SB 107: Renewable Energy Portfolio (2005)
SB 107 does all of the following:
- First, it amends CA’s Renewable Portfolio Standard Law to move up the date on which electric utilities must procure one-fifth of their power from renewable energy sources from 2017 to 2010.
- Second, it ensures that the use of so-called “renewable energy credits” (i.e. “REC’s”, or certificates that show a utility actually bought a renewable kilowatt of electricity) are subject to strict monitoring and verification by state energy regulators. REC’s are thought to be desirable in helping develop and sell renewable energy where transmission lines to renewable energy powerplants are lacking, but need tighter consumer protections and controls.
- Third, it increases efficiency in the expenditure of roughly $135 million per year in energy payments from ratepayers to renewable energy resources to help ensure those resources are developed and operated economically.
- Fourth, it strengthens current RPS statutes with respect to reporting requirements for municipal utilities.
- And fifth, it requires state energy regulators to ensure that utility procurement plans achieve efficiency in the use of fossil fuels and address any carbon emissions from generation sources.
Final Status and TextSB 107 is no longer active. Its final status was:
Signed into Law
You can read its final text on the Legislature's Bill Information site.
News & Press Releases about SB 10704/14/2011 - Signing ceremony for Simtian's 33% renewables bill
04/13/2011 - Gov. Brown signs law requiring 33% of energy be renewable by 2020
04/12/2011 - Simitian's 33% Renewable Energy Bill Signed by Governor Brown
04/12/2011 - Governor signs ambitious renewable energy legislation
03/30/2011 - Renewable-energy bill passed by Legislature
02/24/2011 - Senate Passes Renewables Bill
02/14/2011 - Energy Committee to Consider Renewables Bill
01/04/2011 - We're meeting goals on renewable energy - but they should be higher
12/06/2010 - Simitian Reintroduces 33% Renewable Energy Bill
02/13/2009 - Opinion: California can produce more green electricity