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The rate hikes include PGE’s request to state regulators to approve a 7.4% rate increase in February, which was followed by an increased request to a 10.9% increase in July. PGE later requested ...
According to the third filing, PGE had updated its request with a reduced base rate adjustment of 6.3%. This increase follows an 18% rate hike in early 2024, which marked a 43% total increase ...
PG&E's ROE rate was set at 10.4% and a return on rate base (ROR) was set at 8.06% by the CPUC in December 2012. [3] [287] PG&E electricity rates are among the highest in the United States. In his 2013 paper Jonathan Cook of the UC Davis Energy Efficiency Center, described the 'unique factors' that explain why PG&E's rates are higher than other ...
Didn’t PG&E just get a rate increase? It doesn’t matter. Now it’s asking for another one. On top of the $35-a-month increase that just took effect, Pacific Gas & Electric Co. is asking for ...
Pacific Gas & Electric v. Public Utilities Commission, 475 U.S. 1 (1986), was a United States Supreme Court case involving a dispute over newsletters that the San Francisco–based privately-owned public utility Pacific Gas and Electric Company (PG&E) had included with its monthly bills to customers. The special interest group Toward Utility ...
PG&E, the gas and electricity provider for 16 million customers in Northern and Central California, implemented rate increases on Jan. 1 and recently proposed a new fixed charge based on income ...
The rate impact those leaving for CCAs was expected to be a 1.68% increase to those customers leaving PG&E; 2.5% increase on Southern California Edison defectors and 5.25% on customers departing SDG&E. [48] The choice to opt out can be a benefit for customer choice but it can also be a risk for CCA programs because if there are many customers ...
This year, PG&E hiked rates four times. The company’s rate requests must be approved by the utilities commission, whose members are appointed by Gov. Gavin Newsom and confirmed by the state ...