Excerpt from CBS News Sacramento

Sacramento, Calif. - California's utility bills and the state's affordability crisis were front and center at the Capitol on Wednesday.

California senators grilled the California Public Utilities Commission over the approval of six PG&E rate increases in the past year and skyrocketing utility bills.

"Ratepayers are not a bank," Senator Aisha Wahab said. "I'm just going to be very clear about that."

"A $500 bill breaks the bank," State Senator Susan Rubio said.

Last week, PG&E announced it broke profit records for the second year in a row. In 2024, PG&E brought $2.4 billion in profits. In 2023, the utility reported $2.2 billion in profits.

Watch the full story from CBS13 here.