PG&E cuts residential electric rates 1.8% in March 2026

Reuters03-03

PG&E cuts residential electric rates 1.8% in March 2026

PG&E 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 cut since September. The company said combined decreases have brought residential bundled electric rates 13% below January 2024 levels, and that typical residential electric bills are about $25 per month lower assuming 500 kWh of monthly use; the March change is expected to reduce a typical bill by about $5.14 per month, or about $10.37 per month for CARE customers. PG&E also reported natural gas rates increased 0.3% versus February, raising a typical residential gas bill by about $0.24 per month, or about $0.16 per month for a typical CARE customer. PG&E said it expects typical residential electric rates to be lower overall in 2026 than in 2025.

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. PG&E Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603021330PR_NEWS_USPR_____SF99335) on March 02, 2026, and is solely responsible for the information contained therein.

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