California § 848.7. 848.7. (Added by Stats. 2004, Ch. 46, Sec. 5.)

California Statutes

§ 848.7. — 848.7. (Added by Stats. 2004, Ch. 46, Sec. 5.)

California § 848.7.

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. 5.6.ARTICLE 5.6. Financing Utility Recovery

This text of California § 848.7. (848.7. (Added by Stats. 2004, Ch. 46, Sec. 5.)) 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 § 848.7. (2026).

Text

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.

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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.