Urgent Alert

Lower prices

Our focus is on lowering energy prices

PG&E will deliver a clean, resilient energy system at the lowest cost. We will do this by:

  • Reducing our operating and materials costs while improving safety
  • Permanently solving fire risk and reducing tree trimming costs by undergrounding powerlines in high fire-risk areas
  • Spreading costs over longer periods of time to reduce bill spikes
  • Amending state policies to remove subsidies and extra costs on your bill
  • Seeking other funding to pay for safety and reliability work, such as federal grants
  • Offering programs and discounts to help you save energy and money
Spending breakdown for every dollar we billed by PG&E: 31 cents - State mandates, including: wildfire prevention, renewable portfolio standard, public-purpose programs, , other state policy; 32 cents - Energy generation and purchasing costs; 22 cents - Operations, maintenance and upgrades; 10 cents - Regulator-authorized earnings; 5 cents - Taxes. Also note: Non-solar customers pay 15% more for electricity and grid costs that solar customers avoid due to state policy.

What makes up the price of electricity? The graphic above breaks it down. Note that PG&E is committed to investing in its electrical system. As a result, the risk of wildfire from PG&E's equipment dropped 94%. Plus, the system is more resilient to harsh winter storms. Other items of note include the fact that state-mandated public purpose programs have increased by more than 100%. Also, residential customers without solar pay 15% more. This subsidizes energy prices for solar customers.

Our commitment to lower prices

Carla Peterman

Carla Peterman, EVP, shares the efforts underway to reduce costs for our customers.

We at PG&E are building a better future for California and the world by delivering a clean, climate-resilient energy system to meet our customers’ future needs.

 

Our goal is to build this system at the lowest cost for our customers, and we are proud of our progress...

 

Read more

We at PG&E are building a better future for California and the world by delivering a clean, climate-resilient energy system to meet our customers’ future needs.

 

Our goal is to build this system at the lowest cost for our customers, and we are proud of our progress...

 

Read more

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