California AB1774 mandates audits of electrical corporations' wildfire mitigation expenditures before they can recover related costs from ratepayers.

California AB1774 requires the California Public Utilities Commission to conduct an independent audit of all wildfire mitigation expenditures made by electrical corporations between January 1, 2021, and January 1, 2027. The audit must examine whether these expenditures were reasonable, prudent, and cost-effective, and if they were used for their authorized purposes. The commission must disallow any expenditures if the corporation failed to maintain adequate records.

California AB1774 mandates audits of electrical corporations' wildfire mitigation expenditures before they can recover related costs from ratepayers.

California AB1774 requires the California Public Utilities Commission to conduct an independent audit of all wildfire mitigation expenditures made by electrical corporations between January 1, 2021, and January 1, 2027. The audit must examine whether these expenditures were reasonable, prudent, and cost-effective, and if they were used for their authorized purposes. The commission must disallow any expenditures if the corporation failed to maintain adequate records.