PG&E revenue, profits rise after utility charges more on monthly bills

PG&E revenue, profits rise after utility charges more on monthly bills

2 years ago
Anonymous $xqL1ZTchGQ

https://www.siliconvalley.com/2022/04/28/pge-revenue-profit-rise-utility-charge-more-monthly-bill-wildfire/

OAKLAND — PG&E posted on Thursday a big jump in profits during its first quarter, a January-through-March period that featured two hefty increases in the company’s monthly electric and gas bills.

The utility — whose headquarters are now in downtown Oakland — harvested $475 million in profits on $5.8 billion in revenue for its first quarter that ended in March.