023”. If you’re enrolled in the California Alternative Rates for Energy (CARE) program your rate increases will be $9.50 in 2021, $3 in 2022, and $4 in 2023.
SCE Rate Increase Chart
Amid the Covid-19 pandemic, are these increased rates justifiable? Looking through the public comments at www.cpuc.ca.gov/SCE2021GRCPublicComments, 100% of these comments oppose the rate increase.
So what can YOU do to upset these rate increases? The easiest way is by going solar! Since solar can be up to 10x cheaper than paying electric bills, you’re able to reduce or even eliminate your electric bills by investing in a solar system with Option One Solar!
Take control of where you spend your money and contact us now to receive an accurate financial quote so you can start saving!