In January 2012, we will provide a staff report for parties to comment upon, with the input of collaborative staff from the Energy Commission. This report will recommend which of the current renewables and RD&D programs, if any, should be funded through the EPIC, as well as any potential modifications to these programs and proposed new programs. This report will recommend which of these particular programs, if any, should be administered on a day to day basis by the Energy Commission and appropriate governance for these programs, consistent with the guidance provided herein. The report will also consider the structure of any programs which should not be administered by the Energy Commission. The report will make recommendations about the appropriate level of ongoing funding for EPIC-funded programs, and thus any changes in the revenues to be collected by the EPIC. The report may also recommend new or different programs which could receive EPIC funding.
We anticipate an initial Phase 2 decision on the recommendations of the staff report and the comments of parties in the first quarter of 2012. There may be a need for subsequent decisions to consider further details and implementation actions.