Cities across Ventura County are moving some energy accounts back to Southern California Edison, the investor-owned utility they left in pursuit of greener power.
The change is to avoid paying higher energy rates, which for many agencies amount to hundreds of thousands of dollars more in annual bills were they to remain with Clean Power Alliance. The joint powers authority formed in 2017 with the goal of procuring renewable energy at a lower cost, giving traditional power companies competition and stimulating the local and regional economy through capital investments.
The counties of Los Angeles and Ventura and 30 cities within them comprise the Clean Power Alliance, started with a $10 million loan from Los Angeles County (the repayment date was recently pushed to Sept. 30, 2020, the second such extension).
It has grown to be the state’s largest community choice aggregation program, and it’s experiencing some growing pains, which officials say are due to several factors, some outside their control.
Ventura County cities plan return to Southern California Edison for some energy accounts, by Arlene Martinez, VC Star, June 23, 2019.