California AB737 amends the Public Utilities Code to require energy suppliers to record notices of decarbonization charges with county recorders.

California AB737 amends the Public Utilities Code to require energy suppliers to record notices of decarbonization charges with county recorders. This applies to programs or initiatives that fund decarbonization upgrades on subscriber properties and recover investment through decarbonization charges. The notice must be recorded within 30 days of funding an upgrade and must include specific information such as the property details, charge amount, and description of upgrades. The recording serves as notice to successor subscribers of the obligation to pay the decarbonization charge.

California AB737 amends the Public Utilities Code to require energy suppliers to record notices of decarbonization charges with county recorders.

California AB737 amends the Public Utilities Code to require energy suppliers to record notices of decarbonization charges with county recorders. This applies to programs or initiatives that fund decarbonization upgrades on subscriber properties and recover investment through decarbonization charges. The notice must be recorded within 30 days of funding an upgrade and must include specific information such as the property details, charge amount, and description of upgrades. The recording serves as notice to successor subscribers of the obligation to pay the decarbonization charge.