California lawmakers on Thursday spiked two bills aimed at limiting electricity rate increases in the state.
What happened: The state Assembly Appropriations Committee held AB 1774, a bill by state Assemblymember Tasha Boerner (D), and AB 2338, a bill by state Assemblymember Rhodesia Ransom (D), effectively killing both measures.
Why it matters: The decisions are a blow to ratepayer advocates, who are pushing to limit the costs that California’s utilities pass on to their customers.