California is changing how big power companies charge for electricity. What to expect on your bill

  • 📰 latimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 82%

Business News News

Business Business Latest News,Business Business Headlines

State regulators have decided to let investor-owned utilities impose a new flat fee on your electric bill and decrease the usage charges. But customers who typically use less energy might see an increase in their bill.

The dreariness of 'May gray' hangs in the air, but soon enough people will be turning on their fans to fend off the heat. And as the temperature rises, so will electric bills. As early as next year, though, the increase won't be so pronounced for customers of Southern California Edison, San Diego Gas & Electric and Pacific Gas & Electric. At least, that's the goal of a new approach to electricity rates adopted by the California Public Utilities Commission.

' The flat rate has been criticized by lawmakers and leaders of the Stop the Big Utility Tax coalition, who say fee will hurt customers who live in small homes and use less electricity. Customers who use a comparatively large amount of electricity every month will see the most benefits. 'These include customers that live in hotter climate zones that use electricity for air conditioning, households with many residents and electric car owners,' Flannelly said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines