Resolution E-4160

Resolution E-4160 partially implements SB 1036 which modifies part of the RPS program, specifically altering collection of a portion of the public goods charge that funds renewable energy

SB 1036 (Perata)

Effective January 1, 2008 Eliminates CEC responsibility of awarding

supplemental energy payments (SEPs) Requires transfer of unencumbered SEP

funds from CEC back to PG&E, SCE, SDGE, and BVES

Directs IOUs to allocate transferred funds in a manner that benefits all customer classes

Directs decrease of PGC funds collected

Resolution Partially Implements SB 1036 Directs IOUs to stop collecting the portion of Public Goods

Charge used for SEPs Directs IOUs to “return” SEP funds received from CEC to

ratepayers (PPP balancing accounts)

Directs BVES to establish an account to record unencumbered renewable funds transferred from the CEC back to BVES

PG&E $229,010,519

SCE $191,259,591

SDGE $41,198,658

BVES $213,016

Total $461,681,784

Issues Bifurcated from Draft Resolution E-4160

Workshop scheduled for May 7, 2008 Calculation of the “limitation on the total costs

expended above market prices” Methodology to calculate and track above-MPR

Funds (AMFs) requests and IOU status against their respective AMFs limit

Establishment of criteria for contracts to be eligible for AMFs

Establishment of reasonableness review standards for contracts with AMFs requests; non-AMF eligible contracts with above-MPR costs; and contracts after full allocation of AMFs

Administration of AMFs