From APPANET
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The California Public Utilities Commission approved an energy action plan that would require the state's investor-owned utilities to spend as much money on energy efficiency programs as they do on building new generation, starting next year. The investor-owned utilities also would be required to provide advanced electric meters to their small commercial and residential customers that would allow them to choose new rates that rise in the afternoon and fall at night or that are tied to the state's real-time market for power.
The House Energy and Commerce Subcommittee on Energy and Air Quality plans to hold a hearing on policies affecting the California electricity market in September. Among the issues the subcommittee will review are a new power market design and Proposition 80, a re-regulation initiative that would prohibit any future restoration of retail direct access.
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