SoCalGas seeks approval from Public Utilities Commission to raise customers' rates in 2024
If approved by the California Public Utilities Commission, average bills could go up by about $8 dollars a month.
"The average residential monthly bill using 36 therms per month would increase by approximately $8.62 per month in 2024," if the utility's request is approved by the California Public Utilities Commission, according to a SoCalGas fact sheet. "Individual customer bills may vary." The proposed increases are for fixed costs - including upgrading infrastructure and retaining staff -- and are not the same as recent increases that were due to a spike in wholesale natural gas prices, the utility said."As a regulated utility, SoCalGas does not make a profit from customers' consumption of natural gas," the company fact sheet noted.
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