Get Ahead of Rate Increases
You’ve heard it time and time again – energy rates are increasing, and companies are getting hit hard by the burden of increased utility costs. While this isn’t news, what you should know is how much they’ve actually increased, and what it means for you. Let’s break it down.
The Numbers:
In 2022, PG&E’s Agricultural energy costs averaged $0.29 per kWh* – but that number has since spiked. Seeing a 25% increase, energy costs now sit at $0.37 per kWh in 2025. This surge is causing significant financial strain for California businesses.
In addition to higher energy rates, demand charges have surged at an even steeper rate. In 2022, the average demand costs were $7.33 per kW. Now, they’ve nearly doubled, with the average demand costs at $14.68 per kW. This has dramatically increased electricity expenses for operations that rely on high power demands or consistent usage throughout the day.
The Impact:
On a small scale, these differences may seem easy to write off, but they add up quickly. Businesses are now seeing damaging effects of skyrocketing energy bills and reduced profit margins. These rising costs are forcing many businesses to reconsider where they’re investing their money, pulling back from other growth opportunities or expansions.
What’s Next:
Although we expect to continue to see rate increases, our solar & storage solutions are a proven way to alleviate this burden. By utilizing battery storage and on-site solar power, you can strategically offset demand spikes and slash your monthly utility bill.
Plus, you can get your project started with no money down by utilizing a Power Purchase Agreement (PPA). We partner with passionate financing companies that make the process easy and affordable. They provide financing for the project, and you reap the benefits of immediate net savings. No risk, all reward.
Get Started:
Don’t let your business fall behind - it’s time to get ahead with solar & storage. At JKB Energy, we make it easy to get started. Give us a call at (209) 668-5303 to take your first step in beating these ever-increasing rates.
*Based on PG&E’s AG-B TOU Tariff