California 2025-2026 Regular Session

California Assembly Bill AB99 Compare Versions

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1-Amended IN Assembly March 28, 2025 CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Assembly Bill No. 99Introduced by Assembly Member TaJanuary 08, 2025 An act to add Section 748.3 to the Public Utilities Code, relating to electricity.LEGISLATIVE COUNSEL'S DIGESTAB 99, as amended, Ta. Electrical corporations: rates.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 prohibit an electrical corporation from proposing, and the commission from approving, proposing a rate increase above the rate of inflation, unless the rate increase is approved by a majority of the electrical corporations customers voting in an election conducted according to specified requirements, and except when as defined, as a systemwide average for any general rate case cycle, except the bill would expressly authorize the commission to approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.Under existing law, a violation of the Public Utilities Act or any order, decision, rule, direction, demand, or requirement of the commission is a crime.Because the above prohibition would be a part of the act, and because a violation of a commission action implementing the above prohibition would be a crime, the bill would impose a state-mandated local program.The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.This bill would provide that no reimbursement is required by this act for a specified reason.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: YES Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 748.3 is added to the Public Utilities Code, to read:748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b)Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1)The electrical corporation shall provide each customer with one ballot.(2)The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3)The commission may set additional procedures and rules for the election.(4)The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5)The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6)The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c)The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d)(b) Notwithstanding subdivisions (a) to (c), inclusive, subdivision (a), the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.(c) For purposes of this section, rate of inflation means the annual increase in the California Consumer Price Index.SEC. 2. No reimbursement is required by this act pursuant to Section 6 of Article XIIIB of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIIIB of the California Constitution.
1+CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Assembly Bill No. 99Introduced by Assembly Member TaJanuary 08, 2025 An act to add Section 748.3 to the Public Utilities Code, relating to electricity.LEGISLATIVE COUNSEL'S DIGESTAB 99, as introduced, Ta. Electrical corporations: rates.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 prohibit an electrical corporation from proposing, and the commission from approving, a rate increase above the rate of inflation, unless the rate increase is approved by a majority of the electrical corporations customers voting in an election conducted according to specified requirements, and except when the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.Under existing law, a violation of the Public Utilities Act or any order, decision, rule, direction, demand, or requirement of the commission is a crime.Because the above prohibition would be a part of the act, and because a violation of a commission action implementing the above prohibition would be a crime, the bill would impose a state-mandated local program.The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.This bill would provide that no reimbursement is required by this act for a specified reason.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: YES Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 748.3 is added to the Public Utilities Code, to read:748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b) Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1) The electrical corporation shall provide each customer with one ballot.(2) The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3) The commission may set additional procedures and rules for the election.(4) The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5) The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6) The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c) The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d) Notwithstanding subdivisions (a) to (c), inclusive, the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.SEC. 2. No reimbursement is required by this act pursuant to Section 6 of Article XIIIB of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIIIB of the California Constitution.
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3- Amended IN Assembly March 28, 2025 CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Assembly Bill No. 99Introduced by Assembly Member TaJanuary 08, 2025 An act to add Section 748.3 to the Public Utilities Code, relating to electricity.LEGISLATIVE COUNSEL'S DIGESTAB 99, as amended, Ta. Electrical corporations: rates.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 prohibit an electrical corporation from proposing, and the commission from approving, proposing a rate increase above the rate of inflation, unless the rate increase is approved by a majority of the electrical corporations customers voting in an election conducted according to specified requirements, and except when as defined, as a systemwide average for any general rate case cycle, except the bill would expressly authorize the commission to approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.Under existing law, a violation of the Public Utilities Act or any order, decision, rule, direction, demand, or requirement of the commission is a crime.Because the above prohibition would be a part of the act, and because a violation of a commission action implementing the above prohibition would be a crime, the bill would impose a state-mandated local program.The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.This bill would provide that no reimbursement is required by this act for a specified reason.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: YES
3+ CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Assembly Bill No. 99Introduced by Assembly Member TaJanuary 08, 2025 An act to add Section 748.3 to the Public Utilities Code, relating to electricity.LEGISLATIVE COUNSEL'S DIGESTAB 99, as introduced, Ta. Electrical corporations: rates.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 prohibit an electrical corporation from proposing, and the commission from approving, a rate increase above the rate of inflation, unless the rate increase is approved by a majority of the electrical corporations customers voting in an election conducted according to specified requirements, and except when the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.Under existing law, a violation of the Public Utilities Act or any order, decision, rule, direction, demand, or requirement of the commission is a crime.Because the above prohibition would be a part of the act, and because a violation of a commission action implementing the above prohibition would be a crime, the bill would impose a state-mandated local program.The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.This bill would provide that no reimbursement is required by this act for a specified reason.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: YES
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5- Amended IN Assembly March 28, 2025
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7-Amended IN Assembly March 28, 2025
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7+
88
99 CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION
1010
1111 Assembly Bill
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1313 No. 99
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1515 Introduced by Assembly Member TaJanuary 08, 2025
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1717 Introduced by Assembly Member Ta
1818 January 08, 2025
1919
2020 An act to add Section 748.3 to the Public Utilities Code, relating to electricity.
2121
2222 LEGISLATIVE COUNSEL'S DIGEST
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2424 ## LEGISLATIVE COUNSEL'S DIGEST
2525
26-AB 99, as amended, Ta. Electrical corporations: rates.
