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1 <br />RESOLUTION NO. R-102-03 <br />2 <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA <br />3 ADOPTING THE CITY'S RENEWABLE PORTFOLIO STANDARD <br />4 <br />5 WHEREAS: The State of California requires the City to establish a Renewable <br />6 Energy Portfolio Policy; and <br />7 WHEREAS: The City Council wishes to encourage the use of Renewable Energy <br />8 sources; <br />9 <br />10 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COLTON DOES <br />HEREBY RESOLVE AS FOLLOWS: <br />11 <br />SECTION 1. This standard represents the City of Colton Electric Utility's <br />12 commitment to renewable resource procurement consistent with the provisions of SB <br />1078. <br />13 <br />SECTION 2. The City of Colton Electric Utility will increase procurement of <br />14 electricity from eligible renewable resources until a target portfolio level of 15% is <br />15 reached by December 31, 2017, measured by the amount of energy procured in <br />making retail sales of electricity. <br />16 <br />SECTION 3. Electricity produced from the following technologies constitute <br />17 eligible resources: biomass, solar thermal, photovoltaic, wind, geothermal, fuel cells <br />using renewable fuels, hydroelectric generation, digester gas, municipal solid waste, <br />18 landfill gas, ocean wave, ocean thermal, tidal current, renewable components of <br />system sales from other parties, or renewable distributed generation on the customer <br />19 side of the meter. Facilities can be located anywhere in the interconnected <br />20 transmission system located in the west. <br />21 SECTION 4. Renewable resources will be procured to the extent they fulfill <br />unmet needs identified in Colton Electric Utility's long-term resource procurement plan <br />22 and Colton Electric Utility will not terminate, abrogate, or otherwise end any existing <br />long-term contract in order to meet the renewable target portion of its energy portfolio. <br />23 <br />SECTION 5. The appropriate reasonable prices to be paid for renewable <br />24 resources will be consistent with the price benchmarks set by the CPUC for the IOUs <br />and shall include the cost of associated transmission to deliver the energy to Colton <br />25 Electric Utility's service territory. <br />26 SECTION 6. The renewable energy procurement obligation is contingent <br />27 upon Colton Electric Utility having sufficient funds available to make supplemental <br />energy payments to subsidize the above -market costs of renewable energy. The <br />28 subsidy will come from up to 50% of the funds generated by the public benefits charge <br />that Colton Electric <br />1 <br />