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Did you read “Notice of Southern California Edison Company’s Supplemental Filing For Residential Electric Rate Changes" (R.12-06-013, Phase 1)? You should have. It was in your last Southern California Edison (SCE) bill. It looks like this:
In its request, Edison desires to make the following changes to the residential standard electric rate plan (Schedule D).
• “Reduce the number of rate tiers from four to three tiers in 2015, and then to two tiers by 2017.
Let me think, here, for a minute: If there are fewer tiers to capture more money, will SCE have to increase OR decrease the cost of the lower tier? That is a trick question! INCREASE, of course.
So, you’ve been using less electricity by being energy efficient? Too bad. Go get your wallet. And, you get to pay more UUT money on top of that.
• “Phase in an increase to Edison’s Basic Charge from the current $0.94 per month to $5.00 per month in 2015, $7.50 per month in 2016, and $10.00 per month in 2017. The Basic Charge is a service fee that recovers some of SCE’s fixed costs.”
• “Starting in 2016, lower the amount of usage billed at Tier 1 rate within each baseline zone.”
That’s correct. In figure 3 for Zone 10 (Inland Empire used since Sierra Madre rates weren’t in the brochure), the “Illustrative Changes in 2015 Monthly Bills Non-CARE Customers” show an estimated “bill impact” of 26% for the customers who are in the lowest 50% of electrical use. And you’ll get to pay more UUT.
Believe it or not, while most of us will be paying more for electricity in 2015, not everyone will be angry about:
• Lower number of tiers
• Increasing meter charges
• Smaller Tier 1 (base rates)
As an example of that "not angry" category, the City of Sierra Madre will be thrilled!!
Not only will they get to collect more total tax UUT dollars from the 60% water revenue increase over the next 5 years, but wait, there’s more! The city will also get to collect more UUT dollars from increasing Southern California Edison bills.
Is this a gold mine for Sierra Madre or what?