Quote:
Originally Posted by biosurfer1
The CPUC only governs investor owned utilities...there are a bunch in California who do not fall under their commission.
SMUD, Roseville Electric, SVCE, Modesto, and Redding to name a few.
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Yes, publicly owned utilities and cooperatives typically don't need PUC approval for rates (some states my vary, not sure) but still are regulated but to a far lesser extent.
Their capital structures are far different, too.