PG&E's Persistent Rate Hike Requests Continue to Burden California Customers

1 min read
Source: KFSN-TV
PG&E's Persistent Rate Hike Requests Continue to Burden California Customers
Photo: KFSN-TV
TL;DR Summary

PG&E is seeking another rate hike of $2 billion from its customers to cover costs related to wildfires and other disasters, just weeks after receiving an 11% increase approved by the California Public Utilities Commission. This could result in an additional $12 to $20 on monthly bills as early as March. The Utility Reform Network is advocating for a cap on utility rate increases, as PG&E's rates will have increased by 59% in a four-year period. Fresno Mayor Jerry Dyer expressed concern about the impact on struggling families and called for discussions on how to address the issue. PG&E wants to start collecting the additional funds in March, even before the PUC decides on the request.

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