Bill > SB843

This bill establishes a new program called the Community-Based Renewable Energy Self-Generation Program, which aims to expand access to renewable energy generation for various entities, including local governments, schools, businesses, and individuals, by allowing them to invest in community renewable energy facilities. These facilities, with a capacity of up to 20 megawatts, will generate electricity from eligible renewable resources and provide bill credits to participants based on their share of the energy produced, helping them save on electricity costs. The bill also clarifies definitions related to public utilities and electrical corporations, repeals an existing section of law, and makes significant changes to how community renewable energy projects are structured, including provisions for capacity limits, participant protections, and cost recovery for electrical corporations. Notably, it specifically designates 30 megawatts of capacity for the City of Davis for use at PVUSA and other designated locations.