Environmental Working Group: PG&E Profits Soar, Fueled by Struggling Ratepayers' Sky-High Bills
February 23, 2024
February 23, 2024
SAN FRANCISCO, California, Feb. 23 -- The Environmental Working Group issued the following news release:
Reviled utility Pacific Gas & Electric reported a staggering surge in profits of almost 25 percent for 2023 to an outrageous $2.24 billion, at the expense of captive Californians who were forced to pay some of the highest utility bills in the U.S. last year.
While PG&E executives and shareholders celebrate their financial windfall, monthly bills for hardworki . . .
Reviled utility Pacific Gas & Electric reported a staggering surge in profits of almost 25 percent for 2023 to an outrageous $2.24 billion, at the expense of captive Californians who were forced to pay some of the highest utility bills in the U.S. last year.
While PG&E executives and shareholders celebrate their financial windfall, monthly bills for hardworki . . .