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Resolution E-4160

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

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Resolution E-4160

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  1. 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

  2. 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

  3. 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

  4. 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

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