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California Public Utilities Commission Approves Another PG&E Rate Hike

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YouTube, @NBC Bay Area.

PG&E customers should expect to pay more on their bills as soon as next month. The California Public Utilities Commission has approved a rate hike that the company says is needed to pay for safety upgrades it made two years ago.

PG&E customers should expect to see a four to six dollar increase on their monthly bills, amounting to about 50 extra dollars this year for the average customer.

It follows another 13 percent rate hike, approved in January, which raised the average bill by about 34 dollars per month.

This comes after PG&E made more than two-billion-dollars in profits last year.