Public Utilities Commission: rates: cost of capital proceeding: authorized return on equity.

Summary

The bill adds new sections to the Public Utilities Code that force the California Public Utilities Commission (CPUC) to publish the financial models, assumptions, and calculations it uses when determining a utility’s authorized return on equity. It also obligates the CPUC to explain any changes from prior methodology and to include credit‑rating analysis in its yearly report to the Legislature. The measures aim to increase transparency and accountability for rate‑setting that affects electricity and gas customers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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