Business
PG&E to Lower Electric Prices on Jan. 1, Fourth Decrease in Two Years
Pacific Gas and Electric Company (PG&E) will cut electric rates for the fourth time in two years on January 1, 2026. Natural gas rates also are going down.
About this update from Pacific Gas & Electric Co.
[{"type":"text","content":"Company Delivers on Promise to Stabilize Energy Prices for Customers","length":68,"tagName":"p","attribs":{}},{"type":"text","content":"OAKLAND, Calif., Dec. 30, 2025 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) will cut electric rates for the fourth time in two years on January 1, 2026. Natural gas rates also are going down.","length":206,"tagName":"p"},{"type":"text","content":"Combined with previous decreases, residential electric rates will be 11% lower than in January 2024, reinforcing the company's commitment to manage energy costs for customers. Since January 2024, typical residential electric customers will pay about $20 less on their monthly bill.","length":285,"tagName":"p"},{"type":"text","content":""We know how important stable and predictable bills are for families and businesses. That's why we are lowering rates, even as national prices are expected to rise. Our actions match our promises: we've reduced electric rates multiple times since 2024, and we remain committed to finding new ways to save and pass those savings on to our customers," said Patti Poppe, Pacific Gas and Electric Corporation CEO.","length":427,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":117,"url":"https://media.zenfs.com/en/prnewswire.com/fb6c6aa240b11eb9102410fa90037764"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/AwoiehcDLH8Oax7F4al.tw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIwNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/fb6c6aa240b11eb9102410fa90037764","width":400,"height":117}},"href":"https://mma.prnewswire.com/media/2852953/Pacific_Gas_and_Electric_Typical_Bill.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"PG&E's electric prices have stabilized and are going down, even while the U.S. Energy Information Administration is forecasting national electric prices to increase by nearly 10% between 2024 and 2026.","length":209,"tagName":"p"},{"type":"text","content":"Electric Rate Decrease","length":22,"tagName":"p"},{"type":"text","content":"On January 1, 2026, residential electric rates will decrease about 5% for customers who get both electricity supply and delivery service from PG&E, compared to current rates. For customers who receiv...