Why can’t the revenue from the short-term sale of renewable energy credits (RECs) and cap-and-trade allowances be used to lower bills?

The City of Alameda's Public Utilities Board, which oversees Alameda Municipal Power (AMP), has approved the short-term sale of renewable energy through 2019 of renewable energy that is not required to comply with AMP's Renewable Portfolio Standard. However, the Board has explicitly directed that the resulting revenue from those sales be used for additional greenhouse gas emission reductions in support of the City's Climate Action And Resiliency Plan

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1. What does a rate cover?
2. Why does Alameda Municipal Power (AMP) have a monthly customer charge?
3. Who sets the rates for my electric service?
4. How often are rates adjusted?
5. What does my utility bill actually pay for?
6. How do you calculate the charges on my bill?
7. When demand for electricity falls and sales decline, shouldn’t my rates also go down?
8. Why can’t the revenue from the short-term sale of renewable energy credits (RECs) and cap-and-trade allowances be used to lower bills?