Plain English Breakdown
The effective date is unknown as it was not provided in the source material.
AB-2623: Longer Notice for Public Utility Rate Changes
This law requires public utilities in California to give the state and the public at least 60 days of notice before changing rates or services, instead of the current 30-day requirement.
What This Bill Does
- Changes the required advance notice for rate changes from 30 days to 60 days.
- Requires utilities to send this longer notice to both the Public Utilities Commission and the public.
- Keeps it a crime if a utility fails to give the proper notice before changing rates or rules.
- Makes small, non-substantive changes to how the State Air Resources Board is authorized to act.
Who It Names or Affects
- Public utilities that provide services in California.
- The Public Utilities Commission, which regulates these companies.
- California residents and businesses who receive utility bills.
Terms To Know
- Public Utility
- A company regulated by the state that provides services like electricity or gas to the public.
- Rate Change
- Any adjustment to the price a customer pays for utility service or changes to how those prices are calculated.
Limits and Unknowns
- The bill does not specify an exact date when these new rules will take effect.
- The text states no state reimbursement is required but gives only that it is for a 'specified reason' without detailing the specific cost savings or logic.