BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                          Senator Christine Kehoe, Chairman

          �                                 x1 2 (Simitian)
          �
          Hearing Date:  �02/23/2011           Amended: As Introduced�
          Consultant: �McCarthy, Brendan   Policy Vote: EU&C 8-2�
          _________________________________________________________________�
          ____
          BILL SUMMARY:� SBx1 2 requires all retail electricity suppliers �
          in the state (including publicly owned utilities) to procure 33 �
          percent of their total electricity supplies from renewable �
          energy sources by 2020. The bill specifies a "loading order" of �
          renewable energy supplies, based on where the energy supplies �
          are generated. The bill requires the Department of Fish and Game �
          to create a division for the planning and permitting needed for �
          renewable energy projects.
          _________________________________________________________________�
          ____
                            Fiscal Impact (in thousands)

           Major Provisions         2011-12     2012-13       2013-14     Fund
          �  
          Public Utilities Commission       $1,500      $2,500    �
          $2,500Special *
             oversight

          Energy Commission      $1,450     $1,350      $1,350    General �
          **
             oversight

          Air Resources Board    Up to $300 per year              Special �
          ***
             enforcement

          Department of Fish and Between $300 and $650 per year   General �
          /
             Game planning and                                    Special �
          ****
             permitting

          State agency energy costs         Between $23,000 and $42,000 by �
          2020                   Various

          Public Utility implementation     Unknown, not reimbursableLocal
             costs







          SBx1 2 (Simitian), Page 1



          * Public Utilities Commission Utilities Reimbursement Account.
          ** Energy Resources Program Account.
          *** Air Pollution Control Fund.
          **** Fish and Game Preservation Fund.
          _________________________________________________________________�
          ____

          STAFF COMMENTS: This bill meets the criteria for referral to the �
          Suspense File. 
          �
          Background. �Under current law (SB 1078, Sher, 2002 and SB 107 �
          Simitian, 2006), investor owned utilities and energy service �
          providers are required to procure 20 percent of their �
          electricity supplies from renewable energy sources by 2010. �
          (Commonly referred to as the "Renewables Portfolio Standard".) �
          Provisions of existing law allow investor owned utilities to �
          extend compliance until 2013, provided certain conditions are �
          met. Existing law also requires publicly owned utilities to �
          adopt their own Renewables Portfolio Standard.

          When final information from 2010 becomes available in March, it �
          is expected that the investor owned utilities collectively will �
          have 18 percent of their electricity supplies coming from �
          renewable energy sources, with 20 percent of supplies to come �
          online sometime in 2011 or 2012.

          The state's publicly owned utilities (which collectively serve �
          about 25 percent of the state's electricity market) vary �
          considerably in their procurement of renewable energy. The Los �
          Angeles Department of Water and Power receives 14 percent from �
          renewable sources, the Sacramento Municipal Utility district �
          receives 21 percent, members of the Northern California Power �
          Authority collectively receive 20 percent, and members of the �
          Southern California Power authority receive between 2 percent �
          and 20 percent from renewable sources.

          In May of 2010, Governor Schwarzenegger issued an executive �
          order to the Air Resources Board directing it to adopt a 33 �
          percent renewable energy standard under authority granted to the �
          Air Resources Board by AB 32 (Nunez, 2006). The Air Resources �
          Board has developed the regulation, but has not yet formally �
          adopted it. Staff notes that Legislative Counsel has opined that �
          the Air Resources Board would exceed its existing statutory �
          authority if it implements a renewable energy standard that goes �
          beyond the statutorily required 20 percent Renewables Portfolio �







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          Standard.

          SBx1 2 Provisions. �This bill increases the state's Renewables �
          Portfolio Standard requirement to 33 percent of electricity �
          supply by 2020 and broadens the Renewables Portfolio Standard �
          mandate to include publicly owned utilities. To that end, the �
          bill requires all electricity suppliers to provide an average of �
          20 percent renewable energy for the period between January 1, �
          2011 through December 31, 2013; 25 percent by December 31, 2016; �
          and 33 percent by December 31, 2020.

