This measure prohibits assessment of utility tax, bond payments or surcharges for payment of costs of nuclear power plants/related assets; limits authority of electric companies to recover costs for non-nuclear generation plants; prohibits issuance of rate reduction bonds and assessments on customers for payment of bond principal, interest, and related costs; provides judicial review of Public Utilities Commission decisions relating to electric restructuring and financing costs by writ of mandate; may provide up to 20% electricity rate reduction for residential and small commercial customers of investor-owned utilities by January 1, 1999; restricts customer information dissemination.