The Electric Program Investment Charge Proposed 2015-2017 Triennial Investment Plan - Commission Final Report

Cover of report

Publication Number: CEC-500-2014-038-CMF
Report Date: April 2014



The Electric Program Investment Charge Proposed 2015-2017 Triennial Investment Plan
Commission Final Report. (PDF file, 232 pages, 1.7 megabytes).


Appendices
 


Abstract

The California Energy Commission staff has prepared this staff final proposed triennial investment plan (2015-2017) for the Electric Program Investment Charge Program in response to the California Public Utilities Commission Decision 12‐05‐037, as modified. This proposed plan is consistent with California Public Utilities Commission Decision 13-11-025. This continues implementation of the requirements established by Senate Bill 96 (Committee on Budget and Fiscal Review, Statutes of 2013). The California Public Utilities Commission Decision 12-05-037 established the Electric Program Investment Charge Program to fund electric public interest investments for the benefit of electricity ratepayers of Pacific Gas and Electric Company, Southern California Edison Company and San Diego Gas & Electric Company.

In Decision 12-05-037, the California Public Utilities Commission approved a total of $162 million annually beginning January 1, 2013, and continuing through December 31, 2020, unless otherwise ordered or adjusted in the future by the California Public Utilities Commission. The California Public Utilities Commission shall adjust the total collection amount on January 1, 2015, and January 1, 2018, commensurate with the average change in the Consumer Price Index, as specified. The California Energy Commission is administering 80 percent of the approved Electric Program Investment Charge funds.

Staff developed this second staff draft proposed Electric Program Investment Charge Investment Plan through an open and transparent process that involved public workshops and consultation with key stakeholder groups. Input from these stakeholders is reflected in the recommended funding initiatives.

The California Public Utilities Commission will conduct a formal proceeding, starting in May 2014, to consider this proposed plan with anticipated adoption in December 2014. The investor-owned utilities are developing their own investment plans to fund technology development and deployment initiatives. The California Energy Commission is working to coordinate its Electric Program Investment Charge Investment Plan with the plans of the investor-owned utilities.