The Pioneer Community Energy Board of Directors approved a 2022 rate adjustment that will provide Pioneer Community Energy (Pioneer) customers with a discount on electricity generation rates of at least 6%. The Board agreed on the decision at the December 2021 meeting. The rate savings will take effect in March 2022.
Pioneer’s operating principles ensure financial stability while delivering customer value. The Board adopted a revised cash reserves policy, which considers annual operating costs, power supply expenses, power supply market fluctuations and debt service. The new policy acknowledges Pioneer’s number one priority of offering competitive rates.
The 2022 savings come at a time when Pioneer is being nationally recognized for putting the needs of customers first. The energy research group Find Energy recently announced that Pioneer Community Energy won its coveted award for the Lowest Residential Electricity Generation Rate in California for 2020. Based on historical data compiled by Find Energy, Pioneer’s average residential rate was more than 10% lower than the national average.
If you have questions regarding Pioneer’s rate policies or other concerns, please call Pioneer directly at 916-758-8969.