Bill Text: CA AB2205 | 2023-2024 | Regular Session | Introduced

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Bill Title: Electricity: mandatory rate reduction.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced) 2024-02-26 - Referred to Com. on U. & E. [AB2205 Detail]

Download: California-2023-AB2205-Introduced.html

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CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill

No. 2205

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Introduced by Assembly Members Joe Patterson and Gallagher

February 07, 2024

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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%.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

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Bill Text

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.