Governor’s Ten Point Electricity Plan
The Governor’s electricity plan is designed to ensure an adequate, stable supply of electricity at reasonable prices. The plan encourages the use of emerging technologies to preserve and protect California’s environment and promote economic growth.
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Resource Adequacy
Minimum 15% reserve margins for all suppliers of electricity, by 2006
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Competitive Procurement
Open, transparent procurement process ensures best value to ratepayers in terms of price, risk, reliability and environmental impact
Cost recovery for utilities encourages long-term contracts
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Transmission
Legislation to establish transmission corridors
Encourage investment to reduce congestion, increase grid reliability
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Rate Relief
Encourage PUC to implement equitable rate designs for allocating system costs
Reduce rates for all customers from FERC refunds and DWR contract renegotiations
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Natural Gas
Increase in-state gas storage, production and natural gas import capability to ensure adequate supply and stable prices
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Renewable Energy
Accelerate renewable mix of 20% by 2010
Million Solar Roofs Initiative
Western Governor’s Association Clean and Diversified Energy Resolution: 30,000 MW by 2015
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Energy Efficiency
Increase State’s energy efficiency 20% by 2010
Energy efficiency prioritized in the Energy Action Plan’s loading order
Green Buildings Executive Order – State will lead by example
WGA Clean Energy Resolution: 20% gain by 2020
Zero energy homes, building codes, appliance standards
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Dynamic Pricing/Advanced Metering
Encourage technology, rate designs and consumer behavior to reduce power usage during peak hours
Deploy advanced interval meters to all customers
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Core/Non-core
Allow large customers to choose their electricity supplier
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Research & Development
Invest in emerging technologies that improve the efficiency, effectiveness and environmental impact of energy supplies and infrastructure
