Pacific Gas & Electric seeks $1.47 billion from ratepayers for wildfire liability costs detailed in its 2021 Wildfire Mitigation Plan. PG&E’s Sept. 16 application to the California Public Utilities Commission seeks to recover $1.4 billion in expenses and $197 in capital expenditures over two years. The costs are to cover its wildfire risk mitigation activities, “respond to government-declared catastrophic events to repair damaged facilities, restore utility services, and protect the Utility’s employees and customers; and implement various customer-focused initiatives,” according to the company’s Securities & Exchange Commission filing.
The Western Area Power Administration Desert Southwest and Lower Colorado Balancing Authority will join the Energy Imbalance Market. WAPA signed an agreement with the California Independent System Operator to participate in the real time western market in 2023. WAPA provides transmission and sells federal hydropower to 70 municipalities, state agencies, irrigation districts and other entities. That includes Arizona Electric Power Cooperative that serves more than 420,000 residential, agriculture, business and industrial customers. The Colorado balancing authority includes Boulder Canyon and Parker-Davis generation resources and the transmission systems of the Central Arizona Project, and the Pacific-Northwest-Pacific Southwest Intertie Project.