PG&E; hikes electric rates 6%
- Share via
From Times Wire Services
Pacific Gas and Electric Co. customers will pay more for their electricity after the company hiked its rates by an average of 6%.
The new rates, which went into effect Wednesday, mean a typical residential customer will now pay more than $73 a month for electricity.
Larger homes will see their rates rise to a little more than $158 a month, and a typical small business will pay more than $292.
PG&E; says the rate hike is needed to cover a rise in the price of natural gas.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.