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AB-2762 • 2026

Electrical corporations and gas corporations: rates.

Electrical corporations and gas corporations: rates.

Children Energy
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Boerner
Last action
2026-02-21
Official status
From printer. May be heard in committee March 23.
Effective date
Not listed

Plain English Breakdown

The official summary does not provide specific details about what non-substantive changes are being made, only that they do not alter the core requirement regarding disallowed expenses.

Electric and Gas Companies: Setting Rates

The bill makes minor, non-substantive changes to how the Public Utilities Commission sets rates for electric and gas companies.

What This Bill Does

  • Makes minor, non-substantive changes to existing rules about setting rates for electricity and gas companies.

Who It Names or Affects

  • Electricity and gas companies
  • The Public Utilities Commission

Terms To Know

Public Utilities Commission
A government agency that makes sure electricity, water, and other services are fair for everyone.
Rates
The prices customers pay for electricity or gas.

Limits and Unknowns

  • Does not specify the exact nature of the non-substantive changes being made.
  • Does not provide details on how these changes will affect rates charged to consumers.

Bill History

  1. 2026-02-21 California Legislative Information

    From printer. May be heard in committee March 23.

  2. 2026-02-20 California Legislative Information

    Read first time. To print.

Official Summary Text

AB 2762, as introduced, Boerner.
Electrical corporations and gas corporations: rates.
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 requires the commission, for purposes of establishing rates for any electrical corporation or gas corporation, to disallow expenses reflecting the direct or indirect costs resulting from any unreasonable error or omission relating to the planning, construction, or operation of any portion of the corporation’s plant that cost, or is estimated to have cost, more than $50,000,000, including any expenses resulting from delays caused by any unreasonable error or omission, as specified.
This bill would make nonsubstantive changes
to that requirement.

Current Bill Text

Read the full stored bill text 
Download Bill PDF