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SoCal Matters
How Utlities Shareholders Get Funds
Season 2025
Episode 294
California’s investor-owned utilities collect millions in shareholder profits through customer bills, adding to rising energy costs. While meant to attract investment, critics argue it unfairly burdens ratepayers, especially as wildfire-related expenses drive rates higher. With shareholder returns built into rates, many Californians are paying more without a breakdown of where their money goes.
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2:00
California lawmakers propose full-time firefighters to improve year-round wildfire readiness.
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California’s EV goals face setbacks with slow sales, affordability issues, and uncertain incentives.
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Concerns rise over LA cleanup workers' safety, facing toxic gases, unstable structures, and more.
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AB 239 creates a task force to speed housing recovery after disasters, using a Texas model.
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Wildfires destroy homes and push more Californians into homelessness.
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Wildfires expose risks of building in fire-prone areas, but California keeps rebuilding.
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Starbucks and Amazon unions fear setbacks as Trump’s NLRB may reverse pro-labor rulings.