San Mateo County Prop 39 Funding Workshop Time-Varying Pricing

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1 San Mateo County Prop 39 Funding Workshop Time-Varying Pricing PG&E refers to the Pacific Gas and Electric Company,a subsidiary of PG&E Corporation Pacific Gas and Electric Company. All rights reserved.

2 Time-Varying Pricing and the CPUC Achieve clean, efficient energy goals Ensure grid reliability The California Public Utilities Commission ( CPUC ) Reduce greenhouse gas emissions Meet peak energy demand Part of state-wide plan to reduce demand peaks 2

3 What Is Time-Varying Pricing? Time-Varying Pricing is an umbrella term for Time-of-Use and Peak Day Pricing Business electric prices will vary by time of day Time of Day Time of Day Price of Electricity 3

4 Time-of-Use (Summer: May - October) Off-Peak Lowest energy costs Late evening / Early morning Weekends and Holidays Partial-Peak Late morning Early evening On-Peak Weekday afternoons Highest costs for electric energy usage Off-peak Partial-peak On-peak Partial-peak Off-peak Cost per kwh Current Flat Rate (Non-Varying) Electric energy costs vary with time of day 4

5 Time-of-Use (Winter: November - April) Off-Peak Lowest energy costs Late evening / Early morning Weekends and Holidays Partial-Peak Late morning through early evening Off-peak Partial-peak Off-peak Cost per kwh Current Flat Rate (Non-Varying) Electric energy costs vary with time of day 5

6 Peak Day Pricing Time of Use Price of Everyday Energy Additional Event Day electricity conservation incentives 9-15 event days per calendar year Peak Day Pricing Charges will be added to usage 2pm to 6pm Substantial credits toward electricity use in the Summer (May October) Automatic transition or opt out Credits Credits Peak Day Pricing Event Day Hours 9-15 Days Per Year Credits Credits Credits 6

7 Peak Day Pricing Event Triggers System-wide Peak Day Pricing event could be triggered by: Temperatures at or above 98 F on weekdays or 105 F on weekends & holidays; or California ISO declares emergency conditions; or Extremely high market prices; or Testing / evaluation purposes Notification of events will be communicated via , phone call and/or e-page by 2:00 pm the day before 7

8 Peak Day Pricing Advantages Bill Protection allows Peak Day Pricing customers to participate risk-free for the first year. Maximum potential cost savings Bill Protection offered once Credit if Peak Day Pricing exceeds Time-of-Use Pricing Helps customers learn to: Incorporate energy use scheduling Shift demand outside peak days and hours Accommodate energy costs changing from month to month 8

9 Key Dates When will eligible California businesses begin transitioning to Time-of-Use or Peak Day Pricing? Customer Group Plan Transition Start Date Large Commercial & Industrial (> 200 kw) Peak Day Pricing May 1, 2010 Large Agricultural (> 200 kw) Peak Day Pricing February 1, 2011 Small & Medium Business (< 200 kw) Time-of-Use November 1, 2012 Small Agricultural (< 200 kw) Time-of-Use March 1, 2013 Small & Medium Business (< 200 kw) Peak Day Pricing November 1,

10 Rate Assistance and Customer Resources PG&E is here to help My Energy website tools PG&E Time-Varying Pricing and Peak Day Pricing website Custom rate comparison Call Peak Day Pricing Line at or 10

11 Customer Resources Affirm transition to Peak Day Pricing Set up options and event day notification preferences Opt-out of Peak Day Pricing Select applicable Time-of-Use rate Send us an Call PG&E for more information Other Resources Log on to My Energy PG&E s Time-Varying Pricing Website Sign-up for Energy Advisor enewsletter or Energy efficiency rebates, incentives & On-Bill Financing 11

12 Contact your PG&E Rep Tom Lewis Burlingame Millbrae SMCOE Hillsborough Pacifica San Mateo Foster City Jefferson Union Las Lomitas Redwood City San Bruno Park San Mateo Union Sequoia Union Menlo Park SMCCCD South San Francisco Napallo Gomez-Somer Bayshore La Honda - Pescadero Belmont - Redwood Shores Brisbane Cabrillo Jefferson Elementary Portola Valley Ravenswood San Carlos Woodside 12