Statute · California Public Utilities Code
Cal. Pub. Util. Code § 848.7 — Financing Utility Recovery
Cal. Pub. Util. Code § 848.7
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Date
- 2004-06-07
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding subdivision (g) of Section 848.1, the commission shall credit ratepayers, in a manner to be determined by the commission, with the net after tax amount of any payments, offsets, or other credits the recovery corporation actually receives from generators of electricity or other…
Citator
Cal. Pub. Util. Code § 848.7 — Financing Utility Recovery is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding subdivision (g) of Section 848.1, the commission shall credit ratepayers, in a manner to be determined by the commission, with the net after tax amount of any payments, offsets, or other credits the recovery corporation actually receives from generators of electricity or other energy suppliers that would have reduced the unamortized balance of the recovery corporation’s regulatory asset created under the commission’s Decision No. 03-12-035 but for the prior issuance of recovery bonds.