California Energy Bill Passes, Awaits Governor Signature

 

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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About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.