Thursday, May 26, 2016

PGE E6 is Closing May 30th! 2016!


Time-of-Use Plan (E6) 

The current residential Time-of-Use rate (E6) is closing to new customers not enrolled by May 30, 2016. All customers enrolled in the E6 rate plan as of May 30, 2016 will be able to remain on the rate through 2022.*

 Save by shifting daily usage to low demand times.
 
With Time-of-Use (E6), you still need to conserve energy throughout the month to avoid and react to higher priced tiers, but the price you pay also varies throughout the time of day and season. Because this is a multiple-tiered TOU rate, it is also likely to be best if your total electricity use during the month is low. This works great if you can use air conditioning and major appliances in the morning or late evening (after 7 p.m.) from May through October.

Rates are lowest in the morning, late evening and weekends from May through October, and at all times outside 5-8 p.m. on weekdays from November through April. The graphic below shows Time-of-Use pricing for a customer who stays in the lower priced tier over one year. See the next section to understand Time-of-Use and Tiers.
The E6 rate plan is likely to be the best option if your total electricity use during the month is low. This rate is not likely to be the best option for you if you have a high total monthly usage that goes into the higher priced tiers.


 
E6 Rate Closure  
Recently, the California Public Utilities Commission (CPUC) approved new rate structures with the goal to more closely align electricity prices with the true cost of providing service. As a part of these changes, the residential E6 rate plan is closing to new customers. Customers who would like to enroll in the E6 rate plan must do so by May 30, 2016. All customers enrolled in the E6 rate plan as of May 30, 2016 will be able to remain on the rate through 2022.*

*In addition to closing the E6 rate plan to new customers who are not enrolled by May 30, 2016, the CPUC ordered that E6 eventually be phased out. Customers may remain on E6 only through 2022. Through 2020, the terms of E6 will remain the same, with a two-year transition to a 4 p.m. to 9 p.m. peak period by 2022. Please note, if you move your service, you will not be eligible to remain on the E6 Rate Plan.

 

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