that bill was heard in assembly utilities commerce committee on monday with the vote being picked up at the end of the hearing and moves on to its next committee, which is the local government committee. i understand actually mr. fried was there. i was not. so he may have some additional input for you on that piece of legislations. the second piece is assemblyman bradford's ab 2145. this bill would change the opt-out process that is currently part of the community choice aggregation law and regulatory regime to opt-in process. the bill was not addressed at the hearing on monday. we have not heard if or when chair bradford will be putting it back on the calendar. so that one is lying to the side at this point. >> is there a position the public utilities commission have a position on that or the mayor's office? >> the public utilities commission has not taken a position on either of these bills. >> do you know if the mayor's office has? >> i don't believe they have taken a position on either bills either. >> there was a vote that happened at the air district and was added to the -- the

you own utilities in your portfolio? joining us now is james key, president of south texas money management. mr. key, utilities are at an all-time highs earlier today. certainly multi-year highs. is their run the best part behind them? >> well, the right way to look at valuation on utilities is probably their dividend yield compared with other alternatives like ten-year treasuries. you know, utilities are kind of a bond-like stock. but the way to think there it, i think it is instructive to look at it. in the first quarter, who thought about that in the beginning,Ñi you know, nobody, r firm at south texas money management, the momentum stocks like the biotech stocks, the utilities are forever trading off alternative trading places, rather than trying to outsmart the market, trying to get in or out, trying to figure out when they're over or under-valued. own both, always own some utilities, always own some all-sector in your portfolio. that is why we tilted a little more in the utilities this month when we started to see

and, of course, municipal utilities. it just doesn't make sense a small co-op with minimal infrastructure to be subject to the same requirements as larger suppliers. we must keep that in view. our second panel will focus on different aspects of the reliability challenge, whether or not a sufficient generation and unfettered transmission to keep the lights on when electricity demand seat throughout the country. senator manchin and senator franken have been particularly focus on this issue. the adequacy of power generation differs a great deal from region to region. so rather than tackling the entire issue at once, at the request of senator manchin who is here today, we will look at the impact of coal-fired generation requirements on the reliability during the polar vortex or the vichy but i appreciate all the senators concerned regarding the threat to reliability from coal-fired plant retirements caused by new environmental standards as well as competition from the gas markets. the question of coal retirement is multiface

once an application it submitted the utilizes are to wait until they get an e-mail and it's okay to go to the next step in the process and give public notice. at&t's extreme low committed to the process. so typically what happens in this process is that at&t provides public notice in underlings flyers and reached >> out to neighborhood associations and holds town hall meetings and does box walks with local resident. the purchase is to go out and get community input to people see the proposed location but the neighborhood is also walked to pick out alternative locates. during this period there's a 20 day period to put in written objections. the hearing officer get input from the community and input from public works and at&t. one thing i'll pout one factor it's common to all 21 appeals mr. wong appeared and said it at&t's application was in corners with the technical requirement of the sf order. at the end of the hearing the hearing officer can do a couple of things make a recommendation or if he upstairs it's appropriate he can hold the hearing occupying open 20 days and take written p

and communication between the public utilities commission, energy enterprise and shell? >> we have communicated both formally and informally through theirs letters and i believe i alluded to that at the joint meeting that we had. if you would like me to provide a copy of that i can provide a copy of the formal correspondence. >> what was the upshod of the correspondence? >> so let them know it didn't appear we were launching our program. >> did that severe the contract or put on hold or the nature of the relationship as codified by the contract or nullified by the letter of the contract? >> i think it would be fair to say that we weren't holding them to their offer to provide service under the terms that we had negotiated. >> okay. >> thank you. >> thank you, i appreciate your responses. thank you. >> you bet. >> any other parts to the presentation, miss miller? >> my staff report links the next three items together, 3, 4 and 5 and we could call those and do the presentation as well. >> let's keep this item open and we'll add the next three item 4, 5 and 6. >> thank you.

