Amid Criticisms, California Eyes Easing Consumers’ Clean Power Costs

March 5, 2021
As criticisms mount, California regulators are weighing options to fund the state’s ambitious clean energy and decarbonization programs without continuing to saddle utility customers with more rate hikes, as officials begin to acknowledge the state’s electricity rates are already high and are projected to climb significantly in the future. Some of the ideas they are considering include using a larger share of the state’s General Fund for such programs, hiking the state income tax and implementing income-based fixed charges on...

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