Legislation that would revamp parts of California’s utility structure — creating public financing opportunities for large-scale projects, returning climate credits back to customers and potentially saving ratepayers billions annually on electricity bills — is headed to the state Assembly, state Sen. Josh Becker, D-Menlo Park, said.
At an Aug. 11 press conference held at the nonprofit advocacy group El Concilio of San Mateo County, Becker — who introduced the legislation, Senate Bill 254 — said that utility prices had become untenable for many Californians.
“The electricity rates are too damn high,” he said. “That’s the issue I hear constantly from residents. People are hurting.”
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