"Utilities consider fixed-rate billing based on income for customers"

1 min read
Source: CBS Los Angeles
"Utilities consider fixed-rate billing based on income for customers"
Photo: CBS Los Angeles
TL;DR Summary

California's three largest utility companies, PG&E, Southern California Edison, and San Diego Gas & Electric, have proposed a fixed-rate plan for residential customers based on income levels to help stabilize rates and make bills more affordable. The plan would reduce monthly bills for low-income customers and could cost as little as $15 a month for low-income households and up to $85 more per month for households making more than $180,000 a year. The California Public Utilities Commission would have to approve the proposal, and if it does, changes to bills could be seen as soon as 2025.

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