Electrical corporations: rates: smart meter infrastructure: dynamic rate option.
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Majority
Fiscal committee
No
Appropriation
No
Current location
Appropriations
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill requires California’s large electrical corporations to offer at least one ‘dynamic rate option’ to their customers if they upgrade their smart meter infrastructure. These dynamic rates would fluctuate with real-time grid conditions, potentially lowering electricity costs for customers willing to adjust their usage. The bill also mandates that the Public Utilities Commission ensure fair access to these options for all customers, including those who don’t want to participate, and prevents cost shifts between different customer groups.
Key provisions
- Requires large electrical corporations to offer at least one dynamic rate option to customers after smart meter infrastructure upgrades.
- Sets a deadline of 18 months after infrastructure upgrades for offering the dynamic rate option.
- Mandates that the dynamic rate option includes time-varying distribution and generation rates.
- Requires the commission to ensure equal access to dynamic rates for bundled and unbundled customers.
- Requires electrical corporations to provide customers with near real-time energy usage data.
- Establishes rules for customer data management and cybersecurity.
- Requires the commission to evaluate and mitigate potential cost shifts between customer groups.
- Defines key terms such as ‘large electrical corporation’ and ‘smart meter’.
Who is affected
- Electrical corporations
- Electricity consumers
Bill text
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Sponsors
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5 on record
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