California Public Utilities Code

§ 381

PUC § 381 Effective Jun 30, 2022Div. 1 · Part 1 · Ch. 2.3 · Art. 7

Statute text

(a)To ensure that the funding for the programs described in subdivision (b) and Section 382 are not commingled with other revenues, the commission shall require each electrical corporation to identify a separate rate component to collect the revenues used to fund these programs. The rate component shall be a nonbypassable element of the local distribution service.

(b)The commission shall allocate funds collected pursuant to subdivision (a), and any interest earned on collected funds, to programs that enhance system reliability and provide in-state benefits as follows:

(1)Cost-effective energy efficiency and conservation activities.

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Legislative history

Amended by Stats. 2022, Ch. 61, Sec. 8. (AB 205) Effective June 30, 2022.