PG&E 2009 Annual Report Download - page 52
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Please find page 52 of the 2009 PG&E annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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the agencies that granted them if facts develop that differ
significantly from the facts assumed when they were issued.
In addition, discharge permits and other approvals and
licenses often have a term that is less than the expected life
of the associated facility. Licenses and permits may require
periodic renewal, which may result in additional
requirements being imposed by the granting agency. In
connection with a license renewal, the FERC may impose
new license conditions that could, among other things,
require increased expenditures or result in reduced
electricity output and/or capacity at the facility.
If the Utility cannot obtain, renew, or comply with
necessary governmental permits, authorizations, or licenses,
or if the Utility cannot recover any increased costs of
complying with additional license requirements or any
other associated costs in its rates in a timely manner, PG&E
Corporation’s and the Utility’s financial condition and
results of operations could be materially adversely affected.
48