10-12-2021 CC RPT 17 - Laserfiche WebLink

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LCFS EV Rebate Programs • Page 2 and 5. Direct staff to bring forward a proposed plan for the deployment of EV charging infrastructure by December 31, 2021. BOARD RECOMMENDATION: On August 9, 2021, the Board of Public Utilities considered the update on transportation electrification and creation of programs for electric vehicle related rebate programs using Low Carbon Fuel Standard revenue for a total of $730,000. Following discussion, the Board voted unanimously with all members present to recommend that the Land Use, Sustainability, and Resiliency Committee forward the following recommendation to the City Council: 1) Approve the Residential Used Electric Vehicle Rebate, the Residential Home Charging Electric Vehicle Charging Rebate, and the Non-Residential/Multifamily Electric Vehicle Charger Rebate Programs, using proceeds from the sale of Low Carbon Fuel Standard credits in the amount of $730,000 for Fiscal Year 2021/22; 2) Authorize the City Manager, or designee, to execute all documents necessary to administer the rebate programs and take all other necessary actions required, or advisable to implement, administer, fund, and carry out the City of Riverside's responsibilities under the rebate programs; including the ability to make non -substantive changes to the rebate programs under substantially similar terms and conditions as set forth herein; 3) With at least five affirmative votes, authorize a supplemental appropriation, fully offset by proceeds from the sale of Low Carbon Fuel Standard credits, in the total amount of $730,000, in the Electric Fund in the following programs/accounts as follows: a) $150,000 to the Residential Used EV Rebate; b) $150,000 to the Residential Home Charging EV Charging Rebate; c) $400,000 to the Non-Residential/Multifamily EV Charger Rebate; and d) $30,000 to the Marketing/Education/Outreach Account from the Electric Fund Low Carbon Fuel Reserve Account; 4) Direct staff to provide an annual report on program results to the Board of Public Utilities; and 5) Direct staff to bring forward a proposed plan for the deployment of EV charging infrastructure by December 31, 2021. The Land Use, Sustainability, and Resiliency Committee was scheduled to consider the item at their meeting of September 13, 2021. Due to a constrained schedule for the meeting, they were unable to consider the item. Because time is of the essence, the item is being taken directly to the City Council for approval. LEGISLATIVE HISTORY: The Low Carbon Fuel Standard (LCFS) Program is one of several programs established by the State of California and the California Air Resources Board (CARB) for the purposes of reducing statewide greenhouse (GHG) emissions to 1990 levels by 2020 and further reducing emissions to 40% below 1990 levels by 2030. These goals were put in place by the California Global Warming Solutions Act of 2006 (Assembly Bill 32 or "AB 32") and the Clean Energy and Pollution Reduction Act of 2015 (Senate Bill 350 or "SB 350"), respectively. The goal of the LCFS Program is to achieve a 20% reduction in the carbon intensity of transportation fuels by 2030. Amendments to the regulation in 2018, among other changes, required electric distribution utilities