Existing law requires the commission to authorize the electrical corporation to establish a memorandum account to track costs incurred to implement the wildfire mitigation plan and requires the commission to consider whether the cost of implementing the wildfire mitigation plan is just and reasonable, as provided.

Existing law also requires the office to oversee and complete a review of each electrical corporation's compliance with its plan. Existing law requires each electrical corporation to annually prepare and submit a wildfire mitigation plan to the Office of Energy Infrastructure Safety for review and approval. Under its existing authority, the commission requires certain electrical corporations to implement the California Overhead Conversion Program to provide financial assistance to local governments to facilitate projects that are in the public interest and replace overhead infrastructure with infrastructure in underground trenches. Under existing law, the Public Utilities Commission has jurisdiction over public utilities, including electrical corporations.

Public utilities code 2889