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CPUC officials outline affordability work and face questions about staffing and rate oversight
Summary
CPUC President Alice Reynolds described long‑term drivers of rising electricity rates and steps the commission is taking on wildfire mitigation costs, rooftop solar compensation and procurement; committee members pressed the agency on staffing growth, decision timelines and a new mandate to examine rate‑of‑return variances.
California Public Utilities Commission officials told the Assembly Budget Subcommittee No. 4 they are focusing on affordability, safety and reliability, and outlined a set of policy options to address upward pressure on utility customer bills.
"In the 5 years between 2019 and 2023, our investor owned utilities collected approximately $27,000,000,000 from rate payers to pay for wildfire mitigation and insurance premiums," Alice Reynolds, president of the CPUC, told the committee. Reynolds said the commission’s response to the governor's executive order assessed…
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