Plain English Breakdown
The official source does not provide details on how public utilities will be punished for non-compliance, nor does it specify if and when the governor will sign the bill into law.
Public Utilities: Longer Notice Periods
AB-2623 requires public utilities to notify the Public Utilities Commission and the public about rate changes at least 60 days in advance, instead of the current 30 days.
What This Bill Does
- Requires public utilities to provide 60 days' notice before changing rates or services to the Public Utilities Commission and the public.
Who It Names or Affects
- Public utilities
- The Public Utilities Commission
- Customers of public utilities
Terms To Know
- Public Utilities Commission
- A government agency that oversees and regulates companies providing electricity, water, gas, and other essential services.
- State-mandated local program
- When the state requires local governments to do something new or different, which might cost them money.
Limits and Unknowns
- The bill does not specify how public utilities will be punished for failing to comply with this requirement.
- It is unclear if and when the governor will sign this bill into law.