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2006 Renewable Energy Investment Plan
ANNOUNCEMENTS

To be Announced.

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Docket # 00-REN-1194


Committee Overseeing this Proceeding:

John L. Geesman
Commissioner and Presiding Member
Renewables Committee

Jackalyne Pfannenstiel
Commissioner and Associate Member
Renewables Committee




Senate Bill 1194 (SB 1194, Statutes of 2000, Chapter 1050, Sher) and Assembly Bill 995 (AB 995, Statutes of 2000, Chapter 1051, Wright) created the Reliable Electric Service Investments Act (RESIA), which directed Pacific Gas and Electric Company, Southern California Edison Company, and San Diego Gas & Electric to continue collecting $135 million per year to support renewable power, beginning January 1, 2002, through January 1, 2012. The amount is adjusted for the lessor of sales growth or inflation.

RESIA required the California Energy Commission to recommend to the Legislature an allocation of funds among the different elements of the Energy Commission's Renewable Energy Program for money collected between January 1, 2002, and January 1, 2007.

The recommendations were provided in a report titled Investing in Renewable Electricity Generation in California - Report to the Governor and Legislature, Energy Commission publication # 500-00-022, June 2001. (PDF file, 81 pages, 704 kilobytes) and incorporated into SB 1038 (Sher Chapter 515, Statutes of 2002).

RESIA further requires the Energy Commission to prepare a subsequent investment plan to allocate funds collected between January 1, 2007, and January 1, 2012. The 2006 Renewable Energy Investment Plan will address this requirement.


For more information, please contact:

Pam Doughman, Ph.D.
Renewable Energy Program
California Energy Commission
Phone: (916) 654-4071
E-mail: pdoughma@energy.state.ca.us

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