California Considers Income-Based Electricity Rates for Fairness

1 min read
Source: California Globe
California Considers Income-Based Electricity Rates for Fairness
Photo: California Globe
TL;DR Summary

California's three largest power companies have proposed an income-based utility billing system, where higher-income earners pay for more than they use, subsidizing the rates for lower-income customers. This proposal is part of the state's plan for an equitable energy transition. However, critics argue that this system punishes productive, hard-working, and successful people and goes against the idea of personal responsibility. The state has the highest electricity rates in the country, and the proposal aims to combat the high costs by linking California's electricity bills to customer incomes.

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