(FOX40.COM) —Electric rates for all Pacific Gas and Electric Company residential customers have decreased by 2.1%. • Video above: Outraged lawmakers amid PG&E proposed rate hike request

According to PG&E communications, residential customers who use 500 kilowatt hours a month and don't receive discounts will have their monthly bills decrease by about $5. On top of the decrease, residential electric customers will get $58.25 credit from the California Climate Credit during their October billing cycle.

PG&E spokesperson said the company is working on stabilizing electric prices through company-wide savings programs to allow the price to be lower.

Over the past 15 months, PG&E officials said the rates have dropped three times, which offset increases over time, with rates expected to go dow

See Full Page