Energy Efficiency Risk/Reward Incentive Mechanism (RRIM) (R.09-01-019)
What’s this? This rulemaking carries on the work of R.09-01-019 to continue consideration of prospective reforms to 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 (SoCalGas), 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.
On Aug. 22, the CPUC issued a Ruling and Amended Scoping Memo to not only broaden the scope of R.12-01-005 but also to provide further detail on the proceeding schedule, specifically relating to the 2010-2012 cycle. Specifically, the ruling amended the previous Scoping Memo, issued in this proceeding on May 16, to provide a modified approach for addressing incentive issues for the 2010-2012 cycle, in that: (1) the expected issuance date of a proposed decision on 2010-2012 RRIM issues may be deferred from the third quarter to the fourth quarter of 2012, and (2) instead of addressing in sequential decisions the possible approval/design of an incentive mechanism for 2010-2012 and the submission, review and approval of award payments, the proposed decision will address these issues concurrently. Consequently, if an incentive mechanism is found warranted for the 2010-2012 cycle, the proposed decision will concurrently prescribe the incentive mechanism design and authorize the resulting incentive payment amounts to be awarded by year-end 2012. In addition, the ruling notified the parties of additional information that will be moved into the record of R.12-01-005 for possible use of applicable data in developing and calculating formulas and amounts of incentive awards for the 2010-2012 cycle, including: (1) the IOU reports dated May 2, 2011, regarding calendar year 2010 energy efficiency program results, previously filed in R.09-11-014, and (2) the CPUC’s Utility Audit, Finance and Compliance Branch completed reports on the “Financial, Management and Regulatory Compliance Examination” of each of the IOUs’ 2010 energy efficiency reported data, as provided in Attachment A to the ruling.
Additionally, on Sept. 5, the CPUC issued a Ruling setting the schedule for post-workshop comments and completed proposals regarding the design and implementation of an incentive mechanism applicable to energy efficiency resource programs for the 2013-2014 cycle. A workshop was convened on Aug. 20 to provide a forum for discussion and information exchange among parties regarding energy efficiency incentive design issues for the 2013-2014 cycle. Since the conclusion of the workshop, parties have had the opportunity to continue informal discussions regarding the appropriate design and implementation of an incentive mechanism for the 2013-2014 cycle. The ruling directed parties to finalize any remaining aspects of their proposals and to present the finalized proposals for an incentive mechanism for energy efficiency resource programs for the 2013-2014 cycle and any post-workshop comments no later than Oct. 1.
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