and canadian utilities as well.for very legitimate reasons, we often have different views on the policy issues facing our industry, but we all have come together on grid security. we all supported section 215 that was passed in the energy policy act of 2005. and given the changing nature of threats to the grid, we have also worked with doe and dhs to develop the electricity sub sector coordinating council which i'll discuss later. the overall reliability of the bulk electric system, or put simply keeping the lights on for both ourselves and our neighbors, is of paramount importance to electric utilities. because electricity is produced and consumed instantaneously and follows the path of least impee dense, insuring grid security is a collective affair. cyber attacks, meteorological events, potential terrorist events, they've driven much of the discussion in recent years, but utilities have for decades planned for physical threats. unlike cybersecurity threats, threats to physical infrastructure have been around for

groups buying access to the power of the public utilities commission.you were supposed to speak to senators today about the safety of the puc. instead you spent the day here in napa. >> reporter: they questioned the decision to ignore the request to talk to state senators last year and instead spend the day in napa with one of the special interest groups that fund one of many of his trips outside of the country. >> you spent time with the utilities you are paid to regular sglat there's no utilities that i know of. >> pg&e. >> maybe one person, i don't know. >> reporter: the question center on buying influence, california taxpayers pay him to regulate. >> it aims to refocus public officials on their jobs, not their frequent flyer accounts. >> reporter: senator hill was supported by utility watch dog and calling for limits on the amount of gifts and travel elected and state officials can receive from special interest groups. records show since 2003, mr. peevey accepted $230,000 in trips and gifts and traveled out of his office more than 200 days. >> there

sfpuc has become a model for utilities across the country. this is a direct result of juliet being in this position and removing her would be devastating to the future of the sfpuc as well as the future of san francisco residents. second, the resolution states that article 2 of the bylaws mandates that "the mission of the ethics commission is to practice and promote the highest standards of ethical behavior in government. the remaining portion of the sentence as it appears in your bylaws which is not quoted in the resolution states, "and to pro he moat a work environment that values health, wellness and diversity. removing juliet, a strong woman of color which should be noted as relatively rare in the utilities field would certainly not promote this mission -- promote this mission of diversity and would likely run contrary to it. with this resolution also fails to mention is this ethics commission through your own code of ethics also commits itself to one encouraging and promoting integrity in government by education and example, two, fairly

and two sets the rates for utilities and those that govern them. to determine how much they pay and who pays and state commissioners take this role very seriously it is solely a responsibility. my colleagues and i must weigh the cost of every proposed improvement to the system jurisdiction against the risk and benefit of how these will impact consumers. in the end we but all like to have the safest most reliable system possible and that is everyone's goal. we're doing a tremendous level of the reach and education through workshops, seminars, training scam a participation and more. we are incorporating some of multitude of challenges the industry faces and also preparing for new federal emissions reductions rules with different impacts from the country. while many states and taking great efforts to reduce carbon emissions well in advance of any federal environmental regulation some of my colleagues have concerns regarding local reliability issues due to the retirement of coal-fired generation. state commission seek investment that will defer the bes

and the public utilities commission clerk is donna hood. so, with that i welcome everyone to our joint meeting. this meeting is to get an update. okay, let's do that first. >> vice president caen? >> here. >> commissioner vietor? >> here. >> commissioner moran? >> here. >> president courtney and commissioner torres are excused from today's meeting and we have a quorum. >> very good. we have a quorum for both. so, colleagues, we welcome you to our meeting today. really our meeting is a chance to have a long awaited joint commission meet tog hear about issues that are relative to both lafco and our work around cca and keeping that program going as well as issues within the puc of the power enterprise department. i know there has been a lot of discussion about where power enterprise is and is in need of some greater attention from the public utilities commission. and our, our goal with lafco is to make sure whatever resource he we might be able to help to understand with the power enterprise and also help with the decision making with the powe

utility companies do not like that.solar power users aren't paying their fair share of infrastructure costs so utility companies have lobbied state legislatures in plenty of states across the country, including oklahoma, to tax you. you see, utility companies call it a fee. or a supercharge, but it's basically a monthly tax. and hat does that do? it makes solar less appealing. because there is no bigger threat to utility companies in the world than cheap, efficient solar energy. it blows the doors off the whole system. and look at what is happening to solar. solar production costs per watt have been dropping and continue to drop. someone is installing a solar power system in the u.s. every four minutes. that is why conservative groups like alec and industry groups have been pushing legislation from california to maine to tax people who are using solar. joining me now, founder of sun edison and author of creating climate wealth. do utility companies have a point here? are you a moocher if you put solar panels on your roo

