{"id":1608,"date":"2021-03-15T19:41:33","date_gmt":"2021-03-15T19:41:33","guid":{"rendered":"https:\/\/NewsUpNow.org\/?p=1608"},"modified":"2024-02-08T00:53:14","modified_gmt":"2024-02-08T00:53:14","slug":"heres-why-your-electricity-prices-are-high-and-soaring","status":"publish","type":"post","link":"https:\/\/newsupnow.org\/news\/heres-why-your-electricity-prices-are-high-and-soaring\/","title":{"rendered":"Here\u2019s why your electricity prices are high and soaring"},"content":{"rendered":"


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IN SUMMARY<\/strong><\/p>\n

PG&E customers pay 80% more than national average.<\/strong><\/p>\n<\/div>\n<\/div>\n

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California’s electricity prices are among the highest in the country, new research says, and those costs are falling disproportionately on a customer base that’s already struggling to pay their bills.<\/p>\n

PG&E customers pay about 80% more per kilowatt-hour than the national average, according to a study by the energy institute at UC Berkeley’s Haas Business School with the nonprofit think tank Next 10. The study analyzed the rates of the state’s three largest investor-owned utilities and found that Southern California Edison charged 45% more than the national average, while San Diego Gas & Electric charged double. Even low-income residents enrolled in the California Alternate Rates for Energy program paid more than the average American.<\/p>\n

“California’s retail prices are out of line with utilities across the country,†said UC Berkeley assistant professor and study co-author Meredith Fowlie, citing Hawaii and some New England states among the outliers with even higher rates. “And they’re increasing.â€<\/p>\n