PG&E Bills Dropping for Electricity Customers for 5th time in 2 Years
Source: The Sacramento Bee |By George Avalos
PG&E electricity bills will be lower this month, the utility revealed Monday, a decline that continues customers’ reprieve from the brutal price spikes of recent years. PG&E cut electric rates further Sunday, on the heels of a reduction that went into effect with the January billing cycle.
The future, however, might bring higher bills, in Toney’s view, primarily because PG&E has a considerable number of proceedings that are pending before its primary regulator, the California Public Utilities Commission. “PG&E still has 13 pending rate requests before the PUC,” Toney said. “We don’t know how long these decreases in bills will last.” As a result, Toney is skeptical that the PUC will prevent bills from rising as it ponders PG&E’s multiple pending requests. “I have a hard time imagining that the PUC’s decisions will result in lower bills when you consider how the PUC typically acts with PG&E rate proceedings,” Toney said.
