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Comment by inferiorhuman

3 days ago

  The last time PG&E had a stock buy back was in 2006.

Right and that's money that could've been spent on maintenance.

   Their dividend yield was 0.8% in 2025, the average for utilities was 3% to 5%. Alaska's APTL was 2.4% to 3.4%

This is post bankruptcy, pre-bankruptcy PG&E paid much higher dividends. But again current rate payers are paying for past malfeasance.

  California AB 1054 means that almost all of their largest liabilities will be reimbursed via the state wildfire fund.

lol who do you think pays for that? And before you say "the state" keep in mind PG&E serves about 16 million people in a state of under 40 million.

  I also checked executive bonuses and while the CEOs pay is on the higher end it's not extreme.

Don't forget that they were caught once paying executive bonuses out of their safety budget. I'm sure they've never done that before or since.

  Also Hawaii has much higher electric rates than CA.

No, it doesn't.

https://www.hawaiianelectric.com/documents/billing_and_payme...

https://www.pge.com/assets/pge/docs/account/rate-plans/resid...

HE is claiming a residential customer will pay around $0.45/kWh which is absolutely on par with PG&E. Keep in mind that HE currently charges fixed fees for electric service, PG&E doesn't yet but will add a fixed fee of $24/mo beginning next year. It shouldn't even be close. Practical Engineering covers it but Hawaiian Electric has some of the biggest challenges of all POCOs.