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Wouldn't investing revenues into infrastructure be a way to lower profit on their balance sheet? It seems like the profit cap would be an incentive to reinvest.
by tomjakubowski 7y ago
Wouldn't investing revenues into infrastructure be a way to lower profit on their balance sheet? It seems like the profit cap would be an incentive to reinvest.
- deleted 7y ago[deleted]
- bcrosby95 7y agoAny rate hike has to go through CPUC. Whether or not they would fight it depends upon the reasonableness of the request. There are other organizations that would likely fight it though.