Existing law requires the Public Utilities Commission to regulate facilities for the generation of electricity owned by any public utility prior to January 1, 1997, until the owner of those facilities has applied to the commission to dispose of those facilities and has been authorized by the commission to undertake that disposal. Existing law prohibits any facility for the generation of electricity owned by a public utility from being disposed of prior to January 1, 2006.
This bill would exempt from those provisions the disposition of a facility for the generation of electricity, or the disposition of an interest in a facility for the generation of electricity, that is located outside of this state, is owned by a public utility that serves 60,000 or fewer customer accounts in this state, and is not necessary to serve the public utility’s customers in this state, upon the approval of the commission or upon an exemption by the commission pursuant to existing provisions of law.