PG&E quietly lobbies regulators for plans that may enrich shareholders

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PG&E quietly lobbies regulators for plans that may enrich shareholders
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During a delay ahead of a state panel’s vote to unleash higher monthly PG&E bills, the utility leviathan quietly lobbied regulators about plans that may enrich shareholders as customers endure higher rates.

During a delay ahead of a state panel’s vote to unleash higher monthly PG&E bills, the utility leviathan quietly lobbied regulators about plans that may enrich shareholders as customers endure higher rates. The state Public Utilities Commission is scheduled to make a final decision on Nov. 16 regarding PG&E ’s general rate case by reviewing multiple scenarios for changes in customer monthly bills .

The grim reality: The two main alternative proposals that the PUC is considering — as well as potential tweaks to these primary scenarios — all lead to big increases in monthly bills for PG&E customers. One option that the PUC is considering would increase bills for the average residential customer who receives combined electric and gas services from PG&E by $31.13 a month. Electric bills would jump by $22.37 a month while natural gas bills would increase by $8.76 a month. An alternate proposal that is being floated would increase average residential monthly bills by $25.25 a month. Electric bills would jump by $18.59 a month while natural gas bills would increase by $

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