Palo Alto's utility plans project ongoing gas and electric rate increases due to fixed costs and decreased usage.
In Palo Alto's utility financial plans, gas and electric rate increases are projected to continue with no end in sight. Fixed costs need to be spread across less usage, contributing to the increases. Energy efficiency measures, such as insulation, LED lighting, and window shades, can save costs and be beneficial for those transitioning to electric. Gas use has decreased, as shown in the chart.
March 03, 2024
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