Hourly Flex Pricing

Prices vary by hour, based on market conditions, and can be found on PG&E’s Hourly Pricing website. Trending prices are published seven days in advance. Final prices are set at 4 p.m. a day in advance. On Flex Alert Days, prices are updated again by 6 p.m. Monitor prices for the upcoming week and shift your energy usage to cheaper hours to save.

Prices are likely to be higher on extreme weather days or when grid conditions impact overall electricity demand. Seasonal prices also vary, with higher prices during the summer months (June through September) and lower during other times of the year.

This rate includes a dynamic hourly price for Generation and Distribution. Transmission prices will match your existing rate plan.

This rate includes a subscription that is based on your energy use for the same day and hour last year. If you use more energy than your subscription quantity for an hour, the additional energy use will be charged at the dynamic price. If you use less energy than your subscription quantity for an hour, you will be credited the difference at the dynamic hourly price.

You will not pay more on Hourly Flex Pricing than you would have on your current rate plan.

While on the pilot program:

• You continue to receive and pay your regular monthly PG&E energy statement which includes your Ava generation charges. The rate plan used to calculate your energy bill is unchanged.
• You will also receive a monthly supplemental Hourly Flex Pricing statement that tracks your performance while on the pilot program
• After 12 months, if you performed better in total on Hourly Flex Pricing than on your current rate plan, you will receive a credit for the difference. If your HFP performance does not result in a credit, you are not responsible for any additional charges.

Working with an automation service provider or aggregator who can send direct price signals to your devices will help you manage your energy use based on hourly prices.

Technologies are also available to help you minimize energy use during the most expensive times of day. Examples include:

• Smart thermostats to help you manage your HVAC
• Electric vehicle charging technology for homes and businesses
• Energy management systems that help schedule manufacturing operations

Automation Service Providers (ASPs) provide automation technology and integration to manage and optimize equipment usage in response to changes in energy prices. A list of participating ASPs can be found on www.pge.com/hfp.

When demand for electricity increases dramatically, it can put a strain on the state’s electric grid. When you avoid using electricity during hours of peak demand, you help prevent supply-and-demand issues that can lead to rotating outages. Lower demand also helps ensure that cleaner forms of energy are being supplied by minimizing the need for fossil-fuel plants.

We encourage customers to stay on for the duration of the pilot. This will help us assess the benefits of these rate plans for customers and grid reliability. Participation is risk-free, so you will not pay more on Hourly Flex Pricing than you would have on your current rate plan. However, you can end your participation if it doesn’t work for you.

The Hourly Flex Pricing rate plan pilot ends in December 2027. The Hour Flex Pricing pilot for EV customers ends once funds are exhausted. Customers will not need to make any changes at the end of the pilot. They will remain on their current rate plan.