AB 1162

This bill requires the Public Service Commission to establish by order the definition and appropriate characteristics of a very large customer class or subclass for each electric utility. The bill requires any electric utility that offers a tariff or contract rate to a very large customer to file a rate case application with PSC by April 1 of every other year. In such a rate case, the bill requires the electric utility to provide information, according to rules promulgated by PSC, necessary for PSC to determine the total costs the electric utility incurs, and is forecasted to incur, in providing service to the very large customer under the tariff or contract rate. Considering the information provided by the electric utility, the bill requires PSC to determine if the rates charged to the very large customer are just and reasonable or whether they are unreasonable, preferential, or unjustly discriminatory. If deemed unreasonable, preferential, or unjustly discriminatory, the bill requires PSC to adjust rates or modify the terms of service for the very large customer in a manner appropriate to make the rates just and reasonable.