This bill prohibits the inclusion of certain costs associated with the kilowatt-hour credit and commercial and institutional net energy billing programs in the operating expenses of a transmission and distribution utility. The bill requires the Public Utilities Commission to adopt routine technical rules to establish a process by which kilowatt-hour credit program costs and commercial and institutional program costs, less monetized benefits, are distributed to transmission and distribution utilities and distributed generation resources, as applicable. The bill establishes the Net Energy Billing Cost Stabilization Fund for the purposes of receiving General Fund appropriations for payments for kilowatt-hour credit program costs and commercial and institutional program costs and any overpayments returned by transmission and distribution utilities.