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PG&E Posts Record $2.4B Profit Amid Constant Rate Hikes: Reports

Summary by Patch
PG&E Posts Record $2.4B Profit Amid Constant Rate Hikes: Reports - San Francisco, CA - The utility giant posted soaring profits for 2024, and looks to profit even more in 2025.

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KMJ-AF1KMJ-AF1

PG&E Reports $2.47B Profit for 2024, Shatters Records for 2nd Year in a Row

Photo: PGE/FILE KFSN SAN FRANCISCO — PG&E shattered profit records for the second year in a row. The utility announced Thursday it made $2.47 billion in profits in 2024. Over that same time, California state regulators agreed to six separate rate increases. East Bay State Senator Aisha Wahab is proposing a new plan to limit utility companies to only one rate increase a year. It would also cap increases so they don’t outpace inflation. PG&E says …

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PatchPatch

PG&E Posts Record $2.4B Profit Amid Constant Rate Hikes: Reports

PG&E Posts Record $2.4B Profit Amid Constant Rate Hikes: Reports - San Francisco, CA - The utility giant posted soaring profits for 2024, and looks to profit even more in 2025.

·United States
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abc 7 Newsabc 7 News

PG&E reports profit of $2.47B for 2024, shattering records for second year in a row

PG&E shattered profit records for the second year in a row. The utility announced Thursday it made $2.47 billion in profits in 2024.

·San Francisco, United States
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Simply Wall StSimply Wall St

Analysts Are Updating Their PG&E Corporation (NYSE:PCG) Estimates After Its Annual Results

PG&E Corporation ( NYSE:PCG ) last week reported its latest yearly results, which makes it a good time for investors to...

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abc 7 News broke the news in San Francisco, United States on Friday, February 14, 2025.
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