BILL NUMBER: AB 811 AMENDED BILL TEXT AMENDED IN ASSEMBLY APRIL 7, 1999 INTRODUCED BY Assembly Member Keeley FEBRUARY 24, 1999 An act to add Section 367.5 to the Public Utilities Code, relating to public utilities. LEGISLATIVE COUNSEL'S DIGEST AB 811, as amended, Keeley. Electrical restructuring. The Public Utilities Act requires the Public Utilities Commission to recover uneconomic costs associated with electrical deregulation, including transition costs, as defined, to be allocated as prescribed. The act requires that individual customers not experience rate increases as a result of the allocation of transition costs. This bill would require the commission torequire a specified energy credit for customers with meters capable of recording data on an hourly basis to be based on the actual hourly data recorded by a customer meter, to be calculated as prescribedimplement a methodology whereby the Power Exchange energy credit for a customer with a meter capable of recording hourly data is calculated based on the actual hourly data for that customer. The bill would require the energy credit to be the sum of the products of the Power Exchange energy costs authorized by the commission and the actual hourly recorded usage of the customer for each hour in the billing period . Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 367.5 is added to the Public Utilities Code, to read: 367.5. (a) It is the intent of the Legislature in enacting this section to ensure that individual customers do not experience rate increases as a result of the allocation of transition costs, in accordance with paragraph (2) of subdivision (e) of Section 367.(b) The commission shall require the Power Exchange energy credit for customers with meters capable of recording data on an hourly basis to be based on the actual hourly data recorded by a customer meter. The Power Exchange energy credit shall be calculated by determining the sum of (1) the total Power Exchange energy cost, determined by multiplying the hourly Power Exchange energy cost authorized by the commission by the number of hours in the billing period, and (2) the total actual usage of the customer, determined by totalling the actual hourly recorded usages for each hour in the billing period.(b) The commission shall implement a methodology whereby the Power Exchange energy credit for a customer with a meter capable of recording hourly data is calculated based on the actual hourly data for that customer. The Power Exchange energy credit shall be equal to the sum of the products of (1) the Power Exchange energy costs authorized by the commission, and (2) the actual hourly recorded usage of the customer for each hour in the billing period.