CA SB1138

Requires the California Public Utilities Commission to allow load-serving entities (electrical corporations, electric service providers, and community choice aggregators) to meet up to 25% of their resource adequacy compliance obligations through sales or transactions with other load-serving entities on a short-term basis

Transactions between load-serving entities may be denominated in the same time units used for resource adequacy compliance requirements

Amends Section 380 of the Public Utilities Code, which governs resource adequacy requirements established by the commission in consultation with the Independent System Operator

Creates no state reimbursement requirement for local agencies, as any costs result from changes to crime or infraction definitions under the Public Utilities Act