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Receive an informational presentation on the purpose and use of Solano County's Rule 20A credits and the status of credits available to Solano County; and Provide general direction to the Department of Resource Management regarding utilization of Rule 20A credits
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Published Notice Required? Yes ____ No __X_
Public Hearing Required? Yes ____ No __X_
DEPARTMENTAL RECOMMENDATION:
The Department of Resource Management recommends that the Board of Supervisors receive an informational presentation on the purpose and use of Solano County's Rule 20A credits and the status of credits available to Solano County; and Provide general direction to the Department of Resource Management regarding utilization of Rule 20A credits.
SUMMARY:
Background: The Public Utilities Commission instituted the current undergrounding program in 1967 with Tariff Rule 20, which governs and funds conversion of overhead electrical utilities with new replacement underground services. Tariff Rule 20 also established rules to govern who shall bear the cost of the conversion between the utilities and agencies.
PG&E's Rule 20A program provides annual credits to local cities and counties to assist in the costs of undergrounding electric overhead utilities. These credits are allocated annually and can be accumulated until there is an identified approved project. Solano County 's Rule 20A ledger balance with PG&E currently totals $4 million. The use of these credits are somewhat limited in their conversion into a project, and there is typically a required funding match from other fund sources to complete a project. To utilize the credits for a project, the local agency must enter into an agreement for PG&E which specifies how the credits are converted to reimbursable dollars. The credits can also be swapped with other agencies by agreement to help facilitate projects that are short on funds.
In consideration of the variety of options available to the County with regards ...
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