It’s the New Year and homeowners in PG+E territory are feeling a squeeze with higher than expected rates showing up on their monthly energy bills. Time of Use rates have changed with both PG+E as well as SMUD but what PG+E customers are not aware of is that even if they have Solar installed on their homes, gas rates are also going up. Might be a good time to invest in an electric water heater?
There is speculation on why some homeowners have seen their bills triple recently. PG+E says the gas rates went up 13 percent in August and electrical has a 1.4 percent hike as of January 1st, 2017. Also, cool rainy weather has attributed to above norm conditions for Californian’s to heat their homes. Another source says that there has been 62 gas leak ruptures in distribution lines in East Folsom and that the costs to repair them is the reason for the gas hike.
If you live in the Sacramento area, spend more than $150 a month average for electricity and have PG+E as your Utility provider, going solar now will save you money in the long run.
See SMUD rate comparison chart-
SacBee- "Northern California customers fume as PG+E bills soar"
To learn more about time of use Utility structure and receive a free consultation,
contact Four Phase Energy . or