Regulatory
Update
JUNE 3, 2022
Regulatory Highlights
• Resource Adequacy (RA) proposed decision (PD)
• Voluntary Auction and Market Offer (VAMO) process
• Net Energy Metering (NEM) 3.0
• PG&E 2022 Energy Resource Recovery Account (ERRA) & Power Charge Indifference Adjustment (PCIA) Forecast filing
RA PD
• PD issued May 20, 2022
• CPUC Voting Meeting adoption as early as June 23, 2022 • Key Issues
• Reduces 2023 ELCC values for solar and wind
• Adopts 24-hour Slice-of-Day RA Framework, with implementation in 2025 • Rejects Hourly Resource/Load trading within the 24-hour RA framework • Next steps
• CalCCA will comment, may have additional ex parte meeting • EBCE considering parallel comments and other outreach (e.g., support for 24- hour slice-of-day is contingent on hourly resource/load trading) • Opening comments due June 9, Reply comments due June 14 Item 10 VAMO
• Process for PG&E to transfer RPS resources from PG&E to CCAs/ESPs
• Allows CCAs to accept an allocation of a share of PG&E RPS resoures in whole or in part, for short term or long-term purposes. • Finalizing the allocation process
• PD on May 20 clarified certain RPS accounting rules
• ALJ Ruling on May 20 clarified certain scheduling issues • CalCCA is discussing with PG&E remaining scheduling issues • Decision on accepting allocation tentatively due July 25, 2022.
Item 10
NEM 3.0
Administrative Law Judge (ALJ) ruling issued May 9 asking for responses to 14 questions covering three topic areas:
• Glide Path Approach
• ALJ questions revolve around idea of an "ACC Plus" proposal which would provide an adder on top of the CPUC's Avoided Cost Calculator (ACC)-based hourly export credits in the Proposed Decision (PD) • Non-Bypassable Charges (NBCs) on Gross Consumption
• ALJ questions revolve around whether all NEM customers should pay NBCs, what amount of consumption the NBCs should be based on, and which NBCs should be included • Community Distributed Energy Resources
• ALJ questions revolve around comparing the existing Community Solar Green Tariff program to one based on the NEM tariff structure, and whether any community solar program should guarantee low-income participants rate savings
Next steps:
• Comments on ruling due June 10; reply comments scheduled for June 24 • Awaiting Oral Arguments (to be scheduled)
• Anticipating a revised PD (rewrite by Administrative Law Judge) or Alternate PD (rewrite by Commissioner)
• Unclear when PD will be voted on, given awaiting revisions and an updated schedule 2022 ERRA Forecast
The ERRA Forecast proceeding:
• Sets the bundled generation rate for PG&E customers
• Sets the Power Charge Indifference Adjustment (PCIA) rate PG&E will file for new generation/PCIA rates on May 31, 2022 Rates may go into effect as early as January 1, 2023