California AB1301 amends the Public Utilities Code to facilitate electricity market restructuring, including the establishment of an Independent.

California AB1301 amends the Public Utilities Code to facilitate the restructuring of the electricity market in California. Key provisions include the establishment of an Independent System Operator (ISO) to manage transmission access and pricing, and the creation of a Family Electric Rate Assistance (FERA) program to provide discounts to eligible low-income households. The bill also outlines mechanisms for the recovery of uneconomic costs associated with generation-related assets and obligations, and mandates the California Energy Commission to prepare integrated energy policy reports.

California AB1301 amends the Public Utilities Code to facilitate electricity market restructuring, including the establishment of an Independent.

California AB1301 amends the Public Utilities Code to facilitate the restructuring of the electricity market in California. Key provisions include the establishment of an Independent System Operator (ISO) to manage transmission access and pricing, and the creation of a Family Electric Rate Assistance (FERA) program to provide discounts to eligible low-income households. The bill also outlines mechanisms for the recovery of uneconomic costs associated with generation-related assets and obligations, and mandates the California Energy Commission to prepare integrated energy policy reports.