A close-up of a PG&E utility bill on a patterned tablecloth, showing past-due charges and a total account balance of $400.68.
The California Public Utilities Commission is poised to cut power company return on equity rates to historic lows. The cut is small, though, and will be hard to feel in your electric bill. A PG&E bill, on Nov. 10, 2023. (Manuel Orbegozo/CalMatters via Bay City News)

This was written by staff at the nonprofit newsroom CalMatters. It was republished by The Mendocino Voice in partnership with CalMatters to bring relevant nonpartisan news to Mendocino County readers. Learn more about CalMatters here.

SAN FRANCISCO, CA., 11/26/25 – With California electric rates stuck at nearly the highest in the nation, the state’s utility regulator is poised to lower the payout shareholders can receive from California’s three large investor-owned power companies.  

Continue reading for FREE

We just want to make sure you’re a human! Sign in to keep reading and receive our weekday newsletter in your inbox.

Or

Privacy Policy

Success! Your account was created and you’re signed in.
Please visit My Account to manage your account.