PG&E’s “Final Decision” Rates, Part 1: Residential Rates

Pacific Gas & Electric (PG&E) has started implementing their new Time-of-use (TOU) rates as part of their 2017 General Rate Case (GRC). In part 1 of this blog we’re going to focus on the key changes PG&E is making to their residential rates, and the implication it has on solar and storage project economics. Given that PG&E is the largest utility territory in the United States, with over 5.5 million electric customers served, their rate design changes set an important precedent nationwide.