PG&E Responds To Public Comments On Pipeline Safety Plan
Release Date: February 28, 2012
Contact: PG&E External Communications (415) 973-5930
SAN FRANCISCO, Calif. – Today, Pacific Gas and Electric Company (PG&E) responded to public comments on the utility's far-reaching, multiyear plan to improve the safety of its natural gas system. PG&E released the following statement from Tom Bottorff, senior vice president of Regulatory Relations, regarding the company’s responses:
"The Pipeline Safety Enhancement Plan is a fair and workable way to build California's next-generation gas system as required by the CPUC. It's the right approach to public safety, with the necessary amount of public investment.
"Our safety plan is forward-looking and tackles new standards adopted by the CPUC, such as the elimination of grandfathering certain pipelines and the installation of new automated valves. For that new work, PG&E is seeking recovery of costs in customers' gas pricing.
"For PSEP work that was required under pre-existing standards our shareholders will take full responsibility. The costs shareholders are shouldering for PSEP work and other utility operating costs will top $1 billion.
"With the work proposed under the PSEP plan, Californians will have a gas system that's safer and more reliable than anything this country has ever seen."