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Title:
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Hearing to consider foregoing increase in revenue from utility surcharges in order to provide utility bill relief, to include the following: (1) Establishment of a fund to reduce utility bills for senior citizens and individuals on fixed incomes. (2) Sources and uses of utility surcharges including 5 percent utility users' tax; 1 percent gas revenue franchise fee; 1/2 percent electrical revenue franchise fee; .05 percent State Energy Commission fee; 1 percent public purpose program charge. (3) Use of proceeds generated from increase in surcharge revenue (which result from overall utility rate increase) to fund the relief measure.
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