Source: CNet.com
In California, how much you pay for electricity will soon be tied to how much you earn: A state law passed last summer requires the California Public Utilities Commission, or CPUC, to approve a pricing structure that incorporates a flat fee with a sliding scale based on income.
Currently, Californians pay for the energy they use and the cost of upgrading the grid, settling lawsuits related to wildfires and providing assistance to low-income customers is built into the per-kilowatt-hour price.
Under the new system, however, funds for these programs would come from “income-graduated fixed charges.”…