Retail electricity suppliers: emissions of greenhouse gases.

Existing law vests the Public Utilities Commission (PUC) with regulatory authority over public utilities, while local publicly owned electric utilities, as defined, are under the direction of their governing boards. Existing law requires every entity that offers an electricity product for sale to retail consumers in California to disclose its electricity sources and the associated intensity of the emissions of greenhouse gases for the previous calendar year. Existing law requires a retail supplier to disclose its electricity sources as a percentage of annual sales that is derived from specified sources of energy, including eligible renewable energy resources. This bill would require, beginning January 1, 2028, every retail supplier to annually report specified information to the State Energy Resources Conservation and Development Commission (Energy Commission) , including the retail supplier's sources of electricity used to serve loss-adjusted load for each hour during the previous calendar year and the emissions of greenhouse gases associated with those sources of electricity, as specified. The bill would require, on or before July 1, 2024, the Energy Commission to adopt rules, through an open process, subject to public comment, and adopted by a vote of the Energy Commission, to implement these reporting requirements. The bill would require the Energy Commission to share specified information with the PUC, the State Air Resources Board, and the Independent System Operator, to the extent needed, and to annually publish on its internet website an aggregated summary of the data reported by each retail supplier. The bill would require all sellers of electricity from generation facilities or energy storage facilities, and entities allocating electricity from specified sources, to timely provide specified information to the purchaser of, or entity allocated, that electricity, as specified. The bill would require the PUC, for all load-serving entities, and the governing board, for each local publicly owned electric utility, to review the total annual emissions of greenhouse gases and the annual average greenhouse gas emissions intensity reported for each load-serving entity or local publicly owned electric utility. The bill would authorize the PUC, for all load-serving entities, and the governing board, for each local publicly owned electric utility, to assess whether those emissions of greenhouse gases, combined with the load-serving entity's or local publicly owned electric utility's procurement plans for subsequent years, demonstrate adequate progress toward achieving the load-serving entity's or local publicly owned electric utility's greenhouse gas emissions reduction targets. Existing law requires the PUC, in consultation with the Independent System Operator, to establish resource adequacy requirements for all load-serving entities, including electrical corporations, electric service providers, and community choice aggregators, in accordance with specified objectives. This bill would require the PUC to calculate and publish on its internet website the percentage of each load-serving entity's local and system resource adequacy requirements from the previous calendar year that was met with capacity from eligible renewable energy resources, other zero-carbon resources, or energy storage resources, as specified. This bill would incorporate additional changes to Section 380 of the Public Utilities Code proposed by SB 1432 to be operative only if this bill and SB 1432 are enacted and this bill is enacted last. Under existing law, a violation of the Public Utilities Act or any order, decision, rule, direction, demand, or requirement of the PUC is a crime. Because the provisions of this bill would be a part of the act and because a violation of a commission action implementing the bill's requirements would be a crime, the bill would impose a state-mandated local program. By placing additional reporting duties upon local publicly owned electric utilities, the bill would impose a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for specified reasons.