California Regulators Seek to Limit PG&E Rate Hike to 13% to Fund Wildfire Prevention

California regulators have proposed higher rates for PG&E customers to reduce wildfire risk.
PG&E originally requested a 26% revenue increase but proposals would limit it to 13%.
PG&E wants to bury thousands of miles of power lines to prevent wildfires.
Regulators appear to favor insulating lines instead as it's cheaper and faster.
Any rate increase would likely be far higher than the rate of inflation.

kcra.com

Relevant topic timeline:

9/14/2023

CPUC Proposes Lower PG&E Rate Hikes Than Requested to Fund Wildfire Safety Upgrades

Power bills for about 16 million people in Northern California are likely to increase after state regulators released two rate proposals for Pacific Gas & Electric, with both proposals increasing revenue by a maximum of 13%.

10/9/2023

We Energies Proposes Rate Hike Starting in 2024, Public Hearings Set for October

We Energies has filed a proposal to increase electric and natural gas rates in January 2024, and the Public Service Commission of Wisconsin is seeking public input on the matter.