Terms Used In California Public Utilities Code 132310.5

• Commission: means the Public Utilities Commission created by §. See California Public Utilities Code 20
• Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}