California Public Utilities Code

§ 3401

PUC § 3401 Effective Jan 1, 2021Div. 1.7 · Part 1 · Ch. 1

Statute text

(a)The Legislature finds and declares all of the following:

(1)The safe, efficient, and reliable generation, procurement, transmission, distribution, and storage of energy for residents and businesses in California is essential for living and doing business in California. The economic strength and productivity of California and its residents require the availability of energy with which to operate their businesses and live safely in their homes.

(2)Californians residing, working, or doing business within Pacific Gas and Electric Company’s service territory deserve to be served by a utility that prioritizes operational safety and efficiency, is prudently managed and soundly financed, and has a capital structure that enables it to make critical safety investments.

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Legislative history

Added by Stats. 2020, Ch. 27, Sec. 12. (SB 350) Effective January 1, 2021.