California proposal would change how power bills are calculated, aiming to relieve summer spikes
A new proposal from California regulators would change how power companies calculate their customer's bills. Power rates are currently calculated mostly based on how much power people use. The new A proposal in California would change how power bills are calculated to alleviate summer spikes in California, where some customers face monthly payments exceeding $500. The current system allows for the more power you use, which can be used for other purposes such as maintaining the grid and reducing wildfire risk. The proposal aims to reduce these spikes, which occur when the temperature increases. The more power users use, the more money you pay, not just for electricity but also for maintenance and wildfire reduction.
Published : 4 weeks ago by ADAM BEAM - Associated Press in Business
SACRAMENTO, Calif. (AP) — It's become a rite of summer in sunny California: When the temperature spikes, so do electricity bills, leaving some customers with monthly payments over $500.
A big reason for that is the way California's largest power companies calculate rates. The more power you use, the more money you pay — not just for electricity, but also for things like maintaining the grid and reducing wildfire risk.
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