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PG&E CEO Criticizes CPUC Proposals, Claims Cuts Threaten Safety Measures Amid $15.4 Billion Revenue Request

Pacific Gas & Electric (PG&E Corp) CEO Patti Poppe has expressed disappointment with two proposals under review by the California Public Utilities Commission (CPUC) regarding the general rate case proceeding, which he believes are insufficient for necessary safety work. The company had filed an application with the agency requesting a $15.4 billion revenue requirement for 2023, but a proposed decision from a CPUC administrative law judge would reduce this by $1.6 billion, while an alternate proposal from the assigned commissioner on the rate case would reduce it by $2.1 billion. The proposals are set to be voted on by the CPUC on Nov. 2. PG&E’s application had requested authorization to bury 2,000 miles of its power lines and install 320 miles of covered conductors in parallel for this general case period. The utility is seeking to install 10,000 power lines in its service territory to reduce the risk of its infrastructure sparking wildfires.

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