California Energy Bill Passes, Awaits Governor Signature

October 8, 2013

 

The California state legislature bill AB 327 passed and is now awaiting Governor Jerry Brown’s signature. The bill seeks to essentially remove the “cap” from California’s renewable energy portfolio standard (RPS), which is already one of the most aggressive in the nation.

 

Currently, California state law requires power companies to generate 33 percent of their electricity from renewable sources. Once signed into law, AB 327 will allow the California Public Utilities Commission (CPUC) to raise that percentage without the need for legislative action.

 

The bill will also allow the CPUC to redesign utility billing rates, potentially cutting monthly bills for end users living in the hotter interior parts of California.

 

Source: Renewable Energy World

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