California SB192 establishes the California Transmission Accelerator Revolving Fund to provide financial assistance for eligible transmission.
California SB192 creates the California Transmission Accelerator Revolving Fund to support financial assistance for eligible transmission projects. The fund aims to maximize savings for ratepayers and reduce tax obligations through public ownership structures. The bill outlines criteria for eligible projects, including interconnection points within the Independent System Operator balancing authority area and previous completion of transmission projects in the state.
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