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tularetom

(23,664 posts)

2. Doesn't the CPUC rule on rate requests by utilities like PG&E?

Reply to Newsjock (Original post)

Mon May 6, 2013, 06:32 PM

May 2013

So it seems to me that they have control over where the money comes from to pay the fines. All they have to do is fine the living shit out of them and then simply deny any rate increases that PG&E asks for.

This is just political double talk by regulators who really don't want to regulate. Maybe it's time for some major housecleaning on the commission.

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State (of California): Fining PG&E 'does not make sense' [View all] Newsjock May 2013 OP

Correct. It doesn't make sense. The utility should spend ALL such funds for system improvements. NYC_SKP May 2013 #1

No, they should be forced to pay the fine just dont let them raise rates to pay for it is all. nt cstanleytech May 2013 #4

That cannot be done. NYC_SKP May 2013 #7

So, this is another to big to fail? nt cstanleytech May 2013 #8

No. It's a Gordion Knot of regulatory and bureaucratic entanglement. NYC_SKP May 2013 #9

How about a compromise then? Fine them still cstanleytech May 2013 #10

This is a better approach. (nt) NYC_SKP May 2013 #11

It will still hurt a lot of retirees and families cosmicone May 2013 #12

I doubt it will impact many if any. cstanleytech May 2013 #13

THey USEDTO BE safe and paid dividends. Not anymore. Privatizing ruined that. SharonAnn May 2013 #18

Jail for CEO, BoD, etc in lieu of fine would be OK. HooptieWagon May 2013 #16

Doesn't the CPUC rule on rate requests by utilities like PG&E? tularetom May 2013 #2

Let's talk about a simple reality. freethought May 2013 #3

Rather than fining the utility adieu May 2013 #5

+100. HooptieWagon May 2013 #17

Get the job done, make them fix the mess. The shareholders made money off of mismanagement, even if freshwest May 2013 #6

Sure, let PG&E spend its money to fix the lines. OnyxCollie May 2013 #14

Jail Time makes sense for "dozens of regulatory violations" - seems to be a pattern nt msongs May 2013 #15