When key committee weighed energy grid bill, Department of Finance report wasn’t ready

“State budget officials knew the plan to expand the California power grid to include a swath of western states would cost as much as $700,000 but didn’t provide a financial analysis to lawmakers during a key hearing two weeks ago, according to emails obtained by The San Diego Union-Tribune.

Emails between Department of Finance analysts and officials at the Public Utilities Commission and other state agencies show that analysts began studying the fiscal impact of the so-called western power grid in early July.

When the Department of Finance appeared before the Senate Appropriations Committee on Aug. 13, a top official told lawmakers she had no report on how joining the California power grid with as many as 14 states would affect the budget.”

Click here to read more from San Diego Tribune.

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