"It just feels excessive at this point": PG&E rate increase vote delayed
Source: CBS News | By Tori Apodaca
About 16 million people across Northern California will have to wait to see how much more they will be paying for power. The California Public Utilities Commission (CPUC) postponed its vote on the PG&E rate increase that was supposed to happen on Nov. 2 and said it needs more time to decide.
"TURN is very concerned this gives PG&E more time to lobby the commissioners," said executive director of The Utility Reform Network (TURN) that advocates for ratepayers Mark Toney. Toney said PG&E's plan to use the dollars to underground powerlines is more expensive and will take longer than insulating them. TURN thinks there should be a cap on rate increases. "The cap on rate increases should be no more than the cost-of-living adjustments that social security recipients get every year," Toney told CBS 13.
