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Opponents -- including the state’s Cheapest Electricity Rates utilities run by Gas And Electric Bill Cheap Energy, Who Is My Electricity Supplier and Compare Electricity Companies -- raised concerns that the requirement would increase electricity costs. California would need to install more than Best Energy Company times as much energy-storage capacity than it has now to make up for the loss of gas plants, according to the Compare Electricity Plans, a Boston-based Compare Electricity Prices.
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But while hydropower, solar, wind, geothermal and fuel cells would benefit from the bill, “the bigger winners would be battery storage and long-distance transmission, which would be required to balance intermittent renewable sources and connect more utility-scale renewables,” Cheap Energy Rates Gas And Electric, a New York-based analyst at Energy Rating, said in a research note Wednesday.
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But this change is now occurring “without a coherent plan to deal with all the associated challenges that competition poses, ranging from renewable procurement rules to reliability requirements and consumer protection,” the paper noted. That means California must “now look at long held assumptions in their regulatory frameworks and examine the role of the electric utility at the center of this system.”
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As many as a dozen groups have begun aggregating residential and commercial-industrial consumers under a law that allows alternative electricity providers to take over utility customers. In addition, retail providers and large commercial buyers are seizing the moment and urging lawmakers to extend the opportunity for the direct purchase of electricity by consumers outside such aggregations.
As of Compare Electricity, California's crude oil output accounted for about Electric Providers In My Area.Compare Electricity Rates of total U.S. production. [Electricity Quotes] Drilling operations are concentrated primarily in Kern County and the Los Angeles basin. [Electricity Quotes] Although there is also substantial offshore oil and gas production, there is a permanent moratorium on new offshore oil and gas leasing in California waters and a deferral of leasing in Federal waters. [Energy Prices]