Lowers electric rates by requiring certain costs to be paid from the General Fund.

This bill requires certain costs related to net energy billing and arrearage management programs to be paid from the General Fund instead of being recovered in rates. It directs the Public Utilities Commission to adopt rules for identifying costs attributable to net energy billing. The bill also mandates that low-income residential customers in arrears receive assistance through arrearage management programs, which must be funded from the General Fund.

Lowers electric rates by requiring certain costs to be paid from the General Fund.

This bill requires certain costs related to net energy billing and arrearage management programs to be paid from the General Fund instead of being recovered in rates. It directs the Public Utilities Commission to adopt rules for identifying costs attributable to net energy billing. The bill also mandates that low-income residential customers in arrears receive assistance through arrearage management programs, which must be funded from the General Fund.