The CPUC approved $2 billion for the current 2013 - 2014 transition year programs in November 2012. The administrators of these programs are the four largest investor-owned utilities - PG&E, Edison, SDG&E and SoCalGas - and for the first time, two regional government networks and a community choice aggregator (Marin Clean Energy). Energy Efficiency is first in California's energy procurement loading order, based on the state's Energy Action Plan, as a key strategy in mitigating greenhouse gas emissions as articulated in the Scoping Plan for AB 32 - The California Global Warming Solutions Act of 2006.
In July 2012, the large investor owned utilities (PG&E, Edison, SDG&E and SoCalGas) filed applications requesting the CPUC to approve over $2 billion in funding to implement energy efficiency programs for a two-year transition cycle in 2013 - 2014.
DRA’s priorities for preparing for development and implementation of Energy Efficiency programs for 2015 and beyond include improvements and expansions for market transformation, program financing, cost-effectiveness protocols, and coordination with long-term procurement planning.
The CPUC’s Energy Efficiency Strategic Plan identified the critical role of financing in achieving California’s energy efficiency goals.
For 2006-2012 Energy Efficiency program cycles, the CPUC has awarded utility shareholders bonuses upwards of $400M cumulatively for the purpose of incenting utility performance running ratepayer funded Energy Efficiency programs.
Water and energy are inextricably linked. Water-related energy use accounts for nearly 20% of the state’s total energy requirements. Similarly, conservation and efficient use of water are essential to meeting the future demand for water in California and the state’s water savings goals.