PG&E Ordered To Refund Customers

Law360, New York (February 22, 2007, 12:00 AM EST) -- A chief administrative law judge has ordered Pacific Gas & Electric Co. to repay $23 million to customers who received delayed and estimated bills from the utility.

The order for the refund payment, which is millions less than what consumer advocates originally sought, comes after California’s investigation into the San Francisco utility’s billing methods.

The consumer protection office of the California Public Utilities Commission suggested last year that PG&E shell out $117 million in refunds, as well as $6.75 million in fines.

But Judge Angela Minkin...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.