California AB2463 mandates the Public Utilities Commission to disclose its methodology for determining the authorized return on equity for utilities.

California AB2463 requires the Public Utilities Commission to disclose its analytical methodology for determining the authorized return on equity for investor-owned utilities. This includes identifying financial models, inputs, assumptions, and weightings. The commission must also explain any material departures from prior methodologies. The bill aims to promote accountability, predictability, and public confidence in the ratemaking process. It applies to cost of capital proceedings resulting in decisions issued on or after December 31, 2030.

California AB2463 mandates the Public Utilities Commission to disclose its methodology for determining the authorized return on equity for utilities.

California AB2463 requires the Public Utilities Commission to disclose its analytical methodology for determining the authorized return on equity for investor-owned utilities. This includes identifying financial models, inputs, assumptions, and weightings. The commission must also explain any material departures from prior methodologies. The bill aims to promote accountability, predictability, and public confidence in the ratemaking process. It applies to cost of capital proceedings resulting in decisions issued on or after December 31, 2030.