Richer people pay more: California to set electricity bills based on people’s income. Some higher-income residents who already enjoy subsidies for solar oppose paying more than low-income households. No shit, Sherlock.
Electricity bills are made up of fixed costs as well as fees that vary based on the amount of electricity residents use.
Last year, the state passed a law giving the California public utilities commission a 1 July 2024 deadline to determine a fixed charge for household electric bills based on people’s income.
The new income-based electricity bills could hit residents’ mailboxes as soon as 2025. Based on proposals currently under consideration, residents who make more than $180,000 a year could pay about $500 more annually on their electricity bills, while Californians who make less than $28,000 annually could save up to $300 a year.
Tax the rich, feed the poor, 'till there are no rich no more...
The law is part of the state’s answer of how to equitably transition away from carbon as an energy source.
Very smart: this will cause poor people to absolutely use less electricity, thus saving the planet.
ReplyDeleteWhen I think of how much the U.S. spent on printing technology to create our "impossible-to-counterfeit" currency...
ReplyDeleteWhen the SS starts looking for the origin of the bogus notes, might I suggest a country that regulates printing presses like we regulate guns.
What is the whining about? This is the communism you have been voting for. From each according to their ability to each according to their need. Lots and lots of "ability" in Hollyweird, Beverly Hills, Bel Air, Brentwood, Century City, etc. Oh year, like the good communists you are, it is "For thee, but not for me".
ReplyDeleteParts of California already have had this. Back in 2000 we moved from one house in a small town to a larger one in the same town. Same water company, same electric company. The baselines between the two houses was significant. We could use about twice the electricity in the lower cost house before being bumped to the higher rate than in the other house.
ReplyDeleteSooo...from each according to his ability...to each according to his needs? Novel concept.
ReplyDelete