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AB-2593 Self-generation incentive program.(2003-2004)



Current Version: 08/16/04 - Enrolled

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AB2593:v95#DOCUMENT

Passed  IN  Senate  August 09, 2004
Passed  IN  Assembly  August 16, 2004

CALIFORNIA LEGISLATURE— 2003–2004 REGULAR SESSION

Assembly Bill
No. 2593

Introduced  by  Assembly Member Calderon

February 20, 2004

An act to add Section 379.7 to the Public Utilities Code, relating to public utilities.


LEGISLATIVE COUNSEL'S DIGEST


AB 2593, Calderon. Self-generation incentive program.
Existing law requires the Public Utilities Commission, in consultation with the State Energy Resources Conservation and Development Commission (Energy Commission), to administer, until January 1, 2008, a self-generation incentive program for distributed generation resources in the same form that existed on January 1, 2004, except as specified.
This bill would authorize the commission, in any year that it determines that the self-generation incentive program has sufficient funds available to meet the reasonable anticipated demand for incentives for that year, to suspend for the year any further collection of funds from ratepayers to support the program incentives.

The people of the State of California do enact as follows:


SECTION 1.

 Section 379.7 is added to the Public Utilities Code, to read:

379.7.
 Notwithstanding subdivision (a) of Section 379.6, in any year that the commission determines that the self-generation incentive program has sufficient funds available to meet the reasonable anticipated demand for incentives for that year, the commission may suspend for the year any further collection of funds from ratepayers to support the program incentives.