California Regulators Approve New Electricity Rate Structure to Lower Bills Amid Soaring Rate Increases

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Written By Alejandra Cruz

Source: Lake County News   |  By Lake County News Report

The California Public Utilities Commission on Thursday approved a restructuring of electricity rates aimed at cutting bills for lower-income households and incentivizing the adoption of climate-friendly electric vehicles and heating systems.

“With temperatures soaring into the 80s and 90s this week, we are reminded of the importance of affordable electricity for Californians. Households shouldn't face financial strain just to stay cool during hotter days, especially those residing in Inland regions. By lowering the price of electricity for all and incorporating an income-graduated component, the CPUC is modernizing its approach and taking an important step to ensure electricity is affordable for all,” said Sylvie Ashford, energy and climate policy analyst, for The Utility Reform Network, or TURN.

 
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Alejandra Cruz
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