09-12-2022 BPU RPT 08 - Laserfiche WebLink

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RIVERSIDE PUBLIC UTILITIES Board Memorandum BOARD OF PUBLIC UTILITIES DATE: SEPTEMBER 12, 2022 SUBJECT: 2021 POWER SOURCE DISCLOSURE REPORTS AND POWER CONTENT LABEL WITH ATTESTATIONS OF VERACITY TO CALIFORNIA ENERGY COMMISSION ISSUES: Consider approving the 2021 Power Source Disclosure Reports and the 2021 Power Content Label with their associated attestations for submittal to the California Energy Commission. RECOMMENDATIONS: That the Board of Public Utilities: 1. Approve the 2021 Power Source Disclosure Reports; 2. Attest to the veracity of the 2021 Power Source Disclosure Reports; 3. Approve the 2021 Power Content Label; 4. Attest to the veracity of the 2021 Power Content Label; and 5. Authorize the City Manager, or designee, to execute and submit the attestations of the 2021 Power Source Disclosure Reports and Power Content Label to the California Energy Commission. LEGISLATIVE HISTORY: In 1997, the California Legislature adopted Senate Bill (SB) 1305 adding Article 14 (commencing with Section 398.1) to the Public Utilities Code (Article 14). The intent was to establish a program for entities providing electric services in California to disclose accurate, reliable, and simple to understand information to consumers on the sources of energy that are used to provide their electric services. In response to the many changes that occurred in the electricity market since 1997, Assembly Bill (AB) 162 was adopted in 2009 to further update the disclosure requirements. Changes made to Article 14 included defining additional terms, detailing the specific fuel types and energy resources as a percentage of annual sales, incorporating the development of the Renewables Portfolio Standard (RPS) and changing the frequency of required reporting from quarterly to annually.