US EditionCustomers of California’s largest utility face 7th rate hike since 2024
- Pacific Gas and Electric submitted a proposal to the California Public Utilities Commission for a rate increase of $5.50 per month for residential customers, effective January 1, 2026.
- This would be the seventh rate hike since 2024, raising average yearly rates over $3,500 and doubling the rates from 2022.
- Consumer advocates oppose the rate increase, citing PG&E's record profits of almost $2.5 billion in 2024.
- PG&E claims that the rate hike is necessary to compensate investors and maintain energy infrastructure, investing 97% of its earnings back into the system.
20 Articles
20 Articles
Lobbyists Are a Growth Industry in a State as Complex as California
The California state Capitol building in Sacramento. (File photo courtesy of Sen. Toni Atkins’ office) This column was originally published by CalMatters. Sign up for their newsletters. In the late 1990s, the late Jay Michael and I coauthored a book, published by the University of California, that explored why and how interest groups employ lobbyists to represent them in Sacramento. Michael was a retired lobbyist who provided innumerable stories…
San Diego Union Tribune
Susan Shelley: The folly of state energy policy
Your electricity bill is too high, and one of the reasons for this is so idiotic, even the California state auditor had to say something. “The benefits of energy efficiency programs may not be worth their cost to ratepayers,” State Auditor Grant Parks wrote in a report released on March 18. “None of the utilities’ program portfolios met their annual goals in at least five of the seven years from 2016 through 2022, and none have met electric ener…
Proposed rate hike would give PG&E highest profit rate of any utility in the country
(KRON) -- Pacific Gas & Electric customers could see their bills increase next year by as much as $5.50. That’s what the utility company sent to the California Utilities Commission for approval yesterday. PG&E says that prices are going up because their investors expect to be compensated when providing the utility company with funding. For many customers however, that's a less-than-satisfactory reason for raising already high rates. On Thursday,…
PG&E Asks California to Increase Customer Rates to Pay Shareholders More
Some Californians could see an increase in their monthly gas and electric bills next year if the state grants a request filed on March 20 by Pacific Gas and Electric (PG&E). The Oakland-based utility, which serves about 16 million people in northern and central California with natural gas and electricity, submitted the increase request to the state’s Public Utilities Commission (CPUC). PG&E and other utilities are required to file an application…
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