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78° Sunny
- San Mateo, CA (94402)
  Today
  
  Partly cloudy. Low 49F. Winds W at 10 to 15 mph..
  
  Tonight
  
  Partly cloudy. Low 49F. Winds W at 10 to 15 mph.
  
  Updated: March 12, 2026 @ 4:09 pm
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State

California is considering cutting power company profits to historic lows, but bills will barely drop

By MALENA CAROLLO CalMatters
Nov 25, 2025

With California's electric rates being the second-highest in the nation, the state's utility regulator is considering lowering the payout shar…

Business

Sempra Energy to pay $410M to settle energy suits

The Associated Press
Apr 29, 2010

SAN DIEGO — Sempra Energy said Tuesday it has agreed to pay $410 million to settle claims that it gouged California on electricity contracts t…

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California is considering cutting power company profits to historic lows, but bills will barely drop

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