California Legislature Passes SB 254; Landmark Electricity Affordability Legislation Expected to Save Ratepayers Billions

Source: Lake County News  |  By Lake County News Reporter

The California Legislature passed landmark legislation on Saturday that supporters said will save utility customers billions on their electricity bills annually, while ensuring the state’s wildfire fund, an insurance policy for utilities, remains solvent in the wake of claims from the 2025 Eaton Fire.  SB 254 (Becker, D-13) will help stem the tide on electricity rate increases while replenishing the state’s wildfire fund. The legislation was backed by strong support from voters: Recent polling shows 85% of voters say it's important for their representatives to do everything possible to lower electricity bills this year.

“Given the utility affordability crisis that residents, agriculture, industrial businesses, small businesses and older customers face, we need to work harder than ever in 2026,” Toney said. “Voters have been crystal clear in demanding that legislators put customer affordability ahead of utility company lobbying, and TURN is expecting lawmakers to roll up their sleeves to make utility affordability a top priority in the next legislative session.”