Overview

• PG&E has submitted a rate proposal for 2027–2030, requesting its smallest revenue increase in ten years, aiming to stabilize or reduce residential bills.
• The utility forecasts no further rate increases for 2025 and expects lower combined gas and electric bills in 2026 due to expiring surcharges.
• Over the past three years, PG&E has reduced operating and capital expenses by $2.5 billion to offset revenue increases and improve affordability.
• A $15 billion federal loan guarantee is expected to save customers $1 billion and support investments in grid modernization and wildfire mitigation.
• PG&E's plan includes infrastructure upgrades such as undergrounding power lines, enhancing wildfire safety, and expanding clean energy and battery storage.