California AB2493 mandates large electrical corporations to retain independent auditors to monitor transmission projects.

California AB2493 requires large electrical corporations to retain independent third-party auditors to establish a transmission development monitor. These monitors will continuously review and report on project schedules and compliance with interconnection agreements. The Public Utilities Commission will issue resolutions for remedial actions if material deficiencies are found. The commission must adopt standardized data reporting templates by April 1, 2027, to streamline reporting.

California AB2493 mandates large electrical corporations to retain independent auditors to monitor transmission projects.

California AB2493 requires large electrical corporations to retain independent third-party auditors to establish a transmission development monitor. These monitors will continuously review and report on project schedules and compliance with interconnection agreements. The Public Utilities Commission will issue resolutions for remedial actions if material deficiencies are found. The commission must adopt standardized data reporting templates by April 1, 2027, to streamline reporting.