PG&E Makes Another Request to Increase Rates

Source: The San Joaquin Valley Sun  |  By Reid Stone

Pacific Gas and Electric is asking for another $1.46 billion from customers to cover costs for wildfire mitigation and catastrophic events. This comes less than one month after the utility’s request for rate increases was approved by the California Public Utilities Commission.

The utility company is seeking an interim authorization to begin raising customers’ bills as early as March, even before the CPUC approves its latest rate increase proposal. Combined with the annual true up of energy costs that start in January, the rate increases could increase average monthly bills by $40 to $60, The Utility Reform Network (TURN) executive director Mark Toney told The Mercury News.