My first bill on Silicon Valley Clean Energy has been posted. Here are the relevant pages.
So, some explanation is necessary because it took me a little while to figure out how the billing works.
1. The first page is PG&E charges. They calculate the full tariff price and then subtract the generation portion.
2. They add the Power Charge Indifference Adjustment
3. It looks like the Franchise Fee is only for CCA's since it's not on my previous bills.
4. The second page is SVCE charges. They add a premium for GreenPrime and then calculate their generation charges according to their tariff. Credits balances roll forward to true-up but if your accumulated SVCE total is positive, you will have to pay that month to zero it out.
Here is the calculation for PG&E's Generation Credit and my estimation of the difference on this bill for basic PG&E vs. SVCE GreenPrime.
So, I estimate that this bill is $2.32 higher than the regular PG&E charges, but it's 100% renewable. If you just let your account roll into SVCE, then you don't have to pay the GreenPrime premium. This bill would be about $0.07 less than PG&E without GreenPrime.
So, some explanation is necessary because it took me a little while to figure out how the billing works.
1. The first page is PG&E charges. They calculate the full tariff price and then subtract the generation portion.
2. They add the Power Charge Indifference Adjustment
3. It looks like the Franchise Fee is only for CCA's since it's not on my previous bills.
4. The second page is SVCE charges. They add a premium for GreenPrime and then calculate their generation charges according to their tariff. Credits balances roll forward to true-up but if your accumulated SVCE total is positive, you will have to pay that month to zero it out.
Here is the calculation for PG&E's Generation Credit and my estimation of the difference on this bill for basic PG&E vs. SVCE GreenPrime.
So, I estimate that this bill is $2.32 higher than the regular PG&E charges, but it's 100% renewable. If you just let your account roll into SVCE, then you don't have to pay the GreenPrime premium. This bill would be about $0.07 less than PG&E without GreenPrime.