SACRAMENTO, Calif. (AP) — A crackdown on how California utilities spend customers’ money faces a do-or-die vote in the Legislature. Investor-owned utilities aren’t allowed to use money from customers to pay for things like advertising and lobbying. But consumer groups have complained utilities have found ways around these rules. A bill from a Democratic senator aims to clarify those rules and would allow regulators to impose bigger fines for breaking them. Pacific Gas & Electric opposes the bill. The utility says it would eliminate regulators’ discretion to decide which expenses are reasonable for customers to cover.
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California legislators prepare to vote on a crackdown on utility spending [Video]
