WEDNESDAY AGGREGATE: Wildfire Financing, Gas Backbone Upgrades, IRP Procurement Pressure
CALIFORNIA REGULATORY INTELLIGENCE (CRI)
February 18, 2026
Today's roundup spans wildfire securitization, compressor station upgrades, customer billing infrastructure, IRP ex parte communications, and Resource Adequacy scheduling.
- Woolsey Fire : in SCE's financing order application, Cal Advocates makes the opening challenge in what might be a hard-fought securitization battle.
- PG &E and the Hinkley Compressor Station Upgrade: PG&E's CPCN withdrawal and emergency exemption move is procedural arbitrage: move fast now, and litigate cost recovery in a General Rate Case.
- SoCalGas Customer Billing System : This is a cost-overrun battle, but a settlement with the Small Business Utility Advocates is a significant development.
- Integrated Resource Planning : A pending PD is fluid and both CalCCA and Cal Advocates are pushing against its perceived rigidity.
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Discussion in the ATmosphere