Pricier Gas Means PG&E Bills Will Increase | NBC Bay Area

Pricier Gas Means PG&E Bills Will Increase

Ring in the new year with some more expensive electricity.



    Up with the gas bills.

    Customers of Pacific Gas and Electric Company will see their monthly bills rise by about $3.38 this year, according to the utility giant. The reason, according to the San Francisco Chronicle, is pricier natural gas.

    A 2.8 percent increase in price went into effect on Jan. 1, for an average customer bill for energy at $123.97 -- and an extra $145 million in revenue for PG&E.

    Natural gas is more expensive this year, and PG&E buys electricity from power plants that burn natural gas, according to the Chronicle.

    Utilities in California are allowed to pass on such price increases to customers, the newspaper reported.