Description
Some Californians could see hundreds of dollars a year added on to their utility bills in the form of a 'fixed-rate' fee already approved by state lawmakers.
Now many of those same legislators are working to repeal this new charge, fearing that it could lead to unintended consequences. This proposed fixed-rate electricity charge, based on income, was approved by the state legislature in 2022 as a small part of a massive piece of legislation.
While it was mostly overlooked at the time, now that it's set to take effect later this year it is getting a lot of attention.
FULL STORY: https://www.cbs8.com/article/news/local/california/california-lawmakers-repeal-income-based-fixed-rate-charge-utility-bills/509-2a999425-aa43-4ef4-948a-eda2d8656527