PG&E strives to slow pace of increases in electric and gas bills: company CEO

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PG&E’s top boss held out hope Monday to the utility’s beleaguered ratepayers that they can expect customer monthly bills to reduce.

RICHMOND — PG&E’s top boss held out hope Monday to the utility’s beleaguered ratepayers that they can expect customer monthly bills to flatten out and someday even fall below the current sky-high utility prices.

Poppe appeared Monday at an Earth Day CEO summit next to the headquarters of Moxion Power, a green technology company located at Ford Point along the windswept shores of southern Richmond. Over the 12 months ending in January 2024, combined bills for a typical residential customer who receives combined electricity and gas services from PG&E averaged roughly $294.50 a month.

 

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