Power bills for about 16 million people in Northern California will likely increase soon
Power bills for about 16 million people in Northern California will likely increase after state regulators released two rate proposals for one of the nation’s largest utilities Wednesday.
The commission on Wednesday could not say what the increase would be for the average residential customer. But it is likely to be far less than what PG&E had initially requested — the company had asked for rate increases large enough to boost its revenue by 26%, but the two proposals the commission released would increase revenue by a maximum of 13%.PG&E had asked for more revenue in part to pay for a plan to bury about 3,300 miles of power lines to.
It appears the commission agrees. Both of its proposals would approve rate increases sufficient to bury less than 1,000 miles of lines.
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