Thursday, March 5, 2009

Local Electricity Prices Rise Again

PG&E raised its rates substantially on March 1, 2009.

For the standard E-1 residential rate plan, the new rates are:
Tier 5... $.44/kwh (up 7.4%)
Tier 4... $.38/kwh (up 6.9%)
Tier 3... $.26/kwh (up 5.1%)
Tier 2... $.13/kwh (unchanged)
Tier 1... $.12/kwh (unchanged)

Tiny changes were made to the E-6 and E-7 time of use rate plans usedby most solar homeowners.

For small businesses on the A-1 rate plan, rates increased 7.2% to $.179/kwh. For larger businesses on the A-10 non-FTA rate plan, the rate went up a whopping 13.5% to $.158/kwh.

PG&E's complete rate history for the last 10+ years can be found online at http://www.pge.com/mybusiness/myaccount/rates/ (By the way, few utilities make historical rate information as easy to find as PG&E does.)

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