Abstract :
This article describes the California electricity situation, focusing on provisions of California Assembly Bill 1890, key concepts of the restructuring act, transition cost recovery, reducing the competition transition charge (CTC) cost, electric rate freeze and reductions in rates, public interest funding, and subsequent events.
Keywords :
electricity supply industry; legislation; power system economics; California Assembly Bill 1890; California electricity situation; competition transition charge cost reduction; electric rate freeze; public interest funding; restructuring act; transition cost recovery; Assembly; Control systems; Costs; ISO standards; Legislation; Natural gas; Power generation; Power industry; Power system reliability; Statistics;