SB 123 Summary

• Extends the deadline for the State Air Resources Board to develop a framework for measuring carbon intensity of building materials from July 1, 2025, to December 31, 2026, and requires a comprehensive emissions reduction strategy by December 31, 2028.

• Requires newly installed electric vehicle charging stations to offer contactless credit/debit card payment and telephone or SMS payment options, with direct current fast charging stations required to include Plug and Charge capabilities within one year of installation.

• Increases annual compensation for State Energy Resources Conservation and Development Commission members by 5% for fiscal years 2023–24, 2024–25, and 2025–26.

• Redirects all self-generation incentive program funds to low-income residential customers installing solar photovoltaic systems with energy storage or standalone energy storage systems, eliminating the prior split allocation.

• Authorizes the Department of Water Resources to reimburse electrical corporations for imported energy or capacity products delivered between October 1, 2022, and October 31, 2023, procured at above-market costs to support summer electric reliability.