Understanding Rates For Your Business
When you're running a business, every dollar counts. As a customer, you have the right to know exactly what's going on with your utility and rates, especially when rates are going up. We are keeping rate increases as reasonable as possible, and we're not asking you to do anything we're not willing to do ourselves. In fact, to reduce our own operational and maintenance expenses, we're implementing company-wide efficiency programs.
How You Spend Your Energy Is Important
Faced with an ever-changing economy, businesses of all sizes and types are finding creative ways to improve energy efficiency and lower costs. SCE can help, with an array of tools designed to fit your specific needs: from case studies, showing how other businesses are saving energy, to valuable tips on making your workplace more energy-efficient, to alternative payment plans for more flexibility, we’re there for you.
3 Steps to Efficiency & Savings for your business
How Rates Are Set
Rates are set through a transparent process of proceedings with the California Public Utilities Commission, the body that regulates SCE and other investor-owned electric utilities in the state. It includes public input and participation, and all investor-owned utilities use this same process.
Late Payment Charges
A bill becomes past due 19 calendar days from the date it was prepared, at which point late payment charges are assessed. To avoid penalties, always pay bills on time.
Detailed Rate Information
Each rate is made up of the Utility Retained Generation (URG) factor. Complete, detailed pricing information is also available in Southern California Edison's SCE Tariff Book.
Some rate schedules have "demand charges," which enable us to meet customers’ peak power demands. These are in addition to energy charges, but the energy charges are lower than those on rate schedules without demand charges. Demand charges are:
1. Facilities-Related Demand Charges, applied all year round.
2. Time-Related Demand Charges, applied only during summer months.
For some customers, rates with demand charges may offer some customers opportunities to reduce their electricity bills. If you would like more information about the rates listed below, including how to qualify, please call us at 1-800-990-7788 (the name of your current rate schedule is indicated on the top of your bill).
Where Your Money Goes
You’ll see our crews in your community making upgrades to the grid, such as replacing poles to strengthen our lines and make them more reliable. They’re also repairing lines, transformers, and substations, and working around the clock during emergencies.
Here's a breakdown of how each dollar we receive from customers is spent:
- Generation - 56 cents: Cost of energy sources, including solar, wind and natural gas, and generation we own, including hydroelectric and natural gas plants.
- Distribution - 28 cents: Grid maintenance and new equipment, including poles and wires, and installation.
- Transmission - 6 cents: Investment in operations and maintenance for high-voltage transmission lines.
- Nuclear Decommissioning - 5 cents
- Paying off contracts from the Energy Crisis - 3 cents
- Programs - 2 cents: This funds various programs, including energy efficiency programs and to protect low-income customers.
This breakdown shows our costs to serve business customers and implement state policies. It is based on calculations for June 2014.