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AB-2205 Electricity: mandatory rate reduction.(2023-2024)



Current Version: 02/07/24 - Introduced

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AB2205:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill
No. 2205

Introduced by Assembly Members Joe Patterson and Gallagher

February 07, 2024

An act to add Section 739.14 to the Public Utilities Code, relating to electricity.


LEGISLATIVE COUNSEL'S DIGEST


AB 2205, as introduced, Joe Patterson. Electricity: mandatory rate reduction.
Existing law vests the Public Utilities Commission with regulatory authority over public utilities, including electrical 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.
This bill would require the commission to reduce the kilowatt-per-hour rate for electricity charged to ratepayers by not less than 30%.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 739.14 is added to the Public Utilities Code, to read:

739.14.
 The commission shall reduce the kilowatt-per-hour rate for electricity charged to ratepayers by not less than 30 percent.