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W A T"E'R I EHE -R G Y I L I'F E <br />PUf311r Ui11.ITIFS <br />BOARD OF PUBLIC UTILITIES <br />RIVERSIDE PUBLIC UTILITIES <br />Board Memorandum <br />DATE: AUGUST 28, 2023 <br />SUBJECT: PUBLIC HEARING - ELECTRIC UTILITY FIVE-YEAR RATE PLAN PROPOSAL <br />AND CHANGES TO THE SHARING HOUSEHOLDS ASSIST RIVERSIDE'S <br />ENERGY PROGRAM AND ENERGY SAVING ASSISTANCE PROGRAM <br />ISSUES: <br />Consideration of an electric utility five-year rate plan proposal and increases to the low-income <br />utility bill assistance for residential customers called Sharing Households Assist Riverside's <br />Energy (SHARE). <br />RECOMMENDATIONS: <br />That the Board of Public Utilities: <br />1. Conduct a public hearing to receive public input related to the electric utility five-year rate <br />plan proposal; <br />2. Adopt a resolution of the electric utility five-year rate plan proposal, establishing the <br />electric utility five-year rate proposal, as further described in the resolution; <br />3. Recommend the City Council conduct a public hearing to receive input related to the <br />electric utility five-year rate plan proposal; <br />4. Recommend the City Council adopt a resolution approving the electric utility five-year rate <br />plan proposal, as further described in the resolution; and <br />5. Recommend the City Council approve changes to the Sharing Households Assist <br />Riverside Energy Program. <br />