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PUC staff lays out six strategies to stabilize Power Enterprise finances and expand sales
Summary
Staff presented a Power Enterprise business plan that aims to grow full-pay retail and CCA sales, contest proposed PG&E distribution terms, defer some supply spending until sales growth materializes, reduce transmission redundancies, prioritize targeted distribution investment and improve operating practices to restore long-term financial balance.
The San Francisco Public Utilities Commission received a staff workshop on a proposed Power Enterprise business plan intended to address a projected structural imbalance in the enterprise’s 10‑year financial plan.
Barbara Hale, assistant general manager for power, detailed six strategies: contest proposed PG&E distribution terms (including regulatory and settlement options), grow full-pay retail sales and provide some Hetch Hetchy (HECHI) supplies to community choice aggregators (CCA), defer or pace supply spending until sales growth reduces…
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