maybe 20 utility people. i can't tell you exactly what we talked about. -- on the other hand >> give us a hint. -- just b did in energy to be to energy resources. what was exciting was there was a lot of consent. -- they are working with the states on this. it wasn't just new jersey type of states. there was wyoming. very diverse groups. different ways of people. wish, wouldd your you expect and hope that the epa rule will allow credit for reduction outside of par production? do you expect that? >> i haven't asked the epa about that. i expect that to be the case. >> that is a critical component of where we can see reductions. , thee low hanging fruit energy efficiency hanging side. we have picked some of that fruit. we are not looking hard at the multiyear initiatives. some of the deeper investments. i think it is critical that we look at those areas when we are talking about it. >> they went way beyond reggie. they take in the carbon. the whole the carbon. it is critical. i knew the energy master plan. those

not surprising we are seeing these gains in utilities.mentum stocks. utilities underperformed last year, and if you think the rates are going to continue to be low, maybe avoid some of the volatility, analysts, of course, say utilities could be a solid trade. also don't forget one of the best parts about utilities, the juicy cash flow. in fact more than 80% of utilities offer dividends of more than 3%, so something to consider, scott. >> thank you so much, sheila. doc? >> i bought some duke energy, about you i flipped it already. i sold it. that was one of those with an extended range, a larger than expected range when our computers calculate second by second. when we see it making that extraordinary move to the downside i'm going, if it pop to the up side, i would sell it. i'll sell a pop as fast as i'll buy a drop. >> i would take the other side of the dip -- of the utility love. i think it's really problematic to be investing in the rear-view mirror. they've been winners so far this year, but here's your problem, they're selling 17 tim

utilities are looking for new ways to profit.hat they have worked out with the regulators in 30 states across the u.s. is this mechanism where when they invest in energy efficient programs to help consumers like you and i save energy they not only get their money back they get bashed their money back, to get a rate of return that is greater than if they had just delivered the energy. they get a rate of return that is greater than if they had just a liver the energy. >> you guys into deuce your first product in 2007. what has changed technologically and if you have been able to change or new business with new technology? >> a lot has changed in within the utility industry, one major trend is that smart meters have rolled out increasingly across the globe. in the u.s. more than one third of homes have smart meters. that gives us an enormous amount of data to work with. over 52 million consumers worth of energy data, which we believe is the largest dataset of the time and the planet. , what dovetails is the innovation around virtual

you spent time with the utilities you're paid to regulate. >> there's no utilities that i know of. >>s here. >> maybe one person. >> reporter: the question centers on buying influence, creating an appearance of a cozy relationship with the utility, california, taxpayers pay him to regulate. >> sb 831 aims to refocus public officials on their jobs. not their frequent flyer accounts. >> reporter: senator hill was supported by utility watchdog group clurn for calling for limits on the amount of travel elected officials can receive. records show since 2003 he has accepted more than $230,000 in trips and gifts and traveled out of his office more than 200 days. >> there's one thing to throw a watchdog a bone and it's another thing to throw a watchdog filet mignon and that is what is happening with these trips. >> mr. peevey is aware he has been criticized for these trips and hasn't changed. >> that's an arrogance and the feeling that certainly he's comfortable in his job but that job ends the end of this year. >> reporter: mr. peevey was not available to comment on the proposed change in th

seems like that's already practice within the public utilities commission to practice -- >> yes, it's the practice to in the energy market and sf. coming back to actions and options, i want to spend time on the new revenue source line there. and that gets us to looking at what are our opportunities. we've been talking through this presentation about commercial retail enterprise level paying customers. sort of how did we arrive at that. what this slide shows is four different types of sales. wholesale, clean power sf, large commercial retail. so, the top column. and it shows -- it walks through the price it sold for at the top line, the transmission and distribution costs that occurred. so, those are deducted from the sale rate to arrive at a gross margin. and then we factor in other costs, costs of hetchy power, for example, local build and repayment stream, and we arrive at a net margin we look at these different types of sales opportunities. so, if you have a kilowatt hour hetch hetchy power, where did you make the most sense to deliver from that power? it you can deliver from the w

