resolution e-4160
DESCRIPTION
Resolution E-4160. Resolution E-4160 partially implements SB 1036 which modifies part of the RPS program, specifically altering collection of a portion of the public goods charge that funds renewable energy. SB 1036 (Perata). Effective January 1, 2008 - PowerPoint PPT PresentationTRANSCRIPT
Resolution E-4160
Resolution E-4160 partially implements SB 1036 which modifies part of the RPS program, specifically altering collection of a portion of the public goods charge that funds renewable energy
SB 1036 (Perata)
Effective January 1, 2008 Eliminates CEC responsibility of awarding
supplemental energy payments (SEPs) Requires transfer of unencumbered SEP
funds from CEC back to PG&E, SCE, SDGE, and BVES
Directs IOUs to allocate transferred funds in a manner that benefits all customer classes
Directs decrease of PGC funds collected
Resolution Partially Implements SB 1036 Directs IOUs to stop collecting the portion of Public Goods
Charge used for SEPs Directs IOUs to “return” SEP funds received from CEC to
ratepayers (PPP balancing accounts)
Directs BVES to establish an account to record unencumbered renewable funds transferred from the CEC back to BVES
PG&E $229,010,519
SCE $191,259,591
SDGE $41,198,658
BVES $213,016
Total $461,681,784
Issues Bifurcated from Draft Resolution E-4160
Workshop scheduled for May 7, 2008 Calculation of the “limitation on the total costs
expended above market prices” Methodology to calculate and track above-MPR
Funds (AMFs) requests and IOU status against their respective AMFs limit
Establishment of criteria for contracts to be eligible for AMFs
Establishment of reasonableness review standards for contracts with AMFs requests; non-AMF eligible contracts with above-MPR costs; and contracts after full allocation of AMFs
Administration of AMFs