Here's a daily dose of schadenfreude for people who do not live outside of Northern California. But for me it's just more evidence that "PG&E sucks".
PG&E to raise customers’ rates 8% to help pay for wildfire mitigation efforts
TLDR: The California CPUC approved PG&E to "get more money" to offset all the wildfire problems and general costs of doing business. Getting more money means charging higher rates starting March 2021. Total revenue can go up 12.4%; but residential electric energy costs are "only" going up 8%. Residential gas energy is going up 3.5%. Distribution is where things are going up the most... 17.2%.
If you're in NorCal, you have every reason get solar and ESS ASAP. And PG&E has every reason to try and stop you since they need your cash to pay for... stuff.
You can read more here:
https://docs.cpuc.ca.gov/PublishedDocs/Efile/G000/M250/K270/250270251.PDF
My favorite part of the proposal is that PG&E is going to cut costs with customer service as a means to try and still make their math work. Nice.
PG&E to raise customers’ rates 8% to help pay for wildfire mitigation efforts
TLDR: The California CPUC approved PG&E to "get more money" to offset all the wildfire problems and general costs of doing business. Getting more money means charging higher rates starting March 2021. Total revenue can go up 12.4%; but residential electric energy costs are "only" going up 8%. Residential gas energy is going up 3.5%. Distribution is where things are going up the most... 17.2%.
If you're in NorCal, you have every reason get solar and ESS ASAP. And PG&E has every reason to try and stop you since they need your cash to pay for... stuff.
You can read more here:
https://docs.cpuc.ca.gov/PublishedDocs/Efile/G000/M250/K270/250270251.PDF
My favorite part of the proposal is that PG&E is going to cut costs with customer service as a means to try and still make their math work. Nice.