[toomuchtodo]

https://www.ktvu.com/news/pge-profits-soar-after-rate-hikes

> PG&E reports it made a $2.24 billion dollar profit last year — a 24% increase from the year before.

> In a call with investors, PG&E credits last year's rate increases with boosting its bottom line and said it expects to remain profitable through 2028.

> "Shareholders are pocketing money based on record rate increases," said Mark Toney, executive director of the non-profit TURN, the Utility Reform Network.

> Toney said PG&E is planning to ask state regulators to approve more rate hikes in the future.

> "PG&E has currently sitting on the desk of the California Public Utilities Commission, no less than 12 separate proposals for increases – twelve," he said.