SCE Rate Advisory

Our Rates are Increasing on March 1, 2024

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Throughout the year, we submit requests to the California Public Utilities Commission (CPUC) to change our rates. Any changes to our rates that may cause your monthly electricity bill to increase or decrease must be approved by the CPUC. This March 1 rate increase is the combined result of two previously approved decisions and Advice Letters from 2023.

Current Average Residential Rate: 33.4 cents per kWh

New Average Residential Rate: 33.8 cents per kWh

The table below shows an estimate of how your residential SCE bill may be affected by our March 1, 2024 rate increase:

Average Residential Customer Monthly Bill Impacts


Type of Customer	Currently Monthly Bill	Proposed Increase	New Monthly Bill	%Increase
Residential Bill	$178.34	$2.06	$180.40	1.2%
CARE Residential Bill (income qualified)	$120.73	$1.39	$122.12	1.2%

Primary drivers for this rate increase are:

Rising interest rates in 2022 and 2023. This led to an automatic adjustment of SCE's already approved cost of capital, which is the amount of money SCE must raise to support major infrastructure projects.
Administration costs to deliver demand response programs in 2024. These programs offer financial incentives to customers who agree to reduce their electricity usage when energy demands are high.
The rate increase also reflects the amounts needed by SCE to administer its demand response programs in 2024. These programs offer financial incentives to customers who agree to reduce their electricity usage when energy demands are high.

If you need help:

We offer many programs, tools, incentives, and rebates to help you reduce energy usage and manage costs at home and work. Visit our Home Efficiency Guide to get energy-saving tips and learn more about ways to save.