          Under the bill, all existing renewable energy contracts signed �
          by June 1, 2010 would be "grandfathered" into the program. Going �
          forward, new renewable energy contracts must meet a "loading �
          order" that categorizes renewable resources. 
                 The first category is renewable electricity that is �
               delivered directly to California "balancing authorities" �
               (entities such as the Independent System Operator that �
               manage electricity transmission systems) or that can be �
               dynamically transferred to a California balancing authority �
               on an hourly basis. Electricity from this category must be �
               at least 50 percent of an electricity provider's total �
               renewable energy supplies through 2013, rising to 65 �
               percent by December 31, 2016, and 75 percent by 2010 and �
               thereafter. 
                 The second category of renewable electricity is �
               unbundled renewable energy credits that have been separated �
               from the actual electricity generated from the renewable �
               energy source. Electricity from this category can be no �
               more than 25 percent of an electricity provider's total �
               renewable energy supplies through 2013, declining to 15 �
               percent by December 31, 2016, and 10 percent by 2020 and �
               thereafter.
                 The third category is renewable electricity that is not �
               delivered directly to a California balancing authority in �
               real time, but does provide electricity to the state. This �
               category would make up any remaining renewable energy �
               sources for the electricity supplier.

          The bill authorizes investor owned utilities to construct, �
          operate, and own electricity generation facilities up to 8.25 �
          percent of a utility's retail sales projected for 2020.
          
          Public Utilities Commission Costs. �The bill requires the Public �
          Utilities Commission to adopt a process for the selection of �
          Renewables Portfolio Standard projects, based on cost and other �







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          factors. The Public Utilities Commission is also required to �
          develop a "cost cap" to ensure that the Renewable Portfolio �
          Standard does not impose disproportionate impacts on electricity �
          ratepayers. If the cost of new renewables exceeds the cost cap, �
          an investor owned utility may defer additional procurement of �
          renewable energy resources. Publicly owned utilities are �
          authorized to set their own cost cap consistent with the cost �
          cap determined by the Public Utilities Commission. The bill also �
          allows electricity providers to bank excess renewable generation �
          between compliance periods for future years, under certain �
          circumstances.

          The bill authorizes the Public Utilities Commission to impose �
          penalties on investor owned utilities or energy service �
          providers for failure to meet the bill's requirements

          The bill requires the Public Utilities Commission to issue a �
          decision on applications for new electricity transmission �
          projects within 18 months.

          Staff estimates the cost to the Public Utilities Commission to �
          oversee investor owned utility compliance with the 33 percent �
          Renewable Portfolio Standard and expedite approval of proposed �
          electricity transmission projects to be about $2.5 million per �
          year.
          
          �The bill appropriates $322,000 from the Public Utilities �
          Commission Utilities Reimbursement Account to the Public �
          Utilities Commission for the review of proposed electricity �
          transmission infrastructure needed to meet the 33 percent �
          Renewables Portfolio Standard.

          Energy Commission Costs. �The bill requires the Energy Commission �
          to monitor compliance by publicly owned utilities and refer �
          non-compliant publicly owned utilities to the Air Resources �
          Board, which is authorized to impose penalties for �
          non-compliance. Fines imposed by the Air Resources Board would �
          be available, upon appropriation of the Legislature, for �
          projects to reduce air pollution emissions in the region of the �
          violation.

          The bill directs the Energy Commission to study whether certain �
          hydroelectric facilities in British Columbia should be eligible �
          for inclusion in the Renewables Energy Portfolio.

          The Energy Commission indicates that it will cost about $1.4 �







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          million per year to oversee compliance by publicly owned �
          utilities.

          The Energy Resources Program Account is primarily supported by a �
          surcharge on electricity use in the state. Due to the economic �
          recession, energy use in the state has declined, reducing �
          revenues into the Account. In the fall of 2010, the Energy �
          Commission raised the surcharge to near its statutory maximum. �
          Based on the increased surcharge, the Account has a projected �
          fund balance of about $10 million at the end of the 2011-12 �
          budget year. However, the Energy Commission also projects �
          expenditures to be larger than revenues in 2011-12 and �
          thereafter. 

