Under the new rules, 11 million customers of the state's investor-owned utilities will see electricity prices on their monthly bill fall by between 8% and 18% and the addition of a fixed charge, a set fee to cover infrastructure expenses unrelated to power use.
Proponents argue the fixed charge is necessary for rate stabilization and to achieve California's climate goals, while opponents believe it discourages energy conservation and may disproportionately impact low-income customers.
#california-public-utilities-commission #fixed-charge #electricity-prices #energy-conservation #low-income-customers
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