Proposition 7

Renewable Energy. Statute.

November 04, 2008

 


This measure makes a number of changes regarding Renewables Portfolio Standard (RPS) and the permitting of electricity generating facilities and transmission lines. Primarily, the measure establishes additional, higher RPS targets for electricity providers, makes RPS requirements enforceable on publicly owned utilities, changes the process for defining “market price of electricity,” changes the cost cap provisions that limit electricity provider obligations under the RPS, expands the scope of RPS enforcement, revises RPS-related contracting period and obligations, sets a lower penalty rate in statute and removes the cap on the total penalty amount for failure to meet RPS requirements, directs the use of RPS penalty revenues, and expands the Energy Commission’s permitting authority.