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How will newly approved PG&E rate increases impact customers?

The average bill would increase by $3.50 per month over 12 months. Find out how one local business plans to deal with the rate hike.

Posted: Apr 26, 2019 7:44 AM
Updated: Apr 27, 2019 2:35 PM

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.

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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.

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The last two days saw quite a bit of rain in Northern California. Today we could see more but the showers look to be more isolated today than in previous days. Highs today are expected to reach the upper 50s to lower 60s.
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