San Francisco Public Utilities Commission Approves Electricity Rates with No Increase for 98% of Customers
Public Power Current
The San Francisco Public Utilities Commission approved annual rates for its two power services, with no change for over 380,000 CleanPowerSF electricity customers — representing 98% of all customers — and a 10 percent increase for approximately 6,300 Hetch Hetchy Power municipal, commercial, and residential customers.
Even with the 10 percent increase, Hetch Hetchy Power rates remain the lowest electricity rates in San Francisco. The new rates for Hetch Hetchy Power customers take effect on July 1, 2025, SFPUC said on April 8.
“While other power providers prioritize profits for their shareholders, CleanPowerSF is well-positioned to meet current needs and hold rates steady in 2025 thanks to ample reserves,” said Dennis Herrera, SFPUC General Manager. “We’re able to keep rates affordable because we’re a not-for-profit public utility. San Francisco doesn’t pay shareholder dividends, corporate taxes, or executive bonuses. We reinvest revenues back into the system. That’s why we want to buy PG&E’s electrical grid in San Francisco and expand public power so that all residents and businesses can benefit from the clean, affordable, and reliable electricity we provide.”
Read more here: San Francisco Public Utilities Commission Approves Electricity Rates with No Increase for 98% of Customers | American Public Power Association
