California To Reduce Power Demand Through New Demand Response Program
In late August 2014, the California Assembly and Senate unanimously voted in favor of Senate Bill 1414 (“SB 1414”), which was introduced by Senator Lois Wolk and co-authored by Assembly Members, Kevin Mullin and Das Williams[1]. On September 29, 2014, California Governor Jerry Brown signed SB 1414 into law. SB 1414 requires utilities to adjust their resource adequacy[2] plans and utilize cost-effective demand response (“DR”) programs to change their demand for electricity during key times. In exchange for adjusting their electricity consumption, participating DR customers will receive incentives for providing a clean resource to the grid. The reduced demand for electricity will require less generation, which in turn will reduce the need for new power plants and help integrate renewable sources of energy. Read More