Severin Borenstein, Meredith Fowlie, and James Sallee Discuss High Electricity Rates

“California uses volumetric rates to pay for numerous programs and costs, including infrastructure, wildfire damages, energy efficiency programs, low-income subsidies and rooftop solar, according to Severin Borenstein, a professor of business administration and public policy at Haas. “If you think of that as a tax that’s being added to the true cost of providing additional electricity, that tax is very regressive,” he said.”

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