PG&E to Customers: “Pay More So We Profit More”

Yes, it’s true: more rate hikes are coming for PG&E customers—and this time, they’re not even trying to hide the fact that it’s solely to increase profits for shareholders. The utility company is asking for yet another rate increase in their recurring three-year update from the California Public Utilities Commission. It specifically cites boosting investor profits as the rationale for the increase, despite reporting record profits for two years in a row—$2.47 billion in 2024, on top of the $86 million that is already earmarked for shareholder dividends. So what does this mean for customers like you? In short: higher bills, fewer answers, and [...]

By |May 27th, 2025|Categories: Electricity, Finance, Solar for Homeowners|Tags: , , , , , , , , , , , |Comments Off on PG&E to Customers: “Pay More So We Profit More”

A Powerful Choice of Battery Backup

Tesla is redefining home energy storage once again! If you're searching for the ultimate backup solution—or just love groundbreaking technology—the Tesla Powerwall 3 is worth your attention. Engineered for reliability and packed with advanced features, this battery is built to keep your home powered through anything. Here's what makes this third-generation powerhouse a great option for your home's energy needs: Robust Product Design The long-lasting and powerful lithium ion phosphate (LFP) battery cells in the Tesla Powerwall 3 have a maximum continuous output of 11.5 kW. That’s double what the Powerwall 2 offered—and a solid option in terms of an energy storage system [...]

Rate Hikes Hit New Highs (and Lows)

If you’re not mad about PG&E’s rate hikes last year, you haven’t heard the news yet. In 2024, the Bay Area utility company raised their prices on residential electricity a whopping six times, bringing the average cost to over $0.40 per kWh. That’s more than double what they were charging a decade ago, and 67% more than at the start of the pandemic. (See the chart above.) So if your bill has gone up hundreds of dollars per month recently… you’re not alone. And the rate hikes aren’t going away. In a recent statement, PG&E acknowledges resident complaints over price but only promises that 2025 [...]

By |January 21st, 2025|Categories: Electricity, Solar for Homeowners|Tags: , , , , , , , , , , |Comments Off on Rate Hikes Hit New Highs (and Lows)
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