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The proposed rate increase, which goes into effect Jan. 1, will result in an average monthly increase of $22.20 for electric-only customers, $10.43 for natural gas-only customers, and $32.62 for ...
Vocal opponents of the rate increase include the California Municipal Utilities Association, which represents SMUD, as well as representatives of the rooftop solar industry. ... PG&E customers saw ...
The rate hikes include PGE’s request to state regulators to approve a 7.4% rate increase in February, which was followed by an increased request to a 10.9% increase in July. PGE later requested ...
The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). [2] The company is headquartered at 300 Lakeside Drive, in Oakland, California.PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.
California's electricity rates are among the highest in the United States as a result of the changing energy mix within the state, including aggressive construction of new natural gas power plants. [11] As of 2021 California's electricity costs were 19.7 cents per kWh. [18]
At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.
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The rate impact those leaving for CCAs was expected to be a 1.68% increase to those customers leaving PG&E; 2.5% increase on Southern California Edison defectors and 5.25% on customers departing SDG&E. [48] The choice to opt out can be a benefit for customer choice but it can also be a risk for CCA programs because if there are many customers ...