CA AB2696

Relocates local publicly owned electric utility solar initiative requirements from electrical restructuring provisions to California Solar Initiative provisions in the Public Utilities Code.

Moves feed-in tariff requirements for local publicly owned utilities serving 75,000+ customers to the California Renewables Portfolio Standard Program section, maintaining the 750 megawatt statewide capacity cap.

Requires local publicly owned utilities to adopt solar initiative programs with monetary incentives of at least $2.80 per installed watt (declining 7% annually) and establishes $784 million total spending cap based on each utility's proportion of statewide load.

Authorizes local publicly owned utilities to operate community solar programs allowing customers to offset electricity demand with off-site solar systems up to 5 megawatts, subject to specific capacity and incentive limitations.

Makes conforming and technical changes to net energy metering provisions and electricity source disclosure requirements for retail suppliers.