Press Releases
SoCal Edison reports record profits of $1.619 billion in 2024 while rates continue to rise
Los Angeles, CA — Southern California Edison (SCE) reported a record $1.619 billion in 2024 profits today, a 9.8% increase from the previous year. While profits increased, SCE customer’s rates have increased by 26% in the last three years…
PG&E Announces Record-Breaking Profits for 2024 While Customers Are Hit with Record-Breaking Utility Bills
SAN FRANCISCO — Pacific Gas & Electric (PG&E) today reported a 10% increase in profits from 2023 to 2024, totaling $2.48 billion dollars.
TURN Releases 2024 California Legislative Affordability and Accountability Scorecard
Sacramento, CA — The Utility Reform Network (TURN) released their 2024 Legislative Affordability and Accountability Scorecard today, evaluating lawmakers’ commitment to utility affordability and accountability during the 2024 legislative session.
TURN Applauds CPUC Decision to Reduce Utility Return on Equity, Saving Ratepayers Hundreds of Millions in 2025
Oakland, CA – TURN proudly announces a significant win for California ratepayers! The California Public Utilities Commission (CPUC) has issued a decision that will reduce shareholder profits for the state’s largest energy utilities, including PG&E, SCE, SoCalGas, and SDG&E.
CPUC Proposal Requires AT&T to Remain Carrier of Last Resort & Preserve Landlines
On May 10, the California Public Utilities Commission (CPUC) issued a proposed decision to dismiss AT&T’s application to withdraw as Carrier of Last Resort (COLR), requiring AT&T to continue to provide landline telephone service to all customers in its territory in California…
Senator Min Authors Bill to End Political Lobbying Funded by Utility Ratepayers
Today, Senator Dave Min (D-Irvine) introduced Senate Bill (SB) 938, which will prohibit political lobbying by investor-owned utilities that can be charged to ratepayers. While federal law technically prohibits utilities from passing lobbying costs onto their ratepayers…
You Shouldn’t Have to Pay for Utility Shenanigans in Your Energy Bill
When you think about what you’re paying for in your electric and gas utility bill, you probably think of the energy powering your lights, furnace, and stove…
TURN Appeals $11 Billion PG&E Bailout
Securitization—Just another word for a Bailout
TURN files in Court to reverse risky CPUC $11 billion PG&E Bailout
The Utility Reform Network filed a challenge in the State Court of Appeals on September 10 to reverse the May 6 California Public…
TURN Applauds Governor Newsom for Recognizing Utility Debt as Major Issue for California Families
Mark Toney, Executive Director for TURN (the Utility Reform Network), applauded California Governor Newsom following today’s announcement that the Governor’s office will propose significant debt relief funds in the upcoming budget…