In decisions reached in 2011 and 2012, the California Public Utilities Commission (CPUC) adopted the Electric Program Investment Charge (EPIC). These decisions provide the framework for funding investments in applied research and development, technology demonstration and deployment, and market facilitation of clean energy technologies and approaches.
The EPIC Program will provide public interest investments in clean energy technologies and approaches for the benefit of electricity ratepayers of California’s three largest electric investor owned utilities – Pacific Gas and Electric Company, San Diego Gas & Electric Company, and Southern California Edison Company. Funding will be collected at the rate of $162 million per year between January 1, 2013 and December 31, 2020. All funds are administered under the oversight of the CPUC, with the investor owned utilities and the California Energy Commission (CEC) designated as the program administrators.
The current EPIC Investment Plan is organized by funding area. Proposed initiatives are grouped under strategic objectives. Through this plan, the CEC intends to issue solicitations in all strategic objectives. To review the plan, you may visit: http://research.ucsd.edu/_files/Chapter3.pdf
