As part of a statewide effort to create a cleaner energy future, PG&E will transition approximately 2.5 million eligible residential electric customers to a new rate plan between April 2021 and March 2022. The Time-of-Use (Peak Pricing 4-9 p.m. Every Day) rate plan features lower prices for electricity for PG&E customers 19 hours a day and higher prices from 4-9 p.m., seven days a week. Prices decrease when demand is lower and renewable energy is more readily available. Customers can opt-out of Time-of-Use and choose another rate plan at any time.
The State of California is requiring all investor-owned utilities to automatically transition customers to the Time-of-Use rate plan. The plan supports using cleaner energy sources to reflect California’s focus to fight climate change. Prices are lower on your new rate plan for 19 hours a day because that is when demand is lower and renewable resources, like solar power, are most plentiful. Changing when you use some electricity will help California make progress toward its clean energy goals.
Customers who automatically transition to the Time-of-Use rate plan will receive risk-free Bill Protection for the first 12 months. If a customer pays more on the Time-of-Use (Peak Pricing 4-9 p.m. Every Day) rate plan than they would have on the Tiered rate plan, PG&E will automatically credit the customer the difference. To learn more about how customers can try the Time-of-Use rate plan risk-free, visit pge.com/toutransition.