Plates at our planet s surface move because of the intense heat in the Earth s core that causes molten rock in the mantle layer to move. It moves in a pattern called a convection cell that forms when warm material rises, cools, and eventually sink down. As the cooled material sinks down, it is warmed and rises again.
PG&E on Wednesday did not offer a specific figure for how much the switch to renewable power would boost electricity rates in 2015. But in the past, the utility has said that rates will rise 1 percent to 2 percent each year as a result.
PGE increased the rate of residential power by roughly $.01 in tier 4,5. These are the old rates from Jan 1st-April 30th 2013. These are the new rates as of May 1st 2013. The weighted increase across all tiers would be $.00328 which would equate to $944,640 daily or $344,743,600 annually, wahoo for shareholders of PGE! This has been happening for decades, however the rate payers of PGE now have a solution to their increasing electric bills.