mesa@lemmy.world to California@lemmy.worldEnglish · 2 days agoPG&E asks to raise rates for California customers so it can pay investors morewww.kcra.comexternal-linkmessage-square18fedilinkarrow-up176arrow-down11
arrow-up175arrow-down1external-linkPG&E asks to raise rates for California customers so it can pay investors morewww.kcra.commesa@lemmy.world to California@lemmy.worldEnglish · 2 days agomessage-square18fedilink
minus-squareAphelion@lemm.eelinkfedilinkarrow-up17·1 day agoJFC, they just had another 30% rate increase in January and they want more. We need to recall Newsom right now.
minus-squarejoekar1990@lemmy.worldlinkfedilinkEnglisharrow-up13·1 day agoThey had 6 rate increases last year. They had reported 2.1b in profits only to want to raise again to compensate investors because they are 1% from other similar companies dividends…I’m sick of this.
minus-squaregrue@lemmy.worldlinkfedilinkarrow-up3arrow-down1·20 hours ago because they are 1% from other similar companies dividends… It’s fucking absurd that any utilities are shareholder corporations to begin with!
JFC, they just had another 30% rate increase in January and they want more. We need to recall Newsom right now.
They had 6 rate increases last year. They had reported 2.1b in profits only to want to raise again to compensate investors because they are 1% from other similar companies dividends…I’m sick of this.
It’s fucking absurd that any utilities are shareholder corporations to begin with!