PG&E Customers to Receive Over $55 Million in Bill Credits Through New Incentive Program
On February 15, 2023, Pacific Gas and Electric Company (PG&E) announced its Power Saver Rewards Program, which will provide over $55 million in bill credits to customers for reducing energy use during peak demand. This initiative, a response to high natural gas prices, successfully prevented power outages during extreme temperatures in summer 2022. More than 1.6 million customers are currently enrolled, receiving an average credit of $35 for participation. Customers earn $2 per kilowatt hour (kWh) for decreasing energy usage, with no penalties for non-participation.
- Over $55 million in bill credits for customers, enhancing customer loyalty.
- More than 1.6 million customers enrolled, indicating strong participation.
- Successful energy conservation efforts prevented power outages during peak demand.
- None.
Participating Customers Rewarded for Reducing Energy Use and Strain on the Grid Last Summer
Power Saver Rewards Program rewards residential participants for temporarily reducing energy use when the demand for electricity is high. Event days are triggered by the state's grid operator, the
Currently more than 1.6 million customers are enrolled in the program. Customers who reduced energy use
"This new program is a win-win for our customers and the response was overwhelming. The financial reward for taking action not only lessened the demand on the grid, but it also ensured continued reliability and cleaner air," said
The program, initiated by the
It's easy to enroll and get rewarded for reducing energy use next summer. Plan ahead by visiting powersaver.pge.com to learn more and sign up.
About
1 A kWh is a measure of how much electricity is used. One kWh equals the amount of energy consumed if a 1,000-watt appliance is used for an hour. |
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FAQ
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