AB 1117
Electricity: rates: optional dynamic rate tariffs.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Appropriations
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill would allow California’s large electrical corporations to offer optional ‘dynamic rate tariffs’ to their customers. These tariffs would adjust electricity prices based on real-time grid conditions and wholesale market prices. The bill requires the Public Utilities Commission to develop these tariffs for different customer segments (commercial, industrial, and residential) by specific deadlines, ensuring access to smart meter data and addressing potential cost shifts between customer types. It also aims to leverage existing smart meter infrastructure to encourage demand flexibility and reduce overall electricity costs.
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