Energy Efficiency Risk/Reward Incentive Mechanism (RRIM) (R.09-01-019)
What’s this? This rulemaking will address the CPUC’s policies related to an energy efficiency risk / reward incentive mechanism (RRIM), which offers the four major California energy utilities, i.e., Pacific Gas and Electric Company ( PG&E), Southern California Edison Company ( SCE), San Diego Gas & Electric Company ( SDG&E), and Southern California Gas Company ( SoCal Gas), incentives to achieve or surpass CPUC-adopted energy efficiency goals and to extend California's commitment to making energy efficiency the highest energy resource priority.
What’s new?
On Dec. 16, 2011, the CPUC issued a Ruling soliciting further comments and production of data regarding energy-efficiency incentive reforms. The ruling requests specific step-by-step calculations necessary to derive energy-efficiency incentive earnings formulas for the 2010-2012 period based on the assumptions outlined in the ruling. In addition, the ruling also asks parties to comment on how their responses related to the incentive mechanism for 2010-2012 program cycle would change, if at all, for the proposed 2013-2014 program timeframe. Opening comments were due January 16, and reply comments are due January 30. Further direction will be provided as to the next steps in resolving this phase of the proceeding after receipt of the opening and reply comments responding to this ruling.
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