livingston
20×102mm Vulcan
New California laws 2024: Income-based electric bills
Typically, electricity bills reflect the amount of electricity a specific household uses. But, after Assembly Bill 205 passed last year, California could see electricity charges based off of income level instead.The state’s three largest electric utility companies, Southern California Edison Company, Pacific Gas and Electric Company and San Diego Gas & Electric Company, all proposed the plan, saying that low-income customers could save approximately $300 a year under this new law.
Alternatively, California households earning more than $180,000 a year would end up paying an average of $500 more a year on their electricity bills, according to the proposal.
New California laws 2024: Income-based electric bills
California residents might soon find their electric bills to be reflective of income, rather than actual electricity usage, under this new state law.
www.foxla.com