The Express Tribune on MSN

21% profit surge for gas utilities draws criticism over efficiency losses

Gas pricing based on a guaranteed rate of return on assets kills the efficiency of public utilities, whose profits have swelled to 21% despite energy shortages in the country, said industry ...
San Diego Union-Tribune

On a 4-1 vote, state utilities commission slightly lowers SDG&E’s profit rate

The California Public Utilities Commission on Thursday trimmed the rates of profit that investor-owned utilities such as San Diego Gas & Electric will make on their energy infrastructure projects — ...
SanLuisObispo

California utility regulator approves new, lower investor return rate for PG&E

Newly install underground utilities are marked with new asphalt after PG&E crews installed the underground utilities along Pearson Road in February 2022 in Paradise. PG&E was seeking a rate increase ...
The Express Tribune on MSN

OGRA moves to scrap fixed returns in gas pricing

Following the government's plan to restructure gas utilities, the Oil and Gas Regulatory Authority (OGRA) has decided to ...