AB 2266: Electricity: load-serving entities.

<blockquote> The bill requires the Public Utilities Commission (PUC) to use a consistent capacity valuation method starting January 1, 2030, when setting resource adequacy and procurement obligations for load-serving entities. It also mandates the PUC to consolidate compliance reporting by January 1, 2030. Additionally, if the Independent System Operator exercises its backstop procurement authority, the bill requires the PUC to explain in an annual report why this action was necessary. Violations of these provisions would be considered a crime under existing law. </blockquote>