BILL ANALYSIS                                                                                                                                                                                                    �          1







                SENATE ENERGY, UTILITIES AND COMMUNICATIONS COMMITTEE
                                 ALEX PADILLA, CHAIR
          

          AB 723 -  Bradford                                     Hearing 
          Date:  August 13, 2012          A
          As Amended:         August 8, 2012      FISCAL/Urgency       B
                                                                        
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                                      DESCRIPTION
           
           Prior law  which sunset January 1, 2012, requires the 
          investor-owned utilities (IOU) to collect a ratepayer surcharge, 
          commonly known as the public goods charge (PGC) of $228 million 
          per year for energy efficiency, $65.5 million for renewable 
          energy, and $62.5 million for public interest energy research, 
          development and demonstration.

           Current law  requires the California Energy Commission (CEC) to 
          develop, implement, and administer a program to fund public 
          interest energy research, development and demonstration 
          activities that, as determined by the CEC, are not adequately 
          provided for by competitive and regulated markets known as the 
          Public Interest Energy Research program (PIER).   Funding for 
          this program was derived from the PGC.

           Decisions of the California Public Utilities Commission (CPUC)  
          establish the Electric Program Investment Charge (EPIC) to 
          continue funding for the expiring PGC. EPIC funds, $162 million 
          annually from 2013-2020, will be administered 80 percent by the 
          CEC for research, development, demonstration, and market 
          facilitation, and 20 percent by the IOUs in the area of 
          technology demonstration and deployment. All funds will be 
          administered under CPUC oversight, with a proceeding at least 
          every three years to consider more detailed investment plans 
          presented by the administrators.

          This bill  extends the authorization for the collection of the 
          public goods charge through January 1, 2020 and transfers all 
          funds collected under orders of the CPUC for the EPIC to the 
          CEC.

           This bill  creates the Clean Energy Investment Program to be 









          administered by the CEC to support the state's renewable energy 
          goals by developing an investment plan, in consultation with an 
          advisory body in public meetings, for technology demonstration 
          and deployment and market facilitation for clean energy 
          technologies.

           Current law  directs the CEC to use remaining fund balances in 
          the Renewable Resources Trust Fund (RRTF) for the close-out of 
          awards in the Emerging Technologies program and Consumer 
          Education activities.

           This bill  directs that the remaining RRTF funds also be used for 
          the New Solar Homes Partnership, the allocation of grants for 
          renewable energy planning under AB x1 13 (V.M. Perez, 2011), and 
          for the Clean Technology and Renewable Energy Job Training, 
          Career Technical Education, and Dropout Prevention Program 
          administered by the Superintendent of Public Instruction (SB x1 
          1, Steinberg, 2011).

           This bill  is operative only if SB 870 (Padilla) regarding energy 
          research is also enacted.


                                      BACKGROUND
           
          History of the Public Goods Charge - In 1996, the Legislature 
          dismantled the traditional model for providing electricity by 
          requiring previously vertically integrated utility monopolies to 
          sell their electricity generation, turn over control of its 
          distribution systems to an independent operator and board, and 
          allow wholesale and retail competition under specified rules and 
          timelines (AB 1890, Brulte).  At the time, legislators were 
          concerned that the state's three IOUs, Pacific Gas & Electric, 
          Southern California Edison, and San Diego Gas & Electric, would 
          not invest in public interest research, because research 
          generally adds costs that reduces profit, and if they did, the 
          utilities would treat any research breakthroughs as proprietary. 
           Additionally, the Legislature wanted to promote energy 
          efficiency and renewable energy resources as substitutes to 
          fossil fuel-generated electricity.

          AB 1890 first established a public goods charge from January 1, 
          1998 until December 31, 2001.  All ratepayers within an IOU's 











          service territory paid the PGC based on the amount of energy 
          they consumed.  The bill directed the CEC to allocate revenues 
          from the PGC for:

                 Cost-effective energy efficiency and conservation 
               activities;
                 Public interest research (PIER) and development not 
               adequately provided by competitive and regulated markets;
                 In-state operation of development of existing and new 
               renewable energy resources; and
                 Benefits for low-income consumers, although this program 
               was not subject to the sunset.

