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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 ...
After questioning Portland General Electric about recent rate hikes, Oregon Senator Ron Wyden announced Wednesday that the utility giant will "take every possible step” to keep residential rates ...
The times interest earned ratio indicates the extent of which earnings are available to meet interest payments. A lower times interest earned ratio means less earnings are available to meet interest payments and that the business is more vulnerable to increases in interest rates and being unable to meet their existing outstanding loan obligations.
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 ...
Interest rates on COFI loans and mortgages tend to fluctuate more slowly than variable-rate loans linked to other indexes. An index used to determine interest rate changes for some adjustable-rate mortgages. The 11th District Cost of Funds Index was first introduced in December 1982. It is a National Monthly Median Cost of Funds defined as ...
After increasing the target interest rate 11 times from March 2022 to July 2023 in an effort to combat the highest inflation in four decades coming out of the pandemic, the Federal Reserve ...
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).
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 ...