BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 29 X1
                                                                  Page  1

          Date of Hearing:   March 14, 2001

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                              Carole Migden, Chairwoman

                    AB 29 X1 (Kehoe) - As Amended:  March 5, 2001 

          Policy Committee:                              Energy Cost and  
          Availability Vote:                            14-0

          Urgency:     Yes                  State Mandated Local Program:  
          No     Reimbursable:              

           SUMMARY  

          This bill establishes four new energy conservation programs and  
          augments an existing program under the direction of the  
          California Energy Commission.  Specifically, this bill: 

           1)Appliance Grants  .  Directs the CEC to establish a grant  
            program for low-income persons and low-income housing  
            authorities and corporations to replace energy inefficient  
            appliances with models meeting federal efficiency standards.

           2)Retrofit Grants and Loans  .  Directs the CEC to establish a  
            grant and low-interest loan program for low-income persons and  
            residential property owners and small businesses to retrofit  
            existing buildings with energy-saving improvements.

           3)Small Business Refrigeration Loans  .  Directs the CEC to  
            establish a low-interest loan program for small businesses to  
            install energy-efficient refrigeration equipment.

           4)Renewable Technologies  .  Augments an existing CEC program that  
            "buys down" or pays a percentage of the cost of consumer-based  
            renewable resource electricity generation systems.

           5)Interval Meters for Small Business  .  Directs the CEC to  
            establish a program to reimburse qualified small businesses  
            for up to $800 of the cost of installing an interval meter (a  
            device that measures electricity usage in real time), if the  
            business reduces its electricity usage by not less than 10%  
            for the year following the date of installation. 

           FISCAL EFFECT  








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          The bill appropriates $450 million from the General Fund, as  
          follows (dollars in millions):

               Appliance Grants              $200
               Retrofit Grants and Loans  100
               Small Business Refrigeration Loans    75 
               Renewable Technologies    50 
               Interval Meters for Small Business     25  
                         Total               $450
               
           


          COMMENTS  

           1)Potential Summer 2001 Energy Savings  .  In evaluating the  
            various energy conservation measures introduced in the special  
            session, a key consideration is whether the proposal offers  
            the potential for demand reduction in the summer of 2001, when  
            the prospect for shortages and blackouts is greatest  
            (particularly in the first part of the summer).  In general,  
            proposals to augment existing conservation programs offer a  
            greater likelihood of immediate relief than proposals to  
            establish new programs.  The CEC indicates that it would not  
            be able to implement the four new programs authorized by this  
            bill before the end of this fiscal year, and possibly not in  
            time to generate energy savings in the summer of 2001.   The  
            augmentation to the existing renewable resources program in  
            this bill, however, could produce savings this summer -  
            although the CEC prefers the alternative approach incorporated  
            into AB 37X (Frommer) (see discussion below).

           2)Appliance Grants  .  This bill appropriates $200 million to  
            establish a appliance grant program to help eligible  
            low-income persons (and housing authorities and corporations)  
            offset part of the costs of purchasing energy-efficient air  
            conditioners, heat pumps, refrigerators, freezers and washing  
            machines.  This program would supplement several existing  
            appliance grant programs presently operated by the Investor  
            Owned Utilities (IOUs) and the Municipal Utility Districts,  
            which are not limited to low-income consumers.  A recent CEC  
            study recommended that the CEC take over the IOU programs to  
            avoid the conflict-of-interest inherent in an IOU  
            administering a conservation program that reduces its revenues  








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            and profits.  This finding was supported by several consumer  
            groups.   The CEC cautions, however, that the specific rebated  
            amounts per appliance type specified in AB 29X would impair  
            its ability to design a cost-effective program.  The CEC would  
            prefer the flexibility to establish grant amounts that could  
            be tiered to account for the availability of grants and  
            rebates in different service areas and the consumers' income.

            A disadvantage of establishing a new program administrative  
            start-up time.  An alternative approach would be to augment  
            existing IOU appliance grant programs.  The Legislature may  
            wish to consider some combination of these two approaches. 

           3)Retrofit Grants and Loans  .  The bill appropriates $100 million  
            to establish a grant and low-interest loan program for energy  
            retrofits including, but not limited to, energy-efficient  
            siding, insulation and double-paned windows.  Eligible  
            projects are limited to alterations, repairs and additions to  
            a home or building in existence on the effective date of the  
            act.  

          The committee may wish to consider whether additions should be  
            eligible for grants and loans, given that additions already  
            are required to comply with CEC building standards under  
            current law.

           4)Renewable Resources  .  This bill augments by $50 million an  
            existing CEC program that provides rebates and other financial  
            incentives to consumers to install renewable resource  
            electricity generation systems of 10 kilowatts or less.  At  
            least one-half of this amount would be allocated by the CEC  
            for photovoltaic technologies; the remainder would be  
            allocated for solar thermal electric, fuel cell technologies  
            that utilize renewable fuels, and wind turbines.  The CEC may  
            provide grants of up to 30% of the cost of a system.  Most  
            grant recipients are private residences, and the average grant  
            is approximately $6,000.

            The CEC indicates that it presently has about $40 million  
            available for this program in the Emerging Renewable Resources  
            Account within the Renewable Resources Trust Fund (which is  
            continuously appropriated for this purpose).  However, the CEC  
            has received an increase in grant applications in recent  
            months, and indicates the program would be able to spend  
            additional resources in the summer months.  








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            The CEC prefers the augmentation approach included in AB 37X  
            (Frommer), which also would augment the program by $50  
            million, but would allow the CEC to provide grants in excess  
            of 30% of the cost of renewable resource generation system, at  
            its discretion.

           5)Interval Meters  .  The bill appropriates $25 million to  
            reimburse small businesses for up to $800 of the cost of  
            installing interval meters, which measure electricity usage in  
            real time.  The CEC indicates, however, that the meters would  
            not give small businesses the incentive to conserve energy in  
            the absence of a peak load pricing schedule, which provides  
            the user with a financial incentive to shift load off peak.   
            Presently, peak load pricing is available only to large users,  
            in excess of 500 kilowatts, in the IOU and MUD service areas.   
            Moreover, the CEC indicates that the best target for achieving  
            additional conservation through peak load pricing would be  
            users in the 200 to 500 kilowatt range, regardless of whether  
            such users are small businesses.  Many small businesses either  
            do not use significant amounts of electricity or have limited  
            ability to shift their loads to nonpeak times.

            In order to achieve a significant load reduction in the summer  
            of 2001, the Legislature may wish to direct the Public  
            Utilities Commission (PUC) to extend peak load pricing to the  
            targeted group of users, in conjunction with providing funds  
            for interval meters.  The CEC states the cost of purchasing  
            meters for users in the 200 to 500 kilowatt range would be  
            about $40 million, and that it would be administratively  
            simpler to provide grants rather than reimbursements.


           Analysis Prepared by  :    Stephen Shea / APPR. / (916) 319-2081