California regulators must improve oversight of utilities, including SDG&E, and their costs, auditor says

Source: The San Diego Union-Tribune  |  By Rob Nikolewski

A deep dive by the California state auditor did not find any easy fixes for the state’s sky-high utility rates but the auditor concluded the California Public Utilities Commission and its independent consumer division known as Cal Advocates need to do a better job making sure that power companies don’t overstate their costs.

Mark Toney, executive director at The Utility Reform Network (TURN), a ratepayer advocacy group, said the audit raised a number of red flags.

“I think the bottom line is that the utilities are simply not being held accountable by the regulators, and that the regulators need to figure out a way to do a better job,” Toney said. “If they need more resources, if they need more staff, they should ask for it in their budget because everyone who is a (utility) customer is a captive. You can’t go and choose another provider, particularly when it comes to poles and wires.”