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|February 17, 2018|
Utility denied rate increase over wildfire costs
SAN FRANCISCO – (INT) – San Diego Gas and Electric has been turned down in its effort to recover costs it incurred in a series of three major wildfires 10-years ago.
The California Public Utilities Commission (CPUC) pointed out that SDG&E facilities caused the Witch, Guejito, and Rice Wildfires and did not reasonably operate its facilities linked to the fires, which thereby prohibits the utility from recovering those costs through rate increases.
SDG&E had sought CPUC approval to recover $379 million, which represents a portion of the $2.4 billion in costs and legal fees incurred by SDG&E to resolve third-party damage claims.
CPUC determined that SDG&E’s operation and management of its facilities prior to the ignition of the wildfires in 2007 was not prudent.
Story Date: December 11, 2017