- Watch The JD Rucker Show every day to be truly informed.
(Daily Caller)—A major utility company serving millions of Americans wants to jack up its electricity rates because of climate change, according to Fox KTVU.
The Pacific Gas and Electric Company (PG&E), a California-based utility provider with more than five million customers, has requested state regulators allow the firm to raise rates by an average of up to $20 each month because of climate change, according to Fox KTVU, a local outlet that cited analysis conducted by The Utility Reform Network.
This requested hike would supplement an already-approved increase scheduled to kick in on January 1, 2024, which is expected to raise utility bills by an average of $33 each month.
California is suing oil companies over climate change https://t.co/jM65aSB2px
— Daily Caller (@DailyCaller) September 17, 2023
PG&E asserts that the rate hikes, if approved, will provide it with the billions of extra dollars needed to fortify its infrastructure to endure climate change and its impacts, according to its filing with the California Public Utilities Commission (CPUC), the state’s utility regulator.
“It’s gonna be between $12 and $20 additional each month. That’s on top of the $33 that’s coming January 1,” Mark Toney, the executive director for The Utility Reform Network, told Fox KTVU. “They want them to start collecting in March, even before the CPUC has held a proceeding and decided whether PG&E should get paid back by rate payers; two billion dollars for overspending … PG&E has several requests for at least another $3 billion.”
The company’s power lines sparked several massive wildfires in the state in the late 2010s, but the utility instead blamedglobal warming for the tragedies.
“There needs to be serious auditing of this organization to make sure that they’re not being wasteful, inefficient as passing costs onto people, particularly those that don’t have income that are unfair,” Edward Voss, a retired accountant and a PG&E customer, told Fox KTVU.
“I think it’s a complete rip-off,” another PG&E customer, Ron Rosaia, told the outlet.
All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
“Crisis is the rallying cry of the tyrant” – James Madison
Yesterday I received an offer from Atlanta Natural Gas to make my gas green for only $5.50 a month and the first year is free if I sign up. I shredded it.
Climate change my arse. PG&E murder hundreds of people in Paradise CA with their poorly maintain equipment.
PG & E has been treating it’s customers this way for decades. In the 70’s I lived in San Diego and paid more for electric for a one bedroom cottage than family in LA paid for a three bedroom house. This doesn’t surprise me at all.
I am a retired PG&E employee and I am totally upset with the direction this company has taken. It is all about wokeness and not a bit of science or common sense involved.