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Energy Law

May 4, 2001

PG&E Can't End Rate Freeze

SAN FRANCISCO - A federal judge in Los Angeles dashed the hopes of beleaguered Pacific Gas & Electric Co. on Wednesday in its effort to immediately raise roughly $10 billion from California ratepayers by ending the freeze on retail rates paid by consumers.

By Pamela A. MacLean
Daily Journal Staff Writer
        SAN FRANCISCO - A federal judge in Los Angeles dashed the hopes of beleaguered Pacific Gas & Electric Co. on Wednesday in its effort to immediately raise roughly $10 billion from California ratepayers by ending the freeze on retail rates paid by consumers.
      ...

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