The 2025-26 Budget: Cap-and-Trade Expenditure Plan

Feb 12, 2025 - Specifically, we estimate that if the allowance prices seen at the past two auctions persist throughout 2025 ‑26, in adopting the final budget plan the Legislature and Governor would need to reduce the Governor ’s proposed 2025 ‑26 expenditures by nearly $200  million to prevent a negative fund balance for GGRF at the end of the fiscal year.
https://lao.ca.gov/Publications/Report/4960

Frequently Asked Questions About Wildfires in California

Jan 28, 2025 - (These totals incorporate a modest reduction of roughly $200  million compared to initial plans for the wildfire resilience budget packages due to a decline in the state ’s fiscal condition.) The Figure summarizes these funding commitments.
https://lao.ca.gov/Publications/Report/4952

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - CPUC ’s estimates of the costs of the NEM program to non ‑solar IOU ratepayers range from roughly 10  percent to 20  percent of an average non ‑California Alternate Rates for Energy customer ’s monthly electricity bill depending on the utility —accumulating to over $200 to $400 annually per customer.
https://lao.ca.gov/Publications/Report/4950