Electricity: load-serving entities.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Passed
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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 aims to improve the efficiency and transparency of California’s electricity grid planning and procurement. Starting in 2030, the California Public Utilities Commission (PUC) will use a consistent capacity valuation method when determining resource adequacy and procurement obligations for load-serving entities. The bill also seeks to consolidate compliance reporting requirements and requires the PUC to explain the need for backstop procurement when the Independent System Operator utilizes it.
Key provisions
- Requires the PUC to use a consistent capacity valuation method for resource assessment starting January 1, 2030.
- Mandates the consolidation of compliance reporting for load-serving entities into a single procurement plan.
- Requires the PUC to explain the reasons for backstop procurement needs in an annual report.
- Establishes a timeline for finalizing compliance reporting requirements.
- Defines ‘capacity valuation method’ and ‘load-serving entity’ for clarity.
- Requires the PUC to consolidate compliance reporting for reliability requirements.
Who is affected
- California Public Utilities Commission
- Load-Serving Entities (electrical corporations, electric service providers, community choice aggregators)
- Independent System Operator
- Ratepayers
Notable changes
Bill text
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Sponsors
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1 on record
Primary sponsor
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