Updated 2:15 p.m. Saturday, Apr. 27, 2019 - How will rate hikes by PG&E impact local businesses? Watch one of the videos attached to this story to see how a Chico restaurant, the Sol Mexican Grill, plans to adapt.
They are located at 3269 Esplanade in Chico, Suite 155.
SAN FRANCISCO (CA) — California regulators have approved a $373 million rate hike for Pacific Gas & Electric to pay costs related to a series of wildfires.
KTVU-TV, a Bay Area news station says the California Public Utilities Commission Thursday unanimously OK'd an increase that raises the average bill by $3.50 a month over 12 months.
The station says the money is supposed to be used to pay PG&E's costs for nine fire, wind and rain events in 2016 and 2017, including repairs and clearing brush and trees from under power lines to prevent future fires.
The hike will not cover the billions it will cost PG&E in connection with 2018's devastating wildfires, which KTVU reports, will generate its own, additional, emergency rate request. And on top of that, every three years, PG&E files what's called a General Rate Request and that one, as currently submitted, could add another $20 a month to your bill.
- How will newly approved PG&E rate increases impact customers?
- PG&E Increases Support for Yuba, Butte Customers in Wildfire-impacted Communities as Reconstruction Efforts Begin
- PG&E customers talk about impacts as next potential blackout nears
- PG&E requests another rate hike
- PG&E tells customers: Prepare for blackouts
- PG&E works to restore power to customers
- PG&E restoring power to North State customers
- PG&E customers could see a 3.4% increase in bills in 2020
- PG&E Approved for $1.5 Billion Loan