PG&E Customers Should Pay $277M For Pipeline Work: CPUC

Law360, New York (October 12, 2012, 3:57 PM EDT) -- Pacific Gas & Electric Co. customers should shell out $277 million for pipeline safety improvements stemming from a deadly 2010 explosion, nearly $500 million less than what was requested by PG&E, California utility regulators said Friday.

PG&E, whose proposed safety improvement plan carried a $2.2 billion price tag, had requested nearly $770 million in rate increases through 2014 to cover the plan’s initial costs. However, the California Public Utilities Commission said in a proposed decision that PG&E customers should only be on the hook for 36...
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