this post was submitted on 20 Oct 2023
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PG&E asks California regulators to approve a 22% rate hike (www.nbcbayarea.com)
submitted 11 months ago by farcaster@lemmy.world to c/bayarea@lemmy.world
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During the first quarter of 2023, PG&E earned $623 million, an 18.2% jump in profits from the $527 million the company tallied during the same quarter in 2022, PG&E said Thursday in a quarterly report filed with the Securities and Exchange Commission.

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[–] some_guy@lemmy.sdf.org 7 points 11 months ago

But how can pge solve their shitty infrastructure if they don’t pass the cost to subscribers?! /s

Slash profits, fuckers. Take the hit. It’s the cost of doing business.