Ignoring Public Outcry Over Soaring Bills, Regulators Approve Another PG&E Rate Hike

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Written By Alejandra Cruz

Source: The San Francisco Standard  |  By Kevin Truong

After nearly two hours of vociferous—at times enraged—opposition to planned PG&E rate hikes during a meeting of the California Public Utilities Commission on Thursday, commissioners took five minutes to issue their decision. The regulators would allow PG&E to raise rates. Again. 

“We're opposing this. It’s outrageous, especially with a $2.24 billion profit,” said Mark Toney, the executive director of The Utility Reform Network, which filed an official objection to the rate hike.

 
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