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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
Verified account
@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    Kim-Mai Cutler‏Verified account @kimmaicutler 25 Oct 2019
    • Report Tweet
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    Kim-Mai Cutler Retweeted Chris Garrett

    Wait what? 🤯https://twitter.com/cjg2127/status/1187972495250341888 …

    Kim-Mai Cutler added,

    Chris Garrett @cjg2127
    And in those proceedings, there is an independent division of the CPUC (the 'Office of Ratepayer Advocates') that has typically argued against maintenance and safety expenditures, so that rates can be kept low: https://en.wikipedia.org/wiki/Office_of_Ratepayer_Advocates … pic.twitter.com/wqyiKR9anU
    Show this thread
    11:36 PM - 25 Oct 2019
    • 7 Retweets
    • 42 Likes
    • John Mashey Tejal T. Shah Patrick Traughber Pogo for President Ben Munson Magnus Petersen-Paaske SwiftOnSecurity Rory Kane Anirvan Chatterjee
    4 replies 7 retweets 42 likes
      1. New conversation
      2. Michael Wara‏ @MichaelWWara 26 Oct 2019
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        Replying to @kimmaicutler

        These folks have a lane. And it’s important to understand that in this process, their lane is to push PG&E to fully justify any expenditure. The IOU has not always done a good job in justifying these expenditures. The big miss though is that fire was even a major enterprise risk.

        4 replies 0 retweets 8 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 26 Oct 2019
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        Replying to @MichaelWWara

        If the state takes them over, there is no way the state gets out of inverse condemnation right? So if there’s a fire and PG&E is a public utility, then it’s like CA has $30B in liabilities?

        4 replies 1 retweet 8 likes
      4. 6 more replies
      1. New conversation
      2. Chris Garrett‏ @cjg2127 25 Oct 2019
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        Replying to @kimmaicutler

        Pullquotes are from the 2014 general rate case determination for PG&E. Probably a good idea for folk to comb through the records to see what PG&E proposed, and what the CPUC/ORA pruned from their budget in prior cycles

        1 reply 0 retweets 8 likes
      3. KNF100 ☎️‏ @KNF100 25 Oct 2019
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        Replying to @cjg2127 @kimmaicutler

        The process rewards organizations who show they have a stake. While just any organization isn’t eligible it isn’t hard to justify status.

        2 replies 0 retweets 0 likes
      4. 1 more reply
      1. New conversation
      2. agtmadcat‏ @agtmadcat 26 Oct 2019
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        Replying to @kimmaicutler

        Yeah I've never understood why everyone goes on and on about shareholder profits, when they're strictly capped at like 6% per year - hardly a princely sum.

        1 reply 0 retweets 4 likes
      3. Michael Wara‏ @MichaelWWara 26 Oct 2019
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        Replying to @agtmadcat @kimmaicutler

        Before the fires, PG&E earned 10.5%. Not clear what their cost of capital will be after the current rate case but it will be a lot higher.

        2 replies 0 retweets 3 likes
      4. 3 more replies
      1. Paul Roales‏ @PaulRoales 26 Oct 2019
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        Replying to @kimmaicutler

        The more I learn about that CPUC the more I wonder if they are the problem here

        0 replies 0 retweets 2 likes
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