          In 1997, the Legislature created the RRTF, into which the 
          utilities deposited that share of the PGC revenues for renewable 
          resources (SB 90, Sher).  Initially intended to last for only 
          five years, SB 90 codified a CEC report that divided up AB 
          1890's $540 million in the following ways:

                 $54 million for the Emerging Renewables Program, which 
               provided rebates to consumers who install renewable 
               resources at home or at their business;
                 $162 million for the New Renewable Resources Account, 
               which allocated production incentives for new renewable 
               energy systems placed in service between 1996 and 2002; and
                 $81 million for consumer side, initially including 
               credits to renewable energy generators to allocate to its 
               customers, although the legislature ended that allocation 
               (SB 1250, Perata, 2006).  Today, this account principally 
               pays to educate consumers about renewable energy, and now 
               uses $1 million per year.

          SB 90 also directed the allocation of $243 million of the public 
          goods charge revenues to pay for energy from existing renewable 
          resources.  The bill grouped renewable sources into three tiers 
          based on the difference between the current market price for 
          that source of electricity, and the target price CEC thought 
          would make that resource competitive.  SB 90 wasn't specific 
          about allocating the public interest research funds, instead 
          directing CEC to convene a panel of experts to recommend public 
          interest research allocations.  

          In 2000, the Legislature extended the public benefits charge 











          until 2012 (AB 995, Wright and SB 1194, Sher).  The bills set 
          funding amounts for the utilities to collect by applying the 
          public benefits charge from 2002 to 2012, but only authorized 
          the CEC and CPUC to spend funds until 2007.  The measures 
          directed the CEC to develop investment plans for renewable 
          energy and public interest research funding, which the 
          Legislature had to ratify before the CEC allocated funds.  The 
          bills also transferred the authority to allocate energy 
          efficiency funds to the CPUC, which added the proceeds onto 
          funds it already directs IOUs to spend on energy efficiency 
          under its own authority.  In 2002, the Legislature blessed the 
          CEC and CPUC fund allocations that changed the formulas listed 
          above (SB 1038, Sher).  That year, the Legislature also enacted 
          the renewable portfolio standard (RPS), which requires IOUs to 
          purchase a specified percentage of electricity from renewable 
          sources by a certain year (SB 1078, Sher).  In 2011 the 
          Legislature increased the percentage to 33% by 2020 (SBx1 2, 
          Simitian).

          In 2005, the Legislature authorized spending revenues from 2007 
          to 2012, but reallocated the funds, substituting its priorities 
          for the CEC's (SB 1250, Perata).  The measure also expanded the 
          goals of the PIER program.  As amended by SB 1250 and SB 76 
          (Committee on Budget, 2005), PIER's research priorities now 
          include:

                 Advanced electricity generation;
                 Climate change and environment;
                 Energy efficiency and demand response strategies;
                 Renewable energy;
                 Transmission and distribution of power; and
                 Transportation-related research.

          In 2007, the Legislature changed the funding percentages from 
          the RRTF to send 20% to the Existing Renewable Facilities 
          Program, 79% to the Emerging Renewables Program, and 1% to the 
          Consumer Education Program (SB 1036, Perata).  From 1998 to 
          2006, the Emerging Renewables program provided rebates for 
          persons and businesses to install solar thermal and photovoltaic 
          systems; however, in 2007 the Legislature redirected those funds 
          to the New Solar Homes Partnership to be administered by the CEC 
          as a result of the California Solar Initiative which pays 
          rebates for consumers installing solar energy systems.  The 











          Emerging Renewables Program funded small scale fuel cell and 
          wind programs.  The Existing Renewables Program subsidized large 
          solar thermal and biomass plants.  SB 1036 also ended the New 
          Renewable Resources Account, instead granting authority for the 
          CPUC to subsidize above market renewable energy costs through 
          rates.  �Summary courtesy of Government & Finance Committee]

          Electric Program Investment Charge - In December 2011, funding 
          for the state's PGC on electric ratepayers expired.  Efforts to 
          continue the surcharge, which requires a two-thirds vote of the 
          Legislature, failed. The PGC funded research and development, 
          energy efficiency, and renewable energy programs.  The benefits 
          of these programs were then distributed generally, thus the 
          surcharge was considered a tax for voting purposes.

