California Public Utilities Code

§ 913.3

PUC § 913.3 Effective Jan 1, 2017Div. 1 · Part 1 · Ch. 4 · Art. 11

Statute text

(a)Notwithstanding subdivision (g) of Section 454.5 and Section 583, no later than May 1 of each year, the commission shall release to the Legislature for the preceding calendar year the costs of all electricity procurement contracts for eligible renewable energy resources, including unbundled renewable energy credits, and all costs for utility-owned generation approved by the commission.

(1)For power purchase contracts, the commission shall release costs in an aggregated form categorized according to the year the procurement transaction was approved by the commission, the eligible renewable energy resource type, including bundled renewable energy credits, the average executed contract price, and average actual recorded costs for each kilowatthour of production. Within each renewable energy resource type, the commission shall provide aggregated costs for different project size thresholds.

(2)For each utility-owned renewable generation project, the commission shall release the costs forecast by the electrical corporation at the time of initial approval and the actual recorded costs for each kilowatthour of production during the preceding calendar year.

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Legislative history

Added by renumbering Section 913.4 by Stats. 2016, Ch. 842, Sec. 23. (SB 1222) Effective January 1, 2017.