comparemela.com

Latest Breaking News On - Management incentive bonuses - Page 1 : comparemela.com

Detailed text transcripts for TV channel - CNN - 20100916:03:04:00

dollars one by one, but we do know that they spent $62 million more on management incentive bonuses than they had forecasted in 2009. reporter: mike florio is senior attorney for the watchdog. he says pg&e spent the money dedicated to replace the pipeline. so it is now seeking rate increases again, another $5 million to replace the same stretch of pipeline. how do you know this? because it s right in the documentation they file with the puc to support their rate cases. you know, if you dig deep enough into these big, thick documents, this is what you find. reporter: the california public utilities commission, or puc, is deciding whether to go along with pg&e s request. those documents provided to cnn

Detailed text transcripts for TV channel - CNN - 20100916:05:03:00

in 2007, it got rate increases to do the work. according to a consumer watch dog group, pg&e got $5 million for the project. but the group called t.u.r.n., the utility reform network, says it never happened. the money is spent on what they call higher priority work. reporter: what was that? well, you can t track the dollars one by one, but we do know that they spent $62 million more on management incentive bonuses than they had forecasted in 2009. reporter: mike florio is a senior attorney for the watchdog. he says pg&e spent the money dedicated to replace the pipeline. so it is now seeking rate increases again, another $5 million to replace the same stretch of pipeline. how do you know this? because it s right in the

Detailed text transcripts for TV channel - CNN - 20100916:16:17:00

know that they spent $62 million more on management incentive bonuses than they had forecasted in 2009. reporter: mike florio is a senior attorney for the watchdog. he says pg&e spent the money dedicated to replace the pipeline, so it is now seeking rate increases again. another 5 million to replace the same stretch of pipeline. reporter: how do you know this? because it s right in the documentation they filed with the pc to support the rate cases. you know, it s if you dig deep enough into these big, thick documents, this is what you find. reporter: the california public utilities or puc, is decided whether to go along with pg being s requests. those document documents say that section of pipe ranks in the top 100 for highest risk of failure. the pg&e documents also say if

Detailed text transcripts for TV channel - CNN - 20100916:02:03:00

reasons, pacific gas and electric made plans to replace a section of it in south san francisco just a couple miles away. in 2007, it got rate increases to do the work. according to a consumer watch dog group, pg&e got $5 million for the project. but the group called t.u.r.n., the utility reform network, says it never happened. the money is spent on what they call higher priority work. reporter: what was that? well, you can t track the dollars one by one, but we do know that they spent $62 million more on management incentive bonuses than they had forecasted in 2009. reporter: mike florio is senior attorney for the watchdog. he says pg&e spent the money dedicated for the pipeline. it is seeking rate increases again, another $5 million to replace the same stretch of

Detailed text transcripts for TV channel - CNN - 20100916:14:09:00

well, you can t track the dollars one by one, but we do know that they spent $62 million more on management incentive bonuses than they had forecasted in 20082009. pg&e is looking for another rate hike to replace the pipe in 2013. here s the utility s ponce. in this case, pg&e identified this as being a high priority project in its 2008 gas transmission rate case filing. subsequent to that, they performed a direct assessment in 2008, and based on the updated assessment and the assurance it provided us, we rescheduled the project accordingly. pg&e spent more on the gas transmission capital program than authorized for the years 2008-2009.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.