PG&E bills might hop higher due to fed’s $15 billion loan guarantee

PG&E bills might hop higher due to fed’s $15 billion loan guarantee

2 weeks ago
Anonymous $Uu1e96lHBL

https://www.siliconvalley.com/2024/12/17/pge-bill-energy-natural-gas-electric-power-fire-consumer-economy/

OAKLAND — PG&E claims a record-setting $15 billion federal loan guarantee will help customers save money on an array of critical projects — but multiple advocacy groups warn the utility’s ratepayers may face higher bills.

The U.S. Energy Department Loan Program Office has disclosed a decision to provide a $15 billion loan guarantee to PG&E for an array of projects, including upgrades to power lines and hydroelectric systems.

PG&E bills might hop higher due to fed’s $15 billion loan guarantee

Tue Dec 17, 9:30pm UTC
https://www.siliconvalley.com/2024/12/17/pge-bill-energy-natural-gas-electric-power-fire-consumer-economy/ > OAKLAND — PG&E claims a record-setting $15 billion federal loan guarantee will help customers save money on an array of critical projects — but multiple advocacy groups warn the utility’s ratepayers may face higher bills. > The U.S. Energy Department Loan Program Office has disclosed a decision to provide a $15 billion loan guarantee to PG&E for an array of projects, including upgrades to power lines and hydroelectric systems.