PG&E has requested state regulators for a rate increase that promises no net change to customer bills for the next two years. This request, part of a general rate case, is described as the smallest increase in a decade, with some costs being eliminated from bills. Critics argue PG&E mismanaged wildfire mitigation expenses, leading to excessive charges to customers, and some officials assert that current operational costs do not justify any rate hikes at this time. The ongoing debate highlights tensions between utility investment strategies and consumer costs.
PG&E executives stated that their proposal aims for no changes to customer bills for the next two years by eliminating excess expenses from previous rates.
TURN and other consumer advocates point out that the high costs associated with wildfire risk reduction lead to overspending, ultimately passing the burden to customers.
Roger Lin from the Center for Biological Diversity argues that there's no reason for rate increases at the current time, indicating financial mismanagement.
Despite PG&E's assertions of a modest rate increase, advocates warn that the utility may still find other ways to increase costs for consumers.
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