they have to be placed within 3 hundred feet of the utility cabinets that are already there. you know the benefit obviously of moving from fiber to from copper to a fiber network is that it allows people s to have all the device working in an iv platform >> thank you. commissioners the group 3 appeals are submitted. >> their subsequentially drift from the first 2 groups. i'll add with regard to the 5 will 85 issue i still feel that it's noted positive here i'm not persuaded by the argument of the appellant for the reasons stated in the dpw brief i don't think there's ann been a violation so i guess i'll have the same motion to deny the appeals >> okay. so for those 3 group appeals the vice president 0 denies the appeals for the permits were appropriating denied sxhun. commissioner hwang commissioner president lazarus. and commissioner honda >> okay. so that motions passes 4 to zero. >> i'd like to take a 5 minute break. >> okay. we're going to take a 5 minute break. >> we're going returning and we're calling four cases. at the 1335 mission street and mr. george you have 3 min

do not and so while we do have utility agreements, and we go to meet ands talk about it all of the time, how to trigger the mutual aid and we kind of have to figure out in that moment, so if you have the agreements figure out how to use them before the event and communications just very important to be able to communicate to your stake holders and to or for us the wholesale customers and the public and the media and etc.. finally on recovery the list is not long now because we are up to here in recovery right now. but, what we are learning is that data management and tracking at the most... level is what you need to do and that documentation of what you are doing, is incredibly important to be able to recover any sort of funding whether it is insurance, or government public assistance. and to that end, we are partners with the controller's office to develop city-wide training on finance and admin and cost recovery that we will be doing, in july or august of this year and so, we are definitely taking the lessons learned and train those around. but, we are going to be in this for some tim

. >>> it was another good day for investors in utility stocks, the s&p utility index closed higher again during the recent market selloff, the investor money has been pouring into utilities thanks to their high dividends, and some of the big names like duke energy, first energy and conn energy are seeing themselves safely in the green. >>> and more exposure to hackers as microsoft stops giving tech support for its windows xp software, it is still used by many power companies, more on who is vulnerable and what is being done about it. >> with windows xp, we're taking it to a whole new level. >> a 12-year run comes to an end. as of today you can keep using window's xp, but microsoft will no longer offer technical help if you get into trouble with the old operating system. microsoft wants customers to migrate from window's xp to more moderate systems such as windows 1, the operating system has an estimated 30% market share. but with technical support coming to a halt, some cyber security experts are voicing concern, they say microsoft's decision could expose companies that still rely on win

i thank the public utilities commission staff for their hard work it's important to break ground with water drought on record developing the water supply is an important strategy during the drought. the project will install up to 6 deep ground water wells on the west side of city. ground water from those wells will be mixed with our own hetch hetchy water in the reservoirs and when the project is complete that sta that state diversity 4 million gallons per day. the project will help us reduce our depends on on importing water especially during an earthquake or other major indicate fizz. this legislation will help to insure that all san franciscans will have clean water drinking water that's been a priority for my office i thank the public utilities commission. so steve will further describe the project and presented a minor project as well >> thank you, supervisor for the kind words. if you have any questions i thank members and supervisors it's important as supervisor mar mentioned we're here to talk about two pieces of legislation that we need to implement the approving the construc

most fish oil comes in an ethyl ester form that is bound and our body cannot utilize it readily. this is the reason why fish oil pills have to be so big. omega xl is a small, safe, easy to swallow gel capsule that can go directly into your system and will effectively reduce your inflammation. fish oils generally though have an after taste. it causes, and it also causes burping because i use to have a problem with that and i don't anymore. does your product have these side effects? no it really doesn't. i'll tell you why. we brought some fish oil capsules. these are the standard fish oil capsules with a thousand milligram. anybody who takes fish oil product knows this product. exactly. or you can take the small omega xl capsule with 1 of these is equivalent to 10 of these. let me pour 10 in your hand larry. you'd have to take all 10 of these to get the benefits of 1 small omega xl capsule. so women and children and men, nobody wants to swallow 10 minivans if you will. well how do you get all this in this? well i think the doctor can answer that. why it's such a unique formulation.

