PG&E granted rate hike to pay for gas pipeline repairs and...

Full story: Inside Bay Area

State regulators Thursday granted Pacific Gas & Electric a $120 million rate hike over the next four years to pay for the repair and maintenance of its natural-gas system but will now require the utility to report what it does with the money.

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Tax Payer View Since: Aug 08 1,682 Location hidden	Reply » \| Report Abuse \| Judge it! \| #1 Apr 15, 2011 Good example how government continues the flow of money on contracts with corruption long term?
Always Real Oakland, CA	Reply » \| Report Abuse \| Judge it! \| #2 Apr 15, 2011 I read a pamphlet that came with my bill that spoke of PG&E asking for an increase in rates due to the amounts that went up for them having to pay more to receive services from outside companies for us to receive utilities that they already paid for. However I've always heard that PG&E was not allowed to raise their rates to receive any monies back due to the San Bruno mishap. Please tell me where you received this information from? It kind of does then allow for PG&E to receive money to make the San Bruno repairs needed indirectly, if this is truly being allowed. Don't you just love how we have so little say so in our world to what happens. By the way, PG&E asks yearly to increase their rates from the governmental agency that governs them. Sorry forget their name at the moment.
Always Real Oakland, CA	Reply » \| Report Abuse \| Judge it! \| #3 Apr 15, 2011 Darn thing. I'm in San Mateo, not Oakland.
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