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PG&E profits jump on higher utility bills and lower charges for natural gas pipeline work

2014-10-28 19:55:10| Energy - Topix.net

PG&E profits soared in the third quarter, primarily due to increased revenue from rate increase and lower charges related to the company's work on its natural gas-pipeline system in the wake of a fatal explosion in San Bruno, the utility reported Tuesday. The company earned $814 million on revenue of $4.94 billion in the July-September quarter.

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