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PG&E (California's electric utility) books over $2 billion a year in profit - the equivalent of a $110 charge per month on every California household's bill at
by hammock 2y ago
PG&E (California's electric utility) books over $2 billion a year in profit - the equivalent of a $110 charge per month on every California household's bill at their 12.5% profit margin. Despite that, they claim insolvency and fight payouts to fire-injured taxpayers
- zone411 2y agoThey claim insolvency? What are you talking about? They went through bankruptcy in 2019-2020. 4 years ago.
- hackernewds 2y agoI pay $100 per month, this calculation can't be right.
- briffle 2y agoBusinesses and farms use WAY more power than the average home.