Tag: Electricity Rates
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Electricity Rates: New Legislation in California to Base Utility Bills on Household Income
Governor Newsom approved Assembly Bill (AB) 205 on June 30, 2022, tasking the California Public Utilities Commission (CPUC) with implementing the new electricity rates structure by July 1, 2024. California residents can expect changes in their electricity rates as new legislation aims to shift the payment structure from a standard across-the-board system to one based…