Energy Hike Protesters Send un-Valentine to PG&E in Response to Corporate ‘Love’ Letter
Source: Bay City News | By Ruth Desseault
In 2023, PG&E announced a 2023-2026 General Rate Case, which explained their planned rates for the near future. The California Public Utilities Commission approved the rates that same year. It specified a 12.8% increase in 2024, a 1.6% increase in 2025 and a decrease by 2.8% in 2026. Have they stuck to the rate hike schedule?
“You have to remember that only 50% of the bills are decided in a general rate case,” said Mark Toney, executive director of The Utility Reform Network, a nonprofit consumer advocacy group. Toney said the original purpose of having the general rate case was to have all the revenue requirements, all of the money that the company would collect, decided in one big case. “But now there are so many other rate cases. Energy efficiency is separate. Wildfire spending is separate. Diablo Canyon is separate. And there’s a big, long list of things that are completely separate from the general rate case,” he said. “Electric vehicle charging stations. I mean, I can go on and on. This is what they’ve been approved. There were five other non-general rate case increases approved in 2024.” Toney said that part of the reason the rates are so high is because there are no limits to how much they can request; no limit to how many times a year they can ask for an increase; and there are no limits to how much of a rate increase the CPUC can grant. Whether the rates will decrease in 2026, he said, is a question of what the rate is compared to. “That’s part of what we’re fighting for over with the Legislature. It may be a decrease from 2025, but it’s certainly an increase from where it started before the 12% increase in 2024,” he said.
