AB 1017: Energy: electrical and gas corporations: general rate cases.

This bill adds a new section to the Public Utilities Code, relating to energy. It requires public utilities to provide certain information to the commission, including the authorized and actual rate of return and return on equity for the past 10 years, and projects related to the corporation's distribution capacity. The commission must review and adjust the revenue requirements based on actual past costs. The bill also requires the commission to consider this information when setting rates and charges. A violation of the commission's actions implementing this bill's requirements would be a crime. The bill imposes a state-mandated local program, which means that the state is required to reimburse local agencies for certain costs.