PG&E Asks California to Increase Customer Rates to Pay Shareholders More

Annual bill increases are expected to be limited to between 2 percent and 4 percent through 2026.

PG&E transmission lines cross through mountain terrain in Mendocino County in Northern California on Dec. 19, 2024. Travis Gillmore/The Epoch Times

Some Californians could see an increase in their monthly gas and electric bills next year if the state grants a request filed on March 20 by Pacific Gas and Electric (PG&E).

The Oakland-based utility, which serves about 16 million people in northern and central California with natural gas and electricity, submitted the increase request to the state’s Public Utilities Commission (CPUC).