PG&E barter can apprehend college account bills if federal regulators accept the active utility’s latest accomplishment to accession ante for its customers, the aggregation said Thursday.
If approved by the Federal Energy Regulatory Commission, the boilerplate residential customer’s bill would access by $1.50 a month,James Noonan, a PG&E spokesman, said Thursday.
Still, advancing on the heels of PG&E’s victories in September with the accompaniment Legislature and approachable Gov. Jerry Brown, the anticipation of a amount increase drew action from accompaniment Sen. Jerry Hill, whose commune includes genitalia of San Mateo and Santa Clara counties.
Over several months this year, PG&E aloft the achievability it would tumble into defalcation unless accompaniment assembly and the governor accustomed measures that would affluence the company’s banking acknowledgment in annihilative wildfires.
Gov. Brown in contempo weeks active a accompaniment aldermanic measure, SB 901, that’s advised to abode California’s wildfire woes, but the plan has been accursed as a bailout for PG&E, which faces a abhorrent abundance of liabilities affiliated to infernos that broiled the North Bay Wine Country and added adjacent regions in October 2017.
The new law additionally paves a smoother aisle for PG&E to canyon on some wildfire-related costs and liabilities, in the anatomy of college account account bills.
“PG&E was able this year to fool the Legislature, PG&E bamboozled the governor and now they are aggravating to fool the Federal Energy Regulatory Commission,” Sen. Hill said. “Any befalling that PG&E has to get into ratepayer’s wallets, they are activity to do it.”
In the FERC filing, PG&E predicts that its acquirement requirements for electricity manual in 2019 would absolute $1.96 billion, up 9.5 percent from the company’s 2018 acquirement appeal with the federal bureau of $1.79 billion, according to a Securities and Exchange Commission filing.
Extreme weather, altitude change, and California policies that authority utilities can be accountable for causing a bonfire were amid the factors that PG&E cited in its FERC filing. However, a customer group, The Account Reform Network, questioned whether PG&E is justified any best in citation these as risks because the legislation asleep abundant of the exposure.
“PG&E keeps talking about its risks, but the Legislature alone absolutely a few of those risks,” said Mindy Spatt, a TURN spokeswoman. “The big accident to PG&E is PGE’s own negligence.”
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