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If approved, customers would see their bills increase by about $1 per day beginning in 2023. Author: Matthew Nuttle Updated: 5:54 PM PDT June 30, 2021
SACRAMENTO, Calif The Pacific Gas and Electric Corporation (PG&E) is proposing a rate increase to help in its wildfire prevention efforts. The increase, which would generate billions of dollars, would not go into effect until 2023.
According to PG&E, the proposal includes $7.4 billion in new investments from 2023 - 2026 to help keep customers safe and reduce the impacts of climate change.
If approved in its entirety by the California Public Utilities Commission (CPUC), electricity and gas customers would see their bills increase by about $1 per day, according to PG&E. A California Alternate Rates for Energy (CARE) customer would see their bill go up by about $0.80 per day.