PG&E will be adding about 30 cents to your gas and electric bill. State regulators gave the utility permission to start a $120 million rate hike over the next four years. That money is slated to pay for repairs and maintenance to PG&E's natural gas system.
The Oakland Tribune reports that the average residential customer will see their bill go from about $51.60 to $51.96 this year. But, by 2014 charges could go as high as $58.16 a month.
The increase had been in the works before last year's deadly gas explosion in San Bruno. PG&E is expected to ask for more rate hikes after the investigation into the explosion ends.