OAKLAND — PG&E’s profits jumped during the first three months of 2023, the utility reported Thursday, a rise that coincided with big increases in monthly bills that numerous PG&E customers had to endure.
Operating revenue for both electricity and gas totaled slightly less than $6.21 billion during the first quarter of 2023, which was an increase of 7.1% from the January-through-March quarter of 2022, PG&E reported. Natural gas total operating revenue was $2.09 billion in this year’s first quarter, a jump of 27.4% from the same quarter the prior year.
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