          In September 2011, the Governor sent a letter to the CPUC 
          requesting that it take action to ensure that programs funded 
          under the PGC would be continued, but with respect to 
          modifications legislators discussed during the PGC extension 
          deliberations.  The CPUC initiated a rulemaking to consider 
          continuing the programs of the PGC with a sole focus on the 
          IOUs.  Its first decision in December of 2011 directed the IOUs 
          to continue to collect what had formerly been known as the PGC 
          and which would in 2012 become the Electric Program Investment 
          Charge or EPIC.  

          The CPUC issued a second decision in May which considered the 
          use of the EPIC funds and called for the CEC to administer 80% 
          of the funds and 20% by the IOUs.  The use of funds was directed 
          to the following categories and purposes:

                  Applied Research  - activities supporting pre-commercial 
               technologies and approaches that are designed to solve 
               specific problems in the electricity sector;
                  Technology Demonstration and Deployment  - installation 
               and operation of pre-commercial technologies or strategies 
               at a scale sufficiently large and in conditions 
               sufficiently reflective of anticipated actual operating 
               environments to enable appraisal of the operational and 
               performance characteristics and the financial risks.  20% 
               is specifically set aside in the first three-year cycle for 
               bioenergy projects or activities; and
                  Market Facilitation  - a range of activities including 











               program tracking, market research, education and outreach, 
               regulatory assistance and streamlining and workforce 
               development to support clean energy technology and strategy 
               deployment.

          The commission considered another funding category - market 
          support - for programs that seek to enhance the competitive 
          position of certain preferred, commercially-proven technologies 
          and approaches relative to incumbent technologies and 
          approaches.  These programs are essentially rebate programs such 
          as the Emerging Renewables Program and New Solar Homes 
          Partnership.  The commission rejected funding for market support 
          "finding that they are either too technology-specific and/or not 
          sufficiently well developed to be a program that we could easily 
          adopt immediately."

          The IOUs were directed to allocate to the CEC its administrative 
          funds on a quarterly basis to "minimize the opportunities for 
          the Legislature to utilize EPIC funding for other purposes" and 
          to allocate other program funds to the CEC when those funds are 
          encumbered.  The CEC and IOUs are required to file triennial 
          investment plans with the CPUC.  The decision specifically 
          rejects the need for a formal advisory committee structure for 
          EPIC "because it risks inappropriate delegation of authority 
          that rests with the commission itself."  Although the utilities 
          argued for more oversight of the CEC - that was rejected.  There 
          are no advisory boards or public processes required of the CEC 
          which is given a great deal more discretion over the EPIC funds 
          than existed for the PGC funds. 

          The CEC will receive 80% of the funds and the remaining 20% will 
          stay with the three IOUs.  There is a specific set-aside of 20% 
          of the technology demonstration and deployment funds for 
          2012-2014 being administered by both the CEC and the IOUs 
          dedicated to bioenergy projects or activities.  Each entity has 
          been directed to balance needs and priorities and report back to 
          the CPUC in the fall with three-year investment plan to be 
          reviewed and approved by the commission. 

