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.