This report by the California Milton Marks “Little Hoover” Commission, an independent state oversight agency, calls on State leaders to direct the state’s energy organizations to assess the cumulative impact of recent major energy-related policies on electricity rates and reliability and whether these policies are achieving California’s energy and environmental goals. An excerpt of the executive summary is provided below. The full report can be found by clicking on the links at the bottom of this page.
Documents filed under Impact on Economy from California
California's Renewables Portfolio Standard (RPS) is one of the most ambitious renewable energy standards in the country Established in 2002 under Senate Bill 1078 and accelerated in 2006 under Senate Bill 107, California's RPS obligates investor‐owned utilities (IOUs), energy service providers (ESPs) and community choice aggregators (CCAs) to procure an additional 1% of retail sales per year from eligible renewable sources until 20% is reached, no later than 2010.The California Public Utilities Commission (CPUC) and California Energy Commission (CEC) are jointly responsible for implementing the program.