Electrical corporations and gas corporations: rates.

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Electrical corporations and gas corporations: rates.

AB 2762, as introduced, Boerner.

What This Bill Does

• 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.

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

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

Download Bill PDF