Certain California Residents will See Increases in their Utility Bills

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Furthermore, Peterman emphasized, “Our decision is about what customers of the utilities pay. Changing the PCIA formula means costs go up for some customers and down for others. It does not change utility profits.”

On the other hand, Commissioner Liane Randolph commented that the new PCIA formula is “fair to all customers.” It “properly allocates the costs for all resources providing electricity service to Californians.”