The 2014 General Rate Case (GRC) – covering years 2014-2016 – is the major regulatory proceeding for PG&E to request the revenue needed to operate, maintain, repair and upgrade their gas distribution, electric distribution and electric generation facilities. The GRC is typically conducted every three years. This funding request reflects PG&E’s commitment to provide its customers with safe and reliable service. PG&E is building a safer and more reliable energy system that will continue to help California remain competitive on a national and global scale. The funding will be used to:
- Assure a high level of public safety in the operation of PG&E’s gas and electric facilities.
- Invest in and maintain the system of power plants, poles, wires, pipes and equipment needed to deliver electricity and gas to PG&E’s customers.
- Improve customer service and maintain the support structure necessary to keep PG&E operating and to provide PG&E’s customers with safe, reliable and responsive customer service.
What This Means for You
PG&E’s projected system bundled and DA/CCA electric rates are expected to increase as much as 6.4% (6.0% for Large Commercial: E19 & E20) and 7.8% (7.9% for Large Commercial: E19 & E20) respectively, if the CPUC approves PG&E’s requested funding. Bundled gas rates are expected to increase by 11.7% (Small Commercial: GNR1) and 5.7% (Large Commercial: GNR2) for small and large commercial classes. Please see the table below for projected rate change per class.
Additionally there are other proceedings currently pending before the CPUC that could change the estimated January 2014 electric rate impacts. Several key case filings are expected to be submitted by PG&E in the future. Along with the GRC, PG&E’s Annual Gas True Up and Annual Electric True Up will impact PG&E’s January 2014 rates.