#california-puc

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California
fromLos Angeles Times
3 weeks ago

State regulators vote to keep utility profits high, angering customers across California

California regulators kept investor-owned utilities' profit margins near 10%, slightly lowering Edison’s return to 10.03% despite consumer calls to reduce returns to about 6%.
fromLos Angeles Times
3 months ago

Edison electric bills set to rise 10% under state plan. More hikes coming soon

The California Public Utilities Commission is expected to allow Southern California Edison to hike customer bills by nearly 10% next month, and there may be more increases to come. Edison's plan would boost the average residential bill by $17 a month or about $200 a year, the commission said. The monthly bill for a customer using 500 kilowatts would jump from $171 to $188 on Oct. 1. The five commissioners are scheduled to vote Thursday on the PUC administrative law judge's proposal. It's just one of multiple rate hikes Edison has asked the commission to approve in the coming year.
California
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