California Public Utilities Code

§ 740.4

PUC § 740.4 Effective Jan 1, 1998Div. 1 · Part 1 · Ch. 4 · Art. 2

Statute text

(a)The commission shall authorize public utilities to engage in programs to encourage economic development.

(b)Reasonable expenses for economic development programs, as specified in this section, shall be allowed, to the extent of ratepayer benefit, when setting rates to be charged by public utilities electing to initiate these programs.

(c)Economic development activities may include, but not be limited to, the following:

…

Legislative history

Amended by Stats. 1997, Ch. 17, Sec. 127. Effective January 1, 1998.