In a decision made at last month’s City Council Meeting, the City has entered into a Joint Exercise of Powers Agreement Regarding the California Choice Energy Authority.
This agreement paves the way for the City to begin implementation of a new Community Choice Aggregation (CCA) program called Pico Rivera Innovative Municipal Energy (PRIME). Implementation for this program is expected to roll out this September. Under this program, this would allow the City to procure power on behalf of residents and businesses, at a much more affordable rate.
The project is a cost-effective, energy efficient, local alternative to Southern California Edison that can save residents money on their electrical bills while providing cleaner energy options. However, the most significant development of the program is its ability to provide the customer with something they have never had before, choice.
Pico Rivera is following the steps of five other operational programs in California that use more renewable energy products at more affordable rates. Under a Joint Powers Authority partnership with the City of Lancaster, Pico Rivera is anticipating a reduction in program overhead costs, increased economies of scale, and the ability to offer more renewable energy options to residential and businesses customers.
Under the new CCA model, Edison will continue to manage power outages, transmission of energy, maintenance, and meter reading; while PRIME will serve as the energy procurement enterprise.
Once the program is implemented later this year, Pico Rivera residents and businesses will automatically be enrolled in PRIME’s new energy program. However, customers can choose to opt out and remain with their current energy provider at no additional cost.
Over the next few months, the City of Pico Rivera will be working closely with the City of Lancaster and the City Council to complete financial planning, set rates, and formalize a launch date to advance Pico Rivera into the next phase of this innovative program.
For more updates on PRIME, keep an eye out on future editions of the Profile, the Pico Rivera Magazine or the City's website.