. >> we work with utilities all around the globe to give them better information about energy use and improve customer satisfaction and help them retain companies in a competitive market. it helps them help their consumers save utility which is counterintuitive that a large part of the industry. >> the construction of new power plants is so difficult for all sorts of environmental and legal reasons. is that sort of the ultimate poll for your service, the power companies want to increase the power available? >> that is a good way to think about it. what you have seen in the last 80 years, the bulk, the entire electric and gas industry, these utilities counted on demand going up every year so that the build new power plants and make more money by getting a return. that is not an option anymore. nobody was the power play to build in that our city. as a look for new ways to profit, they have worked it out with the regulators as 30 states across the united states and the country, a mechanism when they invest in efficiency programs to help consumers like you and i save energy, they not only

questions out there whether the state agencies who are in charge of overseeing utility and utility safety are doing their job and we'll talk about that more later on. >>> many san franciscans in a huff about shuttle buses. >>> the latest on one potential solution. >>> debate over minimum wage. how high should it go? the pros and cons of bringing people up a notch. >>> and 8:30 after our newscast. stay tuned for face the nation with the latest shooting at fort hood, texas. we'll be right back. ,,,,,,,,,,,, stat n francisc >>> taking a live look from our roof cam at the bay bridge. it will be a sunny and warm day around the bay area. your forecast, first pitch 1:05 p.m. 72, couldn't ask for better weather for a baseball game. >>> state senator yee of san francisco is set to appear in federal court on tuesday for an arraignment. a grand jury indicted yee on friday along with shrimp boy chow and 27 other defendants. he is facing accusations of accepting bribes. faces charges of money laundering and receiving stolen property. >> it reads like something out of a novel. to get inside on developi

and it would include the utility. the particular matter, let me ask you this, with regard to those regulations, were they doing to help understand the reliability? >> we tried to be a source of reliability expertise and a lot of our work has been focused on that because that has such a short time. and we have had meetings on this and a lot of this focuses on greenhouse gas. so i think as rules are developed that we need to be commenters in this stage, such as those that are coming out june 2 to make sure that those rules are achievable by reliability can be preserved and then if you look at the greenhouse gas rules they make changes for the markets and in the structure as those rules come in. i'm looking to make sure t i'm looking to make sure that we are keeping a. >> the front and i hope that you will do not just commenting that analysis for them is what the impact is. we talk about a lot. this is certainly reliability of a cost and a price spike and we didn't talk about potential which is also therefore brownout an

i'm francesca vitov, i'm a member of the san francisco public utilities commission. it's my understanding there was a settlement that was reached on this case and that juliet ellis paid her fineses and this matter was put to rest and that was the position of our commission, was accepting the fines, accepting the contract that was signed between this commission and juliet ellis. so, i urge you to reject this resolution. i also want to speak on behalf of juliet ellis as a colleague. we served on the commission together before she was appointed as assistant general manager. she spearheaded the effort to draft and adopt the environmental justice resolution that the san francisco public utilities commission passed as well as the community and benefits resolution. these two resolutions are pioneering, groundbreaking resolutions in the country. and then she stepped down to be able to implement those two resolutions and to develop them into programs. the community benefits program, everybody in the country is looking at the implementation. it's creating jobs. it's creating o

, electric utilities operate their system. electric utility system are interconnected and a problem on one entity system can cascade into another's. with the reliability council, what they're trying to do is make sure that that cascading does not happen and all the systems individually are operated in a way to keep their problems within their own assets. and, so, in order to comply with new rules that are coming out to address those reliability concerns, we have included in our ten-year capital plan an increase of 32.4 million to address the needed improvements. so, again, we had anticipated almost 27 million, but with the changes in regulations it needs to increase by 32.4. unanticipated at that level. and as we face all of these challenges, we still have the ongoing obligations and responsibilities that the federal law and the city charter have placed on us to operate our hetch hetchy system responsibly to the benefit of san francisco's businesses and residents. and with a focus on meeting the public interest and the necessi

the abe administration wants to boost the economy by utilizing information from surveillance cameras and other devices while protecting privacy. >> translator: you may feel uneasy if you are identified, but if individual identifications are decreased and there's no harm to the identified person, i think it's good for corporations to fully utilize personal information in order to grow. >> reporter: but an expert says japan's legislation is vague compared with the directives of the eu. they prohibit the collection of personal information obtained from surveillance cameras without the person's content and provide the right to request disclosure. >> translator: it seems the government wants to sell systems overseas, but if they ease regulations to make that easier, it would increase public resistance that would have a negative impact. >> reporter: political and industry leaders have various opinions on how to balance the use of personal data and protecting privacy. it is just one example of the challenges advanced technology poses for our society. >> that is going to do it for biz this h

