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Non-Tech : Kirk's Market Thoughts

COHR 190.88

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3:59 PM EST

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To: robert b furman who wrote (13141)

2/22/2022 6:50:26 PM

From: Kirk ©

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This just came by email from the power company (PG&E) about their third rate increase after rising about 20% in the past year. None of this takes into account any of the new price increases from the Russian Ukraine dustup.

>>

How could this affect my monthly bill?

ELECTRIC RATES:

Based on rates currently in effect, the bill for a typical non-CARE bundled residential customer using 500 kilowatt-hours per month would increase from $138.86 to $164.05 or 18.1% if the GRC is approved as filed.

Direct Access (DA) and Community Choice Aggregation (CCA) customers only receive electric transmission and distribution services from PG&E, and distribution rate charges for these customers would increase by 21.5% if the application is approved as filed. DA providers and CCAs set their own rates, so customers are encouraged to check with your DA provider or CCA to see how this would impact your overall bill.

Departing Load customers do not receive electric generation, transmission, or distribution services from PG&E; however, these customers are still required to pay certain charges by law or CPUC decision. On average, these customers would see a rate increase of 7.6% if the application is approved as filed.

Actual impacts will vary depending on usage.

GAS RATES:

Based on rates currently in effect, the gas bill for a typical residential non-CARE customer averaging 33 therms per month of gas usage would increase from $59.92 to $70.73, or 18%. Actual impacts will vary depending on usage.

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