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Saturday, October 16th, 2004

electricity rates rising again, again

Home electricity bills from Pacific Gas and Electric Co. could rise 4.1 percent in January under a proposal the company sent state regulators Friday.

And that might not be the only rate increase PG&E’s residential customers face next year.

The company also wants to shift more of its costs from business customers to residential customers and could receive permission to do so next fall.

Anyone who is surprised, stand up and repeat after me: since 1970, electricity rates have climbed an average of 6% per year.


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posted to channel: Solar Blog
updated: 2004-10-16 16:39:09

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