Business

PG&E says it will cut average rates for electric customers starting June 1

Pacific Gas and Electric Company (PG&E) said it will cut average rates for electric customers in Northern and Central California starting June 1.

The utility said that on June 1 it will lower average electric rates for all customers 3 percent. It said the specific impact on bills will vary by how much electricity customers use and whether they are homes or businesses.

PG&E said it will cut the top residential rate charged for the highest levels of use by 19.6 percent in all parts of its service area.

Rates for the next highest level of use will drop by 5.8 percent. Rates for the middle tier will rise 1.8 percent to help offset the other declines.

PG&E said it also offers financial assistance programs to help customers get one-time help to pay bills, balance their payments over the course of a year or establish a payment plan to catch up on late bills. Customers should call 1-800-PGE-5000 as soon as they think they may have trouble paying their bills.

The company, based in San Francisco, has 20,000 employees and delivers energy to 15 million people in Northern and Central California. For more information, visit www.pge.com/about/.

  Comments