California regulators approve PG&E smart meter, rate hike plans

05/9/2011 | San Francisco Chronicle

California's Public Utilities Commission voted 3-to-1 in favor of a request by Pacific Gas and Electric to raise a cap on revenues it can collect from customers to help pay for the upgrade of its gas and electric distribution networks. Regulators also gave PG&E approval to charge customers for the early removal of legacy meters that are being replaced with smart meters.

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