PG&E Borrowing Push Sparks Public Outcry | California News

Californians are rallying against PG&E’s push to borrow an extra billion dollars, arguing soaring energy bills are already crushing families and demanding the utility justify its request. As wildfires rage and costs soar, Governor Newsom is pushing for utilities to shoulder more responsibility — even calling out CEO bonuses when fires stem from their equipment — while consumer advocates warn any reforms could shield utilities at the expense of ratepayers. Amid a $22 million fine for safety lapses tied to the Mosquito Fire, PG&E must pay shareholders to cover the cost — as profits climb and bills jump 40% in six years. Utilities say grid upgrades and wildfire costs strain the system, but consumers insist affordability must remain the top priority. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/712cf50179f048f2