Business / Economy

Monterey Bay Community Power says rebates expected to total $4 million

Community choice energy agency looks to dedicate $1.25 million in additional funding for local energy programs in 2019.

Information provided by Monterey Bay Community Power (MBCP).

Monterey Bay Community Power announced that 2018 customer rebates will total more than $4 million, according to a recent press release.

Residential customers receive their rebate as a bill credit on December electricity bills, while non-residential customers can expect to receive rebates biannually in June and December, and large commercial and agricultural customers quarterly in March, June, September and December.   

“Since before our agency was formed, one of our stated goals has been cost stability and supporting the economic vitality of our region,” said Monterey Bay Community Power CEO Tom Habashi. “It is very exciting and rewarding for all of us at MBCP to be producing more quantifiable results in our first year of operation, and we’ve got a growing list of additional benefits being passed on to the communities that we serve.” 

In 2019, Monterey Bay Community Power expects to dedicate $1.25 million in additional funding for local energy programs such as electric vehicle (EV) rebates, EV charging stations and installing solar-energy systems on low-income housing.

“As a major agricultural engine in the Monterey Bay, Dole is constantly exploring opportunities to help reduce costs and create better end products for our customers” said Tom Messenger, facilities manager at Dole Fresh Vegetables. “Monterey Bay Community Power delivered on its promise for carbon-free electricity and its customer rebate which Dole greatly benefited at over $50,000 in bill savings this year.”  

Said Pacific Grove residents Robert and Denyse Frischmuth: “This rebate is from just five months of service. We’re grateful because it is a benefit of choosing cleaner electricity from our local provider who gives us a choice and a voice for our energy needs. We’re already looking forward to the 2019 rebate because it might be more than double this year’s savings!” 

Monterey Bay Community Power expects to rollout local energy programs to further curb carbon emissions, support the growth of renewable energy infrastructure and continue providing economic stimulus for the region, according to the press release.

 

Monterey Bay Community Power is a Community Choice Energy agency established by local communities to source carbon-free electricity for Monterey, San Benito and Santa Cruz counties and now San Luis Obispo County. PG&E will continue their traditional role of delivering power and maintaining electric infrastructure. As a locally controlled not-for-profit, MBCP supports regional economic vitality by providing cleaner energy at a lower cost, supporting low-income rate payers, and funding local energy programs. For more information, visit www.mbcommunitypower.org.

 

 

BenitoLink Staff