Plain English Breakdown
The exact definition of 'affordable housing project' is referenced but not provided in the summary text.
Faster Power Connections for Affordable Housing
This law requires electric companies to connect affordable housing projects to the power grid within 60 days and delays rate increases if they miss specific deadlines.
What This Bill Does
- Requires electrical corporations to connect defined affordable housing projects to the distribution grid within 60 days, with some exceptions.
- Directs the Public Utilities Commission to speed up reviews for vacant, ready-to-connect projects that were not connected in time.
- Delays approved rate increases if an electric company takes too long to provide a final contract or make a connection.
Who It Names or Affects
- Electrical corporations
- Affordable housing projects as defined by the law
- The Public Utilities Commission
Terms To Know
- Public Utilities Commission
- The state agency with authority to regulate public utilities like electric companies.
- Affordable housing project
- A building or development defined by the law as providing low-cost homes for residents.
Limits and Unknowns
- The specific definition of 'affordable housing project' is not detailed in this summary.
- These rules will end on January 1, 2029.
- Exceptions to the 60-day connection rule exist but are not listed here.