Newsom Issues Executive Order Aiming To Reduce High Power, Gas Bills

Less than a week before the Nov. 5 election, California Gov. Gavin Newsom (D) is issuing an executive order (EO) directing officials to take steps aiming to lower ratepayers’ high electricity and natural gas bills, including by considering new bill credits, boosting a current “climate” credit, and potentially scaling back certain ratepayer-funded programs. “We’re taking action to address rising electricity costs and save consumers money on their bills. California is proving that we can address affordability concerns as we continue...