Why it matters
If approved, the increase would raise electricity costs for Pacific Power’s California residential customers. The supplied report does not specify how many households would be affected or when any increase might take effect.
ECONOMY • UNITED STATES
Pacific Power seeks 57% rate increase in California
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Pacific Power is asking California regulators to approve a 57% rate increase. The Wall Street Journal says the proposal would add about $120 a month to a typical residential power bill.
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