1997 AGN NOV 12 I02 - Laserfiche WebLink

Browse Search

-45— Ch. 854 (5) Up to ninety million dollars (190,000,000) of the amount collected pursuant to subdivision (d) may be used to resolve outstanding issues related to contractual arrangements in the Southern California Edison service territory stemming from the Biennial Resource Planning Update auction. Moneys remaining after fully funding the provisions of this paragraph shall be reallocated for purposes of paragraph (3). (d) Notwithstanding any other provisions of this chapter, entities subject to the jurisdiction of the Public Utilities Commission shall extend the period for competition transition charge collection up to three months beyond its otherwise applicable termination of December 31, 2001, so as to ensure that the aggregate portion of the research, environmental, and low-income funds allocated to renewable resources shall equal five hundred forty million dollars ($540,000,000) and that the costs specified in paragraphs (3), (4), and (5) of subdivision (c) are collected. (e) Each electrical corporation shall allow customers to make voluntary contributions through their utility bill payments as either a fixed amount or a variable amount to support programs established pursuant to paragraph (3) of subdivision (b). Funds collected by electrical corporations for these purposes shall be forwarded in a timely manner to the appropriate fund as specified by the commission. (f) The commission shall determine how to utilize ftmds for purposes of paragraphs (1) and (2) of subdivision (b), provided that only those research and development funds for transmission and distribution ftmctions: shall remain with the regulated public utilities under the supervision of the commission. 'Me commission shall provide for the transfer of all research and development funds collected for purposes of paragraph (2) of subdivision (b) other than those for transmission and distribution functions and fimds collected for purposes of paragraph (3) of subdivision (b) to the - California Energy Resources Conservation and Development -Commission pursuant to administration and expenditure criteria to be established by the Legislature. (g) The commission's authority to collect funds pursuant to this section for purposes of paragraph (3) of subdivision (b) shall become inoperative on March 31, 2002. (h) For purposes of this article, "emerging renewable technology" means a new renewable technology, including, but not limited to, , photovoltaic technology, that is determined by the California Energy Resources Conservation and Development Commission to be emerging from research and development and that has significant commercial potentiaL 382. iliograms provided to low-income electricity customers, including, but not limited to, targeted energy -efficiency services and the California Alternative Rates for Energy Program shall be funded 90