The Buzz
25 Feb 2021
The 2020 and quarterly earnings of the parent corporations of the four investor-owned utilities are a mixed bag. Annual net income for Edison International and PG&E Corp. drops while fourth quarter earnings rise. Sempra Energy's reported income goes the opposite direction.
While utility leaders sing the praises of increased investments and revenue to analysts, economists, and ratepayer representatives warn that ever-rising rates will be the undoing of equity and clean energy in California...
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