PG&E Encourages Customers to Switch Rate Plans for Potential Savings

Pacific Gas and Electric Company (PCG) is encouraging customers to switch to their lowest-cost rate plan using the Rate Comparison tool. Fresno County households can save up to $1,000 annually by switching, with no additional electric rate increases expected for the remainder of 2025. PG&E offers several assistance programs, including the CARE and FERA programs, and recommends customers consider switching to a time-of-use rate for additional savings.

Pacific Gas and Electric Company (PG&E) is urging its customers to review their energy rate plans to potentially lower their bills. The utility company has introduced a Rate Comparison tool that allows customers to find their lowest-cost rate plan without changing their energy usage patterns [1].

According to Vincent Davis, PG&E's senior vice president of customer experience, switching to the lowest-cost rate plan is straightforward and can lead to significant savings. The company forecasts no additional electric rate increases for the rest of 2025, with residential combined gas and electric bills expected to remain flat or decrease in 2026 [1].

A recent analysis of residential customer accounts in Fresno County, one of the hottest climates in PG&E's service area, revealed that over 24,800 households could save a total of $13.4 million annually by switching to their lowest-cost rate. Most customers could save more than $300 per year, with some potentially saving up to $1,000 [1].

PG&E also provides other no- and low-cost tools to help customers manage their energy use and bills. These include Budget Billing, Home Energy Checkup, HomeIntel, and Savings Finder. Additionally, customers who are struggling to pay their energy bills may qualify for financial assistance programs such as the CARE and FERA programs [1].

To maximize savings, PG&E recommends considering a time-of-use rate, which charges different rates based on the time of day, week, and season. By shifting some energy use to off-peak hours, customers can further reduce their energy costs [1].

References:
[1] https://investor.pgecorp.com/news-events/press-releases/press-release-details/2025/Compare-and-Save-Switching-Rate-Plan-May-Lower-PGE-Customers-Bills/default.aspx
[2] https://www.marketscreener.com/quote/stock/PG-E-CORPORATION-13946/news/Compare-and-Save-Switching-Rate-Plan-May-Lower-PG-E-Customers-Bills-50472292/