Millions of Californians are about to get blasted by a staggering increase in their gas and electric bills, a hike that was quietly approved by a state commission a week before the Thanksgiving holiday. But that’s not the worst of it.
Beginning Jan. 1, power giant Pacific Gas & Electric, which serves 16 million Californians, will impose a 13% increase on the average household bill. That comes to $32.50 a month, or nearly $400 extra per year. Low-income households that qualify for PG&E discounts will still be on the hook for an average of $21 more per month, or an extra $250 per year.
