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In January, the City of Palm Springs announced the formation of Palm Springs Energy Services (PSES), an alliance between the City and FirstPoint California, a subsidiary of Enron. PSES will offer customers electricity service choices, including Enron's EarthSmart green power option. The green power rate will be 12.5¢/kWh (plus a $1 monthly fee) for residential customers, compared to the base residential rate of 10.6¢/kWh, which includes the California mandated 10% rate reduction. For commercial customers, the rate is 11.75¢/kWh plus a $14.60 monthly fee, compared to the regular small commercial rate of 10.0¢/kWh.
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