Dawn Addis
- Democratic
- Assemblymember
- District 30
Author
Existing law vests the Public Utilities Commission with regulatory authority over public utilities, including electrical corporations and gas corporations. Existing law authorizes the commission to fix the rates and charges for every public utility and requires that those rates and charges be just and reasonable. Existing law, with certain exceptions, prohibits a public utility from changing any rate, except upon a showing before the commission and a finding by the commission that the new rate is justified. With certain exceptions, whenever an electrical corporation or gas corporation files an application to change any rate for the services or commodities furnished by it, existing law requires the corporation to furnish to its affected customers a notice of its application to the commission for approval of the new rate. This bill would require an electrical corporation's or gas corporation's application requesting authorization for or recovery of capital expenditures to include, if the commission determines these estimates are required, its best estimate of the application's impact on its annual revenue requirement for each year that the capital expenditures described in the application are expected to remain in the application's rate base if the application is approved or conditionally approved and the net present value of those impacts. The bill would require the commission to determine in a scoping ruling or other ruling whether an application from an electrical corporation or gas corporation requesting authorization for or recovery of capital expenditures requires these estimates. The bill would further require the commission to require the electrical corporation or gas corporation to provide supporting workpapers and calculations for these estimates. Under existing law, a violation of the Public Utilities Act or any order, decision, rule, direction, demand, or requirement of the commission is a crime. Because the above-described requirements would be a part of the act, and because a violation of a commission action implementing the above-described requirements would be a crime, the bill would impose a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason.
Chaptered by Secretary of State - Chapter 578, Statutes of 2024.
Approved by the Governor.
Enrolled and presented to the Governor at 3:30 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 57. Noes 11.).
Read third time. Passed. Ordered to the Assembly. (Ayes 32. Noes 8.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.
Read second time. Ordered to third reading.
From committee: Be ordered to second reading pursuant to Senate Rule 28.8.
Read second time and amended. Re-referred to Com. on APPR.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 15. Noes 3.) (July 2).
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 52. Noes 11. Page 5303.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 11. Noes 3.) (May 1).
From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 2.) (April 3). Re-referred to Com. on APPR.
Coauthors revised.
From committee chair, with author's amendments: Amend, and re-refer to Com. on U. & E. Read second time and amended.
From printer. May be heard in committee March 17.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB2847 | HTML |
| 02/15/24 - Introduced | |
| 03/21/24 - Amended Assembly | |
| 07/03/24 - Amended Senate | |
| 08/28/24 - Enrolled | |
| 09/25/24 - Chaptered |
| Document | Format |
|---|---|
| 04/02/24- Assembly Committee on Utilities and Energy | |
| 04/30/24- Assembly Appropriations | |
| 05/03/24- ASSEMBLY FLOOR ANALYSIS | |
| 06/28/24- Senate Energy, Utilities and Communications | |
| 08/07/24- Sen. Floor Analyses | |
| 08/21/24- ASSEMBLY FLOOR ANALYSIS |
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