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Biden Admin Awards PG&E $15 Billion Loan Amidst Soaring Rate Hikes
The Biden administration awarded PG&E a record-breaking $15 billion low-interest loan for infrastructure improvements, amidst significant ratepayer bill increases (up to 400% for some) and four rate hikes in 2024 alone, with another pending.
Biden Admin Awards PG&E $15 Billion Loan Amidst Soaring Rate Hikes
The Biden administration awarded PG&E a record-breaking $15 billion low-interest loan for infrastructure improvements, amidst significant ratepayer bill increases (up to 400% for some) and four rate hikes in 2024 alone, with another pending.
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