Richer People Pay More: California’s Dramatic Change to Electricity Bills 

June 2023

The Guardian

Severin Borenstein, Energy Institute Faculty Director acknowledges in The Guardian, the high electricity prices in California, as well as the establishment of an income-based charge.

“Borenstein similarly said that high costs for using electricity can discourage people from electrifying their homes. The income-based model will allow utility companies to lower the price they charge for using electricity because they will collect more money from fixed charges.”