OPA's goal for this dashboard is to share how LADWP's average retail electricity rates compare to other California utilities as a starting point to assess LADWP's performance.
Average retail electricity rates are determined by dividing the utility's revenue by the amount of electricity it sells, using data from the Energy Information Administration (EIA). This method is helpful for comparing electricity rates across utilities and to see changes in utility rates over time. The methodology section of the dashboard has more details about how these rates are calculated.
These are not published rates that you pay on your bill. These average retail electricity rates should be used for making comparisons across utilities and should not be taken at face value.
The average retail electricity rates shown in this dashboard should not be used to draw conclusions about the overall affordability of a utility's electricity services. Other elements, like rate design and supporting programs, are critical to understanding the overall affordability of a utility's services and are not reflected in the dashboard.