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State PUC sticks it to customers; lets PG&E skate from sanctions

Thursday, December 20, 2012

The state Public Utilities Commission decrees that PG&E’s customers will be on the hook for about 55 percent of the $2.2 billion it will cost to revamp the utility’s aging and poorly maintained pipeline system in the wake of the deadly San Bruno disaster. And the PUC also abandoned a five-year sanctioning of PG&E’s profits for the safety breakdowns that led up to the disaster.

The Chronicle’s Jaxon Van Derbeken is the first to post a story. An excerpt:

San Bruno Mayor Jim Ruane blasted the decision, saying it gutted a key sanction against PG&E for failing to operate its system safely.

"We are here today because PG&E blew up our town, killed eight individuals in our city, our friends, and they should be punished for it," Ruane said. "What happened today is PG&E is making profit on those lives. It's disgusting and it's not right."

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