2 ms·
This isn't completely correct - despite the "guaranteed profit" model, PG&E always needs approval to increase rates. Whether or not CPUC would fight those rate
by bcrosby95 7y ago
This isn't completely correct - despite the "guaranteed profit" model, PG&E always needs approval to increase rates. Whether or not CPUC would fight those rate hikes is another question. There are some organizations that probably would though.