Clean Power SF promises stable rates amid PG&E's projected 13% increase

In the heart of San Francisco's City Hall, a pivotal discussion unfolded as city officials addressed the future of energy rates for residents. The meeting, held on March 21, 2025, highlighted the stark contrast between the city's Clean Power SF program and the traditional utility provider, PG&E.

Officials revealed that PG&E is projected to increase its generation rates by as much as 13% by January 1, a move that could significantly impact households across the city. In contrast, Clean Power SF aims to maintain rate stability, offering residents predictable energy costs without mid-year hikes. This commitment to stability is particularly crucial for vulnerable populations, including seniors and low-income families, who often struggle with fluctuating expenses.

Commissioner Sevier emphasized the importance of this stability, noting that it allows San Franciscans to better manage their household budgets. "If you can predict what your costs are every year, that's a huge benefit," she remarked, acknowledging the hard work behind the scenes to ensure that the Public Utilities Commission (PUC) can deliver on this promise.

The conversation also touched on broader global issues affecting energy procurement, including ongoing supply chain challenges and geopolitical tensions, such as the situation in Ukraine. These factors contribute to uncertainty in power costs, making it essential for the city to communicate effectively with residents about potential changes in the energy landscape.

Officials reassured attendees that Clean Power SF is currently benefiting from well-priced long-term power purchase agreements, which provide a solid foundation for stability. However, they acknowledged that short-term power purchases, necessary to meet fluctuating demand, introduce a level of unpredictability.

As the meeting concluded, the commitment to providing affordable and stable energy for all San Franciscans remained clear. The city's proactive approach to energy management not only aims to shield residents from the volatility of the market but also reinforces the value of local public utilities in fostering community resilience.