BILL ANALYSIS                                                                                                                                                                                                    




                   Senate Appropriations Committee Fiscal Summary
                           Senator Christine Kehoe, Chair

                                           64 (Krekorian)
          
          Hearing Date:  8/27/2009        Amended: 6/23/2009
          Consultant:  Bob Franzoia       Policy Vote: E,U&C 6-5
          _________________________________________________________________ 
          ____
          BILL SUMMARY: AB 64 would do the following:
          -  Recast the Renewables Portfolio Standard (RPS) Program to be  
          operative on January 1, 2011 and which the Public Utilities  
          Commission (PUC) would enforce.
          - Require a retail seller and a local publicly owned electricity  
          utility (POU) to procure at least 23, 27, and 33 percent of the  
          electricity delivered to its retail customers from eligible  
          renewable energy resources (ERERs) by December 31, 2014, 2017,  
          and 2020 respectively. 
          - Require the PUC to establish procurement targets for retail  
          sellers that are sufficient to reach the above stated  
          requirements and require an electrical corporation's renewable  
          energy plan to include a process that provides criteria for the  
          rank ordering and selection of ERERs to that the corporation's  
          total renewables portfolio benefits ratepayers.
          - Require the PUC to annually adopt a benchmark price for  
          electricity generated by an ERER and would prohibit the PUC from  
          requiring a retail seller to procure additional electricity from  
          ERERs if the net annualized costs expended above the benchmark  
          price exceeds five percent of the retail sellers total system  
          annual revenue requirements.
          - Require the governing board of a POU to implement a similar  
          location for the utility thereby imposing a state mandated local  
          program.
          - Revise exiting law with respect to the use of renewable energy  
          credits to meet RPS procurement requirements.
          - Authorize the PUC to modify certain requirements for an  
          electrical corporation with 60,000 or fewer customers in the  
          state that serve retail end-use customers outside the state and  
          provide that a public utility district that receives all of its  
          electricity from hydroelectric generation pursuant to a  
          preference right created by a specified federal law is in  
          compliance with the RPS.
          - Revise Renewable Energy Resources Program definitions to  
          incorporate the definition of an ERER from the RPS Program and  
          define what is a "new" and "existing" ERER. 
          - Establish the Energy Planning and Infrastructure Coordinating  










          (EPIC) Committee that would be required to use existing  
          resources and the authority of the state agencies represented to  
          coordinate the actions of the state, make policy  
          recommendations, and develop a strategic plan to achieve the RPS  
          percentages noted above.
          - Require the strategic plan to designate renewable energy  
          development (RED) zones with high concentrations of ERERs, to  
          designate transmission corridors, and include a timetable of  
          stages required to meet the 25 and 33 percent RPS requirements.
          - Authorize the EPIC Committee to incorporate in the strategic  
          plan the Renewable Energy Transmission Initiative (RETI) process  
          and to require the committee to facilitate coordinated permit  
          and certification review agreements with entities responsible  
          for environmental review.
          - Require the EPIC Committee to direct the CEC to prepare a  
          program environmental impact report (PEIR) for each RED zone and  
          require the committee approve the report before the CEC may  
          certify completion of the PEIR.
          - Require the CEC to adopt a strategic plan for the state's  
          transmission grid.
          Page 2
          AB 64 (Krekorian)

          - Authorize the CEC to separately adopt a strategic plan to  
          facilitate achieving the RPS requirements.  This plan would be  
          required to be consistent with the strategic plan adopted by the  
          EPIC committee.
          - Require the CEC to confer with the Federal Energy Regulatory  
          Commission (FERC) on transmission corridors.
          - Grant the CEC exclusive authority to certify an ERER, as  
          specified.
          - Make the issuance of a certificate by the CEC for an ERER  
          conclusive when the PUC is determining whether to issue a  
          certificate of public convenience.
          - Authorize the PUC, with the concurrence of the Division of  
          Ratepayer Advocates, to accept as a rebuttal presumption that a  
          transmission project is needed to connect to renewable  
          generation and require the PUC to produce a decision on whether  
          to issue a certificate of public convenience, or refuse to issue  
          it, within one year of receiving the completed application.
          - Impose a state mandated local program by placing additional  
          requirements upon POUs, which are entities of local government,  
          and new requirements on city and county governments.
          _________________________________________________________________ 
          ____
                            Fiscal Impact (in thousands)











