Summary of Davis/Alpert bill AB 260

Retro-active to June 1, 2000 through December 31, 2002, 6.5 cent/kWh cap on 
the energy component for residential and small commercial customers (under 
100 kW).  The Commission has the ability to extend through 2003.  The 
Commission also has the ability to adjust the cap.

Commission can use revenues from utility-owned assets, refunds from FERC to 
offset the undercollections.  (In addition, a companion bill was passed that 
provides $150 million of general fund money to offset undercollections.)

Large commercial/industrial/agricultural customers have an opportunity to 
"opt-in" to the 6.5 cent/kWh cap with an annual true-up.

SDG&E will under a prudence review by the CPUC, which may be another source 
of funds to offset the undercollection.

Specific classes subject to cap:

  Schedule A, all acute care hospitals, all public and private k-12 schools, 
all accounts on AL-TOU under 100 kW.

Attached a link to the bill
http://www.leginfo.ca.gov/pub/bill/asm/ab_0251-0300/ab_265_bill_20000830_enrol
led.pdf


Summary of the rate payer relief bill AB 1156 which would 
Transfer of $150,000,000 from the general fund  to a subaccount within the 
Special Fund for Economic Uncertainties.  
Appropriate those funds from the subaccount, to the commission, to reduce the 
adverse impact of high-cost wholesale energy purchases on certain ratepayers 
if a specified rate ceiling is in effect, and if the commission determines 
that a specified revenue shortfall would result in a ratepayer surcharge 
greater than 10%, and the electricity rates were directly linked to Power 
Exchange costs.  
Declare that, on January 1, 2004, any remaining balance in the account would 
revert to the General Fund.
Become operative only if AB 265 is enacted, as specified.
 Take effect immediately as an urgency statute.  
Attached a link to the bill
http://www.leginfo.ca.gov/pub/bill/asm/ab_1151-1200/ab_1156_bill_20000830_enro
lled.pdf


AB 970 Siting Bill.

AB 970 passed last night. The final version has not been published yet. The 
final version should only have an additional amendment relating to a Calpine 
facility in San Jose for which expeditious treatment has not been granted. We 
will produce a summary once the enrolled version is available, which should 
be today or Tuesday at the latest. Bellow is the previous amended version of 
the Sitting Bill.

Attached a link to bill as amended on 8/7/00

http://www.leginfo.ca.gov/pub/bill/asm/ab_0951-1000/ab_970_bill_20000807_amend
ed_sen.pdf.pdf