PG&E reports profit of $2.47B for 2024, shattering records for second year in a row

SAN FRANCISCO (KGO) -- PG&E shattered nett records for the 2nd twelvemonth successful a row.

The inferior announced Thursday it made $2.47 cardinal successful profits successful 2024.

Over that aforesaid time, California authorities regulators agreed to six abstracted complaint increases.

MORE: California regulators o.k. PG&E's 6th complaint hike of 2024

East Bay State Senator Aisha Wahab is proposing a caller program to bounds inferior companies to lone 1 complaint summation a year.

It would besides headdress increases truthful they don't outpace inflation.

PG&E says it is taking enactment to stabilize bills.