After three months of higher-than-normal natural gas market prices driving up energy bills, Pacific Gas and Electric Company (PG&E) customers can expect, on average, a 75% decline in their March natural gas bills.
The decrease is due in part to PG&E distributing the state’s April Climate Credit one month earlier than in previous years.
Even without the Climate Credit, March natural gas bills, on average, would decrease 40% because of a significant drop in the market prices PG&E pays to buy natural gas to serve its customers, and customers using less gas as colder temperatures moderate.
The estimated decrease, which is for natural gas usage in March, is based on customers using 38 therms (a unit of energy) compared to 50 therms in February. Depending on billing cycle, customers may not receive statements for March usage until April.
13 comments
And those “therms” are British…here’s for the people that don’t understand the concept of British thermal units..…
“A British thermal unit (Btu) is a measure of the heat content of fuels or energy sources. It is the quantity of heat required to raise the temperature of one pound of liquid water by 1 degree Fahrenheit at the temperature that water has its greatest density (approximately 39 degrees Fahrenheit)”….for inquiring minds.
I’m pretty frugal with the utilities; ok… I’m a cheapskate.
So, this and the upcoming climate credit, I should see a negative balance on my bill.
I know the climate money is my tax dollar to begin with, but will nice to have no bill the following month(s).
has happened before…
😁
I’ll believe it when I see it.
That’s all bull crap they ripped us of now they want to be heroes.It’s time to put a leash on these criminals.Not likely though the PUC is in bed with them.Next will be the electricity when we have hot weather.
I call bullsh-t because when summer rolls around and all the lawsuits against PG&E come forward and settlements against them are confirmed and they are again held responsible. Gavin Newsom will allow them to raise rates BECAUSE AS ALWAYS we get to pay for their negligence every F–KIN time there is a negligence award against them which is why our energy bills continue to go up on top of price gouging and complete incompetentcy! PG&E you are sh-t you always will be sh-t and you continue to screw us every year for your failures because this crooked as state allows you to put those monetary penalties back on those that are stuck with your sorry asses!!!!!!
Public outrage is a powerful thing. And like a miracle, rates plummet.
It is literally mostly that people are going to be using less gas, as it is warming up. PG&E wouldn’t actually do something out of the goodness of their hearts.
I too will believe it when I see it…. Our bill is up $200 more the past two months 🤬🤬
Thank you for the update Claycord.
…. no I don’t want to buy a bridge either….
We live in unsettled times. Thanks China, Thanks Joe.
The Dirty Little Secret is while our Gas rates went up, in the rest of the country the rates were going down as more gas was available then earlier in the year. Some smells rotten in Sacramento.
Climate credits are a regressive tax just like everything else this government does in the name of virtue.
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