It's a bit more nuanced than that (and PG&E deliberately makes their bills difficult to read). In Oakland for the baseline tier on the time of use plan:

Peak is $0.51536 (delivery) - $0.10556 (baseline credit) + $0.16225 (generation via East Bay Community Energy / Ava) or just over of $0.57 per kWh.

Off-peak is $0.48701 - $0.10556 - $0.13772 or just shy of $0.52/kWh.

Add that baseline credit back in for when you reach tier 2 (currently 12.9 kWh/day for my apartment which factors in winter usage and electric heat). I have about 3.5 kW of baseboard heaters (and use 2.75 kW at most). Whatever the duty cycle is to keep the apartment at 60°F 24x7 is well more than 12.9 kWh so obviously I don't do that anymore. Rates are set to go up again in March or April.

Gas is $2.43888/therm with tier 2 kicking in at 6.72 therms/month and minimum charge of $0.13151/day.