Existing law requires, on or before December 31, 2026, the Public Utilities Commission (PUC) , in consultation with the State Energy Resources Conservation and Development Commission, to develop a framework for assessing, tracking, and analyzing total annual energy costs paid by residential households, as specified, and requires the PUC to submit a report to the Legislature containing the framework. Existing law authorizes the PUC to use the framework for purposes of evaluating any request by an electrical corporation and gas corporation to track new spending eligible for recovery or to adjust a revenue requirement. Existing law requires the PUC, in evaluating the request, to consider whether the electrical corporation and gas corporation should take additional actions to achieve certain reductions in total annual energy costs specified in the framework.
This bill would require the PUC to submit an update to that report to the Legislature every two years following the initial submission, providing an evaluation of the implementation and impact of the framework, and the usage of the framework, identifying the specific requests by an electrical corporation or gas corporation for which the framework was employed by the PUC in evaluating the requests.
Statutes affected: AB 825: 369.5 PUC
02/19/25 - Introduced: 369.5 PUC