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PG&E will do all in its power not to return windfall
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PG&E is getting what could be a $195.5 million windfall this year. That’s due to the corporate income tax rate being dropped from 35 percent to 21 percent. In fairness, the $195.5 million windfall is a simplistic number and assumes PG&E nets $1.39 billion as they did in the last fiscal year as well as the for-profit utility not taking advantage of tax credits and loopholes that most of their residential customers can only dream of enjoying.