California Public Utilities Commission to hold public hearings in connection to PG&E rate increase


ABC News

PG&E is proposing the rate increase to “meet precautionary measures to further reduce wildfire risks, including taking additional steps to harden infrastructure and increase vegetation management.”

To achieve those goals, “PG&E submitted an application requesting CPUC approval to increase its gas, electric distribution, and electric generation revenues by $1.058 billion (or 12.4 percent) in 2020 over current revenues; by $454 million (or 4.7 percent) in 2021; and by $486 million (or 4.8 percent) in 2022.”