PG&E Calls for 'Green' Rate Increase
|Gee, Reddy, seven cents doesn't seem so bad to save the planet|
Wait a minute, how'd PG&E get in there? The 2006 act aims to reduce carbon monoxide emissions to 1990 levels by 2020, and pays for itself by charging a fee to companies that produce greenhouse gas emissions. As a gas and electric company, PG&E is all about producing greenhouse gas emissions. But they can take a "green" position on Prop. 23 because they're going to pass the costs of the 2006 measure on to you, the ratepayers.
|That's Greenie Kilowatt to you, sir!|
The oil companies backing Prop. 23, which would gut the 2006 initiative, have warned that cutting greenhouse gasses is costly and will kill California jobs.
Under PG&E's proposed new rate hike, PG&E ratepayers will be dinged an additional 0.0013 percent on their electricity bills and 0.1 percent on their gas. Given the average customer pays around $77 per month, that comes out to less than 8 cents per month we'll have to kick in for implementation of the state's anti-greenhouse gas law.
So, you pay a few pennies -- and PG&E gets to sit at the cool kids' table.