Pacific Gas and Electric Company said it lowered residential bundled electric rates by 1.8% on March 1, 2026 versus February, marking the fifth electric rate drop since January 2024 and the third consecutive decrease since last September. The company said residential bundled electric rates are 13% lower than in January 2024, and that typical residential electric bills are about $25 less per month based on 500 kilowatt-hours of monthly usage; the March decrease is expected to reduce a typical bill by about $5.14 per month. For customers enrolled in the CARE program, electric rates fell about 8.3% and typical bills are expected to decline by about $10.37 per month. PG&E also said natural gas rates increased 0.3% versus February, lifting a typical residential gas bill by about $0.24 per month, and by about $0.16 per month for a typical CARE customer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Gas and Electric Company published the original content used to generate this news brief on March 02, 2026, and is solely responsible for the information contained therein.