California AB2065 prohibits utilities from recovering costs from ratepayers that are not authorized by statute, commission rule, or decision.

California AB2065 amends the Public Utilities Code to add Section 748.4, which prohibits utilities from recovering costs from ratepayers that are not authorized by statute, commission rule, or decision. The California Public Utilities Commission must disallow recovery of such costs and impose a financial penalty. The penalty is equal to the amount of the prohibited cost recovery, or three times that amount if there have been two or more instances within the preceding five-year period or a sustained practice of prohibited cost recovery.

California AB2065 prohibits utilities from recovering costs from ratepayers that are not authorized by statute, commission rule, or decision.

California AB2065 amends the Public Utilities Code to add Section 748.4, which prohibits utilities from recovering costs from ratepayers that are not authorized by statute, commission rule, or decision. The California Public Utilities Commission must disallow recovery of such costs and impose a financial penalty. The penalty is equal to the amount of the prohibited cost recovery, or three times that amount if there have been two or more instances within the preceding five-year period or a sustained practice of prohibited cost recovery.