I was circling back around to try to figure out how the numbers in the comparison where created and I discovered that the latest tariff documents I was using were updated as of 6/1/2022. The shocking thing was that the generation rates went down from the 3/1/2022 rates! Which made me take a look at rest of the unbundled components and I found three new line items
- Recovery Bond Charge $0.00548
- Recovery Bond Credit ($0.00548)
- Bundled Power Charge Indifference Adjustment $0.02572
I have no idea why there is an identical offsetting charge and credit for a "Recovery Bond", but they have broken out the PCIA numbers which match the latest 2022 Vintage rate of $0.02572. Adding this new unbundled PCIA charge back to the generation rate numbers results in higher generations as of 6/1/2022 versus 3/1/2022 for all seasons all TOU periods. Which holds true to form for continual PG&E cost increases.
The Pioneer comparison rate comparison document says that the rates are valid for 3/1/2022 when the PCIA wasn't broken out. The listed PG&E PCIA rate of $0.02653 doesn't match the effective rate for 2022 Vintage of $0.02554 nor does the list Pioneer PCIA rate of $0.02064 match any vintage rate as of 3/1/2022 nor the previous for 1/1/2022 nor the the latest for 6/1/2022. My best guess here is that these are blended numbers as well and that the person that created this document new that the PCIA was being unbundled from the PG&E generation rates and used non-official numbers when they created this document.
All of these changes my earlier analysis and the table now looks like this for E-TOU-C effective 6/1/2022 with a 2017 Vintage of $0.01985
Rate | PG&E | PG&E w/PCIA | Pioneer | Pioneer w/PCIA | Diff |
Summer Peak | 0.17582 | 0.20154 | 0.16209 | 0.18194 | -0.01960 |
Summer Off Peak | 0.12238 | 0.14810 | 0.11186 | 0.13171 | -0.01639 |
Winter Peak | 0.12705 | 0.15277 | 0.11625 | 0.13610 | -0.01667 |
Winter Off-Peak | 0.11203 | 0.13775 | 0.10213 | 0.12198 | -0.01577 |
If you were joining Pioneer as a new customer, as
@getakey was, then the PCIA would be 2022 Vintage of $0.02572 and the chart looks like this.
Rate | PG&E | PG&E w/PCIA | Pioneer | Pioneer w/PCIA | Diff |
Summer Peak | 0.17582 | 0.20154 | 0.16209 | 0.18781 | -0.01373 |
Summer Off Peak | 0.12238 | 0.14810 | 0.11186 | 0.13758 | -0.01052 |
Winter Peak | 0.12705 | 0.15277 | 0.11625 | 0.14197 | -0.01080 |
Winter Off-Peak | 0.11203 | 0.13775 | 0.10213 | 0.12785 | -0.00990 |
So, the Pioneer rates are actually lower and you get an extra $0.005/kWh if you are a net generator, so it does make sense to move to Pioneer over PG&E and I retract my earlier statement that Pioneer should close up shop and go home.
Also, the group at PG&E that produces these "joint rate comparisons" should all be fired.