Pacific Gas and Electric Company (PG&E) on Monday, April 2 filed several ratemaking requests with the California Public Utilities Commission (CPUC). Company officials said PG&E is taking action to pass along approximately $450 million in annual tax savings to its customers. As a first step, PG&E made three separate filings requesting to pass along approximately $325 million per year in federal tax savings from the federal Tax Cuts and Jobs Act for 2018 and 2019.
Utilitys Tax Savings Could Impact Electric Rates