SB1233 amends the Public Utilities Code to require the California Public Utilities Commission to report on utility costs and rate increases.

SB1233 amends the Public Utilities Code to mandate the California Public Utilities Commission to prepare a report on utility costs and rate increases. The report must include recommendations for actions to limit costs and rate increases, and analyze the relationship between capital structure and return on equity. The commission must also consider wildfire risk reduction efforts when approving rate changes. The report and source data must be posted on the commission's website.

SB1233 amends the Public Utilities Code to require the California Public Utilities Commission to report on utility costs and rate increases.

SB1233 amends the Public Utilities Code to mandate the California Public Utilities Commission to prepare a report on utility costs and rate increases. The report must include recommendations for actions to limit costs and rate increases, and analyze the relationship between capital structure and return on equity. The commission must also consider wildfire risk reduction efforts when approving rate changes. The report and source data must be posted on the commission's website.