Optional Fixed Prices

Utilities should have a voluntary opportunity to offer QFs long term price stability at levels consistent with recent commitments by the state representing consumer interests. As a matter of policy, we believe that utilities purchasing from QFs should make available a pricing option that reflects the costs of the CDWR portfolio on a long-term average basis. When authorized by the Legislature we will undertake to develop such a pricing option. As pointed out by EWC in its Comments, we do not know enough about the composition of the CDWR portfolio to structure the option at this time.