Pacific Gas and Electric Company revealed plans to add 1.8 gigawatts of new power generation capacity before 2030, which is expected to reduce rate levels by 1% to 2%.

This forecast was disclosed during the company’s latest conference call. The company emphasized that the grid connection of additional capacity will optimize its energy structure and achieve cost control through economies of scale and technology upgrades. As the proportion of renewable energy increases, improvements in operational efficiency will become a key driver in reducing user electricity costs.