BILL ANALYSIS AB 67 Page 1 CONCURRENCE IN SENATE AMENDMENTS AB 67 (Levine) As Amended September 1, 2005 Majority vote ----------------------------------------------------------------- |ASSEMBLY: |73-1 |(May 27, 2005) |SENATE: |29-3 |(September 8, | | | | | | |2005) | ----------------------------------------------------------------- Original Committee Reference: U. & C. SUMMARY : Requires the California Public Utilities Commission (PUC) to annually report on the elements embedded in electricity and gas rates. Extends an existing program that provides partial net metering to customer-owned fuel cell electric generation facilities, which sunsets January 1, 2006 to 2010. The Senate amendments : 1)Delete the requirement that PUC provide a 10-year forecast of different aspects and elements of electricity rates, and confine the report to the utilities with the greatest number of ratepayers. 2)Extends an existing program that provides partial net metering to customer-owned fuel cell electric generation facilities, which sunsets January 1, 2006 to 2010. AS PASSED BY THE ASSEMBLY , this bill required PUC to report to the Legislature a 10-year forecast for the different aspects and elements of electricity rates for each class of ratepayers. FISCAL EFFECT : Unknown COMMENTS : This bill provides transparency in the elements of the electricity rates of the investor-owned utilities (IOUs) and will help the Legislature track when the elements of rates that resulted from deregulation, such as the costs associated with the state purchases of electricity for IOUs and the Pacific Gas and Electric (PG&E) bankruptcy, will sunset or retire. This bill is intended to provide the Legislature with a clear understanding of the impacts proposals for new or augmented programs will have on electricity rates. AB 67 Page 2 The bill also extends a provision creating a net metering program for net metering for customer owned fuel cell power generators. Net metering allows the IOU customers to sell the excess power from the fuel cell generators back to the IOU. The existing fuel cell net metering program will sunset at the end of this year. If the program is not extended, net metering won't be available to both existing and planned fuel cell projects after the end of the year. This bill was substantially amended in the Senate. Provisions added in the Senate were not considered by a policy committee in the Assembly. Analysis Prepared by : Gina Mandy / U. & C. / (916) 319-2083 FN: 0013257