California SB453 mandates electrical corporations to report on Microgrid Incentive Program funds and prioritize vulnerable communities.

California SB453 requires electrical corporations to report to the commission on the status of Microgrid Incentive Program funds by January 15, 2026. The commission will review these funds and determine if additional actions are needed to advance the program. If unallocated funds remain on January 1, 2027, they must be returned to ratepayers as bill credits. The bill prioritizes vulnerable communities and areas that have experienced multiple deenergization events.

California SB453 mandates electrical corporations to report on Microgrid Incentive Program funds and prioritize vulnerable communities.

California SB453 requires electrical corporations to report to the commission on the status of Microgrid Incentive Program funds by January 15, 2026. The commission will review these funds and determine if additional actions are needed to advance the program. If unallocated funds remain on January 1, 2027, they must be returned to ratepayers as bill credits. The bill prioritizes vulnerable communities and areas that have experienced multiple deenergization events.