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<br />Exhibit C <br /> <br /> <br />California Public Utilities Commission <br /> <br />505 Van Ness Avenue, San Francisco, CA 94102 <br /> <br />Press Release <br /> <br />FOR IMMEDIATE RELEASE <br />Media Contact: Terrie Prosper, 415.703.1366, news@cpuc.ca.gov <br /> <br />Docket #: R.04-03-01 7 <br /> <br />PUC CREATES GROUNDBREAKING SOLAR ENERGY PROGRAM <br /> <br />SAN FRANCISCO, January 12,2006 - The California Public Utilities Commission (Puq <br />today created the largest solar program of its kind in any state in the country - the California Solar <br />Initiative, a 10-year, $2.9 billion program designed to help California move toward a cleaner energy <br />future and help bring the costs of solar electricity down for California consumers. The goal of the <br />program is to increase the amount of installed solar capacity on rooftops in the state by 3,000 MW <br />by 2017. <br /> <br />"California has long been a leader on environmentally-sound approaches to the provision of <br />energy. We adopted formalized policies on renewable power and energy efficiency in our Energy <br />Action Plans," said PUC President Michael R. Peevey. "The California Solar Initiative continues <br />that tradition with an aggressive new program to promote solar development." <br /> <br />"The California Solar Initiative is the largest solar program in the country and I hope it will <br />be a model for other states," said Commissioner Dian M. Grueneich. "The program will be a major <br />source of dependable and environmentally friendly electricity, and is a major tool in the State's <br />promise to address climate change and meet the Governor's goals to reduce greenhouse gas <br />emissions." <br /> <br />"Today's decision signals California's vote for a cleaner, more reliable energy future," <br />commented Commissioner Rachelle Chong. "Now it's up to Californians to make this a reality by <br />stepping up to the plate to go solar." <br /> <br />The California Solar Initiative includes the following provisions: <br /> <br />. $2.9 billion over a 10-year period in rebates that will decline steadily over that same <br /> <br /> <br />timeframe. Funds will come from electric and gas distribution customers of investor-owned <br /> <br /> <br />utilities, and will go toward the installation of solar photovoltaics initially, with solar hot <br /> <br />California Public Utilities Commission 01/12/06 <br />