Pacific Gas & Electric argued to California regulators Wednesday that it needed to hike rates by 22% to cover the cost of inflation and risk reduction projects.

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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      • Drusas@kbin.social
        2·
        1 year ago

        More of this black and white thinking as though multiple things can’t be tackled at the same time or consecutively. 🙄 Way too common here. You don’t have to ignore or deny one problem just because there are bigger problems.

          • Drusas@kbin.social
            1·
            1 year ago

            And your response is exactly what I’m trying to address. Too many people take a black and white this or that approach. Again, you don’t have to ignore or deny one problem in order to focus on a bigger one.