CPUC OKs Rate Hikes for SDG&E and SoCalGas
Submitted by aburr on Sat, 2013-06-01 13:48The California Public Utilities Commission authorized two affiliated energy utilities, San Diego Gas & Electric (SDG&E) and Southern California Gas (SoCalGas), to increase their rates and charges over the four-year period 2012 to 2015. The approved increases are retroactive to 2012, with SDG&E authorized to raise its rates by $123.4 million compared to its 2012 revenue requirement, and with SoCalGas allowed to collect an additional $84.8 million in rates over 2012 levels.