Advocate wants $648M payout for 'inappropriate' nuke talks

April 18, 2015 12:28 AM

66 0

A state advocate on Friday recommended that two California power companies return at least $648 million to customers because of evidence of "inappropriate conversations" involving a top regulator in a deal that divided nearly $5 billion in costs from the demise of a nuclear power plant.

The Office of Ratepayer Advocates, an arm of the California Public Utilities Commission, said in a statement that private communications between the commission's then-President Michael Peevey and a Southern California Edison executive gave the utility an unfair advantage in negotiations on the San O...

Also read: Here's the TV Clip That Sparked President Trump's Latest Twitter Tirade About 'Sleepy Eyes' Chuck Todd

Read more

To category page