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For 2013-2017, PG&E had a total net income of $6.1 billion, or about $1.2 billion a year from an average revenue of $16.9 billion [1]. Only in 2018 did they inc
by aodin 7y ago
For 2013-2017, PG&E had a total net income of $6.1 billion, or about $1.2 billion a year from an average revenue of $16.9 billion [1]. Only in 2018 did they incur a loss of $6.8 billion, mainly because of the $11.5 billion in charges for their role in starting wildfires.
[1] https://www.macrotrends.net/stocks/charts/PCG/pacific-gas-electric/financial-statements https://www.macrotrends.net/stocks/charts/PCG/pacific-gas-el...