Electric Program Investment Charge Proposed 2012 Through 2014 Triennial Investment Plan - Commission Report

Publication Number: CEC-500-2012-082-CMF
Publication Date: November 1, 2012

 


Abstract

The California Energy Commission has prepared this triennial investment plan (2012 – 2014) for the Electric Program Investment Charge Program in response to the California Public Utilities Commission's May 31, 2012, Phase 2 Decision 1205037. This decision established the Electric Program Investment Charge Program to fund electric public interest investments in applied research and development, technology demonstration and deployment, and market facilitation for clean energy technologies.

The California Public Utilities Commission approved a total of $162 million annually for the program for the four administrators – the Energy Commission, Pacific Gas and Electric Company, Southern California Edison Company, and San Diego Gas & Electric Company. The Energy Commission is administering 80 percent of the approved Electric Program Investment Charge funds, or $127.8 million per year, which will be collected beginning on January 1, 2013. Pacific Gas and Electric Company, Southern California Edison Company, and San Diego Gas & Electric Company are administering 20 percent of the funds, or $33.3 million. The remaining $0.8 million will be allocated to the California Public Utilities Commission for program oversight.

This first Electric Program Investment Charge investment plan was developed through an open and transparent process that involved public workshops and consultation with key stakeholder groups. Public input from this process is reflected in the recommended funding initiatives discussed in detail in Chapters 3, 4, and 5.

The California Public Utilities Commission will conduct a formal proceeding beginning in November 2012 to consider this plan, with anticipated adoption in May 2013. Pacific Gas and Electric Company, Southern California Edison Company, and San Diego Gas & Electric Company are developing their own investment plans to fund technology development and deployment initiatives, and the Energy Commission will coordinate with that effort.



Keywords: California Energy Commission, Electricity Program Investment Charge, applied research and development, technology demonstration and deployment, market facilitation, clean energy technologies, renewable energy, guiding principles, electricity value chain, energy innovation pipeline, energy efficiency, smart grid, clean generation