Unbelievable!
Utility provider PG&E, in documents filed with the state, is seeking a five percent rate increase for its most energy-efficient customers. The increase is reportedly so the company can give it's highest-volume customers a price break.
"[The] company, with profits up 4.6 percent in the third quarter of this year, said they’re just trying to be fair," California blog Mission Local noted.
“It’s necessary to avoid the continued shifting of costs associated with utility services to a limited set of residential customers,” PG&E spokesperson told blogger Heather Duthie.
That "limited set of residential customers" the company refers to are those who use between 131 and 300 percent of average customers, Mission Local added. Under the proposal, they can expect future savings between 2.5 and 5.7 percent on their electric rates.
Read on.
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