The Utility Reform Network is legally challenging regulators’ approval of Pacific Gas & Electric’s plan to issue $7.5 billion in ratepayer-backed bonds, plus $4 billion in interest and charges over 30 years, intended to cover part of the utility’s wildfire liability. The California Public Utilities Commission has put “captive ratepayers at risk of paying for
This is an archived article. Log in or Subscribe to our Premium Subscription plan that has access to archived content.