As a publicly traded corporation, Pacific Gas and Electric reported $17.1 billion a year in revenues from its electric and gas operations. After operating costs, expenses and taxes, it still made out with a profit of $1.7 billion last year. So why has California’s largest utility filed for bankruptcy? PG&E may be solvent, but it […]
Stay in the know
Sign up for our free newsletters to receive the latest news directly in your inbox.