           Major Provisions         2009-10      2010-11       2011-12     Fund
           PUC workload           Estimated annual costs of up to  
          $1,664Special*                                          
          CEC workload                     Estimated annual costs of up to  
          $9,750           Special**
                                           Contract costs of $3,500

          State energy costs                          Unknown cumulative  
          increase potentially       General/
                                                            $558,000  
          annually statewide beginning          Special***
                                           2010 to 2013 to meet new RPS  
          threshold.
                                           See Staff Comments

          State mandate on POUs           Unknown major costs ongoing      
          General        

          * Utilities Reimbursement Account
          ** Energy Resources and Programs Account (one-tenth of a mill  
          ($0.0001) surcharge per kilowatt hour)       
          *** Service Revolving Fund, other special funds (total estimated  
          on IOU usage)
          _________________________________________________________________ 
          ____

          STAFF COMMENTS: SUSPENSE FILE.
          
          Chapter 516/2002 (SB 1078, Sher) and Chapter 464/2006 (SB 107,  
          Simitian) established and revised the RPS program which requires  
          IOUs to increase procurement from eligible renewable energy  
          resources by at least one percent of retail sales annually,  
          until they reach 20 percent by 2010.  The 20 percent threshold  
          in Chapter 516 was accelerated from 2017 to 2010 by Chapter 464.

          Executive Order S-14-08 ordered that all retail sellers of  
          electricity shall serve 33
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          AB 64 (Krekorian)

          percent of their load with renewable energy by 2020.  The order  
          directed state agencies to take all appropriate actions to  
          implement this target in all regulatory proceedings, inlcuding  
          siting, permitting, and procurement for renewable energy power  
          plants and transmission lines.











          A retail seller means an entity engaged in the retail sale of  
          electricity to end use customers located within the state  
          (Public Utilities Code 39912).

          An electrical corporation includes every corporation or person  
          owning, controlling, operating, or managing any electrical plant  
          for compensation within this state, except where electricity is  
          generated on or distributed by the producer through private  
          property solely for its own use or the use of its tenants and  
          not for sale or transmission to others (Public Utilities Code  
          218).

          PUC costs
          PUC implementation will require an estimated fourteen positions  
          for an annual cost of $1,663,506.  This included two public  
          utilities regulatory analyst IIIs, three public utilities  
          regulatory analyst Vs, one administrative law judge and one  
          attorney working full-time for the RPS team to implement the RPS  
          mandates as directed by this bill.  Five public utilities  
          regulatory analysts, one attorney and one administrative law  
          judge full-time would be needed for the transmission permitting  
          team to maintain current transmission permitting efficiencies  
          under this bill's one-year permitting deadline and increased RPS  
          target.  

          CEC costs
          CEC implementation will require an estimated $3.5 million in  
          contracts and 75 positions to process new project applications  
          and prepare program EIRs.  Workload assumptions are:

          - The CEC will assume jurisdiction over numerous new projects.   
          The volume of incoming project applications is unknown; however,  
          the CEC assumes that 25 new project applications may be received  
          and would be processed annually.  Based on inquires received, a  
          large number of solar, small wind, and bio-fuel application  
          applications and projects would result from passage of this  
          measure.

          - The CEC will require an estimated three staff per project to  
          process the application.  Currently, the CEC requires six to  
          seven staff per project; however, it is assumed these new  
          projects will be smaller in scope and require fewer resources  
          per project.  As a result, the CEC estimates it will require 75  
          staff (three staff per project x 25 new projects) to process the  
          increased number of applications for smaller projects which may  










          also require Environmental Assessments or Mitigated Negative  
          Declarations.

          - The CEC would be required to prepare PEIRs and other  
          assessments and planning documents.  These efforts would be  
          completed through the use of contract dollars versus hiring  
          permanent staff.

