BILL ANALYSIS Ó
SENATE COMMITTEE ON APPROPRIATIONS
Senator Ricardo Lara, Chair
2015 - 2016 Regular Session
SB 968 (Monning) - Diablo Canyon Units 1 and 2 powerplant
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|Version: March 31, 2016 |Policy Vote: E., U., & C. 9 - 0 |
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|Urgency: No |Mandate: No |
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|Hearing Date: May 27, 2016 |Consultant: Narisha Bonakdar |
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Bill
Summary: SB 968 requires the Pacific Gas and Electric Company (PG&E) to
submit to the California Public Utilities Commission (CPUC) an
assessment of the adverse and beneficial impacts that would
result from closure of the Diablo Canyon Power Plant (Diablo
Canyon).
*********** ANALYSIS ADDENDUM - SUSPENSE FILE ***********
The following information is revised to reflect amendments
adopted by the committee on May 27, 2016
Fiscal
Impact:
One-time cost of approximately $250,000 (Public Utilities
Commission Utilities Reimbursement Account) for the CPUC to
oversee the economic impact assessment process and conduct a
new proceeding.
SB 968 (Monning) Page 1 of
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Unknown, but likely significant costs, for the completion of
the assessment required by the bill (reimbursed through
ratepayer funds).
Author
Amendments:
Requires the CPUC to cause the impact assessment to be
completed, rather than requiring the CPUC to require PG&E to
contract for the study to be completed.
Deletes the requirement that the CPUC consider any further
assessments needed.
Makes conforming changes.
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