          The final allocation of EPIC dollars by the CPUC is reflected 
          below:













                   Annual EPIC Funding Collections and Allocation
                      Beginning January 1, 2013 (in $ Millions)
          
           ----------------------------------------------------------------- 
          |      Funding Element       |  CEC   |Utilitie|  CPUC  |  Total  |
          |                            |        |   s    |        |         |
          |----------------------------+--------+--------+--------+---------|
          |Applied Research            |   $55.0|      --|      --|    $55.0|
          |----------------------------+--------+--------+--------+---------|
          |Technology Demonstration    |   $45.0|   $30.0|      --|$75.0    |
          |and Deployment              |        |        |        |         |
          |----------------------------+--------+--------+--------+---------|
          |Market Facilitation         |   $15.0|      --|      --|    $15.0|
          |----------------------------+--------+--------+--------+---------|
          |Program Administration      |   $12.8|    $3.3|      --|    $16.2|
          |----------------------------+--------+--------+--------+---------|
          |Program Oversight           |      --|      --|    $0.8|   - $0.8|
          |----------------------------+--------+--------+--------+---------|
          |Total                       |  $127.8|   $33.3|    $0.8|$162.0   |
           ----------------------------------------------------------------- 

          Constitutionality of EPIC - The constitutionality of the EPIC 
          has been called into question.  The CPUC does have ratemaking 
          authority but the rates charged must provide a direct benefit to 
          ratepayers.  The EPIC charge does not stay in the IOU territory 
          for the benefit of its ratepayers and when the funds are 
          transferred to another state agency, in this case the CEC, the 
          EPIC rates become a tax.  This is consistent with the 
          designation of the PGC bills as taxes requiring a two-thirds 
          vote of the Legislature.  According to the Senate Budget 
          Committee the "LAO, and others, have raised concerns about the 
          nature of this program, including the potential violation of 
          Proposition 26, the circumvention of the Legislature in the 
          development of the program, the lack of legislative oversight 
          over the program in general, and finally a lack of understanding 
          of the consequences to ratepayers for the multiple energy 
          efficiency related programs currently being developed and 
          implemented by the state."

          2012 Budget Act & Resources Trailer Bill - The CEC has funds 
          remaining from the PGC in its research program which it will 
          continue to spend until the funds have been exhausted.  There 
          are also funds remaining in the RRTF which is also still owed 











          loan repayments from the General Fund.  The resources trailer 
          bill to the Budget Act of 2012 (SB 1018) provides for the 
          elimination of defunct statutes for the RRTF and specifies how 
          remaining funds are to be used including the funding of 
          contracts and awards approved by the CEC prior to the adoption 
          of the Budget.


                                       COMMENTS
           
              1.   Reconsideration  . This bill was considered by the 
               committee on July 3rd and a motion was made to pass the 
               bill as amended which failed passage by a vote of 6 to 2.  
               Reconsideration was granted.  Since that hearing the bill 
               has been amended to address the issues raised in the prior 
               committee analysis.

              2.   Author's Purpose  .  AB 723 will ensure that electric 
               ratepayer funds for energy efficiency, research development 
               and demonstration, and renewable energy programs are 
               expended consistent with and pursuant to legislative 
               direction. Although the CPUC has established new programs 
               to support renewable goals, similar in scope and funding to 
               those supported by the PGC, and ordered the continued 
               collection of the former PGC funds through its EPIC 
               program, the constitutionality of the commission's action 
               has been called into question.  This bill would resolve 
               that issue and also ensure that the Legislature has 
               oversight of the programs by the CEC.

              3.   Clean Energy Investment Program  .  The program structure 
               proposed in this bill is similar to that created for the AB 
               118 program which relies on a vehicle registration fee to 
               fund grants and loans to develop and deploy innovative 
               technologies that transform California's fuel and vehicle 
               types to help attain the state's climate change policies.  
               That program requires the CEC to design a plan for 
               submission to the Legislature on a track that parallels the 
               budget process.  This allows the CEC the flexibility to 
               fund programs that are fast-changing and gives the 
               Legislature the oversight over funding priorities which can 
               change from year to year.  
                











