Time-based rates are available to PG&E’s residential, agricultural, and commercial and industrial customers with a smart meter.
On February 25, 2010, the CPUC adopted new rate structures for commercial, industrial, and agricultural customers of PG&E as part of an effort to implement dynamic electricity prices for all California consumers. These rates are designed to reflect the cost of electricity production during periods of high demand. When combined with PG&E's Smart Meters, these rates will provide an opportunity for customers to lower their bills while improving system reliability and reducing greenhouse gas emissions.
Beginning November 1, 2011, many commercial and industrial customers will begin moving to new Peak Day Pricing rates. Customers on these rates will pay different prices for electricity depending on the time of day. On the few hottest days of the year, prices for electricity used between 2 p.m. and 6 p.m. will increase further. However, PG&E will notify customers about these peak days one day in advance, so customers can plan accordingly.
Residential customers may elect to enroll in PG&E’s Smart Rate program, which is designed to encourage customers to reduce their electricity usage at during peak periods. Participants in Smart Rate may elect also bill protection option for the first full summer of participation.
Residential and small business customers can also enroll in PG&E’s Smart AC program, where they can reduce or shift their air conditioning in response to signals from the utility. In the near future, residential customers will have the option of enrolling in a Peak Time Rebate program, where they can receive a rebate for reducing their electricity consumption in response to demand response signals from the utility.
Read our 2006 press release on PG&E’s Smart Meters.
March 30, 2010: CPUC Selects Contractor for Independent PG&E Smart Meter Testing