Tag

Income Based

All articles tagged with #income based

business2 years ago

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.

business2 years ago

California Utility Companies Consider Income-Based Customer Charges

Three major utility companies in California have proposed a new billing structure that would charge customers based on their income. The plan would include a fixed-income rate and a reduced usage charge based on consumption, with low-income households paying as little as $15 a month and households making over $180,000 a year paying up to $85 more per month. The proposal is part of the companies' compliance with California state legislation and would need approval from the California Public Utilities Commission.

personal-finance2 years ago

California Utility Companies Propose Income-Based Fees on Power Bills

Three major utility companies in California have proposed a new billing structure that would charge customers based on their income. The plan would include a fixed-income rate and a reduced usage charge based on consumption, with low-income households paying as little as $15 a month and households making over $180,000 a year paying up to $85 more per month. The California Public Utilities Commission would need to approve the proposal, with the fixed rate potentially appearing on bills as soon as 2025.