TURN Urges CPUC To Reject PG&E’s $3 Billion Rate Increase

Press Release
Written By Shannon Lo

Oakland, CA – The Utility Reform Network (TURN) on November 5th urged the California Public Utilities Commission (CPUC) to deny PG&E’s request to drive up customers’ bills with another $3 billion in proposed spending. This proposed increase would be for PG&E to connect new schools, hospitals, and housing developments to the electrical grid.

PG&E’s request would add to the burden on ratepayers who are already facing record-high utility costs and affordability challenges. This increase, TURN notes, comes on top of the January 25th approval of $2 billion in interim funding for PG&E’s backlogged connection projects, in addition to its authorized $7.3 billion annual budget for electric distribution.

“PG&E’s request is an abuse of SB 410’s Powering Up Californians Act “ said TURN spokesperson Lee Trotman. “The CPUC set these caps just months ago to protect customers from excessive spending so approving this increase so soon after the caps were set makes no sense. TURN calls on the CPUC to hold PG&E accountable and deny this unnecessary hike.”

Contact: Lee Trotman • Communications Director • Ltrotman@turn.org •  (415) 248-8446

 
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