How much renewable energy can MCE obtain compared to the current utility?
PG&E’S POWER MIX 2007 2008 Eligible Renewable 10% 14% Biomass & Waste <1% 4% Geothermal 2% 5% Small Hydroelectric 6% 3% Solar 0% <1% Wind 2% 2% Non-Renewable 90% 86% Coal 32% 8% Large Hydroelectric 24% 16% Nuclear 3% 22% Natural Gas 31% 39% Other 0% 1% PG&E's eligible renewable power includes biomass, geothermal, solar, wind and small hydroelectric power (See Renewable 101 for more information on renewable energy). State law (the Renewable Portfolio Standard or 'RPS') requires all utilities to increase their percentage of 'eligible renewable' energy to 20% by 2010. Based on indicative pricing from power suppliers and current projections of generation rates, MCE could procure at 25% to 50%of its power from renewable sources at start-up in 2009 and achieve over 50% renewable energy supply within five years while keeping rates at or below the current utility. MCE could achieve this goal by entering into a full requirements contract for energy supply and operational services with an experi