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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPG&E says it might have to quintuple its utility rates
California utility company PG&E Corp. said in a court filing Wednesday that it can't afford a federal judge's order to inspect its energy grid and clear trees that could fall into its power lines, work it estimates would cost between $75 billion and $150 billion.
The company told the U.S. District Court in San Francisco that the judge's so-called "vegetation management" plan would force it to dramatically increase the rates it charges customers to employ more than 650,000 full-time employees.
"PG&E would inevitably need to turn to California ratepayers for funding, resulting in a substantial increase an estimated one-year increase of more than five times current rates in typical utility bills," it said in the filing.
The work was proposed in a Jan. 9 order by U.S. District Judge William Alsup.
https://www.msn.com/en-us/money/companies/pgande-says-it-might-have-to-quintuple-its-utility-rates/ar-BBSFYXK?li=BBnbfcN
redstatebluegirl
(12,265 posts)Every time we have a serious ice storm or tornado that takes down power lines our rates go up. They are to cheap to put them underground where they belong.
wasupaloopa
(4,516 posts)it?
Each building gets a trench? I guess and that will link to a bigger trench then bigger until the whole grid is underground?
Will those trenches cause any inconvenience to anyone, traffic patterns?
redstatebluegirl
(12,265 posts)they just would not see it "immediately" which is what they want. Utilities should be a public thing not a private one.
dumbcat
(2,120 posts)the ones that go from substations out to facilities and individual customers. But it's not so easy (or cost effective) for the high voltage (385kV and up) Transmission lines that one sees going through the countryside on those big towers. There are problems with physics in trying to put them in the ground in a cost effective (affordable) manner. (Corona effects and induced currents in ground.)
High Voltage Direct Current (HVDC) transmission lines can handle underground installation a bit better, but they have their own problems and are not so common.
Here's a pretty good layman's level article on the issue with the distribution lines:
https://www.popsci.com/why-dont-we-put-power-lines-underground
Here's a little more professional summary:
https://www.nationalgrid.com/sites/default/files/documents/45349-Undergrounding_high_voltage_electricity_transmission_lines_The_technical_issues_INT.pdf
There are lots of others out there if you are really interested.
wasupaloopa
(4,516 posts)wryter2000
(46,051 posts)My last bill was $200. I can sure afford to pay PG&E $1,000/month.
lame54
(35,295 posts)They still need their bonuses
sakabatou
(42,160 posts)dumbcat
(2,120 posts)regulated by the California Public Utilities Commission. It serves the northern part of California. PG&E is one of four regulated, investor-owned utilities (IOU)s in California; the other three are PacifiCorp's Pacific Power, Southern California Edison and Sempra Energy's San Diego Gas & Electric.
I guess I would call it a monopoly, but it's rates are controlled by the PUC.