PG&E monthly bills fall as some wildfire and emergency costs recede

"PG&E customers can expect that monthly electricity costs will drop by an average of $5 for the typical residential ratepayer who uses 500 kilowatt hours a month and isn't on a subsidized billing plan. That equates to a 2.1% decrease. Gas bills are slated to drop an average of 39 cents a month for the typical customer, which equates to a decline of 0.4%. These calculations apply to customers who use 31 therms a month."

"Oakland-based PG&E said its customers are also slated to receive a bill credit in October that will amount to a reduction of $58.23 for that month. This is as a result of the California Climate Credit that is applied to monthly bills twice a year in April and October. The investor-owned utility said that flat or lower monthly bills for its customers contrast with the nationwide trends as sketched out by the U.S. Energy Information Administration, which is forecasting double-digit increases nationwide for electricity prices."

PG&E monthly electricity bills will drop by an average of $5 for a typical residential customer using 500 kilowatt hours per month, a 2.1% decrease. Gas bills will decline by an average of $0.39 for a typical customer using 31 therms, a 0.4% decrease. Customers will receive a California Climate Credit of $58.23 in October; the credit is applied twice yearly in April and October. No further rate changes are expected in 2025, and bills are expected to decline in 2026. Residential electric rates have decreased three times over the past 15 months after prior annual increases above 20%.

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