PG&E Customers Facing Bill Increases
Next Proposals Indicate A $24-28 A Month Increase
Last week, “officials with the state Public Utilities Commission that regulates PG&E issued two proposals that would allow the utility to increase the amount of revenue it can extract from ratepayers in 2023. One proposal was fashioned by one of the five powerful commissioners with the state PUC and a second proposal was crafted by a PUC administrative law judge. (1)” According to the propositions put forth by the state regulator, customers of PG&E would encounter an increase of $28 per month. The other proposal from the law judge would increase customers bills by $24 a month.
However, PG&E has released its own proposal outlining the measures it intends to undertake. This proposal seeks to secure financing from its customers to support a range of initiatives, instead of financing these projects with the record breaking profits they continue to receive. PG&E’s proposal indicates that they hope to increase their revenue by 26%, which would be a $3.2 billion increase.
“About five years ago, in March 2018, PG&E’s average bill for the typical residential customer who received electricity and gas services from the utility was $169.73 a month. In January, the average combined bill was $240.73 a month – meaning PG&E monthly bills have increased by nearly 42%. (1)”
PG&E and the CPUC have sent a clear message that they believe safety, efficiency, and reliability is not their financial priority. Instead of contributing to their profit margins, going solar allows you to cut the cord from their endless increases. If you want a better solution, reach out to theSolar Bill Review Teamfor a complementary professional analysis of your historic and future rates.
- Avalos, George. “PG&E customers facing big bill increases – 2 proposals would let utility seek rate hikes from ratepayers for an array of endeavors.”bayareanewsgroup.com
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