PG&E Looking At New Rate Hike
Sacramento, CA — The California Public Utilities Commission will vote on December 19 on whether to allow PG&E to do another rate hike.
The latest increase would be related to raising the capital to more quickly connect new customers to the electrical grid. The move could increase the average bill by up to $4.33 per month. It wouldn’t appear on bills until 2026.
PG&E argues the increase would allow it to address a backlog in connection requests.
A group opposing the increase, The Utility Reform Network (TURN), argues that customers have already been paying about $50 more per month since the beginning of the year.
PG&E states that this year it will bring 13,000 new homes, hospitals, and schools onto the power grid, and the increase would double the amount of work it can complete. The company indicates that it will, long-term, help better spread the costs of infrastructure costs and maintenance to more customers.
