PG&E Rates to Increase in New Year


PG&E

Pacific Gas and Electric customers will see some rate increases in the new year.

Average rates for residential gas customers will go up 1.8 percent compared to December 2011, although they are still 0.3 percent lower than January 2011, according to PG&E officials. Average residential electric rates will increase 2.9 percent over January 2011, or 2.4 percent over December 2011.

"These revenues help us serve customers by reducing the frequency of electrical outages, improving the responsiveness of our call centers, providing more convenient services and, above all, continuing to upgrade the safety of our system," said Tom Botorff, senior vice president of regulatory relations for PG&E.

PG&E officials said the rate increases were lower than the trend for U.S. consumer prices, which increased 3.4 percent from November 2010 to November 2011.

Eric Brooks
Eric Brooks
wrote on 01/01/2012 at 11:37 a.m. PST

Of course, if we simply get rid of PG&E power and replace it with community funded local solar, wind power, and other renewables (which deliver free electricity for decades after their up front costs are paid) our bills can actually start going down, instead of up. And at the same time we will be helping to reverse the climate crisis. See http://ourcitysf.org/campaigns/communitychoice.html

Also note that this idea PG&E is pushing that its price increases are lower than the rise in the cost of living, is an outrageous deception. Why? Because energy prices are factored -in- to the rise in the cost of living. So as energy prices go up they push up the overall cost of living; meaning that the rising cost of living will almost always exceed energy price rises.

This reality becomes especially clear when we remember that when energy prices rise, the cost of producing -all- consumer products, services, and agricultural produce goes up, creating a vicious inflationary multiplier effect.

So in the current deep recession and environmental crisis, we can no longer afford PG&E...

Add a Comment

Join the Conversation

Not a member yet? Register Now

You must sign in to post a comment.

or