California Public Utilities Commission Approves 4th PG&E Rate Hike for 2024
For the fourth time this year, the California Public Utilities Commission has approved another rate hike for Pacific Gas and Electric Company (PG&E). This increase will amount to a monthly increase of $6 per monthly bill. Since 2020, utility rates have escalated by 54%.
This latest increase comes as a response to the increasing costs of widespread power outages during winter storms. Commercial and industrial businesses should combat rising utility costs is by investing in solar energy. Community solar developments empower businesses to lower their utility bills while also reducing their carbon footprint.
Read the full article at https://abc7news.com/post/pge-rate-hike-california-public-utilities-commission-unanimously-approves-6-monthly-increase-electricity-bills/15296646/, and visit https://www.renewam.com/business to learn more about how Renewable America can power your business while saving you money.