president alice reynolds, who explained why the cpuc granted p-g-and-e's six rate changes last year,ing much of that to wildfire costs. >> so we're approving work for the utility. the work that the utility is requesting to do, it is paid for by ratepayers. >> okay, but what is p-g-and-e's pay into this or any of the other companies? when you're saying you're analyzing what they're paying into versus what a ratepayer is a ratepayers are not a bank. i'm just going to be very clear about that. >> i didn't mean to suggest that i thought ratepayers should pay for climate change impacts. what i meant was under the current system, they do. but i agree with you. this is we need to look at how it's impacting ordinary people every day. >> frustration over high energy costs is felt on both sides of the aisle. we spoke with republican senator suzette valladares. >> california is too expensive to live in, and we have too many families that are struggling, too many families that are leaving our state. it's unacceptable to me that in the state of california, we're pushing forward anything that does

president alice reynolds, who explained why the cpuc granted p-g-and-e's six rate changes last year,ttributing much of that to wildfire costs. >> so we're approving work for the utility. the work that the utility is requesting to do, it is paid for by ratepayers. >> okay, but what is p-g-and-e's pay into this or any of the other companies? when you're saying you're analyzing what they're paying into versus what a ratepayer is a ratepayers are not a bank. i'm just going to be very clear about that. >> i didn't mean to suggest that i thought ratepayers should pay for climate change impacts. what i meant was under the current system, they do. but i agree with you. this is we need to look at how it's impacting ordinary people every day. >> frustration over high energy costs is felt on both sides of the aisle. we spoke with republican senator suzette valladares. >> california is too expensive to live in, and we have too many families that are struggling, too many families that are leaving our state. it's unacceptable to me that in the state of california, we're pushing forward anything th

the cpuc is in charge of setting utility rates for customers across the state.ter a recent state report showed californians pay the second highest rates in the country, with energy costs outpacing inflation. last year, president alice reynolds and the cpuc approved six rate hikes for pg and e, california's largest investor owned utility company. >> those are. so we're approving work for the utility, the work that the utility is requesting to do, it is paid for by ratepayers. >> okay. but what is pg e pay into this? i'm deeply disappointed in the fact that ratepayers are being treated like an endless bucket of money. >> pga reports $2.4 billion in profits for 2020 for the cpuc says the hikes are partly due to several environmental and wildfire related programs. the commission recommends the burden of those costs be shifted to other sources, but did not specify who should foot the bill. >> you're right, some of this work could have been done earlier. i sometimes feel like we're the only ones trying to protect ratepayers. >> state lawmakers will now use the informa

the cpuc is in charge of setting utility rates for customers across the state. state report showed californians paid the second highest rates in the country, with energy costs outpacing inflation. last year, president alice reynolds and the cpuc approved six rate hikes for pge. california's largest investor owned utility company. >> those are. so we're approving work for the utility. the work that the utility is requesting to do, it is paid for by ratepayers. >> but what is pge pay into this? i'm deeply disappointed in the fact that ratepayers are being treated like an endless bucket of money. >> pge reports $2.4 billion in profits for 2020 for the cpuc says the hikes are partly due to severe environmental and wildfire related programs. the commission recommends the burden of those costs be shifted to other sources, but didn't specify who should foot the bill. >> you're right. some of this work could have been done earlier. i sometimes feel like we're the only ones trying to protect ratepayers. >> state lawmakers will now use the information and responses from t

cpuc is in charge of setting utility rates for customers across california.erday's hearing comes after a recent state report showed californians pay the second highest rates in the country, with energy costs outpacing the rate of inflation. last year, president alice reynolds and the cpuc approved six rate hikes for pge. california's largest investor owned utility company. >> those are. so we're approving work for the utility. the work that the utility is requesting to do, it is paid for by ratepayers. >> but what is pge pay into this? i'm deeply disappointed in the fact that ratepayers are being treated like an endless bucket of money. >> pge reports $2.4 billion in profits for 2020 for the cpuc says the hikes are partly due to several environmental and wildfire related programs. the commission recommends the burden of the cost to be shifted to other sources, but did not specify who should foot the bill. >> you're right, some of this work could have been done earlier. i sometimes feel like we're the only ones trying to protect ratepayers. >> state lawmakers

she explained why the cpuc granted p-g-and-e's six rate changes last year, attributing much of it to wildfire costs and climate impacts. >> ratepayers are not a bank. i'm just going to be very clear about that. >> i didn't mean to suggest that i thought ratepayers should payt for climate change impacts. what i meant was under the current system, they do. but i agree with you. this is we need to look at how it's impacting ordinary people every day. >> a p-g-and-e's executive who spoke at the hearing said the utility made $2.4 billion in earnings last year, but says only 3.5% went back to investors. she says the remainder was reinvested back into the business in the south bay. p-g-and-e's is working to reduce unplanned power outages by putting cables underground. we told you about this yesterday. the utility plans to put a little more than a mile of lines underground near almaden expressway and camden avenue. the project is one p-g-and-e's says will help provide a solution to a problem frustrating homeowners. unplanned power safety shutoffs. >> like last two years. it would be off. no

she explained why the cpuc granted p-g-and-e's six rate hike changes last year, attributing much of it to wildfire costs and climate impacts. >> ratepayers are not a bank. i'm just going to be very clear about that. >> i didn't mean to suggest that i thought ratepayers should pay for climate change impacts. what i meant was under the current system, they do. but i agree with you. this is we need to look at how it's impacting ordinary people every day. >> a p-g-and-e's executive who spoke at the hearing said the utility made 2.4 billion in earnings last year but says only 3.5% went back to investors. she says the remainder was reinvested back in the business. >> and the south bay p-g-and-e's, working to reduce unplanned power outages by putting cables underground. the utility plans to put a little more than a mile of lines underground near almaden expressway and camden avenue. the project is, one p-g-and-e's says will help provide a solution to a problem frustrating homeowners. unplanned power safety shut offs. >> last two years. it would be off. no notice. actually it would. power woul