LogFAQs > #979183294

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TopicSan Francisco making the move to create a public-power system and boot PG&E
eggcorn
03/04/24 2:11:37 PM
#19:


Monolith1676 posted...
It is to be expected since they have to pay for lawsuits and the switch to trying to go all electric would increase the rates.
Yeah it has nothing to do with profits

After rate hikes this year, PG&E announces nearly 25% increase in profits to $2.2B for 2023
https://abc7news.com/pge-earnings-rate-increase-2024-profits-power-outages/14458228/
https://abc30.com/pge-rate-increase-2023-earning-2-billion-dollar-profit/14483425/

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