Bill > AB1273

This bill addresses two main aspects of public utility regulation in California. First, it prohibits the Public Utilities Commission (PUC) from placing decisions that would increase rates for electrical corporations with revenue requirements over $1 billion on the consent agenda, ensuring more transparency and scrutiny of rate increases. The bill also requires the PUC to provide at least a 30-minute public comment period before voting on rate increases that would affect customers by more than 5%. Secondly, the bill modifies the California Renewables Portfolio Standard Program by clarifying that the existing provisions regarding renewable energy procurement by local publicly owned electric utilities will continue to apply to compliance periods established by the State Energy Resources Conservation and Development Commission beyond the original December 31, 2030 deadline. This ensures that local utilities will continue to be required to procure a minimum percentage of their electricity from eligible renewable energy resources, with the goal of reaching 60% renewable energy by 2030, even in extended compliance periods. The bill aims to enhance public participation in utility rate decisions and maintain California's commitment to renewable energy development.

Budget and Finance, Transportation and Infrastructure

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB1273