1997 AGN NOV 12 I02 - Laserfiche WebLink

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Ch. 854 —44 — meaning Of Section 2805, provided that a Power source utilizing more than 25 percent fossil fuel may not be included. (c) The Public Utilities Commission shall order the respective electrical corporations to collect and spend these funds, as follows: (1) Cost-effective energy efficiency and conservation activities shall be funded at not less than the following levels commencing January 1, 1998, through December 31, 2001: for San Diego Gas and Electric Company a level of thirty-two million dollars ($32,000,000) per- year; for Southern California Edison Company a level of ninety million dollars ($90,0o0,000) for each of the years 1998,1999, and 2000; fifty million dollars ($50 000,000) for the year 2001. and for Pacific Gas and Electric Compan� a level of one hundred'six million dollars ($106,000,000) per year. (2) Research, development, and demonstration programs to advance science or technology that are not adequately provided by competitive and regulated markets shall be funded at not less than the following levels commencing January 1, 1998 through December 31, 2001: for San Diego Gas and Electric Company a level of four million dollars ($4,000,000) per year; for Southern California Edison Company a level of twentY-eight million five hundred thousand dollars ($28,500,000) per year; and for Pacific Gas and Electric Company a level of thirty Million dollars ($30,000,000) per year. (3) In-state operation and development of existing and new and emerg mig renewable resource technologies shall be funded at not less than the following levels on a statewide basis: one hundred nine million five hundred thousand dollars ($1094W,000) per year for each of the years 1998, 19%, and 2000 and one hundred thirty-six Million five hundred thousand dollars' 0136,5W,000) for the year 2001. To accomplish these funding levels over the period described herein the San Diego Gas and Electric Company shall spend twelve miWon dollars ($12,000,000) per year, the Southern California Edison Company shall expend no less than forty-nine Million five hundred thousand dollars ($494W,000) for the years 1998,1999, and 20M, and no less than seventy-six Million five hundred thousand dollars ($76,5W,OOO) for the year 2001, and the pacific Gas and Electric Company shall expend no less than forty-eight Million dollars ($M,000,000) per year through the year 2001. Additional funding not to exceed seventy-five million dollars ($75,000,000) shall be allocated from moneys collected pursuant to subdivision (d) in order to Provide a level of funding totaling five hundred forty million dollars ($W,0001000). (4) Up to fifty - million - dollars ($50 000 000) ' of the amount collected pursuant to subclivision (d) 'may be used to resolve outstanding issues related to implementation of subdivision (a) of Section 374. Moneys remaining after fiWY hinding the provisions of this paragraph shall be reallocated for Purposes of paragraph (3). 90