SB 943: Public utilities: electricity: retail transmission rates: industrial transition usage.

The bill aims to regulate public utilities, specifically electrical corporations, in California. It would allow the Public Utilities Commission to direct an electrical corporation to apply an adjustment factor to the per kilowatt-hour rate for large commercial or industrial customers to limit the nonbypassable charge ratio. This would facilitate the electrification of industrial energy use. The bill also establishes a policy that allocation of transmission and distribution costs should follow cost causation principles. To achieve this, the commission will request the Independent System Operator to reconsider its transmission access charge structure and develop recommendations for changes to high-voltage transmission access charges.