PG&E Proposes 5th Rate Hike in 2024, but Why? Here's Where Money is Going

Source: ABC 7 News  |  By Dion Lim

PG&E customers could see another increase in their utility bills. If approved, this would mark the fifth rate hike in 2024. ABC7 News looked into where the money is going and what can be done to curb future increases.

"It's death by a million cuts. It's just a nonstop rate hike after a rate hike," said Lee Trotman of The Utility Reform Network (TURN). "Right now, you're paying an average of $50 more than at the beginning of the year," Trotman said.