I looked at my most recent PG&E gas bill. Electricity costs me about $0.35/kWh. Gas costs about $2/therm (which a quick internet search says is equivalent to $0.07/kWh).
How will switching from gas to electricity ‘lower utility bills for consumers’?
In many parts of the world, gas prices are going through the roof. Mostly because prices in Europe are over the moon and EU countries are buying every last wisp of gas on the international market (and thus driving prices up there too) .
Do you have a fixed contract or so? How have you managed to avoid noticing so far?
The current PG&E tariff information is here: https://www.pge.com/tariffs/Res_Current.xlsx
If gas prices haven't gone up yet where you live, that's pretty awesome for you in some ways. But don't take it for granted. Enjoy it while it lasts, and maybe use the time to get a good price on replacements.
What the current push against consumer access to natural gas ignores is that there is a lot of natural gas produced as a byproduct of producing other oil drilling products, and if not consumed for useful purposes it just gets burned off into the atmosphere directly.
It turns out that the USA hasn't felt the current natural gas situation as much because it's a major natural gas exporter itself, and likely maintains large strategic reserves besides.
Still, even in the US, at very least the price on the futures market has roughly doubled if we take say 2019/2020 as the baseline. [2]
[1] In eg Netherlands and Germany the majority of homes use natural gas for heating. Due to a combination of Covid instabilities and the Ukraine war, consumer gas prices have reached record highs. Different sources quote different ratios [3] but I could pin one source down on claiming a factor of 5* compared to a couple of years ago.
[2] https://tradingeconomics.com/commodity/natural-gas.
[3] Depending on if you factor in government compensation, whether it's a projection or a spot price, etc. And I can understand people wanting to hedge their reporting a bit, because the numbers are a little crazy right now.