San Jose Municipal Code Ch. 26.10 Definitions

The definitions set forth in this Part shall govern the application and interpretation of this Title.

(Ord. 30904.)

"CAISO" means the California Independent System Operator Corporation or successor entity responsible for the operation of the electric grid.

(Ord. 30904.)

"Energy Department" means the department established under Part 46 of Chapter 2.04 of Title 2 of this Code.

(Ords. 30904, 30956.)

"Counterparty" means the other party to an agreement with the City for the purchase or sale of Power Products.

(Ord. 30904.)

"CPUC" means the California Public Utilities Commission or successor agency.

(Ord. 30904.)

"Director" means the Director of the Energy Department.

(Ords. 30904, 30956.)

"Energy Risk Management Policy" or "ERMP" means the Council Policy 1-23 initially adopted on May 1, 2018.

(Ord. 30904.)

"Investor-Owned Utility" or "IOU" means a for-profit investor-owned electrical corporation under the jurisdiction of the CPUC and with service area in the City.

(Ord. 30904.)

"Long-Term Agreement" means an agreement for the purchase or sale of Power Products with a term of 10 or more years.

(Ord. 30904.)

"Master Power Purchase and Sale Agreement" means a form agreement commonly employed in the energy industry such as those published by the Edison Electric Institute or the WSPP Inc., the use of which is periodically authorized by resolution of the City Council.

(Ord. 30904.)

"Medium-Term Agreement" means an agreement for the purchase or sale of Power Products with a term of more than three years and less than 10 years, including agreements that incorporate by reference standard terms from Master Power Purchase and Sale Agreements.

(Ord. 30904.)

"Power Charge Indifference Adjustment" or "PCIA" is a fee set by the CPUC annually and paid by all SJCE electricity customers to the IOU to offset the difference between above-market costs related to legacy power supply commitments and today's market value for those resources.

(Ord. 30904.)

"Power Products" means energy, renewable energy, clean power attributes, capacity, resource adequacy, energy efficiency, demand response, energy load shaping, energy storage, transmission, import capability, fuel related to energy purchases, ancillary services in support of interconnected operations (as defined in the California Independent System Operator Corporation, Fifth Replacement Electronic Tariff or its successor tariff), and similar energy market products required to serve load and comply with regulatory obligations.

(Ord. 30904.)

"Renewables Portfolio Standard" or "RPS" means the state mandate for load serving entities to procure energy from eligible renewable energy resources under the California Public Utilities Code section 399.11 et seq. and California Public Resources Code sections 25740 through 25751, as may be amended and supplemented from time to time, and as implemented by the California Public Utilities Commission and the California Energy Commission.

(Ord. 30904.)

"San José Clean Energy" or "SJCE" means the Community Choice Aggregation program created by this Title.

(Ord. 30904.)

"San José Clean Energy Operating Fund" means the fund established pursuant to Part 63 of Chapter 4.80 of this Code.

(Ord. 30904.)

"Short-Term Agreement" means an agreement for the purchase or sale of Power Products with a term of three years or less, including agreements that incorporate by reference standard terms from Master Power Purchase and Sale Agreements.

(Ord. 30904.)

"Speculative Buying and Selling" is defined as the purchase or sale of Power Products not reasonably anticipated to be used for meeting forecasted retail loads, commercial commitments, risk management, regulatory requirements, or to achieve City Council goals at the time of the agreement.

(Ord. 30904.)

"Tariff" means price structure or rates for various customer programs under terms, conditions and pricing as may be developed by SJCE.

(Ord. 30904.)