Report to Mayor and City Council
Tuesday, March 16, 2021
Consent
SUBJECT:
Title
CONSIDERATION OF TAKING A POSITION ON SB 612 (PORTANTINO) IN THE 2021/2022 LEGISLATIVE SESSION (CITY COUNCIL)
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I. SUMMARY
SB 612 (Portantino) would add new sections to the Public Utilities Code that are designed to ensure fair and equal access to the benefits of legacy resources, and ensure resources held in the Investor Owned Utility (IOU) portfolios are managed to maximize value for all customers. Among other things, the bill would provide community choice aggregators' (CCA) customers equal right to receive legacy resource products that were procured on their behalf in proportion to their load share if they pay the full cost of those products.
The Legislative and Regulatory Committee of the Clean Power Alliance (CPA) recently approved a support position on this bill. In an effort to provide a strong show of support, CPA member agencies are being asked to take a support position. A draft letter of support is attached for City Council consideration. (Exhibit No. 1)
II. RECOMMENDATION
Recommendation
APPROVE the City of Carson's support position on SB 612 in the 2021/2022 legislative session.
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III. ALTERNATIVES
1. DO NOT TAKE a support position for SB 612.
2. TAKE another action the City Council deems appropriate.
IV. BACKGROUND
When the original Renewable Portfolio Standard (RPS) was chaptered into law in 2002, IOUs entered into contracts to procure renewable resources and resource adequacy on behalf of their customers that were very expensive. These are described as "legacy resources." Over the last ten years, millions of utility customers have transitioned from investor-owned utility (IOU) electric service to CCAS. When a customer transitions, the customer continues to share cost responsibility with IOU customers for the resources purchased prior to the customer's transition to CCA service. This legacy payment is known as the Power Charge Indiffere...
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