CPUC Oks new electric rate design, nixes PG&E generation spinoff
The California Public Utilities Commission last week (May 9) adopted a sweeping new statewide electric rate design, imposing a $24.15/month fixed customer charge aimed at recovering fixed utility costs combined with lower volumetric rates for customers of the state’s three large investor-owned electric companis. The new rate design, the CPUC stressed, is based on the… More CPUC Oks new electric rate design, nixes PG&E generation spinoff