Energy: efficiency.

Under existing law, the Public Utilities Commission (PUC) has regulatory authority over public utilities, including electrical corporations and gas corporations, as defined. Existing law requires the PUC to investigate the ability of electrical corporation and gas corporations to provide energy efficiency financing options to their customers to implement a comprehensive program developed by the State Energy Resources Conservation and Development Commission (Energy Commission) and requires the PUC to include an assessment of each electrical corporation's and each gas corporation's implementation of that program in a specified triennial report required under existing law. Pursuant to this requirement, the PUC has opened Rulemaking 09-11-014. This bill would require the PUC, in Rulemaking 09-11-014, in consultation with the Energy Commission, the Treasurer, and the California Alternative Energy and Advanced Transportation Financing Authority, to determine appropriate energy efficiency financing measures, programs, and funding sources for the residential, commercial, and public building sectors in order to achieve the statewide energy efficiency goals for those sectors identified in the California Energy Efficiency Strategic Plan adopted by the PUC. This bill would declare that it is to take effect immediately as an urgency statute.