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CA ACR144
Concurrent Resolution
Status
4/17/2012
Primary Sponsor
Joan Buchanan
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AI Summary
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Urges public review and comment on the $120 million settlement between the Public Utilities Commission and NRG Energy announced March 23, 2012, to settle claims of artificial electricity price inflation during California's 2000-2001 power crisis
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Only $20 million of the settlement goes directly to ratepayers for bill reduction, while $100 million funds NRG's installation of at least 200 fast-charging stations and 10,000 plug-in units across California regions
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Opposes settlement terms that grant NRG monopolistic entrance into California's electric vehicle charging market with exclusivity clauses and unlimited pricing authority, threatening consumer choice and market competition
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Contends the settlement negotiation process lacked transparency and public input, and undermines competitive market policies established by Assembly Bill 631 and Assembly Bill 118
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Requests the full terms and conditions of the settlement be disclosed to ensure ratepayer benefit, consumer choice, and competitive fairness in California's electric vehicle market
Legislative Description
Public Utilities Commission: settlement with NRG Energy.
Last Action
In committee: Set, first hearing. Hearing canceled at the request of author.
6/25/2012