The article highlights ongoing concerns over the affordability of utility bills in California, particularly in the face of PG&E’s significant rate hikes.
Senators at the Capitol voiced frustration over the utility’s repeated increases, with some questioning whether profits could be shared with shareholders instead of burdening ratepayers.
Despite PG&E’s record profits, lawmakers are calling for more accountability and transparency from the California Public Utilities Commission CPUC, which has approved multiple rate hikes in the past year.
With PG&E raising rates by 56% in just three years, many believe that the affordability crisis is reaching a political tipping point, particularly for lower-income residents, including those on Social Security.
The tension between the need for infrastructure improvements and the impact of high rates on Californians is now a prominent issue in state politics.
The CPUC’s response, though measured, has not quelled concerns. The growing backlash from legislators suggests that tougher scrutiny of rate increase requests may be on the horizon.
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