"Balanced expert perspective available fromour huge archive dating back to 1985"
PG&E rate increases
1 October 1997
California's second largest utility is seeking big rate increases for both electricity and gas on the eve of the deregulation of the state's electricity market. Pacific Gas & Electric Company (PG&E) on September 15 asked for increases that would hike customers' gas bills by as much as 25% and electricity bills by about 10%. The electricity increase, if approved by state regulators, would essentially cancel the 10% rate cut that the state legislature has mandated for small businesses and homes starting next year when deregulation takes effect. PG&E will remain a regulated distribution monopoly in its service area while most competition will be in the supply of electricity and gas.
Have you registered with us yet?
Register now to enjoy more articles and free email bulletins.