California Senate Bill SB1414 Introduced / Bill

 BILL NUMBER: SB 1414INTRODUCED BILL TEXT INTRODUCED BY Senator Wolk FEBRUARY 21, 2014 An act to amend Section 454.55 of the Public Utilities Code, relating to energy. LEGISLATIVE COUNSEL'S DIGEST SB 1414, as introduced, Wolk. Energy efficiency. Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations, as defined. The Public Utilities Act requires the Public Utilities Commission to review and adopt a procurement plan for each electrical corporation in accordance with specified elements, incentive mechanisms, and objectives. The act requires that an electrical corporation's proposed procurement plan include certain elements, including a showing that the electrical corporation will first meet its unmet needs through all available energy efficiency and demand reduction resources that are cost effective, reliable, and feasible. Existing law requires the Public Utilities Commission, in consultation with the State Energy Resources Conservation and Development Commission, to identify all potentially achievable cost-effective electricity efficiency savings, and to establish efficiency targets for electrical corporations to achieve pursuant to their procurement plan. This bill would make technical, nonsubstantive revisions to this provision. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 454.55 of the Public Utilities Code is amended to read: 454.55. The commission, in consultation with the  State  Energy  Resources Conservation and Development  Commission, shall identify all potentially achievable cost-effective electricity efficiency savings and establish efficiency targets for an electrical corporation to achieve pursuant to Section 454.5.