PG&E transmission lines cross through mountain terrain in Mendocino County in Northern California on Dec. 19, 2024. Travis Gillmore/The Epoch TimesPacific Gas and Electric Company (PG&E) has cut electricity rates for homes covered by the company, effective Jan. 1, the fourth rate reduction over the past two years, the company said in a statement on Dec. 30.

“On January 1, 2026, residential electric rates will decrease about 5 percent for customers who get both electricity supply and delivery service from PG&E, compared to current rates,” it said.

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