Tri-County Initiative Would Create New Local, Clean-Source Power Agency

WHEN:           Thursday, June 9, 9:30 a.m. to 12 p.m.

WHERE:         Santa Cruz County Board of Supervisors Chambers, 701 Ocean Street, Room 500, Santa Cruz

WHO:             Monterey Bay Community Power (MBCP), a regional project among government agencies to provide electricity to residents and businesses throughout Monterey, San Benito and Santa Cruz Counties.

WHAT:           Community Study Session will provide an opportunity to meet experts, learn how Community Choice Energy (CCE works), review goals and recommendations for the project, hear additional results of the technical study, and examine legal and financing aspects of CCE.

WHY:              Empowered by California’s 2002 Community Choice Energy (CCE) law AB 117, a public committee comprised of representatives from Santa Cruz, San Benito and Monterey Counties has determined that a new agency would enable as many as 285,000 residential and business customers to choose clean-source power at a cost equivalent to PG&E, while retaining PG&E’s role in maintaining power lines and providing customer service. The new agency will be financially self-sustaining and would come at no cost to local government.