SB-1292

This bill would require the CPUC, on or before July 1, 2027, but no sooner than 2 years after the adoption of the income-graduated fixed charge for default residential rates, to submit a report to the relevant policy committees of both houses of the Legislature on the electrical corporations’ implementation of the fixed charge, as specified. It would prohibit the CPUC from authorizing a fixed charge other than the income-graduated fixed charge for default residential rates until 30 days after the report is submitted.