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SoCal Matters
CA To Cut Power Company Profits, But You Won't See Much of a Change
Season 2025
Episode 510
State regulators recommended lowering the shareholder return for California’s biggest electric utilities, a move critics say is too small to noticeably reduce bills. Even with the cut, Californians would still pay among the highest electricity rates in the nation.
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California’s investor-owned utilities collect millions in shareholder profits, adding to costs.
2:00
The offshore wind lease ban won’t stop California’s plans but may slow renewable progress.
2:00
A new California law bans ATM fees for declined withdrawals due to low balances.
2:00
A wildfire destroyed an Altadena charter school, leaving staff and students displaced.
2:00
Wildfires destroy homes and push more Californians into homelessness.
2:00
Wildfires expose risks of building in fire-prone areas, but California keeps rebuilding.
2:00
California halts diesel truck rules, citing federal delays, with clean air goals at stake.
2:00
San Francisco's new policy offers bus tickets to unhoused people, raising ethical questions.
2:00
Starbucks and Amazon unions fear setbacks as Trump’s NLRB may reverse pro-labor rulings.
2:00
Wildfires push California property owners to the costly FAIR insurance plan.
2:00
Insurance denials leave families struggling for lifesaving addiction treatment.
2:00
LA’s record dry spell and fierce winds spark wildfires as Northern California floods.