Report 2013-109 Recommendation Responses
Report 2013-109: California Public Utilities Commission: Improved Monitoring of Balancing Accounts Would Better Ensure That Utility Rates Are Fair and Reasonable (Release Date: March 2014)
Recommendation for Legislative Action
To ensure proper oversight of balancing accounts to protect ratepayers from unfair rate increases, the Legislature should amend the California Public Utilities Code, Section 792.5, to require the California Public Utilities Commission (commission) to develop a risk-based approach for reviewing all balancing accounts periodically to ensure that the transactions recorded in the balancing accounts are for allowable purposes and are supported by appropriate documentation, such as invoices.
Description of Legislative Action
AB 2168 (Chapter 805, Statutes of 2016) requires the California Public Utilities Commission to develop a risk-based approach for reviewing those balancing accounts periodically to ensure that the transactions recorded in the balancing accounts are for allowable purposes and are supported by appropriate documentation.
- Legislative Action Current As-of: October 2016
California State Auditor's Assessment of Annual Follow-Up Status: Legislation Enacted
Description of Legislative Action
AB 2168 was introduced on February 17, 2016, and would require the commission to develop a risk-based approach for reviewing those balancing accounts periodically to ensure that the transactions recorded in the balancing accounts are for allowable purposes and are supported by appropriate documentation.
- Legislative Action Current As-of: March 2016
California State Auditor's Assessment of Annual Follow-Up Status: Legislation Introduced
Description of Legislative Action
Legislation has not been introduced to address this specific recommendation.
- Legislative Action Current As-of: February 2015