Your PG&E Bill Might See Another Rate Hike by the End of Year
Source: ABC7 News | By Cornell Barnard
Your PG&E bill could jump another $6 per month before the end of the year. The price of natural gas rose in September, about $5.78 more on an average PG&E bill. The utility says a decrease in demand for gas is the reason. For months, utility watchdogs have been calling for fair utility rates but next week, the California Public Utilities Commission could grant PG&E yet another electricity rate increase of 2.7% about $6 more on an average bill.
"There are no limits to how much the Public Utilities Commission can grant in hikes, that's why TURN has been fighting for a cap on increases no more than the cost of living adjustment, provided by social security," said Mark Toney, Executive Director for TURN. TURN, The Utility Reform Network says, PG&E has been granted too many hikes this year alone. "We're looking at the fourth rate hike in 2024 alone, and every rate hike is like the tip of the iceberg, every hike stacks on top, that's why people are so angry," said Toney.
