Broader Benefits: PG&E Increases Energy Bill Assistance and Expands REACH Program to Help More Customers
Rhea-AI Summary
PG&E has expanded its REACH program to provide greater financial assistance to customers with past-due energy bills. Key changes include:
1. Increasing the maximum bill credit from $1,000 to $2,000
2. Raising income limits to qualify more customers
3. Removing the $2,000 cap on past-due balances
4. Allowing customers on payment plans to participate
PG&E expects these changes to benefit approximately 65,000 more customers. Since January, the company has provided over $17.2 million in assistance to more than 25,000 income-eligible customers through REACH and REACH Triple Match. Additionally, PG&E contributed $55 million to the nonprofit Dollar Energy Fund to further support the REACH program.
Positive
- Increased maximum bill credit from $1,000 to $2,000 for REACH and REACH Triple Match programs
- Expanded income eligibility limits to include more customers
- Removed $2,000 cap on past-due balances, allowing more customers to qualify
- Provided $17.2 million in financial assistance to over 25,000 customers since January
- Contributed $55 million to Dollar Energy Fund to support REACH program expansion
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, PCG gained 0.50%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
More Qualifying Customers Can Receive Up to a
"We want to ensure more customers have the support they need to get their energy bills back on track," said Vincent Davis, PG&E Senior Vice President, Customer Experience. "With a more robust bill credit and broader income eligibility, we can provide greater financial relief to the households that need it most."
"I understand the hardship currently affecting so many residents who are struggling to pay their bills,"
Based on recent customer data, PG&E anticipates approximately 65,000 more customers can qualify for REACH and REACH Triple Match assistance under the new guidelines. Since January, more than 3,500 applications have been approved in
"Many Fresno residents are already struggling with overdue energy bills and cannot make timely payments. The REACH program offers crucial relief, ensuring that families in some of the highest poverty areas in the nation can stay cool and safe without sacrificing their basic needs," said
PG&E has provided more than
Expanded Benefits & How to Apply
- Bill Credit Doubled: The maximum customer bill credit that can be applied to a past-due balance has increased from
to$1,000 for REACH and REACH Triple Match (total not higher than customer's past due amount).$2,000 - Increased Income Limit: A larger pool of income-eligible customers now qualifies for REACH Triple Match, which provides a 3-to-1 match on customer payments of
or more to further reduce an unpaid balance. For example, a family of four making up to$50 /year could qualify for assistance.$156,000 - Income limits for REACH and REACH Triple Match are set at different thresholds and both use federal income guidelines.
- Past-due Balance Amount: Qualifying customers can now participate in the program regardless of their past due balance, which was previously capped at
, and customers on a payment plan are also now eligible.$2,000 - Additional Benefits Available for 2024 Recipients: Qualifying customers who already participated in REACH or REACH Triple Match will be offered the opportunity to participate a second time under the new guidelines, with up to a
total benefit available for 2024.$2,000
The revised criteria are aimed at helping more customers address high past-due amounts, especially over the hot summer months when energy usage typically peaks. Information on how to apply is online here.
Dollar Energy Fund
PG&E recently contributed
DEF, a nonprofit entity, administers the funding for the REACH program, operating 170 offices across Northern and
Other Income-Eligible Assistance Programs
PG&E has other assistance programs to help income-eligible customers pay their energy bills:
- California Alternate Rates for Energy: provides a monthly discount of
20% or more on gas and electricity bills. New federal income eligibility guidelines apply. - Family Electric Rate Assistance (FERA): provides a monthly discount of
18% on electricity for households of three or more people. New federal income eligibility guidelines apply. - Energy Savings Assistance (ESA): provides energy-savings improvements at no charge. New federal income eligibility guidelines apply.
- Low Income Energy Assistance Program (LIHEAP): a federally funded assistance program overseen by the state that offers a one-time payment up to
on past due bills to help low-income households pay for heating or cooling in their homes.$1,000
Other programs include Medical Baseline, which offers a lower monthly rate for customers with certain medical conditions.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than sixteen million people across 70,000 square miles in Northern and
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SOURCE Pacific Gas and Electric Company