PG&E customers will see their bill rise in 2024 - Action News Now
PG&E customers will see their bill rise in 2024 | News | actionnewsnow.com
PG&E rate hikes are coming in 2024
CALIFORNIA - Millions of PG&E customers in California are going to see their monthly power bill go up starting next week with the start of the new year.
The California Public Utilities Commission approved the rate hike in November. It increases the typical PG&E bill by about $32.50 a month in 2024, $4.50 in 2025 and almost $8 in 2026.
A PG&E spokesperson says the CPUC didn't fully fund their proposal. It will use the additional month to underground more than 1,200 miles of power lines and put covered conductors on another 778 miles.
There could be more to come.
PG&E has requested an additional hike that could start in March. This would raise the typical customer’s bill by about $14 a month or 7.2 percent.
They say that money is needed to recover expenses from catastrophic events like winter storms and the pandemic.
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