California Public Utilities Code

§ 938

PUC § 938 Effective Jan 1, 2024Div. 1 · Part 1 · Ch. 4 · Art. 14.5

Statute text

(a)The commission shall require an electrical corporation that requests the use of a ratemaking mechanism, pursuant to Section 937, as a condition of authorizing the use of the mechanism, to satisfy all of the following requirements:

(1)The electrical corporation shall agree to retain an independent third-party auditor, which shall be selected by the commission based on nonbinding recommendations from the electrical corporation, to review the electrical corporation’s business practices and procedures for energizing new customers and how the electrical corporation is planning for demand growth, including new customer energizations.

(2)The electrical corporation shall not recover the costs of the third-party auditor from ratepayers.

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Legislative history

Added by Stats. 2023, Ch. 394, Sec. 1. (SB 410) Effective January 1, 2024. Inoperative July 1, 2028, by its own provisions. Repealed as of January 1, 2029, by its own provisions.