CPUC APPROVES RENEWABLE ENERGY PLANS FOR STATE’S UTILITIES

(The following is a reformatted version of a press release
issued by The California Public Utilities Commission and
received via electronic mail. The release was confirmed by the
sender.) 
CPUC APPROVES RENEWABLE ENERGY PLANS FOR STATE’S UTILITIES 
SAN FRANCISCO, November 8, 2012 -- The California Public
Utilities Commission (CPUC) today approved the renewable energy
plans of the state’s utilities, paving the way for the utilities
to solicit bids for green energy procurement. 
California’s Renewables Portfolio Standard (RPS) is one of the
most ambitious renewable energy standards in the country. The
RPS program requires investor-owned utilities, electric service
providers, and community choice aggregators to increase
procurement from eligible renewable energy resources to 33
percent of total procurement by 2020. 
Today’s decision approves the renewable energy procurement plans
of Pacific Gas and Electric Company, Southern California Edison,
and San Diego Gas & Electric. The decision allows SCE to forego
holding a 2012 RPS solicitation and instead focus on procurement
from small distributed generation renewables. The utilities must
file final RPS procurement plans with the CPUC to initiate the
RPS solicitation process within 14 days. 
The decision includes modifications pertaining to standard
variables for the least-cost, best-fit bid evaluation
methodology; contract termination rights based on higher than
expected transmission upgrade costs; and the use of energy-only
and full deliverability Time of Delivery factors. 
Said Commissioner Mark J. Ferron, the lead Commissioner for this
proceeding, “Adopting these procurement plans and holding 2012
RPS solicitations is important for maintaining a robust
renewable energy market in California. I look forward to working
with all parties in the near future to make the RPS program more
transparent and streamlined by reforming the least-cost best-fit
methodology for all utilities and adopting procurement process
reforms.” 
Added Commissioner Timothy Alan Simon, “California’s RPS
policies must be inclusive of California’s dynamic and ever
evolving demographics to continue to lead our nation and the
world in clean technology. I am pleased this decision recognizes
the value of diversity in utility energy procurement.” 
The proposal voted on is available at
http://docs.cpuc.ca.gov/PublishedDocs/Published/G000/M033/K030/3
3030926.PDF. 
For more information on the CPUC, please visit www.cpuc.ca.gov. 
Media Contact:
Terrie Prosper,
415.703.1366,
news@cpuc.ca.gov 
(bjh) NY 
#<873920.660640.3.1.0.0.76>#