California SB905: Electricity.

What the bill says

An act to add Sections 451.11, 701.11, and 769.1 to the Public Utilities Code, relating to electricity. electricity Electricity. Existing law vests the Public Utilities Commission with regulatory authority over public utilities, including electrical corporations. Existing law authorizes the commission to fix the rates and charges for public utilities and requires that those rates and charges be just and reasonable…

From the chaptered text, September 30, 2026:

An act to add Sections 451.11, 701.11, and 769.1 to the Public Utilities Code, relating to electricity. electricity Electricity. Existing law vests the Public Utilities Commission with regulatory authority over public utilities, including electrical corporations. Existing law authorizes the commission to fix the rates and charges for public utilities and requires that those rates and charges be just and reasonable. This bill would require the commission, for each electrical corporation, to consider assigning a reduced return on equity, as a reduction applied each year to the then current authorized rate of return on equity, for specified types of capital costs included in the electrical corporation’s rate base, as specified. This bill would require the commission to initiate a rulemaking proceeding to evaluate opportunities for alternative methods of financing capital investments in electrical distribution, electrical generation, and electrical transmission that reduce costs for ratepayers, as specified. As part of the rulemaking, the bill would require the commission to establish categories of alternative financing mechanisms for each electrical corporation to evaluate and report on with respect to opportunities for alternative financing of electrical distribution, electrical generation, and electrical transmission costs, as specified. The bill would require the commission, on or before December 31, 2028, to submit a report to the Legislature outlining any findings and recommendations resulting from the rulemaking, as specified. …

Read the full official text

Sponsors

• Josh Becker (D, SD13) · primary sponsor
• Henry Stern (D, SD27)
• Tasha Boerner (D, AD77)

Latest actions

1. September 30, 2026: Chaptered by Secretary of State. Chapter 986, Statutes of 2026.
2. September 30, 2026: Approved by the Governor.
3. September 8, 2026: Enrolled and presented to the Governor at 4 p.m.
4. August 30, 2026: Read third time. Passed. (Ayes 50. Noes 19. Page 6847.) Ordered to the Senate.
5. August 30, 2026: Assembly amendments concurred in. (Ayes 29. Noes 10.) Ordered to engrossing and enrolling.
6. August 30, 2026: In Senate. Concurrence in Assembly amendments pending.
7. August 30, 2026: Read third time. Passed. Ordered to the Senate.
8. August 18, 2026: Read second time. Ordered to third reading.
9. August 17, 2026: Read second time and amended. Ordered to second reading.
10. August 17, 2026: From committee: Do pass as amended. (Ayes 11. Noes 3.) (August 13).

Votes

• Unfinished Business SB905 Becker et al. Concurrence (August 30, 2026): 30 yea, 10 nay, passed
• SB 905 Becker Senate Third Reading By Boerner (August 30, 2026): 50 yea, 19 nay, passed
• Do pass as amended. (August 13, 2026): 11 yea, 3 nay, passed
• Do pass as amended and be re-referred to the Committee on [Appropriations] (June 24, 2026): 12 yea, 4 nay, passed
• Senate 3rd Reading SB905 Becker (May 26, 2026): 29 yea, 8 nay, passed
• Do pass as amended (May 14, 2026): 5 yea, 2 nay, passed

Common questions

What is SB905?

SB905 is a bill in the California Legislature (2025-2026 Regular Session): Electricity.

What does SB905 do?

In its own words: An act to add Sections 451.11, 701.11, and 769.1 to the Public Utilities Code, relating to electricity. electricity Electricity. Existing law vests the Public Utilities Commission with regulatory authority over public utilities, including electrical corporations. Existing law authorizes the commission to fix the rates and charges for public utilities and requires that those rates and charges be just and reasonable…

What is the status of SB905?

Chaptered as of September 30, 2026. Latest action: Chaptered by Secretary of State. Chapter 986, Statutes of 2026. (September 30, 2026).

Who sponsored SB905?

Josh Becker (D, SD13), with 2 co-sponsors.

Where is the official record for SB905?

On the California Legislature website: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB905