Letters: Recent drop in PG&E bills doesn’t put a dent in increases

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Re: “PG&E monthly bills begin to fall” (Page B1, Sept. 3).

California electricity ratepayers are relieved to hear that electricity rates are finally coming down. However, a modest reduction of 2% is hardly enough to make up for recent rate increases of 41% over the past three years. The CPUC-sanctioned rate increases are largely due to overspending on grid transmission lines, which is the most profitable part of the investor-owned utility business.

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