PG&E monthly bills might hop higher due to power line burials

Source: SiliconValley.com |  By George Avalos

PG&E bills may hop higher if the utility lands state approval for a rate proposal that includes wide-ranging plans to bury power lines to help ward off catastrophic wildfires.

A hearing officer with the state Public Utilities Commission is expected to issue a proposed decision in the coming days on PG&E’s general rate request that could trigger an array of impacts on monthly customer bills. Among the proposals is a plan that could oblige its customers to foot the bill to bury PG&E power lines.

“We have a real affordability crisis for utility costs,” Toney said. “One of the biggest cost drivers is this massive expense for burying 10,000 miles of PG&E power lines.” …

Toney thinks the PG&E power line burial program might provide the potential for a higher profit than the less expensive insulation option and ultimately help line the pockets of wealthy investors on Wall Street.

“PG&E’s scheme to underground power lines,” Toney said, “is the most expensive and most costly method of tackling this challenge.”