>> we run into those cables and it's used with that so there's a lot of things going on on a utility pole. so we've got those sky wires, we've got the overhead cable so we're pretty much -- >> it's just a battery though, right? >> they're just back up batteries in case power goes down? >> what about down low? >> we can perhaps, we just have to make sure if there are large, high trucks, we'd have to make sure there's proper clearance. >> are you finished with your presentation? >> i am, so i leave that alternate decision for you to -- >> thank you. >> i have questions. commission hwang, are you finished? >> if you split it to another pole, isn't that a separate permit? >> i think i'd ask you if you have within your jurisdiction to be able to make that as a con dition to your permit. >> that wasn't my primary question, but the -- your diagrams for gaps in the coverage, is that predicated on streaming media and other things that you folks are now offering? >> so -- >> which requires a lot more band width. >> it's really based on the changing customer needs in terms of what customers are

that multifamilies -- because they have a single meter it's very difficult to translate that to utilization level at the either the apartment level or the condo level and have that as a signal for future conservation or future awareness of the rates as well. recommends rates as proposed by staff we also recommend that there be sufficient detail in the consultant staff reports for clear references for subsequent rate studies particularly the fire rate as i mentioned earlier that we develop prop 218 compliant funding for low income households and that we enlist the study of both current and possible future conservation signals for multifamilies that's a concern in light of the fact that most housing coming on online in the next 3 to 5 years will be multifamily. and a big number of those will be multifamilies that are affordable or low income and that will have to actually pay the rates they will not be protected through the landlord situation or condo situation what's going to happen is that the affordable units households will actually have to pay for their water usage through the hoa fee an

>> as a municipal utility, we are barred from making a profit. so, that makes us unique compared to -- >> so, we're subsidizing it now. so, that's my concern is right now based on the rates that we're charging, we're subsidizing our water, our power, our sewer and that's just bad business. >> we cannot subsidize the cross-water power and sewer. each one of those three has to pay their own share -- >> but they're not. we're, we're asking for general fund revenues. we're subsidizing it with grants. we're looking at bonds and all kinds of other resources to pay for infrastructure needs. and, so, the rates are not covering the costs. >> you, supervisor breed, are correct. in the power enterprise, for the power enterprise work, the general fund rates are not paying for the general fund related costs. >> okay. the general fund related costs, but what about the other power rates that we charge to other customers? >> for example, our customers in hunters point, the shipyard area, the parse away, we are providing them power at about 15% cheaper than pg&e

what you have seen in the last , the entiree bulk electric and gas industry, these utilities counted on demand going up every year so that the build new power plants and make more money by getting a return. that is not an option anymore. nobody was the power play to build in that our city. as a look for new ways to profit, they have worked it out with the regulators as 30 states across the united states and the country, a mechanism when they invest in efficiency programs to help consumers like you and i save energy, they not only get their money back on monday get a rate of return that is greater get a rateck, they of return that is greater. innovationme policy that transforms the way utilities can help people save energy at healthy environment by reducing emissions. >> you introduce your first product in a 2007. what technologically have to change your business and technology? >> a lot has changed. within the utility industry, one a major trend has been excited is smart meters have rolled out increasingly around the globe. the u.s., more than 1/3, that gives us an enormous amount of

can talk a little bit later about how that may mask any degree of signaling to the public around utilization because whether or not we conserve a little more that's not going to bring the rate down because a large portion of it is coming from the capital increases due to water and potential wastewater. we were able to look at in detail that all services are recovered in the rate and the rate increases are smoothed out over a 4-year period. we looked at opportunities to defer to make sure -- that we're going to have to have these rate increases and we looked at the actual scenario would have driven the rate so dramatically that smoothing out was by far the most fair and that we have to raise them over time rather than all at once or all later on. as mentioned before, there are some changes to the rate structure. tier one customers are going to increase and we looked at largely through a bell curve as commissioner moran indicated to see where that falls and we found changing to the 4 cf rate was the right way to go given that that's where the majority of the utilization was in the profile the