BILL ANALYSIS AB 1685 Page 1 Date of Hearing: May 21, 2003 ASSEMBLY COMMITTEE ON APPROPRIATIONS Darrell Steinberg, Chair AB 1685 (Leno) - As Amended: May 13, 2003 Policy Committee: UtilitiesVote:11-0 Natural Resouces 9-1 Urgency: No State Mandated Local Program: No Reimbursable: SUMMARY This bill establishes a statutory sunset date of January 1, 2008 on the Public Utilities Commission's (PUC's) Self Generation Incentive Program, which currently has an administrative sunset date of January 1, 2004. FISCAL EFFECT 1)Continues for three more years the annual $125 million in financial incentives provided by the utilities for the program. 2)Minor absorbable costs for the PUC to continue oversight of the program for three years. COMMENTS Background and Purpose . AB 970 (Ducheny)-Chapter 329, Statutes of 2000, required the PUC to initiate certain load control and distributed generation activities, including providing financial incentives. A March 2001 PUC decision authorized the Self-Generation Incentive Program, which provides a financial incentive to customers installing new, qualifying self-generation equipment to meet all or a portion of their electric energy needs. Through this program, the investor-owned utilities (IOUs) provide incentive funding to renewable and non-renewable self-generation units up to one megawatt. The IOUs administer the program throughout their respective service territories. In approving the program, the PUC administratively placed a 2004 sunset date in order to evaluate the program AB 1685 Page 2 results. This bill statutorily ensures that the program will continue through 2007. Analysis Prepared by : Chuck Nicol / APPR. / (916) 319-2081