BILL NUMBER: AB 886 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Chau
FEBRUARY 26, 2015
An act to amend Section 335 of the Public Utilities Code, relating
to public utilities.
LEGISLATIVE COUNSEL'S DIGEST
AB 886, as introduced, Chau. Electricity restructuring:
Electricity Oversight Board.
Existing law restructured the electrical services industry to
provide for the authorization of direct transactions between
electricity suppliers and end use customers and for the establishment
of an Independent System Operator and a Power Exchange. Existing law
establishes the Electricity Oversight Board to oversee the
Independent System Operator and the Power Exchange.
This bill would make various nonsubstantive, technical changes in
provisions that establish the Electricity Oversight Board.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 335 of the Public Utilities Code is amended to
read:
335. In order to ensure that the interests of the people of
California are served, a five-member Electricity Oversight Board is
hereby created established, as provided
in Section 336. For purposes of this chapter, any reference to the
Oversight Board shall mean the Electricity Oversight Board. Its
functions shall be all of the following:
(a) To oversee the Independent System Operator and the Power
Exchange.
(b) To determine the composition and terms of service and to
exercise the exclusive right to decline to confirm the appointments
of specific members of the governing board of the Power Exchange.
(c) To serve as an appeal board for majority decisions of the
Independent System Operator governing board, as they
those decisions relate to matters subject to
exclusive state jurisdiction, as specified in Section 339.
(d) Those members of the Power Exchange governing board whose
appointments the Oversight Board has the exclusive right to decline
to confirm include proposed governing board members representing
agricultural end users, industrial end users, commercial end users,
residential end users, end users at large, nonmarket participants,
and public interest groups.
(e) To investigate any matter related to the wholesale market for
electricity to ensure that the interests of California's citizens and
consumers are served, protected, and represented in relation to the
availability of electric transmission and generation and related
costs, during periods of peak demand.