‘Reasonable Rates’ Is Stricken From CPUC Mission Statement

The California Public Utilities Commission has amended its long-standing mission statement, leaving out the idea of ensuring “reasonable rates” for the water and power used by the public. The change comes as state utility regulators have been under criminal investigation for potentially improper backchannel dealings with the utility companies they oversee and facing multiple lawsuits alleging they failed to protect the people they serve.