California · Investor Owned · investor

Pacific Gas & Electric Co. Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

39.62¢
Avg residential price / kWh
1.9M
Residential customers
+32.0%
vs California average
$2,377
Implied avg annual bill

Among 194 utilities with 100,000 or more residential customers, Pacific Gas & Electric Co. ranks #3 by average cents per kWh and #10 by residential customers. Pacific Gas & Electric Co. charged an average of 39.62¢ per kWh to residential customers in 2024 - far above the California average and far above the Form 861 US customer-weighted average.

San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. Pacific Gas & Electric Co. is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is far above the California customer-weighted average (+32.0%). Its customers used well below the national residential norm at about 5,999 kWh a year each.

  • San Diego Gas & Electric Co 43.63¢ · customers rank #90
  • Florida Power & Light Co 5,236,277 customers · price rank #122

Highest average rate is not the most customers

Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers

residential customers
  • FL size
    5,236,277
  • CA rate
    307,982

What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.

Source EIA Form 861 residential survey, latest release. Average cents per kWh and customer counts from the same rows; no tariff or bill is implied. As of 2024

EIA Form 861 utility filing desk

Release CA-2024 · Pacific Gas & Electric Co. WELL ABOVE STATE

Pacific Gas & Electric Co. · Form 861 2024 · WELL ABOVE STATE

  • RATE 39.62¢/kWh
  • RANK #37/39
  • VS-ST +32.0%
  • VS-US +131.5%
  • CUST 1.9M
  • BILL $2,377
  • OWN IOU
  • PHOTO HI 3.25¢
  • BOOK 10/194

Nearest Form 861 price peer: Hawaiian Electric Co Inc (HI) (+3.25¢ gap)

EIA Form 861 residential filing stamps for this utility record. Read with this utility → · California rates

Pacific Gas & Electric Co. in the Form 861 price neighbourhood

Average residential ¢/kWh among this utility and nearest indexable peers

¢/kWh
  • CT
    34
  • NY
    36
  • this util
    40
  • HI
    43
  • CA
    44

What this shows Pacific Gas & Electric Co. reports 39.62¢/kWh, corpus customer-rank 10 of 194.

Source EIA Form 861 residential survey As of 2024
F22/100

RateWatt cost context

How Pacific Gas & Electric Co. compares on reported cost context

A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in California; the state generation context is shown separately.

Price against state peers
5/100

39.62¢/kWh · median 20.67¢/kWh

Implied annual bill against state peers
8/100

$2,377/yr · median $1,642/yr

State renewable generation context
86/100

61.4% · median 22.8%

Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.

Rate comparison

How this price compares

Ranked by price against the 39 utilities reporting residential rates in California, Pacific Gas & Electric Co. comes 37th of 39. The state's range runs from Surprise Valley Electrification at 13.14¢ to San Diego Gas & Electric Co at 43.63¢, so where a household sits inside California depends far more on which utility serves it than on the statewide average alone.

Against the 5 other investor owned utilities reporting in California, whose customer-weighted average is 33.17¢, Pacific Gas & Electric Co. is above its own ownership class within the state (+19.4%).

State price distribution

Where Pacific Gas & Electric Co. sits among California utilities

2024 average residential price across the 39 utilities reporting a rate in California

39.62¢/kWh 5th affordability percentile More affordable than 5% of 38 other utilities

Pacific Gas & Electric Co.

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

Pacific Gas & Electric Co. average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
Pacific Gas & Electric Co. 39.62¢ -
California (customer-weighted, 39 utilities) 30.02¢ +32.0%
US Form 861 customer-weighted average (1.5K utilities) 17.11¢ +131.5%
Investor Owned customer-weighted US avg (183 utilities) 18.37¢ +115.7%

Rate against consumption: California utilities

Each dot is one of the 39 California utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Pacific Gas & Electric Co. is highlighted. In California the cheapest rate belongs to Surprise Valley Electrification (13.14¢) while the smallest implied annual bill belongs to City of Vernon ($670) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 39 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use 050100150 050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 39 California utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Pacific Gas & Electric Co. is highlighted. In California the cheapest rate belongs to Surprise Valley Electrification (13.14¢) while the smallest implied annual bill belongs to City of Vernon ($670) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

Territory and usage

Scale and consumption

Pacific Gas & Electric Co. reported 1.9M residential customers, ranking 2nd of 39 utilities in California by customers served and covering 20.3% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 5,999 kWh per customer per year - -10.3% against the California median of 6,688 kWh , implying a typical annual bill near $2,377.

State peers

Every utility reporting in California

All 39 utilities reporting bundled residential service in California, largest first, with Pacific Gas & Electric Co. marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in California, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Southern California Edison Co Investor Owned 3.2M 32.43¢
Pacific Gas & Electric Co. (this page) Investor Owned 1.9M 39.62¢
Los Angeles Department of Water & Power Municipal 1.4M 23.84¢
Sacramento Municipal Util Dist Political Subdivision 592.6K 17.87¢
Sunrun Inc. Behind the Meter 325.6K 25.86¢
San Diego Gas & Electric Co Investor Owned 308.0K 43.63¢
Tesla Inc. Behind the Meter 147.4K 18.56¢
Imperial Irrigation District Political Subdivision 142.1K 17.91¢
City of Anaheim - (CA) Municipal 105.8K 17.11¢
Modesto Irrigation District Political Subdivision 103.7K 21.78¢
City of Riverside - (CA) Municipal 100.5K 20.20¢
Turlock Irrigation District Political Subdivision 80.6K 16.34¢
City of Glendale - (CA) Municipal 77.6K 33.81¢
SunPower Capital, LLC Behind the Meter 71.5K 24.24¢
City of Roseville - (CA) Municipal 63.1K 18.66¢
City of Pasadena - (CA) Municipal 58.6K 25.98¢
Sunnova Behind the Meter 52.8K 27.55¢
City of Santa Clara - (CA) Municipal 50.9K 16.88¢
City of Burbank Water and Power Municipal 46.2K 19.25¢
Liberty Utilities Investor Owned 43.9K 25.92¢
City of Redding - (CA) Municipal 38.2K 17.85¢
PacifiCorp Investor Owned 36.3K 20.64¢
Alameda Municipal Power Municipal 33.2K 22.98¢
City of Palo Alto - (CA) Municipal 26.2K 20.67¢
Spruce Finance Behind the Meter 25.3K 19.18¢
City of Lodi - (CA) Municipal 23.8K 22.47¢
Bear Valley Electric Service Investor Owned 23.3K 30.67¢
City of Colton - (CA) Municipal 17.5K 24.85¢
City of Azusa Municipal 15.6K 19.08¢
EverBright, LLC Behind the Meter 11.5K 19.64¢
Merced Irrigation District Political Subdivision 11.4K 24.25¢
City of Moreno Valley - (CA) Municipal 7.9K 39.87¢
City of Shasta Lake - (CA) Municipal 4.3K 19.26¢
Surprise Valley Electrification Cooperative 2.8K 13.14¢
City & County of San Francisco Municipal 2.6K 24.05¢
City of Corona - (CA) Municipal 1.3K 15.50¢
Palmetto Solar, LLC Behind the Meter 248 24.23¢
City of Vernon Municipal 73 14.55¢
Valley Electric Assn, Inc Cooperative 12 19.10¢

For generation mix and price history statewide, see electricity rates in California.

Ownership class peers

Investor Owned utilities with similar residential prices

Beyond California, these indexable investor owned utilities report the closest residential averages to Pacific Gas & Electric Co. in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.

Same-ownership utilities outside California nearest in residential price
Utility State Customers Avg ¢/kWh
Hawaiian Electric Co Inc Hawaii 276.2K 42.87¢
Consolidated Edison Co-NY Inc New York 2.7M 35.66¢
United Illuminating Co Connecticut 256.3K 34.04¢
Massachusetts Electric Co Massachusetts 526.4K 33.60¢
NSTAR Electric Company Massachusetts 383.4K 29.91¢

FAQ

Common questions about Pacific Gas & Electric Co. rates

How much does Pacific Gas & Electric Co. charge per kWh?
Pacific Gas & Electric Co. reported an average residential price of 39.62¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
Is Pacific Gas & Electric Co. expensive compared with the rest of California?
Its average residential price is far above the California customer-weighted average of 30.02¢ per kWh, a difference of +32.0%. The state figure is weighted by customers across the 39 utilities reporting residential service in California.
What is the average electricity bill for Pacific Gas & Electric Co. customers?
Dividing reported residential sales by residential customers gives about 5,999 kWh per customer per year. At the reported average price that implies roughly $2,377 a year, or about $198 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns Pacific Gas & Electric Co.?
EIA classifies Pacific Gas & Electric Co. as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.

Limitations

What this page does and does not tell you

  • An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
  • Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology and why energy prices vary .

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.