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PCG PR A - Pacific Gas And Electric Co News Story

$29.83 -0.5  -1.5%

Sector
Utilities
Size
Large Cap
Market Cap £5.73bn
Enterprise Value £31.70bn
Revenue £13.51bn
Position in Universe th / 6855

BRIEF-Pacific Gas And Electric Says On Sept 12, CPUC Approved A Revised Proposed Decision In 2019 GT&S Rate Case Of Co

Tue 17th September, 2019 10:32pm
Sept 17 (Reuters) - PG&E Corp  PCG.N :
    * PACIFIC GAS AND ELECTRIC - ON SEPT 12, CPUC APPROVED A
REVISED
PROPOSED DECISION IN 2019 GT&S RATE CASE OF CO
    * PACIFIC GAS AND ELECTRIC - DECISION REMOVED FROM RATE BASE
$304
MILLION OF PIPELINE REPLACEMENT CAPITAL EXPENDITURES FOR
2016-2018 PERIOD DUE TO COST OVERRUNS
    * PACIFIC GAS AND ELECTRIC CO - BY APPROVING DECISION, CPUC
ADOPTED 2019 REVENUE REQUIREMENT OF $1.332 BILLION VERSUS
UTILITY'S (REVISED) REQUEST OF $1.485 BILLION
    * PACIFIC GAS AND ELECTRIC - DECISION ADOPTED CAPITAL
EXPENDITURES
OF $726 MILLION FOR 2019
    * PACIFIC GAS AND ELECTRIC CO - CPUC ALSO ADOPTED REVENUE
REQUIREMENTS OF $1.432 BILLION FOR 2020, $1.516 BILLION FOR
2021, AND $1.580 BILLION FOR 2022

Source: http://bit.ly/2kOY4yR
Further company coverage:  PCG.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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