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‘Everyone is getting squeezed’: California electricity prices now second-highest in U.S.

Posted on AllSides May 2nd, 2024
From The Left

North Beach resident Serena Satyasai never thought much about her utility bill, but that was before February when California’s electricity prices rose to become the highest in the contiguous United States, according to the U.S. Energy Information Administration. Satyasai’s Pacific Gas and Electric bill jumped by about $100 compared to the same month last year. Like many of PG&E’s 5.5 million customers, she’s having to rescript her monthly budget around these rising costs. Propelled in large part by PG&E, which hiked residential electricity rates by 20% for about 16 million...

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