As regulators continue to investigate industrywide restructuring as an answer to regional electric rate disparities and calls from large consumers for price reductions, the trend of dealing with...
California Puc Sets PG&E Transition Charge
The California Public Utilities Commission has approved an interim competitive transition charge (CTC) for Pacific Gas & Electric Co. (PGE), effective until the PUC adopts a permanent, industry-wide CTC.
PG&E would collect the charge (39 percent of the current bundled rate) from any customer existing its system before January 1, 1998, the start of electric competition in California.
PG&E spokesman Tony Ledwell said less than a dozen customers had indicated they would attempt to leave the PG&E system early.
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