PG&E Announces Lower Electric Rates in 2026, but Advocates Skeptical of Long-Term Relief
Source: KRCR ABC7 | By Hannah Gutierrez
PG&E announced electric rates will drop for the fourth time in two years on January 1, 2026, but The Utility Reform Network (TURN) says they don't expect the relief to be for long. PG&E said that, along with earlier reductions, residential electric rates will be 11% lower than in January 2024, resulting in savings of about $20 per month. Additionally, electric prices for CARE customers will decline by 6%.
Executive Director of TURN, Mark Toney, claims that although a noticeable drop was observed in 2025, the utility has 10 rate increase proposals before the CPUC. “That is strong evidence that the bills are destined to go back up. If you think your bills are too high, every time you get a bill once a month, call your assembly member, call your senator, call the governor, and say support TURN’s affordability bills" Toney told KRCR. He believes rates will eventually rise again.
