AB 2408: Energy: billing.

The bill aims to increase transparency and fairness in energy billing by requiring public utilities to disclose public purpose program charges to ratepayers. It would also allow ratepayers to opt out of funding certain programs and provide a mechanism for ratepayers to modify their opt-out elections. The bill would establish a 6-month suspension of fees charged to ratepayers on electricity or natural gas bills if the average price exceeds 10% of the national average. Additionally, it would suspend requirements for covered entities under the California cap-and-invest program for 6 months if the average price exceeds 10%. Local publicly owned utilities would be required to adjust their tariff rules to limit the time for adjusting customer bills, with specific timeframes for residential, small business, and large business customers. The bill would not require reimbursement for certain cost…