PG&E Ads and Rate Increases
Source: Lifeline with Craig Roberts |By Mark Toney, Guest
“Craig: it was only a bare year ago when our friends at PG&E took out ads, television, radio, streaming ads all to tell us how much cheaper our bills have become. Paid for by ratepayers, I must add, and all of the savings really amounted to a dollar a month. So I opened my latest bill and noticed that they are asking for, you guessed it, rate increases. Remember the old adage what goes up must come down? PG&E’s got a new twist on that and it’s what goes down must come up, so I said to myself we need to talk to our old buddy Mark Toney at The Utility Reform Network.”
“Mark: here’s what’s going on and the fundamental problems that we are facing. There are no limits to how much PG&E can ask for rate increases, no limits to how many times a year they can ask for increases and no limits to how much the California Public Utilities Commission can grant in rate increases. Right now, PG&E has multiple rate increases sitting on the table of the CPUC. It’s more than two, more than three, it’s nine rate increases, count them, for a total of $4 billion. I don’t believe this nonsense about your rates going down, that is just a blip and your rates are going right back up.”
