Re:PG&E turning off power to protect against fire has create...
by Symmetry on Wednesday October 30, 2019 @09:50AM
(#21397680)
The CPUC sets PG&E's profit margins so if they company can't persuade them to let them increase their profit margin then spending more on maintenance would be a good way to make more money. But of course, that would require them persuading the CPUC to let them raise rates to pay for cutting the vegetation.
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Re:PG&E turning off power to protect against fire has create...
by TheHypnotist on Wednesday October 30, 2019 @11:32AM
(#21398842)
When you said make money, do you mean generate revenue? Because turning off the power does not generate revenue (but of course, i understand what you are trying to say). I don't know what PG&E does or their relationship with the CPUC, but typically the best way to get that rate increase is to do actual grid improvements. I would presume that would be getting out in front of their current situation.
From what I understand this situation might be a complex mix of mismanagement at every level, state to utility.