Differential if there was one for a second increment of power purchase and have that be a source of funds for second increment if it turned out to be more expensive. [multiple voices] i dont know if thats consistent with what the board ordinance says. But if there is room for that, i think it would be interesting to pursue it. It does sound interesting. It may require another action, though. The language and the resolution from the board indicated that we should recover it, but it didnt indicate the time frame. So, there was sort of an expression of moving towards recovering those rates recovering the costs from that customer group. I think you and i are concerned about the time frame. Well, yes. If it is in fact flexible, if you built in that increment in the rates and the intent would be that if the price stayed the same, you would start the repayment of the reserves. If it didnt, then you would simply postpone the repayment of reserves until the next time you set power rates, presum
Embedded in that conversation will be a conversation about how do we how are we actually engaging with customers or potential customers. Opt out how proactive are we being and with which customer groups, and how more responsive mode were in with customer groups. Because there will be an element, i think, given the size of the program that were envisioning. There will be an element of us actively engaging with customers, but there will also be customers who will call us up. In fact, weve already had some potential customers call us already expressing an interest in participating in the program. So, we need to be ready to address sort of both levels of customer interest and that will help us shape our preenrollment and our statutory opt out portions of our roll out of our plan. I wonder if i may also respond to something you said, commissioner moran, about the solicitation and outreach. And that you were imagining we would need to make a determination as to the size of the program before
Of rate to either pay back the reserve or pay a price differential if there was one for a second increment of power purchase and have that be a source of funds for second increment if it turned out to be more expensive. [multiple voices] i dont know if thats consistent with what the board ordinance says. But if there is room for that, i think it would be interesting to pursue it. It does sound interesting. It may require another action, though. The language and the resolution from the board indicated that we should recover it, but it didnt indicate the time frame. So, there was sort of an expression of moving towards recovering those rates recovering the costs from that customer group. I think you and i are concerned about the time frame. Well, yes. If it is in fact flexible, if you built in that increment in the rates and the intent would be that if the price stayed the same, you would start the repayment of the reserves. If it didnt, then you would simply postpone the repayment of re
Help us shape our preenrollment and our statutory opt out portions of our roll out of our plan. I wonder if i may also respond to something you said, commissioner moran, about the solicitation and outreach. And that you were imagining we would need to make a determination as to the size of the program before, if i heard you correctly, before solicitation and outreach. And i just wanted to say that from our perspective, part of the shaping of the program and the size of the program will be in response to some of the outreach we perform. So, you know, as those prior surveys informed us, we expect that we will need to be talking with potential customers to understand if theyre still as interested in the program as they were at the prices we expressed when we last talked to them. Now that the board has told us to incorporate the security costs into the rates, now that were incorporating 20 discount for lowincome customers and recovery of those costs from other customers, the price is going
In party assume some of the pricing influence, construct you would be serving people with. Yes. But it does get into somewhat circular. Yes. The other thing that does occur to me on that, if we went out with a smaller program and if it turned out that the response was just fabulous, and we had an opportunity to do more than we originally thought, the potential problem we have there is that if we have to go back to shelf for a second increment of power, there is no guarantee the second increment will be at the same price as the first increment. It does not promise the price will be more or less. Correct. One thing that occurred to me is that because the board has requested that we build into rates a repayment of the reserves, i was wondering if it might be possible to potentially use that increment of rate to either pay back the reserve or pay a price differential if there was one for a second increment of power purchase and have that be a source of funds for second increment if it turn