California Public Utilities Code

§ 3299.10

PUC § 3299.10 Effective Sep 19, 2025Div. 1 · Part 6 · Ch. 5

Statute text

(a)A large electrical corporation may seek payment from the account to satisfy settled or finally adjudicated eligible claims. Only eligible claims shall be made against or paid by the account. In accordance with the procedures established by the administrator, the administrator shall review and approve any settlement of an eligible claim as being in the reasonable business judgment of the large electrical corporation before releasing funds to the large electrical corporation for payment. To the extent approved by the administrator, a settlement shall not be subject to further review by the commission.

(b)(1) Except as provided in paragraph (2), within six months of the commission adopting a decision for an application filed pursuant to Section 1701.8, a large electrical corporation shall reimburse the account for the full amount of costs and expenses the commission determined were disallowed pursuant to Section 1701.8.

(2)(A) The requirement on a large electrical corporation to reimburse the account shall be the lesser amount of subparagraph (B) or (C).

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Legislative history

Added by Stats. 2025, Ch. 119, Sec. 46. (SB 254) Effective September 19, 2025. Conditionally inoperative pursuant to Sections 3299 and 3299.20. Repealed as of January 1 following inoperative date.