Golden State Today

Today, Governor Gavin Newsom of California signed an executive order aimed at reducing electricity costs for residents. This measure is intended to provide relief from rising electric bills while maintaining the state's goal of achieving carbon neutrality and 100% clean electricity by 2045.

Governor Newsom stated, "We’re taking action to address rising electricity costs and save consumers money on their bills. California is proving that we can address affordability concerns as we continue our world-leading efforts to combat the climate crisis."

The executive order comes in response to increasing utility costs due to wildfire mitigation efforts and other programs. It seeks to address these cost drivers by examining certain programs that may be inflating customer bills and evaluating utility wildfire mitigation expenses for potential savings.

Key components of the executive order include encouraging electric bill relief, maximizing the California Climate Credit, managing long-term electric costs, and making smarter investments in wildfire mitigation. The California Public Utilities Commission (CPUC) has been tasked with identifying underperforming programs and returning unused energy funds to customers as credits on their bills. Additionally, the CPUC will evaluate ratepayer-supported programs and seek federal funding opportunities.

The order also directs the Office of Energy Infrastructure Safety to ensure utility investments are focused on cost-effective wildfire mitigation measures. In parallel, earlier this year, a new billing structure was approved by the CPUC to reduce residential electricity prices.

Assembly Speaker Robert Rivas expressed support for increased oversight efforts, stating, “Californians expect us to take a hard look at their monthly energy and electricity bills and deliver reduced costs and savings for the long-term.” Senate President pro Tempore Mike McGuire emphasized the importance of addressing rising electricity costs: “This is an important start by Governor Newsom, and the Senate plans to double down on this progress in the months ahead.”