3 ms·
Having watched CPUC in action, it's not quite a blank check, but damn close. Utility comes in and says "we desperately need a rate hike to fund $X00 million" t
by epistasis 3mo ago
Having watched CPUC in action, it's not quite a blank check, but damn close.
Utility comes in and says "we desperately need a rate hike to fund $X00 million" then CPUC gets them down to x-1 or x-2 and the whole thing could hav been avoided by better management from the start.