AB 2493: Electrical corporations: interconnection: Public Utilities Commission: transmission development monitor.

<p>The bill adds section 769.4 to the Public Utilities Code, requiring large electrical corporations to initiate permitting for projects within one year of adopting transmission plans or executing generator interconnection agreements. Corporations must file applications according to specific general orders and can request deadline extensions with good cause. Failure to comply results in enforcement actions by the commission.</p> <p>Starting January 1, 2027, large electrical corporations are required to hire independent third-party auditors to review their transmission and interconnection submissions, progress on network upgrades, compliance with permitting deadlines, and adherence to remedial actions ordered by the commission. Auditors must submit annual reports to the commission, which then issues resolutions directing corporations to address any identified deficiencies.</p> <p>Violati…