PG&E Requests Another Rate Increase. Here's How Much You Could Pay in 2024
Written By Alejandra Cruz
Source: ABC 7 News | By Dustin Dorsey
Get ready to pay more on your electric bill. Last month, the California Public Utilities Commission approved a nearly 13% rate hike which you'll start seeing that on your bills starting Jan. 1. But now, PG&E has requested another hike and they're asking for another $2 billion.
"Every increase that you hear about is just the tip of the iceberg,' The Utility Reform Network exec. director Mark Toney said. "And every increase that gets approved by the California Public Utilities Commission stacks on top of each other." The Utility Reform Network, or TURN, says the company wants to start collecting those increases from customers before the CPUC has even completed a proceeding with all parties involved.
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