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Pipeline Safety Comes with a Cost

By Greg Russell

The LAT is reporting on possible utility rate increases due to pipeline upgrades being undertaken in response to the pipeline explosion last year in San Bruno:  "Three of California's largest utilities are asking customers to help pay for nearly $4 billion in pipeline safety projects needed after last year's deadly San Bruno disaster."  But, as you might expect:  "For many Southern California residents, the proposed hikes are coming on top of $3.2 billion in rate increases sought by Southern California Edison to upgrade its aging electrical grid. *** The effort to hike rates to finance pipeline projects could become just as controversial."

Tags: Energy

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