PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

Item #39

ID #9592

ENERGY DIVISION RESOLUTION E-4350

August 12, 2010

REDACTED

RESOLUTION

Resolution E-4350. Pacific Gas and Electric Company (PG&E) requests approval of three renewable power purchase agreements for solar photovoltaic generation from three facilities: Avenal Park, LLC, Sun City Project, LLC, and Sand Drag, LLC (all subsidiaries of Eurus Energy America Corporation).

PROPOSED OUTCOME: This Resolution approves cost recovery for PG&E's renewable energy power purchase agreements with Avenal Park, LLC, Sun City Project, LLC, and Sand Drag, LLC for solar photovoltaic generation. The PPAs are approved with modification.

ESTIMATED COST: Actual costs are confidential at this time.

By Advice Letter 3610-E filed on February 1, 2010.

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SUMMARY

PG&E's renewable power purchase agreements (PPAs) with the Eurus Subsidiaries comply with the Renewables Portfolio Standard (RPS) procurement guidelines and are approved.

PG&E filed Advice Letter (AL) 3610-E on February 1, 2010, requesting California Public Utilities Commission (Commission) review and approval of three PPAs to procure solar photovoltaic (PV) power from three facilities, which are all subsidiaries of Eurus Energy America Corporation (Eurus America): Avenal Park, LLC, Sun City Project, LLC, and Sand Drag, LLC (together "Eurus Subsidiaries"). PG&E's request is granted with modification. PG&E shall modify the PPAs to eliminate all provisions allowing a delay in commercial online date beyond December 31, 2011, other than force majeure provisions.

The proposed PPAs are consistent with PG&E's 2009 RPS Procurement Plan. Deliveries from the PPAs, with modifications to ensure timely development, are reasonably priced and fully recoverable in rates over the life of the PPAs, subject to Commission review of PG&E's administration of the PPAs. The Eurus Subsidiary PPAs are approved with modifications.

The following tables summarize the Eurus Subsidiary PPAs: