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Pacific Gas and Electric Co. May 11 Product Image

Pacific Gas and Electric Co. May 11

  • Published: May 2011
  • Standard & Poors

Abstract
Supportive regulatory mechanisms approved by the California Public Utilities Commission (CPUC) that allow utility Pacific Gas and Electric Co. (PG&E) timely and certain recovery of costs; Recent regulatory decisions that suggest that turnover at the CPUC is unlikely to upend what has been a constructive environment for investor-owned utilities, all of which are investing significant capital in the state; An absence of any significant unregulated energy operations; A large, economically diverse service territory that serves 5.2 million retail electric customers and 4.3 million natural gas distribution customers in northern California; and Decoupling mechanisms that have limited the utility's exposure to lost profits caused by lower electric and gas sales due to a continued recession. The management team appears to have...

Companies mentioned in this report are: Pacific Gas & Electric Co.,Public Service Co. of Colorado,San Diego Gas & Electric Co.,Southern California Edison Co.,PG&E Corp.
Action: Review

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Pacific Gas & Electric Co.,Public Service Co. of Colorado,San Diego Gas & Electric Co.,Southern California Edison Co.,PG&E Corp.

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