BILL NUMBER: AB 2593
VETOED DATE: 09/15/2004
To the Members of the California State Assembly:
I am returning Assembly Bill 2593 without my signature.
This bill is not necessary. The Public Utilities Commission (PUC)
has been successfully administering the Self-Generation Incentive
Program, offering financial incentives to utility customers that
install new equipment to meet all or a portion of their facilities
electric energy needs. The PUC through Public Utilities Code Section
379.5, 379.6 and 701 grants authority to adjust that program.
Therefore, this bill duplicates the PUCs existing authority.
The PUC already has the authority to rescind their collection of
funds for the SGIP. Southern California Edison, the sponsor of this
measure, is the only one of the investor-owned utilities whose SGIP
program is over-funded. For example, Pacific Gas & Electric Company
has transferred over $15 million into this fund to meet program
demand. The issue here may be over collection or it may be program
implementation, however this is an issue that the PUC can resolve.
This bill would duplicate ex isting PUC authority.
Sincerely,
Arnold Schwarzenegger