BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                            



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                                    THIRD READING


          Bill No:  AB 2761
          Author:   Assembly Utilities and Commerce Committee
          Amended:  As introduced
          Vote:     21

           
           SENATE ENERGY, UTIL. & COMMUNIC. COMM.  : 10-0, 6/17/14
          AYES:  Padilla, Fuller, Block, Cannella, Corbett, De León,  
            DeSaulnier, Hill, Pavley, Wolk
          NO VOTE RECORDED:  Knight
           
          ASSEMBLY FLOOR  :  75-0, 5/8/14 - See last page for vote


           SUBJECT  :    Public Utilities Commission:  report:  renewable  
          energy resources

           SOURCE  :     Author


           DIGEST  :    This bill requires the Public Utilities Commission  
          (PUC) to submit its annual report on the fiscal impact of  
          renewable energy programs on electrical corporations to the  
          policy and fiscal committees of the Legislature by April 1,  
          instead of the current February 1 deadline.

           ANALYSIS  :    Existing law:

          1.Requires investor-owned utilities, publicly-owned utilities,  
            community choice aggregators, and energy service providers to  
            increase purchases of renewable energy such that at least 33%  
            of total retail sales are procured from renewable energy  
            resources by December 31, 2020.  In the interim each entity  
                                                                CONTINUED





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            would be required to procure an average of 20% of renewable  
            energy for the period of January 1, 2011 through December 31,  
            2013 and 25% by December 31, 2016.  This is known as the  
            Renewables Portfolio Standard (RPS).  

          2.Requires PUC, by February 1 of each year, to prepare and  
            submit to the policy and fiscal committees of the Legislature  
            a report on specified topics generally relating to the fiscal  
            impact of renewable energy programs on electrical  
            corporations. 

          This bill moves the report due date from February 1 to April 1  
          of each year.

           Comments
           
          This bill simply moves an existing reporting requirement of the  
          PUC from February 1 of each year to April 1.  Under existing law  
          the report results are based on forecasted versus actual data  
          from the previous year and ultimately does not allow the PUC  
          sufficient time to compile and verify the data, analyze trends,  
          and prepare a report.  The PUC opines that the date extension  
          will result in a report that relies on actual information for  
          the electrical corporation's RPS procurement expenditures.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  No   Local:  
           No

           SUPPORT  :   (Verified  6/18/14)

          Public Utilities Commission

           ASSEMBLY FLOOR  :  75-0, 5/8/14
          AYES:  Achadjian, Alejo, Allen, Ammiano, Atkins, Bigelow, Bloom,  
            Bocanegra, Bonilla, Bonta, Bradford, Brown, Buchanan, Ian  
            Calderon, Campos, Chau, Chávez, Chesbro, Conway, Cooley,  
            Dababneh, Dahle, Daly, Dickinson, Donnelly, Fong, Fox,  
            Frazier, Beth Gaines, Garcia, Gatto, Gomez, Gonzalez, Gordon,  
            Gray, Grove, Hagman, Hall, Harkey, Roger Hernández, Holden,  
            Jones, Jones-Sawyer, Levine, Linder, Logue, Lowenthal,  
            Maienschein, Medina, Melendez, Mullin, Muratsuchi, Nazarian,  
            Nestande, Olsen, Pan, Patterson, Perea, Quirk, Quirk-Silva,  
            Rendon, Ridley-Thomas, Rodriguez, Salas, Skinner, Stone, Ting,  
            Wagner, Waldron, Weber, Wieckowski, Wilk, Williams, Yamada,  







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            John A. Pérez
          NO VOTE RECORDED:  Eggman, Gorell, Mansoor, V. Manuel Pérez,  
            Vacancy


          JG:k  6/19/14   Senate Floor Analyses 

                           SUPPORT/OPPOSITION:  SEE ABOVE

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