November 25, 2025

California utilities regulators are bringing down “return on equity” payments to power company shareholders. It’s the lowest profit margin in 20 years for PG&E and Southern California Edison, but will be hard to notice in your payments.

Gov. Newsom vetoed bills on virtual power plants, which deliver energy to the grid from such home devices as smart thermostats, solar panels, electric vehicle batteries and heat pumps. 

California parents of chronically absent students could be arrested, charged with a misdemeanor, fined up to $2,000 and face a year in jail. A new law will end the practice.