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PG&E, the gas and electricity provider for 16 million customers in Northern and Central California, implemented rate increases on Jan. 1 and recently proposed a new fixed charge based on income ...
The times interest earned ratio indicates the extent of which earnings are available to meet interest payments. A lower times interest earned ratio means less earnings are available to meet interest payments and that the business is more vulnerable to increases in interest rates and being unable to meet their existing outstanding loan obligations.
After questioning Portland General Electric about recent rate hikes, Oregon Senator Ron Wyden announced Wednesday that the utility giant will "take every possible step” to keep residential rates ...
After increasing the target interest rate 11 times from March 2022 to July 2023 in an effort to combat the highest inflation in four decades coming out of the pandemic, the Federal Reserve ...
The rate hikes include PGE’s request to state regulators to approve a 7.4% rate increase in February, which was followed by an increased request to a 10.9% increase in July. PGE later requested ...
Get today's best rates on high-yield and traditional ... After increasing the target interest rate 11 times from March 2022 to July 2023 in ... A fresh producer price index is due later today, a ...
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The Biden administration is offering Pacific Gas & Electric a record $15-billion loan guarantee to help it improve its electrical grid and meet fast-rising energy use.