PG&E Could be Allowed to Recover Over $1 Billion Total Expenses Under Proposal

Source: The Sacramento Bee  |  By Stephen Hobbs

Pacific Gas and Electric Co. could be allowed to recover more than $1.4 billion from ratepayers for wildfire mitigation, vegetation management, storm response and other expenses the company had in 2022 under a proposed decision set to go in front of state utility regulators.

The Utility Reform Network, an organization also known as TURN that closely watches and challenges utility filings, said the company knew the program was not cost-effective but kept doing it anyway in 2022.  The suggested decision supports that argument, saying the company acted “unreasonably and imprudently” when it continued the program in 2022 without making changes even as expenses outpaced budgets. “This proposed decision sends a clear message that ratepayers should not have to pay for unnecessary overspending that doesn’t benefit wildfire safety,” Mark Toney, TURN’s executive director. “We are hoping the commissioners will stand strong and adopt the recommendations.”