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The Biden administration is offering Pacific Gas & Electric a record $15-billion loan guarantee to help it improve its electrical grid and meet fast-rising energy use.
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 ...
A company's times interest ratio indicates how well it can pay its debts while still investing in itself for growth. A higher ratio suggests to investors that an investment in the company is ...
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 ...
The U.S. prime rate is in principle the interest rate at which a supermajority (3/4ths) of American banking institutions grant loans to their most creditworthy corporate clients. [1] As such, it serves as the de facto floor for private-sector lending, and is the baseline from which common "consumer" interest rates are set (e.g. credit card rates).
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 crew member Jason Haase, in the trench, installs underground utilities to home sites along Travis Road in Paradise in 2022. PG&E is placing all utilities for electric and gas underground as ...
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 ...