Bill > SB330

This bill aims to address California's high electricity rates and transmission infrastructure needs by authorizing the Governor to establish pilot projects for developing, financing, and operating electrical transmission infrastructure. The bill recognizes that the state requires between $45.8 billion and $63.2 billion in new transmission infrastructure to meet clean energy goals by 2045, and seeks to reduce costs to ratepayers through alternative approaches like public-private partnerships and public financing. The pilot projects must meet specific criteria, including being identified by the Independent System Operator as necessary for supporting clean energy generation and providing significant cost reductions. The Governor would designate existing state agencies, local public agencies, tribal organizations, or joint powers authorities to implement these projects, which can develop, finance, operate, and maintain electrical transmission lines. The bill allows these transmission lines to be leased or sold, but requires they remain under the control of a California balancing authority. Local public agencies can apply to implement pilot projects, and any agency doing so must seek a revenue requirement that reflects actual capital costs to minimize transmission access charges. Before implementation, the Governor must submit each pilot project determination to the Joint Legislative Budget Committee for review, with the project being deemed eligible if the committee does not respond within 30 days.

Agriculture and Natural Resources, Budget and Finance, Transportation and Infrastructure

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB330