PG&E CEO predicts bills won't rise in 2025 and will fall in 2026
Briefly

PG&E, the major utility company, has requested authorization from the state to increase revenue, yet it assures that customer monthly bills can remain flat or even decrease. The company credits improved efficiency and cost management for this projections, highlighting a significant shift in their approach to customer service. PG&E anticipates proposing its smallest rate case increase in a decade, with plans to keep residential combined gas and electric bills unchanged by 2027. Customers may even see lower bills by 2026 as PG&E works to pass savings onto them.
PG&E is transforming its approach to customer service and operations, aiming to keep monthly bills flat or lower despite requesting more revenue from the state. This reflects an emphasis on improving efficiency and cost management for the benefit of ratepayers.
Our proposal demonstrates a commitment to a turnaround story. PG&E is adjusting rates while reducing costs elsewhere, ensuring that residential gas and electric bills can stay the same or even decrease in the coming years. It's about passing savings back to customers.
Read at www.mercurynews.com
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