Next 10 is focused on innovation and the intersection between the economy, the environment and quality of life issues to benefit all Californians.

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Retail Prices vs. Social Marginal Cost

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Figure 3a-c | Retail Price vs. Social Marginal Cost ($/kWh)

Source: Primary marginal cost estimates are authors’ calculation explained in text, weighted across hours by IOU load. Average prices for bundled customers are from FERC form 1. CARE and non-CARE prices are derived using CARE and non-CARE kWh, CARE discounts, and participation sourced from CARE cost reports. Next 10 | 2021

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