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Stock impact report

California regulators boost fees charged when customers leave traditional utilities [Los Angeles Times (CA)]

DBA Sempra (SRE) 
Last dba sempra earnings: 2/27 06:55 am Check Earnings Report
US:NYSE Investor Relations: sempra.com/investors
Utilities commission changes community choice exit fees; what happens now in San Diego? The California Public Utilities Commission approved an increase on the exit fees charged to customers who take part in Community Choice Aggregation — government-run alternatives to traditional utilities like San Diego Gas & Electric . After reviewing two competing exit fee proposals, all five commissioners voted Thursday in favor of an adjustment that many CCA advocates predicted could hamper the growth of the community choice movement. But minutes after the vote was announced, one of the leading voices in favor of the city San Diego establishing its own CCA said the decision was good news because it provides some regulatory certainty. “For us in San Diego, it’s a green light to move forward with community choice,” said Nicole Capretz, executive director of the Climate Action Campaign . “For us, it’s let’s go, let’s launch and let’s give families a choice. We no longer have to wait.” Under the CCA Show less Read more
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