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 Requests $2 Billion in Additional Rate Increases
On December 1, PG&E submitted a CPUC filing requesting its customers to pay an additional $2 billion in rate increases to cover wildfire mitigations costs, barely two weeks after approval of record breaking increases for its General Rate Increase.
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…