26+AB 99, as introduced, Ta. Electrical corporations: rates.
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28-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 prohibit an electrical corporation from proposing, and the commission from approving, proposing a rate increase above the rate of inflation, unless the rate increase is approved by a majority of the electrical corporations customers voting in an election conducted according to specified requirements, and except when as defined, as a systemwide average for any general rate case cycle, except the bill would expressly authorize the commission to approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.Under existing law, a violation of the Public Utilities Act or any order, decision, rule, direction, demand, or requirement of the commission is a crime.Because the above prohibition would be a part of the act, and because a violation of a commission action implementing the above prohibition would be a crime, the bill would impose a state-mandated local program.The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.This bill would provide that no reimbursement is required by this act for a specified reason.
28+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 prohibit an electrical corporation from proposing, and the commission from approving, a rate increase above the rate of inflation, unless the rate increase is approved by a majority of the electrical corporations customers voting in an election conducted according to specified requirements, and except when the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.Under existing law, a violation of the Public Utilities Act or any order, decision, rule, direction, demand, or requirement of the commission is a crime.Because the above prohibition would be a part of the act, and because a violation of a commission action implementing the above prohibition would be a crime, the bill would impose a state-mandated local program.The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.This bill would provide that no reimbursement is required by this act for a specified reason.
2929
3030 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.
3131
32-This bill would prohibit an electrical corporation from proposing, and the commission from approving, proposing a rate increase above the rate of inflation, unless the rate increase is approved by a majority of the electrical corporations customers voting in an election conducted according to specified requirements, and except when as defined, as a systemwide average for any general rate case cycle, except the bill would expressly authorize the commission to approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.
32+This bill would prohibit an electrical corporation from proposing, and the commission from approving, a rate increase above the rate of inflation, unless the rate increase is approved by a majority of the electrical corporations customers voting in an election conducted according to specified requirements, and except when the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.
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3434 Under existing law, a violation of the Public Utilities Act or any order, decision, rule, direction, demand, or requirement of the commission is a crime.
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3636 Because the above prohibition would be a part of the act, and because a violation of a commission action implementing the above prohibition would be a crime, the bill would impose a state-mandated local program.
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3838 The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.
3939
4040 This bill would provide that no reimbursement is required by this act for a specified reason.
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4242 ## Digest Key
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4444 ## Bill Text
4545
46-The people of the State of California do enact as follows:SECTION 1. Section 748.3 is added to the Public Utilities Code, to read:748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b)Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1)The electrical corporation shall provide each customer with one ballot.(2)The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3)The commission may set additional procedures and rules for the election.(4)The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5)The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6)The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c)The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d)(b) Notwithstanding subdivisions (a) to (c), inclusive, subdivision (a), the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.(c) For purposes of this section, rate of inflation means the annual increase in the California Consumer Price Index.SEC. 2. No reimbursement is required by this act pursuant to Section 6 of Article XIIIB of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIIIB of the California Constitution.
46+The people of the State of California do enact as follows:SECTION 1. Section 748.3 is added to the Public Utilities Code, to read:748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b) Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1) The electrical corporation shall provide each customer with one ballot.(2) The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3) The commission may set additional procedures and rules for the election.(4) The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5) The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6) The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c) The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d) Notwithstanding subdivisions (a) to (c), inclusive, the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.SEC. 2. No reimbursement is required by this act pursuant to Section 6 of Article XIIIB of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIIIB of the California Constitution.
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4848 The people of the State of California do enact as follows:
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5050 ## The people of the State of California do enact as follows:
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52-SECTION 1. Section 748.3 is added to the Public Utilities Code, to read:748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b)Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1)The electrical corporation shall provide each customer with one ballot.(2)The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3)The commission may set additional procedures and rules for the election.(4)The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5)The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6)The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c)The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d)(b) Notwithstanding subdivisions (a) to (c), inclusive, subdivision (a), the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.(c) For purposes of this section, rate of inflation means the annual increase in the California Consumer Price Index.