          State Energy Costs
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          AB 64 (Krekorian)

          The state is a retail energy customer appropriating General  
          Funds for entities like the University of California, the  
          California State University, and the California Department of  
          Corrections and Rehabilitation, and K-14 education in a less  
          direct manner.  The Department of General Services allocates  
          Service Revolving Funds, a fund used for the purchase and sale  
          of materials, supplies and equipment and the rendering of  
          services, including energy used by special fund entities.  

          California is served by about 75 load-serving entities (LSEs).  
          There are: 
                 IOUs - 6 
                 POU - 48 
                 Rural Electricity Cooperatives - 4 
                 Native American Utilities - 3 
                 Other Electricity Service Providers - 14 

          The five largest utilities and total electricity consumption  
          (2007) are: 
             1.   Southern California Edison Company (SCE) - 88,208  
               million kWh 
             2.   Pacific Gas and Electric Company (PG&E) - 85,057 million  
               kWh 
             3.   Los Angeles Department of Water and Power - 24,317  
               million kWh 
             4.   San Diego Gas & Electric (SDG&E) - 20,300 million kWh 
             5.   Sacramento Municipal Utility District  - 10,917 million  
               kWh 

          In 2008, within the SCE and SDG&E service territories, state  
          entities consume 739,651,000 (state), 428,876,000 (colleges and  
          universitites) and 1,930,848,000 (K-12) and 62,650,000 (state),  
          244,836,000 (colleges and universities) and 375,976,000 (K-12)  
          kWh, respectively.  Per kWH rates range from $0.096 for colleges  










          and universities to $0.16 for K-12 and from $0.07 for colleges  
          and universitites to nearly $0.17 for K-12, respectively.   
          Within the PG&E service terrritory, state entities consume  
          1,169,420 megaWatt hours (MWh) (16 percent of use by all  
          governmental activity (federal, state, county, city, district,  
          city/county, and foreign).  (At this time, K-12 consumption  
          within the PG&E service territory is an estimate of 50 percent  
          of total "district" govermental activity or 1,362,520 MWh.  This  
          varies total state PG&E consumption between 3 and 4.5 percent.)   


          Total state entity consumption within these IOU service  
          territories is estimated at approximately 6,315,000,000 kWh (10  
          to 11 percent of all consumption within these service  
          territoires).  IOUs deliver approximately two thirds (64.3  
          percent in 2007) of state systemwide electricity.  Adding POUs,  
          total state entity consumption is estimated at 15 to 16 percent  
          of all consumption in the state.  If the cost in 2020 to achieve  
          a 33 percent RPS threshold is $1.8 billion to all ratepayers,  
          state costs would increase by an estimated $279 million annually  
          (15.5 percent of $1,800,000,000) based on 2007 and 2008  
          electricity consumption data.

          Other non General Fund entities may be affected.  For example,  
          though the provisions of the bill relate to retail rates, and  
          the State Water Project (SWP) is a wholesale purchaser, to the  
          extent that there are new costs associated with new transmission  
          lines, SWP costs may increase.  Currently, SWP  
          transmission-related costs are several million dollars annually.  
           
          Page 5
          AB 64 (Krekorian)

          Changes in energy usage, climate changes including changes in  
          rainfall, regulatory changes, efficiencies in renewable energy  
          production, and changes in the cost and availability of fossil  
          fuels will impact these costs.

          A joint PUC/CEC greenhouse gas proceeding estimated statewide  
          RPS revenue requirements in 2020 depending on one of three  
          scenarios.  The PUC analysis estimates achieving a 33 percent  
          RPS threshold in 2020 will cost $8.9 billion in generation and  
          transmission costs but will save $6.3 billion in avoided costs  
          (the cost of building and operating conventional fossil fueled  
          generation) resulting in a net cost to ratepayers of $2.6  
          billion annually.  That is, the cost to the ratepayer when the  










          RPS threshold is increased from 20 percent to 33 percent is  
          slightly more than one half cent per kWh.  An updated PUC  
          estimate of total costs and net costs indicates the cost to  
          ratepayers is approximately one cent per kWh.