          SBx1 1(Steinberg) includes legislative intent to appropriate $8 �
          million per year for five years from the Energy Resources �
          Program Account. If both this bill and SBx1 1 are enacted, the �
          administration will likely have to reduce other program �
          expenditures by the Energy Commission by up to $8 million per �
          year to keep the Energy Resources Program Account in balance. �
          (As the state's economy recovers, revenues into the Account �
          should recover, ultimately mitigating the need for program �
          reductions.)

          Air Resources Board Costs. �Staff estimates that the Air �
          Resources Board will incur costs up to $300,000 per year, �
          depending on the number of violations referred to the Board from �
          the Energy Commission.

          Department of Fish and Game Costs. �The bill requires the �
          Department of Fish and Game to create an internal division for �
          comprehensive planning and permitting for renewable energy �
          projects. (Many proposed and potential renewable energy projects �
          will need permits from the Department of Fish and Game, �
          specifically Endangered Species Act permits.) The bill requires �
          the Department of Fish and Game to ensure the timely completion �
          of plans under the Natural Communities Conservation Planning Act �
          (a tool used to plan for habitat and protected species �
          conservation, which provides regulatory assurances under the �
          Endangered Species Act).

          Staff estimates the Department of Fish and Game will incur �
          expenses between $300,000 and $650,000 per year to conduct �
          planning and permitting related to additional development of �
          renewable resources. These activities would likely be funded �
          from the Fish and Game Preservation Fund or the General Fund.







          SBx1 2 (Simitian), Page 5


          
          State Mandate. �The bill imposes a state mandate on publicly �
          owned utilities, which are local government agencies. However, �
          because publicly owned utilities are able to pass any �
          implementation costs along to their customers, the bill does not �
          impose a reimbursable state mandate.

          Energy Costs for State Agencies. �In addition to direct costs to �
          state agencies, the bill imposes indirect costs on state �
          agencies through higher electricity bills. Both the Public �
          Utilities Commission and the Air Resources Board have conducted �
          studies on the ratepayer impacts of various 33 percent �
          Renewables Portfolio Standard scenarios. According to those �
          studies, in 2020, average retail electricity rates (in current �
          dollars) are projected to be between $0.006 and $0.011 per �
          kilowatt-hour higher than they otherwise would be under current �
          law (including the existing 20 percent Renewables Portfolio �
          Standard). Based on current electricity use by state agencies, �
          the state would face projected electricity costs in 2020 that �
          would likely be between $23 million and $42 million higher than �
          they would be under current law.

          Deadlines in the Bill. �Staff notes that some of the timelines �
          included by the bill will be difficult for state agencies to �
          achieve. For example, the bill requires the Energy Commission to �
          conduct a study on certain hydroelectric facilities in British �
          Columbia by June 30, 2011. Also, the bill requires the Energy �
          Commission to adopt regulations implementing the bill's mandates �
          on publicly owned utilities by July 1, 2011. Similarly, the bill �
          requires the Public Utilities Commission to determine the amount �
          of renewable energy every retail electricity supplier will need �
          to procure to meet the bill's renewable energy mandate by �
          January 1, 2012. 
          
          Staff recommends� these timelines be delayed to more accurately �
          reflect the time it will take to accomplish these tasks.
          

          Prior Legislation. �SB 722 (2010, Simitian) was substantively �
          similar to this bill. SB 722 died on the Senate Floor. 

          SB 14 (2009, Simitian) also imposed a 33 percent Renewables �
          Portfolio Standard. Some details regarding what types of �
          renewable energy sources would have counted under SB 14 differ �
          from this bill. Governor Schwarzenegger vetoed SB 14, citing �
          constraints on including out-of-state renewable energy sources �







          SBx1 2 (Simitian), Page 6


          under that bill.