PG&E Net Up on Higher Electricity Demand

The Wall Street JournalThursday, October 23, 2025 at 10:37:00 AM
PG&E Net Up on Higher Electricity Demand
PG&E has reported a significant increase in its third-quarter net income, driven by a surge in electricity demand that more than compensated for lower average residential rates. This is a positive sign for the company, indicating that despite challenges in pricing, the overall consumption of electricity is on the rise, which could lead to further growth and stability in the energy sector.
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