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…
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 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 to Vote on Massive So Cal Edison 18% Rate Hike
Typical Customer Bill Would Skyrocket $180 Annually by 2023
California Public Utilities Commission has scheduled an August 19 vote to take action on its Proposed Decision (PD) to authorize a massive increase for SCE customers…