Monthly electricity bills will rise 8.5 percent, increasing $7.58 from the previous $89.56 to a new average of $97.14, PG&E said. . . More increases could be in the works, however.
The economic boom is leaving behind workers in California who lost their jobs in manufacturing and construction during the Great Recession and won’t ever regain those vanished positions, and the Bay Area is at the forefront of the upheaval in those and other sectors, according to a reported released Wednesday.
Bay Area single family home prices continued a skyward climb in May, reaching their highest level in more than five years, according to a report Thursday. Median sales prices in the sizzling market were given an upward nudge in the East Bay, Peninsula and South Bay by multiple offers for a scant supply of houses for sale and by a change in the market mix to favor higher-priced homes, said real estate information company DataQuick.