OAKLAND — After reporting flat profits and reduced electricity and gas revenue in its second quarter, PG&E now has its sights set on lowering customer bills, according to its CEO.
The investor-owned utility posted a profit of $521 million during its April-through-June second quarter of 2025, up 0.2% from $520 million in profits for the same quarter a year ago, the company reported Thursday.
“We’ve stabilized bills over the past year and expect them to be down in 2026,” PG&E CEO Patricia Poppe said in connection with the financial results…