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HomePublic Utilities CodeDiv. 1.5Ch. 3Art. 5§ 3350 Energy Facility Financing Eligibility

§ 3350 Energy Facility Financing Eligibility

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 3350 Energy Facility Financing Eligibility

Key Takeaways

  • •The state checks if new power plants are needed before giving money to build them.
  • •They look at reports from energy experts to see if California will have enough electricity.
  • •If the reports say more power is needed, they might help pay for new power plants.

Example

A company wants to build a new solar farm in California.

The state will check reports from energy experts to see if California really needs more electricity. If the reports say yes, the company might get money to build the solar farm.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 3350 Energy Facility Financing Eligibility

In evaluating the eligibility for financing of additional generation facilities, the authority shall utilize the Energy Commission’s and the Independent System Operator’s, or their successor’s, information relating to the need for additional generating facilities and their forecasts of electric supply and demand for the state. (Amended by Stats. 2002, Ch. 664, Sec. 194. Effective January 1, 2003.)

Last verified: January 23, 2026

Key Terms

commissionportthe stateindependent system operatorauthorityelectricityeligibilitygeneration

Related Statutes

  • § 3351 Electricity Cost And Sales
  • § 3352 Energy Supply Supplementation
  • § 3356 Electric Generation Site Development
  • § 454.57 Renewable Energy Expansion Act
  • § 3341.5 Authority Cost Recovery Rules

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 3350.
View Official Source