California § 748.2. 748.2. (Added by Stats. 2022, Ch. 689, Sec. 1.)

California Statutes

§ 748.2. — 748.2. (Added by Stats. 2022, Ch. 689, Sec. 1.)

California § 748.2.

JurisdictionCalifornia

Code PUCPublic Utilities Code - PUC

Div. 1.DIVISION 1. REGULATION OF PUBLIC UTILITIES

Part 1.PART 1. PUBLIC UTILITIES ACT

Ch. 4.CHAPTER 4. Regulation of Public Utilities

Art. 2.ARTICLE 2. Rates

This text of California § 748.2. (748.2. (Added by Stats. 2022, Ch. 689, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Utilities Code - PUC Code § 748.2. (2026).

Text

(a)Except as specified in subdivision (b), an electrical corporation or gas corporation shall not recover, through a rate approved by the commission, costs arising directly from new or additional activities expressly agreed to by the corporation, or any direct payment, fine, or penalty paid by the corporation, in a settlement agreement resolving a criminal or civil inquiry, investigation, or prosecution for a violation of law, conducted by the Attorney General or a district attorney, county counsel, city attorney, or city prosecutor, and in exchange for the inquiry, investigation, or prosecution to be terminated or concluded.

(b)Notwithstanding subdivision (a), the commission shall only approve an electrical corporation or gas corporation to recover, through a rate, costs des

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(a)
Except as specified in subdivision (b), an electrical corporation or gas corporation shall not recover, through a rate approved by the commission, costs arising directly from new or additional activities expressly agreed to by the
corporation, or any direct payment, fine, or penalty paid by the corporation, in a settlement agreement resolving a criminal or civil inquiry, investigation, or prosecution for a violation of law, conducted
by the Attorney General or a district attorney, county counsel, city attorney, or city prosecutor, and in exchange for the inquiry, investigation, or prosecution to be terminated or concluded.
(b)
Notwithstanding subdivision (a), the commission shall only approve an electrical corporation or gas corporation to recover, through a rate, costs described in subdivision (a) if the commission determines that those costs were just and reasonably incurred.