BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 2499
                                                                  Page  1

          Date of Hearing:   April 28, 2004

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                   Judy Chu, Chair

                AB 2499 (Jerome Horton) - As Amended:  April 12, 2004 

          Policy Committee:                              Utilities and  
          Commerce     Vote:                            12-0

          Urgency:     No                   State Mandated Local Program:  
          Yes    Reimbursable:              No

           SUMMARY  

          This bill requires new publicly owned electric utilities  
          (POEUs), prior to providing electrical service, to meet the same  
          energy resource adequacy requirements as investor-owned  
          utilities.  Specifically, this bill:

          1)Requires that a POEU established after January 1, 2001, shall  
            obtain approval of a long term energy resource plan from the  
            California Energy Commission (CEC) before providing service to  
            any additional customers after July 1, 2005. The POEU must  
            also file a resource plan update with the CEC at least every  
            three years.

          2)Requires CEC to adopt requirements that a new POEU must meet  
            in its long-term resource plan. 

          3)Requires the Public Utilities Commission (PUC) to take action  
            to prevent the subsidization, by customers of an  
            investor-owned utility (IOU), of the customers of a new POEU.

           FISCAL EFFECT  

          1)One-time special fund cost of $300,000 to the CEC to conduct a  
            rulemaking related to requirements for an energy resource plan  
            from new POEU.  [Energy Resources Programs Account]

          2)Ongoing special fund costs of up to $100,000 for the CEC to  
            review and approve submitted resource plans and plan updates.

          3)Absorbable costs to the PUC.









                                                                  AB 2499
                                                                  Page  2

           COMMENTS  

           Background and Purpose  . AB 57 (Wright)-Chapter 835/Statutes of  
          2002, established guidelines for the procurement of electricity  
          by utilities after January 1, 2003. In a January 2004 decision  
          implementing the AB 57 procurement process, the PUC determined  
          that IOUs, energy service providers, and community aggregators  
          must have adequate energy resources to meet their forecasted  
          peak loads plus a 15 to 17 percent reserve margin by 2008. This  
          order applies to almost all retail electric service providers  
          other than POEUs, which represent about 25 percent of the  
          state's retail electrical load.

          Because the California electricity distribution grid is a  
          statewide integrated system, however, when there are  
          insufficient resources to meet total demand, the entire grid can  
          become unstable. Since POEUs generally rely on the same  
          distribution grid as other retail providers, any failure of a  
          POEU to meet customer demand could cause instability across the  
          entire grid. 

          While not attempting to place the same procurement requirements  
          on existing POEUs, AB 2499 would place those requirements on  
          newly-formed POEUs.  Since the energy crisis of 2001, a number  
          of local governments have recently proposed forming municipal  
          utilities in hopes of providing their residents and businesses  
          with lower electrical rates. The author is concerned that since  
          these new municipal utilities do not have experience in  
          procuring power and have little or no ability to produce their  
          own electricity, they will not be able to meet their own  
          resource adequacy needs.

           Analysis Prepared by  :    Chuck Nicol / APPR. / (916) 319-2081