Excessive Profits Are Behind Big PG&E Rate IncreasesA significant portion of utility bills pays for shareholder profits, often exceeding market benchmarks.Return on equity costs California customers hundreds of millions annually.
One reason your PG&E bill is high: Baked-in profits that critics call excessiveMuch of California's power bill goes to shareholders via return on equity, exceeding economic benchmarks and costing customers significantly.
Excessive Profits Are Behind Big PG&E Rate IncreasesA significant portion of utility bills pays for shareholder profits, often exceeding market benchmarks.Return on equity costs California customers hundreds of millions annually.
One reason your PG&E bill is high: Baked-in profits that critics call excessiveMuch of California's power bill goes to shareholders via return on equity, exceeding economic benchmarks and costing customers significantly.