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KPAY News

PG&E Adresses High Natural Gas Prices Spike in Utility Bills

- Pacific Gas and Electric Company (PG&E) customers are seeing much higher energy bills this winter. PG&E knows that's a challenge for many customers and is sharing why bills are higher and how the company is supporting its customers. As of January 25, PG&E projects that residential combined-use gas and electricity bills will be about 32% higher from November to March, compared to the same months last winter. Gas price increases this winter have been driven by higher demand and tighter supplies in California, Oregon and Washington, as customers use more natural gas for heating during colder temperatures. Power plants are also using more natural gas to meet electricity demand. PG&E expects prices to ease as we move towards warmer weather this Spring