The Brief
- PG&E said electricity rates will decrease by about 5% and natural gas rates will decrease by 3% in 2026.
- The rate cuts are due to PG&E completing a number of “safety and reliability projects” for customers and lower greenhouse gas compliance costs, the company said.
SAN FRANCISCO – PG&E will lower its electric and natural gas rates beginning on January 1, marking the fourth rate cut made by the utility company in about two years.
By the numbers:
The company said electricity rates will decrease by about 5%, which translates to roughly $7 per month saved for average PG&E customers and $4 per month saved for California Alternate Rates for Energy (CARE) customers.…