Lower Electricity Generation Rates Designed to Provide Rate Stability
We’re lowering our rates, so customers continue to pay about 10% less than PG&E’s rates for electricity generation.
We know that electricity bills are high across California—and many customers are confused about what’s driving those costs, which is understandable.
When rates change, it’s not always clear why bills look the way they do or which charges are within Peninsula Clean Energy’s control versus PG&E’s. Our goal is to be clear, straightforward, and focused on affordability wherever possible.
That’s why our Board of Directors approved a reduction in Peninsula Clean Energy’s electricity rates for 2026—continuing our commitment to keep costs lower for customers.
Community
Lower Electricity Generation Rates Designed to Provide Rate Stability
Because we’re locally governed and don’t have shareholders, we focus on long-term planning, stable rates, and low overhead. Savings go right back to our customers and the communities we serve.
The video above breaks it all down, including:
- How electricity generation fits into your overall energy bill
- Why our generation rates are lower than PG&E’s
- How small differences in rates add up to real savings over time
Customer Benefits
What does this mean for you?
PCE’s rates have averaged about 5-10% lower than PG&E’s for electric generation since 2016. Over time, that’s like getting one week of electricity for “free” each year. The average household has saved hundreds of dollars by staying with PCE.
You don’t have to sign up, switch plans, or change your service—these savings happen automatically just by being a PCE customer.
February Update
February rates: What’s changing?
On February 1, 2026, Peninsula Clean Energy is lowering its rates again. This action means customers continue to pay 10% less than they would to PG&E for electricity generation, even as overall energy costs remain high statewide.
The rate reduction is:
- Approved by PCE’s Board of Directors
- Part of the long-term rate strategy adopted in our budget
- Continuing a history of actions to protect customers and provide rate stability, including previous rate freezes and rate reductions
Important to know:
This change affects the electricity generation portion of your bill. Other PG&E charges—such as those for transmission and distribution—may still increase and are outside of PCE’s control.
What this means for your bill:
✔ Lower electricity generation rates from PCE
✔ The same delivery and outage response from PG&E
✔ Cleaner electricity at a lower cost than PG&E
Relief from High Bills
Bills still high? Help is available
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You have two choices for how much you want to pay for electricity. ECOplus is the cheapest; plus, it’s 100% clean and 50% from renewable sources. ECO100 costs 1 cent more per kWh and is 100% clean, 100% renewable, and carbon-free.
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ECOplus is the cheapest, 100% clean, and 50% from renewable sources
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ECO100 costs 1 cent more per kWh and is 100% clean, 100% renewable, and carbon-free.