BILL ANALYSIS                                                                                                                                                                                                    



                                                                       


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                                 THIRD READING


          Bill No:  SB 1519
          Author:   Bowen (D)
          Amended:  4/18/02
          Vote:     21

           
           SENATE ENERGY, U.&C. COMMITTEE  :  8-0, 4/23/02
          AYES:  Bowen, Alarcon, Battin, Murray, Sher, Speier,  
            Vasconcellos, Vincent

           SENATE APPROPRIATIONS COMMITTEE  :  7-0, 5/13/02
          AYES:  Alpert, Battin, Bowen, Johannessen, Karnette,  
            Murray, Perata


           SUBJECT  :    State Department of Water Resources:  power

           SOURCE  :     Author


           DIGEST  :    This bill requires the Public Utilities  
          Commission (PUC) to establish a mechanism by which  
          customers of an electrical corporation for whom direct  
          access has been suspended, to purchase renewable power.   
          The mechanism must include a provision for the customer to  
          reimburse the State Department of Water Resources for  
          specified costs related to the department's power  
          purchasing program, as specified. 

           ANALYSIS  :    Existing law (AB 1X, Keeley, Chapter 4,  
          Statutes of 2001) requires the California Public Utilities  
          Commission (PUC) to suspend the right of retail customers  
          of investor-owned utilities (IOUs) to acquire electric  
          power service from non-IOU providers (direct access) until  
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          the State Department of Water Resources (DWR) no longer  
          supplies power to IOU customers.  Pursuant to AB 1X, the  
          PUC has suspended direct access as of September 20, 2001.
           
           This bill requires the PUC to establish a mechanism to  
          allow electrical corporation customers to purchase  
          renewable power.
           
           This bill allows, notwithstanding the suspension of direct  
          access, IOU customers to obtain renewable power service  
          from alternate power providers, subject to payment of any  
          outstanding obligations incurred by DWR to serve the  
          departing customer.  This provision is contingent on the  
          PUC's resolution of the cost obligations of existing direct  
          access customers.
           
           This bill authorizes DWR or the CPUC to assess a "re-entry  
          fee" on non-residential customers returning to IOU service  
          from direct access if the customer's return would otherwise  
          impose costs on other IOU customers, or the State.  This  
          bill requires the customer's provider to pay any such fee  
          if the customer is involuntarily returned to IOU service.

          Existing law requires non-IOU electric service providers  
          (ESPs) to register
          with the PUC, but only if they serve residential and small  
          commercial customers.

          This bill requires all ESPs to register with the CPUC.

           Background  

          In 1996, the Legislature passed AB 1890 (Brulte), Chapter  
          856, Statutes of 1996, to restructure the electric  
          industry.  One of the key features of electrical  
          restructuring was the authorization of retail competition  
          within IOU service areas.  AB 1890 ended the service  
          monopoly of utilities and authorized retail customers to  
          purchase energy directly from suppliers.  These  
          transactions are known as "direct access."

          AB 1X, as part of the structure to authorize DWR to  
          purchase electricity for utility customers, authorized the  
          PUC to prohibit additional direct access.  AB 1X permits  







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          the issuance of ratepayer-backed revenue bonds to finance  
          DWR purchasing costs.  To ensure the predictable revenue  
          stream necessary for the issuance of bonds and prevent  
          cost-shifting from direct access to bundled service  
          customers, the PUC was authorized to prevent additional  
          migration of IOU customers by suspending direct access.
           
          Pursuant to AB 1X, the PUC issued a proposed decision  
          establishing July 1, 2001, as the date of suspension of  
          direct access.  After postponing its initial proposed  
          decision, on September 20, 2001, the PUC issued an order  
          establishing September 20, 2001, as the suspension date and  
          reserving the right to establish July 1, 2001, as the  
          suspension date pending further investigation.

          Between January and June 2001, the vast majority of  
          customers previously served by direct access providers  
          returned to IOU service, benefiting from retail rates which  
          were lower and more stable than market prices.  Between  
          July 1, 2001, and September 20, 2001, thousands of  
          predominantly large industrial customers of investor-owned  
          utilities, who had taken service from the State at  
          below-market rates, departed for direct access as market  
          conditions improved.  During the July 1 to September 20  
          period, direct access increased from approximately two  
          percent to approximately 13 percent of the total IOU load.   


          On January 25, 2002, following its investigation, a PUC  
          administrative law judge proposed to establish July 1 as  
          the suspension date to, among other things, prevent the  
          cost shifting created by a later suspension date.  On March  
          22, 2002, the PUC instead adopted an alternate decision  
          confirming September 20 as the suspension date and  
          contemplating future PUC action to impose "exit fees" to  
          recover the costs owed by direct access customers.

          This bill requires the PUC to establish a mechanism to  
          allow IOU customers to choose to purchase renewable power,  
          including the option of requiring IOUs to offer renewable  
          power service, or allowing customers to leave IOU service  
          to purchase renewable power via direct access.  This bill  
          mitigates cost-shifting to remaining IOU customers by  
          requiring departing customers to pay DWR for any  







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          uncollected costs associated with serving them.

           Related Legislation  

          SB 27xx (Bowen) of 2001 would have allowed customers of  
          electrical corporations, also being served by DWR, to  
          obtain renewable power from an alternate provider.  It died  
          in the Assembly when special session ended.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  Yes

          PURA revenues are derived from an annual fee imposed on  
          electrical, gas, telephone, and water corporations and  
          every other public utility providing service directly to  
          customers.  Therefore, any increased costs to the PUC  
          should be offset by fee revenues.

          DWR's costs related to the publication should be recovered  
          through its revenue requirement.  DWR's stranded costs, if  
          any, resulting from customers obtaining renewable energy  
          from alternate providers, rather than DWR, are intended to  
          be recovered by the PUC mechanism, rather than being  
          shifted to remaining ratepayers.

           SUPPORT  :   (Verified  5/14/02)

          Clean Power Campaign
          Independent Energy Producers Association
          Sierra Club California

           OPPOSITION  :    (Verified  5/14/02)

          Coalition of California Utility Employees


          NC:kb  5/15/02   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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