PGE rate Hikes

Do you have any questions about residential solar?
Contact Solar Joey 24/7 about getting setup and solar lease financing.
Feel free to get started today with a solar energy quote.

For those who are “paying” attention to the small inserts in their Pacific Gas and Electric bill, the rate for residential electricity has gone up again.

PGE rate Hikes

No surprise as this has been happening for the past 30 years. Based on my calculations I have seen the price of electricity go up on average 6% per year. Some years it has gone down, some years it has spiked, but on average 6% has been seen.

The brunt of the rate increases happen in tier 3,4,5 to penalize the heavy electricity users and in theory promote conservation.  Now there hasnt always been a tier structure. Before the Partial deregulation there was only a baseline and above baseline. Take a chance to educate yourself on that fyasco

The Smartest Guys in the Room

Here is a quick breakdown of what has happen over the past decade

tier charts

As you can see tier 1,2 have stayed relatively flat, but tier 3,4,5 have gone up significantly, perhaps even higher than 6% per year, yikes!

As of May 1st, PG&E strikes again, the rates have gone up for electricity for residential users. It seems very marginal because it is only $.01 in tiers 4,5 per kWh, but that adds up. Please follow along:

Lets assume that the State of California’s given load 30,000 mWh on average, thus in one day California consumes 720,000 mW (assumed to be all residential). PGE is the largest (IOU) utility in California. PGE requires roughly 40% of the power demand.

PGE increased the rate of residential power by roughly $.01 in tier 4,5.

Old Rates PGE

These are the old rates from Jan 1st-April 30th 2013

New PGE rates 5-13

These are the new rates as of May 1st 2013

The weighted increase across all tiers would be $.00328 which would equate to $944,640 daily or $344,743,600 annually, wahoo for shareholders of PGE!

This has been happening for decades, however the rate payers of PGE now have a solution to their  increasing electric bills.

American Solar Direct offers a fixed cost power solution. ASD has a program called “solar made Simple” whereas they give homeowners the ability to generate their own power at a fixed cost off their roof at a price that is generally less then what PG&E is selling it to them now and it doesn’t cost them anything they are not already spending with PG&E today. You simply redirect a portion of the money you are already spending with PG&E into a fixed rate monthly solar investment which allows you to potentially save money out of the gate. It is an unprecended oppertunity to get out from underneath the Investor Owned Utility and the never ending rate hikes.

If you are interested in finding out how much your roof is worth , please feel free to contact me Direct at the link below. I will contact you within 24 hours and set up a time to go over the economics that apply to your roof top. You may qualify for a free solar electric system for your home

Free Quote click here

, ,

Comments are closed.