PG&E seeks $4.2 billion rate hike
June 10, 2010
The meeting, one in a statewide series being conducted by the CPUC, will start Tuesday at 7 p.m. inside the Meadow Park Building, 2333 Meadow Street in San Luis Obispo.
PG&E is seeking permission from the CPUC for electric and gas rate increases that total $4.2 billion.
“This is your chance to speak up to any and all issues of concern related to the utility,” wrote Rochelle Becker, executive director of the Alliance for Nuclear Responsibility, in a widely-distributed email.
Becker believes that the public should be concerned by the $10 million compensation package being lavished on CEO Peter Darbee and money being wasted on the controversial SmartMeters.
Becker also wants any renewal of the Diablo Canyon operating license to be put on hold until seismic feasibility studies are completed. Details are available on the web site.
A PG&E representative is scheduled to be at Tuesday night’s meeting to answer specific questions.