Business & Tech

East Bay Community Energy Blasts CPUC Ruling In Joint Statement

Local energy companies say CPUC ruling a blow to investment in sustainable energy sources.

SAN FRANCISCO BAY AREA, CA — East Bay Community Energy was among four of California’s community choice aggregators serving the Bay Area that in a joint statement assailed a decision of the California Public Utilities Commission.

The statement said the CPUC’s decision designating PG&E and Southern California Edison as central buyers for resource adequacy favors investments in large-scale gas procurement rather than in innovative and reliable clean local resources.

Silicon Valley Clean Energy, Peninsula Clean Energy and San José Clean Energy were the other CCAs that joined in the statement criticizing the Commission’s June 11 ruling.

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“This is a short-sighted decision by the CPUC. It directly undermines current and future value streams from investments in local community-supported energy investments we are making and creates unnecessary regulatory uncertainty for all future investments,” the statement said.

“The CPUC’s action undermines our ability to make long-term planning decisions, while undercutting incentives to speed up clean energy innovation. Creating a process to examine ways to mitigate this decision’s harmful impacts does little to address the harm today. It represents a lost opportunity to support local clean energy investments being made today.”

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