Solar Savings in California
California homeowners pay the highest electricity rates in the continental United States, and those rates keep climbing. HONU HOME locks in a lower rate from day one.
Why California Homeowners Are Going Solar
Record rate hikes, wildfire costs, and new billing structures are pushing Californians toward energy independence.
Wildfire Cost Pass-Throughs
PG&E's 2019 bankruptcy triggered by $30B+ in wildfire liabilities has been passed directly to ratepayers. PG&E raised rates 22.6% in 2023 alone -- the largest single-year increase in its history. Customers are paying for decades of underinvestment in grid maintenance.
Compounding Annual Increases
California residential electricity rates have risen roughly 50% over the past five years, far outpacing inflation. SDG&E customers now pay the highest rates in the entire nation, with average bills exceeding $250/month. Every year without solar means paying more.
NEM 3.0 & New Fixed Charges
California's shift to NEM 3.0 and the introduction of income-graduated fixed charges are fundamentally changing how Californians pay for electricity. A PPA lets you lock in predictable solar pricing without the complexity of managing export credits.
A History of Rate Hikes
California utilities have raised rates year after year. Here is the timeline.
PG&E filed for bankruptcy due to wildfire liabilities exceeding $30 billion, leading to rate increases to cover costs.
SDG&E raised rates to fund wildfire mitigation and grid hardening programs across San Diego County.
PG&E increased rates 8% to fund wildfire prevention, vegetation management, and undergrounding power lines.
Southern California Edison raised rates 9.2% for wildfire risk reduction and grid modernization investments.
CPUC approved PG&E rate increase of nearly 10% to cover infrastructure upgrades and wildfire fund contributions.
SDG&E customers saw 14.3% rate hike, pushing average bills over $200/month and making SDG&E the most expensive utility in the US.
PG&E raised rates 22.6% in a single year, the largest increase in the utility's history, to cover wildfire costs and infrastructure.
SCE raised rates 12.5% citing wildfire liability insurance costs and grid reliability investments.
SDG&E customers faced another 6% increase on top of already-record rates, with average residential bills exceeding $250/month.
CPUC approved additional PG&E rate increase for continued wildfire hardening and clean energy procurement.
PG&E vs. HONU HOME Over 25 Years
See how a HONU HOME PPA keeps your rate low while utility rates compound year after year.
California Energy News
Real reporting on why California electricity rates keep rising.
See what you'd save in California
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