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.”