AB 825 (Petrie-Norris)

Funds to Lower the Costs of Future Transmission Projects

Creates a Public Transmission Program that will utilize the $325 million of Proposition 4 funds authorized by voters to be used to fund efforts to lower the cost of future transmission projects. By making lower-cost debt and equity available to transmission developers, this bill will make possible the use of novel public-private collaborations with the potential to save ratepayers billions of dollars per year over the next two decades.

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