"CPUC Approves Another PG&E Rate Hike in California"

1 min read
Source: KCRA Sacramento
"CPUC Approves Another PG&E Rate Hike in California"
Photo: KCRA Sacramento
TL;DR Summary

The California Public Utilities Commission has approved a plan by Pacific Gas & Electric to raise utility bills, with customers expected to see a $4 to $6 increase. The additional charge is intended to help pay for safety upgrades made by the company in 2022. PG&E has also requested more time to make a $1 billion payment, despite reporting profits of over $2 billion last year.

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