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California limits utility profit margins to control earnings amid energy policy debate.
California regulators have limited utility profit margins for PG&E and other major utilities amid ongoing legislative debate over energy policy, aiming to curb excessive earnings while ensuring grid reliability.
The move comes as lawmakers consider a new bill that would further reshape utility oversight and rate structures, sparking debate over balancing consumer costs, infrastructure investment, and utility accountability.
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California limita los márgenes de beneficio de los servicios públicos para controlar las ganancias en medio del debate sobre la política energética.