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California power companies roll out fixed-rate bill proposal

by: Marc Sternfield

Editor’s Note: this article has been updated to include additional billing details.

If you earn more, you pay more.

That’s the basic idea behind sweeping changes proposed by California’s three largest power companies that will impact your electricity bill.

Southern California Edison, Pacific Gas & Electric, and San Diego Gas & Electric submitted a joint proposal to the state’s Public Utilities Commission last week that outlines the new rate structure. It follows last year’s passage of Assembly Bill 205 which requires a fixed rate and generally simpler power bills.

Under the proposal, households will see a fixed rate covering basic electricity services and the utility company’s operating costs on a scale based on their household income.

  • Households with annual income from $28,000 – $69,000 would pay $20 a month in Edison territory, $34 a month in SDG&E territory and $30 a month in PG&E territory.
  • Households earning from $69,000 – $180,000 would pay $51 a month in Edison and PG&E territories and $73 a month in SDG&E territory.
  • Those with incomes above $180,000 would pay $85 a month in Edison territory, $128 a month in SDG&E territory and $92 a month in PG&E territory…

READ FULL ARTICLE HERE…(ktla.com)

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