Pacific Gas and Electric Co. asked regulators Thursday for permission to raise nearly $2 billion in new revenue from ratepayers over three years, starting in 2020, with more than half the proceeds going to cover wildfire prevention work.
If it is approved by the California Public Utilities Commission, the proposal would increase an average residential customer’s bill by 6.4 percent, or $10.57 per month in 2020, PG&E said.
. . . Separately, PG&E is also seeking the commission’s approval for a six-year rate increase in a different case involving the decommissioning of the Diablo Canyon nuclear power plant on the Central Coast. That proposal would increase the average residential customer’s monthly bill by 2 percent, or $1.98, PG&E said.
. . . The utility has a separate case before the Federal Energy Regulatory Commission seeking to raise $171 million in revenue, which would amount to about $1.50 per month more on the average residential customer’s bill, Paulo said in a follow-up email.View Article