Source: KQED | By Matthew Green

But Lee Trotman, with The Utility Reform Network, said PG&E enjoyed record profits last year — of $2.47 billion — and shouldn’t need to raise rates to further satisfy its investors. “The overall message is that rates have gone up without fail,” he said. “They’re doing everything they can to make shareholders happy at the cost of ratepayers.”

The increasingly steep cost of keeping the lights on and the heat flowing comes as PG&E last week asked California regulators if it could increase the rate of return for its investors, to 11.3%, up a percentage point from the current limit — a move that would result in yet another rate hike.

Source: Los Angeles Times| By Sammy Roth

“The people of California deserve better than to have their money used against them, to pay for utility lobbying,” said Mark Toney, executive director of the Utility Reform Network, in a news release supporting the bill. The Utility Reform Network, an Oakland-based consumer watchdog group, also supports SB 330 from Sen. Steve Padilla (D-Chula Vista). The bill aims to lower the cost of expanding the power grid by testing out public financing for new electric lines — instead of utility shareholder financing, with its guaranteed profit margins.

AB 1167 from Assemblymember Marc Berman (D-Menlo Park) offers a good starting point for lawmakers looking to address utility profits. The bill would make it harder for utilities to charge customers for advertising campaigns and other political activities that should be funded by shareholders — an area where PG&E has faced criticism. A similar bill failed to pass last year amid opposition from the utilities.
Utility executives, to their credit, sound open to the concept. But other proposals to limit electric rates — such as requiring utilities to pay for certain grid investments through securitization, which Newsom had hoped to achieve last summer — have faced stiff opposition from utilities, because they would cut into shareholder profits.

Source: GV Wire: Fresno| By Edward Smith

“California utilities are making record-breaking profits while hardworking people across the state struggle with skyrocketing bills,” said Mark Toney, executive director at The Utility Reform Network. “The people of California deserve better than to have their money used against them, to pay for utility lobbying and promotional advertising. It is time legislators take action to hold for-profit utilities accountable.”

Assemblymember Marc Berman (D-Menlo Park), introduced Assembly Bill 1167 on Feb. 21. The bill requires utility companies to justify rate increases. It makes “unjust” or “unreasonable” charges unlawful, according to the bill text.

Source: Communications Daily | By Adam Bender and Jimm Phillips

Possibly facing the end of the federal affordable connectivity program (ACP), theCalifornia Public Utilities Commission should quickly modify grant rules to ensureservice stays affordable, said The Utility Reform Network in petitions Friday andMonday. “We don’t have the luxury of time here,” said TURN Telecom Policy Analyst LeoFitzpatrick in an interview Monday. TURN sought changes to grant rules for the California Advanced Services Fund (CASF) broadband infrastructure account in a Friday petition in docket R.20-08-021. In a Monday petition (docket R.20-09-001) along similar lines, TURN and the CPUC’s independent Public Advocates Office suggested changes to the CPUC’s federal funding account (FFA), which uses broadband funding from the U.S. government. In both cases, TURN asked the CPUC to pause making awards until it updates rules to account for ACP’s end and to direct applicants to amend already filed applications.

Reprinted with permission of Warren Communications News, Inc. and Communications Daily, 800-771-9202, https://warren-news.com/ and https://communicationsdaily.com/

Source: The Sacramento Bee | By Ari Plachta

“When I read this, I was like, ‘Holy crap, they’re using ratepayer money,’” said Sen. Dave Min, an Orange County Democrat who authored the bill. “I’m a SoCalGas customer. They’re using my money to lobby against climate regulations, and that is really messed up.”

A state senator introduced a bill Wednesday to strengthen laws that prevent energy utilities in California from passing on the costs of political lobbying to their customers.