Community choice aggregators: eligible transmission projects.
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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 allows community choice aggregators (CCAs) in California to own and finance electrical transmission lines and related infrastructure, such as substations. It aims to reduce transmission development costs and lower electricity rates for all ratepayers by enabling CCAs to partner with private sector developers and electrical corporations. The bill also clarifies that CCAs can own eligible transmission projects, even if the lines aren't directly serving their customers.
Key provisions
- CCAs can sponsor, develop, finance, construct, operate, lease, purchase, and maintain electrical transmission lines.
- CCAs can own eligible transmission projects as defined in Government Code Section 63049.71.
- This does not grant CCAs authority to deliver electricity at retail.
- The bill addresses rising electricity rates and aims to deliver reliable and affordable electricity.
- It builds upon Senate Bill 254 to encourage public-private partnerships for transmission development.
- CCAs can partner with private sector transmission developers and electrical corporations.
- CCAs can issue tax-exempt debt to finance transmission projects.
- The bill is intended to reduce transmission development costs by 20-30 percent per line.
Who is affected
- Community Choice Aggregators
- California Ratepayers
- Electrical Corporations
- Private Transmission Developers
Bill text
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Sponsors
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2 on record
Primary sponsors
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