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Daily Business Report: May 13, 2024
13 May 2024 13:26 GMT
Commentary
Newsom finally aligns with Legislature’s gloomier
budget outlook, blaming ‘massive volatility’
By Dan Walters
When Gov. Gavin Newsom proposed a 2024-25 state budget in January, he declared that the state faced a $38 billion deficit and chided …
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Can California's new fixed rates really help the energy transition?
13 May 2024 09:16 GMT
Skyrocketing electric bills are threatening California’s climate, electrification, and energy equity goals. Last week, state regulators approved a major policy shift meant to address this problem — but left the core driver of the bill increases untouched.
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Newsom-Appointed Regulators Vote to Change California Electric Bills, Rewarding People Who Use More Power
11 May 2024 19:10 GMT
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On Thursday, the California Public Utilities Commission voted to allow the state's utility providers to add a fixed fee to all electrical …
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California regulators vote on power bill calculation method
11 May 2024 18:03 GMT
SACRAMENTO, California: As part of the state's transition to clean energy, California regulators voted this week to make it cheaper for people to charge electric cars and cool their homes in the summer. However, critics said it will raise prices for …
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NorthWestern Energy presents wildfire plan to regulators as more utility giants face fire liability
11 May 2024 00:29 GMT
Members of the Montana Public Service Commission met with Northwestern Energy staff at a May 6th meeting where utility representatives talked more about their plans to decrease wildfire risk.
From installing technology for early detection to shutting down …
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Letters: Busy roads | Expanded solar | Alternative technologies
10 May 2024 23:17 GMT
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Bay Area roads toobusy for roundabouts
Dearly departed Mr. Roadshow was a big fan of roundabouts, touting their use on Bay Area roads multiple times. I grew up in New Jersey …
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California PUC OKs $24/month fixed charge for IOUs with eye to equity, electrification
10 May 2024 22:25 GMT
Dive Brief:
The California Public Utilities Commission on Thursday unanimously approved a new income-graduated fixed charge for the state’s investor-owned electric utilities. The move significantly changes the structure of customer bills, with an aim to …
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California approved a fixed rate billing system for electric utilities: What's next
10 May 2024 21:03 GMT
SAN DIEGO (FOX 5/KUSI) — California’s utility regulators approved a proposal on Thursday that will shift the way households pay for their electricity to a new flat rate system — a controversial change made in an effort to put the brakes on skyrocketing …
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California Public Utilities Commission introduces fixed charge on electricity bills: Impact on students.
10 May 2024 17:10 GMT
For many households, this fee will amount to $24.15, designated for the installation and upkeep of essential equipment vital for electricity transmission.
The California Public Utilities Commission (CPUC) recently approved a significant change to the state …
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California PUC rejects PG&E plan to spin off 5.6 GW in non-nuclear assets
10 May 2024 14:56 GMT
The California Public Utilities Commission on Thursday rejected Pacific Gas & Electric’s plan to spin off its non-nuclear generating assets, totaling 5.6 GW, into a subsidiary called Pacific Generation and sell a minority interest to a third party to …