Solar, LLC. PG&E asserts in AL 5126-E that the purpose of the proposed amendment is to avoid project default by extending the COD and FCDS date. The Amendment modifies the original PPA in several aspects: Modifies the delivery term; Modifies the COD and FCDS date; and Modifies annual contract quantities. The amendment does not modify contract price or any technical aspects of the Project. However, the reduction of the delivery term from 20 to 17.25 years and lowering the annual contract quantities results in a reduction in customer payments pursuant to the PPA. The estimated reduction in total customer payments is the difference between the costs detailed in the existing PPA and the estimated costs under the amendment. PG&E requests that the Commission issue a resolution that: Approves the amendment in its entirety, subject to the Commission’s review of PG&E’s administration of the amendment; and Finds that the terms of the amendment are just, reasonable, and in the public interest. Energy Division evaluated the amended Java Solar PPA based on the following criteria: Consistency with PG&E’s 2016 RPS Procurement Plan; Consistency with PG&E’s Least-Cost, Best-Fit Methodology (LCBF); Cost Reasonableness and Net Market Value; Procurement Review Group Participation; Project Viability Assessment and Development Status; Disadvantaged Communities Designation; Independent Evaluator Review; and Public Safety. Consistency with PG&E’s 2016 RPS Procurement Plan
Solar, LLC. PG&E asserts in AL 5126-E that the purpose of the proposed amendment is to avoid project default by extending the COD and FCDS date. The Amendment modifies the original PPA in several aspects: Modifies the delivery term; Modifies the COD and FCDS date; and Modifies annual contract quantities. The amendment does not modify contract price or any technical aspects of the Project. However, the reduction of the delivery term from 20 to 17.25 years and lowering the annual contract quantities results in a reduction in customer payments pursuant to the PPA. The estimated reduction in total customer payments is the difference between the costs detailed in the existing PPA and the estimated costs under the amendment. PG&E requests that the Commission issue a resolution that: Approves the amendment in its entirety, subject to the Commission’s review of PG&E’s administration of the amendment; and Finds that the terms of the amendment are just, reasonable, and in the public interest. Energy Division evaluated the amended Java Solar PPA based on the following criteria: Consistency with PG&E’s 2016 RPS Procurement Plan; Consistency with PG&E’s Least-Cost, Best-Fit Methodology (LCBF); Cost Reasonableness and Net Market Value; Procurement Review Group Participation; Project Viability Assessment and Development Status; Disadvantaged Communities Designation; Independent Evaluator Review; and Public Safety. Consistency with PG&E’s 2016 RPS Procurement Plan
201937667.docx