Public Utilities Commission: memorandum and balancing accounts.
Chaptered by Secretary of State. Chapter 1008, Statutes of 2026.
Summary
The measure directs California public utilities to use ratemaking methods that rely on forecasts of future costs. It would affect utility companies and the customers they serve by tying rates more closely to projected expenses. The goal is to make rate setting more forward‑looking and potentially more accurate.
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