BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 29 X1
                                                                  Page  1

           (Without Reference to File)
           
          ASSEMBLY THIRD READING
          AB 29 X1 (Kehoe)
          As Amended March 22, 2001
          2/3 vote.  Urgency 

           REVENUE & TAXATION  7-0         ENERGY              14-0        
           
           ----------------------------------------------------------------- 
          |Ayes:|Corbett, Harman, Aroner,  |Ayes:|Wright, Pescetti,         |
          |     |Cedillo, Koretz, Thomson, |     |Canciamilla, Dutra,       |
          |     |Wyland                    |     |Florez, Jackson, Keeley,  |
          |     |                          |     |Migden, Oropeza, Reyes,   |
          |     |                          |     |Steinberg, Vargas,        |
          |     |                          |     |Wesson, Zettel            |
           ----------------------------------------------------------------- 
           APPROPRIATIONS      16-4                                        
           
           -------------------------------- 
          |Ayes:|Migden, Alquist, Aroner,  |
          |     |Cedillo, Keeley, Correa,  |
          |     |Goldberg, Maldonado,      |
          |     |Robert Pacheco, Papan,    |
          |     |Shelley, Simitian, Reyes, |
          |     |Wesson, Wiggins, Zettel   |
          |     |                          |
          |-----+--------------------------|
          |Nays:|Bates, Ashburn, Daucher,  |
          |     |Runner                    |
          |     |                          |
           -------------------------------- 
           SUMMARY  :  Establishes new energy conservation programs and  
          augments an existing program under the direction of the  
          California Energy Commission (CEC), and provides a $200 million  
          appropriation for these purposes.  Specifically,  the bill  : 

          1)Requires CEC to:

             a)   Pay the costs of installation of an interval meter to a  
               small business that voluntarily reduces electricity  
               consumption by not less than 10% for one year following the  
               date of installation of the meter;

             b)   Administer a grant program for replacement of energy  








                                                                  AB 29 X1
                                                                  Page  2

               inefficient appliances;

             c)   Administer a grant and loan program for eligible  
               construction retrofits, as prescribed; and,  

             d)   Administer a small business energy efficient  
               refrigeration loan program.

          1)Authorizes CEC to adopt emergency regulations.

           EXISTING LAW  requires CEC to perform specified duties relating  
          to the conservation and development of energy resources under  
          the Warren-Alquist State Energy Resources Conservation and  
          Development Act.

           FISCAL EFFECT  :  Appropriates $200 million from the General Fund  
          to CEC.


           COMMENTS  :  The Business Conservation Incentive Plan outlined in  
          this bill, includes a component to compel CEC to reimburse small  
          businesses for the cost of installation, up to $800 of an  
          interval meter, up to a cap of $25 million.  Cost recovery is  
          contingent upon the customer voluntarily reducing electricity  
          usage by 10% for one year following the date of installation of  
          the meter, subject to verification by CEC.  Interval meters  
          allow businesses to determine how much electricity they are  
          consuming, at fifteen-minute intervals.  Currently large retail  
          businesses, such as Target Stores, and Federated Department  
          Stores, have installed interval meters in their retail outlets,  
          with no compensation incentives directing them to do so.  The  
          meters allow the businesses to control consumption.  SB 5 X1  
          (Keeley), pending in the Senate, also contains provisions  
          relating to funding of interval meters in its $70 million total  
          allocation for demand responsive programs. 

          Interval meters are both a demand control measure which benefits  
          overall electricity supply [estimated 40 megawatts (MW)  
          reduction in total], and a cost control measure for businesses,  
          large and small, to reduce costs by reducing consumption.   
          Especially where there is a prospect of tiered rate structuring,  
          interval meters allow electricity customers to identify their  
          usage during peak periods and to quantify their usage with  
          regard to baseline levels.  This bill directs CEC to establish a  
          low-interest loan program for small businesses to install energy  








                                                                  AB 29 X1
                                                                  Page  3

          efficient refrigerator equipment.  

          This bill also proposes opening a $50 million grant program  
          administered by CEC to cover 50% of the cost of purchase (up to  
          specified limits) of an energy efficient appliance (i.e., room  
          air conditioners, central air conditioners, refrigerators) for  
          qualified low-income persons.  Under this bill, CEC would be  
          required to work in cooperation with state agencies and  
          community-based organizations to open exchange centers.  Staff  
          at the exchange centers are to assist in the pick up of old  
          appliances and certify to CEC that the energy inefficient model  
          was or will be destroyed in an environmentally sounds manner.

          This bill also directs 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-savings improvements.

           
            Analysis Prepared by  :    Kelly Boyd / E. C. & A. / (916)  
          319-2083 


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