February 28, 2024

OAKLAND — PG&E’s request for a spring improve in charges partly as a result of wildfire prevention work are poised to propel utility payments previous a grim milestone: Fees are slated to common greater than $300 a month for the primary time.

This month, PG&E common payments for the everyday residential buyer climbed to $294.50 a month, efficient with the January billing cycles. That’s the very best common month-to-month invoice ever for PG&E clients.

Oakland-based PG&E’s mixed fuel and electrical payments are rising about eight instances quicker than the annualized improve in Bay Space client costs.

PG&E believes greater fees are vital due to an array of upgrades and enhancements to its electrical energy and fuel programs geared toward decreasing the possibilities of the corporate’s tools unleashing disastrous fires or catastrophic explosions. The utility has been slapped with billions of {dollars} in penalties in reference to disasters PG&E has prompted, together with a deadly fuel explosion in San Bruno in 2010 and deadly infernos.

One other spherical of invoice will increase will confront PG&E clients, doubtless beginning in March 2024.

This time round, efficient in March, month-to-month PG&E payments are prone to improve one other $13.65 a month. This might take the typical invoice to $308.15 a month for the everyday residential buyer who receives mixed electrical energy and fuel companies from PG&E.

This might mark the primary time above the $300 mark for the typical mixed PG&E invoice for residential clients.

PG&E filed a request on Dec. 1 with the state PUC for the interim price adjustments.

If the PUC approves the request, PG&E can be approved to The December request, if accepted, would allow PG&E to get well a portion of the prices arising from wildfire mitigation, catastrophic occasions reminiscent of wildfires and storms, and different actions associated to security which can be incurred past.  These prices don’t embrace cases the place PG&E tools was discovered to have prompted a hearth.

An insert that accompanies this month’s new invoice particulars the potential impacts on buyer payments which can be anticipated in March.

The brand new potential month-to-month common can be 4.6% greater than the present month-to-month mixed invoice.

The March improve would consist solely of adjustments within the electrical energy payments, primarily based on the request that PG&E made on Dec. 1 with the state Public Utilities Fee.

Future years would convey will increase within the pure fuel element of the invoice. Gasoline payments are slated to extend $3 a month in March 2025.

“Interim price aid will assist decrease prices for patrons in the long run,” PG&E spokesperson Mike Gazda stated.

Efficient Jan. 1, month-to-month electrical energy payments for the everyday PG&E electrical energy buyer reached a mean of roughly $222 a month. That’s 28.4% greater than the month-to-month electrical energy invoice of $172.84 in January 2023.

Gasoline payments now common $72 a month. That’s 6.1% greater than the typical month-to-month fuel invoice of $67.89 in January 2023.