PG&E seeking huge rate increase
March 24, 2022
By KAREN VELIE
In addition to increased gas, food and rental costs, San Luis Obispo County residents are facing rising electric bills as PG&E rates climb.
After receiving permission to raise rates 22% in 2022, PG&E wants to raise its rates by another 22% percent from 2023 through 2026. PG&E rates jumped 8% in January and 10.5% last week, with another 3% increase slated for this summer.
On March 22, the California Public Utilities Commission listened to proponents and opponents of the additional 22% increase.
In the end, the Public Utilities Commission will determine if PG&E can raise its rates another 22%, which would be a more than 44% increase in rates over five years.
The comments below represent the opinion of the writer and do not represent the views or policies of CalCoastNews.com. Please address the Policies, events and arguments, not the person. Constructive debate is good; mockery, taunting, and name calling is not. Comment Guidelines