Starting January 1, 2026, Pacific Gas and Electric Co. (PG&E) will reduce monthly electricity and gas bills for its customers, marking a significant change in pricing. The average customer can expect a decrease of approximately $7 on their electricity bill and $1 on their gas bill compared to December 2025. Those who receive CARE income-based discounts will see an even more substantial reduction of around $4 per month for electricity. This move comes as a response to the decreasing costs of generating power, according to PG&E. The California Public Utilities Commission has also played a role by reducing the potential profits the utility can collect for shareholders through customer bills, as reported by the San Francisco Chronicle. As a result, the average electric bill is projected to drop from $222 in 2024 to $202 in 2026. CEO Patti Poppe emphasized the importance of stable and predictable bills for families and businesses, stating that PG&E is committed to lowering rates despite expected national price increases. Since 2024, PG&E has consistently reduced electric rates, demonstrating its dedication to passing on savings to its customers. For more updates on top California stories, download the KCRA app, subscribe to the morning newsletter, or visit the KCRA YouTube channel.
