Bill > AB825

This bill creates a comprehensive framework for improving California's energy infrastructure and transmission projects through several key initiatives. The bill establishes a Public Transmission Financing Program administered by the California Infrastructure and Economic Development Bank to provide financial assistance for transmission projects, with a focus on public ownership and ratepayer savings. It creates a new Public Transmission Financing Fund to support these efforts and allows public entities to partner with electrical corporations in developing transmission infrastructure. The bill also introduces a Permitting Local Assistance for Clean Energy Program to help expedite local government permitting of clean energy projects and establishes a Statewide Demand Side Management Program Review Task Force to evaluate and streamline energy efficiency programs. Additionally, the legislation includes provisions for wildfire mitigation, including requirements for electrical corporations to submit more detailed wildfire prevention plans and restrictions on including certain infrastructure investments in utility rate bases. The bill aims to reduce ratepayer costs, improve energy infrastructure resilience, and support the state's clean energy goals by creating new financing mechanisms and streamlining regulatory processes for energy projects.

Budget and Finance, Transportation and Infrastructure

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB825