The Administrative Law Judges Issued A Proposed Decision And Alternate Proposed Decision In Pacific Gas And Electric Company's 2023 General Rate Case Authorize Revenue Period And Allow The Utility To Collect Approved Revenue Increases Starting In 2024
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The Administrative Law Judges have issued a proposed decision and alternate proposed decision in Pacific Gas and Electric Company's 2023 general rate case. The decisions would authorize revenue requirements of $13.82 billion and $13.31 billion respectively for 2023, with increases for the following years. The utility would be allowed to collect approved revenue increases starting in 2024. The key differences between the two decisions relate to underground and overhead system hardening, and escalation.

September 18, 2023 | 1:36 pm
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Pacific Gas and Electric Company's 2023 general rate case sees proposed decisions authorizing revenue requirements of $13.82bn and $13.31bn. Approved revenue increases can be collected from 2024.
The proposed decisions in Pacific Gas and Electric Company's 2023 general rate case would authorize significant revenue requirements for the company, with the ability to collect approved revenue increases starting in 2024. This could potentially lead to increased revenues for the company, which could positively impact its stock price in the short term.
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