
California Considers Income-Based Electric Bills
California's three largest power companies have submitted a joint proposal to the Public Utilities Commission outlining a fixed rate restructuring that would be based on one's income. The plan would break down monthly bills into the fixed rate plus a reduced usage charge based on consumption. The fixed-rate proposal is part of the companies' compliance with Assembly Bill 205 passed last year, which requires utilities companies implement these fixed-rate plans. The California Public Utilities Commission would have to approve the proposal and make a final decision by mid-2024.

