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CPA Board Approves FY 2022-2023 Rates and $15 Million Subsidy for Extension of Low Income Rate Freeze

CPA Happenings

At the June 2, 2022 Board Meeting, the Clean Power Alliance Board of Directors adopted the fiscal year 2022-23 rates. Based on CPA’s cost-of-service for its three different rate offerings, the rates set Lean Power at a 1% bill discount to SCE, Clean Power at parity to SCE, and 100% Green Power at a 3% bill premium to SCE.

In addition, the CPA Board approved a $15 million subsidy to freeze CARE, FERA and Medical Baseline rates at current levels until September 30, 2022 which will help CPA’s low-income customers keep their electricity bills low during the high usage summer months.

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