California PUC President to Step Down
Peevey’s announcement comes after the release of e-mail messages from 2010 that show Peevey appeared willing to give favorable consideration to a rate-setting case in exchange for Pacific Gas and Electric (PG&E) providing $100,000 toward CPUC’s 100th anniversary dinner, according to another SFGate article. Peevey was overseeing the organization of the dinner.
Peevey said that a decision on a pending gas-rate case would be made in January, around the same time of PUC’s anniversary celebration, suggesting that the decision would depend on whether PG&E contributed to the celebration.
A spokesperson for the commission has denied the allegation, adding that Peevey’s comments were misinterpreted by the PG&E employee.
While the rate case settled without a commission hearing, Peevey is also reported to have helped PG&E with a matter related to how much money the utility would receive for replacing electric meters with smart meters. According to the SFGate article, Peevey proposed paying PG&E $6 million for the decommissioned meters. The commission ultimately approved $3.24 million for PG&E.
Peevey is also accused of colluding with PG&E to appoint a preferred administrative law judge to a rate case.
Photo via Shutterstock.
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