14. Recommended by Financial Services Organization Approval of Energy Cost Adjustment Expenditures for the 12-Month Period Commencing January 1, 2025. If approved, the median residential customer’s electric bill for the quarter commencing January 1, 2025, will be higher by an average of 9.24 percent, or $2.66 per month, or $0.00888 per kWh. The variance against the current quarter is due to an increase in the Base Rate Revenue Target Adjustment and decrease in the credit balance of the Variable Energy Adjustment balancing account. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).