San Mateo 2024 Commercial Rate Comparison, B-1
Understanding your energy options
As part of our mutual commitment to support your energy choice, Peninsula Clean Energy and Pacific Gas and Electric Company (PG&E) have partnered to provide you with a comparison of typical commercial electric rates, average monthly charges and generation portfolio contents.
2024 Commercial Rate Comparison, B-1
| Peninsula Clean Energy | |||
|---|---|---|---|
| PG&E | ECOplus | ECO100 | |
| Total Electricity Cost ($/kWh) | $0.45376 | $0.43405 | $0.44405 |
| Generation Rate ($/kWh) | $0.15980 | $0.13695 | $0.14695 |
| PG&E Delivery Rate ($/kWh) | $0.28514 | $0.28514 | $0.28514 |
| PG&E PCIA/FF ($/kWh) | $0.00882 | $0.01196 | $0.01196 |
| AVERAGE MONTHLY BILL ($) | $606.65 | $580.30 | $593.67 |
Current rates as of June, 2024
This compares electricity costs for an average commercial customer in our San Mateo County service area with an average monthly usage of 1,337 kilowatt-hours (kWh). This is based on a representative 12-month billing history for all customers on B-1 rate schedules for PG&E and PCE’s published rates as of June, 2024.
Generation Rate is the cost of creating electricity to power your business. The generation rate varies based on your energy provider and the resources included in your energy provider’s generation supply.
PG&E Delivery Rate is a charge assessed by PG&E to deliver electricity to your business. The PG&E delivery rate depends on your electricity usage, but is charged equally to both Peninsula Clean Energy and PG&E customers.
PG&E PCIA/FF The Power Charge Indifference Adjustment (PCIA) is a charge to ensure that both PG&E customers and those who have left PG&E service to purchase electricity from other providers pay the above market costs for generation resources that were procured by PG&E on their behalf. “Above market” refers to expenditures for electric generation resources that cannot be fully recovered through sales of these resources at current market prices. PG&E acts as a collection agent for the Franchise Fee (FF) surcharge, which is levied by the California Public Utilities Commission on behalf of cities and counties in PG&E’s service territory for all customers. PG&E bundled customers pay the PCIA and FF fees associated with the most currently available vintage year. PG&E charges Peninsula Clean Energy customers the PCIA and FF fees based on the year that they transitioned to Peninsula Clean Energy service. Visit Peninsulacleanenergy.com/for-businesses for more information.
2023 Electric Power Generation Mix*
| Percent of Total Retail Sales | |||
|---|---|---|---|
| Peninsula Clean Energy | |||
| Specific Purchases | PG&E | ECOplus | ECO100 |
| Renewable Procurements | 32.8% | 51.7% | 100% |
| Biomass & Biowaste | 3.4% | 0.0% | 0.0% |
| Geothermal | 0.3% | 14.4% | 0.0% |
| Eligible hydroelectric | 2.5% | 1.0% | 0.0% |
| Solar | 20.2% | 17.1% | 50.0% |
| Wind | 6.3% | 19.3% | 50.0% |
| Coal | 0.0% | 0.0% | 0.0% |
| Large Hydroelectric | 13.8% | 48.3% | 0.0% |
| Natural Gas | 0.0% | 0.0% | 0.0% |
| Nuclear | 53.4% | 0.0% | 0.0% |
| Other | 0.0% | 0.0% | 0.0% |
| Unspecified Sources of Power** | 0.0% | 0.0% | 0.0% |
| TOTAL | 100.0% | 100.0% | 100.0% |
*As reported to the California Energy Commission’s Power Source Disclosure Program. Peninsula Clean Energy and PG&E data is subject to an independent audit and verification that will not be completed until later in 2024. The figures above may not sum up to 100 percent due to rounding.
**Unspecified sources of power refers to electricity that is not traceable to a specific generating facility, such as electricity traded through open market transactions. Unspecified sources of power are typically a mix of all resource types, and may include renewables.
If this comparison does not address your specific rate, please visit PG&E online at pge.com/cca or call 866-743-0335. For information on Peninsula Clean Energy’s generation rates, please visit PenCleanEnergy.com or call 866-966-0110.
©2024 Peninsula Clean Energy. All rights reserved. “PG&E” refers to Pacific Gas and Electric Company, a subsidiary of PG&E Corporation. ©2024 Pacific Gas and Electric Company. All rights reserved. CCC-062024-4387