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by riku_iki 462 days ago
> Rates haven't been increased at more than 1x annually in any of them.

Do you mean 2x?

> California is getting what seems to be two overhauls

I believe large share of rate increase is because PG&E need to pay multibillion penalty for previous years of negligence which caused multiple fires with casualties.

2 comments

When talking about increases, usually you're talking about the increase by itself.

So if the total bill doubles from last pay period period, it is said that it has _increased_ 1x.

it increased by 100%, not 1x.
No, they're literally the same thing.
> it is said that it has _increased_ 1x.

my experience is that people say it increased 2x times. You can say it increased by 100%.

They're part of the wildfire fund so hopefully it's not all that.

https://www.cawildfirefund.com/participating-utility-compani...

that's safety improvement 5B fund, but there are also damage payments for 25.5B: https://www.pbs.org/newshour/nation/judge-oks-nearly-25-bill...