(7)AR 122110 Renewable Portfolio Standard

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ITEM NO. 06 STAFF RIEPORT r� DATE: DECEMBER 21, 2010 TO: HONORABLE MAYOR AND CITY FROM: ROD FOSTER, CITY MANAGER % PREPARED BY: VIJAY SINHA, DIRECTOR OF PUBLIC WORKS AND UTILITY SERVICES V ' SUBJECT: APPROVAL OF AMENDMENT TO RESOLUTION NO. R-33-07 AMENDING THE RENEWABLE PORTFOLIO STANDARD FOR COLTON ELECTRIC UTILITY RECOMMENDED ACTION It is recommended that the City Council approve and adopt the proposed resolution amending Resolution # R-33-07 to revise the Renewable Portfolio Standard (RPS) to 33% by December 2020 in compliance with Governor's Executive Order S-14-08. GOAL STATEMENT The proposed action will support the City's goal to increase the Renewable Energy procurement share to 33% by Year 2020. BACKGROUND On October 7, 2003, the City of Colton adopted Resolution No. R-102-03, which established the Renewable Portfolio Standard ("RPS") Policy to comply with Senate Bill 1078, which became law on January 1, 2003. SB 1078 provided specific guidelines to Investor Owned Utilities ("IOU") in developing and implementing a RPS, and ordered municipal electric utilities to devise local standards in light of the legislation's public policy goals. The City's RPS required the City of Colton Electric Utility to increase procurement of electricity from eligible renewable resources until a target portfolio level of 15% is reached by December 31, 2017, measured by the amount of energy procured in making retail sales of electricity. On February 27, 2007, the City of Colton adopted Resolution No. R-33-07, which amended the Renewable Portfolio Standard ("RPS") Policy to comply with Senate Bill 107, which became law on January 1, 2007. The amendment required the City of Colton Electric Utility to increase procurement of electricity from eligible renewable resources until a target portfolio level of 20% is reached by December 31, 2010, measured by the amount of energy procured in making retail sales of electricity.