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How does the CPUC pay out dividends? The CPUC is a state regulatory agency with a budget that comes out of tax dollars (~1.6b).
by kevingadd 7y ago
How does the CPUC pay out dividends? The CPUC is a state regulatory agency with a budget that comes out of tax dollars (~1.6b).
- njarboe 7y agoCPUC controls PG&E's budget and determines how much they can pay as dividends. Usually around a 5-6% return on capital.
- nerfhammer 7y agoThe CPUC is able to set PG&E's target profit margin.