JOIN THE MBCP CCA
Thank you for your interest in joining
Monterey Bay Community Power!
Joining Monterey Bay Community Power (MBCP) is the most cost-effective solution to empower communities with choice and electricity savings.
Community Choice Aggregation (CCA) delivers more local control, cost savings, innovative energy options, and impactful energy programs than the alternative. The cities of San Luis Obispo and Morro Bay elected to join MBCP in 2018 in order to take control of their ratepayer dollars to expand consumer choice, reduce utility costs, and invest in California’s renewable energy projects.
Those same benefits have inspired cities and counties throughout California to follow suit and pursue community choice energy through approximately 20 CCA agencies, serving over three million customers.
The cities of San Luis Obispo, Morro Bay and 19 Monterey Bay area communities have already joined MBCP.
As a result, these cities and counties exercise more local control over energy-related decisions through MBCP’s publicly appointed Community Advisory Council, Operations Board and Policy Board.
By joining MBCP, communities would have more discretion over how their ratepayer dollars are invested, including lower rates and/or local energy programs. Becoming part of our existing Community Choice Aggregation (CCA) agency can help governments and their constituents achieve a powerful range of objectives without investing millions in creating a new CCA.
Returned to our community in the form of rebates in our first partial year of operation.
Competitive and Lower Electricity Rates
MBCP delivered a 3% savings compared to PG&E for electricity generation to customers in 2018, totaling $4.4 Million invested back into the community. Economies of scale create efficiency and cost-effective administration. Communities can minimize redundancy and capitalize on collective investments in local energy projects, long-term power contracts, human resources, and community outreach.
Minimize start-up costs: Currently, there is minimal cost to join MBCP. Creating a new local program would require significant capital for start-up financing and could take years to begin providing service at comparable rates. As more communities collectively join at the same time, start-up costs can be shared or reduced. MBCP’s long-term renewable and carbon-free energy contracts at low wholesale prices. MBCP’s energy procurement practices provide communities with protection against future market fluctuations. MBCP has significant operating reserves over $56 million as of December 31, 2018, which can help with future energy market fluctuations, rate competitiveness and financing. MBCP will be able to fund local investments faster and and estimates reaching its reserve target of 50% of operating expenses in less than two years.
Transition to a Cleaner, More Efficient Energy Supply
MBCP’s current electricity mix is generated from only carbon-free and renewable sources including solar, wind and hydro and in 2021 three MBCP renewable projects will go live in partnership with Silicon Valley Clean Energy: Wind farm in NM and two Solar + Storage projects in CA – one of which is the largest to date in CA MBCP was able to contract for all three renewable projects in its first partial year operation even while building reserves, providing a savings to customers and setting aside money for local greenhouse gas reducing projects.
Customer Choice and Local Control
Your constituents will have a choice in their electric provider and power mix that their dollars support for the first time and they will have a voice at our public meetings. MBCP is accountable to the communities it serves, instead of to investors. It is self-sustaining through revenue and is not tax-payer funded.
Local Jobs Creation and Local Power Resiliency
CCAs aim for local renewable energy projects including micro-grids and becoming a solution for inter-connectivity obstacles to unlock economic opportunities for local businesses, often leading to job creation. MBCP invested $450k in 2018 in local contracts to support the local economy.
Complementary local energy programs
MBCP sets aside a percentage of its revenue, annually for local programs to further reduce Greenhouse Gasses locally. Some examples of programs are, electric vehicle (EV) incentives, EV charging station incentives, community solar projects, electrifying public transportation and built environment sectors, etc. The estimated amount dedicated for energy programs in 2020 is $4.5 MM.
MBCP has invested approximately $725,000 for its Electric Vehicle incentive program, MBeVIP to support income-qualifying customers and public agencies. MBCP partnered with Grid Alternatives, a nonprofit organization that brings solar technology to communities that would not otherwise have access, to support income-qualified homeowners via its “Project Sunshine” program.
MBCP will create an innovative electriﬁcation strategic plan to unlock the economic and environmental benefits of an electrified Central Coast through transportation electrification, building electrification and distributed energy resources. MBCP is developing a cutting-edge micro-grid program to provide greater access to electricity due to grid constraints while supporting economic opportunities.
Roadmap for Joining MBCP
This is an opportunity for the City or County to provide a public setting through a council meeting or workshop where the community can learn more about Monterey Bay Community Power and the Community Choice Energy model.