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Pacific Power Seeks 57% California Rate Increase for Customers

The proposal would raise a typical residential electricity bill by $120 a month and add $103 million in annual base revenue.

An electric meter casts a long shadow beside a California home / TokenPost.ai
An electric meter casts a long shadow beside a California home / TokenPost.ai

Pacific Power asked California regulators on Nov. 6 to approve a 57% rate increase. The proposal would raise a typical residential customer’s electricity bill by $120 a month and add $103 million in annual base revenue.

The Berkshire Hathaway utility’s request reflects capital spending.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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