SB905 aims to enhance California's electrical grid efficiency and reliability by setting performance metrics for large electrical corporations.

SB905 mandates the California Public Utilities Commission to establish performance metrics for large electrical corporations, focusing on safe, clean, and reliable electrical service at the lowest cost to ratepayers. The commission must create a public dashboard with performance data for each corporation. It also requires the commission to evaluate alternative financing mechanisms for electrical distribution, generation, and transmission costs. Additionally, the bill sets a deadline for the commission to initiate a proceeding to investigate and adopt a framework for performance-based metrics.

SB905 aims to enhance California's electrical grid efficiency and reliability by setting performance metrics for large electrical corporations.

SB905 mandates the California Public Utilities Commission to establish performance metrics for large electrical corporations, focusing on safe, clean, and reliable electrical service at the lowest cost to ratepayers. The commission must create a public dashboard with performance data for each corporation. It also requires the commission to evaluate alternative financing mechanisms for electrical distribution, generation, and transmission costs. Additionally, the bill sets a deadline for the commission to initiate a proceeding to investigate and adopt a framework for performance-based metrics.