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