PG&E Proposes New $24 Monthly Fee to Lower Costs for Low-Income Customers, But Raise Costs for Some

• A new $24.15 monthly fixed fee for PG&E customers is being proposed to lower costs for low-income households, but increase costs for some higher-income customers • The fee is tied to a 2022 California law (AB 205) that required changes to make utility rates less regressive • The fee would apply to the 11 million customers of California's 3 major utility companies, with lower fees for low-income residents • Opponents say the fixed fee could raise overall energy costs for some, like those in small homes/apartments • If approved, the new fee structure could go into effect in 2025 or 2026