PG&E Wants Higher Rates Even While Collecting Millions for Improvements Never Made?

Since the several disastrous accidents that claimed the lives of too many Californians, Pacific Gas & Electric has been fighting criticism over its dismal safety record. In response, the energy provider cried poor and said it needed billions for upgrades and repairs and wanted ratepayers to pay even more for its services. But a new report says that PG&E collected millions from ratepayers for repairs and improvements that it never actually made.

Early last year PG&E got a large rate increase, but by August the energy provider was at it again asking for an additional $2.2 billion for upgrades, repairs, and improving its explosion-prone delivery system, a cost to be born on the backs of the ratepayers.

This January, though, the California Public Utility Commission (CPUC) reported that PG&E has already collected half a billion dollars that was supposed to go to these repairs and upgrades yet the repairs were never made.

The report by the California Public Utility Commission’s safety division also disclosed that PG&E in recent years has collected more than a half billion dollars from ratepayers for system improvements that were never made or that exceeded the amount of money it was authorized to earn. That finding, from an audit, could make it harder for the utility to saddle its customers with 90 percent of the cost of its $2.2 billion pipeline-renovation plan, as it recently has proposed.

The report concluded that PG&E violate the law. Officials plan to hold hearings to consider the charges contained in the report and to make recommendations of where to go from here.

Whatever happens, ratepayers deserve an accounting of the unused millions and need to be assured that the high energy prices they are suffering under will actually be spent on improving public safety as they were promised it would be.

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  • GarandFan

    Aren’t you glad that the idiots in Sacramento “deregulated” the electrical market?

    • SCSIwuzzy

      PG&E’s problems, and choice to not spend on their infrastructure, began long before deregulation.

      • SCSIwuzzy

        However, the fact that it has gone on so long, so blatantly, the PUC owns alot of the blame as well.

    • SCSIwuzzy

      Howeverr, the fact that it has gone on so long, so blatantly, the PUC owns alot of the blame as well.

    • That would be California Republican Governor Pete Wilson.

      Yep, he was an idiot all right.

      • GarandFan

        Yeah, Wilson was a dumb shit to sign it.  And if you lived here at the time, one of the money quotes from one of the Democratic assholes pushing it was:

        ‘No one here really understands the legislation except for Steve Peace (D from Chula Vista) – and “he’s the smartest man in the Senate” – Steve says it’s okay.’

        Yeah.  “Okay”.  We saw how well that worked out.

  • Commander_Chico

    A large corporation scamming customers and shorting maintenance in order to maximize shareholder return for the next quarterly report.  Why, that’s never been heard of before! I blame Obama.

    But let’s not disperse generation and reduce reliance on the likes of PG&E by being entreprenurial small producers, putting up our own solar panels, erecting wind turbines on our properties and building small town hydro plants here and there – that would be “liberal.”

    • Yes, inefficient and counterproductive boondoggles are definitely “liberal.”

      Say, how are solar panels produced?  Any toxic pollution generated?

      How many rare birds will die in your windmills?  How many darters will perish at your small dams, Frances?

  • 914

    Barry will not be happy until we are all not..

  • 914

    PG&E Wants Higher Rates Even While Collecting Millions for Improvements Never Made?”

    Kinda like Barrak!  Obauma !! Spending trillions without a clue!!

  • Brian_R_Allen

    ….  PG&E got a large rate increase, but by August was “at it again” asking for an additional $2.2 billion for upgrades, repairs, and improving its delivery system, a cost to be “born on the backs of the ratepayers ….”

    Very Leftard language. And very highly negatively charged. (Little electricity-reticulation lingo for yah, there) 

    Every corporation’s (and every corner Mom’s and Pop’s) costs and taxes are paid by the corporatism’s customers. And heavily authoritarian-bureaucracy-regulated “service” industries are never free enough to in any way efficaciously respond to customers nor to quickly enough respond to their own needs. 

    Imagine having to file forms in quintuplicate to a Democratic”-potty-activist mobbed-up-unionized jack-booted TSA Thuggee AND at the DMV, Parks and Wildlife and to the EPA — and awaiting those gangsters’ approvals — every time you need a lavatory break and you will have a bit of a feel for operating under the constraints placed by perilously pernicious politicians and by mindless bureaucrats (not one of whom has ever so much as managed a night-shift in a 7-Eleven or a day-shift in a San Louis Obispo cab) on PG&E and similar service providers.

    Bring back Mister Tea!