               The new clean energy program authorized by this bill would 
               supplant the old RRTF and require that an investment plan 
               be developed by the CEC, in consultation with an advisory 
               body that would meet twice a year and be subject to open 
               meetings requirements.  The advisory body would be 
               comprised of utilities, the PUC, ISO, environment and 
               business associations and others to work with the CEC staff 
               to develop an investment plan for approval by the full 
               commission.  The funds could be used for technology 
               demonstration and deployment and market facilitation for 
               clean energy technologies.
                
             4.   Fund Allocation  .  This bill transfers all new PGC funds 
               to the RRTF.  This fund was used for several years to 
               administer renewable programs under the former PGC.  In the 
               budget trailer bill the Legislature called for specific 
               uses for the funds remaining in the old program and for 
               future loan paybacks from the General Fund.  In order to 
               keep the old and new funds separate and the purposes clear, 
               the author should work with the Appropriations Committee to 
               create a new fund for the new renewable program funds - 
               Clean Energy Investment Program Fund - and specifically 
               allocate research dollars to a separate fund.

              5.   Is PGC Funding Necessary for Energy Efficiency  ?  The 
               requirement to collect PGC funding for energy efficiency 
               began prior to the CPUC ordering IOUs to administer energy 
               efficiency programs.  Last December the CPUC ordered the 
               IOUs to continue to collect the energy efficiency funds 
               included in this bill through 2012.  Unlike the PGC 
               programs administered by the CEC which are funded by EPIC, 
               it is not clear that the CPUC needed legislative authority 
               to extend that funding.  Collecting funds to pay for the 
               IOU energy efficiency programs through the PGC or through 
               rates would make no difference to ratepayers and the CPUC 
               has the authority to continue to fund all cost-effective 
               energy efficiency.

               Last year's AB 724 did have some program reforms for energy 
               efficiency some of which were later adopted by the CPUC.  
               Its May 2012 decision providing guidance to the IOUs on 
               2013-2014 energy efficiency programs included the expansion 
               of financing options for ratepayers to achieve deep energy 











               efficiency retrofits and expanding the role of local 
               governments and third parties in administering energy 
               efficiency programs.  It's not clear that any program 
               direction is needed in this bill at this time and the 
               simple extension of funds will work on its own.  The 
               authority of the CPUC to increase energy efficiency funding 
               on its own motion is also clear and therefore the statutory 
               extension of energy efficiency funding in this bill may not 
               be necessary.  The author may wish to discuss this issue 
               with the Senate Appropriations Committee.

              6.   Leftovers  .   The resources trailer bill (SB 1018) to the 
               2012 Budget Act repealed most program authority for the 
               prior RRTF.  However, there are remaining funds in the 
               account and loan paybacks due particularly from the General 
               Fund.  The trailer bill authorized limited use of the 
               remaining balances to fund contracts and awards already 
               approved and the overhead expenses of the CEC associated 
               with administering the RPS.  In prior years the Legislature 
               authorized the use of RRTF funds, subject to appropriation, 
               for three other programs:  New Solar Homes Partnership, 
               Clean Technology and Renewable Energy Job Training, Career 
               Technical Education, and Dropout Prevention Program (SB x1 
               1, Steinberg, 2011) and renewable energy development grants 
               (AB x1 13, V.M. Perez, 2011).  This bill provides the CEC 
               with the authority to use remaining RRTF funds for these 
               purposes.


                                      PRIOR VOTES
           
          Senate Governance and Finance Committee                        
          (6-3)
          Assembly Floor                     (58-14)
          Assembly Appropriations Committee  (12-5)
          Assembly Natural Resources Committee                           
          (6-2)
          Assembly Utilities and Commerce Committee                      
          (10-0)

                                       POSITIONS
           
           Sponsor:











           
          Author

           Support:
           
          None on file

           Oppose:
           
          California Chamber of Commerce
          California Large Energy Consumers Association
          California League of Food Processing
                                                                       California Manufacturers and Technology Association
          Howard Jarvis Taxpayers Association
          Southern California Edison


          Kellie Smith 
          AB 723 Analysis
          Hearing Date:  August 13, 2012