FRESNO, Calif. (KFSN) -- PG&E announced the lowering of electric rates for the 5th time since January 2024.
The utility says combined with those previous decreases, rates are now 13% lower, with the average customer paying about $25 less per month.
The announcement, however, comes as PG&E proposes a new four-year rate hike beginning in 2027 to fund infrastructure, grid modernization and wildfire safety.
The proposal would potentially increase bills by $144 annually.
The California Public Utilities Commission is currently reviewing the proposal, with final decisions expected early next year.