BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                           Senator Christine Kehoe, Chair


          AB 2187 (Bradford) - Renewable energy resources.
          
          Amended: May 1, 2012            Policy Vote: EU&C 11-1
          Urgency: No                     Mandate: No
          Hearing Date: July 2, 2012      Consultant: Marie Liu
          
          This bill does not meet the criteria for referral to the 
          Suspense File.
          
          
          Bill Summary: AB 2187 would allow all contracts for renewable 
          generation made through January 13, 2011 by electrical service 
          providers (ESPs) to be counted as eligible procurement for any 
          of the three compliance periods under the state's Renewables 
          Portfolio Standard (RPS) and for any product category.

          Fiscal Impact: One-time costs of approximately $80,000 from the 
          Public Utilities Reimbursement Account (special fund), to modify 
          existing PUC rules relating to RPS.

          Background: In 2011, through the passage of SBx1 2 (Simitian) 
          Chapter 1/2011, the Legislature expanded the state's RPS program 
          to require that investor owned utilities, publically owned 
          utilities, and ESPs procure 33% of their electricity from 
          renewable resources by 2020 and further delineated interim 
          procurement obligations. Specifically, the new RPS program 
          establishes three product content categories ("buckets") and 
          sets limitations on the quantity of electricity products for 
          each of the three buckets. The three buckets are for renewable 
          resources directly connected to a California balancing authority 
          or provided in real time without substitution from another 
          energy source, energy not connected or delivered in real time 
          yet still delivering electricity, and unbundled renewable energy 
          credits. Essentially the buckets place the highest value on 
          renewable energy that is directly delivered into California 
          because it has the greatest economic, environmental, and 
          reliability benefits.

          SBx1 2 "grandfathered" in all contracts entered into prior to 
          June 1, 2010 by allowing these contracts to count towards 
          compliance for any bucket. Even though SBx1 2 was approved by 
          the Legislature in March 2011, the June 1, 2010 was 








          AB 2187 (Bradford)
          Page 1


          intentionally chosen as the cutoff date since this was the date 
          that had been used in RPS discussions that begun in the previous 
          session (SB 722(Simitian)). While RPS discussions in the 
          Legislature were pending, however, entities, especially ESPs, 
          continued to secure renewable energy contracts, presumably 
          knowing that these contracts did not comply with the pending 
          legislation.
          
          Proposed Law: AB 2187 would expand the contracts "grandfathered" 
          in, and thereby exempt from the bucket limits, to include all 
          contracts made through January 13, 2011 by ESPs. 

          Staff Comments: Which contracts are grandfathered in effects how 
          the RPS program may affect ratepayers (including the state). 
          However, as the PUC does not approve contracts for ESPs, it is 
          unclear how many contracts, and the value of those contracts, 
          would be affected by this bill.

          Passage of this bill would require the PUC to make relatively 
          minor modifications to their existing rules regarding the RPS 
          program. The PUC estimates incurring the workload equivalent of 
          one administrative law judge for six months for a one-time cost 
          of approximately $80,000.