Customers Grapple with PG&E’s Rising Rates
Source: Scot Scoop | By Emi Pajarillo
Facing escalating financial pressures, customers across California struggle with Pacific Gas and Electricity’s (PG&E) increased utility rates in the new year. As of Jan. 1, PG&E is increasing customers’ monthly bills by 12.8%, resulting in an average increase of $32.50. These funds will go toward wildfire mitigation initiatives, electric capacity upgrades, and clean energy goals.
“We want the most green for the least green. The cost of greening the grid should not be cutting off low-income families,” said Mark Toney, the executive director at The Utility Reform Network (TURN), a consumer advocacy organization.“A consumption tax is the worst way to fund things,” Toney said. “The poorer you are, the more burden is placed on you, which doesn’t make sense in a society where the wealth gap keeps expanding.” “It is not right to increase a consumption tax on necessities of life such as electricity, to fund climate change initiatives, solar subsidies, and wildfire. We need to develop better, more progressive, equitable ways to generate revenue for those important priorities,” Toney said.