Regulators Approve Fixed Rates for Utility Bills
Source: Silicon Valley Sun | By Reid Stone
Changes are coming to how some California power companies calculate bills. The decision by the California Public Utilities Commission (CPUC) on Thursday will make it cheaper for people in the summer but increase prices for people who use less energy.
Sylvie Ashford, an Energy and Climate Policy Analyst with The Utility Reform Network, applauded the move. “With temperatures soaring into the 80s and 90s this week, we are reminded of the importance of affordable electricity for Californians,” Ashford said. “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.”