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…
San Diego Gas & Electric reports $891 million in profit in 2024
San Diego, CA — San Diego Gas & Electric today reported near record profits of $891 million off the backs of customers. SDG&E’s earnings report follows over $1.6 million spent in 2024 by its parent company…
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.
The Big Four California Investor Owned Utilities Spent Over $21.8Million on Lobbying in 2024
Sacramento, Calif. — California’s four major investor-owned utilities (IOUs) — for-profit corporate utilities — spent a staggering $21,854,420 on lobbying and influence efforts in 2024.
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.
California voters want policymakers to lower utility bills
SACRAMENTO, Calif. — California voters want policy leaders to take decisive action to address the root causes of high electricity bills, including limiting how much utilities can spend and profit, according to a poll conducted by David Binder Research...
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 Applauds CPUC Action to Boost Service Quality for All California Communications Services
Yesterday, the California Public Utilities Commission (CPUC) voted unanimously to consider proposals to improve service quality requirements for telephone service, and expand service quality requirements to cover Voice over Internet Protocol (VoIP) phone…
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…