Supported by The Climate Center

SB 612: Ratepayer Equity

SB 612 (Portantino) SB 612 was removed from the June 30 Energy Committee agenda by the Chair, Assemblymember Chris Holden. Read CalCCA’s action alert. This bill would help resolve some of the longstanding issues revolving around the power charge indifference adjustment that is charged to CCA customers as a separate fee, but that all ratepayers pay. The bill would ensure fair and equal access to the benefits of legacy resources held in investor-owned utility (IOU) portfolios and address the management of these resources to maximize value for all customers. Read The Climate Center’s Letter of Support. Read the Author’s Factsheet. STATUS: Was set for a June 30 hearing in the Assembly Energy Committee. Contact Assembly Energy Committee members and urge them to place the bill back on the agenda. Review the member roster to see if your representative is a member of the committee.