California Public Utilities Code

§ 399.33

PUC § 399.33 Effective Jan 1, 2019Div. 1 · Part 1 · Ch. 2.3 · Art. 16

Statute text

(a)This section shall only apply to a gas-fired powerplant that is located inside the state, is owned by and serves the electrical demands of a single local publicly owned electric utility, and meets all of the following conditions:

(1)The local publicly owned electric utility has outstanding public indebtedness associated with the powerplant, the powerplant was planned and built after January 1, 2000, and the debt was secured before January 1, 2017.

(2)Operating the powerplant below a 20-percent capacity factor on an annual average on a yearly basis may result in the loss of employment of a powerplant employee who receives a prevailing wage.

…

Legislative history

Added by Stats. 2018, Ch. 605, Sec. 1. (SB 1110) Effective January 1, 2019.