52+SECTION 1. Section 748.3 is added to the Public Utilities Code, to read:748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b) Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1) The electrical corporation shall provide each customer with one ballot.(2) The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3) The commission may set additional procedures and rules for the election.(4) The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5) The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6) The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c) The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d) Notwithstanding subdivisions (a) to (c), inclusive, the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.
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5454 SECTION 1. Section 748.3 is added to the Public Utilities Code, to read:
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5656 ### SECTION 1.
5757
58-748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b)Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1)The electrical corporation shall provide each customer with one ballot.(2)The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3)The commission may set additional procedures and rules for the election.(4)The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5)The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6)The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c)The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d)(b) Notwithstanding subdivisions (a) to (c), inclusive, subdivision (a), the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.(c) For purposes of this section, rate of inflation means the annual increase in the California Consumer Price Index.
58+748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b) Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1) The electrical corporation shall provide each customer with one ballot.(2) The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3) The commission may set additional procedures and rules for the election.(4) The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5) The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6) The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c) The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d) Notwithstanding subdivisions (a) to (c), inclusive, the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.
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60-748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b)Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1)The electrical corporation shall provide each customer with one ballot.(2)The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3)The commission may set additional procedures and rules for the election.(4)The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5)The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6)The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c)The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d)(b) Notwithstanding subdivisions (a) to (c), inclusive, subdivision (a), the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.(c) For purposes of this section, rate of inflation means the annual increase in the California Consumer Price Index.
60+748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b) Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1) The electrical corporation shall provide each customer with one ballot.(2) The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3) The commission may set additional procedures and rules for the election.(4) The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5) The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6) The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c) The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d) Notwithstanding subdivisions (a) to (c), inclusive, the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.
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62-748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b)Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1)The electrical corporation shall provide each customer with one ballot.(2)The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3)The commission may set additional procedures and rules for the election.(4)The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5)The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6)The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c)The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d)(b) Notwithstanding subdivisions (a) to (c), inclusive, subdivision (a), the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.(c) For purposes of this section, rate of inflation means the annual increase in the California Consumer Price Index.
62+748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.(b) Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:(1) The electrical corporation shall provide each customer with one ballot.(2) The electrical corporation shall provide each customer with information regarding the proposed rate increase.(3) The commission may set additional procedures and rules for the election.(4) The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.(5) The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.(6) The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.(c) The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).(d) Notwithstanding subdivisions (a) to (c), inclusive, the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.
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6666 748.3. (a) An electrical corporation shall not propose a rate increase above the rate of inflation, as a systemwide average, for any general rate case cycle.
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6868 (b) Notwithstanding subdivision (a), an electrical corporation may propose a rate increase above the rate of inflation subject to approval by a majority of the electrical corporations voting customers through an election conducted in accordance with all of the following:
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7270 (1) The electrical corporation shall provide each customer with one ballot.
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7672 (2) The electrical corporation shall provide each customer with information regarding the proposed rate increase.
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8074 (3) The commission may set additional procedures and rules for the election.
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8476 (4) The cost of conducting an election shall be borne exclusively by the shareholders of the electrical corporation.
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8878 (5) The electrical corporation may propose as many rate plans as necessary until one receives the support of a majority of voting customers.
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90-
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9280 (6) The commission shall determine an interim rate plan, not to exceed the rate of inflation, until an electrical corporations proposed rate plan is approved.
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9682 (c) The commission shall not approve or modify a request to increase rates above the rate of inflation without prior approval by the electrical corporations customers based on the results of an election conducted pursuant to subdivision (b).
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100-(d)
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104-(b) Notwithstanding subdivisions (a) to (c), inclusive, subdivision (a), the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.
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106-(c) For purposes of this section, rate of inflation means the annual increase in the California Consumer Price Index.
84+(d) Notwithstanding subdivisions (a) to (c), inclusive, the commission may approve a rate increase above the rate of inflation if the commission determines that the costs underlying the rate increase are directly related to safety enhancements and modernization or to higher commodity or fuel costs.
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10886 SEC. 2. No reimbursement is required by this act pursuant to Section 6 of Article XIIIB of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIIIB of the California Constitution.
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11088 SEC. 2. No reimbursement is required by this act pursuant to Section 6 of Article XIIIB of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIIIB of the California Constitution.
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11290 SEC. 2. No reimbursement is required by this act pursuant to Section 6 of Article XIIIB of the California Constitution because the only costs that may be incurred by a local agency or school district will be incurred because this act creates a new crime or infraction, eliminates a crime or infraction, or changes the penalty for a crime or infraction, within the meaning of Section 17556 of the Government Code, or changes the definition of a crime within the meaning of Section 6 of Article XIIIB of the California Constitution.
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11492 ### SEC. 2.