by Katy Grimes, E&E Legal Senior Media Fellow and California Globe Editor
As Appearing in the California Globe
This increase is on top of the 9% increase PG&E electricity were hit with March 1
With double-digit inflation, mega-gas prices in California, high food costs, high housing costs, and used cars selling for new car prices, gird your loins: Pacific Gas and Electric is proposing a 22 percent rate hike.
PG&E electricity customers were recently hit by a 9% rate hike on March 1st. That rate hike was unanimously approved by the California Public Utilities Commission and includes a 10% bump for small business, and a larger increase for industrial facilities, for an average increase of 12.69% across PG&E’s entire customer base, Daily Energy News reported.
Although PG&E also draws hydroelectric power from a system of pipes connected to dams and reservoirs, climate change and a persistent drought have diminished that supply, CPUC Commissioner Genevieve Shiroma, said.
Maybe the State Water Resources Control Board should meet with the CPUC and come to an agreement to stop the outflows of the state’s reservoirs while the threat of drought persists.
