CEC EPIC Budget 80% of total EPIC budget 0.8 * $486,000,000 = $388,800,000 CEC Administrative 10% of CEC EPIC Budget 0.1 * $388,800,000 = Budget 38,880,000 CEC Share of 80% of total CPUC oversight 0.8 * $2,430,000 = Oversight Budget budget $1,944,000 CEC Program Area CEC EPIC Budget – $388,800,000 - Budget administrative and oversight $38,880,000 - $1,944,000 budgets = $347,976,000 We next adjust proposed program area budgets, preserving their proposed ratio to the total program investment budget. Program Area Proposed Proposed Reconciled Program Budget Budget as Area Budget, Preserving Percent of Total the Proposed Percentage Program Area of Total Program Area Budget Budget* Applied Research $151,630,000 43.33% $150,787,611 and Development Technology $145,020,000 41.44% $144,214,333 Demonstration and Deployment Market Facilitation $53,270,000 15.22% $52,974,055 *Rounded down to whole dollar amounts. Table 2: PG&E Reconciled 2015-2017 Budget, Unescalated Total EPIC Budget: $486,000,000 Total CPUC Oversight 0.5% of total EPIC 0.005 * $486,000,000 = Budget: budget $2,430,000 IOUs’ Portion of Total 20% of total EPIC 0.2 * $486,000,000 = EPIC Budget: budget $97,200,000 PG&E Collection 50.1% Allocation PG&E EPIC Budget 50.1% of IOU share of $97,200,000 * 0.501 = EPIC budget $48,697,200
CEC EPIC Budget 80% of total EPIC budget 0.8 * $486,000,000 = $388,800,000 CEC Administrative Budget 10% of CEC EPIC Budget 0.1 * $388,800,000 = 38,880,000 CEC Share of Oversight Budget 80% of total CPUC oversight budget 0.8 * $2,430,000 = $1,944,000 CEC Program Area Budget CEC EPIC Budget – administrative and oversight budgets $388,800,000 - $38,880,000 - $1,944,000 = $347,976,000 We next adjust proposed program area budgets, preserving their proposed ratio to the total program investment budget. Program Area Proposed Budget Proposed Budget as Percent of Total Program Area Budget Reconciled Program Area Budget, Preserving the Proposed Percentage of Total Program Area Budget* Applied Research and Development $151,630,000 43.33% $150,787,611 Technology Demonstration and Deployment $145,020,000 41.44% $144,214,333 Market Facilitation $53,270,000 15.22% $52,974,055 *Rounded down to whole dollar amounts. Table 2: PG&E Reconciled 2015-2017 Budget, Unescalated Total EPIC Budget: $486,000,000 Total CPUC Oversight Budget: 0.5% of total EPIC budget 0.005 * $486,000,000 = $2,430,000 IOUs’ Portion of Total EPIC Budget: 20% of total EPIC budget 0.2 * $486,000,000 = $97,200,000 PG&E Collection Allocation 50.1% PG&E EPIC Budget 50.1% of IOU share of EPIC budget $97,200,000 * 0.501 = $48,697,200