PG&E To Purchase Renewable Energy To Meet Customers' Needs

San Francisco, CA — Pacific Gas and Electric Company has announced that it expects to issue a Request for Offers (RFO) on August 4th, to solicit renewable energy on behalf of its electric customers. This marks the company's third renewable energy solicitation pursuant to the State of California Renewable Portfolio Standard (RPS) program.

PG&E has a long history of developing, generating, and purchasing clean, renewable sources of power. The utility currently supplies 31 percent of its customer load from renewable resources-18 percent from its large hydroelectric facilities and 13 percent from small hydro and other renewable resources that qualify under California's RPS Program -- one of the highest volumes of any utility in the United States. In total, roughly half of PG&E's retail load is served from generating resources that have no CO2 emissions that contribute to global warming.

PG&E expects to issue its solicitation on August 4th with the goal of entering into contracts by the end of the year. At that time, interested parties may obtain bid documents at PG&E's RFO website http://www.pge.com/renewablesrfo . Details about the solicitation process will be available on the website. PG&E looks forward to receiving a broad range of competitive products from prospective renewable energy suppliers. Typical sources of renewable energy include power generated from solar, wind, small hydroelectric, geothermal, biomass, landfill gas, and various ocean technologies.

SOURCE: Pacific Gas and Electric Company