BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 723
                                                                  Page  1

          Date of Hearing:   May 18, 2011

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Felipe Fuentes, Chair

                AB 723 (Bradford) - As Introduced:  February 17, 2011 

          Policy Committee:                              Natural 
          ResourcesVote:6-2
                        Utilities and Commerce                10-0

          Urgency:     No                   State Mandated Local Program: 
          Yes    Reimbursable:              No

           SUMMARY  

          This bill extends, from January 1, 2012, to January 1, 2016, 
          charges to electricity customers, known collectively as the 
          public goods charge, to fund energy efficiency, renewable energy 
          and energy research.  The bill also authorizes the California 
          Energy Commission (CEC) to continue to fund its renewable energy 
          program during the program's 2012-16 investment cycle.

           FISCAL EFFECT  

          This bill will result in the annual collection and expenditure 
          of at least $365 million from 2012 through 2016 from ratepayers 
          of the state's major investor-owned utilities (Pacific Gas and 
          Electric, Southern California Edison and San Diego Gas and 
          Electric) and a proportional amount from the customers of the 
          state's municipal electric utilities, such as the Los Angeles 
          Department of Water and Power.

           COMMENTS  

          1)Rationale.   The author contends it important to continue to 
            collect the public goods charge to provide funding for 
            investments in energy efficiency, renewable energy and energy 
            research. 

           2)Background.   When California partially deregulated its energy 
            market in 1996, many assumed the state's for-profit 
            investor-owned utilities (IOUs), seeking to reduce costs, 
            would cut research and other efforts that provide public 
            benefits. To ensure continuation of energy research and other 








                                                                  AB 723
                                                                  Page  2

            efforts that benefitted the public, statute directed the IOUs 
            to levy a public goods charge on electricity bills to annually 
            fund energy efficiency ($228 million), renewable energy ($65.5 
            million), and energy research, development and demonstration 
            ($62.5 million).  The public goods charge was authorized for 
            10 years and is set to expire at the beginning of 2012.  
            Statute also directs the state's municipally owned utilities 
            to charge their customers a public goods charge for the same 
            purposes and in an amount proportional to revenues. 

           3)Related Legislation.   

             a)   AB 1303 (Williams), pending before this committee, 
               authorizes CEC to administer its renewable energy program 
               and the public interest energy research program until 2020, 
               but does not extend the public goods charge that currently 
               funds those programs.

             b)   SB 35 (Padilla), pending before the Senate 
               Appropriations Committee, repeals the public goods charge 
               and the renewable energy and research programs, replacing 
               them with a new program.

             c)   SB 410 (Wright)  ,  also before the Senate Appropriations 
               Committee, extends the sunset on the public goods charge 
               and research program for 10 years, to 2022.  

           4)Support.   This bill is supported by the Los Angeles County 
            Board of Supervisors, Environmental Defense Fund and several 
            other environmental, conservation and renewable energy 
            advocates.  

          5)Opposition.   The bill is opposed by the California 
            Manufacturers Association, whose members often pay large 
            electric utility bills.   
           
           Analysis Prepared by  :    Jay Dickenson / APPR. / (916) 319-2081