Despite public outcry over unusually high natural gas prices this winter, utility executives sought Monday to justify a proposal to generate nearly $5 billion in additional revenue from customers over the next four years.
Saying it was a “very difficult time to discuss this request,” Southern California Gas Co. and San Diego Gas & Electric executive Dan Skopec said during a public hearing of the California Public Utilities Commission that the extra money was necessary for infrastructure improvements.
After next year, revenue for the utility would go up “$292 million in 2025, $267 million in 2026, and $413 million in 2027,” according to the proposal. The sum of all increases would be $4.9 billion over four years. Higher prices would “disproportionally affect low-income families,” Pierre argued, noting that Sempra Energy, the parent company of SoCalGas and SDG&E, made more than $2 billion in profit in 2022.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
High school basketball: Southern California and Northern California Regional results and updated pairingsHigh school basketball: Southern California and Northern California Regional results and updated pairings.
Les mer »
Public encouraged to attend Highway 167 public involvement meetingENTERPRISE- A public involvement meeting about expanding Alabama State Route 167 (SR-167) will be held Tuesday at the Enterprise Civic Center.
Les mer »
Carmel Clay adjusts school calendar for total solar eclipse in 2024As Central Indiana prepares for the area's first visible total solar eclipse in nearly 820 years, the Carmel Clay School Board has moved to change next year's spring break in light of the phenomenon.
Les mer »
South African president to announce cabinet reshuffle on MondaySouth African President Cyril Ramaphosa will announce changes to the national executive at 7:00 p.m. (1700 GMT) on Monday, presidential spokesman Vincent Magwenya said on Sunday.
Les mer »
Weather Authority: Sunny Sunday with heavy wind gusts, ahead of mild MondayMeteorologist Drew Anderson has the latest forecast.
Les mer »
Ahead of Monday’s AAC Tournament, we go one-on-one with Temple guard Aleah NelsonThe Owls guard views Monday's start of Monday's American Athletic Conference women's tournament as a clean slate and a real chance to make a Cinderella run
Les mer »