TUD To Formally Suspend Rate Hike Plan ...Middle East
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Sonora, CA — The Tuolumne Utilities District Board of Directors will hold the first meeting since negotiations broke down with PG&E regarding the potential acquisition of water rights and infrastructure like Pinecrest Reservoir and Lyons Dam. Click here to view the earlier story. PG&E has suspended negotiations until at least the end of September as it re-evaluates its long-term strategy and best use of its power generation assets. The decision came as a surprise to TUD officials, who were in the process of increasing rates to cover the additional $4.5-million annually needed to acquire and maintain the infrastructure. Now that negotiations are on hold, the TUD board will vote to scrap the r
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