PG&E seeks rate hike to boost returns for investors [CBS News]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: CBS News
For customers like Rocklin resident Walt Groff, the news is frustrating. "Every time you turn around, it's going up," Groff said. Groff installed solar panels on his home to help cut energy costs, but he says it hasn't shielded him from rising rates. "It's helped some, but PG&E finds a way into your wallet anyway," he added. This request follows six rate increases approved last year , which were meant to fund a power plant and tree maintenance. However, this new hike is different. It's intended to increase investor returns. Every three years, PG&E submits an application determining how much return investors receive for funding the company. In its latest filing, the utility argues that investors take on financial risks—such as inflation, supply chain disruptions, federal regulations, climate change, and liability for wildfire damages—and should be compensated accordingly. "They will tell investors, 'Hey if you give us the money for essential energy projects, we will guaran
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PCG
News
- PG&E Corporation, Utility Subsidiary Pacific Gas and Electric Company Announce Changes in Team Structures, Part of Positioning Company to Better Serve Customers and Hometowns [Yahoo! Finance]Yahoo! Finance
- PG&E Corporation, Utility Subsidiary Pacific Gas and Electric Company Announce Changes in Team Structures, Part of Positioning Company to Better Serve Customers and HometownsPR Newswire
- Residents of Ashland community near Hayward demand answers following massive explosion, fire from punctured gas line [CBS News]CBS News
- PolyAI Raises $86 Million As Fight To Answer Calls With AI Heats Up [Forbes]Forbes
- Data centers for AI could nearly triple San José's energy use. Who foots the bill? [Los Angeles Times (CA)]Los Angeles Times
PCG
Earnings
- 10/23/25 - Beat
PCG
Sec Filings
- 11/25/25 - Form 4
- 11/5/25 - Form 4
- 11/3/25 - Form 4
- PCG's page on the SEC website